report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
INGGroepNV-AR_2009
1,118
(8) Jan Hommen was a member of the Supervisory Board as of June 2005 and chairman as of January 2008. He stepped down from the Supervisory Board as of April 2009. The compensation figure for 2009 reflects the partial year as member of the Supervisory Board.
46
annual_report
5907
715
The following summarizes our contractual obligations as of December 31, 2020 (in thousands):
13
10K
4888
1,563
The favorable (unfavorable) effects on the statutory surplus of the Company’s insurance subsidiaries, compared to NAIC statutory surplus, from the use of these prescribed and permitted practices were as follows:
30
10K
5712
342
Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry-forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported...
106
10K
1156
410
Program Business involves replacing traditional insurers and acting as the conduit between producers of specialty books of business and reinsurers wishing to write that business. Program Business accounted for 53% of total Fees for 1999 compared to 52% in 1998 and 41% in 1997. This growth has resulted from the continue...
164
10K
5880
805
The following potentially dilutive equity securities were not included in the diluted earnings per common share calculation because they would have had an antidilutive effect:
25
10K
AdmiralGroupPLC-AR_2019
3,052
*3 £1.2 million of IFRS 16 interest expense (being the Group’s net share of IFRS 16 interest expense) included within Finance Costs in the Income Statement has been reallocated to individual segments within expenses, in line with management segmental reporting.
40
annual_report
gb_lloyds_banking_grp-AR_2014
5,769
Loans and advances which are neither past due nor impaired Loans and advances designated at fair value through profit or loss £m
22
annual_report
NatixisSA-AR_2008
7,172
The main transactions between Natixis and related parties (Groupe Banque Populaire, including Banque Fédérale and its subsidiaries and Banque Populaire banks and their subsidiaries, Groupe Caisse d’Epargne, including CNCE and its subsidiaries and Caisses d’Epargne banks and their subsidiaries, investments consolidated ...
69
annual_report
DirectLineInsuranceGroupPLC-AR_2013
769
Adjusted basic earnings per share, which excludes the Run-off segment, Restructuring and other one-off costs and gain on disposal of subsidiary, increased by 15.1% to 25.1 pence (2012: 21.8 pence). Diluted adjusted earnings per share were 25.0 pence (2012: 21.8 pence).
41
annual_report
NatixisSA-AR_2009
4,418
Deferred participation – debit balances 4 925 6.8.3.2 - Insurance accrual accounts - Liabilities
14
annual_report
3632
836
The effective tax rate on income from continuing operations was 28.0% in 2008 and 34.5% in 2007.
17
10K
SwissLifeHoldingAG-AR_2020
432
The following information on the members of the Corporate Executive Board is based on the situation on the balance sheet date. The information on former members of the Corporate Executive Board and information on any previous external mandates can be found in the Corporate Governance section of the relevant previous an...
64
annual_report
de_allianz-AR_2014
3,143
The discount rate assumption is the most significant risk for the defined benefit obligation. It reflects the market yields at the balance sheet date of high-quality fixed income investments corresponding to the currency and duration of the liabilities. In the Eurozone, the decision for the discount rate is based on AA...
105
annual_report
3329
597
The Company's investment policies have not been designed to maximize or emphasize the realization of investment gains. Rather, these policies aim for a stable source of income from interest and dividends, protection of capital, and the providing of sufficient liquidity to meet insurance underwriting and other obligatio...
184
10K
2061
841
Multiple peril results, as adjusted, showed modest improvement in 2002 due to highly profitable overseas results. The improved results in 2001 compared with 2000 were principally in the liability component of this business due to a lower frequency and severity of losses. Losses from catastrophes other than the Septembe...
78
10K
3261
1,236
Assets and liabilities of subsidiaries are translated into U.S. dollars at the year-end rates of exchange. Revenues and expenses of subsidiaries are translated into U.S. dollars at the average rates of exchange for the years. The resultant translation adjustment for self-sustaining subsidiaries is classified as a separ...
61
10K
ASRNederlandNV-AR_2008
267
2.26 Liabilities related to unit-linked contracts Unit linked agreements are insurances in investment units. A unit is a share in an investment fund that ASR has purchased on behalf of policyholders using the net premiums paid by policyholders. The benefit on the end-date of the contract equals the present value of the...
84
annual_report
4779
1,904
PABs in Corporate & Other are held for variable annuity guaranteed minimum benefits assumed from a former operating joint venture in Japan that are accounted for as embedded derivatives.
29
10K
1215
628
The amortized cost and estimated market value of bonds available for sale and carried at market value at December 31, 1999 and 1998 were as follows:
26
10K
de_allianz-AR_2005
846
A. M. Best as “A+” (outlook stable), and by Moody’s as “Aa3”
12
annual_report
HiscoxLtd-AR_2014
224
Our long-established reinsurance teams in London, Bermuda and Paris commenced trading as Hiscox Re in January 2014. Hiscox Re provides marketleading expertise and a wide range of reinsurance products to high-quality insurers around the world. It has a combined line size of over US$200m.
44
annual_report
ch_zurich_insurance_group-AR_2008
717
One year later 85.7% 72.0% 66.1% 64.2% 68.1% 66.2% 71.7% Two years later 85.8% 72.3% 65.4% 63.5% 66.6% 64.8% Three years later 87.4% 74.5% 65.5% 63.7% 65.0% Four years later 88.5% 74.7% 65.7% 62.9% Five years later 90.2% 73.4% 65.0% Six years later 90.2% 74.3% Seven years later 90.3%
49
annual_report
SwissReAG-AR_2020
2,764
The Compensation Committee held six regular meetings during 2020 and provided updates to the Board of Directors on topics discussed, decisions made and items for approval after each of these meetings.
31
annual_report
PhoenixGroupHoldingsPLC-AR_2020
329
BPA transactions Generate increased cash flows over the longer term and are value accretive.
14
annual_report
HelvetiaHoldingAG-AR_2019
1,211
Share of profit or loss of associates – – – – 0.8 0.6 0.0 0.0 – – 0.8 0.6 of which transactions between geographical segments 2.0 2.0 – – – – – 2.0 – 2.0 191.2 188.8 191.2 188.8
39
annual_report
2325
962
Ceded unpaid claims and claim adjustment expenses (C&CAE) decreased as a result of the decrease in unpaid claims and claim adjustment expenses with regard to commercial claims subject to the commercial quota share reinsurance agreement. This balance represents unpaid claims and claim adjustment expenses which have been...
93
10K
AegonNV-AR_2012
2,708
Governance Code requires that the maximum compensation in the event of dismissal should be one year’s salary - or two years’ salary for cases where one year’s salary would be manifestly unreasonable, such as a member who is dismissed in his or her first term of office.
47
annual_report
HannoverRueckSE-AR_2019
626
The Group net income for 2019 attributable to the shareholders ’ equity of the Hannover Re Group amounted to EUR 1,284.2 million (EUR 1,059.5 million). The non-controlling interest in the profit generated in the year under review totalled EUR 89.2 million (EUR 86.0 million).
44
annual_report
fr_axa-AR_2004
2,517
7.4.1. Breakdown of financial assets subject to impairment 7.4.2. Impairment on invested assets
13
annual_report
LloydsBankingGroupPLC-AR_2001
532
Direct investment market risk is derived from two portfolios: the surplus in the life businesses; and an investment portfolio within the general insurance business. Investment is undertaken in accordance with Group approved policy.
33
annual_report
SwissReAG-AR_2006
1,145
8.4 Supervisory and control instruments vis-à-vis the external auditor 8.4 Supervisory and control instruments vis-à-vis the external auditor
18
annual_report
2871
639
At December 31, 2005, we held mortgage loan investments with a carrying value of $1,264.2 million (or 5.0 percent of total invested assets) and a fair value of $1,297.6 million. The mortgage loan balance was primarily comprised of commercial loans. Noncurrent mortgage loans were insignificant at December 31, 2005. Real...
124
10K
BaloiseHoldingLtd-AR_2017
1,445
the Baloise Group considers an insurance risk to be significant if, during the term of the contract and under a plausible scenario, the payment triggered by the occurrence of the insured event is 5 per cent higher than the contractual benefits payable if the insured event does not occur.
49
annual_report
StorebrandASA-AR_2004
563
Earnings performance: The Storebrand group reports an operating profit of NOK 4,435 million for 2004 as compared to NOK
19
annual_report
gb_prudential-AR_2016
4,122
Variable annuity business 7,844 5,713 Other business 696 703 Cumulative shadow DAC (for unrealised gains booked in other comprehensive income)* (237) (268)
22
annual_report
StandardLifeAberdeenPLC-AR_2020
1,857
Performance targets are set annually for each three-year cycle by the Remuneration Committee. Awards are subject to at least two performance metrics which are linked to the achievement of the Company’s long-term strategic priorities and the creation of long-term shareholder value, with at least one being absolute in na...
55
annual_report
AvivaPLC-AR_2012
1,169
During 2012 Aviva has been included in some key responsible investment indices: Aviva has been included in the FTSE4Good since its inception in 2001. FTSE4Good rank as one of the top four global organisations in their ESG ratings.
38
annual_report
485
286
The Company's 1996 interest expense increased $1,143,000, or 20%, compared to 1995. This increase was due to an overall increase in bank borrowings during mid-1995. The 1995 borrowings were used to fund the Viking acquisition, and are pursuant to a reducing, revolving credit facility, which provides for a floating inte...
131
10K
3025
726
At December 31, 2006, the carrying values of cash and cash equivalents, accounts receivable, accounts payable, claims payable, payables to plan sponsors and others, debt and line of credit approximate fair value due to their short-term nature.
37
10K
5034
1,352
When estimating IBNR reserves, each of our insurance and reinsurance business units segregate business into exposure classes. Within each class, the business is further segregated by either the year in which the contract incepted ("underwriting year"), the year in which the claim occurred ("accident year"), or the year...
134
10K
ScorSE-AR_2014
4,055
4 ENVIRONMENTAL IMPACT OF SCOR’S ACTIVITY Information required under Article R. 225-105 of the Commercial Code
16
annual_report
4508
1,665
Willis North America has a 401(k) plan covering all eligible employees of Willis North America and its subsidiaries. The plan allows participants to make pre-tax contributions which the Company, at its discretion may match. During 2009, the Company had decided not to make any matching contributions other than for forme...
108
10K
994
297
Interest Expense - Interest expense was $6.0 million, or 4.3% of sales, in 1998 as compared to $4.3 million, or 3.8% of sales, in 1997, an increase of $1.7 million as a result of debt incurred in connection with the Company's acquisition of Sybra, new store openings and acquisitions.
49
10K
4319
1,051
Of our $902.9 million of total assets (measured at fair value on a recurring basis) classified as Level 3 assets, $721.0 million were ABS. Of this amount, $667.6 million were student loan related ABS, $33.5 million were non-student loan related ABS, and $19.9 million were commercial mortgage-backed securitizations. The...
58
10K
2864
841
For measurement purposes, for our health benefit plan, a 10.0 percent annual rate of increase in the per capita cost of covered health care benefits is assumed for 2005. The rate is assumed to decrease gradually each year to a rate of 5.25 percent for 2011 and remain at that level thereafter. For dental claims, a 5.25 ...
68
10K
NatixisSA-AR_2010
6,078
If the granting is made by redemption of shares or the granting of existing shares, the possibility of an outfl ow in settlement is deemed likely and without a counterpart provision. A provision is then set aside taking account of the entry cost of the shares or the share price on the balance sheet date if the shares h...
82
annual_report
130
309
The contractual maturities of held-to-maturity short-term, long-term and restricted securities at December 31, 1995 were as follows:
17
10K
DirectLineInsuranceGroupPLC-AR_2017
1,876
Having done this, we worked with those specialists to: • assess and challenge the methodologies and key assumptions, and their underlying rationale, adopted by the Group
26
annual_report
NatixisSA-AR_2017
6,626
In addition, the fees paid to KPMG totaled €1.7 million for audit and account certification services and €3.3 million for other services.
22
annual_report
4126
1,103
Unanticipated changes in risk factors can affect reserves. As an indicator of the causal effect that a change in one or more risk factors could have on reserves for general liability (excluding asbestos and environmental), a 1% increase (decrease) in incremental paid loss development for each future calendar year could...
59
10K
gb_prudential-AR_2010
4,513
The key assumptions adopted were: Rate of inflation 3.55 3.7 Rate of increase in salaries 5.55 5.7 Rate of increase in pension payments for inflation: Guaranteed (maximum 5%) 3.55 3.7 Guaranteed (maximum 2.5%) 2.5 2.5 Discretionary 2.5 2.5 Rate used to discount Scheme liabilities 5.45 5.8
46
annual_report
AegonNV-AR_2011
1,960
On December 31, 2011 AEGON has borrowed or swapped amounts in proportion to the currency mix of capital in units, which was denominated approximately 58% in US dollars, 25% in euro, 11% in UK pounds and 6% in Canadian dollars.
40
annual_report
ASRNederlandNV-AR_2014
288
To provide even better customer services, the individual life business will undertake extra efforts in 2015 to encourage the last group of customers with non-accruing policies, customers with mortgage-linked policies and customers with pension annuities to come forward. These customers have been actively approached bef...
79
annual_report
PosteItalianeSpA-AR_2018
3,594
Investment in “Intangible assets” during 2018 amounts to €278 million, of which €15 million relates to internally developed software. Development costs, other than those incurred directly to produce identifiable software used, or intended for use, within the Group, are not capitalised.
41
annual_report
4038
569
For the year ended December 31, 2009, other comprehensive income (losses) was $196,976 compared to ($283,566) in 2008 and $54,274 or the same period in 2007. Comprehensive income for 2009 was primarily due to an increase in the market value of available for sale fixed maturities and equity securities. The comprehensive...
83
10K
4930
1,746
The board of directors of ACGL has authorized the investment in ACGL’s common shares through a share repurchase program. Authorizations have consisted of a $1.0 billion authorization in February 2007, a $500.0 million authorization in May 2008, a $1.0 billion authorization in November 2009, a $1.0 billion authorization...
218
10K
ch_zurich_insurance_group-AR_2011
1,476
Total comprehensive income 2010 Comprehensive income for the period, as restated 3,428 2,081 65 (724) 28 (162) 1,288 4,716 (14) 4,702 Details of movements during the period
27
annual_report
StandardLifeAberdeenPLC-AR_2019
803
• The Group’s holdings in listed associates as set out on page 30
13
annual_report
1728
424
Note 2-Cash Dividends from Subsidiaries Dividends of $2.5 million in 2001, $2.4 million in 2000 and $2.3 million in 1999 were paid to the Registrant by it subsidiaries.
28
10K
NatwestGroupPLC-AR_2015
4,693
Impairment losses/(releases) Impairment provision 2015 Individual Collective Latent Total Individual Collective Latent Total £m £m £m £m £m £m £m £m
21
annual_report
2216
653
Fire and Marine owns our corporate headquarters buildings, located at 385 Washington Street and 130 West Sixth Street, St. Paul, MN. These buildings are adjacent to one another and consist of approximately 1.1 million square feet of gross floor space. Fire and Marine also owns property in Woodbury, MN where its Adminis...
61
10K
BaloiseHoldingLtd-AR_2015
1,993
Premiums earned and policy fees (gross) 3,351.3 3,048.9 3,816.8 3,783.4 – – – – – – 7,168.1 6,832.4
18
annual_report
1921
575
Dispositions-In November 2002, the Company completed the sale of its Life and Health third-party administration business. The gain on disposal of $14 million included a goodwill write off of
29
10K
2251
986
(1) As of December 31, 2003 and December 31, 2002 the Company held mortgage loans with carrying values of $12.9 billion and $11.8 billion, respectively. (2) Increase as of December 31, 2003 is from a U.S. based forest products company that filed for bankruptcy during 2003.
46
10K
fr_axa-AR_2009
9,464
The Audit Committee has four members all of whom are independent in accordance with the criteria of the AFEP/MEDEF
19
annual_report
HelvetiaHoldingAG-AR_2015
1,529
Deposits received from investment contracts life1 148.0 153.0 – 3.3 7.5
11
annual_report
PhoenixGroupHoldingsPLC-AR_2019
1,491
KEY AUDIT COMMITTEE ACTIVITIES IN 2019 • Reviewed the Company’s 2018 Annual
12
annual_report
5213
1,710
The maximum potential amount of future payments under Ambac’s credit derivative contracts is generally the gross principal notional outstanding amount included in the above table plus future interest payments payable by the derivative reference obligations. Since Ambac’s credit derivatives typically reference obligatio...
82
10K
SwissReAG-AR_2007
5
Cover: Swiss Re offices in Zurich. From left: Martin Steiner, Client Markets Europe Adrian Kärle, Globals & Large Risks Christina Salvetti, Property & Specialty
24
annual_report
4894
2,061
The current accident year P&C combined ratio excluding catastrophe losses was 89.3 percent compared with 90.0 percent in 2013.
19
10K
5388
3,249
The unaudited quarterly results of operations for 2017 and 2016 are summarized in the table below:
16
10K
SwissReAG-AR_2015
2,836
financial statements notes to the Group financial statements 13 income taxes the Group is generally subject to corporate income taxes based on the taxable net income in various jurisdictions in which the Group operates. the components of the income tax charge were: Tax rate reconciliation the following table reconciles...
182
annual_report
4334
2,066
(2)-Includes discounts of $773 million and fair value adjustments of $41 million, net of accrued interest of $10 million.
19
10K
5942
2,343
Under BRCD’s plan of operations, no dividend or distribution may be made by BRCD without the prior approval of the Delaware Commissioner. During the year ended December 31, 2020, BRCD paid an extraordinary dividend in the form of invested assets of $423 million and the settlement of affiliated reinsurance balances of $...
106
10K
4965
788
Fixed maturity securities were 95% and 96% investment grade as rated by Standard & Poor’s as of December 31, 2014 and 2013, respectively.
23
10K
4773
683
Net Investment Income. Net investment income for the year ended December 31, 2012 increased by $1,810, or 4.6%, to $40,870 from $39,060 for the comparable 2011 period. Net effective annual yield on the investment portfolio increased to 3.7% for the year ended December 31, 2012 from 3.6% for the comparable 2011 period. ...
69
10K
LloydsBankingGroupPLC-AR_2008
2,902
The Group’s income statement includes the current service cost of providing pension benefits, the expected return on the schemes’ assets, net of expected administration costs, and the interest cost on the schemes’ liabilities. Actuarial gains and losses arising from experience adjustments and changes in actuarial assum...
92
annual_report
1630
298
From time to time, funds are held in escrow on account of Participating Stock applications. Such amounts are not included in cash and cash equivalents in the accompanying financial statements. At December 31, 2001 and 2000, there were no funds held in escrow.
43
10K
SwissReAG-AR_2003
348
At 31 December 2003, CHF 9 173 million (2002: CHF 3 215 million) were guarantees on all present and future obligations in respect of Sale & Repurchase Agreements or Global Master Securities Lending Agreements, expiring between 2032 and 2036. CHF 2 523 million (2002: CHF 1779 million) were guarantees issued to third par...
69
annual_report
NatwestGroupPLC-AR_2015
2,348
Notes: (1) For the purpose of net interest margin calculations interest receivable has been increased by nil (2014 - £11 million; 2013 - £4 million) and interest payable has been increased by £15 million (2014 - £58 million; 2013 - £83 million) in respect of interest on financial assets and liabilities designated as at...
70
annual_report
BaloiseHoldingLtd-AR_2008
454
The International corporate division, headed by the Chief Executive Officer up till now, will be headed by new member of the Corporate Executive Committee Jan De Meulder, to date CEO of Mercator in Belgium, as from 1 January 2009.
39
annual_report
fr_axa-AR_2012
3,990
The operational risk related to derivatives is measured and managed in the context of AXA’s global operational risk framework. Furthermore, four mandatory centers of expertise have been selected to centralize execution and management of derivatives and reduce operational risk: AXA Investment
41
annual_report
AvivaPLC-AR_2007
3,166
Callable at par at the coupon will reset at Notional amount Issue date Redemption date option of the Company from each applicable reset date to £700 million 14 November 2001 14 November 2036 16 November 2026 5 year Benchmark Gilt + 2.85% 1800 million 14 November 2001 14 November 2021 14 November 2011 3 month Euribor + ...
120
annual_report
PosteItalianeSpA-AR_2020
2,330
The CET 1 ratio at December 2020 stood at 18.1%, confirming the capital solidity and recording a decline mainly related to the fall in interest rates, which led to an increase in collateral paid to counterparties in hedging derivative transactions.
40
annual_report
899
160
Financial statements prepared in conformity with generally accepted accounting principles ("GAAP") differ in some respects from the statutory accounting practices prescribed or permitted by insurance regulatory authorities. The most significant differences are: (a) acquisition costs of obtaining new business are deferr...
171
10K
StandardLifeAberdeenPLC-AR_2019
3,309
Remeasurement gains/(losses) recognised in other comprehensive income 211 (253) (42) 13 (29) Exchange differences (1) 1 – – –
19
annual_report
AssicurazioniGeneraliSpA-AR_2014
3,463
At the balance sheet date there are the following sharebased compensation plans granted by Generali France to the employees of Generali France group: eight stock grant plans approved on 21st December 2006, 20th December 2007, 4th December 2008, 10th December 2009, 9th December 2010, 14th March 2012, 25th June 2013 and ...
71
annual_report
AegonNV-AR_2007
807
Other income/(charges) of EUR 30 million included a onetime gain related to the acquisition of OPTAS and the effect of a refinement of the calculation of unit-linked guarantees. The acquisition of OPTAS was completed in the second quarter of 2007. The acquired net assets amounted to EUR 1.7 billion, EUR 212 million hig...
133
annual_report
INGGroepNV-AR_2006
423
In 2006, Wholesale Banking did well in a challenging business climate by focusing on clients’ interests, capitalising on cross-selling opportunities and managing for greater value. The organisation continued to invest selectively to ensure future growth through expansion of its existing capabilities in higher value-add...
92
annual_report
ASRNederlandNV-AR_2016
4,488
Impact investments Investments made in companies, organizations and/or funds with a view to having a beneficial impact on society and the environment while achieving an acceptable financial return.
28
annual_report
2611
377
Amortization of Deferred Acquisition Costs (DAC) and Value of Business Acquired (VOBA) Assets
13
10K
5658
3,076
In Canada, the Company's U.S. reinsurance company operates through a branch and its U.S. service company has an unlimited liability company subsidiary based in Canada. These Canadian operations are subject to the relevant taxes in that jurisdiction and remain subject to examination for tax years 2014 through 2018.
48
10K
5812
1,127
● premiums from reinsurance on property and casualty business assumed; and
11
10K
BaloiseHoldingLtd-AR_2015
3,263
The Board of Directors will propose to the Annual General Meeting that the Company’s distributable profit be appropriated as shown in the table below�
24
annual_report
4334
894
Average third-party assets under management for the years ended December 31, 2011, 2010 and 2009 were $24.9 billion, $26.0 billion and $23.7 billion, respectively. As of December 31, 2011, third-party ending assets under management were $22.3 billion, a decrease of $3.0 billion from December 31, 2010 and a decrease of ...
139
10K
PhoenixGroupHoldingsPLC-AR_2015
3,070
Joint ventures: The Tesco Property Limited Partnership (property joint venture) Limited Partnership 50.00% Tesco Property Partner (GP) Limited (property joint venture) Ordinary shares 50.00%
24
annual_report
1909
514
Our managed care companies [Alta Services LLC (Alta), SelecTech, LLC (Selectech), Consumer Health Network Plus, LLC (CHN) and Northeast Health Direct, LLC (NHD)] provide workers' compensation and automobile medical claim services, third party administrative services and discounted access to the number one membership ba...
86
10K
2561
269
We derive our revenues primarily from premiums paid on insurance policies that we write and from income generated by our investment portfolio, net of fees paid for investment management and investment accounting services. The amount of insurance premiums that we receive is a function of the amount and type of policies ...
60
10K
PhoenixGroupHoldingsPLC-AR_2015
1,025
Ɛ Similarly, management successfully adjusted the investment portfolio in line with the new priorities set by the Board to enable our Internal Model to be approved and so the Committee, again, excluded the direct negative consequences of the recalibration from the AIP out-turn.
43
annual_report