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NatixisSA-AR_2003
4,573
At the end of each period, the securities sold under repurchase agreements are valued in accordance with the rules applicable to the type of securities portfolio in which they were originally held.
32
annual_report
1092
548
Future minimum commitments under operating leases as of December 31, 1998 are summarized as follows:
15
10K
4252
1,283
The commitment fee on the total unused commitments of the lenders under the Credit Facility is 50 basis points on all levels of the pricing grid, with the pricing grid referring to our ratio of consolidated funded debt to consolidated EBITDA. The pricing for LIBOR loans and base rate loans is 200 basis points at every ...
154
10K
3697
259
Third party administration fees were $169,341 for the year ended December 31, 2008, an increase of $44,107 compared to the year ended December 31, 2007. The increase was due to an escalation clause in the fees in the administration service agreement and for providing additional services.
46
10K
BeazleyPLC-AR_2019
563
To support Beazley’s growth we have a scalable and efficient operating platform that through focused investment has become an important competitive advantage. A high performing global operations function relies on us maintaining consistency in operational standards throughout the group, while being prepared to try new ...
155
annual_report
1968
653
The following is a discussion and analysis of the Company’s results of operations for the year ended December 31, 2002 compared to the year ended December 31, 2001, and for the year ended December 31, 2001 compared to the year ended December 31, 2000 and also a discussion of the Company’s financial condition as of Dece...
140
10K
3169
1,138
(4) The recognition of the underfunded status of employee benefit plans is net of income taxes (refer to Note 13).
20
10K
SwissLifeHoldingAG-AR_2006
260
The Investment Management segment is primarily responsible for managing Swiss Life’s insurance assets in Switzerland and third-party mandates. The main companies grouped under Swiss Life Investment Management Holding AG include key firms in this segment, namely, Swiss Life Asset Management, Swiss Life Funds AG and Swis...
112
annual_report
GjensidigeForsikringASA-AR_2016
2,320
Cooperating companies Fire Mutuals 30.7 39.9 Gjensidige Pensjonskasse 2 111.0 111.0 Total intercompany balances with cooperating companies 111.0 30.7 111.0 39.9 2 Gjensidige Forsikring ASA is a sponsor of Gjensidige Pensjonskasse and has contributed with funds equiavelt to NOK 111.0 million.
41
annual_report
5117
602
Organic Revenues - For the brokerage segment, organic change in base commission and fee revenues excludes the first twelve months of net commission and fee revenues generated from acquisitions accounted for as purchases and the net commission and fee revenues related to operations disposed of in each year presented. Th...
236
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
2,251
The exercise period for the warrants 1998/2002 expired on 3 June 2002. Thus at the reporting date there were no more potential shares in circulation that would have a diluting effect.
31
annual_report
NatixisSA-AR_2016
3,666
Operational Risk Committees review their serious incidents, corrective actions. At all levels of the Bank, the business line impact per incident. Most operational risk incidents occur frequently and have a low
31
annual_report
5634
4,119
0.8% or 162 thousand decrease in PIF as of December 31, 2017 compared to December 31, 2016. The rate of PIF change compared to the prior year improved throughout 2017. Auto PIF increased in 18 states, including 3 of our largest 10 states, as of December 31, 2017 compared to December 31, 2016.
53
10K
StandardLifeAberdeenPLC-AR_2019
2,867
The year end date for HDFC Life is 31 March which is different from the Group’s year end date of 31 December. For the purposes of the preparation of the Group’s consolidated financial statements, financial information as at and for the 12 months ended 31 December is used for HDFC Life.
51
annual_report
AvivaPLC-AR_2013
1,868
iv) IFRS 13, Fair Value Measurement IFRS 13 establishes a single standard for all fair value measurements. The standard does not change the scope of fair value measurement, but provides further guidance on how fair value should be determined. The changes have no significant impact on the Group’s application of fair val...
118
annual_report
ScorSE-AR_2011
5,805
The GREENSCOR manager, appointed in 2009, relies on and reports to the Group Corporate Social Responsibility
16
annual_report
4523
2,677
We generally use a combination of loss development methods and expected loss ratio methods for healthcare classes of business. Frequency/severity methods are sometimes used for pricing certain healthcare accounts or business. However, in testing loss reserves the business is generally combined into larger groupings to ...
52
10K
AegonNV-AR_2012
2,402
He is also Deputy Chief Executive Officer and Vice-Chairman of the Board of Directors of Air France-KLM S.A. Furthermore, he is Vice-Chairman of the Supervisory Board of Randstad Holding
29
annual_report
1050
549
PREMIUMS. The following table shows the premiums, in thousands, received by the Company as a result of direct sales and acquisitions. Certain reclassifications have been made to 1997 and 1996 amounts in order to conform to 1998 presentation.
38
10K
ScorSE-AR_2014
3,518
 50% on the basis of the achievement of personal objectives (equally weighted), defined annually at the beginning of each year by the Board of Directors on the recommendation of the Compensation and Nomination Committee.
35
annual_report
BeazleyPLC-AR_2018
2,220
Foreign exchange forward contracts The group entered into over-the-counter foreign exchange forward agreements in order to economically hedge the foreign currency exposure resulting from transactions and balances held in currencies that are different to the functional currency of the group.
40
annual_report
5199
545
FSC maintains reinsurance agreement with various syndicates at Lloyd's of London. The reinsurance agreement is an excess of loss contract that protects FSC against losses up to certain limits over stipulated amounts. Such cash is invested in investment collateral accounts managed by Jacobs utilizing investment strategi...
57
10K
5527
819
These results include the acquisition of Anchor on March 11, 2015, which will affect the comparability of the data. See ‘Part II, Item 8, Note 3, Goodwill and Intangible Assets,’ in the Notes to Consolidated Financial Statements for further discussion of the impact of this acquisition.
46
10K
RSAInsuranceGroupPLC-AR_2013
2,559
Issued and fully paid 3,681,798,995 ordinary shares of 27.5p each (2012: 3,595,951,315 ordinary shares of 27.5p each) 1,012 989 125,000,000 preference shares of £1 each (2012: 125,000,000 preference shares of £1 each) 125 125
34
annual_report
77
236
Exclusive of the effects of investment transactions and the 1994 change in accounting for excess cost, the pretax operating earnings of SLC and its subsidiaries have been insufficient to cover SLC's debt service and preferred dividend requirements over each of the last three years. For the years ended December 31, 1994...
109
10K
4028
472
· risks of default by issuers or guarantors of investments RiverSource Life owns or by counterparties to hedge derivative, insurance or reinsurance arrangements, experience deviations from RiverSource Life’s assumptions regarding such risks and the evaluations or the prospect of changes in evaluations of any such third...
81
10K
NatwestGroupPLC-AR_2009
4,144
Accident year net of reinsurance £m £m £m £m £m £m £m £m £m £m
15
annual_report
NatwestGroupPLC-AR_2004
2,392
The contribution above is after charging goodwill amortisation and includes the post-acquisition effect of fair value adjustments.
17
annual_report
4871
2,865
The Company expects to incur GMDB payments in the future only if the policyholder has an “in the money” GMDB at their death. If the account value is reduced to a specified level, the contract holder will receive an annuity equal to the guaranteed remaining balance ("GRB"). For the Company’s “life-time” GMWB products, t...
128
10K
2804
901
Premiums and Interest credited and other benefits to contractowners included the following premiums ceded and reinsurance recoveries for the years ended December 31, 2005, 2004, and 2003.
27
10K
5945
1,872
Basic and diluted earnings per share (EPS) are calculated by dividing earnings available to common shareholders by the weighted average number of common shares outstanding during the period. The denominator for basic and diluted EPS includes ESOP shares committed to be released. Dilutive earnings per share includes the...
64
10K
gb_lloyds_banking_grp-AR_2015
5,420
The criteria that the Group uses to determine that there is objective evidence of an impairment loss are disclosed in note 2(H). Included in loans and receivables are advances which are individually determined to be impaired with a gross amount before impairment allowances of £4,406 million (31 December 2014: £8,522 mi...
51
annual_report
286
157
C.M. Life Insurance Company Notes to Financial Statements December 31, 1995, 1994 and 1993 ($ In Thousands)
17
10K
2031
1,210
At December 31, 2002 Trenwick Managing Agents had funds held as collateral for sponsored names guarantees for 2000 yearly of account syndicates that have not yet closed of $161.
29
10K
2455
171
The insurance industry is highly competitive. Our competitors include other insurers and, because many of our products include a savings or investment component, securities firms, investment advisers, mutual funds, banks and other financial institutions. Many of our competitors have well-established national reputation...
152
10K
HiscoxLtd-AR_2019
88
A Growth between 5-15% per annum. A Pays dividends. A Specialist knowledge differentiates us and investment in brand builds strong market position.
22
annual_report
2005
1,346
In connection with its acquisition of Winterthur International in July 2001, in an all cash transaction, the Company has recorded a total recoverable from Winterthur Swiss Insurance Company (the “Seller”) of $645.7 million at December 31, 2002 based on provisions of the sale and purchase agreement between the parties (...
50
10K
3460
1,762
The unrealized losses on the Company’s investments in U.S. Government Agency Issued Mortgage Pass-Through Securities which have ratings of Aaa/AAA are attributable to the spread widening. Of the 150 investment positions held the average rating was Aaa/AAA and approximately 38.7% were in an unrealized loss position. The...
94
10K
NatwestGroupPLC-AR_2009
2,313
The Group maintains an independent review of risk within the pension funds.
12
annual_report
PhoenixGroupHoldingsPLC-AR_2016
3,365
Remeasurements: Return on plan assets excluding amounts included in interest income 349 – – – 349
16
annual_report
PhoenixGroupHoldingsPLC-AR_2014
2,413
GROUP CAPITAL Capital resources The primary sources of capital used by the Group comprise equity shareholder funds as measured on an MCEV basis, the Perpetual Reset Capital Securities and shareholder borrowings. This is analysed as follows: Notes £m
38
annual_report
600
420
The Company is modifying all software that is not Year 2000 compliant.
12
10K
SwissLifeHoldingAG-AR_2014
3
Markets — The Swiss Life Group operates in Switzerland, Germany and France and has competency centres in Luxembourg, Liechtenstein and Singapore. The Swiss Life Select, tecis, HORBACH, Proventus and Chase de Vere advisors use the Best Select approach in various European markets to choose suitable products for customers...
102
annual_report
AvivaPLC-AR_2015
3,081
Profit attributable to ordinary shareholders 844 3,741 22.6 1,425 2,943 48.4 Dilutive effect of share awards and options — 39 (0.3) — 44 (0.7)
24
annual_report
INGGroepNV-AR_2006
2,242
Limitations VaR as a risk measure has some limitations. VaR quantifi es the potential loss under the assumption of normal market conditions only. This assumption may not always hold true in reality, especially when market events occur, and therefore could lead to an underestimation of the potential loss. VaR also uses ...
135
annual_report
gb_prudential-AR_2013
4,242
Plan assets (IAS 19 basis before effect of IFRIC 14): Equities: Fair value of plan assets, end of year* 6,360 327 6,687 6,451 454 6,905 Present value of benefit obligation (6,298) (6,059)
32
annual_report
4252
881
Provisions specific to each contract may, however, lead us to modify this general principle. In those circumstances, the right of the state to refuse acceptance of services, as well as the related obligation to compensate us, may require us to delay recognition of all or part of our revenue until that contingency (the ...
146
10K
4963
1,767
The debt and interest contractual obligations of the Reciprocal Exchanges are excluded from the table since we do not own the Reciprocal Exchanges. The interest related to our debt by period as of December 31, 2014 was as follows: $17.1 million - less than 1 year, $34.2 million - 1 - 3 years, $34.2 million - 3 - 5 year...
67
10K
fr_axa-AR_2019
4,053
We may also not be fully indemnified for the contractual breaches of our third parties.
15
annual_report
1853
756
At December 31, 2001, the following table provides a profile of the Company's fixed maturity investment portfolio by rating:
19
10K
4244
1,202
As of December 31, 2010 and 2009, we had received $249.2 million and $353.4 million, respectively, of cash collateral associated with our derivative credit support annex agreements. The cash collateral is included in other assets on the consolidated statements of financial position, with a corresponding liability refle...
57
10K
467
437
The amendment to TexasRe's surplus debentures was approved under the consideration that statutory surplus, as defined, in excess of $125,000 be reflected in liabilities to the extent of outstanding surplus debenture interest and principal. Accordingly, at December 31, 1996, surplus debentures of $50,831 were reclassifi...
47
10K
AdmiralGroupPLC-AR_2010
477
2010 saw the MDs of our four international car insurance brands take to the stage providing an overview of our overseas operations.
22
annual_report
AegonNV-AR_2017
4,797
1 Linked to the sale of Aegon UK’s annuity portfolio, reported in Assets held for sale, refer to note 22 Assets and liabilities held for sale and note 51 Business combinations.
31
annual_report
1104
293
Occupancy at the Beaverton, OR; Oakbrook Terrace, IL; and Brentwood, TN properties remained at 100% as of December 31, 1997 while occupancy at the Lisle, IL office property increased from 37% to 96% at December 31, 1998. Occupancy at the Morristown, NJ property decreased from 99% to 86%.
48
10K
5705
2,210
Aggregate Aggregate underwriting results for AFG’s property and casualty insurance segment for the fourth quarter of 2019 includes the Neon exited lines charge mentioned above.
25
10K
ScorSE-AR_2009
973
Commercial Code Chairman of the Supervisory Board: - MATMUT Assurances - MATMUT VIE - MATMUT Protection Juridique - MATMUT ENTREPRISES - IMA
22
annual_report
LloydsBankingGroupPLC-AR_2006
1,784
Cash flow hedging reserve At 1 January 11 – Change in fair value of hedging derivatives – 4 Deferred tax – (1)
22
annual_report
5098
1,603
Our investment portfolio, which consists of cash, cash equivalents, restricted cash and cash equivalents, fixed maturity securities, equity securities, and short-term investments, but excludes life settlement contracts, other investments, and equity investments, increased $1.4 billion, or 26.3%, to $7.0 billion at Dece...
217
10K
1379
334
The contractual maturities of investments at December 31, 2000 were as follows:
12
10K
gb_lloyds_banking_grp-AR_2016
3,897
Net income arising on assets held at fair value through profit or loss: Debt securities, loans and advances 4,771 451 4,805
21
annual_report
INGGroepNV-AR_2009
291
ING continued to derisk its product offering in 2009. This was accomplished through the redesign of products (mainly the US variable annuity products), and by removing products from our product range in line with the Back to Basic programme.
39
annual_report
AegonNV-AR_2013
4,835
KIFID found that the consumer had not been adequately informed of the so-called initial costs embedded within its unit linked policy, nor of the leverage component thereof, and challenged the contractual basis for the charges. There are claims pending with KIFID filed by customers over Aegon products and that arguably ...
116
annual_report
RaiffeisenBankInternationalAG-AR_2015
798
Detailed results of individual countries and sub-segments: 2015 in € million Asia Poland Slovenia USA
15
annual_report
1979
1,056
The Board of Directors of the Company did not declare a dividend in 2002. The Board of Directors considers whether a dividend will be declared based on a variety of factors, including but not limited to, the Company’s cash flow, liquidity needs, results of operations and financial condition. As a holding company, the a...
84
10K
SwissReAG-AR_2014
1,224
the voting rights pursuant to the entry into the commercial register, whether or not the voting rights can be exercised. Notifications must also include financial instruments, regardless of whether cash or physically settled, constituting a purchase or a sale position. Upon receipt of such notifications, the company is...
81
annual_report
AvivaPLC-AR_2004
1,386
NUER has purchased £13 million of subordinated fixed rate notes in ERF1, which are repayable in 2031, and has granted a £14 million floating rate subordinated loan to ERF3. These are included in debt securities and other fixed income securities within other financial investments in the consolidated balance sheet.
49
annual_report
5059
1,610
the current trading symbol "FNF," and 0.3333 of a share of FNFV Group common stock. All participants in the stock option and restricted stock plans at the time of the recapitalization were granted a one-time grant of additional FNF Group options and restricted shares. The grant was made in order for each participant to...
94
10K
gb_prudential-AR_2008
534
Disposal of PCA Life Taiwan’s agency business When Prudential entered the Taiwanese market in 1999, traditional ‘compulsory dividend’ life policies were the only type of savings and protection policy permitted by the regulator. These polices are unique to Taiwan and have claims, guaranteed surrender values and local st...
74
annual_report
HelvetiaHoldingAG-AR_2015
977
In the profitable non-life business, the anticipated positive volume effects of the acquisition of Nationale Suisse was noticeable in 2015: Premiums increased by CHF 605.3 million or 72.9 % compared to the previous year. Growth was driven in particular by motor vehicle (+CHF 258.3 million or 82.6 %) and property insura...
293
annual_report
DirectLineInsuranceGroupPLC-AR_2017
1,400
Distribution statement This chart shows the overall pay expenditure across all Group employees compared with the total dividend value paid to shareholders for 2016 and 2017.
26
annual_report
5324
645
Net investment income, inclusive of net realized investment gains and losses, increased to $8.9 million for the year ended December 31, 2015 from $4.2 million for the year ended December 31, 2014. The increase in net investment income is due to the increase in invested assets to $400.1 million at December 31, 2015 from...
93
10K
fr_axa-AR_2016
2,001
+62%) refl ecting strong volumes on new business from direct sales and growth through the bancassurance partnership with mBank, (ii) the United Kingdom (€+46 million or +8%) due to tariff increases and improved retention, (iii) France (€+40 million or +10%) due to higher average premiums as well as the positive impact ...
60
annual_report
2293
1,446
The cumulative decrease in carrying value of securities available for sale and related hedges as a result of marking to market such securities net of hedging transactions was $18 million at December 31, 2003.
34
10K
fr_axa-AR_2010
7,406
would have no material impact neither on the net income nor the Statement of Comprehensive Income; ■ using alternative discount margins higher by 25% would have no material impact on the net income, and would decrease the Statement of Comprehensive Income by €91 million.
44
annual_report
RaiffeisenBankInternationalAG-AR_2018
1,026
Impairment losses on financial assets 5 0 (57) (50) 20 55
11
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009
974
In recent years, the global health market has become one of the fastest-growing sectors of the economy in terms of both insurance and care provision. This trend will become even more pronounced in the future due to advances in medicine and increases in life expectancy. In order to maximise the opportunities this brings...
79
annual_report
gb_lloyds_banking_grp-AR_2015
2,621
Exposures Conduct risk affects all aspects of the Group’s operations, all types of customers and other stakeholders. The Group faces significant conduct risks, for example, through products or services not meeting the needs of its customers; sales processes resulting in poor advice; failure to deal with a customer’s co...
182
annual_report
3589
664
During 2005, we repaid $227.0 million of maturing debt. In conjunction with the repatriation, in November 2005, we completed a long-term debt offering, issuing $400.0 million of 6.85% senior notes due November 15, 2015.
34
10K
RSAInsuranceGroupPLC-AR_2017
1,936
Basis of Preparation and Significant Accounting Policies 1 Basis of preparation 111 2 Adoption of new and revised standards 111 3 New accounting standards, interpretations and amendments 111 4 Significant accounting policies 112
33
annual_report
GjensidigeForsikringASA-AR_2018
3,308
prices are used, while for financial instruments not traded in an active market, fair value is determined using appropriate valuation methods.
21
annual_report
ASRNederlandNV-AR_2012
1,064
3.5.6 Concentration risk In order to avoid concentrations in a single obligor, a.s.r. has set a limit on maximum exposure of € 750 million for single A rating and higher and € 350 million for BBB. The limits apply to the total investment portfolio. The CLFC monitors concentration risk on a quarterly basis. Per 2012 all...
61
annual_report
1893
316
Protective and the Company also entered into a guaranty agreement on December 31, 1995, whereby Protective guaranteed that the Company will perform all of the obligations of Protective pursuant to the terms and conditions of an indemnity coinsurance agreement between Protective and an unaffiliated life insurance compan...
67
10K
LloydsBankingGroupPLC-AR_2003
2,437
Following the application of SFAS No. 150, the trust-preferred securities that were previously classified as minority interests have been reclassified as debt in Lloyds TSB Group’s US GAAP financial statements. At 31 December 2003, these amounted to £549 million and further details of these securities can be found in n...
97
annual_report
ScorSE-AR_2020
1,267
2.1.5.2. POWERS OF THE CORPORATE OFFICERS The Board of Directors of the Company also limited the powers of the Chairman and Chief Executive Officer by stipulating in the Internal Charter the need for prior Board approval for the following operations: • organic growth investments and major internal structuring operation...
114
annual_report
AegonNV-AR_2018
6,543
Our audit work and observations We gained an understanding of the policyholders’ claims and litigations through discussions with management including general legal counsel. We have read the internal position papers prepared by the Group. We also obtained lawyers’ letters to the extent considered necessary for our audit...
133
annual_report
5739
7,894
As of December 31, 2019, White Mountains conducted its operations through four segments: (1) HG Global/BAM, (2) NSM, (3) Kudu and (4) Other Operations. In addition, MediaAlpha was consolidated as a reportable segment until the date of the MediaAlpha Transaction. A discussion of White Mountains’s consolidated investment...
71
10K
NatwestGroupPLC-AR_2013
169
People Great place to work Engagement index ≥ Global Financial Services norm (2)
13
annual_report
5387
2,264
In addition, the Company operates in the Lloyd’s market through its corporate member AXIS Corporate Capital UK Limited, which represents its participation in Syndicate 1686 and Novae Corporate Underwriting Limited, the sole corporate member of Syndicate 2007. Lloyd’s sets capital requirements for corporate members annu...
90
10K
4133
1,629
Net premiums earned increased $51.5 million, or 40.1%, due to the inclusion of earned premiums from Darwin, including the $5.2 million reduction in premiums ceded for variable-rated reinsurance contracts of Darwin that have swing-rated provisions, that were fully earned.
39
10K
fr_axa-AR_2008
5,861
(c) Except for number of shares (million of units) and earnings per share (Euro). (d) Revised net income EPS taking into account interest payments related to perpetual debts classified in equity, including foreign exchange impacts. Previously disclosed EPS excluded such adjustments. Basic net income EPS amounted to €2....
71
annual_report
Sampoplc-AR_2004
1,895
In our opinion, the financial statements have been prepared in accordance with the Finnish Accounting Act and other rules and regulations governing the preparation of financial statements in Finland. The financial statements give a true and fair view, as defined in the Accounting Act, of both the consolidated and paren...
116
annual_report
NatixisSA-AR_2016
3,014
Natixis’ overall interest rate risk is defined as the risk of losses
12
annual_report
SwissLifeHoldingAG-AR_2014
2,398
Securities received as collateral in exchange for securities lent 4 810 3 840
13
annual_report
LloydsBankingGroupPLC-AR_2017
6,090
American Depositary Receipts (ADRs) Our shares are traded in the USA through a New York Stock Exchange‑listed sponsored ADR facility with The Bank of New York Mellon as the depositary. The ADRs are traded on the New York Stock Exchange under the symbol LYG. The CUSIP number is 539439109 and the ratio of ADRs to ordinar...
59
annual_report
4048
1,031
Amortization expense was $3,692, $2,480 and $1,970 for the years ended December 31, 2009, 2008 and 2007, respectively.
18
10K
AdmiralGroupPLC-AR_2011
354
Total quotes provided across all products also rose substantially, to 3.8 million in 2011 from 1.7 million last year.
19
annual_report
4413
1,315
The Company also has a foreign tax credit carryforward of $10.4 million, of which $7.4 million relates to the Company's U.S. operations and will expire between 2018 and 2021. The remaining $3.0 million of foreign tax credits relate to the Company's Lloyd's operations and can be carried forward indefinitely. Additionall...
72
10K
AegonNV-AR_2013
1,915
Aegon Americas. The company’s Chief Risk Officer attended all meetings, while the members of Aegon’s Executive Board attended most of the meetings. Representatives of other businesses or functional areas presented on specific topics.
33
annual_report
441
529
Class Actions - In addition to the foregoing cases, there are 23 purported class actions pending against cigarette manufacturers. Lorillard is a defendant in 22 of these cases and the Company is a defendant in 13 of these cases. Three of the cases, including two that name the Company as a defendant, have not been serve...
160
10K