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SwissLifeHoldingAG-AR_2015
481
The fixed basic salary is determined annually by the Board of Directors, on the basis of a proposal by the Compen sation Committee, taking into account the individual member’s function-related responsibility and the current market conditions.
36
annual_report
SwissLifeHoldingAG-AR_2007
1,590
The sensitivity analysis with regard to market risk is as follows: The Swiss Life Group assumes in the embedded value calculation that all bonds are held to maturity. Upon maturity, the redemption amounts are reinvested in new bonds at rates applicable at that point in time (“new money rate”). At 31 December 2007, if t...
100
annual_report
3648
3,729
The Company’s consolidated statement of stockholders’ equity for the years ended December 31, 2008, 2007 and 2006 include gains (losses) of $495 million, ($180) million and ($17) million, respectively, related to foreign currency contracts and non-derivative financial instruments used to hedge its net investments in fo...
123
10K
5520
502
If interest rates had increased 10% from levels at December 31, 2018 and 2017, the fair value of our fixed maturity securities and short-term investments would have decreased approximately $150.6 million at December 31, 2018 and $136.0 million at December 31, 2017. These hypothetical changes in value do not take into a...
117
10K
3318
1,496
The unrealized losses of 12 months or greater duration as of December 31, 2007 on our investments in U.S. Treasury obligations were caused by interest rate movement. The contractual terms of these investments do not permit the issuer to settle the securities at a price less than the par value of the investment. Because...
89
10K
NatwestGroupPLC-AR_2017
4,922
Whilst there are no recent developments on the above to report, there remains uncertainty around the outcomes of the ongoing EC investigation, and the impact of the regulation, and they may have a material adverse effect on the structure and operation of four party card payment schemes in general and, therefore, on RBS...
57
annual_report
NatwestGroupPLC-AR_2018
2,400
Notes: (1) Geographical splits are based on country of collateral risk. (2) Residential properties including houses, flats and student accommodation. (3) Office properties including offices in central business districts, regional headquarters and business parks. (4) Retail properties including high street retail, shopp...
81
annual_report
4624
1,430
2 These ranges of high and low prices of the Parent’s common stock, as reported by the NASDAQ Global Select Market, represent actual transactions. Price quotations do not include retail markups, markdowns, and commissions. The range of high and low prices for common stock for the period beginning January 2, 2013 and en...
60
10K
AvivaPLC-AR_2016
574
Ireland general insurance operating profit increased to £41 million (2015: £30 million), reflecting continued rating and account improvement actions.
19
annual_report
2986
629
At December 31, 2006, the Company owned 124 investment securities, of which 105 were in an unrealized loss position. As of December 31, 2006 all of the Company’s fixed maturity investments were exchange traded or are readily marketable and are supported by the broker/dealer community. The total potential impact on the ...
78
10K
3385
511
Underwriting expenses represent commission and brokerage expenses and that portion of salaries, administration and other operating expenses directly attributable to underwriting activities, whereas the remainder constitutes other expenses.
28
10K
de_allianz-AR_2006
2,515
RAS Group share option plan The RAS Group awarded eligible members of senior management with share purchase options on RAS ordinary shares. The share options had a vesting period of 18 months to 2 years and a term of 6.5 to 7 years.
43
annual_report
Sampoplc-AR_2002
465
By the end of the year the Group’s staff had declined to 5,848 persons. One year earlier, the Group’s staff had numbered 9,931 persons, or, excluding the P&C insurance staff, 6,442 persons. This number includes 311 temporary staff (450). 81 per cent of the staff worked in banking and investment services, 8 per cent in ...
104
annual_report
SwissReAG-AR_2016
2,810
Some of the information provided in the following tables, is Required Supplementary Information (RSI) under US GAAP. Therefore it does not form part of these consolidated audited financial statements. Claims development information for all periods except the current reporting period and any information derived from it ...
68
annual_report
4063
670
(1) The December 31, 2007 loss and loss expenses payable balance has been adjusted for comparative purposes to reflect the loss and loss expenses payable assumed by us on January 1, 2008 from the 2008 pooling changes.
37
10K
5731
1,527
The incurred loss development tables include both reported case reserves and IBNR liabilities, as well as cumulative paid losses;
19
10K
gb_prudential-AR_2007
277
Holding company cash flow Prudential aims to generate cash for the Group without constraining the allocation of capital to optimise return from value-creating opportunities in its businesses. The holding company had a net cash outflow of £82 million in 2007, an improvement of £22 million on 2006 primarily as a result o...
84
annual_report
HannoverRueckSE-AR_2006
661
Word of thanks to our staff times. We would also like to express our appreciation to the representatives of staff and senior management for their critical yet always constructive cooperation.
30
annual_report
993
413
Market risk represents the potential for loss due to adverse changes in the fair value of financial instruments. The market risks related to financial instruments of the Company primarily relate to the investment portfolio, which exposes the Company to risks related to interest rates and, to a lesser extent, credit qua...
55
10K
gb_lloyds_banking_grp-AR_2017
5,200
Joint ventures and associates At 31 December 2017 there were loans and advances to customers of £123 million (2016: £173 million) outstanding and balances within customer deposits of £9 million (2016: £15 million) relating to joint ventures and associates.
39
annual_report
3511
8,502
•The Mississippi Attorney General filed a suit asserting that the flood exclusion found in Allstate's and other insurance companies' policies is either ambiguous, unenforceable as unconscionable or contrary to public policy, or inapplicable to the damage suffered in the wake of Hurricane Katrina. Our motion for judgmen...
52
10K
LloydsBankingGroupPLC-AR_2014
4,103
Foreign tax: Current tax on profit for the year (39) (60) (86)
12
annual_report
5108
2,361
All operating and capital loss carryforwards and tax credits can be carried forward indefinitely.
14
10K
1928
390
All goodwill assigned to our Specialty Management and Distribution Services segment is expected to be deductible for income tax purposes. Goodwill associated with the PBM Services segment is not tax deductible.
31
10K
NatixisSA-AR_2019
4,465
Global growth will therefore have dropped to its lowest since the recession: Natixis estimates global GDP growth of just 3.1% versus 3.7% in 2018. Current data indicate that US GDP decelerated from 3.1% on average over the first three quarters of 2018 to 2.3% for the same period in 2019. The euro zone experienced a sim...
167
annual_report
HannoverRueckSE-AR_2014
3,215
Office Charlotte 13840 Ballantyne Corporate Place, Suite 400 Charlotte, North Carolina 28277
12
annual_report
5930
642
(1)Primarily in consumer non-cyclical, consumer cyclical, technology, communications and industrial stocks at December 31, 2020.
15
10K
2128
333
The California HMO continues to contribute to the payment of the operating lease obligations of MHP. Although there can be no assurance that such payments will continue, management believes it likely that the California HMO will contribute approximately $49,000 to the payment of operating lease obligations in 2004. Suc...
62
10K
NatixisSA-AR_2012
5,053
Provisions for risks and other costs (38) 20 0 0 (17) (60) 23 0 0 (37)
16
annual_report
4613
1,131
The table above includes, in the pooled corporate category, exposure from primarily non-U.S. pooled corporate transactions insured by the Company. Many primarily U.S. pooled corporate obligations permit investments of up to 10% or 15% (or occasionally 20%) of the pool in non-U.S. (or non-U.S. or -Canadian) collateral. ...
73
10K
5789
624
Adjusted diluted earnings per share is defined as adjusted net income divided by the weighted-average number of shares of common stock, diluted. Adjusted diluted earnings per share is used to internally evaluate and assess our core operations and to benchmark our operating results against our competitors.
46
10K
LloydsBankingGroupPLC-AR_2010
3,631
To set the principles and parameters of remuneration policy for the Group, and to oversee remuneration policy and outcomes for those colleagues specified in the terms of reference.
28
annual_report
StorebrandASA-AR_2007
420
Additional statutory reserves Market value adjustment reserve Adjustment core capital margin Profit accrued
13
annual_report
2366
522
Other Income, Net. Other income, net primarily includes premium installment charges, fees for non-sufficient fund checks, late payment fees and other miscellaneous income and expense items. Other income, net was approximately $208,000 in 2003 compared to $153,000 in 2002. Premium installment charges included in other i...
73
10K
INGGroepNV-AR_2018
4,804
Settlement risk -Financial assets at fair value through profit or loss (trading assets and non-trading derivatives) Note 4 Financial assets at fair value through profit or loss -Financial liabilities at fair value through profit or loss (trading assets and non-trading derivatives) Note 15 Financial liabilities at fair ...
52
annual_report
881
449
As of December 31, 1998 the Company has a total $25,752,842 of cash and cash equivalents, short-term investments and investments held for sale in comparison to $17,369,993 of notes payable. FCC is further able to service this debt through existing cash balances and management fees received from the insurance subsidiari...
81
10K
StorebrandASA-AR_2017
960
Education Masters Degree in International Finance and Accounting (University of Newcastle upon Tyne) Bachelor of Business Administration (BI Norwegian Business School/University of Texas at Austin) Authorised Portfolio Manager (Norwegian School of Economics/Norwegian Society of Financial Analysts) Specialization in val...
47
annual_report
950
553
Costs associated with addressing the Year 2000 Problem were immaterial prior to 1998. For internally built applications software, the Company has consistently accounted for the Year 2000 date as a normal part of program development. Nearly all costs associated with addressing the Year 2000 Problem are internal expenses...
162
10K
fr_axa-AR_2009
4,638
Market conditions and other factors could adversely affect the carrying value of our goodwill, cause us to accelerate amortization of our DAC and VBI and/ or to derecognize deferred tax assets and deferred participation assets which could have a material adverse effect on our consolidated results of operations and fi n...
52
annual_report
ScorSE-AR_2016
531
Fair value through income on invested assets (4) 5 11 8
11
annual_report
BaloiseHoldingLtd-AR_2007
4,119
Basler Lebens-Versicherungs-Gesellschaft, Basel Life L 100.00 100.00 F CHF 50.0 25,913.1 2,413.3
12
annual_report
2188
1,488
The following table summarizes the expirations of the contractual commitments discussed above as of December 31, 2003.
17
10K
PosteItalianeSpA-AR_2020
5,007
z Amendments to IFRS 9 - Financial Instruments, IAS 39 - Financial Instruments: Recognition and Measurement and IFRS 7 - Financial Instruments: additional disclosure, which introduced temporary and limited exceptions to the application of the hedge accounting provisions so that companies can continue to comply with the...
90
annual_report
AvivaPLC-AR_2009
546
We distributed protection insurance in Australia through all major channels with a focus on the IFA channel.
17
annual_report
5557
591
Several primary drivers of volatility in net income or loss are not necessarily indicative of credit impairment or improvement, or ultimate economic gains or losses such as: changes in credit spreads of insured credit derivative obligations, changes in fair value of assets and liabilities of FG VIEs and committed capit...
139
10K
1956
682
prime rate or 1/2% above the federal funds rate plus 1.5% per annum. The new credit facility is due and payable at the maturity date, which is November 27, 2005. Interest only is payable prior to maturity.
37
10K
5117
694
(1) The IRS will not release the factors for 2016 until April or May 2016. Based on our analysis of the factors used in the IRS’ phase out calculations, it is our belief that there will be no phase out in 2016.
42
10K
588
515
In the normal course of business, the Company enters into transactions involving various types of financial instruments, including investments in debt and equity securities. These instruments involve credit risk and also may be subject to risk of loss due to currency and interest rate fluctuations. Financial instrument...
77
10K
5203
1,659
Operating revenues of $225.5 million were primarily due to $200.7 million of investment income which represents income on assets supporting our equity capital and a $9.8 million gain on the extinguishment of debt.
33
10K
NatixisSA-AR_2019
1,357
Daniel de Beaurepaire has extensive knowledge in accountancy, finance and internal control and auditing. Bernard Oppetit is a financial market specialist and has extensive experience in complex financial products and alternative investment companies.
33
annual_report
PhoenixGroupHoldingsPLC-AR_2018
1,700
Consistent with previous practice, the Remuneration Committee did not consult with employees in preparing the 2017 Remuneration Policy although will be establishing further employee engagement in 2019 in accordance with the requirement under the Corporate Governance Code. Further details are shown on page 101.
44
annual_report
969
397
The carrying value and estimated market value of the Company's portfolio of fixed maturity securities at December 31, 1998, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or pre...
50
10K
5568
1,422
Hurricanes Harvey, Irma and Maria, which occurred in the third quarter of 2017, and the Alberta Wildfires, which occurred in the second quarter of 2016, generated substantial losses in our U.S. and Int’l Marine and P&C operating segments, as well as in our GlobalRe reporting segment. As of December 31, 2018, the net re...
100
10K
5757
1,219
The Company believes that due to the short-term nature of certain assets, the carrying value approximates fair value. These assets include: cash and cash equivalent instruments, accrued investment income, and other assets that meet the definition of financial instruments, including receivables, unsettled trades and acc...
46
10K
5487
721
Our reported results, financial position and liquidity would be affected by likely changes in key assumptions that determine our net loss reserves. Management does not believe that any reasonably likely changes in the frequency of claims would affect our loss reserves. However, management believes that a reasonably lik...
147
10K
4664
598
Premium taxes as a percentage of specialty insurance segment premiums were 1.7% in 2012 and 2011, and 1.5% in 2010.
20
10K
5928
2,144
•Net investment gains (losses) and related charges and adjustments, which are significantly influenced by economic and market conditions, including interest rates and credit spreads, and are not indicative of normal operations. Net investment gains (losses) include gains (losses) on the sale of securities, impairments,...
95
10K
NatixisSA-AR_2012
4,010
R SEP-type structures. These entities are not consolidated inasmuch as each partner recognizes its share of the SEP’s assets, liabilities and results,
22
annual_report
SwissReAG-AR_2001
972
Germany Swiss Re Germany 100 f Swiss Re Germany Holding Aktiengesellschaft 100 f
13
annual_report
CNPAssurancesSA-AR_2014
195
What is CNP Assurances’s recipe for success? Create a joint venture and set up an exclusive, long-term distribution agreement. We have successfully deployed this partnership model both in Europe and in South America and are convinced that it represents the way forward. The hallmarks of our Group – its long history, cor...
70
annual_report
NatixisSA-AR_2013
7,528
FINANCIAL DATA5 Parent company fi nancial statements and notes NOTE 24
11
annual_report
2379
2,091
Defense verdicts have been returned in eleven matters since January 1, 2003. Neither Lorillard nor the Company are defendants in any of these cases. Either appeals are pending or all post-verdict activity has not been concluded in three of these cases.
41
10K
INGGroepNV-AR_2018
3,474
Included in Addition/(unused amounts reversed) of other provisions in 2018, is a release for the provision recognised in relation of a discontinued business in ING Luxembourg. Reference is made to Note 16 ‘Provisions’ and Note 47 ‘Legal proceedings’.
38
annual_report
NatwestGroupPLC-AR_2013
4,790
• The cumulative OCA relating to derivatives decreased during the year due to tightening of RBS CDS spreads and the net impact of methodology refinements.
25
annual_report
4151
991
Quarterly operating results for 2010 and 2009 were as follows (in millions, except per share data):
16
10K
AdmiralGroupPLC-AR_2017
211
Maximise the value of our core business and lay the foundation for future growth.
14
annual_report
5835
1,116
Operating income (loss) represents after-tax operational results exclusive of net investment gains (losses), foreign exchange losses (gains), reorganization expenses and interest in income (loss) of equity method investments.
28
10K
gb_prudential-AR_2015
3,476
(ii) Realised gains and losses on the Group’s investments for 2015 recognised in the income statement amounted to a net gain of £3.0 billion (2014: £2.9 billion). (iii) The carrying value of investment contracts with discretionary participation features is on IFRS 4 basis. It is impractical to determine the fair value ...
53
annual_report
3774
1,826
Rent expense was $10.6 million in 2008, $10.2 million in 2007 and $10.7 million in 2006.
16
10K
5043
835
Derivative Financial Instruments: We primarily invest in the following types of derivative financial instruments: interest rate swaps, forward contracts, put and call options, credit default swaps, embedded derivatives, warrants and swaptions. Derivatives embedded within non-derivative instruments, such as options embe...
116
10K
de_allianz-AR_2015
84
Chair and committees of the Supervisory Board – as of 31 December 2015 Chairman of the Supervisory Board: Dr. Helmut Perlet Deputy Chairmen: Dr. Wulf H. Bernotat, Rolf Zimmermann Standing Committee: Dr. Helmut Perlet (Chairman), Dr. Wulf H. Bernotat, Prof. Dr. Renate Köcher, Gabriele Burkhardt-Berg, Rolf Zimmermann Per...
243
annual_report
nl_ing_grp-AR_2019
4,233
These groups of CGUs represent the lowest level at which goodwill is monitored for internal management purposes. Goodwill is tested for impairment by comparing the carrying value of the group of CGUs to the recoverable amount of that group of CGUs. The carrying value is determined as the IFRS net asset value including ...
110
annual_report
gb_lloyds_banking_grp-AR_2015
1,571
Operation Executive Directors are entitled to participate in the Group’s defined contribution scheme with company contributions set as a percentage of salary.
22
annual_report
ScorSE-AR_2012
3,958
Amortization of past service cost 2 1 - 1 - - - - 1 1 - -
17
annual_report
5352
721
The $10.6 million increase in 2016 compared to 2015 was primarily due to an increase in retention agreement compensation related to the litigation settlement, an increase in incentive compensation due to clean energy performance and an increase in benefits expense.
40
10K
gb_prudential-AR_2007
1,769
The Company uses the economic entity method to purchase minority interests. Under the economic entity method any difference between consideration and the share of net assets acquired is recorded directly in equity.
32
annual_report
2484
619
The following is our discussion and analysis of the results of operations by business segment. The segment results are presented before taxes and minority interest and other items which management believes are not indicative of our core operations, including realized gains and losses.
43
10K
StorebrandASA-AR_2019
3,138
GHG emissions (tonnes CO2e / tonnes CO2e per FTE): GHG emissions pr. FTE from the Group’s Norwegian and Swedish operations. Includes direct and indirect emissions, including airtravel and other transportation, energy consumption and waste (scope1-3). The carbon footprint is calculated by CemaSys AS according to the GHG...
67
annual_report
gb_prudential-AR_2009
1,442
Notice period Notice period Date of contract to the Company from the Company
13
annual_report
793
252
The effects of inflation on the Group are implicitly considered in estimating reserves for unpaid losses and loss adjustment expenses, and in the premium rate-making process. The actual effects of inflation on the Group's results of operations cannot be accurately known until the ultimate settlement of claims. However,...
85
10K
3346
889
The following summarizes our contractual obligations as of December 31, 2007 and the effect those obligations are expected to have on our liquidity and cash flow in future periods (in thousands):
31
10K
HelvetiaHoldingAG-AR_2018
372
How has Helvetia achieved this? A large number of committed employees have contributed to these successes. Corporate responsibility is a joint project at Helvetia. If we want to gain the approval of our stakeholders such as our employees, customers and shareholders, we need to be working on many issues at the same time...
115
annual_report
StandardLifeAberdeenPLC-AR_2009
1,803
The total shareholder exposure to investment property and financial assets of £26.2bn (2008: £26.9bn) includes £10.1bn (2008: £9.2bn) of assets held by non-segregated funds of the Group’s Canadian operations. The effective exposure of shareholders to assets of the non-segregated funds in Canada was significantly lower ...
95
annual_report
4077
535
Credit risk, relating to the uncertainty associated with the continued ability of a given obligor to make timely payments of principal and interest;
23
10K
NatwestGroupPLC-AR_2020
3,950
These two approaches provide complementary views of the impact of interest rate risk on the balance sheet at a point in time. The scenarios employed in the net interest earnings sensitivity approach may incorporate assumptions about how NatWest Group and its customers will respond to a change in the level of interest r...
93
annual_report
3676
839
In 2008, we earned commission revenue from carriers, excluding periodic bonuses and ISG revenues, of $16,078,942 as compared to $16,043,563 in 2007.
22
10K
RSAInsuranceGroupPLC-AR_2017
333
Outlook We target continued growth as performance actions take further effect.
11
annual_report
PhoenixGroupHoldingsPLC-AR_2020
1,098
Management is supported by a TCFD Steering Group which was also established in 2020 and oversees the TCFD implementation programme, including progress against the recommendations and the publication of the annual disclosure. Its broader aim is to ensure Phoenix has an integrated approach to managing climate-related ris...
107
annual_report
BeazleyPLC-AR_2018
1,508
Statement of directors’ responsibilities in respect of the annual report and financial statements The directors are responsible for preparing the annual report and the group and parent company financial statements in accordance with applicable law and regulations.
37
annual_report
1039
302
The consolidated financial statements of the Company, including the notes to such statements on pages C-30 to C-65 of the Proxy Statement and the information under "Quarterly Results" on page C-65 of the Proxy Statement are incorporated herein by reference.
40
10K
AegonNV-AR_2017
330
Women in Aegon’s workforce 53% (unchanged); women in senior management 28% (up from 27%). Please note, Aegon also tracks internally complaints made via its Ethics Line related to diversity and discrimination issues.
32
annual_report
2009
390
Premiums and policy fees: Life insurance $ 854,813 $ 545,976 $ 235,198 $ 544,035 43.2% Accident/health insurance 103,858 61,512 44,337 86,683 51.1% Property and liability insurance 194,601 152,730 110,543 152,414 72.5% ------------ ------------ ----------- ----------- TOTAL $ 1,153,272 $ 760,218 $ 390,078 $ 783,132 ===...
48
10K
NatwestGroupPLC-AR_2009
4,233
(4) Except as stated above, claims in respect of the Group’s dated loan capital are subordinated to the claims of other creditors. None of the Group’s dated loan capital is secured.
31
annual_report
SwissReAG-AR_2002
270
Key drivers for the increase were the widespread improvement in rates, in both the primary and reinsurance markets, and strong new business. Large single transactions also contributed to growth.
29
annual_report
HannoverRueckSE-AR_2009
1,334
orated and implemented for the company in accordance with its strategic objectives. Within the framework of a consistent business policy, special importance attaches to the principle of “delegation of responsibility”. In the in­
33
annual_report
StorebrandASA-AR_2004
1,369
Other taxable benefits 152 181 211 Pension cost **) 414 380 341 Board of Representatives 509 572 726 Control Committee ***) 999 793 764 Chairman of the Board 404 330 500 Board of Directors including the Chairman 1 707 1 715 2 255 Auditor's fees for audit ****) 2 375 1 786 2 621 Auditor's fees for consultancy services *...
94
annual_report
gb_lloyds_banking_grp-AR_2007
1,134
Realistic value of assets available to the fund 17,801 20,929 19,373 22,278
12
annual_report
NatixisSA-AR_2017
6,261
Deferred retention and performance bonuses paid in cash are probability of these conditions being met. The expense is awarded to some staff. These bonuses are subject to presence recognized over the vesting period. The amount recognized in and performance criteria. In terms of accounting treatment, they respect of fisc...
70
annual_report
fr_axa-AR_2008
7,504
Decisions of the Management Board are only valid if at least half of its members are present.
17
annual_report
4351
1,860
The table below quantifies the impact on our reserves for claims and claim expenses, net income and shareholders’ equity as of and for the year ended December 31, 2011 of reasonably likely changes to the actuarial assumptions used to estimate our December 31, 2011 claims and claim expense reserves within our specialty ...
150
10K