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StandardLifeAberdeenPLC-AR_2014 | 2,719 | Expected contributions to the plans in 2015 are as follows: Defined benefit Defined | 13 | annual_report |
ScorSE-AR_2016 | 2,327 | RISK FACTORS AND RISK MANAGEMENT MECHANISMS Operational risk < #3 3.7.1.4. RISKS RELATED TO ExTERNAL EVENTS | 16 | annual_report |
4221 | 5,294 | Income tax expenses of approximately $13.3 million and $1.4 million were generated in 2010 and 2009, respectively, as compared to a benefit of approximately $13.0 million in 2008. Higher income in 2010 and 2009 generated higher income taxes. The benefit in 2008 was primarily attributable to a lower net income and a deferred tax benefit realized on other than temporary impairments incurred on the Company’s investment portfolio. | 67 | 10K |
5380 | 1,284 | Amounts presented in this Note relate only to Ambac’s non-derivative insurance business for insurance policies issued to beneficiaries, including VIEs, for which we do not consolidate the VIE. | 28 | 10K |
5078 | 509 | Loss before income taxes from real estate and corporate operations for the year ended December 31, 2014 was $2.8 million, compared with a loss from real estate and corporate operations before income taxes of $2.9 million for the year ended December 31, 2013. Segment losses consist of other operating expenses not directly related to our insurance operations, interest expense and stock-based compensation offset by investment income on corporate invested assets. We incurred $1.7 million of interest expense during both the years ended December 31, 2014 and 2013 related to the debentures issued in June 2007. For additional information, see “Liquidity and Capital Resources” in Item 7 of this report. | 109 | 10K |
StorebrandASA-AR_2007 | 171 | Storebrand and SPP is a good strategic fit and provides advantages to both customers and shareholders. | 16 | annual_report |
1092 | 557 | The Company's derivative financial instruments at December 31, 1998, consisted of mortgage loan commitments of $408, European style call options of $71, interest rate floors of $46 and various swap options of $12. The notional value of the European style call options at December 31, 1998 was $212 and the options expire from June 1999 to October 2008. The options are used to hedge market risk associated with the Company's S&P 500 indexed annuity product. The notional value of the interest rate floors at December 31, 1998 was $6,100 and the floors have expiration dates from September 2002 to October 2003. The notional value of the swap options at December 31, 1998 was $3,700 and they have expiration dates from December 2008 to December 2029. | 125 | 10K |
StandardLifeAberdeenPLC-AR_2006 | 679 | Subsequent to the listing of the shares of Standard Life plc on the London Stock Exchange on 10 July 2006, there have been significant movements in equity from that date which are summarised below: Period 10 July 2006 to | 39 | annual_report |
HiscoxLtd-AR_2005 | 104 | Hiscox USA is still at an early stage of its development and officially opens in March. Ed Donnelly is busy getting licences and building his team. | 26 | annual_report |
RaiffeisenBankInternationalAG-AR_2020 | 5,525 | The impact assessment in relation to affected FX-indexed or FX-denominated loan agreements may also be influenced by the outcome of ongoing administrative proceedings conducted by the President of the Office of Competition and Consumer Protection (UOKiK) against RBI’s Polish branch. Such administrative proceedings are, inter alia, based on the alleged practice of infringing collective consumer interests as well as on the classification of clauses in standard agreements as unfair. As at this point of time, it is uncertain what the potential impact of said proceedings could be on FX-indexed or FX-denominated loan agreements and RBI. Furthermore, such proceedings could result in the imposition of administrative fines on RBI’s Polish branch – and in case of appeals – in administrative court proceedings. | 121 | annual_report |
3962 | 654 | Historically, membership growth has been the primary reason for our increasing annual premium revenues, although more recently our revenues have also grown due to the more care-intensive benefits and related higher premiums associated with our ABD and Medicare members. We have increased our membership through both internal growth and acquisitions. The following table sets forth the approximate total number of members by state health plan as of the dates indicated: | 70 | 10K |
NatwestGroupPLC-AR_2019 | 1,913 | 2. Aggregate remuneration expenditure Aggregate remuneration expenditure in respect of 2019 performance was as follows: Aggregate remuneration Senior mgmt | 19 | annual_report |
NatixisSA-AR_2014 | 2,944 | Holding companies and conglomerates * In accordance with the Ministerial Order of February 20, 2007 (Basel 2) applicable at December 31, 2013 and as per Natixis’ registration document fi led on March 14, 2014. | 34 | annual_report |
5221 | 700 | The assumptions that have had the most significant impact to net periodic costs are the discount rate and expected long-term rate of return on plan assets. The discount rate assumption reflects the yield available on high-quality, fixed-income debt securities that match the expected timing of the benefit obligation payments. Assumptions for the expected long-term rate of return on assets of the funded defined benefit pension plans are based on future expectations for returns for each asset class based on the calculated market-related value of plan assets and the effect of periodic target asset allocation rebalancing, adjusted for the payment of reasonable expenses of the plans from plan assets. See Note 13 Employee Benefit Plans to the consolidated financial statements for discussion of the termination of the Company’s funded defined benefit pension plans. | 132 | 10K |
AvivaPLC-AR_2001 | 843 | Share of result of associated undertakings 10 – 4 1 Amortisation of goodwill on associated undertakings (19b) (13) – – – | 21 | annual_report |
252 | 214 | (2) Notes and Contracts Payable Notes and contracts are summarized as follows: | 12 | 10K |
4553 | 903 | Other-than-temporary investment (“OTTI”) losses for each of the three years ending December 31, 2012 were as follows (in millions). | 19 | 10K |
5594 | 1,396 | In the first quarter of 2015 we implemented a structure in Gibraltar Life’s operations that disaggregated the USD- and AUD-denominated businesses into separate divisions, each with its own functional currency that aligns with the underlying products and investments. The result of this alignment was to reduce differences in the accounting for changes in the value of these assets and liabilities that arise due to changes in foreign currency exchange rate movements. For the USD- and AUD-denominated assets that were transferred under this structure, the net cumulative unrealized investment gains associated with foreign exchange remeasurement that were recorded in “Accumulated other comprehensive income (loss)” (“AOCI”) totaled $6.0 billion and will be recognized in earnings within “Realized investment gains (losses), net” over time as these assets mature or are sold. As of December 31, 2018, the remaining net cumulative unrealized investment gains balance related to these assets was $3.2 billion. Absent the sale of any of these assets prior to their stated maturity, approximately 9% of the $3.2 billion balance will be recognized in 2019, approximately 12% will be recognized in 2020, and a majority of the remaining balance will be recognized from 2021 through 2024. | 194 | 10K |
3881 | 552 | Favorable net prior year development of $80 million was recorded in 2008 related to our Standard Lines, Specialty Lines and Corporate & Other Non-core segments. This amount consisted of $75 million of favorable claim and allocated claim adjustment expense reserve development and $5 million of favorable premium development. Favorable net prior year development of $73 million was recorded in 2007 related to our Standard Lines, Specialty Lines and Corporate & Other Non-core segments. This amount consisted of $38 million of favorable claim and allocated claim adjustment expense reserve development and $35 million of favorable premium development. Further information on Net Prior Year Development for 2008 and 2007 is included in Note F of the Consolidated Financial Statements included under Item 8. | 121 | 10K |
fr_axa-AR_2014 | 3,318 | Company to be closer to the amounts paid by its international peers while not creating a gap with the French market practice. | 22 | annual_report |
AegonNV-AR_2013 | 4,289 | Aegon exercised its option rights to purchase in aggregate 12,691,745 common shares B at market value. It did this to prevent dilution caused by Aegon’s issuance of shares on May 1, 2013, May 16, 2013, in connection with the Long Term Incentive Plans for senior management and the issuance of shares on June 14, 2013, being the final dividend 2012 in the form of stock-dividend. | 65 | annual_report |
5464 | 1,020 | Through December 31, 2016, Metropolitan Life Insurance Company (“MLIC”), a former affiliate, provided and the Company contributed to defined benefit pension and postemployment plans for its employees and retirees. MLIC also provides and the Company contributes to a postretirement medical and life insurance benefit plan for certain retired employees. The Company accounts for these plans as multiemployer benefit plans and as a result the assets, obligations and other comprehensive gains and losses of these benefit plans are not included in the balance sheet. Within its statement of operations, the Company has included expense associated with its participants in these plans. These plans also include participants from other affiliates of MLIC. The Company’s participation in these plans ceased December 31, 2016. | 120 | 10K |
de_allianz-AR_2008 | 794 | The net loss for 2008 amounted to � 2,444 million compared to a net income of � 7,966 million a year ago. | 22 | annual_report |
gb_prudential-AR_2005 | 1,992 | Investments of long-term business, banking and other operations: Investment properties H7 13,180 13,303 | 13 | annual_report |
SwissLifeHoldingAG-AR_2015 | 1,174 | The pressure on margins due to the challenging interest rate environment following the decisions of the Swiss National Bank from January 2015 was counteracted by comprehensive repricing measures in individual life and mitigated by further reduced guarantees in group life. Combined with increased volumes in both group and individual life and a strong contribution from assumed reinsurance business, the value of new business remained at a high level. | 68 | annual_report |
ASRNederlandNV-AR_2012 | 505 | Other notes 169 37 Related party transactions 170 38 Remuneration of the Executive Board and | 15 | annual_report |
3541 | 976 | The Company adopted FASB Interpretation No. 48, “Accounting for Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109” (“FIN 48”) effective January 1, 2007. The adoption of FIN 48 had no effect on the Company’s consolidated financial statements. As of December 31, 2007, the Company has no tax positions for which management believes a provision for uncertainty is necessary. The Company’s federal income tax returns for tax years subsequent to December 31, 2003 are subject to examination by the Internal Revenue Service. | 85 | 10K |
5242 | 845 | (14) Primarily reflects favorable prior accident year loss reserve development in the professional liability, general liability and umbrella/excess lines of business, and primarily related to the 2006 through 2010 accident years, partially offset by unfavorable prior accident year loss reserve development in the directors’ and officers’ liability lines of business in the 2011 and 2012 accident years. | 57 | 10K |
3596 | 1,226 | The Company’s insurance subsidiaries are subject to regulations that restrict their ability to pay dividends or make other distributions of cash or property to their immediate parent company without prior approval from the Department of Insurance of their respective states of domicile. As of December 31, 2007, $1,802.3 million of the Company’s net assets are restricted from dividend payments without prior approval from the Departments of Insurance. During 2008, the Company’s title insurers can pay or make distributions to the Company of approximately $251.1 million, without prior approval. | 88 | 10K |
883 | 195 | Consolidated Statements of Cash Flows - Years Ended December 31, 1998, 1997, and 1996......................... 23 | 15 | 10K |
1695 | 862 | • The increase in insurance and investment product fees of 0.4% in 2001 was due to the following. Insurance and investment product fees for variable annuities decreased because average assets under management decreased as a result of negative investment performance. At December 31, 2001, funds under management for variable annuities were $4.7 billion, an increase of $0.3 billion, or 8%, from December 31, 2000. The decrease in funds under management due to negative investment performance was $0.6 billion from December 31, 2000. Variable annuity sales were $1.5 billion for the year ended 2001, an increase of 117% from 2000 primarily as a result of our | 105 | 10K |
Sampoplc-AR_2015 | 2,604 | EEquity and equity indequity and equity index optionsx options -- -- -- 11 00 00 | 15 | annual_report |
5839 | 428 | Statements made in the following discussion that are not historical in nature are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to known and unknown risks, uncertainties and other factors. Horace Mann Educators Corporation (referred to in this report as "we", "our", "us", the "Company", "Horace Mann" or "HMEC") is an insurance holding company. We are not under any obligation to (and expressly disclaim any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. It is important to note that our actual results could differ materially from those projected in forward-looking statements due to a number of risks and uncertainties inherent in our business. See Part I - Item 1A of this Annual Report on Form 10-K for additional information regarding risks and uncertainties. | 143 | 10K |
PhoenixGroupHoldingsPLC-AR_2020 | 4,598 | It has been assumed that post-retirement mortality is in line with a scheme-specific table which was derived from the actual mortality experience in recent years, performed as part of the actuarial funding valuation as at 31 March 2018, using the SAPS S2 ‘Light’ tables for males and for females based on year of use. Future longevity improvements are based on amended CMI 2019 Core Projections (2019: CMI 2018 Core Projections) and a long-term rate of improvement of 1.70% (2019: 1.60%) per annum for males and 1.20% (2019: 1.30%) per annum for females. Under these assumptions the average life expectancy from retirement for a member currently aged 45 retiring at age 65 is 25.4 years and 26.5 years for male and female members respectively (2019: 25.7 years and 27.2 years respectively). | 130 | annual_report |
5735 | 478 | The carrying amount and fair value of the Company’s financial assets disclosed, but not carried, at fair value as of December 31, 2019 and 2018 and the level within the fair value hierarchy at which such assets and liabilities are measured on a recurring basis are summarized as follows: | 49 | 10K |
4832 | 2,651 | At December 31, 2013 and 2012, the revolving credit available under the Syndicated Credit Agreements (as defined below) and under the December 9, 2011 unsecured credit agreement, respectively, was unutilized. The 2013 Citi Agreements (as defined below) provide for issuance of letters of credit and revolving credit loans up to an aggregate amount of $575 million. At December 31, 2013, $575 million of letters of credit were issued under the 2013 Citi Agreements and therefore such amount is not included here. | 81 | 10K |
AegonNV-AR_2006 | 656 | Pensions and individual life insurance continue to be our core products. In 2006, AEGON The Netherlands’ corporate and institutional sales force, and its TKP Pensioen unit, posted improved sales. AEGON is now the second largest pensions provider in the | 39 | annual_report |
5865 | 521 | During 2019, the Company received notice from Gen Re that effective July 31, 2019, the XOL reinsurance coverage for the ASI Pool Companies would terminate on a cut-off basis. Additionally, effective September 30, 2019, the ASI Pool Companies’ Quota Share contract with Swiss Re was terminated on a run-off basis. During 2020, the Company received notice from Gen Re that effective January 1, 2020, the XOL reinsurance coverage for Global Liberty terminated on a run-off basis. See “Part II, Item 7, 2020 Developments” for certain developments with respect to the Company and the Insurance Subsidiaries. | 95 | 10K |
2048 | 867 | This report includes a number of statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. You can identify forward-looking statements because generally they include words such as “believes”, “expects”, “intends”, “anticipates”, “estimates”, and similar expressions. Forward-looking statements in this report include expected developments in the Company’s insurance business, including losses for asbestos, environmental pollution and mass tort claims; the Company’s expectations concerning its revenues, earnings, expenses and investment activities; expected cost savings and other results from the Company’s restructuring activities; and the Company’s proposed actions in response to trends in its business. | 100 | 10K |
TrygAS-AR_2012 | 431 | The investment activities are regulated by legislation and by the policies and guidelines adopted and issued by the Supervisory Board. | 20 | annual_report |
GjensidigeForsikringASA-AR_2019 | 428 | A special arrangement in Norway is the Norwegian Natural Perils Pool, which is regulated by the Natural Perils Insurance Act. Membership of the Pool is compulsory for all insurance companies that sell property insurance (fire insurance) in Norway. The Pool is an equalisation mechanism whereby claims and costs are distributed between the member companies in proportion to their share of the market. The following natural perils are covered by the Pool: storms, landslides/avalanches, floods, storm surges, earthquakes and volcanic eruptions. In accordance with the pertaining regulations, each natural disaster claim will only be covered up to a certain amount, which limits Gjensidige’s losses relating to such claims. As of 1 January 2020, the insurance companies’ total liability for an individual natural disaster claim is limited upwards to NOK 16 billion. Because Gjensidige will only be charged corresponding to its share of the market and the | 145 | annual_report |
5258 | 949 | Homeowners premiums written totaled $497 million in 2015, a 1.8% decrease from $506 million in 2014. Factors impacting premiums written were the following: | 23 | 10K |
2913 | 162 | MLOA entered into a modified coinsurance ("MODCO") agreement with U.S. Financial Life Insurance Company ("USFL"), an affiliate, effective January 1, 1999, whereby MLOA agreed to reinsure 90% of all level premium term life insurance policies written by USFL after January 1, 1999. Effective January 1, 2000, this agreement was amended to reinsure 90% of all term life and universal life insurance policies written by USFL after January 1, 2000. A second amendment, effective April 1, 2001, added a new series of term life insurance policies issued by USFL and a DAC tax provision. Under the agreement, MLOA shared in all premiums and benefits for the reinsured policies based on the 90% quota share percentage, after consideration of | 117 | 10K |
INGGroepNV-AR_2011 | 1,689 | Notes to the consolidated annual accounts of ING Group amounts in millions of euros, unless stated otherwise 1 W ho w e are 2 Report of the Executive Board 3 C orporate governance 4 C onsolidated annual accounts 5 Parent com pany annual accounts 6 O ther inform ation 7 A | 51 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2019 | 232 | In 2019, the Monetary Policy Council decided not to change interest rates. They remained flat at the level set in March 2015 – the reference interest rate was 1.5%. According to the Monetary Policy Council, the current level of interest rates is still conducive to keeping the Polish economy on a sustainable growth path and helps it preserve macroeconomic balance. | 60 | annual_report |
2152 | 973 | Revenues on interest sensitive life insurance contracts are composed of contract charges and fees, which are recognized over the coverage period. Premiums for other life insurance products and annuities are recognized as revenue when due after deductions for ceded insurance premiums. | 41 | 10K |
AvivaPLC-AR_2012 | 3,727 | Deferred income 319 359 Reinsurers’ share of deferred acquisition costs 11 12 | 12 | annual_report |
ScorSE-AR_2019 | 265 | 1.2.5.3. Life Reinsurance SCOR’s Global Life segment underwrites Life reinsurance business in the following product lines: • Protection; • Financial Solutions; • Longevity. | 23 | annual_report |
NatwestGroupPLC-AR_2016 | 2,407 | However, the choices we’ve had to make as we move RBS | 11 | annual_report |
2845 | 945 | The Group entered into five interest rate swap agreements to hedge against interest rate risk on its floating rate Trust preferred securities. Interest rate swaps are contracts to convert, for a period of time, the floating rate of the Trust preferred securities into a fixed rate without exchanging the instruments themselves. | 51 | 10K |
SwissReAG-AR_1982 | 544 | Ceding company: The insurer which cedes (passes on) ->• risks to the ^ reinsurer. | 14 | annual_report |
NatwestGroupPLC-AR_2016 | 792 | Corporate Finance and Co-Head of its global business and CEO of the EMEA region. He relinquished his management roles at the end of 2005, and was appointed Vice Chairman of UBS | 31 | annual_report |
4232 | 599 | On December 21, 2010, we acquired Concentra Inc., or Concentra, a health care company based in Addison, Texas, for cash consideration of $804.7 million. Through its affiliated clinicians, Concentra delivers occupational medicine, urgent care, physical therapy, and wellness services to workers and the general public through its operation of medical centers and worksite medical facilities. The Concentra acquisition provides entry into the primary care space on a national scale, offering additional means for achieving health and wellness solutions and providing an expandable platform for growth with a management team experienced in physician asset management and alternate site care. | 98 | 10K |
5571 | 2,275 | We estimate an unfavorable combined long-term and short-term interest rate impact on the adjusted earnings of our Asia segment from the Low Interest Rate Scenario of $20 million, $45 million and $85 million in 2019, 2020 and 2021, respectively. | 39 | 10K |
PosteItalianeSpA-AR_2015 | 4,794 | Consorzio Servizi Telef. Mobile ScpA - - - - - - - 38 - | 14 | annual_report |
AegonNV-AR_2009 | 845 | AEGON had, however, taken a number of steps designed to position itself for a possible downturn in the global economy. These steps included: Reducing the company’s overall exposure to world � | 31 | annual_report |
NatixisSA-AR_2005 | 777 | In 2005, these values were translated into concrete principles for managers in a document entitled “Être manager chez Natexis Banques Populaires” (“Being a Manager at Natexis Banques Populaires”). | 28 | annual_report |
AdmiralGroupPLC-AR_2008 | 120 | 11 Number of people employed in the Group rose to 3,110 from 2,500 (+24%), we opened a new office in Newport (Wales, not Rhode Island) and we’re hiring in every operation! | 31 | annual_report |
5191 | 1,250 | Basic and Diluted Net Income (Loss) Per Common Share, Basic net income (Loss) per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the periods presented using the treasury stock method. Diluted net income (loss) per common share is computed by including common shares that may be issued subject to existing rights with dilutive potential, when applicable. Dilutive common stock equivalents are primarily comprised of stock options and warrants. | 79 | 10K |
2331 | 981 | In April 2003, the FASB issued SFAS 149, “Amendment of Statement 133 on Derivative Instruments and Hedging Activities.” SFAS 149 amends and clarifies financial accounting and reporting for derivative instruments, including certain derivative instruments embedded in other contracts and for hedging activities under SFAS 133. SFAS 149 amends SFAS 133 for decisions made as part of the Derivatives Implementation Group process that effectively required amendments to SFAS 133, decisions made in connection with other FASB | 75 | 10K |
gb_prudential-AR_2012 | 1,567 | I look forward to receiving your support for the directors’ remuneration report at our AGM. | 15 | annual_report |
AvivaPLC-AR_2018 | 3,355 | 49 – Tax assets and liabilities This note analyses the tax assets and liabilities that appear in the statement of financial position and explains the movements in these balances in the year. | 32 | annual_report |
SwissReAG-AR_2010 | 621 | Sales of protection products, which held up relatively well during the crisis, developed differently in the main markets in 2010. In the US, term sales were down 10% in 2010, partly reflecting price increases and fewer product offerings as well as the economic downturn. In markets like the UK and Ireland, sales continued to be subdued as a result of the weak housing market. By contrast, Canada and Italy, where sales are less dependent on mortgages, posted double-digit growth. | 79 | annual_report |
5187 | 907 | In 2015, actual experience differed from our key assumptions as of December 31, 2014, resulting in $210 million of favorable incurred costs related to prior years' medical costs payable or 1.3% of the current year incurred costs as reported in 2014. In 2014, actual experience differed from our key assumptions as of December 31, 2013, resulting in $159 million of favorable incurred costs related to prior years' medical claims, or 1.0% of the current year incurred costs reported in 2013. Specifically, the favorable impact is due to faster than expected completion factors and lower than expected medical cost trends, both of which included an assumption for moderately adverse experience. | 109 | 10K |
SwissLifeHoldingAG-AR_2016 | 3,017 | SHARES ISSUED AS AT END OF PERIOD 32 081 201 32 081 054 | 13 | annual_report |
4039 | 1,515 | In 2008, the Company also incurred severance expenses as it integrated HRH into its existing North America operations. Severance costs of $2 million (2007: $nil) relating to the elimination of approximately 100 positions in the Company’s existing operations were recognized through the consolidated statement of operations in 2008. In addition, $16 million of severance expenses relating to 900 HRH positions eliminated as part of the integration plan were recognized as a liability on acquisition. | 74 | 10K |
5339 | 762 | the amortization of DAC, VOBA, and certain policy liabilities that is impacted by the exclusion of these items. | 18 | 10K |
3298 | 2,860 | Fund American's reportable segments are Primary Insurance Operations, Affiliate Quota Shares and Other Operations. | 14 | 10K |
4812 | 1,419 | primarily due to increased competition for loans that meet our size, duration and underwriting standards. Additionally, U.S. Treasury rates were low throughout 2012 and 2013, which has led to a decline in our overall mortgage loan portfolio yield. | 38 | 10K |
AegonNV-AR_2000 | 458 | Variable life and variable annuities were the Group’s growth stars last year: AEGON USA | 14 | annual_report |
5228 | 980 | Note: Jurisdictions in italics in the table above are those that predominately use a judicial foreclosure process, which generally increases the amount of time it takes for a foreclosure to be completed. | 32 | 10K |
4848 | 1,621 | numerous temporary differences between our taxable income and financial statement income and other changes in shareholders’ equity. Such temporary differences relate primarily to unrealized gains and losses on investments and differences in the recognition of deferred acquisition costs, unearned premium and insurance reserves. We charge deferred income taxes associated with balances that impact other comprehensive income, such as unrealized appreciation and depreciation of investments (except the amounts related to the effect of income tax rate changes), to shareholders’ equity in AOCI. We charge deferred taxes associated with other differences to income. | 91 | 10K |
PhoenixGroupHoldingsPLC-AR_2011 | 249 | Insurance Groups’ Directive (‘IGD’) surplus is the regulatory assessment of capital adequacy on a Group‑wide basis: Analysis The estimated IGD surplus has increased to £1.3 billion with IGD capital generation of £0.6 billion offsetting the payment of dividends, debt interest and debt repayments of £0.3 billion. The surplus of £1.3 billion represents headroom of £0.4 billion (2010: £0.1 billion) over the Group’s IGD capital policy. | 65 | annual_report |
2178 | 238 | WE MAY SUFFER LOSSES FROM LITIGATION As is typical for a large insurance group, we are involved in litigation. Among other things, we, like other participants in the insurance industry, have been subject in recent years to an increasing volume of class action litigation challenging a range of industry practices. Our litigation exposure could result in a material adverse effect on our operating results and financial condition in a future period in the event of an unexpected adverse outcome or if additional reserves are required to be established for such litigation. For a description of our current material litigation matters, see Note 11 of the consolidated financial statements. | 108 | 10K |
5547 | 1,829 | We incurred fees of approximately $8.2 million, included within net unrealized gains (losses), for the year ended December 31, 2018 to Hillhouse and its affiliated entities in relation to the management of the funds described above. | 36 | 10K |
gb_lloyds_banking_grp-AR_2013 | 1,408 | – Operations costs increased slightly from 2012 to 2013 with enhancements to our customer services processes and regulatory and compliance activities, in areas such as Global Payments, offset by Simplification savings. This includes delivering Industry Accounts Switchers, Global Anti Money laundering and Foreign Account Tax Compliance Act projects serving the rest of the Group. | 54 | annual_report |
HannoverRueckSE-AR_2010 | 681 | H A N N O V E R L I F E R E G E R M A N Y | 21 | annual_report |
5189 | 739 | The following is a progression of the credit-related portion of OTTI on investments owned at December 31, 2016, 2015, and 2014 (in thousands). | 23 | 10K |
1925 | 319 | (1)Under GAAP accounting requirements, only those immediate annuities with life contingencies are recognized in premiums. Those without life contingencies, called period certain, are recorded directly as liabilities and generate contract charges and investment margin. | 34 | 10K |
5928 | 1,714 | In February 2019, the Company awarded contingent stock options ("2019 Stock Options") under the 2014 Omnibus Plan. These options are subject to vesting conditions based on the achievement of specified performance measures, and generally become | 35 | 10K |
nl_ing_grp-AR_2013 | 1,682 | Reference is made to Note 46 ‘Fair value of assets and liabilities’ for more disclosure on fair values of real estate investments. | 22 | annual_report |
DirectLineInsuranceGroupPLC-AR_2012 | 427 | Performance We continue to focus on improving our product options to meet customer needs and increase customer value. New product ranges were launched in 2012 for our Sainsbury’s Bank and Nationwide Building Society partnerships. | 34 | annual_report |
4526 | 652 | Loss ratio. The loss ratio is the ratio (expressed as a percentage) of losses and LAE incurred to net premiums earned and measures the underwriting profitability of a company’s insurance business. The Company measures the loss ratio on an accident year and calendar year loss basis to measure underwriting profitability. An accident year loss ratio measures losses and LAE for insured events occurring in a particular policy year, regardless of when they are reported, as a percentage of net | 79 | 10K |
2743 | 1,015 | We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Company’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for purposes of expressing an opinion on the effectiveness of internal controls over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. | 155 | 10K |
Sampoplc-AR_2008 | 1,235 | Group exercises control if its shareholding is more than 50 per cent of the voting rights or it otherwise has the power to exercise control over the financial and operating policies of the entity. Subsidiaries are consolidated from the date on which control is transferred to the Group, and cease to be consolidated from the date that control ceases. | 59 | annual_report |
2504 | 330 | Other operating revenue decreased to $2.2 million for 2003 from $2.9 million for 2002. The decrease was the result of reduced savings sharing revenue at our California and Michigan HMOs. | 30 | 10K |
4184 | 1,956 | As discussed in Note 1, we revised our reportable segments during the fourth quarter of 2010 to establish a separate reportable segment for excess and surplus lines. This will allow readers to view this business in a manner similar to how it is managed internally when making operating decisions. This new segment includes results of The Cincinnati Specialty Underwriters Insurance Company and CSU Producer Resources. Historically, the excess and surplus lines results were reflected in Other. Prior period data included in this annual report has been adjusted to represent this new segment. | 92 | 10K |
PosteItalianeSpA-AR_2019 | 2,518 | Disused data centers with reduction from 12 to 8 local data centers | 12 | annual_report |
PosteItalianeSpA-AR_2017 | 5,265 | Address Software Srl (Rome) Subsidiary 237 51.00% 931 466 465 1,087 38 | 12 | annual_report |
4685 | 1,445 | The credit loss component of OTTI recognized in earnings is calculated based on the difference between the amortized cost of the security and the net present value of its projected future cash flows discounted at the effective interest rate implicit in the debt security prior to the impairment. The significant inputs and the methodology used to estimate the credit losses are disclosed in Item 8, Note 5(d) to the Consolidated Financial Statements. | 72 | 10K |
fr_axa-AR_2009 | 1,123 | On February 12, 2008, AXA announced it had reached an agreement with ING for the acquisition of 100% of the share capital of its Mexican insurance subsidiary Seguros ING, for a price of $1.5 billion (€959 million). In 2007, Seguros ING was the third largest Mexican insurer (12% total market share, 5.5 million clients), with leading positions in key markets, such as Motor (2nd largest player with a 17% market share) and Health (2nd largest player with a 19% market share). AXA intends to accelerate and complete the initiated turnaround of Seguros ING by dedicating seasoned management capabilities and leveraging the Group’s global platforms and expertise, notably in IT and reinsurance. | 111 | annual_report |
3604 | 843 | AIC and AGI contributed $14.8 million of earned premiums growth in 2007. The growth from AIC and AGI is related to increases in personal lines. During 2007, AIC’s and AGI’s earned premiums for homeowner and manufactured home increased $10.0 million, or 6.3%, automobile increased $2.9 million, or 0.9%, and farmowner increased $1.2 million, or 4.3%. In addition, there were increases in other personal lines of $421 thousand and a slight increase in commercial lines of $51 thousand with an increase in ceded catastrophe premiums and working cover premiums of $347 thousand. In addition, reinsurance assumed premiums increased $360 thousand. | 99 | 10K |
StandardLifeAberdeenPLC-AR_2012 | 1,121 | Transactions in foreign currencies are translated to the functional currency at the exchange rate ruling at the date of the transaction. At each balance sheet date, monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the balance sheet date and any exchange differences arising are taken to the income statement. Non-monetary assets and liabilities measured at historical cost in a foreign currency are translated to the functional currency using the exchange rate at the date of the transaction and so no exchange differences arise. Non-monetary assets and liabilities stated at fair value in a foreign currency are translated at the exchange rate ruling at the balance sheet date. Where fair value movements in assets and liabilities are reflected in the income statement, the corresponding exchange movements are also recognised in the income statement. Where fair value movements in assets and liabilities are reflected directly in other comprehensive income, the corresponding exchange movements are also recognised directly in other comprehensive income. | 167 | annual_report |
TrygAS-AR_2011 | 886 | The Supervisory Board intends to consider any public takeover bid as prescribed by legislation and, depending on the nature of such bid, to convene an extraordinary general meeting of shareholders in accordance with applicable rules. | 35 | annual_report |
fr_axa-AR_2009 | 2,968 | Banca Monte dei Paschi di Siena S.p.A, Chairman of the Board | 11 | annual_report |
4847 | 1,808 | At December 31, 2013, the aggregate of long term debt maturing in each of the next five years is approximately as follows: $840 million in 2014, $948 million in 2015, $1.5 billion in 2016, $977 million in 2017, $337 million in 2018 and $6.3 billion thereafter. Long term debt is generally redeemable in whole or in part at the greater of the principal amount or the net present value of scheduled payments discounted at the specified treasury rate plus a margin. | 81 | 10K |
GjensidigeForsikringASA-AR_2018 | 524 | Notification Reporting procedures are in place for employees who experience discrimination. Gjensidige has an equality and discrimination committee that convenes as necessary. The committee comprises staff from the HR department and employee representatives. It is the Group’s HSE manager who decides when to convene the committee. The committee held one meeting in 2016 , one in 2017 and one in 2018. The topic of these meetings was equal pay for women and men. | 73 | annual_report |
fr_axa-AR_1999 | 253 | There have been no Year 2000 problems encountered that could have a material adverse effect on the business, financial condition or results of operations of | 25 | annual_report |
2767 | 713 | There are a number of significant risks and uncertainties inherent in the process of monitoring impairments and determining if an impairment is other than temporary. These risks and uncertainties include: (1) the risk that our assessment of an issuer's ability to meet all of its contractual obligations will change based on changes in the credit characteristics of that issuer; (2) the risk that the economic outlook will be worse than expected or have more of an impact on the issuer than anticipated; (3) the risk that our investment professionals are making decisions based on fraudulent or misstated information in the financial statements provided by issuers; and (4) the risk that new information obtained by us or changes in other facts and circumstances lead us to change our intent to hold the security until it recovers in value. Any of these situations could result in a charge to net income in a future period. At December 31, 2005, we had $13,163.6 million in available-for-sale fixed maturity securities with gross unrealized losses totaling $256.2 million. Included in the gross unrealized losses are losses attributable to both movements in market interest rates as well as temporary credit issues. Net income would be reduced by approximately $166.5 million, on an after-tax basis, if all the securities were deemed to be other than temporarily impaired. In 2005, we recognized $48.7 million in after-tax gains on the sales of impaired securities including a $33.9 million after-tax recovery received as the result of a litigation settlement. We also recognized an additional $3.3 million in after-tax impairment losses on assets that had previously been impaired and an additional $1.2 million in after-tax losses on the sale of previously impaired securities. | 282 | 10K |
GjensidigeForsikringASA-AR_2015 | 734 | Changes in framework conditions Solvency II Preparations for the Solvency II regulations have been prioritised in 2015. Solvency II entails new rules for calculating capital requirements and qualifying funds, risk management requirements and requirements for the reporting of the risk and capital situation. The regulations entered into force on 1 January 2016. The Group is well-prepared for the regulatory changes. | 60 | annual_report |
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