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5883
876
In 2019, Altium Packaging paid approximately $260 million for three acquisitions of plastic packaging manufacturers located in the U.S. and Canada, including the acquisition in June of 2019 of Altium Healthcare Inc. (formerly known as Tri State Distribution, Inc.), a retail pharmaceutical packaging solutions provider. ...
122
10K
LloydsBankingGroupPLC-AR_2014
5,224
HM Treasury expenses During the year ended 31 December 2014, the Group paid for expenses amounting to £1 million incurred by or on behalf of HM Treasury in connection with the sale or proposed sale of shares by HM Treasury in the Company. The expenses were incurred in accordance with the Resale Rights Agreement and the...
94
annual_report
de_allianz-AR_2011
3,969
KnigHtsBridge AlliAnz lp, Bartlesville, oK 99.5 3 manroland (China) ltd., Hong Kong 100.0 5 manroland (india) pvt. ltd., new delhi 100.0 manroland (Korea) ltd., seoul 100.0 manroland (taiwan) ltd., taipei 100.0 manroland Australasia ptY limited, regents park 100.0 manroland Baltics siA, riga 100.0 manroland Benelux n.v...
380
annual_report
5872
1,268
Allocations of investment income and certain expenses are based on reasonable assumptions and estimates primarily using revenue, headcount and other information. We allocate the provision for income taxes to the brokerage and risk management segments using the local country statutory rates. Reported operating results b...
53
10K
4596
1,139
Overall favorable development for consolidated property casualty reserves of $396 million in 2012 illustrated the potential for revisions inherent in estimating reserves, especially for long-tail lines such as commercial casualty and workers’ compensation. As noted in Critical Accounting Estimates, Key Assumptions - Lo...
107
10K
gb_lloyds_banking_grp-AR_2016
5,824
A methodology of estimating the credit risk within a portfolio by utilising internal risk parameters to calculate credit risk regulatory capital requirements. There are two approaches to IRB: Foundation IRB and Advanced IRB.
33
annual_report
ASRNederlandNV-AR_2009
56
The impact of the recession was also clearly visible in the disability and non-life market, and competitiveness also increased. Nevertheless, our total premiums here increased by 3%.
27
annual_report
StandardLifeAberdeenPLC-AR_2013
1,391
Non-executive Director fees: Following a review of non-executive Director fees in 2013, the Board (and the Remuneration Committee in respect of the Chairman) considered it appropriate to make no changes to non-executive Director fees: Role 2014 fees1 2013 fees
39
annual_report
Sampoplc-AR_2018
1,232
Notes to Sampo plc’s Financial StatementsGroup's Notes to the Accounts 49FINANCIAL STATEMENTS 2018
13
annual_report
StorebrandASA-AR_2015
1,295
of the reserves, while the costs tend to be fixed. Lower returns on the financial market than expected will therefore have a negative effect on Storebrand's income and profit.
29
annual_report
CNPAssurancesSA-AR_2020
203
agreements to joint ventures, from 25-year exclusive distribution agreements to short-term non-exclusive partnerships, and from single-product deals through to a full range of protection solutions.
25
annual_report
NNGroupNV-AR_2017
668
Capital is allocated to those product lines where good value of new business (VNB) margins are generated. In particular, there is strong progress in selling a greater proportion of protection business where margins remain healthy and we are introducing new compelling propositions. In the savings business, capital light...
67
annual_report
HiscoxLtd-AR_2020
968
s The Committee has the ability to apply independent judgement to ensure that the vesting outcome of performance share awards is a fair reflection of both the Company’s performance and that of the individual over that period.
37
annual_report
3274
1,342
For 2007, we have expanded into new markets for our Medicare HMO and PFFS plans. We will be offering our Medicare Advantage coordinated care plans in 3 new markets; Florida, north Texas and Wisconsin. Through our insurance subsidiaries American Progressive and Pyramid Life, we will offer our PFFS products in 35 states ...
105
10K
BeazleyPLC-AR_2020
648
The group’s exposure to reinsurers is managed through: • minimising risk through selection of reinsurers who meet strict financial criteria (e.g. minimum net assets, minimum ‘A’ rating by S&P). These criteria vary by type of business (short vs medium tail). The chart below shows the profile of these assets (based on th...
74
annual_report
5825
801
Although adjusted pre-tax operating income (loss) and adjusted net operating income (loss) exclude certain items that have occurred in the past and are expected to occur in the future, the excluded items represent items that are: (1) not viewed as part of the operating performance of our primary activities; or (2) impa...
122
10K
3589
884
The interest adjusted loss ratio for the individual disability - recently issued business decreased in 2007 relative to the prior year due primarily to a decrease in the submitted claim incidence rate as well as an increase in the claim recovery rate. The interest adjusted loss ratio for long-term care was higher in 20...
125
10K
CNPAssurancesSA-AR_2005
1,380
• Reconciliation of French GAAP and IFRS net profit for 2004. • The main IFRS adjustments to the 2004 statement of cash flows.
23
annual_report
5385
589
(4) On September 30, 2016, Diamond State Insurance Company sold all the outstanding shares of capital stock of one of its wholly owned subsidiaries, United National Specialty Insurance Company. Financial results for 2016 and 2015 include United National Specialty Insurance. Company. This transaction did not have a sign...
81
10K
PhoenixGroupHoldingsPLC-AR_2017
3,226
H. INTERESTS IN SUBSIDIARIES AND ASSOCIATES continued H5. GROUP ENTITIES The table below sets out the Group’s subsidiaries (including collective investment schemes that have been consolidated within the Group’s financial statements), joint ventures, associates and significant holdings in undertakings (including underta...
69
annual_report
NNGroupNV-AR_2017
950
Climate-related shareholder resolutions at oil & gas majors We supported resolutions at the AGMs of oil and gas majors Occidental Petroleum and ExxonMobil, seeking the publication of an annual assessment of the long-term impact of climate change on their businesses. These resolutions received support of 66% and 62% at ...
137
annual_report
2506
1,078
On December 31, 2004, we completed the acquisition of the individual in-force life reinsurance business of ING. ING has agreed to provide certain transition services to support the acquired business for up to 18 months from the date of acquisition at a cost of $6.6 million.
46
10K
4535
807
annual pension costs for 2013 would decrease by approximately $5 million, after-tax; and
13
10K
NatwestGroupPLC-AR_2020
1,323
• UK Stand-by generation replacements – We have removed older, more polluting diesel back-up generators at two of our office locations in London and the South East of England, as well as removing older generators at one of our data centres. These projects will both reduce carbon emissions and improve local air quality.
53
annual_report
806
294
(1) Original cost of equity securities; original cost of fixed maturities adjusted for amortization of premiums and accretion of discounts.
20
10K
3866
910
The significant accounting policies used in the preparation of the financial statements are discussed in Item 8, Note 1 of the Consolidated Financial Statements, Page 98. In conjunction with that discussion, material implications of uncertainties associated with the methods, assumptions and estimates underlying the com...
111
10K
4331
650
Interest expense, which represents the cost of our worldwide debt obligations, increased $60 million, or 49%, from 2009 due mainly to an increase in the amount of debt outstanding related to the Hewitt acquisition, including $1.5 billion in notes and a $1.0 billion term loan, and $14 million in deferred financing costs...
79
10K
SwissReAG-AR_2010
2,592
The following unvested restricted shares were held by members of the Executive Committee as of 31 December: For the year ended 31 December 2010, no restricted shares were held by members of the Board of Directors.
36
annual_report
53
81
Certain limited partnership investments are included in income from other long-term investments. These funds (commonly referred to as hedge funds) are managed by outside investment advisors. The investment guidelines of these partnerships provide for a broad range of investment alternatives, including stocks, bonds, fu...
146
10K
LloydsBankingGroupPLC-AR_2019
2,206
Managing regulatory risk continues to be a key focus within the Group due to the significant amount of highly complex and interdependent regulatory reform that we have managed in 2019, and will continue to manage in 2020.
37
annual_report
4042
761
ASU 2009-05 also clarifies that restrictions preventing the transfer of a liability should not be considered as an adjustment in the measurement of its fair value.
26
10K
TrygAS-AR_2011
1,644
Cash in hand and deposits in credit institutions 1,635 0 0 1,635
12
annual_report
4841
614
In 2012, we performed the annual goodwill impairment test on our Retail Annuities reporting unit using an actuarial appraisal approach, which estimates the net worth of the reporting unit, the value of existing business and the value of new business. This appraisal resulted in a fair value of the Retail Annuities repor...
340
10K
5822
826
•Our customers' experience with Lemonade is likewise largely unaffected by the turmoil, as AI Maya and AI Jim chat with customers, wherever they may be, without triggering concerns about social distancing.
31
10K
4774
2,611
The following table shows the amounts recorded for the Notes as of December 31, 2013 and 2012:
17
10K
3401
259
ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
13
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
1,690
The additions in the business year include €204m from the application of the purchase accounting method to the additional shares acquired in the Karlsruher Insurance Group and the ergo Insurance Group.
31
annual_report
5922
907
At December 31, 2020, 8,624,668 shares were available for future grants under the 2019 SIP. This amount is calculated assuming the maximum payout for all restricted stock grants.
28
10K
SwissReAG-AR_1977
323
Cash in hand, Postal bank account, Bank balances 315 59 374 264
12
annual_report
gb_prudential-AR_2019
5,184
The sensitivity of liabilities and other components of total capital vary depending upon the type of business concerned and this conditions the approach to asset/liability management.
26
annual_report
3715
1,102
all investments and cash and accrued investment income. Financial instrument liabilities include unpaid losses and LAE and unearned premiums, each net of reinsurance, and the Senior Notes.
27
10K
AvivaPLC-AR_2010
2,907
(a) Details of the Company’s ordinary share capital are as follows: £m
12
annual_report
NatwestGroupPLC-AR_2011
5,353
Economic and monetary environment When economies are emerging from recessions rooted in high levels of debt and stresses in the financial system, growth is slower than in the typical recovery. That was the experience of our major markets in 2011. It is what we should expect in 2012 and beyond.
50
annual_report
2046
1,173
AMS' spread income in the fourth quarter of 2001 in the amount of $7.5 million exceeded spread income of $3.2 million earned in the third quarter of 2001 and spread income of $696,000 earned in the fourth quarter of 2000.
40
10K
4523
4,160
On August 1, 2012, we filed a motion for partial summary judgment. The parties completed submission of briefs in support of their respective positions on November 12, 2012. As of February 21, 2013 the motion remains pending. We will vigorously defend our position, and continue to believe that we have adequate reserves ...
62
10K
3600
397
Renewal premiums written for commercial lines policies decreased 4.3% during 2007 and 3.2% during 2006. The overall decrease is reflective of the impact of rate reductions and changes in the mix of business. The year-over-year average policy retention ratio for commercial lines was 85.7%, 85.4% and 85.2% in 2007, 2006 ...
53
10K
2824
1,784
Metropolitan Life increased its recorded liability for asbestos-related claims by $402 million from approximately $820 million to $1,225 million at December 31, 2002. This total recorded asbestos-related
27
10K
CNPAssurancesSA-AR_2010
384
CNP Assurances operates in the employee benefits market as an insurer, co-insurer and re-insurer, serving companies, regional and local authorities, hospitals and employee benefits institutions.
25
annual_report
PhoenixGroupHoldingsPLC-AR_2016
3,510
£39 million of the goodwill is attributable to the management services business of the Phoenix Life segment. Value in use has been determined as the present value of certain future cash flows associated with this business. The cash flows used in this calculation have been valued using a discount rate of 7.7% (2015: 9.0...
102
annual_report
NatixisSA-AR_2017
9,659
Number of shares at the start of the fiscal year Number of shares created during the fiscal year Number of shares at the end of the fiscal year Share capital (in euros)
32
annual_report
gb_prudential-AR_2015
2,315
Other directors served on the boards of educational, charitable and cultural organisations without receiving a fee for these services.
19
annual_report
nl_ing_grp-AR_2014
2,060
Amounts due to banks –57 Customer deposits and other funds on deposit –8 –73 Other liabilities –12 –38 Liabilities held for sale –443 –2,876 Impact on Total liabilities –520 –2,987
30
annual_report
PosteItalianeSpA-AR_2018
1,043
KPIs for the Payments, Mobile & Digital segment 2018 2017 Increase/(decrease)
11
annual_report
5945
1,995
Net unrealized gains for the twelve months ended December 31, 2020 and 2019 for equity securities held as of December 31, 2020 and December 31, 2019 were $2,167,417 and $2,350,513, respectively.
31
10K
4228
1,147
During 2010, we recognized an other-than-temporary impairment loss of $10.2 million on securities issued by a Netherlands financial services company. The company recorded significant impairment losses in its securities and real estate portfolios during 2009 and 2008 and required a significant amount of government aid. ...
69
10K
5689
761
The length of time securities may be held in an unrealized loss position may vary based on the opinion of the appointed investment manager and their respective analyses related to valuation and to the various credit risks that may prevent us from recapturing the principal investment. In cases of securities with a matur...
63
10K
fr_axa-AR_2010
9,420
Versicherungswerte (“KVAG”). Following the effective date of these squeeze outs in July 2007, certain former AKAG and
17
annual_report
AvivaPLC-AR_2007
4,047
Consolidated tax vouchers Private shareholders who have dividends paid directly into their bank or building society account receive one consolidated tax voucher each year unless they have requested otherwise. If you would prefer to receive a tax voucher with each dividend payment please contact the Registrar.
46
annual_report
AegonNV-AR_2002
295
Our off balance sheet production had positive results for the year despite the weak market conditions. Deposits in synthetic GICs, in which IMD is the market leader, approached
28
annual_report
4233
1,212
For multiemployer plans, the funded status is not required to be recognized as an asset or liability in the consolidated balance sheets. The combined unrecognized liability for the underfunded status of the plans totaled $83.4 million at December 31, 2010 and $85.5 million at December 31, 2009.
47
10K
4782
5,439
The total separate account assets were $393.4 million at December 31, 2013 (2012 - $340.1 million). Variable universal life and variable annuity assets comprised 29% and 71% of this amount, respectively, in both 2013 and 2012.
36
10K
LloydsBankingGroupPLC-AR_2020
505
% of Board members from an ethnic minority background 8.3% NR
11
annual_report
ASRNederlandNV-AR_2014
361
Risk management is an integral part of our daily business activities. a.s.r. applies an integrated approach to managing risks, ensuring that our strategic objectives (customer interests, financial solidity and efficiency of processes) are realized. This integrated approach ensures that value will be created by identify...
91
annual_report
1801
662
A portion of the purchase price paid by the Company for Pyramid Life and Continental General Corporation was allocated to the value of business acquired based on the actuarially-determined present value of the expected pre-tax future profits from the business assuming a discount rate of 15.0%. Interest is accrued on th...
122
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2003
223
The following factors enable us, as the world’s leading reinsurer, to define and implement risk-commensurate prices and conditions: – Joined-up thinking, e.g. in the modelling of risks – Understanding the influence of macro- and microeconomic factors – Know-how and experience, globally and in the individual markets – A...
73
annual_report
2104
1,173
Health care services and other benefits expense includes the costs of health care services, capitation expenses and expenses related to risk-sharing agreements with participating physicians, medical groups and hospitals and incurred losses on the Company's disability and life products. The costs of health care services...
61
10K
2790
537
During 2003, NAICO experienced adverse loss development totaling $11.1 million primarily in the standard property and casualty program. This adverse development was due primarily to an increase in losses in the workers compensation and other liability lines of business in the 1998-2001 accident years. Adverse loss deve...
156
10K
NatwestGroupPLC-AR_2015
4,605
• Japan - net HFT bonds exposure increased by £4.1 billion to £7.2 billion, driven by collateral trading in London. This increase in holdings reflects reduced access to local repo markets following RBS’s decision to exit its Japanese onshore business. Derivatives exposure, largely to banks, decreased by £0.6 billion.
49
annual_report
NatwestGroupPLC-AR_2007
92
• RBS is the number five corporate bank in Asia-Pacific, excluding
11
annual_report
4159
2,047
Over time the data inputs can change as new sources become available or existing sources are discontinued or are no longer considered to be the most appropriate. It is the Company's objective to move to higher levels on the hierarchy whenever possible, but it is sometimes necessary to move to lower priority inputs beca...
109
10K
StandardLifeAberdeenPLC-AR_2007
518
Employees The business and its related infrastructure have continued to grow throughout 2007. The average number of full time equivalent staff rose 3.4% from 705 to 729 as we expanded our capability in new product areas and customer service. We believe we have one of the most talented teams in the UK fund management in...
112
annual_report
PosteItalianeSpA-AR_2016
4,889
Finance costs on financial liabilities 30 38 on financial institutions borrowings 2 8 on derivative financial instruments 1 1 on amounts payable to subsidiaries – 2
26
annual_report
4051
876
AIG incurred a net loss attributable to AIG of $8.9 billion during the fourth quarter of 2009. This loss resulted primarily from the following:
24
10K
2410
942
We Will Incur Significant Increased Costs As a Result of Compliance With New Government Regulations And Our Management Will Be Required to Devote Substantial Time To Compliance.
27
10K
4150
813
identical limits of coverage. This treaty is continuous; it will be terminated on April 30, 2011 and it is anticipated that the exposure will be added to the casualty excess of loss treaty effective May 1, 2011.
37
10K
RSAInsuranceGroupPLC-AR_2019
1,890
· Strong customer focus, leading the response to the Whaley Bridge dam collapse and heading the UK Customer committee. Strengthened product advocacy among RSA employees with the launch of MORE TH>N Rewards.
32
annual_report
TrygAS-AR_2007
514
The risk that we incur a loss due to failure by our counterparties to meet their obligations
17
annual_report
fr_axa-AR_2007
5,747
Derivatives (hedge accounting) — Reinsurance — — — — — — — — —
14
annual_report
4385
2,094
A summary of the Company's performance shares is presented below (shares in thousands):
13
10K
4736
1,943
Substantially all employees of Ambac are covered by a defined contribution plan (the “Savings Incentive Plan”). Ambac makes employer matching contributions equal 100% of the employees’ contributions, up to 3% of such participants’ base compensation plus 50% of contributions to an additional 2% of base compensation, sub...
72
10K
fr_axa-AR_2015
7,821
Under the Incentive Compensation Program, AB made awards in December 2015 aggregating €159.7 million (€132.6 million in December 2014) of which €144.1 million in the form of
27
annual_report
BaloiseHoldingLtd-AR_2011
259
Claims and benefits paid (gross) – 1,818.4 – 1,850.3 – 3,394.5 – 3,461.2
13
annual_report
BaloiseHoldingLtd-AR_2017
958
The parameters used to determine the subscription price are decided each year by the Remuneration Committee. The subscription price is based on the closing price before the first day of the subscription period, from which discounted dividend rights are deducted over a period of three years (please refer to the accompan...
89
annual_report
4273
658
The following table presents the gross reserves by line of business as of December 31, 2010 and 2009:
18
10K
SwissReAG-AR_2006
1,014
Between 1999 and 2002, Mr Mumenthaler was responsible for a number of key company projects, including securitisation solutions for the Group. In 2002, he established a new unit, Group Retro & Syndication, which was responsible for optimising the Group‘s risk and capital base through retrocession and securitisation. He ...
87
annual_report
5276
2,432
requirements specified by our Reinsurance Security Committee. This Committee maintains a list of approved reinsurers, performs credit risk assessments for potential new reinsurers, regularly monitors approved reinsurers with consideration for events which may have a material impact on their creditworthiness, recommends...
93
10K
NatixisSA-AR_2008
1,469
The variation in assets managed is mainly explained by negative exchange effects and market effects of €70 billion and the programmed 72 billion asset withdrawals from La Banque
28
annual_report
PosteItalianeSpA-AR_2016
4,075
(2) These figures have been calculated under IFRS, and may not be consistent with those included in the investee company’s financial statements prepared in accordance with the Civil Code and Italian GAAP.
32
annual_report
5559
1,585
Each of these guarantees and the related U.S. GAAP accounting volatility will also be influenced by actual and estimated policyholder behavior.
21
10K
5321
4,230
In March 2015, MetLife, Inc. issued $500 million of senior notes due in March 2025 which bear interest at a fixed rate of 3.00%, payable semi-annually. Also in March 2015, MetLife, Inc. issued $1.0 billion of senior notes due in March 2045 which bear interest at a fixed rate of 4.05%, payable semi-annually. In connecti...
81
10K
Sampoplc-AR_2010
1,888
Financial assets designated as at fair value through p/l 61 50
11
annual_report
RaiffeisenBankInternationalAG-AR_2020
1,288
An internal control system pertaining to financial reporting has been in place for many years in the Group, which includes directives and instructions on key strategic issues. It incorporates:  The hierarchical decision-making process for approving Group and company directives, as well as departmental and divisional i...
47
annual_report
4851
2,703
“Other long-term investments” consist of the Company’s investments in joint ventures and limited partnerships, other than operating joint ventures, as well as wholly-owned investment real estate and other investments. Joint venture and partnership interests are either accounted for using the equity method of accounting...
202
10K
4857
2,259
Prior to 2014, the Company was allocated expenses for various administrative and corporate services provided by ING Group. Net allocations were $2.2 and $6.6 for the years ended December 31, 2013 and 2012, respectively.
34
10K
INGGroepNV-AR_2007
872
Function of Executive Board The Executive Board is responsible for the management of the company, which includes being responsible for achieving the company’s aims and for the company’s results, as well as for determining the company’s strategy and policy. It also includes the day-to-day management of the company and i...
102
annual_report
NNGroupNV-AR_2018
701
In 2018, NN IP concluded a three-year engagement with 20 companies in the power utility sector. Aided by GES, we encouraged best practice in managing carbon emissions and climate risk. During the engagement period, there were overall improvements in the companies’ proactive stance on climate issues and especially in th...
136
annual_report
de_allianz-AR_2001
1,666
Allianz General Representative Office China Office C 211 B Beijing Lufthansa Center 50 Liangmaqiao Road Beijing 100016
17
annual_report
SwissLifeHoldingAG-AR_2002
7
Gross result Net result before tax and minority interests Net result
11
annual_report
gb_prudential-AR_2008
1,375
Michael McLintock’s 2006 LTIP payout will be made in cash. Mark Tucker’s 2008 bonus was paid fully in cash.
19
annual_report
fr_axa-AR_1999
2,257
AXA Life of €14 million, as well as (iii) total amortization of the remaining balance of value of purchased inforce business of € 9 million.
25
annual_report