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PowszechnyZakladUbezpieczenSA-AR_2020
2,180
These criteria include a Regulatory Review and Evaluation (BION) assessment (i.e. risk assessment) and the coverage of a specific capital requirement on a standalone (unconsolidated) basis. Moreover, a company intending to disburse a dividend must not have experienced a situation involving a shortage of own funds to co...
55
annual_report
StandardLifeAberdeenPLC-AR_2009
1,344
Other movements in non-controlling interests in the year - - - - - 26 26 88 www.standardlife.com
17
annual_report
NatwestGroupPLC-AR_2016
4,018
Liquidity and funding risk continued The table below shows RBS's principal funding sources. 2016 2015
15
annual_report
NatixisSA-AR_2019
8,908
We tested the key controls that we deemed relevant to our audit, including those relating to: the validation and periodic review, by the Risk division, of valuationV models and related adjustments; the independent verification of valuation inputs;V
37
annual_report
ch_zurich_insurance_group-AR_2019
1,172
Zurich Insurance Group Ltd will hold its Annual General Meeting on April 1, 2020. The meeting will be held at the Hallenstadion in Zurich-Oerlikon. An invitation setting out the agenda for this meeting and an explanation of the proposed resolutions is issued to shareholders at least 20 days before the meeting.
51
annual_report
2819
1,542
Provision for income taxes - Our effective tax rate was 29.9% in 2005, 30.5% in 2004 and 24.9% in 2003. The increase in the effective tax rate in 2004 compared with 2003 was due to the change to an underwriting profit of $472.3 from an underwriting loss of $5.9. When the profit or loss approaches zero, our permanent di...
92
10K
INGGroepNV-AR_2006
52
Insurance Europe Operates the insurance and asset management activities in Europe. Main insurance activities are in the Netherlands, Belgium, Spain, Greece and Central Europe. Here we offer life insurance with a particular focus on pensions. In the Netherlands and Belgium we also offer non-life insurance.
45
annual_report
5281
2,758
In September 2014, AFG issued $150 million in 6-1/4% Subordinated Debentures due 2054.
13
10K
4441
778
In April 2011, the FASB issued Accounting Standard Update (“ASU”) 2011-02, “Receivables (Topic 310): A Creditor’s Determination of Whether a Restructuring Is a Troubled Debt Restructuring,” which clarifies when a loan modification or restructuring is considered a troubled debt restructuring (“TDR”). In evaluating wheth...
60
10K
4851
2,179
We repositioned Prudential Financial’s capital structure through a $1.1 billion net reduction in senior notes outstanding and a $0.3 billion net increase in junior subordinated notes outstanding;
27
10K
82
280
expects to have very small cash outlays for income taxes, specifically alternative minimum tax. Until the net operating losses are fully utilized, the Company expects that cash outlays for income taxes will be less than income tax expense recorded in accordance with generally accepted accounting principles. The net ope...
57
10K
AvivaPLC-AR_2001
43
We are making progress towards the development of a world-class fund management business, and encourage sustainable development in our investment activities. We believe it is important to invest in companies that uphold sound ethical policies.
35
annual_report
fr_axa-AR_2010
10,035
Results of the AXA Group employee share offering in 2010 (12/06/2010)
11
annual_report
2717
858
The following table shows the number of unvested shares outstanding, the number of shares granted, vested and forfeited, as well as the compensation cost recognized in the Consolidated Income Statements related to these awards for each of the three years ended December 31, 2005, 2004 and 2003.
47
10K
3592
2,613
We grant share-based awards to employees and directors, including stock options, stock appreciation rights (“SARs”), restricted stock units (“RSUs”) and deferred stock units (“DSUs”) under the 2004 Genworth Financial, Inc. Omnibus Incentive Plan (“Omnibus Incentive Plan”).
36
10K
441
481
To finance the acquisition of CIC, CNA entered into a five-year $1,325.0 revolving credit facility (the "Bank Facility"). In 1996, CNA renegotiated the facility extending the maturity to May 2001. The interest rate is based on the one, two, three or six month London Interbank Offered Rate ("LIBOR"), as elected, plus 16...
77
10K
ch_zurich_insurance_group-AR_2011
704
• Farmers Management Services management fees and other related revenues decreased by USD 11 million to USD 2.8 billion, which was in line with the decrease in gross earned premiums in the Farmers Exchanges. This decrease was primarily driven by the planned run-off of the 21st Century agency auto book of business, part...
108
annual_report
4481
1,111
Intangible assets with finite useful lives are amortized over their estimated useful lives on either a straight-line basis or in proportion to the economic benefits expected to be consumed. Customer relationships acquired with the acquisitions are amortized based on projected cash flows associated with existing custome...
76
10K
2538
918
The table below sets out the differences between Canadian GAAP and U.S. GAAP that affect shareholders’ equity at December 31, 2004 and 2003:
23
10K
RaiffeisenBankInternationalAG-AR_2008
680
The total amount of securities came to € 8.9 billion at the end of the year, of which 80 per cent was invested in fi xed-income securities. Compared with the preceding year, those increased by 28 per cent, or € 1.9 billion. The securities accounted for a 10 per cent share of the balance sheet total.
56
annual_report
de_allianz-AR_2010
56
We achieved strong growth in 2010, with total revenues rising by 9.3 % to more than € 106 billion – the highest ever. Following the two crisis years of 2008 and 2009, operating profit has bounced back strongly by 17.0 % to € 8.2 billion. Net income from continuing operations increased by 12.0 % to € 5.2 billion. Overal...
77
annual_report
fr_axa-AR_2015
5,325
The Group holds financial investments that also include embedded derivatives. Such embedded derivatives are separately recorded and measured at fair value through profi t or loss if the impact is deemed material.
32
annual_report
5300
872
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Tiptree Inc.’s internal control over financial reporting as of December 31, 2016, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring...
75
10K
3130
842
cost (determined based on specific identification) as a realized investment gain or loss.
13
10K
Sampoplc-AR_1999
316
Associated Undertakings In the onsolidated Accounts, rho e companies in which the group' holding and voting right amount co 20 - 50% - with the exception of Kaleva Mutual Insurance ompany- have been inte­ grated a as iated undertakings , u ing the equity meth d. The impact of the consolidation of Kaleva Muruallnsur­ an...
108
annual_report
HiscoxLtd-AR_2019
2,349
Not later than one year 15.9 Later than one year and not later than five years 46.5 Later than five years 18.0 Total undiscounted lease liabilities at 31 December 80.4
30
annual_report
4310
2,115
Debt Repayments. During the years ended December 31, 2010, 2009 and 2008, MetLife Bank made repayments of $349 million, $497 million and $371 million, respectively, to the FHLB of NY related to long-term borrowings. During the years ended December 31, 2010, 2009 and 2008, MetLife Bank made repayments to the FHLB of NY ...
157
10K
3873
942
•$4 million in other investments (excluding venture capital). The loss recorded was the result of one mortgage loan refinancing at less favorable terms.
23
10K
4754
622
Goodwill and intangible assets with indefinite lives, which consist of licenses, are not amortized but are evaluated for impairment in the aggregate at the end of the fourth quarter of each year, or more frequently if indicators arise. If the fair value of the Company is less than its carrying amount (including goodwil...
65
10K
NatixisSA-AR_2011
8,001
In order to carry out a capital increase, through the issue – with preferential subscription rights maintained –
18
annual_report
4534
2,044
The GSEs and state insurance regulators impose various capital requirements on our insurance subsidiaries. These include risk-to-capital ratios, risk-based capital measures and surplus requirements that limit the amount of insurance that each of our insurance subsidiaries may write. Our failure to maintain adequate lev...
73
10K
2118
1,289
dividend of $100 million to the PMI Group holding company. The dividend was paid in cash of $66 million and stock of Fairbanks, as well as its limited partnership interest in Truman. The combined value of the stock of Fairbanks and Truman at time of dividend was approximately $34 million.
50
10K
fr_axa-AR_2012
3,248
(h) 3,069 units of the March 18, 2011 plan acquired by anticipation related to deceased benefi ciaries.
17
annual_report
AvivaPLC-AR_2017
4,200
Impact of changes in assumptions (7) 324 Claim losses and expenses incurred in the current year 6,890 6,703 Decrease in estimated claim losses and expenses incurred in prior periods (172) (7)
31
annual_report
2604
1,144
Statements of Cash Flows for the years ended December 31, 2004, 2003 and 2002 55
15
10K
5039
546
Investment income was $9,212,000 in 2015 compared to $6,795,000 in 2014.
11
10K
1212
282
The Year 2000 issue arose from computer programs written using two digits rather than four digits to define the applicable year. This possibly could have caused a failure of the information technology systems (IT systems) and other equipment containing imbedded technology (non-IT systems) in the year 2000. The Company ...
127
10K
AvivaPLC-AR_2018
177
£32.9 billion Paid out in benefits and claims to our customers in 2018
13
annual_report
1475
510
The Company has a stock option incentive plan for certain designated independent insurance agencies that represent the Company and its affiliates. The Company has reserved 400,000 shares of common stock under this plan. The plan provides that the options become exercisable on the first day of the calendar year followin...
206
10K
gb_prudential-AR_2013
2,456
Other structured entities The Group holds investments in mortgage-backed securities, collateral debt obligations and similar asset-backed securities that are actively traded in a liquid market. The Group is not the sponsor of the vehicles in which it holds investments and has no administrative rights over the vehicle’s...
102
annual_report
1848
347
The primary investment objectives of the Company are to generate income, preserve capital and maintain adequate liquidity for the payment of claims. Fixed maturities that are purchased with the intention and ability of holding them until maturity are categorized as held to maturity and carried at amortized cost. Fixed ...
90
10K
4663
749
For The Year Ended December 31, 2012 as compared to The Year Ended December 31, 2011
16
10K
ASRNederlandNV-AR_2016
3,349
Reclassification between categories during 2016 2016 To level 1 To level 2 To level 3 Total
16
annual_report
1973
1,476
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:
33
10K
SwissLifeHoldingAG-AR_2011
2,774
Financial result (without share of results of associates) 4 459 4 368 2.1%
13
annual_report
2556
888
The following tables provide reconciliations of the changes in the benefit obligation, fair value of plan assets and funded status of the pension and other postretirement benefit plans:
28
10K
SwissReAG-AR_1933
22
PROFIT AND LOSS ACCOUNT for the year ending 31$t December, 1933.
11
annual_report
SwissReAG-AR_2008
268
Community building With our “community building” initiatives, we support local institutions and foster employee-initiated charity projects in the communities where we operate.
22
annual_report
282
255
The majority of the real property occupied by the Company and its subsidiaries are owned or leased by ALLIED Mutual. A portion of the costs of the properties is paid by the Company and its subsidiaries. See "Relationship with ALLIED Mutual-Intercompany Operating Agreement." Management considers the properties to be ade...
121
10K
nl_ing_grp-AR_2013
2,474
Prior year provisions – benefit payments to policyholders –17,361 –16,074 –15,466 –14,919 –756 –668 –33,583 –31,661 – interest accrual and changes in
22
annual_report
3926
1,120
The qui tam litigation settlement payment had a significant impact on tax expense and the effective tax rate for 2008 due to the fact that a portion of the settlement payment is not deductible for income tax purposes. At December 31, 2008, the estimated tax benefit associated with the qui tam settlement payment was app...
124
10K
4309
997
Available-for-sale securities and trading account securities are recorded at fair value, which is primarily based on actively-traded markets where prices are based on either direct market quotes or observed transactions. Liquidity is a significant factor in the determination of the fair value for these securities. Mark...
151
10K
HannoverRueckSE-AR_2018
3,698
Burgwedel Chairman Former Chief Executive Officer of Talanx AG and HDI Haftpflichtverband der Deutschen Industrie V.a.G.
16
annual_report
3504
1,004
We generate revenues primarily from premiums and ASO fees we receive from the states in which we operate to arrange for health benefit services for our members. We receive premiums from CMS for our Medicare Advantage members. We recognize premium and ASO fee revenue during the period in which we are obligated to provid...
91
10K
BeazleyPLC-AR_2020
2,411
Claim releases The table on the next page analyses our net claims between current year claims and adjustments to prior year net claims reserves. These have been broken down by segment and underwriting year. Beazley’s reserving policy is to maintain catastrophe reserve margins either until the end of the exposure period...
71
annual_report
RaiffeisenBankInternationalAG-AR_2013
2,875
Risk-weighted assets (total risk) – Risk-weighted assets (credit risk) plus market risk and operational risk.
15
annual_report
TrygAS-AR_2010
638
Tryg has taken part in the test calculations for a standard model under Solvency II since 2005. Under QIS5, the latest official
22
annual_report
NatwestGroupPLC-AR_2011
1,677
Debt securities in issue - conduit asset backed commercial paper (ABCP) 11,164 1.6 17,320 2.3 25,583 3.1
17
annual_report
3184
718
Off-Balance Sheet Arrangements. As fully described and discussed in Note 10-Debt in the Notes to the Consolidated Financial Statements and under the subcaption Funded Debt, Torchmark had outstanding $120 million (par amount) 7.1% Trust Preferred Securities at December 31, 2006 and $150 million (par amount) 7 3/4% Trust...
200
10K
NatwestGroupPLC-AR_2013
1,611
Results summary continued Non-operating items The continuing, albeit modest, strengthening of RBS’s credit profile resulted in a £120 million accounting charge in relation to own credit adjustments versus £4,649 million in 2012.
32
annual_report
4517
1,271
For a further discussion regarding the ACA and related legislation, including a description of certain of its key provisions and the proposed timetable for their implementation, see “Item 1. Business-Government Regulation-Health Care Reform Legislation”
34
10K
PosteItalianeSpA-AR_2020
1,314
Respect implementation deadlines and procedures for activities (level of service and performance) and provide customers with a quality experience that goes beyond making use of a traditional product or service. In addition, build a relationship of trust by activating customer engagement channels to be always informed o...
63
annual_report
2292
538
Net Note Unrealized Accumu- Receivable Gains lated Total Additional From (Losses) Gain Share- Preferred Common Paid-In PLC Retained on (Loss)- Owner's (dollars in thousands) Stock Stock Capital ESOP Earnings Investments Hedging Equity -------------------------------------------------------------------------------------...
333
10K
RaiffeisenBankInternationalAG-AR_2016
1,938
Subordinated capital 0 3,565,784 406,123 3,971,907 3,641,811 330,096 1 Adaptation of previous year figures
14
annual_report
NatixisSA-AR_2020
8,539
NATIXIS INVESTMENT MANAGERS HONG KONG LIMITED Asset Management FC 100 100 100 100 Hong Kong
15
annual_report
3551
791
Management has evaluated the effectiveness of its internal control over financial reporting as of December 31, 2007, based on the control criteria established in a report entitled Internal Control - Integrated Framework, issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on such evalu...
65
10K
PowszechnyZakladUbezpieczenSA-AR_2015
1,232
2015 saw significant changes, which impacted comparability of the results and the assets and liabilities: • purchase of Baltic state companies in 2014 (subject to consolidation for the full period in 2015); • sale of PZU Lithuania in September 2015; • commencement of the consolidation of Alior Bank.
48
annual_report
4557
1,964
As part of our risk management of the GMDB business, we have been opportunistically reinsuring in-force blocks, taking advantage of favorable capital market conditions. Our approach for such treaties has been to seek coverage for the enhanced GMDB, such as the annual step-up and the roll-up and step-up combination. The...
74
10K
4475
1,245
In January 2012, the Board of Directors authorized the repurchase of up to $1.2 billion of Chubb’s common stock. The authorization has no expiration date. We expect to complete the repurchase of shares under this authorization by the end of January 2013, subject to market conditions.
46
10K
NatixisSA-AR_2006
1,523
Its investment experts and wealth management advisors support Natixis’s teams in resolving the international personal investment issues of business owners, entrepreneurs and company executives.
24
annual_report
ch_zurich_insurance_group-AR_2011
1,648
For traditional life insurance policies, interest rate assumptions can vary by country, year of issuance and product. The mortality rate assumptions are based on published mortality tables and are adjusted for actual experience by geographic area and modified to allow for variations in policy terms. The surrender assum...
83
annual_report
5033
1,344
Management does not expect the Company's total amount of unrecognized tax benefits to materially increase within the next twelve months.
20
10K
fr_axa-AR_2005
2,545
Adjusted earnings decreased by €47 million to €64 million driven by the decrease in underlying earnings partly offset by higher realized gains attributable to shareholders net of tax (€+37 million to €53 million) taking advantage of the good performance of European stock markets in 2005.
45
annual_report
4090
1,052
At December 31, 2009, the Company had available federal, state and foreign net operating loss carryforwards totaling, in aggregate, approximately $219.6 million for income tax purposes, of which $37.8 million has an indefinite expiration. The remaining $181.8 million expire at various times beginning in 2010. Available...
64
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020
75
Corporate governance and Declaration of Conformity The Supervisory Board pays close attention to good corporate governance. Together with the Board of Management, we therefore published the Declaration of Conformity pursuant to Section 161 of the German Stock Corporation Act (AktG) in November 2020. Since issuing its l...
132
annual_report
5538
1,571
Our mortgage insurance total loss reserve as a percentage of our mortgage insurance total RIF was 0.7% at December 31, 2018, compared to 1.0% at December 31, 2017 and 1.6% at December 31, 2016. See Note 11 of Notes to Consolidated Financial Statements for information regarding our reserves for losses by category and a ...
68
10K
PosteItalianeSpA-AR_2019
5,816
Direct subsidiaries of which attributable to BancoPosta RFC - 21 21 - - -
14
annual_report
GjensidigeForsikringASA-AR_2012
1,688
Financial liabilities Financial derivatives Financial derivatives at fair value through profit or loss 69.4 69.4
15
annual_report
5000
900
The $241.9 million of total revenue for the year ended December 31, 2014 was $12.2 million higher than the $229.7 million reported for 2013. This 5% increase in revenue was due to higher net premiums earned of $10.3 million due predominately to increased production discussed above. Further contributing to this increase...
69
10K
3603
513
SFAS NO. 155, ACCOUNTING FOR CERTAIN HYBRID FINANCIAL INSTRUMENTS - AN AMENDMENT OF FASB STATEMENTS NO. 133 AND 140 ("SFAS NO. 155")
22
10K
AvivaPLC-AR_2014
1,019
We measure risks on the basis of economic capital (as well as other bases if appropriate) to determine their significance, relative to the potential return and to appropriately direct resources to their management.
33
annual_report
5321
3,103
Defined as the death benefit less the total account value, as of the balance sheet date. It represents the amount of the claim that the Company would incur if death claims were filed on all contracts on the balance sheet date and includes any additional contractual claims associated with riders purchased to assist with...
60
10K
AegonNV-AR_2012
401
In February 2011, Aegon issued ordinary shares in an amount of 10% of its share capital, via an accelerated book-build offering.
21
annual_report
fr_axa-AR_2010
6,378
Additional reserves are booked if there are any adverse impacts on reserves level caused by a change in the mortality table.
21
annual_report
ASRNederlandNV-AR_2014
2,165
217a.s.r. 2014 annual report 2014 consolidated financial statements ASR Nederland N.V.
11
annual_report
5100
660
As a result, the Company recorded a full non-cash, non-tax deductible goodwill impairment charge of $514.5 million at September 30, 2015.
21
10K
PosteItalianeSpA-AR_2016
6,269
Tax liabilities other than those included in item 80 1,026 881
11
annual_report
3288
1,745
•"Customer Related and Contract Based" include client lists as well as non-compete covenants, and
14
10K
3912
1,849
(2) Includes $0.7 million of par for derivative transactions which are not CDOs.
13
10K
HannoverRueckSE-AR_2010
3,137
Domestic/foreign breakdown of recognised tax expenditure/income in eUr thousand 2010 2009
11
annual_report
fr_axa-AR_2007
3,960
Fixed maturities at fair value through profit & loss (c) 49,591 49,591 8.51% 182 182 1.11% 49,772 49,772 8.31%
19
annual_report
5039
838
In January 2016, the FASB issued Accounting Standards Update No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01). This update substantially revises standards for the recognition, measurement and presentation of financial instruments. This standard revises an entity’s acc...
129
10K
1679
524
Premiums ceded to our managed business participants increased 38.7% to $50.3 million for 2001 compared with $36.2 million for 2000. The percentage increase in premiums ceded to these programs was higher than for gross premiums written due primarily to increases in reinstatement premiums ceded in connection with the Sep...
52
10K
SwissReAG-AR_2017
1,275
Based on the internal risk model, our overall risk in terms of 99% tail value at risk (tail VaR) remained broadly stable at USD 19.7 billion in 2017 (compared to USD 19.5 billion at the end of 2016).
38
annual_report
3823
352
Cash and marketable securities increased by $5.3 million at June 30, 2008 compared to June 30, 2007 primarily due to the purchase of marketable securities.
25
10K
3982
1,319
As of December 31, 2009, the Company held retained beneficial interests of the commercial mortgage loan securitization completed during 2007 with a fair value of $738.3 million. The sensitivity of the fair value to adverse changes of 10% and 20% in the discount rate is as follows:
47
10K
4944
1,292
As of December 31, 2014 and December 31, 2013, respectively, all of our securities are in good standing and not impaired as defined by FASB issued guidance.
27
10K
StandardLifeAberdeenPLC-AR_2009
1,524
Shares issued in lieu of cash dividends 55,018,211 6 - -
11
annual_report
TrygAS-AR_2013
13
Key figures Total equity 10,979 11,107 Return on equity after tax (%) 22.1 21.5 Number of shares 31 December (1,000) 60,695 59,374 Earnings per share of 25 DKK 36.5 39.4 Net asset value per share (DKK) 180.9 187.1 Dividend per share (DKK) 26.0 27.0 a)
45
annual_report
LloydsBankingGroupPLC-AR_2012
1,760
Based on financial measures and on a balanced scorecard of non-financial measures (based on actual award value)
17
annual_report