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PhoenixGroupHoldingsPLC-AR_2017
537
During the year, adoption of the Risk Management Framework to the Abbey Life business has strengthened oversight and management of the legacy issues and the ongoing FCA enforcement investigations. The Group Risk function played a key role in the successful application to bring AXA Wealth, PGH and Abbey Life into the Gr...
126
annual_report
3443
1,500
In March 2006, the Financial Accounting Standards Board (FASB) issued Statement No. 155 (SFAS No. 155), Accounting for Certain Hybrid Instruments, an amendment to FASB Statement No. 133 and 140. This Statement permits fair value re-measurement for any hybrid financial instrument that contains an embedded derivative tha...
111
10K
5672
805
The increase in compensation expense in 2018 compared to 2017 was primarily due to increased headcount and increases in salaries ($36.8 million in the aggregate), severance related costs - $3.4 million, employee benefits - $3.1 million, temporary-staffing expense - $2.4 million and deferred compensation - $0.1 million,...
90
10K
ch_zurich_insurance_group-AR_2004
551
To improve the management of corporate citizenship activities globally, we established in 2003 a Group-level Corporate Citizenship
17
annual_report
2928
364
Financial Summary - This financial summary presents our discussion and analysis of the consolidated financial condition and results of operations of RTW, Inc. This review should be read in conjunction with the Consolidated Financial Statements at December 31, 2005.
39
10K
4448
1,238
As described below, certain assets and liabilities are measured at estimated fair value on the Company’s Balance Sheets. In addition, further disclosure of estimated fair values is included in this Financial Instruments note. The Company defines fair value as the price that would be received to sell an asset or paid to...
238
10K
4370
2,907
•Long-duration policies: Policy acquisition costs for participating life, traditional life and accident and health insurance products are generally deferred and amortized, with interest, over the premium paying period. Policy acquisition costs and policy issuance costs related to universal life, and investment-type pro...
69
10K
3865
1,798
cost plus the Company’s ownership percentage of reported income or loss in cases where the Company has significant influence, otherwise the investment is carried at cost. Also included in other long-term investments are loans to unconsolidated real estate entities secured by the equity interests of these real estate en...
88
10K
NatixisSA-AR_2016
5,633
fair value disclosed in the notes to the financial statements are payable under finance leases Loans classified as “Loans and receivables” and amounts
23
annual_report
4121
3,112
The expense ratio for the standard auto and homeowners businesses generally approximates the total Allstate Protection expense ratio. The expense ratio for the non-standard auto business generally is lower than the total Allstate Protection expense ratio due to lower agent commission rates and higher average premiums f...
73
10K
5677
917
As of December 31, 2019 and 2018, Level 3 fair value measurements of fixed income securities total $208 million and $191 million, respectively, and include $38 million and $80 million, respectively, of securities valued based on non-binding broker quotes where the inputs have not been corroborated to be market observab...
101
10K
4758
13,002
Detailed information concerning White Mountains’ cash flows during 2013, 2012 and 2011 follows:
13
10K
5671
1,597
Consequently, we review reinsurance recoverable balances on a quarterly basis to estimate a provision for uncollectible amounts. Any adjustments to the provision for uncollectible amounts are recognized in the period in which they are determined.
35
10K
nl_ing_grp-AR_2014
6,845
Cumulative preference shares Shares that entitle the holder to a fixed annual dividend. In the case of a profit distribution, these shares take precedence over ordinary shares. If and to the extent that the profit available for distribution is not sufficient to pay the dividend referred to above in full, the shortfall ...
104
annual_report
CNPAssurancesSA-AR_2017
263
CNP Assurances continues to develop its business activities, speed up its transformation and launch strategic projects for the Group, with the attentive and unstinting support of its Board of Directors. The Chief Executive Officer is responsible for executing the strategy adopted by the Board. He is assisted in this ta...
77
annual_report
1703
571
1999 also reflect a benefit of $3,400,000 for the favorable resolution of certain federal income tax contingencies.
17
10K
HelvetiaHoldingAG-AR_2017
2,738
We have been insuring risks for 160 years and this will remain our focus in future. However, technological change is opening up additional opportunities for us that we want to systematically explore and consistently exploit. For instance, we are providing our customers with new means of accessing our services. One exam...
113
annual_report
NatixisSA-AR_2020
2,250
The risk management function, carried out by the risk division, is structured as an independent and global matrix that covers all scopes and related geographic areas.
26
annual_report
2116
250
As of December 31, 2003, the Company's fixed income portfolio was in an unrealized gain position of $0.9 million and its equity investment in the Fund was in an unrealized gain position of $1.3 million or 8% of its historical cost. No writedown for other than temporary impairment was recorded for the year ended Decembe...
63
10K
4744
311
Our net premiums earned were $2,063,277 for the year ended December 31, 2013 compared to $1,267,470 for the year ended December 31, 2012, an increase of $795,807 or 62.8%. The net premiums earned during 2013 were attributable to net premium cessions from C&F under the Reinsurance Agreement. The net premiums earned duri...
132
10K
HannoverRueckSE-AR_2014
2,421
Income and expenses from level 3 financial assets and liabilities N 34 in EUR thousand 2013
16
annual_report
StandardLifeAberdeenPLC-AR_2013
805
Following the 2013 effectiveness review, the Committee concluded that it was appropriate to recommend to the Board that a resolution should be proposed at the 2014 AGM to reappoint the present auditors until the conclusion of the 2015 AGM. The Committee’s recommendation is not restricted by any contractual obligations....
117
annual_report
952
225
Cash and short-term investments: The carrying amounts reported in the balance sheet for these instruments approximate their fair values.
19
10K
3625
1,241
As part of an ongoing process, the reserves have been re-estimated for all prior accident years and were decreased by $153.4 million (excluding development of Hurricane Katrina reserves), $128.6 million (excluding development of Hurricane Katrina reserves) and $79.5 million in 2007, 2006 and 2005, respectively. Prior y...
105
10K
5835
1,602
e.the collateral structure and credit support of the security, if applicable.
11
10K
235
778
Earnings from Continuing Operations before Income Taxes 113 41 190 84 79
12
10K
gb_prudential-AR_2004
1,641
Policyholders select an anticipated bonus from the specific range Prudential offers for the particular product. The amount of the annuity payment each year depends upon the relationship between the anticipated bonus rate selected by the policyholder when the product is purchased and the bonus rates Prudential subsequen...
71
annual_report
nl_ing_grp-AR_2010
3,649
(1) Legal reserves includes Share of associates reserve of EUR 6,639 million (2009: EUR 1,985 million) and Currency translation reserve of EUR –939 million (2009: EUR –955 million).
28
annual_report
PhoenixGroupHoldingsPLC-AR_2018
3,097
Fixed and variable rate income securities 3,867 12,853 5,571 3,586 360 546 215 26,998
14
annual_report
NatixisSA-AR_2016
10,696
7LEGAL INFORMATIONDraft resolutions of the Combined General Shareholders’ Meeting of May 23, 2017 465REGISTRATION DOCUMENT 2016 - Natixis
18
annual_report
gb_prudential-AR_2017
1,365
Other previous appointments include the chairmanship of Aon UK Limited and JPM European Smaller Companies Investment Trust Plc. From September 2005 until March 2011, Paul was a non‑executive director of Wm Morrison Supermarkets Plc, including as senior independent director, audit committee chairman and remuneration com...
67
annual_report
SwissLifeHoldingAG-AR_2016
464
For the period from the 2015 ordinary General Meeting to the 2016 ordinary General Meeting, the General Meeting of 27 April 2015 approved a maximum total amount of fixed compensation for the members of the Board of Directors in the amount of CHF 3 300 000 in total. On this basis, the Board of Directors determined the c...
105
annual_report
2339
787
Losses and loss adjustment expenses are net of amounts due under reinsurance contracts as follows: $19,934,000, $8,979,000 and $7,446,000 for the years ended December 31, 2003, 2002 and 2001, respectively.
30
10K
1720
531
Premiums increased by $388 million, or 6%, to $7,288 million for the year ended December 31, 2001 from $6,900 million for the comparable 2000 period. Group insurance premiums grew by $680 million, due, in most part, to sales growth and continued favorable policyholder retention in this segment's dental, disability and ...
122
10K
AvivaPLC-AR_2015
4,577
The Financial Adviser School Limited United Kingdom Ordinary Shares 100 The Galleries Bristol Nominee No 2 Limited United Kingdom Ordinary Shares 100 The Gallery Gloucester Green Nominee One Limited United Kingdom Ordinary Shares 100 The Gallery Gloucester Green Nominee Three Limited United Kingdom Ordinary Shares 100 ...
112
annual_report
RSAInsuranceGroupPLC-AR_2015
1,958
Fair value (losses)/gains on available for sale financial assets net of tax 10 (211) 243
15
annual_report
552
341
The Company's consolidated financial statements have been audited by independent auditors, KPMG Peat Marwick, LLP. Their role is to audit the consolidated financial statements in accordance with generally accepted auditing standards and render an independent and professional opinion on management's consolidated financi...
54
10K
fr_axa-AR_2009
1,853
APE increased by €22 million (+34%) to €88 million. On a comparable basis, APE increased by €13 million (+18%), mainly driven by the growth in bancassurance channel in
28
annual_report
AegonNV-AR_2014
1,691
Lines of defense Aegon’s risk management structure is organized into three ‘lines of defense’ to ensure conscious risk-return decisions and limit the magnitude of potential losses within defined levels of certainty. The objective of this structure is to avoid surprises due to unidentified risks materializing or losses ...
57
annual_report
5071
3,434
At December 31, 2015, management’s best estimate of the life insurance premiums required to keep the investments in life settlements in force, payable in the 12 months ending December 31, 2016 and the four succeeding years ending December 31, 2020 are $530 million, $553 million, $579 million, $598 million and $607 mill...
53
10K
SwissReAG-AR_2017
4,442
Trianel Windpark Borkum II Swiss Re Corporate Solutions also supports phase 2 of Trianel Windpark Borkum II, the first purely communal wind farm in the North Sea (www.trianel-borkum.de/en/twb-ii/). It is located around 45 kilometres north of the German island of Borkum. With a planned capacity of 203 MW generated by 32...
104
annual_report
NatixisSA-AR_2019
10,259
In September 2019, as media attention was focused on fires in the Amazon, 244 investors, including Mirova and Ostrum AM, signed a declaration to curtail deforestation and wildfires in the Amazon. These investors represent $17.2 trillion in assets under management. More generally, Mirova strives to direct its investment...
54
annual_report
AvivaPLC-AR_2011
4,031
Notes to the consolidated financial statements continued 56 – Risk management continued At 31 December 2011 and 2010, the Group’s total equity deployment by currency was: Sterling £m Euro £m
30
annual_report
CNPAssurancesSA-AR_2009
386
Conflicts of interest To the best of the Company’s knowledge and at the date of the publication of this document, there are no potential conflicts of interest between the duties of members of the Board of Directors or Executive Management and CNP Assurances, in the capacity as corporate officer, and their private inter...
158
annual_report
4228
2,010
We have three major business segments: Unum US, Unum UK, and Colonial Life. Our other segments are the Individual Disability - Closed Block segment and the Corporate and Other segment.
30
10K
687
283
Net Realized Investment Gains (Losses) Net realized investment losses were $0.6 million for the year ended December 31, 1996 compared to a gain of $0.9 million in 1995.
28
10K
fr_axa-AR_2012
8,098
Receivables from subsidiaries totaled €214 million, down from €711 million at end-2011. This €497 million decrease was primarily attributable to the reimbursement of the
24
annual_report
gb_prudential-AR_2005
4,634
Notes (i) On 16 August 2005, the Company redeemed the US$250 million borrowings on maturity.
15
annual_report
3170
858
The Company maintains a significant portion of its investment portfolio in high-quality, short-term securities and cash to meet short-term operating liquidity requirements, including the payment of losses and LAE. Cash and cash equivalents totaled $145.8 million, or 27.1% of invested assets, at December 31, 2006. The C...
85
10K
5345
1,721
Property Underwriting Results - Our Property segment generated underwriting income of $363.2 million in 2016, compared to $464.8 million in 2015, a decrease of $101.6 million. In 2016, our Property segment generated a net claims and claim expense ratio of 21.0%, an underwriting expense ratio of 28.6% and a combined rat...
62
10K
StandardLifeAberdeenPLC-AR_2019
2,886
Summarised financial information of joint venture: Revenue 426 361 Depreciation and amortisation 3 2 Interest income 57 49 Interest expense 2 3 Income tax (expense)/income 6 (6) Profit after tax (all from continuing operations) 41 17 Other comprehensive income 25 1 Total comprehensive income 66 18 Total assets1 1,957 1...
64
annual_report
GjensidigeForsikringASA-AR_2019
2,161
Owner-occupied property is defined as property that is used by Gjensidige for conducting its business.
15
annual_report
StorebrandASA-AR_2004
566
2.67 in 2003 to NOK 8.49 in 2004 (calculated on the average number of shares outstanding). Risk bearing capacity strengthened in 2004, and the life insurance company adjusted its asset allocation in response to the low level of interest rates and the risk represented by the guaranteed return that applies to life insura...
156
annual_report
5846
415
See Note 4 of the Notes to the Consolidated Financial Statements for additional information on DAC and VOBA.
18
10K
AssicurazioniGeneraliSpA-AR_2017
1,613
Miscellaneous assets, amounting to 245,919 thousand, mainly refer to the linkage account which recorded a credit of life sector towards non-life sector.
22
annual_report
SwissLifeHoldingAG-AR_2018
1,263
Total water use (in 1000 m3) 100.94 84.36 73.68 1 79.62 AR, p. 131
14
annual_report
AvivaPLC-AR_2020
5,126
A reconciliation of the Solvency II regulatory surplus to the Solvency II shareholder surplus is provided below: 2020 Own funds £m SCR £m
23
annual_report
LloydsBankingGroupPLC-AR_2013
2,691
Fees for chairing the Responsible Business Steering Group (a non-Board level committee).
12
annual_report
fr_axa-AR_1999
1,013
The net investment return on insurance-related assets by major operating entity are presented within the segment information provided in “Item 9: Management’s Discussion and Analysis” and Note 13 to the Consolidated Financial Statements.
33
annual_report
4331
698
The Aon Benfield Plan, before any potential reinvestment of savings, is expected to deliver cumulative cost savings of approximately $122 million in 2011. We estimate that we realized approximately $100 million, and $45 million, of cost savings in 2010 and 2009, respectively. The actual savings, total costs and timing ...
73
10K
NatixisSA-AR_2012
2,053
Ms. Catherine Halberstadt (appointed to Natixis Board on 05.29.2012) Directors’ attendance fees
12
annual_report
PhoenixGroupHoldingsPLC-AR_2010
1,027
Fair value of financial assets and liabilities The fair values of financial assets and liabilities are classified and accounted for as set out in accounting policies (r) and (g) respectively. Where possible, financial assets and liabilities are valued on the basis of listed market prices by reference to quoted market b...
155
annual_report
ch_zurich_insurance_group-AR_2008
866
The interest rate scenarios assume a parallel shift of all interest rates in the respective currencies. They do not take into account the possibility that interest rate changes might differ by rating class (credit spread risk).
36
annual_report
5672
1,306
agreements and trade names related to our acquisitions are amortized using the straight-line method over their estimated useful lives (one to fifteen years for expiration lists, one to six years for non-compete
32
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008
980
On 13 October 2008, the IASB (International Accounting Standards Board) fast-tracked an amendment of IAS 39 Financial Instruments relating to the reclassification of financial instruments. In the light of the financial crisis, the changes made are intended to eliminate the potential competitive advantages of US banks b...
61
annual_report
NatixisSA-AR_2008
4,869
Natixis’ Supervisory Board on September 18, 2008. The plan involves: discontinuing credit and structured credit proprietary ■
17
annual_report
fr_axa-AR_2003
1,731
If Solvency I rules, which are deemed to be effective as of January 1, 2004, were applied, AXA’s European consolidated solvency margin would be 205% based on December 31, 2003 estimates.
31
annual_report
ScorSE-AR_2013
6,864
the threshold of "30 employees" as at 31 December 2013 is not adopted) as stated in the methodology note.
19
annual_report
PosteItalianeSpA-AR_2019
3,993
Actuarial gains/(losses) on provisions for employee termination benefits [tab. B7] (70) 16
12
annual_report
BaloiseHoldingLtd-AR_2006
3,402
VORABDRUCK recognized in income in the same manner as the corresponding
11
annual_report
fr_axa-AR_2007
1,475
outlook > 2.3 ActIvIty report 2008 has started in a less favorable environment with very volatile and bearish equity markets, a continuation of the liquidity crisis, concerns about a slowdown of the world economic growth, lower interest rates and high credit spreads.
42
annual_report
1866
797
At December 31, 2001, we had unamortized goodwill of $195.5 million. Amortization expense related to goodwill was $8.3 million for 2001. We do not anticipate a material impact to our consolidated financial statements as a result of adopting SFAS 141 and 142. We will have one year following adoption to determine the amo...
56
10K
SwissReAG-AR_2019
5,759
• New: Achieve net-zero emissions across the Swiss Re Group by 2050.
12
annual_report
4018
874
Deferred Policy Acquisition Costs (“DAC”). Capitalized expenses increased to $5.8 million in 2009 compared to $4.9 million and $5.6 million in 2008 and 2007. This increase was directly related to the increase in premiums collected and agent production. Amortization totaled $2.4 million, $2.3 million and $1.7 million in...
73
10K
AegonNV-AR_2013
2,155
Shareholders in 2011, Mr. Wynaendts was re-appointed for another four years. �� Darryl D. Button, Chief Financial Officer and member of the
22
annual_report
fr_axa-AR_2009
729
• Increased restrictions on, and new disclosure requirements with respect to, securitization transactions – in particular retention of risk by originators/sponsors.
21
annual_report
2102
586
LIQUIDITY AND CAPITAL RESOURCES CAPITAL. The Company's business operations are in part dependent on the Company's financial strength, and the market's perception thereof, as measured by shareholders' equity, which was $2,368.6 million and $1,720.5 million at December 31, 2002 and 2001, respectively. The Company has fle...
47
10K
NatwestGroupPLC-AR_2013
5,178
The Royal Bank of Scotland Group plc €391 million floating rate 2042 (callable quarterly from June 2012) (2,3) Tier 1 326 319 340 US$486 million 6.8% 2042 (callable quarterly from March 2008) (2,4) Tier 1 294 302 309 US$318 million floating rate (callable quarterly from July 2013) (2,5) Tier 1 192 199 210 US$394 millio...
104
annual_report
4832
1,518
2012 vs. 2011: The increase in the net results from structured insurance products of 91.1% was from lower interest expense recorded in the year ended December 31, 2012 as a result of an accretion rate adjustment, due to changes in the expected cash flows and payout patterns on certain structured indemnity contracts, pa...
72
10K
PosteItalianeSpA-AR_2020
7,201
Net provisions for risks and charges made/(released) (62) 16 for disputes with third parties [tab. B4] (5) (4)
18
annual_report
GjensidigeForsikringASA-AR_2014
526
This involves fields such as IFRS, NGAAP and the Annual Accounts Regulations for Insurance Companies etc. We participate actively in various 40 I Gjensidige Annual Report 2014
27
annual_report
4015
798
See Note 17 to the consolidated financial statements for additional discussion on commitments and contingencies.
15
10K
5770
1,250
changes in the fair values of other significant assets and liabilities such as goodwill, deferred policy acquisition costs, taxes, and various accrued liabilities. Because they are not financial instruments, their primary risks are other than market risk.
37
10K
NatixisSA-AR_2015
1,039
V Permanent Representative of CEBPL, Member of the Supervisory Board of GCE Business Services (until December 2011)
17
annual_report
5485
2,121
We measure segment performance by excluding the loss on reinsurance transaction and transition expenses, net realized investment gains (losses), fair value changes in embedded derivative liabilities (net of related amortization), fair value changes and amendment in the agent deferred compensation plan, loss on extingui...
131
10K
3557
7,211
Total cash interest paid on debt during 2007 was $126.2 million. Of this amount, $21.8 million related to interest on long term debt, $52.2 million related to interest on non-recourse funding obligations, $41.9 million related to interest on subordinated debt, and $10.3 million related to other interest.
47
10K
ch_zurich_insurance_group-AR_2016
1,533
The Group identifies plausible threat scenarios, and quantifies their potential impact on financial resources, or capital required, or both. Depending on the outcome, the Group then develops, implements and monitors appropriate actions.
32
annual_report
HannoverRueckSE-AR_2017
623
Overall, the cash and cash equivalents therefore decreased year-on-year by EUR 13.0 million to EUR 835.7 million.
17
annual_report
3131
966
•spent $1,048 million to repurchase 28.4 million of our outstanding shares
11
10K
1379
389
In order to further protect the Company's tax loss carryforward, from the impact of an ownership change, the Board on June 6, 2000 voted to amend the Rights Plan to provide that the exercisability of the Share Purchase Rights is triggered in the event any party acquires 5% or more of the Company's Common Stock or any p...
77
10K
NatixisSA-AR_2017
10,597
Calculated using a discounted cash-flow model, contract by contract, including parameters such as swaps curve, and revaluation spread (based on the BPCE reoffer curve).
24
annual_report
ScorSE-AR_2014
3,222
 In the context of a contingent capital arrangement program, SCOR issued 9,521,424 warrants on 17 December 2010 to UBS, each warrant committing UBS to subscribe for two new SCOR shares (maximum amount of EUR 150 million in two tranches of EUR 75 million each, including issuance premium) when the aggregated amount of t...
154
annual_report
NatwestGroupPLC-AR_2014
1,678
Variable pay is intended to incentivise superior long-term performance and promote the success of RBS, with rewards aligned with shareholders and adjusted for risk, based on the achievement of stretching performance measures.
32
annual_report
266
117
Allstate Life Insurance Company of New York (the "Company") is wholly owned by a wholly-owned subsidiary ("Parent") of Allstate Insurance Company ("Allstate"), a wholly-owned subsidiary of The Allstate Corporation (the "Corporation"). On June 30, 1995, Sears, Roebuck and Co. ("Sears") distributed its 80.3% ownership in...
57
10K
4598
1,019
In August 2012, we issued $250.0 million of senior notes. These notes, due in 2042, bear interest at a fixed rate of 5.75% and are payable semi-annually. The net proceeds are expected to be used for general corporate purposes.
39
10K
NatixisSA-AR_2012
7,554
6.5.1 REPORT OF THE BOARD OF DIRECTORS ON THE RESOLUTIONS SUBMITTED TO THE SHAREHOLDERS’ MEETING
15
annual_report
2159
776
Commissions and fees. Commissions and fees revenue increased $83.0 million, or 29.8%, to $361.1 million in 2002 compared with $278.1 million in 2001. The increase was from business generated by firms that were acquired in 2001 and 2002 as well as an increased volume of business from existing firms. Commissions and fees...
85
10K
1002
259
Effective January 1, 1998, the Company adopted SFAS No. 130, "Reporting Comprehensive Income" governing the reporting and display of comprehensive income and its components, which includes items previously recorded directly in equity, such as unrealized gains or losses on available-for-sale securities. The impact of ad...
76
10K
AegonNV-AR_2000
1,162
Result technical account non-life in NLG 346 –24 37 7 35 33 17 451
14
annual_report
fr_axa-AR_2008
4,063
December 31, 2007 Finance Services Energy Communications Industrial Consumer goods Raw material Technology Other TOTAL
15
annual_report