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We receive a Settlement of Balances report from CAR that reports our share of CAR premium, losses and LAE on a lagged basis, seventy-five days after the end of every quarter. CAR-published financial data is always at least one quarter behind the financial data we report. For example, when we reported our financial resu...
95
10K
1094
644
Year Ended December 31, ----------------------- ($ in thousands) 1998 1997 1996 ---- ---- ----
14
10K
fr_axa-AR_2006
1,960
For 2007, retention of risk within the Group (borne by entities) has been extended to the general liability and marine segments. All local ceding of reinsurance is protected collectively by Group coverage and the results are retroceded to entities.
39
annual_report
StorebrandASA-AR_2011
2,129
INTANGIBLE ASSETS LINKED TO BANKING ACTIVITIES A cash flow based valuation based on the expected pre-tax result is conducted when calculating the utility value for the banking group. The calculation is based on Board approved budgets and prognoses for the coming three-year period. The prognosis assumes an improvement i...
133
annual_report
NatwestGroupPLC-AR_2020
1,861
Annual Evaluation – An internal evaluation was carried out at the GAC’s request to assess the independence and objectivity of the External Auditor and the effectiveness of the audit process during 2020. The GAC members, attendees, Finance Directors of customer businesses and functions and key members of the Finance tea...
207
annual_report
5410
608
amortization. See Item 8, Note 3 - Merger, Acquisitions and Divestitures and Note 8 - Goodwill and Other Intangible Assets.
20
10K
NatixisSA-AR_2020
3,075
As assessed at December 31, 2020, the financial consequences of litigation deemed likely to have, or which have in the recent past had, a material impact on the financial position of Natixis and/or Natixis and its consolidated subsidiaries as a whole, or on their profitability or their business, have been included in N...
56
annual_report
ScorSE-AR_2017
2,969
The net unrealized gain (loss) on equity securities as at December 31, 2017 comprised EUR 216 million in unrealized gains and EUR 20 million in unrealized losses (as at December 31, 2016: EUR 174 million in unrealized gains and EUR 28 million in unrealized losses).
45
annual_report
796
218
SELECTED FINANCIAL DATA -- YEARS ENDED 1993 THROUGH 1997 (AMOUNTS IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS.)
18
10K
NatixisSA-AR_2002
2,067
D) Investments with a carrying value equal to or less than EUR15,000 60,155.32
13
annual_report
de_allianz-AR_2004
1,560
In 2004, international HR activities focused primarily on introducing and implementing our new leadership values.
15
annual_report
5473
806
Other investments primarily consist of syndicated loans and an investment in FHLB. The fair value of syndicated loans is obtained from a third-party pricing service or non-binding broker quotes. Syndicated loans that are priced using a market approach with observable inputs are classified as Level 2 and syndicated loan...
96
10K
5711
1,065
There were no transfers between Level 1 and Level 2 during the years ended December 31, 2019, 2018, and 2017.
20
10K
268
194
Reference is made to pages 38 and 39 of Zenith's 1995 Annual Report to Stockholders for information setting forth the loss and loss adjustment expense liability development for 1985 through 1995 and page 9 of Zenith's 1995 Annual Report to Stockholders for incurred loss and loss adjustment expense development for 1990 ...
82
10K
5501
4,135
In December 2015 and 2014, the Company accrued capital contributions from MetLife, Inc. of $120 million and $385 million, respectively, in premiums, reinsurance and other receivables and shareholder’s net investment, which were settled for cash in 2016 and 2015, respectively.
40
10K
3774
1,448
Determination of Current Exit Value Premium: The estimation of the current exit value premium is derived using a unique credit-spread algorithm for each defined CDS category that utilizes various publicly available credit indices, depending on the types of assets referenced by the CDS contract and the duration of the c...
181
10K
4138
532
We classify all of our investments as available-for-sale. Our investments at December 31, 2009 and 2008, consist mainly of U.S. government and agency securities and securities of high-quality corporate issuers. Most of the corporate bonds we hold were issued by companies in the energy, consumer products, healthcare, te...
111
10K
StorebrandASA-AR_2002
1,424
Loans and deposits from financial institutions on demand or with no fixed maturity 7.5 7.5 6.1 13.8
17
annual_report
AegonNV-AR_2016
3,756
Within the Banking sub-sector, Aegon holds EUR 750 million (December 31, 2015: EUR 1,053 million) of deeply subordinated securities with deferrable coupons that have an associated unrealized loss of EUR 93 million (December 31, 2015 EUR 119 million).
38
annual_report
fr_axa-AR_2013
3,426
Performance Shares generally result in less shareholder dilution than stock options, due to the smaller volume of the grant and the possibility to deliver existing shares, this choice being the one made up to 2013.
35
annual_report
HelvetiaHoldingAG-AR_2006
690
Interest and dividend income 7.1.1 704.4 675.7 Gains and losses on investments (net) 7.1.3 290.9 506.9 Income on investment property 7.1.4 186.4 189.1 Other income 89.4 98.8
27
annual_report
3574
1,510
(1)During December 2006, AGUS purchased 5,692,599 common shares of the Company from ACE.
13
10K
2741
5,287
For further information see “- Other Revenues and Expenses” and Item 8, Note 23 to the Consolidated Financial Statements.
19
10K
2076
975
On March 6, 2003, CFC received an offer from Berkadia Equity Holdings, L.L.C. ("Berkadia") that purported to be a bid in the recently concluded auction. Concurrently therewith, Berkadia filed an objection to the sale that the Bankruptcy Court heard, and summarily dismissed, on March 7, 2003. After further negotiations ...
238
10K
NatixisSA-AR_2018
1,764
Approval of the variable compensation factors for 2017 after assessing the degree to which the a quantitative criteria and strategic objectives of the annual variable compensation of executive corporate officers were met and validation of the compensation principles for fiscal year 2018 (from January 1 to May 31, 2018)...
63
annual_report
HiscoxLtd-AR_2020
513
Financial reporting We report to the market on Company performance four times per year, which provides shareholders with a quarter-by-quarter overview of business performance and trading conditions. These are published on our corporate website, and available as an email alert for subscribers.
42
annual_report
4359
922
In connection with the Company's long-term outsourcing service agreements, highly customized implementation efforts are often necessary to set up clients and their human resource or benefit programs on the Company's systems and operating processes. For outsourcing services sold separately or accounted for as a separate...
69
10K
fr_axa-AR_2016
1,295
(a) Before intercompany eliminations. Gross Revenues amounted to €5,161 million net of intercompany eliminations as of December 31, 2016.
19
annual_report
gb_prudential-AR_2005
4,451
■ acquired 100 per cent of the voting equity interests of Edotech (Edotech), a UK business services company, in March 2004.
21
annual_report
767
384
(5) The historical ratios of earnings to fixed charges were determined by dividing consolidated earnings by total fixed charges. For purposes of these computations (i) earnings consist of consolidated income before considering income taxes, fixed charges and minority interest and (ii) fixed charges consist of interest ...
90
10K
NatixisSA-AR_2003
4,342
CDC FINANCE – CDC IXIS SA F Member of Supervisory Board
11
annual_report
5911
432
During the year ended December 31, 2020, there were a significant number of storms including Hurricane Sally compared to prior years which in the aggregate exceeded core loss ratio expectations. The number of adverse weather events and resulting claims during the fourth quarter exceeded weather event claims reported du...
158
10K
4370
3,422
•Other Invested Assets: The majority of Other invested assets that are not measured at fair value represent investments in life settlement contracts. The fair value of life settlement contracts included in Other invested assets is determined on a discounted cash flow basis, incorporating current life expectancy assumpt...
47
10K
NatixisSA-AR_2018
358
Total revenue from direct sales climbed 1.3% relative to 2017, to €10.5 billion, driven by the Caisse d’Epargne network, strong momentum in personal protection insurance, and healthy trends in payment protection insurance. Assets under management were up 9.8% to €60.1 billion. Revenue from the personal protection insur...
64
annual_report
fr_axa-AR_2014
970
APE increased by €153 million (+11%) to €1,584 million: ■ Unit-Linked sales (18% of APE) rose by €10 million (+4%)
20
annual_report
4182
1,422
Columbus Bank & Trust Lines of Credit - On November 30, 2010, Columbus Bank & Trust, a division of Synovus Bank, entered into a joinder agreement to the revolving credit facility and became a new lender under the revolving credit facility with a revolving commitment of $20.0 million, bearing interest at 6.00%, maturing...
101
10K
AssicurazioniGeneraliSpA-AR_2018
847
The reinsurance disposals are structured on the basis of a detailed risk analysis which allows for the definition, for each class of business, of the type of structure, the retention level and the reinsurance capacity necessary to mitigate the exposure to risks and events, the latter intended as arising from the accumu...
61
annual_report
5687
1,851
Net cash provided by financing activities for the eleven months ended November 30, 2018 was $28.6 million and included $81.3 million of borrowings from the White Eagle Revolving Credit Facility offset by $52.7 million in repayment of borrowings under the White Eagle Revolving Credit Facility.
45
10K
RSAInsuranceGroupPLC-AR_2019
496
· Underlying earnings per share (excluding exits) of 44.5p, underlying earnings per share (including exits) of 39.4p (2018: 34.1p).
19
annual_report
2392
1,926
At December 31, 2004, the fair value of AIG’s fixed maturities and equity securities aggregated to $384.0 billion. At December 31, 2004, aggregate unrealized gains after taxes for fixed maturity and equity securities were $11.5 billion. At December 31, 2004, the aggregate unrealized losses after taxes of fixed maturity...
56
10K
5788
922
Net premiums increased by $23 million, or 11.8%, in 2019. The increase in net premiums was due to higher new business volumes of closed longevity business. Foreign currency exchange fluctuations resulted in a decrease in net premiums of $10 million in 2019.
42
10K
gb_prudential-AR_2010
3,366
The returns as shown in the table above, are delineated between those returns allocated to policyholders and those allocated to shareholders. In making this distinction, returns allocated to policyholders are those from investments in which shareholders have no direct economic interest, namely: • unit-linked business i...
104
annual_report
LloydsBankingGroupPLC-AR_2018
2,592
Purpose and link to strategy To incentivise and reward the achievement of the Group’s annual financial and strategic targets whilst supporting the delivery of long-term superior and sustainable returns.
29
annual_report
PowszechnyZakladUbezpieczenSA-AR_2017
331
The mere firing up of a motorbike gives me pleasure. I love that sound, the velocity, crossing barriers, setting goals for myself and gaining even better skills. It’s not important where I go, but who accompanies me.
37
annual_report
2165
314
The major components of operating cash flows are premiums and investment income while policy benefits are the most significant cash outflow. In 2003, BNLAC collected approximately $40.2 million of premiums and annuity deposits (gross before reinsurance) and $970,382 of investment income. Another source of cash flow in ...
71
10K
5077
1,987
As of December 31, 2015 and 2014, $9.1 billion and $8.0 billion, respectively, of the insurance-related liabilities for Prudential of Japan are associated with U.S. dollar-denominated products that are coinsured to our domestic insurance operations and supported by U.S. dollar-denominated assets.
41
10K
3881
723
Specialty Lines averaged rate decreases of 3% for 2007, as compared to decreases of 1% for 2006 for the contracts that renewed during those periods. Retention rates of 83% and 85% were achieved for those contracts that were up for renewal in each period.
44
10K
4199
1,522
The following table presents our net premiums earned by segment and line of business:
14
10K
3638
1,084
For the years ended December 31, 2007 and 2006, gross property catastrophe premiums written were $378.7 million and $219.1 million, respectively. The $159.6 million (72.8%) increase in property catastrophe premiums written during 2007 was primarily due to the increased participation on programs from our existing client...
62
10K
gb_prudential-AR_2012
242
2012 has seen Prudential continue to build on the positive momentum of recent years, with a strong fi nancial performance that included two of our 2013 ‘Growth and Cash’ fi nancial objectives being exceeded and continued progress towards the rest. This performance refl ects good contributions across our key fi nancial ...
134
annual_report
5344
1,135
Favorable development on prior years’ loss reserves was $94.3 million for the year ended December 31, 2015, compared to $99.1 million for the year ended December 31, 2014, a decrease of $4.8 million.
33
10K
4546
714
the related brands, the appropriate royalty rate and the weighted average cost of capital. As a result of decisions made by management during the fourth quarter of fiscal year 2011 regarding entity-wide branding initiatives, the Company recognized a non-cash, pre-tax impairment charge of $1.6 million related to trade n...
73
10K
LloydsBankingGroupPLC-AR_2014
2,748
Derivative assets and liabilities are held for three main purposes; to provide risk management solutions for clients, to manage portfolio risks arising from client business and to manage and hedge the Group’s own risks. The majority of derivatives exposure arises within Financial Markets.
43
annual_report
4326
801
Depreciation and amortization of property and equipment was $831,159, $490,059 and $480,313 during 2010, 2009 and 2008, respectively.
18
10K
912
330
In February 1997, PacifiCare's board of directors approved a change in our fiscal year end from September 30 to December 31. This resulted in a transition period for October 1, 1996 through December 31, 1996. The following selected financial and operating data are derived from our audited consolidated financial stateme...
95
10K
4310
2,354
Financial Statement Schedules at December 31, 2010 and 2009 and for the Years Ended December 31, 2010, 2009, and 2008:
20
10K
Sampoplc-AR_2006
473
Cost efficiency continued to improve and the cost ratio decreased to 24.0 per cent for full year 2006 (24.3). Nominal costs amounted to EUR 936 million (931). As stated in January–September 2006 interim report, there was variability in costs between quarters due to some IT investments and marketing campaigns being dela...
72
annual_report
AegonNV-AR_2019
5,433
Realized gains and losses on financial investments 10 399 (92) 431
11
annual_report
4064
1,433
Management evaluates the results of the aforementioned segments on a pre-tax basis. Segment income excludes certain items which are included in net income, such as federal income taxes and net realized investment gains and losses, because fluctuations in these gains and losses are determined by interest rates, financia...
152
10K
2384
1,399
Preferred Stock-The PMI Group’s certificate of incorporation authorizes the Board of Directors to issue up to 5,000,000 shares of preferred stock of The PMI Group in classes or series and to set the designations, preferences, qualifications, limitations or restrictions of any class or series with respect to the rate an...
71
10K
AvivaPLC-AR_2016
71
L I V I N G L E G E N D S A W A R D S
19
annual_report
5190
617
Commissions to agents/brokers (not including commissions on Crusader policies that are reflected in policy acquisition costs) are generally related to gross commission income from the health insurance program and the daily automobile rental insurance program. Commissions to agents and brokers decreased $5,096 (3%) for ...
122
10K
PowszechnyZakladUbezpieczenSA-AR_2012
668
Written premium by payment type – group and individually continued insurance
11
annual_report
4983
873
Funds withheld at interest comprised approximately 15.4% and 17.3% of the Company’s cash and invested assets as of December 31, 2014 and 2013, respectively. For reinsurance agreements written on a modified coinsurance basis and certain agreements written on a coinsurance basis, assets equal to the net statutory reserve...
159
10K
5851
15,430
 Acquisitions: We include acquisitions from all accident years presented in the tables. For purposes of this disclosure, we have applied the retrospective method for the acquired reserves, including incurred and paid claim development histories throughout the relevant tables. It should be noted that historical reserve...
94
10K
4778
967
Off-Balance Sheet Arrangements. We do not engage in off-balance sheet activities other than facility and equipment leasing arrangements. On June 29, 2004 we entered into an off-balance sheet financing arrangement (commonly referred to as a “synthetic lease”). The owner/lessor in this arrangement acquired land and vario...
251
10K
PowszechnyZakladUbezpieczenSA-AR_2011
987
A properly convened General Meeting is valid, regardless of the number of present shareholders or shares represented during the meeting.
20
annual_report
TrygAS-AR_2019
957
Please refer to note 12 and 23 regarding lease recognised costs according to IFRS 16.
15
annual_report
PowszechnyZakladUbezpieczenSA-AR_2014
2,797
Adjusting the rate of PZU Życie calculated according to IFRS to the PAS level x x (390.1) x x
19
annual_report
NatwestGroupPLC-AR_2004
219
� ��� Pendragon Pendragon is the UK’s leading motor vehicle retailer. Selling a wide range of marques from Porsche to Ford, it turned to our Midlands Corporate Banking team as Joint Mandated Lead Arranger for a £450 million Syndicated Facility.
40
annual_report
3835
1,390
The total capital and surplus positions of RCM, RGA Reinsurance and RGA Canada exceed the risk-based capital requirements of the applicable regulatory bodies. RCM and RGA Reinsurance are subject to Missouri statutory provisions that restrict the payment of dividends. They may not pay dividends in any 12-month period in...
132
10K
NatixisSA-AR_2019
11,266
* Of which 1.10% held through capital increases reserved for employees. 0.74% held outside of employee savings plans by employees and former employees. 0.95% held under the BPCE Actions Natixis employee share ownership plan, including holders of Groupe BPCE shares.
40
annual_report
667
410
Net premiums earned increased by $30.0 million to $92.3 million for 1997 from $62.3 million for 1996. This increase was primarily due to the increase in insurance in force in 1997 as compared to 1996.
35
10K
5219
1,211
Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs (ASU 2015-03)
14
10K
RaiffeisenBankInternationalAG-AR_2020
1,366
 RBI AG is a member of the Professional Association of Raiffeisen Banks. Upon a change in control of RBI AG which results in the attainment of control by shareholders outside of the Raiffeisen Banking Group Austria, membership of the Professional Association of Raiffeisen Banks and of the Raiffeisen Customer Guarantee...
113
annual_report
5923
973
The Company’s subsidiaries in Hong Kong are governed by the Inland Revenue Ordinance Tax Law of Hong Kong and are generally subject to a profit tax at the rate of 8.25% on the estimated assessable profits. As of December 31, 2020 and 2019, the Company had current tax payable of $13,613 and $56,993 for Hong Kong income ...
58
10K
5930
1,047
• Lenders products: collateral protection, debt cancellation and service contract reimbursement products to banks, credit unions, automotive dealerships and original equipment manufacturers and other specialty programs that pertain to automotive lending and leasing.
33
10K
de_allianz-AR_2003
407
W I L L I A M S . T H O M P S O N
17
annual_report
2964
1,067
portfolios to align the merged portfolios with our overall investment guidelines. The majority of the sales of fixed maturity securities resulted in realized losses due to the prevailing interest rate environment. For equity securities, the 2005 sales to restructure the merged portfolios primarily resulted in realized ...
47
10K
4769
1,402
The Company has processes designed to ensure that the values received from its third party pricing service are accurately recorded, that the data inputs and valuation techniques utilized are appropriate and consistently applied and that the assumptions are reasonable and consistent with the objective of determining fai...
190
10K
3952
9,296
AFG acquired Strategic Comp Holdings, LLC in January 2008 for $37 million in cash. Additional contingent consideration could be due after seven years based on achieving certain operating milestones. Strategic Comp, headquartered in Louisiana, is a provider of workers' compensation programs for mid-size to large commerc...
69
10K
4277
1,025
Depending on medical coverage type, a beneficiary has various options for accessing drug coverage. Beneficiaries enrolled in Original Medicare can either join a stand-alone PDP or forego Part D drug coverage. Beneficiaries enrolled in MA CCPs can join a plan with Part D coverage, select a separate Part D plan, or foreg...
55
10K
4222
889
Net realized gains and losses for the years ended December 31, 2010, 2009, and 2008 were $110.7 million, $27.0 million, and $(32.9) million, respectively. Net realized gains and losses for the year ended December 31, 2010, included a $21.7 million gain on the sale of FIS stock as part of a tender offer, $11.4 million i...
234
10K
gb_prudential-AR_2015
227
Allocate capital with discipline, focusing on long-term returns We rigorously allocate capital to the highest-return products and geographical locations with the shortest payback periods, in line with our risk appetite. This has had a positive and significant impact on our capital generative growing in-force portfolio ...
105
annual_report
3220
1,308
We use various asset/liability management processes to provide adequate liquidity over the lives of the liabilities and to limit exposure to changes in interest rates, adverse credit default experience and currency risk.
32
10K
NatixisSA-AR_2015
2,626
81 Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities) 0 484 (3), 486 (2) & (5)
22
annual_report
1691
212
At December 31, 2001, the Company held cash and marketable securities of $46.6 million, compared to $76.0 million at December 31, 2000. In addition, the Company held cash in fiduciary accounts relating to insurance client premiums amounting to $33.8 million at December 31, 2001, compared to $39.0 million at December 31...
154
10K
gb_prudential-AR_2002
98
In recent years Prudential has undertaken a number of far-reaching initiatives which have resulted in a Group with a diversified range of international businesses and strong growth prospects. This strategy is evident in the Group’s results for 2002. The Group achieved significant increases in sales of insurance and inv...
62
annual_report
AegonNV-AR_2012
4,350
The fair value of derivatives on both the asset and liability side of the consolidated statement of financial position increased during 2012. This increase is mainly caused by decreases in market interest rates in combination with the practice of Aegon The Netherlands to buy swaps and swaptions to offset certain deriva...
86
annual_report
GjensidigeForsikringASA-AR_2018
1,180
Initiatives to further improve profitability and growth outside Norway continue. New, profitable M&A opportunities will be considered in the Nordic region and the Baltic states.
25
annual_report
3005
1,246
TRH conducts its business and assesses performance through segments organized along geographic lines. The Domestic segment includes financial data from branches in the United States that underwrite primarily domestic business, as well as stock compensation expense and revenues and expenses of the Company. In addition, ...
75
10K
INGGroepNV-AR_2018
4,728
regulation through the CRR II / CRD V, which is expected to be formalised in the first half of 2019.
20
annual_report
5900
1,777
•Net realized investment gains totaling $1,302.3 million related to the transfer of investments.
13
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2003
2,226
Agrarversicherung ag * Own group company within the meaning of Section 18 of the German Stock Companies Act.
18
annual_report
AegonNV-AR_2014
1,955
The Board expects to propose the appointment of one new member for a term of four years to shareholders at the
21
annual_report
AvivaPLC-AR_2005
751
The performance of the Chairman is also reviewed annually using a peer review process. Directors are asked for their views on the Chairman’s performance against the key aspects of the role. At a subsequent Board meeting, the Chairman leaves the meeting whilst a summary of the views expressed by the directors is used as...
110
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2019
2,263
− Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’s ability to continue as a going concern. If we conclude that a mat...
128
annual_report
AvivaPLC-AR_2019
973
Solvency II operating capital generation1 (OCG) measures the amount of Solvency II capital the Group generates from operating activities. Capital generated enhances Solvency II surplus which can be used to support sustainable cash remittances1 from our business, which in turn supports the Group’s progressive dividend a...
69
annual_report
NatwestGroupPLC-AR_2013
1,817
Notes: (1) Managed basis excludes sovereign debt impairment and related interest rate hedge adjustments. (2) Pertaining to the creation of RCR and related strategy.
24
annual_report
5143
1,270
Gross leverage. Gross leverage for the Company is the ratio of gross written premiums and gross liabilities to surplus. A significant portion of our capital is used to support the gross premiums and insurance liabilities in our Program Services segment. Because we retain virtually no risk other than the credit risk of ...
123
10K