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4571
554
The principal executive offices of the Company are located in the Old Republic Building in Chicago, Illinois. This Company-owned building contains 151,000 square feet of floor space of which approximately 52% is occupied by Old Republic, and the remainder is leased to others. In addition to its Chicago building, the Co...
172
10K
3704
4,540
The Pooled Companies, which are not subject to the Department’s 2004 Order, paid dividends of $4.0 million to PMA Capital Corporation in 2008. The Pooled Companies did not pay dividends to PMA Capital Corporation in 2007 or 2006.
38
10K
NatixisSA-AR_2014
3,367
Liquidity risk is controlled, managed and monitored as follows: V management of each business line’s funding needs: to manage the bank’s refinancing needs, liquidity budgets are allocated for each business line as part of the budgetary procedure and approved by the ALM Committee. Funding needs is monitored weekly for W...
308
annual_report
PhoenixGroupHoldingsPLC-AR_2013
2,056
It has been assumed that post-retirement mortality is in line with 90% of S1PXA base tables with future longevity improvements in line with CMI 2012 Core Projections and a long-term rate of improvement of 2% p.a. up to and including age 75 then decreasing linearly to 0% at age 110. Under these assumptions, the average ...
81
annual_report
NatixisSA-AR_2003
1,418
Natexis Assurances NBI totaled EUR152 million, compared to EUR129 million in 2002 (+ 17%). Of this income, 64% comprises remuneration on life-insurance assets under management, which increased 24% over the period.
31
annual_report
AvivaPLC-AR_2016
1,819
` Subject to performance (TSR and ROE) and two year post vest holding
13
annual_report
5632
922
In January 2016, the FASB issued new accounting guidance on recognition and measurement of financial assets and financial liabilities. The amendments in the new guidance make targeted improvements, which include the requirement to measure equity investments with readily determinable fair values at fair value through ne...
181
10K
1916
481
In 2002, segment operating expenses were $68,000 higher than in 2001. Decreases of $150,000 in interest expense and $332,000 in depreciation and amortization charges were offset by a $550,000 increase in operations, maintenance, and other expenses. This was primarily a result of professional fees related to various leg...
71
10K
AegonNV-AR_2015
5,476
Due to the nature of the insurance industry and economic environment the following key audit matters are consistent with the prior year: �� Valuation of insurance contracts and insurance contracts for account of policyholders including the design and application of complex valuation models and the economic and actuaria...
81
annual_report
fr_axa-AR_2010
7,559
Less unrealized gains and losses attributable to: Shadow accounting on policyholders’ participation (5,801) (5,685)
14
annual_report
4652
2,086
On an amortized cost basis, as of December 31, 2012, securities considered below investment grade based on lowest of external rating agency ratings, totaled $11.0 billion, or 5% of the total fixed maturities, and include securities considered high or highest quality by the NAIC based on the rules described above.
50
10K
AvivaPLC-AR_2017
6,353
Investec American Fund OEIC 24 61 Conduit Street London W1S 2GB
11
annual_report
AssicurazioniGeneraliSpA-AR_2016
2,045
For the liabilities, the fair value is represented by the price that would be paid to transfer a liability in an orderly transaction in the principal (or most advantageous) market at the measurement date under current market conditions (ie an exit price).
42
annual_report
4864
1,725
The corporate bonds category has gross unrealized losses greater than twelve months of $62.7 million as of December 31, 2014. The aggregate decline in market value of these securities was deemed temporary due to positive factors supporting the recoverability of the respective investments. Positive factors considered in...
68
10K
RSAInsuranceGroupPLC-AR_2015
2,654
Movement in property revaluation net of tax – 7 – 7 – – 7 – 7
16
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008
3,250
ERGO Daum Direct Auto Insurance Co. Ltd., Seoul 61.55% 15,616 3,626
11
annual_report
TrygAS-AR_2008
2,106
In addition, expenses have been incurred for the Group’s Internal Audit Department.
12
annual_report
LloydsBankingGroupPLC-AR_2011
1,288
For example, more than 150 homes were flooded in Sutton Coldfield in Birmingham last November when a water main at nearby Barr Beacon reservoir burst.
25
annual_report
fr_axa-AR_2016
9,190
This decrease is due to several business disposals in different countries.
11
annual_report
4557
3,946
The table below summarizes the actual weighted average allocation of the fair value of total plan assets by asset class at December 31 for the years indicated and the approved target allocation by major asset class at December 31, 2012 for the Invested Plans:
44
10K
2741
10,154
In the fourth quarter 2003, the Company reduced aviation loss reserves related to the September 11 event by $197.0 million. This reduction was due to higher than expected levels of participation (97%) in the September 11 Victim Compensation Fund, a no-fault compensation scheme funded by the U.S. Government which closed...
70
10K
3589
1,355
Short-term Investments: Carrying amounts for short-term investments, which generally consist of investment-grade corporate commercial paper, U.S. Treasury bills, and bank term deposits, approximate fair value.
25
10K
4847
1,916
As of December 31, 2013 and 2012, CNA has ceded $1.1 billion of claim and claim adjustment expense reserves, future policy benefits and policyholders’ funds as a result of business operations sold in prior years. Subject to certain exceptions, the purchasers assumed the third party reinsurance credit risk of the sold b...
52
10K
4323
1,292
For the years ended December 31, 2010 and 2009, the application of market standard valuation techniques applied to similar assets and liabilities has been consistent.
25
10K
LloydsBankingGroupPLC-AR_2018
5,398
Exchange and other adjustments – – – – – 6 6 1 Financial assets at fair value through other comprehensive income (2017: available‑for‑sale financial assets).
25
annual_report
de_allianz-AR_2015
2,769
As of 31 December 2015, the indemnification contracts amount to € 89 mn (2014: € 108 mn), which are almost entirely due after five years. No collateral was held. Nearly all customers of the indemnification contracts have an external credit rating of A.
43
annual_report
RSAInsuranceGroupPLC-AR_2011
365
With the action we are taking, I’m confident that the UK and Western Europe will come to deliver greater levels of profitability.
22
annual_report
fr_axa-AR_2001
4,796
ASSETS ALLOCATED TO UK “WITH-PROFIT” CONTRACTS The assets supporting the UK “with-profit” contracts consist primarily of fixed maturity and equity securities.
21
annual_report
5083
1,670
Performance share awards and the estimated fair value of the awards at grant date are as follows:
17
10K
3211
544
All of the financial information presented in this Item 7 has been adjusted to reflect the restatement of the Company’s financial results, which is more fully described in the “Explanatory Note” immediately preceding Part I, Item 1 and in Note 3, “Restatement of Consolidated Financial Statements” of the Notes to Consol...
220
10K
fr_axa-AR_2007
3,833
In 2007, the €105 million increase in VBI following new subsidiaries’ acquisitions related to AXA-MPS Vita and Danni, and the impact of other changes was due to the Netherlands operations disposal (€238 million).
33
annual_report
4703
2,262
The RDE is included as part of the Company's overall reserve requirement as defined and disclosed in the Critical Accounting Policies and Estimates section.
24
10K
StorebrandASA-AR_2013
2,392
Storebrand's employees in Norway have both a defined contribution pension scheme and a defined benefit pension scheme that have been established in Storebrand Livsforsikring AS. From 1 January 2011 the defined benefit scheme was closed to new members. At the same date a defined contribution pension scheme was establish...
194
annual_report
PhoenixGroupHoldingsPLC-AR_2018
1,171
I am pleased that several members of our Board have current or recent FTSE 100 financial services Board experience – Alastair Barbour (our Senior Independent Director and Audit Committee Chair), John Pollock (our Risk Committee Chair), Barry O’Dwyer, Karen Green and Belinda Richards as well as myself�
47
annual_report
SwissReAG-AR_2015
2,576
Gross amounts of recognised financial liabilities Collateral set off in the balance sheet
13
annual_report
713
225
- An additional $3,661,000 or 36% reduction in base operating expenses as a result of the following:
17
10K
939
537
(2) All share and per-share data for prior periods have been restated to reflect the stock split. See note 1 of Notes to Consolidated Financial Statements set forth on page herein.
31
10K
5616
1,466
Net premiums and policy fees decreased $46.9 million, or 5.6%, for the year ended December 31, 2017, as compared to the year ended December 31, 2016, primarily due to the expected runoff of the in-force blocks of business. Net investment income decreased $12.1 million, or 1.6%, for the year ended December 31, 2017, as ...
62
10K
ch_zurich_insurance_group-AR_2008
1,068
Sensitivities analysis for General Insurance risk The following table shows the sensitivity of net income before tax and the sensitivity of net assets, using the Group actual income tax rate, as a result of adverse development in the net loss ratio by one percentage point. Such an increase could arise from either highe...
164
annual_report
gb_prudential-AR_2013
719
The costs we have incurred in writing new business and maintaining the in-force life businesses have also increased but at a more modest rate than total income, highlighting the advantages of increased scale as we build out our business, while maintaining control of costs.
44
annual_report
4083
1,084
The following table summarizes information regarding the sales of fixed maturity investments classified as available-for-sale for the years ended December 31, 2009, 2008 and 2007:
25
10K
399
187
Selected Financial Data appears on page 38 of the Company's 1996 Annual Report to Stockholders is incorporated herein by reference.
20
10K
4568
1,183
Short-term Borrowings. We had no short-term borrowings as of or during the year ended December 31, 2012.
17
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2015
893
Reinsurance North America 54% (55%) Europe and Latin America 10% (12%) Middle East/Africa 9% (7%) Asia-Pacific 4% (2%)
18
annual_report
RSAInsuranceGroupPLC-AR_2008
29
WE ARE THE UK’S LARGEST COMMERCIAL INSURER AND THIRD LARGEST PERSONAL LINES INSURER.
13
annual_report
NatwestGroupPLC-AR_2013
908
The Committee reviewed the preparations underway to ensure compliance with the new best practice principles that had been defined by the Basel Committee of Banking Supervision (BCBS) for internal risk reporting and data aggregation practices, which would be effective in 2016. Consideration was given to how these requir...
118
annual_report
gb_lloyds_banking_grp-AR_2015
1,638
Lord Blackwell 11 11 Alan Dickinson3 2 2 Dyfrig John 11 11 Sara Weller 11 11 Former members who served during 2015
22
annual_report
gb_prudential-AR_2016
6,291
— The lower 2016 insurance margin mainly reflects the more positive experience variance seen in 2015 compared to 2016, together with the fall in annual mortality profits following the extension of our longevity reinsurance programme in 2015 and 2016.
39
annual_report
AdmiralGroupPLC-AR_2015
1,489
Through stress and scenario testing and reverse stress testing, considered in-depth analysis of a number of the Group’s most significant risk areas, including the potential default of a reinsurer.
29
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2015
2,303
No deferred taxes were posted for temporary differences of €57m (54m) in connection with investments in subsidiaries and associates, also referred to as outside basis differences.
26
annual_report
fr_axa-AR_2016
7,157
(a) The contribution of discontinued United Kingdom Life & Savings operations is reclassifi ed on a separate line of Statement of Income and reclassifi cation of the International Insurance activity in Life & Savings and Property & Casualty segments in order to present a comparable basis.
46
annual_report
5019
1,878
net income of $101.5 million. See "Results of Operations - Net Income" on page 67 for a discussion of the Company’s net income for the year ended December 31, 2014;
30
10K
355
198
Citizens Insurance owns its home office, located at 645 W. Grand River, Howell, Michigan, which is approximately 119,000 square feet. Citizens also owns a three-building complex located at 808 North Highlander Way, Howell, Michigan, with 155,000 square feet, where various business operations are conducted.
44
10K
AvivaPLC-AR_2005
95
On an IFRS basis, the group operating profit before tax was £2,128 million (2004: £1,669 million). The group delivered an overall profit before tax attributable to shareholders of £2,528 million (2004: £1,642 million).
33
annual_report
2510
1,305
To illustrate the impact of these assumptions on annual pension expense for 2005 and going forward, a 25 basis point change in the discount rate will increase/decrease pension expense by approximately $13 and a 25 basis point change in the long-term asset return assumption will increase/decrease pension expense by appr...
51
10K
1943
1,026
Results of Operations-Year Ended December 31, 2001 Compared to the Year Ended
12
10K
5753
502
We have increased revenues every year from 1993 to 2019, with the exception of 2009, when our revenues declined 1.0%. Our revenues grew from $95.6 million in 1993 to $2.4 billion in 2019, reflecting a compound annual growth rate of 13.2%. In the same 26-year period, we increased net income from $8.1 million to $398.5 m...
65
10K
AssicurazioniGeneraliSpA-AR_2016
55
The report complies with prevailing regulations and the principles of the International <IR> Framework issued by the International Integrated Reporting Council (IIRC).
22
annual_report
AdmiralGroupPLC-AR_2017
1,887
Non-monetary items measured at cost are translated at their historic rate and non-monetary items held at fair value are translated using the foreign exchange rate on the date that the fair value was established.
34
annual_report
PhoenixGroupHoldingsPLC-AR_2009
157
Management services The management services operations ensure the life companies benefit from economies of scale, established outsourcer relationships and innovative integrated technology infrastructure.
23
annual_report
3704
3,892
See Note 14 for information regarding the Company’s categorization of the fair value of its fixed maturities.
17
10K
1510
265
Pursuant to an agreement among the Company, one of the non-affiliated underwriters of the insurance policies administered by the Company and its managing agent, a specified amount is required to be deposited into an escrow account for each contract sold by the Company and underwritten by such insurer. These funds held ...
174
10K
StorebrandASA-AR_2011
369
Storebrand’s new energy efficient head office gains a lot of attention.
11
annual_report
4325
1,462
$0.2 million are AAA, $2.9 million are AA, $2.0 million are A, $7.4 million are BBB or below
18
10K
1825
471
All schedules for which provision is made in the applicable accounting regulation of the Securities and Exchange Commission are not required under the related instructions or are inapplicable and therefore have been omitted.
33
10K
2251
883
Corporate and Other Segment. The following table presents certain summary financial data relating to the Corporate and Other Segment for the periods indicated.
23
10K
3288
1,173
•U.S. revenue decreased $51 million in 2007, primarily due to reduced outsourcing business triggered by the loss of revenue from AT&T (see above), partially offset by organic revenue growth in Consulting Services and a $5 million gain on the sale of an investment.
43
10K
NatixisSA-AR_2005
3,013
Accrued interest receivable 4 3 7 Non-performing loans - - -
11
annual_report
5911
414
Yields from cash and cash equivalents, short-term investments and the available-for-sale debt portfolio are dependent on future market forces, monetary policy and interest rate policy from the Federal Reserve. The Federal Reserve has broadly been lowering and maintaining lower interest rates, which has impacted the eff...
119
10K
1927
583
The year ended December 31, 2002 includes Professionals Group activity for the entire period, while the year ended December 31, 2001 includes Professionals Group activity only since June 27, 2001. Thus, when the two periods are compared, significant variances are created because 2001 operating results do not include Pr...
59
10K
HannoverRueckSE-AR_2011
3,782
The cumulative other comprehensive income of –EUR 23.1 million arising out of the currency translation of the assets and liabilities belonging to the disposal group was realised in the context of deconsolidation. Profits from the measurement of available-for-sale financial assets were realised in an amount of EUR 5.2 m...
58
annual_report
1773
650
(c) Operating income is commonly used as a meaningful measure of reporting results as a supplemental disclosure to net income. Operating income is not a GAAP measure of performance and may not be comparable to similarly titled measures used by other companies. Operating income represents net income before 1) extraordin...
84
10K
2297
775
Operating results for 2001 were negatively impacted relative to 2003 and 2002 due to goodwill amortization of $21.2 million, which included a $5.4 million write-down of goodwill related to the Company’s Argentinean operation. See previous discussion under “Other Segment Operating Results.”
41
10K
2793
630
The Company does not expect to make contributions to its pension plan during the year ended December 31, 2006.
19
10K
LloydsBankingGroupPLC-AR_2020
1,256
– Recruitment and retention of customers and colleagues dependent on the Group's response to evolving societal expectations
17
annual_report
gb_prudential-AR_2002
330
Shareholders’ Borrowings and Financial Flexibility As a result of the holding company’s net funds outflow of £130 million and exchange translation gains of £37 million, net core borrowings at 31 December 2002 were £2,226 million, compared to £2,133 million at 31 December 2001.
43
annual_report
fr_axa-AR_2006
1,896
AXA SA’s assets account for most of the assets of Group holding companies.
13
annual_report
4195
992
We amortize deferred policy acquisition and other costs over the expected lives of the contracts based on the level and timing of gross profits on the underlying product. In calculating gross profits, we consider mortality, persistency, and other elements as well as rates of return on investments associated with these ...
149
10K
3886
697
As the Company is responsible for the determination of fair value, we perform monthly quantitative and qualitative analysis on the prices received from third parties to determine whether the prices are reasonable estimates of fair value. The Company's analysis includes: (i) a review of the methodology used by third par...
114
10K
4513
927
Launch our new variable annuity product and produce $250.0 in combined sales of our variable annuity and FIA product, and other products launched since 2011; and
26
10K
fr_axa-AR_2004
2,243
In order to further protect the Group balance sheet exposure to the USD, an additional $1.950 billion economic hedges have been implemented in the first half year 2005, through Cross Currency Swaps.
32
annual_report
de_allianz-AR_2003
1,466
(675) million euros. On the one hand, this item includes writeoffs, with 714 million euros relating to write-downs on financial assets. On the other hand, it encompasses restructuring expenses of 892 million euros, with the “Neue Dresdner” program accounting for 380 million euros of this amount.
46
annual_report
HelvetiaHoldingAG-AR_2003
537
received in 2003 a total in fixed remuneration (incl. expense stipulations, children’s-/education allowances and anniversary bonus) of CHF 2890248 and variable compensations for the business year
26
annual_report
2425
1,270
the Company’s previous assessment of these claims, the number and outcome of direct actions against the Company and future developments pertaining to the Company’s ability to recover reinsurance for asbestos and environmental claims. In addition, the Company sees, as an emerging trend, an increase in the Company’s asbe...
243
10K
5160
684
We calculate the nonperformance risk adjustment as the change in the embedded derivative discounted at the risk-adjusted rate (which includes our own credit spread to the extent that the embedded derivative is in-the-money) less the change in the embedded derivative discounted at the risk-free rate. The aforementioned ...
134
10K
AvivaPLC-AR_2007
1,091
In a continued effort to create a strong annual feedback mechanism for employees’, we carried out our global employee climate survey for the third consecutive year. We had a strong overall participation rate of 70% (2006: 66%) with four business units achieving a 100% participation. The results showed improvement on al...
67
annual_report
ch_zurich_insurance_group-AR_2007
2,527
Pledged assets The majority of assets pledged to secure the Group’s liabilities relates to debt securities pledged under shortterm sale and repurchase agreements. The total amount of pledged financial assets including the securities under short-term sale and repurchase agreements amounted to USD 5,251 million and USD 6...
50
annual_report
Sampoplc-AR_2009
1,359
Change in liabilities for insurance and investment contracts in total, net -600 681
13
annual_report
TrygAS-AR_2016
1,209
Liquidity risk Maturity of the Group’s financial obligations including interest 2016 0-1 years 1-5 years > 5 years Total
19
annual_report
3713
798
How derivative instruments and related hedged items are accounted for under FAS 133 and its related interpretations; and
18
10K
SwissReAG-AR_2020
3,980
Total 43 183 4 127 –92 47 218 Corporate debt securities 27 538 3 084 –35 30 587 Mortgage- and asset-backed securities 3 141 157 –22 –1 3 275
29
annual_report
3678
747
We derived expected payment patterns separately for the direct loss and ALAE reserves. Amounts included the STFC Pooled Companies net additional share of transactions assumed from State Auto Mutual through the Pooling Arrangement. For a reconciliation of management’s best estimate, see “Loss and Loss Expense Reserves” ...
110
10K
fr_axa-AR_2009
10,137
COLISÉE RE (ex AXA RE) 319 195 100.00% 843 40, rue du Colisée 75008 PARIS
15
annual_report
StorebrandASA-AR_2005
2,098
Storebrand ASA Head office: Filipstad Brygge 1 P O Box 1380 Vika No-0114 Oslo Norway Tel: +47 22 31 50 50 www.storebrand.no
22
annual_report
Sampoplc-AR_2013
229
• Member of the Board of Directors of Sampo plc since 7 April 2004. • Vuoria holds 35,804 Sampo plc shares directly or through a controlled company.
27
annual_report
AegonNV-AR_2017
47
Presentation of certain information References to the 'NYSE' are to the New York Stock Exchange and references to the ‘SEC’ are to the US Securities and
26
annual_report
gb_prudential-AR_2015
2,350
Notes 1 The number of shares vesting include accrued dividend shares. 2 The share price used to calculate the value was the average share price for the three months up to 31 December 2015, being £15.12.
36
annual_report
4429
1,079
The major components of net realized capital gains (losses) on investments are summarized as follows:
15
10K
5822
882
i)In force written premium - the annualized premium of in force policies underwritten by us; and
16
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2003
1,316
Munich Re Group Annual Report 2003 * Adjusted owing to first-time application of ias 39 (rev. 2003).
17
annual_report