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5820 | 824 | Interest credited to policyholder funds represents interest accrued or paid on interest-sensitive life policies and investment policies. These amounts are reported in insurance benefits, claims and reserves on the Consolidated Statements of Income. Credit rates for certain annuities and interest-sensitive life policies are adjusted periodically by the Company to reflect current market conditions, subject to contractually guaranteed minimum rates. | 59 | 10K |
de_allianz-AR_2011 | 83 | During the meeting on september 15, 2011 the Board of Management reported in detail on the business performance and financial condition of the Allianz group and the development of its individual segments. As in the previous year, we paid special attention to the strategy of the Allianz group. the supervisory Board welcomed the Board of Management’s decision to give employees of the Allianz group in 21 countries the opportunity to buy Allianz shares under favorable conditions. the standing Committee approved the use of Authorized Capital 2010/ii to issue these shares to employees. in the executive session, one of the issues we addressed was the reinsurance of pension entitlements. the meeting was followed by a separate session in which members of the Boards of Management within Allianz group gave presentations on strategic asset investment, global insurance activities, the current status of Allianz Deutschland and the characteristics of life insurance products. | 149 | annual_report |
5794 | 1,199 | The U.S. Reinsurance operation writes property and casualty reinsurance and specialty lines of business, including Marine, Aviation, Surety and Accident and Health (“A&H”) business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U.S. The International operation writes non-U.S. property and casualty reinsurance through Everest Re’s branches in Canada and Singapore and through offices in Brazil, Miami and New Jersey. The Bermuda operation provides reinsurance and insurance to worldwide property and casualty markets through brokers and directly with ceding companies from its Bermuda office and reinsurance to the United Kingdom and European markets through its UK branch and Ireland Re. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers and general agents within the U.S., Canada and Europe. | 135 | 10K |
RaiffeisenBankInternationalAG-AR_2017 | 2,767 | The Group Operational Risk Management & Control Committee comprises representatives of the business areas (retail, market and corporate customers) and representatives from Compliance (including financial crime), Internal Control System, Operations, Security and Risk Controlling, under chairmanship of the CRO. This committee is responsible for controlling the operational risk (including conduct risk) of the Group. It derives and sets the operational risk strategy based on the risk profile and the business strategy and also makes decisions regarding measures, controls and risk acceptance. | 81 | annual_report |
1077 | 120 | Net Premiums. Net premium revenue was $27.9 million from contracts executed during the initial nine-month operating period ending December 31, 1998. All of such premium revenue was derived from traditional ordinary life reinsurance covering existing blocks of in force business, developed directly by the Company and through the use of intermediaries. | 51 | 10K |
AegonNV-AR_2006 | 3,016 | Amortization of deferred expenses, VOBA and future servicing rights 999 199 276 83 – 1,557 | 15 | annual_report |
544 | 153 | Selected Financial Data Selected financial data for the past five years appears on page 29 in the Annual Report to the Stockholders for the year ended December 31, 1996, and is incorporated herein by reference. | 35 | 10K |
AegonNV-AR_2016 | 3,653 | Monoline insurers About EUR 413 million (2015: EUR 473 million) of the bonds in Aegon USA’s and Asia’s portfolios are insured by Monoline insurers. | 24 | annual_report |
5785 | 867 | The Company records intangible assets acquired in business combinations and certain costs incurred developing and customizing internal-use software within Other Assets on the Consolidated Balance Sheets. Definite life intangible assets are amortized over the estimated profit emergence period or estimated useful life of the asset. Indefinite life intangible assets are not amortized, but rather tested annually for impairment. In 2019 and 2018, the Company recognized amortization expense on definite life intangible assets of $37.8 million and $166.4 million, respectively. | 79 | 10K |
5766 | 1,376 | The Company invests in U.S. corporate bonds, foreign corporate bonds, and Structured Securities, issued by VIEs. The Company is not obligated to provide any financial or other support to these VIEs, other than the original investment. The Company’s involvement with these entities is limited to that of a passive investor. The Company has no unilateral right to appoint or remove the servicer, special servicer, or investment manager, which are generally viewed as having the power to direct the activities that most significantly impact the economic performance of the VIE, nor does the Company function in any of these roles. The Company does not have the obligation to absorb losses or the right to receive benefits from the entity that could potentially be significant to the entity; as a result, the Company has determined it is not the primary beneficiary, or consolidator, of the VIE. The Company’s maximum exposure to loss on these fixed maturity securities is limited to the amortized cost of these investments. See “- Fixed Maturity Securities AFS” for information on these securities. | 175 | 10K |
BaloiseHoldingLtd-AR_2015 | 619 | → www.baloise.com/rules-regulations Committees of the Board of Directors The Board of Directors has four committees, which support it in its activities� These committees report to the Board of Directors and submit the necessary proposals for their particular areas of responsibility� | 40 | annual_report |
SwissReAG-AR_2016 | 5,009 | Disclosure on management approach: We address human rights aspects relevant to our business through our Sustainability Risk Framework, our supply chain management and employee relations policies. The corresponding management approaches are disclosed in the chapters “Extending our risk intelligence”, “Reducing our environmental footprint” and “Engaging our people”, respectively. | 48 | annual_report |
Sampoplc-AR_2006 | 3,569 | Another goal for 2006 was to improve customer satisfaction and at the same time attain very strong insurance results. Our efforts with regard to customer satisfaction permeated the entire company, and comprised all customer communications, new concepts for claims prevention and extremely prompt claims assessment – half of If ’s more than one million claims per year are assessed within 24 hours. Our unique customer benefits – deductible accounts, the comprehensive customer concept If Plus and a number of security benefits – have now been introduced across Scandinavia. Gratifyingly, we reaped immediate returns in terms of private customer satisfaction in the EPSI/quality index, an external Nordic quality survey published in November. Efforts to improve customer satisfaction also extend to corporate customers. In this connection, our tool for electronic customer support, If Login, now has 460,000 customers in the Nordic region. In addition, a new security test was developed in Finland and is used by more than 10,000 corporate customers. The test will be introduced in Scandinavia during 2007. | 168 | annual_report |
5880 | 659 | As of December 31, 2020, we had $229.7 million in cash, cash equivalents and short-term investments. Most of the assets in our insurance subsidiary, American Pet Insurance Company (APIC), and our segregated cell business, Wyndham Insurance Company (SAC) Limited (WICL) Segregated Account AX, are subject to certain capital and dividend rules and regulations prescribed by jurisdictions in which they are authorized to operate. As of December 31, 2020, total assets and liabilities held outside of our insurance entities were $259.3 million and $29.4 million, respectively, including $6.7 million of cash and cash equivalents that were segregated from other operating funds and held in trust for the payment of veterinary invoices on behalf of our insurance subsidiaries. For further information, refer to "-Regulation". | 122 | 10K |
NatixisSA-AR_2013 | 2,337 | It consists of: V analysis by the bank of all of its risks, including those already covered by Pillar I; V calculation by the bank of the amount of economic capital it needs to cover these risks; V comparison by the banking supervisor of its own analysis of the bank’s risk profile with the analysis conducted by the bank, to inform its choice of prudential measures, which may take the form of capital requirements exceeding the minimum requirements or any other appropriate technique. | 83 | annual_report |
StandardLifeAberdeenPLC-AR_2016 | 2,628 | Investments in associates and joint ventures 18 5,425 - - 2 5,427 | 12 | annual_report |
3496 | 379 | In 2006, insurance agencies and accounts purchased in 2006 and 2005 accounted for $25.1 million of additional core commissions & fees in the Domestic Retail segment. The core commissions and fees impact from 2006 and 2005 dispositions in Domestic Retail was $9.2 million for 2006. Excluding the effect of acquisitions and dispositions, the change in core commissions and fees for Domestic Retail was 4.0%. This increase reflected new business production, partially offset by accelerated declines in commercial property and casualty premium rates. The 8.7% increase in Excess and Surplus core commissions and fees in 2006 can be attributed to new business production and rate increases on certain policy placements. The 35.6% increase in core commissions and fees for the International segment in 2006 is attributed to net new business production, primarily resulting from investments in new producer talent; increased reinsurance policy placements; and the effect of translating the British pound sterling to American dollars. The 6.5% decrease in core commissions and fees for the profit centers comprising All Other is attributed to lower premium rates for certain specialty program markets and reduced client retention rates for a subsequently divested business unit. | 191 | 10K |
BaloiseHoldingLtd-AR_2013 | 474 | RISK PROCESSES Group-wide risk management standards place the risk process on a mandatory footing� These rules stipulate methods, rules and limits that must be applied throughout the Baloise Group� These standards determine how the various risk issues are evaluated, managed and reported� A number of risk limits act as early-warning indicators to mitigate the risks taken� | 56 | annual_report |
5321 | 2,928 | The ultimate form and timing of the Separation will be influenced by a number of factors, including regulatory considerations and economic conditions. MetLife continues to evaluate and pursue structural alternatives for the proposed Separation. The Separation remains subject to certain conditions, including among others, obtaining final approval from the MetLife, Inc. Board of Directors, receipt of a favorable ruling from the IRS and an opinion from MetLife’s tax advisor regarding certain U.S. federal income tax matters, insurance and other regulatory approvals, and an SEC declaration of the effectiveness of the Form 10. | 92 | 10K |
StandardLifeAberdeenPLC-AR_2012 | 356 | The growth of AuM in equities has been offset by continued losses in fixed income and solutions such that equities now account for over 50% of the Group's AuM. Whilst the strong demand is clearly an endorsement of the integrity of the franchise built over the years, we are not prepared to compromise the quality of the portfolios by diversifying into stocks of lesser quality. We have therefore taken action to moderate inflows to GEM and global equities. To do otherwise would not be in the best interests of existing clients. We believe that there is continued scope for AuM growth from these products, but not as significant as we have seen in recent years. | 115 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_1999 | 563 | The normal market risks are important for the insurers and reinsurers in the Group, of course, such as the appearance of new competitors or the launching of new products. But of special significance are the underwriting risks, the risks in the investment sector and the currency risk. | 47 | annual_report |
ch_zurich_insurance_group-AR_2019 | 1,582 | In addition to any shares acquired in the market, the numbers also include vested shares, whether sales-restricted or not, received under the LTIP. The table does not however, include the share interests of the members of the ExCo that are currently unvested target shares or unvested restricted shares. All interests include shares held by related parties to members of the ExCo. | 61 | annual_report |
ch_zurich_insurance_group-AR_2013 | 2,320 | The decrease in the notional amount between December 31, 2012 and December 31, 2013 was mainly due to reductions in interest rate swaps to hedge a closed book of variable annuities products within the U.S. life business and a decrease in swaptions, to protect European life insurance books against falling interest rates. | 52 | annual_report |
SwissReAG-AR_2012 | 3,417 | Other changes are focused principally on banking institutions, but some could have direct applicability to insurance or reinsurance operations and others could have a general impact on the regulatory landscape for financial institutions, which might indirectly impact capital requirements and/or required reserve levels or have other direct or indirect effects on the Group. Changes are particularly likely to impact financial institutions designated as “systemically important,” a designation which is expected to result in enhanced regulatory supervision and heightened capital, liquidity and diversification requirements under evolving reforms. There is an emerging focus on classifying certain insurance companies as systemically important as well. The Group could be designated as a global systemically important financial institution. Separately, the International Association of Insurance Supervisors, an international body that represents insurance regulators and supervisors, undertook a consultation on a methodology for identifying global systemically important insurers and on a framework for supervision of internationally active insurance groups. The Group could be subject to one or both of the resulting regimes as well, once implemented. Designations as any of the foregoing systemically important institutions could occur as early as April 2013. | 185 | annual_report |
2556 | 874 | The Company monitors the financial strength of its reinsurers including their claims paying ability rating and does not currently anticipate any collection problems. Generally, reinsurance recoverables on primary loss reserves and prepaid reinsurance premiums are backed by trust funds or letters of credit. No reinsurer represents more than $10 million of the aggregate amount recoverable. | 55 | 10K |
DirectLineInsuranceGroupPLC-AR_2015 | 2,716 | Year end balances arising from sales and purchases of products and services to and from related parties Amounts owed by related parties Amounts owed to related parties £m £m 2014 £m | 31 | annual_report |
2169 | 1,134 | The agency valuation is sensitive to future growth in sales of insurance policies, the persistency of the renewal commission stream and expense saving initiatives that we have implemented. We utilized a 15% discount rate in the goodwill analysis. We assume that our agencies are capable of future growth from both the sale of our products and from the sale of other carriers’ products. | 63 | 10K |
gb_prudential-AR_2016 | 4,547 | (iii) UK insurance operations From 1 January 2016, UK insurance operations are subject to Solvency II capital requirements on an individual basis. The UK solvency capital requirement has been met during 2016. | 32 | annual_report |
2721 | 998 | In addition, we committed to invest $5.0 million in the aggregate, in two commercial mortgage loan trusts in 2005. These investments are classified as mortgage loans as they represent investments where return is based solely on the mortgage loans and there are no other assets of the trusts. At December 31, 2005, we had outstanding unfunded commitments totaling $2.0 million related to these commercial mortgage loan trusts. | 67 | 10K |
ch_zurich_insurance_group-AR_2016 | 1,953 | Significant controls are assessed for their design and operating effectiveness. Significant control issues or issues affecting more than one business unit may be categorized as having Group-level significance. The Risk and Investment Committee of the Board and the Audit Committee of the Board monitor resolution of such issues. | 48 | annual_report |
NatwestGroupPLC-AR_2005 | 831 | As a consequence, we planned to refocus our strategy to grow our sales of deposit and bancassurance products faster than the market, to exploit our potential for building profitable market share in the mortgage market and to concentrate more on the development of our branch franchise, building on our strong service proposition. During 2005 this transition has gathered momentum and we have achieved good progress in our strategies. | 68 | annual_report |
4544 | 6,665 | The Company's broker-dealer and investment advisor subsidiary is involved in a business that involves a substantial risk of liability. Legal and other proceedings involving financial services firms, including the Company's subsidiary, continue to have a significant impact on the industry. Significant matters over the last few years have included registered representative activity and certain types of securities products (particularly private placements and real estate investment products). | 66 | 10K |
4597 | 571 | As of December 31, 2012, we were in compliance with both the debt coverage ratio and the subordination ratio as required under our related financing agreements for Renewable Secured Debentures and Series I subsidiary secured notes. | 36 | 10K |
5028 | 1,384 | Specialty Industries-Year ended December 31, 2013 versus year ended December 31, 2012 | 12 | 10K |
gb_prudential-AR_2006 | 4,281 | (iv) Other UK life assurance subsidiaries and funds The increase in available capital in 2006 from changes in regulatory requirements of £80 million is primarily due to regulatory changes for UK regulated shareholder-backed non-participating business from the FSA’s policy statement PS06/14 confirmed in December 2006. The changes allow liabilities for this business to incorporate more economic realism. Additional details are shown in note D2. | 64 | annual_report |
5570 | 870 | The Company expenses advertising costs as they are incurred. Advertising expense for the years ended December 31, 2018 and 2017 was $521 thousand and $270 thousand. | 26 | 10K |
3648 | 2,058 | Since mid-September 2008, the global financial markets have experienced unprecedented disruption, adversely affecting the business environment in general, as well as financial services companies in particular. The U.S. Government, as well as governments in many foreign markets in which the Company operates, have responded to address market imbalances and taken meaningful steps intended to eventually restore market confidence. Continuing adverse financial market conditions could significantly affect the Company’s ability to meet liquidity needs and obtain capital. | 76 | 10K |
gb_prudential-AR_2016 | 441 | We continue to focus on meeting these customers’ needs through: — Extending our product range and servicing capability to help customers take full advantage of the flexibility introduced to the retirement saving marketplace through pension freedoms; — Extending availability of our investment and retirement solutions by maintaining strong relationships with financial adviser intermediaries, accelerating the growth of our Prudential Financial Planning advisory business and through investing in our direct-to-consumer channels, including telephone and online services; — Enhancing access to our market-leading PruFund proposition across a range of investment and tax wrappers; and | 92 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2005 | 1,242 | – Owing to the deconsolidation of the Karlsruher Insurance Group, retained earnings decreased by €76m and the other reserves fell by €34m. We realised gains by exchanging our hvb stake (which we valued at equity for the last time in the quarterly financial statements as at 30 September 2005) into UniCredit shares. This transaction led to a realisation of valuation reserves previously not recognised in the balance sheet. | 68 | annual_report |
HannoverRueckSE-AR_2011 | 844 | Although the market for longevity swaps is still in its infancy in many countries, we have already received enquiries from clients in Germany, Norway and Denmark as well as Latin | 30 | annual_report |
5549 | 1,131 | We have a $200 million non-recourse construction loan to fund the expansion of our corporate headquarters. The loan bears interest based on the one month LIBOR plus 2.70% and matures in April 2021 with an optional one-year extension. The agreement contains financial and non-financial covenants aligning with our revolving credit agreement. We have guaranteed completion of the construction project associated with the loan. As of December 31, 2018, we had $63 million of borrowings outstanding under the loan. | 78 | 10K |
fr_axa-AR_2016 | 1,026 | (a) EMEA-LATAM Region includes Portugal, Greece, Turkey, Morocco, Mexico, Colombia, Poland, Czech Republic, Slovak Republic and Luxembourg. | 17 | annual_report |
SwissLifeHoldingAG-AR_2020 | 2,792 | Deposits released for payments on death, surrender and other terminations during the year –261 –233 | 15 | annual_report |
5165 | 616 | Ceded premium and ceded losses and loss adjustment expenses are as follows: | 12 | 10K |
NatwestGroupPLC-AR_2005 | 1,951 | All convertible preference shares have a dilutive effect in the current year and as such have been included in the computation of diluted earnings per share. In 2004, $1,500 million of convertible preference shares was not included in the computation of diluted earnings per share as their effect was anti-dilutive. | 50 | annual_report |
RSAInsuranceGroupPLC-AR_2010 | 798 | Every country is required to confirm quarterly that they comply with our CR, environment, charity and human rights policies. Compliance with the policy framework is reviewed by the Group Executive Committee and | 32 | annual_report |
5659 | 827 | We use the paid loss development method (chain-ladder method) to estimate reserves for veterinary invoices for our subscription and for the majority of our other business segment. Paid loss development factors are estimated based on historical paid loss triangles. The reserve represents our estimate of the future amount we will pay for veterinary invoices that are dated as of, or prior to, our balance sheet date. The reserve also includes our estimate of related internal processing costs. To determine the accrual, we make assumptions based on our historical experience, including the number of veterinary invoices we expect to receive, the average cost of those veterinary invoices, the length of time between the date of the veterinary invoice and the date we receive it, and our expected cost to process and administer the payments. As of each balance sheet date, we reevaluate our reserve and may adjust the estimate for new information. | 151 | 10K |
NatwestGroupPLC-AR_2006 | 1,806 | – Other services pursuant to legislation (1) 5.9 3.3 – Other services relating to taxation 0.2 0.2 – Services relating to corporate finance transactions, including securitisations, entered into by the Group 2.4 4.9 – All other services (2) 2.6 6.0 | 40 | annual_report |
TrygAS-AR_2019 | 455 | The Supervisory Board decided to arrange a Board education day on relevant matters. | 13 | annual_report |
4265 | 5,018 | As of December 31, 2010 and 2009, $223 million and $224 million of our unrecognized tax benefits presented below, if recognized, would have impacted our income tax expense and our effective tax rate. We anticipate a change to our unrecognized tax benefits during 2011 in the range of zero to $134 million. A reconciliation of the unrecognized tax benefits (in millions) was as follows: | 64 | 10K |
ScorSE-AR_2010 | 543 | the "new" SCOR, one of the 5 largest multi-line reinsurance companies, on the basis of two business engines: Life and Non-Life. For more information on this acquisition, see Sections 5.2.1.1 – Public offer upon the Converium shares. | 37 | annual_report |
SwissReAG-AR_2010 | 716 | The accident combined ratio increased modestly to 114.2% in 2010 from 113.6% in 2009. | 14 | annual_report |
5417 | 636 | Combined ratios of 99.9% and 108.5% for the active underwriting operations within our Atrium and StarStone segments, respectively. Excluding the impact of hurricanes Harvey, Irma and Maria during 2017, the combined ratios were 86.7% and 96.7% for Atrium and StarStone, respectively (refer to "Underwriting Ratios" above) | 46 | 10K |
5828 | 481 | For equity method investments, the carrying value of these investments is written down or impaired to fair value when a decline in value is considered to be other-than-temporary. For additional information regarding our OTTI policies, see Note 2 to the Consolidated Financial Statements. | 43 | 10K |
5866 | 3,100 | 2019, plaintiffs filed a memorandum in opposition to our motion to dismiss, which we replied to on June 14, 2019. On August 7, 2019, plaintiffs filed a motion seeking to prevent proceeds that GFIH expected to receive from the then planned sale of its shares in Genworth Canada from being transferred out of GFIH. On September 11, 2019, plaintiffs filed a renewed motion seeking the same relief from their August 7, 2019 motion with an exception that allowed GFIH to transfer $450 million of expected proceeds from the sale of Genworth Canada through a dividend to Genworth Holdings to allow the pay-off | 102 | 10K |
BeazleyPLC-AR_2015 | 2,078 | Life, accident & health Most underwriting years have remained stable or have improved, with the exception of to 2014 which strengthened marginally following worse than anticipated experience on personal accident and income protection books. | 34 | annual_report |
fr_axa-AR_2003 | 1,359 | Management entered into an asset management joint venture agreement. The activities of National Mutual Funds Management that were not part of the joint venture agreement are closely aligned to those reported in the Australia / New Zealand life operations of the Life & Savings Segment, and hence reclassification to this segment was made effective January 1, 2002. Due to the immaterial impact on the AXA Group accounts, prior period results have not been restated to reflect this change in classification. | 80 | annual_report |
fr_axa-AR_2013 | 7,811 | Michel Laforce – Xavier Crépon Philippe Castagnac – Gilles Magnan *This document is the English translation of the original legal statutory audit report which is, by law, prepared in French. | 30 | annual_report |
4500 | 3,472 | first relates to those VIEs that have the characteristics of an investment company and for which certain other conditions are true. These conditions are that (1) the Company does not have the implicit or explicit obligation to fund losses of the VIE and (2) the VIE is not a securitization entity, asset-backed financing entity or an entity that was formerly considered a qualified special-purpose entity. In this model the Company is the primary beneficiary if it stands to absorb a majority of the VIE’s expected losses or to receive a majority of the VIE’s expected residual returns and would be required to consolidate the VIE. | 105 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009 | 1,408 | in general, our insurance and reinsurance business continuously generates significant liquidity, as premium income is usually received some time before claims and other benefits are paid to our clients. | 29 | annual_report |
NatixisSA-AR_2007 | 2,990 | As of the last quarter of 2007, Collection, transportation and treatment of by an approved | 15 | annual_report |
2573 | 1,306 | Muhl vs. Vesta is a case in the Supreme Court of the State of New York, County of New York, brought by the Liquidator of Midland Insurance Company (“Midland”), claiming recoveries under two alleged retrocession agreements (Pool I and Pool III) between Midland and Interstate Fire Insurance Company, Vesta’s predecessor in interest. The plaintiff is seeking approximately $22.0 million in damages comprised of approximately $16.0 million of claims and approximately $6.0 million of interest on paid claims. During the third quarter of 2004, the court ruled that the case would be bifurcated with separate trials on Pool I and Pool III. The trial on the issue of the existence, terms and conditions of Pool III commenced on November 1, 2004. On November 8, 2004 a verdict was reached in favor of the plaintiff that Pool III does exist. At the request of the plaintiff, we agreed to enter mediation to attempt to resolve the issues of breach of contract and damages. | 161 | 10K |
HannoverRueckSE-AR_2009 | 332 | We quite deliberately did not seek to extend our market share in 2009, since we still do not consider business to be sufficiently attractive in certain segments. We nevertheless continue to form part of the small group of reinsurers that are preferentially approached for placement and pricing on account of their rating and market standing. | 55 | annual_report |
INGGroepNV-AR_2014 | 3,250 | Net result from disposal of discontinued operations (1) –1,572 17 752 | 11 | annual_report |
3603 | 332 | The table above includes 10 securities with a fair value totaling $48.6 million and an unrealized loss of $1.8 million that have not yet received an NAIC rating, for which we have assigned a comparable internal rating. Due to lags between the funding of an investment, execution of final legal documents, filing with the Securities Valuation Office ("SVO") of the NAIC, and rating by the SVO, we generally have a small number of securities that have a pending rating. | 79 | 10K |
5170 | 1,210 | On February 7, 2013, we completed the acquisition of SeaBright Holdings Inc. ("SeaBright"). SeaBright owns SeaBright Insurance Company, an Illinois-domiciled insurer that is commercially domiciled in California, which wrote direct workers’ compensation business. The aggregate cash purchase price paid by us for all equity securities of SeaBright was approximately $252.1 million, which was funded in part with $111.0 million borrowed under a four-year term loan facility which we have since repaid. | 71 | 10K |
3407 | 789 | We enter into obligations to third parties in the ordinary course of our operations. These obligations, as of December 31, 2007, are set forth in the table below. However, we do not believe that our cash flow requirements | 38 | 10K |
4334 | 1,946 | Total investment income is generated as a result of the ongoing management of the Company’s investment portfolios. For the year ended December 31, 2011, total investment income increased compared to the same period of 2010 primarily due to an increase in total net realized gains, partially offset by decreases in net investment income. For the year ended December 31, 2010, total investment income increased compared to the same period of 2009 primarily due to a reduction in total net realized losses, partially offset by decreases in net investment income. | 89 | 10K |
LloydsBankingGroupPLC-AR_2013 | 6,707 | – Credit derivatives which are valued using standard models with observable inputs, except for the items classified as level 3, which are valued using publicly available yield and credit default swap (CDS) curves. | 33 | annual_report |
AdmiralGroupPLC-AR_2019 | 3,039 | International Insurance £m Comparison £m Other £m Eliminations*2 £m Total £m | 11 | annual_report |
LloydsBankingGroupPLC-AR_2013 | 524 | 2013 highlights Returned to profitability with underlying profit of £1,575 million driven by reduction in impairments, increased core income, partially offset by lower non-core income from our capital accretive asset reduction strategy. | 32 | annual_report |
gb_prudential-AR_2015 | 1,248 | We have strategies in place to reduce energy, waste generated, water consumption and paper use. In the past year, Prudential sourced 27 per cent of electricity from renewable or non-fossil fuel sources. | 32 | annual_report |
5952 | 675 | Other operating expenses in 2020 also include a $6.2 million increase in estimates of expected credit losses on commercial mortgage loans, reinsurance recoverables and premium balances receivable at our reinsurance and insurance segments. This increase was based on current conditions and reasonable and supportable forecasts as of December 31, 2020, which include the impact of the Pandemic, as discussed above. See Note 1(r), 4(j) and 5(b) to Notes to Consolidated Financial Statements set forth in Part II, Item 8, “Financial Statements and Supplementary Data” of this Form 10-K for additional detail on credit losses for these assets. | 97 | 10K |
HannoverRueckSE-AR_2000 | 362 | Certain premium components in life and health reinsurance (e.g. savings elements under unit-linked life insurance policies) are not reported as premium under US GAAP. In order to reflect our business development as realistically as possible, the premium income shown below always includes such "premium deposits". Defined in these terms, our consolidated gross premium income grew to EUR 2,494 million. Nominally, this constitutes an increase of 12% compared to the previous year's figure of EUR 2,220 million. However, this latter amount includes a special transaction in Australia with a single premium of approximately EUR 200 million. Once this aspect is factored out, the actual growth amounted | 105 | annual_report |
3087 | 798 | We are required to group assets in our investment portfolio into one of three categories: held to maturity, available for sale or trading securities. Fixed-maturity securities for which we have the positive intent and ability to hold to maturity are classified as held to maturity and reported at amortized cost. Investments classified as available for sale are reported at fair value, with unrealized gains and losses (net of tax) reported as a separate component of stockholders’ equity as accumulated other comprehensive income. Investments classified as trading securities are reported at fair value, with unrealized gains and losses (net of tax) reported as a separate component of income. During 2006, we began classifying certain new security purchases as trading securities. | 119 | 10K |
TopdanmarkAS-AR_2014 | 257 | On 1 January 2014 a new executive order on solvency took effect. This new order is based on all Danish insurance companies using the same rules when calculating their solvency, while the method was optional up to and including 2013. The rules of the new executive order are close to the future Solvency II rules. | 55 | annual_report |
3815 | 2,632 | Net income decreased for the year ended December 31, 2008 as a result of the 2008 Unlock versus the 2007 Unlock along with increased realized capital losses from the adoption of SFAS 157, which resulted in a net realized capital loss of $34 during the first quarter of 2008, the impact of the 3 Win trigger, impairment charges, increases in insurance operating costs and other expenses, partially offset by an increase in fee income. For further discussion on the Unlock and 3 Win trigger, see Unlock and Sensitivity Analysis in the Critical Accounting Estimates section of the MD&A. For further discussion of the SFAS 157 transition impact, see Note 4 of the Notes to the Consolidated Financial Statements. For further discussion of realized capital losses, see Realized Capital Gains and losses by Segment table under Life’s Operating Section of the MD&A. The following other factors contributed to the changes in net income: | 152 | 10K |
4279 | 1,185 | In addition to limitations and restrictions imposed by U.S. insurance regulators, Japan’s FSA may not allow profit repatriations from Aflac Japan if the transfers would cause Aflac Japan to lack sufficient financial strength for the protection of policyholders. The FSA maintains its own solvency standard. As of December 31, 2010, Aflac Japan’s solvency margin ratio was 897.5%, which significantly exceeded regulatory minimums. See the Japanese Regulatory Environment subsection of this MD&A for a discussion of upcoming changes to the calculation of the solvency margin ratio. | 85 | 10K |
SwissReAG-AR_2020 | 3,749 | Retrocession to external parties –738 –1 412 –378 –451 –2 979 | 11 | annual_report |
NatwestGroupPLC-AR_2006 | 2,334 | Earned Claims Loss Earned Loss Earned Loss premiums incurred ratio premiums ratio premiums ratio | 14 | annual_report |
5860 | 903 | liabilities of the discontinued operations are only included in total assets, total liabilities and total stockholder’s equity. The selected consolidated financial data should be read together with “Management’s Discussion and Analysis of | 32 | 10K |
fr_axa-AR_2018 | 6,509 | The Group has signed several NGO partnerships: ■ C40: in October 2018 AXA partnered with C40 to produce a public report on how cities’ understanding of infrastructure interdependencies informs their climate adaptation planning. The aim of the report is to help cities better manage climate risk; ■ UN Habitat: our 2016-2019 partnership with the UN agency for human settlements and sustainable urban development focuses on supporting housing reconstruction aft er disasters and implementing technical assistance at scale, to help communities to “build back better”, and to reduce fatalities and limit economic losses as a result of disasters. These (re) building guidelines will be published by Q2 2019; ■ UNISDR: AXA partnered (2015-2018) with the UN Office for Disaster Risk Reduction to support the “Private Sector Commitment for Disaster Risk Reduction”. These principles cover 5 key areas around the role that the private sector can take to further encourage Disaster Prevention, Resilience and Risk Reduction; ■ CARE: AXA’s partnership (launched in 2009) with CARE International (major international humanitarian agency delivering emergency relief and long-term international development projects) to work on both disaster risk reduction and climate change adaptation (notably better mapping climate refugee dynamics). | 193 | annual_report |
NatixisSA-AR_2005 | 2,467 | At December 31, 2005, the fair value of held-to-maturity financial assets, calculated in accordance with the methods set out in note V, amounted to €7,930 million. | 26 | annual_report |
318 | 191 | The Company's net income was $371,000 for the year ended December 31, 1995, versus $894,000 in 1994. Net income per share was $0.11 for 1995 versus $0.26 in 1994. Income before preferred securities accretion, discontinued operation, and extraordinary loss was $11,701,000 for 1995 versus $3,599,000 in 1994, due principally to favorable adjustments relating to prior year income effects totaling $13.7 million, consisting of favorable workers' compensation reserve development, adjustments to policyholder dividend reserves, and tax benefits resulting from an IRS settlement. Net income for both 1995 and 1994 was impacted by extraordinary items, including a $9,842,000 net of tax charge to discontinued operations in the second quarter of 1995, and $2,022,000 net of tax charge associated with the retirement of the Company's debt incurred in 1992, effective June 30, 1994. | 130 | 10K |
NatixisSA-AR_2014 | 3,907 | The Payments business enjoyed robust momentum in 2014, particularly in Electronic Banking. The number of cards manufactured and clearing transactions rose by 10% and 4%, respectively. The Transactions and Checks business was more contrasted, with national check processing down 17% and mass transactions remaining stable. | 45 | annual_report |
gb_prudential-AR_2016 | 1,961 | 7 Tony Wilkey’s benefits include costs of £260,917 for housing and a £413,663 Executive Director Location Allowance. The LTIP releases relate to his previous role, prior to his service as an Executive Director. | 33 | annual_report |
HiscoxLtd-AR_2009 | 1,300 | Other principal actuarial assumptions are as follows: Discount rate 5.70 6.70 Expected return on scheme assets 6.50 6.90 Inflation assumption 3.90 3.00 Pension increases 3.90 3.00 | 26 | annual_report |
AssicurazioniGeneraliSpA-AR_2018 | 2,460 | With regard to Art. 18 of the Procedures on transactions with related parties approved by the Board of Directors in 2018, it should be noted that, beyond the aforementioned operations (i), no transactions of major significance have been completed in the period of reference (ii) no Transactions with related parties that have had a significant impact on the financial position or results of the Group have been completed (iii) there are no changes or developments of the Transactions described in the previous annual report that have had a significant effect on the situation balance sheet or results of the Company. | 100 | annual_report |
NatixisSA-AR_2002 | 2,930 | personnel versus 829 in 2001 70 capital markets personnel incorporated from CNCEP | 12 | annual_report |
fr_axa-AR_2002 | 3,451 | a) French subsidiaries (total) 78 b) Foreign subsidiaries (total) 301 2) Participating interest not set out in paragraph A | 19 | annual_report |
NatwestGroupPLC-AR_2010 | 2,092 | The table below details residential mortgages which are three months or more in arrears (by volume). 2010 2009 2008 | 19 | annual_report |
SwissLifeHoldingAG-AR_2010 | 2,376 | The following table summarises the carrying amounts and fair values of those financial assets and liabilities not presented in the Group’s balance sheet at fair value: In CHF million Carrying amount Fair value | 33 | annual_report |
SwissReAG-AR_2017 | 1,596 | Professional experience C. Robert Henrikson was Chairman and Chief Executive Officer of MetLife, Inc. from 2006 to 2011. Before, he held senior positions in MetLife’s individual, group and pension businesses and became Chief Operating Officer of the company in 2004. C. Robert Henrikson is a former Chairman of the American Council of Life Insurers and of the Financial Services Forum, Director Emeritus of the American Benefits Council and a former member of the U.S. President’s Export Council. | 77 | annual_report |
3860 | 2,826 | The amortized cost and estimated market value of debt securities at December 31, 2008, by contractual maturity, is shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. | 45 | 10K |
5056 | 2,100 | The 2015 net expense reduction was due primarily to the impact of changes in assumptions to reflect higher than previously projected net interest spreads as well as the impact of higher assets under management and expense discipline. Reinvestment rates used to project future investment yields are based primarily on 7-year and 10-year corporate bond yields. For the 2015 unlocking, AFG assumed a net reinvestment rate (net of default and expense assumptions) of 3.87% in 2016, grading up ratably to an ultimate net reinvestment rate of 5.53% in 2022 and beyond. | 90 | 10K |
StandardLifeAberdeenPLC-AR_2013 | 1,310 | Bonus awards–deferred shares These awards are the deferred share elements of the 2009, 2010 and 2011 bonus awards. The value of the bonus deferred into share awards is reported within the annual bonus figures shown in the Directors’ remuneration for the year for which the bonus is payable. | 48 | annual_report |
2526 | 1,161 | o The inflow of new cash for the twelve-month period ending December 31, 2003 was invested at rates that were below the portfolio rate. In addition, maturing assets were rolling over into new investments at rates less favorable than those available in 2002. These two factors account for the majority of the remaining decline in portfolio rates. | 57 | 10K |
3379 | 1,266 | The recognition of unpaid losses and loss expenses recoverable requires two key judgments. The first judgment involves the Company’s estimation of the amount of gross IBNR to be ceded to reinsurers. Ceded IBNR is generally developed as part of the Company’s loss reserving process and consequently, its estimation is subject to similar risks and uncertainties as the estimation of gross IBNR (see “Critical Accounting Policies and Estimates - Unpaid losses and loss expenses and unpaid loss and loss expense recoverable”). The second judgment involves the Company’s estimate of the amount of the reinsurance recoverable balance that the Company will ultimately be unable to recover from related reinsurers due to insolvency, contractual dispute, or for other reasons. Amounts estimated to be uncollectible are reflected in a bad debt provision that reduces the reinsurance recoverable balance and shareholders’ equity. Changes in the bad debt provision are reflected in net income. See “Financial Condition and Liquidity” and Item 8, Note 11 to the Consolidated Financial Statements, “Reinsurance”, for further information. | 167 | 10K |
2175 | 887 | The expense ratio increased to 38.6% for 2002 from 10.6% for 2001. The expense ratio contains the $44.0 million reserve for uncollectible reinsurance, which caused the expense ratio to increase by 27.0 percentage points. | 34 | 10K |
INGGroepNV-AR_2010 | 3,417 | Main developments in 2010 • Cybercrime – Based on a High-Tech Crime Prevention assessment a number of potential risks has been identified. Secure Code Review was found as an area of concern and during 2010 a dedicated taskforce has taken action across ING Group. After remediation of the identified gaps, dynamic code scan and review (in order to detect vulnerabilities in websites) has been implemented. | 65 | annual_report |
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