report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
2999
1,229
None of the cases described above includes a statement as to the dollar amount of damages demanded. Instead, each of the cases includes a demand in an amount to be proved at trial. Two of the Ohio cases state that the damages per class member are less than the jurisdictional limit for removal to federal court.
56
10K
HannoverRueckSE-AR_2019
4,121
The reinsurer’s liability is generally limited to a multiple of the ceding company’s retention.
14
annual_report
2636
4,391
In all of the jurisdictions in which we operate insurers and reinsurers are required to maintain certain minimum levels of capital and risk-based capital, the calculation of which includes numerous factors as specified by the respective insurance regulatory authorities and the related insurance regulations. We capitali...
123
10K
1321
473
CONSUMER HEALTH NETWORK PLUS, LLC 371 Hoes Lane, Suite 101 Piscataway, New Jersey 08854
14
10K
3159
587
AIHL Re was formed in June 2006 as a Vermont-domiciled captive reinsurance subsidiary of AIHL to provide catastrophe reinsurance coverage for RSUI. AIHL Re and RSUI entered into a reinsurance agreement, effective July 1, 2006, whereby AIHL Re, in exchange for market-based premiums, took that portion of RSUI’s $625.0 mi...
180
10K
AvivaPLC-AR_2012
1,964
Our committed central borrowing facilities have two financial covenants:  Borrowings (excluding non-recourse indebtedness) may not exceed total shareholders’ funds. At 31 December 2012, borrowings were 62% of total shareholders funds.
31
annual_report
1987
307
Policy acquisition costs consist of commissions and other administrative costs that the Company incurs to acquire new business. The Company currently does not defer policy acquisition costs. Premium is collected and billed and commissions and other administrative costs are incurred on a month-to-month basis. Policy acq...
53
10K
5536
1,734
8. Deferred Acquisition Costs, Deferred Sales Inducements and Value of Business Acquired
12
10K
4754
549
Consolidated Balance Sheets as of December 31, 2013 and December 31, 2012
12
10K
AvivaPLC-AR_2002
630
Closed plans The CU Long Term Incentive Plan is the Commercial Union plan approved by shareholders in 1997. Awards were granted that year but, as a result of the merger with General Accident in 1998, no further awards were made under the plan. The awards vested at the end of their relevant performance periods (1999 and...
113
annual_report
5910
1,341
An analysis of option activity for each of the three years ended December 31, 2020 is as follows:
18
10K
4912
704
In the first quarter of 2015, we announced that we identified that a substantial portion of the life insurance policies issued by our subsidiary insurance companies failed to qualify for the favorable U.S. federal income tax treatment afforded by Sections 7702 and 7702A of the Internal Revenue Code ("IRC") of 1986. As ...
162
10K
4750
1,516
Loss and Loss Adjustment Expenses; Loss Ratio. Loss and loss adjustment expenses increased $68.9 million, or 34.1%, to $270.8 million for the year ended December 31, 2012 from $201.9 million for the year ended December 31, 2011 . Our loss ratio for the segment for the year ended December 31, 2012 increased to 65.0% fro...
168
10K
AvivaPLC-AR_2005
2,139
There were no significant contributions outstanding or prepaid as at either 31 December 2005 or 2004. A
17
annual_report
gb_prudential-AR_2014
4,663
Net movement in free surplus 1,008 83 1,091 314 Balance at 1 January: Effect of domestication of Hong Kong branch on 1 January 2014note 9 (35) – (35) –
29
annual_report
5883
837
A loss portfolio transfer is a retroactive reinsurance contract. If the cumulative claim and allocated claim adjustment expenses ceded under a loss portfolio transfer exceed the consideration paid, the resulting gain from such excess is deferred and amortized into earnings in future periods in proportion to actual reco...
112
10K
3953
1,621
In 2007, other after-tax adjustments included (1) the positive effect of: (a) a gain on sale of a real estate property that qualifies for discontinued operations treatment ($20.0 million) and (b) gains associated with our terminated commercial mortgage securities issuance operation that has been exited but does not qua...
73
10K
3686
1,012
The Company’s defined benefit pension plan is a noncontributory, qualified, defined benefit plan with benefits based on the employee’s years of service. The Company’s policy is to fund all accrued pension costs. Contributions are intended to provide not only for benefits attributable to past service, but also for those...
71
10K
fr_axa-AR_2017
204
Acquisition of (i) Charter Ping An Insurance Co. and (ii) the Polish Property & Casualty operations of Liberty Ubezpieczenia from Liberty Mutual Insurance G roup; and
26
annual_report
2000
860
Substantially all full-time employees are covered by deferred compensation plans under which a portion of the employee contribution is matched. Contributions by Standard to the plans for 2002, 2001, and 2000 were $2.8 million, $2.5 million and $2.2 million, respectively.
40
10K
3679
2,203
As of December 31, 2008, we had $3.5 billion of fixed and floating rate non-recourse funding obligations outstanding backing additional statutory reserves. Of these obligations, $1.7 billion were guaranteed by third-party financial guaranty insurance companies and the interest rates on these obligations are subject to ...
107
10K
2380
316
December 31, ---------------------------- 2004 2003 ----------- ----------- Accrued compensation $ 1,952,000 $ 3,351,000 Accrued sales bonus 95,000 2,022,000 Accrued sales convention costs 112,000 1,381,000 Commissions payable 381,000 832,000 Payable to insurance carrier 237,000 345,000 Accounts payable 391,000 548,000...
57
10K
nl_ing_grp-AR_2018
3,914
Financial assets at fair value through profit or loss, Financial assets at fair value through other comprehensive income and Securities at amortised cost
23
annual_report
HelvetiaHoldingAG-AR_2012
1,972
Helvetia Group establishes reserves for its life insurance business to cover its expect­ ed guaranteed and discretionary payments. The amount of the life insurance reserves depends on the interest rates applied, actuarial parameters and other influencing fac­ tors. Additionally, the Liability Adequacy Test (LAT) examin...
70
annual_report
Sampoplc-AR_2000
204
Sampo-Leonia’s WAP banking services won first prize at the international conference arranged by the World Information Technology and Services Alliance (WITSA). At the beginning of 2000 Sampo-Leonia was the first Finnish bank to offer its customers the opportunity to make direct stock exchange transactions on the Intern...
69
annual_report
4013
430
Lower equity in earnings of investees in 2008 as compared to 2007, was principally due to lower earnings from Northbridge Financial Corporation (“Northbridge”), an affiliated company, due to a change in accounting for Northbridge from equity method to fair value effective January 1, 2008.
44
10K
AegonNV-AR_2014
3,975
Individual savings and retirement products 1,319 - - 37 1,356 29 Assets and liabilities held for sale Assets and liabilities held for sale include disposal groups whose carrying amount will be recovered principally through a sale transaction rather than through continuing operations. This relates to businesses for whic...
84
annual_report
5069
901
Tiptree consolidates those entities in which it has an investment of 50% of voting rights or more or has control over significant operating, financial and investing decisions of the entity as well as those entities deemed to be variable interest entities (VIEs) in which Tiptree is determined to be the primary beneficia...
187
10K
2942
869
Merrill Lynch Life’s effective federal income tax rate decreased to 25% for 2005 from 30% for 2004 primarily due to period-to-period differences in DRD and FTC adjustments as noted in the Critical Accounting Policies section above.
36
10K
5324
962
Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $1.6 million, $1.3 million, $0.8 million, respectively. The Company’s real estate consists of 14 acres of land, four buildings with a gross area of 191,000 square feet and a parking garage.
44
10K
AdmiralGroupPLC-AR_2018
2,959
13a. Reconciliation of turnover to reported gross premiums written and Other Revenue as per the financial statements £m £m
19
annual_report
5119
633
Level 3 - Valuations based on unobservable inputs such as when observable inputs are not available or inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
40
10K
2072
794
: The Transportation category includes airlines, railroads, trucking and shipping companies. Most of these sectors are experiencing some effects from the cyclical downturn. However, the airline industry has been particularly hard hit with demand reduced by the events of September 11, the weak economy and structural cha...
187
10K
2698
389
As the discussion above indicates, many judgments are involved in timely identifying and valuing investments, including other-than-temporary impairments on securities. Inherently, there are risks and uncertainties involved in making these judgments. See the discussion of Investments and Note 4 for further details. Crit...
88
10K
4598
1,653
The amounts recognized in our consolidated balance sheets for our pension and OPEB plans at December 31, 2012 and 2011 are as follows:
23
10K
5077
1,401
Benefits and expenses of our Gibraltar Life and Other operations decreased $2,791 million including a net favorable impact of $277 million from currency fluctuations. Excluding the impact of currency fluctuations, benefits and expenses decreased $2,514 million. Policyholder benefits, including changes in reserves, decr...
75
10K
LloydsBankingGroupPLC-AR_2020
7,336
Note 9: Financial liabilities at fair value through profit or loss Financial liabilities designated at fair value through profit or loss represent debt securities in issue which are accounted for at fair value to significantly reduce an accounting mismatch. The changes in the credit risk of these liabilities are linked...
110
annual_report
gb_prudential-AR_2013
2,303
Net unrealised valuation movements on securities of US insurance operations classified as available-for-sale: Net unrealised holding (losses) gains arising during the year (2,025) 930 Net gains included in the income statement on disposal and impairment (64) (68)
37
annual_report
5713
1,861
Similar to Property & Casualty, profitability of the Group Benefits business depends, in large part, on the ability to evaluate and price risks appropriately and make reliable estimates of mortality, morbidity, disability and longevity. To manage the pricing risk, Group Benefits generally offers term insurance policies...
227
10K
5417
866
During 2017 we sold our wholly-owned Irish life subsidiary Laguna and recorded a loss on sale of $16.3 million.
19
10K
SwissReAG-AR_1996
479
Total techn ica l p ro v is io n s 44 129 -1 597 42 532 30 744 -1 138 29 606
23
annual_report
BaloiseHoldingLtd-AR_2016
2,287
Baloise Group Financial Report 2016 Notes to the consolidated annual financial statements 09_FB_Kapitel_07_bis_17_en 190 22.03.2017 15:01:31
16
annual_report
3610
1,336
Net favorable reserve development of $70.6 million for our casualty segment, which consisted of $153.7 million of favorable reserve development primarily related to low loss emergence in our professional liability line of business for the 2003 through 2006 loss years, low loss emergence in our healthcare line of busine...
72
10K
4431
917
At December 31, 2011 and 2010, the investment portfolio had gross unrealized losses of $14.6 million and $73.6 million, respectively. For those securities in an unrealized loss position, the length of time the securities were in such a position, as measured by their month-end fair values, is as follows:
49
10K
4654
1,257
Health Plans segment receivables consist primarily of amounts due from the various states in which we operate. Accounts receivable were as follows:
22
10K
ScorSE-AR_2019
1,625
2.2.3.2. Free allocation of shares to the members of the Executive Committee and the executive corporate officer as at December 31, 2019
22
annual_report
2024
573
Lloyd's syndicates report the amounts of premiums, claims, and expenses recorded in an underwriting account for a particular year to the companies or individuals that participate in the syndicates. The syndicates generally keep accounts open for three years. Traditionally, three years have been necessary to report subs...
346
10K
961
293
The consolidated financial statements include the accounts of Cotton States Life Insurance Company, its wholly owned subsidiaries, CSI Brokerage Services, Inc. (CSI) and Cotton States Marketing Resources, Inc. (CSMR). All significant intercompany balances and transactions have been eliminated in consolidation.
40
10K
4933
938
interest. The amount, timing and extent of the concession granted is considered in determining if an impairment loss is needed for the restructuring.
23
10K
de_allianz-AR_2012
2,587
Bifurcation Some of the Allianz Group’s universal life-type and investment -type insurance contracts contain features, which are not closely related to the underlying insurance contracts. These features are bifurcated from the insurance contracts and accounted for as derivatives in line with IFRS 4 and IAS 39.
46
annual_report
5415
15,836
Fair values of pension plan assets as of December 31, 2016
11
10K
INGGroepNV-AR_2010
3,330
Earnings sensitivities are defined on moderate stress scenarios for pre-tax IFRS earnings. The tables below present figures before diversification between risks and business units. Interest rates are shocked 30% upwards and downwards relative to the ten year swaps rate. The credit sensitivity in the table below is base...
114
annual_report
INGGroepNV-AR_2006
631
The Diversity Mentoring Programme, which will be extended to 100 mentors in 2007, is a cross-business-line programme that supports the mentoring of talented staff by Executive Board and top-200 members with a different background from the person they mentor. Different internal staff minority networks are increasingly a...
86
annual_report
2022
573
Goodwill and Other Intangible Assets We account for goodwill and other intangible assets in accordance with SFAS No. 141 and SFAS No. 142. SFAS No. 141 requires all business combinations initiated after June 30, 2001 to be accounted for using the purchase method and states that acquired intangible assets should be sepa...
110
10K
HelvetiaHoldingAG-AR_2019
569
It is expected that the technical profitability of the global non-life insurance sector improved slightly in 2019 relative to the previous year. In particular, this can be attributed to a lower impact from natural catastrophes, which was around 40 % lower than in the previous year.6 In Germany, the sector ’s combined r...
100
annual_report
ScorSE-AR_2009
3,815
None of the expenses referred to in paragraph 5 of Article 39 of the French General Tax Code is considered as nondeductible for tax income 2009.
26
annual_report
3540
1,078
The Company’s insurance subsidiaries are domiciled in the states of Delaware, New Jersey, New York and Arizona. The maximum dividend that could be paid by the insurance companies to the Company in 2008, without prior regulatory approval, is $163.3 million.
40
10K
5110
764
Net realized investment gains were $35.9 million for 2014, compared with $27.4 million for 2013. The net realized investment gains for 2014 consist primarily of net gains of $2.2 million related to the Company’s fixed maturities and $55.0 million related to its equity securities, offset by losses of $20.8 million relat...
112
10K
SwissReAG-AR_2000
314
Swiss Re’s employment model includes f lexible annual working time, teleworking, part-time opportunities and an increased number of apprenticeships. The Group encourages staff to strike a healthy long-term balance between work and private life, with support and counselling packages for maternity or paternity leave and ...
71
annual_report
4464
678
The fair values of our high yield credit default contracts are primarily based on indications of bid/ask pricing data. The bid/ask data represents non-binding indications of prices for which similar contracts would be exchanged. Pricing data for the high yield index contracts is obtained from one to three sources depen...
60
10K
5890
925
insurance policies. Generally, we act as an agent and view our client to be the party looking to obtain insurance coverage for various risks, or an employer or sponsoring organization looking to obtain insurance coverage for its employees or members. Also, we act as an agent in reinsurance broking arrangements where ou...
137
10K
PowszechnyZakladUbezpieczenSA-AR_2017
1,914
PZU Życie level covers both systemic activities carried out by the Compliance Department and ongoing compliance risk management activities which are the responsibility of the heads of organizational units or cells in the Companies.
34
annual_report
4145
2,642
The Company historically participated in structured transactions in project finance related areas under which the Company provided a cash loan supporting trade finance transactions. These transactions are accounted for in accordance with guidance governing accounting by certain entities (including entities with trade r...
171
10K
4847
1,292
Owned and joint venture hotels RevPAR increased $8.93 to $174.08 in 2012 as compared to 2011 reflecting improving occupancy and average room rates; occupancy rates increased to 76.3% in 2012 from 73.6% in 2011; and average room rates increased by $3.65, or 1.6%, in 2012 as compared to 2011.
49
10K
NatixisSA-AR_2008
11,952
price offer and global placement; December 7: listing of the shares under the name Natixis; and ■
17
annual_report
5511
2,815
Under the terms of the swaps, AFG receives fixed-rate interest payments in exchange for variable interest payments based on short-term LIBOR. The notional amounts of the interest rate swaps generally decline over each swap’s respective life (the swaps expire between August 2019 and June 2030) in anticipation of the exp...
224
10K
5518
2,996
There were no hedged forecasted transactions, other than the receipt of payment of variable interest payments, for December 31, 2018. At December 31, 2017, the maximum length of time over which the Company was hedging its exposure to variability in future cash flows for forecasted transactions did not exceed two years.
51
10K
PhoenixGroupHoldingsPLC-AR_2018
328
IN-FORCE BOOK CASH EMERGENCE Capital requirements of operating life companies decline as policies mature, releasing capital in the form of cash
21
annual_report
3553
1,188
In accordance with the terms of the letter of credit facility, the Company is required to maintain assets on deposit to secure the drawn portion of the facility. As at December 31, 2007 and 2006, approximately $82.0 million and $75.4 million, respectively, of fixed maturity securities were pledged in favor of ceding co...
65
10K
5113
2,129
Due to the concentration of commercial mortgage loans in California, the Company could be exposed to potential losses as a result of an economic downturn in California as well as certain catastrophes, such as earthquakes and fires, which may affect the region.
42
10K
NatwestGroupPLC-AR_2015
448
Sustainable Banking Committee Provides support to the Board in overseeing actions being taken by management to run a sustainable long term business, with specific focus on culture, people, customer, brand and Environmental Social and Ethical issues.
36
annual_report
StandardLifeAberdeenPLC-AR_2017
2,357
During the year, the Committee also took advice from Deloitte LLP (a member of the Remuneration Consultants Group).
18
annual_report
DirectLineInsuranceGroupPLC-AR_2015
2,508
Note: 1. Reflects a 1% decrease in the profit for each year of the five-year forecast.
16
annual_report
5100
711
Income (loss) on Variable Interest Entities. Included within Income (loss) on variable interest entities are income statement amounts relating to VIEs consolidated under the Consolidation Topic of the ASC, including gains or losses attributable to consolidating or deconsolidating VIEs during the periods reported. Gener...
200
10K
AegonNV-AR_2006
2,698
This product is not sensitive to equity returns until the no lapse guarantee threshold is breached.
16
annual_report
AegonNV-AR_2004
1,369
Products are sold directly through independent brokerage agents, captive/career agents and general agents. Sales of longterm care insurance in this division will be discontinued in 2005, as announced in 2004.
30
annual_report
2241
1,924
• $517.0 of not-rated securities - securities not rated by a national rating service - representing 1.8% of our total portfolio
21
10K
ScorSE-AR_2018
3,414
Change in scope of consolidation and contract portfolio exchanges - 12 12 - - - - - -
18
annual_report
4851
3,559
The Medicare Part D subsidy provided by the government is not subject to tax. However, the amount a company can otherwise deduct for retiree health care expenses must be reduced by the amount of the Medicare Part D subsidy received and not taxed in that year, effectively making the subsidy taxable. During 2013, the Com...
138
10K
HiscoxLtd-AR_2019
206
† These figures have been restated to reflect previously announced tax provisions. See notes 2.2 and 4 to the financial statements.
21
annual_report
79
214
In evaluating this information, it should be noted that conditions and trends affecting the development of liabilities in the past may not occur in the future. Accordingly, it is not appropriate to extrapolate future redundancies or deficiencies based on these tables. Current actuarial studies indicate that liabilities...
64
10K
HelvetiaHoldingAG-AR_2017
2,223
– Counterparty risks associated with loans and mortgages: The largest items in the asset class of loan form the promissory note loans (92.6 %), as well as policy loans (5.6 %). The policy loans are secured through life insurance policies. Since only a certain percentage of accumulated capital (<100 %) is invested, this...
124
annual_report
4030
1,397
Other-than-temporary impairment losses decreased $556.1 million during 2009, primarily due to lower fixed maturity and equity security impairments driven by stabilizing market conditions and changes in accounting literature pertaining to other-than-temporary impairments of investment securities.
35
10K
5957
1,891
We have audited the consolidated statement of income, comprehensive income (loss), shareowner’s equity and cash flows of Protective Life Insurance Company and its subsidiaries (the “Company”) for the year ended December 31, 2018, including the related notes and financial statement schedules as of and for the year ended...
110
10K
4659
5,917
As of December 31, 2012, Indemnity has available a $100 million bank revolving line of credit that expires on November 3, 2016. There were no borrowings outstanding on the line of credit as of December 31, 2012. Bonds with a fair value of $108 million were pledged as collateral on the line at December 31, 2012.
56
10K
5625
695
Provision for income taxes - We allocate the provision for income taxes to the risk management segment using local statutory rates. The risk management segment’s effective tax rate in 2018, 2017 and 2016 was 26.4%, 38.2% and 37.8%, respectively. In fourth quarter 2017, new tax legislation was enacted in the U.S., which...
166
10K
4770
1,481
Our non-performance risk adjustment currently results in a material reduction of our typical fair premium amounts, which in turn has a positive impact on the fair value of these derivatives.
30
10K
3737
1,025
During the year ended December 31, 2008, we settled disputes with the IRS relating to certain tax years and involving industry issues which we had been discussing with the IRS for several years. In certain years tax positions have been resolved but the overall tax year may require additional approval from the Joint Com...
153
10K
5839
1,069
At December 31, 2020 and 2019, there were no investments which exceeded 10% of total shareholders' equity in entities other than obligations of the U.S. Government and federally sponsored government agencies and authorities.
33
10K
5037
1,038
It is the practice of the Commonwealth to pay us for eligible members only after those members have been assigned to us, and our plan has sent electronic confirmation of the receipt of eligibility. Particularly in the early stages of our contract with Puerto Rico, the plan's confirmation of eligibility of certain membe...
121
10K
4741
1,418
The Property and Marine segment net losses from current year major catastrophes, with related premium adjustments, increased the net loss and LAE ratio by 12.5 points, 30.2 points and 149.1 points for the years ended December 31, 2013, 2012 and 2011, respectively.
42
10K
NatwestGroupPLC-AR_2017
1,684
In recent years, RBS has made progress in strengthening its control environment. Throughout 2017, there was a sustained focus on consolidating progress and driving further improvements across each of the franchises and functions. In particular, this resulted in measurable improvement in the Personal & Business Banking ...
134
annual_report
2248
803
Infinity owned warrants to buy the common stock of a publicly traded company in 2002. Under generally accepted accounting principles, these investments are considered derivatives and marked to market resulting in realized gains and losses. Realized gains (losses) on investments include a loss of $281,000 in 2002 to adj...
65
10K
nl_ing_grp-AR_2019
1,372
ING and the Supervisory Board are operating is now even more complex and challenging than before. The Supervisory Board will therefore continue to closely monitor and assess developments in the areas of financial and non-financial risk, compliance and internal control, as well as in the regulatory and external supervis...
50
annual_report
4807
1,583
The contractual maturities of the Company’s fixed maturity securities classified as held-to-maturity are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
40
10K
4230
1,669
Higher asset-based fees were driven by an increase in average full service fee-based retirement account values and higher fee-based investment-only stable value account values in our institutional investment products business. The increase in average full service fee-based retirement account values was driven by market...
71
10K
BeazleyPLC-AR_2018
1,543
The effect of these matters is that, as part of our risk assessment, we determined that the valuation of insurance liabilities has a high degree of estimation uncertainty, with a potential range of reasonable outcomes greater than our materiality for the financial statements as a whole, and possibly many times that amo...
52
annual_report
Sampoplc-AR_2018
3,001
All policies have been split into contribution groups according to the guaranteed benefit scheme. For all contribution groups, there are separate loss absorbing buffers and hence in each contribution group, the separate investment policy must be in line with risk taking capacity to ensure the ability to meet the guaran...
84
annual_report
gb_prudential-AR_2009
835
Analysis of pre-tax IFRS profit by driver by long-term business unit 2009 £m
13
annual_report
4515
462
(All amounts in thousands of US dollars, except for amounts preceded by “C” as Canadian dollars, share and per share amounts)
21
10K