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BaloiseHoldingLtd-AR_2007
205
Bâloise-Holding share registered SWX SP Insurance Price Index (SMINNX) Swiss Market Index 13SHAREHOLDER INFORMATION BALOISE SHARE
16
annual_report
2948
720
The following table presents the VaR on a combined basis and of each component of market risk for 2005 and 2004. VaR with respect to combined operations cannot be derived by aggregating the individual risk amounts presented herein.
38
10K
5168
961
(1) Computed as the change in FCBVPS plus dividends declared on Common Shares and RSUs of $1.56 per share during 2015.
21
10K
5933
1,008
The Company performs a quarterly impairment analysis of its investments in private companies. As a result of the analysis performed, the Company recorded impairments related to investments in private companies of $0.7 million and $0.2 million for the years ended December 31, 2020 and December 31, 2019, respectively, wh...
90
10K
4551
787
Our International and Global segments earn a significant portion of their revenues in currencies other than the US dollar, including the Euro and Pound sterling. For 2012, our International segment's reported revenues were adversely impacted by the net effects of foreign currency translation.
43
10K
5900
1,614
As of December 31, 2019, we had $250.0 million notional amount of an interest rate swap which effectively converted certain of our unsecured senior notes into floating rate debt. Under this agreement, we received a fixed rate of interest and paid a variable rate of interest, based off of three-month LIBOR. During 2020,...
84
10K
1225
526
Gross premiums written in 1999 increased 6.6% to $139.0 million from $130.4 million in 1998. Net premiums written grew 2.9% to $133.0 million in 1999 from $129.3 million in 1998. The 80.3% growth in the direct financial guaranty premium and the 31.4% growth in the assumed trade credit premium offset the 23.5% decrease ...
88
10K
TrygAS-AR_2006
1,752
Share equity met- retained proposed dKKm capital hod capital earnings dividends total
12
annual_report
3763
1,926
Income (loss) from operations before provision for income tax consisted of:
11
10K
SwissLifeHoldingAG-AR_2012
2,003
Hedging gains/losses arising during the period 9 3 – 408 – 408 412 revaluation surplus on investment property 17 – – – 62 62 62 share of other comprehensive income of associates 16 – – – 0 0 0
39
annual_report
AvivaPLC-AR_2011
1,438
Control activities The Group has a set of formal risk management and internal control policies that facilitate a consistent approach to the management of all the risks across all the businesses and locations in which the Group operates. These risk policies define the Group’s appetite for different risk types and set ou...
534
annual_report
4735
1,061
historical patterns of the development of paid and reported losses, this may be reflected, for example, in the selection of revised loss development factors. In those long tail classes of business that comprise a majority of our loss reserves and for which loss experience is less predictable due to potential changes in...
79
10K
90
189
(c) The fair values of U.S. Treasury securities, bonds and stocks represent quoted market values from published sources.
18
10K
2814
1,160
Ineffective processes and controls to ensure timely collection efforts on past due outstanding accounts receivable;
15
10K
3705
523
Deferred compensation expense decreased in 2008 primarily due to a decline in market value of the deferred compensation liabilities.
19
10K
nl_ing_grp-AR_2019
1,681
Other relevant ancillary positions Member of the Management Board of the Nederlandse Vereniging van Banken (NVB), member of the Board of Directors of the Institute of International Finance, Inc., non-executive member of the board Concertgebouw Orkest and member of UNICEF’s Global Board of the Young People’s Agenda.
47
annual_report
SwissLifeHoldingAG-AR_2016
1,362
The table below shows the development of Group MCEV split by components from 31 December 2015 to 31 December 2016.
20
annual_report
4706
688
Consolidated revenue for 2012 increased 3% to $11.9 billion compared with $11.5 billion in 2011, reflecting a 4% increase in underlying revenue, a 1% increase due to acquisitions and a 2% negative impact of foreign currency translation. Revenue in the Risk and Insurance Services segment increased 4% in 2012 compared wi...
116
10K
AegonNV-AR_2018
7,255
Aegon also makes investments in digital distribution platforms in the Asia region to expand distribution capabilities.
16
annual_report
4333
803
Our ability to receive dividends from KICO is restricted by the state laws and insurance regulations of New York. These restrictions are related to surplus and net investment income. Dividends are restricted to the lesser of 10% of surplus or 100% of investment income (on a statutory accounting basis) for the trailing ...
84
10K
5505
1,598
2017 QSR Transaction. Effective January 1, 2017, this transaction provides coverage on new business written from the effective date through December 29, 2017 that meets certain eligibility requirements. The agreement cedes losses incurred and premiums on or after the effective date through December 31, 2028 at which ti...
104
10K
ASRNederlandNV-AR_2019
843
Market The health insurance market is a highly regulated market. All Dutch residents are obliged to have basic health insurance coverage. Basic coverage has limited variations across all insurers, since it is a statutory requirement. Although supplementary insurance coverage is not obligated, 84%¹ of the market chose a...
101
annual_report
ch_zurich_insurance_group-AR_2013
3,726
Zurich Insurance Group Ltd shares are listed on the SIX Swiss Exchange and traded on the SIX Swiss Exchange Blue Chip Segment; ticker symbol: ZURN; the Swiss security number (Valorennummer) is 1107539. Trading in Zurich Insurance Group Ltd shares on the Blue Chip Segment is conducted in Swiss francs.
49
annual_report
5127
471
Underwriting and other expenses for 2015 increased when compared to 2014. The increase is due to a return of ceding commissions to reinsurers as a result of commuting our 2013 QSR Transaction and an increase in employee costs.
38
10K
3348
1,129
The carrying values of the Company’s financial instruments, including cash equivalents, trading investments, accounts receivable, accounts payable, accrued liabilities and notes payable approximate their market values based on their relatively short-term nature or comparable market information available at the respecti...
43
10K
3034
761
Circumstances may arise where providers to whom we have delegated risk, due to insolvency or other circumstances, are unable to pay claims they have incurred with third parties in connection with referral services provided to our members. The inability of delegated providers to pay referral claims presents us with both...
102
10K
NatixisSA-AR_2016
618
(more than 200). meeting. The meeting agenda was based on these responses
12
annual_report
StorebrandASA-AR_2006
1,882
Period to next interest rate fixing for financial assets NOK million
11
annual_report
NatwestGroupPLC-AR_2008
1,708
The Group’s exposure from the conduit shared with the other consortium members is set out below: £m £m
18
annual_report
757
643
The information required by the following Items will be included in AFC's definitive Proxy Statement for the 1998 Annual Meeting of Shareholders which will be filed with the Securities and Exchange Commission within 120 days after the end of Registrant's fiscal year and is incorporated herein by reference.
48
10K
4744
329
The Company assesses whether declines in the fair value of its fixed maturity investments classified as available-for-sale represent impairments that are other-than-temporary by reviewing each fixed maturity investment that is impaired and (1) determining if the Company has the intent to sell the fixed maturity investm...
111
10K
BaloiseHoldingLtd-AR_2011
1,455
123Financial Report Notes to the Consolidated Annual Financial Statements 5.5.3 sensitivities In connection with sensitivities, the effect of changes in the assumptions on the annual result and on the equity was determined after considering shadow accounting, latency calculation, and deferred tax assets and liabilities...
99
annual_report
NatixisSA-AR_2020
9,732
Monitoring of Natixis’ subsidiaries and branches in non-cooperative countries forms an integral part of Natixis’ risk monitoring process overseen by the Risk function. This process involves: local Risk Officers/functions that have a functional link to theV central Risk division; specific reporting procedures that respe...
53
annual_report
438
147
Fixed maturities includes bonds, notes and certificates of deposit maturing after one year. Management determines the appropriate classification of bonds and notes at the time of purchase and reevaluates such designation as of each balance sheet date. These securities are classified as held-to-maturity when the Company...
151
10K
NatixisSA-AR_2014
10,048
V Parent company results for the last fi ve years 363
11
annual_report
fr_axa-AR_2008
962
Underlying operating earnings before tax 167 107 87 income tax expenses / benefits (30) (17) (22)
16
annual_report
2450
476
In 2004, casualty lines comprised 72% of TRH's net premiums written, while property lines totaled 28%. Treaty reinsurance totaled 96% of net premiums written, with the balance representing facultative accounts. Moreover, reinsurance assumed by international offices represented 51% of net premiums written in 2004.
44
10K
218
258
CONSOLIDATED BALANCE SHEETS DECEMBER 31, 1995 AND 1994 (IN MILLIONS, EXCEPT SHARE DATA)
13
10K
gb_lloyds_banking_grp-AR_2006
1,691
Equities 9,677 9,021 Fixed interest gilts 1,114 946 Index linked gilts 921 920 Non-government bonds 1,543 1,415 Property 1,333 1,185 Cash 691 539
23
annual_report
INGGroepNV-AR_2016
6,743
Common Equity Tier 1 ratio 14.15% 14.17% 14.18% 12.94% 12.87% 12.70% Tier 1 ratio 16.34% 16.50% 16.63% 14.45% 14.56% 14.75% Total capital ratio 19.33% 19.52% 19.68% 16.92% 17.10% 17.45% 1 Intangibles: mainly capitalised software. 2 In CRR/CRD IV the provision shortfall is deducted fully from Common Equity Tier 1. Durin...
107
annual_report
ASRNederlandNV-AR_2016
2,796
In March 2016, Stichting Administratiekantoor beheer financiële instellingen (NLFI) in its capacity as the sole shareholder issued a resolution that the company’s articles of association will be amended to, inter alia, split the ordinary shares in the company’s capital, into a higher number of ordinary shares, without ...
94
annual_report
2244
1,424
A reconciliation of capital and surplus, and net loss as reported on a statutory basis by the Company’s Insurance Subsidiaries to the Company’s consolidated GAAP stockholders’ equity and net loss is as follows:
33
10K
CNPAssurancesSA-AR_2000
1,263
1.6 – Operations in Argentina The CNP Assurances Group operates in Argentina through a local subsidiary, CNP Seguros de Vida. It also has interests in Provincia Seguros de Vida, Prévisol Seguros de Vida, Prévisol AFPJ and Prévisol Seguros de Retiro which are accounted for by the equity method.
48
annual_report
CNPAssurancesSA-AR_2011
439
16.8% in 2010), and to a record high of almost 35% in net new money terms.
16
annual_report
1287
407
Investing activities in 1999 consisted of the purchases of furniture, fixtures and equipment. The purchase of furniture, fixtures and equipment used cash of $15,000 compared to $78,000 used in 1998. This decrease in investing activities corresponds with the aforementioned revenue reduction and required cash conservatio...
60
10K
RaiffeisenBankInternationalAG-AR_2009
2,444
The following table shows the credit exposure per rating class for financial institutions (including off-balance sheet exposure but excluding central banks) in thousands of euros: In comparison to year end 2008, loans and advances to and securities issued by financial institutions increased significantly by 22 per cent...
157
annual_report
StorebrandASA-AR_2003
184
Storebrand ASA had total liquid assets of NOK 0.9 billion at the close of 2003, and also has available an undrawn long-term credit facility of EUR 225 million. During the course of 2003 the company repaid a bond loan of NOK 1 billion. The company reduced its overall borrowing from NOK 3.7 billion to NOK 2.8 billion ove...
62
annual_report
NatwestGroupPLC-AR_2012
4,206
Regulatory Reviews and Investigations Regulatory risk featured highly on the agenda of the Board Risk Committee and during 2012 the Committee assumed responsibility for considering certain key areas of risk in a deeper level of granularity. Most significantly, as highlighted above, the Committee played a central role i...
133
annual_report
2528
835
The investment policy for the defined benefit plan is to invest in highly rated, lower risk securities that preserve the investment asset value of the Plan while seeking to maximize the return on those invested assets. The Plan assets as of December 31, 2004 and 2003 are invested principally in highly rated fixed incom...
108
10K
5257
1,208
Losses incurred as a percentage of premiums earned (referred to as the loss ratio) fluctuates based on the mix of business, and any favorable or adverse loss development on our larger contracts. The loss ratios for the years ended December 31, 2016, 2015 and 2014, were as follows:
48
10K
StandardLifeAberdeenPLC-AR_2006
5
• IFRS underlying profit before tax up 272% to £540m (2005: £145m).
12
annual_report
ch_zurich_insurance_group-AR_2013
1,407
Zurich is exposed to two main types of concentration risk in its Global Life business: • From a market risk perspective, interest rate guarantees in Germany and Switzerland expose Zurich to financial losses that may arise as a result of adverse movements in interest rates. The Group also wrote a small book of variable ...
89
annual_report
gb_prudential-AR_2015
4,574
Under the risk-based capital solvency requirement, the ratio of an insurer’s available capital to required capital is calculated and the analysis of equity capital used to determine capital adequacy must take into account market, credit, operational, insurance and interest rate risks. The scheme requires the ratio be c...
62
annual_report
NatixisSA-AR_2016
1,621
Directors and/or the Special Committees of which he is a topics on the agenda of the Board or the Special Committees. member, provide the information critical to useful action on the within the appropriate time, that the Chairman of the Board of Each director must become familiar with and must request, attending, where...
73
annual_report
NatwestGroupPLC-AR_2008
2,644
Included above are derivatives held for hedging purposes as follows: Assets Liabilities Assets Liabilities £m £m £m £m
18
annual_report
4203
426
Dental Care Plus, an Ohio-domiciled insurance company dually licensed as a life and health insurer and a specialty health insuring corporation, is able to underwrite dental indemnity, dental PPO, dental HMO, and vision benefit products as well as other life and health insurance products in Ohio. The required capital an...
72
10K
5928
1,666
The paid and incurred amounts were as follows for the years ended December 31, 2020, 2019 and 2018:
18
10K
2318
492
Certain shortcomings are inherent in the method of analysis presented in the computation of the fair value of fixed rate instruments. Actual values may differ from those projections presented should market conditions vary from assumptions used in the calculation of the fair value of individual securities, including non...
64
10K
5220
2,217
Reinsurance premiums ceded for the year ended December 31, 2016 were $175.7 million compared to $198.9 million for the year ended December 31, 2015, a decrease of $23.2 million, or 11.6%. The decrease was primarily due to a decrease in the property lines of $17.4 million as a result of lower quota share ceded premiums ...
111
10K
1947
456
Sources of liquidity available to the Company on a parent company-only basis, including the undistributed earnings of its subsidiaries, additional borrowings available under the Company's revolving credit facility and borrowings, if any, available pursuant to any debt obligations issued in the future, are expected to e...
87
10K
3418
1,138
U.S. Insurance Division - Losses and LAE increased $32.4 million, or 15.0%, to $247.9 million for the year ended December 31, 2007, from $215.5 million for the year ended December 31, 2006. This resulted in a loss and LAE ratio of 57.8% for the year ended December 31, 2007, compared to 55.8% for the year ended December...
112
10K
StandardLifeAberdeenPLC-AR_2019
1,194
3. Composition, succession and evaluation Board composition, balance and diversity The Board’s policy is to appoint and retain non-executive Directors who bring relevant expertise as well as a wide perspective to the Group and its decision-making framework. The Directors believe that at least half of the Board should b...
144
annual_report
1916
304
PICO owns 130,177 shares of Jungfraubahn, which represents approximately 22.3% of the Company. At December 31, 2002, the market (carrying) value of our holding was $24 million.
27
10K
AvivaPLC-AR_2011
4,777
US deferred annuities and all other contracts 1.09% 0.51% 0.49% 0.56% 0.64% 0.70% 0.55% 0.55% 1.13% 0.56%
17
annual_report
4114
360
Upon incorporation, we adopted ASC 740-10-55, formerly FASB Interpretation No. 48 “Accounting for Uncertainty in Income Taxes,” which prescribes a comprehensive model for the financial statement recognition, measurement, classification and disclosure of uncertain tax positions. The adoption and continued application di...
50
10K
INGGroepNV-AR_2008
2,759
Within Financial Markets the focus is mainly on the daily and intraday cash and collateral positions and it is policy to sufficiently spread day-to-day funding requirements. For this purpose the Treasury function monitors all maturing cash flows along with expected changes in core business funding requirements.
46
annual_report
fr_axa-AR_2012
5,285
An analysis of goodwill is presented in the table below: (I n Euro million) Transaction year
16
annual_report
HannoverRueckSE-AR_2003
548
The disposals resulted from the sale of the shares held by Hannover Rück Beteiligung VerwaltungsGmbH in E+S Rück to the Barmenia Group (see also section 6.1 "Transactions with related parties").
30
annual_report
4039
1,424
New accounting guidance related to noncontrolling interests was effective from January 1, 2009. The guidance established accounting and reporting standards for the noncontrolling interest in a subsidiary and for the retained interest and gain or loss when a subsidiary is deconsolidated. It clarified that a noncontrolli...
69
10K
NatwestGroupPLC-AR_2015
529
Total Scope 2 CO2e emissions (tonnes) 439,607 414,710 373,133 369,640 326,956 -26% -12%
13
annual_report
5729
1,586
The unvested balance at December 31, 2019 in the table above is comprised of 229,500 shares of 2014 Restricted Stock Awards and 500,000 shares of the 2018 Restricted Stock Award.
30
10K
NatwestGroupPLC-AR_2012
1,980
The Group has actively reduced short-term wholesale funding and has a lower wholesale funding need compared to earlier years. Progress has largely been due to the continued success in executing the Group’s restructuring efforts, as well as by attracting deposits and continuing to deleverage via the run down of Non-Core...
72
annual_report
HannoverRueckSE-AR_2006
103
Hannover Re share is listed – climbed 28.6% to reach 9,400 points for the first time.
16
annual_report
4702
1,723
The following table summarizes the amount of credit losses recognized in earnings on fixed maturity securities, available for sale, held at the beginning of the period, for which a portion of the other-than-temporary impairment was also recognized in accumulated other comprehensive income for the years ended December 3...
55
10K
AvivaPLC-AR_2015
4,251
Net assets at 31 December 2015 (166) 128 (33) 67 Net assets at 31 December 2014 (78) 210 (96) 91
20
annual_report
HelvetiaHoldingAG-AR_2013
2,318
– Counterparty risk from transactions with derivative financial instruments: 0.5 % of de­ rivatives are traded on an exchange, so no counterparty risk exists. 74.5 % of the in­ struments are hedged by cash collateral. Taking into account the cash collaterals, the risk exposure is reduced to 45.6 %. For the remaining 25...
92
annual_report
INGGroepNV-AR_2020
4,332
Instruments: Recognition and Measurement’, IFRS 16 ‘Leases’, IFRS 4 ‘Insurance Contracts’ and IFRS 7
14
annual_report
2152
649
the deep discount brands decreased 0.30 share points from 8.40% in the fourth quarter of 2002 to 8.10% in the fourth quarter of 2003, as estimated by MSAI. In 2003, deep discount price brands increased their market share by 0.64 share points to 8.32% as compared to 2002. Lorillard's focus on the premium market and its ...
74
10K
3648
2,332
In December 2007, the Holding Company, in connection with the collateral financing arrangement associated with MRC’s reinsurance of a portion of the liabilities associated with the closed block, committed to the South Carolina Department of Insurance to make capital contributions, if necessary, to MRC so that MRC may a...
136
10K
AegonNV-AR_2011
578
AEGON Canada uses a variety of distribution channels which promote, and process business of, independent financial advisors. These channels are: �� Independent managing general agencies.
25
annual_report
3584
2,481
The following table details the amount of amortized costs of our sub-prime and Alt-A holdings by rating and vintage held in our three securitization structures:
25
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2004
692
Life insurance: The future belongs to private provision Despite the reforms in Germany, life insurance remains an attractive way of making private provision for old age. The companies in the Munich Re Group offer security and profitability.
37
annual_report
4392
1,130
For the year ended December 31, 2009, the Company recognized net favorable development on prior accident year workers’ compensation insurance reserves of $3.7 million, representing 6.7% of the Company’s estimated workers’ compensation insurance reserves as of December 31, 2008 and 5.1% of the Company’s workers’ compens...
182
10K
NatixisSA-AR_2010
3,595
To this end, Natixis prepares tax business plans over rolling 5-year periods as from the last tax reporting period, and based on growth assumptions used in the medium term plans for the business lines (New Deal). These plans incorporate the following main assumptions: ● a like-for-like scope; ● the gradual disposal of ...
62
annual_report
PhoenixGroupHoldingsPLC-AR_2009
66
Pearl businesses The end of 2008 and early 2009 was a challenging period for all business sectors. But life insurers, including the Pearl businesses, were particularly impacted by widening corporate bond spreads and falling asset markets. As a result, although the underlying life companies had sufficient capital, the e...
86
annual_report
HannoverRueckSE-AR_2008
1,451
For further information please see the explanatory remarks on derivative financial instruments in this section.
15
annual_report
NatixisSA-AR_2020
3,410
67a o/w global Systemically Important Institution (G-SII) or Other Systemically Important Institution (O-SII) buffer 0.000%
15
annual_report
4226
595
Catastrophe losses are a significant component in understanding and assessing the financial performance of our business. However, catastrophic events make it difficult to assess the underlying trends in this business. Management believes that providing certain financial metrics and trends excluding the effects of catas...
62
10K
4027
1,224
On October 10, 2007, the Company issued $150.0 aggregate principal amount CENts with a scheduled maturity date of October 15, 2037, subject to certain limitations, with a final maturity date of October 15, 2067. The Company issued the CENts at a discount yielding $149.8. For the initial 10-year period following the ori...
137
10K
2768
1,210
Our specialty risk management operations now exclude an allocation of corporate overhead, which is attributable to our agency operations. Prior to January 1, 2005, corporate overhead was only reflected in the specialty risk management operations segment. This reclassification for the allocation of corporate overhead mo...
114
10K
1848
519
A summary of the Company's stock option activity and related information for these plans for the years ended December 31, 2001, 2000 and 1999, follows:
25
10K
SwissReAG-AR_2010
905
On 12 October 2010, Standard & Poor’s revised the outlook for Swiss Re’s ratings to positive from stable, thanks primarily to the speed and effectiveness of our de-risking process, as well as the resilience of our franchise.
37
annual_report
fr_axa-AR_2006
5,563
In compliance with the assignment entrusted to us by the shareholders, we have audited the accompanying consolidated financial statements of AXA SA for the year ended
26
annual_report
fr_axa-AR_2008
4,275
Cash and cash equivalents increased by €13,542 million compared to 2007 mainly due to: • The uS Life & Savings (€+5,724 million) mainly due to cash received on Variable Annuity guarantees (GMxB) derivatives
33
annual_report
4652
2,784
As a result of the acquisition of the Star and Edison Businesses, the Company recognized an asset for goodwill representing the excess of the acquisition cost over the net fair value of the assets acquired and liabilities assumed. Goodwill resulting from the acquisition of the Star and Edison Businesses amounted to $17...
115
10K
4097
1,120
Estimated future gross profits vary based on a number of sources including investment spread margins, surrender charge income, policy persistency, policy administrative expenses and realized gains and losses on investments including credit related other than temporary impairment losses. Estimated future gross profits a...
55
10K
4829
759
The Company’s investment in lottery prize cash flows was $21,763,648 and $19,560,794 as of December 31, 2013 and 2012, respectively. The lottery prize cash flows are assignments of the future rights from lottery winners purchased at a discounted price. Payments on these investments are made by state run lotteries.
49
10K
PosteItalianeSpA-AR_2015
1,148
Non-current assets of €4,713 million are up €70 million compared with the end of 2014.
15
annual_report
gb_prudential-AR_2005
3,100
The life insurance products offered by the Group’s Asian operations include a range of with-profits and non-participating term, whole life, endowment and unit-linked policies. The Group’s Asian operation also offers health, disability, critical illness, and accident coverage to supplement its core life products.
43
annual_report
BeazleyPLC-AR_2020
1,384
■ Pre-tax profit Average executive director bonus as a percentage of salary $m
13
annual_report