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5543
887
In May 2018, Moody's upgraded its financial strength rating from "Ba1" to "Baa3" for NMIC and issued a "Ba3" rating for NMIH's $150 million senior secured 2018 Term Loan, compared to its previous "B1" rating on the 2015 Term Loan. In August 2018, Moody's assigned a "Ba3" rating to our 2018 Revolving Credit Facility. Th...
93
10K
AegonNV-AR_2011
6,592
In the event a “special cause” occurs (such as the acquisition of 15% of AEGON’s voting shares, a tender offer for
21
annual_report
5185
1,477
•health epidemics or outbreaks of disease such as the flu or enterovirus.
12
10K
5325
1,587
Coverage for the Property & Casualty Insurance segment’s primary catastrophe reinsurance program effective January 1, 2016 to December 31, 2016 is provided in various layers as presented below.
28
10K
gb_prudential-AR_2016
1,380
The following themes were identified as areas for focus in 2017: Subsidiary governance – The Board evaluation recognised that the appointment of independent non-executive chairs and directors to the Group’s material subsidiaries had been well executed, and a good governance framework established. The Board’s focus for ...
90
annual_report
912
432
MEDICAL CLAIMS AND BENEFITS PAYABLE. Medical claims and benefits payable decreased by $76 million from 1997 as follows:
18
10K
4345
560
The increase in revenues reflected above is attributable to increased surety business that has been secured in fiscal 2011. Gross premium written in fiscal 2011 amounted to $1,613,912 as compared to $1,114,197 in fiscal 2010 and is reflective of the growth experienced in this segment of the business for the comparable ...
67
10K
2170
829
Effective January 1, 2003, the Company adopted, prospectively, the fair value recognition provisions of FAS No. 123 "Accounting for Stock-Based Compensation ("SFAS No. 123") for all stock
27
10K
3406
538
At December 31, 2007, our investments in fixed maturities, equity securities and certain other invested assets were held as available-for-sale and carried at fair value. The unrealized holding gains or losses, net of applicable deferred taxes, are included as a separate component of stockholders’ equity as “accumulated...
62
10K
fr_axa-AR_2010
5,567
In the United Kingdom and Ireland, AXA is exposed to exchange-rate risk through its AXA Insurance and AXA PPP
19
annual_report
ch_zurich_insurance_group-AR_2005
261
The principal accounting policies applied in the presentation of these consolidated financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated.
31
annual_report
3510
1,031
The consolidated financial statements include the accounts of Molina Healthcare, Inc. and all majority owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. Financial information related to subsidiaries acquired during any year is included only for the period ...
46
10K
SwissReAG-AR_2014
3,680
̤ Stakeholder dialogue Through regular dialogue with our clients and other stakeholders, we help to develop effective responses to sustainability and other key issues, by raising awareness of both the risks and the opportunities arising from them.
37
annual_report
NatixisSA-AR_2012
2,417
On the basis of our work, we have nothing to report on the information in respect of the company’s internal control and risk management procedures relating to the preparation and processing of accounting and fi nancial information contained in the report prepared by the Chairman of the Board in accordance with Article ...
57
annual_report
1737
461
The allocation of the purchase price to assets and liabilities has been subjected to further refinement throughout 2001 as additional information has become available to more precisely estimate the fair values of the Company's respective assets and liabilities at the purchase date. The refinements to the Company's purc...
53
10K
4081
1,052
The FASB issues ASUs to amend the authoritative literature in ASC. There have been 23 ASUs to date that amend the original text of ASC. Except for ASU 2009-12, Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent), the ASUs issued to date either (i) provide supplemental guidance, ...
77
10K
AegonNV-AR_2012
5,062
UK solvency surplus calculation the local regulator only allows the available capital number of the With-Profit funds included in overall local available capital to be equal to the amount of With-Profit funds’ required capital.
34
annual_report
5399
941
Reinsurance recoverables. Reinsurance recoverables reflects future policy benefit and claim reserves due from third-party reinsurers, including the IPO coinsurers. Such amounts are reported as reinsurance recoverables rather than offsetting future policy benefits. Reinsurance recoverables as of December 31, 2017 remain...
47
10K
fr_axa-AR_2011
7,223
of the share capital, a decrease of 8 million shares compared to
12
annual_report
AvivaPLC-AR_2017
4,481
For ASPS, following the latest formal actuarial valuation (with an effective date of 31 March 2015) a deficit recovery plan was agreed, to make good the deficit over a period of time, consistent with the requirements of the UK pension regulations. As at 31 December 2017, the
47
annual_report
3867
790
Summary of Results. Net income was $164.5 million, or $3.19 per diluted share, in 2007 as compared to $142.1 million, or $2.79 per diluted share, in 2006. Net income in 2007 and 2006 included net realized investment losses, net of the related income tax benefit, of $1.2 million, or $0.02 per diluted share, and $0.6 mil...
146
10K
5777
1,675
On January 16, 2020, AGM and AGC along with certain other monoline insurers and the trustee for the PRIFA Rum Tax Bonds filed in Federal District Court for Puerto Rico a motion concerning application of the automatic stay to the revenues securing the PRIFA Bonds (the PRIFA Revenues), seeking an order lifting the automa...
86
10K
ASRNederlandNV-AR_2008
1,085
Company name Fin. % Registered office * Assurantie Maatschappij “De Nieuwe Prudentia” N.V. 100.00 Rotterdam Assure-Money B.V. 30.00 IJsselstein AXI-Plan Beheer B.V. 30.00 Capelle a/d Ijssel * B.V. Dordrechtsche Landbouwonderneming 100.00 Utrecht B.V. Nederlandse Hulpverleningsorganisatie-SOS International 100.00 Amster...
243
annual_report
757
810
1997 1996 1995 Earnings before income taxes and extraordinary items $333,764 $339,543 $251,898 Extraordinary items before income taxes (11,201) (34,892) 1,551
21
10K
gb_prudential-AR_2011
4,085
Share capital and share premium Share capital 127 127 Share premium 1,873 1,856 Reserves Retained earnings 5,839 4,982 Translation reserve 354 454 Available-for-sale reserve 924 612
26
annual_report
2525
549
Our operating lease of an airplane, which expires January 1, 2010, provides for a residual value payment of no more than $4.8 million at the end of the lease term. At the end of the term we have the right to exercise a purchase option or the airplane can be sold to a third party. If we decide not to exercise our purcha...
100
10K
SwissReAG-AR_2007
2,113
Swiss Reinsurance Company, Zurich, employed a worldwide staff of 3 802 on the balance sheet date (2006: 3 745). Personnel expenses for the 2007 financial year amounted to CHF 1 009 million (2006: CHF 1 187 million).
37
annual_report
INGGroepNV-AR_2007
672
FINANCIAL DEVELOPMENTS Assets under management increased EUR 36.9 billion (6.1%) to EUR 636.9 billion in 2007. Growth was driven by a net infl ow of EUR 40.4 billion, mainly through Insurance Asia/Pacifi c, which contributed EUR 14.2 billion, Retail Banking EUR 8.6 billion, Insurance Americas EUR 8.5 billion and ING Re...
129
annual_report
NatixisSA-AR_2013
8,375
This authorization is granted for a period of eighteen (18) months from this meeting. It voids, from this day, as applicable, any unused part of any prior delegated power given to the Board of Directors for the purpose of trading in the Company’s shares, particularly that given by the shareholders in the Combined Gener...
63
annual_report
NatixisSA-AR_2016
9,248
In addition, various solutions for reducing energy consumption association of investment property companies (Association française des sociétés de placement immobilier - ASPIM) which
23
annual_report
AvivaPLC-AR_2009
1,831
Time commitment Between 25 and 50 days per annum depending upon Board and committee requirements and corporate activity.
18
annual_report
BeazleyPLC-AR_2020
1,793
Consolidation a) Subsidiary undertakings Subsidiary undertakings are entities controlled by the group. The group controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. In assessing c...
101
annual_report
SwissLifeHoldingAG-AR_2003
1,065
Separate account (unit-linked) liabilities 7 623 1 051 – – – – – 8 674
15
annual_report
CNPAssurancesSA-AR_2013
226
A model whereby the insurer supplies insurance products to several independent distribution partners.
13
annual_report
SwissLifeHoldingAG-AR_2008
914
Reduction in par value 27 –245 11 – – – – –234 – –234
14
annual_report
4089
497
In evaluating our financial condition, three factors are the most critical: first, the availability of adequate statutory capital and surplus to satisfy state regulators and to support our current A.M. Best rating, which currently stands at A- (Excellent); second, the adequacy of our reserves for unpaid loss and loss a...
62
10K
PowszechnyZakladUbezpieczenSA-AR_2012
666
Management report on the activities of Powszechny Zakład Ubezpieczeń Spółka Akcyjna Capital Group in 2012 6.3. Group and individually continued life insurance
22
annual_report
3710
706
Ineffectiveness of LNC’s various hedging strategies used to offset the impact of changes in the value of liabilities due to changes in the level and volatility of the equity markets and interest rates;
33
10K
fr_axa-AR_2013
1,729
Net income increased by €37 million to €84 million. On a constant exchange rate basis, net income increased by €42 million mainly due to higher adjusted earnings.
27
annual_report
AssicurazioniGeneraliSpA-AR_2016
5,584
P&C premium growth in both segments was due in particular to Spain and Switzerland, which posted non-motor line growth. The motor segment is driven for the most part by growth in Spain and the Netherlands. The Cor improved due to the lower loss ratio, especially in Austria and Belgium in non-motor lines and in Spain in...
74
annual_report
2032
391
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) liability is recorded in an amount equal to the collateral received to recognize TRH's obligation to return such funds when the related loaned securities are returned. The market value of the loaned securities is monitored on a daily basis with additional collat...
72
10K
5902
428
Selected financial information for the commercial automobile insurance product line is presented below.
13
10K
140
340
As discussed in Note 1 to the consolidated financial statements, the Company adopted the provisions of the Financial Accounting Standard Board's Statement of Financial Accounting Standard No. 115 "Accounting for Certain Investments in Debt and Equity Securities." and changed its method of accounting for excess ceding c...
47
10K
5786
794
Comparing certain assumptions about future claim reporting amounts and payment patterns to historical Company data and industry data, such as loss development trends of similar insurance products;
27
10K
3195
1,087
Accordingly, we have discontinued our segment disclosures for the finance segment, as it did not exceed the 10% threshold for revenues, earnings or assets.
24
10K
NatwestGroupPLC-AR_2019
2,892
 The overall increase in ECL was primarily in Stage 3, including the effect of a modest increase in the rate of default during the year, however, the trend flattened in the second half of the year as a result of risk appetite tightening. Additionally, there was a loss rate model adjustment that increased ECL.
55
annual_report
gb_lloyds_banking_grp-AR_2018
1,900
A detailed review of the portfolio was conducted, which considered the quality of the overall portfolio as well as newly originated business. The Committee reviewed sectors that have been impacted by slower economic growth or structural change, notably those that are linked to discretionary consumer spending, for examp...
161
annual_report
LloydsBankingGroupPLC-AR_2013
6,530
Deposits from banks – – – – – 13,982 – 13,982
11
annual_report
3888
703
Net Investment Income decreased by $0.3 million for the year ended December 31, 2007, compared to the same period in 2006, due primarily to lower yields on investments in limited liability investment companies and limited partnerships, partially offset by higher yields on investments in fixed maturities and equity secu...
134
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2016
951
In the Life and Health Germany segment, our total premium income should amount to slightly less than €10bn, and gross premiums written are expected to be in the range of €9bn.
31
annual_report
ScorSE-AR_2012
232
S&P existing methodology. A change in this methodology could lead to (i) a disqualification for equity credit of the notes and (ii) force SCOR SE to exercise the option that is offered in such case to redeem the notes. More information about subordinated debt appears in “Section 20.1.6 - Notes to the financial statemen...
59
annual_report
de_allianz-AR_2014
1,262
New business profitability improved and our selective growth strategy focused on managed guaranteed products.
14
annual_report
nl_ing_grp-AR_2012
808
Improving customer-experience Insurance Benelux is committed to continuously improving the customer experience. In 2012, Nationale-Nederlanden established a Net Promoter Score (NPS) programme to collect customer feedback which will be used to further improve new products and services. It also launched a number of other...
64
annual_report
ch_zurich_insurance_group-AR_2012
423
• responsible for setting the annual capital and balance sheet plans for the Group based on the Group strategy and financial plans and recommending specific transactions or unplanned business changes to the Group’s balance sheet;
35
annual_report
INGGroepNV-AR_2011
902
Directly following the Audit Committee meetings, the members of the Audit Committee met with the internal and external auditors to confirm that all relevant topics were discussed in the Audit Committee meeting.
32
annual_report
BaloiseHoldingLtd-AR_2003
157
In the 2003 financial year, the Baloise Group registered a net profit of CHF 91 million (2002: loss of CHF 634 million). There has been a huge improvement in all business lines and geographic markets. The positive business result is the consequence of numerous measures adopted to strengthen operating earning power, par...
186
annual_report
de_allianz-AR_2017
1,084
4_Unit-linked management fees, excluding asset management fees, divided by unit-linked reserves.
11
annual_report
NatixisSA-AR_2017
10,487
A supervisory framework established in 1988 by the Basel Committee aiming to maintain the solvency and stability of the international banking system by establishing uniform minimum capital requirements for banks on the international level. It established a minimum capital adequacy ratio of 8% in relation to all the ris...
53
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2012
128
We combine primary insurance and reinsurance in one group. This set­up allows us to cover the relevant sections of the insurance industry’s value chain. It benefits our clients, because we can offer them customised solutions that draw on our full spectrum of knowledge. As a Group, we are also less dependent on cycles i...
68
annual_report
2103
703
FOR THE YEARS ENDED DECEMBER 31 2002 2001 2000 - ----------------------------------------------------------------------------- (In millions)
13
10K
de_allianz-AR_2016
48
At the 15 December 2016 meeting, the Board of Management provided us with information about the third-quarter results and further business developments as well as the current situation of the Allianz Group. It also briefed us on the status of the divestment process in South Korea and on the settlement of a SEC investig...
244
annual_report
StandardLifeAberdeenPLC-AR_2020
1,453
The 2021 LTIP award Under the Remuneration Policy, LTIP awards are subject to at least two performance metrics which are linked to the achievement of the Company’s long-term strategic priorities and the creation of long-term shareholder value, with at least one being absolute in nature and one being a relative metric. ...
246
annual_report
3131
1,270
As the stock-based compensation expense we recognize is based on awards ultimately expected to vest, it has been reduced for estimated forfeitures. Statement No. 123(R) requires that we estimate forfeitures at the time of grant and revise our estimates, if necessary, in subsequent periods if actual
46
10K
DirectLineInsuranceGroupPLC-AR_2019
1,582
Remuneration Policy We will be proposing a new Policy to shareholders for approval at the AGM in May 2020. The Policy covers how decisions on Directors’ remuneration will be made, and the remuneration philosophy and strategy which underpin these decisions.
40
annual_report
fr_axa-AR_1999
4,315
Medium Term Notes, 4.995% to 7.42%, due through 2016 (H) 1,753 807
12
annual_report
NatixisSA-AR_2018
7,248
Loans and receivables due from customers at amortized cost at 31/12/2018
11
annual_report
fr_axa-AR_2004
1,618
Equity securities available for sale 17 913 22 249 22 249 4 583 247 Equity securities at fair value through profit and loss 16 847 16 847 Equity securities held for trading 258 258
34
annual_report
AegonNV-AR_2013
5,293
Report on other legal and regulatory requirements Pursuant to the legal requirement under Section 2:393 sub 5 at e and f of the Dutch Civil Code, we have no deficiencies to report as a result of our examination whether the Report of the Executive Board, to the extent we can assess, has been prepared in accordance with ...
81
annual_report
gb_prudential-AR_2008
74
Our strong performance in 2008 was not just about financial returns. Our founding principles of integrity, security and prudence continue to drive our commitment to supporting the financial health of our customers and the well-being of the communities in which we operate. During the year, over 2,200 of our colleagues g...
94
annual_report
fr_axa-AR_2009
10,822
will be chaired by an independent director; ■ T he Audit Committee and the Compensation & Human
17
annual_report
5286
1,686
The following table summarizes information about stock options outstanding and exercisable at December 31, 2016.
15
10K
2946
1,472
As of December 31, 2004, SLC - U.S. Ops Holdings, was a direct wholly-owned subsidiary of Sun Life Assurance Company of Canada ("SLOC"), 150 King Street West, Toronto, Ontario, Canada. SLOC is a life insurance company incorporated in 1865. As of December 31, 2005, SLOC transacted business directly or through its subsid...
97
10K
HelvetiaHoldingAG-AR_2013
1,399
Investment result from Group financial assets and investment property 1 212.3 1 177.8
13
annual_report
PosteItalianeSpA-AR_2020
1,720
• Performance of Poste Italiane SpA and Report on Operations of BancoPosta RFC
13
annual_report
BeazleyPLC-AR_2019
916
By order of the board, covering the strategic report from pages 1 to 70 and the directors’ report from pages 67 to 70.
23
annual_report
de_allianz-AR_2006
97
At our meetings in March, May, September and December, the Management Board kept us informed of progress in the reorganization of our German insurance business. We appraised ourselves with the new business organization headed up by the insurance holding company for Germany, Allianz Deutschland AG, and concerned ourselv...
79
annual_report
ScorSE-AR_2009
752
SCOR Global Life offers a broad range of reinsurance for individual and Group life insurance, long-term care, substandard risks, critical illness (United Kingdom and Asia) and financing products.
28
annual_report
DirectLineInsuranceGroupPLC-AR_2013
444
Insurance risk: claims costs Bodily injury claims costs are a key source of uncertainty with several regulatory, legal and market pressures facing the Group, including: • Underlying trends in bodily injury claims frequency and average cost per claim inflation
39
annual_report
3950
1,727
Prior to January 1, 2006, we measured compensation cost for our stock option plans using the intrinsic value method. Under this method, compensation cost was recorded when the quoted market price at the grant date exceeded the amount an employee had to pay to acquire the stock. When the Company issued employee stock op...
98
10K
LloydsBankingGroupPLC-AR_2014
555
– Becoming simpler and more efficient Responding quickly to changing customer, business and regulatory needs.
15
annual_report
SwissReAG-AR_2004
1,924
In personnel matters, the Committee makes proposals that ensure an adequate size and a well-balanced composition of the Board and further ensure that a majority of the Board is independent; it develops guidelines for selecting candidates for election to the Board and the Executive Board; it evaluates Board member candi...
112
annual_report
NatixisSA-AR_2015
3,503
On the international level, Natixis ensures strict compliance with local regulations such as the UK Bribery Act and the Foreign Corrupt Practices Act.
23
annual_report
5876
546
Finance and Other Service Income. Finance and other service income includes revenues from premium installment charges, which we recognize when earned, and other miscellaneous income and fees. Finance and other service income increased by $39, or 0.2%, to $16,872 for the year ended December 31, 2020 from $16,833 for the...
53
10K
RSAInsuranceGroupPLC-AR_2014
720
Name:�23$/'$-�'$23$1� Role: Group Chief Executive Appointment date:�%DAQT@QX����� Nationality:�!QHSHRG Skills and experience: Stephen was OQDUHNTRKX�"GHDE�$WDBTSHUD�.EãBDQ�� 3GD�1NX@K�!@MJ�NE�2BNSK@MC�&QNTO�OKB�� 2008-13, where he led the largest ever corporate restructuring and recovery programme. Prior to that he hel...
65
annual_report
fr_axa-AR_2003
1,913
Market conditions in 2003 FINANCIAL MARKETS 2003 saw a reversal of the downturn that had persisted in the financial markets for three years running, with the MSCI
27
annual_report
4136
994
The following table summarizes the Company’s minimum future IT outsourcing and operating lease commitments at December 31, 2009 (in thousands):
20
10K
RaiffeisenBankInternationalAG-AR_2019
2,732
Financial liabilities - held for trading 916 0 4 3,518 (700)
11
annual_report
PosteItalianeSpA-AR_2020
5,018
As part of the collaboration with the German digital carrier sennder GmbH, on 12 February 2020, Poste Italiane subscribed a capital increase of €255 thousand in the company sennder Italia Srl, acquiring an investment of 75% of the share capital (25% is held by sennder GmbH). Moreover, on 25 February 2020, on the basis ...
95
annual_report
INGGroepNV-AR_2019
123
I'm very proud of the major step in this direction that we took in 2019 with the opening of the
20
annual_report
NatixisSA-AR_2007
6,416
Since risk measurement under the terms of Basel II is based on likelihood of default within one year, the calculation of expected losses is adjusted to take into account the likelihood of default over the full remaining term of the loans in question.
43
annual_report
4953
870
Provisional estimates of fair value are established at the time of the acquisition and are subsequently reviewed within the first year of operations subsequent to the acquisition date to determine the necessity for adjustments. The fair value of the tangible assets and liabilities for each applicable acquisition at the...
242
10K
5521
742
The Company offers qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, 457 and 501, as well as nonqualified deferred compensation plans and related services...
173
10K
de_allianz-AR_2017
4,599
As part of our approach to audit the level 3 financial assets, we engaged our own valuation specialists. In particular, we performed the following substantial audit procedures: − We verified the appropriateness of the key internal controls established for the valuation process and evaluated their operating effectivenes...
50
annual_report
5705
2,205
Specialty financial Underwriting profit for this group was $32 million for the fourth quarter of 2019 compared to $20 million in the fourth quarter of 2018, an increase of $12 million (60%). Higher underwriting profits in the financial institutions, surety and trade credit businesses contributed to these results. Catas...
77
10K
LloydsBankingGroupPLC-AR_2012
1,284
Key balance sheet items at 31 december 2011 £bn £bn £bn £bn £bn £bn
14
annual_report
1070
744
Pre-tax income (loss) from continuing operations for the years ended December 31 was under the following jurisdictions:
17
10K
4325
1,640
During the years ended December 31, 2010 and 2009, we recognized favorable loss development of $234.0 million and $207.3 million respectively, on a net basis, related to reserves established in prior years.
32
10K
RSAInsuranceGroupPLC-AR_2006
853
Goodwill and other intangible assets Goodwill, being the difference between the cost of a business acquisition and the Group’s interest in the net fair value of the identifiable assets and liabilities acquired, is initially capitalised in the balance sheet at cost and is subsequently recognised at cost less accumulated...
51
annual_report
1806
969
The increase in policyholders’ reserves and funds was primarily attributable to growth from new sales in annuity products, interest credited and transfers from separate accounts.
25
10K
fr_axa-AR_2008
1,036
• Expenses increased by €42 million (+8%) to €–585 million. On a constant exchange rate basis, expenses increased by €80 million (+15%) mainly due to the acquisition of Genesys, including advisers retention bonus and integration, together with restructuring costs for the A&NZ business. Excluding these, expenses decreas...
55
annual_report