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NatixisSA-AR_2016
1,416
Permanent Representative of a Métropole Télévision (2) Chairman of M6 Toulouse SAS (2) (until 01.01.2014)
15
annual_report
5583
1,308
Financing. The Company maintains a credit agreement with JPMorgan Chase Bank, N.A. in its capacity as administrative agent and the lenders party thereto. The credit agreement is comprised of a $700.0 million revolving credit facility. Unless terminated earlier, the revolving loan commitments under the credit agreement ...
104
10K
PosteItalianeSpA-AR_2018
3,085
Reclassifications (IFRS 15)* Adjustments (IFRS 9 and 15)** Balance at 1 January 2018
13
annual_report
391
144
References to "fiscal" in this discussion pertain to the Partnership's fiscal years that begin January 1 and end December 31. References to "Footnotes" pertain to footnotes to the Consolidated Financial Statements.
31
10K
4958
403
Services other than title insurance provided by operating divisions of the Company that are not required to be reported separately are reported in a category called “All Other.” These other services include those offered by the Company and by its wholly owned subsidiaries, Investors Title Exchange Corporation (“ITEC”),...
70
10K
Sampoplc-AR_2011
543
As a consequence Mandatum Life can continue to invest into new product solutions for the bank channel. First results were launched already during the autumn 2011.
26
annual_report
2336
1,349
At December 31, 2003, our prepaid benefit cost for the qualified and supplemental pension plans combined was $53.5 million compared to $45.2 million at December 31, 2002. The prepaid benefits cost represents the end of period excess of the fair value of plan assets over the benefit obligation plus or minus amounts not ...
117
10K
2604
1,151
As discussed in Note 1 to the financial statements, the Company changed the accounting principle for goodwill and other intangible assets effective January 1, 2002 and changed the accounting principle for certain non-traditional long duration contracts and for separate accounts effective January 1, 2004.
44
10K
2539
890
We have audited the accompanying consolidated balance sheets of Coventry Health Care, Inc. and subsidiaries as of December 31, 2004 and 2003, and the related consolidated statements of operations, shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2004. Our audits also inc...
87
10K
4228
1,915
A one percent increase or decrease in the assumed health care cost trend rate at December 31, 2010 would have increased (decreased) the service cost and interest cost by $0.3 million and $(0.2) million, respectively, and the postretirement benefit obligation by $3.4 million and $(2.7) million, respectively.
47
10K
fr_axa-AR_2001
3,175
The decrease in foreign currency exposure to €11 million in 2001 was primarily due to a lower level of net income of €520 million for the year ended December 31, 2001 as compared to €3,904 million in 2000. The 2000 earnings included U.S. dollar exceptional operations, being a realized gain of €2,004 million associated ...
74
annual_report
4754
777
In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which th...
105
10K
5229
1,459
(d) less than or equal to 70% of its ACLRBC (the “Mandatory Control Level”), the regulatory authority must place the company under its control.
24
10K
gb_prudential-AR_2006
1,270
A key aspect of Solvency II is the focus on risks and, for example, capital requirements will be calibrated to a one year Value at
25
annual_report
NatixisSA-AR_2016
10,016
by the Supervisory Board of the employee mutual fund(s). The Meeting from among the candidates designated for this purpose
19
annual_report
RSAInsuranceGroupPLC-AR_2008
1,468
7. Dividends Full details of the dividends paid and proposed by the Company are set out in note 7 to the consolidated financial statements.
24
annual_report
GjensidigeForsikringASA-AR_2015
2,751
Gjensidige Forsikring, Danish branch Currency-related contracts - hedging instruments 0.0 0.0 0.0 Hedging object 0.0
15
annual_report
1597
4,315
Excludes sales of unconsolidated real estate joint venture interests. Real estate joint venture interests are reported in Other Invested Assets. Gains from the sales of such interests in 2000, 1999 and 1998 were $0.0 million, $0.0 million and $19.6 million, respectively. See Note 4 to the Consolidated Financial S...
49
10K
1480
366
CURRENT DEFERRED TOTAL ------- -------- ----- Year ended December 31, 1998 U.S. Federal and State.............. $ 1,324 $ (753) $ 571 Foreign (U.K.)...................... 3,219 -- 3,219 ------- --------- ------- $ 4,543 $ (753) $ 3,790 ======= ========= ======= Year ended December 31, 1999 U.S. Federal and State..........
96
10K
3609
993
Reserves for losses and loss expenses were comprised of the following at December 31, 2006:
15
10K
AdmiralGroupPLC-AR_2019
669
The Board reviewed and amended the Group’s purpose statement in 2019, to include ‘...whilst building a sustainable business for the long term.’ This reflects a commitment that the Company’s operations will consider the impact on the community and the environment, both now and into the future.
46
annual_report
1826
677
The entire investment portfolio was classified as available-for-sale and was reflected at estimated fair value with unrealized gains and losses recorded as a separate component of stockholders' equity, net of related deferred income taxes. The premium and discount on fixed maturities and collateralized mortgage obligat...
97
10K
1005
730
The Company has foreign currency risk on both reinsurance balances receivable and reinsurance balances payable, including claims and claims expenses. The Company does not currently utilize derivative instruments to manage the Company's exposure to foreign currency movements. At December 31, 1998, the majority of the Co...
166
10K
gb_prudential-AR_2007
3,813
For PSPS the surplus or deficit at the reporting date is allocated between the PAC with-profits fund and shareholder-backed operations by reference to the activities of the members of the scheme during their period of service. At 31 December 2005, the deficit of PSPS was apportioned in the ratio 70/30 between the with-...
117
annual_report
AdmiralGroupPLC-AR_2011
998
Net insurance premium revenue 269.4 18.7 – – – 288.1 Other revenue and profit commission 249.0 6.7 75.7 11.8 – 343.2 Investment and interest income 8.3 0.1 – – – 8.4
31
annual_report
TrygAS-AR_2020
1,551
Paid in the financial year in respect of the current year -8,691 199 -8,492
14
annual_report
LloydsBankingGroupPLC-AR_2005
322
In International Banking, profit before tax increased by £13 million, or 11 per cent, to £133 million. This reflects a reduction in costs and lower impairment provisions which offset a £12 million, or 3 per cent, reduction in income as a result of lower earnings on retained capital following the repatriation of offshor...
57
annual_report
2251
1,774
(1) VOBA related to Maritime Life's acquisition of Liberty Health. (2) VOBA related to Maritime Life is subject to fluctuations in the value of the Canadian Dollar relative to the US Dollar. (3) An adjustment of $4.2 million was made to previously recorded VOBA relating to Allmerica, to reflect refinements in methods a...
59
10K
CNPAssurancesSA-AR_2005
348
We pay close attention to successfully integrating school-leavers and graduates who join our Group. For several years, we have been taking on around fifty young people a year – mainly studying for their baccalauréat or a 2-year higher education diploma – under work-study schemes, assigning them a speciallytrained mento...
59
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2015
779
Global Clients and North America 39% (40%) Special and Financial Risks 22% (18%) Germany, Asia Pacific and Africa 20% (21%) Europe and Latin America 19% (21%)
26
annual_report
5091
1,910
In addition to these methodologies, our actuaries may use other approaches depending upon the characteristics of the class of business and available data.
23
10K
2223
485
The Company is a defendant or co-defendant in various litigation matters in the normal course of business. These include civil actions, arbitration proceedings and other matters arising in the normal course of business out of activities as an insurance company, a broker and dealer in securities or otherwise. In the opi...
83
10K
2293
1,714
Defined benefit pension plan obligations where the accumulated benefit obligation was in excess of the related plan assets at December 31, 2003 and 2002 were as follows:
27
10K
AvivaPLC-AR_2009
3,754
The Group operates internationally and as a result is exposed to foreign currency exchange risk arising from fluctuations in exchange rates of various currencies. Approximately half of the Group’s premium income arises in currencies other than sterling and the Group’s net assets are denominated in a variety of currenci...
88
annual_report
de_allianz-AR_2003
844
On the other hand, many other East European economies which are exporting to the West, felt the full impact of virtual stagnation in the European Union and registered only moderate growth. Latin America, which is still coping with internal problems and suffered from the political crisis in Venezuela, rebounded after th...
61
annual_report
AegonNV-AR_2001
1,021
Capital Trust Pass-through Securities (TRUPS) are securities through which the holders participate in a trust. The assets of these trusts consist of junior subordinated deferrable interest debentures of Transamerica Corp. The trusts have been included in the consolidated financial statements. The TRUPS carry certain pr...
85
annual_report
NatwestGroupPLC-AR_2016
7,481
FX business within its NatWest Markets segment. The timing and amount of financial penalties with respect to any further settlements and related litigation risks and collateral consequences remain uncertain and may well be material.
34
annual_report
5459
1,063
In accordance with ASU 2015-07, a fair value hierarchy table is not included here since all of the Plan's investments are measured at fair value using the net asset value per share (or its equivalent) practical expedient, which are not classified in the fair value hierarchy. Presented below are the fair values of asset...
62
10K
RaiffeisenBankInternationalAG-AR_2019
1,451
Non-trading financial assets - mandatorily fair value through profit/loss [16, 32] (206,117) (366,265)
13
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2017
1,857
Outflows of liquidity occur annually in the amount of the interest payments until the notes mature. These totalled US$ 25m (25m) in the financial year. The fair value at the reporting date amounts to €354m (410m).
36
annual_report
StandardLifeAberdeenPLC-AR_2020
729
• Engagement supported the development of the key client management process, and our client solutions and ESG approaches
18
annual_report
5869
683
Several primary drivers of volatility in net income or loss are not necessarily indicative of credit impairment or improvement, or ultimate economic gains or losses such as: changes in credit spreads of insured credit derivative obligations, changes in fair value of assets and liabilities of VIEs and CCS, changes in fa...
72
10K
StandardLifeAberdeenPLC-AR_2016
1,280
 Three drafts of the Annual report and accounts 2016 were reviewed by the Audit Committee at three meetings. The Committee complemented its knowledge with that of executive management and the Internal and External auditors. An interactive process allowed each draft to embrace contributions.
44
annual_report
4607
1,672
The following table provides a rollforward of the cumulative amount of credit related OTTI for securities still held showing the amounts that have been included in earnings on a pretax basis for the years ended 2012 and 2011 (none of such OTTI was included within the Reciprocal Exchanges):
48
10K
4337
959
(2) Amounts excluding foreign currency changes on dollar-denominated items were determined using the same yen/dollar exchange rate for the current year as each respective prior year.
26
10K
HelvetiaHoldingAG-AR_2016
2,487
1 measured by the cretit risk exposure shown in the tables “Credit quality of debt instruments” and “Credit risk from ceded reinsurance”
22
annual_report
SwissReAG-AR_2007
1,504
Foreign exchange –1 796 –2 567 Effect of acquisitions, disposals, new retroactive reinsurance and other items 19 790
18
annual_report
4896
1,346
Insurance affiliates also assume insurance risks of other companies. Life reinsurance assumed represented 2.2% of life insurance in force at December 31, 2014 and reinsurance assumed on life and accident and health products represented .8% of premium income for 2014.
40
10K
2220
997
The Company designates and accounts for the following as fair value hedges when they have met the effectiveness requirements of SFAS 133: (i) various types of interest rate swaps to convert fixed rate
33
10K
5199
294
On July 9, 2014 the Company completed a $4,500,000 financing. In effect, FSI, a subsidiary of the Registrant, borrowed the funds at 8.00% interest with principal repayments on a ten year schedule. Proceeds of the borrowing were applied (i) to purchase from certain bridge lenders, after waiving interest of approximately...
152
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020
1,939
Breakdown of subordinated liabilities €m A.M. Best Fitch Moody’s S&P 31.12.2020 Prev. year Munich Reinsurance Company, Munich, 1.25% until 2031, thereafter floating, €1,250m, Bonds 2020/2041 – A – A 1,237 0 Munich Reinsurance Company, Munich, 3.25% until 2029, thereafter floating, €1,250m, Bonds 2018/2049
43
annual_report
NatixisSA-AR_2015
226
Growth in the personal protection insurance business remained strong in 2015, with premiums increasing by 12% to €702 million. Payment protection insurance accounted for 78% of personal protection insurance premiums in 2015.
32
annual_report
NatwestGroupPLC-AR_2018
1,759
Key developments in 2018 In April 2018, the PRA set out its expectations on the model risk management practices that should be adopted when using stress test models. RBS has a strong focus on model risk management and, as a result, practices were reviewed and, where appropriate, work to enhance them in line with regula...
57
annual_report
4655
1,573
Claim and claim adjustment expense reserves are presented net of anticipated amounts due from insureds related to losses under deductible policies of $1.3 billion and $1.4 billion as of December 31, 2012 and 2011. A significant portion of these amounts are supported by collateral. CNA also has an allowance for uncollec...
73
10K
3279
1,233
The contractual or notional amounts for derivatives are used to calculate the exchange of contractual payments under the agreements and are not representative of the potential for gain or loss on these instruments. Interest rates and equity prices affect the fair value of derivatives. The fair values generally represen...
106
10K
RSAInsuranceGroupPLC-AR_2009
985
The Group’s shares of its associates’ post acquisition profits or losses are recognised in the income statement and its share of post acquisition movements in reserves is recognised in the statement of comprehensive income. The cumulative post acquisition movements are adjusted in the carrying amount of the investment....
89
annual_report
gb_prudential-AR_2017
406
alue (EEV ) basis results 07 A dditional inform ation broker‑dealers, wirehouses, and banks. For variable annuity sales, Jackson is the leader in the independent broker‑dealer, bank and wirehouse channels9 and second in regional firms9.
35
annual_report
5286
915
other bond sales and calls. We realized pretax investment losses of $31 million ($20 million after-tax) as a result of the recognition of other-than-temporary impairment losses on certain securities.
29
10K
PowszechnyZakladUbezpieczenSA-AR_2013
786
3. Sales of new individual continuation agreements for group life insurance continued in 2013.
14
annual_report
LloydsBankingGroupPLC-AR_2014
3,624
Value of employee services: Share option schemes – – 142 142 – 142
13
annual_report
gb_prudential-AR_2003
544
Non-executive directors are appointed initially for a threeyear term. Their appointment is reviewed towards the end of this period against performance and the requirements of the Company's business. Upon appointment, all nonexecutive directors embark upon a wide-ranging induction programme covering, amongst other thing...
118
annual_report
2463
5,685
Ceded premiums written decreased by 16% to $60.7 million for the year ended December 31, 2003 compared to $72.3 million for 2002, primarily as a result of an $8.1 million decrease in finite business ceded and cessions on the per-risk portion of the catastrophe and risk excess segment.
48
10K
AdmiralGroupPLC-AR_2013
1,628
The maturity profile of financial assets and liabilities at 31 December 2013 is as follows: On demand £m
18
annual_report
5336
534
costs of providing services to the Exchange under the subscriber’s agreement and investments in new technology and systems;
18
10K
gb_lloyds_banking_grp-AR_2012
2,064
António Horta-Osório1 1,067,099 1,407,780 1,408,3592 non-executive Directors sir Winfried Bischoff 1,100,000 1,300,000 lord Blackwell – 50,000 c J Fairbairn – –
21
annual_report
4653
1,834
Other-than-temporary Impairment of Investments. We review all our available for sale fixed income and equity investments on an individual security basis for potential OTTI each quarter based on criteria including issuer-specific circumstances, credit ratings actions and general macro-economic conditions. For further di...
65
10K
fr_axa-AR_2004
330
Underlying earnings increased by €1 million on a constant exchange rate basis to €29 million. Improvements in fees & revenues of €11 million largely from mutual fund fees as discussed above were partly offset by an €8 million decrease in net technical margin driven by a return to a normalized claims pattern from the in...
82
annual_report
5449
1,334
The following table presents future minimum commitments for operating leases as of December 31, 2017:
15
10K
GjensidigeForsikringASA-AR_2017
2,594
Gjensidige annual report 2017 | 127 12. Owner-occupied property, plant and equipment
12
annual_report
HiscoxLtd-AR_2020
2,492
Current year claims and claim adjustment expenses 2,422.0 (490.2) 1,931.8 3,584.6 (1,982.6) 1,602.0 Over-provision in respect of prior year claims and claim adjustment expenses 513.0 (545.0) (32.0) (377.9) 352.0 (25.9) Unexpired risk reserve 31.5 (8.6) 22.9 – – – Total at end of year 2,966.5 (1,043.8) 1,922.7 3,206.7 (...
50
annual_report
AegonNV-AR_2012
625
S.A. de C.V., a Mexican life insurance company. Mongeral’s insurance activities include pension product distribution, individual and group life insurance products, and administrative services. Seguros Argos’s primary product is a twenty-year term life insurance product. Both insurance companies distribute their product...
45
annual_report
LloydsBankingGroupPLC-AR_2009
858
Wealth and International is a new division formed in 2009 to give increased focus and momentum to the private banking and asset management businesses and to closely co-ordinate the management of our international businesses. The division operates in more than 30 countries around the world.
45
annual_report
CNPAssurancesSA-AR_2009
3,872
■■ investments measured in accordance with Article R.332-5 20,764,218 20,764,218 20,764,218 b) of which: ■■ securities representing technical provisions other than those listed below 226,703,663 224,908,892 232,430,773
27
annual_report
3130
1,188
In connection with monitoring the financial condition of insurers, certain state insurance departments have requested additional information from two of the Company's insurance subsidiaries, Conseco Senior Health Insurance Company ("Conseco Senior") and Conseco Life Insurance Company ("Conseco Life"), as such insurance...
179
10K
4488
770
Primary care services revenue increased $859 million from 2010 to $880 million in 2011 primarily due to the acquisition of Concentra on December 21, 2010.
25
10K
3396
123
Our home office is part of the Parent Group's home office complex in Northbrook, Illinois. As of December 31, 2007, the complex consists of several buildings totaling approximately 2.3 million square feet of office space on a 250-acre site. In addition, we operate from various administrative, data processing, claims ha...
54
10K
de_allianz-AR_2008
2,095
2) Source: Own estimate based on information from International Credit Insurance and Surety Association, ICISA.
15
annual_report
5090
381
Commissions and other underwriting expenses increased $13.2 million, or 25.4%, to $65.3 million for the year ended December 31, 2015, compared with $52.1 million for the year ended December 31, 2014. The increase is directly related to the significant increase in net premiums written and earned during the same period.
50
10K
gb_prudential-AR_2015
33
Chairman of the Remuneration Committee 104 Our executive remuneration at a glance 106 Summary of Directors’ remuneration policy 109 Annual report on remuneration 126 Supplementary information 05 Financial statements 131–296 06 European Embedded Value (EEV) basis results 297–330 07 Additional information 331–372 333 Add...
60
annual_report
5209
697
Our liability for estimated title losses as of December 31, 2016 and 2015 comprises both known claims and our estimate of claims that may be reported in the future (IBNR). Known claims reserves are reserves related to actual losses reported to us. Our reserve for known claims comprises both claims related to title insu...
108
10K
2335
792
The increase in life insurance in-force has been driven by the growth in term life insurance. An unusually high level of face amount reductions by policyholders electing to reduce their coverage dampened the growth in UL and other products in-force. Excluding the effects of face-amount reductions, the general level of ...
96
10K
2826
2,334
The excess of Closed Block Liabilities over Closed Block Assets at the date of the demutualization (adjusted to eliminate the impact of related amounts in “Accumulated other comprehensive income (loss)”) represented the estimated maximum future earnings at that date from the Closed Block expected to result from operati...
63
10K
4148
1,809
The income used in the calculation of our diluted EPS is our net income (loss), reduced by preferred stock dividends and accretion of discount along with our minority interest adjustments related to outstanding stock options under the Delaware Investments U.S., Inc. (“DIUS”) stock option incentive plan of less than $1 ...
75
10K
BaloiseHoldingLtd-AR_2005
1,260
information for shareholders and financial analysts You will find detailed information and data on the Baloise stock, the IR agenda, dividends, the latest presentations and contacts with Investor Relations on the Internet at www.baloise.
34
annual_report
ScorSE-AR_2019
3,891
(2) These concepts are defined in Section 1.2.5 of the Group’s Universal Registration Document.
14
annual_report
4149
13,935
Effective September 30, 2009, the Corporation became the sponsor of a group medical plan and a group life insurance plan to provide covered benefits to certain retired employees (“postretirement benefits”). Prior to September 30, 2009, AIC was the sponsor of these plans. In connection with the change in the sponsorship...
92
10K
RaiffeisenBankInternationalAG-AR_2008
622
Driven mainly by volume, net interest income in the retail customers division increased by 28 per cent to € 1,844 million and accounted for 57 per cent of total net interest income (minus 2 percentage points). The share of net interest income from the corporate customers division remained constant at about 34 per cent,...
78
annual_report
PosteItalianeSpA-AR_2018
3,797
Derivative financial instruments 74. These are Contingent Convertible Notes with an original value of €75 million, a twenty-year term to maturity and issued by Midco SpA, which in turn owns 51% of the airline Alitalia SAI SpA. The Notes were subscribed for by Poste Italiane SpA on 23 December 2014, in connection with t...
150
annual_report
RaiffeisenBankInternationalAG-AR_2011
1,172
The other results decreased from € 18 million to minus € 2 million. Here, net income from fi nancial investments in particular was signifi cantly down on the previous year.
30
annual_report
2037
371
The Company utilizes derivative financial instruments on a very limited basis, primarily to improve the management of the investment-related risks associated with the reinsurance of equity-indexed annuities. The Company invests primarily in exchange-traded and customized Standard and Poor's equity index options. The Co...
85
10K
NatixisSA-AR_2012
85
Pursuant to Article L.511-31 of the French Monetary and Financial Code (Code monétaire et fi nancier), BPCE shall, as the central body, take any measures necessary in order to, notably, guarantee the liquidity and solvency of Groupe BPCE. Natixis, in its capacity as an institution affi liated with BPCE, is covered by t...
80
annual_report
NatwestGroupPLC-AR_2014
5,054
Personal credit risk management focuses on RBS’s personal customers in UK PBB, Ulster Bank and CFG as well as personal lending activities in
23
annual_report
SwissReAG-AR_2004
125
Short-term investments are carried at amortised cost which approximates fair value. The Group considers highly liquid investments purchased with an original maturity of one year or less, but greater than three months, to be short-term investments.
36
annual_report
ScorSE-AR_2013
5,687
Confirmed credits, letters of credit and guarantees given (Note 15.1.2) 580 796 18 26
14
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2014
1,769
The fair value of the receivables acquired as part of the transaction largely corresponds to the carrying amount. No material defaults were anticipated at the time of acquisition.
28
annual_report
1884
597
Interest expense was $25.3 million in 2001, a decrease of $3.3 million from $28.6 million in 2000. This decline was attributable to the impact from lower interest rates that were offset by higher average daily outstanding borrowings. A greater proportion of total debt outstanding during 2001 resulted from borrowings un...
116
10K
HelvetiaHoldingAG-AR_2013
1,412
Based on notice periods, tenancies generated operating lease receivables for Helvetia Group of CHF 61.3 million (previous year: CHF 64.4 million) due in less than one year, CHF 140.7 million (previous year: CHF 150.1 million) due between one and five years, and CHF 46.7 million (previous year: CHF 59.3 million) due in ...
56
annual_report
4063
938
In April 2009, the FASB issued new guidance for determining when a transaction is not orderly and for estimating fair value when there has been a significant decrease in the volume and level of activity for an asset or liability. The new guidance, which is now part of the FASB ASC Topic Fair Value Measurements and Disc...
173
10K
NatixisSA-AR_2008
11,877
THE LIST OF COUNTRIES IN WHICH NATIXIS IS PRESENT UNDER ITS OWN NAME OR THROUGH ITS SUBSIDIARIES OR COMMERCIAL REPRESENTATIVES 488
21
annual_report
1486
457
Included in 1998 realized losses of $8.4 million was $6.0 million of realized losses on short positions held on common stocks owned by the Company. There was a like amount of increase in market value on the related long position of the common stocks which was included in unrealized gains in stockholders' equity. In 199...
69
10K