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2526 | 1,169 | For the year ended December 31, 2004, realized gains on disposal of fixed maturities, excluding hedging adjustments, were $297.2 million. These gains resulted from managing the portfolios for tax optimization and ongoing portfolio | 33 | 10K |
INGGroepNV-AR_2014 | 5,960 | Net result 1,251 Addition to reserves pursuant to Article 37 (4) of the Articles of Association 781 At the disposal of the General Meeting of Shareholders pursuant to Article 37 (5) of the Articles of Association 470 | 37 | annual_report |
SwissReAG-AR_2001 | 100 | Life & Health (in charge from Business Group 1 July 2002) | 11 | annual_report |
2429 | 819 | The fair values of the note payable to financial institution approximates its carrying amount based upon its variable interest rate and comparability to rates currently being offered for similar notes. | 30 | 10K |
4749 | 847 | The CLOs managed by the Company contain a diversified portfolio of middle market leveraged loans carried at estimated fair value. In general, the fair value of leveraged loans are obtained from an independent pricing service which provides secondary coverage of market participants. The values represent a composite of mark-to-market bid/offer prices and are classified as Level 2. In certain instances the Company will make its own determination of fair value of leveraged loans based on internal models and other unobservable inputs and the Company classified these leveraged loans as Level 3. The changes in fair values of investments in loans are reported in the consolidated statement of operations. | 108 | 10K |
AegonNV-AR_2013 | 1,511 | In 2011, Caja Cantabria Vida y Pensiones entered into a SIP | 11 | annual_report |
RaiffeisenBankInternationalAG-AR_2015 | 1,787 | WB EDIF First Loss Portfolio Guarantee Raiffeisenbank Austria d.d., Zagreb (HR) | 11 | annual_report |
PosteItalianeSpA-AR_2020 | 1,634 | y Possible access to new markets and new customer segments requiring insurance coverage y Advantages deriving from the greater reliability of the supply chain and Poste Italiane’s improved ability to operate in various conditions compared to its competitors | 38 | annual_report |
LloydsBankingGroupPLC-AR_2011 | 1,761 | – Business Area policy: local policy which is produced by exception where a greater level of detail is needed by a business area than is appropriate for group-level policy. | 29 | annual_report |
ASRNederlandNV-AR_2015 | 2,429 | Insurance claims and benefits -5,541 -5,197 -5,113 Insurance claims and benefits recovered from reinsurers 291 100 110 | 17 | annual_report |
4530 | 1,008 | The Company’s revenue is derived from insurance agency and brokerage services. The Company, through its VIEs in the PRC, sells insurance products to customers, and obtains commissions from the respective insurance companies according to the terms of each insurance company service agreement. The Company recognizes revenue when the following have occurred: persuasive evidence of an agreement between the insurance company and insured exists, services were provided, the fee for such services is fixed or determinable and collectability of the fee is reasonably assured. Insurance agency services are considered complete, and revenue is recognized, when an insurance policy becomes effective, that is, when the signed insurance policy is in place and the premium is collected from the insured. The Company has met all the four criteria of revenue recognition when the premiums are collected by the respective insurance companies and not before because collectability is not ensured until receipt of the premium. Accordingly, the Company does not accrue commissions and fees prior to the receipt of the related commissions from the respective insurance companies. No allowance for cancellation was recorded, as the management of the Company estimates, based on its past experience, the cancellation of policies rarely occurs. Any subsequent commission adjustments in connection with policy cancellations have been de minims to date are recognized upon notification from the insurance carriers. | 220 | 10K |
gb_lloyds_banking_grp-AR_2016 | 3,952 | Performance-based compensation expense deferred until later years comprises: Awards made in respect of the year ended 31 December 123 114 152 | 21 | annual_report |
INGGroepNV-AR_2011 | 1,221 | Tenure The contract of employment for Executive Board members provides for an appointment for a period of four years and allows for reappointment by the General Meeting. In the case of an involuntary exit, Executive Board members are eligible for an exit-arrangement limited to one-year base salary. | 47 | annual_report |
LloydsBankingGroupPLC-AR_2003 | 385 | In Central group items there was a credit of £7 million, little changed from a credit of £6 million in 2001; these credits represent the release of provisions following the repayment of medium-term debt in the emerging markets portfolio. | 39 | annual_report |
ch_zurich_insurance_group-AR_2018 | 2,018 | Net change in reserves for unearned premiums 10 (224) (79) Net earned premiums and policy fees 41,007 41,057 Farmers management fees and other related revenues 26 3,204 2,892 | 28 | annual_report |
1027 | 258 | We believe that cash flow generated by our operations and our cash and investment balances will be sufficient to fund continuing operations, principal repayments and debt service on our outstanding Senior Notes, including principal repayments of $2.5 million due in December 1999, and capital expenditures for the next 12 months. | 50 | 10K |
SwissLifeHoldingAG-AR_2012 | 55 | In 2012 Swiss Life generated an overall segment profit from operations of CHF 346 million (2011: CHF 699 million). The result was impacted by one-off effects, especially the impairment of AWD’s intangible assets. Adjusted profit from operations rose 26% to CHF 993 million. | 43 | annual_report |
2716 | 1,599 | We currently own and occupy our executive offices located at 9151 Grapevine Highway, North Richland Hills, Texas 76180-5605 comprising in the aggregate approximately 281,000 square feet of office and warehouse space. In addition, we lease office space at various locations. | 40 | 10K |
PhoenixGroupHoldingsPLC-AR_2020 | 3,299 | • net other one-off items totalling a cost of £13 million. | 11 | annual_report |
4554 | 1,175 | The Company did not acquire any impaired mortgage loans during the years ended December 31, 2012 and 2011. The Company had $16.9 million and $20.3 million of mortgage loans, gross of valuation allowances, that were on a nonaccrual status at December 31, 2012 and 2011, respectively. | 46 | 10K |
gb_prudential-AR_2013 | 5,772 | The total number of securities available for issue under the scheme is 1,873,315 which represents 0.073 per cent of the issued share capital at 31 December 2013. | 27 | annual_report |
3562 | 1,789 | In March 2007, we declared and paid dividends to our stockholders amounting to $2.4 million. | 15 | 10K |
NatwestGroupPLC-AR_2017 | 5,291 | Lombard Corporate Finance (10) Ltd BF FC The Quadrangle, The Promenade, Cheltenham, GL50 1PX, England | 15 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2014 | 1,765 | On 1 August 2014, via its subsidiary ERGO International AG, Düsseldorf, Munich Re acquired 100% of the voting shares in SHC Insurance Pte. Ltd., Singapore, which in October was renamed ERGO Insurance Pte. Ltd. (ERGO Insurance), Singapore. The purchase price was S$ 117m (€69m). It was paid in cash and fully financed from internal resources. ERGO Insurance offers a broad spectrum of property- casualty policies, including motor, liability, bond, personal accident, fire, marine, and engineering insurance. Market entry in Singapore ties in perfectly with ERGO’s international growth strategy, which is focused on the highly attractive property- casualty markets of Southeast Asia. | 101 | annual_report |
de_allianz-AR_2005 | 720 | Following completion of the tender offer and further purchases of RAS shares outside the tender offer, the Allianz Group increased its ownership to 76.3 % of the total ordinary and savings shares of | 33 | annual_report |
StandardLifeAberdeenPLC-AR_2017 | 1,834 | How are the performance metrics set? Long-term financial targets Long-term financial targets (excluding Investment performance) are three-year cumulative targets based on adding the discrete oneyear figures from the relevant budget and operating plan approved by the Board each year. This ensures that meaningful and challenging targets can be set by reference to, amongst other things, the trend of prior year results and the prevailing market and economic conditions. To avoid reliance on historic results for periods before completion of the merger, the three-year targets will be introduced on a transitional basis, under which the targets in the first year will be set for 2018 only based on the 2018 budget and operating plan, in the second year they will be set on a cumulative basis for the two years 2018 and 2019, with the full three-year cumulative measure applying in the third year, covering the years 2018, 2019 and 2020. | 150 | annual_report |
4064 | 1,393 | The benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at the end of 2009 and reflect benefits attributable to estimated future service. | 29 | 10K |
5668 | 2,417 | contracts that were considered “in the money” was $715 million and $888 million, respectively. For GMWBs and guaranteed annuitization benefits, the only way the contractholder can monetize the excess of the benefit base over the account value of the contract is through lifetime withdrawals or lifetime income payments after annuitization. | 50 | 10K |
ch_zurich_insurance_group-AR_2015 | 2,270 | Table 7.3 sets out gains and losses arising from fair value hedges: Q4_2015_12_AR15_Consolidated_financial_statements_v118_en.indd 188 23.02.2016 09:33:50 | 16 | annual_report |
fr_axa-AR_2007 | 6,872 | PERSoN RESPoNSIBlE foR fINANCIAl INfoRmAtIoN Denis Duverne Member of the Management board, group chief Financial Officer | 16 | annual_report |
4201 | 1,387 | Indemnity is due $25 million from EFL in the form of a surplus note that was issued in 2003. The note may be repaid only out of unassigned surplus of EFL. Both principal and interest payments are subject to prior approval by the Pennsylvania Insurance Commissioner. The note bears an annual interest rate of 6.7% and will be payable on demand on or after December 31, 2018, with interest scheduled to be paid semi-annually. EFL paid annual interest to Indemnity of $2 million in both 2010 and 2009. | 88 | 10K |
2574 | 705 | Effective January 1, 2004, Potomac ceased its participation in the Pool and no longer has any assumed liabilities, real or contingent. At the time of de-pooling, Potomac also entered into a transfer and assumption agreement which effectively transferred all its direct liabilities to OneBeacon. Potomac remains contingently liable for the insurance liabilities associated with its former direct business to the extent OneBeacon fails to perform. | 65 | 10K |
StandardLifeAberdeenPLC-AR_2020 | 3,946 | In the year ended 31 December 2020 there were sales to joint ventures of £10m (2019: £1m) and purchases from joint ventures of £nil (2019: £1m). In addition to these transactions between the Group and related parties during the year, in the normal course of business the Group made a number of investments into/divestments from investment vehicles managed by the Group including investment vehicles which are classified as investments in associates measured at FVTPL. Group entities paid amounts for the issue of shares or units and received amounts for the cancellation of shares or units. 1 2019 comparative restated to include sales where the selection of the Group as the asset manager is made by the underlying policyholder. | 118 | annual_report |
PhoenixGroupHoldingsPLC-AR_2011 | 300 | £500 million to £600 million of these targeted cash flows are expected to be generated in 2012. | 17 | annual_report |
AegonNV-AR_2009 | 2,167 | Group becomes a party to the contractual provisions of the instrument and are classified for accounting purposes depending on the characteristics of the instruments and the purpose for which they were purchased. | 32 | annual_report |
4473 | 7,145 | The effective tax rate for 2011, 2010 and 2009 was 5.9%, 29.1% and (125.0%), respectively. The principal cause of the difference between the effective rate and the U.S. statutory rate of 35% in 2011 was the dividend received deduction and a decrease in the valuation allowance. The principal cause of the difference between the effective tax rate and the U.S. statutory rate of 35% in 2010 was an adjustment to tax attribute carryovers as a result of the effective settlement of an IRS audit, partially offset by a decrease in the valuation allowance. | 93 | 10K |
AegonNV-AR_2011 | 1,947 | Fluctuations in currency exchange rates may affect AEGON’s reported results of operations. | 12 | annual_report |
3295 | 672 | Favorable net prior year development of $36 million was recorded in 2007, including $25 million of favorable claim and allocated claim adjustment expense reserve development and $11 million of favorable premium development. Favorable net prior year development of $66 million, including $61 million of favorable claim and allocated claim adjustment expense reserve development and $5 million of favorable premium | 59 | 10K |
5542 | 587 | Shareholders’ Equity. Our shareholders’ equity was $12,632,666 as of December 31, 2018, a decrease of $1,303,036 from our December 31, 2017 shareholders’ equity of $13,935,702. The reduction in shareholders’ equity was driven by a reduction in other comprehensive income and our net loss during the period. Other comprehensive income consists of the unrealized gains and losses on our investment portfolio. The reduction in other comprehensive income is the result of higher interest rates which lowers the market value of our fixed maturity securities and due to market volatility which reduced the value of our equity securities. This reduction in other comprehensive income is expected to be temporary in nature and reduced shareholders equity by $2,589,867 in 2018. The reduction is partially offset by the sale of common stock during the year. | 131 | 10K |
NatwestGroupPLC-AR_2008 | 748 | Total manufacturing costs 4,793 4,481 3,773 Allocated to divisions (4,793) (4,481) — | 12 | annual_report |
4145 | 1,491 | $88.8 million in favorable development due primarily to lower than expected claim emergence from underwriting years 2005-2008 in Latin America ($27.5 million), Europe ($21.6 million), Bermuda ($20.6 million) and US ($13.8 million). | 32 | 10K |
HannoverRueckSE-AR_2018 | 1,320 | In the period from 1994 to 2002 he served as the company’s Chief Financial Officer. During this time he acquired superb knowledge of the company and he is equipped with extensive professional expertise in the topics that fall within the scope of responsibility of the Finance and Audit Committee. With this in mind, the serving Chair of the Supervisory Board is optimally suited to chairing the Audit Committee. | 68 | annual_report |
4629 | 1,713 | Interest expense includes costs related to the Company’s debt and collateral facilities and does not include deposit liability accretion which is included in Net investment results - structured products. | 29 | 10K |
SwissReCorporateSolutions-AR_2017 | 193 | Foreign exchange −20 90 Effect of acquisitions, disposals, new retroactive reinsurance and other items 18 88 | 16 | annual_report |
HiscoxLtd-AR_2003 | 628 | During the year the Group has contributed to the scheme at the rate of 23.1% of pensionable salaries plus an additional contribution of £7,000,000. From 1 January 2004, the Group is making contributions to the scheme at the rate of 22.6% of pensionable salaries plus an additional contribution of £2,766,000 per annum. | 52 | annual_report |
StorebrandASA-AR_2018 | 2,158 | NOK million 31.12.18 31.12.17 Present value of insured pension liabilities 1,018 994 Fair value of pension assets -913 -928 Net pension liabilities/assets insured scheme 105 66 Asset ceiling 5 Present value of unsecured liabilities 213 267 Net pension liabilities recognised in statement of financial position 317 338 | 47 | annual_report |
NatixisSA-AR_2008 | 10,725 | The table below gives details of the amount of issue premiums for each of the operations impacting on the capital. | 20 | annual_report |
5643 | 947 | Profitability of our long-tailed products is affected by claims experience related to mortality and morbidity, resolutions, investment returns, premium rate increases, and persistency. We believe that the interest adjusted loss ratios for the individual disability and long-term care lines of business will be relatively flat over the long term, but these product lines may continue to experience quarterly volatility, particularly in the near term for our long-term care product lines as our claim block matures and as we continue the implementation of premium rate increases. Specific to our long-term care line of business, which is in loss recognition and should report levels of benefits plus operating expenses that equal the gross premium reported, we expect the long term interest adjusted loss ratio to be in the 85 to 90 percent range with some quarterly volatility. Claim resolution rates, which measure the resolution of claims from recovery, deaths, settlements, and benefit expirations, are very sensitive to operational and external factors and can be volatile. Our claim resolution rate assumption used in determining reserves is our expectation of the resolution rate we will experience over the life of the block of business and will vary from actual experience in any one period. It is possible that variability in any of our reserve assumptions, including, but not limited to, interest rates, mortality, morbidity, resolutions, premium rate increases, benefit change elections, and persistency, could result in a material impact on the adequacy of our reserves, including adjustments to reserves established under loss recognition. | 249 | 10K |
LloydsBankingGroupPLC-AR_2012 | 5,618 | A. Maximum credit exposure The maximum credit risk exposure of the Group in the event of other parties failing to perform their obligations is detailed below. no account is taken of any collateral held and the maximum exposure to loss, which includes amounts held to cover unit-linked and With Profits funds liabilities, is considered to be the balance sheet carrying amount or, for non-derivative off-balance sheet transactions and financial guarantees, their contractual nominal amounts. | 74 | annual_report |
DirectLineInsuranceGroupPLC-AR_2019 | 2,982 | Receivables arising from insurance contracts: Due from policyholders 684.8 740.4 Impairment provision of policyholder receivables (1.0) (0.9) Due from agents, brokers and intermediaries 111.5 82.9 Impairment provision of agent, broker and intermediary receivables (0.2) (0.5) Amounts due from reinsurers1 10.1 13.5 | 41 | annual_report |
4142 | 1,310 | Since the Company’s formation and through December 31, 2009, it has completed 266 acquisition transactions, including 46 sub-acquisitions. All of these transactions have been accounted for using the purchase method, and their related net assets and results of operations were included in NFP’s consolidated financial statements commencing on their respective acquisition dates. Certain of the acquisitions have provisions for additional contingent consideration based upon the financial results achieved over a multi-year period. This additional consideration is reflected as an increase in goodwill when results are achieved and the outcome of the contingency is determinable beyond a reasonable doubt. | 98 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2020 | 548 | At the same time, market concentration measured by the periodic gross written premium remained high. During the last year, the sequence of the four largest market players has not changed and their combined share rose to 71.2%. | 37 | annual_report |
1442 | 2,701 | General expenses, taxes and commissions to agents totaled approximately $29.9 million in fiscal 2000 as compared to approximately $23.7 million in fiscal 1999 and approximately $19.3 million in fiscal 1998. This represents an increase of approximately 26.2% comparing fiscal 2000 to fiscal 1999 and an increase of approximately 22.7% comparing fiscal 1999 to fiscal 1998. The increase in fiscal 2000 compared to fiscal 1999 principally is attributable to higher costs associated with higher commissions and selling expenses incurred associated with the higher level of sales of single premium annuities. The increase in fiscal 1999 compared to fiscal 1998 principally is attributable to higher commissions and selling expenses incurred associated with the higher level of sales of single premium annuities | 119 | 10K |
fr_axa-AR_2019 | 2,785 | Chief Executive Off icer, the Board of Directors decided to maintain the position of Senior Independent Director, in particular due to the qualification of non-independent director of the Chairman of the Board of Directors. | 34 | annual_report |
4570 | 899 | In 2012, includes $0.1 billion payment under the Freddie Mac settlement agreement (See Note 20 - “Litigation and Contingencies”). | 19 | 10K |
TrygAS-AR_2011 | 670 | Mr Bergqvist has international management and board experience in M&A, strategic development, marketing, branding and financial management. | 17 | annual_report |
4402 | 1,086 | The United Fire Group, Inc. 2008 Stock Plan (the “2008 Stock Plan”) authorizes the issuance of restricted and unrestricted stock awards, stock appreciation rights, incentive stock options, and non-qualified stock options for up to 1,900,000 shares of our common stock to employees, with 653,511 authorized shares available for future issuance at December 31, 2011. The 2008 Stock Plan is administered by the Board of Directors, which determines those employees who will receive awards, when awards will be granted, and the terms and conditions of the awards. The Board of Directors may also take any action it deems necessary and appropriate for the administration of the 2008 Stock Plan. Pursuant to the 2008 Stock Plan, the Board of Directors may, at its sole discretion, grant awards to our employees who are in positions of substantial responsibility with United Fire. | 138 | 10K |
BaloiseHoldingLtd-AR_2006 | 5,340 | Gross premiums written and policy fees 3,055.4 3,783.7 6,839.1 3,065.1 3,651.4 6,716.5 | 12 | annual_report |
gb_prudential-AR_2001 | 127 | Summary 2001 has been another year of considerable success and achievement for the Group and the benefits of our strategy of diversification by product and distribution channel internationally are very clear. The implementation and delivery of this strategy has, of course, been made possible by the hard work and drive of our staff and I would like to thank them all for their continued support throughout the year. | 68 | annual_report |
ScorSE-AR_2008 | 1,286 | 15.2 Total amounts set aside or accrued to provide pension, retirement, or similar benefi ts for fi nancial year 2008 No retirement benefi t (or commitment) has been paid to the directors. | 32 | annual_report |
2901 | 1,183 | Net earnings of our insurance company segment increased 20% to $128.5 million in 2005 compared to $107.4 million in 2004, which in turn increased 44% from $74.4 million in 2003. The 2005 net earnings included $75.2 million of after-tax losses related to hurricanes and a commutation, while 2004 net earnings included $21.5 million of after-tax hurricane losses and 2003 net earnings included an $18.7 million after-tax commutation loss. The growth in segment net earnings was driven by: 1) improved underwriting results, 2) increased retentions, which resulted in higher earned premium, 3) increased investment income and 4) the operations of acquired subsidiaries. Effective January 1, 2005, we consolidated the operations of our largest underwriting agency into one of our life insurance companies, which reduced fee and commission income of our agency segment but increased the underwriting profitability of our insurance company segment. Even though there is some pricing competition in certain of our markets, our margins remain at an acceptable level of profitability due to our underwriting expertise and discipline. We expect net earnings from our insurance companies to continue to grow in 2006. | 183 | 10K |
NatixisSA-AR_2019 | 278 | In 2019, Natixis Investment Managers continued to stronglyV enhance its brand visibility through high-level media engagement and global partnerships with thought leadership groups, such as the PRI, G7 Investor Leadership Network, World Economic Forum, Dow Jones, and others. Natixis Investment Managers remains committed to maintaining its place on the global stage to foster its distinctive approach towards active investing. | 59 | annual_report |
4424 | 1,599 | A claim liability is recorded on the balance sheet when there is evidence that deterioration has occurred and the net present value of our expected losses for a particular policy exceeds the unearned premium reserve for that policy. The claim liability reported is net of estimated salvage and subrogation, which may result in a net claim asset. | 57 | 10K |
Sampoplc-AR_2003 | 339 | Shares and votes The Articles of Association state that Sampo plc’s share capital can be at minimum EUR 30,105,638.84 and at maximum EUR 120,422,555.30. On 31 December, 2003, the company’s share capital was EUR 93,162,650.32 divided into 553,919,965 shares, of which 552,719,965 were A shares and 1,200,000 were B shares. The shares have no nominal value. The approximate counter book value of the shares is EUR 0.17. Each A share has 1 vote and each B share has 5 votes at General Meetings. The A shares have been quoted on the Helsinki Exchanges since 1988. Kaleva Mutual Insurance Company owns all the B shares. In addition Sampo’s 1998 A/B/C warrants and 2000 A/B options are quoted on the main list of the Helsinki Exchanges. The 2000 A options have been traded on the Helsinki Exchanges since 2 January, 2003 and the 2000 B options since 2 January, 2004, at which time they were combined to form the 2000 A/B options. | 160 | annual_report |
5758 | 669 | Retention by independent agencies. Amounts retained by independent agencies are based on agreements between the agencies and our title underwriters. Amounts retained by independent agencies, as a percentage of revenues generated by them, averaged 82.3%, 82.4% and 82.4% in 2019, 2018 and 2017, respectively. The average retention percentage may vary from year-to-year due to the geographical mix of agency operations, the volume of title revenues and, in some states, laws or regulations. Due to the variety of such laws or regulations, as well as competitive factors, the average retention rate can differ significantly from state to state. In addition, a high proportion of our independent agencies are in states with retention rates greater than 80%. We continue to focus on increasing profit margins in every state, increasing premium revenue in states where remittance rates are above 20%, and maintaining the quality of our agency network, which we believe to be the industry’s best, in order to mitigate claims risk and drive consistent future performance. While market share is important in our agency operations channel, it is not as important as margins, risk mitigation and profitability. | 185 | 10K |
NatixisSA-AR_2013 | 1,158 | Director First appointed: Co-opted by the Board on 02.22.2011 and ratifi ed at the CSM of 05.26.2011 Term expires: 2015 AGM (b) | 22 | annual_report |
SwissLifeHoldingAG-AR_2004 | 2,274 | As statutory auditors, we have audited the accounting records and the financial statements (statement of income, balance sheet and notes, pages 149 to 153) of Swiss Life Holding for the year ended 31 December 2004. | 35 | annual_report |
3968 | 547 | In each of the years 2007 through 2009, net income was affected by certain significant, unusual, and nonrecurring nonoperating items. We do not view these items as components of core operating results because they are not indicative of past performance or future prospects of the insurance operations. A discussion of these items follows. | 53 | 10K |
5034 | 2,470 | Total estimated net assets are generally as at November 30 for hedge fund affiliates and September 30 for private investment fund affiliates. | 22 | 10K |
4501 | 996 | The costs of acquiring new business and retaining existing business, principally commissions, premium taxes and certain underwriting and marketing costs that vary with and are primarily related to the production of new business, have been deferred and are being amortized as the related premium is earned. Amortization of deferred acquisition costs for the years ended December 31, 2011, 2010 and 2009, totaled $56.0 million, $57.3 million and $57.7 million, respectively. The Company evaluates whether deferred acquisition costs are recoverable at year-end, and considers investment income in the recoverability analysis. As a result of the Company's evaluations, no write-offs for unrecoverable deferred acquisition costs were recognized during the years ending December 31, 2011, 2010 and 2009 | 115 | 10K |
gb_lloyds_banking_grp-AR_2009 | 6,895 | Cash fl ows for undated subordinated liabilities whose terms give the Group the option to redeem at a future date are included within the table on the basis that the Group will exercise its option to redeem. | 37 | annual_report |
5542 | 543 | On October 11, 2018 the Company entered into a stock purchase agreement with Great Western Insurance Company to acquire Great Western Life Insurance Company. The transaction closed on December 14, 2018. USALSC paid $500,000 to acquire all of the outstanding shares of GWLIC. | 43 | 10K |
BaloiseHoldingLtd-AR_2006 | 702 | VORABDRUCKThis segment comprises companies for reinsurance, special investments and fi nancing as | 12 | annual_report |
ch_zurich_insurance_group-AR_2018 | 3,361 | c) Contingent share capital (as specified in Article 5ter of the Articles of Association) Financial Instruments The share capital of Zurich Insurance Group Ltd may be increased by an amount not exceeding CHF 3,000,000 by issuing of up to 30,000,000 fully paid registered shares with a nominal value of CHF 0.10 each by the voluntary or mandatory exercise of conversion and/or option rights which are granted in connection with the issuance of loans, bonds, similar debt instruments, equity-linked instruments or other financial market instruments (collectively, the ‘Financial Instruments’) by Zurich Insurance Group Ltd or one of its group companies or by mandatory conversion of Financial Instruments issued by the Zurich Insurance Group Ltd or one of its group companies, that allow for contingent mandatory conversion into shares of Zurich Insurance Group Ltd, or by exercising option rights which are granted to the shareholders. The subscription rights are excluded. The then-current owners of the Financial Instruments shall be entitled to subscribe for the new shares. The conversion and/or option conditions are to be determined by the Board. | 176 | annual_report |
SwissReAG-AR_2006 | 2,514 | Maximum amount of risk that can be accepted in insurance. One factor in determining capacity is government regulations that define minimum solvency requirements. Capacity also refers to the amount of insurance coverage allocated to a particular policyholder or in the marketplace in general. | 43 | annual_report |
5682 | 818 | The Company cedes insurance risk to other insurance companies. This arrangement allows us to minimize the net loss potential arising from large risks. Reinsurance contracts do not relieve the Company of its obligation to its policyholders. Reinsurance premiums, losses, and loss adjustment expenses are accounted for on a basis consistent with those used in accounting for the original policies issued and the terms of the reinsurance contract. | 67 | 10K |
2604 | 1,177 | On January 1, 2004 (the "Merger Date"), the Company simultaneously redomesticated from Delaware to Iowa, changed its name from Golden American Life Insurance Company to ING USA Annuity and Life Insurance Company, and merged the following affiliates into the Company: Equitable Life Insurance Company of Iowa ("Equitable Life"), USG Annuity & Life Company ("USG"), and United Life & Annuity Insurance Company ("ULA") (the collectively, "Merger Companies"). Prior to the merger date, ING USA was a wholly-owned subsidiary of Equitable Life. Equitable Life merged its affiliate, Ameribest Life Insurance Company ("AMB"), a life insurance company domiciled in Georgia, into its operations on January 1, 2003. | 104 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008 | 1,581 | To provide for efficient risk management, Munich Re has established specific risk management functions and bodies. The Integrated Risk Management (IRM) Division supervises risk management Group-wide, building on the decentralised risk management structures in all units of the Group. It is headed by the Group Chief Risk Officer (Group CRO), to whom the decentralised risk officers report. He is supported – as are the decentralised CROs of individual units – by interdisciplinary teams of highly qualified staff and by state-of-the-art systems. Our stringent risk governance ensures that staff of the risk management organisation and the whole Group are sufficiently informed about our business and risk strategy, organisation and the relevant roles and responsibilities. | 113 | annual_report |
4730 | 710 | Claims and claim adjustment expenses in 2012 were $14.68 billion, $1.60 billion or 10% lower than in 2011. The decrease primarily reflected (i) a decline in catastrophe losses, (ii) lower levels of | 32 | 10K |
AvivaPLC-AR_2019 | 4,737 | CGU International Holdings BV Ordinary 100 Commercial Union Corporate Member Limited | 11 | annual_report |
NatwestGroupPLC-AR_2013 | 4,333 | Dividends paid (5) — (40) Movements in available-for-sale securities - unrealised gains 8 3 1 - recycled to profit or loss on disposal of businesses (3) (5) — — Equity raised — 875 — Equity withdrawn and disposals (1,429) (23) (421) Transfer from retained earnings — 361 — | 48 | annual_report |
5491 | 3,675 | The increase in the combined ratio reflected an increase in the loss ratio slightly offset by a decrease in the expense ratio. | 22 | 10K |
HelvetiaHoldingAG-AR_2012 | 1,104 | Income from unit-linked investments 40.2 – 20.2 36.2 – 21.9 55.3 – 5.1 2.8 0.1 2.8 0.5 0.0 – – – 137.3 – 46.6 | 24 | annual_report |
3246 | 3,086 | On a cash basis, the Company paid $ 1,469, $13, and $ 77,453 in interest expense for the years 2006, 2005 and 2004, respectively. The Company paid $ 503,214, $ 0, and $ 110,000 in federal income tax for 2006, 2005 and 2004, respectively. | 44 | 10K |
5412 | 1,578 | The following table provides quantitative data regarding all Insurance Subsidiaries' dividends paid to the Parent in 2017 for debt service, shareholder dividends, and general operating purposes: | 26 | 10K |
3407 | 1,199 | On December 12, 2007, River Lake V delivered to GLAIC a $550.0 million Letter of Credit and Reimbursement Agreement (the “LOC Agreement”) entered into and among River Lake V, as account party, Genworth, as guarantor, and a third-party bank that serves as the administrative agent. Genworth guarantees the complete and timely performance of all of River Lake V’s obligations under the LOC Agreement, including River Lake V’s obligation to reimburse the third-party bank for any draws by GLAIC on the LOC Agreement. | 82 | 10K |
SwissLifeHoldingAG-AR_2009 | 1,005 | Individual compensation is made up of a basic salary and variable short-, medium- and long-term salary components as well as contributions to occupational provisions and risk insurance. The basic salary is determined according to the employee’s function and skill set, and is annually re-assessed and adjusted if appropriate. The variable salary components are linked to the strategic objectives of the company and the individual divisions, and the associated financial and HR-related targets. Personal performance and target achievement are assessed annually in the employee appraisal procedure implemented throughout the Group (Group Performance System) and taken into consideration when applying the defined compensation policy. | 102 | annual_report |
BaloiseHoldingLtd-AR_2005 | 684 | amount of compensation to members of the Board of Directors and salaries of Corporate Executive Committee members. It formulates an incentive plan setting forth high-level corporate goals and defining attainment of these goals. | 33 | annual_report |
3577 | 3,909 | At December 31, 2007, 2006 and 2005, the discontinued operations’ gross reserves for environmental-related losses were $877,000, $1.5 million and $1.3 million, respectively ($364,000, $1.1 million and $900,000, net of reinsurance, respectively). Of the net environmental reserves, approximately $373,000 related to IBNR losses at December 31, 2006 and 2005, respectively. All incurred asbestos and environmental losses were for accident years 1986 and prior. | 63 | 10K |
4776 | 658 | During the year ended December 31, 2013, our investing activities used $144,154,000 of cash compared to using $25,894,000 of cash in 2012 because purchases of investments increased $165,980,000 in 2013 compared to 2012 as we invested our excess operating cash. | 40 | 10K |
4090 | 1,004 | NOTE 10. Reserve for Known and Incurred But Not Reported Claims: | 11 | 10K |
2573 | 1,097 | (Loss) Income Per Share: Basic earnings per share (“EPS”) is computed by dividing net income available to common stockholders by the weighted average common shares outstanding for the period. Diluted EPS is calculated by adding to shares outstanding the additional net effect of potentially dilutive securities or contracts that could be exercised or converted into common shares. Net loss available to common shareholders and average shares outstanding as follows (in thousands): | 71 | 10K |
SwissReAG-AR_1982 | 276 | Of the total amount of Sw. frs. 176.3 million, Sw. frs. 174.4 million was for bank balances. The major part of this amount is invested short-term in the principal currencies for our business activity and is used to meet current obli gations on time. | 44 | annual_report |
RSAInsuranceGroupPLC-AR_2015 | 2,355 | The Group defines its ORSA as a series of inter-related activities by which it establishes: • the quantity and quality of the risks which it seeks to assume; • the level of capital required to support those risks; and | 39 | annual_report |
ScorSE-AR_2010 | 2,992 | SCOR Holding (UK) Ltd United Kingdom 100.00 100.00 100.00 100.00 Full SCOR Insurance (UK) Ltd United Kingdom 100.00 100.00 100.00 100.00 Full SCOR PCC Ltd United Kingdom 100.00 100.00 100.00 100.00 Full SCOR Switzerland AG Switzerland 100.00 100.00 100.00 100.00 Full | 41 | annual_report |
875 | 433 | Net Investment Income. Net investment income within the property and casualty insurance operation was $178.3 million, $138.9 million and $111.6 million in 1998, 1997 and 1996, respectively. Significantly higher invested assets, due primarily to the acquisitions of Unicare and Industrial, resulted in increased investment income in 1998 as compared to 1997. The acquisition of Industrial also was the main contributor to higher net investment income in 1997 as compared to 1996. (See "Item 1. Business -- Investment Portfolio.") | 78 | 10K |
CNPAssurancesSA-AR_2000 | 136 | During 2001, the range of products distributed by the French Treasury network was further enhanced with the addition of two new products. Trésor Epargne, a combination product, now includes a unit-linked offer eligible for inclusion in PEP portfolios. Trésor Capitalisation, an endowment contract with no front-end fees, represents the latest addition to the range. | 54 | annual_report |
5754 | 732 | Level III - Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect the reporting entity’s own assumptions that market participants would use in pricing the asset or liability. Level III assets and liabilities include financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. | 84 | 10K |
AvivaPLC-AR_2007 | 3,212 | However, the Group’s net exposure to such liabilities is not significant and, on the basis of current information and having regard to the level of provisions made for general insurance claims, the directors consider that any costs arising are not likely to have a material impact on the financial position of the Group. | 53 | annual_report |
DirectLineInsuranceGroupPLC-AR_2016 | 927 | Further details of how the Company applied the Code’s principles and complied with its provisions can be found on the following pages of this report and the Directors’ remuneration report: Leadership – page 53 | 35 | annual_report |
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