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StandardLifeAberdeenPLC-AR_2013
3,469
Tax effect relating to items that may be reclassified subsequently to profit or loss F 4 - Total other comprehensive income for the year that may be reclassified subsequently to profit or loss (14) -
35
annual_report
4811
1,578
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Metropolitan Life Insurance Company and subsidiaries as of December 31, 2013 and 2012, and the results of their operations and their cash flows for each of the three years in the period ended Decem...
99
10K
PowszechnyZakladUbezpieczenSA-AR_2016
1,048
Polish banking sector. In contrast, Bank Pekao is the second largest bank in Poland with a long history and a strong capital position, achieving some of the best results in the sector and offering attractive returns from just dividends alone.
40
annual_report
LloydsBankingGroupPLC-AR_2008
2,238
In reviewing measures, the remuneration committee has aimed to build on existing aspects of the remuneration policy that have been successful, with a focus on long-term performance, taking appropriate account of risk. At the same time, the committee has sought to develop arrangements that motivate executives to meet th...
56
annual_report
BaloiseHoldingLtd-AR_2002
471
The share capital of the Baloise consists exclusively of registered shares. There are no shares with preferential voting rights. As a matter of broad-based shareholder democracy and in order to protect minority shareholders, no shareholder, regardless of the size of holding involved, is registered with more than two pe...
124
annual_report
NatixisSA-AR_2008
2,252
It ranks fi rst on the French market in the fi eld of social solidarity investment funds and is a forerunner in the socially responsible and sustainable investment (SRSI) market space.
31
annual_report
fr_axa-AR_1999
938
I n s u r a n c e r e l a t e d i n v e s t e d a s s e t s
30
annual_report
NatixisSA-AR_2006
2,996
In keeping with the systems in place at the former Natexis Banques Populaires and Ixis Corporate & Investment Banking, the Asset & Liability Committee (ALM Committee) is responsible for setting out the broad guidelines in terms of managing structural balance sheet risk. Chaired by a member of the Management Board and c...
126
annual_report
SwissReAG-AR_2015
3,706
Swiss Re Corporate Solutions takes a special interest in offshore wind as it has both the large capacity and the technical expertise to help manage the associated risks. We are continually enhancing our understanding of these risks and share our insights with our clients as well as other insurers. As a result, we are n...
63
annual_report
3569
1,432
It is reasonably possible that the amount of the unrecognized tax benefit with respect to certain of the unrecognized tax positions could decrease by up to approximately $3.6 million within the next 12 months if the statute of limitations expires on certain tax periods.
44
10K
ch_zurich_insurance_group-AR_2004
1,315
Transfer arising from initial application of “legal quote” legislation in Switzerland2 – –
13
annual_report
AegonNV-AR_2018
5,195
Investment contracts with discretionary participation features 223 278 37.2 Investment contracts for account of policyholders
15
annual_report
4034
882
In recent years, the insurance industry has experienced significant consolidation. As a result of this consolidation and other factors, the remaining participants in the industry often have portfolios of business that are either inconsistent with their core competency or provide excessive exposure to a particular risk ...
63
10K
HannoverRueckSE-AR_2011
3,036
Other financial assets – at fair value through profit or loss 5.1 21,026 54,756
14
annual_report
5200
1,782
As of December 31, 2016 and December 31, 2015, other invested assets include investments carried and measured at fair value on a recurring basis of $52 million and $53 million, respectively, and include primarily an investment in the global property catastrophe risk market and an investment in a fund that invests prima...
78
10K
3210
476
Goodwill represents the cost in excess of the fair value of net assets acquired in purchase transactions. Pursuant to Statement of Financial Accounting Standards (“SFAS”) No. 142, “Goodwill and Other Intangible Assets,” goodwill is not amortized but is periodically evaluated for impairment to carrying amount, with decr...
50
10K
PowszechnyZakladUbezpieczenSA-AR_2010
808
A stable rating outlook of PZU confirms that the Issuer has a strong business position, high levels of equity and is a competitive entity in the insurance market.
28
annual_report
3369
933
Embedded derivatives related to reinsurance written on a modified coinsurance or funds withheld basis and subject to the provisions of Issue B36.
22
10K
RaiffeisenBankInternationalAG-AR_2007
1,945
Other land and buildings (12,561) – (4,656) 12,769 of which land value of developed land – – – 7,510
19
annual_report
1132
375
CORE's gross profit performance for 1998 remained unchanged compared to 1997 at 39%. Gross profit performance for each of CORE's principal lines of service for the years ended 1998 and 1997, respectively, are: 41% and 35% for Integrated Disability Management, 36% and 39% for Peer Review Analysis, 16% and 27% for exitin...
166
10K
2875
797
Cash and cash equivalents: The carrying amounts reported in the balance sheets for these instruments approximate their fair value, because of their short-term nature.
24
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
1,148
Excluding the reserve strengthening for American Re and the wtc losses, the combined ratio came to 106.5%. This represents a considerable improvement of 6.2 percentage points compared with the figure for 2001 calculated in a comparable way, and is also appreciably better than the average for the last few years, althoug...
63
annual_report
gb_prudential-AR_2016
4,424
Corporate governance The Group’s UK pension schemes are regulated by ‘The Pension Regulator’ in accordance with the Pension Act 1995. Trustees have been appointed for each pension scheme and they have the ultimate responsibility to ensure that the scheme is managed in accordance with the Trust Deed & Rules.
49
annual_report
AegonNV-AR_2011
1,244
AEGON UK has an exposure only once these assets have been exhausted. As outlined below, AEGON believes this exposure to be low.
22
annual_report
5846
1,491
The Company amortizes DAC and VOBA related to these contracts over the estimated lives of the contracts in proportion to actual and expected future gross margins. The amortization includes interest based on rates in effect at inception or acquisition of the contracts. The future gross margins are dependent principally ...
307
10K
StorebrandASA-AR_2006
1,985
New business written in 2006 is subject to a 2.75% basic interest rate. In the case of policies transferred to the company, the basic interest rate is determined by the rate applied to the policy by the insurance company from which the business is transferred, subject to a maximum of 4%.
51
annual_report
4201
584
The property and casualty insurance business is driven by premium growth, the combined ratio and investment returns. The property and casualty operation’s premium growth strategy focuses on growth by expansion of existing operations including a careful agency selection process and increased market penetration in existi...
97
10K
RaiffeisenBankInternationalAG-AR_2012
2,764
Quarter-on-quarter – Compared to the quarter which precedes the quarter under consideration; for example, the third quarter of 2012 in comparison to the second quarter of 2012.
27
annual_report
3769
729
Property, plant and equipment, net, decreased $0.2 million, or 18.3%, to $0.9 million as of December 31, 2008, compared with $1.0 million as of December 31, 2007. The decrease is primarily due to depreciation and amortization of our existing property, plant and equipment.
43
10K
5092
877
Cash and Cash Equivalents: Cash and cash equivalents primarily consist of certificates of deposit and time deposits, with original maturities of three months or less, and money market funds. The estimated fair value of the Company's cash and cash equivalents approximates their carrying value. The Company is required to...
81
10K
NatixisSA-AR_2012
1,168
A carbon action plan was produced in 2011 and brought into line with Natixis’ operating effi ciency program (see section [2.1.2.2]). Practical measures were taken in a number of areas. These include: the reduction of GHG emissions resulting from printing (see section [2.4.2.2]), the reduction of the average CO
49
annual_report
5295
1,678
Operating income, net of tax increased by $40 million, or 5%, to $809 million in 2016, from $769 million in 2015. Operating ROE excluding AOCI was 19.1%, down from 22.7% in the prior period, reflecting the increase in equity allocated to Retirement Services as we increased our capital within Retirement Services which m...
236
10K
Sampoplc-AR_2006
433
Sampo Group publishes annually a separate Corporate Responsibility Report which is available on the Group’s homepage www.sampo.com.
17
annual_report
4905
2,964
Outside of the Exchange’s normal operating and investing cash activities, future funding requirements could be met through:
17
10K
NatwestGroupPLC-AR_2008
3,047
Notes on the accounts continued 31 Capital resources The Group’s regulatory capital resources at 31 December in accordance with Financial Services Authority (FSA) definitions were as follows: Basel II Basel I
31
annual_report
2930
2,738
When a new block of business is acquired, a portion of the purchase price is allocated to a separately identifiable intangible asset, called the value of business acquired (VOBA). VOBA is established as the actuarially determined present value of future gross profits of the business acquired and is amortized in proport...
144
10K
1834
985
Delivery and implementation of the redesigned business model will require a substantial effort in 2002. This represents a significant departure from the traditional individual risk underwriting approach. The success of this implementation will be critical to improved underwriting results in business insurance over the ...
47
10K
fr_axa-AR_2017
2,105
Number of shares granted capital Value (in Euro) Acquisition date End of restriction
13
annual_report
4595
773
Claims and claim adjustment expenses in 2011 were $1.49 billion, $213 million or 13% lower than in 2010, primarily reflecting (i) an increase in net favorable prior year reserve development, (ii) a decline in catastrophe losses, (iii) lower non-catastrophe weather-related losses and (iv) lower business volume, partiall...
110
10K
5508
304
NSIC ended 2018 with net investment losses of $78,000 compared to net investment gains of $71,000 for the same period in 2017. Investment gains and losses are highly dependent on several factors including market conditions, tax position and liquidity needs of the Company and can vary significantly from period to period...
159
10K
Sampoplc-AR_1999
695
Depreciation according ro plan/value adjustment and value readjustments 21,717 3,233 Decrease - 27,091 - 9,335
15
annual_report
4225
2,294
The loss cost trend assumption is not believed to be material with respect to AIG's loss reserves. This is primarily because AIG's actuaries are generally able to use loss development projections for all but the most recent accident year's reserves, so there is limited need to rely on loss cost trend assumptions for pr...
57
10K
491
277
Unpaid losses and loss expenses net of reinsurance recoveries comprise (U.S. dollars in thousands):
14
10K
3288
1,043
•Asia Pacific revenue increased $65 million to $626 million, driven by favorable foreign exchange and organic revenue growth in most countries in Asia, which more than offset softness in Australia and the impact of certain regulatory changes in Japan.
39
10K
5260
952
Stock options - Stock option activity for the years ended December 31, 2016 and 2015 follows (prices in Canadian dollars designated with "C$" and United States dollars designated with "US$"):
30
10K
StorebrandASA-AR_2015
505
Disability pension in private occupational pension schemes The Norwegian Parliament has adopted new rules for disability pensions in the occupational pension schemes in the private sector. The rules will enter into force on 1 January 2016, and there will be a one-year transitional arrangement.
44
annual_report
NatixisSA-AR_2018
1,473
The Board of Directors, assisted by the Board’s Special Committees: defines the strategy governing the Company’s activities anda) oversees its implementation. Within the limits of the Company’s corporate purpose and the powers expressly granted by law or its bylaws to the General Shareholders’ Meetings, the Board conce...
165
annual_report
TrygAS-AR_2016
622
NASDAQ Copenhagen accounted for 59.3% of the turnover of the Tryg share. This means that approxi mately 41% of all trading in 2016 was carried out on alternative exchanges (MTF trades), led by Turquoise as the largest alternative exchange. Average daily turnover on NASDAQ was
45
annual_report
2634
393
The following discussion and analysis should be read in conjunction with the Consolidated Financial Statements and the Notes thereto included elsewhere in this report. The discussion that follows contains certain forward-looking statements relating to our anticipated future financial condition, operating results, cash ...
165
10K
1984
419
4. Investments in common stock are carried at fair value with net unrealized gains and losses (net of deferred taxes) reported as accumulated other comprehensive income (loss) in stockholder's equity.
30
10K
3083
434
Net income on Redeemable Common Shares was approximately $467,000, or $55.14 per Redeemable Common Share, in 2005 compared to approximately $518,000, or $60.90 per Redeemable Common Share, in 2004. The decrease in net income on Redeemable Common Shares primarily resulted from increased healthcare services expense and i...
52
10K
1477
338
Year Ended December 31 2000 1999 1998 - ------------------------------------------------------------------ Balance at beginning of year $5,295,818 $6,135,132 $4,496,872 Business Acquired 355,360 --- 2,334,962 Accretion of interest 312,002 378,996 372,629 Amortization (1,078,500) (1,218,310) (1,069,331) - --------------...
44
10K
5618
1,004
The Company reinsures a portion of its exposures principally to reduce its net liability on individual risks and to protect against catastrophic losses. Estimated amounts due from reinsurers are reported net of reserves for uncollectible reinsurance of $946,965, $1,010,000 and $1,049,000 as of December 31, 2018, 2017 a...
50
10K
4881
1,195
of our shares, equal to $600.0, as determined by the dollar volume weighted-average share price during the term of the agreement. In March 2014, we repurchased 6.6 shares under the agreement.
31
10K
INGGroepNV-AR_2016
155
Other uncertainties concern loss-absorption requirements, which haven’t yet been finalised in the EU. The Financial Stability Board’s total loss-absorbing capacity term sheet still has to be transposed into EU law before it is clear how to calculate the minimum requirement for own funds and eligible liabilities (MREL).
47
annual_report
580
384
The following tables present AIGTG's derivatives portfolio and the associated credit exposure, if applicable, by maturity and type of derivative at December 31, 1996:
24
10K
fr_axa-AR_1999
1,621
The deterioration in the combined ratio for all insurance years (gross of reinsurance), estimated at close to 120% in 1999, was primarily due to the storms in
27
annual_report
2357
1,251
Our expenses primarily consist of policyholder benefits, underwriting, general and administrative expenses, and distributions on preferred securities of subsidiary trusts.
20
10K
4845
655
During 2013, net investment income decreased by 10 percent as reinvestment rates remained below the portfolio’s average yield, despite an increase in market yields during the year. The average annual yields on our investments were as follows for 2013, 2012 and 2011:
42
10K
INGGroepNV-AR_2017
4,387
Board level risk oversight ING has a two-tier board structure consisting of a management board (Executive Board (EB) for ING Group and Management Board Banking (MBB) for ING Bank) and the Supervisory Board (SB); both tiers play an important role in managing and monitoring the risk management framework.
48
annual_report
TrygAS-AR_2011
834
The discussion also includes a confirmation of targets for the next year as well as a development plan, which will support the ability of employees to achieve the defined targets and to develop skills for future needs.
37
annual_report
NNGroupNV-AR_2020
1,068
Create value through consistent and transparent voting behaviour, improved disclosures, improved decision-making including on ESG issues
16
annual_report
nl_ing_grp-AR_2017
5,357
Risk position changes were also reflected in the 10 day VaR and 10 day Stressed VaR statistics. Compared to 10 day VaR in 2016, in 2017 position changes led to lower maximum, average, and a lower 10 day VaR at year-end. Similar dynamics are observed in 10 day Stressed VaR. The overall decrease in IRC in 2017 was largel...
69
annual_report
ScorSE-AR_2010
2,344
The following tables set forth the operating income for each of the Group’s business segments as well as certain assets and liabilities for the financial years ended 31 December 2010 and 2009.
32
annual_report
2256
1,281
The business of recovering subrogation and other claims for healthcare payors is subject to a wide variety of external factors. Prominent among these are factors that would materially change the healthcare payment, fault-based liability or workers’ compensation systems. Examples of these factors include, but are not li...
127
10K
4566
757
Net deferred tax liabilities are determined based on the estimated future tax effects of differences between the financial statement and tax basis of assets and liabilities given the provisions of the enacted tax laws. Management believes that, based on its historical pattern of taxable income, the Company will produce...
86
10K
nl_ing_grp-AR_2013
5,743
Opinion with respect to the parent company annual accounts In our opinion, the parent company annual accounts give a true and fair view of the financial position of ING Groep N.V. as at 31 December 2013 and of its result for the year then ended in accordance with Part 9 of Book 2 of the Dutch Civil Code.
58
annual_report
NatwestGroupPLC-AR_2016
6,216
‘Leases’. There are no substantial changes to the accounting for leases by lessors. For lessees: accounting for finance leases will remain substantially the same; operating leases will be brought on balance sheet through the recognition of assets representing the contractual rights of use and liabilities will be recogn...
59
annual_report
4712
5,142
an increase in projected mortality and expenses, partially offset by increased projected investment margins. Amortization deceleration of $12 million related to fixed annuities and was primarily due to an increase in projected investment margins. Amortization deceleration of $3 million related to variable life insuranc...
44
10K
4580
509
Consolidated earnings increased during 2011 compared to 2010 primarily as a result of
13
10K
4420
1,102
As we are a holding company and have no substantial operations of our own, our assets consist primarily of investments in our subsidiaries. The potential sources of cash flows to the holding company consist of dividends, advances and loans from our subsidiary companies.
43
10K
NatwestGroupPLC-AR_2010
1,180
Losses relating to other credit exotics were £558 million in 2009 compared with £947 million in 2008. These losses were reduced in 2009 as hedges were put in place to mitigate the risk.
33
annual_report
5043
1,187
A summary of the status of nonvested restricted stock activity, including restricted stock units, for the year ended December 31, 2015 is as follows:
24
10K
SwissReAG-AR_2006
2,170
Commercial paper conduit vehicles issue commercial paper to finance the purchase of assets. The Group assumes the risks and rewards of a portion of the assets held by the vehicle through a total return swap. The maximum exposure to loss equals the carrying amount of the assets underlying the total return swap.
52
annual_report
3886
590
Net realized investment gains (losses) fluctuated each period. During 2008, net realized investment losses in this segment included $.1 million of net gains from the sales of investments (primarily fixed maturities), net of $1.7 million of writedowns of investments resulting from declines in fair values that we conclud...
140
10K
fr_axa-AR_2004
2,553
Fair value of financing debt excluding accrued interest (but including related accounting hedges) as of June 30, 2005, December 31, 2004 respectively totalled €12,178 million and €12,177 million.
28
annual_report
gb_prudential-AR_2009
4,939
Risk discount rate: Expected long-term rate of inflation 4.0 2.25 5.0 6.0 0.0 2.75 4.0 2.25 5.0 6.0 0.7 2.75
20
annual_report
de_allianz-AR_2014
3,117
United Kingdom The U.K. accounts for 8.1 % of the Allianz Group’s defined benefit obligation and 12.4 % of the Allianz Group’s plan assets.
24
annual_report
3100
2,005
Withdrawals from investment-type contracts increased by $434 million, or 31.2%, during the year ended December 31, 2006, when compared to 2005. This increase is primarily attributable to increased transfers from general account investment options to separate account investment and unaffiliated retail investment options...
48
10K
5501
3,594
In January 2017, the Company executed a novation and assignment of reinsurance agreements under which MLIC reinsured certain variable annuities, including guaranteed minimum benefits, issued by BHNY and NELICO. As a result of the novation and assignment, the reinsurance agreements are now between Brighthouse Life Insur...
109
10K
5704
611
We began insurance operations by participating in a “take-out program” which is a legislatively mandated program designed to encourage private companies to assume policies from Citizens, a Florida state sponsored insurance carrier. Opportunities to acquire large numbers of policies from Citizens meeting our strict unde...
61
10K
686
532
The ability of the Company's insurance subsidiaries to pay dividends and enter into agreements with affiliates for the payment of service or other fees is limited by state insurance laws. During 1997, the Company received dividends of $14.9 million from Integrity. The maximum dividend payments that may be made by Integ...
95
10K
1710
728
The above information further reflects how our gross reserves, as a percentage of equity, can fluctuate based on the occurrence of significant loss events. For instance in 1999, our gross reserves, and our gross reserves as a percentage of equity increased sharply, due to the nine significant loss events occurring in 1...
112
10K
SwissReAG-AR_2016
1,765
Thierry Léger was appointed CEO Life Capital and a member of the Group EC as of 1 January 2016.
19
annual_report
ASRNederlandNV-AR_2009
897
ASR Nederland N.V, with its registered office in Utrecht, is a public limited company under Dutch law. its registered office is located at number 10 Archimedeslaan, 3584 bA in Utrecht.
30
annual_report
AegonNV-AR_2011
1,953
To the extent these expected dividends are not hedged or actual dividends vary from expected, AEGON’s net income and shareholders’ equity may fluctuate. As AEGON has significant business segments in the Americas and in the UK, the principal sources of exposure from currency fluctuations are from the differences between...
78
annual_report
NatwestGroupPLC-AR_2019
2,644
 Persistence (Personal and Business Banking customers only) – the persistence rule ensures that accounts which have met the criteria for PD driven deterioration are still considered to be significantly deteriorated for three months thereafter. This additional rule enhances the timeliness of capture in Stage 2. It is a...
60
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2017
1,598
the derivatives used for this purpose amounted to €31m at the 2016 balance sheet date. At the 2017 balance sheet date, these derivatives were no longer part of the portfolio. In the 2017 financial year, the following changes in value were recognised in the consolidated income statement: –€31m for the hedging instrument...
58
annual_report
fr_axa-AR_2001
2,164
(1999: net cash provided of €2.2 billion) and was mainly attributable to the following items: • net cash proceeds of € 3.7 billion in connection with the issuance of AXA ordinary shares in June 2000 to fund the buyout of minority interests in SLPH; and
45
annual_report
AvivaPLC-AR_2004
112
Taken together, IFRS, EEV and PSB represent a substantial change in how we report our financial position and performance. Thanks to our investment in a groupwide programme to update our financial reporting and financial management systems – and the hard work of hundreds of our staff – Aviva is well positioned to meet t...
62
annual_report
672
367
Once installed the Company believes that the Year 2000 problem will not pose significant operational problems for the Company. However, if such conversions are not completed timely, the Year 2000 problem may have a material impact on the operations of the Company.
42
10K
5211
1,917
The Company invests selectively in private debt and equity opportunities. These investments comprise the Company’s other invested assets and are primarily focused in renewable energy, limited partnerships, and bank holding companies. Equity interests in various renewable energy LLCs managed by an affiliate of the Compa...
151
10K
2392
1,958
AIG’s Capital Markets operations represents the integrated operations of AIGFP and AIGTG. The integration of its Capital Markets operations has produced and will continue to produce greater efficiencies and product synergies as well as growth opportunities. As Capital Markets is a transaction-oriented operation, curren...
102
10K
4779
1,775
We diversify our real estate investments by both geographic region and property type to reduce risk of concentration. Of our real estate investments, 86% were located in the United States, with the remaining 14% located outside the United States, at December 31, 2013. The three locations with the largest real estate in...
67
10K
4936
1,337
amortize over a twenty-five year period at a floating rate of LIBOR plus 2.50%. These loans are secured by separate first priority mortgages on each of the properties.
28
10K
de_allianz-AR_2018
1,092
− Target: Achieve 100 % green electricity for our operations by 2023.
12
annual_report
3169
1,194
Prior to the adoption of SFAS No. 123(R), we presented the tax benefit of stock option exercises as an operating cash flow. Upon the adoption of SFAS No. 123(R), tax benefits resulting from tax deductions in excess of compensation cost recognized for those options are classified as financing cash flows. This change in ...
79
10K
2589
1,313
MetLife Capital Trust I. In connection with MetLife, Inc.'s, initial public offering in April 2000, the Holding Company and MetLife Capital Trust I (the "Trust") issued equity security units (the "units"). Each unit originally consisted of (i) a contract to purchase, for $50, shares of the Holding Company's common stoc...
72
10K
fr_axa-AR_2001
5,119
In respect of the derivative instruments used for these qualifying U.S. GAAP hedges,
13
annual_report
NatixisSA-AR_2016
7,164
Revaluation adjustments over the period (21) (0) (21) (21) 0 (21)
11
annual_report