report_id stringlengths 1 60 | paragraph_nr int64 0 28.3k | text stringlengths 21 14.6k | n_words int64 11 2.31k | filing_type stringclasses 2
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fr_axa-AR_2010 | 5,728 | In 2010, four pools were managed by AXA Global P&C: ■ Property (Catastrophe and per risk + Personal Accident); ■ General Liability; ■ Marine; ■ Technological innovation. | 27 | annual_report |
SwissReAG-AR_2016 | 4,494 | A key theme was the need to improve transparency and traceability along the entire supply chain. This can be | 19 | annual_report |
86 | 535 | */ Information as to earnings per share is not provided inasmuch as the results for each series of stock will vary with the underwriting experience attributable to each Subsidiary Capital Account established with respect to that series. See Note 2(f) to the financial statements. | 44 | 10K |
4420 | 1,490 | The amount of net gains/(losses) for the year included in earnings attributable to the fair value of changes in assets still held at December 31, 2010 was $16.3 million. Of this amount, $0.5 million was included in net realized and unrealized gains/(losses) and $15.8 million was included in net investment income. | 51 | 10K |
5534 | 1,476 | (7)-As of December 31, 2018, includes structured insurance securitizations of $2.2 billion and $1.0 billion of insurance in force and gross par amount, respectively. As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respec... | 48 | 10K |
gb_lloyds_banking_grp-AR_2006 | 2,144 | Individual Savings Accounts (‘ISAs’) The Company provides a facility for investing in Lloyds TSB shares through an ISA. For details contact: Retail Investor Operations, Lloyds TSB Registrars, The Causeway, Worthing, West Sussex BN99 6UY. Telephone 0870 242 4244. | 38 | annual_report |
5418 | 870 | We define fair value as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques we use to measure fair value m... | 80 | 10K |
4098 | 2,291 | As described below, certain assets and liabilities are measured at estimated fair value on the Company’s consolidated balance sheets. In addition, the notes to these consolidated financial statements include further disclosures of estimated fair values. The Company defines fair value as the price that would be received... | 336 | 10K |
2084 | 1,225 | California Wage and Hour Litigation - In Ernestine Samora, et al. v. CCC, Case No. BC 242487, Superior Court of California, County of Los Angeles, California and Brian Wenzel v. Galway Insurance Company, Superior Court of California, County of Orange No. BC01CC08868 (coordinated), two former CNA employees, filed lawsui... | 210 | 10K |
4495 | 466 | In 2007, Citizens became the principal direct competitor of the insurance companies that underwrite the condominium program administered by one of our indirect subsidiaries, Florida Intracoastal Underwriters, Limited Company (“FIU”), and the excess and surplus lines insurers represented by wholesale brokers such as Hul... | 133 | 10K |
HannoverRueckSE-AR_2009 | 2,265 | Government debt securities of Eu member states 41,342 3,181 – 641 45,164 | 12 | annual_report |
gb_prudential-AR_2017 | 4,156 | Health and protection features are offered as supplements to the products listed above or sold as stand‑alone products. Protection covers mortality or morbidity benefits including health, disability, critical illness and accident coverage. | 32 | annual_report |
BaloiseHoldingLtd-AR_2007 | 3,020 | Impairment losses recognised in profi t or loss –/– –5.0 –/– –/– –0.9 –/– –5.9 | 15 | annual_report |
fr_axa-AR_2009 | 199 | (ii) completed the acquisition of Seguros ING (subsequently renamed AXA Seguros, SA de Compañia de Valores), the 3rd largest Mexican insurer with leading positions in key markets such as Motor or Health and also active on the Life market | 39 | annual_report |
ScorSE-AR_2009 | 376 | Incorporated: 16 August 1855 under the name Compagnie Impériale des Voitures de Paris; name changed to SCOR S.A. on 16 October 1989, to SCOR on 13 May 1996, then to SCOR S.E. on 25 June 2007. | 36 | annual_report |
AegonNV-AR_2016 | 1,750 | Excellence of the global Risk Management function to business areas through review of key initiatives, transactions, programs, projects, assumptions, methodologies and results across all important paradigms; �� Providing assurance on the integrity of models and cash flows through model validations and maintenance of mo... | 74 | annual_report |
4325 | 1,434 | ProAssurance Corporation is a holding company and is a legal entity separate and distinct from its subsidiaries. Because it has no other business operations, dividends from its operating subsidiaries represent a significant source of funds for its obligations, including debt service. At December 31, 2010, we held cash ... | 150 | 10K |
AegonNV-AR_2008 | 1,831 | Consolidated income statement of AEGON Group for the year ended December 31 | 12 | annual_report |
HelvetiaHoldingAG-AR_2015 | 2,991 | Equity valuation Balance sheet practice for measurement of holdings in associated companies. The valuation of the holding in the balance sheet corresponds to the shareholders’ equity in this company held by the Group. In the context of ongoing evaluation, this valuation is projected forward to take account of changes i... | 64 | annual_report |
2852 | 552 | The Company is a party to a number of legal actions and regulatory investigations. Given the inherent unpredictability of these matters, it is difficult to estimate the impact on the Company's consolidated financial position. On a quarterly and annual basis, the Company reviews relevant information with respect to liab... | 163 | 10K |
AdmiralGroupPLC-AR_2014 | 1,006 | The Committee is kept up to date with changes to Accounting Standards and relevant developments in financial reporting, company law and the various regulatory frameworks through presentations from the Group’s external auditor, Chief Financial Officer and Company Secretary. In addition, members attend relevant seminars ... | 66 | annual_report |
555 | 301 | The Company is required to establish a valuation allowance for any portion of the deferred tax asset that management believes will not be realized. In the opinion of management, it is more likely than not that the Company will realize the benefit of the deferred tax assets, and, therefore, no such valuation allowance h... | 71 | 10K |
4911 | 3,755 | During 2014, 2013 and 2012, we recognized losses of $32 million, $54 million and $641 million, respectively, attributable to the observable effect of changes in credit spreads on our own liabilities for which the fair value option was elected. We calculate the effect of these credit spread changes using discounted cash... | 80 | 10K |
1686 | 297 | Deferred Member and Associate Costs Deferred costs represent the direct incremental expenses the Company incurs in enrolling new members and new associates and that portion of payments made to provider law firms and Associates related to deferred Membership revenue. Deferred costs for enrolling new members include the ... | 130 | 10K |
HannoverRueckSE-AR_2018 | 2,193 | Hannover Life Reassurance Company of America (Bermuda) Ltd. 1, Hamilton / Bermuda 100.00 USD 1,122,202 64,825 | 16 | annual_report |
5756 | 903 | In December 2019, the Company commuted reinsurance agreements with Hannover Reinsurance (Ireland) Limited (“Hannover”) covering portions of accident years 2009 through 2011. The Company received an $8.5 million payment effectuated solely through offset against the balance of the funds withheld and recoverable from rein... | 97 | 10K |
NatixisSA-AR_2013 | 5,232 | FINANCIAL DATA5 Consolidated fi nancial statements and notes NOTE 9 PRO FORMA STATEMENTS | 13 | annual_report |
59 | 388 | As a holding company, Laurentian Capital's ability to meet debt service obligations and pay operating expenses depends upon receipt of sufficient funds, primarily through dividends, interest and principal payments on a surplus debenture, and management fees from its subsidiaries. The Company's subsidiaries are currentl... | 242 | 10K |
AvivaPLC-AR_2019 | 2,039 | Consolidated statement of changes in equity 136 Consolidated statement of financial position 137 Consolidated statement of cash flows 138 | 19 | annual_report |
StandardLifeAberdeenPLC-AR_2017 | 704 | Mature books Mature channel, which comprises Standard Life Pensions and Savings and third party strategic partner life business, including Lloyds Banking Group and Scottish Widows. AUM remained stable at £271.8bn. Our mature books business, which is in natural run-off, saw net outflows of £15.2bn (2016: £13.6bn) which ... | 80 | annual_report |
5637 | 1,232 | The Company operates as a single segment for reporting purposes as substantially all business operations, assets and liabilities relate to the private mortgage insurance business and management reviews operating results for the Company as a whole to make operating decisions and assess performance. | 43 | 10K |
5108 | 1,055 | The increase in the acquisition cost ratio in 2014 relative to 2013, primarily reflected a reduction in ceding commissions, following changes to our reinsurance programs during 2014, and a change in the mix of business. | 35 | 10K |
5063 | 791 | While extraordinary monetary accommodation has suppressed volatility in rate, credit and domestic equity markets for an extended period, the start of the normalization process of monetary policy has resulted in an increase in volatility, exacerbated by heightened concern around the health of economic activity in China ... | 302 | 10K |
4568 | 1,426 | The Company has state net operating losses resulting in a deferred tax asset of approximately $4.2 million, which are available for use through 2032. The Company has no other material net operating loss or credit carryforwards. | 36 | 10K |
3990 | 1,210 | When the Company does not expect to recover a fixed maturity’s amortized cost, its fair value and expected future cash flows must be estimated by management to record an impairment loss. The credit portion of an impairment loss is recognized in net income and measured as the difference between a fixed maturity’s amorti... | 79 | 10K |
de_allianz-AR_2003 | 3,499 | S I R I A I N V A L L A N C E | 15 | annual_report |
gb_prudential-AR_2015 | 3,872 | The Group cedes certain business to other insurance companies. Although the ceding of insurance does not relieve the Group from its liability to its policyholders, the Group participates in such agreements for the purpose of managing its loss exposure. The Group evaluates the financial condition of its reinsurers and m... | 130 | annual_report |
4970 | 2,636 | A.M. Best placed the A- rating of PaCRe, Ltd. “under review with negative implications” on January 20, 2015. | 18 | 10K |
HelvetiaHoldingAG-AR_2006 | 800 | Property and equipment are carried at cost less accumulated depreciation and accrued impairment. Depreciation is normally calculated using the straight-line method over the estimated useful life as follows: n Furniture 4–15 years n Technical equipment 4–10 years n Motor vehicles 4–6 years n Computer hardware 2–5 years | 47 | annual_report |
2836 | 5,450 | It is important to understand that the process of estimating our ultimate claims liability is necessarily a complex and judgmental process inasmuch as the amounts are based on management’s informed estimates, assumptions and judgments using data currently available. The assumptions we utilize in developing a range of l... | 228 | 10K |
NatwestGroupPLC-AR_2015 | 175 | In 2015 a Board oversight committee was established in relation to the Financial Conduct Authority review of the treatment | 19 | annual_report |
AvivaPLC-AR_2018 | 418 | • Drive operational efficiency, underpinned by a sustainable and robust IT infrastructure. Completing our data centre migration will be fundamental to supporting the level of service we offer. | 28 | annual_report |
HiscoxLtd-AR_2018 | 47 | We have specialist knowledge and great relationships, and we care about our customers and each other. We have always believed that doing the right thing, however hard, will lead to success. In 2018 this approach resulted in us receiving a number of new accolades. | 44 | annual_report |
4537 | 1,976 | Senior notes. On September 27, 2010, Alterra Finance, a wholly-owned indirect subsidiary of Alterra, issued $350.0 million principal amount of 6.25% senior notes due September 30, 2020 with interest payable on March 30 and September 30 of each year. The 6.25% senior notes are Alterra Finance’s senior unsecured obligati... | 136 | 10K |
4632 | 1,325 | For the year ended December 31, 2012, the decrease in the frequency acquisition cost ratio primarily related to the change in mix of business. The non-standard automobile contracts which carry lower ceding commissions than our other frequency contracts, accounted for approximately 46% of frequency earned premiums for t... | 151 | 10K |
Sampoplc-AR_2011 | 1,651 | Geographical information has been given on income from external customers and non-current assets.. The reported segments are | 17 | annual_report |
PosteItalianeSpA-AR_2017 | 4,355 | The following table shows movements in deferred tax assets and liabilities, broken down according to the events that generated such movements: tab. C10.6 - Movements in deferred tax assets | 29 | annual_report |
1825 | 668 | Pumpkin and Possible Dreams are parties to agreements with certain artists and inventors which require payment of royalties based upon a percentage of net sales of certain products and other formulas as stated in the agreements. Under these agreements, the Company had royalty expense of $224, $226 and $315 in 2001, 200... | 55 | 10K |
4181 | 1,874 | the amortization expense of renewal rights held by Harbor Point. The renewal rights were included in the assets of Chubb Re acquired by Harbor Point in 2005 and were fully amortized by the end of 2009. The general and administrative expense ratio would not have changed significantly from 2009 to 2010 as the 6.8% decrea... | 70 | 10K |
SwissReAG-AR_2013 | 1,099 | the expiry of a major quota share retrocession agreement, which was only partly replaced by other hedges, was a key driver of the overall increase in risk. | 27 | annual_report |
Sampoplc-AR_2013 | 2,493 | Financial assets available for sale /shares and participations: Listed equity securities include EURm 641 (589) listed equities. Unlisted equity securities include EURm 640 (752) investments in capital trusts. | 28 | annual_report |
StorebrandASA-AR_2011 | 1,674 | Asset backed securities (ABS), residential mortgage backed securities (RMBS) and commercial mortgage backed securities (CMBS) are classified as level 3 due to their generally limited liquidity and transparency in the market. | 31 | annual_report |
NatwestGroupPLC-AR_2014 | 8,127 | continues to keep retail banking under review. In late 2010 the EC | 12 | annual_report |
4126 | 1,297 | International and other reserves are generally analyzed by program/pool, country and general coverage category (e.g., U.S. Liability-excess of loss reinsurance, or General Liability-Municipalities-by country). The business is also generally split by direct versus assumed reinsurance for a given coverage/jurisdiction. W... | 125 | 10K |
834 | 253 | To the Board of Directors and Stockholders of Trenwick Group Inc. | 11 | 10K |
fr_axa-AR_2011 | 2,546 | borrowings) and dividend payments during each of the next three years. AXA expects that anticipated investments in subsidiaries and existing operations, future acquisitions and strategic investments will be funded from available cash fl ow remaining after payments of dividends and operating expenses, proceeds from the ... | 61 | annual_report |
3527 | 505 | Chandler USA and its subsidiaries own and occupy four office buildings with approximately 127,000 square feet of usable space in Chandler, Oklahoma. Chandler USA believes such space is sufficient for its operations for the foreseeable future. | 36 | 10K |
AvivaPLC-AR_2008 | 2,304 | Assets Intangible assets – 41 41 Reinsurance assets 130 – 130 Prepayments and accrued income 20 – 20 Cash and cash equivalents 8 – 8 Debt securities 1,803 (74) 1,729 Other investments 407 – 407 Property and equipment 17 1 18 Receivables and other financial assets 45 – 45 Other assets 2 2 4 | 54 | annual_report |
3950 | 983 | Although authoritative guidance allowed a change in accounting, the Company has chosen to continue its past accounting policy of classifying interest and penalties as income tax expense in the consolidated statement of operations. No such amounts were recognized in 2009 or 2008. The liability for accrued interest and p... | 60 | 10K |
StandardLifeAberdeenPLC-AR_2015 | 1,885 | (a)(iii) Critical accounting estimates and judgements in applying accounting policies The preparation of financial statements requires management to exercise judgements in applying the accounting policies and make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the fi... | 131 | annual_report |
BaloiseHoldingLtd-AR_2011 | 1,944 | Hedged financial assets of a debt nature are fixed-income securities that are certificated by a mortgage or government bond. These fixed-income securities are issued by companies, which for the most part have a clearly defined and narrowly limited business purpose. | 40 | annual_report |
5136 | 690 | The Business and International Insurance segment's gross and net written premiums by market were as follows: | 16 | 10K |
gb_prudential-AR_2002 | 1,193 | (vi) Jackson National Life has entered into a programme of funding arrangements under contracts which, in substance, are almost identical to Guaranteed Investment Contracts. The liabilities under these funding arrangements totalled £3,554m (£3,144m). In addition, Jackson National Life has entered into stocklending arra... | 61 | annual_report |
SwissReAG-AR_2019 | 3,240 | Dividends are declared in Swiss francs. During the years ended 31 December 2018 and 2019, the parent company of the Group (Swiss Re Ltd) paid dividends per share of CHF 5.00 and CHF 5.60, respectively. | 35 | annual_report |
1387 | 493 | Market risk generally represents the risk of loss that may result from potential changes in the value of a financial instrument due to a variety of market conditions. The Company's exposure to market risk is generally limited to potential losses arising from changes in the level or volatility of interest rates on marke... | 91 | 10K |
NatixisSA-AR_2019 | 1,979 | Fixed compensation €800,000 François Riahi’s gross fixed compensation for 2019 for his duties as Chief Executive Officer was €800,000 and is unchanged from the previous year. | 26 | annual_report |
5672 | 1,429 | For purposes of expense recognition in 2019, 2018 and 2017, the estimated fair values of the stock option grants are amortized to expense over the options’ vesting period. We estimated the fair value of stock options at the date of grant using the Black-Scholes option pricing model with the following weighted average a... | 53 | 10K |
AegonNV-AR_2012 | 4,553 | The new shares have been listed on NYSE Euronext Amsterdam, the principal market for Aegon’s common shares. | 17 | annual_report |
4124 | 646 | Ceded reinsurance - Ceded reinsurance reserves are primarily related to the pre-1986 automobile massive injury claims. As mentioned in the discussion of direct business above, the pre-1986 automobile massive injury reserves increased in 2009 due to assumption changes and frequency trends. These reserve increases drove ... | 56 | 10K |
4337 | 1,172 | We also focused on reducing our exposure to large concentrated positions that exceeded 10% of total adjusted capital (TAC) on a statutory accounting basis. During 2011, we reduced our exposure to Israel Electric by $125 million, the Republic of Tunisia by $107 million, HSBC by $108 million, Commerzbank by $283 million,... | 104 | 10K |
AdmiralGroupPLC-AR_2017 | 1,181 | • Increase to the shareholding guideline from 200% to 300% of base salary | 13 | annual_report |
3039 | 623 | Loans receivable are impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Impaired loans receivable are measured at the present value of expected future cash flows discounted at the loa... | 99 | 10K |
gb_prudential-AR_2013 | 5,074 | Tax charge on profit attributable to shareholders (including tax on actual investment returns)† 1,306 1,188 * The tax charge on operating profit for long-term business includes tax on Solvency II and restructuring costs. † The 2012 comparative results have been adjusted retrospectively from those previously published f... | 60 | annual_report |
HannoverRueckSE-AR_2006 | 1,961 | HDI HANNOVER International España, Cia de Seguros y Reaseguros S.A. 21,751 3,457 | 12 | annual_report |
5837 | 2,343 | Total premiums $ 47,590 100.0 % $ 47,502 100.0 % $ 47,535 100.0 % | 14 | 10K |
de_allianz-AR_2012 | 3,364 | In addition, Allianz SE had authorized capital (Authorized Capital 2010/II) for the issuance of shares against cash until 4 May 2015. The shareholders’ subscription rights can be excluded in order to issue new shares to employees of Allianz SE and its Group companies. As of 31 December 2012, the Authorized Capital 2010... | 59 | annual_report |
AdmiralGroupPLC-AR_2011 | 481 | • Fair deal: how happy employees are with their pay and benefits | 12 | annual_report |
5713 | 2,294 | 2017 impairment tests see Note 10 -Goodwill & Other Intangible Assets of Notes to Consolidated Financial Statements. | 17 | 10K |
ch_zurich_insurance_group-AR_2006 | 1,461 | The summary of the balance sheet changes in relation to defined benefit plans and other defined postemployment benefits is given below. | 21 | annual_report |
3300 | 928 | In February 2007, the FASB issued SFAS No. 159, “The Fair Value Option for Financial Assets and Financial Liabilities” (“SFAS 159”), which provides reporting entities an option to report selected financial assets, including investment securities designated as available for sale, and liabilities, including most insuranc... | 203 | 10K |
4107 | 1,701 | Net earned premiums decreased due to an increase in ceded reinsurance and lower production in 2009, partially offset by in-force growth. Annualized first-year premiums decreased as we maintained our pricing discipline and focus on smaller face amounts. | 37 | 10K |
fr_axa-AR_2017 | 4,818 | Minority interests in funds under this caption totaled €8,756 million as of December 31, 2017, a decrease of €2,747 million compared to December 31, 2016, mainly coming from Belgium. | 29 | annual_report |
SwissReAG-AR_1980 | 258 | In line with the worldwide trend, non-Life insurance brought the Group as a whole a higher underwriting loss than in the previous year, while in Life assurance the underwriting profit rose slightly. - The underwriting busi ness of reinsurance companies again brought on the whole a negative result. Although an underwri... | 130 | annual_report |
INGGroepNV-AR_2015 | 7,929 | Collateralised loan obligation (CLO) A type of collateralised debt obligation (CDO) that is backed primarily by leveraged bank loans. | 19 | annual_report |
1007 | 403 | The following table sets forth the composition of the Company's fixed maturity securities according to NAIC designations and S&P and Moody's ratings at December 31, 1998: | 26 | 10K |
fr_axa-AR_2001 | 3,356 | Up until December 31, 2000, the portion of the FFA attributable to terminal bonuses was included in the UK | 19 | annual_report |
1867 | 706 | Acquisition Expenses. Acquisition expenses increased from $3.8 million to $12.2 million as a result of increased earned premiums. Premium tax expense also increased to $3.7 million from $948,000 due to higher volumes of direct premiums earned. | 36 | 10K |
3584 | 2,196 | Life Reinsurance. We bear four principal classes of risk in our life reinsurance products (i) mortality risk, (ii) investment risk, (iii) persistency risk, and (iv) counter-party risk. | 27 | 10K |
2681 | 642 | Net Realized Gains. Net realized gains for the year ended December 31, 2004 were $13.6 million compared with $22.6 million for the year ended December 31, 2003, a decrease of $9.0 million. We invest our portfolios to produce a total return. In assessing returns under this approach, we include investment income, realize... | 113 | 10K |
GjensidigeForsikringASA-AR_2019 | 2,670 | Provisions for unearned premiums As at 1 January 9,399.6 (39.6) 9,360.1 8,769.5 (41.4) 8,728.0 Addition through merger 172.8 172.8 Increase in the period 24,703.4 (716.3) 23,987.2 23,795.3 (714.2) 23,081.1 Earned in the period (24,236.4) 712.9 (23,523.5) (23,148.0) 715.9 (22,432.0) Exchange differences (36.4) 0.6 (35.8... | 62 | annual_report |
4237 | 687 | Losses and Loss Adjustment Expenses. Losses and loss adjustment expenses incurred for the year ended December 31, 2010, increased by $14,547, or 4.2%, to $360,848 from $346,301 for the comparable 2009 period. Our GAAP loss ratio for the year ended December 31, 2010, increased to 65.4% compared to 65.1% for the comparab... | 111 | 10K |
ScorSE-AR_2008 | 1,176 | Denis Kessler, 56, Chairman of the Board of Directors and Chief Executive Offi cer of SCOR SE | 17 | annual_report |
HiscoxLtd-AR_2007 | 918 | Financial assets carried at fair value 411,908 1,130,080 165,258 40,581 1,747,827 Loans and receivables including insurance receivables 158,151 168,889 48,280 9,902 385,222 | 22 | annual_report |
4986 | 809 | The Company has commitments for potential future investments of approximately $60 million in two private equity funds that invest primarily in financial services companies. | 24 | 10K |
4766 | 1,321 | settlement and, on March 13, 2013, the Court entered an order dismissing the consolidated Delaware action without prejudice. On April 25, 2013, one of the two lawsuits filed in the Supreme Court of the State of New York was discontinued. On April 26, 2013, the remaining lawsuit was also discontinued. | 50 | 10K |
2964 | 891 | Vision membership increased 720,000, or 88%, due to the introduction of our Blue View Vision product and the associated conversion of 432,000 members of a competing plan in Virginia to this new product, as well as new sales in several markets. | 41 | 10K |
BeazleyPLC-AR_2020 | 2,150 | A discount rate, based on weighted average cost of capital (WACC) of 7% (2019: 7%) has been applied to projected future cash flows. This has been calculated using independent measures of the risk-free rate of return and is indicative of the group’s risk profile relative to the market. The impairment test for goodwill c... | 59 | annual_report |
3111 | 1,012 | S&P earnings are expected to grow 9.5% in 2007, following an expected 16% increase in 2006 and 18% increase in 2005. The factors leading to this continued growth are lower energy prices, increased confidence in the economy’s job and income generating capacity, expectations of robust corporate capital expenditures, and ... | 89 | 10K |
4666 | 1,201 | Fixed maturity securities include debt securities, which may have fixed or variable principal payment schedules and may be used as a part of the Company’s asset/liability strategy or sold in response to changes in interest rates, anticipated prepayments, risk/reward characteristics, liquidity needs, tax planning consid... | 101 | 10K |
3202 | 970 | As of December 31, 2006, the Company had letters of credit outstanding under the Facility of $171.9 million, which were established for the benefit of primary insurance companies reinsured by the Company, as explained below. No revolving loans have been drawn by the Company under the Facility since its inception. For t... | 155 | 10K |
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