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3625
575
Effective January 1, 2007, we adopted the provisions of FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of FASB Statement No. 109 (“FIN 48”). As a result of the implementation of FIN 48, we recognized an $11.5 million decrease in the liability for unrecognized tax benefits, whi...
65
10K
4839
1,051
Our equity index put option and credit default contracts are not exchange traded and certain contract terms are not standard in derivatives markets. For example, we are not required to post collateral under most of our contracts and many contracts have long durations, and therefore are illiquid. For these and other rea...
85
10K
ASRNederlandNV-AR_2012
1,570
Included in the cash and cash equivalents is € 1,882 million (2011 € 1,716 million) related to the cash collateral received on derivative instruments. This debt to repay the cash collateral is included in the amount due to banks (chapter 23).
41
annual_report
1892
368
Year Ended December 31, 2002 compared to Year Ended December 31, 2001 (Restated)
13
10K
de_allianz-AR_2009
610
Business Operations and Steering The Allianz Group’s insurance and asset management businesses provide a comprehensive product range through multiple sales channels. We manage and steer our operations via four segments and ten divisions.
33
annual_report
ScorSE-AR_2008
707
Return on equity was 9.0%, 14.0%, and 16.9% for the years ended 31 December 2008, 2007 and 2006 respectively. Basic earnings per share was EUR 1.76, EUR 2.79 and EUR 3.26 for the same three periods, respectively.
37
annual_report
de_allianz-AR_2001
619
Strasse 4a, D-81675 Munich (Phone +49 89 4107-303, Fax +49 89 4107-3040).
12
annual_report
ASRNederlandNV-AR_2011
76
Elements of ASR’s strategy were refined in early 2011 with the aim of focusing more specifically on priorities under changing market conditions. First and foremost, ASR has chosen to focus primarily on retail customers, self-employed professionals and small and medium-sized enterprises (SMEs) up to 500 employees. Addit...
163
annual_report
de_allianz-AR_2004
1,586
Income Act on sales of such policies can be clearly understood.
11
annual_report
AvivaPLC-AR_2006
3,415
10% decrease in mortality/ decrease in 10% in mortality/ morbidity rates
11
annual_report
1321
617
The Company uses the asset and liability method of accounting for income taxes. Deferred Federal income taxes arise from the recognition of temporary differences between financial statement carrying amounts and the tax basis of the Company's assets and liabilities, as well as tax on net unrealized gains or losses on se...
91
10K
SwissLifeHoldingAG-AR_2017
53
This is the repository for brands whose connection to the umbrella brand is potentially the source of conflict or which are kept separate for strategic reasons. These brands have an independent existence without visible relation to the umbrella brand.
39
annual_report
StorebrandASA-AR_2010
2,049
notes to the finanCial statements of storebrand asa 01 accounting policies the financial statements of storebrand asa have been prepared in accordance with the accounting act, generally accepted accounting policies in norway, and the regulations relating to annual accounts, etc, for insurance companies. storebrand asa ...
55
annual_report
5657
934
A summary of BHRG’s property and casualty unpaid losses and loss adjustment expenses, other than retroactive reinsurance losses and loss adjustment expenses, as of December 31, 2018 follows (in millions).
30
10K
NatixisSA-AR_2008
1,043
(1) Including a portion due in relation to director’s fees for the 2006 fi scal year.
16
annual_report
StorebrandASA-AR_2005
697
Management through group-wide policies and internal guidelines. Group-wide policies have been approved for the following functions in the Storebrand Group: accounting, finance and risk management, investor relations, corporate communications, branding, IT, human resources and legal services.
36
annual_report
4421
665
Our individual and family health insurance plan commission revenue was adversely impacted in 2011 due to the reduction in the commission rates that we are paid on new policies as a result of our selling individual and family health insurance plans subsequent to the implementation of the new medical loss ratio requireme...
130
10K
AdmiralGroupPLC-AR_2014
480
Other Revenue Admiral generates Other Revenue from a portfolio of insurance products that complement the core car insurance product, and also fees generated over the life of the policy.
29
annual_report
2697
1,355
See Note 1d for assessment of other than temporary impairments. The Company believes the above fixed maturity and equity securities unrealized losses are not other than temporary as the Company has the ability and intent to hold the investments for a period of time sufficient for a forecasted market price recovery up t...
98
10K
2985
1,155
Regulators also continue to focus on replacement and exchange issues. Under certain circumstances companies have been held responsible for replacing existing policies with policies that were less advantageous to the policyholder. Our management continues to monitor compliance procedures to minimize any potential liabil...
83
10K
Sampoplc-AR_2017
3,595
PPension liabilities:ension liabilities: At the beginning of the year 294 303
11
annual_report
3088
789
(4) Return on average shareholders' equity: Return on average shareholders' equity is the ratio, expressed as a percentage, of net earnings, excluding realized gains and losses, to the average of the beginning of period and end of period total shareholders' equity, excluding accumulated other comprehensive income.
46
10K
5152
1,295
The carrying value and unfunded commitments for certain of our investments are the following:
14
10K
SwissReAG-AR_2016
2,619
Income/loss before interest and income tax expense 3 751 1 492 517 417 –200 –24 5 953 Interest expenses2 –272 –323 –24 –16 –23 24 –634 Income/loss before income tax expense/
31
annual_report
SwissLifeHoldingAG-AR_2013
833
The rules for future asset allocations are consistent with going-concern assumptions. Asset realignment avoids deviating from the strategic asset allocation by more than a predefined margin and takes place after each projected year.
33
annual_report
1002
181
Last year, your Company's earnings were down 18 percent to $23,677,000 or $2.28 per share, compared to $28,732,000 or $2.68 per share for 1997. Poor underwriting results in your Company's property and casualty business were partially offset by an outstanding year for United Life Insurance Company and gains realized on ...
69
10K
NatixisSA-AR_2008
5,987
This method is based on assumptions concerning demographics, salary increase rates, discount rates and infl ation. Differences resulting from changes in actuarial assumptions and experience adjustments (impact of differences between previous actuarial assumptions and actual events) give rise to actuarial gains and loss...
43
annual_report
BaloiseHoldingLtd-AR_2007
824
BOARD OF DIRECTORS AND COMMITTEE MEETINGS In compliance with the organisation regulations, the full Board of Directors meets as oft en as business requires, but no less than four times a year.
32
annual_report
5203
1,277
Annuities segment pre-tax adjusted operating income was $180.2 million which included $83.8 million of fixed annuity adjusted operating earnings, $111.7 million of variable annuity adjusted operating earnings, and a $15.3 million loss in other annuity earnings which included $12.2 million of amortization related to int...
68
10K
AegonNV-AR_2006
2,933
10% decrease in morbidity rates 61 1 Basic assumptions: no correlation between markets and risks, unchanged conditions for all other assets and liabilities and limited management actions taken. All changes are relative to net income and shareholders’ equity. Effects do not tend to be linear and therefore cannot be extr...
55
annual_report
nl_ing_grp-AR_2019
6,340
We are independent of ING Groep N.V. in accordance with the ‘Verordening inzake de onafhankelijkheid van accountants bij assurance-opdrachten’ (‘ViO’, Code of Ethics for Professional Accountants, a regulation with respect to independence) and other relevant independence regulations in the Netherlands. Furthermore, we h...
56
annual_report
4536
204
Audited financial statements begin on the following page of this report.
11
10K
2209
1,182
Nationwide Provident sales grew significantly due to the acquisition that closed on October 1, 2002.
15
10K
4292
2,573
The discount rate selected for each U.S. plan is based on a model bond portfolio with coupons and redemptions that closely match the expected liability cash flows from the plan. Discount rates for non-U.S. plans are based on appropriate bond indices such as the Markit iBoxx £ Corporates AA 15+ index in the U.K. Project...
66
10K
StorebrandASA-AR_2018
1,852
Of which derivatives in bond funds, managed by Storebrand 1,570 513 2,082
12
annual_report
5592
907
Reclassifications may have been made to prior years' amounts to conform to the current year's presentation.
16
10K
NatixisSA-AR_2014
801
2 CORPORATE GOVERNANCE Additional information on the corporate offi cers’ positions Michel GRASS Chairman of the Board of Directors of Banque Populaire Bourgogne Franche Comté
25
annual_report
4822
1,257
At December 31, 2013 and 2012, we had no unrecognized tax benefits. As of December 31, 2013, our U.S. federal income tax returns for the tax years 2009 through 2012 remain subject to examination. The Company has not recorded any uncertain tax positions as of December 31, 2013 or December 31, 2012.
52
10K
fr_axa-AR_2006
215
Supervisory Board members are selected on the basis of their acknowledged competence and experience, as well as their ability to work together and become actively involved in the supervision of a Group like AXA.
34
annual_report
AvivaPLC-AR_2005
376
Aviva Singapore and Hong Kong employ a multi-channel distribution strategy alongside a strong partnership with banking group Development Bank of Singapore (DBS). In Singapore we are ranked fifth and in Hong Kong 24th. Our business in Singapore remains the market leader in the developing broker market as well as the emp...
55
annual_report
AegonNV-AR_2019
2,732
Solvency II 2020 review In addition to the 2018 review of the Solvency II Delegated
15
annual_report
AegonNV-AR_2008
3,380
Net gains / (losses) transferred to income statement (891) – 25 (866)
12
annual_report
5909
538
In the Medicare Operating Group, BRP generates commissions and fees in the form of direct bill insurance placement and marketing income. Marketing income is earned through co-branded marketing campaigns with the Company’s Insurance Company Partners.
35
10K
AvivaPLC-AR_2007
230
– The composite model allows us to focus on areas of the business where we can grow profitably at any given time. In 2007 we actively managed the composite portfolio by: – Restructuring our UK GI business
37
annual_report
AvivaPLC-AR_2001
920
(i) On 28 June 2001, the Group completed the acquisition of ABN AMRO Magyar Elet es Nyugdijbiztosito Reszvenytarsasag (“Mébit”), the sixth-largest life insurance business in Hungary, from ABN AMRO Bank N.V. for a cash consideration of £64 million, including transaction costs. The embedded value amounted to £11 million,...
55
annual_report
2940
2,682
Other Expense. Other expense was $73.4 million and $14.0 million in 2004 and 2003, respectively. This change was primarily due to increased deferrals on the retroactive reinsurance agreements with affiliates for asbestos reserve strengthening.
34
10K
712
381
The consolidated statements of cash flows on page 37 indicate that operating activities provided cash of $1.1 billion, $1.4 billion and $2.2 billion in 1997, 1996 and 1995, respectively. This statement also classifies the other sources and uses of cash by investing activities and financing activities and discloses the ...
63
10K
StorebrandASA-AR_2013
1,581
In 2014 the following new standards will have an effect on the consolidated financial statements: IFRS 10 Consolidated Financial Statements, and IFRS11 Joint Arrangements. A larger share of the Group's investments is expected to be consolidated due to IFRS 10 and it is also expected that jointly-controlled companies wi...
88
annual_report
1264
916
IGI CONTINGENCY - In 1997, CNA Reinsurance Company Limited ("CNA Re Ltd.") entered into an arrangement with IOA Global, Ltd. ("IOA"), an independent managing general agent based in Philadelphia, Pennsylvania, to develop and manage a book of accident and health coverages. Pursuant to this arrangement, IGI Underwriting A...
169
10K
RaiffeisenBankInternationalAG-AR_2016
1,852
Equity/index futures - forward pricing 436,540 0 0 436,540 24,803 (22,172)
11
annual_report
RSAInsuranceGroupPLC-AR_2013
487
Failure to attract and retain key staff for specialist technical roles
11
annual_report
1430
603
The Company believes that it currently has adequate space for expansion at its existing facilities.
15
10K
AvivaPLC-AR_2010
2,567
(ii) The tax charge attributable to policyholders’ returns included above is £nil (2009: £nil).
14
annual_report
de_allianz-AR_2008
3,666
1) For the year ended December 31, 2008, consists of shadow accounting of � (135) mn. 2) Mainly relating to a reclassification from reserves for premium refunds and other insurances reserves.
31
annual_report
BaloiseHoldingLtd-AR_2004
233
December. The positive response of our customers to this product encourages Baloise Fund Invest to issue further guaranteed funds.
19
annual_report
TrygAS-AR_2015
139
Denmark. The product is for customers buying and selling cars privately and consists of a car test and a change of car ownership insurance.
24
annual_report
1077
294
The balance sheet captions "Funds Withheld at Interest" and "Interest Sensitive Contracts Liabilities" relate to Deferred Annuity contracts reinsured on a modified coinsurance basis. Taking into consideration the structure of the reinsurance agreement, the carrying value of the liabilities and related assets approximat...
46
10K
BaloiseHoldingLtd-AR_2008
896
Extraordinary General Meetings may be convened by resolution of the Annual General Meeting, the Board of Directors or the auditors. Furthermore, an Extraordinary General Meeting must be convened by the Board of Directors at the request of shareholders, in compliance with legal stipulations (§ 11 of the Articles of Inco...
80
annual_report
fr_axa-AR_2015
5,103
the contractual terms of cash fl ows are SPPI, the fi nancial asset is measured at fair value through Other Comprehensive
21
annual_report
4409
951
Advertising costs are expensed as incurred under ASC Topic 720-35, “Advertising Costs”. The Company incurred $24,620 and $8,195 for the years ended December 31, 2011 and 2010, respectively.
28
10K
4532
989
The accumulated benefit obligation for all defined benefit pension plans was $3,187 million and $2,932 million at December 31, 2012 and 2011.
22
10K
NatixisSA-AR_2014
4,941
The units held by third party investors in dated funds, which are fully consolidated by Natixis, entitling the unit-holders to the repayment of a share of the fund’s net assets upon its liquidation, are classifi ed in liabilities on the consolidated balance sheet under “Accruals and other liabilities”. The share of thi...
71
annual_report
4296
1,188
As of December 31, 2010, the Company has not recognized any future tax benefit related to its foreign operations at Eastern Re. The unrecognized tax benefit, which represents the excess of the tax basis over the amount for financial reporting (i.e., outside basis difference) of Eastern Re, was $11,545 as of December 31...
112
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_1999
147
Christiane Bartl (until 22nd July 1999) Employee of the Munich Reinsurance Company
12
annual_report
NatixisSA-AR_2010
498
● The SIA Group operates in the Nord Pas-de-Calais, Picardie and Ile-de-France regions with Viléal Habitat. SIA Habitat and its affiliate Escaut Habitat, specializing in providing firsttime home ownership, work in partnership on projects that combine rental and home ownership opportunities. SIA Habitat’s 27,500 housing...
67
annual_report
3986
2,297
(1) Represents the pre-tax non-credit OTTI loss recorded as a component of accumulated other comprehensive income (loss) (“AOCI”) for assets still held at the reporting date.
26
10K
5250
987
Chem-Mod LLC - At December 31, 2016, we held a 46.5% controlling interest in Chem-Mod. Chem-Mod possesses the exclusive marketing rights, in the U.S. and Canada, for technologies used to reduce emissions created during the combustion of coal. The refined coal production plants discussed below, as well as those owned by...
90
10K
SwissLifeHoldingAG-AR_2004
1,998
Swissville Centers Holding, Zürich Life l 99.8% 100.0% full CHF 7 100
12
annual_report
de_allianz-AR_2015
2,232
Carrying amount as of 31 December1 2,361 2,142 Accumulated amortization as of 31 December 4,516 4,218 Cost as of 31 December 6,878 6,360 1 As of 31 December 2015, includes € 1,534 mN (2014: € 1,398 mN) for self-developed software and € 827 mN (2014: € 743 mN) for software purchased from third parties.
54
annual_report
4663
1,002
During the year ended December 31, 2012, we repurchased approximately 3,923,336 common shares at a total cost of approximately $106.1 million. Future repurchase activity under the program will depend on many factors, including capital levels, liquidity needs, rating agency expectations, and the relative attractiveness ...
49
10K
4259
7,754
Allstate is engaged, principally in the United States, in the property-liability insurance, life insurance, retirement and investment product business. Allstate's primary business is the sale of private passenger auto and homeowners insurance. The Company also sells several other personal property and casualty insuranc...
85
10K
gb_prudential-AR_2012
3,156
At 31 December 2012, Jackson (including the newly acquired REALIC) had interest sensitive life business in force with total account value of £6.0 billion (US$9.7 billion) (2011: £3.3 billion (US$5.1 billion)), with minimum guaranteed interest rates ranging from 2.5 per cent to 6.0 per cent with a 4.67 per cent average ...
99
annual_report
NatixisSA-AR_2008
2,633
Natixis carries out annual health surveillance examinations for staff. In 2008, the occupational health department took steps to develop a specialized unit to monitor the impact of stress in the workplace. This monitoring unit is now up and running. For 2009, the annual surveillance examination for staff will be furthe...
58
annual_report
803
378
The Company's business segments are: (i) Health Insurance, which includes the businesses of the Self-Employed Agency Division, the Student Health Division; the Special Risk Division and the Motor Club Division; (ii) Life Insurance and Annuity, (iii) Credit Services, and (iv) Corporate and Other, which includes the busi...
135
10K
NatwestGroupPLC-AR_2017
4,429
Settlement balances and short positions 4,938 26,433 31,371 5,010 20,712 25,722
11
annual_report
GjensidigeForsikringASA-AR_2015
2,065
Guidelines for remuneration and career development shall be linked to achievement of the Group’s strategic and financial goals and core values, and both quantitative and qualitative targets shall be taken into consideration. The measurement criteria shall promote the desired corporate culture and long-term value creati...
137
annual_report
2318
580
(b) Premiums are earned (net of reinsurance ceded) over the terms of the related insurance policies and reinsurance contracts or certificates. Unearned premium reserves are established for the unexpired portion of insurance policies and reinsurance contracts or certificates. Such unearned premium reserves are computed ...
104
10K
AssicurazioniGeneraliSpA-AR_2015
3,066
The Board of Directors approves the risk management policies and strategies, as well as the risk tolerance levels. The risk adjusted performance targets are defined in line with the capital adequacy level.
32
annual_report
ScorSE-AR_2011
5,729
 Financial communication: The establishment and centralization of all financial information - particularly press releases, intended for the market, investors, financial analysts, and the press - are the responsibility of the Corporate Communications Department and the Group Corporate Finance & Finance Communications D...
64
annual_report
5958
2,444
Total effect on claims and claims expense $ 530 $ 524 $ 1,378
13
10K
3111
784
The table below summarizes the number of asbestos and non-asbestos claims outstanding at December 31, 2006, 2005, and 2004. For additional information about our environmental reserves, see Item 1. “Business,” Item 8. “Financial Statements and Supplementary Data,” Note 8 to the consolidated financial statements.
44
10K
AdmiralGroupPLC-AR_2018
1,217
Based on the results of this analysis, the Directors have a reasonable expectation that the Company will be able to continue in operation and meet its liabilities as they fall due over this three year period.
36
annual_report
PosteItalianeSpA-AR_2016
307
The decline in Unrecorded Mail (65 million fewer items, down 4.2% on 2015) generated a corresponding reduction in revenue of €86 million (down 8.4%), reflecting, as previously mentioned, the general decline in market volumes as a result of e-substitution. Despite a 2.9% reduction in volumes, revenue from Recorded Mail ...
75
annual_report
TrygAS-AR_2006
1,898
Swedish general insurance Gross premiums earned 4 - - - - -
12
annual_report
NatwestGroupPLC-AR_2011
2,953
Unexpected levels of operational risk losses, by stressing its existing portfolio of operational risk scenarios.
15
annual_report
ch_zurich_insurance_group-AR_2018
1,762
Management, as the first line of defense, is responsible for identifying, evaluating and addressing significant risks, and designing, implementing and maintaining internal control. Key processes and controls in the organization are subject to review and challenge by management, Group Risk Management, Group Compliance a...
100
annual_report
1529
1,225
Business Segment Information for the Years Ended December 31, 2000 and 1999
12
10K
GjensidigeForsikringASA-AR_2020
2,520
Net income and gains/(losses) from financial liabilities at amortised cost Net interest income/(expenses) from subordinated debt (41.5) (49.9) Total net income and gains/(losses) from financial liabilities at amortised cost (41.5) (49.9)
31
annual_report
AegonNV-AR_2011
2,325
Throughout the recent financial crisis, AEGON’s aim has been to maintain excess capital over and above the amount required to maintain an AA financial strength rating. This remains the company’s objective, and plays an important role in determining the overall capital management strategy. AEGON
44
annual_report
PhoenixGroupHoldingsPLC-AR_2015
1,234
Total share plan interests as at 31 December 2015 – DBSS
11
annual_report
5936
1,217
Long-term debt includes AAC surplus notes and junior surplus notes, the Ambac Note and Tier 2 Notes issued in connection with the Rehabilitation Exit Transactions and the Ambac UK debt issued in connection with the Ballantyne commutation. The fair values of surplus notes, the Ambac Note and Tier 2 Notes are classified ...
71
10K
2665
5,542
(1)Includes $9.15 billion of liabilities with a contractual surrender charge of less than 5.0% of the account balance.
18
10K
ch_zurich_insurance_group-AR_2015
2,433
Consolidated financial statements continued 15. Attorney-in-fact contracts, goodwill and other intangible assets Table 15.1
14
annual_report
TrygAS-AR_2017
592
all employees must comply with the Code of Conduct, some departments and positions are more exposed to risks of improper conduct than others, for example when it comes to handling personal data or anti-corruption, including gifts. In order to mitigate the risk of employees violating the Code of Conduct, we continued to...
93
annual_report
SwissReAG-AR_2014
1,459
Board of Directors 10 meetings1 Group EC members, Group General Counsel, Company Secretary 4.5 hours
15
annual_report
NatwestGroupPLC-AR_2017
4,639
US$ 1,000 million series 1 non cumulative convertible preference shares of US$ 0.01 9.118% (partial redemption) Ineligible 48 —
19
annual_report
PhoenixGroupHoldingsPLC-AR_2015
3,869
NET SHAREHOLDER DEBT Shareholder debt (including the Tier 1 Notes) less holding company cash and cash equivalents
17
annual_report
HelvetiaHoldingAG-AR_2016
977
The profit for the period under IFRS was CHF 150.6 million (financial year 2015: CHF 149.8 million). The IFRS result in particular includes integration costs as well as planned additional depreciation due to the revaluation of interest-bearing securities under IFRS acquisition accounting.
42
annual_report
2237
1,470
Certain facilities are guaranteed by either operating subsidiaries or ACE Limited.
11
10K
2783
823
ascertainable market values. Sherman’s results of operations are sensitive to estimates by Sherman’s management of ultimate collections on these portfolios.
20
10K