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fr_axa-AR_2006
4,578
Cumulative Payments to date / Projected Ultimate Cost 35% 33% 33% 31%
12
annual_report
NatixisSA-AR_2010
3,217
4FINANCIAL DATA Notes to the consolidated fi nancial statements and notes 4.2.3 CREDIT INSURANCE SPES (COFACE SUB-GROUP)
17
annual_report
de_allianz-AR_2017
2,555
Insurance Western & Southern Europe, Middle East and Africa 1,371 1,418
11
annual_report
fr_axa-AR_2005
2,864
(k) Adjusted earnings represent the net income (group share) before: (i) The impact of exceptional operations (primarily change in scope, including restructuring costs related to a newly acquired company during the considered accounting period). (ii) Goodwill and other related intangible impacts, and (iii) Profit and l...
108
annual_report
NatwestGroupPLC-AR_2019
2,901
At 1 January 2019 10,782 11 1,394 75 2,278 657 14,454 743 Currency translation and other adjustments (548) (1) (63) (2) (91) (18) (702) (21) Transfers from Stage 1 to Stage 2 (1,329) (4) 1,329 4 — — — — Transfers from Stage 2 to Stage 1 1,480 22 (1,480) (22) — — — — Transfers to Stage 3 (40) (2) (278) (27) 318 29 — — T...
243
annual_report
AssicurazioniGeneraliSpA-AR_2016
4,258
GIAF Financial Limited 016 CNY 51,703,507 G 11 100.00 NKFE Insurance Agency Company Limited 100.00 89.00
16
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2011
2,068
We conducted our audit of the consolidated financial statements in accordance with section 317 of the German commercial code and German generally accepted standards for the audit of financial statements promulgated by the institute of public auditors in Germany (idW). those standards require that we plan and perform th...
222
annual_report
3865
1,982
Other intangible assets were comprised of the following at December 31:
11
10K
5864
949
Net (decrease) increase in cash and cash equivalents (175,499) 70,322 50,696
11
10K
NatixisSA-AR_2007
3,327
and Europe. The business line nevertheless grew signifi cantly over the full year, boosted by record LBO business in the fi rst half, when transaction volume exceeded that for the whole of 2006. The economic climate opened up new opportunities to join club deals in Europe and the USA and to act as bookrunner for medium...
57
annual_report
INGGroepNV-AR_2020
7,100
may be subject to tax audits, investigations and procedures in numerous jurisdictions at any point in time. Although we believe that we have adequately provided for all our tax positions, the ultimate resolution of these audits, investigations and procedures may result in liabilities which are different from the amount...
80
annual_report
2987
6,294
Fixed income securities include bonds and bank loans, which are primarily senior secured corporate loans, and redeemable preferred stocks. Fixed income securities may be sold prior to their contractual maturity ("available for sale") and are carried at fair value, with the exception of bank loans that are carried at am...
181
10K
StandardLifeAberdeenPLC-AR_2017
3,622
The specific controls and techniques used to manage the market risks in the shareholder and participating businesses are discussed below: Shareholder business Assets in the shareholder business are managed against benchmarks that ensure they are diversified across a range of asset classes, instruments and geographies. ...
69
annual_report
3369
881
Excluded from the table above are deferred income tax liabilities, unrecognized tax benefits, and accrued interest of $760.6 million, $198.2 million, and $33.7 million, respectively, for which the Company cannot reliably determine the timing of payment. Current income tax payable is also excluded from the table.
46
10K
4834
977
Our AFS investments comprise high-quality fixed-income securities and short-term investments. As of December 31, 2013 and 2012, the fair values of our consolidated AFS investments were $6.6 billion and $5.6 billion, respectively, as presented in the following table. Additionally, consolidated cash and cash equivalents ...
58
10K
5015
373
Unobservable inputs, as discussed below, are a critical component of our estimate for the fair value of our investments in life insurance policies. We currently use a probabilistic method of estimating and valuing the projected cash flows of our portfolio of life insurance policies, which we believe to be the preferred...
92
10K
2996
6,944
Universal life insurance revenue increased 39% due to higher cost of insurance fees from growth of in-force business, increased investment earnings from higher funds on deposit and increased fees from higher sales in 2006.
34
10K
NatixisSA-AR_2003
606
Banking, 2003 was a year of strong growth, with net banking income up 11%
14
annual_report
NatwestGroupPLC-AR_2010
1,436
Ulster Bank Mortgages — 6.0 6.5 Commercial investment and development 5.6 3.0 2.9 Residential investment and development 7.1 5.6 5.9 Other 1.9 1.1 1.1 Other EMEA 0.4 1.0 1.3 Total Ulster Bank 15.0 16.7 17.7
35
annual_report
AvivaPLC-AR_2017
134
UN Momentum for Change award in recognition of a decade of work reducing the environmental impact of our business and helping inspire action on climate change.
26
annual_report
2197
927
We compete for distribution sources in our life, annuity and asset management businesses. We believe that our success in competing for distributors depends on factors such as our financial strength and on the services we provide to, and the relationships we develop with, these distributors. Our distributors are general...
113
10K
1976
966
Overall underwriting results for specialty businesses were excellent with written premiums growing due to rate increases, favorable weather conditions, high renewal retentions and new business. During
26
10K
gb_prudential-AR_2010
3,216
Operating profit based on longer-term investment returnsnote iii 719 833 532 284 22 72 2,462 (521) 1,941
17
annual_report
PhoenixGroupHoldingsPLC-AR_2018
979
Within Standard Life Assurance the Customer Operations team has been working in partnership with Age Scotland and Alzheimer Scotland to deliver training to help colleagues better understand how to handle calls with vulnerable customers. An extensive training programme took place across 2018 which involved face-to-face ...
66
annual_report
fr_axa-AR_2008
6,235
Statutory Auditors; • The main audit issues are addressed and resolved through “clearance meetings” in which local and central financial teams participate, as well as Statutory Auditors; • The principal options for closing the consolidated accounts are presented to the Management Board and then to the Audit
47
annual_report
4503
1,384
We recognize interest expense related to unrecognized tax benefits in tax expense net of federal income tax. The total amount of accrued interest and penalties in the consolidated and combined balance sheet follows.
33
10K
RaiffeisenBankInternationalAG-AR_2020
3,572
Parallel shift of the yield curve by 100 basis points 126,339 122,574 3,765 2019 in € thousand Covered by LAT test Scenario Difference
23
annual_report
TopdanmarkAS-AR_2010
478
The accounting department is responsible for the preparation of interim and annual reports. Key contributors are: • Non-life and life actuarial services (technical provisions) • Asset management (financial assets and liabilities) • Finance functions (calculation and distribution of costs etc.)
40
annual_report
5251
2,348
The Company, either directly or through third party investment managers, may use derivative instruments within its investment portfolio, including interest rate swaps and options on interest rate swaps, total return swaps, credit derivatives (including single name and index credit default swaps and options on credit de...
186
10K
4136
638
Net Investment Income and Other Income. Net investment income includes primarily income on our portfolio of debt securities. Also included in net investment income is lease income from our investment in real property. Net investment income for 2009 decreased $4.3 million, or 31.3%, compared with 2008, consisting of a $...
127
10K
HannoverRueckSE-AR_2001
38
Dr. Horst Dietz Region Manager North and Southeast Asia Singapore of ABB Asea Brown Boveri AG
16
annual_report
4350
550
Interest Income and Expense - Net interest and other income decreased $659,414, from $1,493,464 in fiscal 2010 to $834,050 in fiscal 2011. Net interest and other income decreased $310,826 from $1,804,290 in fiscal 2009 to $1,493,464 in fiscal 2010. The decrease in net interest and other income in fiscal 2010 and 2011 c...
159
10K
ScorSE-AR_2016
4,097
APPENDIX G – COMMISSION REGULATION OF APRIL 29, 2004 – CORRESPONDENCE TABLE 311
13
annual_report
4312
2,126
Upon a conversion, we will pay cash up to the aggregate principal amount of the notes to be converted and pay or deliver, as the case may be, cash, shares of our common stock or a combination of cash and shares of our common stock, at our election, in respect of the remainder, if any, of our conversion obligation that ...
159
10K
2084
810
FIN 46 applies immediately to variable interest entities created after January 31, 2003, and to interests obtained after that date to an interim reporting period beginning after June 15, 2003. The Company is currently evaluating the impact FIN 46 may have on its financial statements.
45
10K
SwissReAG-AR_2020
5,019
Strategy, we place special emphasis on mitigating climate risk and advancing the energy transition, building societal resilience and driving affordable insurance through digital solutions.
24
annual_report
3562
1,767
Premiums ceded to reinsurers increased by $3.4 million, or 5.2%, to $69.1 million during 2007. The ratio of premiums ceded to premiums written decreased by 0.9 percentage points, from 41.3% in 2006 to 40.4% in 2007 primarily as a result of lower costs of facultative reinsurance and the effects of the mix of business.
54
10K
PowszechnyZakladUbezpieczenSA-AR_2013
723
Kraków has been consolidated in the PZU Group’s consolidated financial statements since 1 January 2011.
15
annual_report
4884
2,616
The Company had net receivables (payables) from/to affiliates, related to the items discussed above, of $26 million and ($206) million at December 31, 2014 and 2013, respectively.
27
10K
4282
1,011
The amount of interest income recognized on impaired commercial mortgage loans was $2.8 million, $0.1 million and $0.1 million for 2010, 2009 and 2008, respectively. The cash received by us in payment of interest on impaired commercial mortgage loans was $3.3 million, $0.1 million and $0.1 million for 2010, 2009 and 20...
53
10K
4259
6,924
Our ratings are influenced by many factors including our operating and financial performance, asset quality, liquidity, asset/liability management, overall portfolio mix, financial leverage (i.e., debt), exposure to risks such as catastrophes and the current level of operating leverage.
38
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_1999
949
Gains on disposal 1,680 1,566 – Fixed-interest securities 274 426 – Non-fixed-interest securities 1,406 1,140 Losses on disposal 253 90 – Fixed-interest securities 94 44 – Non-fixed-interest securities 159 46
30
annual_report
NatwestGroupPLC-AR_2017
1,900
UK PBB NIM decreased by 16 basis points to 2.97% reflecting the impact of the overall portfolio mix being increasingly weighted towards secured lending and mortgage customers switching from standard variable rate (SVR) to lower rate products. During the second half of 2016 SVR balances stabilised at approximately 12% o...
90
annual_report
NatixisSA-AR_2002
699
In addition to containing traditional corporate documents in French and English, it also hosts a special sub-site dedicated to individual shareholders, as well as an FAQ section.
27
annual_report
PhoenixGroupHoldingsPLC-AR_2018
3,024
Assets pledged The Group pledges collateral in respect of its OTC derivative liabilities. The value of assets pledged at 31 December 2018 in respect of OTC derivative liabilities of £1,009 million (2017: £1,193 million) amounted to £554 million (2017: £631 million).
41
annual_report
4263
551
The following table summarizes the fair value of the Company’s investments in Fixed Maturities by industry at December 31, 2010 and 2009:
22
10K
2293
678
The 2003 domestic and foreign combined ratios improved over last year’s ratios primarily because the growth in net premiums exceeded the growth in expenses, continued expense control in 2003 and the impact of the $2.8 billion loss reserve charge in 2002.
41
10K
3827
1,551
Offsetting these reductions were higher gross premiums written in our casualty segment of $109.6 million, or 18.9%, primarily due to increased gross premiums written by our U.S. offices as well as the inclusion of Darwin’s gross premiums written for the period from October 20, 2008 to December 31, 2008. Gross premiums ...
100
10K
NatixisSA-AR_2016
8,446
recognized over the period of the position. Unrealized gains and used to hedge and manage Natixis’ overall interest rate risk are Expenses and income arising from forward financial instruments reporting date and any unrealized losses are taken to the income interest flows. Contracts are marked to market value at each s...
53
annual_report
5598
2,207
We granted performance share awards to certain employees under the 2014 Stock Incentive Plan and the Amended and Restated 2010 Stock Incentive Plan. The performance share awards are treated as an equity award and are paid in shares. Whether the performance shares are earned depends upon the participant's continued empl...
172
10K
AvivaPLC-AR_2007
2,333
** The lower average number in 2006 reflects the inclusion of AmerUs staff only since November 2006.
17
annual_report
StorebrandASA-AR_2003
1,500
The term financial derivatives embraces a wide range of financial instruments for which the current value and future price movements are determined by equities, bonds, foreign currencies or other traditional financial instruments. Derivatives require less capital than is the case for traditional financial instruments s...
90
annual_report
NatwestGroupPLC-AR_2010
2,318
The table below analyses the Group's REIL and PPL and takes no account of the value of any security held which could reduce the eventual loss should it occur, nor of any provisions.
33
annual_report
4830
485
Forward-looking statements can generally be identified by the use of words like “believes,” “could,” “possibly,” “probably,” “anticipates,” “estimates,” “projects,” “expects,” “may,” “will,” “should,” “seek,” “intend,” “plan,” “expect” or “consider,” or the negative of these expressions or other variations, or by discu...
143
10K
1558
514
Other operating expenses increased to $30,052,000 for the year ended December 31, 1999 from $19,313,000 in 1998, as a result of the costs incurred to implement PXRE's planned diversification including an increase in salary and related benefit costs of $6,329,000 and data processing costs of $1,462,000. Included in othe...
108
10K
4269
681
Depending on the results of the calculation, there is a broad range of potential rebate and other business impacts and there could be meaningful disruption in local health care markets if companies decide to adjust their offerings in response to these requirements. For example, companies could elect to change pricing, ...
222
10K
2335
571
• debt and claims-paying ratings issued by nationally recognized statistical rating organizations; and
13
10K
5258
2,117
The New Jersey Excess Catastrophe Reinsurance agreement comprises three contracts that reinsure personal lines property and automobile excess catastrophe losses in New Jersey caused by multiple perils. The contracts expire May 31, 2017, May 31, 2018 and May 31, 2019, and provide 31.67%, 31.66% and 31.67%, respectively,...
72
10K
4954
1,520
Years Ended December 31, 2013 compared with 2012. Net cash provided by operating activities for the year ended December 31, 2013 increased $8.4 over 2012. This increase was primarily the result of timing differences in the settlement of federal income tax liabilities, and higher net investment income, including bond ma...
74
10K
ch_zurich_insurance_group-AR_2011
3,335
6 The share and share option grants will vest in the future according to achievement of defined performance conditions. The value of the share and share options assumes that the grant will vest in the future at 100 percent of the target level with the valuation of the options based on the Black-Scholes option pricing m...
96
annual_report
1435
386
Life insurance in-force aggregated approximately $1.2 billion at December 31, 2000, and 1999. Mortality and withdrawal assumptions are based upon the Company's experience and actuarial judgment with an allowance for possible unfavorable deviations from the expected experience.
37
10K
NatwestGroupPLC-AR_2019
1,461
 The Committee will minimise buy-outs wherever possible and ensure they are no more generous than, and on substantially similar terms to, the original awards or payments they are replacing. No sign-on awards will be offered on joining.
38
annual_report
4714
876
Certain costs of acquiring new business are deferred and amortized over the policy's premium payment period in proportion to anticipated premium income. Future amortization of DAC is based upon our estimates of persistency, interest and future premium revenue generally established at the time of policy issuance. Howeve...
92
10K
4315
968
Our primary property catastrophe treaty for events outside the United States provides coverage of approximately 75% of losses (net of recoveries from other available reinsurance) between $100 million and $350 million.
31
10K
3070
226
(IN MILLIONS) 2006 2005 2004 ------- ------- ------- Premiums $ 576 $ 474 $ 637 Contract charges 1,009 1,079 961 Net investment income 4,057 3,707 3,260 Periodic settlements and accruals on non-hedge derivative instruments (1) 56 63 49 Contract benefits (1,372) (1,340) (1,359) Interest credited to contractholder funds ...
163
10K
5128
2,158
The Company manages its business through the following operating segments: Bankers Life, Washington National and Colonial Penn, which are defined on the basis of product distribution; and corporate operations, comprised of holding company activities and certain noninsurance company businesses. In periods prior to 2014,...
125
10K
5517
984
We measure profit or loss for our commercial lines, personal lines, excess and surplus lines and life insurance segments based upon underwriting results (profit or loss), which represent net earned premium less loss and loss expenses, or contract holders’ benefits incurred, and underwriting expenses on a pretax basis. ...
134
10K
5400
865
As a group at December 31, 2017, the Company retained the first $10,000 of weather related losses from catastrophe events and had reinsurance under various reinsurance agreements up to $74,600 in excess of its $10,000 retained risk. These reinsurance risk limits will remain in effect for 2018. Prior to January 1, 2017,...
63
10K
fr_axa-AR_2017
1,421
Appointed on April 30, 2015 Term expires at the 2019 Shareholders’ Meeting
12
annual_report
5930
585
make payments, we will provide for probable losses resulting from our inability to collect amounts due from such parties, as appropriate. We evaluate the credit worthiness of all the reinsurers to which we cede business. We report reinsurance recoverables net of an allowance for expected credit loss. The allowance is b...
122
10K
AegonNV-AR_2007
2,944
Individual savings and retirement products 66,659 6,172 – 35 – – 72,866
12
annual_report
fr_axa-AR_2011
4,164
(d) Treasury shares as indicated in Note 13 to “Consolidated Financial Statements” included in Part 4 of this Annual Report.
20
annual_report
ScorSE-AR_2017
4,241
●● The Human Resources department controls all processes related to the management of human capital.
15
annual_report
NatwestGroupPLC-AR_2017
530
• Introduced a chat bot called ‘Cora’ that answers questions from customers 24/7, freeing up colleagues time so that they can help customers with more complex queries. Cora currently handles over 100,000 customer conversations per month across our web and online channels.
42
annual_report
NatwestGroupPLC-AR_2014
5,768
• Statistically RBS would expect to see back-testing exceptions 1% of the time over a one-year period. From a capital requirement perspective, the PRA categorises a firm’s VaR model as green, amber or red. A green model status is consistent with a satisfactory
43
annual_report
5509
1,137
At December 31, 2018, the Company had yet to recognize $4.7 million of unamortized expense related to outstanding RSUs and expects to recognize these costs on a straight-line basis over the next 39 months. The grant date fair value of RSUs vested and the intrinsic value of vested RSUs for the years ended December 31, w...
58
10K
5053
1,778
For the year ended December 31, 2014 (Predecessor Company), the Company sold securities in an unrealized loss position with a fair value (proceeds) of $22.9 million. The loss realized on the sale of these securities was $1.2 million. The Company made the decision to exit these holdings in conjunction with our overall a...
56
10K
de_allianz-AR_2007
1,793
– Contingent consideration must be recognised and measured at fair value at the acquisition date. Subsequent changes in fair value are recognised in accordance with other IFRSs, usually in profit and loss. Goodwill is no longer adjusted for those changes.
40
annual_report
ASRNederlandNV-AR_2008
136
Monetary items At balance sheet date any outstanding balances in foreign currency are recognised at the closing rate for monetary items. Exchange rate differences that occur on translation of monetary items are recognised in the income statement.
37
annual_report
5078
442
launch and expansion of complementary insurance products including, renters, term life, and third party homeowners and commercial automobile;
18
10K
4063
574
The amortized cost and fair value of unaffiliated fixed maturities at December 31, 2009, by contractual maturity, were as follows:
20
10K
NatixisSA-AR_2005
188
Comas Jean-François AGM of 2009 Director Chief Executive Officer May 23, 2002 Banque Populaire Côte d’Azur 457, promenade des Anglais 06292 Nice cedex 3
24
annual_report
StorebrandASA-AR_2000
340
Other Income Total non-interest income showed a significant increase from NOK 61.8 million in 1999 to NOK 362.6 million in 2000. The increase should be seen against the background of the concentration of all the Storebrand group’s distribution activities for the retail market into Storebrand Bank with effect from 2000....
134
annual_report
2660
307
STOCK-BASED COMPENSATION: The Company uses the "fair value method" to account for options granted to employees and non-employee directors in accordance with Statement of Financial Accounting Standards No. 123, STOCK-BASED COMPENSATION, as amended by Statement of Financial Accounting Standards No. 148, ACCOUNTING FOR ST...
49
10K
4542
1,107
We recorded income tax expense of $28.0 million, $7.1 million and $29.3 million for the years ended December 31, 2012, 2011 and 2010 respectively. The effective tax rates were 30.5%, 21.8% and 29.6% for the years ended December 31, 2012, 2011 and 2010, respectively. The increase in effective tax rate from 2011 to 2012 ...
110
10K
5147
914
The table below shows total reserves net of reinsurance recoverables (“net reserves”) as of December 31 by line of business.
20
10K
Sampoplc-AR_2000
1,506
Remaining acquisition cost 44 40 Book value 56 67 Current value 75 76
13
annual_report
5273
959
The Commission expense ratio increased 0.2 percentage points for the year ended December 31, 2015 compared to the same period in 2014, primarily due to less ceded proportional reinsurance and related ceding commission benefit within our P&C operating segment as a result of the change in the proportional reinsurance pro...
85
10K
5714
851
Make strategic, measured changes to our business practices to improve our competitive advantage
13
10K
SwissReAG-AR_2018
2,327
A d d iti o n al t w o -y ea r h o ld in g
18
annual_report
DirectLineInsuranceGroupPLC-AR_2015
20
• Investment in brand differentiation through further enhancements, a succession of initiatives to Direct Line proposition and improved trading capability across Churchill and Privilege, particularly on price comparison websites
29
annual_report
PhoenixGroupHoldingsPLC-AR_2019
3,429
G1.1 Pearl Group Staff Pension Scheme Scheme details The Pearl Scheme comprises a final salary section, a money purchase section and a hybrid section (a mix of final salary and money purchase). The final salary and hybrid sections of the Pearl Scheme are closed to new members, and since 1 July 2011 are also closed to f...
61
annual_report
de_allianz-AR_2013
2,333
Financial liabilities designated at fair value through income – – Total 6,013 5,397 17 – Liabilities to banks and customers liabilities to banks and customers € mn as of 31 December 2013 2012
33
annual_report
2312
1,038
The FASB issued Financial Accounting Standards No. 150, "Accounting for Certain Financial Instruments with Characteristics of Both Liabilities and Equity" ("SFAS 150") in May 2003. SFAS 150 establishes standards for classifying and measuring certain financial instruments that embody obligations of the issuer and have c...
164
10K
NatixisSA-AR_2017
3,607
The Corporate Center’s net revenues stood at €657 million in 2017, of which €624 million for Coface. They include -€104 million for the return of foreign-currency DSNs to the historic exchange rate, versus €9 million in 2016.
37
annual_report
PowszechnyZakladUbezpieczenSA-AR_2010
555
TFI PZU created PZU Dłużny Rynków Wschodzących, a sub-fund of PZU SFIO Globalnych Inwestycji.
14
annual_report
Sampoplc-AR_2009
366
At its organizational meeting, the Board elected Björn Wahlroos as Chairman. The following members were elected to the Nomination and Compensation Committee: Björn Wahlroos (Chairman), Matti Vuoria (Vice Chairman), Christoffer Taxell, Anne Brunila and Eira Palin-Lehtinen. Christoffer Taxell
38
annual_report
3893
610
On March 10, 2006, the Board approved amendments to the Incentive Plan, subject to shareholder approval, to (i) increase the number of shares of common stock available for issuance by 1,250,000 shares, (ii) remove obsolete provisions, and (iii) make other non-material changes. A total of 1,250,000 shares of common stoc...
61
10K
5545
1,532
In connection with the Transaction Closing, the Company and the Senior Secured Note Trustee entered into the Amended and Restated Senior Secured Indenture to amend and restate the Senior Secured Indenture between the Company and the Senior Secured Note Trustee following the Company’s receipt of requisite consents of th...
162
10K
2104
1,152
the remaining hedges. (See Note 16 to the Consolidated Financial Statements.) Subsequent to the implementation of Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging Activities," all gains and losses from both effective and ineffective forward exchange contracts have ...
61
10K