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 |
|---|---|---|---|---|
HelvetiaHoldingAG-AR_2012 | 2,000 | Notes 17.6 “Counterparty risks” (from page 190) and 9 “Insurance business” (from page 143) provide more information about the quality of reinsurance and claims management. | 25 | annual_report |
5673 | 1,153 | Pursuant to certain reinsurance agreements and statutory licensing requirements, the Company has deposited invested assets in custody accounts or insurance department safekeeping accounts. The Company cannot remove or replace investments in regulatory deposit accounts without prior approval of the contractual party or regulatory authority, as applicable. The following table presents the Company's restricted investments included in the Company's AFS securities: | 60 | 10K |
2797 | 1,220 | We establish reserves for losses and loss adjustment expenses which represent estimates involving actuarial and statistical projections, at a given point in time, of our expectations of the ultimate settlement and administration costs of losses incurred. Estimating loss reserves is inherently difficult, which is exacerbated by the fact that we are a relatively new company with relatively limited historical experience upon which to base such estimates. We utilize actuarial models as well as available historical insurance industry loss ratio experience and loss development patterns to assist in the establishment of loss reserves. Actual losses and loss adjustment expenses paid will deviate, perhaps substantially, from the reserve estimates reflected in our financial statements. See the section above entitled “-Critical Accounting Policies, Estimates and Recent Accounting Pronouncements-Reserves for Losses and Loss Adjustment Expenses.” | 131 | 10K |
4629 | 2,901 | interest expense, over the remaining terms of the deposit liability contracts. At settlement, the weighted average term remaining to maturity for these contracts was 16.1 years. | 26 | 10K |
3298 | 2,949 | these favorable items was 0.9 points of office consolidation costs in 2007, compared to 1.3 points in the prior year. | 20 | 10K |
4811 | 2,117 | During 2013, 2012 and 2011, as a result of changes in estimates of insured events in the respective prior year, claims and claim adjustment expenses associated with prior years decreased due to a reduction in prior year dental and accidental death and dismemberment claims and improved loss ratio for non-medical health claim liabilities. | 53 | 10K |
nl_ing_grp-AR_2016 | 4,267 | Financial liabilities 1 Loans and advances to customers and Customer deposits, as at 31 December 2015, are adjusted as a result of a changes in accounting policies. Reference is made to Note 1 ‘Accounting policies’ – Changes in accounting policies and Changes in presentation in 2016. 2 Financial assets and liabilities that are on demand are excluded from the fair value hierarchy as their fair value approximates the carrying value, comparative figures have been restated. | 75 | annual_report |
4269 | 786 | (a) On January 12, 2011, Fitch updated their ratings outlook on our senior unsecured debt to “stable”. | 17 | 10K |
2873 | 840 | In addition to common equity, we depend upon other external sources of finance such as debt, preference shares, letters of credit and other credit facilities to support our operating activities. Having sufficient capital allows us to take advantage of profitable opportunities that may arise in our operating segments. We are also required to maintain adequate capital resources to comply with various statutory regulations in Bermuda, Ireland and the U.S. A strong capital base is also important for maintaining the financial strength ratings of our operating subsidiaries, which is essential in establishing our competitive position. | 94 | 10K |
INGGroepNV-AR_2003 | 904 | clients in thousands, funds entrusted in billions of euros (at year-end) | 11 | annual_report |
5704 | 628 | Net Realized Investment Losses for the year ended December 31, 2019 were approximately $254,000 versus $6,183,000 of net realized investment gains for the year ended December 31, 2018. The gains in 2018 resulted primarily from sales intended to rebalance our investment portfolio to mitigate the impact from the rising interest rate trend and to decrease our holdings in municipal bonds as they become less attractive in a low tax rate environment. | 71 | 10K |
fr_axa-AR_2001 | 3,088 | • does not have a permanent establishment in France to which the AXA ordinary shares or ADRs are attributable to or, in the case of an individual, who does not maintain a fixed base in France to which the | 39 | annual_report |
1477 | 185 | In addition to the statutory totals shown above, Kentucky Insurance generated approximately $93,000 of net income, during 2000 and $150,000 during 1999, with $21,000 of the 1999 total earned after Kentucky Insurance was acquired by the Company. At December 31, 2000, Kentucky Insurance capital and surplus totaled approximately $3,379,000. Effective January 31, 2001, 100% of the capital stock of Kentucky Insurance was contributed by Citizens Financial into Citizens Security. | 69 | 10K |
2537 | 548 | compensation program. Under this program, participants may defer compensation and earn interest on the amounts deferred. The program is not qualified under Section 401 of the Internal Revenue Code. | 29 | 10K |
3830 | 921 | The Company’s aggregate share of its equity investees’ statements of income, which includes its share of income of those investees accounted for under SFAS 159 (fair value option), had they been accounted for under the equity method is summarized as follows: | 41 | 10K |
5864 | 730 | We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2020, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated February 25, 2021 expressed an unqualified opinion thereon. | 64 | 10K |
NatwestGroupPLC-AR_2019 | 1,637 | EI and LI scores both increased by 2 points from 2018, to 87 (EI) and 81 (LI), resulting in both targets being met. | 24 | annual_report |
ScorSE-AR_2012 | 4,475 | The aforementioned risks could accumulate in either a single counterparty, in the same sector of activity or the same country. SCOR attaches particular importance to the establishment of and respect of counterparty exposure limits. The annual examination of its exposure enables the Group to identify and quantify the risks and, in case of accumulations, formulate appropriate responses. | 57 | annual_report |
AegonNV-AR_2012 | 1,599 | La Mondiale’s own internal networks as well as via platforms to financial advisers and banks. | 15 | annual_report |
AvivaPLC-AR_2009 | 3,278 | Carrying amount at 1 January 65,278 53,609 Provisions in respect of new business 5,973 3,391 Expected change in existing business provisions (1,256) (1,909) Variance between actual and expected experience 2,469 (4,661) Impact of operating assumption changes (49) (166) Impact of economic assumption changes (57) 244 Other movements (1,316) 13 Change in liability recognised as an expense 5,764 (3,088) Effect of portfolio transfers, acquisitions and disposals (246) 2,181 Foreign exchange rate movements (4,256) 12,576 Other movements 19 — | 77 | annual_report |
HelvetiaHoldingAG-AR_2003 | 451 | The Chairman’s Committee which carried out all the duties of the current Strategy- and Governance Committee as well as of the Nomination- and Compensation | 24 | annual_report |
4728 | 1,327 | In April 2013, we acquired Euro Accident Health & Care Insurance Aktiebolag (“EuroAccident”), a European group life and health insurance managing general agent. The agency distributes life and health insurance to groups as well as individuals. Distribution predominantly takes place through broker channels and affinity partners. For the year ended December 31, 2013, EuroAccident produced approximately $73 million in premium on behalf of third parties. We have received the necessary licenses and approvals to enable us to write these products on our own behalf through two European insurance companies. | 89 | 10K |
1666 | 1,051 | In 1999, CNA entered into an aggregate reinsurance treaty related to the 1999 through 2001 accident years covering substantially all of CNA's property- casualty lines of business (the "Aggregate Cover"). CNA has two sections of coverage under the terms of the Aggregate Cover. These coverages attach at defined loss and allocated loss adjustment expense (collectively, "losses") ratios for each accident year. Coverage under the first section of the Aggregate Cover, which is available for all accident years covered by the contract, has annual limits of $500.0 of ceded losses with an aggregate limit of $1,000.0 of ceded losses for the three-year period. The ceded premiums are a percentage of ceded losses and for each $500.0 of limit the ceded premium is $230.0. The second section of the Aggregate Cover, which is only available for accident year 2001, provides additional coverage of up to $510.0 of ceded losses for a maximum ceded premium of $310.0. Under the Aggregate Cover, interest charges on the funds withheld accrue at 8.0% per annum. If the aggregate loss ratio for the three-year period exceeds certain thresholds, additional premiums may be payable and the rate at which interest charges are accrued would increase to 8.3% per annum. | 201 | 10K |
364 | 423 | The Group also maintains a voluntary defined contribution savings plan covering substantially all full-time employees. The Group matches employee contributions up to 3% of compensation. The Group's contribution to this plan amounted to $158,784, $144,367 and $136,121 for the years ended December 31, 1996, 1995, and 1994, respectively. | 48 | 10K |
gb_prudential-AR_2010 | 1,402 | Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Company and of the Group. The criteria applied in the preparation of the financial statements are set out in the statement of directors' responsibilities on page 387. | 54 | annual_report |
LloydsBankingGroupPLC-AR_2002 | 1,416 | The assets of the Group’s defined benefit schemes and the expected rates of return are summarised as follows: Expected Expected long-term long-term | 22 | annual_report |
AvivaPLC-AR_2019 | 2,373 | The Company calculates expected credit losses for all financial assets held at either amortised cost or fair value through other comprehensive income. Expected credit losses are calculated on either a 12-month or lifetime basis depending on the extent to which credit risk has increased significantly since initial recognition. | 48 | annual_report |
HannoverRueckSE-AR_2011 | 1,621 | • Setting up and monitoring of the department’s internal control system (icS) | 12 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2016 | 1,022 | The growing scale of business will be reflected in a systematic improvement of profitability of PZU Zdrowie, and the planned increase in the revenues of PZU Zdrowie will allow it to come | 32 | annual_report |
NatixisSA-AR_2014 | 8,781 | The CHSCT’s “Workplace Adjustments” Commission was also consulted in 2014. This Committee examines site plans and may issue remarks or ask for adjustments to the plans, with the aim of improving employees’ physical working conditions. | 35 | annual_report |
5208 | 957 | At December 31, 2016, our pension and OPEB plans had aggregate pretax accumulated actuarial losses of approximately $2.5 billion. Accumulated actuarial losses are primarily due to an increase in the present value of future plan obligations driven by lower interest rates and improving mortality trends as well as investment results below assumed returns in 2008. The accumulated actuarial loss is amortized over the weighted-average expected life of pension plan participants (estimated to be up to 28 years at December 31, 2016 for the pension plans) and the expected life of OPEB plan participants (estimated to be up to 16 years at December 31, 2016) to the extent the loss is outside of a corridor established in accordance with GAAP. The corridor is established based on the greater of 10% of the plan assets or 10% of the projected benefit obligation. At December 31, 2016, approximately $1.9 billion of the actuarial loss was outside of the corridor, which will result in amortization of $44 million after-tax in our 2017 pension and OPEB expense. | 172 | 10K |
HiscoxLtd-AR_2005 | 344 | Cash outflows are used primarily to settle insurance claims, pay operating expenses and distribute dividends to shareholders. | 17 | annual_report |
1307 | 1,009 | Chiquita's results for 1997 were adversely affected by a stronger dollar in relation to major European currencies and by increased banana production costs resulting from widespread flooding in 1996. | 29 | 10K |
1179 | 416 | The indenture governing the Senior Notes contains covenants relating to limitations on liens and sale or issuance of capital stock of the Insurance Company. In the event the Company violates such covenants as defined in the indenture, the Company may be obligated to offer to repurchase all of the outstanding principal amount of such notes. The Company believes that it is in compliance with all of the covenants. | 68 | 10K |
5396 | 1,361 | The Company has financed purchases of NPLs with asset-based leverage. These investments are held in our specialty insurance business. Such borrowings are generally recourse only to the specific investments. Repayment is based upon the earlier of September, 2018 or an amount of approximately 120% of the cash realization events plus an amount dependent on the balance of the interest reserve account, for a maximum borrowing of $40,000. As of December 31, 2017 and 2016, a total of $11,917 and $27,934, respectively, was outstanding under the financing agreement. The loan is subject to a LIBOR floor of 0.40%. | 97 | 10K |
406 | 383 | Corporate and Other. Operating income for Corporate and Other was $13.2 million in 1996 compared to $9.2 million in 1995. HealthCare Solutions Division incurred comparable operating losses in 1996 and 1995. The losses primarily resulted from the losses of certain companies in the development stage which was partially offset by operating income of other businesses. In October 1996, the Company acquired through a stock exchange agreement 100% of Amli Realty Co. ("ARC"). ARC is a full-service real estate organization whose principal investment is a 11% equity interest in Amli Residential Properties Trust, a publicly traded real estate investment trust. The operations of this acquisition are reported as the Real Estate Division. The Company reported operating income from the Real Estate Division of $1.0 million in 1996. Operating income from other corporate activities increased to $16.3 million in 1996 from $13.4 million in 1995, an increase of $2.9 million. The increase was primarily due to the increase in investment income not allocated to the other segments and the decrease in interest expense. The primary reason for the increase in investment income not allocated to the other segments was due to the investment income earned on the net proceeds from the public offering completed by the Company on May 1, 1996. The increase was partially offset by fewer gains realized on sale of investments in 1996 compared to 1995. | 227 | 10K |
1617 | 1,737 | The consolidated financial statements of the Parent, including the notes to such statements, beginning on page D-36 of Appendix D to the Proxy Statement are incorporated in this Item 8 by reference. Quarterly results are discussed in Note 19 on page D-79. | 42 | 10K |
StorebrandASA-AR_2002 | 427 | Storebrand Bank maintains a prudent balance of short-term and long-term external funding. The total capital base amounted to | 18 | annual_report |
ScorSE-AR_2008 | 3,703 | It is responsible for highlighting the main risks to which the Group is exposed, regarding both assets and liabilities and for ensuring that the means put in place to monitor and manage those risks have been effectively implemented. It examines the Group’s main technical and fi nancial risks. The Committee met four times in 2008, primarily to discuss the following matters: the Group’s ‘Enterprise Risk Management’ and ‘Asset Liability management’ schemes, a review of the main exposures of the Group, the retrocession policy and coverage, capital funds and risk appetite, internal control standards and Directors’ and Offi cers’ liability insurance. | 100 | annual_report |
2484 | 655 | Personal lines’ segment income declined $5.9 million to $34.3 million for the year ended December 31, 2003. The decrease in segment income is primarily due to an increase in current accident year loss performance due to an increase in claim frequency and severity due to the harsher winter weather during the first quarter of 2003, especially in the Northeast. In addition, catastrophe losses increased $9.8 million, to $35.6 million for the year ended December 31, 2003, compared to $25.8 million for the same period in 2002. Also, we experienced an increase in severity of personal automobile medical costs related to personal injury protection coverage in Michigan. Segment income was also unfavorably affected by an $8.7 million increase in adverse development during 2003 in the personal automobile line. Personal lines’ expenses increased due to the increase in commissions, employee benefits and technology costs. Partially offsetting these items is an estimated $39 million of net premium rate increases. | 156 | 10K |
1532 | 300 | companies to evaluate the adequacy of statutory capital and surplus in relation to investment and insurance risks such as asset quality, asset and liability matching, loss reserve adequacy, and other business factors. The RBC formula is used by state insurance regulators as an early warning tool to identify, for the purpose of initiating regulatory action, insurance companies that are potentially inadequately capitalized. Compliance is determined by the ratio of the Company's regulatory total adjusted capital to its company action level RBC (as defined by the NAIC). Companies which fall below the company action level RBC are required to disclose plans to remedy the situation. As of December 31, 2000, all of the insurance subsidiaries have ratios in excess of the level that would prompt regulatory action. | 126 | 10K |
3194 | 2,228 | In choosing the expected long-term rate of return, the Company’s Pension Plan Investment Committee considered the historical returns of equity and fixed income markets in conjunction with today’s economic and financial market conditions. | 33 | 10K |
5246 | 1,179 | The amortized cost and fair value of fixed maturities available-for-sale as of December 31, 2016, by expected maturity, were as follows: | 21 | 10K |
ASRNederlandNV-AR_2013 | 424 | Waste a.s.r.’s general principle is to comply with legislation and regulations in relation to waste products. One of the principles set out in the policy is to scale back volumes of waste as far as possible and to recycle as much waste as possible. This policy helped a.s.r. to cut carbon emissions in 2012 by 62%, the equivalent of 697 tonnes of carbon dioxide (the result of 2013 is not yet known). a.s.r.’s waste is processed by SITA, whose data shows that a.s.r. recycles 49% of its waste. Total quantity of waste in 2013: 284,063 kg. | 96 | annual_report |
NatwestGroupPLC-AR_2009 | 3,541 | RBS Group Annual Report and Accounts 2009266 5 Auditors’ remuneration Amounts paid to the Group’s auditors for statutory audit and other services are set out below. All audit related and other services are approved by the Group Audit Committee. The Committee recognise that for certain assignments the auditors are best placed to perform the work economically; for other work the Group selects the supplier best placed to meet its requirements; the Group’s auditors are free to tender for such work in competition with other firms. | 85 | annual_report |
4522 | 471 | The Company’s net losses and loss adjustment expenses for the calendar years ended December 31, 2012, December 31, 2011 and December 31, 2010, were $15,233,403, $14,387,327 and $18,470,115, respectively. | 29 | 10K |
5869 | 2,237 | •Bonds are generally carried at amortized cost rather than fair value. | 11 | 10K |
2951 | 528 | Selected cost ratios (by segment). The following table shows employee costs and other operating expenses as a percentage of related title and REI operating revenues. | 25 | 10K |
4953 | 856 | In May 2014, the Financial Accounting Standards Board (which we refer to as the FASB) issued new accounting guidance on revenue from contracts with customers, which will supersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principal of the new guidance is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This new guidance is effective for the first quarter of 2017 and early adoption is not permitted. The guidance permits two methods of transition upon adoption; full retrospective and modified retrospective. Under the full retrospective method, prior periods would be restated under the new revenue standard, providing a comparable view across all periods presented. Under the modified retrospective method, prior periods would not be restated. Rather, revenues and other disclosures for pre-2017 periods would be provided in the notes to the financial statements as previously reported under the current revenue standard. Management is currently reviewing the guidance, and the impact from its adoption on our consolidated financial statements cannot be determined at this time. | 237 | 10K |
INGGroepNV-AR_2006 | 517 | ING has a 19.9% stake in the Bank of Beijing (BoB), China’s second-largest city commercial bank. As part of this strategic alliance, ING is committed to supporting the developments of BoB’s corporate governance, risk management and retail business. The partnership is strongly developing. ING has two seats on the executive board of BoB and in December 2006, a BoB delegation, led by its chairman, visited ING in Amsterdam to share our banking business practices. | 74 | annual_report |
AegonNV-AR_2012 | 5,810 | The average number of employees per geographical area was: Of which agent-employees 2,929 2,991 3,095 | 15 | annual_report |
2616 | 737 | In February 2004, the Company completed a refinancing of its secured credit facility, which had an outstanding balance of $71.5 million at the time of the refinancing. The new bank agreement ("Bank Agreement") consists of: (1) a $50 million Secured Revolving Credit Facility, which includes up to $15 million for letters of credit and matures in 2009, (2) a $35 million Term A Loan, which matures in 2010, and (3) a $40 million Term B Loan, which matures in 2011. The Company's interest rate on borrowings under the Bank Agreement is London Interbank Offered Rate (LIBOR) plus a margin (1.0% to 2.25%), which is determined based on the Company's consolidated total debt to consolidated total capitalization ratio, as defined in the Bank Agreement. The Company also pays certain commitment fees. The Bank Agreement is secured by a pledge of stock of certain of the Company’s subsidiaries. The refinancing extended the maturity of the Company’s debt coming due in 2005 through 2007. The Bank Agreement requires compliance with certain financial loan covenants related to leverage and debt service coverage. As of, and for the twelve-month period ended December 31, 2004, the Company was in compliance with all such covenants. | 198 | 10K |
4145 | 2,693 | For professional lines, reserve releases in the 2003 to 2006 accident years were largely offset by strengthening of reserves in the 2007 year. | 23 | 10K |
StorebrandASA-AR_2020 | 509 | Why It is important that Storebrand’s organisation and business reflects our customers and the market in which we operate. Storebrand aims to be a good workplace for everyone, regardless of their background. We strongly believe in building an agile organisation and a culture of trust, inclusion and belonging. It is important that our employees have freedom and mandate to deliver unprecedented customer experiences regardless of their background. | 67 | annual_report |
4100 | 2,176 | Certain residential mortgage-backed securities backed by sub-prime and Alt-A collateral, which are included in Level 3 financial assets, utilize internal pricing models to assist in determining the estimated fair values. As of December 31, 2008, these investments were priced solely with the assistance of independent pricing services. As a result of low levels of activity in these markets during 2009, management believes that prices were no longer representative of the investments’ fair value, which is the price that would be received upon the sale of the investment in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date. The Company believes that a weighting of internal pricing models and independent pricing services represents a better estimate of the investments’ fair value. | 130 | 10K |
5789 | 1,274 | The defendants dispute the allegations in these actions and intend to defend the lawsuits vigorously. Given the stage of the proceedings, the Company is unable to provide an estimate of the reasonably possible loss or range of loss in respect of the complaints. | 43 | 10K |
5604 | 2,030 | In connection with the completion of the conversions, all of the outstanding shares of common stock shares of PPIX Conversion Corp., PCA Conversion Corp., and PIPE Conversion Corp. are to be issued to the Company, and they will then become wholly-owned stock subsidiaries of the Company. Contemporaneously with the completion of the conversions and the mergers, PCA Conversion Corp. and PIPE Conversion Corp. will merge with and into PPIX Conversion Corp., which will change its name to Positive Physicians Insurance Company. PIC will then be the Company’s sole subsidiary. | 89 | 10K |
StandardLifeAberdeenPLC-AR_2009 | 1,135 | Europe covered business consists of: • The Group’s Germany branch of Standard Life Assurance Limited (SLAL) | 16 | annual_report |
de_allianz-AR_2004 | 1,476 | A depreciation of the U.S. dollar of 10 % against the euro would have reduced the shareholders’ equity by € 0.9 billion at the end of the year. The effects of derivatives are disregarded in these model calculations. | 38 | annual_report |
SwissReAG-AR_2009 | 2,242 | ̤ The Group Regulatory Committee is the central information and co-ordination platform for regulatory matters. It ensures a consistent approach to external communication on regulatory issues. | 26 | annual_report |
NatixisSA-AR_2015 | 607 | BPCE: Natixis shares held: 2,227,221,174 Address: 50 avenue Pierre Mendès France, 75201 Paris Cedex 13 Daniel Karyotis: Date of birth: 02.09.1961 Nationality: French Natixis shares held: 0 Address: 50 avenue Pierre Mendès France 75201 Paris Cedex 13 | 37 | annual_report |
2141 | 296 | The Company did not sell any bonds in the year ending December 31, 2003. The Company sold one bond in the year ending December 31, 2002, and recognized a short-term capital gain of $3,906. The single bond was sold in order to maintain conformity with the Company's investment guidelines. In the year ending December 31, 2001, the Company sold three bonds and recognized capital gains aggregating $35,276. Two of these bonds were sold to maintain conformity with the Company's investment guidelines, and one bond was sold to fund the repurchase of the Company's common stock. | 95 | 10K |
NatwestGroupPLC-AR_2011 | 1,171 | Total impairment losses (49) (151) (640) Loan impairment charge as % of gross customer loans and advances (excluding reverse repurchase agreements) 0.1% 0.2% 0.6% | 24 | annual_report |
5347 | 977 | The following table presents summary results of our operating segments for the year ended December 31, 2014, 2015 and 2016 (in thousands): | 22 | 10K |
gb_lloyds_banking_grp-AR_2008 | 542 | BeST Home InSuRanCe WeBSITe Assessed against 550 different criteria and measured according to 1,000 insurance customer feedback responses, www.lloydstsbinsurance.co.uk has been ranked as the best Home Insurance website for the second year in succession by Global Reviews 2008. (November 2008) | 40 | annual_report |
fr_axa-AR_2013 | 9,241 | We conducted interviews with the relevant heads of department to familiarise ourselves with sustainable development policy, according to the impact of the company’s activity on labour and the environment, of its social commitments and any action or programmes related thereto. | 40 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2020 | 1,577 | Administrative expenses decreased to PLN 3 million (-25.0% y/y) as a consequence of the decreasing portfolio of contracts in this segment. | 21 | annual_report |
2366 | 517 | Net earned premium in 2003 was approximately $18,099,000, an increase of $1,673,000, or 10.2%, compared to $16,426,000 in 2002. Net earned premium by major business segment for the years ended December 31 was as follows: | 35 | 10K |
PosteItalianeSpA-AR_2020 | 1,532 | Poste Italiane’s commitment to managing human rights risks Poste Italiane’s commitment to ensuring respect for human rights - promoted in the context of its own activities as well as in the context of activities entrusted to third parties or conducted with partners - is enshrined in the “Group Policy for the protection of Human Rights”, which illustrates the Group-wide structured approach in the protection of human rights. In addition to defining the monitoring and management principles of risks and opportunities relating to all forms of human rights through systematic application at every organisational and functional level within the Company, the Policy also includes Poste Italiane’s commitment to pursuing socially responsible investment and management activities. | 114 | annual_report |
2372 | 1,657 | Once an impairment charge has been recorded, the Company continues to review the other-than-temporarily impaired securities for additional other-than-temporary impairments. As discussed in Note 2 of the Notes to Consolidated Financial Statements, the Financial Accounting Standards Board (“FASB”) voted to delay the implementation of the impairment measurement and recognition guidance contained in paragraphs 10-20 of EITF Issue No. 03-1, “The Meaning of Other-Than-Temporary Impairments and Its Application to Certain Investments”, (“EITF Issue No. 03-1”), in order to redeliberate certain aspects of the consensus. The ultimate completion of EITF Issue No. 03-1 may impact the Company’s current other-than-temporary impairment evaluation process. | 100 | 10K |
5302 | 831 | operating costs contracted by a relatively lower percentage than the reduction in revenues. RFIG Run-off operating expense ratios reflect ongoing cost control geared to a run-off operation. | 27 | 10K |
5711 | 1,127 | As of December 31, 2019, the statutory income tax rates of the countries where the Company conducts or conducted business are 21% in the United States, 0% in Bermuda, 0% in the Cayman Islands, 24.94% for companies with a registered office in Luxembourg City, 1.0% to 2.5% in Barbados, 19% in the United Kingdom and 25% on non-trading income, 33% on capital gains and 12.5% on trading income in the Republic of Ireland. The statutory income tax rate of each country is applied against the expected annual taxable income of the Company in each country to estimate the annual income tax expense. | 102 | 10K |
AegonNV-AR_2012 | 1,314 | As of September 2012, there has been a significant reduction in the contribution rate payable in Slovakia. Additionally, from 2013, new laws come into force which mean it will no longer be mandatory to join a private pension fund (Pillar II). | 41 | annual_report |
5433 | 1,154 | As previously discussed, Cenpatico Behavioral Health of Arizona, LLC and the related Cenpatico Integrated Care health plan were reclassified to the Managed Care segment in January 2017. The following table summarizes our consolidated operating results by segment for the year ended December 31, ($ in millions) and reflects the above change: | 51 | 10K |
4119 | 1,159 | Concurrent with the issuance of the 2.0% Convertible Senior Notes, the Company purchased convertible note hedges covering, subject to customary anti-dilution adjustments, 6,112,964 shares of its common stock. The convertible note hedges allow the Company to receive shares of its common stock and/or cash equal to the amounts of common stock and/or cash related to the excess conversion value that the Company would pay to the holders of the 2.0% Convertible Senior Notes upon conversion. These convertible note hedges will terminate at the earlier of the maturity date of the 2.0% Convertible Senior Notes or the first day on which none of the 2.0% Convertible Senior Notes remain outstanding due to conversion or otherwise. | 114 | 10K |
3329 | 503 | For each of the three most recent calendar years, prior accident years’ consolidated claim costs have developed favorably and have had the consequent effect of reducing consolidated annual loss costs between 2.9% and 6.9%, or by an average of approximately 4.3% per annum. As a percentage of each of these years’ consolidated earned premiums and fees the favorable developments have ranged between 1.3% and 3.4%, and have averaged 2.2%. | 69 | 10K |
3021 | 1,137 | Frequency/severity methods generally rely on the determination of an ultimate number of claims and an average severity for each claim for each accident year. Multiplying the estimated ultimate number of claims for each accident year by the expected average severity of each claim produces the estimated ultimate loss for the accident year. Frequency/severity methods generally require a sufficient volume of claims in order for the average severity to be predictable. Average severity for subsequent accident years is generally determined by applying an estimated annual loss cost trend to the estimated average claim severity from prior accident years. Frequency/severity methods have the advantage that ultimate claim counts can generally be estimated more quickly and accurately than can ultimate losses. Thus, if the average claim severity can be accurately estimated, these methods can more quickly respond to changes in loss experience than other methods. However, for average severity to be predictable, the | 150 | 10K |
fr_axa-AR_2011 | 2,154 | On both current and constant exchange rate basis, income tax expenses increased by €8 million (+10%) to €-90 million mainly due to €5 million 2010 non recurring tax effect and to a lesser extent, higher tax rate in France (€4 million). | 41 | annual_report |
5251 | 2,203 | The cost (amortized cost for fixed maturities and short-term investments), fair value, gross unrealized gains and gross unrealized (losses), including non-credit related OTTI recorded in AOCI of the Company’s AFS investments at December 31, 2016 and 2015 were as follows: | 40 | 10K |
AdmiralGroupPLC-AR_2017 | 805 | Originally appointed to the Board in 1999, subsequently appointed as CEO in 2016 | 13 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002 | 1,558 | The aggregate shareholders’ equity of the non-consolidated subsidiaries amounted to less than 1.0% (0.7%) of the Group’s shareholders’ equity at 31 December 2002, and their aggregate annual result to 0.5% (0.1%) of the consolidated profit for the year. The enterprises involved are mainly service and management companies. | 47 | annual_report |
2809 | 1,149 | Effective January 1, 2003, all full-time and part-time employees of the Company are eligible to participate in The PMI Group, Inc. Retirement Plan (the “Plan”), a noncontributory defined benefit plan. The Plan generally has been funded by the Company to the fullest extent permitted by federal income tax rules and regulations. In addition, certain employees whose annual earnings exceed $210,000 under Internal Revenue Code (“IRC”) | 65 | 10K |
4898 | 941 | Reserves for traditional life insurance contracts (term insurance, participating and non-participating whole life insurance and traditional group life insurance) and accident and health insurance represent the present value of future benefits to be paid to or on behalf of contract owners and related expenses, less the present value of future net premiums. Assumptions as to interest rates, mortality, expenses and persistency are based on the Company's estimates of anticipated experience at the period the policy is sold or acquired, including a provision for adverse deviation. Interest rates used to calculate the present value of these reserves ranged from 3.0% to 7.2%. | 101 | 10K |
2062 | 660 | General and Administrative Expenses, or G&A, increased $10.4 million or 9.3%. As a percentage of revenues, G&A expenses were 11.1% in 2001 compared to 11.0% in 2000. As a percentage of medical premium revenue, G&A expenses were 17.1% for 2001 compared to 17.6% for 2000. G&A expenses now include the expenses associated with administrative services which were previously reported as part of specialty product expenses. | 65 | 10K |
fr_axa-AR_2009 | 1,154 | On June 8, 2007, AXA and BNP Paribas announced they had reached an agreement for the establishment of a partnership on the Ukrainian Property & Casualty insurance market. On | 29 | annual_report |
HelvetiaHoldingAG-AR_2016 | 2,052 | In the reporting year, a transfer of CHF – 0.2 million (previous year: no transfer) was made to retained earnings as a consequence of disposals of owner-occupied properties transferred to investment property. | 32 | annual_report |
4202 | 889 | The decrease in the GAAP underwriting expense ratio of 0.9 points in 2009 was primarily attributable to several expense initiatives that we implemented in 2008 and during the first quarter of 2009, including workforce reductions in 2008 that resulted in a pre-tax charge of $4.5 million in 2008 and the benefit realized with the elimination of retiree life insurance benefits noted above. Partially offsetting these actions is the impact of the reduction in earned premium. | 75 | 10K |
5388 | 677 | On August 4, 2017, MetLife, Inc. completed the Separation. MetLife, Inc. retained the remaining ownership interest of 22,996,436 shares, or 19.2%, of Brighthouse Financial, Inc. common stock outstanding. Certain MetLife affiliates hold MetLife, Inc. common stock and, as a result, participated in the distribution. | 44 | 10K |
SwissReAG-AR_2015 | 3,481 | To summarise, we believe the past year was a highly successful one for Swiss Re in terms of our contribution to sustainable progress and in meeting your expectations, dear stakeholders. Of course, this would not have been possible without the dedication of the people who work for Swiss Re, day in, day out. We would like to thank them sincerely for their passion to perform. In the present report, we describe in detail what we, in turn, do to help our people unleash their full potential towards making the world more resilient. | 92 | annual_report |
HelvetiaHoldingAG-AR_2016 | 2,864 | Price of Helvetia registered shares at the reporting date in CHF 548.5 566.0 – 3.1 % | 16 | annual_report |
HannoverRueckSE-AR_2020 | 551 | Effective 1 September 2020 we appointed Mr. Clemens Jungsthöfel to the Executive Board so that he could take over as Chief Financial Officer from Mr. Roland Vogel on 30 September, following the latter’s retirement. We are most grateful to Mr. Vogel for his many years of service to the Group and the unfailingly open and constructive dialogue. He made himself available in an advisory capacity during and after the familiarisation phase, which in the eyes of the Supervisory Board ensured the smoothest possible transition. Mr. Jungsthöfel had already served on the Executive Board of HDI Global SE since 2018 and he impressed us not only from a technical standpoint but also on the personal level. We look forward to further successful cooperation with the new Chief Financial Officer and with the entire Executive Board. | 134 | annual_report |
5352 | 1,141 | Our commitments associated with outstanding letters of credit, financial guarantees and funding commitments at December 31, 2017 were as follows (all dollar amounts in table are in millions): | 28 | 10K |
TrygAS-AR_2009 | 782 | Most of the provisions for claims relate to personal injury claims. They are exposed to changes in inflation, the discount rate, disbursement patterns, economic trends, legislation and court decisions. | 29 | annual_report |
fr_axa-AR_2007 | 1,039 | Hong Kong1 gross revenues were up €216 million (+21%) to €1,257 million on a reported basis. This included €110 million from MLC and €236 million from Winterthur. On a comparable basis — excluding the impact of MLC but including Winterthur in both periods and at constant exchange rates — gross revenues were up 4% reflecting the successful launch of a new unitlinked investment & savings type product for which only fee income rather than premium contributions are accounted for in gross revenues. | 82 | annual_report |
de_allianz-AR_2015 | 1,806 | Held-to-maturity investments Held-to-maturity investments are debt securities with fixed or determinable payments and fixed maturities, for which the Allianz Group has the positive intent and ability to hold to maturity. These securities are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method. | 49 | annual_report |
PhoenixGroupHoldingsPLC-AR_2020 | 1,697 | External appointments: Board member of the Association of British Insurers, Trustee of the NSPCC and Chair of their Income Generation Committee. Also the government’s Business Champion for Older Workers and for the Ageing Society Grand Challenge. Awarded an MBE in the 2021 New Year Honours. | 45 | annual_report |
3021 | 1,996 | AIG is a major purchaser of reinsurance for its insurance operations. The use of reinsurance facilitates insurance risk management (retention, volatility, concentrations) and capital planning locally (branch and subsidiary). Pooling of AIG’s reinsurance risks enables AIG to purchase reinsurance more efficiently at a consolidated level, manage global counterparty risk and relationships and manage global catastrophe risks, both for the General Insurance and Life Insurance & Retirement Services businesses. | 68 | 10K |
1958 | 650 | For 2001, all of the product lines reported an increase in premium income and net investment income over 2000. The life and disability product lines both reported a marginal increase in the benefit ratio relative to 2000. The increase for life was due primarily to an increase in the size of the average paid claim. Claim payments for disability increased due to an increase in the average monthly indemnity and a lengthening of the duration of claims, but the incidence rates remained stable. The benefit ratio for the other line was higher in 2001 compared to 2000 | 97 | 10K |
fr_axa-AR_2010 | 5,417 | TOTAL – PROPERTY & CASUALTY INSURANCE EXCLUDING INTERNATIONAL INSURANCE 50,261 47,957 | 11 | annual_report |
630 | 496 | Warrants: During 1995, the Company issued stock purchase warrants for the purchase of 250,000 shares of the Company's common stock. Warrants to purchase 200,000 shares were issued to a director of the Company on July 5, 1995, at $2.875 per share, 100,000 of these warrants are exercisable at any time through July 5, 2000, and 100,000 of the warrants are exercisable through July 5, 2000, in increments of 5,000 warrants for each $1,250 of pre-need insurance premium produced between August 1995 and July 1997. On October 1, 1996, the 100,000 warrants exercisable at any time and 21,267 warrants earned under this arrangement were exercised; the remaining 78,733 warrants were then terminated. 50,000 warrants were issued on November 1, 1995, to an unaffiliated party at $5.00 per share and are exercisable through November 1, 1998. | 134 | 10K |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.