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4364
1,104
Unrealized losses on corporate debt securities increased by $9,773 from December 31, 2010 to December 31, 2011. The valuation of these securities has been influenced by market conditions with widening credit spreads in the finance sector resulting in generally lower valuations of these fixed income securities. The fina...
63
10K
fr_axa-AR_2006
2,122
At June 30, 2006, in order to hedge the acquisition price of Winterthur, AXA implemented foreign exchange forwards denominated in Swiss francs for CHF7.3 billion.
25
annual_report
SwissReAG-AR_2010
2,490
Other tangible assets are carried at cost, less individually scheduled straight-line depreciation over their useful lives. Items of minor value are not capitalised.
23
annual_report
fr_axa-AR_1999
3,134
Belge (€ 11 million) and wrote off all goodwill related to Dongbu AXA Life in Korea (€ 14 million).
19
annual_report
4592
8,320
During 2012, certain U.S. government securities were transferred into Level 1 from Level 2 as a result of increased liquidity in the market and a sustained increase in the market activity for these assets. There were no transfers between Level 1 and Level 2 during 2011 or 2010.
48
10K
255
296
Income Taxes ------------ The provision for income taxes include federal and state taxes currently payable and deferred taxes arising from temporary differences between financial and tax accounting income. These temporary differences principally result from additional deductions available through the use of accelerated...
49
10K
10
204
Prior to 1992, ICH had carried all of its fixed maturities at amortized cost (less permanent declines), because management had stated its intent and believed ICH had the ability to hold all such investments to their ultimate maturities. If a determination was made to dispose of particular fixed maturity investments, th...
136
10K
fr_axa-AR_2009
8,972
Potentially dilutive instruments: ■ Subordinated convertible Notes – February 8, 2000 due 2017 - - -
16
annual_report
NatixisSA-AR_2012
4,436
At December 31, 2012, Natixis did not purchase protection to hedge against credit risk associated with loans and receivables classifi ed as fair value instruments through profi t and loss.
30
annual_report
710
390
The Company's historical operating cash requirements have been met through cash provided by operations. However, net cash used in operating activities was $1.3 million for the year ended December 31, 1997. The increased use of cash for operating activities in 1997 was a result of reduced net income due to the losses in...
100
10K
4877
1,267
We reported net income of $130.5 million for the three months ended December 31, 2014 compared to a net income of $137.9 million for the three months ended December 31, 2013, a decrease of $7.4 million.
36
10K
2222
951
In 1997, pursuant to a Quota Share Reinsurance Agreement, Citation ceded its workers' compensation insurance business to Fremont Indemnity Company ("Fremont"). Fremont maintained a security deposit for the benefit of claimants under workers' compensation insurance policies issued, or assumed, by Fremont. A portion of t...
143
10K
ch_zurich_insurance_group-AR_2014
419
Skills and experience Susan Bies began her career in 1970 as regional and banking structure economist with the Federal Reserve Bank of St. Louis, Missouri. In 1972, she became assistant professor of economics at Wayne State University, Detroit, Michigan. In 1977, she moved to Rhodes College, Memphis, Tennessee, in a si...
180
annual_report
TrygAS-AR_2017
1,599
Annual report 2017 | Tryg A/S | 114Contents – Management’s review
11
annual_report
SwissReAG-AR_2008
661
The table above shows the results of our stress scenario analysis: Swiss Re’s expected pre-tax claims for major natural catastrophe events, net of insurance-linked securities, industry loss warranties, retrocession and risk swaps. The scenarios take account of the fact that an event can trigger claims in various lines ...
86
annual_report
2303
345
In May 2003, the Financial Accounting Standards Board issued SFAS No. 150 ("SFAS 150"), "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity." SFAS 150 establishes standards for classifying and measuring certain financial instruments with characteristics of both liabilities ...
116
10K
1527
734
This segment information is prepared in conformity with Financial Accounting Standards Board Statement No. 131 "Disclosures about Segments of an Enterprise and Related Information" which we adopted in 1998. We restated certain previously reported segment information to comply with the new standard.
42
10K
3460
1,819
The changes in the estimated net unpaid loss and loss adjustment expenses for the prior accident years during 2007 were primarily attributable to the following:
25
10K
gb_prudential-AR_2016
6,414
The estimated movement in Group Solvency II surplus over 2016 is driven by: — Operating experience of £2.7 billion: generated by in-force business and new business written in 2016 and also the impact of one-off management optimisations implemented in 2016; — Non-operating experience of £(1.1) billion: mainly arising fr...
96
annual_report
5938
1,393
The Company leases office space and equipment under various operating lease arrangements. The Company’s leases have remaining lease terms ranging from 3 months to 10 years. Some building leases have options to extend, terminate, or retract the leased area. The Company did not factor in term extension, terminations, or ...
76
10K
PhoenixGroupHoldingsPLC-AR_2011
803
Investment Committee Tom Cross Brown, Chairman René-Pierre Azria Charles Clarke Manjit Dale Hugh Osmond
14
annual_report
fr_axa-AR_2006
3,259
All amounts on the consolidated balance sheet, consolidated statement of income, statement of consolidated cash flows, consolidated statement of shareholders’ equity and in the notes are expressed in million of Euros, and rounded up to the nearest whole unit, unless otherwise stated.
42
annual_report
5371
2,074
Net earnings attributable to shareholders decreased $219 million in the fourth quarter of 2017 compared to the same period in 2016 due primarily to the fourth quarter 2017 tax expense related to the change in the U.S. corporate tax rate, the fourth quarter 2016 tax benefits related to the National Interstate merger and...
167
10K
1845
627
Reinsurance balance payable decreased primarily due to the funding of the 2000 commercial quota share reinsurance agreement during the first six months of 2001. This balance is comprised primarily of premiums due reinsurers on business ceded to them under the Company's various reinsurance agreements.
44
10K
RaiffeisenBankInternationalAG-AR_2008
210
Religion Orthodox Christian (majority) n/a Catholics 10% Muslim 4.3% Other n/a
11
annual_report
5534
789
The credit quality distribution of the Company’s AFS fixed-maturity investment portfolios, excluding short-term investments, are based on ratings from Moody’s and alternate ratings sources, such as S&P or the best estimate of the ratings assigned by the Company, have been used for a small percentage of securities that ...
85
10K
2268
5,196
Same hospital discharges represent discharges for hospitals owned for the full twelve months of both years presented.
17
10K
5669
1,477
The Company has extensive transactions and relationships with Prudential Insurance and other affiliates. Although we seek to ensure that these transactions and relationships are fair and reasonable, it is possible that the terms of these transactions are not the same as those that would result from transactions among u...
50
10K
ASRNederlandNV-AR_2017
461
In 2017, a.s.r. foundation worked together with the following (social) organisations in the context of projects within Financial self-reliance: De Tussenvoorziening, Diversion, FC Utrecht Maatschappelijk, Feyenoord Maatschappelijk, Giovanni van Bronckhorst Foundation, Humanitas, Kinderzwerfboek, Nederlandse Vereniging ...
64
annual_report
AegonNV-AR_2005
1,639
AAA 1,000 AA 1,000 A 750 BBB 500 BB 250 B 125 CCC or lower 50 1The fixed-income issuer rating is used when applying the credit counterparty limit exposure policy.
30
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2014
1,848
For assets allocated to Level 3, we use valuation techniques not based on inputs observable in the market. This is only permissible insofar as no observable market data is available. The inputs used reflect Munich Re’s assumptions regarding the factors which market players would consider in their pricing. We use the be...
106
annual_report
NatixisSA-AR_2018
10,408
We also provide the Audit Committee with the declaration provided for in Article 6 of Regulation (EU) No. 537/2014, confirming our independence within the meaning of the rules applicable in France such as they are set in particular by Articles L. 822-10 to L. 822-14 of the French Commercial Code (code de commerce) and ...
84
annual_report
3811
1,119
During 2008 and 2007, the NMO Deferred Compensation Trust (NMO Trust) purchased 163,161 and 359,489 shares of our common stock at a total cost of $1.6 million and $4.4 million, respectively. These shares are treated as treasury stock and are held by the NMO Trust for the benefit of agents who have earned shares of our ...
76
10K
AvivaPLC-AR_2014
2,502
Profit/(loss) before tax attributable to shareholders' profits 717 387 457 178 509 104 98 (89) (1,080) 1,281 1,538 2,819
19
annual_report
SwissLifeHoldingAG-AR_2012
1,691
ToTal FINaNCIal asseTs HelD To maTurITy 33 – 5 046 – – – 5 046
15
annual_report
NatixisSA-AR_2016
441
The general mechanism behind the guarantee is based on the establishment of: Natixis purchased an option from BPCE (the “Option”) allowing it, should it be exercised, to recover, in 10 years’ time, the capitalized net performance of the portfolios covered by the TRS and to terminate the TRS; two Total Return Swap (TRS)...
218
annual_report
5509
804
In July 2018, the FASB issued ASU Number 2018-09, Codification Improvements. This update provides clarification, corrects errors in and makes minor improvements to the Codification within various ASC topics. Many of the amendments in this update have transition guidance with effective dates for annual periods beginning...
99
10K
StandardLifeAberdeenPLC-AR_2017
906
Str ateg ic r epo r t 51Standard Life Aberdeen 2017 £2.8bn £4.8bn £4.6bn
14
annual_report
fr_axa-AR_2009
4,413
I AXA subordinated convertible bonds as of December 31, 2009 (a)
11
annual_report
4808
4,445
* These Accumulated other comprehensive income components are included in the computation of net periodic pension cost. See Note 21 to the Consolidated Financial Statements.
25
10K
gb_prudential-AR_2006
1,963
Macaskill and Clark Manning will retire by rotation at the Annual
11
annual_report
767
403
Premiums on reinsurance business assumed are recorded as earned on a pro rata basis over the contract period based upon estimated subject premiums. Management must estimate the subject premiums associated with the treaties in order to determine the level of earned premiums for a reporting period. Such estimates are bas...
93
10K
5869
1,837
Dividends received from equity method investments were $10 million, $6 million and $2 million for the years ended December 31, 2020, 2019 and 2018, respectively.
25
10K
4948
1,659
Recorded gross reserves for general liability were $1,355.8 million, with approximately 4% of that amount related to run-off asbestos and environmental exposures as of December 31, 2014. For general liability losses relating to ongoing operations, reported loss development patterns are a key assumption for this line of...
142
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2010
418
the variable remuneration for annual performance is reviewed and decided on by the full Supervisory Board and then paid out in the year after the one-year period under consideration. payment is effected on condition that 50% of the net payout amount is invested in Munich Reinsurance company shares that must be held for...
58
annual_report
gb_prudential-AR_2013
4,311
(vi) Principally includes unit-linked and similar contracts in the UK and GIC liabilities of Jackson. (vii) The investment and policyholder liabilities valuation difference between IFRS and regulatory bases for Jackson is mainly due to not all investments being carried at fair value under the regulatory basis and also ...
83
annual_report
HelvetiaHoldingAG-AR_2015
1,355
Those financial liabilities that are either held for trading or are irrevocably classified upon initial recognition as “designated as at fair value through profit or loss” are recognised at fair value. The latter classification is given to deposits if they are associated with investment funds or products for which the ...
128
annual_report
de_allianz-AR_2014
3,059
Investments in investment funds investments in investment funDs by asset class € mn as of 31 December 2014
18
annual_report
gb_prudential-AR_2008
3,698
The Group maintains 10 main share award and share option plans relating to Prudential plc shares, which are described below. The Group Performance Share Plan (GPSP) is the incentive plan in which all executive directors and other senior executives within the Group can participate. This scheme was established as a repla...
176
annual_report
4176
904
The Company’s sources of liquidity have primarily been cash provided by operating activities, proceeds from its public offerings, and proceeds from credit facilities. The Company’s principal uses of cash have been to fund working capital, finance strategic acquisitions and capital expenditures, satisfy contractual obli...
69
10K
4159
1,677
•the recording of a salvage asset with a benefit to the income statement if the expected loss is in a net cash inflow position at the reporting date.
28
10K
5465
726
Chaucer deploys specialist underwriters in over 30 major insurance and reinsurance classes, including marine, aviation and political, casualty, energy, and property coverages, written on a direct, facultative and treaty basis. We obtain business through Lloyd’s, the leading international insurance and reinsurance marke...
121
10K
3087
745
Despite a challenging operating environment, our public finance direct insured par increased by 9.8% in 2006, compared to 2005 while our average premium rate on this business was 137 basis points in 2006 as compared to 152 basis points in 2005. This includes $306 million in public finance par insured in the United King...
98
10K
1532
396
The Company routinely evaluates the collectability of receivables and has established an allowance for uncollectable accounts for agents' balances and direct billed balances receivable and premium notes receivable in the amount of approximately $5,180 and $4,640 at December 31, 2000 and 1999, respectively.
43
10K
RaiffeisenBankInternationalAG-AR_2006
421
The dominant influence on net income from financial investments and current financial assets was the sale of the minority stake in Bank TuranAlem in Kazakhstan, which yielded net proceeds of  102 million. Altogether, the item amounts to  103 million after being  5 million in the preceding year. It includes, among ot...
70
annual_report
1047
265
Given the sale of all operations and the voluntary liquidation proceedings, additional comparisons between the periods would not be meaningful.
20
10K
1510
334
In January 1998, the Company entered into an agreement with a subsidiary of Orion to underwrite a portion of the insurance coverage arranged by the Company for its service contract customers. Concurrently, Orion entered into a reinsurance agreement with Target Insurance Ltd. ("Target"), which is owned by certain shareh...
155
10K
SwissReAG-AR_2014
3,547
agreements. From time to time, the Group may institute, or be named as a defendant in, legal proceedings, and the Group may be a claimant or respondent in arbitration proceedings. These proceedings could involve coverage or other disputes with ceding companies, disputes with parties to which the Group transfers risk un...
78
annual_report
883
182
National Security Fire & Casualty Company (property/casualty insurer) has regulatory adjusted capital of $25.0 million and $27.2 million at December 31, 1998 and 1997, respectively, and a ratio of regulatory total adjusted capital to authorized control level RBC of 9.1 and 8.4 at December 31, 1998 and 1997 respectively...
61
10K
DirectLineInsuranceGroupPLC-AR_2013
573
• Improvement in operating profit of £7.3 million, despite adverse weather in the fourth quarter and a high level of large losses
22
annual_report
2589
1,031
Policyholder account balances relate to investment-type contracts and universal life-type policies. Investment-type contracts principally include traditional individual fixed annuities in the accumulation phase and non-variable group annuity contracts. Policyholder account balances are equal to the policy account value...
61
10K
5371
1,828
the fourth quarter 2017 tax expense related to the change in the U.S. corporate tax rate,
16
10K
StandardLifeAberdeenPLC-AR_2009
71
We announced in March 2009 a target of achieving a further £75m of annual efficiency savings by the end of 2010.
21
annual_report
3967
779
The following table presents a summary of our cash flows for the years ended December 31, 2007, 2008 and 2009 (in thousands):
22
10K
4682
1,332
During 2010, the Company reduced its valuation allowance, for both continuing and discontinued operations, related to its deferred tax assets by $104.1 million, from $195.6 million to $91.5 million. There were four principal components to this reduction. First, the Company reduced the valuation allowance by $66.2 milli...
75
10K
2763
6,283
AFG's combined ratio has been better than the industry average for nineteen of the last twenty years and excluding AFG's special A&E charges, for all twenty years. Management believes that AFG's insurance operations have performed better than the industry as a result of product line diversification, stringent underwrit...
56
10K
AegonNV-AR_2016
70
By transforming Aegon’s US operations from distinct business lines into one, functionally-organized business, we identified potential for cost savings. These savings constituted the bulk of the group’s original 2018 expense savings target of
33
annual_report
fr_axa-AR_2007
3,787
— €1,141 million gross of Life & Savings and Property & Casualty customer relationships intangible. For both Life & Savings and Property & Casualty activities, it represents the value of future cash flows expected from renewals and the crossselling of new products to customers known and identified at the time of the ac...
100
annual_report
RaiffeisenBankInternationalAG-AR_2009
170
Managing Board Year of birth Date first End of term appointed
11
annual_report
HannoverRueckSE-AR_2010
1,409
The following company holds direct or indirect capital participations that exceed 10% of the voting rights: Financial strength ratings of subsidiaries
21
annual_report
1692
873
The Company provides and reinsures financial guaranties issued to support public and private borrowing arrangements. Financial guaranties are conditional commitments that guaranty the performance of an obligor to a third party. The Company's potential liability in the event of non-payment by the issuer of the insured o...
78
10K
5428
608
Direct premiums earned increased by 8.5% to $999.2 million for the year ended December 31, 2017, from $921.2 million in the prior year. The increase in direct earned premium reflects the growth within both our Florida and Other States books, as discussed above, which has occurred over the past 12 months.
51
10K
4334
1,554
9. the unanimous ruling from the New York Supreme Court Appellate Division, First Department, in the Countrywide litigation allowing MBIA to pursue its fraud claims; and
26
10K
NatwestGroupPLC-AR_2016
9,525
At 31 December 2016, the Group carried goodwill of £5.6 billion on its balance sheet. The value in use and fair value of the
24
annual_report
StandardLifeAberdeenPLC-AR_2014
2,237
(c) Cash flows from discontinued operations Net cash flows attributable to operating, investing and financing activities of discontinued operations are as follows: Net cash flows from operating activities 117 257
30
annual_report
NatwestGroupPLC-AR_2008
2,709
On the finalisation of the allocation of fair values, goodwill arising on the acquisition of ABN AMRO attributable to the Group has been allocated to those CGUs which are expected to benefit from the synergies of the combination based on their relative values. In addition, following the reorganisation of the Group repo...
63
annual_report
SwissLifeHoldingAG-AR_2002
168
Yasuda Life Korea Korea Life Malaysia Hong Leong Assurance New Zealand Hannover Life Re of Australasia Philippines First Guarantee Life Singapore NTUC Income Taiwan Kuo Hua Life Thailand Bangkok Life Assurance
31
annual_report
nl_ing_grp-AR_2017
4,896
Exposures are categorised into different Value to Loan (VTL) buckets that give insight in the level of collateralisation of ING’s portfolio. VTL is calculated as the cover value divided by the outstandings at the balance sheet date. The cover values are indexed and exclude any cost of liquidation. Covers can either be ...
141
annual_report
5214
1,159
Net margin from agency title insurance premiums retained as a percentage of total agency premiums in the year ended December 31, 2016 remained consistent with the 2015 and 2014 periods.
30
10K
TrygAS-AR_2011
240
The effect of premium increases was clearly manifested in the average premium for Danish private customers, which rose by 5.7% during 2011, whereas the equivalent for Norwegian private customers rose by 2.9%.
32
annual_report
BeazleyPLC-AR_2017
1,824
The next two tables summarise the carrying amount at reporting date of financial instruments analysed by maturity date.
18
annual_report
ch_zurich_insurance_group-AR_2009
1,937
Undiscounted cash fl ow 3 1 Excluding liabilities for defi ned benefi t plans. 2 Allocation to the time bands is based on the expected maturity date. 3 Allocation to the time bands is based on the earliest contractual maturity.
40
annual_report
836
203
Recently, the "Health Insurance Portability and Accountability Act of 1996, Public Law 104- 191", commonly called the Kennedy-Kassebaum Bill for its primary sponsors, was enacted. This bill establishes certain Federal requirements for large group, small group, and individual health benefit plans, and applies not only t...
54
10K
2983
970
The Company establishes a non-specific reserve on its portfolio of credits because management believes that a portfolio of insured obligations will deteriorate over its life and that the existence of inherent loss can be proven statistically by data such as that published by rating agencies. The establishment of the re...
166
10K
ASRNederlandNV-AR_2010
127
Insurance is all about offering security; about building confidence in the future. ASR Nederland’s future also stands or falls on the trust that those around ASR Nederland place in the company. That trust has to be earned, starting anew every day. Trust is earned by putting customers’ interests first, knowing customers...
143
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
650
04 Business issues 2002 Cyberrisks Munich Re Group Annual Report 2002
11
annual_report
4265
2,569
Accordingly, in the periods prior to closing, the assets and liabilities of this business were classified as held-for-sale and reported within other assets and other liabilities on our Consolidated Balance Sheets. The major classes of assets and liabilities held-for-sale (in millions) were as follows:
44
10K
NatwestGroupPLC-AR_2020
45
Governance and remuneration report A detailed review of our corporate governance and remuneration, including the Report of the directors and annual report on remuneration.
24
annual_report
2281
3,454
Prior to 2002, an Aon subsidiary issued fixed- and floating-rate Guaranteed Investment Contracts (GICs) and floating-rate funding agreements and invested the proceeds primarily in the U.S. fixed income markets. The assets backing the GICs are subject to varying elements of credit and market risk. The last GIC was termi...
52
10K
953
927
- --------------- (1) Problem agricultural mortgages included delinquent mortgage loans of $2.1 million, and $1.2 million at December 31, 1998 and 1997, respectively, and mortgage loans in the process of foreclosure of $0.0 million and $0.9 million, at such dates, respectively.
41
10K
5003
1,713
The following table presents the total fair value of the Company’s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral, as of December 31, 2013:
34
10K
fr_axa-AR_2016
3,535
Committee with Regional/Global Business Line responsibilities is determined according to the following metrics: Group performance (20%), Regional/Global Business Line performance which they are responsible for (30%) and Individual performance
29
annual_report
INGGroepNV-AR_2018
4,100
Loans and advances to customers1, 3 138 14,656 19,870 567,016 543,619 581,810 563,489
13
annual_report
5300
1,098
Deferred revenues represent the portion of income that will be earned in the future attributable to motor club memberships, mobile device protection plans, and other non-insurance service contracts that are earned over the respective contract periods using Rule of 78's, modified Rule of 78's, pro rata, or other methods...
58
10K
RSAInsuranceGroupPLC-AR_2009
1,189
Cash and cash equivalents 1,614 – – – – – 1,614 –
12
annual_report
ScorSE-AR_2009
975
Director: - OFIVALMO - SCOR Vie - FNMI - MTG XV - OFIMALLIANCE - MDA
15
annual_report
4219
1,082
As further discussed in Note 9 of the Notes to Consolidated Financial Statements included under Item 8, on August 31, 2010, CNA completed a transaction with NICO, a subsidiary of Berkshire Hathaway Inc., under which substantially all of CNA’s legacy A&EP liabilities were ceded to NICO (“Loss Portfolio Transfer”), subje...
113
10K
4987
878
In January 2014, the FASB issued ASU 2014-01 “Accounting for Investments in Qualified Affordable Housing Projects.” ASU 2014-01 permits an entity to elect the proportional amortization method of accounting for limited liability investments in qualified affordable housing projects if certain criteria are met. Under the ...
101
10K
1272
504
The Company adopted SOP 98-I on July 1, 1999 which resulted in lowering the amount capitalized for internally developed computer software related to its Care Management (AutoPILOT) and Claim Administration systems by approximately $500,000 per quarter based on the year ended June 30, 1999 analysis. This resulted in add...
131
10K
SwissReAG-AR_1994
240
Marine The improved original conditions in past years and enhanced treaty conditions formed a favourable setting for the targeted expansion of the marine business. Although income fell in some markets due to the necessary continuation of re­ organisation or consolidation and diversification, premium income rose on the ...
63
annual_report