report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
2079
385
Infinity was incorporated in the state of Ohio in September 2002 as an indirect wholly-owned subsidiary of AFG. On December 31, 2002, AFG transferred to Infinity all of the outstanding common stock of the following personal auto insurance subsidiaries: Atlanta Casualty Company, Infinity Insurance Company, Leader Insura...
56
10K
5557
1,031
5% Senior Notes. On June 20, 2014, AGUS issued $500 million of 5% Senior Notes due 2024 for net proceeds of $495 million. The net proceeds from the sale of the notes were used for general corporate purposes, including the purchase of common shares of AGL. The notes are redeemable, in whole or in part, at their principa...
76
10K
5699
282
Ceded premiums increased $0.4 million, or 8.8%, during 2019 as compared to 2018. The increase in ceded premiums was primarily due to an increase in earned premiums in certain accounts within the automobile physical damage and general liability lines of business, which are subject to reinsurance.
46
10K
2244
433
Mortgage-backed securities comprised 24.3% of the Company’s fixed maturity portfolio at December 31, 2003 as compared to 33.4% at December 31, 2002. Mortgage-backed securities are subject to risks associated with variable pre-payments. This may result in these securities having a different actual cash flow and maturity...
265
10K
LloydsBankingGroupPLC-AR_2016
3,197
Stress testing The Group undertakes a wide ranging programme of stress testing providing a comprehensive view of the potential impacts arising from the risks to which the Group is exposed. One of the most important uses of stress testing is to assess the resilience of the operational and strategic plans of the Group to...
80
annual_report
1947
451
In December 2002, the Company obtained a new $150.0 million revolving credit facility with a group of lenders comprised of major banking institutions, which replaced the existing $140.0 million revolving credit facilities scheduled to expire in April 2003. This facility, which expires in December 2005, is subject to ce...
110
10K
fr_axa-AR_2016
1,462
APE decreased by €105 million (-26%) to €300 million. On a comparable basis, APE decreased by €106 million (-26%): ■ Unit-Linked sales (33% of APE) decreased by €133 million
29
annual_report
AegonNV-AR_2019
2,009
Management team which looks into whether in hindsight the paid amount should have been lower or nill. Examples of misconduct are, but not limited to, significant breach of laws and/or regulations, use of violence, either verbally or physically, involvement with fraud, corruption or bribery, significant issues due to ev...
83
annual_report
PosteItalianeSpA-AR_2016
3,397
Due from tax authorities – tax withholdings 3,110 – 2,667 –
11
annual_report
5063
2,082
On June 16, 2007, the State of Connecticut acting on behalf of the Department of Economic and Community Development ("DECD") loaned VRIAC $9.9 (the "DECD Loan") in connection with the development of a corporate office facility located at One Orange Way, Windsor, Connecticut (the "Windsor Property"). The loan has a term...
109
10K
PosteItalianeSpA-AR_2019
1,640
With regard to financial instruments held by the Financial Services SBU, the overall fair value fluctuation during the period was positive by approximately €5.7 billion and was recognised in a specific equity reserve of €1.7 billion for the portion not hedged by fair value hedges, and through profit or loss for €4 bill...
123
annual_report
GjensidigeForsikringASA-AR_2012
453
Multi-channel distribution More efficient distribution by telephone or online, with a high degree of freedom of choice for customers.
19
annual_report
TrygAS-AR_2018
1,440
107Contents – Financial statements Annual report 2018 | Tryg A/S |
11
annual_report
SwissLifeHoldingAG-AR_2020
337
Frank W. Keuper — Born 1953, German national Member of the Board of Directors bild Frank W. Keuper studied social and economic sciences at Vienna University of Economics and Business and obtained a doctorate in the same subject. He started his career in the insurance sector in 1985 at the Albingia insurance group as as...
173
annual_report
601
1,273
FIXED MATURITIES BY CREDIT QUALITY - ---------------------------------------------------------------- 1997 1996 - ---------------------------------------------------------------- CREDIT QUALITY FAIR PERCENT FAIR PERCENT VALUE VALUE - ---------------------------------------------------------------- U.S. Gov't/Gov't agen...
81
10K
BaloiseHoldingLtd-AR_2001
275
As a result of falls in interest rate levels throughout the world and despite the persisting weakness of the euro, the overall return on fixed-interest securities increased slightly to 5.4 percent. In the context of the reduction in the equity portfolio, the proportion of fixed-interest securities within the Group’s in...
55
annual_report
2619
1,160
transactions between General Re or its subsidiaries and other insurers. Berkshire cannot at this time predict the outcome of these investigations, is unable to estimate a range of possible loss, if any, and cannot predict whether or not that outcome will have a material adverse effect on Berkshire’s results of operatio...
65
10K
1820
444
The Employees' Plan provides for the award of stock options to certain officers and key employees of the Company. Options under the Employees' Plan may be granted with an exercise price greater than or less than the market value of the Company's Common Stock on the date of grant. Awards under the Employees' Plan expire...
127
10K
1960
679
Results of Operations - Years Ended December 31, 2002 and 2001 (monetary amounts in tables expressed in thousands of United States dollars)
22
10K
AvivaPLC-AR_2011
4,516
Asia Pacific MCEV operating earnings were 28% lower at £78 million (2010: £109 million) as the higher value of new business was more than offset by lower expected return and adverse impacts of existing business.
35
annual_report
ch_zurich_insurance_group-AR_2005
348
j) Debt issued Debt issued by the Group is initially measured at cost, which is the fair value of the consideration received, net of transaction costs incurred. Subsequent measurement is at amortized cost, using the effective interest rate method to amortize cost at inception to the redemption value over the life of th...
54
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2004
441
In life primary and reinsurance and in health primary insurance, we manage and measure performance using the embedded-value system.
19
annual_report
5385
629
The current accident year non-catastrophe loss ratio for 2017 increased by 8.7 point compared to 2016 mainly due to higher claims frequency and severity compared to last year. The current accident year non-catastrophe loss ratio for 2016 improved by 4.2 point compared to 2015 mainly due to lower case incurred emergence...
59
10K
1446
433
pay claims. In 2000, loss and loss adjustment expense was $24 million, compared to $35.2 million in 1999 and $30.5 million in 1998. In 1999 and 1998, loss and loss adjustment expenses were inflated by the need to strengthen reserves in both the medical professional liability segment and in Citation's artisan/contractor...
55
10K
996
128
The Company is an independent provider of comprehensive cost containment and medical management services designed to minimize the costs of workers' and unemployment compensation benefits for employers. Through CompManagement and M&N Risk Management, the Company serves as a TPA for workers' and unemployment compensation...
152
10K
4386
928
The Company has tax benefits related to capital loss carryforwards of $30 million which expire beginning December 31, 2015.
19
10K
AssicurazioniGeneraliSpA-AR_2016
812
At macroeconomic level, the Italian economy has exited its long recession; GDP growth for 2016 is estimated at 0.9%, supported by exports, a weak recovery in both domestic demand and in investments in machinery and equipment. The growth in disposable income caused by more favourable employment conditions is favouring h...
51
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2019
306
In addition to this underlying philosophy, we also actively involve our investors, clients and staff in stakeholder dialogue about our corporate responsibility strategy. One topic that is becoming increasingly important is digitalisation, which is creating numerous opportunities for the insurance business. It allows us...
84
annual_report
ScorSE-AR_2017
1,701
Cumulated amount of the share capital further to the operation (in EUR)
12
annual_report
ScorSE-AR_2011
1,917
June 2006, SCOR SE refers to the AFEP-MEDEF governance code relating to listed companies in preparing the report to be issued in accordance with article L. 225-37 of the French commercial Code.
32
annual_report
5563
846
As a result of the analysis performed by the Company to determine declines in market value that are other-than-temporary, there were no write downs for other-than-temporary impairment related to available-for-sale investments recorded for the years ended December 31, 2018 and December 31, 2017. As a result of the analy...
159
10K
2876
764
We follow a consistent methodology based on an estimate of discounted future cash flows derived from acquired clients’ lists and attrition rates to estimate the fair value of the expiration rights and other intangible assets at the date of acquisition. For acquisitions in excess of $5.0 million in purchase price, we ob...
83
10K
NatixisSA-AR_2014
9,906
Statutory Auditors’ special report on related-party agreements and commitments of the BPCE Supervisory Board and member of the Natixis Board of Directors, and Pierre Valentin, member of the BPCE Supervisory Board and member of the Natixis Board of Directors.
39
annual_report
4884
933
Includes amounts related to dividend of subsidiary. See Notes 4 and 13.
12
10K
5388
2,253
The Company uses a variety of interest rate derivatives to reduce its exposure to changes in interest rates, including interest rate swaps, interest rate total return swaps, caps, floors, swaptions, futures and forwards.
33
10K
AdmiralGroupPLC-AR_2011
432
• People risk – failure to recruit, develop and retain suitable talent. Further detail on how Admiral interacts with its employees is set out in the Corporate Responsibility section following
30
annual_report
AvivaPLC-AR_2016
3,711
(ii) The Group, as a proxy for policyholders in the UK, Ireland and Singapore, is required to record taxes on investment income and gains each year. Accordingly, the tax benefit or expense attributable to UK, Irish and Singapore life insurance policyholder returns is included in the tax charge. The tax charge attributa...
68
annual_report
RaiffeisenBankInternationalAG-AR_2015
923
restated Cash and cash equivalents at the end of previous period 6,768,685 6,674,226
13
annual_report
GjensidigeForsikringASA-AR_2015
913
In the insurance market, Gjensidige faces challenges from both traditional Norwegian financial players and new companies. Increased digitalisation and new business models entail new challenges. Emphasis is therefore placed on Gjensidige’s ability to quickly adapt to consumers’ wishes for new service channels, and its a...
148
annual_report
4130
969
Net investment income for the year ended December 31, 2009 was $41.7 million as compared to net investment loss of $(63.5) million in 2008. Net investment income in 2009 reflected increases in income from trading, limited partnerships and commercial loan portfolios. Trading portfolio income of $4.5 million resulted pri...
294
10K
gb_prudential-AR_2015
3,878
C4.1 Movement and duration of liabilities continued C4.1(b) Asia insurance operations i Analysis of movements in policyholder liabilities and unallocated surplus of with-profits funds A reconciliation of the total policyholder liabilities and unallocated surplus of with-profits funds of Asia insurance operations from t...
59
annual_report
SwissReAG-AR_2003
443
CHF millions 2002 2003 h) Gross premiums written by line of business
12
annual_report
NatixisSA-AR_2016
9,592
Percentage of women promoted (as a %) (c) 61.4 60.3 57.6
11
annual_report
4955
859
We anticipate that as we continue to add customers and increase our IIF, our expenses will also continue to increase. In addition, as a result of the increase in our IIF, we expect that our net premiums earned will grow faster than our underwriting and other expenses resulting in a decline in our expense ratio.
55
10K
ScorSE-AR_2016
1,384
Each of the performance conditions set out below has been fully met, bringing the share acquisition rate to 100%. In addition to the performance conditions described below, the absolute appliance of Group’s ethical principles as described in the Code of Conduct of SCOR Group was required.
46
annual_report
2075
567
The maximum retention for each loss occurrence on workers’ compensation policies was $250 subject to $2,000 in annual aggregate losses on the $250 excess $250 layer. In July 2000, PICO modified the terms of the deductible from a fixed $2,000 to 2.0% of earned premium.
45
10K
4834
815
The following table presents the results of our asset/liability products segment for the years ended December 31, 2013, 2012 and 2011. These results include revenues and expenses from transactions with the Company’s other segments.
34
10K
4839
607
Other earnings include interest and dividends from a portfolio of fixed maturity and equity investments and our share of the earnings of a commercial mortgage servicing business in which we own a 50% interest. Other earnings previously included interest income from a relatively small number of long-held commercial real...
152
10K
5242
646
The decrease in net realized capital gains in 2015 from 2014 primarily reflects lower gains from the debt securities portfolio and a $25.8 million capital loss due to an impairment charge related to a write-off of our investment in ORX, partially offset by higher gains for the equity securities portfolio. Realized capi...
159
10K
4568
1,261
Derivative instruments are stated at fair value based on market prices. Gains and losses arising from forward contracts are a component of realized gains and losses in the accompanying consolidated and combined statements of income. Gains and losses arising from foreign currency swaps are reflected in other comprehensi...
66
10K
2221
338
For the twelve months ended December 31, 2003 and 2002, operations generated net operating cash flow of $12.3 million and $17.2 million, respectively. During the year ended December 31, 2003 gross cash flow from operations generated approximately $18.9 million, mostly by an increase in unpaid loss and loss adjustment e...
84
10K
INGGroepNV-AR_2020
3,110
Association are amended. For flexibility purposes and in line with the Bank Resolution and Recovery
15
annual_report
2890
505
The increase in reinsurance recoverables of $45.0 million at December 31, 2005 compared to 2004 is attributable primarily to increased recoverables from catastrophe reinsurers related to hurricanes Katrina, Rita and Wilma.
31
10K
AegonNV-AR_2019
2,947
Aegon the Netherlands updated its capitalization zones as a result of higher capital sensitivities arising from the adoption of the new Dynamic VA model in 2018, and the exclusion of Aegon Bank from the Solvency II capital ratio. These changes were effective per the second quarter of 2019. The Group capitalization zone...
54
annual_report
BeazleyPLC-AR_2018
1,083
• the impact of Brexit was discussed and monitored during the year. Potential outcomes were considered and actions taken to mitigate the impact where possible. The impact on the estimates and judgements contained within this report were considered and deemed immaterial.
41
annual_report
PhoenixGroupHoldingsPLC-AR_2013
2,552
The divested businesses represent the entire Ignis Asset Management reportable segment disclosed in note 5. The net assets included within the statement of consolidated financial position as at 31 December 2013, in respect of Ignis Asset Management, were £241 million. The contribution of Ignis Asset Management to Group...
73
annual_report
3626
1,015
Warrantech In February 2007, the Company participated with H.I.G. Capital, a Miami-based private equity firm, in financing H.I.G. Capital’s acquisition of Warrantech Corporation (“Warrantech”) in a cash merger. The Company contributed $3.8 million for a 27% equity interest in Warrantech. Additionally, the Company provi...
216
10K
5037
1,421
at any time on or after July 15, 2019 until the close of business on the second scheduled trading day immediately preceding the maturity date.
25
10K
2911
1,207
The deposits we receive on accumulation products are not recorded as revenue but instead as a policyowner liability. Surrender charges collected on accumulation products are recorded as revenue and shown as a product charge. Product charges increased in 2005 and 2004 as compared to the respective prior years due to the...
55
10K
5509
882
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2018, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring O...
64
10K
gb_prudential-AR_2019
2,008
Note In addition to acting as search consultant in respect of the appointment of the Chair, the Chair of the Risk Committee and certain executive hires, Egon Zehnder also provides support for senior development assessments. Talent Intelligence also provides additional succession planning support to the Group below Grou...
67
annual_report
5616
2,350
The Company leases administrative and marketing office space in approximately 17 cities (excluding the home office building), with most leases being for periods less than one year to nine years. The Company had rental expense of $8.3 million, $7.8 million, and $6.7 million, for the years ended December 31, 2018, 2017, ...
85
10K
4443
945
During the year ended December 31, 2011, ILIAC did not pay any dividends on its common stock to its Parent. During the year ended December 31, 2010, ILIAC paid a $203.0 dividend on its common stock to its Parent. On December 22, 2011 and October 30, 2010, IFA paid a $65.0 and $60.0, respectively, dividend to ILIAC, its...
64
10K
AegonNV-AR_2019
1,101
Board, the Company's general course of affairs and the business connected with it. The Supervisory Board also assists the Executive Board by giving advice. Other powers of the Supervisory Board include the prior approval of certain important resolutions of the Executive Board. Members of the Supervisory Board are appoi...
63
annual_report
RSAInsuranceGroupPLC-AR_2019
4,185
Changes in the fair value of the investments in subsidiaries are recognised directly in equity in the statement of comprehensive income which is not re-classified through profit or loss on de-recognition.
31
annual_report
2183
320
The accumulated benefit obligation for the Plans was $172.2 and $144.1 for the 2003 and 2002 plan years ended relative to the above measurement dates, respectively.
26
10K
fr_axa-AR_2005
1,774
As for the corporate bonds market, credit spreads were relatively stable over the year. Globally, sustained growth, low volatility, good credit quality and positive technical factors all supported good return on corporate bonds (+5% on average for the year).
39
annual_report
GjensidigeForsikringASA-AR_2012
2,707
Claims incurred, but not reported 13,376.3 (143.3) 13,233.0 11,803.0 (26.7) 11,776.3
11
annual_report
4545
932
From December 31, 2010 to December 31, 2011 our membership increased as a result of:
15
10K
3237
456
The net effect of these items was to reduce operating margin by 1 percent. The remaining decline in operating margin was mainly attributable to: the $119 million reduction in market remuneration; increased retention and recruitment costs; the impact of foreign currency translation; and the effect of Stewart Smith which...
54
10K
HiscoxLtd-AR_2012
1,009
Property – marine and major assets 86,882 41,829 34,942 5,242 168,895
11
annual_report
835
373
At December 31, 1997 and 1996, the Company did not hold any unrated or less-than-investment grade corporate debt securities. The Company also invests in subsidized and unsubsidized student loans totaling $244,361 and $514,483 at December 31, 1997 and 1996, respectively, which are guaranteed by the U.S. government. Subs...
63
10K
3876
1,746
The following table provides information on fixed maturity securities with gross unrealized losses by rating as of December 31, 2008.
20
10K
LloydsBankingGroupPLC-AR_2015
3,201
We assessed whether the extent of the disclosures made, in particular, in relation to contingent liabilities and judgements was appropriate.
20
annual_report
NatixisSA-AR_2013
7,846
The income recognized on the activation of guarantees amounted to €11,083,307.51 in the 2013 fi nancial year.
17
annual_report
ScorSE-AR_2017
1,209
SCOR Global P&C’s combined ratio ≤100% on average in 2013 and 2014 93% Yes
14
annual_report
4705
1,236
We evaluate the financial condition of our reinsurers and monitor concentrations of credit risk arising from similar geographic regions, activities, or economic characteristics of the reinsurers to minimize our exposure to significant losses from reinsurer insolvencies.
36
10K
SwissLifeHoldingAG-AR_2004
561
Supervisory and control instruments vis-à-vis the auditors The Audit Committee maintains regular contact with the external auditors. The Audit Committee assesses the quality of the external reporting, ascertains the independence of the statutory auditors and identifies possible conflicts of interest. Representatives fr...
86
annual_report
4864
2,176
There were no significant intersegment transactions during the year ended December 31, 2014, 2013, and 2012.
16
10K
4243
624
Net realized gains on investments, available-for-sale during the year ended June 30, 2009 included $2.5 million in net realized gains from the sales of securities as previously noted. Net realized gains on investments, available-for-sale during the year ended June 30, 2009 also included $2.4 million of charges related ...
98
10K
5658
1,025
Tax cost (benefit) of $23,839, $6,203 and $nil for the years ended December 31, 2018, 2017 and 2016, respectively. Tax impact is estimated by applying the statutory rates of applicable jurisdictions.
31
10K
AegonNV-AR_2019
4,717
th er n o n -fin an cial in fo rm atio n months or less and leases of low-value assets, including small office equipment. The Group recognizes the lease payments associated with these leases as an expense on a straight-line basis over the lease term.
46
annual_report
de_allianz-AR_2009
1,172
We will maintain a defensive port folio, managed under a sustainable investment strategy and generating a reliable stream of coupons and dividend yields.
23
annual_report
2849
646
Carried reserves established in addition to those reported by the ceding companies totaled approximately $52,974,000 at December 31, 2005. Since many ceding companies in the HORAD book of business do not report IBNR reserves, Employers Mutual establishes a bulk IBNR reserve to cover the lag in reporting. For the few ce...
119
10K
4095
1,795
revenues decreased $156 million, from $578 million in 2008 to $422 million in 2009, primarily reflecting lower revenues in the global commodities group. This decrease also reflects lower revenues from the segment’s asset management businesses, primarily in our Korean operation.
40
10K
fr_axa-AR_2008
5,482
Equity securities designated as at fair value through profit or loss (b) 657 (581) (4,365) – (4,289)
17
annual_report
HannoverRueckSE-AR_2011
4,834
As at the balance sheet date altogether 2,217 (2,192) staff were employed by the Hannover Re Group, with 1,110 (1,089)
20
annual_report
Sampoplc-AR_2006
3,905
Gross premiums written Total premiums received during the financial year or taken up as a receivable at the end of the year.
22
annual_report
1670
404
Replacement of current business. In order to maintain the Company's operations it will have to replace revenues lost due to the termination of both the Island Group and Robert Plan contracts and the reduction of Millers American, Clarendon and Arrowhead business. Without the replacement of these revenues the Company wi...
93
10K
DirectLineInsuranceGroupPLC-AR_2019
3
Our vision is to create a world where insurance is personal, inclusive and a force for good.
17
annual_report
5949
1,526
At December 31, 2020, the consolidated RBC ratio of our insurance subsidiaries exceeded the minimum RBC requirement included in our Revolving Credit Agreement. See the note to the consolidated financial statements entitled "Notes Payable - Direct Corporate Obligations" for further discussion of various financial ratios...
89
10K
4617
1,591
As of December 31, 2012, loss and LAE reserves include $1.2 billion of reserves for expected future payments offset by expected recoveries of such future payments of $332 million. As of December 31, 2011, loss and LAE reserves included $1.4 billion of reserves for expected future payments offset by expected recoveries ...
155
10K
AegonNV-AR_2016
5,122
Capital adequacy Until 31 December 2015, the Solvency I regulatory capital requirements continued to play a dominant role in the management of
22
annual_report
Sampoplc-AR_2000
929
Profit and Loss Account, the amortisation of premiums and discounts is accrued as interest receivable or interest payable over the life of the contract. If the probable value of a loan or advance is estimated at lower than the book value, the loan or advance is stated in the Balance Sheet at this estimated value.
55
annual_report
5658
1,831
AXIS Ventures Limited ("AXIS Ventures"), regulated by the BMA as an insurance manager, generates fee income from services provided to strategic capital partners. AXIS Ventures Reinsurance Limited ("Ventures Re") is a Bermuda domiciled insurer and is a registered segregated accounts company under the Bermuda Segregated ...
69
10K
5110
830
The Company has commitments in the form of operating leases, commitments to fund limited partnerships, subordinated notes, and unpaid losses and loss expense obligations. As of December 31, 2015, contractual obligations related to Global Indemnity’s commitments, including any principal and interest payments, were as fo...
45
10K
ScorSE-AR_2012
2,179
Total 202,005 1,485,220 François de Varenne 2005 Plan 7,000 17.97 125,790 09/01/2007
12
annual_report
4702
2,068
Changes in deferred acquisition costs were as follows (dollars in millions):
11
10K
2863
849
The following table presents details of our other intangible assets included in other non-current assets in the accompanying consolidated balance sheets at December 31, 2005 and 2004:
27
10K
PowszechnyZakladUbezpieczenSA-AR_2016
1,196
Last year, over 13 thousand agents were implemented following pilot tests in external distribution channels
15
annual_report