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5920
2,154
We have three reportable segments of business that are each managed, operated and separately reported: (i) Non-life Run-off; (ii) Atrium; and (iii) StarStone. Our other activities, which do not qualify as a reportable segment, include our corporate expenses, debt servicing costs, holding company income and expenses, fo...
63
10K
1817
461
Total revenue in 2001 increased 64.5% to $136.0 million from $82.7 million in 2000. The increase in total revenues in 2001 is primarily the result of our strength in our title and ancillary services, which were positively impacted by favorable market conditions, especially the favorable real estate market caused in par...
105
10K
2677
704
- Commencing on July 9, 2004, PFTC, as well as Cardinal Health and a number of other Cardinal-related fiduciaries, were named as defendants in a litigation pending in the United States District Court for the Southern District of Ohio relating to the allegedly imprudent investment of retirement plan assets in Cardinal s...
119
10K
4278
2,437
The expense ratio increased due largely to an $8 increase in legal settlement costs in 2010 and higher amortization of acquisition costs on AARP business, partially offset by lower direct marketing spend for consumer direct business. Also contributing to the increase in the expense ratio was a $7 reduction of TWIA hurr...
71
10K
TopdanmarkAS-AR_2020
767
Note 32. Staff costs - continued Share options Topdanmark's share option scheme comprises the Executive Board and senior executives. The strike price has been fixed at 110% of the market price on the last trading date in the prior financial year (average of all trades). The options may be exercised 3-5 years subsequent...
64
annual_report
4209
769
Indenture, dated as of April 22, 2003, between Ambac and The Bank of New York Mellon (as successor trustee to JP Morgan Chase Bank), as trustee, with respect to $400,000 principal and accrued and unpaid interest on outstanding debt securities in the form of 5.95% debentures due December 5, 2035;
50
10K
4475
1,238
In November 2011, Chubb repaid $400 million of outstanding 6% notes upon maturity.
13
10K
HiscoxLtd-AR_2019
613
Relevant skills and experience s Considerable experience of leading a global business.
12
annual_report
AvivaPLC-AR_2008
2,509
This note gives further detail on the items appearing in the first section of the consolidated income statement.
18
annual_report
LloydsBankingGroupPLC-AR_2014
1,178
Skills and experience: Extensive experience in both retail and commercial banking built over a period of more than 25 years, working both internationally and in the UK. In 1993 he joined Grupo Santander having previously worked for Goldman Sachs and for Citibank, and held various senior management positions before beco...
120
annual_report
2826
1,220
Results of the segment’s individual annuity business for 2004 included adjusted operating income of $242 million from the operations of American Skandia, compared to $167 million in 2003, which included the results of these operations for only the last eight months of the year. Adjusted operating income of $242 million...
149
10K
2940
2,680
Net realized capital gains were $56.7 million in 2004, reflecting realized capital gains on the Company’s investments of $107.4 million, including $77.6 million on the sale of interest only strip investments. This was partially offset by $50.7 million of realized capital losses, which included $43.9 million related to ...
149
10K
2845
774
For a period of three years after the Conversion (which took place on December 15, 2003), Mercer Insurance Company may not declare or pay any dividend to Mercer Insurance Group without the approval of the Pennsylvania Insurance Department. After this three-year period, Mercer Insurance Company will be limited by the in...
178
10K
4430
827
The decreases in gross premiums written and ceded premiums written in 2011 compared to 2010 are largely due to a decrease in premiums assumed from a subsidiary of AIG that, by prearrangement with TRH, were then ceded in an equal amount to other subsidiaries of AIG. In the fourth quarter of 2011, TRH terminated such agr...
66
10K
5339
1,547
The Company establishes liabilities for guaranteed minimum death benefits ("GMDB") on its VA products. The methods used to estimate the liabilities employ assumptions about mortality and the performance of equity markets. The Company assumes age-based mortality from the National Association of Insurance Commissioners 1...
142
10K
de_allianz-AR_2003
2,494
L I A B I L I T I E S A N D E Q U I T Y
20
annual_report
3734
7,763
Credit default swaps are used to replicate fixed income securities and to complement the cash market when credit exposure to certain issuers is not available or when the derivative alternative is less expensive than the cash market alternative. The credit default swaps typically have five year term for which we receive...
152
10K
2141
256
AIB markets health and life insurance in California through non-affiliated insurance companies for individuals and groups. In January 2003, NIB assigned all its contracts and commissions to AIB, and NIB is now inactive.
33
10K
RaiffeisenBankInternationalAG-AR_2020
6,456
UNIQA Insurance Group AG, Vienna (AT) 309,000,000 EUR 10.9% VV 1 Company type: BA Bank, BR Company rendering banking-related ancillary services, FH Financial holding, FI Financial institution, OT Other companies, VV Insurance,
32
annual_report
Sampoplc-AR_2007
2,224
114 sampo group annual report 2007 | IFRS Financial Statements: Other Notes
12
annual_report
NatixisSA-AR_2013
5,632
Net amount recognized in balance sheet 175 164 47 100 485 236 195 50 89 569
16
annual_report
ASRNederlandNV-AR_2019
2,982
The profit is almost entirely earned and taxable in the Netherlands.
11
annual_report
2909
7,238
The Company participates in programs to sell securities under agreements to repurchase, primarily including a mortgage dollar roll program, and programs to purchase securities under agreements to resell. At December 31, 2005 and 2004, the Company had $444 million and $1.39 billion, respectively, of securities that were...
138
10K
4311
1,191
The decrease in Montpelier Syndicate 5151’s incentive compensation expenses recognized during 2010 versus 2009 reflects the reduction in our consolidated underwriting income experienced from year to year.
27
10K
fr_axa-AR_2019
3,554
AXA implemented a shareholding policy applicable to the main senior executives of the Group. This policy imposes that each executive hold, during the entire duration of his/her functions, a minimum number of AXA shares (the “Minimum Shareholding
37
annual_report
SwissReAG-AR_2019
4,931
terrorist attacks, cyberattacks, natural catastrophes, public health emergencies, hostilities or other events;
12
annual_report
RSAInsuranceGroupPLC-AR_2012
1,627
Pension Plan (a defined contribution plan) on a non-contributory basis when joining the Company. RSA closed its UK final salary pension scheme to new entrants on 1 April 2002 and current members of this scheme accrue benefits against pensionable earnings capped at £75,000, with Stakeholder Pension Plan membership being...
70
annual_report
TrygAS-AR_2012
379
The gross claims ratio amounted to 74.7 (80.4), and the claims ratio, net of ceded business, which includes the profit/loss from reinsurance, was 75.4 (78.4). The improved claims ratio is attributable to a significantly lower level of both weather claims and large claims as well as the effect of profitability measures....
86
annual_report
3878
3,701
Prices for the individual securities held by a CDO are obtained in most cases from the CDO collateral managers, to the extent available. For the year ended December 31, 2008, CDO collateral managers provided market prices for 61.2 percent of the underlying securities. When a price for an individual security is not prov...
141
10K
2722
1,441
Our financial results for the year ended December 31, 2005 includes in revenue and net earnings a $318.2 million gain on sale relating to the issuance of subsidiary stock, approximately $100.0 million in additional income tax expense relating to the distribution to our shareholders of a 17.5% interest of FNT and additi...
75
10K
2740
514
The Company regularly analyzes the results of its asset/liability matching through cash flow analysis and duration matching under multiple interest rate scenarios. These analyses enable the Company to measure the potential gain or loss in fair value of its interest-rate sensitive financial instruments due to hypothetic...
173
10K
AegonNV-AR_2015
5,803
and expenses. In general, Aegon is at risk if policy lapses increase, as sometimes Aegon is unable to fully recover up-front sales expenses despite the presence of commission recoveries or surrender charges and fees. In addition, some policies have embedded options which at times are more valuable to the client if they...
65
annual_report
3399
628
Operating revenue in the Lender Services segment decreased by $15.7 million, or 5.8 percent, in 2006 compared to 2005. Acquired companies contributed approximately $18.3 million to operating revenue for 2006. Results for 2005 included accelerated deferred revenue related to our tax and flood business of $33.8 million. ...
111
10K
2333
548
See Item 15 for Index to Consolidated Financial Statements, including the Notes to Consolidated Financial Statements and the Report of Independent Accountants, and Schedules on page 57 of this Form 10-K.
31
10K
HelvetiaHoldingAG-AR_2006
407
Total Value of new business in CHF million 21.7 19.9 Annual premium equivalent (APE) in CHF million 179.1 192.2 Value of new business (APE) in % 12.1% 10.4% Present value of new business premiums (PVNBP) in CHF million 1624.9 1751.3 Value of new business (PVNBP) in % 1.3% 1.1%
49
annual_report
5368
1,815
We believe it is reasonably possible that in 2018 due to the potential resolution of certain potential settlements and other administrative and statutory proceedings and limitations, up to approximately $25 million unrecognized tax benefits will be recognized. These tax benefits are mainly related to certain insurance ...
61
10K
3881
960
SFAS 159 requires companies to provide additional information that will help investors and other users of financial statements to more easily understand the effect of the company’s choice to use fair value on its earnings. It also requires entities to display the fair value of those assets and liabilities for which the...
73
10K
ch_zurich_insurance_group-AR_2010
3,711
Corporate Responsibility Zurich Financial Services Ltd, Switzerland Telephone: +41 (0)44 625 24 04 E-mail: corporate.responsibility@zurich.com
15
annual_report
NatwestGroupPLC-AR_2013
2,651
Other Tier 1 capital Preference shares - equity 4,313 — — 4,313 — — 4,313
15
annual_report
RSAInsuranceGroupPLC-AR_2011
1,232
• Transportation – Covering individuals and businesses responsible for carrying, handling or storing cargo
14
annual_report
CNPAssurancesSA-AR_2014
206
The “ANI” agreement providing for all employees to be covered by supplementary health insurance as from 1 January 2016 will reshape the insurance landscape, by taking more than 5 million employees of micro- enterprises and self-employed professionals out of individual health insurance and into group insurance plans. We...
55
annual_report
de_allianz-AR_2008
3,013
� 1.4 bn, reflecting the difference between the fair value of considerations agreed (� 7.8 bn) and the carrying value of
21
annual_report
GjensidigeForsikringASA-AR_2016
1,007
the event occurring and its consequences. Through the Group’s risk management and internal control framework, a structure has been established that systematically identifies, assesses, communicates and manages risk throughout the Group. The risk assessment process is coordinated with the Group’s strategy processes.
42
annual_report
LloydsBankingGroupPLC-AR_2010
4,069
For those Directors who are members of a defined benefit pension scheme, pension will continue to accrue until 5 April 2012, or the date of leaving if earlier. On 6 April 2012, defined benefit pension accrual will cease and Directors will be offered the option to participate in the defined contribution pension scheme i...
75
annual_report
StandardLifeAberdeenPLC-AR_2015
690
Forward-looking statements This document may contain ‘forwardlooking statements’ about certain of the Standard Life Group’s current plans, goals and expectations relating to future financial conditions, performance, results, strategy and objectives. Statements containing the words: ‘believes’, ‘intends’, ‘targets’, ‘es...
141
annual_report
HannoverRueckSE-AR_2009
2,715
Inc. The largest debt with a volume of EUR 75.0 million and a term until 1 December 2012 was taken up by the company on 25 November 2009.
28
annual_report
5617
1,335
Funding agreements are issued to FHLBs in exchange for cash. The FHLBs have been granted liens on certain assets, some of which are in their custody, including RMBS, to collateralize the Company’s obligations under the funding agreements. The Company is permitted to withdraw any portion of the collateral in the custody...
102
10K
3774
1,689
(1)The amount of the discount at December 31, 2007 for the gross and net case reserves was $14.5 million and $3.3 million, respectively. The table below presents certain assumptions inherent in the calculations of the case and non-specific reserves:
39
10K
Sampoplc-AR_2010
2,778
Financial Statements Notes to the Financial Statements 12 Other investment receivables
11
annual_report
HannoverRueckSE-AR_2019
3,647
Expense in the 2019 financial year (in EUR million) – – –
12
annual_report
3329
830
The option plans enable optionees to, alternatively, exercise their options that have vested through December 31, 2004, into Series “G” Convertible Preferred Stock. The exercise of options into such Preferred Stock reduces by 5% the number of equivalent common shares which would otherwise be obtained from the exercise ...
53
10K
1612
872
SMC's reinsurance program is subject to the financial failure of the reinsurer and to market conditions which affect the amount and cost of reinsurance. If a large number of SMC's reinsurers fail or market conditions make it more difficult to reinsure profitably, SMC financial results could suffer. SMC is able to assum...
153
10K
AvivaPLC-AR_2011
1,451
Aviva Investors Aviva Investors, the Group’s core asset management company, considers good governance to play an important role in protecting and enhancing shareholder value. In keeping with the Group’s values, Aviva Investors looks to act as a responsible investor, monitors the governance of the companies in which it ...
158
annual_report
PowszechnyZakladUbezpieczenSA-AR_2020
2,797
Company’s organizational structures and investment management entities, - setting limitations for the decisions made by the Management Board Member overseeing the Investment
22
annual_report
nl_ing_grp-AR_2016
3,254
Continuing operations - average number of employees at full time equivalent basis 13,660 14,586 15,209 38,283 38,134 40,736 51,943 52,720 55,945
21
annual_report
HelvetiaHoldingAG-AR_2014
1,966
Cash and cash equivalents as of 1 January 1 708.1 1 565.2
12
annual_report
fr_axa-AR_2009
1,350
DAC amortization following the fi nancial market recovery in 2009), Australia/New Zealand (€-39 million driven by lower premiums in 2009 combined with a lower level of assets under management) and the United States (€-24 million), partly offset by Germany (€+78 million due to higher loadings on general account premiums...
55
annual_report
5529
995
Delivering on our strategy for continued disciplined growth, which will be driven by the addition of new agents, greater share of wallet in our agents’ offices, and geographic expansion. Our longer-term Standard Commercial Lines target is to attain a 3% market share in the states in which we operate, by appointing part...
87
10K
StandardLifeAberdeenPLC-AR_2017
632
Aberdeen Standard Investments 551 643 Standard Life Pensions and Savings 332 267 India and China life 10 8 Other (52) (25) Adjusted cash generation 841 893
26
annual_report
gb_lloyds_banking_grp-AR_2016
1,340
Effectiveness The Committee oversaw the annual evaluations of the performance of the Board and its Committees. In January 2016, the Committee reviewed the findings of the 2015 Board Effectiveness Review and recommended actions to the Board to address the areas identified for improvement. Progress against the plan was r...
109
annual_report
3564
870
The provision for income tax expense increased $3.8 million, or 51.8%, to $11.2 million for the year ended December 31, 2007, compared to $7.4 million for the year ended December 31, 2006. The effective rate for income tax expense is 34.5% for the year ended December 31, 2007, compared to 34.7% for the year ended Decem...
58
10K
DirectLineInsuranceGroupPLC-AR_2020
1,285
Richard was Chief Executive of Lloyd’s of London from 2006 to 2013. He was Non-Executive Chair of Brit Syndicates Limited and Executive Chair of Cunningham Lindsey from 2014 to 2018. He was a Non-Executive Director of Partnership Assurance Group plc, now part of Just Group plc, between 2013 and 2016. Before becoming Ch...
122
annual_report
4726
551
Under reasonably possible scenarios, it is conceivable that the Company’s selected loss reserve estimates could be 10%, or more, redundant or deficient. The majority of the Company’s reserves for losses and loss expenses, on either a gross or a net of reinsurance basis, relates to its fleet transportation products. Per...
172
10K
5672
1,561
Variable lease cost consist primarily of common area and other maintenance costs for our lease facilities, as well as variable lease payments related to indexed and/or market adjustments. Our sublease income derives primarily from a few office lease arrangements and we have no significant sublease losses.
46
10K
4370
2,010
AIG relies on credit facilities as potential sources of liquidity for general corporate purposes. Currently, AIG and ILFC maintain committed, revolving credit facilities, including a facility that provides for the issuance of letters of credit, summarized in the following table for general corporate purposes and for le...
132
10K
PhoenixGroupHoldingsPLC-AR_2010
1,966
Ernst & Young Accountants LLP have reported separately on the IFRS consolidated financial statements of Phoenix Group Holdings for the year ended 31 December 2010.
25
annual_report
3063
817
In our opinion, the 2006 consolidated financial statements listed in the accompanying index present fairly, in all material respects, the financial position of the Alfa Corporation and its subsidiaries at December 31, 2006, and the results of their operations and their cash flows for the year ended December 31, 2006 in...
231
10K
TopdanmarkAS-AR_2017
803
NonQuoted Observable observable 2016 prices inputs inputs Financial assets recorded at fair value Level 1 Level 2 Level 3 Total Held for trading: Loans guaranteed by mortgages and other loans 7 7
32
annual_report
de_allianz-AR_2017
1,091
4_The purpose of the Life/Health operating profit sources analysis is to explain movements in IFRS results by analyzing underlying drivers of performance on a Life/Health business segment consolidated basis.
29
annual_report
SwissReAG-AR_2006
985
d2. Compliance Compliance at Swiss Re means the upholding of legal, regulatory and ethical standards by all staff and all legal entities throughout the Group. The Compliance function accordingly provides and maintains compliance-related policies, procedures, training and monitoring regimes designed to ensure that estab...
297
annual_report
4722
2,075
At December 31, 2013, no such hedges or hedging strategies were in force or had been entered into. We measure monetary assets and liabilities denominated in foreign currencies at year end exchange rates, with the resulting foreign exchange gains and losses recognized in the Consolidated Statements of Income. Revenues a...
79
10K
5513
6,900
While MGIC currently meets the State Capital Requirements of Wisconsin and all other jurisdictions, it could be prevented from writing new business in the future in all jurisdictions if it fails to meet the State Capital Requirements of Wisconsin, or it could be prevented from writing new business in a particular juris...
102
10K
3999
467
Short-term investments, that generally include U.S. Treasury bills, corporate notes, money market funds and investment grade commercial paper equivalents, are carried at amortized cost, which approximates fair value.
28
10K
NatixisSA-AR_2017
9,952
Resolution twenty (Delegation of authority to the Board of Directors to make the necessary amendments to the bylaws to ensure that they comply with legislative and regulatory provisions)
28
annual_report
NatixisSA-AR_2002
1,091
At a more operational level and with greater frequency, Risk Management committees were set up by the principal divisions. They bring together operating managers, the Risk Management division and Internal Audit.These committees include: ■ the credit committee of the Corporate and International Banking division and its ...
106
annual_report
2456
1,949
(a) First Amendment to the Anthem 2001-2003 Long-Term Incentive Plan, dated April 25, 2002, incorporated by reference to Exhibit 10.18(i) to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2002.
35
10K
ch_zurich_insurance_group-AR_2011
3,271
Additionally, impairments on investments in subsidiaries amount to CHF 256 million in 2011 and CHF 80 million in 2010, respectively.
20
annual_report
3410
1,057
We manage and report our business as a single segment based upon several factors. Although our insurance subsidiary, Proformance Insurance Company writes private passenger automobile, homeowners and commercial lines insurance, we consider those operating segments as one operating segment due to the fact that the nature...
182
10K
TrygAS-AR_2011
252
The Finnish part of Private Nordic is approaching profitability, but is still not at a satisfactory level. Growth in Finland in 2011 was 5.6%.
24
annual_report
StorebrandASA-AR_2000
92
Environmental policy During the course of 2000 Storebrand expanded its environmental focus into a broader commitment to Corporate Social Responsibility (CSR). Storebrand’s commitment to CSR is based on a long-term commercial strategy. A group-wide policy for CSR has been established, with a 10-point action plan for the...
121
annual_report
PowszechnyZakladUbezpieczenSA-AR_2014
2,440
Supervisory Board; • concluding, terminating and amending the agreements with members of the Management Board and setting the terms and conditions of remuneration and the amount of remuneration; • appointing, suspending and dismissing the President of the
37
annual_report
RSAInsuranceGroupPLC-AR_2006
571
Recognising that base salaries are now generally competitive, as in 2006, increases in 2007 are expected to be broadly in line with movements in boardroom pay.
26
annual_report
1530
405
CII issued convertible subordinated debentures (the "Debentures") due September 15, 2001. Each $1,000 in principal is convertible into 25.382 shares of the Company's common stock at a conversion price of $39.398 per share. The Debentures were not included in the computation of EPS because their effect would be anti-dil...
68
10K
AvivaPLC-AR_2010
4,129
United Kingdom 289 629 490 288 369 2,065 2,065 Aviva Europe 1,613 1,149 656 350 342 4,110 3,271 Delta Lloyd 54 149 177 151 (234) 297 125 Europe 1,667 1,298 833 501 108 4,407 3,396 North America (238) (251) 28 13 54 (394) (394) Asia Pacific 102 72 29 18 26 247 241
53
annual_report
ScorSE-AR_2008
2,349
The authorised share capital of the Company at 31 December 2008 was 184,246,437 shares with a nominal value of EUR 7.8769723 each compared with authorised share capital of 182,726,994 shares of the same nominal value at the end of 2007.
40
annual_report
814
177
The Company's Crop division was a significant contributor to the underwriting earnings of the Company in both 1996 and 1997. During 1996, the division contributed $41.5 million to the Company's underwriting earnings as compared to $36.9 million during 1997. During 1997, the Company earned a profit share of 31.5% on its...
83
10K
INGGroepNV-AR_2015
6,575
Changes in the composition of the group and other changes –196 –196
12
annual_report
Sampoplc-AR_2011
3,269
Finland. The information in the report of the Board of Directors is consistent with the information in the financial statements.
20
annual_report
4811
2,510
The Company enters into purchased credit default swaps to hedge against credit-related changes in the value of its investments. In a credit default swap transaction, the Company agrees with another party to pay, at specified intervals, a premium to hedge credit risk. If a credit event occurs, as defined by the contract...
165
10K
5286
1,003
Beyond expanding the size and capabilities of our traditional sales force, we remain encouraged about establishing and developing relationships with insurance brokers that typically handle the larger-case market. Broker sales to groups with 1,000 or more employees experienced double-digit percentage growth in 2016.
43
10K
AssicurazioniGeneraliSpA-AR_2014
3,995
GID-Fonds AVAOT III 094 EUR 30,981,237 G 11 100.00 AdvoCard Rechtsschutzversicherung Aktiengesellschaft 100.00 100.00
14
annual_report
HiscoxLtd-AR_2011
254
The Group is working with the Financial Services Authority (FSA) towards approval of our internal model for our FSA regulated entities. This work is progressing as planned.
27
annual_report
4970
2,288
Combined ratio for the three months ended December 31, 2014 was 96.8% compared to 86.8% for the three months ended December 31, 2013.
23
10K
5147
1,358
the valuation service providers include, but are not limited to, market prices from recently completed transactions and transactions of comparable securities, interest rate yield curves, credit spreads, liquidity spreads, currency rates, and other information, as applicable. Credit and liquidity spreads are typically i...
192
10K
StandardLifeAberdeenPLC-AR_2016
1,171
The Chairman’s statement and the Strategic report in the Annual report and accounts aim to provide a balanced overall assessment of the Group’s activities, performance and prospects. This information will be supported by a presentation at the 2017 AGM. Shareholders will be invited to ask questions during the meeting an...
87
annual_report
HannoverRueckSE-AR_2013
1,179
Declaration on Corporate Governance Declaration of the Executive Board regarding the Corporate Governance of the Company as defined by § 289a Para. 1 Commercial Code (HGB): German Corporate Governance Code
30
annual_report
5906
2,682
For our commercial mortgage loans, there were four specifically identified impaired loans with an aggregate carrying value of $1 million as of December 31, 2020. There was one specifically identified impaired loan with a carrying value of less than $1 million as of December 31, 2019.
46
10K
AssicurazioniGeneraliSpA-AR_2015
259
Tornado in Riviera del Brenta (Italy) ❚ Task force with in-house experts for rapid assessment of damage ❚ Activation of the assistance structures to quickly gather the claim notifications ❚ Rapid intervention to repair the damage ❚ Preferential channel to settle claims ❚ Advances on claim settlement amounts ❚ Single vi...
62
annual_report
ASRNederlandNV-AR_2014
436
Women in senior management (pay scale 13 and above) 24 (29%) 25 (25%) Women on the Executive Board 1 (25%) 1 (25%) Women on the Supervisory Board 2 (50%) 2 (50%)
31
annual_report
279
244
The Company's cash flow projections for 1996 assume that certain events will take place in order to have sufficient cash to meet its debt service and other requirements. These events include the liquidation of AICL. The liquidation was in fact concluded in the first quarter of 1996. The Company will monitor its current...
112
10K