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3988
550
The following time deposits and short-term investments exceeded 10% of consolidated stockholders’ equity at December 31, 2009 and 2008 (dollars in thousands):
22
10K
SwissReAG-AR_2014
4,179
Swiss Re Academy has developed extensive professional and personal development curricula to respond to changing business needs. Currently, we offer more than 730 different training courses. Our employees and line managers attend training in areas as diverse as underwriting, finance, sales and negotiation, leadership, d...
85
annual_report
AdmiralGroupPLC-AR_2018
1,272
The following Remuneration Policy was approved, and therefore came into effect, at the April 2018 AGM. There have been two minor changes to the Remuneration Policy since the 2018 AGM. These changes are in the Remuneration Policy table and are updates to the malus and clawback provisions for the Discretionary Free Share...
68
annual_report
218
155
Throughout 1995, the Corporation continued to shift assets toward tax-advantaged securities due to improved underwriting profitability and increased international profits. Furthermore, municipal bonds became attractive relative to taxable bonds for all but the shortest maturities as the spread between taxable and tax-e...
80
10K
5186
642
The change in the value of embedded derivatives related to reinsurance treaties written on a modco or funds withheld basis are subject to the general accounting principles for Derivatives and Hedging related to embedded derivatives. The unrealized gains and losses associated with these embedded derivatives, after adjus...
76
10K
SwissLifeHoldingAG-AR_2009
1,105
In the year under review, representatives of the external auditors attended four of the five Audit Committee meetings, either in their entirety or for specific items on the agenda.
29
annual_report
AssicurazioniGeneraliSpA-AR_2019
4,997
Europ Assistance Insurance Brokers Co., Ltd. (China) 016 CNY 50,000,000 a 11 100.00
13
annual_report
5748
1,520
We are a holding company domiciled in Bermuda. Through our reinsurance subsidiaries, we provide specialty property and casualty reinsurance products to insurance and reinsurance companies on a worldwide basis. Our goal is to deliver attractive equity returns to our shareholders by combining profitable reinsurance under...
77
10K
StorebrandASA-AR_2019
3
Introduction 4 Facts and figures 2019 6 Letter from the Group Chief Executive Officer 1. This is Storebrand 10 Storebrand at a glance 11 Organisation 12 Executive mangament 13 Board of Directors 14 Strategic highlights 2. Climate Risk and Opportunity 3. Financial Capital and Investment Universe 26 Provide a return to t...
220
annual_report
5637
1,442
At December 31, 2018 and 2017, the statutory capital of our U.S. insurance subsidiaries, which is defined as the total of statutory surplus and contingency reserves, was in excess of the statutory capital necessary to satisfy their regulatory requirements.
39
10K
5509
1,107
As of December 31, 2018, investment securities having a fair value of $244.1 million were pledged to the FHLB by the Company's insurance subsidiaries in support of the collateralized advance facility and the Letter of Credit Agreements.
37
10K
2991
2,080
The Company incurs various costs in connection with the origination and initial issuance of its health insurance policies, including underwriting and policy issuance costs, costs associated with lead generation activities and distribution costs (i.e., sales commissions paid to agents). The Company defers those costs th...
159
10K
DirectLineInsuranceGroupPLC-AR_2016
3,253
 Find out when your dividends are paid and contact the Registrar if you do not receive them
18
annual_report
5179
796
For the period ended December 31, 2015, the change in our available-for-sale securities categorized as Level 1 and Level 2 was the result of investment purchases that were made using funds held in our money market accounts and disposals. During the period ended December 31, 2015, there were no securities transferred be...
57
10K
TopdanmarkAS-AR_2019
1,230
Note 11. Other disclosures The five-year summary, in accordance with Section 91(a) of the Danish Executive Order on Financial Reports for Insurance Companies and Multi-Employer Occupational Pension Funds, is included in financial highlights on page 3. Risk disclosures in accordance with Section 91(b) are included in "M...
60
annual_report
1696
82
Financial Statements and Supplementary Data. Incorporated by reference to pages 22 through 36 of Midland's 2001 Annual Report to Shareholders.
20
10K
4932
699
The following table represents the reconciliation of the Company's basic earnings per common share and diluted earnings per common share computations reported on the Consolidated Statements of Operations for the year ended December 31, 2014 and 2013:
37
10K
ch_zurich_insurance_group-AR_2012
1,824
Table 1.2 in USD millions, for the year ended December 31, 2011Restatement of the consolidated income statement
17
annual_report
4571
850
On a consolidated basis, which includes all coverages provided by the Company, the one year development on prior year loss reserves over the same ten year period has ranged from (6.8)% unfavorable in 2010 to 11.9% favorable in 2005 and averaged 1.3%. Although management does not have a practical business reason for mak...
224
10K
gb_prudential-AR_2015
5,883
2015 expected free surplus generation for years 2016 to 2055 – 486 510 506 503 499 9,366 11,870 * Excluding 2015 new business.
23
annual_report
3278
1,438
An increase in net investment income of $19.9 million or 112.6% as a result of growth in the Validus Re investment portfolio and the addition of the Talbot portfolio; and
30
10K
gb_lloyds_banking_grp-AR_2003
1,614
Treasury bills and other eligible bills 136 588 Debt securities 4,503 5,651
12
annual_report
2463
5,909
Historically, insurers and reinsurers have experienced significant fluctuations in operating results due to competition, frequency and severity of catastrophic events, levels of capacity, general economic conditions and other factors. The supply of insurance and reinsurance is related to prevailing prices, the level of...
210
10K
AvivaPLC-AR_2009
1,766
Details of subsisting LTIP awards are provided on page 110 and Table 9 below shows the vesting projections (non-audited) of those awards as at 31 December 2009.
27
annual_report
4073
1,267
The Company has analyzed the third-party pricing services valuation methodologies and related inputs, and has also evaluated the various types of securities in its investment portfolio to determine an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. For further ...
62
10K
GjensidigeForsikringASA-AR_2011
1,898
Deferred tax assets (7.4) (199.4) Other intangible assets (1,201.7) (1,349.5) Investment properties, unrealised gains, proportion (158.4) (268.1) Reinsurance provision, minimum requirement (4.5) (6.4)
23
annual_report
3947
1,664
Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.
28
10K
CNPAssurancesSA-AR_2013
189
A model that creates value CnP Assurances reported 2013 premium income of €21.1 billion in France. Of the total, €8.8 billion was generated by La banque Postale and €7.5 billion by the Caisses d’epargne network. The strategic decision to focus on creating value was clearly apparent in the sharp improvement in the produ...
110
annual_report
HannoverRueckSE-AR_2011
3,749
Hannover Re Group. In addition, a contingent purchase price payment of at most GBP 11.3 million was agreed; this is con­
21
annual_report
INGGroepNV-AR_2002
1,760
As a structure company within the meaning of the Netherlands Civil Code, ING Group currently has a controlled co-optation system for
21
annual_report
3436
1,672
Underwriting expenses in the insurance segment are net of expense reimbursements that are made by the insurance services segment pursuant to an expense sharing agreement between TRM and TICNY. In accordance with terms of this agreement, TRM reimburses TICNY for a portion of TICNY’s underwriting and other expenses resul...
91
10K
RSAInsuranceGroupPLC-AR_2013
611
UK AND WESTERN EUROPE In the UK we have made further progress on refocusing the business, however, we face continued challenging conditions in Personal Motor, and the strengthening of reserves in Liability which included an addition of £60m to reserve margin. We also faced a tough year in our Irish business, but contin...
63
annual_report
HelvetiaHoldingAG-AR_2011
1,043
Share of profit or loss of associates1 0.6 1.0 - - - - 0.5 0.6 0.0 0.0 - - - - 1.1 1.6 of which transactions between geographical segments 79.3 75.4 58.9 63.7 35.6 34.3 18.9 22.1 – 196.7 – 201.1 – 0.8 – 1.2 4.8 6.8 0.0 -
49
annual_report
3264
1,148
The pretax impact by operating segment of the Company’s funds withheld reinsurance arrangements was as follows:
16
10K
5058
1,533
• MSSP Track 2: Two-sided risk; up to 60% shared savings; retrospective attribution
13
10K
NatwestGroupPLC-AR_2020
2,439
Note: (1) 2021 LTI award for Ms Murray represents a 38% reduction on her 2020 LTI award.
17
annual_report
4652
2,105
In addition to selling credit protection, we have purchased credit protection using credit derivatives in order to hedge specific credit exposures in our investment portfolio, including exposures relating to certain guarantees from monoline bond insurers. As of December 31, 2012 and 2011, the Financial Services Busines...
182
10K
4347
922
Next the Company reviewed the intangible assets both definite and indefinite lived. The definite lived intangibles relate to customer relationships, agency relationships, trade name and software. We believe our customer relationships to be consistent with the value given to them based on the current renewal rate being ...
111
10K
Sampoplc-AR_2004
159
bankas. Sampo Bank announced that it expands to Latvia in 2004 when it bought the family-owned AS Māras Banka.
19
annual_report
GjensidigeForsikringASA-AR_2020
2,600
Jostein Amdal, Executive Vice President 3,700.8 542.5 168.0 848.0 545.5 3,366 2,235 6,311 17,657
14
annual_report
AegonNV-AR_2013
2,604
Share in net result of associates 26 2 - 28 29 - 29
13
annual_report
SwissLifeHoldingAG-AR_2015
2,515
Effect of changes in actuarial assumptions and other movements 1 290 1 257 –1 –4 1 291 1 261
19
annual_report
HelvetiaHoldingAG-AR_2016
2,182
Fair value of plan assets as of 1 January 2 573.8 2 672.9
13
annual_report
5711
714
The income tax expense was $11.7 million for the year ended December 31, 2019 compared with income tax benefit of $19.2 million for the year ended December 31, 2018. The increase in the income tax expense is primarily due to an increase in pretax income in the U.S. The income tax benefit was $19.2 million for the year ...
143
10K
RaiffeisenBankInternationalAG-AR_2008
1,163
Despite expansion in personal customer business, the cost/income ratio of Raiff eisen in Belarus reached 47.8 per cent in the reporting period, which underscores the high cost effi ciency of operations in Belarus. Profi t before tax amounted to € 54 million and led to a return on equity before tax of 38.4 per cent. The...
76
annual_report
SwissLifeHoldingAG-AR_2005
2,668
In addition, after compensation of minority shareholders amounting to CHF 6 million, Swiss Life Holding raised its interest in Swiss Life/Rentenanstalt to 100%
23
annual_report
LloydsBankingGroupPLC-AR_2020
3,991
Expected credit losses as a % of total loans and advances which are forborne1 £m £m £m %
18
annual_report
4770
1,642
The following table shows the amounts related to the Initial QSR Transaction for the periods indicated:
16
10K
AvivaPLC-AR_2013
2,344
Gross written premiums (notes 5a and 5b) Long-term: Insurance contracts 8,749 9,683 Participating investment contracts 3,925 3,526 General insurance and health 9,361 9,535 22,035 22,744 Less: premiums ceded to reinsurers (notes 5a and 5b) (1,546) (1,571) Gross change in provision for unearned premiums (note 41e) 136 (2...
69
annual_report
PhoenixGroupHoldingsPLC-AR_2018
269
Opportunities and outlook The strong Standard Life brand recognition and a financially strong parent support new business growth.
18
annual_report
NatixisSA-AR_2020
5,436
Dorval Finance: the structure’s managers exercised their putV options and redeemed shares at the end of the first quarter of 2020. Following these transactions, Natixis IM’s ownership stake and control of Dorval became 88.7%.
34
annual_report
2488
646
The Company has also issued debt that is convertible into shares of its common stock to finance certain acquisitions. This debt, which is included in “Other notes and contracts payable,” is convertible at the option of each note holder at a conversion price of $30 per share. The balance of this convertible debt was $20...
66
10K
3741
1,189
SAP require us to expense policy acquisition costs when incurred, while GAAP allows us to defer and amortize policy acquisition costs over the estimated life of the policies.
28
10K
HelvetiaHoldingAG-AR_2014
1,968
Cash and cash equivalents as of 31 December 2 090.4 1 708.1
12
annual_report
3720
3,239
Premiums earned decreased $5.8 million for the year ended December 31, 2007. The decrease was primarily composed of a decrease in premiums earned for commercial lines of $3.7 million and a decrease of $2.1 million in personal lines premiums earned. The decrease in premiums earned for commercial lines was primarily due ...
127
10K
4659
1,965
We have three types of limited partnership investments: private equity, mezzanine debt, and real estate. Our private equity and mezzanine debt partnerships are diversified among numerous industries and geographies to minimize potential loss exposure. Nearly all of the underlying investments in our limited partnerships ...
211
10K
PosteItalianeSpA-AR_2019
7,430
1. Cash flow from operations 754,202,690 707,840,222 - profit/(loss) for the year (+/-) 610,685,913 596,808,586 - gains/(losses) on financial assets held for trading and on assets and liabilities measured at fair value through profit or loss (-/+) (12,308,652) (9,638,688)
39
annual_report
gb_prudential-AR_2010
2,843
Immediate annuities At 31 December 2010, immediate annuities accounted for two per cent (2009: two per cent) of Jackson’s policy and contract liabilities. Immediate annuities guarantee a series of payments beginning within a year of purchase and continuing over either a fixed period of years and/or the life of the poli...
99
annual_report
de_allianz-AR_2002
1,417
Deferred tax liabilities The calculation of deferred taxes is based on temporary differences between the carrying amounts of assets or liabilities in the published balance sheet and their tax basis, and on differences arising from the application of uniform valuation policies for consolidation purposes as well as conso...
87
annual_report
2117
649
In June 2001, the Financial Accounting Standards Board issued Statements of Financial Accounting Standards No. 141, "Business Combinations," ("SFAS 141") and No. 142, "Goodwill and Other Intangible Assets," ("SFAS 142") which establish accounting and reporting standards governing business combinations, goodwill and int...
167
10K
3395
1,215
adjusted valuation discount rates. The carrying values of policy loans approximate fair values. While potentially financial instruments, policy loans are an integral component of the insurance contract and have no maturity date.
32
10K
4002
899
Benefit expenses include claim payments, capitation payments, pharmacy costs net of rebates, allocations of certain centralized expenses and various other costs incurred to provide health insurance coverage to members, as well as estimates of future payments to hospitals and others for medical care and other supplement...
62
10K
AvivaPLC-AR_2014
304
Understanding Big Data and analytics Big Data enables us to better support our customers through accurate risk assessment and to present opportunities to customers at every stage of their lives.
30
annual_report
SwissReAG-AR_2020
2,207
Individual attendance rates1 of Board members: Board of Directors and Board committee meetings in 2020
15
annual_report
NatwestGroupPLC-AR_2009
239
• We offer Structured Retail Products to retail clients across Europe and Asia through our GBM business. RBS listed products can be traded like a share through a stockbroker or IFA. GBM works with our internal sales network to distribute these products through RBS Private Banking, NatWest Private Banking, Coutts, RBS C...
55
annual_report
AvivaPLC-AR_2020
3,113
Gross amount At 1 January 2019 2,692 2,726 1,623 134 7,175 Additions and transfers — — 136 2 138 Disposals — — (36) (1) (37) Foreign exchange rate movements (21) (1) (6) (7) (35) At 31 December 2019 2,671 2,725 1,717 128 7,241 Additions and transfers — — 76 — 76 Disposals (108) (1,295) (187) — (1,590) Foreign exchange ...
112
annual_report
4185
895
The principal sources of the Company’s liquidity are premiums and contract deposits, fees, investment income and investment maturities and sales. Funds provided from these sources are reasonably predictable and normally exceed liquidity requirements for payment of policy benefits, payments to policy and contractholders...
144
10K
2514
980
At December 31, 2004 and 2003, cash and investments of approximately $28,900,000 and $96,000,000, respectively, were held in trust for the benefit of certain ceding insurance companies to provide security and to meet regulatory requirements. Approximately $51,300,000 of cash and investments held at December 31, 2004 we...
67
10K
1338
516
Mandatorily redeemable non-voting floating rate preferred stock (with a par value of $100 per share) of subsidiaries authorized, issued and outstanding at December 31, 1998 totaled 30,000 shares. The mandatorily redeemable preferred stock was repurchased and cancelled as of January 1, 1999.
42
10K
AegonNV-AR_2002
70
Once more, in 2002 the value of communication and transparency was confirmed. We recognized this and understand the need for straight talk and clear actions. Particular areas of communication force include providing more information on variable annuity policy acquisition costs, enhanced disclosure and coming changes in...
97
annual_report
4419
2,122
The following table sets forth the results of operations relating to our Corporate and Runoff Division. See below for a discussion by segment and Corporate and Other activities.
28
10K
5594
2,022
Investments of our international insurance companies are not subject to NAIC guidelines. Investments of our Japanese insurance operations are regulated locally by the Financial Services Agency (“FSA”), an agency of the Japanese government. The FSA has its own investment quality criteria and risk control standards. Our ...
99
10K
NatixisSA-AR_2007
2,151
The line of personal services, Écureuil Sérénité Services, developed with the national operator Séréna, was rolled out to all of the Caisses d’Epargne at the end of 2007. In parallel, in the area of pre-fi nanced universal service-employment vouchers, the common structure with Accor has been operational since
48
annual_report
5267
232
$500.0 million principal amount of 4.011% senior notes due December 15, 2026 (2026 notes), fully and unconditionally guaranteed by ACGL. The 2026 notes are unsecured and unsubordinated obligations of the Company and ACGL, respectively, and rank equally and ratably with the other unsecured and unsubordinated indebtednes...
108
10K
1709
681
The second plan is a defined contribution 401(k) profit-sharing plan. Employees who are 21 years or older and have one year of service are eligible for participation in the plan. Employees may elect to contribute up to 15% of total compensation. All contributions are 100% vested. NCRIC MSO is not required to make match...
90
10K
2666
536
In December 2002, the FASB issued SFAS No. 148, "Accounting for Stock-Based Compensation -- Transition and Disclosure, an amendment of FASB Statement No. 123." Effective January 1, 2003, the Company prospectively adopted the fair value-based employee stock-based compensation expense recognition provisions of SFAS No. 1...
86
10K
TrygAS-AR_2016
607
Investor Relations (IR) is responsible for Tryg’s communication with the capital markets. It is important that investors, analysts and other stakeholders are able to form a true and fair view of developments, including Tryg’s financial results.
36
annual_report
HiscoxLtd-AR_2019
2,221
Included within Level 1 of the fair value hierarchy are certain government bonds, treasury bills, long-term debt and exchange-traded equities which are measured based on quoted prices in active markets. The fair value of the long-term debt that is carried at amortised cost, is estimated at $787.3 million (2018: $706.3 ...
62
annual_report
fr_axa-AR_2015
6,316
Krungthai AXA Life Insurance Company Ltd 147 - 63 3 (55) 158
12
annual_report
AegonNV-AR_2019
4,117
Refer to note 2.1.2 Voluntary changes in accounting policies for details about this change.
14
annual_report
gb_prudential-AR_2005
2,181
Derivative instruments were accounted for in a manner consistent with the assets and liabilities or positions being hedged. Profits or losses and interest on these instruments were recognised in accordance with the accounting treatment of the underlying transaction as an adjustment to interest receivable or interest pa...
47
annual_report
HiscoxLtd-AR_2019
808
Hiscox’s response to section 5 of the Code The Company complied with all of the provisions of section 5.
19
annual_report
fr_axa-AR_2007
2,438
The AXA Miles program resulted in a grant of 5,586,900 AXA shares to 111,738 employees in 54 countries.
18
annual_report
nl_ing_grp-AR_2019
2,688
Terra, our pathway towards climate alignment in the sectors most responsible for climate change.
14
annual_report
StorebrandASA-AR_2012
2,364
bONDS AND OTHER FIxED INCOME SECURITIES Financial assets and liabilities are included in the statement of financial position from such time Storebrand becomes party to the instrument’s contractual terms and conditions. ordinary purchases and sales of financial instruments are recognised on the transaction date. When a ...
102
annual_report
3704
2,526
Our remaining junior subordinated debt of $43.8 million matures in 2033. The weighted average interest rates on this junior subordinated debt equal the three-month LIBOR plus 4.12%, and interest on this debt is also payable on a quarterly basis. At December 31, 2008, the weighted average interest rate on all of our jun...
57
10K
3587
332
The supplementary financial information set forth in the section entitled "Selected Quarterly Financial Data" in Management's Discussion and Analysis of Financial Condition and Results of Operations in the 2007 Annual Report to Shareholders is incorporated by reference in this Form 10-K Annual Report.
43
10K
2207
1,509
Of the $95.3 million of realized losses on sales of fixed maturity securities for the year 2003, $28.8 million was credit related and $50.3 million arose from the sale of 16 securities with $1.0 million or more of realized loss. The only significant realized losses for 2003, were $16.7 million on the sale of the bonds ...
232
10K
4892
2,068
The loss ratio in 2013 was 44.9% compared to 56.1% in 2012. The decrease in the loss ratio was primarily attributable to the reduced level of catastrophe losses from $166.5 million in 2012 to $93.5 million in 2013. Catastrophe losses in 2012 were from severe weather conditions in the U.S. in February and March 2012, Hu...
95
10K
5751
1,148
On December 21, 2017, we entered into an accelerated stock repurchase agreement, the December 2017 ASR, with Bank of America, N.A., or BofA, to repurchase $1.0 billion of our common stock as part of the $3.0 billion share repurchase program authorized on December 14, 2017. On December 22, 2017, we made a payment of $1....
234
10K
4285
1,069
Variable Delivery Forward. On September 11, 2007, Endurance Holdings consummated a variable delivery equity forward sale arrangement that was terminated on June 18, 2010 as described above under “Liquidity”.
29
10K
5229
625
Other income was $7.5 million, 0.6 million, and $0.6 million for the years ended December 31, 2016, 2015, and 2014, respectively. For the year ended December 31, 2016, other income is primarily comprised of the net gain on the asset sale of the Company’s wholly owned subsidiary, United National Specialty Insurance Comp...
75
10K
gb_prudential-AR_2003
1,080
Group operating profit before amortisation of goodwill and exceptional items* 0 0 492 573 (135) (124) 357 449
18
annual_report
3482
626
2006 versus 2005: Our current year loss ratio in 2006 was 34.6 ratio points lower than in 2005, reflecting an absence of major catastrophe losses in 2006 compared to 2005 when we incurred significant losses on KRW.
37
10K
4105
1,379
Insurance expenses and taxes increased $8.9 million (or 15%) in 2008 as compared to 2007. The following table provides the changes in insurance expenses and taxes for each respective period:
30
10K
3955
694
Northern Electric’s and Yorkshire Electricity’s electricity distribution network includes approximately 18,000 miles of overhead lines, approximately 40,000 miles of underground cables and approximately 700 major substations.
26
10K
AvivaPLC-AR_2018
2,423
Net earned premiums 15,342 9,882 — — 25,224 Fee and commission income 1,486 134 369 198 2,187 16,828 10,016 369 198 27,411 Net investment income/(expense) 21,468 331 (1) 268 22,066 Inter-segment revenue — — 244 — 244 Share of profit of joint ventures and associates 41 — — — 41 Profit/(loss) on the disposal and remeasur...
67
annual_report
AvivaPLC-AR_2007
1,305
Board effectiveness The effectiveness of the Board is vital to the success of the Group. The Company undertakes a rigorous evaluation each year in order to assess how well the Board, its committees, the directors and the Chairman are performing. The process is led by the Chairman and supported by the Group Company Secr...
167
annual_report
1943
1,368
The Company has registered 3,000,000 shares of common stock for the Employee Stock Purchase Plan (“Stock Purchase Plan”) which is intended to provide a means to encourage and assist employees in acquiring a stock ownership interest in Anthem. The Stock Purchase Plan was initiated in June 2002 and any employee that meet...
240
10K
ScorSE-AR_2013
6,970
STATEMENTS DEALING WITH THE MANAGEMENT OF THE GROUP IN 2013:  Analysis of the Group business development, results and financial
20
annual_report