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3817
1,220
typical trading volumes and the lack of quoted market prices for fixed maturities, third-party pricing services will normally derive the security prices through recent reported trades for identical or similar securities making adjustments through the reporting date based upon available market observable information as ...
149
10K
NatixisSA-AR_2005
1,681
IAS 17 imposes stricter rules for the recognition of finance leases and operating leases. Certain contracts have therefore been reclassified as operating leases, as a result of which the unrealized reserve recognized under French GAAP is no longer recognized.
39
annual_report
SwissLifeHoldingAG-AR_2011
679
LIQUIDITY PREMIUM — As stipulated in the MCEV Principles, liquidity premiums are included in swap yield curves in cases where liabilities are not liquid.
24
annual_report
HannoverRueckSE-AR_2018
1,656
Global economy Economic growth will continue to trend higher in 2019, albeit at a reduced pace. In its year-end forecast the Kiel Institute for the World Economy expects growth to slow by 0.3 percentage points in 2019 to 3.4%. One of the reasons here is that capacity utilisation in the advanced economies will scarcely ...
101
annual_report
4561
1,058
Gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position were as follows at December 31, 2012:
32
10K
3715
929
other market observable data is limited, the extent to which judgment is applied in determining fair value is greatly increased.
20
10K
467
276
At December 31, 1996, collateralized mortgage obligations and mortgage-backed pass-through securities represented approximately 21% of Life Re's invested assets. Certain of such investments may be subject to significant prepayment risk and, therefore, are susceptible to fluctuations in the level of interest rates.
42
10K
PowszechnyZakladUbezpieczenSA-AR_2020
1,646
Claims and benefits on own share ratio (net claims and benefits/premium earned on own share) x 100%
17
annual_report
ASRNederlandNV-AR_2019
1,489
(to be used for pensions at the employee’s discretion); • Pension benefits related to historically awarded pension rights; • VPL (early retirement and life cycle; ‘VUT, Prepensioen en Levensloop’).
29
annual_report
INGGroepNV-AR_2020
1,958
Non-performing Loans: outstandings by economic sector and business lines (*)1, 2 in EUR million Wholesale
15
annual_report
PhoenixGroupHoldingsPLC-AR_2016
2,820
There is an exposure to spread changes affecting the prices of corporate bonds and derivatives. This exposure applies to with-profit funds, non-profit funds (where risks and rewards fall wholly to shareholders) and shareholders’ funds.
34
annual_report
AdmiralGroupPLC-AR_2012
103
• Combined ratio higher in 2012 versus 2011, predominantly due to growth in less mature markets.
16
annual_report
gb_lloyds_banking_grp-AR_2011
987
Assets decreased by 18 per cent, (25 per cent excluding reverse repos), reflecting the targeted reduction in the non-core balance sheet by £35 billion. Although net lending to core customers (excluding reverse repos) reduced by £9 billion as a result of weak demand and continued customer deleveraging as credit faciliti...
85
annual_report
NatixisSA-AR_2005
800
Sharp increase in wind farm financing >>> In 2005, Natexis Lease, in particular through its Energeco subsidiary, participated in the financing of 25 wind farms with a total capacity of 236 MW.
32
annual_report
ScorSE-AR_2018
1,595
The total commitment of the Group for defined benefit pension plans in France, Germany, the United States and Switzerland for the Executive Committee members (including the Chairman and Chief Executive Officer) amounts to EUR 57 million as at December 31, 2018, i.e. 13% of the total commitment of the Group for pension ...
57
annual_report
gb_prudential-AR_2003
766
4. The transfer value equivalent has been calculated in accordance with Actuarial Guidance Note GN11.
15
annual_report
HannoverRueckSE-AR_2017
106
In his address to shareholders Chief Executive Officer Ulrich Wallin took the opportunity to look back once more on the 2016 financial year, which Hannover Re had closed out with Group net income of EUR 1.17 billion and hence a fifth record profit in a row. The Property & Casualty reinsurance business group had played ...
85
annual_report
3134
3,255
Common stock, $1 par value, authorized 80,000,000 shares; issued 2006, 33,060,600 and 2005, 32,008,142 shares; outstanding 2006, 31,662,691 and 2005, 30,610,233 shares
22
10K
SwissLifeHoldingAG-AR_2009
329
COMPOSITION — In the year under review, no member of Swiss Life Holding’s Board of Directors exercised any duties relating to operational management within the Swiss Life Group. Furthermore, no such duties were exercised by any Board members during the past three financial years, with two exceptions: Rolf Dörig, who he...
83
annual_report
5705
1,980
The table below sets forth the scheduled maturities of AFG’s available for sale fixed maturity securities at December 31, 2019, based on their fair values. Securities with sinking funds are reported at average maturity. Actual maturities may differ from contractual maturities because certain securities may be called or...
52
10K
4345
513
The carrying value of the Series B Preferred Shares that did not convert are listed in the Liabilities section of the Balance Sheet, and therefore the accretion and dividends associated with the Series B stock after November 30, 2009 are deductions from net income. Series C stock has no accretion. The recorded values o...
95
10K
gb_lloyds_banking_grp-AR_2011
23
A full version of our Annual Report and Accounts and information relating to Lloyds Banking Group is available at: www.lloydsbankinggroup.com
20
annual_report
2492
826
Under the Company’s accounting policy for equity securities and debt securities that can be contractually prepaid or otherwise settled in a way that may limit the Company’s ability to fully recover cost, an impairment is deemed to be other-than-temporary unless the Company has both the ability and intent to hold the in...
163
10K
RSAInsuranceGroupPLC-AR_2018
2,122
The table below sets out the Non-Executive Directors’ total remuneration single fi gures for the fi nancial year ended 31 December 2018.
22
annual_report
fr_axa-AR_2019
8,083
Interest income on plan assets (193) (217) (0) (0) (193) (217)
11
annual_report
2698
935
The Company uses estimates for determining its liability for accident and health and disability benefits, which are based on historical claim payment patterns and attempt to provide for the inherent variability in claim patterns and severity. In 2004, the amount incurred for accident and health and disability benefits ...
73
10K
4551
822
Similar to many businesses located in the Eurozone, Gras Savoye's operations are being pressured by the economic conditions. In addition, Gras Savoye recently appointed a new CEO and is undergoing a business review that is designed to drive growth in revenues and improve operational efficiencies.
45
10K
4098
3,390
Total interest expense related to the collateral financing arrangement was $51 million, $117 million and $5 million for the years ended December 31, 2009, 2008 and 2007, respectively.
28
10K
HiscoxLtd-AR_2005
839
The proceeds received net of any directly attributable transaction costs are credited to share capital and share premium when the options are exercised.
23
annual_report
5473
722
(2) Amount revised to reflect updated contractholder mortality assumptions as of December 31, 2016.
14
10K
3448
1,368
During the first quarter of 2007, White Mountains repaid the $320 million outstanding under its revolving credit facility using a portion of the net proceeds from the issuance of the WMRe Senior Notes. During the second quarter of 2007, White Mountains replaced its existing credit facility with a new $475 million revol...
99
10K
2514
714
During 2004, we novated, negotiated the recapture of and terminated a significant amount of our reinsurance business. In particular, as discussed elsewhere in this report, we negotiated the termination and recapture of our annuity reinsurance agreement with Transamerica, novated certain life reinsurance agreements to T...
194
10K
3782
1,326
The Company applies the guidance in FASB Interpretation No. 46 (Revised December 2004) “Consolidation of Variable Interest Entities” (“FIN 46(R)”), which defines a variable interest entity as a corporation, partnership, trust or any other legal structure used for business purposes that either does not have equity inves...
182
10K
3712
1,114
Effective January 1, 2007, we adopted the provisions of Statement of Position 05-1 (SOP 05-1), Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection With Modifications or Exchanges of Insurance Contracts. SOP 05-1 provides guidance on accounting by insurance enterprises for deferred acquisiti...
137
10K
4704
1,169
6. Total stockholders’ equity divided by the basic shares of common stock outstanding. At December 31, 2013, 2012, 2011, 2010, and 2009 there were 72,982,023, 79,866,858, 89,743,761, 103,227,238, and 117,591,250 shares, respectively, outstanding.
33
10K
4604
2,422
The following financial information from American Financial Group’s Form 10-K for the year ended December 31, 2012, formatted in XBRL (Extensible Business Reporting Language):
24
10K
TrygAS-AR_2012
422
Gross premiums were up 0.9% in Q4, which was in line with expectations and the developments which generally characterised the year.
21
annual_report
4596
1,451
No premium deficiencies were recorded in the consolidated statements of comprehensive income, as the sum of the anticipated loss and loss adjustment expenses, policyholder dividends and unamortized deferred acquisition expenses did not exceed the related unearned premiums and anticipated investment income.
41
10K
2152
1,110
CNA recorded $73.0 million in unfavorable net prior year environmental pollution claim and claim adjustment expense reserve development in 2003. This increase was in part due to the emergence of certain negative legal developments, including several court decisions which have reduced the effectiveness of the absolute p...
84
10K
5501
2,466
Other Expenses, Net of DAC Capitalization. Expenses increased by $119 million, primarily due to establishment costs related to our technology transformation and branding. In addition, certain corporate branding costs that had previously been allocated to the segments were reallocated to Corporate & Other. These increas...
64
10K
4160
557
Salaries and related costs, net of deferred internal policy acquisition costs, increased approximately $160,104 and are comprised of the following:
20
10K
AegonNV-AR_2017
4,324
Total liabilities at fair value - 3,559 33 3,592 23 Investments Investments for general account comprise financial assets, excluding derivatives, as well as investments in real estate.
27
annual_report
2846
866
Our liquidity, both on a short-term basis (for the next twelve months) and a long-term basis (beyond the next twelve months), is largely dependent upon: (1) the ability of our operating subsidiaries to pay dividends or make other payments to us, (2) external financings and (3) investment income from our invested assets...
130
10K
PowszechnyZakladUbezpieczenSA-AR_2020
1,669
Poland, in March 2020 KNF recommended to banks to retain the entire profit achieved in the previous years and refrain from dividend payouts in 2020. As a result of an impairment test, an impairment loss was made on goodwill arising from the acquisition of Alior
45
annual_report
fr_axa-AR_2011
11,042
Martineau has been an Attorney since 1976. In 1981, he was
11
annual_report
NatwestGroupPLC-AR_2019
4,248
Several class actions relating to USD LIBOR, as well as more than two dozen non-class actions concerning USD LIBOR, are part of a coordinated proceeding in the SDNY. In December 2016, the SDNY held that it lacks personal jurisdiction over NWM Plc with respect to certain claims. As a result of that decision, all RBS Gro...
192
annual_report
LloydsBankingGroupPLC-AR_2019
6,787
O ther inform ation Lloyds Banking Group Annual Report and Accounts 2019 289
13
annual_report
gb_prudential-AR_2017
2,301
From 2017, PLTIP awards are usually subject to an additional two‑year holding period following the end of the three‑year performance period.
21
annual_report
fr_axa-AR_2004
645
Underlying Net Technical result includes the following components: (i) Mortality/morbidity margin: The amount charged to the policyholder in respect of mortality/morbidity for the related period less benefit and claims. It is equal to the difference between income for assuming risk and the actual cost of benefits, incl...
73
annual_report
4441
1,552
The Company will file a consolidated federal income tax return with SLC - U.S. Ops Holdings for the year ended December 31, 2011, as the Company did for the years ended December 31, 2010 and 2009.
36
10K
NatixisSA-AR_2010
2,556
For the year, the net revenues of this business line stood at €223 million, up 10.9% compared with 2009. At the same time, the provision for PEP (policyholders’ unallocated benefi t) was increased by a multiplier of 2.7.
38
annual_report
fr_axa-AR_2012
5,941
Shadow accounting on Value of purchased Business In force - - (72)
12
annual_report
4405
1,721
Mortgage borrowers that are not more than one payment behind (generally considered performing borrowers) have demonstrated an ability and willingness to pay throughout the recession and mortgage crisis, and as a result are viewed as less likely to default than delinquent borrowers. Performing borrowers that eventually ...
86
10K
ch_zurich_insurance_group-AR_2015
2,684
The Group Long-Term Incentive Plan (LTIP) Participants in this plan are allocated a target number of performance shares as notional shares of Zurich Insurance Group Ltd in April each year (target shares). The number of target shares is calculated as a percentage of annual base salary of each participants.
49
annual_report
4110
1,677
In April 2006, the Company entered into a master agreement with CastlePoint ( “Master Agreement”). The Master Agreement provided that, subject to the receipt of required regulatory approvals, CastlePoint would manage the traditional program business and the specialty program business, and the Company would manage the b...
119
10K
StandardLifeAberdeenPLC-AR_2016
248
In September 2016, we signed the UK’s HM Treasury Women in Finance Charter. This makes firm and public commitments to support actions which will improve the representation of women in our industry, including progressive target setting for our leadership population. By the end of 2021, we aim to have 30-35% women in lea...
59
annual_report
5690
2,307
Certain guarantees, including portions thereof, accounted for as embedded derivatives, are recorded at estimated fair value and included in policyholder account balances. Guarantees accounted for as embedded derivatives include GMABs, the non-life contingent portion of GMWBs and certain non-life contingent portions of ...
179
10K
fr_axa-AR_2001
3,526
Switzerland AXA Compagnie d’Assurances sur la Vie 99.99 99.98 99.99 99.98
11
annual_report
2300
1,273
Some social, economic, political and litigation issues have led to an increased number of legislative and regulatory proposals aimed at addressing the cost and availability of some types of insurance as well as the claim and coverage obligations of insurers. While most of these provisions have failed to become law, the...
86
10K
de_allianz-AR_2019
1,720
The previous analysis is based on our Consolidated Financial Statements and should be read in conjunction with them. In addition to our figures stated in accordance with the International Financial Reporting
31
annual_report
1509
271
The consolidated financial statements include the accounts of MAMSI and its subsidiaries. All significant intercompany balances have been eliminated in consolidation.
21
10K
AegonNV-AR_2016
217
Includes services to individuals rolling over funds from other qualified retirement funds or Individual Retirement
15
annual_report
TrygAS-AR_2010
1,764
b) Comprises provisions for claims for Tryg Garantiforsikring A/S, the Finnish branch of Tryg Forsikring A/S.
16
annual_report
218
460
Securities purchased under agreements to resell, securities sold under agreements to repurchase -- The carrying value for these financial instruments approximates their fair value.
24
10K
StorebrandASA-AR_2005
1,495
Board of Representatives Sven Ullring 385 Merete Egelund Valderhaug 0 Inger-Johanne Strand 3 Stein Erik Hagen 0 Terje R. Venold 0 Eli Sætersmoen 0 Ole Enger 0 Rune Selmar 0 Kjell Jostein Sæther 200
34
annual_report
ch_zurich_insurance_group-AR_2018
2,727
Although the Swiss plan operates like a defined contribution plan under local regulations, it is accounted for as a defined benefit pension plan under IAS 19 ‘Employee Benefits’ because of the need to accrue interest on the pension accounts and the payment of a lifetime pension at a fixed conversion rate under the plan...
55
annual_report
5578
1,304
In return for fees from these clients, the Company provides or makes available various services supporting benefit management and claims administration. In addition, services offered through our Integrated Medical segment include access to the Company's participating provider networks, disease management, utilization m...
46
10K
3652
1,082
The following table presents (i) the sources of collateral either received from various counterparties where Ambac is permitted to sell or re-pledge or directly held in the investment portfolio, and (ii) how that collateral was pledged to various investment and investment repurchase agreement, derivative and reverse re...
59
10K
4881
660
Our benefit expense ratio decreased 20 basis points to 85.1% in 2013, due, in part, to our product repositioning strategy in certain Medicare Advantage plans toward HMO product offerings with lower benefit costs. The decrease was further attributable to the favorable impact of declines in membership in our Local Group ...
98
10K
NatixisSA-AR_2015
3,004
AA+, AA, AA- * Not rated: excluding exposures guaranteed by Groupe BPCE affi liates.
14
annual_report
3100
2,209
Account values invested in the separate account variable investment options have remained relatively constant at December 31, 2005 compared to 2004.
21
10K
5181
821
Net Impairment Losses Recognized in the Consolidated Statements of Income for the year ended December 31, 2014 related to Investments in Fixed Maturities include losses of $0.4 million due to the Company’s intent to sell or requirement to sell bonds of 18 issuers and credit losses of $5.3 million from other-than-tempor...
64
10K
NatixisSA-AR_2013
273
R VEGA Investment Managers (40%-owned, €5.4 billion): funds of funds management and fund selection.
14
annual_report
AvivaPLC-AR_2017
3,813
Analysed as: Unit trust and other investment vehicles — — 45,666 — 45,666 — — 43,062 — 43,062 PLPs and property funds 820 326 1,435 — 2,581 1,146 305 1,186 — 2,637 Other (Including other funds and equity securities) — — 508 — 508 — — 608 — 608 1 Following a review of the Group’s investment classifications, comparative ...
81
annual_report
INGGroepNV-AR_2006
1,528
The number of loans held by group companies as at 31 December 2006 was nil with a balance sheet value of nil (2005: nil with a balance sheet value of nil).
31
annual_report
2510
1,657
The Other Operations segment will continue to manage the discontinued operations of The Hartford as well as claims (and associated reserves) related to asbestos and environmental exposure. The Hartford will continue to review various components of all of its reserves on a regular basis.
44
10K
4360
897
The Company’s principal executive office is located in Irvine, California in approximately 12,000 square feet of leased space. The lease expires in March 2013. The Company leases approximately 105 branch offices in 45 states, which range in size from 500 square feet up to 24,000 square feet. The lease terms for the bra...
86
10K
HelvetiaHoldingAG-AR_2016
892
Spain with global market shares of 1.4 %, 4.7 %, 3.6 % and 1.4 %1. Helvetia is among the top-ten insurance companies in Austria. Because of the smaller market shares in Germany, Italy and Spain (see chart), Helvetia sees growth opportunities in these countries. It intends to exploit this potential by focusing on the ne...
77
annual_report
NatixisSA-AR_2009
3,483
Two new notes relating to this standard have been added. These are Note 8.1 “Change in gains and losses recorded directly in equity” and Note 8.2 “Detail of tax on gains and losses recorded directly in equity”; a the amendment to IFRS 7 adopted by the European Union on November 27, 2009 has given rise to additional inf...
191
annual_report
4561
1,309
As of December 31, 2012, outstanding stock options, substantially all of which are expected to vest, had an aggregate intrinsic value of $25 million, and a weighted-average remaining contractual term of 3.7 years. As of December 31, 2012, exercisable stock options had an aggregate intrinsic value of $15 million, and a ...
102
10K
de_allianz-AR_2017
4,284
PIMCO Latin America Administradora de Carteiras Ltda., Rio de Janeiro 100.0
11
annual_report
gb_prudential-AR_2019
2,691
Proactively engage with the Hong Kong IA to embed the new risk and capital frameworks, supporting the Hong Kong IA in assuming the role of Group-wide supervisor.
27
annual_report
1406
893
Lawsuits continue to be filed with increasing frequency against Lorillard and other manufacturers of tobacco products. Approximately 4,900 product liability cases are pending against cigarette manufacturers in the United States. Of these, approximately 1,225 cases are pending in a West Virginia court and approximately ...
91
10K
4489
1,308
As of December 31, 2011, the Company had securities in its available-for-sale portfolio which were rated below investment grade of $1.7 billion and had an amortized cost of $1.9 billion. In addition, included in the Company's trading portfolio, the Company held $232.7 million of securities which were rated below invest...
64
10K
NatixisSA-AR_2017
9,756
This aligns the Chief Executive Officer of Natixis, and the other members of its Senior Management Committee, with the relative performance of Natixis shares and the consistency of this performance. The performance conditions applicable to shares allocated in 2017 differ from the previous plan: the relative performance...
231
annual_report
1512
450
In 1997, ATC entered into a capital lease arrangement with a subsidiary of FNFI, which expired in December 1999, for certain equipment. The capital lease pertaining to the certain equipment was paid in full in March 1999. Accumulated depreciation related to this equipment was $623,000 and $935,000 at December 31, 1999 ...
54
10K
NatwestGroupPLC-AR_2017
4,100
Share-based payments As described in the Remuneration report on page 103, the Group grants share-based awards to employees principally on the following bases: Award plan Eligible employees Nature of award Vesting conditions (1) Settlement
34
annual_report
fr_axa-AR_2015
5,964
(b) Applicable to investment contracts with no discretionary participation features (IAS 39).
12
annual_report
5340
9,020
• Property Casualty Insurance Companies - risks covered include property, casualty, fidelity/surety, accident and health, aviation, and management liability. We manage risks in the general insurance business through aggregations and limitations of concentrations at multiple levels: policy, line of business, geography, ...
45
10K
5374
1,512
The Company's Board of Directors has approved common share repurchase authorizations under which repurchases may be made from time to time in the open market, pursuant to pre-set trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, in private transactions or otherwise. The au...
170
10K
4051
4,419
(c)Income taxes recorded by the Parent company include deferred tax expense attributable to the potential sale of foreign and domestic businesses and a valuation allowance to reduce the consolidated deferred tax asset to the amount more likely than not to be realized. See Note 21 herein for additional information.
49
10K
NatixisSA-AR_2015
2,041
Natixis’ ALM is based on the following organization: V the Financial Management division proposes ALM standards to the ALM Committee and executes the Committee’s decisions; V Natixis’ contribution to the BPCE/Natixis joint refinancing pool since 2011 is aimed at refinancing all business lines in accordance with the est...
65
annual_report
4178
676
Net income from continuing operations in 2010 was $455 million, or $2.66 per diluted share, compared with $436 million, or $2.58 per diluted share, in 2009.
26
10K
4725
2,176
A roll-forward of property and casualty insurance product liabilities for unpaid losses and loss adjustment expenses follows:
17
10K
1053
225
The primary business of Southern Security Life Insurance Company (the "Company") is the issuance of long duration universal life insurance contracts. The majority of the Company's business is conducted in the states of Florida (44%), Georgia (10%) and Texas (15%). None of the remaining eleven states in which the Compan...
64
10K
ScorSE-AR_2020
3,736
Service cost, net of plan amendments (2) (7) 5 - 11 6 5 - 7 4 3 -
18
annual_report
1484
406
Income before income taxes for 1999 was $164.0 million, up 4.3% from $157.3 million for 1998. The Company's effective tax rate for 1999 was 23.5%, compared with 26.7% for 1998. The decrease in the effective tax rate is due to higher income from the Company's international joint ventures and a higher proportion of tax-e...
59
10K
5868
3,051
In the fourth quarter of 2020, AFG entered into a reinsurance agreement (“annuity block reinsurance”) with Commonwealth. Under reinsurance accounting guidance, the transaction will be accounted for using the deposit method and the $180 million loss on the transaction will be deferred and recognized over the expected li...
108
10K
HannoverRueckSE-AR_2017
3,387
Any entitlement to the granting of share awards after leaving the company is excluded. This shall not apply with respect to claims to variable remuneration acquired (pro rata) in the last year of service of the eligible recipient in the event of exit from the company on account of non-reappointment, occurrence of the p...
57
annual_report
de_allianz-AR_2017
1,232
Although political uncertainties linger, the global economic outlook for 2018 is favorable. The U.S. economy is expected to grow by 2.6 %.
22
annual_report