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3807
984
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, together with net operating loss and tax credit carryforwards. Significant components of our deferred tax asset...
52
10K
5919
578
Gross premiums earned increased $138.7 million, or 23.8%, to $721.0 million for the year ended December 31, 2020, as compared to $582.3 million for the year ended December 31, 2019. The higher gross premiums earned was primarily driven by continued non-Florida growth, including $73.3 million from MIC's non-Florida busi...
49
10K
ScorSE-AR_2020
3,388
Accounts payable on ceded reinsurance transactions (564) (666) (1,230) (623) (808) (1,431)
12
annual_report
HelvetiaHoldingAG-AR_2013
2,230
Held­to­maturity investments (HTM) 235.1 727.9 607.6 1 804.7 – 3 375.3
11
annual_report
NatixisSA-AR_2016
440
The guarantee, which was agreed in principle and announced in August 2009, was formally approved on November 12, 2009 by the corporate bodies of BPCE and of Natixis, with retroactive effect to July 1, 2009.
35
annual_report
StorebrandASA-AR_2016
800
As an extension of the general policies and guidelines, a code of ethics has been drawn up that applies to all employees and representatives of
25
annual_report
3613
942
As discussed below and under the caption “Description of Business-Loss Reserves,” there are a number of factors that could cause actual losses and loss adjustment expenses to differ materially from the amount that we have reserved for losses and loss adjustment expenses.
42
10K
4067
1,014
Mortgage loans on real estate: Mortgage loans on real estate are reported at amortized cost, less impairment write-downs and allowance for losses. If the value of any mortgage loan is determined to be impaired (i.e., when it is probable that the Company will be unable to collect all amounts due according to the contrac...
149
10K
PosteItalianeSpA-AR_2016
1,081
(46) Where, following entry into effect of the new legislation, the employee has not exercised any option regarding the investment of vested employee termination benefits, the Group has remained liable to pay the benefits until 30 June 2007, or until the date, between 1 January 2007 and 30 June 2007, on which the emplo...
79
annual_report
de_allianz-AR_2008
848
Allianz SE of � 1,585,675,000 for the fiscal year 2008 be appropriated as follows: – Distribution of a dividend of � 3.50 per no-par share entitled to a dividend: � 1,585,675,000.
31
annual_report
2907
613
During the year ended December 31, 2005, the Company completed 50 acquisitions. Individually, these acquisitions were not material. Of these acquisitions, 31 have been in the Company’s title insurance segment, 1 in the Company’s mortgage information segment, 3 in the Company’s property information segment and 15 in the...
205
10K
2824
1,783
The number of asbestos cases that may be brought or the aggregate amount of any liability that Metropolitan Life may ultimately incur is uncertain. Accordingly, it is reasonably possible that the Company's total exposure to asbestos claims may be greater than the liability recorded by the Company in its consolidated fi...
108
10K
AvivaPLC-AR_2000
55
£61m >£2,501 million of new retail investment sales >£220 billion of assets under management >To provide the investment expertise that will safeguard our customers’ wealth over the long term >To share techniques and expertise around the world and to operate increasingly as a global fund manager >To exploit CGNU’s scale...
86
annual_report
AdmiralGroupPLC-AR_2012
1,262
Number of free share awards vesting during the year ended 31 December 2012: Original Awards
15
annual_report
fr_axa-AR_2005
4,246
Payables arising from direct insurance and inward reinsurance operations 4,680 4,680 3,863 3,863
13
annual_report
SwissReAG-AR_2018
1,168
SST risk-bearing capital – market value margin 46 345 40 637 –5 708 SST target capital – market value margin 17 217 16 188 –1 029 SST ratio 269% 251% –18pp
31
annual_report
NatwestGroupPLC-AR_2017
1,733
The company did not pay a dividend on ordinary shares in 2015, 2016 or 2017.
15
annual_report
4970
2,236
Managed gross premiums written for the year ended December 31, 2014 were $135.2 million compared to $143.1 million for the year ended December 31, 2013, a decrease of $8.0 million or 5.6%. A reconciliation of managed gross premiums written to gross premiums written, the most comparable U.S. GAAP financial measure, is p...
59
10K
Sampoplc-AR_2017
2,385
The reclassification of medical malpractice pool public sector from a service contract to an insurance contract effect also payables balances. Payables of EUR 112 million are reclassified from trade payables to the insurance obligations.
34
annual_report
2223
464
The Company monitors the creditworthiness of counterparties to these financial instruments by using criteria of acceptable risk that are consistent with on-balance sheet financial instruments. The controls include credit approvals, credit limits and other monitoring procedures. Additionally, the Company enters into col...
64
10K
RSAInsuranceGroupPLC-AR_2013
2,986
The directors believe that the methodology used supports the inclusion of the investments in subsidiaries in the statement of financial position, at the fair values ascribed to them. The market value of the Company’s ordinary shares at 31 December 2013 was 91.4p. A movement of 1% in the share price would have an impact...
60
annual_report
SwissReAG-AR_1992
28
Summary of mportant Figures in millions of Swiss francs Swiss Re, Zurich 1992 1991
14
annual_report
de_allianz-AR_2008
2,015
On the other hand, we believe that supplementary insurance will further increase, despite ongoing competition from statutory health insurers which have been allowed to offer special supplementary insurance (so called “Wahltarif ”) from 2007 onwards.
35
annual_report
5754
846
We were organized by the NDFB to provide insurance protection for its members. We have a royalty agreement with the NDFB that recognizes the use of their trademark and provides royalties to the NDFB based on the premiums written on Nodak Insurance’s insurance policies. Royalties paid to the NDFB were $1,352, $1,315, an...
87
10K
4066
1,358
Insurance and facultative reinsurance contracts are written based on agreed upon terms and conditions which include a stated premium for coverages provided. The stated premium is then recorded as written premium at the effective date of the policy. In general, if the terms and conditions change during the policy period...
88
10K
ScorSE-AR_2009
235
Firstly, a deterioration in the financial situation of an issuer (sovereign, public or private) may result in an increase in the relative cost of refinancing and a reduction in the liquidity of the securities issued leading to a reduction in the value of its bonds. Secondly, the borrower’s financial situation can cause...
73
annual_report
NatixisSA-AR_2004
1,326
Net gains/(losses) on trading account securities 21 92 35 (93) Net gains/(losses) on trading account securities 257 43 (33) Net foreign exchange gains/(losses) 41 3 38 Net gains/(losses) on financial instruments (206) (11) (98)
34
annual_report
INGGroepNV-AR_2010
1,052
JACKSON P. TAI (Born 1950, American nationality, male; appointed in 2008, resigned on 6 January 2011) Former vice-chairman and chief executive officer of DBS Group Holdings. Former managing director in the Investment Banking Division of JP Morgan. Other business activities: non-executive director of each of NYSE Eurone...
70
annual_report
Sampoplc-AR_2015
155
Due to structural improvements If P&C also invested heavily in change management. However, the total number of employees has remained stable during 2015.
23
annual_report
4720
451
Estimation of losses is inherently judgmental. The conditions that affect the claim rate and claim severity include the current and future state of the domestic economy, including unemployment and the current and future strength of local housing markets. Current conditions in the housing and mortgage industries make th...
208
10K
NatixisSA-AR_2015
2,986
R TABLEAU 16B: DESCRIPTION OF FACTORS THAT HAVE IMPACTED EXPECTED LOSSES ON PERFORMING EXPOSURES With the exception of transactions measured under the standardized approach, other items not representing a credit obligation, equities or securitization positions.
35
annual_report
HelvetiaHoldingAG-AR_2018
2,917
 Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s internal control.
40
annual_report
3833
7,766
In 2006, GAFRI sold Chatham Bars Inn, a resort hotel located on Cape Cod, Massachusetts, for $166 million. After sales expenses, contingencies and the write-off of certain deferred acquisition costs on annuities associated with the gain recognition, GAFRI recognized a pretax gain of approximately $48.7 million. In 2007...
85
10K
fr_axa-AR_2008
1,248
Net investment result improved by €39 million (+28%) to €181 million. On a constant exchange rate basis, net investment result increased by €33 million (+23%) driven by higher volume and higher investment return, mainly on loans and bonds.
38
annual_report
3992
11,858
In December 2007, the FASB issued new accounting guidance which clarifies that a noncontrolling interest in a subsidiary is that portion of the subsidiary’s equity that is attributable to owners of the subsidiary other than its parent or parent’s affiliates. Noncontrolling interests are required to be reported as equit...
203
10K
LloydsBankingGroupPLC-AR_2002
247
Weighted sales by distribution channel: Branch network 350.6 376.2 Independent financial advisors 348.5 279.8
14
annual_report
RaiffeisenBankInternationalAG-AR_2018
5,440
Liabilities are predominantly recognized at amortized cost. In addition to interest expense, if there are differences between the amount paid and face value, the effective interest method is used and amounts are shown in net interest income. This category mainly includes customer deposits and securities issues for refi...
49
annual_report
4251
888
The federal income tax provisions vary from the amounts computed when applying the statutory federal income tax rate. A reconciliation of the effective tax rate for American National to the statutory federal income tax rate is shown below (in thousands, except percentages):
42
10K
PhoenixGroupHoldingsPLC-AR_2016
1,613
This was increased to £1.032 billion to £1.182 billion to reflect the AXA and Abbey acquisitions (£191 million increase to the range).
22
annual_report
705
447
The Company is a specialty property, casualty, marine and aviation insurance and reinsurance company operating in the London market through its London based subsidiary, Terra Nova, in the Continental European Market through its French subsidiary, Corifrance, purchased on September 8, 1997, in the Bermuda market through...
148
10K
TrygAS-AR_2017
1,153
21 Other provisions Other provisions at 1 January 125 132 Exchange rate adjustment -4 0 Change in provisions -10 -7
20
annual_report
5069
570
directly or indirectly, to approximately 81% of the net income of the Company, compared to approximately 77% as of December 31, 2014. For more information on the Company’s structure, see Note 1-Organization, in the accompanying consolidated financial statements.
38
10K
StandardLifeAberdeenPLC-AR_2014
949
Furthermore, to support our transition to becoming a global investment solutions provider and to create alignment across our most senior leadership population we are proposing, for this population, the application of a consistent long-term incentive arrangement. In order to be able to provide a consistent long–term inc...
63
annual_report
2187
1,145
interest crediting rates and the potential for credit defaults and lower reinvestment rates on investments, we could experience additional spread compression in future periods.
24
10K
ScorSE-AR_2019
968
X -XX ---Kory SORENSON X-X - -Claude TENDIL --X -X -XX -X
12
annual_report
194
521
The cost and estimated fair values of equity securities are as follows (in thousands):
14
10K
1958
690
The Company reported a before-tax net realized investment loss of $315.0 million, comprised of gross gains of $208.2 million and gross losses of $523.2 million, of which $454.4 million related to write-downs on fixed maturity and equity securities. These write-downs were recognized as a result of management’s determina...
151
10K
4303
938
Alleghany’s ability and intent to hold the investment for a period of time sufficient to allow for any anticipated recovery.
20
10K
AvivaPLC-AR_2014
4,794
O ther inform ation Aviva plc Annual report and accounts 2014 | 289
13
annual_report
NatwestGroupPLC-AR_2015
3,105
RBS Risk Management is a function independent of the franchises, structured by risk discipline to facilitate the effective management of risk.
21
annual_report
2909
3,319
Unfavorable homeowner reserve reestimates in 2005 were primarily due to severity development that was greater than expected. In 2005, reestimates included $66 million related to 2004 hurricanes of which $31 million was the FL Citizens assessment that was accruable in 2005. These were offset primarily by late reported l...
55
10K
5540
1,644
$17.7 million of adverse development was experienced in 2018 on the reserve for losses and loss adjustment expenses held at December 31, 2017. This adverse reserve development included $15.0 million of adverse development in the Excess and Surplus Lines segment, including $20.7 million of adverse development in the com...
183
10K
SwissReAG-AR_1988
483
Adriatico in the consolidation for the first time and to higher capital funds and increased reported earnings.
17
annual_report
2188
843
Also on the date of demutualization, Prudential Financial completed an initial public offering of its Common Stock and completed the sale, through a private placement, of its Class B Stock, a separate class of common stock. The Common Stock reflects the performance of the Financial Services Businesses and the Class B S...
64
10K
3996
620
Capital Ratios. The NAIC’s model law for RBC provides formulas to determine the amount of capital and surplus that an insurance company needs to ensure that it has an acceptable expectation of not becoming financially impaired. At December 31, 2009 and 2008, the capital and surplus of all our insurance companies substa...
56
10K
5634
9,174
If we have not made the decision to sell the fixed income security and it is not more likely than not we will be required to sell the fixed income security before recovery of its amortized cost basis, we evaluate whether we expect to receive cash flows sufficient to recover the entire amortized cost basis of the securi...
128
10K
3109
326
Consolidated Balance Sheets as of December 31, 2006, and 2005 40
11
10K
AdmiralGroupPLC-AR_2019
3,382
Deposits are held with well rated institutions; as such the approximate fair value is the book value of the investments as impairment of the capital is not expected.
28
annual_report
1551
461
The Company manages the majority of its invested assets internally. The Company's general investment policy is to hold fixed maturity securities for long-term investment and, accordingly, the Company does not have a trading portfolio. To provide for maximum portfolio flexibility and appropriate tax planning, the Compan...
87
10K
NatwestGroupPLC-AR_2017
854
The Deputy Secretary and Director, Corporate Governance undertook a formal and rigorous evaluation by:  preparing surveys that were completed by each director and holding interviews with each director;  discussing the key themes and recommendations for action with the Chairman; and  recommending the key themes and p...
52
annual_report
3101
1,274
Our property and casualty operations provide liquidity in that premiums are generally received months or even years before losses are paid under the policies purchased by such premiums. Historically, cash receipts from operations, consisting of insurance premiums and investment income, have provided more than sufficien...
76
10K
NatixisSA-AR_2018
11,286
Average voluntary employee profit-sharing (in thousands of euros) 5.7 5.2 5.1
11
annual_report
CNPAssurancesSA-AR_2005
1,435
As of the 2004 year-end, models had been produced for 32 processes, including 10 of the 11 processes that materially impact the accounts. The project is expected to be completed on schedule at the end of 2005. A new Internal Control unit was set up in 2004 within the Risks and Internal Control department, with responsi...
120
annual_report
NatwestGroupPLC-AR_2007
2,840
The Group grants options over shares in The Royal Bank of
11
annual_report
5549
1,372
Additional Health Insurer Fee revenue in 2018 related to Fidelis Care as some of those revenues will be subject to the Health Insurer Fee following the first year of the closing of the Fidelis Care acquisition, absent a Health Insurer Fee moratorium.
42
10K
GjensidigeForsikringASA-AR_2010
786
in the municipal market, the distribution takes place either directly or by brokers and is largely based on competitive tenders.
20
annual_report
INGGroepNV-AR_2011
303
In addition to the sponsorship activities, the ING Collection, which is curated by ING Art Management and consists of 15,000 artworks contributes to our art & culture philosophy. Art is an essential part of ING’s corporate identity and creates a colourful daily work environment in ING offices worldwide. Art is displaye...
132
annual_report
PowszechnyZakladUbezpieczenSA-AR_2016
25
a foundation of rational and responsible financial, human, social, environmental, and intellectual capital management.
14
annual_report
5178
1,122
The Company’s obligations under the credit facility are secured by pledges of its assets and the capital stock of its operating subsidiaries. The credit facility is guaranteed by the Company’s non-insurance company subsidiaries. The credit facility contains covenants including requirements to maintain minimum risk-base...
132
10K
2223
324
The PRIMERICA business segment consolidates the businesses of Primerica Life, Primerica Life Insurance Company of Canada, CitiLife and NBL. The Primerica business segment offers individual life products, primarily term insurance, to customers through a sales force of approximately 107,000 representatives. A great major...
54
10K
GjensidigeForsikringASA-AR_2013
1,005
Subsidiaries are reinsured by Gjensidige Forsikring ASA and the subsidiaries’ reinsurance exposure is included in the outwards reinsurance programme for the Group.
22
annual_report
RSAInsuranceGroupPLC-AR_2013
400
Motor insurance is a significant part of our business and that means we have a clear interest in making driving safer. It is a tragedy that more than a million people every year are killed on roads and a further 50 million are injured. Road accidents are the world’s leading cause of death for young people and the World...
95
annual_report
AdmiralGroupPLC-AR_2018
229
Our continued investment in maintaining and building our brand in 2018 was around £10 million. Had we cut that spend, most of that £10 million would have fallen to the bottom line, given the lag between cutting spend and a brand withering away. But “Admiral”, one of the UK’s most recognised financial services brands, i...
63
annual_report
5879
1,736
For the years ended December 31, 2020, 2019 and 2018 190
11
10K
StorebrandASA-AR_2020
1,357
The Board of Storebrand ASA and the directors of the subsidiaries adopt a risk appetite and risk strategy at least once per year. Risktaking shall contribute to the achievement of our strategic and commercial goals, including customers receiving a competitive return on their pension funds, and that Storebrand receives ...
129
annual_report
de_allianz-AR_2010
1,198
We expect operating profit in our Life/Health business to be within the range € 2.2 billion to € 2.8 billion. It must be noted that market volatility and the level of net harvesting can significantly impact the Life/Health segment results.
40
annual_report
TrygAS-AR_2002
43
Earnings The Tryg Vesta Group needs to demonstrate strong growth in earnings and consolidation on its own merits. The Group aims to further expand its expertise within underwriting, risk assessment and claims handling.
33
annual_report
StorebrandASA-AR_2003
1,487
Operating profit: Operating profit from the year's operations including the share due to insurance customers.
15
annual_report
4337
1,662
The second long-term incentive compensation plan allows awards to Company employees for ISOs, NQSOs, restricted stock, restricted stock units, and stock appreciation rights. Non-employee directors are eligible for grants of NQSOs, restricted stock, and stock appreciation rights. Generally, the awards vest based upon ti...
93
10K
NNGroupNV-AR_2018
1,275
The EVP represents what our employees experience and benefit from during their employment period within NN and what we expect from them. It is the rational and emotional articulation of the tangible benefits employees receive as a result of working for NN Group. The EVP highlights the factors that make NN attractive to...
56
annual_report
fr_axa-AR_2008
7,072
– issue ordinary shares and/or securities giving a claim on ordinary shares of the Company in return for securities tendered to the Company in France or abroad during a public exchange offer initiated by AXA and complying with the conditions set in Article L.225-148 of the French Commercial Code (16th resolution),
51
annual_report
NatixisSA-AR_2014
810
Key advisory skills: entrepreneurial experience, knowledge of the regional economic fabric.
11
annual_report
3684
1,725
In March 2008, the FASB issued SFAS No. 161, “Disclosures about Derivative Instruments and Hedging Activities, an amendment of SFAS No. 133.” This statement amends and expands disclosures about an entity’s derivative and hedging activities with the intent to provide users of financial statements with an enhanced unders...
141
10K
BaloiseHoldingLtd-AR_2007
1,377
Gross premiums written, policy fees and investment-type premiums 7,635.7 7,384.3 7,393.5 7,491.2 7,937.6
13
annual_report
AegonNV-AR_2019
2,773
Recovery and resolution Dutch Act on Recovery & Resolution for Insurers On January 1, 2019, the Dutch Act on Recovery & Resolution for Insurers (R&R Act) came into force in the Netherlands, replacing the previously applicable intervention regime for insurance companies in the Netherlands faced with financial difficulti...
126
annual_report
HelvetiaHoldingAG-AR_2015
1,049
Change in unrealised gains and losses on investments – 370.1 1 669.5
12
annual_report
AegonNV-AR_2019
8,568
DB products without profit sharing and with guaranteed benefit payments. All investment risk and longevity risk is borne by Aegon and customers need to contribute additional funds for indexations.
29
annual_report
5439
3,395
The Risk-to-capital ratio for our combined mortgage insurance operations was 12.1 to 1 as of December 31, 2017, compared to 13.6 to 1 as of December 31, 2016. In addition to Radian Guaranty and Radian Reinsurance, this combined ratio also includes Radian Guaranty Reinsurance, Radian Mortgage Assurance, Radian Investor ...
111
10K
SwissLifeHoldingAG-AR_2008
2,639
MLP AG, Wiesloch – from 20.11.2008 – 24.3% equity EUR 107 791
12
annual_report
3828
940
Risk in force - net at December 31, 2008, as shown in the table above, is net of reinsurance and established loss reserves as discussed under “Capital” above. Risk in force - net at December 31, 2007 is net of reinsurance.
41
10K
NatixisSA-AR_2018
7,226
Variations linked to changes in credit risk parameters (excluding transfers) (2,745) 1 (52) (0) 5 (4) (2,792) (4)
18
annual_report
gb_prudential-AR_2008
1,616
Liabilities Policyholder liabilities and unallocated surplus of with-profits funds: Insurance contract liabilities H12 136,030 132,776 Investment contract liabilities with discretionary participation features G1 23,446 29,550 Investment contract liabilities without discretionary participation features G1 14,501 14,032 ...
43
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2006
1,331
Medium- and long-term compensation component – Medium-term bonus The medium-term bonus is based on performance over a three-year period. It is measured on the basis of the Group result category from the short-term compensation component. Payments are made only if the achievement rate is at least 50% on average for the ...
53
annual_report
fr_axa-AR_2008
1,806
Positions currently held in the AXA Group Member of the Management Board: AXA Chairman and Chief Executive Officer: • AXA France IARD • AXA France Vie Chairman: AXA France Assurance (SAS) Chairman of the Board of Directors: AXA Corporate Solutions Assurance Vice-Chairman of the Board of Directors: AXA Canada Inc. (Cana...
98
annual_report
1664
315
From December 31, 2000 to December 31, 2001 there was a decrease of $966 million in total assets from $23.059 billion to $22.093 billion, the majority of which relates to a $1.310 billion decrease in Separate Accounts primarily from stock market declines, as described below. The fixed maturity portfolio increased $139 ...
120
10K
SwissReAG-AR_2016
1,959
Based on our long-standing commitment to enabling sustainable progress, we believe that it is important to recognise and address such dilemmas. Doing so requires a well-defined approach and the willingness to make decisions based on ethical principles.
37
annual_report
AvivaPLC-AR_2017
3,651
Strategic report Governance IFRS financial statements Other information 22 – Fair value methodology continued The majority of the Group’s assets and liabilities measured at fair value are based on quoted market information or observable market data. Of the total assets and liabilities measured at fair value 15.7% (2016...
137
annual_report
122
551
On April 13, 1995, the Company received $2 million proceeds from a promissory note payable to the investors who acquired approximately 49% of the outstanding common shares. The debt accrues interest at prime rate plus 2%, and is payable in full no later that May 1, 1996. The note is secured by certain property and equi...
62
10K
NNGroupNV-AR_2018
277
Technological developments and digitalisation have led to an increase of available data in recent years. This data now allows us to better estimate risks, and further optimise and match our services to customer needs. The increase of available data can also allow us to make connections between different data sets, ofte...
57
annual_report
SwissLifeHoldingAG-AR_2020
621
No compensation was paid to closely linked parties in the year under review.
13
annual_report