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5166
1,839
The U.S. Qualified Pension Plan included $59.0 million paid in 2014 to participants in settlement of their pension obligations, essentially as a result of a voluntary lump-sum pension payout program and the termination of a small qualified defined benefit plan.
40
10K
898
205
CNA Plaza, owned by Continental Assurance Company, serves as the home office for CNAF and its insurance subsidiaries. An adjacent building (located at 55 E. Jackson Blvd.), jointly owned by Continental Casualty Company and Continental Assurance Company, is partially situated on grounds under leases expiring in 2058. Ap...
93
10K
3939
1,179
Net income was $250.6 million in the year ended December 31, 2007, compared to $246.7 million in the year ended December 31, 2006. Our total revenues decreased 8.0% for the year ended December 31, 2007 to $2,273.0 million, compared to $2,470.1 million in the year ended December 31, 2006, due principally to a 9.7% decre...
215
10K
PosteItalianeSpA-AR_2016
556
Training In 2016 a total of 3 million training hours were provided, corresponding to around 1.3 million participations(22) and approximately 420,000 person days of training.
25
annual_report
967
564
The amortized cost, estimated fair values (based principally upon quoted market prices) and gross unrealized gains and losses of fixed maturities at December 31, were as follows:
27
10K
fr_axa-AR_2016
371
AXA’s Property & Casualty segment offers a broad range of products including m otor, h ousehold, property and general liability insurance for both Personal and Commercial customers, targeting mainly small-to medium-sized companies. In certain countries, Health products are classifi ed as Property & Casualty products (1...
46
annual_report
4602
1,501
As of December 31, 2012, our changes in quota share premium estimates have been adjustments of 10%, 0% and (7)% for the 2011, 2010 and 2009 treaty years, respectively. For the 2012 treaty year, a 5% change in our premium estimate would cause gross premiums written in our reinsurance segment to increase or decrease by $...
89
10K
5633
1,009
Metropolitan Life Insurance Company cedes specific policy classes, including ordinary life insurance, participating whole life insurance and long-term disability insurance, to a wholly-owned offshore reinsurer. The wholly-owned offshore reinsurer currently only reinsures Metropolitan Life Insurance Company’s business a...
198
10K
INGGroepNV-AR_2014
5,204
Dutch mortgages valuation When a mortgage loan is granted, the policy maximum loan to market value (LTMV) for an existing property and for construction property financing is 104%. The cover values are captured in the local systems which then are fed into a central data system (Vortex). All valuations are performed by c...
109
annual_report
5184
930
The tables below summarize our publicly issued corporate fixed maturity securities in the energy and metals & mining sectors. Our privately placed available for sale fixed maturity securities at December 31, 2015 total $167.3 million fair value ($189.6 million amortized cost) in energy and $39.2 million fair value ($47...
64
10K
nl_ing_grp-AR_2014
5,683
(1) For ING Group: of which EUR 5,727 million to be replaced as capital recognition is subject to CRR/CRD IV grandfathering rules. This amount is presented net of positions on-lent to Insurance. For ING Bank: of which EUR 1,988 million is CRR/CRD IV compliant and EUR 3,739 million to be replaced as capital recognition ...
59
annual_report
HannoverRueckSE-AR_2017
1,971
October 2017 Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28)
13
annual_report
4406
1,029
We intend to operate MICO as a subsidiary and continue to maintain its trade name for the foreseeable future. We have therefore established a trade name intangible asset in the amount of $958,000, which represents the estimated value of the future benefits we will derive from the continued use of the trade name. We wil...
107
10K
AssicurazioniGeneraliSpA-AR_2016
1,820
Land and buildings (self-used) are measured applying the cost model set out by IAS 16.
15
annual_report
LloydsBankingGroupPLC-AR_2011
4,848
On 5 November 2010 the Company cancelled all of its deferred shares and an amount of £4,086 million was credited to the capital redemption reserve.
25
annual_report
4712
6,103
Since 1995, we have acquired 561 million shares of our common stock at a cost of $23.01 billion, primarily as part of various stock repurchase programs. We have reissued 112 million common shares since 1995, primarily associated with our equity incentive plans, the 1999 acquisition of American Heritage Life Investment ...
81
10K
4098
1,735
The Company had ABS supported by sub-prime mortgage loans with estimated fair values of $1,044 million and $1,142 million, respectively, and unrealized losses of $593 million and $730 million, respectively, at December 31, 2009 and 2008, respectively. Approximately 63% of this portfolio was rated Aa or better, of which...
195
10K
3667
1,353
There are risks, as outlined in our Risk Factors in Part 1, that any of these actions could cost us more than our estimates. In particular, we or our insureds may receive adverse verdicts; post-trial motions may be denied, in whole or in part; any appeals that may be undertaken may be unsuccessful; we may be unsuccessf...
122
10K
fr_axa-AR_2018
2,213
Floor 100% of the average AE + UE over the 3 years immediately prior to the grant date 50% Floor 80% of the performance required to reach the target
29
annual_report
gb_lloyds_banking_grp-AR_2017
3,705
Monitoring The Group Model Governance Committee is the primary body for overseeing model risk. Policy requires that Key Performance Indicators are monitored for every model and all issues are escalated appropriately. Material model issues are reported to Group and Board Risk Committees monthly with more detailed papers...
54
annual_report
2666
347
Further discussion and analysis of the results for 2004 compared to 2003 and 2002 are presented by segment. Certain prior-year amounts have been reclassified to conform to the current year presentation. References to income before income taxes exclude the effects of discontinued operations and the cumulative effect of ...
52
10K
5501
4,209
NELICO sponsors a qualified and a nonqualified defined benefit pension plan, as well as unfunded other postretirement benefit plans. Effective December 31, 2014, the NELICO sponsored pension and other postretirement plans were amended to eliminate benefit accruals prospectively and are closed to new entrants. All benef...
72
10K
NatixisSA-AR_2007
6,435
Natixis uses plain vanilla interest rate swaps lending fi xed rates to fi x future variable-rate borrowing costs.
18
annual_report
5352
616
Tax law requires certain items to be included in our tax returns at different times than such items are reflected in the financial statements. As a result, the annual tax expense reflected in our consolidated statements of earnings is different than that reported in the tax returns. Some of these differences are perman...
210
10K
BaloiseHoldingLtd-AR_2010
901
statutory quorums The Annual General Meeting has a quorum, irrespective of the number of shareholders and proxy votes present, subject to the obligatory cases as prescribed by law (§ 17 of the Articles of Incorporation).
35
annual_report
StandardLifeAberdeenPLC-AR_2020
23
Our Personal business combines our financial planning business 1825, our digital direct-to-consumer services and discretionary fund management services from Aberdeen Standard Capital. Our range of services includes ISAs and investment accounts.
31
annual_report
AegonNV-AR_2019
8,888
Regulation and supervision Aegon Insights keeps abreast of all relevant changes or proposed changes to regulations in all of its markets.
21
annual_report
1834
1,076
As part of its capital management strategy, the Corporation periodically repurchases its common stock through open market and negotiated purchases, when given appropriate market conditions and liquidity availability. In February 2000 the Corporation’s Board of Directors approved the repurchase of 3.0 shares of common s...
201
10K
3191
3,279
In September 2006, the FASB issued SFAS No. 158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans” SFAS 158. SFAS 158 requires calendar year-end companies with publicly traded equity securities that sponsor postretirement benefit plans to fully recognize, as an asset or liability, the o...
91
10K
5439
1,805
The following table summarizes certain of our contractual obligations and commitments, including our expected claim payments on insurance policies and interest payments on debt obligations, as of December 31, 2017, and the future periods in which such obligations are expected to be settled in cash. Additional details r...
72
10K
TrygAS-AR_2005
773
Previously changes in the discount rate applied were included as movements in provisions for claims.
15
annual_report
NatwestGroupPLC-AR_2007
1,463
• Exposure at default (“EAD”): such models estimate the expected level of utilisation of a credit facility at the time of a borrower’s default. The EAD is typically higher than the current utilisation (e.g. in the case where further drawings are made on a revolving credit facility prior to default) but will not typical...
59
annual_report
5855
939
Fees and other revenues decreased, primarily reflecting the transition of U.S. Medical's commercial customers to Evernorth's retail pharmacy network beginning in the third quarter of 2019 (see Note 3(K) to the Consolidated Financial Statements for further information).
37
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020
2,374
6 No control and/or no significant influence, as it is a purely financial investment under the managerial responsibility of an external asset manager.
23
annual_report
2720
848
Limited partnerships: Estimated fair market values of the limited partnerships are provided to the Company by the general partner of that partnership.
22
10K
de_allianz-AR_2006
2,794
Dr. Herbert Walter Membership in other statutory supervisory boards in Germany Deutsche Börse AG, E.ON Ruhrgas AG Membership in Group bodies Allianz Beratungs- und Vertriebs-AG Membership in comparable *) supervisory bodies Banco Popular Español S. A., Banco Portugues de Investimento S. A.
42
annual_report
1668
577
2001 2000 ---------------- --------------- Investments $ 23,896 $ (403,535) Deferred policy acquisition costs 2,223,872 2,748,724 Cost of insurance acquired 4,976,652 5,379,601 Agent balances 0 (6,239) Property and equipment (61,250) (68,250) Due premiums (741,968) (864,195) Future policy benefits (3,587,365) (4,369,31...
66
10K
5858
1,220
In November 2020, the Company received a notice that the European Commission adopted a decision to close this investigation without taking any action.
23
10K
AssicurazioniGeneraliSpA-AR_2014
4,079
SCI Parc Logistique Maisonneuve 3 029 EUR 8,004,000 G 10 100.00 SC Generali Logistique 100.00 98.95
16
annual_report
3712
1,470
Substantially all of our employees are eligible to participate in an employee stock purchase plan (ESPP). Under the plan, up to 3.46 million shares of common stock are authorized for issuance, of which approximately 1.46 million remain available for issuance at December 31, 2008. Stock may be purchased at the end of ea...
74
10K
944
1,077
1997 compared to 1996 Investment income increased $23.4 million (3%) from 1996 due primarily to an increase in the average amount of investments held partially offset by decreasing market interest rates.
31
10K
NatixisSA-AR_2005
1,967
Diversification of the credit risk portfolio: Coface maintains a diversified credit risk portfolio in order to minimize the risks of default by a debtor, the slowdown in a particular business sector or an unfavorable event in a par ticular country, which may have a disproportionate impact on Coface’s overall loss ratio...
89
annual_report
2912
705
Net realized capital gains (losses) are comprised of the difference between the carrying value of investments and proceeds from sale, maturity, and redemption, as well as losses incurred due to the other-than-temporary impairment of investments and changes in fair value of derivatives. Net realized capital gains (losse...
62
10K
1033
419
READINESS. The Company has been actively engaged in a project to mitigate the potential effects of the year 2000 issue. For each segment of its internal computer processing environment (mainframe, midrange and personal computer equipment), the Company has a multi-phase plan that involves (a) the identification and asse...
189
10K
SwissLifeHoldingAG-AR_2010
1,545
CURRENT ESTIMATE OF CUMULATIVE CLAIMS 412 378 382 308 309 324 322 334 410 358 3 537
17
annual_report
AvivaPLC-AR_2016
8,684
We believe that we are well placed for continued growth and that our success is underpinned by our focus on the insurance fundamentals of pricing, risk selection, distribution, claims indemnity and expense management. We are broadening our distribution reach and strengthening our business mix, as well as taking a ‘Digi...
55
annual_report
4802
1,323
(1)Represents the netting of receivable balances with payable balances, net of collateral, for the same counterparty under eligible netting rules.
20
10K
5179
806
To calculate the premium deficiency charge by line of business, we estimate an expected loss and loss settlement expense ratio which is based on our best estimate of future losses for each line of business. Shock losses and large catastrophe losses not expected to continue in the future are excluded from this analysis....
222
10K
nl_ing_grp-AR_2014
3,323
Not included in cash and cash equivalents: – amounts due to banks –18,174 –15,749 –26,557 – amounts due from banks 27,330 30,530 22,273
23
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2007
3,308
Premium The amount that has to be paid for the insurance cover provided by an insurer. It may be paid as a regular or single premium. In the case of products that are largely of an investment nature (e.g. financing treaties and unit-linked life insurance) it only includes – under IASs/IFRSs – the amount serving to cove...
112
annual_report
SwissLifeHoldingAG-AR_2017
1,526
Subsequent costs are included in the asset’s carrying amount or are recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. All other repair and maintenance costs are charged...
112
annual_report
fr_axa-AR_2008
6,407
(c) The aggregate nominal value of debt instruments associated with the issue of securities with or without preferential subscription rights may not exceed the global upper limit of €6 billion. This upper limit is separate and distinct from the limit on issuances of debt securities with no claim to the share capital of...
59
annual_report
3974
946
In September 2006, the Company sold 50,000 shares of common stock to an executive officer for an aggregate purchase price of $0.6 million, or $11.81 per share, which was the closing price of the common stock on the New York Stock Exchange on the date of sale.
47
10K
gb_prudential-AR_2002
1,353
Post-tax expected long-term nominal rate of return: Pension business (where no tax applies) 6.6% 7.1% Life business 5.7% 6.3%
19
annual_report
4557
1,384
Expanding our presence in emerging markets, including potential merger and acquisition activity.
12
10K
StorebrandASA-AR_2020
3,292
SPP has a defined-contribution occupational pension known as BTP1. All new employees were enrolled in this pension agreement from and including 1 January 2014. In BTP1, the employer pays a premium for pension savings that is calculated based on pensionable salary up to 30 times the ”basic income amount” (inkomstbasbelo...
148
annual_report
SwissReAG-AR_1950
7
Assistant Managers: W. Baumann, W. Belser, Ch. Burnens, G. de Bardel, M. Elsenring, M. Grossmann,
15
annual_report
4506
992
In 2012, CNA expects to contribute $86 million to its pension plans and $6 million to its postretirement health care benefit plans.
22
10K
3307
520
Cash flows from operating activities decreased to $45.8 million from $190.4 million during 2006. This decrease is mostly due to a $67.9 million operating loss in our Enhanced Plan and a $22.6 million decrease in medical claims payable in 2007 compared to an $87.0 million increase in 2006. The change in the medical clai...
120
10K
nl_ing_grp-AR_2015
2,635
Recognised impairments (before tax) for the period/year nil nil nil nil nil nil nil nil
15
annual_report
BaloiseHoldingLtd-AR_2017
2,936
Report on other legal and regulatory requirements In accordance with article 728a para. 1 item 3 CO and the Swiss Auditing Standard 890, we confirm that an internal control system exists, which has been designed for the preparation of consolidated financial statements according to the instructions of the Board of Direc...
51
annual_report
StorebrandASA-AR_2010
1,603
Group result before amortisation and write-downs of intangible assets 2 8 -49 179 -108 -410 -147 1,608 1,245
18
annual_report
SwissReAG-AR_1995
291
II Investments for unit-linked reinsurance policies where policyholders bear the investment risk
12
annual_report
LloydsBankingGroupPLC-AR_2014
2,683
Financial institutions Asset backed securities Corporate Personal Insurance assets TotalBanks Other1 £m £m £m £m £m £m £m £m £m
20
annual_report
BaloiseHoldingLtd-AR_2005
2,891
Measured at amortized cost liabilities to banks liabilities from time deposits loans
12
annual_report
PowszechnyZakladUbezpieczenSA-AR_2018
571
• PAPERLESS - deploying a solution making it possible to abandon the traditional form of signing contracts.
17
annual_report
4326
495
Policy fees revenue increased 6.9% to $15,149,369 for the year ended December 31, 2010 from $14,174,000 for the year ended December 31, 2009. Policy fee revenue is compromised principally of the managing general agent’s policy fee income and service fee income from insurance policies. The increase is primarily due to a...
69
10K
fr_axa-AR_2009
7,393
Reinsurers’ share in claim reserves as at January 1 1,988 3,436 5,424 1,964 3,861 5,825 1,964 4,348 6,312
18
annual_report
1586
482
Property and Equipment: Property and equipment is depreciated on the straight- line method over its estimated useful life. The accumulated depreciation for property and equipment was $350.1 million and $376.1 million as of December 31, 2000 and 1999, respectively.
39
10K
NatixisSA-AR_2010
2,519
● Revenue from equity derivatives was up sharply, driven by sales and structured trading. Natixis reclaimed its rightful place in the European structured products market, particularly among the institutionals. Sales performance soared 44% year-on-year, with the return of traditional customers.
40
annual_report
2415
1,269
Plan assets, end of year.................................... $ 396.4 $ 368.9 $ -- $ -- Projected benefit obligation, end of year................... (499.0) (460.6) (134.6) (124.8) ----------- ----------- ----------- ----------- Plan assets less than projected benefit obligations, end of year...............................
49
10K
BaloiseHoldingLtd-AR_2007
3,562
Balance as of 31st December 1,933.3 2,199.5 in CHF million 22.2.4 Reserves for Terminal Policyholders’ Dividends 2006 2007
18
annual_report
nl_ing_grp-AR_2012
2,421
Releases –27 –7 –39 –2 –66 –9 Charges –40 –21 –33 –56 –73 –77 Exchange rate differences –1 –5 –6 3 –7 –2
23
annual_report
AegonNV-AR_2017
4,571
The movements in the provision for doubtful debts during the year were as follows: Additions charged to earnings (6) (5)
20
annual_report
1385
2,460
As of December 31, 2000, the Company has state net operating loss carryforwards of $5,671,185 which expire on December 31, 2010. The Company also has, for state income tax purposes, $303,593 in alternative minimum tax credits which can be used to
41
10K
4724
758
Below is a reconciliation of the Company's reported net income to Non-GAAP net income and the related Adjusted EPS for the years ended December 31, 2013, 2012 and 2011.
29
10K
ch_zurich_insurance_group-AR_2010
2,124
Exchange traded Puts 74 – – 74 3 – – – –
12
annual_report
3243
1,099
The Company reported $4,651 million in net income available to common shareholders and diluted earnings per common share of $6.16 for the year ended December 31, 2005 compared to $2,758 million in net income available to common shareholders and diluted earnings per common share of $3.65 for the year ended December 31, ...
192
10K
nl_ing_grp-AR_2014
2,647
2014 – Changes in composition of the group and other changes In 2014, ‘Changes in composition of the group and other changes’ represents the reclassification of goodwill to ‘Assets held for sale’. This includes all goodwill that relates to businesses classified as held for sale. For 2014, the amount is EUR 103 million ...
79
annual_report
1390
739
MARKETING AND COMPLIANCE ISSUES Companies operating in the insurance and financial services markets have come under the scrutiny of regulators with respect to market conduct and compliance issues. Under certain circumstances, companies have been held responsible for providing incomplete or misleading sales materials an...
91
10K
StorebrandASA-AR_2007
1,587
Revenue from other group companies1 125 117 88 4 2 1
11
annual_report
SwissReAG-AR_2014
3,620
Our strategic priorities have largely stayed the same in recent years. By building on our earlier work, we made some notable achievements and launched important new initiatives in 2014. Incidentally, we believe that this focus on continuous improvement is a key reason why we regained the sector leadership in the Dow Jo...
78
annual_report
1442
2,743
is engaged. Some states permit member insurers to recover assessments paid through full or partial premium tax offsets. These assessments may be deferred or forgiven under most guaranty laws if they would threaten an insurer´s solvency. The amount of these assessments in prior years has not been material, however, the ...
95
10K
BaloiseHoldingLtd-AR_2017
1,593
Baloise Group annual Report 2017 Financial Report 5.3 Life and non-life reinsurance strategies the Baloise Group’s non-life treaty reinsurance for all business units in the Group is structured and placed in the market by Group Reinsurance, part of corporate Division Finance. When structuring the programme, Group Reinsu...
149
annual_report
LloydsBankingGroupPLC-AR_2020
2,165
I. The Chair, supported by the Group Company Secretary, ensures that Board members receive appropriate and timely information. The Group provides access, at its expense, to the services of independent professional advisers in order to assist Directors in their role. Board Committees are also provided with sufficient re...
52
annual_report
3631
1,394
In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements-An Amendment of ARB No. 51. SFAS No. 160 establishes new accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. Specifically, SFAS No. 16...
223
10K
fr_axa-AR_2011
4,421
• greater regulation of auditors including with respect to provision of non-audit services to their audit clients as well as partner (and potentially audit fi rm) rotation requirements,
28
annual_report
INGGroepNV-AR_2019
3,553
Furthermore, client conduct refers to the compliance risks relating to FATCA, CRS, CTI and US
15
annual_report
2958
1,328
As of December 31, 2006 the total unrecognized compensation cost related to outstanding nonvested restricted stock awards was $15.6 million, which the Company expects to recognize over the weighted-average remaining service period of 1.9 years. The total fair value of shares vested during the year ended December 31, 20...
52
10K
StorebrandASA-AR_2018
1,877
In the retail market, most of the loans are secured by means of home mortgages. Customers are evaluated according to their capacity and intent to repay the loan. In addition to their capacity to service debt, customers are checked in relation to policy regulations, and customers are given a credit store using a scoring...
79
annual_report
HelvetiaHoldingAG-AR_2016
2,906
Helvetia Holding AG Swiss Insurance Price Index SMIM STOXX Europe 600 Insurance
12
annual_report
TrygAS-AR_2013
1,510
Earnings per share, continuing business 36.0 39.4 Earnings per share 36.5 39.4 Diluted earnings per share 36.4 39.3 Earnings per share, discontinued and divested business 0.5 0.0 Diluted earnings per share, discontinued and divested business 0.5 0.0
37
annual_report
3221
542
In September 2006, the FASB issued FAS No. 157 (“FAS 157”), Fair Value Measurement. This Statement provides guidance for using fair value to measure assets and liabilities and associated disclosures about fair value measurement. Under this standard, the definition of fair value focuses on the price that would be receiv...
186
10K
2982
967
determines the appropriate classification of debt securities at the time of purchase and re-evaluates such designation as of each balance sheet date.
22
10K
4225
1,111
Following the completion of the exchange offer, a total of 28,925,400 Equity Units remained outstanding. In addition, the remaining debentures continue to be subject to remarketing. In January 2011, AIG remarketed the first of three series of the remaining debentures included in the Equity Units. AIG purchased and reti...
92
10K
AssicurazioniGeneraliSpA-AR_2016
2,837
Accumulated depreciation and impairment as at the end of the period 1,140 1,020
13
annual_report
de_allianz-AR_2004
1,860
Allianz Group continues to carry the derivative financial instrument on the consolidated balance sheet at its fair value, and no longer recog nizes changes in fair value of the hedged item in the consolidated income statement. When hedge accounting for a cash flow hedge is discontinued, the
47
annual_report
5155
3,898
We have audited Lincoln National Corporation’s (the “Corporation”) internal control over financial reporting as of December 31, 2015, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the “COSO criteria...
99
10K
1359
927
1998 compared to 1997 Other income decreased $15.2 million (10%) in 1998 due primarily to income of $46.3 million in 1997 from the sale of development rights in New York City (including $32.5 million on rights sold to AFG) and the absence of revenues from a noninsurance subsidiary which was sold in the fourth quarter o...
74
10K
4566
506
In July 2012, the FASB issued guidance related to impairment of indefinite-lived intangible assets other than goodwill. The new guidance will allow an entity to first make a qualitative assessment of whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying...
57
10K