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SwissReAG-AR_2019
824
Property & Casualty • Natural catastrophe • Man-made • Costing and reserving • Claims inflation
15
annual_report
3366
892
The decrease in PMI’s primary NIW in 2006 compared to 2005 was primarily driven by increasingly competitive flow pricing and a reduction in the size of the flow private mortgage insurance market.
32
10K
5063
1,949
(5) UBS Trumbull Property Fund ("UBS") uses the NAV to calculate fair value. UBS has a balance of $81.8 and is an actively managed core portfolio of equity real estate. The Fund has both relative and real return objectives. Its relative performance objective is to outperform the NFI_ODCE index over any given three-to-f...
82
10K
fr_axa-AR_2000
3,409
In connection with the Sanford C. Bernstein, Inc, transaction, AXA Financial’s ownership interest in Alliance
15
annual_report
fr_axa-AR_2019
3,316
Performance shares generally result in low shareholder dilution due to the possibility to deliver existing shares, this choice being the one made up to this date.
26
annual_report
SwissLifeHoldingAG-AR_2009
1,391
Non-covered business comprises all other entities of the Swiss Life Group that are valued as the unadjusted IFRS net asset value on a consolidated level, such as the distribution unit AWD or investment management, financing and holding companies. Non-covered business is added to the MCEV results from the covered busine...
55
annual_report
5471
1,588
A summary of the Company's lines of credit as of December 31, 2017 follows:
14
10K
4867
2,975
The Company participates in reinsurance with third parties primarily to provide additional capacity for future growth, to limit the maximum net loss potential arising from large risks and in acquiring or disposing of businesses.
34
10K
5658
1,127
2017 versus 2016: The current accident year loss ratio increased to 84.1% in 2017 from 67.4% in 2016. The increase was primarily due to an increase in catastrophe and weather-related losses. During 2017, we incurred pre-tax catastrophe and weather-related losses, net of reinstatement premiums, of $835 million or 20.4 p...
55
10K
1279
251
The components of other comprehensive earnings, including the related income tax effects, consist of the following (in thousands):
18
10K
276
197
. A $2,149,000, or 57%, reduction in salespersons' commissions also due to lower sales volume; and
16
10K
5471
1,006
At December 31, 2017, Aflac Japan had agreements to sell its products at 374 banks, approximately 90% of the total number of banks in Japan. Bank channel sales accounted for 5.2% of new annualized premium sales in 2017 for Aflac Japan, compared with 8.9% in 2016 and 14.9% in 2015.
50
10K
3837
1,199
The Company has entered into weather related transactions that are structured as insurance, reinsurance or derivatives. When those transactions are determined to be derivatives, they are recorded at fair value with the changes in fair value reported in net realized and unrealized investment gains and losses in the Cons...
66
10K
AdmiralGroupPLC-AR_2015
273
Group profit before tax*¹ 6% higher at £377 million (2014: £357 million)
12
annual_report
4555
829
The results reflected in the year ended December 31, 2012 reflect results of O'Charley's Inc. and subsidiaries as of the date of acquisition, April 9, 2012 through December 31, 2012, the results of ABRH as of the date of merger with O'Charley's, May 11, 2012 through December 31, 2012, as well as the results of J. Alexa...
70
10K
RaiffeisenBankInternationalAG-AR_2020
5,847
An amount of € 1,1276 thousand (2019: € 1,137 thousand) was paid in pension benefits to former members of the Management Board and to their surviving dependants. In addition to these amounts, short-term benefits and deferred bonus components as well as severance payments totaling € 3,409 thousand (2019: € 1,346 thousan...
60
annual_report
BaloiseHoldingLtd-AR_2006
223
VORABDRUCKviduals and businesses who take protecting their property and safeguarding their
11
annual_report
2381
896
None of Platinum Holdings, Platinum US, Platinum UK or Platinum Bermuda has any material commitments for capital expenditures.
18
10K
1510
192
Selling, general and administrative expenses increased by approximately $1,700,000, or 7%, to approximately $26,539,000 for the year ended October 31, 2000, up from approximately $24,839,000 for the year ended October 31, 1999. This increase was in large part due to: (i) increased commissions paid as a result of increa...
83
10K
ch_zurich_insurance_group-AR_2005
520
Group-wide risk management policies specify risk tolerance boundaries and authorities, reporting requirements, and procedures for referring risk issues to senior management. The Group regularly monitors its risks through analyses and reports, and through relevant risk modeling.
36
annual_report
BeazleyPLC-AR_2017
1,770
Financial assets include fixed and floating rate debt securities, hedge funds, illiquid credit assets, equity investments and derivative financial assets. The price of debt securities is affected by interest rate risk, as described above, and also by issuer's credit risk. The sensitivity to price risk that relates to t...
60
annual_report
HelvetiaHoldingAG-AR_2014
552
Payout ratio on the basis of IFRS2 47 % 43 %
11
annual_report
95
413
Realized Gains on Investments: The Company had realized gains of $1.6 million, $3.2 million and $15.7 million in 1994, 1993 and 1992, respectively. The decrease in 1994 and 1993 from the previous year is attributable to the prevailing strategy within the Company's investment philosophy which is the intent to hold debt ...
142
10K
StorebrandASA-AR_2009
1,408
Oslo Reinsurance Company, 100 percent owned by Storebrand Skadeforsikring AS, is principally involved in the run-off of its own reinsurance business. The Oslo Re group’s strategy was further refined in 2008. Most of the business was run-off through Scheme of
40
annual_report
4646
1,514
On September 5, 2012, we issued $600.0 million of senior notes. We issued a $300.0 million series of notes that bear interest at 3.3% and will mature in 2022 and a $300.0 million series of notes that bear interest at 4.625% and will mature in 2042. Interest on the notes is payable semi-annually on March 15 and Septembe...
112
10K
4466
5,780
$ (8 ) $ (167 ) $ (175 ) $ (24 ) $ (33 ) $ (65 ) $ (122 ) $ (297 )
24
10K
4622
1,509
by class of financing receivable, including the rollforward of the allowance for credit losses, with the ending balance further disaggregated on the basis of impairment method. For each disaggregated ending balance, an entity also is required to disclose the related recorded investment in financing receivables, the non...
55
10K
1215
854
The projected benefit obligation, accumulated benefit obligation, and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets were $291 million, $251 million and $54 million, respectively, as of December 31, 1999 and $460 million, $394 million and $196 million as of Dec...
52
10K
ch_zurich_insurance_group-AR_2011
1,103
The following tables show the estimated economic market risk sensitivities of Group investments, including real estate for own use, liabilities, including insurance and financial liabilities, and the net impact for General Insurance and the rest of the business. Positive values represent an increase of the balance, whe...
160
annual_report
3180
630
Subsequent to the initial calculation of the fair value of retained interest, the Company utilizes a fair market calculation methodology to determine the ongoing fair market value of the retained interest. Ongoing fair value is calculated using the then current outstanding principal of the transferred notes receivable ...
146
10K
3991
1,507
Unfavorable net prior year development of $122 million was recorded during 2008. Unfavorable net prior year development of $86 million was recorded in 2007. Further information on Other Insurance’s net prior year development for 2008 and 2007 is included in Note 9 of the Notes to Consolidated Financial Statements inclu...
53
10K
NatixisSA-AR_2008
822
During the period from November 17, 2006 to December 18, 2008 the following Executive Board members became potential benefi ciaries: Dominique Ferrero; Anthony Orsatelli; Jean-Pascal
25
annual_report
62
340
A financial guarantee is a conditional commitment to guarantee the payment of an obligation by an unrelated entity to a third party. At December 31, 1994, the Company had two financial guarantees totaling $15,206,000 which are collateralized by the underlying real estate and related assets compared to financial guarant...
75
10K
2566
1,268
The substantial majority of the revenues in this segment are from outsourced data processing and application management arrangements. Revenues from these arrangements are recognized as services are performed in accordance with SEC Staff Accounting Bulletin No. 104 (SAB No. 104), “Revenue Recognition” and related interp...
155
10K
NatixisSA-AR_2020
12,577
GRI Global Reporting Initiative: An organization consisting of stakeholders and partners (businesses, audit firms, human rights, environmental protection, and labor organizations, and government representatives) which has created a joint framework for the development of sustainability reporting.
36
annual_report
AvivaPLC-AR_2010
1,648
TSR Targets Relative TSR determines the vesting of the other 50% of any LTIP award. The comparator group for the assessment of relative TSR performance at the time of the 2010 grant comprised Aegon, Allianz, Axa, Fortis, Generali, ING, Legal and General, Lloyds Banking Group, Prudential, Resolution Limited, Royal Bank ...
133
annual_report
1932
792
Cost of insurance charges are assessed on the net amount at risk on universal life insurance policies. The net amount at risk is equal to a policy’s death benefit minus the related policyholder account value. The amount charged is based on the insured’s age and other underwriting factors. The increase in cost of insura...
131
10K
1753
393
Other information regarding stock options outstanding and exercisable at December 31, 2001 is summarized as follows (in thousands, except exercise price data):
22
10K
de_allianz-AR_2015
1,563
Credit risk – investment As of 31 December 2015, credit risk arising from the investment portfolio accounted for 88.2 % (2014: 92.7 %) of our total Group pre-diversified internal credit risk. Credit Risk in the Life/Health business segment is primarily driven by long-term assets covering long-term liabilities. Typical ...
131
annual_report
82
362
Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: 1994 1993 ---- ---- (AMOUNTS IN THOUSANDS) Reserves for losses and loss adjustment expenses, net of reinsurance recover- ables on unpaid losses, at beginning of year $ 574,619 $554,034 Incurred losses and loss adjustment ...
241
10K
3683
1,248
Effective January 1, 2007, the Company adopted SOP 05-1 which provides guidance on accounting by insurance enterprises for DAC on internal replacements of insurance and investment contracts other than those specifically described in SFAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duratio...
114
10K
1702
654
In September 2001 OneBeacon repaid all its outstanding long-term debt of $3.2 million.
13
10K
PosteItalianeSpA-AR_2020
9,847
Regarding fair value hedges, BancoPosta RFC evaluates the effectiveness of every hedging relationship in offsetting movements in fair value through a retrospective effectiveness test and a prospective effectiveness test204, using the approaches illustrated in the following notes.
37
annual_report
5860
1,638
In connection with, and prior to the completion of the IPO, the Company’s Amended and Restated 2010 Equity Incentive Plan (the “2010 Plan”) was terminated, and the Company adopted a new plan, the 2019 Equity Incentive Plan (the “2019 Plan”)
40
10K
4663
994
Golden Gate Captive Insurance Company ("Golden Gate"), a South Carolina special purpose financial captive insurance company and wholly owned subsidiary of PLICO, had three series of Surplus Notes with a total outstanding balance of $800 million as of December 31, 2012. We hold the entire outstanding balance of Surplus ...
99
10K
LloydsBankingGroupPLC-AR_2009
1,112
RECONCILIATION OF OPENING EEV BALANCE SHEET TO CLOSING EEV BALANCE SHEET ON COVERED BUSINESS
14
annual_report
2852
343
Other revenues declined by $37 million primarily due to the elimination of the amortization of the deferred gain on the sale of the long-term care business of $15 million which benefited periods prior to the Acquisition Date -- but which was eliminated upon the application of purchase accounting -- as well as a decreas...
66
10K
5258
758
2.3% decrease in new issued applications to 2,962 thousand in 2015 from 3,033 thousand in 2014. A change was implemented in 2015 allowing a greater number of autos on a single policy, which reduced the new issued application growth rate by 3.2 points. Without this change, new issued applications would have increased 0....
57
10K
RSAInsuranceGroupPLC-AR_2019
1,527
∙ Focus on continuously improving operational delivery, through better customer service, underwriting and cost efficiency
15
annual_report
AvivaPLC-AR_2001
434
During the year, community investment in the United Kingdom totalled £3.3 million, using the Business in the Community’s benchmarking template, of which £1.3 million (2000: £1.1 million) were charitable donations.
30
annual_report
fr_axa-AR_1999
5,106
December 31, 1992 is generally the same except for insurance liabilities and certain fixed maturities (see
16
annual_report
PhoenixGroupHoldingsPLC-AR_2016
114
An integration plan has been established and the provision of customer administration and IT is expected to remain with Capita, one of the Group’s existing outsource providers.
27
annual_report
gb_lloyds_banking_grp-AR_2019
3,576
The Group considers risk concentrations by collateral providers and collateral type with a view to ensuring that any potential undue concentrations of risk are identified and suitably managed by changes to strategy, policy and/or business plans.
36
annual_report
ch_zurich_insurance_group-AR_2008
2,518
Frictional costs Frictional costs have decreased in 2008, broadly in line with shareholders’ net assets.
15
annual_report
LloydsBankingGroupPLC-AR_2019
2,588
Balanced Scorecard performance Individual awards for Executive Directors are determined through the assessment of individual performance using the Group or their divisional balanced scorecard. Awards will not be made if the Group does not meet threshold financial performance or if an individual receives a score below 2...
50
annual_report
SwissLifeHoldingAG-AR_2010
3,035
Swiss Life in France generated premium volume of CHF 5.3 billion, which equates to a 9% increase in local currency terms. The increase in net inflow of 24% in savings and pension business, principally attributable to unit-linked insurance, was achieved in a market which – despite high net inflows of EUR 50 billion – ne...
143
annual_report
5799
969
Since the majority of the Company’s fee arrangements involve contracts that cover a single year of service, there was no significant change in the amount of revenue recognized in an annual period after adoption of the new revenue recognition accounting policy. The cumulative effect of adopting the new standard from Jan...
62
10K
PowszechnyZakladUbezpieczenSA-AR_2017
1,639
Pekao and Alior Bank, among others thanks to the favorable economic climate and the low level of interest rates.
19
annual_report
5643
1,603
fixed, pay variable interest rate swaps matured in conjunction with the maturity of the $350.0 million hedged fixed rate debt. See Note 8.
23
10K
4122
3,305
The Company received approval from the Connecticut Insurance Department regarding the use of two permitted practices in the statutory financial statements of its Connecticut-domiciled life insurance subsidiaries as of December 31, 2008. The first permitted practice related to the statutory accounting for deferred incom...
221
10K
5182
2,242
On March 2, 2015 we acquired Platinum and the transaction was accounted under the acquisition method of accounting in accordance with FASB ASC Topic Business Combinations. Total consideration paid was allocated among acquired assets and assumed liabilities based on their fair values, including Platinum’s claims and cla...
96
10K
1996
1,551
2001 to 2000 Annual Comparison. Revenues decreased $1.001 billion, or 11%, from 2000 to 2001. Realized investment gains (losses), net decreased $634 million, as discussed above. Premiums decreased $105 million, from $4.355 billion in 2000 to $4.250 billion in 2001, as an increase in paid-up additions, which represent a...
103
10K
NatixisSA-AR_2011
1,937
Member of the Supervisory Board of: GCE Capital Member of the Board of: CE Participations (up to 08.05.2010), Natixis Global
20
annual_report
1053
181
The following financial statements of Southern Security Life Insurance Company are included in Part II, Item 8:
17
10K
3242
490
The effective income tax rate was 36.0% for 2006 compared to 26.3% for 2005. The lower effective tax rate in 2005 primarily reflects the favorable impact from the resolution of a contingent gain of $22.8 million.
36
10K
RaiffeisenBankInternationalAG-AR_2012
792
Number of employees as of reporting date 688 720 (4.4)% 688 697 (1.3)%
13
annual_report
StandardLifeAberdeenPLC-AR_2019
2,319
Expenses Insurance contract claims and change in liabilities 31 156 1 Change in non-participating investment contract liabilities 25 265 (78) Administrative expenses
22
annual_report
3511
7,121
As of December 31, 2007, the remaining $698 million of unrealized losses are related to securities in unrealized loss positions greater than or equal to 20% of cost or amortized cost. Of the $698 million, $80 million are related to below investment grade fixed income securities and $40 million are related to equity sec...
107
10K
nl_ing_grp-AR_2017
1,212
Successful journey As Supervisory Board members, we are very aware of the hard work that ING’s employees put in every day to give customers the best possible service and experience. And we realise what an achievement it is to deliver such impressive commercial and financial results at the same time that the business is...
82
annual_report
nl_ing_grp-AR_2019
577
We are driven by our purpose to empower people to stay a step ahead in life and in business. We do this by constantly innovating to deliver a differentiating customer experience that aims to be smart, personal and easy.
39
annual_report
1092
385
YEARS ENDED DECEMBER 31, 1998, 1997 AND 1996 (Dollar amounts in millions)
12
10K
HelvetiaHoldingAG-AR_2008
1,795
Group Executive Management Stefan Loacker Chief Executive Officer Group Markus Gemperle Head of Strategy & Operations Philipp Gmür Chief Executive Officer Switzerland Ralph-Thomas Honegger Chief Investment Officer Markus Isenrich Head of Human Resources and Services Paul Norton Chief Financial Officer Wolfram Wrabetz C...
46
annual_report
AdmiralGroupPLC-AR_2005
116
One of the inevitable consequences of going public was that, for some managers, it was the culmination of their career. Of the 15 senior managers in the Group at the time of float six have now retired; even though some of them are not yet 40! The float has given them financial security and they felt it was the right ti...
102
annual_report
HannoverRueckSE-AR_2010
1,748
Value-added tax payable upon the remuneration is reimbursed by the company.
11
annual_report
TrygAS-AR_2015
467
Corporate also started a number of outsourcing initiatives aimed reducing expense levels in the back-office functions.
16
annual_report
2885
545
The results of operations for the year ended December 31, 2004 reflect the performance of the United America Indemnity. The results of operations for the year ended December 31, 2003 reflect the combined financial performance of United America Indemnity and the Predecessor, Wind River Investment Corporation.
46
10K
2697
1,033
the Company continued with the portfolio allocation of 2003. See further discussion regarding investments at the “Liquidity and Capital Resources,” “Investments” and “Market Risk” sections, included in this Item 7.
30
10K
2851
1,183
Of the net realized gains on sales of equity securities, $162 million, $155 million and $35 million in 2005, 2004 and 2003, respectively, related to our share of gains recognized by limited partnerships in which we have an interest.
39
10K
17
491
UNUM discontinues the accrual of investment income on invested assets when it is determined that collectibility is doubtful.
18
10K
3951
314
As of April 30, 2009, the Company is a shell company as defined in Rule 12b-2 of the Exchange Act. The Company’s business is to pursue a business combination through acquisition, or merger with, an existing company. No assurances can be given that the Company will be successful in locating or negotiating with any targe...
56
10K
AegonNV-AR_2017
6,633
Changes towards more sophisticated internet technologies, the introduction of new products and services, changing customer needs and evolving applicable standards increase the dependency on internet, secure systems and related technology. Introducing new technologies, computer system failures, cyber-crime attacks or se...
46
annual_report
4848
1,222
income taxes, were $2.335 billion. Liquidity sourced from our investment portfolio is not materially at risk from European-based securities, as our total exposure to such securities at the end of 2013 was $455 million on a fair value basis, or 3.4 percent of our total invested assets. We own no European sovereign debt....
70
10K
3473
1,734
Our estimated allowance for uncollectible reinsurance was $35.9 at December 31, 2007 and $12.9 at December 31, 2006. The increase in our allowance was primarily due to an increase in the provision for losses of $22.2 from historical casualty business in run-off.
42
10K
5491
20,457
On August 1, 2012, we filed a motion for partial summary judgment related to the disallowance of foreign tax credits associated with cross border financing transactions in the Southern District of New York. The Southern District of New York denied our summary judgment motion and upon AIG’s appeal, the U.S. Court of App...
105
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2003
1,146
The primary insurance companies in the Munich Re Group are concentrating above all on continuing to achieve a risk-adequate net return on investments. In order to earn sufficient regular income for this, the companies have invested in securities with longer terms to maturity and correspondingly higher coupon rates. Thi...
76
annual_report
LloydsBankingGroupPLC-AR_2017
2,000
The Group’s annual planning process comprises the following key stages: The Board reviews and revises the Group’s strategy, risk appetite and objectives in the context of the operating environment and external market commitments.
33
annual_report
NatixisSA-AR_2020
3,784
Included in category A: Other countries for which the sum (Exposure + Provision) is less than €4 billion.
18
annual_report
5418
641
2016 compared to 2015-Amortization expense related to intangible assets purchased through our acquisition of PlanPrescriber decreased in 2016 compared to 2015, due to certain assets that were fully amortized compared to the prior period.
34
10K
StorebrandASA-AR_2017
3,530
The pension for the employees at Nordben Life and Pension Insurance Company LTD and Euroben Life and Pension LTD is covered by a de�nedcontribution scheme. In addition, the employees of Nordben are covered by a lump sum upon death during their period of service.
44
annual_report
4104
1,012
business of $65.8 million and $18.5 million, respectively. The decrease in property gross loss and loss adjustment reserves is mainly due to loss payments made by RSUI on hurricane related losses incurred in prior years. The increase in casualty gross loss and loss adjustment expense reserves primarily reflects anticip...
144
10K
PosteItalianeSpA-AR_2017
413
Movements in premium reserve, technical provisions, reinsurance and other Non-life claims expenses (22) (30) 8 -26.7%
16
annual_report
SwissReAG-AR_1986
427
Fixed-interest investments are in principle entered at ac­ quisition cost or, if they are quoted and the stock ex­ change price is lower on the balance-sheet date, at the lower value. The lower valuation is retained until disposal of the corresponding securities. Special treatment is given to registered debentures owne...
74
annual_report
de_allianz-AR_2010
674
€ thou € thou € thou € thou € thou € thou 2009 — — — — — —
19
annual_report
3953
789
Common Stock Issuance. On May 11, 2009, we issued 58.2 million shares of common stock at a price of $19.75 per share. Net proceeds from the issuance were $1,109.1 million. The proceeds from this offering will be used for general corporate purposes.
42
10K
ScorSE-AR_2010
3,305
Subject to legal provisions concerning voting rights in meetings and the right to communication conferred on shareholders, shares are not divisible with regard to the Company, so that joint co-owners are required to be represented with the Company by one of said co-owners or by a single agent, appointed by the Court in...
57
annual_report
AvivaPLC-AR_2016
1,017
` We monitor our own experience carefully and analyse external population data to identify emerging trends. Detailed analysis of the factors that influence mortality informs our pricing and reserving policies. We add qualitative medical expert inputs to our statistical analysis and analyse factors influencing mortality...
95
annual_report
ch_zurich_insurance_group-AR_2017
2,257
Cash and cash equivalents 38 Receivables and other assets 34 Property and equipment 4 Goodwill 566 Other intangible assets 163 Assets acquired 804
23
annual_report
4446
1,602
Deferred tax assets and liabilities reflect the tax impact of temporary differences between the carrying amount of assets and liabilities for financial reporting and income tax purposes. Significant components of the net deferred tax assets (liabilities) as of December 31, 2011 and 2010 are as follows:
46
10K
3641
807
On June 2, 2008, we completed the sale of our premium financing subsidiary, AMGRO Inc., to Premium Financing Specialists, Inc. In the second quarter, we recorded a gain of $11.1 million related to this sale, which is reflected in the Consolidated Statement of Income as part of Discontinued Operations.
49
10K
LloydsBankingGroupPLC-AR_2018
4,991
Transfers between stages are deemed to have taken place at the start of the reporting period, with all other movements shown in the stage in which the asset is held at 31 December, with the exception of those held within Purchased or originated credit‑impaired, which are not transferrable. As assets are transferred bet...
100
annual_report