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3362
731
concurrently with the redemption by the Company of the underlying Junior Debentures held by Delphi Funding L.L.C. The redemption price was $1,046.55 per Capital Security plus accrued dividends. As a result, the $103.1 million principal amount of the Junior Debentures ceased to be outstanding and dividends on the Capita...
53
10K
TrygAS-AR_2012
1,416
Current tax is recognised in the statement of financial position as follows: Under assets, current tax 93 0 Under liabilities, current tax -260 -652
24
annual_report
fr_axa-AR_2005
2,955
Valuation of assets acquired, liabilities assumed and contingent liabilities Upon the first consolidation, the identifiable assets, liabilities and contingent liabilities of the acquired company are recorded at their estimated fair value. However as permitted by IFRS 4, liabilities related to life insurance contracts o...
202
annual_report
2283
1,328
The Company's committed credit availability as of December 31, 2003 was as follows:
13
10K
2134
2,268
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts
14
10K
PosteItalianeSpA-AR_2020
10,115
The total number of phantom stocks awarded to the 6 Beneficiaries of the Second Cycle of the Plan amounted to 56,165 units.
22
annual_report
4115
1,422
In July 2009, the Parent Company executed a 10 billion yen loan (approximately $109 million using the December 31, 2009, exchange rate) at an interest rate of 3.60%. Interest on the loan is payable semiannually, and the loan has a six-year maturity. In August 2009, the Parent Company executed a 5 billion yen loan (appr...
84
10K
5083
1,638
Golden Gate IV Vermont Captive Insurance Company (“Golden Gate IV”), a Vermont special purpose financial insurance company and wholly owned subsidiary, is party to a Reimbursement Agreement with UBS AG, Stamford Branch, as issuing lender. Under the Reimbursement Agreement, dated December 10, 2010, UBS issued an LOC in ...
332
10K
4225
2,160
In addition to the return period loss, AIG evaluates potential single event earthquake and hurricane losses that may be incurred. The single events utilized are a subset of potential events identified and utilized by Lloyd's (see Lloyd's Realistic Disaster Scenarios, Scenario Specifications, January 2011) and referred ...
121
10K
AssicurazioniGeneraliSpA-AR_2014
2,100
11 Board of Directors is meant to be the Board of Directors of Assicurazioni Generali S.p.A. (Parent Company).
18
annual_report
de_allianz-AR_2005
970
Our economists forecast world economic growth in 2006 at 3.2 % (2005: 3.2 %). This should allow world trade to maintain its current dynamic and increase by approximately 8 %. We consider the emerging markets, with growth of 5.5 %, to have particular potential. Industrialized countries should see expansion of approximat...
58
annual_report
4952
1,409
Other liabilities. During the year ended December 31, 2014, other liabilities increased $4.3 million. This is due to an increase in compensation payable and regulatory fees payable related to program growth.
31
10K
gb_prudential-AR_2010
3,875
The tables used for PSPS immediate annuities in payment at 31 December 2009 were: Male: 108.6 per cent PNMA00 with medium cohort improvements subject to a floor of 1.75 per cent up to the age of 90, decreasing linearly to zero by age of 120; and Female: 103.4 per cent PNFA00 with 75 per cent medium cohort improvements ...
81
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013
2,441
Information on the Group’s strategic debt can be found in the management report on page 93 and under (20) Subordinated liabilities and (27) Bonds and notes issued.
27
annual_report
4222
1,155
We lend fixed maturity and equity securities to financial institutions in short-term security lending transactions. Our security lending policy requires that the cash received as collateral be 102% or more of the fair value of the loaned securities. At December 31, 2010 and 2009, we had security loans outstanding with ...
110
10K
LloydsBankingGroupPLC-AR_2020
3,027
Pension: 15 per cent of salary, in accordance with the level set in the Directors' Remuneration Policy that aligns with arrangements for the majority of the workforce.
27
annual_report
fr_axa-AR_2011
9,092
AXA has guaranteed the liabilities and obligations of AXA UK in connection with the sale of part of its Life & Savings insurance business to Resolution Ltd. This includes potential liability of
32
annual_report
2288
4,290
The actuarially computed net periodic pension cost for our two defined benefit plans and SERP combined for the years ending December 31, 2003, 2002 and 2001, included the following:
29
10K
LloydsBankingGroupPLC-AR_2020
573
Our engagement with the charity Surviving Economic Abuse has been critical to achieving this and working with them, we have developed an ability to support victims in separating financial affairs quickly and, where appropriate, to offer forbearance from debt incurred as a result of coercion.
45
annual_report
PowszechnyZakladUbezpieczenSA-AR_2013
942
December 2012 by the Boards of PZU and PZU Życie, which was to mainly encompass the areas of claims handling and finance and, to a much lesser extent, support functions (administration, logistics, IT).
33
annual_report
2068
520
The purchase price was $4.4 million, which approximated 51% of 21st of Arizona's GAAP book value. No research and development assets were acquired, and no goodwill was recorded.
28
10K
4540
1,763
During March 2012, CMS issued new Supplemental Security Income ("SSI") ratios used for calculating Medicare Disproportionate Share Hospital ("DSH") reimbursement for federal fiscal years ("FFYs") ending September 30, 2006 through September 30, 2009. As a result of these new SSI ratios, U.S. hospitals must recalculate t...
133
10K
5439
2,082
In May 2014, the FASB issued an update to the accounting standard regarding revenue recognition. In accordance with the new standard, recognition of revenue occurs when a customer obtains control of promised goods or services, in an amount that reflects the consideration to which the entity expects to be entitled in ex...
305
10K
5460
1,508
2016 to 2015 Comparison. The number of Life Planners increased by 88, driven by an increase of 296 in Japan as a result of improved recruiting efforts and fewer terminations. Life Planners decreased by 208 in other operations, primarily in Korea, Poland and Italy, as a result of more selective recruiting efforts and re...
67
10K
5170
1,051
Short-term and fixed maturity investments classified as available-for-sale are carried at fair value, with unrealized gains and losses excluded from net earnings and reported as a separate component of accumulated other comprehensive income. Realized gains and losses on sales of investments classified as available-for-...
52
10K
5700
9,682
Group Retirement - consists of group mutual funds, group annuities, individual annuity and investment products, and financial planning and advisory services.
21
10K
NatixisSA-AR_2007
8,497
For joint and several guarantees b), c) and d), the creditors of Ixis CIB relative to operations guaranteed under such guarantees, entered into before their respective end dates, may, in accordance with the letter from the Chief Executive Offi cer of CDC dated October 12, 2004, exercise their rights directly against CD...
78
annual_report
SwissReAG-AR_1980
19
Summary of Important Figures in millions of francs Swiss Re, Zurich 1980 1979
13
annual_report
gb_prudential-AR_2008
41
• Over 11 million life customers in 12 markets • One of the largest regional networks of agents, numbering 425,000 • Expanded and extended bank distribution agreement with Standard Chartered Bank • Brand recognition consistently high – outperforming other financial services companies • Award-winning customer service in...
49
annual_report
3286
1,145
The following table summarizes stock option activity under the Incentive Plan.
11
10K
Sampoplc-AR_2012
1,240
Prudent assessment of capital adequacy and realized profitability and careful forecasting of profitability, risk and capital are important phases when forming an understanding of the actions that maintain a proper balance between profitability, risks and capital. In Sampo Group, the proactive management of profitabilit...
91
annual_report
4265
2,380
Mortgage loans on real estate are carried at unpaid principal balances adjusted for amortization of premiums and accretion of discounts and are net of valuation allowances. Interest income is accrued on the principal balance of the loan based on the loan’s contractual interest rate. Premiums and discounts are amortized...
93
10K
gb_lloyds_banking_grp-AR_2011
250
As a result, in 2011, we delivered a resilient performance and made good progress against the key elements of our strategic plan to become the best bank for our customers, despite a weakening UK economy, ongoing financial market volatility, continued high levels of regulatory scrutiny and competitive markets. We are no...
86
annual_report
PosteItalianeSpA-AR_2017
6,207
130. The standard method entails risk weightings in accordance with the nature of the exposure and the identity of the counterparty and the counterparty’s external credit rating.
27
annual_report
5095
1,264
Our Level 3 assets had a fair value of $11 million at December 31, 2015, or 0.1% of our total invested assets. During the years ended December 31, 2015, 2014, and 2013, the changes in the fair value of the assets measured using significant unobservable inputs (Level 3) were comprised of the following:
53
10K
ScorSE-AR_2012
3,914
Total as at 31 December 2011 Share of retrocessionaires contract liabilities - 357 696 85 2 111 1,251
18
annual_report
gb_lloyds_banking_grp-AR_2017
6,150
Return on risk-weighted assets Underlying profit before tax divided by average risk‑weighted assets.
13
annual_report
PhoenixGroupHoldingsPLC-AR_2012
920
2 Annual incentive amounts are presented inclusive of any amounts which must be deferred in shares for three years (i.e. one-third of the 2012 AIP award). Of the amounts presented above, £241,990 of Clive Bannister‘s incentive payment will be deferred in shares for a period of three years and £79,017 of Jim McConville’...
70
annual_report
1253
77
The Individual Life Division’s 1999 pretax income was $31.4 million, $1.2 million above 1998. The Division’s mortality experience was $1.3 million more favorable in 1999 than 1998. The Division’s 1999 results also include expenses to develop new distribution channels.
39
10K
5265
3,867
In 2016, the Company self-reported to the SEC, and notified other regulators, that in some cases it failed to maximize securities lending income due to a long-standing restriction benefiting the Company that limited the availability of loanable securities for certain separate account investments. The Company has remove...
89
10K
NatixisSA-AR_2005
2,750
Impairment charges and other credit provisions (54) (10) (16) - - - (81)
13
annual_report
4013
881
Reinsurance recoverable from TIG, a subsidiary of Fairfax, totaled $129,405 and $120,758 at December 31, 2009 and 2008, respectively. TIG is domiciled in California and cessions to domestic insurance companies do not require collateral to be recognized for statutory reporting purposes. The Company has considered severa...
376
10K
AvivaPLC-AR_2009
3,758
Capital 31 December 2009 Capital 31 December 2008 restated Capital 31 December 2007 restated
14
annual_report
5150
1,054
Under New York insurance law, AGM may only pay dividends out of "earned surplus," which is the portion of the company's surplus that represents the net earnings, gains or profits (after deduction of all losses) that have not
38
10K
5343
929
The table below presents the estimated amounts to be recognized from AOCI into net periodic cost (benefit) during 2017.
19
10K
4941
840
Retail segment premiums increased $2.2 billion, or 8.8%, from 2012 to 2013 primarily due to a 7.6% increase in average individual Medicare Advantage membership in 2013. Individual Medicare Advantage per member
31
10K
RaiffeisenBankInternationalAG-AR_2005
1,522
As of 31 December 2005, the issued share capital of Raiffeisen International Bank-Holding AG was subdivided into 142,700 thousand no-par (bearer) shares with a total nominal value of € 434,518 thousand. After deducting 95,260 shares held by the company itself, the stated subscribed capital came to € 434,228 thousand.
49
annual_report
ScorSE-AR_2013
811
Financial solutions combines proportional traditional Life reinsurance with financing components providing liquidity, balance sheet and income statement improvements to the client. This type of treaty is typically used by cedants to fund growth, stabilize earnings and optimize solvency (capital relief). SCOR Global Lif...
101
annual_report
AegonNV-AR_2009
4,154
GMDB 1 GMIB 2 Total 3 GMDB 1 GMIB 2 Total 3
12
annual_report
DirectLineInsuranceGroupPLC-AR_2012
2,531
IAS 19 ‘Employee benefits revised’ is effective for accounting periods beginning on or after 1 January 2013. Under the revised standard, an expected rate of return will no longer be applied to assets. The interest cost to be calculated on the net pension liability or asset will be at the long-term bond rate.
53
annual_report
Sampoplc-AR_2007
1,136
If a market for a fi nancial instrument is not active, or the instrument is not quoted, the fair value is established by using generally accepted valuation techniques including recent arm’s length market transactions between knowledgeable, willing parties, reference to the current fair value of another instrument that ...
61
annual_report
INGGroepNV-AR_2019
6,816
(p.59 of our 2019 Terra Progress Report); ▪ Human Rights Steering Committee (see Human Rights
15
annual_report
fr_axa-AR_2014
5,330
In addition, at each balance sheet date, liability adequacy tests are performed in each consolidated entity in order to ensure the adequacy of the contract liabilities net of related
29
annual_report
AvivaPLC-AR_2007
3,441
(i) Life insurance risk Types of risk Life insurance risk in the Group arises through its exposure to mortality and morbidity insurance and exposure to worse than anticipated operating experience on factors such as persistency levels and management and administration expenses.
41
annual_report
5097
560
The property and casualty insurance segment's bulk reserves (formula IBNR loss reserve, bulk case loss reserve and settlement expense reserve) are initially established for all accident years combined, and the total is then allocated to the various accident years. During this allocation process, a portion of the total ...
161
10K
AvivaPLC-AR_2017
742
Board Governance Committee with regular reporting on financial crime matters, including Aviva’s anti-bribery and anti-corruption programme. Our malpractice helpline, Right Call, makes it easy to report any concerns in confidence, with all reports referred to an independent investigation team. In 2017, 41 cases were rep...
47
annual_report
4861
806
For operations outside the U.S. that prepare financial statements in currencies other than the U.S. dollar, results of operations and cash flows are translated into U.S. dollars at average exchange rates during the period, and assets and liabilities are translated at end-of-period exchange rates. The resulting translat...
88
10K
Sampoplc-AR_2007
483
Line Hestvik, born 1969 group executive vice president, head of ba private, if p&c
14
annual_report
SwissLifeHoldingAG-AR_2004
1,811
Other contingencies and commitments 49 14 36 Contingent Liabilities and Commitments
11
annual_report
2723
961
2003 - Reserve strengthening added 2.0 percentage points to the loss and loss expense ratio because we added to our reserves for environmental claims.
24
10K
4743
746
The Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 (collectively, the Affordable Care Act, or ACA) has changed, and will continue to make broad-based changes to, the U.S. health care system which could significantly affect the U.S. economy, and we expect will con...
101
10K
4265
5,043
In the normal course of business, we are subject to examination by taxing authorities throughout the U.S. and the U.K. At any given time, we may be under examination by state, local or non-U.S. income tax authorities. During the third quarter of 2008, the Internal Revenue Service (“IRS”) completed its examination for t...
217
10K
1616
447
The investment portfolio of the Company's insurance subsidiaries principally consists of fixed maturity investments; the balance of their portfolio consists largely of preferred securities. Of the fixed maturity securities, the majority consists of those rated "investment grade" or U.S. governmental agency issued or gu...
64
10K
3938
2,050
Reconciliation of the difference between the provision for income taxes and the expected tax provision at the weighted average tax rate for the years ended December 31, 2008, 2007 and 2006 is provided below:
34
10K
4374
658
Significant periods of time can elapse between the occurrence of an insured loss, the reporting of the loss to the insurer, and the insurer’s payment of that loss. To recognize liabilities for unpaid losses and loss expenses, insurers establish reserves as balance sheet liabilities representing an estimate of amounts n...
85
10K
3208
2,255
For 2006, the combined ratio before catastrophes and prior accident year development decreased by 1.4 points, to 88.0, driven largely by the effect of $73 of catastrophe treaty reinstatement premium recorded as a reduction of earned premium in 2005 and an improvement in the expense ratio. Before the effect of reinstate...
144
10K
4458
1,263
Treasury Stock and Retirement of Common Stock: Treasury stock is reflected as a reduction of stockholders' equity at cost. When shares are retired, the par value is removed from common stock, and the excess of the repurchase price over par is allocated between additional paid-in capital and retained earnings.
49
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020
1,026
The increased equity risk in the ERGO field of business was primarily a consequence of lower interest rates, which in turn led to a reduction in the risk buffer available to life insurance companies and thus could be seen in this risk category as well.
45
annual_report
1849
979
2000 to 1999 Annual Comparison. Revenues increased by $373 million, or 15%, from 1999 to 2000. Group life insurance premiums increased by $189 million, or 13%, to $1.655 billion primarily due to growth in business in force resulting from new sales, which increased in 2000. Persistency increased from 94% in 1999 to 95% ...
143
10K
AvivaPLC-AR_2017
6,700
Net asset value per share 423p 414p 6. Operating earnings per share (EPS)
13
annual_report
3986
2,655
“Impaired List”- This list includes securities that the Company has the intent to sell or more likely than not will be required to sell. In addition, it includes those securities that management has concluded that the Company’s amortized cost will not be recovered due to expected delays or shortfalls in contractually s...
101
10K
NatwestGroupPLC-AR_2020
2,994
Wholesale For Wholesale credit, the framework has been designed to reflect factors that influence the ability to operate within risk appetite. Tools such as stress testing and economic capital are used to measure credit risk volatility and develop links between the framework and risk appetite limits.
46
annual_report
HiscoxLtd-AR_2015
871
– Benefits as received during 2015, as disclosed in the Executive Director remuneration table on page 64.
17
annual_report
RaiffeisenBankInternationalAG-AR_2015
2,657
Raiffeisen Property Holding International GmbH, Vienna (AT) 35,000 EUR 100.0% FI
11
annual_report
ScorSE-AR_2018
2,866
The transaction, which was subject to the authorization of the ACPR and the relevant competition authorities, received approval from all regulatory bodies.
22
annual_report
GjensidigeForsikringASA-AR_2020
2,864
Financial liabilities Financial derivatives Financial derivatives at fair value through profit or loss 767.4 767.4 641.0 641.0
17
annual_report
2067
1,002
(E) SECURITIES AVAILABLE FOR SALE: AIGFP follows a policy of minimizing interest rate, equity and currency risks associated with securities available for sale by entering into swap or other transactions. In addition, to reduce its credit risk, AIGFP has entered into credit derivative transactions with respect to $66 mi...
89
10K
5642
1,024
Paid-to-Paid Development Method - In addition to the aforementioned methods, we also rely upon the Paid-to-Paid Development Method to project ultimate unallocated loss adjustment expense (ULAE). Ratios of paid ULAE to paid loss and allocated loss adjustment expense are compiled by calendar year and a paid-to-paid ratio...
103
10K
gb_prudential-AR_2008
3,531
b Pension plans i Defined benefit plans 1 Summary and the effects of the adoption of IFRIC 14 The Group business operations operate a number of pension schemes. The specific features of these plans vary in accordance with the regulations of the country in which the employees are located, although they are, in general, ...
123
annual_report
fr_axa-AR_2008
3,341
1.6.2. value of purchased life insurance business in force (vBI) The value of purchased insurance contracts and investment contracts with discretionary participating features recognized in a business combination (see section 1.3.2) is amortized as profits emerge over the life of the contracts’ portfolio. In conjunction...
71
annual_report
RSAInsuranceGroupPLC-AR_2020
2,210
Cash and cash equivalents Consist of cash and highly liquid investments that are readily convertible into a known amount of cash, are subject to insignificant risk of changes in value and have a maturity date of 90 days or less from the date of acquisition
45
annual_report
SwissLifeHoldingAG-AR_2016
1,174
Electricity used (in 1000 MWh) 1 35.16 36.40 40.73 AR, p. 120
12
annual_report
INGGroepNV-AR_2007
604
Key points > Milestone reached of more than 20 million customers worldwide > Total client retail balances production up EUR 35 billion to EUR 310 billion > Continued investments to support geographical growth and expand product offering > Mortgages fi rmly embedded as second core product
46
annual_report
gb_prudential-AR_2017
5,889
— In our opinion those reports have been prepared in accordance with the Companies Act 2006.
16
annual_report
5501
2,247
ULSG Re-segmentation. In the fourth quarter of 2016, we moved the ULSG products out of the Life segment and into the Run-off segment. The move was triggered by the decision in late 2016 to cease sales of all ULSG products in early 2017 and to manage this business separately from the rest of the Life business. In accord...
147
10K
NatixisSA-AR_2016
4,023
New York against several banking institutions, including a the United States Bankruptcy Court for the Southern District of made against it and has taken the necessary steps to defend its $400 million claim against Natixis. Natixis denies the allegations position and protect its rights. Natixis has launched appeals, def...
51
annual_report
1790
522
The determination of gross profits is an inherently uncertain process, and relies on assumptions including the persistency of the policies issued as well as anticipated losses, commissions and expenses. It is possible that the actual profits from the business will vary materially from the assumptions used in the determ...
89
10K
1642
273
The data included on page 4 of the 2001 Annual Report, included as Exhibit 13, under "Selected Financial Data" is incorporated herein by reference.
24
10K
5731
1,256
In May 2019, the FASB then issued ASU 2019-05, which amends ASU 2016-13 to provide entities with an option to irrevocably elect the fair value option for certain financial assets previously measured on an amortized cost basis. Entities that avail themselves of this transition relief will have the option to irrevocably ...
117
10K
gb_lloyds_banking_grp-AR_2017
5,154
The fair value calculations at 31 December 2017 for grants made in the year, using Black-Scholes models and Monte Carlo simulation, are based on the following assumptions: Save-As-You-Earn
28
annual_report
3775
738
attractively priced institutional funding agreements. As a result, the operating spread increased 46 basis points to 147 basis points during the year ended December 31, 2008, compared to an operating spread of 101 basis points during the year ended December 31, 2007.
42
10K
gb_prudential-AR_2004
405
Cash remitted by business units: UK life fund transfer* 208 286 UK other dividends (including special dividend) 100 120 JNL 62 48 Asia 67 48 M&G 84 84
28
annual_report
5689
1,088
While AFH indirectly owns the stock of the ASI Pool Companies, as of October 1, 2019 AFH management no longer has statutory responsibility or authority over the financial activities of the ASI Pool Companies, and, therefore, the Company has deconsolidated the ASI Pool Companies on that date. This resulted in the ASI Po...
180
10K
4115
907
We continued to enhance our product line in 2009 by launching Essentials Accident and Essentials Maximum Difference® cancer plans. These new products have been streamlined with lower benefit and premium levels than the traditional cancer and accident insurance policies. In the short term, we believe they are better sui...
64
10K
Sampoplc-AR_2020
4,071
Directors’ and the Managing Director’s use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the parent company’s or the group’s ability to continue as a going concern. If we conclud...
123
annual_report
3702
2,322
*Due to the accounting for subsidiaries under common control, net (loss) income in the consolidating adjustment column does not equal parent company equity in earnings of subsidiaries, due to 1) recognition of income by Assured Guaranty US Holdings Inc. for dividends received from Assured Guaranty Ltd. and 2) the resid...
55
10K
4371
417
Net Investment Income. Net investment income decreased $406,000 from 2009 to 2010. The investment yields were 4.0% for 2010 and 4.6% for 2009. The lower yield is due to a decrease in investments in collateralized mortgage obligations and mortgage-backed securities, and an increase in higher rated government sponsored e...
58
10K
5809
2,131
The Company accounts for securities lending transactions and repurchase agreements as financing arrangements and the associated liability is recorded at the amount of cash received. Income and expenses associated with securities lending transactions and repurchase agreements are reported as investment income and invest...
85
10K
3111
1,319
co-employer service fees are related to business in Florida. Substantially all of Selective’s remaining revenues come from the states of Connecticut, Delaware, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Minnesota, Missouri, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina,...
58
10K
4225
4,585
The following table presents the Consolidated Balance Sheet line items at December 31, 2010 and the expected impact as a result of the January 14, 2011 Recapitalization, described in Note 1 herein, as if it had occurred on December 31, 2010 (Unaudited):
42
10K