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2034
1,157
The estimation of liabilities related to construction defect and asbestos and environmental claims is subject to greater subjectivity than for other claims. Construction defect reserves were $322.6 at December 31, 2000. In early 2000, Safeco’s construction defect claims appeared to have peaked and were trending down th...
121
10K
fr_axa-AR_2011
11,939
Readers can address any comments and questions on this document to: Analysts and Institutional
14
annual_report
5410
1,485
Rishmague, et ano. v. Winter, et al., Case No. 2011CI2585, was filed on March 11, 2011 on behalf of two Stanford investors, individually and as representatives of certain trusts, against Willis Group Holdings plc, Willis of Colorado,
37
10K
5486
1,501
The Company has five reportable segments comprised of four individual operating subsidiaries, CNA, Diamond Offshore, Boardwalk Pipeline and Loews Hotels & Co; and the Corporate segment. The operations of Consolidated Container since the acquisition date are included in the Corporate segment. Each of the operating subsi...
72
10K
2808
1,440
For further information on other contingencies, see Note 12 of Notes to Consolidated Financial Statements.
15
10K
5200
2,273
brought individual lawsuits that were not a part of the class action and that did not dismiss AGMH or its affiliates. All these cases were transferred to the Southern District of New York and consolidated with MDL 1950 for pretrial purposes. In June and July 2016, Dexia executed settlement agreements covering the actio...
128
10K
4984
1,025
Property and Equipment - Company-occupied property, data processing equipment and furniture and office equipment are stated at cost less accumulated depreciation of $3,868,331 and $3,559,052 at December 31, 2014 and 2013, respectively. Depreciation is computed on a straight-line basis for financial reporting purposes u...
68
10K
Sampoplc-AR_2005
979
The uncertainty of technical provisions is normally larger for new portfolios for which complete run-off statistics are not yet available, and for portfolios where claims are often not settled for a long time. If the claims involve compensation for personal injuries, the uncertainty in the estimates increases even furt...
68
annual_report
3025
1,016
Support of strategic initiatives such as implementation of the new CAP program, and
13
10K
INGGroepNV-AR_2012
396
retail Banking is the leading bank in the Benelux; also active in Central and Eastern Europe retail Banking is active in China, India and Thailand ing direct is active in Australia
31
annual_report
5422
2,615
Impact Inadequate capital resources and liquidity could negatively affect the Company’s overall financial strength and its ability to generate cash flows from its businesses, borrow funds at competitive rates, and raise new capital to meet operating and growth needs.
39
10K
2156
406
Gross written premiums at American Southern increased $3.2 million, or 7.1%, during 2002. The increase in premiums was primarily attributable to significant rate increases, new business generated by established agents including one new state contract that contributed $1.1 million in written premiums as well as premiums...
57
10K
4495
570
Income before income taxes in 2011 increased less than $0.1 million over 2010. Even though the operations acquired in 2011 added substantially to income before income taxes, it was substantially offset by $3.2 million inter-company interest charged against the total purchase price of the Division’s acquisitions and a $...
59
10K
4244
891
In February 2007, the FASB issued authoritative guidance permitting entities to choose, at specified election dates, to measure eligible financial instruments and certain other items at fair value that are not currently required to be reported at fair value. Unrealized gains and losses on items for which the fair value...
252
10K
ch_zurich_insurance_group-AR_2018
2,438
Policyholder contract deposits and other funds 2 24,266 24,944 (3,416) (3,533) 20,850 21,411 Reserves for unit-linked insurance contracts 68,766 75,413 – – 68,766 75,413
24
annual_report
DirectLineInsuranceGroupPLC-AR_2013
959
Charlton House was appointed as our new catering supplier in 2013. Significant in their selection was their sustainability credentials, including a commitment to healthy eating, a focus on sourcing local and seasonal produce, and membership of the Red Tractor Scheme (an industry recognised Kitemark covering animal welf...
52
annual_report
5952
1,337
The following table presents a rollforward of Alleghany’s allowance for credit losses on reinsurance recoverables for 2020:
17
10K
2622
1,355
The total amount of other than temporary declines in value in 2003 related to $68.4 million on fixed income securities, $54.2 million on equity securities and $8.1 million on other investments. Of the decline in value of fixed income and equity securities considered to be other than temporary in 2003, approximately 12%...
59
10K
NatixisSA-AR_2015
122
Basel 3 risk-weighted assets * (in billions of euros) 113.3 115.2
11
annual_report
TrygAS-AR_2019
253
Expenses The expense ratio for Private was 13.7 (13.8), which was in line with the general guidance for Tryg, reflecting investments in digital solutions financed through distribution efficiency. Total employee numbers decreased from 1,329 at the end of 2018 to 1,317 in 2019, reflecting Tryg’s focus on efficiency. In D...
96
annual_report
407
188
During the fourth quarter of 1995, the Company recorded charges aggregating $4.1 million to provide for the costs of restructuring its property and casualty risk information services business ($3.7 million) and the costs associated with the consolidation of existing operations with those of an acquired business in Germ...
92
10K
5896
686
Tiptree Capital consists of our Mortgage segment, which includes the operating results of Reliance, our mortgage business, and Tiptree Capital - Other, which consists of our other non-insurance operating businesses and investments. As of December 31, 2020, Tiptree Capital - Other includes our Invesque shares, maritime ...
59
10K
2063
413
Certain fixed interest rate market risk sensitive instruments may not give rise to incremental income or loss during the period illustrated, but may be subject to changes in fair values which are reflected in equity. Note 18 presents additional disclosures concerning fair values of financial assets and financial liabil...
49
10K
4919
555
We evaluate segment profit or loss based upon operating and investment results. Segment profit or loss described in the following sections of Management's Discussion and Analysis is reported on a pre-tax basis. Additional segment information is presented in Part II, Item 8, Note 10 "Segment Information" to the Consolid...
51
10K
1765
651
Earnings effects of derivatives. The table that follows provides additional information about the earnings effects of derivatives. In the context of hedging relationships, "effectiveness" refers to the degree to which fair value changes in the hedging instrument offset corresponding fair value changes in the hedged ite...
110
10K
2653
1,310
revision could be necessary. Furthermore, the Company has estimated that the present value of the EGPs is likely to remain within a reasonable range if overall separate account returns decline by 25% or less for 2004, and if certain other assumptions that are implicit in the computations of the EGPs are achieved.
52
10K
2290
1,099
In September, 2001, 140,000 options owned by certain directors of DHC lapsed and were reissued under the 1995 Stock and Incentive Plan, as amended and approved by DHC's Board.
29
10K
1516
327
Credit Rating 2000 1999 ------------- -------------- -------------- AAA 62.8% 57.4% AA 14.3 11.2 A 7.3 10.1 BBB 15.6 21.3 -------------- -------------- TOTAL 100.0% 100.0% ============== ==============
26
10K
fr_axa-AR_2001
3,107
As discussed above, payments of dividends, the avoir fiscal, the partial avoir fiscal and the refund of the précompte to a U.S. Holder will be subject to French withholding tax. For U.S. Federal income tax purposes, a U.S. Holder may generally elect to treat these French withholding taxes as either a deduction from gro...
148
annual_report
3878
3,644
Level 1: Fair value measurements that are quoted prices (unadjusted) in active markets that AIG has the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. AIG does not adjust the quoted price for such instruments. Assets and liabilities measur...
84
10K
4264
1,299
Net Written Premium. Net written premium increased $36.4 million, or 17.4%, to $245.6 million from $209.2 million for the years ended December 31, 2009 and 2008, respectively. The increase in net written premium resulted from an increase of gross written premium for the year ended December 31, 2009 compared to gross wr...
60
10K
490
409
(1) GAAP ratios are expressed as a percentage of net earned premiums and are presented prior to cessions to the Stop Loss Treaty. As a result of the run-off of all Home Insurance operations effective June 12, 1995, disclosure of 1995 ratios as a percentage of earned premiums is not meaningful.
51
10K
ch_zurich_insurance_group-AR_2015
390
Changes to share capital during 2015 During 2015, a total of 768,128 shares were issued to employees out of contingent capital. As a result, on December 31, 2015, the share capital amounted to CHF 15,040,496.40 (150,404,964 shares) and both the authorized capital and the contingent share capital (as specified in Articl...
90
annual_report
NatixisSA-AR_2018
5,885
Consequently, the following are not included in the consolidation scope (IFRS 10) or in the scope applicable to the disclosure of additional information (IFRS 12): structured entities linked to Natixis solely through an ongoinga transaction. This corresponds to an unstructured financial instrument which does not genera...
176
annual_report
NatwestGroupPLC-AR_2019
507
• During 2019 we continued to roll out our Disability Career and Personal Development Programme for colleagues with disabilities which supports development and career progression by addressing common barriers colleagues with disabilities can face. We also extended this Programme externally, hosting delegates from outsi...
51
annual_report
5255
409
On March 1, 2017 Maison received a certificate of authority from the Florida Office of Insurance Regulation (“OIR”) which authorizes Maison to write personal lines insurance in the State of Florida. Pursuant to the Consent Order issued, Maison has agreed to comply with certain requirements as outlined by the OIR until ...
99
10K
692
132
However, competition in both product pricing and customer service is intensifying. While there has been some consolidation within the industry, other financial services organizations are increasingly involved in the sale and/or distribution of insurance products. Deregulation of the banking industry, including reform o...
115
10K
5663
2,021
$378 million of gains on foreign currency hedges due to U.S. dollar appreciation versus the euro;
16
10K
5065
765
Favorable net prior year development of $50 million, $14 million and $9 million was recorded in the Life & Group Non-Core segment for the years ended December 31, 2015, 2014 and 2013. The favorable net prior year development for the year ended December 31, 2015 was driven by favorable claim severity.
51
10K
792
454
The ability of our insurance subsidiaries to pay dividends is subject to state insurance department regulations. These regulations generally permit dividends to be paid for any 12 month period in amounts equal to the greater of (or in a few states, the lesser of): (i) net gain from operations for the prior year; or (ii...
111
10K
5903
2,357
Certain individual annuity contracts provide the contractholder a guarantee that the benefit received upon death or annuitization will be no less than a minimum prescribed amount. These benefits are accounted for as insurance contracts. The Company also provides contracts with certain living benefits which are consider...
69
10K
3908
1,496
addition, see Notes 4 and 10 to the Consolidated Financial Statements, “Syncora Holdings Ltd.” and “Investments in Affiliates”, for further information.
21
10K
NatwestGroupPLC-AR_2011
293
GBM operating profit fell by 54% in 2011 compared with 2010, with the year characterised by volatile and deteriorating, credit markets, as the European sovereign debt crisis worsened. GBM operating profit represented 26% of Core Group operating profit for 2011. The wholesale restructure announced in January 2012 seeks ...
70
annual_report
4961
588
Net realized gains on securities sold, including net gains on other invested assets, and charges for other-than-temporary impairment on securities held were as follows:
24
10K
5159
1,206
HCPCI, which is domiciled in Florida, prepares its statutory financial statements in accordance with accounting principles and practices prescribed or permitted by the Florida Department of Financial Services, Office of Insurance Regulation, which Florida utilizes for determining solvency under the Florida Insurance Co...
127
10K
AdmiralGroupPLC-AR_2013
86
Confused.com, one of the UK’s leading price comparison websites, profi table operations in Spain and France and a new business in the USA
23
annual_report
RaiffeisenBankInternationalAG-AR_2005
346
Being embedded in the RZB Group remains a major advantage for Raiffeisen International. RZB is a stable parent company that provides an excellent framework. Its stake in Raiffeisen International after the IPO amounted to 70 per cent.
37
annual_report
1430
678
Cash flow generated from operations for the year ended December 31, 2000 and 1999 was $3.3 million and $3.3 million respectively, which amounts were adequate to meet all obligations during the periods. The level of operating cash flow for the years ended December 31, 2000 and December 31, 1999 is primarily related to i...
67
10K
de_allianz-AR_2019
2,449
For long-duration contracts, a premium deficiency is recognized, if actual experience regarding investment yields, mortality, morbidity, terminations, or expense indicates that existing contract liabilities, along with the present value of future gross premiums, will not be sufficient to cover the present value of futu...
49
annual_report
fr_axa-AR_2006
4,161
Fair Amortized Fair Amortized Fair Amortized value (a) cost value (a) cost value (a) cost
15
annual_report
ScorSE-AR_2016
3,641
Write-down and reversal of previous write-down of deferred tax assets - - (1)
13
annual_report
AvivaPLC-AR_2014
2,107
(“the Code”), that they consider the Annual Report taken as a whole to be fair, balanced and understandable and provides the information necessary for members to assess the Group’s and parent company’s performance, business model and strategy is materially inconsistent with our knowledge of the Group and parent company...
57
annual_report
2966
754
(b) Net of valuation allowance of $14 million and $68 million, respectively.
12
10K
fr_axa-AR_2008
7,313
2) Duly note that the Shareholders of the Company do not have preferential subscription rights to (i) the aforementioned securities issued by the Subsidiaries, nor to (ii) ordinary shares of the Company to which these securities may give a claim to.
41
annual_report
Sampoplc-AR_2000
30
Group to earnings-related pension insurance company Ilmarinen and life insurance company Suomi.
12
annual_report
gb_prudential-AR_2008
1,168
Performance measures in long-term incentive plans 2009 Group Performance Share Plan (GPSP) Awards under the 2009 Group Performance Share Plan are based on Prudential’s Total Shareholder Return compared with the TSR performance of its competitors. Further details are set out in the section on ‘Executive Directors’ long-...
52
annual_report
1886
911
Accounting principles generally accepted in the United States of America differ in certain respects from statutory insurance accounting practices prescribed or permitted for insurance companies by regulatory authorities.
28
10K
2203
893
Effective January 1, 2002, the Company adopted SFAS No. 142 “Goodwill and Other Intangible Assets”. SFAS No. 142 eliminates the amortization of goodwill. In addition, the Company is required to test, at least annually, all existing goodwill for impairment using a fair value approach, on a reporting unit basis. Also pur...
93
10K
5869
2,204
The effective tax rates reflect the proportion of income recognized by each of the Company’s operating subsidiaries, with U.S. subsidiaries taxed at the U.S. marginal corporate income tax rate of 21% in 2020, 2019 and 2018, U.K. subsidiaries taxed at the U.K. marginal corporate tax rate of 19%, French subsidiaries taxe...
139
10K
642
403
insurance business for a rolling 12-month period exceeds contractual amounts, the Company receives a reduced profit sharing payment.
18
10K
NatixisSA-AR_2020
11,942
8 GENERAL SHAREHOLDERS’ MEETINGSCombined General Shareholders’ Meeting of May 28, 2021 574 NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020
17
annual_report
HannoverRueckSE-AR_2001
269
An increased investment portfolio boosted net investment income in the year under review
13
annual_report
2771
3,684
Accounting for fixed maturities depends on their classification as held to maturity, available for sale or trading. Fixed maturities classified as held to maturity are carried at amortized cost. Fixed maturities classified as available for sale are carried at fair value. There were no investments classified as trading....
65
10K
de_allianz-AR_2011
1,259
Decrease of large claims from natural catastrophes to long-term average levels.
11
annual_report
gb_lloyds_banking_grp-AR_2012
4,923
The shares issued in 2011 were in respect of employee share schemes.
12
annual_report
5668
1,757
1.7 billion in net cash proceeds. Our Canada mortgage insurance business, previously the only business in the Canada Mortgage Insurance segment, is reported as discontinued operations and its financial position, results of operations and cash flows are separately reported for all periods presented. All prior periods re...
50
10K
fr_axa-AR_2004
1,467
Other Financial Services Segment products and services. This segment includes principally other financial services, such as banking activities conducted primarily in France and Belgium.
24
annual_report
LloydsBankingGroupPLC-AR_2020
1,527
Tangible net assets per share 52.3p 52.2p 51.6p 57.4p 50.8p 52.0p 53.0p 53.4p 1 Excludes reverse repos.
17
annual_report
2220
422
For purposes of this discussion, the terms "MetLife" or the "Company" refers to MetLife, Inc., a Delaware corporation (the "Holding Company"), and its subsidiaries, including Metropolitan Life Insurance Company ("Metropolitan Life"). Following this summary is a discussion addressing the consolidated results of operatio...
69
10K
SwissReAG-AR_2015
2,088
Base salary and allowances1 12 711 12 905 Funding of pension benefits 1 845 1 913
16
annual_report
gb_prudential-AR_2015
3,778
b Derivatives and hedging Derivatives The Group enters into a variety of exchange traded and over-the-counter derivative financial instruments, including futures, options, forward currency contracts and swaps such as interest rate swaps, cross-currency swaps, swaptions and credit default swaps.
39
annual_report
RSAInsuranceGroupPLC-AR_2018
682
Recognising the risks that our customers need to protect against are changing, we strengthened our support for those facing cyber risks, releasing an end-to-end product for global businesses, which offers proactive risk management support, full loss cover and post-event crisis management.
41
annual_report
5464
622
In December 2017, the SEC issued Staff Accounting Bulletin (“SAB”) 118, addressing the application of GAAP in situations when a registrant does not have necessary information available to complete the accounting for certain income tax effects of the Tax Act. SAB 118 provides guidance for registrants under three scenari...
227
10K
5266
632
Net cash used in financing activities in 2015 and 2014 included payments of dividends to common stockholders and repayment of notes payable and capital leases. These financing cash outflows were partially offset by net proceeds from stock-based compensation, mainly proceeds and income tax benefits from exercises of sto...
49
10K
4241
901
The 2010 Lloyd’s property casualty gross written premiums of $94.8 million increased 21.3% compared to 2009 due to increases in our offshore energy, onshore energy and engineering and construction lines. The significant increase in our offshore energy lines was due to an increase in demand as well as an improved pricin...
141
10K
5089
2,355
Trinity Acquisition Limited has $525 million senior notes outstanding that were issued on August 15, 2013.
16
10K
ch_zurich_insurance_group-AR_2013
1,583
Analysis of financial assets Tables 18.a to 19.b provide an analysis, for non unit-linked businesses, of the age of financial assets that are past due but not impaired and of financial assets that are individually determined to be impaired.
39
annual_report
AvivaPLC-AR_2012
2,220
(G) Premiums earned Premiums on long-term insurance contracts and participating investment contracts are recognised as income when receivable, except for investment-linked premiums which are accounted for when the corresponding liabilities are recognised. For single premium business, this is the date from which the pol...
243
annual_report
4597
662
The estimated fair value of the Company’s life settlements are determined on a quarterly basis by the Company’s portfolio management committee, taking into consideration changes in discount rate assumptions, estimated premium payments and life expectancy assumptions, as well as any changes in economic and other relevan...
112
10K
5545
1,568
At November 30, 2018, there were no off-balance sheet arrangements between us and any other entity that have, or are reasonably likely to have, a current or future effect on our financial condition, changes in financial condition, revenue or expenses, results of operations, liquidity, capital expenditures or capital re...
54
10K
4506
885
The following tables summarize the gross and net carried reserves as of December 31, 2011 and 2010.
17
10K
ch_zurich_insurance_group-AR_2015
3,157
Zurich Financial Services EUB Holdings Ltd 183,436 99.90 99.90 272,936 99.90 99.90 1 in CHF thousands
16
annual_report
2885
1,018
The following table contains an analysis of the Company’s securities with gross unrealized losses, categorized by the period that the securities were in a continuous loss position as of December 31, 2004:
32
10K
530
267
C.M. Life also has a stop-loss agreement with MassMutual, with maximum coverage at $25,000 thousand, under which C.M. Life cedes claims which, in aggregate, exceed $28,080 thousand in 1996, $24,245 thousand in 1995, and $18,348 thousand in 1994. For each of the years, the limit was not exceeded. C.M. Life paid approxim...
70
10K
fr_axa-AR_1999
4,648
DLJ’s involvement in derivative instruments. They do not measure DLJ’s exposure to market or credit risk and do not represent the future cash requirements of such contracts.
27
annual_report
312
528
At December 31, 1996, 88.8% of Chartwell's total investments (including cash and cash equivalents) consisted of fixed income securities, of which 96.1% were rated "A" or better (or "A-1" for commercial paper) by Moody's. While uncertainties exist regarding interest rates and inflation, Chartwell attempts to minimize su...
132
10K
fr_axa-AR_2010
9,130
The following table shows information for grants after November 7, 2002: Options (in million) Weighted price (in US$)
18
annual_report
2729
1,185
As of December 31, 2005, we had unrealized losses on our investment portfolio of $2.5 million, of which $1.3 million were in unrealized loss positions for more than twelve months. If we decided to write down all securities in an unrealized loss position for one year or longer, we would have recognized an additional $1....
66
10K
NatixisSA-AR_2020
467
Natixis Wealth Management works with its subsidiaries to expand its range of products and services, which can be tailor-made: VEGA Investment Managers, its preferred partner for the production of solutions for liquid asset classes, and Massena Partners. VEGA Investment Managers’ core expertise in collective management,...
70
annual_report
HelvetiaHoldingAG-AR_2006
1,156
In a third step, the Liability Adequacy Test finally applies Group-wide uniform standards to test whether the actuarial reserves included in the local financial statements (including additional reserve increases but excluding deferred acquisition costs) are sufficient. Across the Group the Liability Adequacy Test requi...
62
annual_report
AvivaPLC-AR_2010
3,035
Mortality Mortality assumptions are set with regard to recent Company experience and general industry trends. The mortality tables used in the valuation are summarised below: Mortality table used
28
annual_report
GjensidigeForsikringASA-AR_2014
1,799
Provisions for unearned premiums in general insurance As at 1 January 7,984.6 (16.0) 7,968.6 7,984.6 (16.0) 7,968.6 Additions through acquisitions 88.0 88.0 124.3 124.3 Increase in the period 21,192.5 (493.7) 20,698.8 18,987.4 (570.8) 18,416.6 Release in the period (20,867.8) 481.0 (20,386.8) (19,307.7) 570.8 (18,736.9...
65
annual_report
NatixisSA-AR_2014
1,524
Since 2013, Natixis has also offered its employees in France and in foreign countries the opportunity to become shareholders of their company under preferential terms and conditions by participating in share issues reserved to employees, called MAUVE operations.
38
annual_report
StandardLifeAberdeenPLC-AR_2006
127
Liabilities Non-participating contract liabilities 71,133 62,087 Participating contract liabilities 39,996 41,008 Third party interest in consolidated funds 961 358
19
annual_report
4051
2,028
The benchmark London Interbank Offered Rate (LIBOR) interest rate curve changes are determined based on observable prices, interpolated or extrapolated to derive a LIBOR for a specific maturity term as necessary. The spreads over LIBOR for the Maiden Lane Interests (including collateral-specific credit and liquidity sp...
82
10K
de_allianz-AR_2010
5,070
Karl Grimm until December 31, 2010 Membership in other statutory supervisory boards and SE administrative boards in Germany Membership in group bodies Allianz Versorgungskasse VVaG (Deputy Chairman)
27
annual_report
1086
572
Cash and Investments $ 20,689 Deferred Acquisition Costs 19,727 Reinsurance Balances 50,052 Other Assets 40,768 ---------- Total Assets $131,236
19
10K
3251
1,142
FMIC and ANIC maintain trust accounts for the protection of reinsureds, pursuant to the assumed reinsurance contracts. These funds are to be used to pay or reimburse the reinsureds for FMIC’s and ANIC’s share of any losses and allocated loss adjustment expenses paid by the reinsureds if not otherwise paid by FMIC and A...
118
10K
RSAInsuranceGroupPLC-AR_2014
860
Reports on the activities of the Board Committees throughout 2014 can be found on pages 69 to 106 and are incorporated into this report by reference.
26
annual_report
SwissReAG-AR_1984
331
The Bavarian Reinsurance Company Limited, Munich, again showed in Non-Life reinsurance a slight growth of gross premiums to DM 1,390.7 million (previous year, DM 1,326.3 million) after the previous year's decline. The positive effects of remedial measures were wiped out by higher claims payments following various natur...
139
annual_report