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1644
969
Separate account assets consist primarily of deposits from the Company’s variable annuity business. Most separate account assets are invested in various mutual funds. All of the investment risk in the Company’s separate account assets is borne by the Company’s customers, with the exception of $1.39 billion of policy re...
91
10K
4138
612
A catastrophe like a hurricane or tropical storm that impacts any territory we insure may have an adverse impact on our liquidity and results of operations. Each year, we purchase reinsurance for hurricane catastrophes and non-hurricane catastrophes. In June 2009, we recorded a reinsurance payable of $85.4 million rela...
81
10K
StandardLifeAberdeenPLC-AR_2020
722
• The CEO takes part in key client pitches to hear directly from clients on their requirements (again virtually when pandemic restrictions are in place)
25
annual_report
5026
1,213
Our mortgage insurance segment offers primary mortgage insurance coverage on residential First-liens. At December 31, 2014, primary insurance on First-liens represented approximately 96.6% of our $44.8 billion total direct RIF. At December 31, 2014, pool insurance represented approximately 3.2% of our total direct RIF....
105
10K
4576
617
The Company is involved in numerous lawsuits arising in the ordinary course of our business operations arising out of or otherwise related to its insurance policies. Certain of these lawsuits allege extra-contractual damages. These lawsuits are in various stages of development. The Company will generally contest these ...
113
10K
BeazleyPLC-AR_2015
390
Gross premiums written 123.6 123.2 Net premiums written 105.0 101.2 Results from operating activities 29.0 26.2 Claims ratio 29% 27% Expense ratio 47% 51% Combined ratio 76% 78% Rate change (6%) (2%)
32
annual_report
3648
2,741
The Company records impairments as investment losses and adjusts the cost basis of the fixed maturity and equity securities accordingly. The Company does not change the revised cost basis for subsequent recoveries in value.
34
10K
533
422
The Company has been named a defendant in various legal proceedings arising in the normal course of business. In the opinion of management, based on the advice of legal counsel, the ultimate resolution of these proceedings will not have a material effect on the consolidated financial statements. However, liabilities re...
71
10K
2566
1,333
The assets acquired and liabilities assumed in the APTIC acquisition were as follows (dollars in thousands):
16
10K
DirectLineInsuranceGroupPLC-AR_2017
96
Communities We are committed to supporting our employees’ charitable work, reducing our environmental impact, and inspiring a generation of safer young drivers.
22
annual_report
967
280
On January 2, 1998, the Company exercised its option to put its 40 percent share in Radian LLC to Dow, for approximately $129 million, net of expenses. Radian LLC was formed in January 1996 as a joint venture with Dow to provide environmental, engineering, information technology, remediation and strategic chemical mana...
110
10K
3260
1,053
The Trust Preferred Securities have a 30 year maturity and are redeemable by the Company at par on or after December 15, 2007 and May 16, 2008, respectively. Holders of the Trust Preferred Securities are entitled to receive cumulative cash distributions accruing from the date of issuance and payable quarterly in arrear...
169
10K
5287
1,335
Historically, the fair values of life settlement contracts were determined as the present value of the anticipated death benefits less anticipated premium payments based on contract terms that are distinct for each insured, as well as CNA’s own assumptions for mortality, premium expense, and the rate of return that a b...
119
10K
AegonNV-AR_2013
330
The combined risk-based capital ratio of Aegon’s life insurance subsidiairies in the United States was approximately 440% of the Company Action Level (CAL) risk-based capital. The IGD ratio in the Netherlands, excluding Aegon Bank, was approximately 240%. The Pillar I ratio in the United Kingdom, including the
47
annual_report
AegonNV-AR_2006
1,957
AEGON attaches high importance to fair disclosure of information to its stakeholders and the fi nancial markets in all relevant jurisdictions.
21
annual_report
3478
907
Impairment of Investments: In November 2005, the FASB released FASB Staff Position 115-1 and 124-1, The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments (FSP 115-1 and 124-1), which superseded guidance developed by the Emerging Issues Task Force in their consensus Issue 03-1, The Me...
83
10K
AegonNV-AR_2012
5,674
Aegon N.V.. Furthermore, the two members of the Executive Board of Aegon N.V. who are also members of the Executive Committee have no voting rights in respect of several decisions, set out in the Articles of Association, that relate to Aegon N.V.
42
annual_report
NatixisSA-AR_2010
5,341
COFACE CHILE – SUCC (COFACE S.A.) Insurance FC 100 100 100 100 Chile
13
annual_report
5410
523
The IRR segment uses a sophisticated approach to risk, which helps clients free up capital and manage investment complexity. The segment works closely with investors, reinsurers and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, IRR identifies new...
73
10K
1720
1,072
The fair value of policyholder account balances are estimated by discounting expected future cash flows, based upon interest rates currently being offered for similar contracts with maturities consistent with those remaining for the agreements being valued.
36
10K
1851
297
2001 2000 1999 ---- ---- ---- Statutory federal income tax rate applied to pretax income.................. 35.0% 35.0% 35.0% Dividends received deduction and tax-exempt interest........................ (1.7) (0.6) (0.1) Low-income housing credit................................................... (0.5) (0.4) (0.5) Other...
56
10K
4209
1,499
On February 9, 2011, the IRS filed a complaint and a motion for a preliminary injunction in the District Court seeking, inter alia, to enjoin enforcement of the Supplemental Injunction and the Confirmation Order against the IRS. The District Court dismissed the suit for lack of subject matter jurisdiction on February 1...
65
10K
3893
1,213
and casualty insurers measured for a period equal to the expected holding period of the option. The risk-free interest rate is based upon the yield on the measurement date of a zero-coupon U.S. Treasury bond with a maturity period equal to the expected holding period of the option. The expected holding period is based ...
90
10K
4770
1,412
Comprising consolidated debt related to NIMS VIEs ($2.8 million) and amounts related to financial guaranty VIEs ($91.8 million).
18
10K
ch_zurich_insurance_group-AR_2011
1,611
In November 2009, amendments to International Financial Reporting Interpretations Committee (IFRIC) 14 “Prepayments of a minimum funding requirement” were issued. The amendments to IFRIC 14, which itself is an interpretation of IAS 19 “Employee Benefits” is effective for annual reporting periods beginning on or after J...
89
annual_report
13
454
On March 25, 1993, BLH completed an IPO of 19.6 million shares of its common stock at $22 per share. Proceeds from the offering of $405.3 million (after underwriting and issuance costs) were used by BLH to redeem all outstanding preferred stock, to retire all junior subordinated debt, to prepay a portion of the senior ...
234
10K
SwissReAG-AR_2013
601
Global economy US growth was restrained by tax increases and spending cuts, but even so, the economy remained resilient. the eurozone emerged from recession in the second quarter but growth was fragile. Some member states remained in recession with tight fiscal and credit conditions and deleveraging of the private sect...
89
annual_report
3700
2,196
Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to...
50
10K
2305
742
earned surplus at December 31, 2003 would be available for distribution by American Equity Life to the parent company in the form of dividends or other distributions. As disclosed in our audited consolidated financial statements, our loan agreement has been amended from time to time to maintain our continuing complianc...
56
10K
4098
3,564
The aggregate pension accumulated benefit obligation and aggregate fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets is as follows:
28
10K
3860
3,099
On June 30, 2008, UG paid a cash dividend of $1,000,000 to UTG, Inc. An additional dividend of $2,000,000 was paid by UG to UTG, Inc. on December 18, 2008. On July 13, 2007, UG paid a cash dividend of $3,000,000 to UTG, Inc. AC paid cash dividends to its parent, ACAP, of $0 and $500,000 in 2008 and 2007, respectively. ...
96
10K
ScorSE-AR_2018
847
◆ Permanent representative of BPCE, Chairman of the SAS and Chairman of the Board of Directors of BPCE Domaines (France)
20
annual_report
1050
628
The Company has engaged certain outside vendors and dedicated certain employees on a full time basis to help in the full array of its Year 2000 efforts. This includes system assessment and monitoring advice, actual code remediation, communication and consultation with critical business partners and testing resources.
47
10K
2202
785
Retail brokerage and investment banking revenues were $397.1 million for the year ended December 31, 2002, an increase of $46.3 million, or 13.2%, compared to $350.8 million reported for 2001 to increased revenues from Advest, MSC, and Matrix. Advest had revenues of $348.3 million for 2002 compared to $304.1 million re...
195
10K
3319
1,130
When establishing our December 31, 2005 loss and loss expense reserves, we believed the accident year 2005 property loss ratio would be significantly impacted by claims activity resulting from Hurricanes Katrina, Rita and Wilma. In addition, due to the significantly higher claims per adjuster levels at the end of 2005 ...
53
10K
LloydsBankingGroupPLC-AR_2016
2,204
Deferred bonus awarded in 2016 624,065 – – – 624,065 5
11
annual_report
1726
982
Life's product liabilities, other than non-guaranteed separate accounts, include accumulation vehicles such as fixed and variable annuities, other investment and universal life-type contracts, and other insurance products such as long-term disability and term life insurance.
35
10K
4542
947
Primary casualty insurance provides primary general liability coverage principally to corporations in the construction, real estate and manufacturing sector. Excess casualty insurance is purchased by corporations which seek higher limits of liability than are provided in their primary casualty policies.
40
10K
4543
803
We believe that the global reinsurance market is generally at equilibrium with acceptable levels of profitability. There is some pressure in lines that have shown strong profitability and have attracted new capacity in recent years. On the other hand, there is some upside pressure on pricing for loss-affected property ...
76
10K
AegonNV-AR_2014
3,418
IFRS accounting policies for financial instruments and insurance contracts, which embed a number of accounting policies alternatives that companies may select in presenting their results (i.e. companies can use different local GAAPs to measure the insurance contract liability) and that can make the comparability from p...
49
annual_report
fr_axa-AR_2009
4,794
We offer our products and services in Europe, North America, the Asia/Pacifi c Region, the Middle East and Africa through wholly-owned and majority-owned subsidiaries, joint ventures, companies in which we hold non-controlling equity stakes, agents and independent contractors. Our international operations expose us to ...
246
annual_report
HannoverRueckSE-AR_2004
837
1. General accounting principles 80 2. Accounting principles including reporting and valuation methods 81 3. Consolidated companies and consolidation principles 81 4. Major acquisitions/new establishments 86 5. Notes on the individual items of the balance sheet and statement of income 86 5.1 Investments including incom...
210
annual_report
4485
1,168
The after-tax (charge) benefit to net income (loss) by asset and liability as a result of the Unlocks for 2011, 2010 and 2009 were:
24
10K
2847
5,362
Venture Capital had 2005 pre-tax segment income of $14.8 million compared to income of $19.3 million and $36.2 million in 2004 and 2003, respectively. The 2005 results reflected lower portfolio returns in our partnerships, while the 2004 and 2003 results reflected generally favorable private equity market conditions.
47
10K
296
450
Pursuant to the Company's investment policies, the Company does not invest in derivative securities other than MBSs.
17
10K
984
646
The following table provides the components of the net periodic benefit cost (credit) for the plans during 1998, 1997, and 1996.
21
10K
1187
559
Approximate aggregate minimum rental commitments under operating leases at December 31, 1999 are as follows:
15
10K
HiscoxLtd-AR_2001
181
The main elements of the system are as follows: • Risk identification – Workshops and reviews are used to identify, assess and prioritise business risks.
25
annual_report
5866
1,950
We also provide mortgage insurance on certain residential mortgage loans originated and securitized by third parties using VIEs to issue mortgage-backed securities. While we provide mortgage insurance on the underlying loans, we do not typically have any ongoing involvement with the VIE other than our mortgage insuranc...
64
10K
TrygAS-AR_2006
196
Strategy and focus areas for 2007 / TrygVesta Annual Report 2006 / Page 21 of 147
16
annual_report
NatwestGroupPLC-AR_2016
9,587
RBS’s balance sheet reduction programme, including the reduction of risk-weighted assets (RWAs) and the timing thereof; capital and strategic plans and targets; capital, liquidity and leverage ratios and requirements, including CET1 Ratio, RWA equivalents (RWAe),
35
annual_report
4792
809
Five and four vendors represented approximately 56% and 67% of our outstanding accounts payable balance as of December 31, 2013 and December 31, 2012, respectively.
25
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2001
888
more weather catastrophes of ever greater severity. With its global loss statistics, the insurance industry provides an important early-warning system, which is taken seriously by environmentalists, scientists and politicians alike.
30
annual_report
2888
2,593
The total securities classified as available-for-sale in an unrealized loss position for longer than six months by type as of December 31, 2005 and 2004 are presented in the following table.
31
10K
fr_axa-AR_2007
6,918
Shares reserved to a category of beneficiaries in connection with offerings reserved for employees 100 million (c) 18 months October 22, 2009
22
annual_report
AvivaPLC-AR_2013
2,297
Fund management Our fund management business invests policyholders’ and shareholders’ funds, provides investment management services for institutional pension fund mandates and manages a range of retail investment products, including investment funds, unit trusts, OEICs and ISAs. Clients include Aviva Group businesses ...
55
annual_report
4223
396
Reliance and Selection of Methods. Though all four of the models described above produce substantially similar results in our case, we rely heavily on our loss-development models when calculating our estimate of ultimate losses. Our focus on the two loss-development models is justified because of the relative responsiv...
158
10K
RaiffeisenBankInternationalAG-AR_2017
5,812
We have analyzed the allocation of derivatives and their presentation in the Statement of Financial Position using a sampling approach. We have analyzed the process documentation regarding derivative closing, settlement, valuation, risk and limit monitoring, clearing and internal data management. The design and impleme...
61
annual_report
HannoverRueckSE-AR_2013
58
We expect to see a significantly better result for life and health reinsurance than in the 2013 financial year, which was overshadowed in particular by losses from Australian disability business. Further profitable growth is anticipated above all from Asia, the Arab world and Central and Eastern Europe. We are also loo...
103
annual_report
4931
609
compared with 74.0% in 2012. The use of quota-share reinsurance overstates the net loss ratio. Loss adjustment expenses include all of the business subject to the quota-share treaties with ceding commission income booked as an offset to selling, general and administrative expenses. Excluding the impact of the quota-sha...
136
10K
StorebrandASA-AR_2013
1,588
Storebrand Livsforsikring AS, Storebrand Asset Management AS, Storebrand Bank ASA and Storebrand Forsikring AS are significant subsidiaries owned directly by Storebrand ASA. Storebrand Livsforsikring AS also owns the Swedish holding company Storebrand Holding
33
annual_report
SwissLifeHoldingAG-AR_2006
2,390
These reclassifications were also reflected in the consolidated statement of cash flow for the year ended 31 December2005.
18
annual_report
nl_ing_grp-AR_2019
769
ING also issued its first-ever green covered bond. In October, ING Bank Hipoteczny in Poland launched a PLN 400 million (USD 93 million) five-year green covered bond on the back of strong investor interest.
34
annual_report
3725
1,077
On a pro forma basis, net premiums and maintenance fees earned decreased by $8,269,000 (11%) to $64,081,000 from $72,350,000 for the year ended December 31, 2008 as compared to the same period in 2007. Written premiums and maintenance fees were down $1,469,000 year over year primarily due to rate decreases and we recog...
70
10K
5809
1,674
For a summary of MetLife, Inc.’s capital, see “- The Company - Capital.” See also “- The Company - Liquidity and Capital Uses - Common Stock Repurchases” for information regarding MetLife, Inc.’s common stock repurchases.
35
10K
2865
1,056
The Company is assessed amounts by state guaranty funds to cover losses to policyholders of insolvent or rehabilitated insurance companies. At December 31, 2005 and 2004, the Company has accrued $4,932,000 and $4,318,000, respectively, for guaranty fund assessments. Expenses incurred for guaranty fund assessments, were...
125
10K
5557
1,369
On December 21, 2018, the Oversight Board and certain other parties filed an adversary complaint in the Federal Court for Puerto Rico seeking a declaratory judgment that, among other things, the leases to public entities entered into by the PBA are not “true leases” for purposes of Section 365(d)(3) of the Bankruptcy C...
82
10K
HelvetiaHoldingAG-AR_2014
1,296
Helvetia in Switzerland (see section 3). They therefore also benefit from a discount of 16.038 %
16
annual_report
Sampoplc-AR_2017
2,043
The Board of Directors of Sampo is responsible for ensuring that Group’s risks are properly managed and controlled. The Board of Directors of Sampo defines financial and capitalization targets for the subsidiaries and approves group level principles which steer the subsidiaries’ activities. The risk exposures and capit...
72
annual_report
HannoverRueckSE-AR_2018
2,250
Compass Insurance Company Limited 1, Johannesburg / South Africa 100.00 ZAR 250,242 55,312
13
annual_report
AssicurazioniGeneraliSpA-AR_2016
1,064
Group written premiums by line of business at 2016 Group written premiums by line of business at 2015
18
annual_report
4062
759
In December 2007, a new accounting standard was issued which established accounting and reporting standards for ownership interests in subsidiaries held by parties other than the parent, the amount of consolidated net income attributable to the parent and to the noncontrolling interest, changes in a parent’s ownership ...
111
10K
1736
781
Cash paid for interest expense for the years ended December 31, 2001, 2000 and 1999, was $822, $722 and $878, respectively.
21
10K
1703
582
In June 2001, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards No. 141, "Business Combinations" ("SFAS 141"), which is effective for all business combinations after June 30, 2001, Statement of Financial Accounting Standards No. 142, "Goodwill and Other Intangible Asse...
294
10K
ASRNederlandNV-AR_2016
2,629
The financial assets and derivatives increased in 2016 by € 2,833 million primarily due to increase in the loans and receivables (€ 988 million) as a result of higher production of mortgages, increase in total value of derivatives (€ 664 million) due to the decrease of the long-term interest rate and increase in cash a...
93
annual_report
4841
1,402
MetLife Insurance Company of Connecticut and MLI-USA, are members of regional banks in the Federal Home Loan Bank (“FHLB”) system (“FHLBanks”). Holdings of common stock of FHLBanks, included in equity securities, were as follows at:
35
10K
890
383
Of the cash and cash equivalents that total $83,910,000 million in the accompanying Consolidated Balance Sheet at December 31, 1998, $81,328,000 million is limited for use only by the Company's regulated subsidiaries. Such amounts are available for transfer to Sierra from the regulated subsidiaries only to the extent t...
84
10K
nl_ing_grp-AR_2014
3,353
Underlying income – Net interest result - banking operations 12,376 12,376 – Commission income 2,290 2,290 – Total investment and other income 630 630 Total underlying income 15,296 15,296
29
annual_report
5532
899
A significant judgment in the valuation of investments is the determination of when an other-than-temporary decline in value has occurred. We follow a consistent and systematic process for recognizing impairments on securities that sustain other-than-temporary declines in value. We have established a committee responsi...
247
10K
NatixisSA-AR_2014
9,599
V May not under any circumstances exceed the statutory limit imposed on this type of offering (currently 20% of capital per year)
22
annual_report
fr_axa-AR_2019
10,756
(1) A 100 bps rise in interest rates leads to a 6.2% improvement in the fair value of debt, a -0.1% deterioration in the fair value of loans, and an improvement of 892% in the fair value of loans.
39
annual_report
AegonNV-AR_2016
314
EUR 400 million share buyback, dividends to shareholders, interest payments and operating expenses.
13
annual_report
2512
692
The number of loans in default reported above includes all reported delinquencies that are in excess of two payments in arrears at the reporting date and all reported delinquencies that were previously in excess of two payments in arrears and have not been brought current. The increase in the default rate for flow busi...
90
10K
gb_prudential-AR_2011
903
Defined benefit schemes in the UK are generally required to be subject to a full actuarial valuation every three years, in order to assess the appropriate level of funding for schemes in relation to their commitments. The last completed actuarial valuation of PSPS was as at 5 April 2008, demonstrating the scheme to be ...
244
annual_report
4447
2,033
A roll-forward follows of property and casualty insurance product liabilities for unpaid losses and loss adjustment expenses for the year ended December 31, 2009:
24
10K
ScorSE-AR_2012
1,160
The financial data of the SCOR Group is presented in “Paragraph 3 – Selected financial data” and in “Paragraph 20.1 –
21
annual_report
HannoverRueckSE-AR_2015
432
Bearing in mind that takaful and retakaful markets have now become fiercely competitive – in part due to the entry of new market players –, rates remain under sustained pressure. Hannover Re has been active in retakaful business since 2006 and the company is strongly positioned. We were particularly successful in growi...
68
annual_report
gb_prudential-AR_2009
4,665
Experience variances and other items: Mortality and morbidity 5 52 34
11
annual_report
NatwestGroupPLC-AR_2013
5,894
By year 2013 High 25.86 25.55 24.00 24.03 23.72 23.92 24.63 23.70 24.45 25.44 98.50 107.70 Low 24.07 23.52 18.46 19.58 19.46 19.29 20.57 19.26 20.23 21.83 84.00 90.27 2012 High 25.35 24.96 23.57 23.09 22.98 22.83 23.40 22.96 23.31 24.50 90.00 100.59 Low 17.60 16.76 15.46 11.63 11.53 11.41 12.24 11.41 11.83 13.08 53.63 ...
137
annual_report
4622
1,518
In May 2011, the FASB issued Accounting Standards Update ("ASU") 2011-04, "Fair Value Measurement (ASC Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS" ("ASU 2011-04"), which includes the following amendments:
39
10K
fr_axa-AR_2008
3,889
Non controlled investment funds designated as at fair value through profit or loss (b) 2,187 2,187 0.43% 63 63 0.50% 2,250 2,250 0.43%
23
annual_report
5175
837
The Company unlocked the DPAC balance associated with its annuity segment in 2015 for future expense assumptions pertaining to product development override costs (trailer commissions) which it is obligated to pay certain contracted National Marketing Organizations. The effect of the prospective unlocking was to decreas...
63
10K
RSAInsuranceGroupPLC-AR_2017
3,548
The Westminster Fire Office Limited 82 King Street, Manchester, M2 4WQ, United Kingdom
13
annual_report
fr_axa-AR_2001
4,084
• Assets supporting the separate account (unit-linked) contracts stated at market value had a negative impact of €11.6 billion on the net investment result (2000: negative impact of €4.7 billion and 1999: positive impact of €13.6 billion).
37
annual_report
GjensidigeForsikringASA-AR_2017
1,028
The geographical distribution1 of the match portfolio is shown in the chart on page 72.
15
annual_report
4975
477
For many exposures, especially those that can be considered long-tail, a particular accident or policy year may not have a sufficient volume of paid losses to produce a statistically reliable estimate of ultimate losses. In such a case, our actuaries typically assign more weight to the incurred development method than ...
199
10K
HelvetiaHoldingAG-AR_2017
1,086
2.5.2 Impairment of available-for-sale investments The judgement as to whether an equity instrument classified as available-for-sale is subject to impairment depends on the existence of objective indications. One decisive criterion is a constant or considerable decrease in the value of an instrument: at Helvetia Group,...
86
annual_report
SwissLifeHoldingAG-AR_2009
3,155
Insurance and other receivables and loans are now included within loans and receivables.
13
annual_report
ScorSE-AR_2018
2,111
3.2.4.1. SCOR OPERATES IN A HIGHLY COMPETITIVE SECTOR AND WOULD BE ADVERSELY AFFECTED BY LOSING COMPETITIVE ADVANTAGE OR IF ADVERSE EVENTS HAD AN IMPACT ON THE REINSURANCE INDUSTRY
28
annual_report
4488
1,044
At December 31, 2011, goodwill and other long-lived assets represented 23% of total assets and 51% of total stockholders’ equity, compared to 23% and 55%, respectively, at December 31, 2010.
30
10K