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NatixisSA-AR_2003
2,423
COFACE MOPE Information and debt management services 100 98 100 98 (2) (2)
13
annual_report
4123
1,752
Membership. At December 31, 2008, our net retained membership for Medicare Part D was 1,572,000 members compared to net retained membership of 1,429,000 members at December 31, 2007, an increase of 143,000 members or 10% over December 31, 2007. Net retained membership excludes members that were reinsured to CVS/Caremar...
131
10K
ch_zurich_insurance_group-AR_2019
3,770
c) Contingent share capital (as specified in Article 5ter of the Articles of Association) Financial Instruments The share capital of Zurich Insurance Group Ltd may be increased by an amount not exceeding CHF 3,000,000 by issuing of up to 30,000,000 fully paid registered shares with a nominal value of CHF 0.10 each by t...
162
annual_report
NatwestGroupPLC-AR_2013
4,094
The Conduct Risk Committee: Operating under delegated authority from the Executive Risk Forum (ERF), it has responsibility for the governance, leadership and strategic oversight of the Group-wide conduct agenda. It can escalate significant issues to the ERF and the Board Risk Committee. (Refer to page 176).
46
annual_report
4335
945
The fair value of the indefinite-lived intangible asset is estimated and compared to the carrying value. The Company estimates the fair value of the indefinite-lived intangible asset using an income approach. The Company recognizes an impairment loss when the estimated fair value of the indefinite-lived intangible asse...
53
10K
gb_lloyds_banking_grp-AR_2011
3,950
Performance‑based awards expensed in 2011 include cash awards amounting to £160 million (2010: £163 million; 2009: £180 million).
18
annual_report
nl_ing_grp-AR_2016
6,507
Common Reporting Standard Similarly, the Organisation for Economic Cooperation and Development (‘OECD’) has developed a Common Reporting Standard (‘CRS’) and model competent authority agreement to enable the multilateral and automatic exchange of financial account information. The CRS will require financial institution...
132
annual_report
nl_ing_grp-AR_2012
2,575
Latin America 114 216 Net result from discontinued operations 548 684 414
12
annual_report
NatixisSA-AR_2004
1,463
E) Shareholders' advances NATEXIS INVESTMENT ASIA (Singapore) - 13,456,427.57 SPAFIC - 2,141,592.06 FINANCIERE CLADEL - NATEXIS MERCOSUL FUND - 8,027,645.77 SCI ALTAIR 1 - 6,276,887.28
25
annual_report
5855
1,688
Goodwill activity. Goodwill activity during 2020 and 2019 was as follows:
11
10K
2354
905
Junior Subordinated Debentures is classified as “Due to affiliate” and is junior to other securities in priority of payment.
19
10K
PhoenixGroupHoldingsPLC-AR_2014
1,221
– The AIP and LTIPs will operate (including the maximum award levels) as detailed in the general policy in relation to any newly appointed Executive Director.
26
annual_report
TrygAS-AR_2006
1,010
Costs that are directly associated with the production of identifiable and unique software products, for which there is sufficient certainty that future earnings will exceed costs for more than one year, are recognised as intangible assets. Direct costs include the software development team’s employee costs and an appr...
69
annual_report
BeazleyPLC-AR_2016
408
Net earned premiums 1,768.2 1,698.7 4% Net investment income 93.1 57.6 62%
12
annual_report
3150
1,329
taxable year of such corporation, if the gross amount of premiums or other consideration for the reinsurance or the issuing of insurance or annuity contracts exceeds 75% of the gross amount of all premiums or other consideration in respect of all risks. We cannot assure you that we or our non-U.S. subsidiaries will not...
168
10K
1251
372
Total shareholders' equity decreased 5% in 1999 compared to 1998. This decrease is primarily attributable to the loss included in accumulated other comprehensive income, which for the Company represents unrealized holding losses on securities which are carried at market value, decreasing shareholders equity $1,283,991 ...
62
10K
fr_axa-AR_2001
4,112
Years ended December 31, Life & Savings Property & Casualty International insurance Intersegment eliminations Total insurance
16
annual_report
nl_ing_grp-AR_2012
1,434
(1) The numbers of depositary receipts for shares reflect the shares held by the members of the Supervisory Board and their partners.
22
annual_report
SwissLifeHoldingAG-AR_2016
2,807
Swiss Life AG CHF 471 CHF 471 +4.200% 2012 2022 468 468
12
annual_report
NatixisSA-AR_2016
1,055
ended 12.31.2018. (1) Listed company. (2) Company outside Groupe BPCE. * Member of the Appointments Committee until February 9, 2017. (b) 2019 AGM called to approve the financial statements for the year
32
annual_report
5918
547
Claim and claim adjustment expense reserves: Claim and claim adjustment expense reserves, except reserves for structured settlements not associated with asbestos and environmental pollution (A&EP), workers' compensation lifetime claims and long term care claims, are not discounted and are based on i) case basis estimat...
171
10K
HelvetiaHoldingAG-AR_2011
985
For the purpose of impairment testing, goodwill is allocated at the time of acquisition to those cash generating units (CGU) that are expected to benefit from the business combination. To calculate any impairment loss, the value in use of the CGU is determined and compared to the carrying value. The value in use is cal...
107
annual_report
de_allianz-AR_2008
1,874
As an employer of choice we are keen to further promote workplace diversity within our organization, starting with addressing gender issues and career management. Women make up 52 % of our total workforce (56 % in 2007). While the ratio of women in management positions in general has 1) These and the following figures ...
61
annual_report
HannoverRueckSE-AR_2010
933
M an ag em en t re p or t social commitment
12
annual_report
5430
460
The increase in net cash provided by financing activities from $0.3 million in 2016 to $3.0 million in 2017 is primarily due to the receipt of $2.9 million and $0.5 million on notes receivable during 2017 and 2016, respectively.
39
10K
3400
726
Operating income decreased $5.7 million, or 3.3%, for the year ended December 31, 2007 compared to the year ended December 31, 2006, primarily the result of reduced investment income allocations associated with the universal life securitization transaction in 2007 and favorable unlocking in 2006, offsetting favorable m...
48
10K
Sampoplc-AR_1999
500
Average number of pcr~onnel 117 122 232 m SAMPO ANNUAL REPORT 1999 SAMPO ANNUAL REPORT 1999 m
17
annual_report
gb_prudential-AR_2007
329
In Asia, capital was invested to support sales at an average rate of £15 million per £100 million of APE sales.
21
annual_report
AegonNV-AR_2011
6,190
AEGON’s issued share-capital. Comparing the shareholding of Dodge & Cox with the first filing of Dodge & Cox with the United States Securities and Exchange Commission which related to AEGON on February 10, 2011, this is an increase of 0.5% compared to the situation at December 31, 2010.
48
annual_report
StorebrandASA-AR_2005
1,817
January 2004 and the new actuarial calculation of liabilities on 1 January 2004 has been applied directly to equity.
19
annual_report
Sampoplc-AR_2013
251
• Member of the Board of Directors of Sampo plc since 12 April 2012. • Sørlie holds 1,690 Sampo plc shares directly or through a controlled company.
27
annual_report
PosteItalianeSpA-AR_2016
6,611
Section 10 – Net provisions for risks and charges – Item 160 10.1 Net provisions for risks and charges: analysis
20
annual_report
1051
293
In addition to its expansion into this growing market for "large accounts," the Company also intends to expand through the acquisition of, or combination with, medical professional liability insurers that have a significant presence in states other than Alabama.
39
10K
fr_axa-AR_2019
7,510
Other debt (other than financing debt) – owed to credit institutions 1,862 1,460
13
annual_report
2734
796
Each month, we re-examine the previously established medical claims liability estimates based on actual claim submissions and other relevant changes in facts and circumstances. As the liability estimates recorded in prior
31
10K
1602
388
Net losses and LAE incurred increased $41.8 million to $122.8 million for the twelve months ended December 31, 2000 from $81.0 million for the twelve months ended December 31, 1999. The loss ratios were 102% and 69% for the twelve months ended December 31, 2000 and December 31, 1999, respectively. A loss ratio is defin...
146
10K
RSAInsuranceGroupPLC-AR_2011
735
Derek joined the Group as Group General Counsel and Group Company Secretary in July 2010 and has over 17 years experience in the insurance industry. From 2002, he served as Group General Counsel at Benfield Group Limited, where he was responsible for the global legal, company secretarial and compliance teams. Prior to ...
74
annual_report
AvivaPLC-AR_2016
362
We are adapting our strategies to reflect the distribution landscape in each market, whether that’s via direct, intermediaries or our partners, bringing simplicity and an effortless experience.
27
annual_report
ASRNederlandNV-AR_2014
879
The consolidated financial statements are presented in euros (€), being the functional currency of a.s.r. and all its group entities. All amounts quoted in the tables contained in these financial statements are in millions of euros, unless otherwise indicated.
39
annual_report
AegonNV-AR_2018
2,477
compared with 2017 to EUR 55 million in 2018, mainly as a result of higher earnings in the High-Net-Worth business.  Underlying earnings before tax from Asset Management increased by 12% in 2018 compared with 2017 to EUR 151 million. This increase was mainly driven by higher underlying earnings before tax in 2018 comp...
128
annual_report
5396
509
Underwriting Adjusted EBITDA declined by $2.1 million from 2016 to 2017 and by $1.7 million from 2015 to 2016. The declines were driven by the same factors discussed above under “Results.” See “-Specialty Insurance Investment Portfolio” for further discussion of the investment results and “-Non-GAAP Reconciliations” fo...
53
10K
fr_axa-AR_2005
1,220
In Belgium, the market benefited from a strong growth in 2005 (+18.5% compared to +13.4% in 2004). The upturn of the Unit-Linked market has been confirmed and even accelerated (+47%) while the Non UnitLinked market has grown substantially (+11.3%).
39
annual_report
AegonNV-AR_2002
942
Weighted average exchange rates applied for income statement items: US Dollar (USD) 0.94680 0.89540 0.92350 Pound Sterling (GBP) 0.62830 0.62130 0.60900 Canadian Dollar (CAD) 1.48470 1.38850 1.37450 Hungarian Forint (HUF) 242.88000 257.30000 260.05000 Taiwan Dollar (NTD) 32.77000 29.68200 28.78500
39
annual_report
AegonNV-AR_2002
652
EUR 15,923 million at December 31, 2001. The EUR 1,692 million decrease is primarily due to negative exchange rate differences of EUR 2,190 million, unrealized investment losses of EUR 1,560 million, net income of EUR 1,517 million after preferred dividend and paid-in capital on preferred stock of
47
annual_report
611
327
Commissions, premium taxes and other state assessments that vary directly with the Company's premium volume represented 22.0% and 20.6% of net premiums earned in 1996 and 1995, respectively. Certain other underwriting expenses, such as salaries, employee benefits, and other operating expenses vary indirectly with volum...
54
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008
826
Trends in selected markets Premium volume for business with our global clients and Lloyd’s, which toand at our subsidiaries gether with other business was booked in the restructured Global Clients and
31
annual_report
1611
571
The Company follows the procedure of reinsuring risks in excess of a specified limit, which ranged from $30,000 to $75,000 at December 31, 2000 and 1999. The Company is liable for these amounts in the event such reinsurers are unable to pay their portion of the claims. The Company has also assumed insurance from other ...
73
10K
2987
8,666
The weighted average health care cost trend rate used in measuring the accumulated postretirement benefit cost is 7.7% for 2007, gradually declining to 5.5% in 2010 and remaining at that level thereafter.
32
10K
5672
1,470
share of our common stock on the date such provisional award was approved. At the end of the performance period, eligible participants will receive
24
10K
Sampoplc-AR_2003
351
Exchange offer 7 February, 2001 Mandatum 4,754,255 91.46 consideration, A shares shareholders
12
annual_report
2318
452
The London Market division generated $315.3 million, or 16.3%, of our gross premiums written for the year ended December 31, 2002 as compared to $165.9 million, or 14.4%, of our gross premiums written for the year ended December 31, 2001. Gross premiums written by the London branch for the year ended December 31, 2002 ...
173
10K
2876
734
On February 1, 2005, we acquired Patterson//Smith Associates (“PSA”), an insurance brokerage operation. The aggregate preliminary purchase price of approximately $20.9 million, consisting of cash of $16.9 million, shares of our common stock valued at $2.0 million and debt issued of $2.0 million, was allocated primarily...
61
10K
4333
740
Net loss and loss adjustment expenses were $8,571,000 in 2011 compared to $6,426,000 in 2010. The net loss ratio was 57.6% in 2011 compared to 57.7% in 2010. Net losses in 2011 included the effects of Tropical Storm Irene in August 2011, which we define as a catastrophe. As a result of Tropical Storm Irene, we incurred...
80
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2018
778
Life and health underwriting risk The underwriting risk is defined here as the risk of insured benefits payable in life or health insurance business being higher than expected. Of particular relevance are biometric risks and policyholder-behaviour risks, such as lapses and lump-sum options. We differentiate between ris...
121
annual_report
4558
639
· Annuities segment operating income was $117.8 million for the year ended December 31, 2012, as compared to $79.4 million for the year ended December 31, 2011, an increase of $38.4 million. This variance included a favorable change of $41.2 million in operating revenue driven by higher policy fees and other income in ...
85
10K
gb_lloyds_banking_grp-AR_2008
1,540
Debt securities in issue and trading and other liabilities at fair value through profit or loss 73.4 9.1 – – 82.5
21
annual_report
INGGroepNV-AR_2006
1,803
In October 2005, ING Group acquired Eural NV from Dexia Bank Belgium. In the course of 2006, Eural is expected to be merged with ING Belgium’s unit Record Bank.
29
annual_report
NatixisSA-AR_2020
1,651
The Chief Executive Officer may delegate a portion of his powers to any corporate officer of his choosing, with or without the option of substituting one for another. In light of this fact, Natixis has a comprehensive system for assigning and monitoring delegations of power and of signing authority, which encompasses t...
92
annual_report
4952
1,419
The interest related to the debt by period as of December 31, 2014 was as follows: $2.0 million-less than 1 year, $4.3 million-1 - 3 years, $4.3 million-3 - 5 years and $29.7 million-more than 5 years.
37
10K
NatwestGroupPLC-AR_2017
6,669
Capital and risk management 201 Notes on the consolidated accounts 294 Parent company notes 340
15
annual_report
ScorSE-AR_2019
3,219
Note•13.2 REAL ESTATE FINANCING Real estate financing relates to the acquisition of investment property financed by bank loans of EUR 517 million (December 31, 2018: EUR 510 million), including real estate financing related to MRM property for EUR 78 million (December 31, 2018: EUR 75 million). The Group’s head office ...
84
annual_report
ch_zurich_insurance_group-AR_2006
651
The impact on the deferred policy acquisition cost asset of the change in unrealized gains or losses on investments is recognized through an offset to unrealized gains or losses at the balance sheet date.
34
annual_report
1262
257
Policy fees and other income for the year ended December 31, 1998 increased 4,047.3% or $4.5 million to $4.6 million from $0.1 million for the year ended December 31, 1997. This increase is almost entirely due to policy fee income generated by Graward which was acquired in May 1998.
49
10K
5777
1,196
In addition, the Company has net par exposure to the general obligation bonds of Puerto Rico and various obligations of its related authorities and public corporations aggregating $4.3 billion, all of which is rated BIG. Beginning in 2016, the Commonwealth and certain related authorities and public corporations have de...
91
10K
PowszechnyZakladUbezpieczenSA-AR_2012
1,104
5. Work aimed at optimization of claims handling area continued, to include:  progressing centralisation and optimisation of claims handling; initiating remote employment solutions as an alternative for office work;  implementing Assistance order handling platform and a platform allowing communication with seasonal l...
79
annual_report
5331
1,892
The Company’s impairment reviews for goodwill and intangible assets did not result in the recognition of impairment losses for 2016, 2015 and 2014.
23
10K
3737
1,625
Statutory-basis capital and surplus for our insurance and HMO subsidiaries was $7,181.0 and $7,642.8 at December 31, 2008 and 2007, respectively. Statutory-basis net income of our insurance and HMO subsidiaries was $2,705.3, $3,119.9 and $2,931.2 for 2008, 2007, and 2006, respectively.
41
10K
SwissLifeHoldingAG-AR_2012
2,213
adroit Investment (offshore) ltd., Grand Cayman Ins. CH 100.0% 100.0% CHF 0 adroit Partnerships (offshore) l.P., Grand Cayman Ins. CH 100.0% 100.0% CHF 6 580 swiss life Financial services (Cayman) ltd., Grand Cayman other 100.0% 100.0% CHF 50 swiss life Insurance Finance ltd., Grand Cayman other 100.0% 100.0% eur 5 1 s...
76
annual_report
5143
1,274
Net combined ratio. The net combined ratio is a measure of the overall profitability of our Lender Services segment. This is the sum of the net loss ratio and the net expense ratio. For the years ended December 31, 2015, 2014 and 2013, our net combined ratio was 86.5%, 89.3% and 85.1%, respectively. Our objective is to...
70
10K
AegonNV-AR_2000
599
Includes savings accounts and investment contracts (i.e. security lease products). Both products generate investment spread income for AEGON.
18
annual_report
AvivaPLC-AR_2020
1,197
Risk Committee Assists the Board in its oversight of risk by assessing the effectiveness of the Group’s Risk Management Framework, risk strategy, risk appetite and risk profile; the methodology used in determining the Group’s capital requirements and stress testing these requirements; assessing the adequacy of the Grou...
94
annual_report
5898
1,164
•Inability to obtain adequate ceded reinsurance on acceptable terms, amount of reinsurance coverage purchased, financial strength of reinsurers and the potential for nonpayment or delay in payment by reinsurers
29
10K
RSAInsuranceGroupPLC-AR_2015
2,142
RSA Annual Report and Accounts 2015 111Financial statements – Basis of preparation and significant accounting policies
16
annual_report
Sampoplc-AR_2005
2,007
Market shares of the lead managers of public bonds of Finnish issuers
12
annual_report
4065
898
(2)Equity securities consist solely of interests in mutual funds held to fund the Company's executive deferred compensation plan.
18
10K
StorebrandASA-AR_2006
213
Storebrand’s Swedish branch has so far focused on sales of traditional life and pension insurance products with guaranteed returns. In 2007, it will expand its activities to include mutual fund products. This will make Storebrand a complete alternative supplier in the Swedish market.
43
annual_report
4881
607
Local Group membership increased 44, or 0.3%, primarily due to new sales in several markets, partially offset by insured membership losses from strategic product portfolio changes in certain states, competitive pressure in certain markets and, we believe, affordability challenges affecting healthcare consumers in gener...
44
10K
fr_axa-AR_2016
7,571
DTA recognised on tax losses carried forward 10 8 4 1 9 - 99 306 1,120 1,558
17
annual_report
LloydsBankingGroupPLC-AR_2020
827
Long-term vision Efficient, scalable and resilient cloudbased architecture, supporting business transformation 2021 investment focus We have identified three key areas for strategic investment in 2021 to support our vision of delivering a modernised technology architecture: Further broaden self-service capabilities thr...
59
annual_report
StorebrandASA-AR_2010
928
Election Committee reviews the annual appraisal of the work of the
11
annual_report
468
417
PICO Holdings, Inc. and subsidiaries (the "Company") is predominately an insurance and investment company, specializing in life and health insurance, property and casualty insurance, portfolio investing and other services. As discussed in Note 3, Physicians Insurance Company of Ohio consummated a reverse merger transac...
177
10K
BaloiseHoldingLtd-AR_2011
1,286
109Financial Report Notes to the Consolidated Annual Financial Statements 4. CritiCal aCCounting prinCiples and estimation unCertainties The Consolidated Annual Financial Statements of the Baloise Group include estimates and assumptions, which could have an impact on the Annual Financial Statements of the next fiscal y...
79
annual_report
INGGroepNV-AR_2020
5,113
More than 2 years but less than 3 years 1,526 3,041
11
annual_report
SwissReAG-AR_2008
960
The two lead auditors representing the external auditor are also invited to Audit Committee meetings. The Head of Group Internal Audit and the two lead auditors of the external auditor are normally present in executive sessions of the committee.
39
annual_report
5920
571
Non-GAAP operating income (loss) attributable to Enstar ordinary shareholders is calculated by the addition or subtraction of certain items from within our consolidated statements of earnings to or from net earnings (loss) attributable to Enstar ordinary shareholders, the most directly comparable GAAP financial measure...
60
10K
AvivaPLC-AR_2015
1,918
UK General Insurance latent risks; • Launching Aviva Ventures, which made its first startup investment during the year; • Ranking highest in UK insurance sector for
26
annual_report
LloydsBankingGroupPLC-AR_2008
4,832
opinion In our opinion: – the parent company financial statements give a true and fair view, in accordance with IfRSs as adopted by the European Union as applied in accordance with the provisions of the Companies Act 1985, of the state of the parent company’s affairs as at 31 December 2008 and cash flows for the year t...
104
annual_report
fr_axa-AR_2017
4,777
Currency translation adjustment Others 17.2 FAIR VALUE MEASUREMENT OF FINANCING DEBT
11
annual_report
BaloiseHoldingLtd-AR_2015
3,160
Total income from interest and securities 15.1 16.6 3. OTHER INCOME
11
annual_report
5388
858
Of our real estate investments, excluding funds, 99% were located in the United States, with the remaining 1% located outside the United States, at December 31, 2017.
27
10K
RSAInsuranceGroupPLC-AR_2017
3,415
The accumulated amount in the cash flow hedge reserve, is reclassified to the consolidated income statement in the period in which the hedged cash flows affect profit or loss.
29
annual_report
5406
2,001
The update also amends existing external disclosure requirements, while easing internal documentation requirements surrounding hedge effectiveness testing. In particular, the initial quantitative effectiveness test may now be prepared within three months of hedge designation, and subsequent tests may be performed on a ...
128
10K
2844
1,518
• Mandatorily redeemable preferred securities of trusts holding solely the subordinated debentures of the Company-These securities were issued by five separate trusts that were established for the sole purpose of issuing the securities to investors, and are fully guaranteed by the Company. The debt that the Company iss...
84
10K
4566
414
Included in long-term debt held by the Company is the issuance of $9,279,000 in subordinated debentures completed on December 15, 2005. The proceeds from the debentures were used to make a $6,000,000 capital infusion in the P&C subsidiary National Security Fire and Casualty with the remainder to be held for general cor...
250
10K
5021
1,596
In 2014, the Company repurchased 18.5 million shares for $1.6 billion. The Company repurchased 13.6 million shares for $1.0 billion during 2013 and 4.4 million shares for $208 million during 2012.
31
10K
SwissReAG-AR_1957
14
The aggregate result of the technical departments remained nearly unchanged. In Fire insurance a normal growth in premium income was counterbalanced by re­
23
annual_report
gb_prudential-AR_1999
72
In the past few years we have consistently delivered superior investment returns to our shareholders. We will continue to maximise the value from our existing businesses and invest for the future. With a strong management team we are ideally placed to continue to deliver long-term out-performance.
46
annual_report
nl_ing_grp-AR_2010
1,335
Unrealised revaluations after taxation (1) 2,603 11,867 –18,485 Realised gains/losses transferred to profit and loss (1) 86 1,554 2,476 Changes in cash flow hedge reserve 475 –805 746 Transfer to insurance liabilities/DAC –1,644 –2,079 2,193 Exchange rate differences 2,884 59 –1,086 Other revaluations –3 –9 –23 Total a...
58
annual_report
ASRNederlandNV-AR_2015
3,368
Location kg CO2 per FTE kg CO2 per m² Emissions (tonnes of carbon dioxide equivalents)
15
annual_report
Sampoplc-AR_2009
1,103
A provision is recognised when the Group has a present legal or constructive obligation as a result of a past event, and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and the Group can reliably estimate the amount of the obligation. If it is expected t...
94
annual_report