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2391
1,341
In our Protection segment, the pricing and expected future profitability of our term life and long-term care insurance products are based in part on expected investment returns. Over time, term life and long-term care insurance products generally produce positive cash flows as customers pay periodic premiums, which we ...
108
10K
AvivaPLC-AR_2004
1,487
(b) The directors have been advised by the Group’s reporting actuary that the assets of each of the long-term operations were at least sufficient to meet their respective liabilities at 31 December 2004.
33
annual_report
4879
654
The following table displays policy reserves, incurred claim reserves, and IBNR claim reserves by major product line, with the summation of the policy reserves and claim reserves shown both gross and net of the associated reinsurance recoverable. Incurred claim reserves represent the expected benefits payable under eac...
148
10K
NatixisSA-AR_2017
5,972
Of which: -€237.6 million for the derecognition of the previous tax loss on the tax consolidation group in France mainly related to the decrease in (b) the corporate tax rate as of 2020 (derecognition of -€158 million at December 31, 2016), and +€104.7 million in income on deferred tax assets on US platforms in light o...
73
annual_report
AegonNV-AR_2008
167
The global financial crisis, which took hold in the third quarter of 2008, has left the insurance industry facing a number of important challenges, including: A downturn in the world’s leading economies; ��
33
annual_report
2776
1,150
Management has determined that the best estimate for gross loss and loss adjustment expense reserves at December 31, 2005, 2004 and 2003 was $1,781.9 million, $549.5 million and $249.8 million, respectively.
31
10K
5731
663
In addition to presenting net earnings (losses) attributable to Enstar Group Limited ordinary shareholders and diluted earnings (losses) per ordinary share determined in accordance with U.S. GAAP, we believe that presenting non-GAAP operating income (loss) attributable to Enstar Group Limited ordinary shareholders and ...
59
10K
LloydsBankingGroupPLC-AR_2019
6,094
The inflation assumption sensitivity applies to both the assumed rate of increase in the Consumer Prices Index (CPI) and the Retail Prices Index (RPI) , and include the impact on the rate of increases to pensions, both before and after retirement. These pension increases are linked to inflation (either CPI or RPI) subj...
59
annual_report
gb_prudential-AR_2014
4,678
Post-tax operating profit based on longer-term investment returns 1,900 1,528 726 4,154 (58) 4,096
14
annual_report
5802
1,112
A.M. Best indicates 2019 personal lines direct written premiums for the U.S. property casualty industry grew slightly less than 4%, based on industry data reported through the first nine months of 2019. Growth for our personal lines insurance segment direct written premiums in 2019 exceeded the industry by nearly one p...
95
10K
SwissLifeHoldingAG-AR_2008
2,500
for 60% of the loss (after recovery of collateral), EUR 8.5 billion in total, against the overall guarantee amounting to EUR 14.2 billion. The German insurance companies’ proportion thereof is EUR 1.4 billion. The Swiss Life Group’s share amounts to EUR 19.6 million.
43
annual_report
5071
4,122
The 2013 Plan was adopted at the 2013 Annual Meeting of Shareholders and provides for the grants of share-based awards to our employees and non-employee directors. The total number of shares that may be granted under the 2013 Plan (the reserve) is the sum of 1) 45 million shares of AIG Common Stock, plus 2) the number ...
83
10K
5481
1,849
Net written premiums. Net written premiums increased $4.0 million, or 0.5%, to $883.0 million for the year ended December 31, 2016 from $879.0 million for the year ended December 31, 2015. The increase in net written premiums resulted from the increase of gross written premiums for the year ended December 31, 2016 comp...
130
10K
5667
1,592
Our investment portfolio continues to be primarily composed of high quality fixed income securities with approximately 94% of our fixed maturities being investment grade securities as determined by national rating agencies. The weighted average effective duration of our fixed maturity securities at December 31, 2019 wa...
66
10K
AssicurazioniGeneraliSpA-AR_2017
3,502
U nr ea lis ed in co m e an d ga in s o n in ve st m en ts fo r th e be ne fit o f p ol ic yh ol de rs w ho b ea r th e in ve st m en t r is k an d re la tin g to th e ad m in is tr at io n of p en sio n fu nd s .
80
annual_report
HelvetiaHoldingAG-AR_2014
2,528
Present value liabilities from finance lease 2.5 10.1 12.5 25.1 28.1
11
annual_report
ScorSE-AR_2012
2,451
SCOR regularly conducts TPI searches to find out the number and identity of its bearer shareholders. The results of those analyses are presented in the following table: TPI Date December 2009 December 2010 December 2011 December 2012
37
annual_report
3688
637
SOP 05-1 applies to all modifications and replacements made to contracts defined by SFAS No. 60, Accounting and Reporting by Insurance Enterprises and SFAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments. The SO...
135
10K
StorebrandASA-AR_2002
447
the overall credit risk in its lending portfolio. Gross lending to customers amounted to NOK 14 326 million at 31 December 2002.
22
annual_report
SwissReAG-AR_2005
1,080
Mr Albers joined Swiss Re as head of Product Controlling in 1994, after having worked for over three years with Boston Consulting Group. In 1996 he became head of property and casualty business in Canada and, in 1999, in the UK. Mr Albers was appointed to the Executive Board in January 2002. In June 2002, he became Hea...
85
annual_report
LloydsBankingGroupPLC-AR_2008
1,682
The comparative position as at 31 December 2007 was as follows (again, relating to Scottish Widows plc only): Non- Total With Profit Participating Long Term Shareholder
26
annual_report
AvivaPLC-AR_2007
398
Long-term new business sales were up 25% to £38,583 million (2006: £30,762 million), comprising a 22% increase in life and pension sales of £31,600 million (2006: £25,852 million) and 41% growth in investment sales of £6,983 million (2006: £4,910 million).
40
annual_report
4686
1,748
Other Income is comprised primarily of commission and fee income from our agency operations, other fee revenues, rental income and other miscellaneous revenues. The revenue is not a principal source of income and often varies among periods. The decrease in 2012 as compared to 2011 primarily reflected other income of $4...
82
10K
5237
1,705
Net investment income. Net investment income increased by $22.9 million, or 43.7%, from $52.4 million for the year ended December 31, 2014 to $75.3 million for the year ended December 31, 2015, primarily due to an increase in average invested assets as a result of our (i) capital raising activities in the first half of...
75
10K
5153
1,570
Taxes. In 2014, we realized additional tax benefits of $11 million primarily related to the filing of the Company’s U.S. federal tax return.
23
10K
RaiffeisenBankInternationalAG-AR_2005
1,438
Positive fair values of other derivative financial instruments in the banking book 25,149 43,212 of which interest rate contracts 4,112 1,604 of which exchange rate contracts 21,037 41,608
28
annual_report
AssicurazioniGeneraliSpA-AR_2015
3,640
GID-Fonds GPRET 094 EUR 99,461,953 G 11 96.79 Generali Pensionsfonds AG 96.79 96.79
13
annual_report
2062
960
Held-to-Maturity Investments: Classified as Current: Corporate Bonds............................................ $ 2,999 $ 22 $ $ 3,021 ---------- ---------- ---------- ---------- Total Current................................................. 2,999 22 -- 3,021 ---------- ---------- ---------- ----------
28
10K
NatixisSA-AR_2014
10,036
V Summary table of powers currently delegated by the Annual General Shareholders’ Meeting to the Board of Directors with respect to capital increases 414
24
annual_report
4074
2,692
Diversification. During 2009, we entered the credit and surety reinsurance and specie insurance markets, through our offices in Zurich, London and Connecticut.
22
10K
5409
1,077
Real estate investments are reported at cost less accumulated depreciation. The initial cost bases of properties acquired through loan foreclosures are the lower of the fair market values of the properties at the time of foreclosure or the outstanding loan balance. Buildings and land improvements are generally deprecia...
185
10K
4534
1,338
Our existing capital resources may not be sufficient to successfully manage Radian Guaranty’s capital position. Our ability to utilize waivers and RMAI to continue to write business if Radian Guaranty’s capital position is not in compliance with the Statutory RBC Requirements is subject to conditions that we may be una...
222
10K
DirectLineInsuranceGroupPLC-AR_2016
3,278
Financial assets that are classified as available-for-sale. Please refer to the accounting policy note 1.12 on page 130.
18
annual_report
4034
972
3. Reserve-to-Paid Method. In this method, the ratio of estimated industry reserves to industry paid-to-date losses is multiplied by our paid-to-date losses to estimate our reserves. Specific considerations in the application of this method include the completeness of our paid-to-date loss information, the potential ac...
176
10K
5491
3,185
The Commercial Lines market continues to be highly competitive, with increased pressure on rates, particularly in Europe and the Asia Pacific region, due to increased market capacity. Despite this, we are continuing to grow our most profitable segments across all regions and are maintaining market leadership in key dev...
70
10K
gb_prudential-AR_2014
1,116
o rp o rate resp o n sib ility rev iew 65 Prudential plc Annual Report 2014 promote—cognitive—development,—enabling— children—to—benefit—from—future—schooling,— and—preventing—repetition—of—grades—and— drop-outs.—First Read—also—works—closely— with—local—book—publishers—to—help—develop— and—create—new—books—written—in—...
30
annual_report
1971
1,193
Property and equipment, net at December 31, 2002, consist of the following:
12
10K
1572
666
Percent Increase Year Ended December 31, Decrease ----------------------- -------- 1998 to 1999 to 1998 1999 2000 1999 2000 ---- ---- ---- ---- ---- (In thousands)
25
10K
10
188
previously discussed events, that the financial condition of ICH and its insurance subsidiaries has significantly improved and that, as a result, the possibility exists for upgrades in such financial and claims paying ratings. ICH has arranged for meetings with all applicable rating agencies in March 1994, but there ca...
64
10K
SwissReCorporateSolutions-AR_2014
79
Net unrealised gains/losses, net of tax Balance as of 1 January 113 98 Changes during the period –15 18 Balance as of period end 98 116
26
annual_report
4546
799
Compensation expense related to Stock Option Awards is calculated under the fair value method and is recorded on a straight-line basis over the vesting period. There were no Stock Option Awards granted during the six months ended December 31, 2011 and the years ended June 30, 2011 and 2010. At December 31, 2012, the we...
72
10K
RaiffeisenBankInternationalAG-AR_2012
756
hereof foreign currency % 73.5% 74.2% (0.7) PP 73.5% 74.7% (1.2) PP
12
annual_report
gb_prudential-AR_2004
735
Compliance with the Directors’ Remuneration Regulations This report has been approved by the Board and, as required by The Directors’ Remuneration Report Regulations 2002 (the Regulations), a resolution will be put to shareholders at the Annual General Meeting inviting them to consider and approve it. This report compl...
75
annual_report
4643
834
The following is a summary of our stock option activity and related information for 2012, 2011 and 2010 (in millions, except exercise price and year data):
26
10K
AegonNV-AR_2010
3,049
The periods when the cash flows are expected to occur are as follows: < 1 year years 2010 Total
19
annual_report
AegonNV-AR_2011
5,056
Movements in the number of treasury shares were as follows: Number of shares (thousands)
14
annual_report
StorebrandASA-AR_2020
2,218
There is uncertainty linked to the valuation of fixed-rate loans recorded at fair value, due to variation in the interest rate terms offered by banks and since individual borrowers often have different credit risks.
34
annual_report
4974
1,420
The Registrant provides certain centralized medical and administrative services to its subsidiaries pursuant to administrative services agreements, including medical affairs and quality management, health education, credentialing, management,
27
10K
ASRNederlandNV-AR_2013
1,902
Change in DPF component -2 - Other changes -1 54 3. Loans to group companies
15
annual_report
147
253
The Company has purchased insurance policies, customary in the retail pharmacy industry, including product liability coverage, of a type and amount which management deems adequate. The Company is not licensed to practice medicine and, as a result, is unable to obtain medical malpractice coverage. The Company requires a...
59
10K
4996
1,050
As of December 31, 2014, the Company held insurance enhanced asset-backed and credit securities with a market value of approximately $35.8 million. Approximately $16.4 million of these securities were tax-free municipal bonds, which represented approximately 1.1% of the Company’s total cash and invested assets, net of ...
143
10K
fr_axa-AR_2019
10,632
FCP Mutual funds and to the average share price over the last month before the balance sheet date for the other securities.
22
annual_report
SwissReCorporateSolutions-AR_2015
432
Interest expenses on subordinated liabilities 0 0 Other income 37 32 Other expenses –8 –7 Income before income tax expense 332 222 Income tax expense –44 –44 Net income 288 178
31
annual_report
4335
728
the quoted market price of an individual equity security, therefore, need not be the sole measurement basis of the fair value of a reporting unit.
25
10K
2659
514
At May 31, 2004 and 2003, non-current restricted accounts include $0.3 million of cash held in trust in connection with the Company’s Directors and Officers liability insurance policy. During Fiscal 2003, the Company surrendered one license held by an inactive Michigan subsidiary and, as a result, approximately $100,00...
57
10K
1223
275
The Company's fixed maturity portfolio totaled $250.4 million at December 31, 1999 and is heavily weighted toward U. S. government and government agency obligations and state and municipal debt securities. Over 79% of this portfolio matures within 5 years and the average life of the Company's fixed maturity investments...
115
10K
NatixisSA-AR_2020
5,753
The best case and worst case economic scenarios aim to represent the uncertainty surrounding the estimated economic variables in the central scenario.
22
annual_report
5095
1,072
We use a two-step process to review goodwill for impairment. The first step is a screen for potential impairment, and the second step measures the amount of impairment, if any. Our strategy, long-range business plan, and annual planning process support our goodwill impairment tests. These tests are performed, at a mini...
290
10K
SwissReAG-AR_2007
1,576
Actuarial gains arising from experience adjustments as well as changes in actuarial assumptions for the benefit obligation resulted in an unrealised gain in 2007 of CHF 623 million net of deferred tax impact.
33
annual_report
5691
941
We consider these non-operating adjustments to be meaningful adjustments to net income available to AHL common shareholders for the reasons discussed in greater detail above. Accordingly, we believe using a measure which excludes the impact of these items is useful in analyzing our business performance and the trends i...
107
10K
5795
675
We calculate the percentage of prior year redundancies in the current year as a percent of prior year net incurred medical claims to indicate the percentage of redundancy included in the preceding year calculation of current year net incurred medical claims. We believe this calculation supports the reasonableness of ou...
102
10K
fr_axa-AR_2011
5,260
Canadian Dollar 1.7 1.2 In respect of the Canadian business in the form of derivatives
15
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009
337
international subsidiaries to assume Munich Re brand pioneer in developing solutions for future challenges
14
annual_report
AdmiralGroupPLC-AR_2016
1,216
Henry Engelhardt continues to be employed by the Group, though has not been an Executive Director since stepping down from the Group Board on 13 May 2016.
27
annual_report
NatixisSA-AR_2015
4,877
Financial liabilities in this category are carried at fair value at the reporting date and shown in the balance sheet as “Financial liabilities at fair value through profi t and loss”. Changes in fair value, including internal credit risk (the issuer spread), are recognized in the income statement under “Gains or losse...
64
annual_report
482
330
Interest Expense. Interest expense in 1996 was $18.3 million as compared to $13.3 million in 1995. The increase was primarily due to interest expense on the SIG Senior Notes, which were assumed in conjunction with the SIG Merger, and additional borrowings under the Credit Agreement in 1996 to fund the SIG Merger partia...
87
10K
AvivaPLC-AR_2008
3,664
Notes to the consolidated financial statements continued 52 – Cash flow statement continued (b) Cash flows in respect of the acquisition of subsidiaries, joint ventures and associates: £m
28
annual_report
5625
1,154
We also have several foreign benefit plans, the largest of which is a defined contribution plan that provides for us to make contributions of 5.0% of eligible compensation. In addition, the plan allows for voluntary contributions by U.K. employees, which we match 100%, up to a maximum of an additional 5.0% of eligible ...
75
10K
5609
9,687
The gains (losses) on derivative instruments (in millions) recorded within income (loss) from continuing operations on our Consolidated Statements of Comprehensive Income (Loss) were as follows:
26
10K
NatwestGroupPLC-AR_2011
389
Our commitment to Helpful Banking means we are working to make our customers’ lives easier.
15
annual_report
AssicurazioniGeneraliSpA-AR_2017
1,299
Hedging transactions are those carried out in order to protect the Company from financial risks related to the value of individual assets or liabilities, groups of assets, liabilities or future operations and cash flows. For example, hedging transactions protect the Company from the volatility of interest rates, exchan...
144
annual_report
4406
1,104
During 1996, we adopted an Equity Incentive Plan for Directors. During 2001, we adopted a nearly identical plan that made 355,556 shares of Class A common stock available for issuance to our directors and those of our subsidiaries and affiliates. During 2007, we adopted a nearly identical plan that made 400,000 shares ...
170
10K
de_allianz-AR_2018
2,239
− Finally, we focus on ensuring that controls are appropriately designed and effectively executed to mitigate risk. We have set consistent documentation requirements across the Allianz Group for elements such as processes, related key controls, and execution. We conduct an annual assessment of our control system to mai...
82
annual_report
LloydsBankingGroupPLC-AR_2016
3,194
Counterparty credit risk assets decreased by £0.5 billion mainly driven by increased capital relief from CVA related hedges partially offset by increased trading activity, foreign exchange and yield curve movements.
30
annual_report
5420
1,794
In 2015, we completed a public offering of 6,600,000 of our depositary shares, each representing a 1/40th interest in a share of our 7.50% Non-Cumulative Preferred Stock, Series B, $0.01 par value per share (the “Series B Preferred Stock”), with a liquidation preference of $1,000 per share (equivalent to $25 per deposi...
327
10K
2042
1,099
Other income includes net pretax gains on the sale of real estate assets of $31.0 million in 2002, $27.2 million in 2001 and $12.4 million in 2000.
27
10K
LloydsBankingGroupPLC-AR_2009
3,631
Movements in revaluation reserve in respect of available-for-sale fi nancial assets, net of tax: Change in fair value 1,936 (2,031)
20
annual_report
SwissReAG-AR_1998
77
In October 1998, Swiss Re’s market position in Latin America was given a considerable boost by the completed acquisition of Mexican reinsurer Reaseguros Alianza S.A. for USD 102 million.The company has a strong presence throughout the region and this transaction will enable Swiss Re to penetrate significant new market ...
60
annual_report
NatwestGroupPLC-AR_2020
6,258
& Glyn, since supplemented by an additional perimeter of 200,000 customers since 25
13
annual_report
5070
659
We have audited the accompanying consolidated statements of financial position of First Trinity Financial Corporation and Subsidiaries (the Company) as of December 31, 2015 and 2014, and the related consolidated statements of operations, comprehensive income (loss), changes in shareholders’ equity, and cash flows for t...
72
10K
2272
476
Vida, Caja Madrid and Mapfre Tepeyac for MX$590.0 million Mexican Pesos ("MX$") (approximately U.S. $53.5 million). The operations of AFORE Tepeyac have been integrated into Principal International, Inc., as a part of our International Asset Management and Accumulation segment.
39
10K
4867
1,083
In addition to these impacts, results reflect business growth including the impact of higher account values, particularly within our U.S. Retirement Solutions and Investment Management Division.
26
10K
TopdanmarkAS-AR_2018
614
Note 23. Other subordinated loan capital Subordinated Subordinated Subordinated loan capital loan capital loan capital
15
annual_report
StorebrandASA-AR_2012
408
Premium income total premium income decreased by 2 per cent in 2012 compared with 2011. Premium income rose by 2 per cent for Unit Linked insurance. the proportion now accounts for 60 per cent of total premium income, an increase of 2 per cent.
44
annual_report
555
286
tion with the January 1, 1995 change in pooling percentages, State Auto P&C received approximately $46 million to cover its increased share of pool liabilities. Pursuant to the pooling arrangement, Mutual is responsible for the collection of premiums and payment of losses, loss expenses and underwriting expenses of the...
478
10K
4580
678
Mortgage Loans-We invest in commercial mortgage loans that are diversified by property-type and geography to support our insurance business. Generally, mortgage loans are secured by first liens on income-producing real estate with a loan-to-value ratio of up to 75%. Mortgage loans held-for-investment are carried at out...
63
10K
99
864
99.1 Credit Agreement dated as of January 31, 1994 amended and restated as of December 7, 1994. E-1
18
10K
SwissLifeHoldingAG-AR_2017
1,328
Financial assets pledged as collateral 12, 33 3 601 2 942 2 109
13
annual_report
RSAInsuranceGroupPLC-AR_2006
375
• In Canada, we continue to support the United Way, a charity which funds a variety of social services such as children’s development and disadvantaged families.
26
annual_report
4145
3,121
The Company’s policy is to recognize any interest accrued related to unrecognized tax benefits as a component of interest expense and penalties in the tax charge. At December 31, 2009 and 2008, the Company had accrued liabilities, relating to interest and penalties of nil and $1.0 million, respectively.
48
10K
1282
224
In 1999, cash provided by financing activities was $3.3 million primarily as a result of OGGI obtaining a $6.0 million loan to help it finance its acquisition of Southern. The $6.0 million loan has a term of five years and an interest rate of LIBOR plus 1.5%. OGGI has entered into an interest rate swap agreement to fix...
167
10K
2057
239
Cumulative effect of change in accounting principle(2)......................... 0 (8,341) 0 0 0 ------------ -------------- ------------ ------------ ------------ Net Income.............................. $ 157,394 $ 107,550 $ 129,443 $ 140,649 $ 126,464 ============ ============== ============ ============ ============
34
10K
PosteItalianeSpA-AR_2016
2,291
In detail: • Unfranked mail relates to revenue from the mailing of correspondence by large customers from the post office network, including those conducted using the Bulk Mail formula.
29
annual_report
AegonNV-AR_2016
1,511
consultancy business licensing rules, insurance laws, and personal data protection laws. In addition, various regulators also keep oversight of a number of activities undertaken by entities licensed by Aegon Insights. These regulators include the FSA
35
annual_report
1879
255
1. Business Underwritten Outside of California 2. Habitability Exposure 3. Construction Defect Exposure 4. Rate Inadequacy Within Special Risk Class of Business 5. Increased Cost of Settling Claims, Indemnity and Expense 6. Increased Cost of Reinsurance 7. Mold Exposure 8. Terrorism Exposure 9. Market Conditions and Co...
47
10K
AegonNV-AR_2017
6,567
This includes the level and volatility of reported results and shareholders’ equity. New accounting standards that are likely to have a significant impact on Aegon’s reported results, financial condition and shareholders’ equity include but are not limited to IFRS 9 –
41
annual_report
5199
277
On March 8, 2011, the Company’s Board of Directors determined, based on the criteria established under the terms of the Series B Preferred Stock, that there were insufficient funds available for the redemption of Series B Preferred Stock.
38
10K
StorebrandASA-AR_2014
1,049
Transferred amounts are classified as current receivables or liabilities until the transfer takes place.
14
annual_report
RaiffeisenBankInternationalAG-AR_2017
1,199
In order to further optimize the capital structure, on 5 July 2017 RBI issued perpetual additional tier 1 capital (AT1) with nominal value of € 650,000 thousand. Under the terms of issue the additional tier 1 capital is classified as equity under IAS 32. Taking account of the issue costs and of the discount, equity inc...
80
annual_report
AvivaPLC-AR_2009
1,535
The Committee met on six occasions in 2009 and the members’ attendance record is set out in the Corporate Governance report on page 88. Nikesh Arora ceased to be a member of the Committee on 5 August 2009 following his resignation from the Board due to his relocation to the US. The Group Company Secretary acts as the s...
62
annual_report