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2625
893
Most of our loss reserves relate to long tail liability classes of business. Long-tail classes include directors and officers liability, errors and omissions liability and other executive protection coverages, commercial excess liability, and other liability coverages. For many liability claims significant periods of t...
123
10K
5494
1,105
The following tables present a roll forward of the Company’s premiums receivable for the years ended December 31, 2017 and 2016.
21
10K
5881
1,025
and in privately negotiated transactions. We did not purchase any shares of our Class A common stock under this program during 2020 or 2019. We have purchased a total of 57,658 shares of our Class A common stock under this program from its inception through December 31, 2020.
48
10K
4434
1,229
In the fourth quarter of 2011, the Board of Directors approved a plan to repurchase up to $200.0 million of Class A common stock. The repurchase plan authorizes us to make repurchases in the open market or through privately negotiated transactions, with the timing and terms of the purchases to be determined by manageme...
81
10K
gb_prudential-AR_2017
133
18 Source: Based on formal (Competitors’ results release, local regulators and insurance associations) and informal (industry exchange) market share data. Ranking based on new business (APE or weighted FYP depending on the availability of data).
35
annual_report
4191
3,080
Restricted commercial mortgage loans. Based on recent transactions and/or discounted future cash flows, using current market rates.
17
10K
212
412
The Registrant's estimates are developed from its own experience using independent actuarial analysis and advice from its ceding reinsurers. Additionally, the Registrant uses available industry information on similar lines of insurance coverage to establish its reserves. The Registrant believes that the combined liabil...
64
10K
5104
1,227
Consolidated cash flow from operations increased 3.5% in 2015, compared with 2014. The following table summarizes operating cash flows by source for the years ended December 31.
27
10K
gb_prudential-AR_2005
719
In addition, reserve adequacy testing under a range of scenarios and dynamic solvency analysis is carried out, including certain scenarios mandated by the US, the UK and Asian regulators.
29
annual_report
NatixisSA-AR_2006
1,804
Two funds under direct management, FIDEME and FIDEPPP, together with a fund managed under mandate, Europe Carbon Fund (ECF), have more than €390 million invested in sustainable development, managed by some twenty specialists in the energy, climate and infrastructure sectors.
40
annual_report
4708
799
At December 31, 2013, annual estimated aggregate amortization expense for intangible assets subject to amortization was as follows:
18
10K
NatwestGroupPLC-AR_2020
3,151
The capped approach reflects NatWest Group practice of a creditbased review of customers prior to credit card issuance and complies with IFRS 9. Benchmarking information indicates that peer UK banks use behavioural approaches in the main for credit card portfolios with average durations between three and ten years. Acr...
63
annual_report
4786
884
We operate as a single business segment through our wholly-owned subsidiaries: (i) Blue Capital Re, a Bermuda exempted limited liability company registered as a Class 3A insurer in Bermuda, which offers collateralized reinsurance; and (ii) Blue Capital Re ILS, a Bermuda exempted limited liability company which conducts...
69
10K
3249
1,505
In 2006, net realized losses on investments were $116.5 million which includes $390.4 million of gross realized losses on fixed income and $88.5 million of gross realized losses on equity securities. Gross realized losses in 2006 included $151.4 million of provisions for declines in fair value considered to be other th...
154
10K
SwissReAG-AR_1933
17
Investments have been valued at the market prices ruling in December, where quotations were available, and in other cases the valuation is as warranted by prevailing conditions, in accordance with our usual practice.
33
annual_report
4341
861
Net cash provided by operations was $61.9 million for the year ended December 31, 2011, and $59.6 million for the year ended December 31, 2010.
25
10K
5260
840
The acquisition of Anchor resulted in the recognition of intangible assets and goodwill valued at $4.5 million and $2.7 million, respectively. The Company recorded an adjustment to the purchase price allocation and amortization related to the identified intangible assets during the fourth quarter of 2015. Atlas recogni...
112
10K
TrygAS-AR_2019
528
Born in 1958. Joined the Supervisory Board in 2013. Danish citizen. Career: Group Managing Director of Lif (Medicine and Healthcare Industry), CEO of the subsidiary DLI A/S (Danish Medicine Information) and the subsidiary ENLI ApS (Ethical Board for the Pharmaceutical Industry). Education: MSc in Political Science (can...
88
annual_report
4303
843
Reinsurance recoverables (including amounts related to claims incurred but not reported (“IBNR”) and prepaid reinsurance premiums) are reported as assets. Amounts recoverable from reinsurers are estimated in a manner consistent with the claim liability associated with the reinsured business. Ceded premiums are charged ...
57
10K
3655
1,003
The table that follows summarizes Berkshire’s commodity price risk on energy derivative contracts of MidAmerican as of December 31, 2008 and 2007 and shows the effects of a hypothetical 10% increase and a 10% decrease in forward market prices by the expected volumes for these contracts as of that date. The selected hyp...
71
10K
HiscoxLtd-AR_2012
835
Actuarial gains and losses are only recognised when the net cumulative unrecognised actuarial gains and losses for each individual plan at the end of the previous accounting period exceeds 10% of the higher of the defined benefit obligation and the fair value of the plan assets at that date. Such actuarial gains or los...
123
annual_report
4331
954
In 2010, the Company renamed its operating segments, with the Risk and Insurance Brokerage Services segment now being called Risk Solutions and the Consulting segment now being called HR Solutions.
30
10K
fr_axa-AR_2014
6,733
Non Life – locked-in discount rate (b) 4,324 3.61% 4,177 3.82%
11
annual_report
2752
1,207
Total revenues for 2005 were $144.3 million, a 40.3% increase over 2004 revenues of $102.8 million. Total revenues for 2003 were $95.1 million. The inclusion of Security Plan (Home Service segment) for all of 2005 contributed $49.7 million in revenues, compared to $12.3 million in 2004. Total revenues from our Internat...
162
10K
AegonNV-AR_2015
873
The CRR has applied across all EU member states since January 1, 2014. The CRD IV and CRR frameworks include requirements with respect to capital adequacy, and introduce requirements with respect to the counterparty risk relating to derivative transactions, a new liquidity framework (liquidity coverage ratio and net st...
81
annual_report
NatixisSA-AR_2019
7,144
The impairment criteria for non-amortizing securities categorized as available-for-sale assets are as follows: automatic impairment if there are unrealized losses of more thanV 50% at the reporting date; automatic impairment if there are unrealized losses for a period ofV more than 24 consecutive months; case-by-case a...
72
annual_report
SwissReAG-AR_2015
679
Our differentiation strategy is successful and well-acknowledged by our clients. We continue to execute this strategy while focusing on the bottom line in a softening market environment. We will reduce capacity for flow business and focus on large and tailored transactions.
41
annual_report
3097
1,312
Our property catastrophe reinsurance gross premiums written continue to be characterized by an increasing percentage of U.S. and Caribbean premium as we have not found similarly attractive
27
10K
500
411
Future minimum rental payments above have not been reduced by $48 million of anticipated sublease rental income on noncancelable leases.
20
10K
5472
1,085
Investing activities were primarily net sales (purchases) of fixed-maturity and short-term investment securities, acquisitions and FG VIEs. Investing cash flows in 2017, 2016 and 2015 include inflows of $147 million, $629 million and $400 million from paydowns on FG VIE assets, respectively. The increase in inflows fro...
63
10K
4708
461
Broadspire segment revenues before reimbursements increased 5.6% to $252.2 million in 2013 compared with $239.0 million in 2012. Unit volumes for the Broadspire segment, measured principally by cases received, increased 13.5% from 2012 to 2013. Approximately 2.1% of the volume increase for 2013 compared with the same p...
194
10K
INGGroepNV-AR_2009
2,827
The following risk disclosures provide more insight into how the risk measures used by the risk organisation are linked to the Group risk dashboard and Group Economic Capital.
28
annual_report
3992
9,399
Corporate bonds, including publicly traded, privately placed and hybrid securities, totaled $27.54 billion as of December 31, 2009 with an unrealized net capital gain of $225 million. Privately placed securities primarily consist of corporate issued senior debt securities that are in unregistered form or are directly n...
84
10K
SwissReAG-AR_2013
154
For details of Group financial performance, please see pages 22–23 of the 2013 Financial Report.
15
annual_report
NatixisSA-AR_2008
4,398
Coface is exposed are short-term, which allows it to reduce the risk covered for a debtor or a group of debtors relatively quickly after having noticed a deterioration in its solvency.
31
annual_report
Sampoplc-AR_2020
99
Balance sheet (at end of period) 10.0343 10.5713 10.4948 11.0613 10.4468 10.6958
12
annual_report
RaiffeisenBankInternationalAG-AR_2008
2,474
Call/time deposits for trading purposes – 10,572 – – 39,449 –
11
annual_report
PhoenixGroupHoldingsPLC-AR_2020
3,602
E. FINANCIAL ASSETS & LIABILITIES continued E1. Fair Values continued Deposits from reinsurers It is the Group’s practice to obtain collateral to cover certain reinsurance transactions, usually in the form of cash or marketable securities. Where cash collateral is available to the Group for investment purposes, it is r...
71
annual_report
Sampoplc-AR_2008
2,090
Defined benefit plans at 31 Dec. 390 406 405 359 302
11
annual_report
GjensidigeForsikringASA-AR_2010
2,055
growth reduced by 2 % compared to expected next 3 years
11
annual_report
5769
1,367
During the years ended December 31, 2019 and 2018, we were not required to recognize an other-than-temporary impairment. During the year ended December 31, 2017 we recognized an other-than-temporary impairment on equity securities amounting to $49 thousand. The impairment analysis indicated that, none of the securities...
129
10K
RaiffeisenBankInternationalAG-AR_2013
1,032
The Southeastern Europe segment comprises Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Romania and Serbia. In these countries, RBI is represented by banks, leasing companies, as well as, in some markets, by separate capital management and asset management companies and pension funds. In Albania and Bulga...
146
annual_report
Sampoplc-AR_2001
1,980
63 CONSOLIDATED STATEMENT OF CHANGES IN CAPITAL AND RESERVES 1 JAN. - 31 DEC. 2001
15
annual_report
BaloiseHoldingLtd-AR_2001
712
Cash flow from increase in share of investments held - 284.4 - 38.4
13
annual_report
SwissReAG-AR_1943
20
Surety and Fidelity Guarantee and all other Miscellaneous Branches produced an appreciable profit.
13
annual_report
de_allianz-AR_2019
3,415
or multiple methods (market approach). For certain investments, the capital invested is considered to be a reasonable proxy for the fair value. In these cases, sensitivity analyses are also not applicable.
31
annual_report
4370
3,020
(u) Earnings (loss) per share: Basic earnings or loss per share and diluted loss per share are based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and stock splits. Diluted earnings per share is based on those shares used in basic earnings per share plus shares tha...
79
10K
gb_prudential-AR_2011
2,352
c Accounting pronouncements endorsed by the EU but not yet effective The following accounting pronouncements potentially relevant to the Group have been issued and endorsed for use in the EU but are not mandatory for adoption for the 31 December 2011 year end.
43
annual_report
4578
1,156
the impact of the exhaustion of primary limits and the resulting increase in claims on excess liability policies we have issued;
21
10K
NatixisSA-AR_2018
2,009
Average performance achieved over the two years prior to leaving (the measurement shall be based on the known results for the four quarters(1) prior to leaving).
26
annual_report
5027
1,614
The loss before income taxes from our Corporate & Other segment decreased by $184.7 million for the year ended December 31, 2014 compared to 2013. This was primarily due to asset impairment charges related to APS Healthcare in 2013 totaling $189.4 million, improved profitability of our APS Healthcare business, corporat...
87
10K
4064
637
For each line of business and coverage, we regularly adjust the assumptions and actuarial methods used in the estimation of loss reserves in response to our actual loss experience, as well as our judgments regarding changes in trends and/or emerging patterns. In those instances where we primarily utilize analyses of hi...
141
10K
NatixisSA-AR_2011
447
In 2011, over 275,000 professional customers signed a national agreement with CAPEB (4), an association of craftspeople and small businesses in the building trades, and partnership agreements on commerce arranged with several brands. New products and services for factoring and employee savings were launched along with ...
96
annual_report
5602
13,877
The U.S. Life and Retirement companies manage the capital impact of their statutory reserve requirements, including those resulting from the NAIC Model Regulation “Valuation of Life Insurance Policies” (Regulation XXX) and NAIC Actuarial Guideline 38 (Guideline AXXX), through unaffiliated and affiliated reinsurance tra...
224
10K
2884
2,387
In 2005, the Company announced that it was reviewing the revenue potential and cost structure of each of its businesses. As a result of this review, the Company has adopted restructuring initiatives that are expected to be completed in 2007 and result in cumulative pretax charges totaling approximately $262 million, in...
89
10K
5589
2,041
As of December 31, 2018, 149,236 shares have been purchased under the Plan and net promissory notes total $0.9 million.
20
10K
NatixisSA-AR_2008
1,926
Banquiers Privés -, those of Iselection and Ciloger for real estate and Océor for tax-exempt solutions under the Girardin industriel law in French overseas territories.
25
annual_report
RSAInsuranceGroupPLC-AR_2017
497
For example, we have taken steps to improve our range of large loss volatility and exposure by developing insight tools that help front-line underwriters to evaluate large losses, and make better informed risk acceptance and pricing decisions for future risks.
40
annual_report
StorebrandASA-AR_2020
2,925
External valuation: For properties in the Norwegian business, a methodical approach is taken to a selection of properties that are to be externally valued each quarter so that all properties have had an external valuation at least every three years. In 2020, external valuations were obtained for properties worth NOK 18...
64
annual_report
5221
2,296
During 2014, the Company identified and recorded adjustments to correct for certain errors in foreign currency translation and transactions in prior periods. These adjustments resulted in an increase to other operating expenses of $5.0 million.
35
10K
gb_prudential-AR_2005
586
In the US, EEV operating profit based on longer-term investment returns from long-term operations was £741 million, up 93 per cent at CER and up 94 per cent from prior year at RER.
33
annual_report
NatixisSA-AR_2009
7,590
Resolution Fourteen covers the appointment of permanent and substitute Statutory Auditors for the Capdevielle – Natixis – Trésor Public trust operated by Natixis.
23
annual_report
4617
1,872
The Company elected to record at fair value certain financial instruments of VIEs that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others.
32
10K
4170
461
The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the fina...
47
10K
1834
1,099
The table below summarizes SAFECO’s consolidated securities investment portfolio at December 31, 2001. The fair value recorded amount exceeded the cost or amortized cost on fixed maturities and equity securities by $1.4 billion at December 31, 2001.
37
10K
4363
838
During January 2011, the FASB issued new guidance which defers the effective date of disclosures about troubled debt restructurings in Accounting Standards Update No. 2010-20. The new anticipated effective date is for interim and annual periods ending after June 15, 2011. The adoption of this guidance will not have a s...
57
10K
RSAInsuranceGroupPLC-AR_2013
2,538
Fair value losses net of tax (257) – – (257) – (257)
12
annual_report
gb_lloyds_banking_grp-AR_2009
7,132
RESPECTIVE RESPONSIBILITIES OF DIRECTORS AND AUDITORS As explained more fully in the Directors’ Responsibilities Statement on page 99, the directors are responsible for the preparation of the parent company fi nancial statements and for being satisfi ed that they give a true and fair view. Our responsibility is to audi...
84
annual_report
4630
622
Regulation. The Company’s title insurance and trust subsidiaries are regulated by various federal, state and local governmental agencies and are subject to various audits and inquiries. It is the opinion of management that, based on its present expectations, these audits and inquiries will not have a material impact on...
56
10K
RSAInsuranceGroupPLC-AR_2008
1,265
Estimate of cumulative claims At end of accident year 7,380 2,534 2,314 2,139 2,321 2,332 2,399 2,343 One year later 7,660 2,479 2,317 2,014 2,178 2,300 2,394 Two years later 7,788 2,481 2,235 1,836 2,098 2,221 Three years later 8,181 2,462 2,129 1,768 2,030 Four years later 8,229 2,382 2,072 1,712 Five years later 8,6...
174
annual_report
SwissReAG-AR_2013
1,167
Reputational risk Swiss Re’s continued business success depends on maintaining our reputation with clients, investors, employees, and other stakeholders. environmental, socioeconomic and related ethical risks to reputation may arise from individual business transactions; our reputation could also be damaged by operatio...
42
annual_report
3216
766
The loss and loss adjustment expense ratio used in the recoverability estimate is based primarily on the expected ultimate ratio provided by our actuaries. While management believes that is a reasonable assumption, actual results could differ materially from such estimates.
40
10K
LloydsBankingGroupPLC-AR_2011
210
Remuneration The Remuneration Committee undertook a further review of executive remuneration in 2011. Anthony Watson, the chairman of the Remuneration Committee, comments on detailed aspects of our remuneration policy elsewhere in this Report. I want to give shareholders some additional explanation of our philosophy an...
59
annual_report
de_allianz-AR_2009
2,587
The companies listed in the table below are consolidated in addition to the parent company Allianz SE.
17
annual_report
HannoverRueckSE-AR_2019
3,145
Specific value adjustment for retrocessions – 5,351 (5,351) – 9,257 (9,257)
11
annual_report
HelvetiaHoldingAG-AR_2008
1,227
Helvetia Group is required to report to the Swiss Financial Market Supervisory Authority (FINMA) in Switzerland. FINMA also acts as the European Supervisory Office.
24
annual_report
4652
1,981
The increase in net unrealized gains from December 31, 2011 to December 31, 2012, was primarily due to a net decrease in interest rates.
24
10K
LloydsBankingGroupPLC-AR_2002
482
Portfolio Analysis – in conjunction with Group Risk Management, Group businesses identify and define portfolios of credit and related risk exposures and the key benchmarks, behaviours and characteristics by which those portfolios are managed in terms of credit risk exposure. This entails the production and analysis of ...
57
annual_report
5309
1,436
presented development table information for five years because obtaining information beyond this period was impracticable as historical data was not maintained in such detail at this level.
27
10K
1951
872
Call option losses for the 2002 and 2001 periods were due to the impact from changes in the market value of our call options as a result of changes in the S&P 500 Index and the purchase of additional options to support increased equity-indexed liabilities.
45
10K
GjensidigeForsikringASA-AR_2013
1,955
Overview Gjensidige Forsikring ASA is the Group's parent company. As at 31 December 2013 the following companies are regarded related parties.
21
annual_report
SwissLifeHoldingAG-AR_2006
599
senior citizens association, whose main purpose is to uphold the social and political interests of its members.
17
annual_report
fr_axa-AR_2015
2,377
Chairman & Chief Executive Offi cer to convene full meetings of the Board on a specifi c agenda at any time, to convene meetings of the Non-Executive Directors at his discretion at any time without the presence of the Chairman & Chief Executive Offi cer and the Deputy Chief Executive Offi cer (executive sessions).
54
annual_report
5150
727
Reflects the unscheduled refunding or termination of the insurance on an insured obligation as well as changes in scheduled earnings due to changes in the expected lives of the insured obligations.
31
10K
ch_zurich_insurance_group-AR_2019
1,272
All employees3 1 At target, as a percentage of total remuneration. 2 Considering all members of the ExCo that were active for the full year, including the Group CEO. 3 Other remuneration is included under base salaries/fees for all employees.
40
annual_report
HannoverRueckSE-AR_2009
3,214
Hannover Re services UsA, Inc. 500 Park Blvd., suite 1360 itasca, illinois 60143
13
annual_report
3622
882
* At December 31, 2007, the debentures are convertible into 15,051 shares of common stock at a conversion price of $149.09 per share.
23
10K
2392
2,231
Creation of Capco, a special purpose entity used to effect transactions that were recorded to convert, improperly, underwriting losses to investment losses and that were not correctly accounted for in accordance with GAAP, resulting in a misstatement of premiums and other considerations, realized capital gains (losses)...
56
10K
5641
1,414
The Company reports interest expense related to debt separately from the earnings of its operating segments. For 2018, this consisted of interest on the Company’s senior debentures, subordinated debentures, collateralized borrowings with the FHLB, and a letter of credit facility through the completion of the sale of Ch...
52
10K
PowszechnyZakladUbezpieczenSA-AR_2010
570
Życie and TFI PZU);  for entities not included in the Group:  asset management (portfolios and pension funds);  startup and management of closed-end funds (infrastructure, real property).
29
annual_report
5860
1,186
Our gross reserves for losses and LAE at December 31, 2019 were $1.5 billion, and of this amount, 70.6% related to IBNR. Our net reserves for losses and LAE at December 31, 2019 were $1.3 billion, and of this amount, 69.4% related to IBNR.
44
10K
4178
1,442
pay down the $750 million outstanding on our interim credit facility as of December 31, 2008.
16
10K
3632
670
In fourth quarter 2008, we announced a global restructuring plan ("Aon Benfield Plan") in conjunction with our merger with Benfield. The restructuring plan, which will continue through the end of 2011, is intended to integrate and streamline operations across the combined Aon Benfield organization. The Aon Benfield Pla...
108
10K
4896
711
The table below presents the components of financing costs and reconciles interest expense per the Consolidated Statements of Operations.
19
10K
fr_axa-AR_2016
9,432
Percentage of salaried workforce having received at least one training course 85.4 % +4.1 pts 81.3 %
17
annual_report
StorebrandASA-AR_2020
2,051
Investments held to maturity Held to maturity investments are non-derivative financial assets with fixed or determinable payments and fixed maturity and that a company has the intention and ability to hold to maturity, with the exception of: • assets that are designated upon initial recognition as assets at fair value ...
64
annual_report
4030
1,496
Non-operating other-than-temporary impairments decreased $556.1 million during 2009, primarily due to lower fixed maturity and equity security impairments driven by volatile market conditions and changes in accounting literature pertaining to other-than-temporary impairments of investment securities.
35
10K
PosteItalianeSpA-AR_2019
9,596
The directors are responsible for defining the business and organisational model of the Group and, with reference to the matters identified and reported in the NFS, for the policies adopted by the Group and for the identification and management of risks generated and/or faced by the Group.
47
annual_report
NatwestGroupPLC-AR_2009
2,507
• CDOs decreased from £9.0 billion at 31 December 2008 to £3.9 billion at 31 December 2009, driven primarily by significant declines in prices, together with foreign exchange movements, in the first half of the year.
36
annual_report
1657
2,251
announcement that its holdings in AMSG no longer represented a strategic
11
10K