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3474
699
The Debentures issued by APCapital mature in 30 years and bear interest at an annual rate equal to the three-month LIBOR plus 4.10% for the first trust issuance, and three-month LIBOR plus 4.20% for the second trust issuance, payable quarterly. The interest rate is adjusted on a quarterly basis provided that prior to M...
189
10K
5131
1,668
Diluted net income or loss per common share is defined as net income or loss attributable to PartnerRe Ltd. common shareholders divided by the weighted average number of common shares and common share equivalents outstanding, calculated using the treasury stock method for all potentially dilutive securities. Net income...
134
10K
NatixisSA-AR_2019
11,269
Board members, including natural and legal persons, owned 70,64% of Natixis’ capital at December 31, 2019 (of which almost all is owned by BPCE).
24
annual_report
gb_prudential-AR_2015
895
Prudential. As such, material risks will be retained only where this is consistent with the Group’s risk appetite framework and its philosophy towards risk-taking.
24
annual_report
3644
824
We use a four year averaging method to determine the market-related value of plan assets, which is used to determine the expected return component of pension benefit cost. Under this methodology, asset gains or losses that result from returns that differ from our long-term rate of return assumption are recognized in th...
65
10K
RaiffeisenBankInternationalAG-AR_2018
2,942
Other financial liabilities 0 0 510,743 510,743 524,268 (12,243) 1 Affiliated companies which are not fully consolidated due to immateriality are recognized at cost less impairment. Level I Quoted market prices Level II Valuation techniques based on market data Level III Valuation techniques not based on market data
48
annual_report
ASRNederlandNV-AR_2015
2,932
To confirm that they will observe and apply the a.s.r. Code of Conduct, all employees swear an oath or make a solemn affirmation that they will perform their duties with due care and integrity. The deadline for all employees having taken an oath or solemn affirmation is 1 April 2016. At year-end 2015, 70% of all employ...
60
annual_report
2175
1,107
Premiums are recognized as revenue ratably over the term of the respective policies. Unearned premiums are computed to the day of expiration. Premium suspense is recorded in Other Liabilities in the accompanying balance sheets.
34
10K
4991
798
Although depreciations and amortization expense are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future;
22
10K
2824
1,296
Future policy benefits for non-participating traditional life insurance policies are equal to the aggregate of the present value of future benefit payments and related expenses less the present value of future net premiums. Assumptions as to mortality and persistency are based upon the Company's experience when the bas...
77
10K
4300
1,240
The following tables present the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of December 31, 2010 and 2009.
27
10K
nl_ing_grp-AR_2016
433
We will fund this journey and respond to headwinds on the economic growth and regulatory fronts through additional cost management and income diversification.
23
annual_report
4323
1,161
In October 2010, the FASB amended the general accounting principles for Financial Services - Insurance as it relates to accounting for costs associated with acquiring or renewing insurance contracts. This amendment clarifies that only those costs that result directly from and are essential to the contract transaction a...
114
10K
Sampoplc-AR_2004
366
The average number of Sampo Group’s staff was ,972 in 2004, compared with 5,529 in 2003. The number of employees increased significantly when the staff of If P&C Insurance joined the Group.
32
annual_report
4221
5,403
In a declining interest rate environment, the Company's cost of funds would be expected to decrease over time, reflecting lower interest crediting rates on its fixed annuities. Conversely, in an increasing interest rate environment, the cost of funds would be expected to increase, reflecting higher interest crediting r...
109
10K
gb_prudential-AR_2008
2,740
Movement in the year of directly held investments, net of derivative liabilities 1,497 2,724 164 4,385
16
annual_report
RSAInsuranceGroupPLC-AR_2009
1,739
Additional information with respect to the Sharesave Plan at 31 December is as follows: number of shares weighted average exercise price*
21
annual_report
gb_lloyds_banking_grp-AR_2001
46
Efficiency ratio improved to 42.9 per cent compared with 43.4 per cent in 2000.
14
annual_report
AegonNV-AR_2009
4,945
Other than the Executive Board members, there were no employees employed by AEGON N.V. in either 2009 or 2008.
19
annual_report
TrygAS-AR_2007
1,136
Group has therefore allocated reinforcements to this area, including extra backup from claims experts and additional suppliers who can help repair the damage. New initiatives, however, lead to higher costs: “If the number of claims continues to rise, insurance premiums will follow suit, but we’re not there yet. We’ve n...
141
annual_report
4278
2,354
Total net investment income decreased largely due to equity securities, trading, resulting primarily from declines in market performance of the underlying investment funds supporting the Japanese variable annuity product. Total net investment income, excluding equity securities, trading, increased primarily due to impr...
126
10K
Sampoplc-AR_2018
1,177
Investment Fund Managers Directive (AIFMD), which determines the principles and documentation requirements of the valuation process.
16
annual_report
5039
1,101
On March 5, 2014, we closed an underwritten public offering of 4,600,000 shares of our common stock. Our total net proceeds from the offering were approximately $54,041,000.
27
10K
3346
655
The following income statement data for the years ended December 31, 2007, 2006 and 2005 and balance sheet data as of December 31, 2007 and 2006 are derived from our audited financial statements, which are included elsewhere in this report. The following income statement data for the years ended December 31, 2004 and 2...
87
10K
5796
814
At December 31, 2019 and 2018, there were no valuation allowances recorded. Based upon the Company’s historical results of operations, the existing financial condition of the Company and management’s assessment of all other available information, management believes that it is more likely than not that the benefit of t...
56
10K
HannoverRueckSE-AR_2006
608
New investments were made primarily in short- or medium-duration instruments. Unrealised losses in our portfolio of fixed-income securities totalled EUR 133.1 million, compared to gains of EUR 56.2 million in the previous year.
33
annual_report
AvivaPLC-AR_2006
498
The project has begun with Ashfield School in Nottinghamshire, where we are building a state-of-the-art workshop equipped with the latest vehicle technology.
22
annual_report
ch_zurich_insurance_group-AR_2019
3,483
Net written premiums and policy fees 26,362 26,465 13,958 13,717 882 916 – 5 50 129 – – 41,251 41,230 Net change in reserves for unearned premiums (754) (34) (275) (202) 59 (1) – – 21 12 – – (949) (224)
41
annual_report
ScorSE-AR_2012
1,393
(2) Pro-rata of 50%: linear acquisition throughout the period in 2012 and 2010, TARe impact pro-rata temporis in 2011
19
annual_report
AvivaPLC-AR_2010
590
General insurance and health underwriting cycle Our general insurance and health business is comprised of our property and casualty insurance and health insurance operations. In 2010, general insurance accounted for 28% of Group net written premiums from continuing operations. Demand for general insurance is usually pr...
289
annual_report
899
98
Consolidated Statements of Share-Owner's Equity for the years ended December 31, 1998, 1997, and 1996
15
10K
4740
820
The Company’s financing receivables include commercial and residential mortgage loans, syndicated loans and policy loans. Syndicated loans are reflected in other investments. Policy loans do not exceed the cash surrender value of the policy at origination. As there is minimal risk of loss related to policy loans, the C...
78
10K
RaiffeisenBankInternationalAG-AR_2020
1,790
Return on equity before tax 10.8% 12.5% (1.8) PP 9.7% 6.9% 2.8 PP
13
annual_report
SwissLifeHoldingAG-AR_2010
3,368
On 1 October 2008 Klaus G. Leyh was appointed Chief Executive Officer of Swiss Life in Germany (CEO Germany ) and Member of the Swiss Life Group’s Corporate Executive Board.
30
annual_report
LloydsBankingGroupPLC-AR_2016
4,385
The latest full valuations of the three main schemes were carried out as at 30 June 2014; the results have been updated to 31 December 2016 by qualified independent actuaries. The last full valuations of other Group schemes were carried out on a number of different dates; these have been updated to 31 December 2016 by ...
59
annual_report
5907
1,153
The SARs give the holder the right to cash compensation based on the difference between the stock price on the grant date and the stock price on the exercise date. The SARs vest at a rate of 20% per year for five years and expire five years after vesting. All remaining SARs expired on May 1, 2020.
57
10K
ASRNederlandNV-AR_2011
150
portfolio will potentially show less growth as the financial markets recover.
11
annual_report
1881
690
The Unrealized net capital gains on fixed income and equity secu rities at December 31, 2002 were $3.07 billion, an increase of $1.56 billion or 103.2% since December 31, 2001. Included in net unrealized gains are unrealized losses of $405 million. Unrealized losses were primarily concentrated in the corporate fixed in...
185
10K
5109
953
In July 2014, IlliniCare Health began operating under a new contract with the Cook County Health and Hospitals System to perform third party administrative services to members enrolled in the CountyCare program, as well as care coordination, behavioral health, vision care and pharmacy benefit management services.
46
10K
5618
896
The Company uses put options, call options and swap contracts in order to mitigate the impact of potential changes in market conditions on the merger arbitrage trading account. These options and contracts are reported at fair value. As of December 31, 2018, the fair value of long option contracts outstanding was $37 th...
95
10K
5153
1,774
Impairments recognized on real estate and real estate joint ventures were $93 million, $20 million and $10 million for the years ended December 31, 2015, 2014 and 2013, respectively. Depreciation expense on real estate investments was $162 million, $199 million and $179 million for the years ended December 31, 2015, 20...
72
10K
LloydsBankingGroupPLC-AR_2019
6,332
Other share option plans Lloyds Banking Group Executive Share Plan 2003 The Plan was adopted in December 2003 and under the Plan share options may be granted to senior employees. Options under this plan have been granted specifically to facilitate recruitment (to compensate new recruits for any lost share awards) , and...
74
annual_report
HannoverRueckSE-AR_2020
122
The catastrophe risk provision for pharmaceutical product liability is calculated in accordance with § 30 (1) of the Regulation on the Regulation on the Accounting of Insurance Undertakings (RechVersV).
29
annual_report
TopdanmarkAS-AR_2009
695
TECHNICAL PROFIT / (LOSS) ON LIFE INSURANCE 98 41 21 (41) 123 Profit / (loss) on investment activities after transfer to technical results 493 775 67 (1,765) 878
28
annual_report
AssicurazioniGeneraliSpA-AR_2015
3,442
N e t g a in s a n d l o s s e s r e c o g n iz e d i n P
28
annual_report
AegonNV-AR_2018
6,392
Non-cumulative subordinated notes Coupon rate Coupon date, as of Year of next call 2018 2017
15
annual_report
2844
1,602
Environmental Reserves. In establishing environmental reserves, the Company evaluates the exposure presented by each policyholder and the anticipated cost of resolution, if any. In the course of this analysis, the Company considers the probable liability, available coverage, relevant judicial interpretations and histor...
270
10K
5514
208
The $7,041 decrease in general and administrative expenses from $125,757 during the year ended April 30, 2017 to $118,216 during the year ended April 30, 2018 was due to decreased legal, accounting and audit fees only partially offset by an increase in transfer agents fees arising from the cost of changing transfer age...
56
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013
2,779
Associates accounted for at fair value “PORT ELISABETH” GmbH & Co. KG, Hamburg 31.9660 “PORT LOUIS” GmbH & Co. KG, Hamburg 25.8178 “REISEGARANT” Gesellschaft für die Vermittlung von Insolvenzversicherungen mbH, Hamburg 24.0000 Agricultural Management Services S.r.l., Verona 33.3333 Assistance Partner GmbH & Co. KG, Mun...
50
annual_report
gb_prudential-AR_2018
1,424
The Group-wide cyber assurance programme, which is based on standards like the NIST Cyber Security Framework, became operational in 2018. It has provided valuable insights regarding our capabilities and performance in the way we manage cyber risk across the business. The information and analysis provided by the Group-w...
100
annual_report
de_allianz-AR_2007
1,662
DAC generally consist of commissions, underwriting expenses and policy issuance costs, which vary with and are directly related to the acquisition and renewal of insurance contracts. These acquisition costs are deferred, to the extent they are recoverable, and are subject to recoverability testing at the end of each ac...
50
annual_report
AvivaPLC-AR_2005
1,320
(5) Dividend recognition Under UK GAAP, dividends are accrued in the period to which they relate, regardless of when they are declared and approved. Under IAS 10, Events after the Balance Sheet Date, shareholders’ dividends are accrued only when declared and appropriately approved. This has increased shareholders’ fund...
62
annual_report
2061
955
We establish deferred income taxes on the undistributed earnings of foreign subsidiaries. Similarly, we establish deferred tax assets related to the expected future U.S. tax benefit of losses and foreign taxes incurred by our foreign subsidiaries. In the last three years, Chubb Insurance Company of Europe (Chubb Europe...
80
10K
5881
1,150
At December 31, 2020 and 2019, our investment portfolio of primarily investment-grade bonds, common stock, short-term investments and cash totaled $1.3 billion and $1.2 billion, respectively, representing 61.3% and 60.3%, respectively, of our total assets. See “Business - Investments” for more information.
42
10K
2313
1,234
The Hartford is not exposed to any credit concentration risk of a single issuer greater than 10% of the Company's stockholders' equity.
22
10K
ScorSE-AR_2008
1,005
Professional address: SCOR SE 1, avenue du Général de Gaulle 92800 Puteaux
12
annual_report
AegonNV-AR_2004
2,661
At the end of the plan term it was determined that the average AEGON share price performance compared with those of the peer group (based on the share price performance over 2001, 2002, and 2003) ranked in the bottom group, as a result of which each Executive Board member received 50,000 SARs in 2004.
54
annual_report
4303
1,190
“Level 1” - Valuations are based on unadjusted quoted prices in active markets for identical, unrestricted assets. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these assets does not involve any meaningful degree of judgment. An active market is d...
102
10K
4998
1,209
On July 14, 2005, KLROC Trust completed its public offering of C$78.0 million of 5.0% LROC preferred units due June 30, 2015 of which the Company was a promoter. KLROC Trust's net proceeds of the public offering was C$74.1 million.
40
10K
2602
468
companies. For the year ended December 31, 2004, the total commissions and fees earned by our retail agencies were $44.9 million, of which approximately $9.3 million, or 20.6%, was paid to us by unaffiliated companies and not eliminated in consolidation.
40
10K
3243
2,911
courts have denied Metropolitan Life’s motions to dismiss. There can be no assurance that Metropolitan Life will receive favorable decisions on motions in the future. While most cases brought to date have settled, Metropolitan Life intends to continue to defend aggressively against claims based on asbestos exposure.
47
10K
nl_ing_grp-AR_2015
2,537
As at 31 December 2015, Non-trading derivatives includes EUR 103 million (2014: EUR 180 million ) and EUR 58 million (2014: nil) related to warrants on the shares of Voya and NN Group respectively. Reference is made to Note 11 ‘Assets and liabilities held for sale’, Note 25 ‘Valuation results on non-trading derivatives...
58
annual_report
4288
932
We did not realize any significant gains or losses on sales of marketable securities during the years ended December 31, 2009 and 2010.
23
10K
3955
1,381
Ben Bridge Jeweler, Borsheims, Helzberg Diamond Shops, Jordan’s Furniture, Nebraska Furniture Mart, See’s Candies, Star Furniture and R.C. Willey
19
10K
GjensidigeForsikringASA-AR_2020
3,752
Net realised/ unrealised gains recognised in profit or loss Purchases Sales Settle- ments
13
annual_report
1986
470
Gross account withdrawals, amounted to $1,015 million in the year ended December 31, 2002 and $1,313 million in the year ended December 31, 2001. These withdrawals include contractually scheduled maturities of traditional guaranteed investment contracts totaling $183 million in the year ended December 31, 2002 and $171...
90
10K
gb_lloyds_banking_grp-AR_2010
4,542
Overview Business review Governance Financial statements Other information 153 Group profile 1
12
annual_report
PowszechnyZakladUbezpieczenSA-AR_2017
2,316
PLN 60 jan feb mar apr may jun jul aug sep oct nov dec
14
annual_report
NatwestGroupPLC-AR_2016
2,009
Notes: (1) The Committee also considered recommendations from the BRC and concluded it would be appropriate to apply the risk and financial performance underpin in respect of the above awards. This resulted in downward discretion being applied to reduce the final vesting outcome from 56% to 50%. (2) The maximum number ...
131
annual_report
AssicurazioniGeneraliSpA-AR_2018
569
— Greater tax income of 25,307 thousand, referring primarily to the rise in income from the relevant IRES.
18
annual_report
2525
951
There was no balance outstanding under the credit agreement at December 31, 2004. The maximum amount available for borrowing under the credit agreement was $594.6 million at December 31, 2004, reduced from $600 million due to securing letters of credit of $5.4 million under the credit agreement. No amounts have ever be...
129
10K
PosteItalianeSpA-AR_2019
9,179
16. Oversight of the statutory audit of the annual and consolidated accounts and observations on any key aspects that came to light during meetings with the auditors pursuant to art. 150, paragraph 2 of Legislative Decree 58/1998
37
annual_report
5532
879
A summary of current and long-term fixed maturity securities, available-for-sale, at December 31, 2018 and 2017 is as follows:
19
10K
4187
1,267
life policy as a tobacco user subsequently quits using tobacco. Historically, we have reduced policyholder premiums for such upgrades, but have not reduced ceded premiums to reflect the new underwriting class. We were uncertain of our ability to recover past ceded premiums, but in the fourth quarter of 2010, we approac...
136
10K
4701
429
Effective June 1, 2013 through May 31, 2014, under three layers in an excess catastrophe contract, APPCIC obtained catastrophe coverage of $20.250 million in excess of $2.5 million covering certain loss occurrences including hurricanes. The coverage of $20.250 million in excess of $2.5 million has a second full limit a...
88
10K
gb_prudential-AR_2009
2,156
Properties held for saleH9 – 3 – 3 – – – 3
12
annual_report
4685
1,929
During 2013 and 2012, we had no transfers between Levels 1 and 2.
13
10K
fr_axa-AR_2010
10,756
AXA’s market-consistent framework does not depend on assumed future asset returns, but rather on the reference rate described above. The Life & Savings VIF valuation depends on stochastic projections of multiple scenarios, rather than a single scenario. For comparison to traditional Embedded
42
annual_report
1784
977
In keeping with the investment philosophy of tightly managing interest rate risk, the Company's MBS & ABS holdings are heavily concentrated in commercial MBS where the underlying loans are largely call protected, which means they are not pre-payable without penalty prior to maturity at the option of the issuer. By inve...
154
10K
4289
1,753
The following is a summary of Twin Bridges’ statutory net income for the years ended December 31, 2010, 2009 and 2008 and the statutory capital and surplus as of December 31:
31
10K
TopdanmarkAS-AR_2016
309
Diversity Topdanmark’s current Board of Directors reflects diversity in many areas, including professional background and education, sex and age. Its members have experience from the financial and industrial sectors, nationally and internationally. The Board of Directors believes that this composition enables it to con...
95
annual_report
SwissReAG-AR_2019
231
Net investment income increased by USD 36 million to USD 1 310 million for 2019, driven by a higher invested asset base.
22
annual_report
369
234
In January 1994, the Corporation refinanced its mortgage loan with a first mortgage loan in the principal amount of $7,000,000 bearing interest at 6.98 percent per annum. The new loan
30
10K
744
176
In June 1997, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards ("SFAS") 130, "Reporting Comprehensive Income", which is effective for fiscal years beginning after December 15, 1997. SFAS 130 sets standards for the reporting and display of comprehensive income and its component...
120
10K
AvivaPLC-AR_2009
1,127
2. Estimated realistic inherited estate at 31 December 2008 was £0.7 billion, £0.7 billion and £1.2 billion for CGNU Life, CULAC and UKLAP respectively.
24
annual_report
5711
1,001
Commercial mortgage-backed securities (“CMBS”) - As of December 31, 2019, gross unrealized losses related to the CMBS portfolio were $0.209 million. Of this amount, $0.013 million have been in an unrealized loss position for twelve months or greater and are rated AA+ or better. The weighted average credit enhancement f...
196
10K
ch_zurich_insurance_group-AR_2018
72
Embracing a customer-led transformation In a world undergoing such fundamental change, it is critical that organizations consciously choose their path, make clear commitments to how they will travel along that path, and then regularly examine their surroundings to ensure progress is being made. At Zurich, the path we h...
87
annual_report
5373
1,194
Net Earned Premiums decreased $4.7 million for the year ended December 31, 2016 compared to the same period in 2015, primarily due to significant non-renewals in our A&H products, and to a lesser extent, rate reductions in our Marine product. This decline was partially offset by a change in estimated earnings in our Su...
76
10K
2968
6,919
Under pre-1984 U.S. tax law, a significant amount of the Company’s taxable income was not currently taxed. Instead, it was accumulated in a memorandum, or policyholders' surplus, account. Such income was subject to taxation only when it was either distributed or accumulated in excess of certain prescribed limits. The $...
117
10K
5470
317
As a smaller reporting company, we have elected to comply with certain scaled disclosure reporting obligations, and therefore are not providing the table of contractual obligations required by this Item.
30
10K
68
192
General insurance operating income in 1994 increased 15.5 percent when compared to 1993. The 1993 results reflect an increase of 26.0 percent from 1992. The contribution of general insurance operating income to income before income taxes and the cumulative effect of accounting changes was 55.4 percent in 1994 compared ...
59
10K
AssicurazioniGeneraliSpA-AR_2014
4,060
Generali Habitat SCpI 029 EUR 934,956 G 10 91.14 Generali Vie S.A. 91.14 90.18
14
annual_report
AvivaPLC-AR_2015
4,781
The unallocated divisible surplus consists of future (as yet undetermined) policyholder benefits, associated shareholders’ profit and the inherited estate. The inherited estate serves as working capital for our with-profits funds. It affords the withprofits funds a degree of freedom to invest a substantial portion of t...
67
annual_report
5558
1,397
In 2018, we recognized $9.0 million of net favorable development in our Segregated Portfolio Cell Reinsurance segment and $8.0 million of net favorable development in our Workers' Compensation Insurance segment. In 2017, we recognized $8.5 million of net favorable development in our Segregated Portfolio Cell Reinsuranc...
125
10K
TrygAS-AR_2015
1,453
Unaccrued timing differences of statement of financial position items 20 146
11
annual_report
ScorSE-AR_2019
3,677
Value of Business Acquired (VoBA) represents the value of Life reinsurance portfolios acquired in a business combination. It corresponds to the present value of expected future cash flows for the assumed and the retroceded reinsurance business. As stated in note 6 of the notes to the Consolidated financial statements, ...
78
annual_report
2095
251
utilization. Even with managed care controls, unusual medical conditions can occur, such as an outbreak of influenza or a higher than normal incidence of high cost cases (such as premature births, complex surgeries, or rare diseases). As a result, the Company's quarterly results can be materially affected and irregular...
81
10K
5534
1,401
On June 26, 2017, S&P downgraded the financial strength rating of National, which led the Company to cease its efforts to write new financial guarantee business. In addition to National’s cessation of new business activity, there was an increase in loss and LAE due to changes in assumptions on certain Puerto Rico credi...
210
10K
4762
1,159
At December 31, 2013, we held a commercial mortgage-backed securities portfolio with a fair value of $504.9 million, an average rating of AA+ and an average loan-to-value ratio of 61%. We owned no collateralized debt obligations (CDOs) and we are not counterparty to any credit default swap transactions.
48
10K
4561
818
Consolidated benefits expense was $28.8 billion for 2011, an increase of $1.7 billion, or 6.3%, from 2010. The increases were primarily due to a $1.8 billion, or 11.3%, year-over-year increase in Retail segment benefits expense in 2011, primarily driven by an increase in the average number of Medicare members, partiall...
82
10K