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3208 | 2,575 | A $79 decrease in net realized capital gains due to lower net realized gains on the sale of fixed maturity investments and lower net gains on non-qualifying derivatives, and | 29 | 10K |
SwissReAG-AR_2017 | 4,929 | Pathways, our Mental Health Network, was launched in the UK in February 2017. The network’s mission is to allow employees to bring their whole selves to work; to allow them to feel accepted and included and to reduce the stigma surrounding mental health issues. Training and awareness sessions have been at the core of our work since the launch. Across the globe, we also hold various local events on topics such as work stress, mental health and awareness trainings. For example, in South Korea we held two learning sessions on stress management that taught to understand stress and how to manage it properly. In Bangalore, we organised a mindfulness talk show where employees learned about the practice and benefits to reduce stress at work. To help our people stay fit, we provide onsite fitness centres and classes, for instance, in Switzerland. | 141 | annual_report |
AssicurazioniGeneraliSpA-AR_2016 | 1,094 | Income from investments in equity instruments was stable, in line with the previous year, falling from € 96 million at 31 December 2015 to € 86 million. | 27 | annual_report |
3474 | 764 | The following table summarizes activity in the Company’s equity compensation plans for stock options awards for the year ended December 31, 2007: | 22 | 10K |
2469 | 2,922 | For financial statement purposes, our revenues from the sale of whole life and term life insurance products and | 18 | 10K |
RSAInsuranceGroupPLC-AR_2014 | 8 | A Personal Motor B� 'NTRDGNKC� C� /DQRNM@K�NSGDQ� D� �"NLLDQBH@K�/QNODQSX� E� �"NLLDQBH@K�,NSNQ� F Liability G� ,@QHMD�@MC�NSGDQ� | 15 | annual_report |
nl_ing_grp-AR_2015 | 6,214 | Business Environment Assessment The Business Environment Assessment (BEA) assesses all internal control factors and external factors that could influence the internal and external operating environment and may lead to unacceptable operational risk exposure. | 33 | annual_report |
3992 | 11,806 | When a derivative instrument used in a cash flow hedge of an existing asset or liability is no longer effective or is terminated, the gain or loss recognized on the derivative is reclassified from accumulated other comprehensive income to net income as the hedged risk impacts net income. If the derivative instrument is not terminated when a cash flow hedge is no longer effective, the future gains and losses recognized on the derivative are reported in realized capital gains and losses. When a derivative instrument used in a cash flow hedge of a forecasted transaction is terminated because the forecasted transaction is no longer probable, the gain or loss recognized on the derivative is immediately reclassified from accumulated other comprehensive income to realized capital gains and losses in the period that hedge accounting is no longer applied. | 137 | 10K |
TopdanmarkAS-AR_2020 | 193 | Targeted gross efficiency gains of DKK 500m in 2025 As mentioned in the Q3 2020 Report, Topdanmark will upscale the level of investments to improve the efficiency of the company. | 30 | annual_report |
580 | 719 | As of December 31, 1996, there were 129,453 shares of common stock subscribed to at a weighted average price of $82.70 per share pursuant to grants of privileges under both plans. There were 919,334 shares available for the grant of future purchase privileges under the 1996 plan at December 31, 1996. | 51 | 10K |
4312 | 1,569 | Present Value of Expected Future Contractual Premiums- Our contractual premiums are subject to change primarily for two reasons: (1) all of our contracts provide our counterparties with the right to terminate upon our default and (2) 86% of the aggregate net par outstanding of our corporate CDO transactions (as of December 31, 2010) provide our counterparties with the right to terminate these transactions based on certain rating agency downgrades that occurred in the past. In determining the expected future premiums of these transactions, we adjust the contractual premiums for such transactions to reflect the estimated fair value of those premiums based on our estimate of the probability of our counterparties exercising this downgrade termination right and the impact it would have on the remaining expected lifetime premium. In these circumstances, we also cap the total estimated fair value of the contracts at zero, such that none of the contracts subject to immediate termination are in a derivative asset position. The discount rate we use to determine the present value of expected future premiums is our CDS spread plus a risk-free rate. This discount rate reflects the risk that we may not collect future premiums due to our inability to satisfy our contractual obligations, which provides our counterparties the right to terminate the contracts. | 213 | 10K |
4621 | 843 | Florida law limits an insurer’s investment in equity instruments and also restricts investments in medium to low quality debt instruments. We were in compliance with all investment restrictions at December 31, 2012, and 2011. | 34 | 10K |
DirectLineInsuranceGroupPLC-AR_2018 | 2,732 | 30. Other reserves Movements in the AFS investments revaluation reserve £m 2017 £m | 13 | annual_report |
4513 | 1,839 | The Company offers a broad range of products and services that include retirement, group health and employee benefits products and life insurance. These operations are managed separately as three divisions, consisting of four business segments based on product groupings, and a fifth reportable segment consisting primarily of unallocated corporate items and surplus investment income. The five segments are: Benefits (formerly Group), Deferred Annuities, Income Annuities, Life and Other. | 68 | 10K |
HannoverRueckSE-AR_2011 | 1,947 | ratios used to monitor and manage our credit risks combined ratio (non-life reinsurance) 104.3% 98.2% 96.6% 95.4% 99.7% | 18 | annual_report |
4905 | 4,573 | For the Exchange, Level 1 to Level 2 transfers totaled $36 million and Level 2 to Level 1 transfers totaled $25 million due to trading activity levels related to four preferred stock holdings and three preferred stock holdings, respectively, for the year ended December 31, 2014. Level 2 to Level 3 transfers totaled $56 million for nine fixed maturity holdings and one preferred stock holding due to the use of unobservable inputs to determine the fair value. Level 3 to Level 2 transfers totaled $24 million for three fixed maturity holdings and one preferred stock holding due to the use of observable market data to determine the fair value at December 31, 2014. | 113 | 10K |
4202 | 1,308 | The month count for aging of unrealized losses was reset back to historical unrealized loss month counts for securities impacted by the adoption of OTTI guidance in the second quarter of 2009 and for securities that were transferred from an AFS to HTM category. | 44 | 10K |
AvivaPLC-AR_2016 | 2,427 | For the finite lived intangible assets we performed the following procedures: • We agreed data to underlying documentation on a sample basis. • Understood and tested the governance process in place to determine the finite lived intangible assets, including testing the associated financial reporting control framework. | 46 | annual_report |
HannoverRueckSE-AR_2015 | 1,289 | 3 An annual premium of EUR 103,700 (25% of the pensionable income) was paid for Mr. Vogel for 2015. The guaranteed interest rate of his commitment is 3.25%. | 28 | annual_report |
PhoenixGroupHoldingsPLC-AR_2011 | 970 | There were 23 Code Staff that have been classified as Group and 23 as Ignis. Aggregate remuneration expenditure is broken down as follows: Number of staff £m | 27 | annual_report |
fr_axa-AR_2007 | 5,138 | Debt owed to credit institutions held as trading — — — — — — — — — | 17 | annual_report |
4081 | 1,206 | Option and SAR activity for the year ended December 31, 2009 is presented below: | 14 | 10K |
AdmiralGroupPLC-AR_2006 | 696 | The Goodwill held on the balance sheet at 31 December 2006 is allocated solely to the private motor insurance segment. | 20 | annual_report |
NatixisSA-AR_2013 | 6,372 | PROPERTY LP (1) Real estate fi nance FC 100 100 100 100 United States | 14 | annual_report |
Sampoplc-AR_2001 | 1,716 | Provisions for bad and doubtful debts Loans and advances to customers – 0 – 0 | 15 | annual_report |
5617 | 1,684 | See Note 6 for discussion of related party net derivative gains (losses). | 12 | 10K |
gb_prudential-AR_2011 | 3,777 | Total financial investments, net of derivative liabilities 11,169 43,650 866 55,685 Percentage of total 20% 78% 2% 100% | 18 | annual_report |
2921 | 751 | JP’s internal control system was designed to provide reasonable assurance to the company’s management and board of directors regarding the preparation and fair presentation of published financial statements. | 28 | 10K |
5415 | 9,261 | relative amount of market observable assumptions supporting the estimates. The computed values are then weighted to reflect the fair value estimate based on the specific attributes of each goodwill reporting unit. | 31 | 10K |
RaiffeisenBankInternationalAG-AR_2006 | 1,237 | Intangible and tangible fixed assets developed in the financial year 2006 as follows: Land and buildings used by the Group for own purposes 487,257 294,461 | 25 | annual_report |
fr_axa-AR_2005 | 3,296 | Note 3: Scope of consolidation 3.1. Consolidated companies 3.1.1. Main fully consolidated companies | 13 | annual_report |
NatixisSA-AR_2017 | 5,678 | Reversal (surplus provisions) Translation adjustments Changes in scope Other 12.31.2016 of which €479.9 million in provisions at December 31, 2016 in respect of outstanding Madoff assets, net of insurance.(a) | 29 | annual_report |
gb_lloyds_banking_grp-AR_2012 | 1,424 | external appointments: Tim is the Global Head of Regulatory strategy and Policy at JP Morgan. He is a director of the Great-West life insurance co., Power corporation of canada and Power Financial corp. | 33 | annual_report |
5824 | 2,997 | On February 26, 2019, MediaAlpha completed the 2019 MediaAlpha Transaction. White Mountains deconsolidated MediaAlpha as a result of the 2019 MediaAlpha Transaction and stopped reporting it as a segment. Prior to the MediaAlpha IPO, White Mountains’s non-controlling equity interest in MediaAlpha was accounted for at fair value within other long-term investments. Subsequent to the MediaAlpha IPO, White Mountains’s non-controlling equity interest in MediaAlpha is accounted for at fair value based on the publicly traded share price of MediaAlpha’s common stock. As of December 31, 2020 and 2019, the fair value of White Mountains’s investment in MediaAlpha was $802 million and $180 million. See Summary of Investment Results on page 49. | 110 | 10K |
fr_axa-AR_2011 | 6,982 | Other Non controlled investment funds held for trading - - - - | 12 | annual_report |
AegonNV-AR_2017 | 6,123 | Our work in this area included assessing the reasonableness of the assumptions by comparing it against own experience and applicable industry experiences. | 22 | annual_report |
BeazleyPLC-AR_2020 | 670 | Lloyd’s economic capital requirement (ECR) 2,116.5 1,828.4 Capital for US insurance companies 246.3 203.9 $m $m | 16 | annual_report |
5879 | 1,427 | We report results under one segment, which we refer to as our “underwriting segment.” Our underwriting segment captures the results of our underwriting lines of business, which are comprised of specialty products on a worldwide basis. We also have a corporate function that includes accelerated expense for the unamortized original issue discount and underwriting fees relating to the partial redemption of our 8½% cumulative redeemable preference shares, or the preference shares, and interest expense on our senior notes as well as certain operating expenses related to corporate activities referred to as certain corporate expenses. Certain corporate expenses are generally comprised of costs associated with the ongoing operations of the holding company, such as compensation of certain executives, and costs associated with the initial setup of subsidiaries (refer to “- Reconciliation of non-U.S. GAAP financial measures” for a discussion about certain corporate expenses). | 142 | 10K |
BeazleyPLC-AR_2017 | 89 | Given the nature of Beazley’s business, the key risks that impact financial performance arise from insurance activities and fall into the following categories: • Market cycle risk: The risk of systematic mispricing of the medium tailed specialty lines business which could arise due to a change in the US tort environment, changes to the supply and demand of capital, and companies using incomplete data to make decisions; • Natural catastrophe risk: The risk of one large event caused by nature affecting a number of policies and therefore giving rise to multiple losses. Given Beazley’s risk profile, this could be a hurricane, major windstorm or earthquake; • Non natural catastrophe risk: This risk is similar to natural catastrophe risk except that multiple losses arise from one event caused by mankind. Given Beazley’s risk profile, examples include a coordinated cyber attack, an act of terrorism, an act of war or a political event; • Reserve risk: The risk that the reserves put aside for claims to be settled in the future turn out to be insufficient; and | 175 | annual_report |
nl_ing_grp-AR_2017 | 5,217 | Below the three activities are described in more detail: Capital Management is responsible for managing the investment of own funds (core capital), more information can be found in the Capital Management section. Capital is invested for longer periods, targeting to maximise return, while keeping earnings stable. | 46 | annual_report |
5886 | 470 | The impact of assumption updates in 2019 was a decrease of $1.4 billion to income (loss) from continuing operations, before income taxes and a decrease to net income (loss) of $1.1 billion. This includes a $1.4 billion unfavorable impact on the reserves for our variable annuity product features as a result of unfavorable updates to our: (i) interest rate assumptions; and (ii) policyholder behavior, primarily lapse and withdrawal assumptions, further magnified by low interest rates. | 75 | 10K |
Sampoplc-AR_2002 | 196 | If’s investment results in 2002 were significantly affected by the global decline in share prices, partially offset by positive developments in fixed income markets. The overall return on investment activities was 2.1 per cent. During 2002, If successfully reduced investment risks by decreasing equity investments and increasing fixed income investments. | 50 | annual_report |
2824 | 893 | Subsidiaries of the Company (the "Subsidiaries") sponsor and/or administer various qualified and non-qualified defined benefit pension plans and postretirement employee benefit plans covering employees and sales representatives who meet specified eligibility requirements. | 32 | 10K |
HannoverRueckSE-AR_2013 | 48 | In non-life reinsurance we were able to maintain the operating profit (EBIT) virtually unchanged on a level in excess of EUR 1 billion, despite a 17 percent decline in investment income. This was made possible above all by the fact that the increase in the underwriting profit comfortably outweighed the contraction in ordinary investment income. The appreciable deterioration in extraordinary investment income, which in the year under review reached a level in line with normalised expectations, was to some extent offset by an improvement in other income. Net income in the non-life reinsurance business group climbed by 18 percent to EUR 808 million, thereby benefiting from the positive tax effect already described above in connection with provisions for deferred taxes. | 120 | annual_report |
NatwestGroupPLC-AR_2013 | 5,782 | The Group’s business performance could be adversely affected if its capital is not managed effectively or as a result of changes to capital adequacy and liquidity requirements Effective management of the Group’s capital is critical to its ability to operate its businesses, and to pursue its strategy of returning to standalone strength. The Group is required by regulators in the UK, the US and other jurisdictions in which it undertakes regulated activities to maintain adequate capital resources. The maintenance of adequate capital is also necessary for the Group’s financial flexibility in the face of continuing turbulence and uncertainty in the global economy and specifically in its core UK, US and European markets. | 112 | annual_report |
234 | 507 | The following GAAP basis tables should be read in conjunction with the consolidated financial statements of the Company and the notes thereto. Year Ended December 31, ($ in thousands) 1995 1994 1993 1992 1991 Operating Data: ----- ---- ---- ---- ---- Revenues: Net premiums earned $5,533 $5,221 $121,015 $131,799 $118,324 Net investment income 3,101 3,313 7,165 12,188 11,599 Realized gains (losses) on investments (743) (598) (5,471) 5,888 4,813 ----- ----- ------- ------ ------ Total revenues 7,891 7,936 122,709 149,875 134,736 Operating expenses: Losses and loss adjustment expenses 5,402 4,019 148,437 107,583 85,631 Losses-government pools - - 897 2,864 6,551 Policy acquisition expenses 1,863 2,068 35,378 24,799 19,033 Other operating expenses 1,769 1,360 14,771 14,706 13,574 ----- ----- ------ ------ ------ Total operating expenses 9,034 7,447 199,483 149,952 124,789 ----- ----- ------- ------- ------- Operating income (loss) (1,143) 489 (76,774) (77) 9,947 Equity in loss of non- consolidated subsidiary - (7,309) - - - Equity in earnings (loss) of investee - (103) 632 413 - ------ ----- ------ ------ ------ Income (loss) before income taxes, minority interest and extra- ordinary items (1,143) (6,923) (76,142) 336 9,947 Income tax expense (benefit) (282) 168 962 (919) 2,704 ---- ---- ----- ----- ----- Income (loss) before minority interest and other items (861) (7,091) (77,104) 1,255 7,243 Minority interest 219 - - - - Extraordinary gain 38,387 - - - - Change in accounting principle - - - (233) - ------ ------ ------ ----- ----- Net income (loss) $37,745 $(7,091) $(77,104)$ 1,022 $7,243 ====== ===== ====== ===== ===== | 253 | 10K |
CNPAssurancesSA-AR_2014 | 426 | CNP Assurances | Registered office: 4, place Raoul Dautry, 75716 Paris Cedex 15 | Tel.: +33 (0)1 42 18 88 88 | www.cnp.fr | Caisse des Dépôts Group | 28 | annual_report |
4826 | 1,102 | On January 23, 2014, the Company’s Board of Directors declared a quarterly dividend of $0.275 per common share. The dividends are scheduled for payment on March 21, 2014 to stockholders of record on February 21, 2014. | 36 | 10K |
AvivaPLC-AR_2013 | 326 | § Automation: We will reduce manual interventions in processes, reducing overheads by, for example, increasing auto-settled claims. This will enable us to move to a model of ongoing efficiency improvement that has significant customer benefits. | 35 | annual_report |
SwissReAG-AR_2004 | 2,161 | As of 31 December 2004 Number of shareholders in % Number of shares in % | 15 | annual_report |
3153 | 2,390 | Premiums increased 43% in 2006 due to higher sales of our term life insurance products. | 15 | 10K |
275 | 289 | date on which the hedged transaction occurs. In using these instruments, UNUM is subject to the off-balance-sheet risk that the counterparties of the transactions will fail to completely perform as contracted. UNUM manages this risk by only entering into contracts with highly rated institutions and listed exchanges. UNUM does not intend to hold derivative financial instruments for the purpose of trading. At December 31, 1995 and 1994, UNUM had no open derivative financial instruments. | 74 | 10K |
5266 | 582 | Other income consists of net gains on fixed assets, non-investment interest, and other miscellaneous income. Other income was $0.6 million, $0.2 million, and $0.3 million for the years ended December 31, 2016, 2015, and 2014, respectively. | 36 | 10K |
3683 | 1,890 | Payables for Collateral Under Securities Loaned and Other Transactions - The estimated fair value for payables for collateral under securities loaned and other transactions approximates carrying value. The related agreements to loan securities are short-term in nature such that the Company believes there is limited risk of a | 48 | 10K |
SwissReAG-AR_2013 | 1,424 | Key responsibilities of the Board of Directors Board of Directors and group ec: areas of responsibility the Board of directors exercises ultimate responsibility for the Group. It delegates the responsibility for managing the Group’s operations to the Group ec (see section executive Management, starting on page 86). the Group ec also supports the Board of directors in fulfilling its duties and prepares proposals for consideration and decision-making by the Board of directors related to the following key responsibilities with Group relevance: strategy, the business plan, organisational structure, accounting principles, risk tolerance levels, share capital and any share repurchase programme, along with principles of financing through capital markets as well as for important strategic transactions. the following tables provide a summary of the key responsibilities of the Board of directors and delegations to the Group ec. | 135 | annual_report |
5077 | 1,435 | In 2016, pension and other postretirement benefit service costs related to active employees will continue to be allocated to our business segments. For further information regarding our pension and postretirement plans, see Note 18 to the Consolidated Financial Statements. | 39 | 10K |
5917 | 1,351 | Average renewal premium rates for insurance and facultative reinsurance increased 11.3% in 2020 and 4.8% in 2019, when adjusted for changes in exposures. Average renewal premium rates for insurance and facultative reinsurance excluding workers' compensation increased 13.6% in 2020 and 6.9% in 2019, when adjusted for changes in exposures. | 49 | 10K |
1686 | 298 | Revenue Recognition Membership fees are recognized in income ratably over the related service period in accordance with Membership terms, which generally require the holder of the Membership to remit fees on at least a monthly basis. Approximately 95% of the Company's members remit their Membership fees on a monthly basis. Membership fees received in advance for Membership periods beyond the balance sheet date are included in Deferred revenue and fees. | 70 | 10K |
HelvetiaHoldingAG-AR_2015 | 37 | The net combined ratio improved to 92.1 %, once again exceeding the Group’s target of 94 % to 96 %. | 20 | annual_report |
4667 | 1,579 | The components of the net realized and unrealized investment gains on the funds held - directly managed account for the years ended December 31, 2012, 2011 and 2010 were as follows (in thousands of U.S. dollars): | 36 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013 | 1,552 | The following new or revised standards will not become mandatory until a later date. The relevant information will be disclosed separately. Without exception, the legal changes have not yet been adopted into European law. | 34 | annual_report |
916 | 198 | At its May 29, 1998 meeting, the Company's Board of Directors approved a stock repurchase plan providing for the repurchase of up to one million shares of the Company's stock. As of December 31, 1998, the Company has repurchased one million shares at an average cost of $22.07 per share. The Company funded these repurchases using available cash and $15.0 million of borrowings under its Revolving Credit Facility. | 68 | 10K |
HiscoxLtd-AR_2016 | 1,514 | The Group’s AAA rated reinsurance assets include fully collateralised positions at 31 December 2016 and 2015. | 16 | annual_report |
NatixisSA-AR_2014 | 9,786 | R make any necessary adjustments to take into account the impact of transactions on the Company’s capital, particularly in the event of a change in the share’s par value, a capital increase by capitalization of reserves, free share or capital stock allocations, stock splits or reverse stock splits, distribution of reserves or any other assets, redemption of capital, or any other transaction affecting shareholders’ equity or share capital (including by public offering and/or change of control), and set the terms that will safeguard, where applicable, the rights of holders of securities that give access to capital, | 96 | annual_report |
NatwestGroupPLC-AR_2016 | 4,936 | Finance leases and instalment credit — 12,269 — — 3 — 12,272 (3) 12,269 | 14 | annual_report |
3382 | 936 | Interest credited - to policyholders was $600.0 million and $612.0 million for the years ended December 31, 2007 and 2006, respectively. The decrease of $12.0 million was the result of a decrease in average policyholder balances which decreased interest credited by $31.9 million offset by a higher average interest credited rate which increased interest credited by $19.9 million. | 58 | 10K |
2089 | 716 | We have defined our reportable segments based on the nature of our reinsurance agreements and the accounting treatment used for the various reinsurance agreements. Based on this definition, we have identified two reportable segments: non-universal life-type agreements and universal life-type agreements (as each is referenced in SFAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments, paragraphs 44 and 45). | 74 | 10K |
4705 | 980 | A summary of the effect of non-hedging derivatives on our income statement for the years ended December 31, 2013, 2012 and 2011 is as follows: | 25 | 10K |
1532 | 531 | Effective May 1, 1998, the Company acquired all of the issued and outstanding shares of common stock of Graward. Consideration in the transaction included cash of $7,500 and Subordinated Convertible Notes (the "Notes") with a principal amount of $2,700. The Company accounted for the transaction as a purchase. The excess purchase price over the fair value of the assets was $16,245 (see Note 1 "SPECIAL ITEMS"). | 66 | 10K |
3108 | 608 | The timing of claim reporting to reinsurers is delayed in comparison with primary insurance. In some instances there are multiple reinsurers assuming and ceding parts of an underlying risk causing multiple contractual intermediaries between General Re or BHRG and the primary insured. In these instances, the delays in reporting can be compounded. The relative impact of reporting delays on the reinsurer varies depending on the type of coverage, contractual reporting terms and other factors. Contracts covering casualty losses on a per occurrence excess basis may experience longer delays in reporting due to the length of the claim tail as regards to the underlying claim. In addition, ceding companies may not report claims to the reinsurer until it becomes reasonably possible that the reinsurer will be affected, usually determined as a function of its estimate of the claim amount as a percentage of the reinsurance contract retention. On the other hand, the timing of reporting large per occurrence excess property losses or property catastrophe losses may not vary significantly from primary insurance. | 171 | 10K |
HiscoxLtd-AR_2007 | 1,054 | TheGroup’s intangible asset relating to syndicate capacity has been allocated, for impairment testing purposes, to one individual cash generating unit being the active Lloyd’s corporate member entity. TheGroup has considered the recoverable amount from the active Lloyd’s corporate member entity on a value in use basis. This calculation uses cash flow projections based on financial forecasts approved by management covering a five-year period. Cash flows beyond the five-year period are extrapolated based on an average level of return and annual growth estimated at 2% consistent with the industry long term average. A pre-tax discount factor of 7% has been applied to projected cash flows as part of the exercise. The results of this exercise indicate that the recoverable amount exceeds the intangible’s carrying value. TheGroup’s weighted average cost recognised on the balance sheet is approximately 10Pence per Pound of syndicate capacity held, which is significantly below the average openmarket price of 26 Pence per Poundwitnessed in the recent Lloyd’s of London Syndicate 33 capacity auctions in Autumn 2007. | 168 | annual_report |
4740 | 1,121 | EIA and IUL products have returns tied to the performance of equity markets. As a result of fluctuations in equity markets, the obligation incurred by the Company related to EIA and IUL products will positively or negatively impact earnings over the life of these products. As a means of economically hedging its obligations under the provisions of these products, the Company enters into index options and futures contracts. The gross notional amount of these derivative contracts was $512 million and $210 million at December 31, 2013 and 2012, respectively. | 89 | 10K |
RaiffeisenBankInternationalAG-AR_2012 | 105 | ■ A leading market position in its home markets safeguards RBI‘s long-term profitability. ■ Group-wide uniform risk management, corresponding to the bank‘s risk-taking capacity and aimed at avoiding concentration risks (loans, liquidity, etc.), safeguards the company‘s independence. | 37 | annual_report |
Sampoplc-AR_2016 | 1,804 | 2. Investment transactions shall be executable on short notice when an opportunity appears. This puts pressure on authorizations and credit limit structures and procedures which must be simultaneously (i) carried out flexibly enough to facilitate fast decision making regardless of instrument type, (ii) well-structured to ensure that investment opportunities are assessed prudently, taking into account the specific features and risks of all investment types and (iii) able to restrict the maximum exposure of a single name risk to a level that is within the company’s risk appetite. | 87 | annual_report |
5446 | 1,119 | The Company had the following operating and capital loss carryforwards (in millions): | 12 | 10K |
5339 | 1,283 | We use various derivative instruments to manage risks related to certain life insurance and annuity products. We can use these derivatives as economic hedges against risks inherent in the products. These risks have a direct impact on the cost of these products and are correlated with the equity markets, interest rates, foreign currency levels, and overall volatility. The hedged risks are recorded through the recognition of embedded derivatives associated with the products. These products include the GLWB rider associated with the variable annuity, fixed indexed annuity products as well as indexed universal life products. During the year ended December 31, 2016 (Successor Company), we experienced net realized gains on derivatives related to VA contracts of approximately $11.1 million. The net gains on derivatives related to VA contracts for the year ended December 31, 2016 (Successor Company) in addition to capital market impacts were affected by changes in assumed mortality and GLWB utilization. | 152 | 10K |
SwissReAG-AR_1981 | 493 | Canada Canadian Reassurance Company 95 St. Clair Avenue West, Toronto M4V 1N9, Ontario with a branch office in Montreal Canadian Reinsurance Company 95 St. Clair Avenue West, Toronto M4V1N9, Ontario with branch offices in Montreal and Vancouver | 37 | annual_report |
522 | 339 | The carrying value of the Company's investment in equity securities is fair value. As of December 31, 1996, gross unrealized gains and gross unrealized losses on equity securities were $22,912,000 and $723,000, respectively. Gross unrealized gains and gross unrealized losses on equity securities were $9,054,000 and $2,110,000, respectively, as of December 31, 1995. | 53 | 10K |
TrygAS-AR_2012 | 1,285 | Interest expenses Interest expenses subordinate loan capital and credit institutions -83 -80 Interest expenses other -30 -20 9 Price adjustments Price adjustments concerning financial assets or liabilities at fair value with value adjustment in the income statement: Equity investments 13 2 Unit trust units -100 378 Share derivatives 16 -2 | 50 | annual_report |
INGGroepNV-AR_2015 | 5,309 | Non-financial risks: • Operational risk: the risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems or from external events. It includes reputational risk, as well as legal risk; and • Compliance risk: the risk of impairment of ING Bank’s integrity as a result of failure (or perceived failure) to comply with applicable laws, regulations, ING Bank policies and minimum standards and the ING Values as part of the Orange Code. | 77 | annual_report |
SwissLifeHoldingAG-AR_2015 | 15 | Even if recent years have seen us make consistent progress – these successes were not just given to us, especially considering the low and even negative interest rate levels. Nor was it necessarily to be expected that Standard & Poor’s would improve our rating from A– to A, as they did in May last year. We also see Swiss Life’s return to the Swiss Market Index of the 20 largest Swiss companies in March as further confirmation of our progress. | 80 | annual_report |
AvivaPLC-AR_2015 | 5,500 | Share options and awards The Company maintains a number of active stock option and share award schemes. Details of any outstanding awards under these schemes are set out in ‘IFRS Financial statements – note 31 – Group’s share plans’. Details of employee share schemes are set out in Note 31 and/or the Directors’ remuneration report. In addition to the share schemes mentioned in note 31 and the DRR, we operate the following share schemes: The matching share plan Under the Aviva all employee share ownership plan (AESOP), eligible employees can invest up to statutory limits, currently £150 per month out of their gross salary in the Company’s shares. A matching element was introduced in April 2013 through which the Company matches every purchased share with two matching shares for the first £40 of a participant’s monthly contribution. Matching shares are subject to forfeiture if purchased shares are withdrawn from the AESOP within three years of purchase, as long as the employee remains employed by the Company. Participants are also eligible to receive dividend shares through the AESOP. | 177 | annual_report |
NatwestGroupPLC-AR_2006 | 3,004 | Rest of the World 35,004 21,535 17,305 Total overseas offices 109,049 61,908 58,313 Loans and advances to customers – gross 349,691 256,453 227,244 Provisions for bad and doubtful debts (4,222) (3,922) (3,920) Loans and advances to customers – net 345,469 252,531 223,324 | 42 | annual_report |
AegonNV-AR_2019 | 474 | As our data analytic and AI capabilities grow, we may benefit from more accurate underwriting of risk, but will need to be mindful of our obligation to make financial and insurance services widely available. Genome mapping (genomics) creates opportunities to offer more individualized insurance solutions and offer more targeted pricing of the underlying risk. Ethical discussions, however, are taking place worldwide about what data to share and how. The development of these discussions will influence insurance solutions and access to them. In many markets, lifestyle is increasingly intertwined with insurance products; as an insurer, we have an opportunity to inform and engage customers about lifestyle choices, and consider how we can also reflect those in our underwriting and pricing. | 119 | annual_report |
ASRNederlandNV-AR_2009 | 334 | • Ardanta: the specialist in funeral insurance. Distribution takes place through several channels, such as the internet and funeral companies. | 20 | annual_report |
2606 | 688 | ML of New York experienced net realized investment gains (losses) of $0.6 million and ($3.2) million during 2003 and 2002, respectively. The following table provides the changes in net realized investment gains (losses) by type: | 35 | 10K |
ASRNederlandNV-AR_2009 | 1,504 | Loans and receivables (chapter 11.4) 6,098 6,280 6,628 cash and cash equivalents (chapter 15) 685 654 483 | 17 | annual_report |
998 | 239 | Effective January 1, 1998, the Company adopted the Financial Accounting Standards Board s Statement of Financial Accounting Standards No. 131, Disclosures about Segments of an Enterprise and Related Information (Statement 131). Statement 131 superseded FASB Statement No. 14, Financial Reporting for Segments of a Business Enterprise. Statement 131 establishes standards for the way that public business enterprises report information about operating segments in annual financial statements and requires that those enterprises report selected information about operating segments in interim financial reports. The Company's only material operating segment is the underwriting of surety insurance products. In accordance with Statement 131 the Company has not reported financial information on separate segments. Statement 131 also establishes standards for related disclosures about products and services, geographic areas, and major customers. The adoption of Statement 131 did not affect results of operations or financial position. | 140 | 10K |
2744 | 2,169 | be specific to us or to the long-term care insurance industry. Factors which could cause actual results to differ from expectations include, among others, our ability to comply with the Corrective Action Plan, the Florida Consent Order, the orders or directives of other states in which we do business or any special provisions imposed by states in connection with the resumption of writing new business, our ability to commute our reinsurance agreement and to recapture our reinsured policies, whether our Corrective Action Plan will be accepted and approved by all states, our ability to secure premium rate increases, our ability to meet our future risk-based capital goals, the adverse financial impact of suspending new business sales, our ability to raise adequate capital to meet regulatory requirements and to support anticipated growth, the cost associated with recommencing new business sales, liquidity needs and debt obligations, the adequacy of our loss reserves and the recoverability of our DAC asset, our ability to sell insurance products in certain states, our ability to resume generating new business in all states, our ability to comply with government regulations and the requirements which may be imposed by state regulators as a result of our capital and surplus levels, the ability of senior citizens to purchase our products in light of the increasing costs of health care, our ability to defend ourselves against adverse litigation, the results of the SEC review of our request related to prospective unlocking of future policyholder benefits and our ability to recapture, expand and retain our network of productive independent agents, especially in light of the suspension of new business. | 268 | 10K |
LloydsBankingGroupPLC-AR_2013 | 2,095 | Auditor independence and remuneration Both the Board and the external auditor have safeguards in place to protect the independence and objectivity of the external auditor. The Audit Committee has a comprehensive policy to regulate the use of the auditor for non-audit services. This policy sets out the nature of work the external auditor may not undertake and guidance on the hiring of former external audit staff. | 66 | annual_report |
SwissLifeHoldingAG-AR_2004 | 861 | (“legal quote”) and Change in Accounting Policy . . . . 41 139 Branches, Subsidiaries, Associates, Partnerships 140 Events after the Balance Sheet Date . . . . . . . . . . . . . . 43 | 39 | annual_report |
NatixisSA-AR_2008 | 5,678 | Prise de Participation de l’Etat (SPPE) which is authorized to subscribe to issues of subordinated securities eligible for inclusion in the equity of the issuing banks. | 26 | annual_report |
AdmiralGroupPLC-AR_2018 | 1,945 | Total transactions with equity holders – – – – – (259.6) (259.6) 1.8 (257.8) | 14 | annual_report |
NatixisSA-AR_2020 | 118 | Key figures 2020 In 2020, Natixis posted positive net income for the full year thanks to a marked rebound in its business lines. These good results demonstrate the agility of its business model and the daily commitment of its teams to serving its customers. Through its results and its solid financial position, Natixis demonstrates its ability to create sustainable value for all its stakeholders and also returns to dividend payments. | 70 | annual_report |
SwissLifeHoldingAG-AR_2009 | 1,296 | FRANCE — The value of new business for Swiss Life in France is determined as the sum of the value of new business for the life business and that for the health business. | 33 | annual_report |
Sampoplc-AR_2020 | 1,012 | Other comprehensive income for the period 37 67 217 322 0 322 1) IAS 19 Pension benefits had a net effect of EURm 2 (-90) on retained earnings. 2) The total comprehensive income includes also the share of the associate Nordea's other comprehensive income, in accordance with the Group's share holding. The retained earnings thus include EURm 38 (-30) of | 60 | annual_report |
5331 | 1,690 | Other investments - the Company utilized information received from fund managers and positive and negative evidence, including the business prospects, recent events, industry and market data and other factors. Impairment losses reflected a reduction on certain funds which were in an unrealized loss position for a significant length of time. | 50 | 10K |
2747 | 686 | $77.4 million of operating income generated by OPRe, including approximately $109 million of net investment income partially offset by underwriting losses on unexpired risks and reserve strengthening totaling approximately $15 million and operating expenses of approximately $16 million; | 38 | 10K |
2524 | 962 | Statement No. 123(R) must be adopted no later than July 1, 2005, and we expect to adopt the Statement on that date. As permitted by Statement No. 123, the Company currently accounts for share based payments to employees using the intrinsic value method as detailed in Opinion No. 25 and, as such, generally recognizes no compensation cost for employee stock options. Accordingly, the adoption of Statement No. 123(R)’s fair value method will have an impact on our results of operations, although it will have no impact on our overall financial position. The impact of adoption of Statement No. 123(R) cannot be predicted at this time because it will depend on levels of share based payments granted in the future. However, had we adopted Statement No. 123(R) in prior periods, the impact of the standard would have approximated the impact of Statement No. 123 as described in Note 2.n. of the Notes to Consolidated Financial Statements included in Item 8 of this annual report. | 163 | 10K |
Sampoplc-AR_2006 | 109 | 27 September Sampo launches the “Oma Numero” (Own Number) service for retirement financal planning. | 14 | annual_report |
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