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BaloiseHoldingLtd-AR_2005
2,019
inward (i.e. accepted) reinsurance is recognized in the same period as the initial risk. the actuarial provisions for the non-life insurance line are contained in the “Unearned premiums (gross)”
29
annual_report
PowszechnyZakladUbezpieczenSA-AR_2012
1,520
 The social report of PZU. This is the first report concerning sustainable development and social activity of the Company, which has been prepared based on the guidance and standards of Global Reporting
33
annual_report
StorebrandASA-AR_2019
1,129
7. Business combinations The acquisition method is applied when accounting for acquisition of businesses. The consideration is measured at fair value. The direct acquisition expenses are expensed when they arise, with the exception of expenses related to raising debt or equity (new issues).
43
annual_report
554
186
In November 1996, the Company acquired the remaining ownership interests of HMO Texas for $5.0 million. The Company had previously held a 50 percent interest in the Houston-based health plan which had approximately 12,700 members at the end of 1996.
40
10K
1828
491
In the fourth quarter 2001, the Company discontinued its property and casualty insurance segment, primarily the underwriting of workers’ compensation insurance policies. 1997 through 2000 amounts have been reclassified to discontinued insurance operations to conform to this presentation.
39
10K
NatixisSA-AR_2014
1,654
Laurent Mignon receives a company car and a family supplement, in accordance with the same rules as those applied to Natixis employees in France.
24
annual_report
NatwestGroupPLC-AR_2015
8,165
unless indicated otherwise. ‘UK’ in this context includes transactions conducted through the offices in the UK which service international banking transactions.
21
annual_report
LloydsBankingGroupPLC-AR_2020
7,615
90 Tottenham Court Road, London W1T 4TJ ii xxii & Ensco 1322 Ltd 99% Newbury House, 20 Kings Road West, Newbury, Berkshire, RG14 5XR ii & Ensco 1327 Ltd 99% First Floor, 65 Gresham Street, London, England, EC2V 7NQ ii & Ensco 1337 Ltd 99% Cotton Tree Lane, Colne, BB8 7BH ii & Ensco 1366 Ltd 99% 25a Market Street, Bices...
115
annual_report
4996
788
On December 26, 2014, the Company borrowed $102.0 million pursuant to its margin borrowing facilities. These funds were used to finance the acquisition of American Reliable on January 1, 2015. The borrowing rate is tied to LIBOR and is currently approximately 1%. Approximately $130.5 million in collateral was deposited...
113
10K
2611
1,081
Pursuant to Manulife's rationalization of its worldwide business operations along geographic lines, the Company's non-USA operations were or will be transferred to Manulife's previously existing subsidiaries in each region of the world. The transfers below were recorded by the Company as disposals of businesses by othe...
96
10K
AegonNV-AR_2010
2,812
(Contractual cash fl ows) 2010 On demand amount 1 < 5 yrs amount 5 < 10 yrs amount > 10 yrs amount
22
annual_report
NatwestGroupPLC-AR_2019
1,982
In respect of Provision 33, the RBSG plc Board also considers that this is a matter which should rightly be reserved for the Board and this is an approach the Board has adopted for a number of years. Remuneration for the executive directors is first considered by the Group RemCo which then makes recommendations to the ...
141
annual_report
HannoverRueckSE-AR_2005
1,535
Net book value at 31 December of the previous year 24 676 26 146
14
annual_report
BaloiseHoldingLtd-AR_2006
2,068
Profi t / loss for the period 244.3 449.8 125.9 166.1 in CHF million 1 Including change in claim processing cost provisions. 2 Including fi nancial liabilities held for trading (derivative fi nancial instruments).
34
annual_report
HannoverRueckSE-AR_2005
260
United Kingdom of 107.5% in the operating result (EBIT), which stood at -EUR 34.8 million. Due to reduced tax expenditure the property and casualty reinsurance business group closed in positive territory at EUR 4.3 million (EUR 270.7 million), producing earnings of EUR 0.04 (EUR 2.24) a share.
47
annual_report
nl_ing_grp-AR_2018
1,272
Management Board Banking for their hard work in 2018. Important milestones were the steps taken towards creating a globally scalable digital platform for customers and further digitalising our offering. The Supervisory Board would also like to thank all ING employees for their contribution in realising these achievemen...
97
annual_report
4712
10,514
The New Jersey Unsatisfied Claim and Judgment Fund ("NJUCJF") provides compensation to qualified claimants for bodily injury or death caused by private passenger automobiles operated by uninsured or "hit and run" drivers. The fund also provides reimbursement to insurers for the medical benefits portion of personal inju...
139
10K
PhoenixGroupHoldingsPLC-AR_2009
905
1. Accounting policies (continued) Fair value of financial assets and liabilities The fair values of financial assets and liabilities are classified and accounted for as set out in accounting policies (r) and (g) respectively. Where possible, financial assets and liabilities are valued on the basis of listed market pri...
159
annual_report
3198
940
For our most significant separate account, written in 1999, realized gains and losses are retained in the separate account and are deferred and amortized to the contract holder over a five-year period, subject to certain limitations. Upon termination or maturity of this separate account contract, any unamortized deferr...
117
10K
SwissReAG-AR_2004
1,457
The return on operating revenues of 9.1% exceeded the three year average target of 9% and the prior year return of 8.7%, reflecting strong underlying results. The business group extended its successful Admin ReSM offering with the largest transactions to date in both the US and the UK.
48
annual_report
2464
1,717
Azzolini caption. The Bernstein action makes identical allegations as the other actions, but with respect to a different series of CorTs securities.
22
10K
5634
8,955
In addition, the propensity for retail life insurance policies to lapse is lower than it is for fixed annuities because of the need for the insured to be re-underwritten upon policy replacement.
32
10K
1241
466
- -------------- (1) Projected amounts are on pro forma basis which considers the impact of the Recapitalization Plan as if such plan is consummated on June 15, 2000. There can be no assurance that the Recapitalization Plan is consummated in its current form or at all.
46
10K
ASRNederlandNV-AR_2013
321
Major risks for 2014 The risk priorities of a.s.r. are defined annually by the Executive Board. Defining risk priorities is a bottom-up process. Risk priorities are based, for instance, on the Control Risk Self Assessments of the business units. Risk Management reports the actual status of the risk priorities and progr...
64
annual_report
NatixisSA-AR_2016
1,604
AMF. A permanent insider is any individual or legal entity who, directors on the list of permanent insiders made available to the by a letter from the Head of Compliance with a return receipt.
34
annual_report
4989
2,110
On January 15, 2008. MetLife, Inc. announced that its Board of Directors authorized $1.0 billion of common stock repurchases. On April 22, 2008, MetLife, Inc. announced that its Board of Directors authorized an additional $1.0 billion of common stock repurchases. MetLife, Inc. completed purchases under the January 2008...
189
10K
AegonNV-AR_2011
25
Monetary Union that have adopted the single currency in accordance with the Treaty establishing the European
16
annual_report
4057
5,162
The Company currently has stock-based compensation plans in place for directors, officers and other key employees of the Company. Pursuant to the terms of these plans, under which 3,738,562 shares of Class A Common Stock are reserved for issuance at December 31, 2009, the Company grants restricted and unrestricted shar...
196
10K
LloydsBankingGroupPLC-AR_2008
3,704
The Group’s With Profit Fund contains life insurance contracts and participating investment contracts. The calculation of With Profit Fund realistic liabilities uses best estimate assumptions for mortality, persistency rates and expenses. These are calculated in a similar manner to those used for the value of in-force ...
90
annual_report
LloydsBankingGroupPLC-AR_2016
4,772
The table below details, on an aggregated basis, key management personnel compensation: £m £m £m
15
annual_report
fr_axa-AR_2015
3,631
Commercial Code, the Supervisory Board and later the Board of Directors have decided that, as long as an executive offi cer
21
annual_report
TrygAS-AR_2004
336
The request for payment of the deductible and a concluding letter to the customer have also been automated.
18
annual_report
AvivaPLC-AR_2010
1,423
Operational risks: the committee paid particular attention to business protection and IT security risks, and how business units were embedding the Group IT and Business Protection policies.
27
annual_report
3596
1,114
A significant portion of the Company’s unrealized losses greater than twelve months relate to its holdings of U.S. government, state and political subdivision and fixed maturity corporate holdings. The unrealized losses relating to these holdings were primarily caused by interest rate increases and market conditions. S...
141
10K
CNPAssurancesSA-AR_2005
1,653
To promote increased employee participation, in 2004 a corporate philanthropy was created section on the Company intranet, providing news about projects supported by the Foundation.
25
annual_report
NatwestGroupPLC-AR_2008
3,079
The OFT has carried out investigations into Visa and MasterCard domestic credit card interchange rates. The decision by the OFT in the MasterCard interchange case was set aside by the Competition Appeals Tribunal in June 2006. The OFT’s investigations in the Visa interchange case and a second MasterCard interchange cas...
101
annual_report
fr_axa-AR_2000
2,046
Gérard de La Martinière (57) Group Executive Vice President, Finance, Control, and Strategy; Director, Crédit Lyonnais and Schneider Electric
19
annual_report
gb_prudential-AR_2003
35
Product Distribution Channels • Direct to customers (telephone, internet and mail) • Independent Financial Advisers • Business to Business (consulting actuaries and benefit advisers) • Partnerships (affinities and banks)
29
annual_report
AegonNV-AR_2011
2,500
Supervisory Board has decided to nominate these persons for reappointment as members of the Board for further terms of four years each by the General Meeting of Shareholders.
28
annual_report
PhoenixGroupHoldingsPLC-AR_2012
1,335
− other fees, which are recognised as the services are provided.
11
annual_report
5056
2,167
Other specialty Underwriting profit for this group was $14 million in 2015 compared to $16 million in 2014, a decrease of $2 million (13%).
24
10K
ASRNederlandNV-AR_2010
911
2.25 Other assets Other assets include accrued investment and interest income, property developments, tax assets and accrued assets.
18
annual_report
5668
1,351
The loss ratio decreased in 2019 largely related to the decrease in benefits and other changes in reserves and from the higher premiums as discussed above.
26
10K
1563
713
2000 1999 ----------- ----------- Senior debt $ 0 $ 25,000 Subordinated 10 yr. Notes 0 840,000 Subordinated 20 yr. Notes 1,817,169 1,817,169 Convertible notes 0 2,560,000 Convertible debentures 0 675,800 ----------- ----------- $ 1,817,169 $ 5,917,969 =========== ===========
38
10K
4040
207
The Trust considers all highly liquid investments purchased with an original or remaining maturity of three months or less at the date of purchase to be cash equivalents.
28
10K
5370
968
At December 31, 2017, our insurance and other businesses held cash, cash equivalents and U.S. Treasury Bills of approximately $104.0 billion and investments (excluding our investment in Kraft Heinz) of $185.4 billion. In 2017, Berkshire issued €1.1 billion of senior notes and repaid $1.1 billion of maturing senior note...
110
10K
ASRNederlandNV-AR_2018
577
Dividend a.s.r. strives to pay a dividend that supports sustainable long-term value for its shareholders. This year’s annual dividend will be based on a pay-out ratio of 45% to 55% of net operating result distributable to shareholders (i.e. net of hybrid costs), while taking into account the aim to offer a stable to sl...
199
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2011
1,027
the largest natural catastrophe exposure for munich re is the €3.5bn currently retained for the “atlantic hurricane” scenario (value at risk for a 200-year return period). our exposure to european windstorms has been quantified at €2.4bn using the scenarios we have drawn up.
43
annual_report
AvivaPLC-AR_2008
2,498
Net earned premiums 18,764 – 10,548 – 29,312 Fee and commission income 692 494 179 395 1,760 19,456 494 10,727 395 31,072 Net investment income 8,529 45 827 288 9,689 Inter-segment revenue – 152 – – 152 Share of (loss)/profit of joint ventures and associates (297) (9) 3 (1) (304) Profit/(loss) on the disposal of subsid...
63
annual_report
AvivaPLC-AR_2016
1,312
Governance and Risk Committees which report regularly to the Board. However, the Board retains ultimate responsibility for the Group’s systems of internal control and risk management and has reviewed their effectiveness for the year.
34
annual_report
5640
904
For the five months ended December 31, 2018, 2017 and 2016 (portions of the 2018-2019, 2017-2018 and 2016-2017 plan years), 402,349, 435,027 and 494,046 shares of common stock (from authorized but unissued shares), respectively, were subscribed to by ESPP participants for proceeds of approximately $9.9 million, $8.2 mi...
52
10K
5898
1,105
•Property catastrophe treaty - To protect against catastrophic events such as wind and hail, hurricanes or earthquakes, we purchased property catastrophe reinsurance with a limit up to $800 million. Parts of this treaty include terms and conditions that cover multiple years. As a result, $114 million of coverage in eff...
215
10K
5777
2,359
Junior Subordinated Debentures. On November 22, 2006, AGMH issued $300 million face amount of Junior Subordinated Debentures with a scheduled maturity date of December 15, 2036 and a final repayment date of December 15, 2066. The final repayment date of December 15, 2066 may be automatically extended up to four times i...
286
10K
3990
2,353
As of December 31, 2009, the Company had commitments to purchase $72 million of fixed maturities bearing interest at a fixed market rate.
23
10K
Sampoplc-AR_2006
1,513
All changes in fair value are changes in clean fair values i.e. free of any accrued interest. Accrued interests are disclosed in the note Net interest income.
27
annual_report
1726
1,010
2001 2000 ------------------------------------------- FAIR VALUE PERCENT FAIR VALUE PERCENT - -------------------------------------------------------------------- EQUITY SECURITIES Domestic Large cap $ 393 42.7% $ 521 58.9% Midcap/small cap 342 37.1% 179 20.2% Foreign EAFE [1]/ Canadian 184 20.0% 185 20.9% Emerging 2 0...
58
10K
1240
331
Restricted cash is an amount required to be deposited in escrow for the appeal process of a specific case being litigated and decided upon in arbitration.
26
10K
3002
6,629
As indicated in the accompanying Management's Report on Internal Control Over Financial Reporting, management's assessment of and conclusion on the effectiveness of internal control over financial reporting did not include the internal controls of the Ceres Group, Inc., which is included in the 2006 consolidated financ...
133
10K
ScorSE-AR_2015
2,379
UBS is committed to subscribing to the new shares but does not intend to become a long-term shareholder of SCOR and will resell the shares by way of private placements and / or sales on the open market. In this respect SCOR and UBS have entered into a profit sharing arrangement whereby 50% of the gain, if any, will be ...
107
annual_report
4370
3,538
The following tables present information on AIG's PCI securities, which are included in bonds available for sale:
17
10K
fr_axa-AR_2013
8,873
(which build specifi c technical skills for families of professions, such as Finance, Risk, Operational Excellence, IT, Human
18
annual_report
ScorSE-AR_2010
3,778
Commitments received Commitments given In EUR million 2009 2010 2009 2010
11
annual_report
AvivaPLC-AR_2014
3,302
The variance between actual and expected experience of £1.4 billion in 2014 is primarily due to the impact of favourable property returns on liabilities for unit-linked and participating contracts in the UK and Ireland. For many types of long-term business, including unit-linked and participating funds, movements in as...
216
annual_report
3092
468
Accumulated comprehensive income of $9.5 million as of December 31, 2005 is comprised of $18.9 million of net unrealized gains from partnerships where the Company owns less than a 3.0% interest, $3.7 million of net unrealized losses from the Company’s available-for-sale portfolio, $0.2 million of net unrealized gains f...
67
10K
NatwestGroupPLC-AR_2010
4,788
The Group could fail to attract or retain senior management, which may include members of the Board, or other key employees, and it may suffer if it does not maintain good employee relations. The Group’s ability to implement its strategy depends on the ability and experience of its senior management, which may include ...
315
annual_report
4095
2,803
“Trading account assets supporting insurance liabilities, at fair value” includes invested assets that support certain products included in the Retirement segment, as well as certain products included in the International Insurance segment, which are experience rated, meaning that the investment results associated with...
83
10K
4679
922
Net capital losses for 2012 were primarily related to our commercial mortgage loan loss allowance provision. These losses were partially offset by net capital gains related to the sale of certain fixed maturity securities.
34
10K
de_allianz-AR_2015
183
The Board of Management reports regularly and comprehensively to the Supervisory Board on business development, the financial position and earnings, planning and achievement of objectives, business strategy and risk exposure. Details of the Board of Management’s reporting to the Supervisory Board are laid down in the r...
53
annual_report
4872
214
Under the Plan and the Trust Agreement, each policyholder’s membership interest was extinguished and certain eligible policyholders of Metropolitan Life (the “Trust Eligible Policyholders”) received, in exchange for that interest, a number of interests in the Trust (“Trust Interests”) equal to the number of shares of c...
250
10K
4323
1,185
Investment related gains (losses), net consist of the following (dollars in thousands):
12
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2006
1,051
Fixed-interest securities and loans Investments in fixed-interest securities and loans dominate our investment portfolio, jointly accounting for €127.5bn (125.4bn) or 72.1% of our total assets. We increased our investments in loan items such as registered bonds and borrower’s note loans – valued at amortised cost – by ...
54
annual_report
1622
350
During the twelve months ended December 31, 2001, income from the investment located in Kansas City, KS and MO amounted to $0.7 million, a decrease of 13.2% from $0.8 million at December 31, 2000. The decrease is primarily due to a temporary decrease in rental rates.
46
10K
HannoverRueckSE-AR_2017
2,757
Development of deferred acquisition costs N 42 in EUR thousand 2017 2016 1
13
annual_report
gb_lloyds_banking_grp-AR_2016
3,990
Foreign tax: Current tax on profit for the year (20) (24) (39)
12
annual_report
4497
1,242
HighMount’s operating expenses consist primarily of production expenses, production and ad valorem taxes, as well as depreciation, depletion and amortization (“DD&A”) expenses. Production expenses represent costs incurred to operate and maintain wells, related equipment and facilities and transportation costs. Producti...
66
10K
SwissLifeHoldingAG-AR_2010
2,659
Swiss Life Holding further gives several capital guarantees for a maximum net asset value of CHF 150 million to Swiss Life Funds, CHF 150 million to Swiss Life Funds (Lux) Management Company, CHF 100 million to Swiss Life Products and CHF 400 million to Swiss Life Ltd.
47
annual_report
NNGroupNV-AR_2013
277
Administrative expenses were EUR 314 million in 2013, a 2.2% decrease compared with EUR 321 million in 2012, primarily due to non-recurring costs incurred at the end of 2012.
29
annual_report
5658
3,078
In the U.K., the Company has Lloyd’s syndicates whose income is subject to tax in the U.K. payable by its corporate members. The income from operations at Lloyd’s is also subject to taxes in other jurisdictions in which Lloyd's operates, including the U.S. Under a Closing Agreement between Lloyd’s and the IRS, Lloyd’s ...
97
10K
4356
2,159
At December 31, 2011 and 2010, the Company has Swiss and French operations that are branches of PartnerRe Europe and are regulated by the Central Bank of Ireland, as prescribed by the EU Reinsurance Directive.
35
10K
NatwestGroupPLC-AR_2019
3,684
RBS – Annual Report and Accounts 2019 214 £m £m £m
11
annual_report
3460
1,728
Under SAP, policy acquisition costs, such as commissions, premium taxes, fees, and other costs of underwriting policies are charged to current operations as incurred, while under GAAP, such costs are deferred and amortized on a pro-rata basis over the same period in which the related premiums are earned.
48
10K
NatixisSA-AR_2007
8,836
Overall interest-rate risk on the Treasury Department’s portfolio is measured and tracked daily by the Risk Department, in keeping with established directional limits and one-day VaR
26
annual_report
4370
3,853
securities. In 2001, AIG guaranteed the same payments to the holders of capital securities. Like the SAFG, Inc. guarantee, the AIG guarantee only applies to any payments actually made to the trust in respect of the debentures. If no payments are made on the debentures, AIG is not required to make any payments to the tr...
138
10K
4039
676
approximately $20 million from client profitability, which aims to achieve increased remuneration from our clients in return for the value we deliver; and
23
10K
3298
3,021
Loss and loss adjustment expense ratio prior to reserve reallocation and total combined ratio prior to reserve reallocation are non-GAAP financial measures which are derived by excluding the impact of the reallocation of loss and loss adjustment expense reserves from the loss and loss adjustment expense ratio and the G...
184
10K
2733
435
Income before income taxes increased in 2005 to $23.3 million compared to $17.3 million in 2004 and decreased from the $25.4 million reported in 2003. The increase over 2004 is primarily due to investment related losses which decreased from $7.2 million in 2004 to $1.1 million in 2005. Offsetting this slightly was the ...
151
10K
RaiffeisenBankInternationalAG-AR_2011
583
Own funds pursuant to the Austrian Banking Act (BWG) RBI does not form an independent credit institution group (Kreditinstitutsgruppe) as defi ned by the Austrian Banking Act (BWG) and therefore is not subject to the regulatory provisions on a consolidated basis as it is part of the RZB Group. The majority of credit ri...
183
annual_report
2425
1,343
Index to Financial Statements Pursuant to covenants in the 5-Year Line of Credit and STA 364-Day Line of Credit, supporting the Company’s commercial paper program, the Company must maintain an excess of consolidated net worth over goodwill and other intangible assets of not less than $10 billion at all times. The Compa...
167
10K
NatwestGroupPLC-AR_2009
1,611
Management responsibilities All employees have a role to play in the day-to-day management of capital, liquidity and risk which is set and managed by specialist staff in: • Risk Management: credit risk, market risk, operational risk, regulatory risk, reputational risk, insurance risk and country risk, together with ris...
50
annual_report
4740
448
To evaluate interest rate and equity price risk, the Company performs sensitivity testing which measures the impact on pretax income from the sources listed below for a 12-month period following a hypothetical 100 basis point increase in interest rates or a hypothetical 10% decline in equity prices. The interest rate r...
138
10K
NatwestGroupPLC-AR_2016
7,438
Connecticut, each to one count of conspiracy to commit securities fraud while employed at RBSSI. RBSSI is in advanced discussions to resolve the matter.
24
annual_report
5886
613
•Property condition-Significant deferred maintenance observed during the lenders annual site inspections.
11
10K
AegonNV-AR_2005
204
Committee. The base salaries for the Executive Board, after having been assessed by the Compensation Committee, were not changed in 2005, save for the 1.25% increase in the base salaries of the Dutch Executive Board members in November 2005, following the new Central Labor Agreement (CAO) for the Dutch insurance indust...
51
annual_report
5585
686
We have no direct exposure in any of the guarantors of our investments. Our largest indirect exposure with a single guarantor totaled $20.0 million or 19.5 percent of our insured municipal securities at December 31, 2018, as compared to $20.0 million or 20.8 percent at December 31, 2017. Our five largest indirect expos...
75
10K
ch_zurich_insurance_group-AR_2005
1,620
Securities Custody Service Zurich Financial Services, Custody Accounts c/o S A G SIS Aktienregister AG P. O. Box, 4601 Olten, Switzerland
21
annual_report
LloydsBankingGroupPLC-AR_2017
1,671
The Chairman personally ensures that on appointment each Director receives a full, formal and tailored induction. The emphasis is on ensuring the induction brings the business and its issues alive for the new Director, taking account of the specific role they have been appointed to fulfil and the skills/experience of t...
69
annual_report
5065
455
Annually, management assesses the adequacy of its GAAP long term care future policy benefits reserves as well as the claim and claim adjustment expense reserves for unfunded structured settlement obligations by performing a gross premium valuation (GPV) to determine if there is a premium deficiency. Under the GPV, mana...
161
10K
5058
1,932
For members of our PFFS Plans with Part D benefits, CMS makes prospective monthly catastrophic reinsurance payments to the Plans based on estimated average reinsurance payments to other Medicare Advantage-Prescription Drug (MA-PD) Plans that provide Part D benefits. Based upon the current guidelines from CMS, these Pla...
73
10K
3801
642
The following table sets forth the computation of basic net income per share and diluted net income per share:
19
10K
1527
549
Conseco had no investments in any single entity in excess of 10 percent of shareholders' equity at December 31, 2000, other than investments issued or guaranteed by the United States government or a United States government agency.
37
10K