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2 values
SwissReAG-AR_2005
1,235
and the STOXX Ins. Index by 12.9% and 8.4% respectively. The Group announced its embedded value results for 2004, along with its organisational realignment, and held its Investors’ day in New York. Third quarter: Swiss Re shares rose 7.9%, almost in line with the rise in the STOXX Ins. Index (8.0%), but 2.6% lower than...
110
annual_report
5548
843
Property and Equipment-Property and equipment are stated at cost, less accumulated depreciation and amortization. Capital lease amortization expenses are included in depreciation expense in our Consolidated Statements of Comprehensive Income. Depreciation and amortization is computed using the straight-line method base...
46
10K
3885
971
In February 2007, the FASB issued SFAS No. 159, “The Fair Value Option for Financial Assets and Financial Liabilities” which was effective January 1, 2008. SFAS No. 159 permits entities to choose to measure and report many financial instruments and certain other assets and liabilities at fair value. The objective of SF...
127
10K
4051
3,174
Capital Markets represents the operations of AIGFP, which engaged as principal in a wide variety of financial transactions, including standard and customized financial products involving commodities, credit, currencies, energy, equities and interest rates. AIGFP also invests in a diversified portfolio of securities and...
96
10K
4764
537
We capitalize internally developed software costs on a project-by-project basis. Software development costs are carried at unamortized cost and are amortized using the straight-line method over the estimated useful life of the software, typically 5 years. Amortization begins when the software is ready for its intended ...
47
10K
5709
2,379
Title plants and other indexes included title plants of $530.5 million and $530.4 million and capitalized real estate data of $49.2 million and $47.1 million at December 31, 2019 and 2018, respectively. Title plants are carried at cost, with the costs of daily maintenance (updating) charged to expense as incurred. Beca...
133
10K
SwissReAG-AR_2013
1,611
We work to mitigate the impact of natural catastrophes, first by issuing re/insurance covers and insurance-linked securities, but also by offering our clients and others access to our strategic expertise. this include our wide range of expert publications, our catnet® online hazard information system, and our economics...
192
annual_report
SwissReAG-AR_2016
4,162
SRF = “The Swiss Re Foundation in 2016 – Shared skills, resilient futures” report
14
annual_report
3227
759
Investment expenses increased 15.3%, or $0.3 million, to $2.3 million in 2006 from $2.0 million in 2005. Although a full year of expenses are included for Financial Pacific as compared to only a quarter in 2005, investment expenses increased by only 15.3% in 2006 as compared to a 91.0% increase in gross investment inco...
92
10K
309
270
Operating expenses increased 19% in 1995 compared to 1994. The increase was caused by several factors. The primary factor for the increase in operating expenses is due to the decrease in production. The decrease in production was discussed in the analysis of premium income. As such, the Company was positioned to handle...
134
10K
NatixisSA-AR_2015
824
(a) Listed company. (b) Company outside Groupe BPCE. (e) 2019 AGM convened to approve the fi nancial statements for the year ending 12.31.2018.
23
annual_report
3788
983
Operating in the U.S. economy was a challenge in 2008. The weak economic environment has likely had an impact on some of our policyholders, potential customers and sales associates, and the recent stock market turmoil has added to consumer unease. In addition, Hurricane Ike severely disrupted sales activities in Texas,...
111
10K
4110
1,079
We measure organic growth by including CPIC gross premiums written as if we owned CPIC in the comparable prior year period. We believe this is meaningful because CPIC wrote brokerage business that was managed by Tower and Tower wrote program business that was managed by CPIC. Organic growth, as defined, was 14% for the...
99
10K
4920
698
During 2014 we focused on growing premium in California, Florida and Texas personal auto and countrywide Commercial Vehicle while improving the profitability in Arizona, Georgia, Nevada and Pennsylvania. Although we have seen improvement in the combined ratios, we have determined that our personal auto business in Geor...
117
10K
PhoenixGroupHoldingsPLC-AR_2011
881
The current expectation is that MCEV and cash generation performance metrics will continue to be used for the 2012 awards (with TSR also being considered for part of the 2012 awards), with performance targets (which will be no less challenging than those presented above) set in advance of the awards being granted.
52
annual_report
4440
1,326
The amount of proportional and excess of loss reinsurance gross premiums written and gross acquisition expenses recognized by the Company’s reinsurance operations for each line of business for the years ended December 31, 2011, 2010 and 2009 was as follows:
40
10K
2889
2,443
On April 21, 2005, the Company redeemed all of its outstanding $1,150.0 million principal amount of 3.1% exchangeable subordinated notes due 2007 at a redemption price of 100.9375% of the principal amount, plus accrued interest.
35
10K
4603
949
Currently, the longest period of time over which the Company is hedging exposure to the variability in future cash flows is six years and relates to interest credited on forecasted fixed premium product sales.
34
10K
4566
638
The Company uses the asset and liability method of accounting for income taxes. Deferred income taxes arise from the recognition of temporary differences between financial statement carrying amounts and the tax bases of the Company's assets and liabilities and operating loss carry-forwards. Deferred tax assets and liab...
116
10K
3928
1,465
For quota share or proportional contracts, we are entitled to receive premium as the ceding client collects the premium under contractual reporting and payment terms, which are usually quarterly. Premiums are usually collected over a two year period on our quota share or proportional contracts. For excess of loss contr...
152
10K
fr_axa-AR_2008
7,431
4. with respect to the application of paragraph 3. a) and prior to the Shareholders’ general meeting, the Management Board shall formally request that the supervisory boards of the relevant mutual funds nominate one or more candidates.
37
annual_report
SwissReAG-AR_2008
2,158
Retained earnings brought forward 65 61 Profit for the financial year 1 697 15
14
annual_report
2010
4,848
Patient days represent the number of days (calculated as overnight stays) our beds were occupied by patients during the period.
20
10K
fr_axa-AR_2004
479
TURKEY27 On a comparable basis, gross revenues increased by 16.8% to €217 million mainly driven by motor growth which benefited from a positive net inflow.
25
annual_report
AegonNV-AR_2016
2,390
Ms. Wortmann-Kool is also a member of the Supervisory Board of
11
annual_report
4102
841
The Company periodically reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amou...
71
10K
5641
1,378
Under the 2014 Stock Plan, options may be granted to eligible employees, directors or consultants at an exercise price equal to the market price of the Company’s common stock on the date of grant. Option shares may be exercised subject to the terms prescribed by the Compensation Committee of the Board of Directors (the...
93
10K
PowszechnyZakladUbezpieczenSA-AR_2014
2,417
Emblem and Scientific Council Member. He gained his professional knowledge and experience working as the Head of International Business Relations Section at Management Faculty,
24
annual_report
4215
699
The unrealized gains are partly due to the recovery in value of previously impaired fixed income securities. These unrealized gains do not necessarily represent future gains that we will realize. Changing conditions related to specific securities, overall market interest rates, and credit spreads, as well as our decisi...
98
10K
4605
1,150
Our capital management framework is primarily based on statutory risk based capital measures. In addition, we also use an economic capital framework to inform capital decisions.
26
10K
4626
1,356
Premium payments are based upon eligibility lists produced by CMS and state agencies. We verify these lists to determine whether we have been paid for the correct premium category and program. From time to time, CMS and state agencies require us to reimburse them for premiums that we received for individuals who were s...
200
10K
fr_axa-AR_2010
9,998
Pursuant to Article 222-7 of the AMF General Regulations (réglement général de l’Autorité des marchés financiers), the table below sets forth all information published or otherwise made public by the Company over of the previous twelve months in one or more
41
annual_report
485
363
GUARANTY NATIONAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands)
12
10K
5106
1,418
Interest expense was $769,000 and $584,000 for the years ended December 31, 2015 and 2014, respectively. Interest expense increased primarily due to the additional outstanding borrowings under the Revolver and 2014 Term Note. The outstanding borrowings under the Revolver were repaid from the proceeds received from the ...
52
10K
AegonNV-AR_2006
2,519
For share option plans that are equity-settled, the expense recognized is based on the fair value on the grant date of the share options, which does not refl ect any performance conditions other than conditions linked to the price of the Group’s shares. The cost is recognized in the income statement, together with a co...
89
annual_report
4808
2,823
fuel-efficient aircraft, and the success of competing aircraft models resulted in a contracting operator base for these aircraft types. These factors, together with the latest updates to airline fleet plans and efforts to remarket these aircraft resulted in the impairment charge. Approximately $1.0 billion of the $1.1 ...
96
10K
121
201
New business growth over the past several years has been largely attributable to growth in the reinsurance assumed book of business. In 1994, 41 percent of the Company's net written premium was derived from assumed reinsurance, up from 38 percent in 1993 and 36 percent in 1992. HSB assumes business from a number of i...
74
10K
gb_prudential-AR_1999
37
Jackson National Life (JNL) was acquired by Prudential in 1986 and is one of the leading writers of individual life insurance and annuities in the US, providing products and services in all 50 states. It employs 1,700 people and distributes its products through independent agents, broker dealers and financial instituti...
50
annual_report
de_allianz-AR_2013
1,137
Corporate and otHer Our Corporate and Other business segment recorded an operating loss of € 1.0 BN in 2013. Due to improving results from our banking activities and slightly deteriorating operating results of the Holding & Treasury reportable segment – mainly driven by our technology investments – we predict an operat...
71
annual_report
4652
2,321
The internal-only hedges are between a subsidiary of Prudential Financial and certain of our yen-based entities and serve to hedge a portion of the value of U.S. dollar-denominated investments held on the books of these yen-based entities. These U.S. dollar-denominated investments are part of our hedging strategy to mi...
275
10K
fr_axa-AR_2008
4,233
Philippines AXA Life Insurance Corporation 11 – 5 (1) – 14
11
annual_report
AvivaPLC-AR_2015
5,836
We may also face financial or other exposure in the event that any of our partners fail to meet their obligations under the agreement or encounter financial difficulty. Partnership agreements may also be terminated on certain dates or subject to certain conditions and could be subject to renewal on less favourable term...
143
annual_report
2639
826
The following are the assets and liabilities of the Company's discontinued Texas HMO subsidiaries' health care operations:
17
10K
3756
1,082
New York City, New York (Argo Group U.S and Argo Specialty)
11
10K
5015
444
We believe that the portfolio cash flow results set forth above are consistent with our general investment thesis: that the life insurance policy benefits we receive will continue to increase over time in relation to the premiums we are required to pay on the remaining polices in the portfolio. Nevertheless, we expect ...
151
10K
AvivaPLC-AR_2009
2,363
2 – Presentation changes (a) Changes to presentation (i) The Group has adopted IAS 1 (Revised), Presentation of Financial Statements, as of 1 January 2009. The principal impact of this has been in the following areas: (a) The titles of some of the prime statements have changed, so that the consolidated statement of rec...
236
annual_report
NatwestGroupPLC-AR_2004
2,869
In its supervisory role, the FSA sets requirements relating to matters such as consolidated supervision, capital adequacy, liquidity, large exposures, and the adequacy of accounting procedures and controls. Banks are required to set out their policy on “large exposures” and to inform the FSA of this. The policy must be...
71
annual_report
AvivaPLC-AR_2008
1,039
In Aviva USA we introduced customers to our “Wellness for Life” programme which provides premium reductions to customers who maintain healthy lifestyles. We provide wellness information services through our affiliation with the world-renowned Mayo Clinic Health Solutions. We have also maintained our industryleading app...
76
annual_report
AegonNV-AR_2004
947
‘investment contracts without discretionary participation features’ to be valued at either fair value or at amortized cost.
17
annual_report
AegonNV-AR_2004
491
welcomes the possibility of proxy voting and, for the first time, shareholders will be able to vote electronically even if they are not present at the upcoming shareholders’ meeting.
29
annual_report
DirectLineInsuranceGroupPLC-AR_2015
2,867
This is designed to incentivise the performance of executives and employees over a one-year operating cycle. It focuses on the short to medium-term elements of the Group’s strategic aims.
29
annual_report
ch_zurich_insurance_group-AR_2015
1,780
On-balance sheet exposures are the main source of credit risk. Off-balance sheet exposures are related primarily to collateral used to protect underlying credit exposures on the balance sheet. The Group also has off-balance sheet exposures related to undrawn loan commitments of USD 8 million and USD 3 million as of Dec...
68
annual_report
1607
318
Federal income tax expense was $207.7 million representing an effective tax rate of 30.4% for 2000. Federal income tax expense in 1999 and 1998 was $201.4 million and $190.4 million, respectively, representing effective rates of 33.2% and 34.2%. An increase in tax exempt income and investment tax credits resulted in th...
55
10K
2013
2,739
The Company has a securities lending program operated on its behalf by the Company's primary custodian, Chase Manhattan Bank of New York. The custodian has indemnified the Company against losses arising from this program. There were no securities out on loan at December 31, 2002 and 2001. The income resulting from this...
69
10K
SwissLifeHoldingAG-AR_2008
2,940
4 The allocation of the shares for the 2007 f inancial year was effected on 31.03.2008 at economic value, which is equal to the tax value (CHF 231.7351), taking into account a blocking period of three years. The share price on the day of allocation was CHF 276.00. No variable compensation in shares will be paid out for...
91
annual_report
StandardLifeAberdeenPLC-AR_2015
1,175
Our continued strong performance together with the executive Director changes noted above have shaped the remuneration decisions we have made during the year. Change of Chief Executive Keith Skeoch was appointed Chief Executive on 5 August 2015.
37
annual_report
BaloiseHoldingLtd-AR_2011
2,866
Key dates and contacts corporate Governance Baloise Group Andreas Eugster Aeschengraben 21 CH-4002 Basel andreas.eugster@baloise.com www.baloise.com
16
annual_report
de_allianz-AR_2016
777
Management’s assessment of expected revenues and earnings for 2017 In 2016, our total revenues amounted to € 122.4 bn, a 2.2 % decrease on a nominal and a 0.8 % decrease on an internal basis compared to 2015. We expect a rather flat revenue development in 2017, with PropertyCasualty and Asset Management revenues advanc...
72
annual_report
HelvetiaHoldingAG-AR_2013
2,354
European Investment Bank AAA 675.4 675.4 – – – – – – – –
14
annual_report
3990
1,257
The Health Care segment includes medical, dental, behavioral health, prescription drug and other products and services that may be integrated to provide consumers with comprehensive health care solutions. This segment also includes group disability and life insurance products that were historically sold in connection w...
72
10K
gb_prudential-AR_2014
2,145
Five highest paid individuals Of the five individuals with the highest emoluments in 2014, two were directors whose emoluments are disclosed in this report. The aggregate of the emoluments of the other three individuals for 2014 were as follows: Base salaries, allowances and benefits in kind 1,321 Pension contributions...
59
annual_report
4214
1,787
Consolidated Statements of Cash Flows for the years ended December 31, 2010, 2009 and 2008
15
10K
AegonNV-AR_2007
2,057
Agreement, published on AEGON’s website. They include the acquisition by a third party of an interest in AEGON
18
annual_report
NNGroupNV-AR_2014
224
We have made a significant investment in modernising our IT infrastructure and direct channels and will continue to do so as technology develops.
23
annual_report
4431
1,082
We have a profit sharing and 401(k) savings plan for employees. At the discretion of the Board of Directors, we may make a profit sharing contribution of up to 5% of each participant's eligible compensation. We provide a matching 401(k) savings contribution on employees' before-tax contributions at a rate of 80% of the...
87
10K
ScorSE-AR_2017
4,178
• Group Treasury • Group Controlling • Corporate Finance • Investor Relations • Rating Agencies • Group Capital
18
annual_report
PosteItalianeSpA-AR_2019
2,282
Poste Italiane awarded for initiatives to support the digital development of Small
12
annual_report
NatwestGroupPLC-AR_2011
489
We developed our Customer Commitments to deliver a more helpful banking service and we measure how we perform against these.
20
annual_report
ASRNederlandNV-AR_2018
3,870
Disability-morbidity risk Morbidity or disability risk is associated with all types of insurance compensating or reimbursing losses (e.g. loss of income, adverse changes in the best estimate of the liabilities) caused by changes in the morbidity or disability rates. The scenario analysis consists of a 35% increase in d...
67
annual_report
AvivaPLC-AR_2003
180
Our strategy is to align our distribution model to the channels that dominate local market distribution. In more developed markets, such as the UK, the Netherlands and France, we have a multi-distribution model which enables us to meet customer demand for a wider choice of products sold in a variety of ways, including ...
55
annual_report
de_allianz-AR_2005
758
Directors or Board of Management of the local operating entity or
11
annual_report
BaloiseHoldingLtd-AR_2014
1,635
If all interest rates had been 50 basis points lower on the balance sheet date but all other variables had remained constant, the profit for the period (after deferred gains / losses and deferred taxes) would have been CHF 73 million lower (31 December 2013 with interest rates 100 basis points lower: CHF 33 million low...
97
annual_report
4808
4,750
The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in these securities. Based on our investment strategy, we had no significant concentrations of risks at December 31, 2013.
38
10K
ScorSE-AR_2020
287
See Section 1.2.2 – History and development of SCOR, and Section 4.6 Note 4 – Acquisitions and disposals.
18
annual_report
RaiffeisenBankInternationalAG-AR_2014
1,319
Equity and liabilities according to measurement categories in € thousand 2014 2013
12
annual_report
3562
1,902
At December 31, 2007, the actuarial reserve range determined by the actuaries was from $110.9 million to $125.3 million. Management reviews the results of the reserve estimates in order to determine any appropriate adjustments in the recording of reserves. Adjustments to reserve estimates are made after management’s co...
152
10K
4677
935
Broker/Dealers. Generally, the Company obtains quotes directly from broker/dealers who are active in the corresponding markets when prices are unavailable from independent pricing services or index providers. Broker/dealer quotes may also be used if the pricing from pricing services or index providers is not reflective...
132
10K
421
351
Based on the historical cash flow of the Company, the Company's current financial results and the Company's expectation as to the level of the Company's net premiums written during the next twelve months, the Company believes that cash flow provided by operating activities of the Insurance Subsidiaries over the next ye...
226
10K
nl_ing_grp-AR_2016
3,097
Furthermore there are restrictions to the ability of subsidiaries, associates and joint ventures to distribute reserves to ING Groep N.V. as a result of minimum capital requirements that are imposed by industry regulators in the countries in which the subsidiaries operate.
41
annual_report
NatixisSA-AR_2005
3,733
Printed using vegetable inks by IMP Graphic (Cosne-sur-Loire, France), an Imprim’vert printer. The Imprim’vert label is awarded to printers implementing industrial strategies on environmental protection (waste management, exclusion of toxic products, etc.). The paper selected for the cover of the Annual Report was made...
77
annual_report
NatixisSA-AR_2012
3,512
V Overall, the Caisse d’Epargne network generated combined net income of €1,253 million in 2012, down 9.6% on 2011.
19
annual_report
HannoverRueckSE-AR_2010
1,648
• issue of virtual Hannover Re Share Awards as a participation component with a deferment in payment of four years
20
annual_report
5018
2,480
Although our in-force book of business remains attractive to us, with our continuing focus on underwriting discipline, absent changed conditions, we do not expect to maintain the size of our aggregate book of business; and while we will strive to maintain a high level of net portfolio quality, we cannot assure you that...
173
10K
5508
270
For the year ended December 31, 2018, net premiums earned were down $307,000 at $60,856,000 compared to $61,163,000 in 2017. The decrease in premium revenue was primarily driven by a decline in net earned premium in the P&C segment of $207,000. This decline was primarily attributable to a decrease in our surplus lines ...
57
10K
ASRNederlandNV-AR_2015
1,915
The non-technical result increased mainly as a result of the change in risk appetite, i.e. the de-risking on equity and the (re) valuation on property.Profit before tax increased to € 709 million
32
annual_report
SwissLifeHoldingAG-AR_2017
1,455
Financial assets available for sale (AFS) Financial assets classified as available for sale are carried at fair value. Financial assets are classified as available for sale if they do not qualify as held to maturity, loans and receivables or if they are not designated as at fair value through profit or loss. Gains and ...
72
annual_report
RaiffeisenBankInternationalAG-AR_2006
21
Resources Number of staff on balance-sheet date 52,732 52,732 20.9% 43,614 22,851 18,386 13,478 1 One-off effect due to the sale of Raiffeisenbank Ukraine and the stake in Bank TuranAlem. 2 The shift from trading to commission income has been made retroactively for 2002-2005, see page 127. 3 Calculated according to the...
79
annual_report
Sampoplc-AR_2000
181
The Group’s resources pertaining to fund operations will increase in 2001 due to the combination of the operations of Mandatum Fund Management Company and Sampo-
25
annual_report
StandardLifeAberdeenPLC-AR_2010
1,537
Expected return transfer to net worth 109 4 113 (113) -
11
annual_report
NatwestGroupPLC-AR_2011
2,831
Financial instruments held in the Group’s trading portfolios include, but are not limited to: debt securities, loans, deposits, equities, securities sale and repurchase agreements and derivative financial instruments.
28
annual_report
RSAInsuranceGroupPLC-AR_2018
2,241
Performance measures and weightings are set each year considering the Company’s strategy and shareholder interests, and will vary based on each
21
annual_report
178
497
The Company's need for capital has historically been to maintain or increase the surplus of its Insurance Subsidiaries, to fund the losses incurred by WorldNet, and to support the Company as an insurance holding company, including the maintenance of its status as a public company. In addition, the Company requires capi...
66
10K
5319
2,093
In accordance with the terms of the Single Premium QSR Transaction, rather than making a cash payment or transferring investments for ceded premiums written, Radian Guaranty holds the related amounts to collateralize the reinsurers’ obligations and has established a corresponding funds withheld liability. Any loss reco...
156
10K
5822
877
The following table sets forth these metrics as of and for the periods presented:
14
10K
StandardLifeAberdeenPLC-AR_2007
162
4 2006 results are shown on a pro forma basis. 5 PVNBP margins are NBC divided by PVNBP expressed as a percentage based on the underlying unrounded numbers.
28
annual_report
gb_prudential-AR_2012
641
Following the divestment in 2012 of M&G’s holding in PPM South Africa from 75 per cent to 49.99 per cent and its treatment from 2012 as an associate, M&G’s operating income and expense shown in the table above, no longer includes any element from PPM South Africa, with the share of associate’s results being presented i...
90
annual_report
fr_axa-AR_2013
7,369
The cost includes the expenses from share-based compensation instruments issued by the Group as well as by
17
annual_report
NatixisSA-AR_2017
372
Natixis’ Insurance division had 1,601 full-time equivalent (FTE) 2016. The Insurance business’s total revenue from direct sales employees at the end of 2017, compared to 1,567 at the end of exceeded €11.7 billion in 2017.
35
annual_report
PowszechnyZakladUbezpieczenSA-AR_2011
19
In 2011 GDP in Poland increased by 4.3%, which exceeded both expectations and last year‟s dynamics (3.9%). In 2011 the rate of increase in domestic demand slowed a little to 3.8% compared with 4.6% in 2010, and contrary to 2010, net exports contributed to the growth in GDP. Once again, in 2011 retail consumption was th...
181
annual_report
BaloiseHoldingLtd-AR_2013
255
CROATIA AND SERBIA: IMPROVEMENT Baloise increased the total volume of business transacted in Croatia and Serbia together by 2�4 per cent to CHF 70�0 million (2012: CHF 68�4 million)� Both units improved their claims ratios and expense ratios and together achieved a combined ratio of 102�3 per cent (2012: 105�8 per cent...
107
annual_report