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242
The Credit Agreement prohibits the payment of cash dividends on Professionals Group's common stock (except for cash paid in lieu of fractional shares related to stock dividends declared). It also required the Company to, among other things, maintain total consolidated stockholders' equity of at least $80.0 million plus...
113
10K
5428
578
Plaintiffs targeting property and casualty insurers, in purported class action litigation related to claims-handling and other practices.
17
10K
5690
5,185
MetLife, Inc. also guarantees the obligations of certain of its subsidiaries under committed facilities with third-party banks. See Note 13 of the Notes to the Consolidated Financial Statements.
28
10K
fr_axa-AR_2010
11,480
Delegation of authority granted to the Board of Directors for the purpose of increasing the share capital of the Company through the issue of ordinary shares or securities giving a claim to ordinary shares of the Company or one of its subsidiaries, without preferential subscription rights of the shareholders, in case o...
54
annual_report
5414
415
We lease in total approximately 16,500 square feet of office space located in Florida, New York, and Hawaii. These leases are generally short-term to medium-term leases of commercial office space.
30
10K
384
254
Torchmark's insurance and asset management operations generate positive cash flows in excess of its immediate needs. Cash flows provided from operations, including deposit-product operations, were $517 million in 1996, compared with $478 million in 1995, an increase of 8%. Operating cash flows grew 42% in 1995 over 199...
132
10K
RaiffeisenBankInternationalAG-AR_2018
2,794
Financial assets - designated fair value through profit/loss 3,135,148 56,915 53 5,290,102 324,417 11,120
14
annual_report
StandardLifeAberdeenPLC-AR_2008
1,618
Shareholder/inter-fund transfers include the transfer of £367m (2007: £674m) from the HWPF to the Shareholder Fund in respect of the recourse cash flows for UK and Ireland and £39m (2007: £59m) to the PBF in relation to additional expenses charged on German unitised with profits business. In addition, £338m (2007: £209...
60
annual_report
gb_lloyds_banking_grp-AR_2007
1,273
The committee exercises specific powers delegated to it by the board from time to time. To comply with the Group’s articles of association, only committee members who are also directors of the company participate in the exercising of any powers delegated by the board.
44
annual_report
4925
578
Net investment income decreased 2.3% to $290.3 million in 2014 compared to $297.0 million in 2013 primarily due to a decline in income from our limited partnership investments and a decline in income from our fixed maturities, reflective of lower reinvestment rates, partially offset by an increase in dividends from par...
52
10K
TrygAS-AR_2003
732
On 31 December 2003, TBi sold its wholly owned subsidiary Chevanstell Ltd., in relation to which run-off procedures were initiated on 4 September 2003.
24
annual_report
5784
1,066
Life and policy benefits for the Annuity segment include death claims and benefits associated with the Company's withdrawal benefit rider (WBR). As part of the unlockings performed in 2019 and 2018, the Company unlocked its policy benefits reserves associated with the assumption regarding policyholder utilization of th...
132
10K
SwissReAG-AR_2017
4,516
To share some of our key insights on these emerging risks with external audiences, we published the fourth edition of our comprehensive Swiss Re SONAR report in 2017.
28
annual_report
5668
1,299
amortization in 2019. We anticipate this trend will continue into 2020 for the 1999 block as it reaches the end of its level premium period. Additionally, we expect similar experience with the 20-year level premium period business written in 2000 as it enters its post-level period during 2020 and into 2021. In the futu...
142
10K
3775
811
Other operating expenses increased $59.4 million, or 51.6%, for the year ended December 31, 2007 compared to the year ended December 31, 2006. The increase was primarily due to an increase in interest expense of $53.3 million, or 75.2%, for the year ended December 31, 2007 compared to the year ended December 31, 2006. ...
71
10K
2757
632
The Company’s net loss and LAE reserves, based on management’s best estimate, were set at $370,166 as of December 31, 2005, as compared to $366,730 for 2004.
27
10K
NatwestGroupPLC-AR_2010
3,516
Fair value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction. Fair values are determined from quoted prices in active markets for identical financial assets or financial liabilities where these are available. Fair value for...
228
annual_report
AegonNV-AR_2009
5,143
Insurance liability is an insurer’s contractual obligation under an insurance contract.
11
annual_report
CNPAssurancesSA-AR_2009
4,737
Notice sent to shareholders of Annual General Meeting of 21 April 2009 (6 April 2009)
15
annual_report
4344
1,005
The following information summarizes the components of the unrealized investment gains:
11
10K
PosteItalianeSpA-AR_2018
5,206
�� Accrued interest on IRAP refund, amounting to €3 million, regards interest accruing up to 31 December 2018 on IRAP to be recovered on the unreported deduction of expenses for disabled personnel in 2003, described in note C12.
38
annual_report
4883
1,187
Increasing competition in the recruitment of new general agents and agents;
11
10K
1430
601
The Company leases space at two additional locations in the Chicago area for purposes of storage and claim handling. The aggregate monthly rental is approximately $4,700.
26
10K
2901
1,223
Discontinued lines - The commutation losses in 2005 and 2003 affected the net loss ratios for those years. In addition, the 2005 and 2004 net loss ratios were impacted by loss reserve strengthening of $8.9 million and $27.3 million, respectively, on certain assumed accident and health reinsurance contracts.
48
10K
gb_prudential-AR_2012
3,692
The principal reason for the increase in the tax charge attributable to policyholders’ returns is an increase in deferred tax on unrealised gains and losses on investments.
27
annual_report
2717
832
In 2004, the $6.0 million obligation to the Company’s former President and CEO was repaid in its entirety in connection with his retirement.
23
10K
SwissLifeHoldingAG-AR_2002
198
In view of the markets’ performance and changed expectations, all positions on the asset side of the balance sheet were reviewed during the course of 2002. The reassessment of various items led to extraordinary write-downs, adjustments and provisions totalling CHF 200 million. Banca del Gottardo made substantial adjust...
168
annual_report
RaiffeisenBankInternationalAG-AR_2018
2,756
To avoid legal uncertainties, eligible employees in three countries were given a cash settlement instead of an allocation of shares as permitted by the program terms and conditions. In Austria, eligible parties were granted the option of accepting a cash settlement in lieu of half of the shares due in order to offset t...
90
annual_report
AssicurazioniGeneraliSpA-AR_2019
2,638
Accumulated depreciation and impairment as at the end of the period 20 -0
13
annual_report
CNPAssurancesSA-AR_2000
1,995
Bernard Comolet, President of the Executive Board of Caisse d’Epargne Ile-de-France Paris, elected 18 September 1998.
16
annual_report
3722
697
Premiums related to AML were $38.1 million for the year ended December 31, 2006.
14
10K
3500
1,173
NIM Securitizations: NIM securitizations represent less than 1% of total asset-backed par outstanding. Since 2001, FSA has insured 67 NIM securitizations totaling $5.9 billion. Of this amount,
27
10K
INGGroepNV-AR_2020
3,899
Total value in euros 1 The opening share price on 31 December 2020.
13
annual_report
5621
1,052
There were 156 securities at December 31, 2018 that accounted for the gross unrealized loss, none of which were deemed by us to be other than temporarily impaired. There were 75 securities at December 31, 2017 that accounted for the gross unrealized loss, none of which were deemed by us to be other than temporarily imp...
119
10K
fr_axa-AR_2011
201
Canadian operations in Property & Casualty and Life & Savings insurance to Intact Financial Corporation for a total cash consideration of CAD 2.6 billion (or ca. Euro 1.9 billion).
29
annual_report
1532
262
Property and casualty losses and loss adjustment expenses for the year ending December 31, 1999 increased $20,741, or 82.1%, to $46,010 from $25,269 for the year ended December 31, 1998. This increase is due to the Company's higher than expected losses on the increased premiums earned in 1999.
48
10K
HiscoxLtd-AR_2005
32
Stuart John Bridges Group Finance Director (Aged 45) Stuart Bridges is a qualified chartered accountant, who joined the Group in 1999. He has held posts in various financial service companies in the UK and US, including Henderson Global Investors. His experience spans a broad spectrum of corporate finance ranging from ...
60
annual_report
4841
983
The fair value of a bifurcated embedded derivative associated with a reinsurance agreement was overstated by $23 million for 2011.
20
10K
RSAInsuranceGroupPLC-AR_2018
3,531
Total value of liabilities not measured at fair value – 460 – 460
13
annual_report
StandardLifeAberdeenPLC-AR_2019
1,597
On behalf of the Board, I invite you to read our remuneration report and welcome your feedback.
17
annual_report
PhoenixGroupHoldingsPLC-AR_2014
340
The above target has been set on the assumption that Solvency II regulations operate as we expect.
17
annual_report
1330
509
While the Company was able to increase its gross premium revenue from its core products, it continues to reinsure a portion of these risks to unaffiliated reinsurers. Reinsurance premiums ceded for the year ended December 31, 1998 for the Senior Market Brokerage Segment amounted to $62.9 million, a $16.3 million increa...
69
10K
5633
2,791
Embedded derivatives principally include certain direct and assumed variable annuity guarantees, equity or bond indexed crediting rates within certain funding agreements and annuity contracts, and those related to funds withheld on ceded reinsurance agreements. Embedded derivatives are recorded at estimated fair value ...
52
10K
HannoverRueckSE-AR_2014
1,958
International Insurance Company of Hannover SE, London / United Kingdom 1, 7 100.00 GBP 136,823 (6,300)
16
annual_report
PowszechnyZakladUbezpieczenSA-AR_2015
275
Investor Relations: First place for: annual online report; 2014 PZU annual report, award for 2014 Management’s activity report
18
annual_report
SwissReAG-AR_2006
2,625
Investment result excluding result from assets held for linked liabilities divided by average invested assets. Invested assets include investments, funds held by ceding companies, net cash equivalents and net reinsurances assets. Average assets are calculated as opening balance plus one half of the net asset turnover a...
51
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009
1,403
We control the credit risk in our fixed-interest investments by selecting issuers of suitable quality and respecting counterparty limits. We set very high standards for issuers, which are also reflected in our group-wide investment principles. there are additional limits on investments in structured products according ...
49
annual_report
3840
945
We are not an obligor to or guarantor of any indebtedness of any other party. We are not a party to off-balance sheet financing arrangements except for operating leases which are disclosed in Note 15 to the accompanying
38
10K
2236
751
Reinsurance Revenues. For renewable term reinsurance, we record as “premiums” the amount of reinsurance premiums we receive over the payment periods of the reinsured policies. For policies reinsured on a coinsurance or modified coinsurance basis, we record as “reinsured policy revenues” our proportionate share of the g...
61
10K
ScorSE-AR_2013
3,369
The distribution by geographic region, based on subsidiary localization, is as follows: FOR THE YEAR ENDED 31 DECEMBER
18
annual_report
NatwestGroupPLC-AR_2007
4,923
The Group’s earnings are affected by the economic and monetary environment in its key markets (UK, US, Eurozone and Asia Pacific).
21
annual_report
5725
485
We offer a range of individual annuities and individual life insurance products in New York. For operating purposes, we have established two segments: Annuities and Life. In addition, we report certain of our results of operations in Corporate & Other. See “Business - Segments and Corporate & Other” and Note 2 of the N...
68
10K
Sampoplc-AR_2006
1,494
IFRS Financial Statements: Other notes 4 Net income from financial transactions Continuing operations, EURm 2006 2005
16
annual_report
NatwestGroupPLC-AR_2015
2,225
Other than the matter disclosed on page 355, there have been no significant events between the year end and the date of approval of these accounts which would require a change to or disclosure in the accounts.
37
annual_report
4352
362
On August 17, 2011, we announced that the Georgia Department of Insurance approved the homeowners’ rates and forms of its wholly-owned subsidiary, UPCIC.
23
10K
gb_lloyds_banking_grp-AR_2013
3,819
In addition to primary liquidity holdings the Group has significant secondary liquidity holdings providing access to liquidity facilities at a number of central banks which the Group routinely makes use of as part of its normal liquidity management practices. Future use of such facilities will be based on prudent liqui...
96
annual_report
1851
150
As discussed in Note A of the Notes to the Consolidated Financial Statements, effective January 1, 2001, the Company adopted Statement of Financial Accounting Standards No. 133, “Accounting for Derivative Instruments and Hedging Activities”.
34
10K
3912
1,535
A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. At December 31, 2008, our total Level III assets approximated 3.2% of total assets measured at fair value and total Level III liabilities accounted for 100% of tota...
59
10K
5868
3,771
AFG’s maximum exposure to economic loss on the CLOs that it manages is limited to its investment in those CLOs, which had an aggregate fair value of $200 million (including $111 million invested in the most subordinate tranches) at December 31, 2020, and $165 million at December 31, 2019.
49
10K
2835
812
Commercial multi-peril provides a combination of property and liability coverage and therefore includes both short and long-tail coverages. For property coverage, it generally takes a relatively short period of time to close claims, while for the liability coverages it takes a longer period of time to close claims. The...
74
10K
Sampoplc-AR_2008
690
Economic capital is an internal measure of Sampo Group which describes the capital required in the Group in order to bear different kinds of risks. Economic capital is defined as the amount of capital required on the Group level to protect the economic solvency over a one year time horizon with a probability of either ...
81
annual_report
NatixisSA-AR_2018
1,855
The Senior Management Committee regularly examined the Company’s business development and results during its meetings throughout the year. It studied the annual, half-yearly and quarterly financial statements, before they were presented to the Board of Directors, and was involved in defining financial communications fo...
46
annual_report
fr_axa-AR_2019
501
In the Eurozone peripheral countries, the 10-year government bond yields decreased as well: -293 bps to 1.46% in Greece, -135 bps to 1.43% in Italy, -128 bps to 0.45% in Portugal, -95 bps to 0.47% in Spain, and -79 bps to 0.12% in Ireland.
44
annual_report
PosteItalianeSpA-AR_2020
5,780
C1 - Revenue from mail, parcels and other (€3,201 million) This item breaks down as follows: tab. C1 - Revenue from Mail, Parcels & other
25
annual_report
SwissLifeHoldingAG-AR_2003
509
– IHK, Chamber of Commerce and Industry St. GallenAppenzell, Member of the Board
13
annual_report
1264
852
The aggregate of long-term debt maturing in each of the next five years is approximately as follows: $4.9 in 2000, $761.9 in 2001, $119.5 in 2002, $462.4 in 2003 and $7.4 in 2004.
33
10K
1528
439
Deferred policy acquisition costs decreased approximately $18.9 million from $20.3 million at December 31, 1999 to $1.4 million at December 31, 2000, due to amounts recovered through reinsurance agreements with Employers Reassurance Corporation and North America Life.
37
10K
5369
428
The following table sets forth the participants and their participation percentages in the Pooling Arrangement. There were no changes to the participants or to their participation percentages during 2017.
29
10K
5534
1,460
The Company guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, mortgage-backed and other non-municipal securities including CDS contracts. The Company’s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owi...
79
10K
Sampoplc-AR_2019
802
Equity per share equity attributable to the parent company ‘s equity holders adjusted number of shares at balance sheet date
20
annual_report
5920
985
Amounts recoverable from reinsurers are estimated in a manner consistent with the underlying liability for losses and loss adjustment expenses. We report our reinsurance balances recoverable on paid and unpaid losses net of an allowance for estimated uncollectible amounts. The allowance is based upon our ongoing review...
102
10K
3389
416
In February 2007, FASB issued FAS 159, The Fair Value Option for Financial Assets and Financial Liabilities-Including an amendment of FASB Statement No. 115. FAS 159 permits entities to choose to measure many financial instruments and certain other items at fair value. The objective is to improve financial reporting by...
192
10K
HelvetiaHoldingAG-AR_2017
680
Traditional insurance solutions CHF 1,065.3 million, – 10.3 % in OC due to planned reduction
15
annual_report
NatwestGroupPLC-AR_2004
1,321
Amounts written off and recovered The table below shows the amounts written off by industry and geographical area.
18
annual_report
5410
1,456
Between November 12, 2015 and December 10, 2015, in connection with the then-proposed Merger, Towers Watson received demands for appraisal under Section 262 of the Delaware General Corporation Law on behalf of ten purported beneficial owners of an aggregate of approximately 2.4% of the shares of Towers Watson common st...
375
10K
AvivaPLC-AR_2017
6,643
shareholding in Antarius to Sogecap, which completed on 5 April 2017 (£0.2 billion increase to surplus) and an anticipated future change to UK tax rules restricting the tax relief that can be claimed in respect of tax losses (£0.4 billion decrease to surplus). However, under the amended tax rules published on 13 July 2...
117
annual_report
3549
3,681
The Company commits to lend funds under bank credit facilities, bridge loans and private corporate bond investments. The amounts of these unfunded commitments were $1.2 billion and $1.9 billion at December 31, 2007 and 2006, respectively.
36
10K
gb_prudential-AR_2013
3,403
Mortgage loans† 57 43 Policy loans† 611 602 Other loans‡ 254 361
12
annual_report
293
446
First Central and First Central Insurance's capital resources and liquidity relative to their assets have increased during the past number of years as a result of the infusion of $3.9 million net proceeds of First Central's initial public offering in 1985, $5.1 million net proceeds derived by First Central from the exe...
79
10K
gb_prudential-AR_2012
2,666
Equity and liabilities Equity Shareholders’ equity H11 2,581 3,761 2,306 8,648 1,783 (1,867) – 8,564 Non-controlling interests 33 – 5 38 5 – – 43
25
annual_report
AdmiralGroupPLC-AR_2006
197
As noted above, the new quota share deals for 2007 and beyond include scope for the Group to earn a larger share of the underwriting result than the 2006 and earlier contracts.
32
annual_report
TrygAS-AR_2018
119
Financial targets On 20 November 2017, Tryg presented a set of new targets for 2020. The targets were later updated following the acquisition of Alka. Tryg’s main target for 2020 is a technical result of DKK 3,300m. Other targets are a combined ratio target at or below 86, an expense ratio target of around 14 and a ret...
67
annual_report
fr_axa-AR_2001
923
December 31, 2001 under the caption “increase (decrease) in provision attributable to prior years”.
14
annual_report
4850
1,603
primarily due to growth in net premiums earned, increased property catastrophe losses and lower favorable prior year reserve development in 2012 compared to 2011. This was partially offset by the $11.5 million impact of the commutation of prior year contracts in 2011.
42
10K
PowszechnyZakladUbezpieczenSA-AR_2016
682
Furthermore, the Group’s revenue generated in 2016 was considerably impacted by the result on trading activity, which composed 10.1% of revenue, specifically the result generated with transactions on the currency market and interest rate transactions made for the benefit of the clients.
42
annual_report
INGGroepNV-AR_2007
1,192
Earnings per ordinary share attributable to shareholders of parent 47 4.32 3.57 3.32 Diluted earnings per ordinary share 47 4.28 3.53 3.32 Dividend per ordinary share 48 1.48 1.32 1.18
30
annual_report
3980
943
California-California, our largest market, represented 46.9% of our in-force premiums as of December 31, 2009. In California, we reduced our premium rates by 38.5% from January 1, 2006 through December 31, 2008. This compared with the recommendation of the California Commissioner of Insurance (California Commissioner) ...
54
10K
973
136
The Company's "available for sale" fixed maturity securities at December 31, 1998 included $4.6 million of mortgage-backed securities, $2 million of collateralized mortgage obligation securities and $12.7 million of asset-backed collateralized securities. The mortgage and asset-backed securities are subject to risks as...
114
10K
2165
313
Liquidity and Capital Resources At December 31, 2003 the Company had liquid assets of $3,398,661 in cash, U.S. Treasury Bills, money market savings accounts, and short-term certificates of deposit. All of the non-cash liquid assets can readily be converted into cash.
41
10K
3771
2,436
The non-core operations are managed in Life & Group Non-Core segment and Other Insurance segment. Life & Group Non-Core primarily includes the results of the life and group lines of business that have been sold or placed in run-off. Other Insurance primarily includes certain corporate expenses, including interest on co...
83
10K
GjensidigeForsikringASA-AR_2017
126
Competition is strong, both from established players and from some smaller niche players, but Gjensidige’s competitiveness in the Norwegian private market is still good.
24
annual_report
fr_axa-AR_2010
11,504
meetings, having reviewed the Board of Directors’ report and the Statutory Auditors’ report and having noted that the share capital of the Company is fully paid up, pursuant to the provisions of Articles L.225-129-2, L.225-135, L.225-136,
36
annual_report
NatixisSA-AR_2017
5,672
Real estate developments 0 0 0 of which €388.8 million in provisions at December 31, 2017 in respect of exposure to outstanding Madoff assets, net of insurance. The amount of (a) insurance was €123 million for disputes pertaining to the case (see Chapter [3], Section [3.11], “Risk and Capital Adequacy”).
50
annual_report
NatwestGroupPLC-AR_2007
3,531
Provision for deferred taxation has been made as follows: Group Company £m £m £m £m
15
annual_report
5820
873
The $10.1 million increase in IHC’s stockholders' equity in 2020 is primarily due to $18.9 million of net income attributable to IHC and $3.0 million of other comprehensive income attributable to IHC reduced by $6.5 million of common stock dividends declared and $7.5 million for treasury stock purchases.
48
10K
4929
1,476
In connection with the offering of the Notes, the Company also entered into cash convertible senior notes hedge transactions (the “Note Hedges”) and warrant transactions (the “Warrants”) with respect to its common stock with certain counter-parties. Upon conversion, the Note Hedges are intended to offset potential cash...
83
10K
4072
1,041
(6) Adoption of new accounting guidance on the fair value measurement of and disclosures for investments in certain entities that calculate net asset value per share (FASB Accounting Standards Update ("ASU") 2009-12).
32
10K
5494
960
MBIA Corp.’s primary objectives are to satisfy claims of its policyholders, maximize future recoveries, if any, for its Senior Lenders and surplus note holders and, then its preferred stock holders. MBIA Corp. is executing this strategy by pursuing various actions focused on maximizing the collection of recoveries and ...
115
10K
1943
887
In addition to our four health business segments, our reportable segments include a Specialty segment that is comprised of business units providing group life and disability insurance benefits, pharmacy benefit management, dental and vision administration services and behavioral health benefits services. During the thi...
80
10K
5656
523
We incur acquisition costs in connection with the production of new and renewal insurance policies which are deferred and recognized over the life of the underlying insurance policy. Acquisition costs not yet recognized are deferred and reported as “Deferred Policy Acquisition Costs.” Acquisition costs are commissions ...
92
10K