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SwissLifeHoldingAG-AR_2018
1,292
Costs spent for training per employee (in CHF) 2080 2082 2034 1749 AR, p. 120
15
annual_report
5365
437
$649,805 increase in death benefits is primarily due to approximately $783,000 of increased final expense settlements, $119,000 of increased ordinary life settlements and $252,000 of increased ceded claims. The increase in final expense incurred claims is expected by the Company due to the continued growth in the numbe...
56
10K
TrygAS-AR_2008
816
Risk management is the future “We consider strategic risk and insurance risk to be the most important types of risk, both of them closely related to our business as a general insurer. Our current investment strategy keeps investment risk at a satisfactory level. We consider operational risk to be less important than th...
56
annual_report
SwissLifeHoldingAG-AR_2003
503
Zurich, Geneva and Washington, DC. From 1992 to 1995 she served as Secretary General at SIG Swiss Industrial Company. Franziska Tschudi then became a member of the Executive Board of WICOR Holding AG, Rapperswil (“Weidmann Group”) in 1995, where she was Head of Corporate Development and from 1998 Head of Business Area ...
70
annual_report
1526
358
A summary of property and equipment at December 31, 2000 and 1999 follows:
13
10K
RSAInsuranceGroupPLC-AR_2017
3,304
Where assets are classified as unquoted the values are: • provided by an independent surveyor (in the case of direct property)
21
annual_report
3095
446
The Company’s home office is located at 151 Farmington Avenue, Hartford, Connecticut, 06156. All Company office space is leased or subleased by the Company or its other affiliates. The Company pays substantially all expenses associated with its leased and subleased office properties. Affiliates within ING’s U.S. operat...
92
10K
NatixisSA-AR_2016
11,018
namely Natixis Municipal Products Inc. (formerly CDC Municipal Products Inc.), Natixis Derivatives Inc. (formerly CDC
15
annual_report
4997
960
insurance subsidiaries, and / or arrange for financing. Strains on liquidity could result from: (i) the occurrence of several significant catastrophe events in a relatively short period of time; (ii) the sale of investments into a depressed marketplace to fund these paid losses; (iii) the uncollectibility of reinsuranc...
75
10K
ASRNederlandNV-AR_2016
1,745
In addition, the Supervisory Board has the right to adjust the level of the conditional variable pay if leaving the payment unchanged would go against the principles of reasonableness and fairness.
31
annual_report
2076
1,157
During 2002, we sold $11.3 billion of fixed maturity investments which resulted in gross investment losses (before income taxes) of $251.8 million. Securities sold at a loss are sold for a number of reasons including: (i) changes in the investment environment; (ii) expectation that the market value could deteriorate fu...
83
10K
NatixisSA-AR_2016
3,714
Natixis is affiliated with the central institution of the Caisses d’Epargne and the Banque Populaire banks (BPCE), as defined by the French Monetary and Financial Code. Article L.511-31 of the French Monetary and Financial Code stipulates that central institutions are credit institutions and, as such, they must oversee...
84
annual_report
5902
845
Short-term Investments include certificates of deposit and other fixed maturities that mature within one year from the date of purchase, U.S. Treasury bills, money market mutual funds and overnight interest-bearing accounts. Short-term Investments are reported at cost, which approximates fair value.
41
10K
2418
1,018
As a result of the demutualization, the defined contribution plans received $19.7 million in compensation, which was allocated to participant accounts.
21
10K
ScorSE-AR_2017
4,904
We attest the existence, in the Management Report section on corporate governance, of information required by articles L. 225-37-3 and L. 225-37-4 of the French Commercial Code (Code de commerce).
30
annual_report
4650
902
Treasury shares have been excluded from average outstanding shares from the date of acquisition. The difference in calculating basic and diluted net income per share is attributable entirely to the dilutive effect of stock-based compensation plans.
36
10K
AvivaPLC-AR_2016
3,743
(iv) Unrecognised tax losses and temporary differences of previous years were used to reduce the current tax expense and deferred tax expense by £10 million and £8 million (2015: £5 million and £30 million), respectively.
35
annual_report
de_allianz-AR_2012
2,950
FinanCial assets Carried at Fair value through inCome D 034 € mn as of 31 December 2012 2011
18
annual_report
INGGroepNV-AR_2015
146
At ING we believe that our purpose as a financial institution is to contribute to the sustainable development of society by empowering people to stay a step ahead in life and in business. In 2015, we made good progress implementing our strategy and promoting the organisation and culture we need to deliver on our Custom...
56
annual_report
ScorSE-AR_2011
4,860
Share of retrocessionaires in underwriting reserves Note 4 5 - 5 4
12
annual_report
NatixisSA-AR_2020
9,868
This entire system contributes to the security and reliability of published financial information.
13
annual_report
HelvetiaHoldingAG-AR_2008
990
In view of the generally weak performance of the capital markets, impairment losses of CHF 349.8 million on the investments of Helvetia Group were recognised in the reporting year.
29
annual_report
4499
1,601
We develop our estimate for IBNR using actuarial methodologies and assumptions, primarily based upon historical claim payment and claim receipt patterns, as well as historical medical cost trends. Depending on the period for which we are estimating incurred claims, we apply a different method in determining our estimat...
202
10K
5227
372
Our anticipated premium expenses are subject to the risk of increased COI charges (i.e., premium charges) for the universal life insurance policies we own. In this regard, we are aware of one insurer that has notified us of its intent to increase COI charges on certain life insurance policies. As a result, we expect th...
147
10K
4652
3,247
As of December 31, 2012 and 2011, the Company had no preferred stock outstanding. The Company previously maintained a shareholder rights plan; however, the rights plan expired on December 18, 2011.
31
10K
PowszechnyZakladUbezpieczenSA-AR_2019
2,222
The Supervisory Board convenes: • an Ordinary Shareholder Meeting if the Management Board fails to convene an Ordinary Shareholder Meeting by the prescribed deadline; • an Extraordinary Shareholder Meeting if it deems that to be necessary; • an Extraordinary Shareholder Meeting if the Management Board fails to convene ...
76
annual_report
gb_prudential-AR_2005
5,169
Persistency, mortality and morbidity assumptions are based on an analysis of recent experience but also reflect expected future experience. Where relevant, when calculating the time value of in-force business, policyholder withdrawal rates vary in line with the emerging investment conditions according to management’s e...
44
annual_report
CNPAssurancesSA-AR_2007
404
 Beginning 2008: market stability  Negative impact: property transactions down
11
annual_report
StandardLifeAberdeenPLC-AR_2020
2,697
The Group operates in a large number of territories and during the normal course of business will be subject to audit or enquiry by local tax authorities. At any point in time the Group will also be engaged in commercial transactions the tax outcome of which may be uncertain due to their complexity or uncertain applica...
223
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2005
1,914
In the case of contracts as per fas 120, the provision for future policy benefits is made up of the net level premium reserve and liabilities for terminal dividends. The net level premium reserve is calculated from the present value of guaranteed policy benefits (including acquired bonuses but excluding claims adjustme...
257
annual_report
nl_ing_grp-AR_2017
5,715
During the 2016 Annual General Meeting of Shareholders, it was decided to reduce the par value per ordinary share from EUR 0.24 to EUR 0.01. As a result of this, EUR 891 million is attributed to the Share premium. Reference is made to the ING Group Consolidated annual accounts, Note 18 ‘Equity’ - Depository receipts fo...
58
annual_report
65
477
Uncertainties In exchange for $5 million, AFC has agreed to indemnify Spelling Entertainment Group Inc. for up to $35 million in excess of a threshold amount of $25 million of the costs Spelling may incur in the 12 years beginning April 1, 1993 to resolve Spelling's environmental matters, bankruptcy claims and certain ...
92
10K
2637
1,041
Provision for Impaired Assets. The Company recognized a charge of $352,000 for the year ended September 30, 2002, as a result of writing off its accounting software. In light of its reduced operations, the Company changed to an off-the-shelf accounting software.
41
10K
4228
735
Claim reserves supporting our Unum UK segment represent approximately 9.0 percent of our total claim reserves at December 31, 2010, and are calculated using generally the same methodology that we use for Unum US disability and group life reserves. The assumptions used in calculating claim reserves for this line of busi...
65
10K
LloydsBankingGroupPLC-AR_2020
5,821
Equipment leased to customers under finance leases primarily relates to structured financing transactions to fund the purchase of aircraft, ships and other large individual value items. There was an allowance for uncollectable finance lease receivables included in the allowance for impairment losses of £22 million (201...
48
annual_report
3873
1,939
Personal Insurance. Net favorable prior year reserve development in 2008 totaled $143 million, primarily driven by favorable loss experience related to Hurricane Katrina, and better than expected loss experience from recent accident years for the Homeowners and Other product line. This improvement was driven in part by...
97
10K
BaloiseHoldingLtd-AR_2003
443
The nature and amount of the compensation paid to the Chairman of the Board of Directors and the members of the Corporate Executive Committee are determined by the Compensation Committee of the Board of Directors. It consists of a basic salary and an incentive based on achieving corporate objectives on the one hand and...
141
annual_report
NatixisSA-AR_2003
154
Natexis Banques Populaires at least five days prior to the Meeting date, in order to allow time for an admittance card to be issued and sent to the shareholder.
29
annual_report
gb_prudential-AR_2012
67
Annual Report and the fi nancial statements 325 Independent auditor’s report to the members of Prudential plc 326 EEV basis supplementary information 331 Notes on the EEV basis supplementary information 363 Statement of directors’ responsibilities in respect of the EEV basis supplementary information 364 Independent au...
62
annual_report
gb_prudential-AR_2010
1,597
Rob Devey 1 July 2009 12 months 12 months John Foley 8 December 2010 12 months 12 months Clark Manning(note 1) 7 May 2002 12 months 12 months Michael McLintock 21 November 2001 6 months 12 months Nic Nicandrou 26 April 2009 12 months 12 months Barry Stowe 18 October 2006 12 months 12 months Tidjane Thiam 2 September 20...
74
annual_report
TrygAS-AR_2014
69
of the former Codan customers opted to be covered by Tryg’s insurance products.
13
annual_report
1368
553
On November 26, 1998, we entered a purchase agreement to acquire all of the common stock of United Insurance Group, a Michigan based consortium of long-term care insurance agencies. The acquisition was effective January 1, 1999, for the amount of $18,192. As part of the purchase, we issued a note payable for $8,078, wh...
110
10K
5200
816
For financial guaranty contracts accounted for as insurance, the amounts reported in the GAAP financial statements may only reflect a portion of the current period’s economic loss development and may also include a portion of prior-period economic loss development. The difference between economic loss development on fi...
84
10K
AssicurazioniGeneraliSpA-AR_2019
3,096
Result of the period (€ million) 2,670 2,309 - from continuing operations 2,196 2,135 - from discontinued operations 475 173
20
annual_report
3090
1,003
IHC provides the Company with pro rata quota share reinsurance on business written by Independence American. This business accounted for approximately 2% of the Company’s total earned premiums at December 31, 2006. Commencing in January 2004, Independence American began ceding 30% of its provider excess insurance to Ma...
152
10K
AvivaPLC-AR_2013
797
We have continued to strengthen our management team in Asia. In 2013 we appointed Khor Hock Seng as Chief Executive of Aviva Asia. Khor has over 30 years’ experience of the Asian insurance market and has the requisite market and cultural knowledge that is critical to success in the region. During the year we also appoi...
89
annual_report
4849
606
The Services Division’s total revenues for 2012 increased 76.9%, or $50.8 million, over 2011, to $116.7 million. Of the $51.4 million net increase in core commissions and fees revenue: (i) an increase of approximately $45.8 million related to the core commissions and fees revenue from acquisitions that had no comparabl...
90
10K
1809
316
During 2001, after the first vesting condition for most of the previously granted performance stock was satisfied as a result of increases in our average stock price over a 20 trading day period, we granted additional shares of performance stock. With the awards granted in 2001 and the increase in our stock price durin...
101
10K
1726
1,038
The Hartford's total capitalization, excluding unrealized gain (loss) on securities and other, net of tax, increased by $2.0 billion as of December 31, 2001 compared to December 31, 2000. This change was primarily the result of earnings and financing activities related to Fortis and September 11, partially offset by di...
51
10K
1447
512
in connection with the Year 2000 compliance project were charged to operations. Expenditures in 1998 aggregated $20,500 and the Company incurred additional costs of less than $1,000 in 1999 to complete the project.
33
10K
NatwestGroupPLC-AR_2018
1,393
The role and responsibilities of the Committee The Committee is responsible for:  approving the remuneration policy for all employees and reviewing the effectiveness of its implementation;  reviewing performance and making recommendations to the Board on arrangements for executive directors;  approving performance a...
105
annual_report
418
247
The net change in the unrealized holding gain as reflected in a separate component of stockholders' equity as of September 30, 1996, 1995 and 1994 was calculated as follows:
29
10K
HiscoxLtd-AR_2019
521
s Our employees spent almost 2,000 hours volunteering for good causes – including collecting surplus food for redistribution to those in need, going into schools to help children with their reading, and helping to build a house for a disadvantaged family in Sri Lanka.
44
annual_report
4228
1,789
Note 5 - Liability for Unpaid Claims and Claim Adjustment Expenses - Continued
13
10K
BeazleyPLC-AR_2015
388
Gross premiums written 119.8 132.2 Net premiums written 106.6 113.7 Results from operating activities 0.4 (5.8) Claims ratio 58% 60% Expense ratio 45% 47% Combined ratio 103% 107% Rate change (1%) 9%
32
annual_report
2723
1,693
Legal issues are part of the normal course of business for all companies. As such, we have various litigation and claims against us in process and pending. Having analyzed those claims with our legal counsel, we believe the outcomes of normal insurance matters will not have a material effect on our consolidated financi...
89
10K
4073
1,354
See Unlock in the Critical Accounting Estimates section of the MD&A.
11
10K
DirectLineInsuranceGroupPLC-AR_2013
1,172
Appointment of Directors The Company did not appoint any new members to the Board in 2013 as all Non-Executive Directors were appointed very recently. Mark Catton, who had been a Non-Executive Director until April, re-joined the Board as the nominated Director of RBS Group upon the resignation of RBS Group’s nominated ...
74
annual_report
4808
2,098
•valuation of future policy benefit liabilities and timing and extent of loss recognition;
13
10K
ScorSE-AR_2019
3,552
Notes to the consolidated financial statements CONSOLIDATED FINANCIAL STATEMENTS04 234 SCOR Universal Registration Document 2019
15
annual_report
5437
375
Investment returns with respect to the investment portfolio for the years ended December 31, 2017 and 2016 follows:
18
10K
NatwestGroupPLC-AR_2006
2,382
Assets Cash and balances at central banks 4,759 — — — — — 4,759 Treasury and other eligible bills 779 1,252 3,507 — — — 5,538 Loans and advances to banks 46,276 14,959 8,749 265 338 — 70,587 Loans and advances to customers 139,732 48,881 42,485 66,488 119,640 — 417,226
50
annual_report
gb_lloyds_banking_grp-AR_2016
3,366
For a sample of individually impaired loans we understood the latest developments at the borrower and the basis of measuring the impairment provisions and considered whether key judgements were appropriate given the borrowers’ circumstances. We also re-performed management’s impairment calculation, testing key inputs i...
109
annual_report
PowszechnyZakladUbezpieczenSA-AR_2013
2,275
The By-laws of PZU do not provide for any special rights of the Management Board concerning decisions to issue or redeem shares.
22
annual_report
de_allianz-AR_2008
3,047
8 Purchase manroland AG, Offenbach 100.0 3) 7/18/2006 Corporate 144 Purchase Home & Legacy Limited, London 100.0 6/15/2006 Property-
19
annual_report
HannoverRueckSE-AR_2018
339
• Large loss expenditure of EUR 849.8 million somewhat higher than budgeted EUR 825 million • Combined ratio improves to 96.5% • Property and casualty reinsurance market challenging in the face of sustained high losses • Segment result increases by 11.0% to EUR 929.1 million
45
annual_report
5430
739
The warrants and options outstanding in the following table are shown with historical amounts:
14
10K
ScorSE-AR_2015
854
Compensation elements due or attributed for the financial year ended December 31, 2015
13
annual_report
5034
1,475
2014 vs. 2013: The decrease of 5.6% is attributable to higher ceded premiums written and earned in the Professional business group due to the modification in the reinsurance structure, and an increase in cessions as mentioned above.
37
10K
NatixisSA-AR_2003
592
To promote a better understanding of our organization among clients, the markets and our employees, during 2003 we changed the name of most
23
annual_report
1014
252
The following information relates to reinsurance and related data for the General Insurance, Mortgage Guaranty and Life Insurance Groups for the three years ended December 31, 1998. For the years 1996 to 1998, reinsurance transactions of the Title Insurance Group have not been material.
44
10K
HannoverRueckSE-AR_2002
875
HEPEP II commenced business operations on 28 January 2002. The company has capital resources of EUR 12.8 million, in which Hannover Re and E+S Rück each hold participations of 35.2%. The object of the company is to build, hold and manage a portfolio of assets comprising equity capital and quasiequity participations pri...
54
annual_report
1010
493
The following table reflects the reconciliation of the numerators and denominators of the Company's basic earnings per share and diluted earnings per share computations reported on the Consolidated Statement of Income for the years ended December 31, 1998, 1997 and 1996.
41
10K
3589
1,291
Deferred acquisition costs related to traditional policies are amortized over the premium paying period of the related policies in proportion to the ratio of the present value of annual expected premium income to the present value of total expected premium income. Such amortization is adjusted annually to reflect the a...
58
10K
INGGroepNV-AR_2002
1,061
40% of new accounts via internet; 60% of customer service handled via internet/voice response
14
annual_report
1466
547
The impact of these equity-indexed annuity issues decreased annuity operations earnings for 2000 by approximately $5 million, net of taxes. While results for 2000 were reduced by this block of business, the Company's equity-indexed annuity products are long-term policies with contractual periods of either nine or fifte...
114
10K
NatwestGroupPLC-AR_2009
4,297
Ordinary shares At the Annual General meeting in April 2009, the authorised ordinary share capital of the company was increased by £7.5 billion through the creation of 30 billion new ordinary shares of 25p each.
35
annual_report
Sampoplc-AR_2000
2,084
A shares have been quoted on the Helsinki Exchanges since 1998. All B shares are owned by Kaleva Mutual Insurance
20
annual_report
NatixisSA-AR_2007
8,661
The Head of ITSS works for Natixis and its subsidiaries, and with service providers, suppliers and clients. Responsibilities include: ensuring that policy is always appropriate to the risks involved; promoting policy and ensuring adherence to it at all levels; providing any necessary security services; verifying and mo...
60
annual_report
170
270
(g) Treasury Stock-A total of 5,540,360 common shares issued and outstanding are held by consolidated affiliates. See "Related Party Transactions" herein.
21
10K
AvivaPLC-AR_2009
4,292
Liabilities of the long-term business (291,194) — (291,194) (291,347) — (291,347) Liabilities of the general insurance and other businesses — (48,111) (48,111) — (48,642) (48,642)
25
annual_report
3427
1,312
The Convertible Subordinated Debentures (the “Debentures”) were issued under an Indenture dated December 29, 1982, (the “1982 Indenture”) in the principal amount of $25.0 million, bearing interest at a rate of 8.75% per annum, which is payable on the unpaid principal semiannually on January 1 and July 1 in each year to...
133
10K
4523
1,528
Net investment income from other investment categories increased by $160 million in 2012 compared to 2011, of which $82 million was attributed to the strong performance of equity partnership investments, following a 16 percent increase in the S&P 500 Index during 2012. Other investment income also increased by $72 mill...
70
10K
GjensidigeForsikringASA-AR_2010
2,025
Marine anD energy insuranCes inWarD reinsuranCe Other nOk million blue water hull Coastal hull energy total marine and energy insurances pro portional
22
annual_report
AssicurazioniGeneraliSpA-AR_2019
4,403
SAS Retail One 029 EUR 18,700,000 G 11 100.00 Retail One Fund SCSp RAIF 100.00 98.92
16
annual_report
5851
15,315
 Unfavorable development on European Casualty & Financial Lines, notably Commercial Auto, Employers Liability, Directors & Officers, and Financial Institutions business; and
22
10K
5396
623
Cash used in investing activities - VIEs was $75.5 million for the year ended December 31, 2016 driven primarily by the purchase of loans in Telos 7 during the ramp up period as it converted from a warehouse to a CLO during the second quarter of 2016.
47
10K
1964
2,072
In addition to the interest-sensitive products, an insurance subsidiary is party to a $250 million fixed rate funding agreement. Under the transaction, a five-year floating rate insurance contract was issued to a commercial paper conduit and the liability was swapped to a fixed-rate. During 2002, our insurance subsidia...
147
10K
INGGroepNV-AR_2020
5,865
(i.e. risk factors) at portfolio level across different product categories. Where the disclosure looks at individual Level 3 inputs the actual valuation adjustments may also reflect the benefits of portfolio offsets.
31
annual_report
RaiffeisenBankInternationalAG-AR_2009
409
In August 2009, Raiffeisen International increased its capital by € 600 million by issuing participation rights in accordance with Section 174 of the Austrian Stock Corporation Act.
27
annual_report
RaiffeisenBankInternationalAG-AR_2010
755
Significant risks relating to Group accounting process are evaluated and monitored by the Management Board. Complex accounting standards can increase the risk of errors, as can the use of different valuation standards, particularly in relation to the Group's principal financial instruments. A difficult business environ...
101
annual_report
AvivaPLC-AR_2011
747
As the table indicates, approximately 32.7% of total investments can be directly attributed to shareholders. The apportionment of our shareholder assets is predominantly weighted towards debt securities and loans. In comparison, policyholder and participating funds contain a greater proportion of equities and other inv...
72
annual_report
SwissLifeHoldingAG-AR_2016
1,427
5% proportionate decrease in mortality rates (annuities) –147 –1% –14 –5%
11
annual_report
5578
1,565
(2) Certain real estate funds are carried at fair value (previously carried at cost) based on the Company's ownership share of the equity of the investee (Net Asset Value ("NAV")) as a practical expedient including changes in the fair value of its underlying investments upon adopting ASU 2016-01 beginning in 2018. The ...
95
10K
3674
1,799
On July 1, 2008, we acquired a 40 percent interest in GAP Asset Management of Brazil, which we account for under the equity method as an operating joint venture. GAP Asset Management of Brazil had $2.9 billion in assets under management as of June 30, 2008 and $0.9 billion in assets under management as of December 31, ...
73
10K
AegonNV-AR_2017
3,278
value of future cash flows are recognized and amortized in the period when future economic benefits arise from these intangibles.
20
annual_report
NatixisSA-AR_2016
11,228
(BCBS March 2016) LR2 – Leverage ratio Appendix 3 164 N/A
11
annual_report
RSAInsuranceGroupPLC-AR_2014
397
Our business is split evenly between Personal and Commercial lines and is principally directly distributed with strong agent relationships, call centre capabilities and a growing bancassurance channel. We have particular strengths in Sweden through our Motor and Personal Accident businesses, and our Danish Commercial b...
51
annual_report
ScorSE-AR_2011
1,691
Officer of Alea Europe from 1999 to 2006, where he was in charge of property-casualty reinsurance and Life reinsurance, and was Manager of group underwriting from 2005 to 2006. He joined the Group in January 2006 and has managed the
40
annual_report
NatwestGroupPLC-AR_2018
2,725
The following disclosures in this section are audited:  Traded VaR (1-day 99%)
13
annual_report