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2 values
CNPAssurancesSA-AR_2009
1,556
Time value of options and guarantees (1,012) (1,011) (2) 0 (2)
11
annual_report
gb_lloyds_banking_grp-AR_2013
1,914
The outcome of the Board effectiveness review has been discussed by the Board. The outcome of the evaluation of the Chairman was discussed by the non-executive Directors at an arranged Board dinner and at the Board meeting the following day, each in the absence of the Chairmen. If Directors have concerns about the Comp...
76
annual_report
RaiffeisenBankInternationalAG-AR_2012
1,773
Cost of acquisition or conversion 1/1/2012 Change in consolidated group Exchange differences Additions Disposals Transfers As of 31/12/2012
18
annual_report
3962
710
Capitated costs increased approximately 10% PMPM year-over-year, primarily as a result of rate increases received for members capitated on a percentage of premium basis at the New Mexico health plan, and the transition of members into capitated arrangements in California.
40
10K
1756
233
We believe that a number of events in recent years have increased the scarcity value of the project's storage capacity. At a public hearing on March 14, 2000, the AWBA disclosed that the Bureau of Reclamation has indicated that, before permits are issued for new facilities to store water for interstate users, extensive...
127
10K
3161
1,103
value measurements but does not expand the use of fair value in any new circumstances. SFAS No. 157 is effective for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years. The Company is still evaluating the impact of SFAS No. 157 on its consolidated financial statements.
51
10K
Sampoplc-AR_2005
1,894
...and we succeeded. We accepted the challenge, and this is the result: Our share of the Finnish housing loan market´s growth increased to 23 per cent (14).
27
annual_report
NatwestGroupPLC-AR_2007
4,005
• Problem debt identification: policies and systems encourage the early identification of problems and the employment of specialised staff focused on collections and problem debt management.
26
annual_report
5749
693
Stock Repurchase Program - The Board of Directors of UTG has authorized the repurchase in the open market or in privately negotiated transactions of UTG's common stock. At a meeting of the Board of Directors in June of 2019, the Board of Directors of UTG authorized the repurchase of up to an additional $2.5 million of ...
152
10K
4178
2,028
Short-term debt and current portion of the long-term debt consists of the following:
13
10K
StorebrandASA-AR_2012
2,624
The Board of Directors and the Managing Director’s Responsibility for the Financial Statements The Board of Directors and the Managing Director are responsible for the preparation and fair presentation of these financial statements in accordance with the Norwegian accounting act and accounting standards and practices g...
105
annual_report
5418
681
Cash provided by (used in) operating activities primarily consists of net income (loss), adjusted for certain non-cash items including depreciation and amortization; amortization of intangible assets, internally developed software and book-of-business consideration; stock-based compensation expense and the effect of ch...
46
10K
5852
1,086
Equitable Financial and Equitable America receive statutory reserve credits for reinsurance treaties with EQ AZ Life Re to the extent EQ AZ Life Re holds assets in an irrevocable trust (the “EQ AZ Life Re Trust”). As of December 31, 2020, EQ AZ Life Re holds $2.1 billion of assets in the EQ AZ Life Re Trust and letters...
141
10K
LloydsBankingGroupPLC-AR_2006
1,757
e) In certain circumstances the interest payments on these securities can be deferred although in this case neither Lloyds TSB Bank plc nor Lloyds TSB Group plc can declare or pay a dividend until payments are resumed. Any deferred payments will be made good on redemption of the securities. The securities can be redeem...
70
annual_report
AvivaPLC-AR_2004
630
George Paul and Elizabeth Vallance, independent non-executive directors, were re-elected by shareholders at last year’s Annual General Meeting. As they have both served in excess of nine years with the Company, or one of the legacy companies, they will retire and seek re-election again at this year’s meeting. However, ...
78
annual_report
BaloiseHoldingLtd-AR_2007
1,275
ewaterhouseCoopers (PwC) and che Treuhandgesells Baloise mittee evaluates the performance of the exal auditors and their cooperation with Internal Audit,
20
annual_report
StandardLifeAberdeenPLC-AR_2011
1,644
Contribution from in-force business: Expected return on existing business - 33 33 75 108
14
annual_report
1000
851
CNA also uses derivatives to mitigate the risk associated with its indexed group annuity contracts by purchasing S&P 500 futures contracts in a notional amount equal to the portion of the customer liability related to the S&P 500 exposure. CNA generally does not hold or issue these instruments for trading purposes. The...
76
10K
4535
1,550
Fees for mortality and surrender charges are recognized as assessed, that is as earned.
14
10K
2662
788
We entered into cross-currency swap agreements to effectively convert our dollar-denominated senior debt obligation, which matures in 2009, into a yen-denominated obligation (see Notes 4 and 6 of the Notes to the Consolidated Financial Statements). The effect of issuing fixed-rate, dollar-denominated debt and swapping ...
224
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2007
1,896
Change from the acquisition, sale and maturities of other investments – 4,791 – 4,157
14
annual_report
RSAInsuranceGroupPLC-AR_2006
1,187
During 2005, the terms of the subordinated guaranteed perpetual notes were revised with the effect that their classification under IFRS changed from being equity instruments to debt instruments. In the 2005 financial statements, the reclassification was accounted for as an exchange transaction as the underlying terms o...
233
annual_report
4824
817
The amounts presented for future payments to be made to policyholders and beneficiaries must be actuarially estimated and are not determinable from the contract. The projected payments are based on our current assumptions for mortality, morbidity and policy lapse, but are not discounted with respect to interest. Additi...
182
10K
AvivaPLC-AR_2011
4,380
(Loss)/profit from the period (2,701) 1,474 Other comprehensive income from continuing operations Fair value losses on AFS securities, owner-occupied properties and hedging instruments (9) — Actuarial gains on pension schemes 996 1,078 Actuarial losses on pension schemes transferred to unallocated divisible surplus and...
73
annual_report
NatixisSA-AR_2011
272
Property and casualty insurance revenues in France increased at their strongest rate since 2004. The fi rst large-scale climatic event of 2011 was the serious fl ooding in the southeast of France at the beginning of November. Natixis Assurances recorded strong growth in business. The number of policies sold rose 5% to ...
83
annual_report
Sampoplc-AR_2017
3,928
BrBreakeakdodown of Grwn of Grososs Ws Writtritten Pren Premiums bemiums by Businesy Business Ars Areaea Topdanmark, 2017, total EUR 1,216 million
21
annual_report
857
496
During the period ended December 31, 1997, an accrual for the 1998 assessment for the Florida Workers' Compensation Guaranty Association of approximately $2.0 million was recorded.
26
10K
gb_prudential-AR_2006
1,436
3. Independent assurance: independent assurance on the effectiveness of the Group’s and business unit control and risk management systems is provided by Internal Audit reporting to the Group and business unit audit committees.
33
annual_report
TrygAS-AR_2004
1,634
Tryg i Danmark is a company with limited liability registered with the Danish Commerce and Companies Agency. Members of the company are Danish policyholders from time to time in
29
annual_report
Sampoplc-AR_2011
978
ALCO reports to the Board and meets at a minimum on a monthly basis.
14
annual_report
3018
711
Net investment income - was $1,206.1 million and $1,112.5 million for the twelve-month periods ended December 31, 2006 and 2005, respectively. Investment income, excluding the mark to market of the trading portfolio and partnership income, was $1,161.3 million and $1,133.4 million for the twelve-month periods ended Dec...
147
10K
AdmiralGroupPLC-AR_2015
1,834
Greenhouse gas emissions The annual level of greenhouse gas emissions, resulting from activities for which the Group is responsible, in 2015 was 8,358 CO
24
annual_report
ch_zurich_insurance_group-AR_2014
3,145
Free surplus development in USD millions, for the year ended December 31, 2014
13
annual_report
383
134
The Company's commission advance policy exposes the Company to the risk of uncollectible commission advances particularly for associates who do not receive commissions on a large number of memberships or who experience below average persistency. The Company closely monitors such commission advances to ensure maximum re...
65
10K
AegonNV-AR_2011
1,181
AEGON UK provides a wide range of personal pensions as well as associated products and services. These include: �� Flexible personal pensions.
22
annual_report
gb_prudential-AR_2017
5,190
M&G General Partner Inc OS 100.00% Walker House, 87 Mary Street, Grand Cayman, KY1‑9002, Cayman Islands
16
annual_report
AvivaPLC-AR_2009
4,523
2009 As reported maintenance decrease in rates – life annuity Embedded value on page 304 expenses lapse rates assurance business (net of tax) £m £m £m £m £m
28
annual_report
4225
3,775
Given the current performance of the underlying portfolios, the level of subordination and AIGFP's own assessment of the credit quality of the underlying portfolio, as well as the risk mitigants inherent in the transaction structures, AIGFP does not expect that it will be required to make payments pursuant to the contr...
58
10K
de_allianz-AR_2014
2,994
Government and government agency bonds 56 31 – (26) – 1 – 4 (27) 39 –
16
annual_report
Sampoplc-AR_2011
597
few years, and all the company's actions are guided by a strict environmental policy. The fundamental thought behind the policy is that If should always seek out the most environmentally viable solution for the company itself, its customers, suppliers and partners.
41
annual_report
1321
552
The Company is subject to regulation under applicable insurance statutes, including insurance holding company statutes, of the various states in which the Company operates. Insurance regulation is intended to provide solvency and other safeguards for policyholders rather than to protect stockholders of insurance holdin...
117
10K
DirectLineInsuranceGroupPLC-AR_2015
2,120
2.3 Fair value Financial assets classified as AFS debt securities and derivative financial instruments are recognised in the financial statements at fair value determined using observable market input. The fair value of AFS debt securities at 31 December 2015 amounted to £5,226.6 million (2014: £5,830.3 million with an...
80
annual_report
AvivaPLC-AR_2005
953
Directors’ interests in Aviva shares The interests held by each person who was a director at the end of the financial year in the ordinary shares of 25 pence each in the Company is shown below. All the disclosed interests are beneficial. The table also summarises the interests in shares held through the Company’s vario...
83
annual_report
5934
402
Administrative functions such as finance, human resources, information technology, quality and compliance, exist in both a centralized shared-service arrangement and within certain operations. Each of these functions are managed by centralized management and we allocate the costs of those services to the segments as in...
49
10K
2464
1,783
In the fourth quarter of 2004, the Company recorded a charge related to the settlement of the multistate market conduct examination of $127.0 million, before tax, or $87.8 million, after tax, comprised of four elements: $27.5 million of incremental direct operating expenses to conduct the two-year reassessment process;...
95
10K
3306
325
The most significant component of RiverSource Life’s investments is its Available-for-Sale securities, which RiverSource Life generally carries at fair value within its Consolidated Balance Sheets. The fair value of RiverSource Life’s Available-for-Sale securities at December 31, 2007 was primarily obtained from third-...
349
10K
2073
465
We have two reportable business segments in our operations: property and casualty insurance and life insurance. The property and casualty segment has four locations from which it conducts its business. All offices target a similar customer base, market the same products and use the same marketing strategies, and are th...
154
10K
1406
702
Investments - Investments in securities, which are held principally by insurance subsidiaries of CNA Financial Corporation ("CNA"), an 87% owned subsidiary, are carried as follows:
25
10K
5715
747
The key assumptions used in estimating the fair value of our reporting units utilizing the income approach include the discount rate and the terminal growth rate. The discount rates utilized in estimating the fair value of our reporting units in 2019 range between 13.0% and 14.5%, reflecting the Company's assessment of...
132
10K
fr_axa-AR_2005
274
Chairman of the Board of Directors Chairman of the Board of Directors Président-Directeur Général Président-Directeur Général of BNP Paribas of BNP Paribas de BNP Paribas de BNP Paribas Director of member of the Supervisory Director of member of the Supervisory Director of member of the Supervisory Director of member o...
145
annual_report
3428
639
$0.3 million. The resulting unrealized loss position for this security was 4.5%, which was also the largest unrealized loss percentage.
20
10K
3671
986
contains either direct insurance or assumed reinsurance reserves and groups relatively similar types of risks and exposures (e.g., asbestos, environmental, casualty and property) and lines of business written (e.g., marine, aviation and non-marine). Based on the exposure characteristics and the nature of available data...
104
10K
StorebrandASA-AR_2005
695
Compass, provides management and the Board with monthly reports on financial and operational performance relative to approved targets. The system highlights parameters that fall short of targets so that appropriate measures can be implemented.
34
annual_report
4271
964
Other-than-temporary impairments: Torchmark’s portfolio of fixed maturities fluctuates in value due to changes in interest rates in the financial markets as well as other factors. Fluctuations caused by market interest rate changes have little bearing on whether or not the investment will be ultimately recoverable. The...
170
10K
fr_axa-AR_2016
6,714
Fair value determined directly by reference to active market excluding derivatives (level 1)
13
annual_report
ASRNederlandNV-AR_2010
136
In addition to these core markets, ASR Nederland also focuses on: • markets that, because of their connections with activities in one of its core markets, are important in offering service to customers, such as savings and investment, mortgages and health insurance; • markets with a specific distribution network and a ...
92
annual_report
3379
1,502
See Item 8 - “Consolidated Statement of Cash Flows.” There are three main sources of cash flows for the Company - those provided by operations, investing activities and financing activities.
30
10K
5344
1,113
The following table reflects operating income before interest expense and income taxes for each operating segment and a reconciliation to consolidated net income from operating income before interest expense and income taxes (a non-GAAP measure).
35
10K
1362
882
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
18
10K
AvivaPLC-AR_2015
3,225
1 Additions include investment property bought as part of the acquisition of Friends Life in 2015.
16
annual_report
StandardLifeAberdeenPLC-AR_2017
2,385
Variable pay awards for the year under review were based on the following key performance indicators, weightings and targets.
19
annual_report
3674
3,429
A restricted stock share represents a grant of Common Stock to employee and non-employee participants that is subject to certain transfer restrictions and forfeiture provisions for a specified period of time. A restricted stock unit is an unfunded, unsecured right to receive a share of Common Stock at the end of a spec...
153
10K
AegonNV-AR_2019
9,367
January 1, 2023 for policy #1 will be EUR 560.64 gross per year and for #2 EUR 34.11 gross per year. The contributions into these policies ended in the 1980’s. The related annual net profit arising from these two contracts is negligible.
42
annual_report
de_allianz-AR_2012
973
In 2012, Euler Hermes continued its organizational transformation and efficiency improvements that in recent years have streamlined infrastructure and operating processes and made the company more consistent and more agile in responding to client requirements and changing market conditions. In parallel, the company imp...
60
annual_report
NatixisSA-AR_2011
852
The details of the 2011 compensation policy for this category of employees, along with the associated quantitative data, will be published in a special report, which will be available on the Natixis website before the General Shareholders’ Meeting of May 29, 2012.
42
annual_report
NatixisSA-AR_2018
11,095
Consumption per m2 of usable rented surface (in m3) 0.25 0.25 0.25
12
annual_report
4928
742
The Company manages its business in two segments: PBM and HCIT, and evaluates segment performance based on revenue and gross profit. Information about the Company’s reportable segments for the years ended December 31, 2014, 2013 and 2012 is presented below:
40
10K
fr_axa-AR_2011
10,166
AXA SA has issued two subordinated bonds: ■ 2.5% bonds, maturity January 1, 2014: 9,185,581 bonds with a par value of €165 and a redemption value of €230.88 were in circulation at December 31, 2011. The redemption premium amounts to €606 million; ■ 3.75% bonds, maturity January 1, 2017: 6,613,129 bonds with a par value...
77
annual_report
3242
699
CMS has transitioned to the risk adjustment model while the old demographic model was phased out. The demographic model based the monthly premiums paid to health plans on factors such as age, sex and disability status. The monthly premium amount for each member is separately determined under both the risk adjustment an...
144
10K
4017
1,470
(1)Represents publicly-traded residential mortgage-backed securities which carry the full faith and credit guaranty of the U.S. government.
17
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_1999
1,158
At the beginning of May Munich Re and Allianz AG announced a restructuring of their shareholdings scheduled to be completed by the end of the year 2003. The measures planned, which will result in a substantial inflow of liquid funds for Munich Re, are explained in the management report (Section 05). No other events hav...
80
annual_report
NatixisSA-AR_2011
2,821
On the whole, signifi cant disruptions to the overall economic situation could negatively impact Natixis’ results and fi nancial condition.
20
annual_report
3260
557
The majority of our business is placed directly through agents. Since the vast majority of the Company’s gross written premium is primary or direct as opposed to assumed (98.4% direct in 2006, 98.5% in 2005 and 99.9% in 2004) the delays in reporting assumed premium generally do not have a significant effect on the Comp...
136
10K
INGGroepNV-AR_2009
3,564
In 2008 and 2009, shareholders’ equity and our net result were significantly impacted by the turmoil and the extreme volatility in the worldwide financial markets. Further negative developments in financial markets and/or economies may have a material adverse impact on shareholders’ equity and net result in future peri...
124
annual_report
5321
4,320
See Note 23 for the information regarding the Junior Subordinated Debt Securities exchange transaction in February 2017.
17
10K
fr_axa-AR_2012
3,233
Deputy Chief Executive Offi cer) each year may not exceed 10%
11
annual_report
5801
867
The Company’s reserves for unpaid losses and loss adjustment expenses represent the estimated ultimate cost of settling all reported claims plus all claims we incurred related to insured events that have occurred as of the reporting date, but that policyholders have not yet reported to the Company (incurred but not rep...
53
10K
5473
757
(5) The Company’s adjustment for nonperformance risk resulted in a $(498) million cumulative increase (decrease) to the embedded derivatives as of December 31, 2016.
24
10K
4964
697
We have been subject to extensive regulation in the private passenger automobile insurance industry in Massachusetts, which represented 61.7% of our direct written premiums in 2014. In many respects, the private passenger automobile insurance market in Massachusetts prior to 2008 was unique, in comparison to other stat...
97
10K
4634
1,002
The regression model is subject to ongoing refinements resulting from industry research and performance that may better inform model assumptions, enhance model capabilities and other factors. For example, enhancements were made to the model in 2012 to better reflect the potential impact of borrowers’ payment histories ...
54
10K
HiscoxLtd-AR_2010
418
throughout the year. It comprises a selection of long only equity funds and equity based hedge funds. The latter account for roughly 30% of this portfolio and are expected to deliver less exciting but more stable returns. When combined with the long only funds, the risk assets produced a satisfactory result in total.
53
annual_report
1118
414
As part of its firm-wide Year 2000 Project, the Company has established a Year 2000 Task Force consisting of senior management of the Company, led by the Chief Information Officer and General Counsel of Enhance Financial. It has also retained an independent information technology consulting firm and outside legal couns...
85
10K
PosteItalianeSpA-AR_2020
6,861
Amounts payable for operational risks - 19 19 - 34 34
11
annual_report
5802
1,185
Interest income of $446 million in 2019 increased by $1 million, compared with 2018. The average fixed-maturity pretax yield declined by approximately 15 basis points but was offset by a larger average fixed-maturity portfolio that rose 4% on an amortized cost basis. Interest income in 2018 matched 2017 when that yield...
67
10K
SwissLifeHoldingAG-AR_2005
1,065
– The fair value of investment contracts with discretionary participation features cannot reliably be determined. It is impracticable to determine the fair value of such instruments due to the lack of a reliable basis to measure such supplemental discretionary returns. IFRS 4 Insurance Contracts is silent on the measur...
55
annual_report
HannoverRueckSE-AR_2019
79
We all contribute to common success I know the strategy and goals of Hannover Re and how I help in achieving them. I network and share knowledge without boundaries. I place joint success above personal success.
36
annual_report
fr_axa-AR_2005
398
Aside from regulated agreements, no arrangement or understanding have been entered into with major shareholders, customers, suppliers or others pursuant to which a member of the Management Board or Supervisory Board was selected.
33
annual_report
4524
968
As of December 31, 2012, the Company had $23.9 million of cash and cash equivalents compared with $18.2 million as of December 31, 2011.
24
10K
INGGroepNV-AR_2006
603
ING Real Estate Finance The objective of the Finance division is to grow steadily and further diversify, both product-wise and geographically.
21
annual_report
INGGroepNV-AR_2013
3,260
Financial assets at fair value through profit and loss and Investments Derivatives Derivatives contracts can either be exchange-traded or over the counter (OTC). The fair value of exchange-traded derivatives is determined using quoted market prices in an active market and those derivatives are classified in Level 1 of ...
248
annual_report
gb_lloyds_banking_grp-AR_2012
167
Key brands include: 2012 highlights q in 2012 we combined our uK life Pensions and investments and General insurance businesses and restructured our operation to enable greater customer and market focus which contributed to an 8 per cent decrease in costs and leaves us well placed to realise benefits from risk diversif...
52
annual_report
4634
2,041
Various third parties have filed motions or objections in the Rehabilitation Court and/or moved to intervene in the Rehabilitation Proceeding. On January 24, 2011, the Rehabilitation Court issued its Decision and Final Order Confirming the Rehabilitator’s Plan of Rehabilitation, with Findings of Fact and Conclusions of...
68
10K
Sampoplc-AR_2002
468
Performance remained quite good Banking and investment services recorded quite good results for the year under review. The operating profit was EUR 252 million (296). The return on risk allocated capital (RORAC) was 19.2 per cent (19.4), only just short of the 20 per cent target. The return on net asset value (RONAV) w...
90
annual_report
fr_axa-AR_2004
2,084
The total employee share-based compensation cost recorded in earnings for the year ended December 31, 2004 is € 86.6 million. In accordance with IFRS 2, the cost above includes equity-settled share-based payment instruments for their portion that were granted after November 7, 2002 and had not yet vested at 31/12/2003....
81
annual_report
3070
647
In the normal course of business, the Company invests in various financial assets, incurs various financial liabilities and enters into agreements involving derivative financial instruments and other off-balance-sheet financial instruments. The fair value estimates of financial instruments presented below are not neces...
159
10K
4230
4,234
Certain of the Company’s derivative agreements with some of its counterparties contain credit-risk related triggers. If the Company’s credit rating were to fall below a certain level, the counterparties to the derivative instruments could request termination at the then fair value of the derivative or demand immediate ...
173
10K
NatixisSA-AR_2009
6,898
Special savings accounts 115 77 87 o/w other amounts due 5 54 5
13
annual_report
SwissReAG-AR_2002
309
The ageing population is increasing demand for pension protection; however, increased uncertainty regarding the structure and value of pension products has acted as a brake on growth in this area. Increased demand is anticipated in Germany, Italy and Spain, where pension reforms are being implemented or are under discu...
82
annual_report
4832
1,877
We have the option to increase the size of the facilities under the Syndicated Credit Agreements by an additional $500 million across both such facilities.
25
10K
1994
307
Realized loss on investments (1,038) -- -- ------------ ----------- ----------- Total revenues 10,909,639 10,602,993 10,634,476 ------------ ----------- ----------- Benefits, claims and expenses:
22
10K