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5914
900
For fixed maturity investments that the Company does not intend to sell or for which it is more likely than not that the Company would not be required to sell before an anticipated recovery in value, the Company separates the credit loss component of the impairment from the amount related to all other factors and repor...
104
10K
NatwestGroupPLC-AR_2016
8,136
RBS Invoice Finance (Holdings) Ltd BF Smith House, Elmwood Avenue, Feltham, TW13 7QD, England
14
annual_report
CNPAssurancesSA-AR_2014
149
Over €1.2 bn in new money recorded by CNP Patrimoine over eight months of operation in 2014, compared with a fullyear target of €2 billion within two years.
28
annual_report
SwissLifeHoldingAG-AR_2011
2,330
Swiss Life Assurance Solutions S.A., Branch Germany, München Other from 29.06.2010 100.0% 100.0% – –
15
annual_report
HelvetiaHoldingAG-AR_2014
2,704
10.5 Deferred tax assets and liabilities 10.4 Tax on expenses and income recognised directly in equity
16
annual_report
4901
805
Underwriting Cycle and Competition-The property and casualty insurance industry is highly cyclical, with alternating hard and soft market conditions. The Company has historically seen significant premium growth during hard markets. The Company believes that the market is mixed with carriers both raising and decreasing ...
55
10K
TopdanmarkAS-AR_2018
957
Two external firms possessing special expertise within cyber-crime are members of Topdanmark’s IT Security Committee/Cyber-Security Board and thus act as advisers to Topdanmark’s IT Security Manager. One of the firms provides consultancy on security solutions to maintain an effective defence against Cyber Crime while t...
82
annual_report
StorebrandASA-AR_2013
1,620
Investment properties primarily consist of centrally located office buildings, shopping centres and logistics buildings. Properties leased to tenants outside the Group are classified as investment properties. In the case of properties partly occupied by the Group for its own use and partly let to tenants, the identifia...
55
annual_report
RSAInsuranceGroupPLC-AR_2020
3,532
Class A Common 2029974 Ontario Inc.7 95 Mural Street, Suite 400, Richmond Hill ON L4B 3G2, Canada
17
annual_report
fr_axa-AR_2015
9,647
AXA also has a number of products or services that have specifi c social or environmental objectives (as well as fi nancial). These include micro-insurance products, certain applications aimed at risk prevention, particularly in health, and Group’s ‘green’ and
39
annual_report
AdmiralGroupPLC-AR_2018
1,155
Partial Internal Model. The Committee continues to engage with the relevant regulators as a key demonstration of the Group’s ongoing use of the model and in preparation for the formal IMAP application.
32
annual_report
AvivaPLC-AR_2016
727
Launched FuBaoBao in China which allows friends and family to celebrate key milestones in a child’s life by contributing to a savings plan for them via a social media payment platform, WeChat.
32
annual_report
4556
739
In December 2012, the Company expanded the size of its board of directors from seven to nine and appointed Betsy Holden and Karen Katen to Catamaran’s Board of Directors, effective December 10, 2012.
33
10K
3495
902
In addition to the comprehensive annual study of assumptions, management evaluates the appropriateness of the individual variable annuity DAC balance quarterly within pre-set parameters. These parameters are designed to appropriately reflect the Company’s long-term expectations with respect to individual variable annui...
150
10K
1431
325
Under certain circumstances, the Junior Subordinated Debentures may be distributed to holders of the QUIPS and holders of the Common Securities in liquidation of the Subsidiary Trusts. As of September 27, 2000, Farmers Group, Inc. had the option to redeem, in whole or part, the Junior Subordinated Debentures. The QUIPS...
90
10K
NatixisSA-AR_2010
4,031
(a) Of which €365 million in provisions at December 31, 2010 in respect of Madoff net outstanding.
17
annual_report
2210
437
Cost of insurance acquired decreased 31% in 2003 compared to 2002. When an insurance company is acquired, the Company assigns a portion of its cost to the right to receive future cash flows from insurance contracts existing at the date of the acquisition. The cost of policies purchased represents the actuarially determ...
164
10K
4607
1,802
For the years ended December 31, 2012 and 2011, 0 and 34,612 new common shares, respectively, were issued as the result of employee stock option exercises and 372,618 and 654,180 new common shares, for the same periods, respectively, were issued as the result of restricted stock grants.
47
10K
AvivaPLC-AR_2008
593
We manage market risk by applying our market risk policy to all of the assets under the group’s control. This includes policyholder assets (those assets supporting the technical liabilities) and shareholder assets (the surplus assets held that are not required to meet policyholder benefits and to cover regulatory margi...
57
annual_report
RaiffeisenBankInternationalAG-AR_2011
514
These valuation gains do not aff ect regulatory own funds, and as such are not relevant when calculating regulatory capital ratio (EBA).
22
annual_report
nl_ing_grp-AR_2010
255
LOOKING FORWARD In 2011, both ING Bank and ING Insurance will further build their CR strategy on the foundations established in previous years.
23
annual_report
3815
2,127
SFAS No. 142, “Goodwill and Other Intangible Assets,” requires that goodwill balances be reviewed for impairment at least annually or more frequently if events occur or circumstances change that would indicate that a triggering event, as defined in SFAS 142, has occurred. A reporting unit is defined as an operating seg...
282
10K
5097
628
At December 31, 2015, the Company carried asbestos and environmental reserves for direct insurance and assumed reinsurance business totaling $11.5 million, which represents 1.7 percent of total loss and settlement expense reserves. The asbestos and environmental reserves include $4.6 million of case loss reserves, $4.4...
82
10K
HannoverRueckSE-AR_2020
412
Independent Auditor’s Report (Translation of the auditor`s report issued in German language of the annual/consolidated financial statements prepared in German language by the management of Hannover Rück SE)
28
annual_report
5310
977
As of December 31, 2016, the Company held municipal securities that include third party guarantees. Detailed below is a presentation by NRSRO rating of our municipal holdings by funding type.
30
10K
de_allianz-AR_2012
1,127
We have adopted an evolutionary learning path for sustainable investment, one that builds on our existing systematic practices and, over time, develops consistency across asset classes and regions.
28
annual_report
TopdanmarkAS-AR_2014
585
Average value of claim (DKK '000) 38 37 6 6 64 72
12
annual_report
INGGroepNV-AR_2019
3,571
In addition to addressing financial economic crime-related requirements, the KYC policy framework also reflects KYC-related requirements of the FATCA/CRS policy, as well as certain elements of the
27
annual_report
de_allianz-AR_2014
1,418
AbS within the Life/Health asset base grew by € 3.0 bn, mainly due to new investments, and amounted to € 16.9 bn. This exposure represented 3.0 % (31 December 2013: 2.8 %) of the business segment’s asset base.
38
annual_report
AvivaPLC-AR_2016
2,061
4 For the 2013 and 2014 LTIP grant, the TSR comparator group consisted of the following companies: Aegon, Allianz, Assicurazioni Generali, Axa, CNP Assurances, Direct Line Group, FLG, Legal & General, Met Life, Old Mutual, Prudential, RSA Insurance Group, Standard Life and Zurich Financial. For the 2015 and 2016 LTIP g...
87
annual_report
StandardLifeAberdeenPLC-AR_2013
524
• UK Equity Unconstrained Fund won the UK All Companies sector award at the Moneywise Fund Awards • Multi Asset Investing Team won top prize for the second time at the Scottish Financial Services Award • Large Investment Group of the year and the top awards in the UK equity category for our UK Equity Unconstrained Fund...
136
annual_report
4240
1,076
For the years ended December 31, 2010 and 2009, net cash provided by investing activities was $5.0 billion. Net cash provided by investing activities in 2010 resulted from sales and redemptions of securities for purposes of funding insurance-related loss payments, investment agreement withdrawals, and repayments of oth...
49
10K
NatwestGroupPLC-AR_2011
3,163
Previously a director and chairman of the Remuneration Committee of Skandinaviska Enskilda Banken AB and a non-executive director of Home Retail Group plc and chairman of its Remuneration Committee. She spent the majority of her executive career at Coca-Cola where she held a number of leadership positions, latterly as ...
69
annual_report
2429
858
To eliminate stock-based compensation expense of Company employees terminated pursuant to the terms of the acquisition agreement effective upon closing of the acquisition.
23
10K
fr_axa-AR_2012
6,422
Such fair values are based on a majority of observable market data (see Note 9.10 for a description of observable data) and are therefore classifi ed as l evel 2 instruments.
31
annual_report
1096
321
On September 28, 1998, the Company formed SLISL as an offshore technology center for the purpose of completing systems projects for affiliates.
22
10K
AegonNV-AR_2019
10,317
Solvency II is the supervisory regime introduced per January 1, 2016 and consist of a programme of prudential regulations of European insurance legislation, which vary in severity depending on the riskiness and diversity of an insurer’s business.
37
annual_report
StorebrandASA-AR_2011
3,041
Annual percentage rate (APR) The true interest rate calculated when all borrowing costs are expressed as an annual payment of interest in arrears. In calculating the APR, allowance must be made for whether interest is paid in advance or arrears, the number of interest periods per annum, and all fees and commissions.
52
annual_report
LloydsBankingGroupPLC-AR_2011
3,931
Amortisation of acquired value of in‑force non‑participating investment contracts (note 30) 78 76 75
14
annual_report
CNPAssurancesSA-AR_2005
1,091
The risks emerge as soon as a product is developed and the related contractual documents are drafted, but they also concern the way that the product is presented to the public. And they may also emerge as a result of guidance issued by the regulatory authorities on matters that are open to diverging interpretations.
54
annual_report
StorebrandASA-AR_2013
1,636
If there is objective evidence that impairment has occurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of the estimated future cash flows (excluding future credit losses that have not occurred)
42
annual_report
3702
1,138
(2)"Legal Final Maturity" represents the final date for payment specified in the transaction documents and does not take into account prepayments that shorten the expected maturity and weighted average life.
30
10K
gb_prudential-AR_2019
5,713
Foreign currency translation Transactions not denominated in the Company’s functional currency are initially recorded at the functional rate of currency prevailing on the date of the transaction. Monetary assets and liabilities not denominated in the Company’s functional currency, including borrowings that have been us...
86
annual_report
5283
652
Other operating expenses include occupancy, legal, marketing, licenses, royalties, supplies, technology, printing and telephone costs, as well as insurance, including premiums on excess insurance and losses on professional liability claims, non-client-reimbursed travel by colleagues, publications, professional subscrip...
50
10K
4206
1,138
Policy charges and fee income, consisting primarily of mortality and expense and other insurance charges assessed on general and separate account policyholders’ fund balances, increased $163 million from $231 million in 2009 to $394 million in 2010. The increase was primarily driven by higher average variable annuity a...
163
10K
BaloiseHoldingLtd-AR_2015
37
CHF 5.00 per share (will be proposed to the Annual General Meeting on 29 April 2016)
16
annual_report
5896
1,656
The following table presents the Company’s provision (benefit) for income taxes reflected as a component of income (loss):
18
10K
3221
578
contributed to RAM Re to support new writings in its reinsurance business. The preferred shares bear a dividend rate of 7.50% which is payable semi-annually on June 15 and December 15 each year upon approval by the board of directors. Unless previously redeemed, the preferred shares have a mandatory redemption date of ...
119
10K
4378
949
Fair values. We perform an analysis around the fair values of the securities held including obtaining an understanding of the pricing method and procedures over the valuation of securities. Fair values of available-for-sale debt and equity securities are based on quoted market prices, where available. We obtain one pri...
200
10K
3589
1,111
The amount available during 2007 for the payment of ordinary dividends from Unum Group’s traditional U.S. insurance subsidiaries was $506.2 million, of which $262.7 million was declared and paid. The traditional U.S. insurance subsidiaries also declared extraordinary dividends of $1,374.2 million in conjunction with th...
81
10K
StorebrandASA-AR_2020
5,883
Definitions apply to the KPIs in Chapters 2 - 6 of this report, and all the KPIs in the complete list of sustainability KPIs above
25
annual_report
ScorSE-AR_2011
4,838
This year, SCOR SE carried out the following transactions:  On 2 February and 3 June 2011, SCOR SE issued CHF 650 million fixed rate perpetual subordinated notes in two pari-passu ranking placements of respectively CHF 400 million and CHF 250 million. The notes are redeemable by SCOR each quarter as at payment of inte...
91
annual_report
4538
785
Premiums receivable in connection with our automobile line of business increased $0.9 million, or 112.2%, to $1.7 million as of December 31, 2012, compared with $0.8 million as of December 31, 2011.
32
10K
2448
6,355
In the normal course of business, GAFRI's insurance subsidiaries cede reinsurance to other companies under various coinsurance agreements to diversify risk and limit maximum exposure. These transactions may also provide a source of additional capital and liquidity. GAFRI remains obligated for amounts ceded in the event...
73
10K
PosteItalianeSpA-AR_2018
1,695
Increase the Group's support for socio-cultural initiatives that benefit the community 60% increase in investment in the community to promote socio-cultural initiatives by 2019
24
annual_report
5087
3,037
Under state insurance regulations, Radian Guaranty is required to maintain minimum surplus levels and, in certain states, a minimum ratio of statutory capital relative to the level of net RIF, or Risk-to-capital. There are sixteen RBC States that currently impose a Statutory RBC Requirement. The most common Statutory R...
226
10K
5562
573
The expense ratio applicable to the year ended December 31, 2017 was 42.0% compared with 38.1% for the year ended December 31, 2016. The increase in our 2017 expense ratio was primarily attributable to the decrease in 2017 net premiums earned, an increase in interest expense, and the loss on repurchases of our senior n...
58
10K
PhoenixGroupHoldingsPLC-AR_2009
79
Ignis Asset Management Our asset management business continued to perform well despite the market volatility. We achieved a pro forma IFRS operating profit of £34 million with assets under management also remaining broadly stable at £66.9 billion in spite of insurance policy maturities.
43
annual_report
5672
1,614
Since commitments may expire unused, the amounts presented in the table above do not necessarily reflect our actual future cash funding requirements.
22
10K
5327
1,096
We manage our residential mortgage loan portfolio in a similar manner to reduce risk of concentration. All residential mortgage loans were collateralized by properties located in the United States at December 31, 2016. The carrying value of our residential mortgage loans located in California, Florida, and New York wer...
63
10K
ASRNederlandNV-AR_2017
3,720
5.10.3.16 Operating expenses The operating expenses of € 103 million (2016: € 86 million) consist of the part of the total operating expenses related to Holding – activities. Please refer to Chapter 5.6.8 for the total operating expenses of the group.
41
annual_report
5377
940
estimated economic life of the securities. Actual prepayment experience is reviewed periodically, and effective yields are recalculated when differences arise between prepayments originally projected and the actual prepayments received and currently projected. The effective yield is recalculated on a retrospective basi...
50
10K
CNPAssurancesSA-AR_2009
793
■ Caisse Nationale des Caisses d’Epargne (CNCE) (SA), nonvoting Director (term expired 31 July 2009).
15
annual_report
5284
2,044
To-Be-Announced Mortgage-backed Securities (“TBAs”) - to enhance investment performance and as part of the overall investment strategy. TBAs represent commitments to purchase or sell a future issuance of agency mortgage-backed securities. For the period between the purchase of a TBA and issuance of the underlying secur...
55
10K
4026
1,952
In 2009, U.S. coastal regions exposed to severe hurricane risk benefited from an unusually inactive year meteorologically in the Atlantic basin, which is often attributed to the El Nino effect. As a result, insured industry losses for 2009 were relatively benign, particularly in the Eastern and Southeastern U.S. This i...
226
10K
4913
954
percent of the total loss of the non-life entities (including NOLs of the non-life entities). There is no similar limitation on the extent to which losses realized by a life insurance entity (or entities) may offset income from a non-life entity (or entities). This limitation is the primary reason a valuation allowance...
58
10K
gb_prudential-AR_2007
604
M&G continues to target increased diversity in profitgenerating activities. In 2007, 80 per cent of underlying profits were generated as a result of managing external funds, compared to 23 per cent in 2003.
33
annual_report
PhoenixGroupHoldingsPLC-AR_2014
106
We also seek to ensure our communications are right for each of our customers. As mentioned above, the changes to the compulsory annuitisation of pension pots announced in the March 2014 Budget were unexpected. These changes introduced a number of new options for our customers both immediately following the announcemen...
126
annual_report
AvivaPLC-AR_2010
1,572
11. Overview of the effect on EDs during 2010 The effect of these policies in 2010 for EDs is set out in Table 7 below. It should be emphasised that the figures shown for both the OATTV Plan and the LTIP grant represent the face value of those awards on the date of grant. The OATTV Plan and LTIP grant would only be rea...
84
annual_report
Sampoplc-AR_2000
468
(109.6%). The profitability of motor third party liability insurance improved noticeably thanks to growth in premiums written and a decrease in claims. However, the profitability of statutory workers’ compensation insurance and fire and other property non-life insurance declined slightly. The technical provisions in li...
51
annual_report
fr_axa-AR_2016
5,607
June 20, 2016 January 1, 2018* Guidance on how: ■ to take into account the vesting and non-vesting conditions on the measurement of a cash-settled share-based payment transaction; ■ to classify a share-based payment transaction with net settlement features for withholding tax obligations; ■ to account for a modifi cati...
69
annual_report
4240
870
The following table presents the collateral as a percent of the performing pool balances for all MBIA Corp.-insured multi-sector CDO transactions:
21
10K
4168
736
In July 2004, the Company completed a private placement of $200.0 million of unsecured senior notes (the “Notes”). The $200.0 million is divided into two series: (1) Series A, which closed on September 15, 2004, for $100.0 million due in 2011 and bearing interest at 5.57% per year; and (2) Series B, which closed on Jul...
134
10K
SwissReAG-AR_2013
2,248
assets corporate debt securities 685 650 surplus notes with a mortality underlying 168 195 Discounted cash flow model illiquidity premium 75 bps (n.a.) private placement corporate debt 437 383 corporate spread matrix illiquidity premium 0 bps–250 bps (79 bps) private placement credit tenant leases 72 68 Discounted cash...
57
annual_report
5797
1,836
As of December 31, 2019, we did not make any significant changes in our methodologies or assumptions as described above. Our loss reserves, net of unpaid losses and loss adjustment expenses recoverable from reinsurers by type were as follows:
39
10K
NatixisSA-AR_2008
11,402
Permanent representative of CEPAC, Director of La Chaîne Marseille – LCM
11
annual_report
SwissReAG-AR_2017
191
Growth Growth through systematic capital allocation will help us to deliver sustainable
12
annual_report
4173
930
AMERIGROUP Corporation, a Delaware corporation, through its wholly-owned subsidiaries, is a multi-state managed health care company focused on serving people who receive health care benefits through publicly funded health care programs, including Medicaid, Children’s Health Insurance Program (“CHIP”), Medicaid expansio...
55
10K
2542
984
Consolidated Statements of Stockholders’ Equity and Comprehensive Income for the years ended December 31, 2002, 2003 and 2004
18
10K
gb_lloyds_banking_grp-AR_2011
3,057
Annual incentive 200 per cent of salary maximum (225 per cent for the Group Chief Executive)
16
annual_report
5728
799
In accordance with Florida Insurance Code, and based on the calculations performed by the Company as of December 31, 2019, UPCIC has the capacity to pay ordinary dividends of $12.1 million during 2020. APPCIC, based on its surplus position and earnings history as of December 31, 2019, is unable to pay any ordinary divi...
75
10K
gb_prudential-AR_2016
5,219
Randolph Street LP Limited partnership interest 100.00% Corporation Service Company, 2711 Centreville Road, Suite 400, Wilmington, DE 19808, USA
19
annual_report
fr_axa-AR_2007
949
fees & revenues (mainly loadings on premiums) amounted to €212 million, including €100 million in Group Life and €112 million in Individual Life (of which €11 million on UnitLinked products).
30
annual_report
4864
1,783
• Security Life of Denver Insurance Co. (currently administered by Hanover Re)
12
10K
5015
520
Use of estimates - The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and th...
201
10K
fr_axa-AR_2004
2,090
Outstanding January 1, 52,3 22,69 Granted 10,3 17,68 Capital increase Subscribed (1,2) 9,44 Expired (1,5) 23,94
16
annual_report
NatwestGroupPLC-AR_2012
5,997
Other MBS lawsuits against Group companies include two cases filed by the National Credit Union Administration Board (on behalf of US Central Federal Credit Union and Western Corporate Federal Credit Union) and eight cases filed by the Federal Home Loan Banks of Boston, Chicago, Indianapolis, Seattle and San Francisco.
49
annual_report
BaloiseHoldingLtd-AR_2006
1,090
Waste varieties, percent 49.00% paper / cardboard 10.00% other materials 3.00% special waste 38.00% misc. waste / trash
18
annual_report
ASRNederlandNV-AR_2013
477
Pension plan for a.s.r. employees Within the scope of cost cuts and market conformity, the Supervisory Board discussed changing the employees’ pay and benefits in general and the pension plan in particular. A motion has been prepared to amend the pension plan such that its administration is simplified, and its cost lev...
116
annual_report
fr_axa-AR_2010
4,745
Share repurchase program submitted to shareholders approval on April 27, 2011
11
annual_report
HannoverRueckSE-AR_2018
402
In view of our market position as one of the world’s leading marine reinsurers, the aforementioned losses also left their mark on our books.
24
annual_report
LloydsBankingGroupPLC-AR_2020
5,504
In respect of: Loans and advances to banks 5 — — — 5
13
annual_report
2417
1,449
Contractual provisions exist that could increase or accelerate those obligations presented. The amounts presented include contractual principal and interest based on stated rates in effect at December 31, 2004. See the “Liquidity and Capital Resources” section of MD&A for a detailed discussion of the Company’s long-ter...
47
10K
4920
941
The combined ratio in the Other States decreased by 6.6 points for the twelve months ended December 31, 2013, primarily due to decreases in the loss and LAE ratios in Georgia, Nevada and Pennsylvania. We have raised rates and tightened underwriting restrictions in these states in order to improve their profitability.
51
10K
AvivaPLC-AR_2007
813
While we are exploring new markets in the region, we are also focusing on achieving our full potential in our existing businesses, particularly those where we have just begun operations.
30
annual_report
2965
668
Litigation and Legal Accruals. We are subject to various claims and other litigation in the ordinary course of business. Such litigation includes, but is not limited to, claims of medical malpractice, claims for coverage or payment for medical services rendered to HMO members and claims by providers for payment for med...
212
10K
5004
1,197
Any change in our estimate of net ultimate losses for prior years is reflected in net income in the period in which such changes are made. Over the past several years such changes reduced our estimate of net ultimate losses, resulting in a reduction of reported losses for the period and a corresponding increase in cons...
58
10K
2529
5,635
Consolidated Statements of Cash Flows for the years ended December 31, 2004, 2003 (Restated), and 2002 (Restated).
17
10K
NatwestGroupPLC-AR_2012
1,755
Stress testing forms part of the Group's risk and capital management framework and is a major component of the Basel III requirements. It highlights to senior management potential unexpected adverse outcomes related to a mixture of risks and provides an indication of how much capital might be required to absorb losses ...
154
annual_report
5730
606
Reinsurance receivables related to paid losses are presented at unpaid balances. Reinsurance receivables related to unpaid losses are estimated in a manner consistent with claim and claim adjustment expense reserves or future policy benefit reserves. Reinsurance receivables are reported net of an allowance for uncollec...
98
10K