report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
PhoenixGroupHoldingsPLC-AR_2015
3,433
14. DIRECTORS’ REMUNERATION Details of the remuneration of the Directors’ of Phoenix Group Holdings is included in the Directors’ remuneration report on pages 57 to 80 of the Annual Report and Accounts.
32
annual_report
NatixisSA-AR_2006
3,018
For the second component, the ALM Committee has approved coverage of risk denominated in US dollars, as set out in the budgetary procedure, be it on the basis of anticipated sales in
32
annual_report
AvivaPLC-AR_2019
772
1 During 2019 the Group adjusted operating profit APM has been revised and now includes the amortisation and impairment of internally generated intangible assets to better reflect the operational nature of these assets (see note 1(b) of the Annual report and accounts). Group adjusted operating profit continues to exclu...
108
annual_report
NatixisSA-AR_2009
1,714
In the framework of its “Antares” project, Natixis has launched an HQE® certifi cation initiative for its two future data centers in the Paris area (see the “IT and Shared Services” section in Chapter 3 “Activit ies”). The project is a pilot site favoring the integration of the specifi cities of a data center into the ...
107
annual_report
3710
1,261
The calculation of the accumulated postretirement benefit obligation assumes a weighted-average annual rate of increase in the per capita cost of covered benefits (i.e., health care cost trend rate) was as follows:
32
10K
4901
869
At December 31, 2014 and 2013, the Company recorded its point estimate of approximately $1.1 billion and $1.0 billion, respectively, in losses and loss adjustment expense liabilities, which include approximately $440.8 million and $409.2 million, respectively, of IBNR. IBNR includes estimates, based upon past experienc...
123
10K
NatwestGroupPLC-AR_2009
3,952
Impairment losses on available-for-sale debt securities are recognised when there is objective evidence of impairment. The Group reviews its portfolios of available-for-sale financial assets for such evidence which includes: default or delinquency in interest or principal payments; significant financial difficulty of t...
261
annual_report
Sampoplc-AR_2008
940
Mandatum Life’s equity portfolio is actively managed. At year end the exposure was EUR 583 million (EUR 1,039 million in 2007). The positions and risks in equity portfolio and related derivatives may not exceed the limits set in the Investment pol-
41
annual_report
ch_zurich_insurance_group-AR_2007
2,979
Zurich Australian Insurance Limited Sydney General Insurance 100 100 AUD 6.6
11
annual_report
5719
3,783
The fair values of our reporting units (Level 3 fair value estimates) are comprised of the value of in-force (i.e., existing) business and the value of new business. Specifically, new business is representative of cash flows and profitability associated with policies or contracts we expect to issue in the future, refle...
89
10K
4911
816
Our Board of Directors increased our share repurchase authorization of AIG Common Stock, par value $2.50 per share (AIG Common Stock), by an additional $2.5 billion on February 12, 2015. During 2014, we repurchased approximately 88 million shares of AIG Common Stock for an aggregate purchase price of approximately $4.9...
133
10K
3865
2,075
The approach for these assumptions, including market-observable reference points, is consistent with that used to estimate the fair values of these contracts at January 1, 2008. The Company regularly evaluates each of the assumptions used in establishing these assets and liabilities by considering how a hypothetical ma...
144
10K
SwissReAG-AR_2002
816
Insurance of industrial, commercial, employers’, product, professional or private liability to third parties.
13
annual_report
4226
597
Our consolidated net income was $154.8 million in 2010, compared to $197.2 million in 2009. The $42.4 million decrease is primarily due to a $35.3 million decline in after-tax segment income, principally driven by higher catastrophe losses, which increased $39.9 million, net of taxes. Results in 2009 included a $34.5 m...
139
10K
1280
445
. the risk that invested assets supporting the reinsured business will decrease in value;
14
10K
4267
938
At December 31, 2010, the fair value of the amount outstanding under our Convertible Senior Notes was $400.5 million. The fair value was determined using publicly available trade information.
29
10K
BeazleyPLC-AR_2015
476
Looking ahead, we will continue to seek out growth opportunities in the face of market conditions that we expect to remain challenging. We were gratified to be recognised as ‘insurance team of the year’ by Reactions magazine in June: it’s a designation we will strive to merit every year.
49
annual_report
gb_lloyds_banking_grp-AR_2002
121
equity at 31 December 2001 by £40 million to reflect the revised policy.
13
annual_report
330
386
In February 1995, in connection with Exstar's decision to commence full or partial compensation of certain TCO and Alpine employees who also are Exstar employees, including the Chief Executive Officer, the President, and the former Chief Financial Officer, the Company and TCO entered into an amendment to the Loan Agree...
126
10K
ScorSE-AR_2014
346
4.4.8 CAPITAL AND LIQUIDITY MAY NOT BE COMPLETELY FUNGIBLE BETWEEN DIFFERENT REGULATED LEGAL ENTITIES, WHICH MAY HAVE NEGATIVE CONSEQUENCES FOR THE LEGAL ENTITIES
23
annual_report
4364
752
(1),(2) Future policy benefits and policy and contract claims - The Company has estimated payments to be made to policy and contractholders for future policy benefits. Insurance and investment contract liabilities include various investment-type products with contractually scheduled maturities, including periodic payme...
75
10K
4014
2,815
17. Long-Term Debt, Note Payable to Related Party and Credit Facilities (Continued)
12
10K
SwissLifeHoldingAG-AR_2016
1,405
Closing adjustments Closing adjustments mainly represent foreign currency translation effects resulting from the consolidation in Swiss francs.
17
annual_report
AegonNV-AR_2011
1,510
AEGON is also present in India. In 2006, AEGON agreed to form a new life insurance partnership in India with Religare
21
annual_report
3833
7,018
Fixed income investment funds are generally invested in securities with intermediate-term maturities with an objective of optimizing total return while allowing flexibility to react to changes in market conditions. At December 31, 2008, the average life of AFG's fixed maturities was about six years.
44
10K
4851
2,206
The solvency margins for Prudential of Japan and Gibraltar Life were 749% and 896%, respectively, as of March 31, 2013, the most recent statutory fiscal year-end. As of December 31, 2013, the solvency margins for both of these subsidiaries were greater than 700%.
43
10K
5888
1,459
The loan-to-value ratio is expressed as a percentage of the amount of the loan relative to the value of the underlying property. A loan-to-value ratio in excess of 100% indicates the unpaid loan amount exceeds the value of the underlying collateral. Loan-to-value information is updated annually as part of the re-underw...
79
10K
4225
4,048
On August 25, 2010, AIG entered into a settlement agreement with the other parties to the derivative litigations which was submitted by plaintiffs to the Delaware Court of Chancery on August 26, 2010. The settlement is conditioned on a separate agreement with AIG's directors and officers liability (D&O) insurers, under...
225
10K
StorebrandASA-AR_2014
1,637
Of which premium reserve transferred to company -14 201 -9 003
11
annual_report
PosteItalianeSpA-AR_2015
2,906
Claim expenses and movement in other provisions - Non-life 27 22
11
annual_report
673
264
The estimated liabilities for losses and loss adjustment expenses include the accumulation of estimates of losses for claims reported prior to the balance sheet dates, estimates (based upon actuarial analysis of historical data) of losses for claims incurred but not reported and estimates of expenses for investigating ...
135
10K
PosteItalianeSpA-AR_2015
5,263
The following sensitivity analysis relates to the principal positions potentially exposed to fluctuations in value.
15
annual_report
1542
1,092
Applicable insurance department regulations require that the insurance subsidiaries prepare statutory financial statements in accordance with statutory accounting practices prescribed or permitted by the insurance department of the state of domicile. Statutory accounting practices primarily differ from accounting princ...
129
10K
NatwestGroupPLC-AR_2012
6,238
Assets Loans and advances to banks 24.1 24.8 18.4 18.4 19.5 19.5 Loans and advances to customers 1.3 1.3 4.1 4.1 6.7 6.7 Debt securities 1.5 2.0 1.6 1.5 1.5 1.8
31
annual_report
NatixisSA-AR_2012
2,851
Market risk affects Natixis’ trading and investment portfolios. In investment portfolios, market risk encompasses: V the overall interest rate risk associated with asset and liability management, which is the risk to earnings arising from asset and liability mismatches in the bank book or in the i nsurance business; V ...
70
annual_report
5777
1,975
The Company’s credit derivatives primarily consist of insured CDS contracts, and also include interest rate swaps that qualify as derivatives under GAAP, which requires fair value measurement with changes recorded in the statement of operations. The Company did not enter into CDS with the intent to trade these contract...
127
10K
4282
1,578
The ASU requires additional disclosures in the financial statements and footnotes concerning deferred acquisition costs such as the nature and type of acquisition costs capitalized, the method of amortizing capitalized acquisition costs, and the amount of acquisition costs amortized for the period. The directives of AS...
124
10K
NatwestGroupPLC-AR_2016
603
NatWest Markets NatWest Markets provides financing and risk management solutions and is built around three product lines: Rates, Currencies and Financing. NatWest Markets puts its customers at the centre of the way it does business.
35
annual_report
1956
456
Interest Expenses. Interest expenses for the year ended December 31, 2002 increased by $4.9 million to $7.3 million from $2.4 million for the year ended December 31, 2001. Interest expenses for 2002 were related to Acquisition debt that was extinguished at the IPO, as well as indebtedness incurred in connection with th...
109
10K
fr_axa-AR_2015
7,835
At December 31, 2015, the Group employed 98,279 salaried people on a full-time equivalent basis (96,279 at the end of
20
annual_report
PosteItalianeSpA-AR_2016
2,974
Financial liabilities arising from repos [B8] – – – (510) (510) (510)
12
annual_report
5549
978
In addition, we realized the full year benefit in 2017 of acquisitions, investments, and business commenced during 2016, including the March 2016 acquisition of Health Net for $6.0 billion, including the assumption of debt.
34
10K
INGGroepNV-AR_2005
1,725
As of 31 December 2005 there was EUR 50 million (2004: EUR 24 million) of total unrecognised compensation costs related to stock options. These costs are expected to be recognised over a weighted average period of 2 years (2004: 1.8 years).
41
annual_report
76
266
In accordance with this statement, debt securities for which there is a positive intent and ability to hold to maturity are carried at amortized cost. Debt securities that may be sold prior to maturity and all marketable equity securities are classified as available-for-sale and carried at fair value. Net unrealized ga...
76
10K
PowszechnyZakladUbezpieczenSA-AR_2016
502
PZU Życie’s technical result margin on gross written premium was after Q3 of 2016, which was more than two times higher than the margin obtained by all other companies offering life insurance in total
34
annual_report
NatwestGroupPLC-AR_2015
8,611
and Ulster Bank Ireland Limited are also important to the Group when competing in certain markets such as over-the-counter derivatives.
20
annual_report
5594
1,925
The decrease in investment income after investment expenses yield attributable to our general account investments, excluding both the Closed Block division and the Japanese insurance operations’ portfolio, for 2017 compared to 2016 was primarily the result of lower fixed income reinvestment rates.
42
10K
149
504
The financial statements of the Company have been prepared in accordance with generally accepted accounting principles, which differ in certain respects from those followed in financial statements prepared for regulatory authorities. (See Note 12 to the accompanying Consolidated Financial Statements.)
40
10K
AvivaPLC-AR_2010
1,727
Notes 1. Andrew Moss did not meet the internal shareholding requirement target of 150% of salary by April 2010, although he is on target to meet 175% of salary by July 2012 through the vesting of share awards. 2. Patrick Regan and Mark Hodges are on target to meet 150% of salary by their target dates through the vestin...
82
annual_report
Sampoplc-AR_2004
1,627
*) The share of Sampo Bank plc (38,05%) has been eliminated on the consolidated balance sheet **) Has been eliminated on the consolidated balance sheet
25
annual_report
797
438
The Company's specialty services subsidiaries offer behavioral health, dental, vision, and pharmaceutical products and services as well as managed care products related to bill review, administration and cost containment for hospitals, health plans and other entities.
36
10K
5869
2,280
The Company is party to various non-cancelable lease agreements, these leases include both operating and finance leases. The largest lease relates to approximately 103,500 square feet of office space in New York City, and expires in 2032. Subject to certain conditions, the Company has an option to renew this lease for ...
107
10K
5710
981
Our corporate headquarters are located in Morristown, New Jersey on a site of approximately 95,000 rentable square feet leased by us. The term of that lease expires on January 31, 2022. We lease a total of six additional offices located in California, Georgia, New York, Florida and London. The office in London is suble...
76
10K
nl_ing_grp-AR_2011
1,217
It is the Remuneration Committee’s responsibility to take the interests of all stakeholders, including shareholders and the global employee population into account, as well as business continuity when overseeing a company-wide remuneration policy and executing the Executive Board remuneration policy.
40
annual_report
de_allianz-AR_2015
1,604
The risks related to non­compliance or other misconduct are addressed via various dedicated compliance programs. Written poli­ cies detail the Allianz Group’s approach towards the management of these areas of risk. The implementation and communication of those compliance programs are monitored by the Group Compliance f...
119
annual_report
HiscoxLtd-AR_2014
739
The policy is unchanged from 2014 with the exception of some minor amendments to reflect the restrictions defined below.
19
annual_report
2335
1,326
The expected return on plan assets for 2003 and 2002 was 8.25%. This rate is initially established at the beginning of the plan year based on the historical rates of return and is reevaluated based on the actual return through an interim date during the current plan year. As there was not a significant variance between...
89
10K
NatwestGroupPLC-AR_2004
2,481
(e) Dividends Under UK GAAP, dividends are recorded in the period to which they relate, whereas under US GAAP dividends are recorded in the period in which they are declared.
30
annual_report
4057
4,046
The remaining impairments recorded in 2009 consisted of three structured securities and one real estate investment trust security. Of these four securities, one security, a non-agency residential mortgage-backed security with alternative A mortgage collateral, incurred an other than temporary credit loss because it was...
87
10K
SwissReAG-AR_2008
460
Life & Health 2008 premiums earned and fee income by region Total CHF 11.9 billion
15
annual_report
fr_axa-AR_2009
4,308
Pursuant to Article 241-2 of the AMF General Regulation, this section constitutes the description of the Company’s share repurchase program that will be submitted to the Shareholders for approval at AXA’s General Meeting on April 29, 2010.
37
annual_report
CNPAssurancesSA-AR_2005
1,010
The Company decided to base the project on the internationally-recognised COSO internal control framework. COSO defines internal control as a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the follo...
52
annual_report
5321
1,653
Foreign Currency. The impact of changes in foreign currency exchange rates reduced operating earnings by $126 million for 2015 compared to 2014 as a result of the weakening of the yen against the U.S. dollar.
35
10K
RaiffeisenBankInternationalAG-AR_2011
1,225
The return on equity before tax in this division rose by 11.4 percentage points to 36.8 per cent as the result of a marked improvement in profi t before tax.
30
annual_report
4152
2,444
Our investment management guidelines are set by the Finance Committee of our Board. The Finance Committee establishes investment policies and guidelines for both internal and external investment managers. Our investment philosophy is to maintain a high-quality, well-balanced and liquid portfolio having the dual objecti...
53
10K
AegonNV-AR_2008
4,434
Joseph B.M. Streppel as Chief Financial Officer and a member of the Executive Board, effective April 22, 2009 at AEGON’s annual General Meeting of Shareholders. Mr. Streppel, who has served as CFO since 1998 and a member of the
39
annual_report
4081
849
FSP SFAS 141(R)-1, Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies (codified into ASC Topic 805, Business Combinations);
25
10K
5849
585
financial market conditions, including, but not limited to, changes in interest rates and the level and trends of stock market prices causing a reduction of net investment income or realized losses and reduction in the value of our investment portfolios;
40
10K
5376
1,532
The increase in our consolidated net investment result in 2017 was primarily attributable to an increase in earnings from our unconsolidated subsidiaries of $13.8 million due to higher reported earnings from our investments in LP/LLCs and the effect of a smaller increase in the estimate of partnership operating losses ...
94
10K
2724
537
MMC holds investments in public and private companies, as well as in certain private equity funds managed by Stone Point, including Trident II and Trident III. Publicly traded investments of $143 million are classified as available for sale under SFAS No. 115. Non-publicly traded investments of $54 million and $365 mil...
151
10K
4880
1,006
The future policy benefit reserves we establish are necessarily based on estimates, assumptions and our analysis of historical experience. Our results depend significantly upon the extent to which our actual claims experience is consistent with the assumptions we used in determining our future policy benefit reserves a...
87
10K
PosteItalianeSpA-AR_2018
7,548
6. Financial assets offset in the financial statements or subject to framework master netting agreements or similar arrangements
18
annual_report
HannoverRueckSE-AR_2001
152
We consider a long-term, strategic mind-set and way of conducting business to be a crucial factor in our Group's success. This calls for vision, on the one hand, but also necessitates concrete strategic objectives, which serve to guide our company's tactical orientation.
42
annual_report
1465
162
As of January 1, 1994, the Company adopted Financial Accounting Standards Board Statement 115 and reclassified a portion of its fixed maturity securities portfolio as "available-for-sale," with the remainder being classified as "held-to- maturity." With that reclassification, the fixed maturity securities classified as...
74
10K
2341
760
The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are presented below:
23
10K
ScorSE-AR_2020
6,165
Date of incorporation and the length of time of the issuer 5.3.1.3
12
annual_report
SwissLifeHoldingAG-AR_2008
2,659
Swiss Life Asset Management, Unterföhring IM until 03.12.2008 – – full
11
annual_report
3759
993
In December 2007, the FASB issued FAS No. 160, Noncontrolling Interests in Consolidated Financial Statements-an amendment of ARB No. 51, (SFAS No. 160). FAS No. 160 establishes accounting and reporting standards for the noncontrolling interest in a subsidiary and for the retained interest and gain or loss when a subsid...
156
10K
ASRNederlandNV-AR_2019
4,096
As part of the preparation of the financial statements, management is responsible for assessing the company’s ability to continue as a going concern. Based on the financial reporting frameworks mentioned, management should prepare the financial statements using the going concern basis of accounting unless management ei...
55
annual_report
RaiffeisenBankInternationalAG-AR_2006
986
Actuarial gains or losses calculated for pension obligations are recognised immediately in profit. The right to vote according to IAS 19.92 (“corridor method”) was not applied.
26
annual_report
gb_prudential-AR_2017
247
www.prudential.co.uk Annual Report 2017 Prudential plc 17 01 G roup overview 02 Strategic report 03 G
16
annual_report
BaloiseHoldingLtd-AR_2017
783
Requesting agenda items Article 699 (3) OR states that one or more shareholders who together represent shares of at least CHF 100,000 can request items to be put on the agenda for debate. Such requests must be submitted in writing to the Board of Directors at least six weeks before the ordinary Annual General Meeting i...
75
annual_report
5242
1,223
As of December 31, 2016, the carrying value of Alleghany’s commercial loan portfolio was $594.9 million, representing the unpaid principal balance on the loans. As of December 31, 2016, there was no allowance for loan losses. The commercial loan portfolio consists primarily of first mortgages on commercial properties i...
94
10K
PosteItalianeSpA-AR_2018
6,773
�� For personnel belonging to the Poste Vita insurance group, vesting of the Phantom Stocks, in addition to achievement of the Performance Hurdle (Group’s cumulative EBIT over a three-year period), is subject to achievement of the specific Qualifying Condition, namely the Solvency II ratio at the end of the period.
50
annual_report
2912
543
Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts
17
10K
ScorSE-AR_2017
2,195
Income (2) (3) Equity (2) (3) Income (2) (3) Equity (2) (3) Income (2) (3) Equity (2) (3)
18
annual_report
SwissReAG-AR_1964
13
Assistant Managers R. Aeberli K. Aerni A. Albrecht G. Bassin F. Bolliger H. Brodbeck E. Bumens P. E. Ghristen W. Diehl G. E. Geiser
24
annual_report
RSAInsuranceGroupPLC-AR_2012
3,258
Except where otherwise stated, all figures included in the separate financial statements are presented in millions of Pounds Sterling
19
annual_report
567
107
The Company's DPAC and previous balance of PVIF, as of the purchase date, were eliminated and an asset representing the PVIF was established for all policies in force at the acquisition date. PVIF is amortized into income in proportion to the expected gross profits of the in force acquired in a manner similar to DPAC a...
87
10K
NatixisSA-AR_2010
4,375
The liquidity ratio is designed to ensure that liquid assets with maturities of less than one month are equal to or exceed liabilities falling due within the same period. It is defi ned as the ratio between liquidities and liabilities falling due in less than one month.
47
annual_report
NatixisSA-AR_2004
360
Risk Management is responsible for overseeing market risks and models. Its key duties are: n validating the proposals made by the middle office, ensuring their consistency throughout the group and making recommendations on any other appropriate metrics; n monitoring market risks at the various consolidation levels, and...
88
annual_report
ASRNederlandNV-AR_2008
618
10.3 Option rights for directors and former directors Directors and former directors were awarded the following option rights to shares in Fortis N.V.: Name of director ‘Restricted Options Options Options Options Options shares’ awarded exercised outstanding at exercise- expiry in 2008 in 2008 31-12-2008 price date
46
annual_report
2210
745
At December 31, 2003 and 2002, the Company had $ 2,289,776 and $ 2,995,275 in long-term debt outstanding, respectively. The debt is comprised of the following components:
27
10K
5695
793
Net claim cash outflow policies represent contracts where the PV of expected cash outflows are greater than the PV of expected recovery cash inflows. For such policies, a “Loss and loss expense reserves” liability is recorded for the excess of the PV of expected net claim cash outflows over the unearned premium revenue...
53
10K
4431
1,154
MGIC intends to vigorously defend itself against the allegations in both the class action lawsuit and the DOJ lawsuit. Based on the facts known at this time, we do not foresee the ultimate resolution of these legal proceedings having a material adverse effect on us.
45
10K
SwissReAG-AR_2012
1,624
The official medium for publications of the company is the Swiss Official Gazette of Commerce (Schweizerisches Handelsamtsblatt). In addition, we use our website to provide comprehensive, timely news and information on our activities as well as background discussion and analysis of issues relating to Swiss Re’s busines...
80
annual_report
nl_ing_grp-AR_2010
1,041
LODEWIJK J. DE WAAL (Born 1950, Dutch nationality, male; appointed in 2009, term expires in 2013) Former general manager of Humanitas.
21
annual_report
2339
832
Legal Matters: The Company’s insurance subsidiaries are subject to routine legal proceedings in connection with their property and casualty business. The Company is involved in no other pending or threatened legal or administrative proceedings which management believes might have a material adverse effect on the Compan...
52
10K
AegonNV-AR_2008
2,459
The total net amount of changes in fair value recognized in net income (loss) of the financial instruments of which the valuation technique includes non market observable inputs amount to a pre-tax loss of EUR 1,301 million (2007: EUR 57 million).
41
annual_report
NatwestGroupPLC-AR_2007
3,950
The fair value (and carrying value) of securities transferred under repurchase transactions included within securities on the balance sheet were as follows: All of the above securities could be sold or repledged by the holder. Securities received as collateral under reverse repurchase agreements amounted to £373.7 bill...
71
annual_report