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
5019
1,494
We also exclude certain non-recurring items that are material to understanding our results of operations. For the year ended December 31, 2014, we exclude the following non-recurring items:
28
10K
1790
687
This Statement requires that one accounting model be used for long-lived assets to be disposed of by sale, whether previously held and used or newly acquired, and by broadening the presentation of discontinued operations to include more disposal transactions. Additionally, this Statement resolves significant implementa...
50
10K
5284
1,172
Available for sale securities are carried at estimated fair value, with related net unrealized gains or losses excluded from earnings and included in shareholders' equity as a component of accumulated other comprehensive loss. The Company determines the fair value of its fixed maturity, short-term and equity investment...
128
10K
1586
380
The Company believes the cash flows from its operations will be sufficient to meet its operating and financial cash flow requirements, excluding the strain placed on capital as a result of the charges recorded in connection with the merger. As a result of the effect on capital during 1999 of the merger related charges,...
83
10K
1360
427
Due to tax loss carryforwards, the Company did not incur income tax expense on a consolidated basis for the years ended December 31, 1998 and 1997, respectively.
27
10K
5146
1,363
The maximum length of time we are hedging our exposure to the variability in future cash flows for forecasted transactions, excluding those related to the payments of variable interest on existing financial assets and liabilities, is 4.5 years. At December 31, 2015, we had $44.1 million of net gains reported in AOCI on...
148
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008
2,886
Notes Disclosures on type and extent of risks from insurance contracts and financial instruments
14
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2016
1,946
Since 1 January 2009, Munich Reinsurance Company has set up medium-term incentive plans, each with a term of three years. Eligible for participation in these cash-settled share-based remuneration plans are senior management in Munich. The participants receive performance share units (PSUs). In the fourth year after pla...
72
annual_report
2392
2,451
Net Investment Income. As a result of the internal review, AIG determined that the accounting for certain transactions had the effect of improperly converting capital gains into net investment income and was not consistent with GAAP. The most significant of these transactions are:
43
10K
TrygAS-AR_2016
1,385
Derivative financial instruments, assets 0 1,000 0 1,000 Derivative financial instruments, debt 0 -702 0 -702
16
annual_report
GjensidigeForsikringASA-AR_2012
2,060
Assets with 0 % risk weight 0.0 0.0 Assets with 10 % risk weight 255.5 186.0 Assets with 20 % risk weight 7,236.4 6,832.0 Assets with 35 % risk weight 4,744.4 4,100.1 Assets with 50 % risk weight 1,020.4 574.4 Assets with 100 % risk weight 30,354.6 28,942.5 Assets with 150 % risk weight 2,802.5 656.3 Net basis of calcu...
79
annual_report
3306
798
RiverSource Life participates in the defined benefit health care plans of Ameriprise Financial that provide health care and life insurance benefits to retired employees and retired financial advisors. The plans include participant contributions and service related eligibility requirements. Upon retirement, such employe...
85
10K
3952
8,096
The portion of National Interstate's net earnings attributable to noncontrolling shareholders declined in 2008 due primarily to net realized losses from investments and an increase in large loss severity related to its charter passenger transportation business. Marketform's loss in 2009 reflects $56 million of adverse ...
81
10K
5239
609
Our principal executive office is located in the Humana Building, 500 West Main Street, Louisville, Kentucky 40202. In addition to the headquarters in Louisville, Kentucky, we maintain other principal operating facilities used
32
10K
5258
2,276
Allstate’s domestic property-liability and life insurance subsidiaries prepare their statutory-basis financial statements in conformity with accounting practices prescribed or permitted by the insurance department of the applicable state of domicile. Prescribed statutory accounting practices include a variety of public...
68
10K
gb_lloyds_banking_grp-AR_2019
1,374
4 Capital build is reported on a pro forma basis, reflecting the dividend paid up by the Insurance business in the subsequent first quarter period and is also reported before accruing for ordinary dividends, the cancellation of the remaining 2019 share buyback and the acquisition of Tesco Bank’s UK prime residential mo...
53
annual_report
4355
1,932
As consideration, based upon the carrying value of the traditional personal lines business as of July 1, 2010, we received $166.6 million. The consideration represented the statutory surplus in the reciprocals (as consideration for surplus notes issued by the reciprocals), the combined GAAP equity in the insurance comp...
131
10K
TopdanmarkAS-AR_2015
648
Loans guaranteed by mortgages 0 (1) Derivatives 300 (1,157) Total held for trading 2,062 (1,132) Investment assets related to unit-linked contracts: Unit trusts 107 59
25
annual_report
4389
1,231
During 2009 Montpelier Syndicate 5151 incurred $72.1 million of current year net loss and LAE, nearly all of which related to claims and events that had been incurred in that year but had not yet been reported to us.
39
10K
2773
7,337
program includes, among other things, initial and periodic ethics and compliance training, a toll-free reporting hotline for employees, annual fraud and abuse audits and annual coding audits. The organizational structure of our compliance program includes oversight by our board of directors and a high-level corporate m...
127
10K
3121
934
Risk-based capital is designed to measure the acceptable amount of capital an insurer should have based on the inherent risks of the insurer’s business. Insurers failing to meet adequate capital levels may be subject to insurance department scrutiny and ultimately rehabilitation or liquidation. Based on established sta...
68
10K
fr_axa-AR_1999
1,050
A reconciliation of beginning to ending gross outstanding claims reserves including claim expenses for each of the three years ended December 31, 1999, is presented in Note 12 to the Consolidated Financial
32
annual_report
AegonNV-AR_2002
961
The interest in the Transamerica non-insurance businesses (Transamerica Finance Corporation) is accounted for under shares in group companies at net asset value. These group companies are not consolidated because the nature of their businesses is dissimilar to the rest of the AEGON Group businesses. Consolidated financ...
58
annual_report
1003
217
operating income and an increase in medical and other benefits payable and premium advances. Due to periodic cash flow requirements of certain subsidiaries, the Company made borrowings under its bank line of credit ranging up to $10.0 million during 1998 and $8.0 million during 1997 to meet short-term cash needs. No ba...
61
10K
PhoenixGroupHoldingsPLC-AR_2014
145
Following a series of life company consolidations, the Group now has three operating UK life companies, being Phoenix Life Limited, Phoenix Life Assurance Limited and National Provident Life Limited (‘NPLL’). Together, they comprise 14 with-profit funds and two non-profit funds. In addition, the Group has an Irish oper...
62
annual_report
HannoverRueckSE-AR_2006
2,066
Mean rate of exchange on the balance sheet date Average rate of exchange
13
annual_report
BaloiseHoldingLtd-AR_2016
1,150
Other Matter The remuneration report of Bâloise Holding AG for the year ended 31 December 2015 was examined by another statutory auditor who expressed an unmodified opinion on the remuneration report on 18 March 2016.
35
annual_report
PhoenixGroupHoldingsPLC-AR_2014
997
The Company engaged with its shareholders on these issues both in advance of, and subsequent to, the AGM. No salary increases have been awarded to either of the Executive Directors in respect of the 2015 review and page 68 of this report includes additional disclosure regarding the 2014 AIP out-turn. Consistent with ev...
103
annual_report
TrygAS-AR_2012
373
In Norway, macro-economic growth also benefited the industrial companies. On account of Tryg’s smaller market share and focused approach to new business, Tryg’s Swedish business is only affected by macro-economic developments to a smaller extent.
35
annual_report
LloydsBankingGroupPLC-AR_2018
5,440
Repurchases and redemptions during the year1 – (614) – (1,642) (2,256)
11
annual_report
LloydsBankingGroupPLC-AR_2008
2,838
All derivatives are recognised at their fair value. Fair values are obtained from quoted market prices in active markets, including recent market transactions, and using valuation techniques, including discounted cash flow and options pricing models, as appropriate. Derivatives are carried in the balance sheet as asset...
98
annual_report
2733
492
In general, a change in assumption that improves the Company's expectations regarding EGP is going to have the effect of deferring the amortization of DAC into the future, thus increasing earnings and the current DAC balance. Conversely, a change in assumption that decreases EGP will have the effect of speeding up the ...
99
10K
StorebrandASA-AR_2020
2,293
In the case of defined-benefit contracts (KF portfolio), the company is entitled to charge an indexing fee if the group profit allows the indexing of the insurance. Indexing is allowed up to a maximum equalling the change in the conTotaler price index (CPI) between the previous two Septembers. Pensions that are paid ou...
109
annual_report
gb_prudential-AR_2003
1,395
UK and Europe Operations Long-term business: New business: Operating profit: Statutory basis capital and reserves 1,296 1,305 1,187 1,227 1,282 Additional achieved profits basis retained profit 2,812 2,472 3,268 3,984 3,899
31
annual_report
fr_axa-AR_2011
763
(8) Source: Offi ce of Commissioner statistics as of September 30, 2011 (measured on individual life in-force business).
18
annual_report
2633
838
The Company defers commissions, premium taxes and certain other costs that vary with and are primarily related to the acquisition of insurance contracts. These costs are capitalized and charged to
30
10K
4131
1,069
Total reinsurance gross premiums written for the year ended December 31, 2008 were $1,502.2 million, compared to $1,545.9 million for 2007, a decrease of 2.8%. Total insurance gross premiums written for the year ended December 31, 2008, which include our U.S. Insurance division, our Lloyd’s syndicate and NICL, were $79...
93
10K
NatwestGroupPLC-AR_2016
911
In order to provide effective oversight and leadership, the Board has established a number of Board committees with particular responsibilities. Please see page 54 of the Strategic Report for more details. The terms of reference are available on rbs.com.
39
annual_report
NatwestGroupPLC-AR_2010
4,000
Hedged forecast cash flows affect on profit or loss Forecast receivable cash flows 871 758 659 548 421 1,284 397 40 4,978 Forecast payable cash flows (1,701) (1,576) (1,323) (1,023) (878) (2,771) (1,337) (128) (10,737)
35
annual_report
ch_zurich_insurance_group-AR_2010
2,368
Net income before income taxes 4,868 5,537 Less: income tax (expense)/benefit attributable to policyholders (462) (387) Net income before income taxes attributable to shareholders 4,406 5,150 Expected income tax expense attributable to shareholders computed at the Swiss statutory tax rate 22.0% 969 22.0% 1,133 Increase...
86
annual_report
5607
994
As previously discussed, our reserving practice is to consistently recognize the actuarial best estimate of our ultimate liability for claims. Actuarial standards require the use of assumptions based on moderately adverse experience, which generally results in favorable reserve development, or reserves that are conside...
93
10K
de_allianz-AR_2018
948
Chairman of the Board increased from € 5,250 thou to € 5,687 thou.
13
annual_report
HiscoxLtd-AR_2017
1,250
2.15 Deferred tax Deferred tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. However, if the deferred income tax arises from initial recognition of an asset or liability in a trans...
186
annual_report
RSAInsuranceGroupPLC-AR_2014
1,954
� �.TQ�NOHMHNM�NM�NSGDQ�L@SSDQR�OQDRBQHADC�AX�SGD�"NLO@MHDR� BS������HR�TMLNCHëDC In our opinion: • the part of the Directors’ Remuneration Report to be audited has been properly prepared in accordance with the Companies BS�������@MC
27
annual_report
3067
1,181
In July 2006, the FASB issued FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48). Among other things, FIN 48 creates a model to address uncertainty in tax positions and clarifies the accounting for income taxes by prescribing a minimum recognition threshold which all income tax
49
10K
4995
402
experience will fall within a range up to five Net Loss Ratio points above or below the expected Projected Net Loss Ratio for the 2014 underwriting year at December 31, 2014. The impact of these reasonably likely changes at December 31, 2014, would be an increase in net reserves (in the case of a higher ratio) or a dec...
91
10K
2076
836
General: CFC has historically provided financing for manufactured housing, home equity, home improvements, consumer products and equipment, and consumer and commercial revolving credit. As a result of the formalization of the plan to sell the
35
10K
AegonNV-AR_2016
6,492
The United States Department of Labor (DOL) issued a ‘Conflict of Interest’ or ‘Fiduciary’ rule in April 2016 (the ‘DOL Rule’) that substantially broadens the definition of ‘fiduciary’ with respect to retirement savings and investment plans and products (‘qualified assets’). The final rule would, with limited exemption...
65
annual_report
de_allianz-AR_2014
2,915
Valuation methodologies of financial instruments carried at fair value For fair value measurements categorized within level 2 and level 3, the Allianz Group uses valuation techniques consistent with the three widely used classes of valuation techniques listed in IFRS 13: − Market approach: Prices and other relevant inf...
59
annual_report
1933
840
The original issuance cost of $21,302,000 at December 31, 2002, is reported as Redeemable Common Stock in the accompanying 2002 balance sheet. Since the Company is obligated to repurchase shares from its employees only in an amount equal to their original issuance cost, changes in the fair value of such shares are not ...
66
10K
Sampoplc-AR_2017
1,626
With respect to with profit policies with the 4.5 per cent guaranteed rate, the maximum discount rate used when discounting technical provisions has been decreased to 3.5 per cent over the lifetime of these policies. As a result, technical provisions were supplemented by a reserve of EUR 43 million at the end of 2017 (...
59
annual_report
2307
597
The Company’s business is organized in two principal reportable segments: the “Protection Products” segment and the “Accumulation Products” segment. Substantially all of the Company’s other business activities are combined and reported in the “Other Products” segment. Certain amounts, which are not allocated to the seg...
156
10K
1353
545
Each decrease or increase amount includes the effects of all changes in amounts during the current year for prior periods. For example, the amount of the redundancy related to losses settled in 1992, but incurred in 1989 will be included in the decrease or increase amount for 1989, 1990 and 1991. Conditions and trends ...
121
10K
SwissReAG-AR_2018
1,763
Any activities of Board members in governing and supervisory bodies of important Swiss and foreign organisations, institutions and foundations, as well as permanent management and consultancy functions for important Swiss and foreign interest groups and official functions and political posts, are stated in each of the ...
55
annual_report
4986
1,003
Goodwill allocable to the Company’s reportable segments is as follows: Risk and Insurance Services, $5 billion and Consulting, $2.2 billion.
20
10K
gb_lloyds_banking_grp-AR_2003
1,499
Interest receivable: – Interest receivable and similar income arising from debt securities 523 44 567 – Other interest receivable and similar income 8,285 1,697 9,982
25
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2012
1,460
Change resulting from valuation at equity gains (losses) recognised in equity 26 5 included in the income statement – –
20
annual_report
PosteItalianeSpA-AR_2020
7,560
Total amortised cost at 31 December 2020 827 - 44,827 - - - 634 4,389 50,677 2019 effects
18
annual_report
SwissLifeHoldingAG-AR_2010
1,585
Diluted earnings per share include the dilutive effect of convertible bonds and share options issued. In the diluted EPS calculation, the convertible debt is assumed to have been converted into shares and the profit attributable to shareholders is adjusted for the applicable interest expense minus the related taxes. Sh...
138
annual_report
gb_lloyds_banking_grp-AR_2009
2,152
The risk of loss measured by the VaR model is the potential loss in earnings given the confidence level and assumptions noted above. The total and average trading VaR does not assume any diversification benefit across the four risk types, with the exception of the 2008 HBOS comparatives. VaR is a statistical measure an...
197
annual_report
2942
761
Changes in the fair value of fixed maturity and equity securities are reported as a component of accumulated other comprehensive income (loss) on the Balance Sheets and are not reflected in the Statements of Earnings until a sale transaction occurs or when declines in fair value are deemed other-than-temporary.
49
10K
SwissReAG-AR_2005
898
At the beginning of 1989, Mr Kielholz joined Swiss Re, Zurich. He became a Member of the Executive Board in January 1993 and was Swiss Re’s Chief Executive Officer from 1 January 1997 to 31 December 2002. In June 1998 he was elected to Swiss Re’s Board of Directors, which at the same time appointed him Managing Directo...
97
annual_report
NNGroupNV-AR_2017
620
In the Netherlands, we offer our products and services under the following brand names: Nationale-Nederlanden, Delta Lloyd, Movir, AZL, OHRA and BeFrank, as well as via our ABN AMRO Insurance joint venture and our partnership with ING. We build and capitalise on our leading market position with our ‘Digital, Personal, ...
85
annual_report
5088
641
GMAB, GMWB, GMWBL and FIA: We also issue certain products which contain embedded derivatives that are measured at estimated fair value separately from the host contract. These embedded derivatives include annuity guaranteed minimum accumulation benefits ("GMAB"), guaranteed minimum withdrawal benefits without life cont...
57
10K
2034
1,205
The availability and cost of reinsurance are subject to prevailing market conditions, both in terms of price and available capacity. Although the reinsurer is liable to Safeco to the extent of the reinsurance ceded, we remain primarily liable to the policyholders as the direct insurer on all risks insured. To Safeco’s ...
63
10K
AdmiralGroupPLC-AR_2006
287
The roles of the Chairman and Chief Executive The Board has approved a statement of the division of responsibilities between the Chairman and the Chief Executive. The Chairman is primarily responsible for the workings of the Board and is not involved in the day-to-day aspects of the business. Save for matters reserved ...
97
annual_report
4039
912
Organic revenue growth in Reinsurance in 2008 was adversely impacted by a combination of declining rates and a reduction in amounts reinsured. We continue to make investments in Reinsurance to strengthen capital markets and analytics capabilities throughout the soft market and are beginning to see the positive results ...
56
10K
3002
7,453
Subsidiaries of AFG's 81%-owned subsidiary, Great American Financial Resources, Inc. ("GAFRI"), cede life insurance policies to a third party on a funds withheld basis where GAFRI retains the assets (securities) associated with the reinsurance contracts. Interest is credited to the reinsurer based on the actual investm...
154
10K
BaloiseHoldingLtd-AR_2013
1,851
Investment property DCF method Discount rate 1 4.5 % –5.5 % 3 1 The lower these key input factors are, the higher the fair value of the investment property is. 2 The higher these key input factors are, the lower the fair value of the investment property is. 3 The input factor ranges shown essentially relate to the real...
67
annual_report
SwissReAG-AR_2015
2,300
an update to topic 323, “Investments — Equity Method and Joint Ventures”. The Low Income Housing Tax Credit, a program created under the US Tax Reform Act of 1986, offers US federal tax credits to investors that provide capital to facilitate the development, construction, and rehabilitation of low-income rental propert...
170
annual_report
4859
1,512
The Company has a share-based incentive compensation plan, The Travelers Companies, Inc. 2014 Stock Incentive Plan (the 2014 Incentive Plan), which was approved by the Company's shareholders in May 2014 and replaced The Travelers Companies, Inc. Amended and Restated 2004 Stock Incentive Plan, as amended (the 2004 Incen...
191
10K
AvivaPLC-AR_2016
7,633
Within 1 year — — 1 – 5 years 3,111 369 Over 5 years 2,830 184
16
annual_report
4005
1,396
goodwill on at least an annual basis. If, as a result of the assessment, the Company determines that the value of its goodwill is impaired, goodwill will be written down in the period in which the determination is made. The Company has established September 30 as the date for performing its annual impairment test. Neit...
71
10K
4478
1,051
Other income increased $2.8 million for the year ended December 31, 2010 compared to the prior year primarily due to an increase in fee income received in connection with the National Flood Insurance Program and an increase in management fees received from the Mutual Company.
45
10K
3759
403
We own and lease a number of properties for use as offices throughout the world and believe that our properties are generally suitable and adequate for the purposes for which they are used. The principal properties are located in the United Kingdom and the United States.
46
10K
3180
460
We consider interest expense, other than line of credit, bond and debenture interest expense, to be a non-operating expense. Interest expense increased primarily as a result of increased debt to commercial banks, which was incurred primarily to capitalize our operating subsidiaries and to fund the over-collateralizatio...
52
10K
1711
529
Asset Hedging -To meet the various policyholder obligations and to provide cost-effective prudent investment risk diversification, the Company may combine two or more financial instruments to achieve the investment characteristics of a fixed maturity security or that match an associated liability. The use of derivative...
103
10K
1251
451
Real estate - Investment real estate at cost less allowance for depreciation and, as appropriate, provisions for possible losses. At year-end 1999, the Company wrote down a parcel of real estate $178,000 it determined to attempt to sell during 2000. The write down was the result of Management's determination of the amo...
91
10K
1908
646
These derivatives are described more fully in Note 1 of the notes to the consolidated financial statements under the captions “Investments-Fixed Maturities and Equity Securities,” “Reinsurance Recoverable” and “Future Policy Benefits.”
31
10K
2589
1,307
The aggregate maturities of long-term debt for the Company are $1,468 million in 2005, $662 million in 2006, $36 million in 2007, $44 million in 2008, $58 million in 2009 and $5,144 million thereafter.
34
10K
2619
1,095
Each share of Class B common stock has dividend and distribution rights equal to one-thirtieth (1/30) of such rights of a Class A share. Accordingly, on an equivalent Class A common stock basis there are 1,538,756 shares outstanding as of December 31, 2004 and 1,536,630 shares as of December 31, 2003.
51
10K
AegonNV-AR_2005
233
What is AEGON’s dividend policy and do you expect to continue to offer a cash and a stock alternative? AEGON recognizes the importance of offering its shareholders a dividend, which is consistent with the company’s cash flow and capital position. The total dividend for the full year is composed of an interim dividend, ...
189
annual_report
NatwestGroupPLC-AR_2008
1,684
Funding and liquidity The Group’s most significant multi-seller conduits have thus far continued to fund the vast majority of their assets solely through ABCP issuance. There were significant disruptions to the liquidity of the financial markets during the year following the bankruptcy filing of Lehman Brothers in Sept...
104
annual_report
DirectLineInsuranceGroupPLC-AR_2012
1,060
In addition, all 10 have experience of working in the financial services sector.
13
annual_report
de_allianz-AR_2010
1,758
Due to our insurance business model, interest rate risk is highly relevant for the Property-Casualty and Life/Health segments, bearing in mind that our life insurance entities typically offer long-term asset accumulation and savings products. Some local asset markets are not sufficiently deep and liquid to adequately m...
182
annual_report
4879
861
Premium income was lower in 2013 compared to 2012 due primarily to reinsurance agreements we entered into effective January 1, 2013 to cede an additional portion of our group life business. The reinsurance agreements significantly decreased premium income and benefit payments for group life during 2013 and also reduced...
94
10K
5958
2,511
Reserve for life-contingent contract benefits as of December 31 $ 2,755 $ 2,736 $ 2,677
15
10K
AvivaPLC-AR_2019
361
This year also marks the end of our previous five-year Corporate Responsibility (CR) strategy. We are proud to have met or beaten a number of our ambitious targets over this period, including reducing our CO₂e emissions by 66% since 2010 (target: 50% reduction), supporting 4.8 million beneficiaries through our CR progr...
68
annual_report
3222
654
We evaluate our operations by monitoring key measures of growth and profitability. We measure our growth by examining our gross premiums written. We measure our operating results by examining our net income, return on equity, and our loss, expense, dividend and combined ratios. The following provides further explanatio...
59
10K
4244
1,684
As of December 31, 2010, the maximum number of new shares of common stock that were available for grant under the 2010 Stock Incentive Plan and the 2005 Directors Stock Plan was 12.1 million.
34
10K
2894
1,154
Interest cost on funds withheld and other deposits is credited during all periods in which a funds withheld liability exists. Pretax interest cost, which is included in net investment income, was $166 million, $261 million and $335 million in 2005, 2004 and 2003. The amount subject to interest crediting rates on such c...
178
10K
4521
1,466
To determine the recovery value for a structured security, including residential mortgage-, commercial mortgage- and other asset-backed securities, the Company performs an analysis related to the underlying issuer including, but not limited to, the following:
35
10K
728
490
Actual universal life and investment annuity deposits collected for the years ended December 31, 1997, 1996, and 1995 are detailed below. Deposits collected on these non-traditional products are not reflected as revenues in the Company's statements of earnings, as they are recorded directly to policyholder liabilities ...
55
10K
4198
834
When a fixed maturity security has a decline in value, where fair value is below amortized cost, an other than temporarily impaired (OTTI) write-down is triggered in circumstances where (1) the Company has the intent to sell the security, (2) it is more-likely-than-not that the Company will be required to sell the secu...
194
10K
3223
1,121
Estimates for our insurance operations related to Hurricanes Katrina, Rita and Wilma and other catastrophic events that occurred in the second half of 2005 are based on currently available information derived from modeling techniques, industry assessments of exposure, claims information obtained from its clients and br...
165
10K
NNGroupNV-AR_2013
2,595
 Regulatory Capital framework – Insurance and Investment Management legal entities have to comply with local statutory capital frameworks that are under supervision of local regulators. Most of these frameworks for insurance businesses in Europe are based on Solvency I principles and are expected to migrate to Solvenc...
52
annual_report
HannoverRueckSE-AR_2018
288
The financial year just ended was once again dominated by major losses that exceeded market expectations. While 2017 went down as the year with the heaviest burden of large losses in Hannover Re’s history, the strains incurred on a net basis in the 2018 financial year came in only slightly higher than our large loss bu...
133
annual_report
SwissReAG-AR_2020
3,984
Less than 12 months 12 months or more Total 2019 Unrealised Unrealised Unrealised USD millions Fair value losses Fair value losses Fair value losses
24
annual_report
2401
152
Benefit margin decreased 9.0% in 2004 compared to 2003. This decline was primarily the result of the disposal of substantially all of our direct response distribution business and unfavorable mortality experience on life-contingent immediate annuities, partially offset by an improved benefit margin on life insurance pr...
60
10K
AvivaPLC-AR_2006
1,807
The largest fair value adjustments above relate to the recognition of a value for the in-force business on insurance and investment contracts acquired by the Group (the AVIF) and to a reduction in Other assets. The AVIF adjustment of £1,387 million represents the excess of the value of the acquired in-force life insura...
149
annual_report