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5291
974
In November 2016, our Georgia subsidiary, Peach State Health Plan, was awarded a statewide managed care contract to continue serving members enrolled in the Georgia Families managed care program, including PeachCare for Kids and Planning for Healthy Babies. Through the new contract, Peach State Health Plan will be one ...
75
10K
NatwestGroupPLC-AR_2019
1,514
 There is the ability to apply discretion in appropriate circumstances and the Committee has used discretion in the past to apply downwards adjustments to LTI outcomes.
27
annual_report
AegonNV-AR_2011
3,358
Holding and other activities include certain issued bonds that are held at fair value through profit or loss (FVTPL).
19
annual_report
gb_prudential-AR_2013
1,960
The Chairman receives an annual fee for the performance of their role. This fee is agreed by the Remuneration Committee and is paid to the Chairman in cash, subject to the appropriate deductions. On appointment, the fee may be fixed for a specified period of time. Following the fixed period (if applicable) this fee wil...
67
annual_report
5213
999
A VIE is an entity: a) that lacks enough equity investment at risk to permit the entity to finance its activities without additional subordinated financial support from other parties; or b) where the group of equity holders does not have: (1) the power, through voting rights or similar rights, to direct the activities ...
237
10K
NatwestGroupPLC-AR_2016
5,887
The Group adopted a number of revisions to IFRSs effective 1
11
annual_report
3798
1,086
The Company’s current operates in four business segments. The specialty reinsurance segment was placed into run-off effective July 1, 2008.
20
10K
SwissReAG-AR_2020
385
Having access to this wealth of data and analytics creates a tremendous opportunity for academics, researchers and analysts. It provides the basis for new modelling, groundbreaking analyses and actionable solutions.
30
annual_report
Sampoplc-AR_2005
2,054
Strong profitability performance continued A favourable operating environment, expanded product portfolio and higher quality doubled operating profit.
17
annual_report
NatixisSA-AR_2003
2,462
FRUCTIBAIL Real estate lease financing 100 100 100 100 100 100
11
annual_report
5146
977
(c)a hedge of a net investment in a foreign operation or
11
10K
AegonNV-AR_2016
6,490
Group, and to the insurance and reinsurance undertakings in the Aegon Group. As the prudential supervisor, DNB will nonetheless monitor Aegon’s capital management policies. Aegon applies its own capital management policies that determine the Company's risk tolerances on the basis of self-imposed criteria. These policie...
102
annual_report
3437
1,029
FOR THE YEAR ENDED DECEMBER 31, ------------------------------- ($ IN THOUSANDS) 2007 2006 2005 ------- ------- ------- Net investment income $14,257 $13,948 $13,632 Realized capital gains and losses (417) (1,255) (174) Income tax expense (4,835) (4,433) (4,671) ------- ------- ------- Net income $ 9,005 $ 8,260 $ 8,78...
50
10K
de_allianz-AR_2013
2,856
Most active German employees participate in a contributionbased system using different vehicles to cover the base salary both below and above the German social security ceiling. The Allianz Versorgungskasse VVaG (AVK) financed through employee contributions and the Allianz Pensionsverein e.V. (APV) financed by the empl...
71
annual_report
TrygAS-AR_2011
913
Chairman. The Deputy Chairman will act in the Chairman’s absence and in general serves as a discussion partner for the Chairman.
21
annual_report
ScorSE-AR_2018
5,310
The Group aims at retaining talented employees by facilitating work-life harmony through the development of an innovative and flexible working environment and dedicated events raising awareness on health and wellbeing at work. In 2018, the turnover rate was 8.6% (number of departures in 2018 (excluding dismissals, deat...
68
annual_report
StorebrandASA-AR_2018
332
An active owner 13) Our property investments and all management services procured are ISO or Eco-Lighthouse certified.
17
annual_report
NatwestGroupPLC-AR_2013
1,714
Assets Loans and advances to banks - UK 29,843 277 0.93
11
annual_report
PhoenixGroupHoldingsPLC-AR_2012
1,001
The rights and obligations attaching to the Company’s ordinary shares are set out in the Company’s Articles of Association (‘the Articles’) which are available on the Company’s website at www.thephoenixgroup.com/about-us/corporategovernance /articles-of-association.aspx.
31
annual_report
4864
1,586
On February 1, 2015, Protective Life Corporation (the "Company") became a wholly owned subsidiary of The Dai-ichi Life Insurance Company, Limited, a kabushiki kaisha organized under the laws of Japan ("Dai-ichi Life"), when DL Investment (Delaware), Inc. a wholly owned subsidiary of Dai-ichi Life, merged with and into ...
157
10K
5938
761
Global Indemnity Group, LLC’s short term and long term liquidity needs include but are not limited to the payment of corporate expenses, debt service payments, dividend payments to shareholders, and share repurchases. In order to meet their short term and long term needs, Global Indemnity Group, LLC’s principal sources...
163
10K
StorebrandASA-AR_2003
1,536
CONTENT: PAGE: Key Figures Group 2 Main Events of 2003 3 Storebrand at a Glance 4 In the Words of the CEO 8 Report of the Board of Directors 10 Highlights Financial Performance and Business Development 18 Financial Risk Managment 20 Corporate Social Responsibility 22 Increasing the Pension age – a Shared Responsibility...
54
annual_report
StandardLifeAberdeenPLC-AR_2019
2,949
Less than 1 year 3 4 Greater than or equal to 1 year and less than 2 years 3 3 Greater than or equal to 2 years and less than 3 years 2 3 Greater than or equal to 3 years and less than 4 years – 3 Greater than or equal to 4 years and less than 5 years – 1 Greater than or equal to 5 years and less than 10 years – 5 Grea...
109
annual_report
4219
1,842
The components of Accumulated other comprehensive income (loss) are as follows:
11
10K
2742
1,184
Our loss and loss adjustment expenses estimates from hurricane losses are calculated in accordance with the coverage provided in the respective policies. The Company’s homeowners policies specifically exclude coverage for losses caused by flood, but generally provide coverage for damage caused by wind and wind driven r...
69
10K
4514
921
We recognize the workforce reduction costs related to restructuring activities resulting from a one-time benefit arrangement when we identify the specific classification (or functions) and locations of the employees being terminated, notify the employees, and expect to terminate employees within the legally required no...
70
10K
SwissReAG-AR_2015
101
our 2011–2015 group financial targets 700 bps above risk free average over five years 10% average per share growth plus dividends over five years 10% average annual growth rate, adjusted for special dividends earnings per share (in USD*)
38
annual_report
5053
959
national basis primarily through networks of independent insurance agents and brokers, broker-dealers, financial institutions, and independent marketing organizations.
18
10K
SwissReAG-AR_2014
1,879
̤ 14% Income tax expense ̤ 57% Net income paid out as dividend ̤ 19% Net income added to retained earnings
21
annual_report
10
159
The following is an analysis of the results of operations and financial condition of ICH and its consolidated subsidiaries. The consolidated financial statements and related notes and schedules included elsewhere in this Form 10-K should be read in conjunction with this analysis.
42
10K
gb_prudential-AR_2014
2,280
The Group performs a re-assessment of consolidation whenever there is a change in the substance of the relationship between the Group and a limited partnership. Where the Group is deemed to control limited partnership, it is treated as a subsidiary and its results, assets and liabilities are consolidated. Where the Gro...
88
annual_report
NatwestGroupPLC-AR_2020
1,221
Retail insights 1. Future climate-related risks amplify current risks. Initial modelling with a limited sample indicates that physical and transition risks will intensify over a period of time, example properties with poor EPC ratings or those with existing risk of flooding. NatWest Group has launched various initiativ...
58
annual_report
ASRNederlandNV-AR_2016
1,723
The principles followed for drafting, adopting, applying and enforcing the Group Remuneration Policy are described below. 1. HR policy: a. The remuneration policy strikes a balance between trust in intrinsic motivation on the one hand and agreement on clear targets and assessment of performance on those targets on the ...
71
annual_report
NatwestGroupPLC-AR_2014
2,337
RBS’s business activities and financial position, the factors likely to affect its future development and performance and its objectives and policies in managing the financial risks to which it is exposed and its capital are discussed in the Business review. The risk factors which could materially affect RBS’s future r...
110
annual_report
ASRNederlandNV-AR_2010
1,051
Anti-fraud The role of the Anti-fraud department is to execute ASR Nederland’s zero tolerance policy on fraud. ASR Nederland rejects any unfair practices or fraud. Anti-fraud is responsible for fraud prevention, fraud investigation and repression: • Fraud prevention: measures are taken to prevent unfair practices or fr...
71
annual_report
2157
831
Net premiums from commercial insurance, which represent 37% of our total writings, increased by 21% in 2003 compared with a 37% increase in 2002. The substantial premium growth in both years, which occurred in all segments of this business, was due in large part to significantly higher rates as well as an increase in o...
173
10K
4732
750
Retail segment pretax income was $1.3 billion in 2013, an increase of $122 million, or 10.5%, compared to 2012 primarily reflecting improved operating performance over the prior year. The improved operating performance primarily was driven by membership growth as well as a decrease in the operating cost ratio.
48
10K
PhoenixGroupHoldingsPLC-AR_2010
1,104
For units in unit trusts and shares in open-ended investment companies, fair value is by reference to published bid-values. The fair value of receivables and floating rate and overnight deposits with credit institutions is their carrying value. The fair value of fixed interest-bearing deposits is estimated using discou...
51
annual_report
fr_axa-AR_2008
3,584
Reinsurers’ share in insurance and investment contracts liabilities 5,055 2,269 4,985 – – – (272) 12,038
16
annual_report
PosteItalianeSpA-AR_2017
5,793
Items in process 298 203 - items in transit between local branches 8 8
14
annual_report
4431
391
Both of the GSEs have guidelines on terms under which they can conduct business with mortgage insurers, such as MGIC, with financial strength ratings below Aa3/AA-. (MGIC’s financial strength rating from Moody’s Investor Service is B1, with a negative outlook, and from Standard & Poor’s Rating Services is B, with a neg...
87
10K
5818
977
Gross written premiums increased by 7.8% to $9,133.4 million in 2019, compared to $8,475.2 million in 2018, reflecting a $526.9 million, or 23.4%, increase in our insurance business and a $131.3 million, or 2.1%, increase in our reinsurance business. The rise in insurance premiums was primarily due to increases in many...
189
10K
1554
741
The statutory combined ratio is one traditional method of measuring the underwriting performance of a property/casualty insurer. This ratio, which is based upon statutory accounting principles (which differ from generally accepted accounting principles in several respects), reflects underwriting experience, but does no...
65
10K
AssicurazioniGeneraliSpA-AR_2019
4,545
Generali Financial Holding FCP-FIS - SubFund 2 092 EUR 10,387,833 G 11 4.70 Generali Deutschland AG 100.00 99.82 4.70 Alleanza Assicurazioni S.p.A.
22
annual_report
gb_prudential-AR_2017
2,009
The Committee also reviewed the membership of the Material Subsidiary audit committees.
12
annual_report
2616
708
Losses and Loss Adjustment Expenses. Losses and loss adjustment expenses increased to $219.4 million for the year ended December 31, 2004 compared to $199.7 million for 2003. Our loss ratio (losses and loss adjustment expenses divided by net earned premiums, fee income and other income) fell to 54.6% for 2004 from 57.9...
188
10K
3305
8,462
During fiscal 2005 (combined basis), Vanguard paid approximately $6,000 of the out-of-pocket expenses of MSCP related to their review of Vanguard’s proposed transactions and reimbursement for travel and related expenses. MSCP maintained an equity interest in Vanguard of 17.3% as of June 30, 2007. Also, one of Vanguard’...
132
10K
4962
1,439
As of December 31, 2014, BCRH had $8.0 million of outstanding borrowings under the BCRH Credit Agreement. Of these borrowings, $4.0 million was repaid on January 26, 2015, and (while outstanding) was subject to an annual interest rate of 1.33%, and $4.0 million must be repaid no later than April 10, 2015, and is subjec...
62
10K
GjensidigeForsikringASA-AR_2010
6
October It was decided that Gjensidige’s head office would be moved to a new building on Schweigaardsgate in the centre of Oslo. The new building shall be ready in the fourth quarter of 2013.
34
annual_report
5153
1,263
Based on the above assumptions, we estimate an unfavorable combined long-term and short-term interest rate impact on our consolidated operating earnings from the Low Interest Rate Scenario of approximately $65 million in 2016, $210 million 2017 and $375 million in 2018. Under the Low Interest Rate Scenario, our long-te...
158
10K
NatixisSA-AR_2010
7,814
The General Shareholders’ Meeting, deliberating in accordance with the quorum and majority requirements for extraordinary business, having reviewed the report of the Board of Directors: 1) has decided to implement a reverse split of the shares making up the capital of the Company, so that every seven (7) shares with a ...
135
annual_report
4497
1,142
The combined ratio improved 3.1 points in 2010 as compared with 2009. The loss ratio improved 3.7 points, primarily due to increased favorable net prior year development, partially offset by the impact of higher catastrophe losses. Catastrophe losses were $113 million, or 3.5 points of the loss ratio, for 2010, as comp...
64
10K
5193
998
The purpose of liquidity management is to ensure that there is sufficient cash to meet all financial commitments and obligations as they fall due. The liquidity requirements of the Company and its subsidiaries have been met primarily by funds generated from operations, capital raising, disposal of discontinued operatio...
120
10K
StandardLifeAberdeenPLC-AR_2015
766
This report was prepared by the Company’s executive team together with the Board and forms part of the management report.
20
annual_report
LloydsBankingGroupPLC-AR_2017
2,948
The Group’s treatment of loan renegotiations is included in the impairment policy in note 2(H) on page 176 Income statement information set out in the credit risk tables is on an underlying basis (see page 43).
36
annual_report
4091
818
The Fair Value Measurements and Disclosures Topic 820 of the FASB ASC has undergone substantial changes in recent years, including the issuance of several pronouncements predating the Codification. In September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements,” which defined fair value, established a framew...
215
10K
AvivaPLC-AR_2005
905
2. “Benefits”. All the executive directors received the benefit of private medical insurance and, along with the Chairman, a car allowance. The above disclosure also includes, in respect of Richard Harvey, an amount relating to the cost incurred by the Company of insuring the life assurance and spouses’ benefits which,...
134
annual_report
2392
2,403
AIG’s internal review was complemented by investigations by outside counsel for AIG and for the Audit Committee of the Board of Directors. PricewaterhouseCoopers LLP, an independent registered public accounting firm (PwC or independent auditors) was consulted on the scope of the internal review for certain matters and ...
54
10K
3443
1,281
Effective October 1, 2005, Darwin Group, through its subsidiary DNA, entered into a series of reinsurance and commutation agreements with the Capitol Companies. Overall, these reinsurance agreements had the effect of transferring to DNA all of the in-force business produced by DPUI and issued on policies of the Capitol...
82
10K
RaiffeisenBankInternationalAG-AR_2013
501
Throughout the year the Group produces consolidated monthly reports for Group management. Statutory interim reports are produced that conform to the provisions of IAS 34 and are also published quarterly in accordance with the Austrian Stock Corporation Act. Before publication, the consolidated financial statements are ...
105
annual_report
4241
928
As part of our regular review of prior reserves, our actuaries may determine, based on their judgment, that certain assumptions made in the reserving process in prior years may need to be revised to reflect various factors, likely including the availability of additional information. As a result of their reserve analys...
57
10K
5603
753
Litigation. Torchmark and its subsidiaries are subject to being named as parties to pending or threatened litigation, much of which involves punitive damage claims based upon allegations of agent misconduct at the insurance subsidiaries. Such punitive damage claims may have the potential for significant adverse results...
148
10K
2335
1,498
Interest Rate Cap Agreements. The interest rate cap agreements, which expire in 2006 through 2008, entitle LNC to receive quarterly payments from the counterparties on specified future reset dates, contingent on future interest rates. For each cap, the amount of such quarterly payments, if any, is determined by the exc...
156
10K
PhoenixGroupHoldingsPLC-AR_2011
413
The Group’s headroom at 31 December 2011 was £0.4 billion (2010: £0.1 billion).
13
annual_report
AegonNV-AR_2014
4,769
Revalued amounts Real estate held for own use Direct capitalization technique
11
annual_report
HelvetiaHoldingAG-AR_2015
1,308
Acquired intangible assets are recognised at cost and amortised over their useful life. If a portfolio of insurance contracts or investment contracts is acquired, an intangible asset is recognised for an amount that equals the present value of all expected future gains minus the solvency costs included in the acquired ...
131
annual_report
RSAInsuranceGroupPLC-AR_2012
1,846
They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
27
annual_report
962
203
In November 1997, the Company purchased 91 acres in Mayfield Village, Ohio to construct an office complex near the site of its current corporate headquarters. This office complex is part of a five-year cooperative effort with Mayfield Village to develop over 300 acres. Progressive would serve as the anchor corporate us...
157
10K
1701
1,442
Recently enacted or proposed legislation, regulations and initiatives could materially and adversely affect our business by increasing our operating costs, reducing our membership or subjecting us to additional litigation.
29
10K
fr_axa-AR_2003
2,117
Net technical margin increased by €146 million in 2003, or by €243 million on a constant exchange rate basis. The increase was mainly attributable to a decrease in incurred benefits related to Guaranteed Minimum Death Benefit
36
annual_report
5504
1,206
each of these expense components. Other external factors such as government-mandated benefits or other regulatory changes, the tort liability system, increases in medical services capacity, direct to consumer advertising for prescription drugs and medical services, an aging population, lifestyle changes including diet ...
171
10K
RaiffeisenBankInternationalAG-AR_2015
429
Depreciation of tangible and intangible fixed assets fell 8 per cent year-on-year, or € 30 million, to € 351 million. The most significant decline occurred in Ukraine (down € 34 million) after impairments to the brand and the customer base were recognized in the previous year. Romania also posted a reduction in expense...
103
annual_report
2321
503
For the years ended December 31, 2003, 2002 and 2001, rent expense for leases was $20.8 million, $18.1 million and $17.6 million, respectively. The future net minimum payments under noncancelable leases for the years ended December 31, 2004 through 2008 are estimated to be $17.2 million, $16.1 million, $14.6 million, $...
93
10K
ASRNederlandNV-AR_2019
1,269
E n d o f cu rr e n t te rm o f ap p o in tm e n t
22
annual_report
117
72
(b) Supplementary Data Selected quarterly financial data, included in the Annual Report of the Registrant to its shareholders on Page 1 for the year ended December 31, 1994, is incorporated herein by reference (see Exhibit 13 to this filing).
39
10K
952
291
Excluding premiums reinsured under financing-type agreements, premiums ceded to other companies were $17.7 million, $4.9 million and $12.4 million in 1998, 1997 and 1996, respectively.
25
10K
580
712
Additional information with respect to AIG's plans at December 31, 1996, and changes for the three years then ended, was as follows:
22
10K
NatixisSA-AR_2018
7,718
Loans and receivables due from banks 22 3 11 2 7 1 45
13
annual_report
fr_axa-AR_2008
7,144
we have no matters to report concerning the reasons and the conditions of the proposed capital reduction.
17
annual_report
4944
843
Claims payments outstanding increased $4.0 million, or 63.7%, to $10.2 million as of December 31, 2014, compared with $6.2 million as of December 31, 2013. The claims payments outstanding relate primarily to losses and LAE disbursements paid but not presented for payment by the policyholder or vendor. The change relate...
86
10K
2058
426
AMORTIZATION OF DEFERRED ACQUISITION COSTS totaled $16.4 million in 2002, compared with $11.6 million in 2001 and $19.4 million in 2000. The increase in amortization in 2002 was primarily related to the impact of decreased net investment losses while the decrease in amortization in 2001 is principally due to the impact...
63
10K
gb_prudential-AR_2016
182
#1 selling variable annuity contract3 in the independent channel since 2003
11
annual_report
3260
704
Our insurance subsidiaries are required by law to maintain a certain minimum level of surplus on a statutory basis. Surplus is calculated by subtracting total liabilities from total admitted assets. The National Association of Insurance Commissioners (“NAIC”) has a risk-based capital standard designed to identify prope...
118
10K
1103
685
Life premiums were up $1.4 million or 19% in 1998, to $8.4 million. Traditional life premiums of $1.1 million were earned from Savers Life and Midwestern Life in 1998. The remaining increase of $.3 million is due to premiums from existing blocks of traditional life business from Standard Life and Dixie Life.
52
10K
ch_zurich_insurance_group-AR_2012
694
Where a Director is also a member of one or more subsidiary boards of Zurich Insurance Group Ltd, the Director is entitled to an additional fee of CHF 50,000 in 2012 (CHF 50,000 in 2011) per annum plus CHF 10,000 in 2012 (CHF 10,000 in 2011) per annum if he or she also chairs an audit committee of such a board.
61
annual_report
3589
607
In December 2007, we established a $400.0 million unsecured revolving credit facility.
12
10K
NatixisSA-AR_2011
3,486
Furthermore, the liquidators of Fairfield Sentry Limited and Fairfi eld Sigma Limited have initiated a large number of proceedings against investors having received payments from these funds for redemptions of shares (over 200 proceedings have been fi led in New York). Certain Natixis entities have been named as defend...
69
annual_report
3936
1,654
The Company also acquired Preserver Group, Inc., which had fixed assets with an assigned fair value of $5.5 million on April 10, 2007.
23
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008
3,315
“To the best of our knowledge, and in accordance with the applicable reporting principles, the consolidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group, and the Group management report includes a fair review of the development and perform...
78
annual_report
1491
196
Investment income in 2000 was $4,808,908 compared to $655,755 and $10,375,464 for the years ended December 31, 1999 and 1998, respectively. The increase in investment income during 2000 compared to 1999 arose primarily as a result of reduced realized losses on sale of investment securities which was attributable to the...
103
10K
2087
342
Total securities pledged to creditors at December 31, 2002 and 2001 consisted entirely of fixed maturity securities.
17
10K
PhoenixGroupHoldingsPLC-AR_2015
1,030
This produced an AIP out-turn for the Chief Executive Officer, after reflecting personal performance, of approximately 82% of maximum.
19
annual_report
5683
2,098
We adopted this standard and all related amendments, which resulted in the recognition of $207 million in ROU assets and $214 million in operating lease liabilities reported in other assets and other liabilities, respectively, on our Consolidated Balance Sheets as of January 1, 2019. Comparative periods continue to be ...
145
10K
2027
405
Effective January 1, 2000, the Company adopted Statement of Position 98-7, "Deposit Accounting: Accounting for Insurance and Reinsurance Contracts That Do Not Transfer Insurance Risk." The Statement of Position provides guidance on accounting for insurance and reinsurance contracts that do not transfer insurance risk. ...
89
10K
4312
1,396
Net Income (Loss). The decrease in net income in 2009 compared to 2008 was mainly due to a decrease in the change in fair value of derivative instruments, which was driven primarily by changes in the market’s perception of our non-performance risk, and a decrease in net premiums earned. Offsetting these decreases, net ...
95
10K
PosteItalianeSpA-AR_2020
3,667
In line with its environmental sustainability strategy, through its subsidiaries, Poste Vita and BancoPosta Fondi SGR, the Group has joined the initiative promoted by the PRI, joining the appeal made by EU member states, business leaders, researchers and non-governmental organisations in support of a Green Recovery Pla...
166
annual_report
4359
936
We recognize other costs associated with restructuring activities as they are incurred, including moving costs and consulting and legal fees.
20
10K
5332
957
We primarily invest in the following types of derivative financial instruments: interest rate swaps, futures, forward contracts, put and call options, swaptions, embedded derivatives and warrants. We also enter into master netting agreements which reduce credit risk by permitting net settlement of transactions. At Dece...
85
10K
AdmiralGroupPLC-AR_2017
1,252
Performance targets are set to be stretching and achievable, taking into account broker forecasts, the Company’s strategic priorities and the economic environment in which the Company operates. The financial targets are set taking into account a range of reference points including the Group’s strategic plan and broker ...
77
annual_report
fr_axa-AR_2016
1,548
Fees & revenues decreased by €54 million (-17%) to €256 million. On a comparable basis, fees & revenues decreased by €27 million (-9%) mainly driven by lower sales of Protection &
31
annual_report