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StorebrandASA-AR_2005
763
*) Profit after tax/(Opening equity – provision for dividend – 50% of own shares purchased during the year)
18
annual_report
4396
643
Operating revenue decreased $49.2, or 0.3%, to $16,092.6 in 2010, primarily due to our loss of certain 2010 Medicare Part D Low Income Subsidy membership and, to a lesser degree, lower membership in our Individual and Medicare Supplement businesses and a change during 2010 in the provider of pharmacy benefits for the I...
76
10K
4402
944
The following tables present the categorization for our financial instruments measured at fair value on a recurring basis in our Consolidated Balance Sheets at December 31, 2011 and 2010:
29
10K
5450
729
Comparatively, overall results for the casualty segment in 2016 included favorable development of $32.4 million, with the bulk of the development attributable to general liability, executive products, small commercial and umbrella across accident years 2009 through 2015. For 2015, results included favorable development...
81
10K
4914
407
Self-Insured Claim Revenue - Self-insured claim revenue increased approximately $1,227,000, or 5.3%, to $24,358,000 in 2013 from $23,131,000 in 2012. Self-insured claim revenue increased by approximately $1,103,000 due to new self-insured sales. Also, self-insured claim revenue increased by approximately $124,000 prima...
66
10K
4370
4,297
Effective April 1, 2012, the AIG Retirement and AIG Excess Plans will be converted from final average pay to cash balance formulas comprised of pay credits based on 6 percent of a plan participant's annual compensation (subject to IRS limitations for the qualified plan) and annual interest credits. However, employees s...
68
10K
PowszechnyZakladUbezpieczenSA-AR_2018
1,403
Cl ai m s, b en ef its a nd c ha ng e in te ch ni ca l p ro vi sio ns
25
annual_report
4434
838
We manage the amount of our capital to be consistent with statutory and rating agency requirements. As of December 31, 2011, we estimate that we have sufficient capital in Farm Bureau Life to meet our rating objectives. However, this capital may not be sufficient if significant future losses are incurred and access to ...
57
10K
5831
2,096
Thirteenth Supplemental Indenture, dated as of May 20, 2019, between Markel Corporation and The Bank of New York Mellon (as successor to The Chase Manhattan Bank), as Trustee, including form of the securities as Exhibit A (incorporated by reference from Exhibit 4.2 in the Registrant’s report on Form 8-K filed with the ...
56
10K
HelvetiaHoldingAG-AR_2013
808
Business volume in the life business increased 12.3 % year-on-year to CHF 3,574.4 million (previous year: CHF 3,182.9 million). The lion’s share of this is attributable to group life business, which reported an increase of 16.3 %. Of particular note is the satisfying 5.1 % increase in regular premium volume. In additio...
199
annual_report
AegonNV-AR_2004
2,339
Although the bonds have no stated maturity, AEGON has the right to call the bonds for redemption at par for the first time on the coupon date in the years as specified above. AEGON has the right to call the bonds for redemption at par on every tenth year thereafter on the coupon date, with the exception of the EUR 700 ...
81
annual_report
3251
692
our other specialty classes. For security classes, our IBNR reserve estimates are determined using our actual historical loss and loss adjustment expense experience and reporting patterns from our loss and loss adjustment expense database which covers the last 22 years. For other specialty classes, for which we have se...
129
10K
RSAInsuranceGroupPLC-AR_2018
959
In 2018 enhancements were made to the internal model to better refl ect the dependencies between certain risks, together with improvements in overall model governance and model validation. A Group level major model change application is anticipated in 2019 refl ecting these changes and the Group SCR already includes al...
65
annual_report
HannoverRueckSE-AR_2018
2,174
E+S Rückversicherung AG 1, Hannover / Germany 64.79 EUR 940,847 170,000
11
annual_report
1141
340
The mortgage loan portfolio is well diversified geographically and among property types. The incidence of new problem mortgage loans and foreclosure activity remained low in 1999 and 1998, reflecting improvements in overall economic activity and improving real estate markets in the geographic areas where the Company ha...
64
10K
630
365
Consolidated Statements of Changes in Stockholders' Equity Years ended December 31, 1997, 1996 and 1995
15
10K
CNPAssurancesSA-AR_2009
2,357
■ Long-term benefits: the cumulative amounts provided for or recognised in respect of pension or other retirement benefits for the Chairman, the Chief Executive Officer and the four Deputy Chief Executive Officers total €6,047,552.
34
annual_report
GjensidigeForsikringASA-AR_2019
667
In Denmark, we have conducted approximately 2,500 inspections per year over the past four years, and in 2020, we plan to conduct approximately 2,600 inspections, broken down as follows: 1,000 in commercial, 220 in the public sector, 600 in agriculture and 800 in part-time farming. In addition, approximately 2,000 deskt...
121
annual_report
NatwestGroupPLC-AR_2013
3,636
UK UK International Ulster US Total Central Total Retail Corporate Wealth Banking Bank R&C (1) R&C (1) Markets Items Core Non-Core RFS MI Group £m £m £m £m £m £m £m £m £m £m £m £m £m
37
annual_report
fr_axa-AR_2005
2,056
– €28 million increase in fees earned due to higher average account balances due to improved stock market levels and net inflows.
22
annual_report
RSAInsuranceGroupPLC-AR_2015
822
The Chairman has also reviewed the performance of each of the directors during the year and concluded that each director contributes effectively to the Board and that each Non-Executive Director devotes sufficient time to their role. The Group Nomination and Governance Committee considered the evaluation and concluded ...
62
annual_report
4959
2,992
River Lake IX and River Lake X were granted a permitted accounting practice from the state of Vermont to carry its excess of loss reinsurance agreement with Brookfield Life and Annuity Insurance Company, and Hannover Life Reassurance Company Of America, respectively, as an admitted asset.
45
10K
de_allianz-AR_2012
209
Therefore one of our priorities in 2012 was the preparation for potential stress scenarios. Among other things, we carefully assessed the risks of a worsening Euro crisis and took appropriate measures – for example by substantially derisking our investments.
39
annual_report
3266
1,003
The accompanying consolidated financial statements include the accounts of RGA and its subsidiaries, both direct and indirect, subject to an ownership position greater than fifty percent, and any variable interest entities where the Company is the primary beneficiary. Entities in which the Company has an ownership posi...
105
10K
de_allianz-AR_2015
1,747
Change in other loans and advances to banks and customers (originated loans) (4,142) (2,403) Other (net) (708) (665) Net cash flow used in investing activities (20,394) (26,927)
27
annual_report
SwissReAG-AR_2008
977
The Board meetings of 19 and 21 September, as well as 13 December and the meeting of the Governance Committee of 2 October were extraordinary.
25
annual_report
3865
2,144
As of December 31, other long-term investments consisted of the following:
11
10K
AegonNV-AR_2015
3,215
A security is impaired if there is objective evidence that a loss event has occurred after the initial recognition of the asset that has a negative impact on the estimated future cash flows. A specific security is considered to be impaired when it is determined that not all amounts due (both principal and interest) wil...
60
annual_report
GjensidigeForsikringASA-AR_2017
4,224
John Giverholt Per-Arne Bjørge Gisele Marchand Board member Board member Board member
12
annual_report
2354
523
Realized Gains and Losses. As a group of life and health insurance carriers, Torchmark collects premium income from its policyholders for the eventual payment of policyholder benefits, sometimes paid many years or even decades in the future. In addition to the payment of these benefits, Torchmark also incurs acquisitio...
159
10K
3777
742
The number of individuals served by Medicare Advantage products as of December 31, 2007 decreased primarily due to a decline in participation in private-fee-for-service offerings, while individuals served by standardized Medicare supplement products increased due to new customer relationships. Medicaid enrollment incre...
60
10K
5518
2,456
The financial statements for the periods prior to the Separation are presented on a combined basis and reflect the historical combined results of operations and cash flows. The combined statements of operations reflect certain corporate expenses allocated to the Company by MetLife for certain corporate functions and fo...
105
10K
gb_prudential-AR_2000
493
Investments Land and buildings 21 10,303 8,763 Investments in participating interests 22 83 105 Other financial investments 23 108,125 105,778
20
annual_report
4891
821
The 2.8 percent organic growth in commissions and fees was driven by strong new business growth compared with the year ago period, partially offset by lost business and the non-recurrence of a positive $5 million adjustment in 2013 to align the recognition of revenue in the North America Personal Lines business with th...
70
10K
1910
728
The tax basis net operating loss carry forward at December 31, 2002 was $7,361,273, which begins expiring in 2019.
19
10K
4689
1,525
Mail order pharmacy revenues and cost of goods sold are recognized as each prescription is shipped.
16
10K
4013
796
The Company has elected the fair value option for certain investments that would have otherwise been accounted for under the equity method of accounting. The fair value option allows companies to irrevocably elect fair value as the initial and subsequent measurement attribute for certain financial assets and liabilitie...
170
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2001
959
Munich Re offers its clients and staff more than 200 courses and seminars per year.
15
annual_report
2732
1,074
A summary of property and equipment at December 31, 2005 and 2004 is as follows (dollars in thousands):
18
10K
HannoverRueckSE-AR_2001
87
terrorist attacks. While we had forecast earnings per share for the year under review of EUR 7.76 prior to 11 September, we were obliged to adjust this figure as at year-end to EUR 0.34. The current financial year, however, offers us an extraordinarily promising market environment. It is our assumption that we shall be...
99
annual_report
HiscoxLtd-AR_2001
206
The Audit Committee comprises four independent non-executive directors. It meets four times a year to assist the Board on matters of financial reporting, risk management, internal control and regulatory compliance. The internal and
33
annual_report
AdmiralGroupPLC-AR_2014
367
During 2015, the Group’s capital requirement will be assessed under the ICAS regime in the UK with Individual Capital Guidance (ICG) applied by the Prudential Regulatory Authority (PRA) as appropriate. The Group expects to hold a significant buffer above ICG throughout 2015.
42
annual_report
4997
924
The Credit Agreement contains representations, warranties and covenants customary for bank loan facilities of this nature. In this regard, the Credit Agreement requires us to, among other things, (x) maintain consolidated net worth of not less than the sum of (i) $4,223.9 million plus (ii) 50 percent of our cumulative ...
155
10K
BaloiseHoldingLtd-AR_2005
727
Latin America, Middle East and Africa business division and served as Head of Corporate Center and on the Executive
19
annual_report
ScorSE-AR_2014
3,836
RISK-FREE (INTEREST) RATE The rate of interest that remunerates assets with no counterparty risk. Usually, the weighted three months daily interest rates of treasury bills (T-bills) in the Euro area, the US, UK, Canada and Switzerland averaged over the period under consideration are used as proxies for the risk-free (i...
75
annual_report
3553
795
As the Company grows its book of business, the need for additional retrocessional coverage will also grow. We will continue to assess the need for retrocessional coverage and may purchase additional coverage in future periods.
35
10K
StorebrandASA-AR_2012
2,107
Total net currency positions 2011 13,058 1) SeK 4,5 billion are related to Spp/Benco. 2) equity and bond funds denominated in noK with foreign currency exposurein i.a. eur and uSD noK 11 billion.
33
annual_report
5003
905
servicing outstanding corporate debt instruments, investment agreements and the intercompany loans that support MTNs issued by GFL;
17
10K
Sampoplc-AR_2002
719
P&C insurance operating protif (for period 1 Jan.–31 March 2001) – 423
12
annual_report
5672
1,461
The 2019, 2018 and 2017 restricted stock units vest as follows: 399,900 units granted in first quarter 2019, 420,200 units granted in first quarter 2018 and 477,500 units granted in first quarter 2017 vest in full based on continued employment through March 14, 2024
44
10K
AvivaPLC-AR_2018
2,553
Total audit fees 15.7 17.6 Audit related assurance 4.7 4.7 Other assurance services 0.9 2.2
15
annual_report
ASRNederlandNV-AR_2013
2,002
5. No profit shall be distributed to the Company in respect of shares held by the Company in its own capital.
21
annual_report
HannoverRueckSE-AR_2009
1,560
Dr. erhard schipporeit member of the – supervisory Board – Finance and audit Committee
14
annual_report
gb_prudential-AR_2010
4,288
Hypothetical IAS 39 basis fair value 6 870 280 1,150 Adjustment to full fees 7 (200) (600) (800)
18
annual_report
RaiffeisenBankInternationalAG-AR_2013
1,116
In the reporting year, IAS 19 (Benefits to employees, revised 2011, IAS 19R) was applied retrospectively in the Group for the first time. The most significant amendment to IAS 19 relates to accounting for changes in defined benefit obligations and plan assets. The amendment requires the immediate recognition of changes...
175
annual_report
StandardLifeAberdeenPLC-AR_2020
525
We hold capital against our risks and review them on an ongoing basis. We stress-test our resilience to market, operational and business risk. As contingency, we maintain external liquidity as part of our liquidity management framework. We manage our cost base and identify opportunities for further cost reduction.
48
annual_report
2842
1,190
Income on investments is recorded on the accrual basis. Investments are placed in a non-accrual status when management believes that the borrower's financial condition, after giving consideration to economic and business conditions and collection efforts, is such that collection of principal and interest is doubtful. W...
108
10K
3986
1,638
Structured securities, such as collateralized mortgage obligations (“CMO”), commercial mortgage-backed securities (“CMBS”), residential mortgage-backed securities (“RMBS”), and asset-backed securities (“ABS”), are priced using a fair value model or independent broker quotations. CMBS securities are priced using the las...
153
10K
GjensidigeForsikringASA-AR_2013
53
The work stations of all new employees shall be examined as soon as possible by a physiotherapist or an ergonomist, if practically possible. The purpose of this is to adapt the work station with a view to avoiding repetitive strain injuries and to provide information about the prevention of health problems.
51
annual_report
5378
793
Gross premiums written increased $111.7 million, or 22.6%, to $605.5 million for the year ended December 31, 2016, as compared to $493.8 million for the same period in 2015. The increase predominantly reflects market share growth in Homeowners and Automobile. Homeowners gross premiums written increased $63.0 million, o...
159
10K
PhoenixGroupHoldingsPLC-AR_2017
976
B 30% Strategy and Planning Strategic and Operational planning; consideration of corporate transactions
13
annual_report
5527
1,439
The cumulative number of reported claims for commercial automobile liability was calculated using actual number of claims at the feature/coverage level. For the other lines, claim counts were calculated using actual claim counts at the feature/coverage level for all claims excluding those from assigned risk pools and s...
76
10K
gb_prudential-AR_2011
2,371
Asian operations Insurance operations notes (i),(ii) 709 536 Development expenses (5) (4)
12
annual_report
1657
3,907
plan, based upon the market value of Cobalt common stock. On December 12, 2001, all 647,390
16
10K
4519
727
Wind River Reinsurance is prohibited, without the approval of the BMA, from reducing by 15% or more its total statutory capital as set out in its previous year’s statutory financial statements, and any application for such approval must include such information as the BMA may require. Based upon the total statutory cap...
128
10K
2625
785
Premium growth was 9% in 2004 and 22% in 2003. Rate increases were substantial in 2003. Rates continued to increase in 2004. However, as expected, the level of rate increases declined in each succeeding quarter.
35
10K
4811
2,986
The aggregate maturities of long-term debt at December 31, 2013 for the next five years and thereafter are $258 million in 2014, $530 million in 2015, $5 million in 2016, $65 million in 2017, $37 million in 2018 and $1.9 billion thereafter.
42
10K
NatixisSA-AR_2008
1,398
foreign-exchange activity in 2008, offering fi nancial institutions and capital managers based in the United States a more complete range of products and services, combining consulting, analysis and the provision of an electronic brokerage platform. The North
37
annual_report
gb_prudential-AR_2017
679
Asia 645 US 475 UK and Europe 643 Other UK 25 2016 second interim dividend and 2017 first interim dividend
20
annual_report
3950
1,698
In September 2009, we completed a transaction under which two insurance companies in our Conseco Insurance Group unit coinsured, with an effective date of January 1, 2009, about 104,000 non-core life insurance policies with Wilton Reassurance Company (“Wilton Re”). In the transaction, Wilton Re paid a ceding commission...
53
10K
4481
918
Accounts receivable are made up of trade accounts receivable from our customers. Accounts receivable increased $118.3 million to $240.4 million at December 31, 2011 from $122.2 million at December 31, 2010, driven by increases in revenue of $3.0 billion during the year ended December 31, 2011, as a result of increased ...
119
10K
RSAInsuranceGroupPLC-AR_2015
2,470
RSA Annual Report and Accounts 2015128 Financial statements – Notes to the Income Statement and Other Comprehensive Income
18
annual_report
4337
1,649
Included in the balance of the liability for unrecognized tax benefits at December 31, 2011, are $31 million of tax positions for which the ultimate deductibility is highly certain, but for which there is uncertainty about the timing of such deductibility, compared with $24 million at December 31, 2010. Because of the ...
121
10K
4187
1,318
Benefits and claims. Benefits and claims decreased $335.9 million, or 38%, to $559.0 million for the year ended December 31, 2009 from $894.9 million for the year ended December 31, 2008. Of this decrease, $328.3 million was attributable to the change in our DAC and reserve estimation approach implemented in 2008. The ...
121
10K
INGGroepNV-AR_2020
924
CET1 ratio was 15.5 percent at the end of 2020, up from 14.6 percent at end-2019, which is well above our new CET1 ratio ambition of around 12.5 percent. The CET1 ratio at the end of the year improved primarily due lower risk-weighted assets (RWA). The decrease RWA was mainly due to lower volumes, foreign exchange move...
82
annual_report
2997
638
Interest and other expense was $41.0 million, $35.5 million and $41.6 million 2006, 2005 and 2004, respectively. The increase in interest and other expenses in 2006 as compared to 2005 was primarily due to an increase in other expense, attributable to higher charitable contributions. The decrease in interest and other ...
91
10K
AegonNV-AR_2004
3,087
Board may, subject to the approval of the Supervisory Board, decide to give shareholders the option to elect to receive a distribution as a cash payment or as a payment in common shares. In all cases distribution will be made out of the profit and/or at the expense of reserves.
50
annual_report
4913
1,044
Net realized investment gains fluctuate each period. During 2014, net realized investment gains in this segment included $37.8 million of net gains from the sales of investments (primarily fixed maturities) and $3.4 million of writedowns of investments for other than temporary declines in fair value recognized through ...
133
10K
NatwestGroupPLC-AR_2011
3,001
The Group will continue to participate in the debate and to consult with the UK Government on the implementation of the recommendations set out in the Final Report and in the Government’s response.
33
annual_report
3077
839
The fair value of total plan assets at December 31, 2006 and 2005 by asset category were as follows:
19
10K
SwissReAG-AR_2001
213
The combined offering structure was: ■ a 1:10 rights offering at market of up to 28 522 370 registered shares to existing shareholders, subject to sales restrictions in certain jurisdictions; ■ a global equity offering for shares not taken up in the rights offer, including an offering in the US under Rule 144A; ■ an of...
66
annual_report
AvivaPLC-AR_2010
3,004
(292,074) 6,777 (285,297) (277,690) 7,240 (270,450) Provision for unearned premiums (4,855) 307 (4,548) (4,781) 332 (4,449) Provision arising from liability adequacy tests (2) — (2) (7) — (7) Other technical provisions (1) — (1) — — —
37
annual_report
2996
6,737
$23.8 million in 2005. The effects of the unlocking in 2006 decreased insurance product fee revenues by $3.5 million, increased the change in policyholder reserves by $7.4 million and decreased deferred policy acquisition cost amortization by $19.1 million for a net increase of $8.2 million. As discussed below, the unl...
69
10K
2363
5,946
Selective has adopted the pro forma footnote disclosure-only provisions of FAS 123. See Note 2(n) for the pro forma effect on net income and earnings per share if Selective had adopted FAS 123. See Note 3, "Adoption of New Accounting Pronouncements" for further details regarding Selective's adoption of Financial Accoun...
104
10K
ASRNederlandNV-AR_2012
1,673
Included in the cash and cash equivalents is € 1,882 million (2011 € 1,716 million) related to the cash collateral received on derivative instruments and securities lending. This debt to repay the cash collateral is included in the amount due to banks (chapter 23).
44
annual_report
4589
1,020
We are a specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries. Our shares trade on the New York Stock Exchange and closed at $39.97 on February 15, 2013, resulting in market capitalization of $4.0 billion.
48
10K
DirectLineInsuranceGroupPLC-AR_2012
2,457
The undated subordinated loans of £258.5 million were provided by TPF in 2006 and were reclassified from non-controlling interest in total equity following FSA approval to repay the loans. There is no interest payable on this instrument. The loans were fully repaid on 8 January 2013 (see note 41).
49
annual_report
ScorSE-AR_2010
1,910
The signature of the retrocession framework agreement between your company and SCOR Global P&C SE was authorised by the Board on 16 May 2006, pursuant to the provisions of Article L.225-38 of the French Commercial Code. The contract was signed on 4 July 2006, as part of the reorganisation of the Group through the creat...
64
annual_report
StandardLifeAberdeenPLC-AR_2018
792
Under the most severe combined scenario impacting markets, persistency and expenses, the platforms business would have required a capital injection of £20m in order to maintain a regulatory capital surplus in the absence of any other actions being taken.
39
annual_report
5883
1,108
(a) On January 1, 2020, the Company adopted ASU 2016-13; see Note 1. The Net Unrealized Gains (Losses) on Investments with OTTI Losses column that tracked the change in unrealized gains (losses) on investments with OTTI losses has been replaced with the Net Unrealized Gains (Losses) on Investments with an Allowance for...
99
10K
ScorSE-AR_2016
149
(1) The full organizational chart is available on SCOR’s website (www.scor.com).
11
annual_report
PosteItalianeSpA-AR_2018
6,399
�� Catastrophe risk: the risk that extreme and exceptional events have a negative impact that has not been taken into account when pricing the policies.
25
annual_report
5332
674
Net realized gains on financial instruments decreased $19.5, or 11.0%, to $157.5 in 2015, primarily due to an increase in net realized losses on sales of fixed maturity securities, partially offset by an increase in net realized gains on sales of equity securities and settlements of derivative financial instruments.
49
10K
3686
617
The provision for property and casualty claims, expressed as a percentage of property and casualty operating revenues, was 54.3% in 2008, 55.6% in 2007 and 49.4% in 2006. The increase in the rate from 2007 over 2006 was the result of a $5.0 million incurred loss deductible before reinsurance recoveries on Southern Cali...
68
10K
StorebrandASA-AR_2003
532
By focusing on selected investment areas and developing our specialist expertise in the major asset management functions, Storebrand Investments shall be the preferred asset manager for long-term savings and pension assets. Storebrand Investments manages assets totalling NOK 159 billion in mutual funds and client portf...
45
annual_report
GjensidigeForsikringASA-AR_2012
439
Chairman of the Board of NorSun AS and Bertel O Steen AS, and Deputy Chairman of Hydro.
17
annual_report
fr_axa-AR_2011
5,748
Impact of change in consolidation method and of reclassifi cations as held for sale (l) (189) 335
17
annual_report
AdmiralGroupPLC-AR_2009
86
• The Group has a conservative approach to investment and manages a very low risk portfolio. Key priorities are capital preservation, low volatility and high levels of liquidity
28
annual_report
5067
268
We are an insurance holding company based in Bermuda owned primarily by accounting firms, persons associated with accounting firms, and individual CPA practitioners. We were formed in response to concerns about the pricing and availability of accountants’ professional liability insurance in a difficult or “hard” market...
99
10K
HannoverRueckSE-AR_2016
384
The list of shareholdings is provided on pages 18 to 20.
11
annual_report