report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
2889
2,567
The net decrease in the allowance for uncollectible reinsurance was primarily due to a release of a previously established allowance due to the execution of several commutation agreements, as discussed further below. The expenses incurred related to uncollectible reinsurance receivables are presented as a component of ...
57
10K
ScorSE-AR_2019
3,997
In addition, SCOR supported and hosted the 23rd edition of the European Week for the Employment of People with Disabilities, launched at SCOR Paris by Mrs Cluzel, French Secretary of State for Disability, on November 19. This event, including testimonials and round tables on the different forms of employment support an...
69
annual_report
HannoverRueckSE-AR_2017
2,223
Peace G. K. 1, Tokyo / Japan 93.77 JPY 5,186,767 52,767
11
annual_report
2992
541
The 2005 results include a $5.5 million decrease in prior accident years’ reserves for unpaid claim and claim settlement expenses compared to the 2004 results, which include a $7.0 million decrease in prior accident years’ reserves. Our estimate for unpaid claim and claim settlement expenses decreased in 2005 due to th...
69
10K
fr_axa-AR_2001
3,915
60 billion on a worldwide basis. The estimated cost for AXA for the year ended December 31, 2001, based on information available at such date, amounted to €846 million (before tax and net of reinsurance), or €561 million impact against the net income.
43
annual_report
SwissReAG-AR_2009
1,156
GIA staff govern themselves in accordance with the Code of Ethics established by the Institute of Internal Auditors (IIA). The IIA’s International Standards for the Professional Practice of Internal Auditing constitute the operating guidance for the department.
37
annual_report
fr_axa-AR_2007
3,640
Change in fair value of financial instruments at fair value through profit & loss (c) 15,611 82 (6) 11 — 19 (3) 15,715
23
annual_report
3663
967
On March 27, 2009, we entered into an amendment to the facility. The amendment included the following changes:
18
10K
3476
1,242
Prior to the exchange of Series A preferred stock for common stock effective upon the completion of the initial public offering, holders of Series A preferred stock were entitled to cumulative dividends at the rate of $7 per year payable quarterly in shares of Series A preferred stock.
48
10K
NatixisSA-AR_2008
2,375
France Active. This funding has helped to provide jobs for a total of 2,930 people (1) (47% of whom were facing employment diffi culties).
24
annual_report
2201
343
• a staggered board of directors, so that it would take three successive annual meetings to replace all directors,
19
10K
SwissReAG-AR_2020
1,925
On 6 June 2018, Swiss Re Ltd placed with the market via a repackaging vehicle USD 500 000 000 of six-year exchangeable notes, which may be stock-settled at the option of Swiss Re Ltd. Subject to the conditions of the notes, noteholders may exchange their notes for ordinary shares of Swiss Re Ltd at a conversion price o...
202
annual_report
4223
713
The following table presents the fair value measurements of our financial instruments by level at December 31, 2010:
18
10K
SwissLifeHoldingAG-AR_2010
2,965
– Distribution power in all market units was enhanced by means of a number of initiatives, and AWD increased production volume of Swiss Life products by 9% to around CHF 800 million (on a comparable basis). At the same time, the objective remains for AWD to generate a 20-25% share of Swiss Life products in the relevant...
59
annual_report
1878
1,216
Total benefits and expenses were $2,613.7 million in 2001, an increase of $84.6 million, or 3.3%, from $2,529.1 million in 2000. Benefits to policyholders increased $53.2 million, or 3.4%, due to growth in the long-term care insurance business. Long-term care insurance benefits increased $49.9 million primarily due to ...
198
10K
BeazleyPLC-AR_2015
1,068
3 For Padraic O’Connor and Vincent Sheridan, their non-executive director fee was based on €94,000 (2014: €92,250) and €76,000 (2014: €74,500) respectively and has been converted into sterling for this table at the average exchange rate of 1.37 (2014: the fee was converted into £74,395 and £60,081 respectively at the a...
57
annual_report
CNPAssurancesSA-AR_2010
608
We teamed up with La Banque Postale in 2010 to undertake a variety of actions designed to improve the quality of service rendered to policyholders. In October, La Banque Postale created a quality management team at its financial centre in Toulouse to check that insurance applications submitted by advisors are properly ...
58
annual_report
4471
4,062
Operating revenues derived from any customer did not exceed 10% of consolidated operating revenues for the years ended December 31, 2011, 2010 and 2009. Operating revenues from U.S. operations were $44.7 billion, $43.7 billion and $41.4 billion for the years ended December 31, 2011, 2010 and 2009, respectively, which r...
59
10K
AdmiralGroupPLC-AR_2018
1,873
Consolidated statement of comprehensive income For the year ended 31 December 2018
12
annual_report
TrygAS-AR_2013
1,871
Average reinsurers’ share of provisions for insurance contracts 1,178 1,454 1,828 2,192 2,469
13
annual_report
TopdanmarkAS-AR_2020
504
Equity investments in associates 18 1,668 1,741 Total investments in associates 1,668 1,741
13
annual_report
LloydsBankingGroupPLC-AR_2018
5,225
3 This sensitivity shows the impact of reducing lapse and surrender rates to 90 per cent of the expected rate.
20
annual_report
5001
620
During 2009, the Company completed a comprehensive policy search and coverage review, and began defending (pursuant to policies issued 1969-1975) a lawsuit filed against a municipalities’ sewerage commission in United States District Court in Wisconsin in 2008. The Company has a joint defense agreement with two other c...
114
10K
RSAInsuranceGroupPLC-AR_2013
1,043
INTERNAL CONTROL The Board has overall responsibility for the effectiveness of internal control systems, with the implementation and maintenance being delegated to the Executive Directors and senior management.
28
annual_report
NatwestGroupPLC-AR_2009
49
On bonus payments for 2009, we were guided by a policy to pay the minimum necessary to retain and motivate staff who are critical to the recovery of RBS. The Board believes it would have undermined the profitable core of the business and damaged shareholder value had we recommended less. It is essential that talented p...
110
annual_report
2384
699
Other. Our Other segment consists of our holding company and contract underwriting operations, equity in earnings (losses) from SPS Holding Corp., or SPS, and certain limited partnerships, and the discontinued operations of our former title insurance subsidiary, American Pioneer Title Insurance Company, or APTIC. On Ma...
56
10K
SwissReAG-AR_2014
2,842
The significant unobservable inputs used in the fair value measurement of the Group’s variable annuity and fair valued guaranteed minimum death benefit (GMDB) contracts are: risk margin, volatility, lapse, mortality adjustment rate and withdrawal rate. A significant increase (decrease) in isolation in each of the follo...
194
annual_report
SwissLifeHoldingAG-AR_2016
2,229
TOTAL INTEREST-SENSITIVE INSURANCE LIABILITIES 71 049 23 258 82 94 390
11
annual_report
4908
13,520
During the first quarter of 2014, White Mountains made payments totaling $27 million on WTM Performance Shares.
17
10K
BaloiseHoldingLtd-AR_2013
2,056
Profit / loss before borrowing costs and taxes 441.0 434.5 16.0 68.0 73.5 120.8 0.1 16.9 5.3 – 13.5 535.9 626.7 81.9 31.5 – – 617.9 658.2
27
annual_report
NatixisSA-AR_2016
11,059
Catherine Halberstadt, member of the BPCE Supervisory Board, and member of the Natixis Board of Directors,
16
annual_report
3848
995
We continue to assess our property catastrophe exposure aggregations, modeled results and effects of growth on our property portfolio and strive to manage our exposure to individual large events balanced against the cost of reinsurance protection.
36
10K
AvivaPLC-AR_2005
1,821
Deferred acquisition costs in respect of: Participating investment contracts 3 – 3 95 Non-participating investment contracts 752 – 752 494
20
annual_report
2987
1,989
•Allstate Financial investments as of December 31, 2006 increased 1.0% over December 31, 2005.
14
10K
HiscoxLtd-AR_2014
408
– Senior management and Board approval: Our provision estimates are subject to rigorous review by senior management from all areas of the business including independent actuaries. The final provision is approved by the relevant boards on the recommendation of dedicated reserving committees.
42
annual_report
3988
585
During the year ended December 31, 2009, there were no recoveries pertaining to reinsurance contracts that were deducted from losses incurred and there were no such amounts recoverable at December 31, 2009. At December 31, 2009, prepaid reinsurance premiums related to 26 reinsurers. Thus, there were no concentrations o...
119
10K
1909
752
Under the Company's Stock Option Plan III, the Committee may, at its discretion, make restricted or unrestricted grants of common stock, or grant rights to receive common stock, to employees in addition to or in substitution for options and/or SARs granted. The Company granted total restricted shares of 11,000 for 2002...
167
10K
PhoenixGroupHoldingsPLC-AR_2012
645
The output from the Board and individual Director reviews informed the review of the Board composition and structure undertaken by the Board Nomination Committee in January 2013, leading to the Board’s recommendations to shareholders regarding re-election of directors at the 2013 AGM.
42
annual_report
3067
1,176
Cash, premiums receivable, accrued expenses and other liabilities: The carrying amounts for these financial instruments as reported in the accompanying consolidated balance sheets approximate their fair values.
27
10K
4095
2,577
Reflects collateralized advances with the Federal Home Loan Bank of New York, which are discussed in more detail in “-Alternative Sources of Liquidity-Federal Home Loan Bank of New York.”
29
10K
2842
2,518
The components of accumulated other comprehensive (loss) income as of December 31, were as follows (in 000's):
17
10K
Sampoplc-AR_2016
339
Mandatum Life’s services for entrepreneurs secure the continuity of their business and supplement the statutory cover of the entrepreneurs and their families.
22
annual_report
NatwestGroupPLC-AR_2017
2,787
Less than 1-5Greater than Less than 1-5Greater than Less than 1-5 Greater than Less than 1-5 Greater than 1 year years 5 years Total 1 year years 5 years Total 1 year years 5 years Total 1 year years 5 years Total £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn £bn * Re-presented to reflect the segmental re...
65
annual_report
5609
24,037
Substantially all reinsurance ceded to affiliated companies is with unauthorized companies. To take reserve credit for such reinsurance, we hold assets from the reinsurer, including funds held under reinsurance treaties, and are the beneficiary of LOCs aggregating to $1.2 billion and $610 million as of December 31, 201...
73
10K
3066
1,048
The Company monitors the performance of its underwriting operations in three segments, Non-life, ART and Life. The Non-life segment is further divided into three sub-segments, U.S. Property and Casualty (U.S. P&C), Global (Non-U.S.) Property and Casualty (Global (Non-U.S.) P&C) and Worldwide Specialty. Segments and sub...
91
10K
1416
564
. the impact of reductions in Medicare payments mandated by the Balanced Budget Act; and
15
10K
3557
3,647
Included in the preceding table are $4.0 billion and $3.9 billion of fixed maturities and $67.0 million and $311.1 million of short-term investments classified as trading securities as of December 31, 2007 and 2006, respectively.
35
10K
3072
775
The effect of court decisions is also apparent in the commercial lines of coverages such as commercial multi-peril and other liability and products liability. Courts can expand coverage or void exclusions which can increase our exposure to claims. Some of these third party claims may still be brought within the statute...
91
10K
4270
1,539
The purchase price and fair value of the assets acquired in the Knapton acquisition were as follows:
17
10K
2909
8,446
There is one active nationwide class action lawsuit pending against Allstate regarding its specification of after-market (non-original equipment manufacturer) replacement parts in the repair of insured vehicles. This suit alleges that the specification of such parts constitutes breach of contract and fraud. The suit mi...
265
10K
5242
772
Other revenue. The increases in other revenue in 2016 from 2015 and 2015 from 2014 primarily reflect a gain on the sale of a retail shopping center by Alleghany Properties in 2016, and a modest gain on a sale recorded by Alleghany Properties in 2015.
45
10K
4839
533
Operating expenses in 2012 increased $588 million (4%) compared to 2011. Compensation and benefits expenses in 2012 increased $190 million (4%) over 2011 due to the increased volume as well as wage inflation, partially offset by increased productivity and lower weather-related costs. Fuel expenses in 2012 increased $19...
128
10K
SwissReAG-AR_2002
367
Swiss Re Annual Report 200236 securitisation and credit trading/distribution in both cash and derivative form.
15
annual_report
4927
1,705
We have outstanding $250 million aggregate principal amount of our 6.125% notes due 2023 that bear interest at a rate equal to 6.125% per year, payable semiannually in arrears on February 15th and August 15th of each year. The interest rate will increase by 0.50% per year if our consolidated leverage ratio exceeds 30% ...
147
10K
3623
1,016
The methods used in determining the fair value of financial instruments are as follows:
14
10K
3109
218
Expected losses and loss adjustment expenses are determined based on earned premiums. The portion of the premium dollar expected to pay claims costs is referred to as the expected loss and loss adjustment expense ratio. Accident years 2004 through 2006 has substantially the same expected loss and loss adjustment expens...
81
10K
Sampoplc-AR_2017
780
In the 2014:1 scheme, 2,935,350 allocated incentive units remain and will vest in 2018 and 2019.
16
annual_report
TopdanmarkAS-AR_2011
14
Profit forecast model for 2012 • Assumed combined ratio for 2012 continues at 91-92%, excluding run-off profits / losses. • Assumed premium growth in non-life insurance continues at 1-2%.
29
annual_report
3510
1,279
Healthcare of New Mexico HMO against the costs of such litigation and any eventual liability or settlement costs. Currently, approximately $4,100 remains in the indemnification escrow fund.
27
10K
2197
874
(6) Due to our losses during 2003, 2002 and 2001, the ratio coverages, including interest credited on policyholder contract balances, were less than 1:1. We would need $13.3 million, $112.3 million and $131.6 million in additional earnings for the years 2003, 2002 and 2001, respectively, to achieve a 1:1 coverage ratio...
51
10K
4033
1,075
At December 31, 2009, there was $297,000 of unrecognized compensation cost related to unvested stock options for employee stock option awards. This cost is being recognized on a straight-line basis and will be fully recognized by April 2011. Directors’ stock options had no unrecognized compensation cost since directors...
64
10K
4172
1,192
The Company estimates these liabilities and the related expense with actuarial models using various assumptions including discount rates and an expected long-term return on plan assets.
26
10K
4241
987
We believe that there are no remaining known claims where we would suffer a material loss as a result of excess policy limits being exposed to class action suits for insureds involved in the manufacturing or distribution of asbestos products. There can be no assurances, however, that material loss development may not a...
83
10K
LloydsBankingGroupPLC-AR_2018
4,995
O ther inform ation Lloyds Banking Group Annual Report and Accounts 2018 209
13
annual_report
2129
3,370
As depicted in the accompanying table, net investment income before taxes for 2002 decreased $1.1 million, or 1.1%, as compared to 2001, principally as a result of a decreased in yield partially offset by an increase in average invested assets at cost. The decrease in yield was primarily due to lower short-term yields,...
145
10K
4257
3,285
Our total pre-tax investment results were $173.1 million, a return of 5.1% for the year ended December 31, 2010, compared to $373.9 million, a return of 10.1% for the year ended December 31, 2009. Net investment income in the year ended December 31, 2010 was $96.3 million, a decrease of $29.0 million, compared to $125....
98
10K
NatixisSA-AR_2008
483
During its December 18, 2008 meeting: confi rmed the application of the rules of the Group retirement ■
18
annual_report
4437
1,001
Changes in business mix and rate reductions also contributed to the increase in 2011; however, these increases were partially offset by reduction in our current accident year loss ratio for trade credit and bond business as updated information from our cedants suggested loss activity would continue to decrease from lev...
74
10K
AvivaPLC-AR_2017
6,593
In 2016, other items also include £23 million relating to the loss upon the completion of an outwards reinsurance contract, written in 2015 by the UK General Insurance business, which provides significant protection against claims volatility from mesothelioma, industrial deafness and other long tail risks.
45
annual_report
5688
9,073
DAC related to traditional life and voluntary accident and health insurance is amortized over the premium paying period of the related policies in proportion to the estimated revenues on such business. Significant assumptions relating to estimated premiums, investment returns, as well as mortality, persistency and expe...
159
10K
5897
659
On May 22, 2019, the Company entered into an employment agreement with its new Chief Executive Officer, Jeremy D. Edgecliffe-Johnson. Pursuant to the terms of this employment agreement, on May 22, 2019, Mr. Edgecliffe-Johnson was granted 70,000 restricted shares of the Company's Class B Common Stock (the "Edgecliffe-Jo...
99
10K
nl_ing_grp-AR_2019
3,325
The USD net exposure increased due to optimization of the capitalization and funding of the NY
16
annual_report
RaiffeisenBankInternationalAG-AR_2007
1,285
Raiffeisen Bank Sh.a. began operations in 1992 as Banka e Kursimeve e Shqipërisë and was acquired by Raiffeisen International in 2004. It was by far the country’s largest bank at the end of 2007 with a balance sheet total of € 1.9 billion. Raiffeisen Bank also further strengthened its role as an innovation leader on th...
72
annual_report
HiscoxLtd-AR_2012
1,036
Employee retirement benefit obligations – – – – – Deferred tax 152,447 – – – 152,447
16
annual_report
5917
1,723
(1) Certain amounts included in earned premiums of each segment are related to inter-segment transactions.
15
10K
INGGroepNV-AR_2002
1,146
The overall goals are to integrate people, new processes and systems to create an efficient, service-oriented organisation that supports
19
annual_report
Sampoplc-AR_2003
874
The most signifi cant of the technical risks related to pension insurance is the increase in life expectancy. In group pension insurance, the assumed life expectancy was raised in 2002, as a result of which Sampo Life supplemented the existing technical provisions by EUR 48 million. The raise in life expectancy also in...
79
annual_report
1405
914
We aggressively targeted policies that did not meet our underwriting profit margin standards for non-renewal or re-underwriting at increased rates at policy expiration in 1999. For 1999, our aggressive re-underwriting resulted in $10.9 million of premiums renewed at higher prices as well as $10.8 million in premiums th...
57
10K
4757
1,027
Loss and LAE Reserves. Gross loss and LAE reserves totaled $9,673.2 million and $10,069.1 million at December 31, 2013 and 2012, respectively.
22
10K
GjensidigeForsikringASA-AR_2020
1,169
• The insurance terms of our Innbo UNG (household contents) and Reise UNG (travel) policies have been altered so that Gjensidige now compensates for emissions that follow from claims compensated under the policies. Carbon offsets are documented in the appendix ‘Climate certificate Gjensidige 2020_Young content and trav...
47
annual_report
fr_axa-AR_2014
3,995
Policyholders liabilities and related assets are currently accounted for according to IFRS 4 phase I which generally allows the continuation of accounting policies applied prior to the conversion to IFRS. The IASB issued a new Exposure Draft on June 20, 2013 in order to defi ne principles to be applied for
51
annual_report
5858
714
The Company paid total dividends of $943 million in 2020 ($1.84 per share), $890 million in 2019 ($1.74 per share) and $807 million in 2018 ($1.58 per share).
28
10K
3219
968
We describe below what we believe to be our critical accounting policies. (See also Note 2, “Summary of Significant Accounting Policies,” to our consolidated financial statements included in Part II, Item 8 of this Annual Report on Form 10-K.)
39
10K
4617
754
Adjusted pre-tax loss for the year ended December 31, 2011 decreased compared with 2010 principally due to lower financial guarantee insurance losses, gains from sales of investments, partially offset by lower fee revenue and, to a lesser extent, lower premiums earned and net investment income.
45
10K
5640
496
Management assesses the recoverability of our goodwill and our amortizable intangibles and other long-lived assets annually and whenever events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. Any of the following factors, if present, may trigger an impairment review: ...
197
10K
5331
644
Throughout this filing, we present our operations in the way we believe will be the most meaningful and useful to investors, analysts, rating agencies and others who use our financial information in evaluating the performance of our company. This presentation includes the use of after-tax operating income available to ...
182
10K
3679
2,362
International. We are a leading provider of mortgage insurance products in Canada, Australia, New Zealand, Mexico and multiple European countries. We primarily offer products in the flow market. On a limited basis, we also provide mortgage insurance on a structured, or bulk, basis that aids in the sale of mortgages to ...
124
10K
fr_axa-AR_2003
3,550
– Guarantee commitments rose by €1,231 million with respect to 2002.
11
annual_report
gb_prudential-AR_2008
167
• Health products have been incorporated into agency incentive programmes, a standalone health care product was launched into the SCB channel with simplified underwriting and eye-catching media campaigns to capture direct business and provide leads for other channels
38
annual_report
4046
1,050
In January 2010, the FASB issued revised accounting guidance that clarifies and provides additional disclosure requirements related to recurring and non-recurring fair value measurements. The guidance requires separate disclosures for the amounts of significant transfers in and out of Level 1 and Level 2 fair value mea...
224
10K
de_allianz-AR_2008
1,252
Fixed-income portfolio of � 315.8 billion by investment country in %
11
annual_report
RaiffeisenBankInternationalAG-AR_2020
7,273
Private Joint Stock Company Bird Farm Bershadskyi, Viytivka (UA) 6,691,141 UAH 0.5% OT
13
annual_report
AssicurazioniGeneraliSpA-AR_2016
2,313
With reference to policy of divestment of non-core and not strategic assets, during 2016 Generali Group has entered the agreements for the sale of assets in Liechtenstein and insurance assets in Guatemala. Disposals will be finalized in the course of 2017, when the necessary regulatory authorisation will be obtained. G...
71
annual_report
AvivaPLC-AR_2010
2,642
Aviva plc Annual Report and Accounts 2010 16 – Goodwill continued (viii) Delta Lloyd (long-term, general insurance, health and fund management) The recoverable amount of Delta Lloyd exceeds the carrying value of the cash-generating unit including goodwill. The recoverable amount of the Delta Lloyd life and general insu...
176
annual_report
4088
947
Financial strength ratings are important factors in establishing the competitive position of insurance companies and generally have an effect on an insurance company's business. Many insurance buyers, agents and brokers use the ratings assigned by A.M. Best and other agencies to assist them in assessing the financial s...
301
10K
RSAInsuranceGroupPLC-AR_2017
532
We recognise too the importance of contributing to the communities we are a part of. Our long standing partnership with the School for Social Entrepreneurs pairs its students with mentors from across RSA, helping them to gain the skills and knowledge to become successful social enterprise leaders. In the Commercial bro...
76
annual_report
ScorSE-AR_2011
601
On 22 October 2007, SCOR announced that it held more than 98% of the voting rights of SCOR Holding (Switzerland)
20
annual_report
3131
1,236
•periodically refine our reserve estimates as further losses are reported and settled and we continue to refine our experience.
19
10K
4869
1,290
In connection with the acquisition, the Company entered into call and put agreements with the noncontrolling interest holder to purchase the noncontrolling interest at a later date. Under these agreements, the Company may purchase or be required to purchase up to the total remaining interests in USMM over a period begi...
101
10K
StandardLifeAberdeenPLC-AR_2013
2,821
The table that follows presents an analysis of the Group’s liabilities measured at fair value by level of the fair value hierarchy for each risk segment as set out in Note 41 – Risk management.
35
annual_report