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SwissReAG-AR_1998
190
Investment result 4. Allocated investment return 5. Interest charges 6. Other income 7. Other charges, including other valuation adjustments
19
annual_report
4600
1,810
The preparation of financial statements in conformity with GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the historical consolidated financial statements and the reported amounts of revenues and expenses during the rep...
48
10K
GjensidigeForsikringASA-AR_2017
495
Every year, Gjensidige conducts an emerging risk analysis in order to identify risk relating to phenomena and trends that may represent new risk or changed risk. Such trends can represent both threats against our business and opportunities to create new business. The analysis is intended to describe risks that can be s...
89
annual_report
2952
1,107
Our profitability depends in large part on accurately predicting and effectively managing health benefits expense. We continually review our premium and benefit structure to reflect its underlying claims experience and revised actuarial data; however, several factors could adversely affect the health benefits expense. ...
46
10K
NatixisSA-AR_2004
920
Investments in affiliates 14 21 15 24 – NET FEE AND COMMISSION INCOME
13
annual_report
PowszechnyZakladUbezpieczenSA-AR_2015
3,097
PZU Group, which shall aim to reflect the changes in PZU expectations or changes in events, conditions, or circumstances on which a given assumption has been made, unless provisions of the law provided otherwise. PZU stipulates that the forwardlooking statements do not constitute a guarantee as to the future results, a...
168
annual_report
1976
924
(h)Reflects reductions in common shareholders' equity resulting from significant repurchases of Common Shares from 1998 to 1999 and an increase in common shareholders' equity in 2001 resulting from capital raising activities undertaken in connection with the Acquisition. See Note 2. Also reflects an increase in shareho...
72
10K
CNPAssurancesSA-AR_2012
265
“the group is frequently invited to participate in the government’s consideration of new risks.”
14
annual_report
SwissLifeHoldingAG-AR_2007
809
Net purchases/sales of financial assets available for sale –12 868 –14 277
12
annual_report
BaloiseHoldingLtd-AR_2004
1,098
5. Acquisitions and disposals of subsidiaries and other business units 5.1 Acquisitions and disposals of subsidiaries and other business units in 2003
22
annual_report
308
475
- In August 1996, the Company announced that its Board of Directors approved a plan to acquire in open market transactions from time to time, up to 100,000 shares of the Company's common stock. The Company purchased and retired 15,000 shares of its common stock during the third quarter of 1996. In addition, the Company...
76
10K
4646
1,272
(1)Excludes net unrealized gains (losses) on fixed maturities, available-for-sale included in fair value hedging relationships.
15
10K
5179
703
Duration relates primarily to our life insurance segment because the long-term nature of these reserve liabilities increases the importance of projecting estimated cash flows over an extended time frame. At December 31, 2015, our life insurance segment had $744.9 million in deferred annuity liabilities for which invest...
54
10K
5208
1,732
Our operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. Our Corporate Financing segment is not a business segment; it is added to our business segments to reconcile to our consolidated results. The Corporate Financing segment includes interest expense on our outsta...
102
10K
1370
121
STATUTORY STATEMENTS OF ADMITTED ASSETS, LIABILITIES AND CAPITAL STOCK AND SURPLUS DECEMBER 31, 1999 AND 1998
16
10K
de_allianz-AR_2017
505
2. Since the last Declaration of Conformity as of December 15, 2016, Allianz SE has complied with all recommendations of the German Corporate Governance Code in the version of May 5, 2015
32
annual_report
172
405
A summary of option activity in terms of shares is as follows:
12
10K
gb_prudential-AR_2011
1,364
John Foley and Mike Wells were appointed as executive directors on 1 January 2011. John became the Group Chief Risk Officer and Mike took over as President and Chief Executive Officer of Jackson National Life Insurance Company.
37
annual_report
AdmiralGroupPLC-AR_2016
1,406
Risk description We have identified a risk in revenue recognition in respect of the profit commission class of income. This revenue line contributed £54.3m to group profit before tax in the year (2015: £85.4m) and is recorded on the basis of management’s year end calculations, which are subject to the same underlying e...
88
annual_report
4983
611
In addition to the loss recognized in 2013 in the Asia Pacific segment, the decrease in net income in 2013 reflects a decrease in investment related gains partially offset by the recognition in other revenues of the aforementioned gains on the repurchase of collateral finance securities. The decrease in investment rela...
96
10K
NatixisSA-AR_2019
6,843
Variations linked to changes in credit risk parameters (excluding transfers) 26 (0) 19 (1) 39 (24) 83 (25)
18
annual_report
nl_ing_grp-AR_2014
86
As a financial intermediary we take on financial risks that would otherwise be retained by individuals and within companies. At the same time we apply our expertise and resources to minimise the aggregate risk for ING.
36
annual_report
3953
1,647
Cash received from stock options exercised under these share-based payment arrangements during 2009, 2008 and 2007 was $0.2 million, $7.8 million and $41.9 million, respectively. The actual tax benefits realized for the tax deductions for option exercise of the share-based payment arrangements during 2009, 2008 and 200...
55
10K
2411
345
The provision for income taxes was $468,183 in 2004, $604,985 in 2003 and $376,000 in 2002. For the periods ended December 31, 2004, 2003 and 2002, the Company had $355,183, $519,949 and $174,000 of current federal tax expense and $113,000, $85,036 and $202,000 of deferred tax expense; respectively. The decrease in 200...
90
10K
NatwestGroupPLC-AR_2010
3,121
Share awards made as part of Share Bank will be delivered under the rules of the Deferral Plan approved by shareholders in 2009.
23
annual_report
5251
1,169
Investment results for the Life Funds Withheld Assets - including interest income, unrealized gains and losses, and gains and losses from sales - are passed directly to the reinsurer pursuant to a contractual arrangement which is accounted for as a derivative. Changes in the fair value of the embedded derivative associ...
82
10K
3517
1,025
CastlePoint Re commenced writing business as of April 6, 2006. Therefore, the results for the year ended December 31, 2006 are comprised of operations for the period April 6, 2006 through December 31, 2006. CastlePoint Insurance Company did not conduct any business in 2006.
44
10K
5147
1,473
The accompanying consolidated financial statements include the accounts of The Allstate Corporation (the “Corporation”) and its wholly owned subsidiaries, primarily Allstate Insurance Company (“AIC”), a property-liability insurance company with various property-liability and life and investment subsidiaries, including ...
80
10K
4880
1,208
Our U.S. insurance subsidiaries are required to report their results of operations and financial position to state authorities on the basis of statutory accounting practices prescribed or permitted by such authorities and the National Association of Insurance Commissioners (“NAIC”), which is a comprehensive basis of ac...
236
10K
gb_prudential-AR_2012
2,994
g Eff ect of changes in assumptions used to measure insurance assets and liabilities Credit risk
16
annual_report
PosteItalianeSpA-AR_2019
8,976
In its audit reports on the financial statements, the Independent Auditor has: ü issued an opinion stating that Poste Italiane’ separate and consolidated financial statements provide a true and fair view of the financial position of the Company and the
40
annual_report
TrygAS-AR_2008
289
Our existing solutions comprise sales in Sweden and Finland, sales of travel insurance, and an option for commercial customers to report changes to the persons covered by workers ’ compensation insurance and changes to their car fleet.
37
annual_report
HelvetiaHoldingAG-AR_2019
2,134
Investments with market risk for the policyholder 1 296.0 2 578.0 370.0 22.1 4 266.1
15
annual_report
2104
1,135
Cash flow provided by operating activities was $1,401.0 million for the year ended December 31, 2002, compared with $806.2 million for the year ended December 31, 2001. Cash flow from operations for the year ended December 31, 2002 was due primarily to net income before extraordinary items of $697.9 million, an increas...
87
10K
4034
887
With respect to our U.K., Bermuda and Australian insurance and reinsurance subsidiaries, we are able to pursue strategies to achieve complete finality and conclude the run-off of a company by promoting solvent schemes of arrangement. During 2009, we completed a solvent scheme of arrangement of one of our insurance subs...
253
10K
RSAInsuranceGroupPLC-AR_2012
2,356
Thus if interest rates fall, the fair value of the portfolio would tend to rise and vice versa as set out in the sensitivity analysis on page 99.
28
annual_report
HannoverRueckSE-AR_2006
1,698
Unused tax loss carry-forwards of EUR 522.4 million (EUR 435.7 million) existed as at the balance sheet date. Corresponding loss carry-forwards were established on the assets side in accordance with local tax rates to the extent that their realisation is adequately secure.
42
annual_report
3396
444
For hedging instruments used in cash flow hedges, the changes in fair value of the derivatives are reported in accumulated other comprehensive income. Amounts are reclassified to net investment income or realized capital gains and losses as the hedged or forecasted transaction affects net income. Accrued periodic settl...
234
10K
3009
734
Other Income. In 2004, we recognized other income of approximately $3.7 million in connection with the one-time termination of our soft capital facility.
23
10K
2884
2,201
Limited partnership investments are carried using the equity method of accounting. Certain of the limited partnerships in which Aon invests have holdings in publicly-traded equity securities. Changes in market value of these indirectly-held equity securities flow through the limited partnerships' financial statements. ...
60
10K
3893
830
During the years ended December 31, 2007 and 2006, there was no significant deterioration in the credit quality of any of the Company's holdings and no other-than-temporary impairment charges were recorded related to the Company's portfolio of investment securities
39
10K
5595
797
Net Investment Income increased by $28.9 million in 2017 due primarily to higher investment returns from Alternative Investments and higher levels of investments in fixed income securities, partially offset by lower yields on fixed income securities. Net Investment Income from Alternative Investments, which consist of ...
121
10K
de_allianz-AR_2003
1,786
In 2004, the Allianz Group is going forward with the implementation of its “Three Plus One” strategy. We will continue to build up our operating strengths and grow profitably. We expect total premium income to increase by about 4 percent. Our disciplined underwriting policy and our strict cost management should enable ...
162
annual_report
AegonNV-AR_2004
1,220
(independent) agents, marketing organizations, financial institutions, worksite marketing, franchise organizations and brokers in the United States, the Netherlands, the United
20
annual_report
2755
6,497
As of December 31, 2005, 276,000 shares of Selective's common stock were available for issuance pursuant to outstanding stock option awards under the Stock Option Plan for Directors, under which future grants ceased being available with the approval of the Stock Plan. All non-employee directors participated in this pla...
122
10K
BaloiseHoldingLtd-AR_2007
3,296
The calculation of expected return on plan assets of liabilties not or partially fi nanced by a fund takes the asset allocation and long-term historical market returns into consideration. Details concerning the plan assets are considered in separately. We apply an assumed long-term return of 7 to 8% on shares. The proj...
72
annual_report
SwissReAG-AR_1986
520
United States S\A/issRe Corporation 237 Park Avenue, New York, NY10017 SwissRe Advisers, Inc. 200 Park Avenue, New York, NY10166 Atrium Corporation 200 Park Avenue, New York, NY10166 with branch offices in Memphis and Westport Surety Support Services, Inc. Woodland Corporate Tower, Suite 130 1333 Butterfieid Road Downe...
57
annual_report
fr_axa-AR_2012
8,780
Number of training days of salaried workforce 276,179.1 days -2.4% 282,570.8 days
12
annual_report
5751
621
Our effective tax rate during 2019 was 22.0% compared to the effective tax rate of 18.9% in 2018. This change primarily reflects the impact of the suspension of the non-deductible health insurance industry fee in 2019 as well as the deferred tax benefit recognized in 2018 from the loss on sale of KMG. The effective inc...
122
10K
5830
2,189
Workers’ compensation- Included in both small commercial and in middle & large commercial, workers’ compensation is the Company’s single biggest line of business and the property and casualty line of business with the longest pattern of loss emergence. To the extent that patterns in the frequency of settlement payments...
170
10K
4893
1,552
The following tables present selected historical financial information of James River Group Holdings, Ltd. derived from our consolidated balance sheets as of December 31, 2014, 2013 and 2012, and the related consolidated statements of income and comprehensive income, changes in shareholders’ equity and cash flows for e...
148
10K
CNPAssurancesSA-AR_2000
2,003
KPMG Audit, department of KPMG SA - 1, cours Valmy, 92923 Paris-La Défense Cedex, represented by Christian Henry and Régis Tribout.
21
annual_report
AvivaPLC-AR_2000
868
Operating (loss)/profit before exceptional items – ongoing business (865) (631) 480 483 Businesses discontinued and to be discontinued
18
annual_report
LloydsBankingGroupPLC-AR_2016
2,328
IT resilience and cyber: Increasing digitisation places greater reliance on the provision of resilient and secure services to customers. Potential increases in the volume of cyber-attacks could disrupt service for customers, causing financial loss/reputational damage.
35
annual_report
5101
771
Industry data. Published mortgage interest rates and other selected residential housing data for the years ended December 31, 2015, 2014 and 2013 follow (amounts shown for 2015 are preliminary and subject to revision). The amounts below may not relate directly to or provide accurate data for forecasting our operating r...
53
10K
AegonNV-AR_2012
4,597
Net (gains) / losses transferred to income statement (465) - (62) (527)
12
annual_report
5612
623
We evaluate selling, general and administrative expenses at the Parent company level as well as at our PVMS subsidiary. Selling, general, and administrative expenses at the Parent company level include overhead and the cost of being a public entity. Selling, general, and administrative expenses at PVMS are solely relat...
62
10K
ch_zurich_insurance_group-AR_2011
504
Deferral of the long-term incentives is achieved by: • pro rata vesting of the long-term incentive grants in one third installments over the three years following the year of grant, and
31
annual_report
4718
1,307
The CEA is a quasi-governmental organization that was established to provide a market for earthquake coverage to California homeowners. The Company places all new and renewal earthquake coverage offered with its homeowners policies directly with the CEA. The Company receives a small fee for placing business with the CE...
148
10K
5582
958
securities with an amortized cost of $20.1 billion as of December 31, 2018, were held in trust to satisfy collateral requirements under certain third-party reinsurance treaties. Under certain conditions, the Company may be obligated to move reinsurance from one subsidiary of RGA to another subsidiary or make payments u...
129
10K
TrygAS-AR_2011
1,226
Based on an assessment of materiality and risks, our work included analytical pro-cedures and interviews as well as a review on a sample basis of evidence supporting the subject matter.
30
annual_report
NatixisSA-AR_2015
4,112
(b) Other equity instruments issued: refers to the undated deeply subordinated notes and preference shares that were reclassifi ed as equity instruments.
22
annual_report
AvivaPLC-AR_2004
836
Total remuneration The effect of the proposed refinements outlined above would be that at target performance executive directors’ total potential remuneration would be positioned at broadly median compared with the Companys’ comparators with cognisance being given to size and complexity of the Company.
43
annual_report
4891
544
During 2014, we made changes to the non-GAAP financial measures that we use to provide additional meaningful methods of evaluating the Company’s operating performance replacing our adjusted measures with new underlying measures and introduced new organic non-GAAP financial measures.
39
10K
SwissReAG-AR_2019
5,960
This one-policy protection solution relieves some of the financial and emotional burden for the “sandwich” generation. By integrating coverage and simplifying the process for individuals who want to have their children and parents insured, it strengthens the financial resilience and support systems for multi-generation...
47
annual_report
2945
1,000
2005 received one additional share of WellPoint common stock for each share of common stock held on that date. The additional shares of common stock were distributed to shareholders of record in the form of a stock dividend on May 31, 2005. All historical weighted average share and per share amounts and all references ...
81
10K
2819
1,997
We executed a Rule 10b5-1 trading plan to purchase up to an additional $100.0 of our outstanding common stock. This plan allowed us to repurchase our shares during periods when we would normally not be active in the market because of our own internal trading windows. Under this program, we repurchased a total of 1,756,...
70
10K
NatwestGroupPLC-AR_2007
2,690
Shares issued under employee share schemes 79 108 — — 7 —
12
annual_report
5482
585
Series I Secured Notes were legal obligations of GWG Life and were privately offered and sold from August 2009 through June 2011. On September 8, 2017, we redeemed all outstanding Series I Secured Notes for an aggregate of $6,815,000.
39
10K
AdmiralGroupPLC-AR_2015
1,081
Admiral purchases excess of loss reinsurance, designed to mitigate the impact of very large individual or catastrophe event claims. Proportional quota share reinsurance and co-insurance also mitigate the impact of this risk.
32
annual_report
fr_axa-AR_2018
6,695
The AXA Group had implemented a security standard with which entities must certify compliance covering physical security and health and safety. These standards set out processes to identify local health and safety requirements, to report health and safety issues as well as consult and train AXA employees.
47
annual_report
610
284
The operations of Health Power HMO is highly dependent upon the efforts of certain key personnel, particularly Dr. Bernard F. Master, who serves as both its chief executive officer and chief operating officer. The operations of CompManagement and CompManagement Health Systems are highly dependent upon the efforts of ce...
99
10K
LloydsBankingGroupPLC-AR_2019
1,787
Details of the deep dive sessions that were held in 2019 are set out in the key focus areas section on pages 72 and 73. In addition, detailed updates were received from, and joint discussions held with, Scottish Widows Group Limited and Lloyds Bank Corporate Markets plc.
47
annual_report
ScorSE-AR_2008
2,164
As from the acquisition date of 30 June 2007, ReMark Group BV was fully consolidated by SCOR.
17
annual_report
StandardLifeAberdeenPLC-AR_2015
1,780
Total items that may be reclassified subsequently to profit or loss (11) 18
13
annual_report
3578
1,281
Changes in market interest rate levels generally affect our net income to the extent that reinvestment yields are different than the yields on maturing securities. Changes in market interest rates also affect the fair value of our fixed maturity securities. On a pre-tax basis, net unrealized gains on our available-for-...
57
10K
ASRNederlandNV-AR_2016
2,355
Financial Statements 2016 | 5.4 Group structure and segment information 153
11
annual_report
AdmiralGroupPLC-AR_2019
1,792
Agendas and papers are circulated to the Board electronically in a timely and secure manner in preparation for Board and Committee meetings. The Board agenda is structured by the Chair in consultation with the Company Secretary and Chief Executive Officer. Routine Board papers are supplemented by information specifical...
119
annual_report
NatixisSA-AR_2012
3,210
V The conventions applied in determining the ear nings generated by the various business lines are as follows: R the business lines record the return on regulatory capital allocated to them; R the return on share capital of the entities comprising the divisions is eliminated; R the carrying cost of goodwill is borne en...
100
annual_report
ASRNederlandNV-AR_2012
943
3.3.1 Risk management organization In 2012, a.s.r. further improved the risk management function into a strong independent function. Integrity is responsible for compliance risks and investigation. The Risk Management department at group level is responsible for ERM. Risk management duties have been embedded in the bus...
107
annual_report
4422
1,112
We anticipate that 2012 will be characterized by ample capacity for insurance risk and that, despite the recent international catastrophes, risk adjusted pricing will be flat or marginally up in all lines of business that have not recently experienced significant losses. There have been significant insured losses from ...
266
10K
ScorSE-AR_2012
4,702
To the Company’s knowledge, there is no significant pledge on the SCOR SE’s shares.
14
annual_report
SwissReAG-AR_1994
583
Swiss Re received most of the proceeds from the sale of the primary insurance companies only in 1995. This amount is therefore contained under debtors, not under investments.
28
annual_report
765
340
Capital expenditures during fiscal 1997 were approximately $409,000. As of December 31, 1997, the Company had no outstanding commitments for significant capital expenditures.
23
10K
4247
477
Management believes that the Company’s properties are suitable and adequate for our current and anticipated business operations. MetLife arranges for property and casualty coverage on our properties, taking into consideration our risk exposures and the cost and availability of commercial coverages, including deductible...
77
10K
3202
1,040
changes in, or termination of, our ongoing reinsurance agreements with XL Capital or FSA;
14
10K
4294
400
Results of Operations - For the year ended December 31, 2010 compared to the year ended December 31, 2009
19
10K
4884
1,230
In January 2014, the FASB issued new guidance regarding investments (ASU 2014-01, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects), effective retrospectively for fiscal years beginning after December 15, 2014 and interim reporting periods w...
145
10K
RaiffeisenBankInternationalAG-AR_2013
2,348
Extraction of crude petroleum and natural gas 1,218,276 0.7% 1,414,478 0.8%
11
annual_report
5445
1,002
The amortized cost and fair value of held-to-maturity, available-for-sale and trading fixed maturity securities at December 31, 2017, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations wit...
74
10K
5103
765
Our MGA Commercial Products operating unit is presently located at 7550 IH-10 West, San Antonio, Texas. These leased premises consist of a 16,599 square foot office suite and 800 square feet of storage space. The rent is currently $33,348 per month pursuant to a lease that expires November 30, 2020.
50
10K
AegonNV-AR_2000
1,248
The tax burden in the Netherlands reflects the benefit of special tax rules for which the Company and its subsidiaries qualify, including an equalization reserve and tax exempt investment in subsidized housing and certain participations.
35
annual_report
gb_prudential-AR_2012
1,092
Supporting local communities As a long-term business, we are committed to supporting the long-term well-being of the communities in which we operate.
22
annual_report
de_allianz-AR_2015
1,422
The conglomerate solvency ratio increased by 19.6 percentage points.1 exteRnal Rating agency capital adequacy Rating agencies apply their own methodology to evaluate the relationship between the required risk capital of a company and its available capital resources. An assessment of capital adequacy is usually an integ...
65
annual_report
PosteItalianeSpA-AR_2016
5,480
The entire process of managing trade receivables is conducted in accordance with the Company’s “Trade Receivable Policy”, approved on 30 July 2012. The policy provides guidelines for managing trade receivables throughout customer relationships, from measurement, when entering into new contracts and in contract renewals...
101
annual_report
StandardLifeAberdeenPLC-AR_2006
706
3.2 The Demutualisation of The Standard Life Assurance Company and the Company’s Initial Public Offering
15
annual_report
fr_axa-AR_2004
1,395
Deeply subordinated notes are classified under shareholders' equity ("other reserves") when, like ordinary shares, they do not involve the contractual obligation to deliver cash or another financial asset. This difference with respect to French GAAP amounted to €625 million at December 31, 2004, following an issue of s...
72
annual_report
2450
780
There were no significant catastrophe losses occurring during 2002. In addition, as a result of net increases in estimates of losses occurring in prior years, net losses and loss adjustment expenses were increased by $339.1 million in 2002. Of this amount, in the fourth quarter of 2002, TRH recorded an increase to net ...
243
10K
5258
1,272
ABS, including CDO and Consumer and other ABS, totaled $1.17 billion as of December 31, 2016, with 95.1% rated investment grade and an unrealized net capital gain of $2 million. Credit risk is managed by monitoring the performance of the underlying collateral. Many of the securities in the ABS portfolio have credit enh...
65
10K
NatixisSA-AR_2014
7,265
COFACE SERVICES NORTH AMERICA GROUP Holding company FC 41 41 100 100 United States
14
annual_report