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2 values
NatixisSA-AR_2015
2,826
The business lines carry out day-to-day counterparty risk monitoring and the Risk Division conducts second-level controls. Each month, the Risk Department submits an overview of its monitoring activities to Senior Management and the Risk Committee.
35
annual_report
BeazleyPLC-AR_2019
1,026
The Beazley inclusion and diversity steering group provides inclusion and diversity support for all employees and aims to foster open dialogue about gender, social, ethnicity, LGBT+, disability and parental/carer inclusion. Beazley currently has an LGBT+ network and young professionals network in place. In late 2019, B...
69
annual_report
2301
700
Savings plans for eligible employees and agents match employee contributions up to 6% of salary and agent contributions up to 2.5% of prior year paid commissions. Contributions to the plan were $1,437 (2002 -- $1,452; 2001 -- $1,459). The Company may contribute an additional profit sharing amount up to 4% of salary, de...
71
10K
ASRNederlandNV-AR_2016
5,100
Ch. 2.5.3 Investments: • Exclusion criteria for countries and companies • ESG Integration for best-in-class investments
16
annual_report
1818
315
Cadre Financial Services and Cadre Securities maintains its principal executive office at 905 Marconi Avenue, Ronkonkoma, New York 11779. Cadre Financial Services owns the office building. It consists of approximately 15,000 square feet of office space and storage.
38
10K
DirectLineInsuranceGroupPLC-AR_2019
709
The cover includes call out charges and costs for labour and materials. Landlords can rest assured in the knowledge that a plumber or electrician, among other tradesmen, could be at their property within hours, even when they’re not able to be there themselves. Tenants can also be authorised to ring us directly so ther...
71
annual_report
BaloiseHoldingLtd-AR_2004
955
Participating interests in associates are accounted for under the equity method (Baloise Group’s share in the intrinsic value of the participating interest) if the Baloise
25
annual_report
NatwestGroupPLC-AR_2014
6,958
- gain on sale of WorldPay (Global Merchant Services) — 37 —
12
annual_report
NatwestGroupPLC-AR_2005
962
Loans and advances to banks increased £4.9 billion, 7%, to £70.6 billion. Growth in reverse repurchase agreements and stock borrowing (“reverse repos”) up £7.3 billion, 21%, to £41.8 billion, were partially offset by a reduction in bank placings, down £2.4 billion, 8% to £28.8 billion.
45
annual_report
4240
717
In certain cases, we may be required to consolidate entities established as part of securitizations when we insure the assets or liabilities of those entities and in connection with remediations or renegotiations of insurance policies. These entities typically meet the definition of a VIE under accounting principles fo...
104
10K
BaloiseHoldingLtd-AR_2016
1,782
The currency effect of foreign currency bonds or insurance-related foreign currency liabilities and changes in the fair value of derivative financial instruments held for hedging purposes are always recognised in the income statement.
33
annual_report
3288
1,268
This table shows the major rating agencies' ratings of our debt at February 25, 2008:
15
10K
5663
1,883
The Company’s liability for income taxes includes the liability for unrecognized tax benefits and interest that relate to tax years still subject to review by the Internal Revenue Service or other taxing authorities. The completion of review or the expiration of the Federal statute of limitations for a given audit peri...
114
10K
AegonNV-AR_2011
5,660
EUR 303 million of the financial assets and other assets were pledged as collateral for liabilities and contingent liabilities for account of policyholders in 2011 (2010: EUR 459 million).
29
annual_report
NatwestGroupPLC-AR_2019
287
We issued our inaugural Social Bond, the first from a UK financial institution under ICMA’s Social Bond Principals, the proceeds of which finance or refinance lending to SME’s in some of the most deprived areas of the UK. We will measure the impact of our lending by the number of jobs created or retained.
54
annual_report
4107
1,476
Net income attributable to noncontrolling interests. Net income attributable to noncontrolling interests represents the portion of equity in a subsidiary attributable to third parties. The increase related to the initial public offering of our Canadian mortgage insurance business in July 2009 which reduced our ownershi...
67
10K
fr_axa-AR_2019
367
& Silenccio) were concluded successfully, with integration projects underway into a common ecosystem and several pilots with SME customers kicked-off ; ■ in Germany, the first three services were launched: whole-book factoring, purely digital factoring and leasing.
37
annual_report
3020
1,436
In September 2005, the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board (FASB) reached consensus on Issue No. 05-8, Income Tax Consequences of Issuing Convertible Debt with a Beneficial Conversion Feature (EITF 05-8). EITF 05-8 concludes that (i) the issuance of convertible debt with a bene...
145
10K
DirectLineInsuranceGroupPLC-AR_2016
2,847
Interest expense on subordinated liabilities 46.3 46.3 Net interest received on designated hedging instrument2 (8.0) (8.0) Unrealised (gain) / loss on designated hedging instrument2 (19.6) 4.5 Unrealised loss / (gain) on associated interest rate risk on hedged item2 17.8 (5.9) Amortisation of arrangement costs and disc...
56
annual_report
4113
599
On April 30, 2009, FTCC renewed and modified its loan agreement with the First National Bank of Muskogee, to increase the revolving loan amount to $3,600,000. The loan bears interest on the outstanding principal amount for each interest period at a rate per annum equal to the sum of the J.P. Morgan Chase Prime Rate at ...
118
10K
ch_zurich_insurance_group-AR_2007
987
Financial Report 2007 in USD millions, for the years ended December 31
12
annual_report
4473
7,300
Our debt securities portfolio consists primarily of investment grade publicly traded and privately placed corporate bonds, residential mortgage-backed securities (“RMBS”), commercial mortgage-backed securities (“CMBS”) and other asset-backed securities. As of December 31, 2011, our debt securities, with a fair value of...
48
10K
3198
1,131
Loss and loss expenses include both net paid losses and reserve changes for unpaid losses as well as the associated loss expenses. The change in the loss and loss expense ratio excluding catastrophe losses between 2004 and 2006 largely was due to pricing and loss cost trends. Increased loss severity was seen primarily ...
185
10K
NatwestGroupPLC-AR_2008
1,132
Industry risk – geographical analysis (audited) The following table analyses financial assets by location of office and by industry type.
20
annual_report
1597
5,088
Consists of loans which have had their maturity date extended for a period of less than one year.
18
10K
AvivaPLC-AR_2010
921
— Certain subsidiaries, subject to continuing to satisfy stand-alone capital and liquidity requirements, loan funds to corporate and holding entities. These loans satisfy arms length criteria and all interest payments are made when due.
34
annual_report
fr_axa-AR_2006
5,496
Letters of credit amounted to €1,233 million at December 31, 2006, mainly relating to the life insurance and reinsurance business in the United States (€1,132 million, representing a decrease of €135 million or €268 million at constant exchange rates).
39
annual_report
3618
1,546
We have excluded from such table amounts already recorded in our current liabilities on our consolidated balance sheet as of December 31, 2007. We have also excluded from such table various contracts we have entered into with our health care providers, health care facilities, the federal government and other contracts ...
106
10K
AdmiralGroupPLC-AR_2016
1,250
Pay for performance The following graph sets out a comparison of Total Shareholder Return (TSR) for Admiral Group plc shares with that of the FTSE 100 and 350 indices, of which the Company is a constituent, over the eight-year period to 31 December 2016. The Directors consider these to be the most appropriate indices a...
75
annual_report
NatixisSA-AR_2016
4,458
and Cash Management stood at €1,219 million in 2016, up 18%
11
annual_report
ASRNederlandNV-AR_2011
450
Core values provide moral compass ASR wants to be known as a company that seeks to fundamentally change the nature of customer relations. The key word here is trust. The idea is that an intensive process of cultural change will provide ASR employees with the tools they need to consciously behave in the spirit of ASR’s ...
68
annual_report
HannoverRueckSE-AR_2018
3,326
Tax expense / income not attributable to the reporting period (26,752) (42,861)
12
annual_report
5855
1,709
The non-cash impact of adopting the new lease guidance in 2019 was an increase of Other assets of $615 million and an increase to Accrued expenses and other liabilities of $630 million.
32
10K
gb_lloyds_banking_grp-AR_2018
5,221
Widening of credit default spreads on corporate bonds8 0.25% addition (364) (303) (235) (195)
14
annual_report
4523
3,519
In 2011, we began purchasing certain RMBS securities that had experienced deterioration in credit quality since their issuance. We determined, based on our expectations as to the timing and amount of cash flows expected to be received, that it was probable at acquisition that we would not collect all contractually requ...
205
10K
SwissReAG-AR_2012
235
In fact, Farmsecure is looking to go one step further: by creating sustainable and profitable agricultural enterprises, its ultimate goal is to help secure the world’s food supply. The company works with farmers to manage their entire value chain. It applies precision farming techniques for increased yield, supplies wo...
69
annual_report
AdmiralGroupPLC-AR_2018
192
Maintain our focus on efficient claims management and pricing to underwrite profitable business, a cost conscious culture and great customer service.
21
annual_report
2202
1,185
Real estate to be disposed of is carried at the lower of its carrying value at the time of classification as “to be disposed of” or fair value less estimated selling costs.
32
10K
NatixisSA-AR_2011
2,142
Since April 7, Philippe Queuille has been BPCE’s Chief Executive Offi cer(2) in charge of operations and reorganization of the central body, and a member of the BPCE Management Board.
30
annual_report
5885
766
We account for our common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification, or ASC Topic 480 “Distinguishing Liabilities from Equity.” Common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionall...
142
10K
3398
1,371
Rent expense for the years ended December 31, 2007, 2006 and 2005, was $25.9 million, $25.3 million and $24.9 million, respectively.
21
10K
fr_axa-AR_2014
6,164
(market observable inputs): ■ assumed to be used by pricing services or; ■ used by the Group in the limited cases of application of mark to model valuations.
28
annual_report
TrygAS-AR_2007
1,666
Paid in the financial year in respect of the current year -5,786 -139 -5,647 Paid in the financial year in respect of prior years -5,343 -348 -4,995
27
annual_report
TopdanmarkAS-AR_2012
287
EPSI survey across most major insurance companies. For the last two years Topdanmark has been the insurance company that has achieved the highest growth in customer satisfaction in this survey.
30
annual_report
1238
435
Consolidated Statements of Changes in Shareholders' Equity and Comprehensive Income (Deficit)
11
10K
NatixisSA-AR_2005
2,704
Provisions are booked for all subsdiaries’ commitments not covered by insurance policies.
12
annual_report
fr_axa-AR_2006
4,283
b) Treasury shares At December 31, 2006, the Company and its subsidiaries owned approximately 30 million AXA shares, a decrease of 137 million with respect to December 31, 2005. The decrease was mainly due to the exercise of AXA stock options by employees of AXA Financial, which led to the sale of 6 million treasury sh...
59
annual_report
LloydsBankingGroupPLC-AR_2019
6,136
Other (charge) credit to equity – – – – (5) – – (5)
13
annual_report
1062
396
Our business plan for our reinsurance activities provides that one of our principle targets is reinsuring blocks of in-force fixed annuities issued by insurers that are no longer actively writing
30
10K
HiscoxLtd-AR_2016
1,512
The largest counterparty exposure within the AAA rating at 31 December 2016 and 2015 is the German government. For the AA rating it is with the US Treasury at both 31 December 2016 and 2015. A significant proportion of other/non-rated assets are rated BBB and BB at both 31 December 2016 and 2015.
53
annual_report
INGGroepNV-AR_2010
2,920
During 2010 strengthening of ING balance sheet continued. In 2010 ING continued to reduce the exposure on the ABS portfolio by means of sales (primarily sales of CMBS) and limiting the reinvestments in ABS to agency paper only. Because of the strengthening of the US Dollar and the improvements in the revaluation reserv...
68
annual_report
TrygAS-AR_2015
223
For this business area, Tryg is prepared for more substantial fluctuations in premium income due to the competitive situation and the focus on having a profitable portfolio. The Swedish business saw a 3.1%
33
annual_report
3137
1,642
Expenses - Our expense ratio increased by 0.9 points in 2006 compared with 2005, reflecting increased near-term investment in technology and costs related to the implementation of our process improvement efforts. Higher agent bonus commission expenses, driven by increased dwelling fire new business and better-than-anti...
59
10K
5077
2,031
As of December 31, 2015, approximately 31%, 13% and 56% of the net asset is scheduled to settle in 2016, 2017 and thereafter, respectively. The net market value of the assets/liabilities will vary with changing market conditions to the extent there are no corresponding offsetting positions.
46
10K
885
200
CalFarm Insurance owns its home office building consisting of 133,000 square feet (and surrounding property of approximately 4 acres) in Sacramento, California.
22
10K
ScorSE-AR_2012
2,437
Distribution of capital (number of shares, % of capital and voting rights) – (i) shareholders having more than 2.5 % of the registered capital and/or voting rights and (ii) shareholders represented on the Board of Directors (on the basis of a study of identifiable share bearers ("Titres aux Porteurs Identifiables" – "T...
76
annual_report
2255
3,753
Pension. The Company sponsors a defined benefit pension plan which is valued annually by an actuary. The valuation is dependent on significant assumptions. One significant assumption is the expected long-term rate of return on plan assets. The use of expected long-term rates of return may result in recognized returns t...
133
10K
5321
1,559
Taxes. Income tax benefit for the year ended December 31, 2016 was $999 million, or 512% of income (loss) from continuing operations before provision for income tax, compared with income tax expense of $2.1 billion, or 29% of income (loss) from continuing operations before provision for income tax, for the year ended D...
327
10K
AegonNV-AR_2019
10,173
Authorized Control Level (ACL)‍ is the level US regulators are permitted to seize control of a company.
17
annual_report
SwissLifeHoldingAG-AR_2005
1,674
Investment contracts without discretionary participation features – – 89 231 89 231
12
annual_report
2051
883
At December 31, 2002, substantially all activities related to the restructuring initiatives were complete; however, structured severance packages will not be completely paid out until the first quarter of 2003.
30
10K
5638
1,362
Total premiums written decreased by $4.0 million, or 2.8%, to $139.8 million, driven by lower sales of Commercial Package products, mostly the result of selective and disciplined underwriting of Commerical risks.
31
10K
3216
500
We utilize a conservative investment philosophy. Substantially the entire fixed maturity securities portfolio is investment grade, having a weighted-average Standard & Poor’s credit quality of “AA”. No derivatives are held in our investment portfolio and there were no publicly traded equity securities at December 31, 2...
80
10K
HiscoxLtd-AR_2004
213
Internal audit is also responsible for making recommendations at all levels where risk management may be usefully improved and for reporting the acceptance and implementation of significant recommendations to the Audit Committee.
32
annual_report
AegonNV-AR_2011
4,244
All of the issuers in the sovereign sector continue to make payments in accordance with the original bond agreements.
19
annual_report
HiscoxLtd-AR_2007
629
Earnings per share on profit attributable to equity shareholders of the Company
12
annual_report
3781
1,625
Ceded unpaid losses and loss adjustment expenses were $690.2 million, $643.5 million and $739.0 million as of December 31, 2008, 2007 and 2006, respectively. The increase in ceded unpaid losses and loss adjustment expenses for the year ended December 31, 2008 was attributable to a $62.9 million increase in unpaid reins...
121
10K
5089
1,912
The following tables present, at December 31, 2015 and 2014, for each of the fair value hierarchy levels, Legacy Willis’ UK pension plan assets that are measured at fair value on a recurring basis.
34
10K
PhoenixGroupHoldingsPLC-AR_2017
11
These icons are used throughout the report to navigate to more information: PHOENIX IS THE LARGEST UK CONSOLIDATOR OF CLOSED LIFE ASSURANCE FUNDS, WITH 5.6 MILLION POLICYHOLDERS.
27
annual_report
CNPAssurancesSA-AR_2013
197
helping caisses d’Epargne to fulfil their commitment to offering insurance solutions for all CnP Assurances’s innovations support the Caisses d’epargne network’s policy of offering insurance solutions for all, without excluding anyone.
31
annual_report
StandardLifeAberdeenPLC-AR_2017
4,421
(a) Methodology used to determine fair value of assets and liabilities The fair value hierarchy, and the methods and assumptions used to determine fair value by the Company are aligned with the Group, as detailed in Note 41 of the Group financial statements, with the following exceptions: Investments in subsidiaries at...
107
annual_report
4828
745
The Company provides credit protection products to the U.S. and international public finance (including infrastructure) and structured finance markets. The Company applies its credit underwriting judgment, risk management skills and capital markets experience to offer financial guaranty insurance that protects holders ...
183
10K
4826
552
The following is a reconciliation of our total Net Premiums Written to Net Premiums Earned for the years ended December 31, 2012 and 2011:
24
10K
5782
2,147
Some of the Company's derivatives are designated as cash flow hedges, fair value hedges or net investment hedges; however, other derivatives do not qualify for hedge accounting or the Company elects not to designate them as accounting hedges.
38
10K
StandardLifeAberdeenPLC-AR_2015
3,579
SLA Belgium No. 1. SA Luxembourg Ordinary Shares 100% SLA Germany No. 1 S.a.r.l Luxembourg Ordinary Shares 100%
18
annual_report
5543
1,311
A summary of option activity during the years ended December 31, 2018, 2017 and 2016 is as follows:
18
10K
2097
3,233
The Company owns 19.9% of the common stock of AMIC, and has tendered for approximately 12% more of AMIC's outstanding shares. AMIC is an insurance holding company that is currently engaged in the Medical Stop-Loss business through Independence American and the AMIC MGUs. IHC anticipates that AMIC will earn meaningful i...
53
10K
4196
972
During the years ended December 31, 2010, 2009, and 2008, the Company recognized $2.2 million, $2.8 million, and $0.6 million in amortization expenses, respectively. These amortization expenses are included in the accompanying consolidated statements of income in underwriting and other operating expenses. Amortization ...
60
10K
NatixisSA-AR_2012
1,051
(c) It is not possible to isolate days of sick leave related to occupational illness.
15
annual_report
TrygAS-AR_2017
24
Tryg presented new financial targets and customer targets for 2020 at Capital Markets Day
14
annual_report
3715
1,159
Consolidated Statements of Operations For the Years Ended December 31, 2008, 2007 and 2006
14
10K
SwissReAG-AR_2009
2,404
The shares received by the remaining members of the Board of Directors have a four-year deferral period. The share price as of 29 February 2008 of CHF 84.10 and the share price as of 15 May 2009 of CHF 36.00 were used for calculating the number of shares awarded based on the amount of the fee received in shares. There ...
84
annual_report
4454
277
Deferred income taxes comprised 2% of the Company’s total liabilities at December 31, 2011. Deferred income taxes reflect the effect of temporary differences between assets and liabilities that are recognized for financial reporting purposes and the amounts that are recognized for tax purposes. These deferred income ta...
97
10K
ch_zurich_insurance_group-AR_2016
253
In 2016, Zurich’s UK business paid about GBP 2 billion in claims. Our UK life business (which includes critical illness) paid 94 percent of claims. The UK property and casualty business paid 99 percent of personal lines motor claims, 94 percent of personal lines property claims, and 99 percent of commercial claims.
52
annual_report
5909
804
•under the Amended LLC Agreement, BRP’s LLC Members have the right to require BRP to redeem all or a portion of their LLC Units for, at BRP Group’s election, newly-issued shares of Class A common stock on a one-for-one basis or a cash payment;
44
10K
2514
685
We continue to monitor and analyze our experience under our remaining life and annuity reinsurance agreements. During the year 2003, we decreased our reserves associated with variable annuity reinsurance
29
10K
4417
580
See Note 3 to the Consolidated Financial Statements set forth in Item 8 of this Form 10-K Report for further details concerning gross unrealized investment losses for debt and equity securities as of December 31, 2011.
36
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
1,332
The Munich Re Group’s risk management is uniformly structured for reinsurance, primary insurance and asset management, and applies Group-wide. This permeating structure is flexible and can be adjusted to current situations where required. Key features of our risk management system are centralised organisation and decen...
63
annual_report
PhoenixGroupHoldingsPLC-AR_2017
354
PRIORITIES FOR 2018 – Continue to attract and retain the very best talent by focusing on developing our people and strengthening our internal succession pipeline by the implementation of an online performance management succession planning tool.
36
annual_report
AegonNV-AR_2018
1,615
Global Information Security Policy • Sets out Company’s approach to cyber threats and data protection • Applies to all Aegon businesses • Supported by mandatory training in data and cyber security
31
annual_report
INGGroepNV-AR_2020
2,155
To arrive at the economic capital for market risk, a simulation-based model is used which includes scaling to the required confidence level and holding period. In determining this scaling factor, other factors are also taken into account like the occurrence of large market movements (events).
45
annual_report
500
465
Investments--Fair values for fixed maturities and equity securities were generally based on quoted market prices or dealer quotes. The fair value of investments in limited partnerships, which were included in other invested assets on the balance sheet, was determined by reviewing available financial information of the ...
113
10K
ScorSE-AR_2018
2,619
Note 13 – Financial liabitilties. (8) Cash used to redeem financial liabilities includes the redemptions of 2 debts CHF 315 million and CHF 250 million (EUR 350 million and CHF 650 million in 2016). See Note 13 – Financial liabitilties.
40
annual_report
LloydsBankingGroupPLC-AR_2017
1,956
Directors’ indemnities The Directors of the Company, including the former Directors who retired during the year, have entered into individual deeds of indemnity with the Company which constituted ‘qualifying third party indemnity provisions’ for the purposes of the Companies Act 2006. The deeds indemnify the Directors ...
99
annual_report
1097
480
Total closings increased 48.9% in 1998 and 3.2% in 1997. The average revenue per closing decreased 1.9% in 1998 and increased 4.4% in 1997. The average rate was increased each year by higher home prices, offset in 1998 by a large number of refinancings with their lower premiums. A 3% reduction in Texas title premiums b...
89
10K
gb_lloyds_banking_grp-AR_2019
2,729
Threshold: +5% vs. 2021 UK Norm Maximum: +2% vs. 2021 UK High Performing Norm 1 FCA reportable complaints per 1,000 accounts.
21
annual_report
5387
1,159
$12 million of net favorable prior year reserve development on marine business, driven by better than expected loss emergence, primarily driven by reductions in mid-size loss estimates impacting accident year 2015.
31
10K
3998
4,084
The Company has evaluated subsequent events through February 26, 2010, the date of issuance of the financial statements.
18
10K
de_allianz-AR_2013
181
5 Based on net income from continuing operations after non-controlling interests. 6 Based on average shareholders‘ equity. Average shareholders‘ equity has been calculated based upon the average of the current and the preceding year’s shareholders’ equity as of 31 December.
40
annual_report
HannoverRueckSE-AR_2019
1,108
The issue of “Operational environmental protection” has a particular connection with the aspect “Environmental matters ”.
16
annual_report