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5433 | 1,449 | contribute $65 million to improve enrollee health outcomes ($10 million over five years), support locally based consumer assistance programs ($5 million over five years) and strengthen the healthcare delivery system ($50 million over five years), of which the present value of $61 million was expensed in the year ended December 31, 2016, and classified as SG&A expenses in the Consolidated Statements of Operations; and | 64 | 10K |
4918 | 4,783 | The carrying value of escrow and other deposit accounts approximates fair value due to the short-term nature of this liability. | 20 | 10K |
RaiffeisenBankInternationalAG-AR_2019 | 2,471 | The defined benefit obligations developed as follows: Defined benefit obligation as at 1/1 144,811 132,706 | 15 | annual_report |
1832 | 512 | Marine Premium. In 2001, marine premium increased 38.3% from 2000 due to the increase in premium rates resulting in higher premiums on renewal and new business and due to the capacity provided to Syndicate 1221 by NCUL and Millennium increasing from 64.5% in 2000 to 67.4% in 2001. The higher premium rates made the business more attractive resulting in the Lloyd's Operations increasing its writings of new business. The capacity provided to Syndicate 1221 by NCUL and Millennium increased from 52.5% in 1999 to 64.5% in 2000 resulting in the increase in premium volume. | 94 | 10K |
fr_axa-AR_1999 | 445 | The French Life Insurance Group offers a variety of individual and group products throughout France. In 1998, the French Life Insurance Group was the second largest insurer in the French life insurance market measured on the basis of gross premiums. | 40 | annual_report |
5855 | 1,135 | •selling, general and administrative expense as a percentage of revenues (expense ratio and acquisition cost ratio); and | 17 | 10K |
CNPAssurancesSA-AR_2014 | 424 | May 2015 – CNP Assurances – Communications and Strategic Marketing department – Design and production – Photos: Cover Stephanie Keith/Gallery Stock; DR - p3: ONOKY - Fabrice Lerouge/ Gettyimages - p4-5: Joel Micah Miller/Plainpicture - p6-9: Franck Juery for CNP Assurances - p10-11: Julie Guiches/Picturetank - p12-13: Julie Guiches/Picturetank - p17: Axel Bernstorff/Plainpicture - p18-21: portraits Franck Juery for CNP Assurances; Jean-Pierre Degas/Gettyimages; Paul Bradbury/Gettyimages; Sigrid Olsson/PhotoAlto/Gettyimages; Joel Micah Miller/Plainpicture - p22-25: portraits Franck Juery for CNP Assurances; Gary Burchell/Gettyimages; Philip and Karen Smith/Gettyimages; Martin Argyroglo/Divergence; hsimages/Westend61/Corbis - p26-29: portraits Franck Juery for CNP Assurances; Jon Hicks/Corbis; Karl Heinz Raach/LAIF-REA; Hero Images/Gettyimages - p30-33: portraits Franck Juery for CNP Assurances; Thomas Barwick/Gettyimages; BartCo/Gettyimages; Kike Calvo/Corbis - p34-35: Alain Le Bacquer/Picturetank; Eric Garault/Picturetank - p36-37: Franck Juery for CNP Assurances; DR - p38: portrait Franck Juery for CNP Assurances; Jon Hicks/Corbis - p39: Jordan Siemens/Gettyimages, p40-41: portraits Franck Juery for CNP Assurances - p44-45: Paul Bradbury/Gettyimages; Cyrus Cornut/Picturetank - p46-48: Carlos Sanchez Pereyra/Gettyimages; Henk Badenhorst/Gettyimages; 36471/Gettyimages; Dave and Les Jacobs/Kolostock/ Gettyimages; Thomas Meyer/OSTKREUZ Agentur/Picturetank - p49: photo and portrait Franck Juery for CNP Assurances - p50-51: Eric Fabrer/Divergence; Eric Fabrer/Divergence - p52-53: Alexa Brunet/Picturetank; Huntstock/Gettyimages – Layout: This report is printed on PEFC-certified paper, from sustainably-managed forests. Ref. CNP/2015/RA2014/KM | 208 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2013 | 1,782 | In 2013, PZU acted as a sponsor and patron of various cultural and sport events – both local and countrywide. | 20 | annual_report |
GjensidigeForsikringASA-AR_2013 | 1,768 | Shares and similar interests 122.0 122.0 Bonds 64.6 2,140.5 2,205.0 Derivatives 62.2 62.2 Bank 2.4 2.4 | 16 | annual_report |
1550 | 262 | The increase in net premiums earned in 1999 compared to 1998 is a result of the acquisition of Brockbank in August 1998. In addition, results for Denham were not significant in 1998. | 32 | 10K |
289 | 207 | The principal executive offices of the Company and its subsidiaries are located in 40,281 square feet of leased office space at 650 Town Center Drive, Costa Mesa, California. The lease on this facility was extended as of October 1, 1995 through March 31, 2007, with a five-year option to extend. Additional offices are maintained in leased premises in Chicago, Illinois; Philadelphia, Pennsylvania; Atlanta, Georgia; Tulsa, Oklahoma; and Phoenix, Arizona. | 69 | 10K |
NatwestGroupPLC-AR_2014 | 2,092 | The remuneration policy supports the business strategy and is designed to promote the long-term success of RBS. It aims to reward employees for delivering good performance against targets provided this is achieved in a manner consistent with our values and within acceptable risk parameters. | 44 | annual_report |
gb_lloyds_banking_grp-AR_2008 | 2,597 | pricewaterhousecoopers LLp Chartered Accountants and Registered Auditors Southampton, England 26 February 2009 | 12 | annual_report |
de_allianz-AR_2017 | 4,560 | Pursuant to § 322 (3) sentence 1 HGB, we declare that our audit has not led to any reservations relating to the legal compliance of the consolidated financial statements and of the group management report. | 35 | annual_report |
4116 | 628 | Deferred tax assets and liabilities resulting from temporary differences between the financial reporting and tax bases of assets and liabilities are measured at the balance sheet date using enacted tax rates expected to apply to taxable income in the years the temporary differences are expected to reverse. The realization of deferred tax assets depends upon the existence of sufficient taxable income within the carryback or carryforward periods under the tax law in the applicable tax jurisdiction. Valuation allowances are established when management determines, based on available information, that it is more likely than not that deferred income tax assets will not be realized. Factors in management’s determination consider the performance of the business including the ability to generate capital gains. Significant judgment is required in determining whether valuation allowances should be established, as well as the amount of such allowances. When making such determination, consideration is given to, among other things, the following: | 153 | 10K |
AegonNV-AR_2006 | 1,790 | AEGON CLOSELY PAYS ATTENTION TO RISK MANAGEMENT AND RISK FACTORS IN EACH OF ITS COUNTRY AND GROUP UNITS | 18 | annual_report |
3908 | 2,110 | disclosure-only provisions of FAS 123 and no stock-based employee compensation cost was included in net income as all options granted had an exercise price equal to the market value of the Company’s ordinary shares on the date of the grant. At December 31, 2008, the Company had several stock based Performance Incentive Programs, which are described more fully in Item 8, Note 21, “Share Capital.” Stock-based compensation issued under these plans generally have a life of not longer than ten years and vest as set forth at the time of grant. Options currently vest annually over four years from the date of grant. The Company recognizes compensation costs for stock options and restricted stock on a straight-line basis over the requisite service period (usually the vesting period) for each award. | 130 | 10K |
1868 | 1,215 | As amended, SFAS 133 requires, among other things, that all derivatives be recognized in the consolidated statement of financial position as either assets or liabilities that are measured at fair value. SFAS 133 also establishes special accounting for qualifying hedges, which allows for matching the timing of gain or loss recognition on the hedging instrument with the recognition of the corresponding changes in value of the hedged item. Changes in the fair value of a derivative qualifying as a hedge are recognized in earnings or directly in stockholders' equity depending on the instrument's intended use. For derivatives that are not designated as hedges or that do not meet the hedge accounting criteria in SFAS 133, changes in fair value are required to be recognized in earnings in the period of change. | 131 | 10K |
2890 | 527 | The recorded insurance loss reserves at the balance sheet date represent the Company’s best estimate, based on historical patterns and other assumptions, of its liabilities at that date. Management, along with the Company’s internal actuaries, periodically reviews the level of loss reserves against actual loss development. This retrospective review is the primary criteria used in refining the levels of loss reserves recorded in the financial statements. Additionally, management compares the Company’s estimate of loss reserves to ranges prepared by its external consulting actuaries to ensure that such estimates are within the actuaries’ acceptable range. The external actuaries perform an extensive review of loss reserves at year end using generally accepted actuarial guidelines along with reviews throughout the year to ensure that the recorded loss reserves appear reasonable. At December 31, 2005, loss reserves, net of reinsurance recoverables, for our property and casualty companies totaled $148.1 million. The Company’s estimate was affirmed by the actuaries’ estimated range for net loss reserves of $134.0 million to $153.0 million. | 166 | 10K |
AvivaPLC-AR_2016 | 7,455 | Statement of comprehensive income For the year ended 31 December 2016 | 11 | annual_report |
40 | 312 | The financial statements and supplementary data filed with this Report are as set forth in the "Laurentian Capital Corporation and Subsidiaries Index to Financial Statements" following Part IV hereof. | 29 | 10K |
1684 | 840 | The periodic method of accounting is followed for Lloyd's syndicate participation, which requires premiums to be recognized as revenue over the policy term and claims, including the estimate of claims incurred but not reported, to be recognized as incurred. Throughout 1999, the Company received updated estimates and information about the Lloyd's market from various sources, including managing agents and underwriters of syndicates and published information from Moody's Investors Service. Consistent with overall market trends, the information and loss estimates received indicated significant deterioration in the loss experience of open years of account. The deterioration in loss experience related primarily to significant losses in certain syndicates (space and aviation, accident and health, and other non-marine classes of business) and continued pressure on the pricing of insurance coverage provided by the Lloyd's market. The Company also discussed projected results of the Lloyd's market with the underwriters of the syndicates that are managed through a subsidiary of the Company. These projected results also indicated future deterioration of the open years of account. Market conditions were not expected to improve dramatically in the near term. | 181 | 10K |
5385 | 501 | On December 22, 2017, the United States enacted a budget reconciliation act amending the Internal Revenue Code of 1986. The TCJA contains provisions that can materially affect the tax treatment of the Company’s U.S. subsidiaries. Among other things, the TCJA reduces the U.S. corporate income tax rate to 21 percent, imposes a 10 percent base erosion minimum tax on income of a U.S. corporation determined without regard to certain otherwise deductible payments made to certain foreign affiliates (including interest payments as well as gross premium or other consideration paid or accrued to a related foreign reinsurance company for reinsurance), and significantly limits the deductibility of interest expenses. | 107 | 10K |
3581 | 1,021 | In November 2007, we received a contract amendment from the State of Georgia providing for an effective premium rate increase in Georgia of approximately 3.8% effective July 1, 2007. The state also mandated service changes, retroactively recalculated certain rate cells and adjusted for duplicate member issues. We executed this amendment on November 16, 2007. The State of Georgia returned the fully executed contract in January 2008 and, accordingly, we will record the additional revenue, retroactive to July 1, 2007, in the first quarter of 2008. This revenue, related to the period from July 1, 2007 to December 31, 2007, totals approximately $20.8 million. Approximately $7.3 million of this amount is related to the mandated services, rate cell changes and duplicate member issues, the remaining $13.5 million yields the calculated 3.8% increase. | 131 | 10K |
NatwestGroupPLC-AR_2015 | 3,603 | US £6.8 billion, including £4.2 billion relating to the sale of North American loan portfolios; EMEA £4.7 billion; and APAC £3.5 billion. Significant progress was also seen in the Markets portfolios through sales, novations, risk transfers, unwinds and close outs, leading to a £11.4 billion reduction. The GTS business RWAs also fell by £6.2 billion following strategic reductions in trade finance lending across all regions. *unaudited | 66 | annual_report |
4028 | 353 | RiverSource Life will not be able to file a consolidated U.S. federal income tax return with the other members of the Ameriprise Financial affiliated group until 2010 which will result in net operating and capital losses, credits and other tax attributes generated by one group not being available to offset income earned or taxes owed by the other group during the period of non-consolidation. This lack of consolidation could affect RiverSource Life’s ability to fully realize certain deferred tax assets, including the capital losses. | 84 | 10K |
gb_lloyds_banking_grp-AR_2011 | 5,470 | At 31 December 2011, the Group’s derivative trading business held mid to bid‑offer valuation adjustments of £85 million (31 December 2010: £66 million). | 23 | annual_report |
Sampoplc-AR_2019 | 47 | to EUR 1,541 million (2,094). The profit includes a loss of EUR 155 million incurred when distributing Nordea shares as dividends in the third quarter of 2019. The profit for the for the comparison year contains a positive nonrecurring item of EUR 197 million from the Danske Bank co-operation agreement that Mandatum Life completed in the second quarter of 2018. The total comprehensive income for the period, taking changes in the market value of assets into account, rose to EUR 1,565 million (1,034). | 83 | annual_report |
2194 | 2,136 | The Company did not make any dividend payments in 2003 or 2002. In 2001, the Company declared and paid dividends in the amount of $15 million to its parent, SLC (U.S.) Holdings. | 32 | 10K |
5477 | 1,352 | There were no tax benefits included in the unrecognized tax benefits of $30,729 at December 31, 2017, that would impact the annual effective tax rate. The Company anticipates a decrease in its unrecognized tax benefits of $8,000 to $10,000 in the next twelve months, primarily due to changes in the composition of the consolidated group. | 55 | 10K |
HiscoxLtd-AR_2010 | 82 | Annual General Meeting, a scrip dividend alternative to the cash dividend is to be offered to shareholders and the Company’s Dividend | 21 | annual_report |
PosteItalianeSpA-AR_2019 | 2,350 | By 2019 Number of customers and number of employees involved with web platforms for customer experience 30,000 customers and 6,000 employees involved in the | 24 | annual_report |
ScorSE-AR_2017 | 31 | Although 2017 has been marked by an exceptional series of large natural catastrophes which occurred during the second half of the year, SCOR’s strong underlying results demonstrate its resilience and the effectiveness of its business model, based on extensive business and geographical diversification, while focusing on traditional reinsurance activities. | 49 | annual_report |
BaloiseHoldingLtd-AR_2010 | 942 | Information on Baloise bonds Information on outstanding Baloise bonds can be found in the Financial Report from page 111 onwards. | 20 | annual_report |
ch_zurich_insurance_group-AR_2013 | 2,913 | Business operating profit before non-controlling interests 2,932 2,165 1,504 1,484 1,516 1,402 (1,056) (932) 72 129 – – 4,968 4,248 1 The Global Life segment includes approximately USD 521 million and USD 603 million of gross written premiums and future life policyholders‘ benefits for certain universal life-type contracts in the Group’s Spanish operations for the years ended December 31, 2013 and 2012, respectively (see note 3). | 66 | annual_report |
de_allianz-AR_2001 | 660 | The sluggish economy, weak stock markets and delays in the implementation of cost cutting plans squeezed earnings in the banking sector. The reporting period saw a substantial drop in the lucrative IPO, merger and acquisition business. In Germany in particular, there was increased pressure to consolidate in the banking industry. | 50 | annual_report |
485 | 444 | The carrying value and estimated fair value of other financial instruments at December 31, 1996 and 1995 are as follows (in thousands): | 22 | 10K |
5432 | 668 | 2017 includes the effect of U.S. Tax Reform. See Note 9 - “Income Tax” in the Notes to Consolidated Financial Statements for additional information. | 24 | 10K |
5804 | 919 | As noted in Accounting Pronouncements Adopted in the Current Year, the Company early adopted ASU 2017-04. In accordance with the new guidance, in the event the fair value is less than the carrying value, further testing is required to determine the amount of impairment, if any. If there is an impairment in the goodwill of any reporting unit, it is written down and charged to earnings in the period of the test. | 72 | 10K |
4043 | 586 | Net investment income, which excludes investment income on separate account assets relating to variable products, increased 2.4% in 2009 to $724.7 million and increased 12.7% in 2008 to $707.9 million. These increases are primarily due to increases in average invested assets. Average invested assets increased 3.9% to $12,293.7 million (based on securities at amortized cost) in 2009 and 13.5% to $11,835.2 million in 2008. Average invested assets totaled $10,430.4 million in 2007. The increase in average invested assets in 2009 and 2008 is principally due to net cash inflows from Farm Bureau Life and proceeds from borrowings in the last half of 2008. EquiTrust Life contributed to the increase with net cash inflows in 2008, but had net cash outflows in 2009 due to the reduction in sales to preserve capital, increased surrender activity from the independent distribution channel and assets transferred to EMCNL in connection with the reinsurance recapture transaction. | 151 | 10K |
5740 | 1,145 | As of December 31, 2019, we had $3.8 million of cash and cash equivalents, excluding restricted cash. | 17 | 10K |
NatixisSA-AR_2010 | 2,755 | Natixis’ fi nancial statements as of December 31, 2010 show net income of €284,641,699.57. | 14 | annual_report |
5189 | 654 | Deferred acquisition costs include premium taxes and other variable underwriting and direct sales costs incurred in connection with writing successful new and renewal business. These costs are deferred and amortized over the policy period in which the related premiums are earned, to the extent that such costs are deemed recoverable from future unearned premiums and anticipated investment income. Advertising costs are expensed when incurred and are not a part of deferred acquisition costs. Amortization expense for the years ended December 31, 2016, 2015 and 2014 was $18.9 million, $16.3 million and $11.4 million, respectively, and is included within insurance operating expenses in the accompanying consolidated statements of operations and comprehensive (loss) income. | 112 | 10K |
gb_prudential-AR_2017 | 6,271 | (vii) Internal asset management The in‑force and new business results from long‑term business include the projected value of profits or losses from asset management and service companies that support the Group’s covered insurance businesses. The results of the Group’s asset management operations include the current year profits from the management of both internal and external funds. EEV basis shareholders’ other income and expenditure is adjusted to deduct the unwind of the expected internal asset management profit margin for the year as included in ‘Other operations’. The deduction is on a basis consistent with that used for projecting the results for covered insurance business. Group operating profit accordingly includes the variance between actual and expected profit in respect of management of the assets for covered business. | 125 | annual_report |
2257 | 367 | Secured borrowing reinvestment transactions excluded from cash flows from investing activities in the Statements of Cash Flows for the years ended December 31 are as follows: | 26 | 10K |
NatixisSA-AR_2010 | 4,257 | Share in unrealized or deferred gains or losses or associates 40 (5) 35 (174) (41) (215) | 16 | annual_report |
HiscoxLtd-AR_2005 | 0 | Contents 02 Highlights 03 Who we are 04 Board of Directors 08 Chairman’s statement 10 Chief Executive’s report 16 The Hiscox business at a glance 18 Hiscox distribution 20 The Hiscox brand and values 21 Hiscox people 22 Risk carriers 26 Group financial performance 29 Cash flow and liquidity 30 Capital 32 Risk management 36 Corporate responsibility 38 Corporate governance 41 Directors’ remuneration report 44 Directors’ report 48 Statement of Directors’ responsibilities 49 Independent auditors’ report to the shareholders of Hiscox plc 50 Consolidated income statement 51 Consolidated balance sheet 52 Company balance sheet 53 Consolidated statement of changes in equity 54 Company statement of changes in equity 55 Cash flow statement – Consolidated Group 56 Cash flow statement – Company 57 Notes to the financial statements 101 Five year summary 102 Notice of Annual General Meeting 104 Definition of insurance terms | 142 | annual_report |
5955 | 893 | and a substantive process that together significantly contribute to the ability to create outputs and therefore does not meet the definition of a business under GAAP. Accordingly, we recognized the acquired assets at fair value as of the acquisition date, with transaction costs allocated to the insurance license indefinite-lived intangible assets. | 51 | 10K |
SwissReAG-AR_2015 | 508 | The savings business contracted or slowed due to low interest rates, equity market volatility, and the impact of pension reforms in some markets (eg, the UK). low interest rates have made it harder for insurers to earn enough investment income and in many countries, guarantees and profit sharing have been reduced. Savings-type insurance has also become more expensive for regulatory reasons (eg, higher capital requirements for long-term guarantees, or asset/liability mismatches). This has made savings- type insurance less attractive for both policyholders and suppliers. Together with adjusting their products and offering more flexible guarantees, insurers are introducing new concepts such as a guarantee of a certain return over the full duration of the contract, rather than an annual return. | 119 | annual_report |
GjensidigeForsikringASA-AR_2019 | 2,275 | 4. Premiums and claims etc. in general insurance For segment information according to IFRS 8 please refer to note 4 in the consolidated financial statements. The information below is worked out based on the requirements in the Norwegian Financial Reporting Regulations for Non-Life Insurance Companies. | 45 | annual_report |
3253 | 941 | In November 2005, the FASB released FASB Staff Position Nos. FAS 115-1 and FAS 124-1, “The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments” (“FSP 115-1”), which effectively replaces EITF Issue No. 03-1, “The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments.” FSP 115-1 contains a three-step model for evaluating impairments and carries forward the disclosure requirements in EITF Issue No. 03-1 pertaining to securities in an unrealized loss position is considered impaired; an evaluation is made to determine whether the impairment is other-than-temporary; and, if an impairment is considered other-than-temporary, a realized loss is recognized to write the security’s cost or amortized cost basis down to fair value. FSP 115-1 references existing other-than-temporary impairment guidance for determining when an impairment is other-than-temporary and clarifies that, subsequent to the recognition of an other-than-temporary impairment loss for debt securities, an investor shall account for the security using the constant effective yield method. FSP 115-1 is effective for reporting periods beginning after December 15, 2005, with earlier application permitted. Adoption of FSP 115-1 upon issuance did not have a material effect on our Consolidated Financial Statements. | 188 | 10K |
5594 | 3,343 | Interest crediting rates range from 0% to 7.5% for interest-sensitive life contracts and from 0% to 13.3% for contracts other than interest-sensitive life. Less than 1% of policyholders’ account balances have interest crediting rates in excess of 8%. | 38 | 10K |
4254 | 1,216 | and/or principal payments. We have the ability and current intent to hold to recovery all securities with an unrealized loss position. Our investment portfolio includes $648.2 million, or 39% of our portfolio holdings, of mortgage-backed and asset-backed securities. The majority of our mortgage-backed securities are Fannie Mae, Freddie Mac and Ginnie Mae issues, and the average rating of our entire asset-backed securities is AA+/Aa1. However, any failure by Fannie Mae or Freddie Mac to honor the obligations under the securities they have issued or guaranteed could cause a significant decline in the value or cash flow of our mortgage-backed securities. Our investment portfolio also includes $535.9 million, or 32% of our portfolio holdings of obligations of state and other political subdivisions. Such amount consists of current and non-current obligations of $527.1 million or 98%, and $8.8 million or 2% of the total obligations of state and other political subdivisions, respectively. Our investment portfolio also includes $9.9 million, or less than 1% of our portfolio holdings, of auction rate securities (ARS). These ARS have long-term nominal maturities for which the interest rates are reset through a dutch auction process every 7, 28 or 35 days. At December 31, 2010, these ARS had at one point or are continuing to experience “failed” auctions. These securities are entirely municipal issues and rates are set at the maximum allowable rate as stipulated in the applicable bond indentures. We continue to receive income on all ARS. If all or any portion of the ARS continue to experience failed auctions, it could take an extended amount of time for us to realize our investments’ recorded value. | 270 | 10K |
3641 | 1,135 | In September 2005, the American Institute of Certified Public Accountants (“AICPA”) issued Statement of Position 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts (“SOP 05-1”). SOP 05-1 provides guidance on accounting by insurance companies for deferred acquisition costs on internal replacements of insurance and investment contracts other than those described in Statement of Financial Accounting Standards No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments. This statement was effective for internal replacements occurring in fiscal years beginning after December 15, 2006. The Company adopted SOP 05-1 effective January 1, 2007. The adoption of SOP 05-1 did not have a material effect on the Company’s results of operations or financial position. | 134 | 10K |
NatixisSA-AR_2020 | 3,128 | On June 7, 2019, the company Bucephalus Capital Limited (a UK law firm), together with other firms, brought claims against Darius Capital Partners (a French law firm, now operating under the name Darius Capital Conseil, and 70%-held subsidiary of Natixis Investment Managers) before the Paris Commercial Court, to contest the breach of various contractual obligations, particularly with respect to a framework agreement dated September 5, 2013 setting out their contractual relations and various subsequent agreements. Bucephalus Capital Limited claims a total of €178,487,500. | 83 | annual_report |
4310 | 3,431 | Significant inputs that are observable generally include: interest rates, foreign currency exchange rates, interest rate curves, credit curves and volatility. However, certain over-the-counter derivatives may rely on inputs that are significant to the estimated fair value that are not observable in the market or cannot be derived principally from or corroborated by observable market data. Significant inputs that are unobservable generally include: independent broker quotes, credit correlation assumptions, references to emerging market currencies and inputs that are outside the observable portion of the interest rate curve, credit curve, volatility or other relevant market measure. These unobservable inputs may involve significant management judgment or estimation. Even though unobservable, these inputs are based on assumptions deemed appropriate given the circumstances and are assumed to be consistent with what other market participants would use when pricing such instruments. | 135 | 10K |
5095 | 1,117 | The Merger is subject to customary closing conditions, including, among other things, (i) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the receipt of necessary approvals under state insurance and healthcare laws and regulations and pursuant to certain licenses of certain of Humana’s subsidiaries, (ii) the absence of legal restraints and prohibitions on the consummation of the Merger, (iii) listing of the Aetna common stock to be issued in the Merger on the New York Stock Exchange, (iv) subject to the relevant standards set forth in the Merger Agreement, the accuracy of the representations and warranties made by each party, (v) material compliance by each party with its covenants in the Merger Agreement, and (vi) no “Company Material Adverse Effect” with respect to us and no “Parent Material Adverse Effect” with respect to Aetna, in each case since the execution of and as defined in the Merger Agreement. In addition, Aetna’s obligation to consummate the Merger is subject to (a) the condition that the required regulatory approvals do not impose any condition that, individually or in the aggregate, would reasonably be expected to have a “Regulatory Material Adverse Effect” (as such term is defined in the Merger Agreement), and (b) CMS has not imposed any sanctions with respect to our Medicare Advantage, or MA, business that, individually or in the aggregate, is or would reasonably be expected to be material and adverse to us and our subsidiaries, taken as a whole. The Merger is currently expected to close in the second half of 2016. | 266 | 10K |
4182 | 930 | BPO. Our BPO revenues consist exclusively of service and administrative fees for providing a broad set of administrative services tailored to insurance and other financial services companies including ongoing sales and marketing support, premium billing and collections, policy administration, claims adjudication and call center management services. Our BPO revenues are based on the volume of business that we manage on behalf of our clients. Our BPO segment typically charges fees on a per-unit of service basis as a percentage of our client's insurance premiums. | 84 | 10K |
5446 | 639 | Due to the factors discussed above, income from continuing operations before income taxes was $1,401 million in 2016, a 2% decrease from $1,428 million in 2015. | 26 | 10K |
1873 | 747 | •diversified fixed-maturity portfolio had 66 positions with $31 million of total gross unrealized losses, excluding deferred amortizable derivative losses. No single position had an unrealized loss greater than $2 million. | 30 | 10K |
StorebrandASA-AR_2008 | 309 | In total, more than 10,000 agreements were sold in the market, with Storebrand gaining a market share of approximately 13 percent. | 21 | annual_report |
Sampoplc-AR_1999 | 225 | In pring 1999, the Annual Gen eral Meeting authorised Sampo's Board of Directors to buy back a maximum of 3,000,000 ampo A shares. These buy backs were carried out during the pe riod January 3rd - January 24th, 2000. A total f 1,520,000 w11 share at a to tal amount of EUR 57 million were bought on eh He! inki to k Ex change. | 64 | annual_report |
ScorSE-AR_2012 | 1,763 | Assistance in Paris. Two years later she returned to Italy to join the headquarters of the Generali group, taking responsibil ity for the Planning and Control department. In 2001 she left Trieste for Madrid, where she became CEO of Generali Espana. | 41 | annual_report |
INGGroepNV-AR_2011 | 188 | DUTCH LEGISLATIVE MEASURES In anticipation of EU regulation the Dutch authorities have already announced a number of related measures. | 19 | annual_report |
5731 | 1,202 | Certain of our subsidiaries and branches operate in jurisdictions where they are subject to taxation. Current and deferred tax expense or benefit is allocated to net earnings (loss), or, in certain cases, to discontinued operations or other comprehensive income (loss). Current tax is recognized and measured upon enacted tax laws and rates applicable in the relevant jurisdiction in the period in which the income tax becomes accruable or realizable. Deferred taxes are provided for temporary differences between the carrying amount of assets and liabilities used in the financial statements and the tax basis used in the various jurisdictional tax returns. When our assessment indicates that all or some portion of deferred tax assets will not be realized, a valuation allowance is recorded against the deferred tax assets to reduce the assets to the amount more likely than not to be realized. | 141 | 10K |
2939 | 568 | Sources of Funds. The liquidity requirements of our insurance subsidiaries relate primarily to the liabilities associated with their products as well as operating costs and payments of dividends and taxes to us. Historically, cash flows from premiums and investment income have provided more than sufficient funds to meet these requirements without forcing the sale of investments. If our cash flows change dramatically from historical patterns, for example as a result of a decrease in premiums or an increase in claims paid or operating expenses, we may be forced to sell securities before their maturity and possibly at a loss. Our insurance subsidiaries generally hold a significant amount of highly liquid, short-term investments to meet their liquidity needs. Funds received in excess of cash requirements are generally invested in additional marketable securities. Ordinarily, we collect premiums and earn investment income on the policies we issue in advance of the payment of losses. Our historic pattern of using premium receipts for the payment of liabilities has enabled us to extend slightly the maturities of our investment portfolio beyond the estimated settlement date of our loss reserves. | 184 | 10K |
3644 | 931 | EIC, EIPC, Flagship and EINY each have an intercompany reinsurance pooling agreement with the Exchange, whereby these companies cede all of their direct property/casualty insurance to the Exchange. EIC and EINY then assume 5% and 0.5%, respectively, of the total business pooled in the Exchange (including the business assumed from EIC and EINY) under this pooling agreement. This arrangement is approved by the Board of Directors. The pooling percentages were last modified in 1995. Intercompany accounts are settled by payment within 30 days after the end of each quarterly accounting period. The purpose of the pooling agreement is to spread the risks of the members of the Property and Casualty Group collectively across the different lines of business they underwrite and | 121 | 10K |
5663 | 2,598 | Valuation of the deferred acquisition costs related to universal life and variable life products and fixed and variable deferred annuity products and deferred sales inducements related to fixed and variable deferred annuity products | 33 | 10K |
StorebrandASA-AR_2020 | 5,390 | Nøkkeltall for bærekraft er tabeller som viser indikatorer på bærekraft som Storebrand ASA måler og følger opp. Tabellene er tilgjengelige og inngår i Storebrand ASAs årsrapport for 2020, nærmere bestemt til slutt i hvert av kapitlene «En pådriver for bærekraftige investeringer», «Kunderelasjoner», «Mennesker» og «Orden i eget hus». De ulike tabellene er også tilgjengelig i samleoversikten «Komplett liste med bærekraftsindikatorer» som er et vedlegg til årsrapporten. Storebrand har definert nøkkeltallene og forklart hvordan de måles i noteverk til tabellene som er tilgjengelig og inngår i årsrapporten (kriterier). Vi har kontrollert grunnlaget for målingene og har etterberegnet målingene. | 97 | annual_report |
HiscoxLtd-AR_2016 | 1,209 | We focused on this area as the underlying methods include a number of explicit and implicit assumptions relating to the expected settlement amounts and settlement patterns of claims and are subject to complex calculations which include application of management’s judgement. | 40 | annual_report |
2197 | 1,318 | We have an earn-out arrangement effective December 31, 2003 for non-Phoenix members of Kayne Anderson Rudnick that is in the form of a put/call. Non-Phoenix members will be entitled to a payment in the first quarter | 36 | 10K |
gb_prudential-AR_2015 | 1,885 | The Committee’s report is presented in the following sections: — An ‘at a glance’ summary of the Group’s remuneration arrangements on pages 104 and 105; — Our Directors’ remuneration policy on pages 106 to 108 which describes how we pay directors. This policy was approved by shareholders at the 2014 AGM; — Our annual report on remuneration on pages 109 to 125 which describes how the Committee applied the remuneration policy in 2015 and the decisions it has made in respect of 2016; and | 84 | annual_report |
gb_lloyds_banking_grp-AR_2004 | 292 | Market risk in the Group’s retail portfolios and in the Group’s capital funds arises from the different repricing characteristics of the Group’s banking assets and liabilities and is managed by Group Balance Sheet Management. | 34 | annual_report |
2763 | 8,272 | Under AFG's 2005 Stock Incentive Plan, employees of AFG and its subsidiaries are eligible to receive equity awards in the form of stock options, stock appreciation rights, restricted stock awards, restricted stock units and stock awards. This plan will replace AFG's existing stock option plan in 2006. | 47 | 10K |
gb_prudential-AR_2005 | 4,471 | The Group disposed of its interest in Jackson Federal Bank on 27 October 2004 to Union Bank of California (see note F6). | 22 | annual_report |
NatixisSA-AR_2013 | 426 | Coface posted revenue of €1.44 billion in 2013, down 3.1% compared to 2012 (-1.6% at constant exchange rates and scope of consolidation). Credit insurance revenue fell by 1.2% in 2013 (at constant exchange rates and scope of consolidation) due to weak customer activity, which had a particularly harmful effect in the fi rst three quarters but which rebounded signifi cantly in the fi nal quarter. In addition, factoring revenue fell by 10.6% between 2012 and 2013, following a decline of 21.8% between 2011 and 2012, which marked the end of the strategic refocusing on more profi table customers. | 98 | annual_report |
PosteItalianeSpA-AR_2017 | 5,633 | Assets/Liabilities not designated at fair value or not measured at fair value on a recurring basis by fair value level (€m) | 21 | annual_report |
2838 | 659 | Our ability to fully utilize the remaining NOL depends on future taxable income either from continued operating profitability or from tax planning strategies we could implement, such as increasing the taxable portion of our investment portfolio. Because of the Company’s history of profitability over the past three years, management believes it is reasonable to expect future underwriting profits and to conclude it is at least more likely than not that we will be able to realize the benefits of all of our DTAs, including our NOL. Accordingly, no valuation allowance has been recognized as of December 31, 2005 and 2004. However, generating future taxable income is dependent on a number of factors, including regulatory and competitive influences that may be beyond our ability to control. Future underwriting losses could possibly jeopardize our ability to utilize our NOLs. In the event adverse development or underwriting losses due to either SB 1899 matters or other causes were to occur, management might be required to reach a different conclusion about the realization of the DTAs and, if so, recognize a valuation allowance at that time. | 182 | 10K |
PhoenixGroupHoldingsPLC-AR_2012 | 2,486 | RCR Resilience Capital Requirement – Additional amounts of capital required to be held by certain life companies for regulatory purposes as a result of 2 stress tests under Pillar 1 | 30 | annual_report |
PhoenixGroupHoldingsPLC-AR_2020 | 3,457 | Audit related assurance services includes fees payable for services where the reporting is required by law or regulation to be provided by the auditor, such as reporting on regulatory returns. It also includes fees payable in respect of reviews of interim financial information and services where the work is integrated with the audit itself. | 54 | annual_report |
INGGroepNV-AR_2014 | 4,776 | For the reconciliation between credit risk outstanding categories and financial assets we refer to the section ’Credit risk management classification’ as included in the chapter ‘Accounting policies for the consolidated annual accounts’ | 32 | annual_report |
1073 | 151 | The Company follows the customary practice of reinsuring with other companies, i.e., ceding a portion of its exposure on the policies it has written. This pro- gram of reinsurance permits the Company greater diversification of business and the ability to write larger policies while limiting the extent of its maximum net loss. It provides protection for the Company against unusually serious occurrences in which a number of claims could produce a large aggregate loss. Management continually monitors the Company's reinsurance program to obtain pro- tection that should be adequate to ensure the availability of funds for losses while maintaining future growth. | 101 | 10K |
de_allianz-AR_2016 | 643 | Loadings from premiums as % of statutory premiums 5.9 5.5 0.4 Loadings from reserves as % of average reserves2,3 0.2 0.2 – Unit-linked management fees as % of average unit-linked reserves3,4 0.6 0.6 (0.1) | 34 | annual_report |
AssicurazioniGeneraliSpA-AR_2017 | 990 | Life underwriting risks are measured by means of the Generali Group PIM. | 12 | annual_report |
4871 | 2,403 | The following table is derived from the Loss Development table and summarizes the effect of reserve re-estimates, net of reinsurance, on calendar year operations for the ten-year period ended December 31, 2014. The total of each column details the amount of reserve re-estimates made in the indicated calendar year and shows the accident years to which the re-estimates are applicable. The amounts in the total accident year column on the far right represent the cumulative reserve re-estimates during the ten year period ended December 31, 2014 for the indicated accident year(s). | 91 | 10K |
4843 | 1,531 | Net cash provided by investing activities increased by $13.2 million for the year ended December 31, 2013 compared to the year ended December 31, 2012. This increase was primarily due to to a $260.7 million decrease in net purchases of investments in available-for-sale securities during the year ended December 31, 2013, partially offset by $248.2 million in proceeds received for the sale of our Medicare PDP business during the year ended December 31, 2012. | 74 | 10K |
BeazleyPLC-AR_2018 | 1,148 | Dennis Holt 21 July 2011 22 March 2018 2/2 David Roberts 22 March 2018 4/4 George Blunden 1 January 2010 6/6 Sir Andrew Likierman 25 March 2015 6/6 Catherine Woods 1 October 2018 1/1 | 34 | annual_report |
RSAInsuranceGroupPLC-AR_2020 | 3,408 | The Group receives liability claims and becomes involved in actual or threatened litigation during the ordinary course of its business operations. The Group reviews and, in the opinion of the directors, maintains sufficient provisions, capital and reserves in respect of such claims. | 42 | annual_report |
ASRNederlandNV-AR_2016 | 1,170 | • Unit-linked/universal life These policies provide savings from recurring or single premium payments. The value of capital is based on the value of the investments at the chosen end date, with the possibility of guaranteeing a minimum return under certain conditions. a.s.r. currently offers unit-linked policies solely to existing customers wishing to switch to a topical product. | 57 | annual_report |
gb_prudential-AR_2013 | 857 | Primary responsibility for strategy, performance management and risk control lies with the Board, which has established the Group Risk Committee to assist in providing leadership, direction and oversight in respect of the Group’s significant risks, and with the Group Chief Executive and the Chief Executives of each of the Group’s business units. | 52 | annual_report |
LloydsBankingGroupPLC-AR_2007 | 2,420 | Sterling Step-up Non-Voting Non-Cumulative Preferred Securities callable 2015 (£250 million) d, n 248 248 4.385% Step-up Perpetual Capital Securities callable 2017 (e750 million) d, f, k 504 478 | 28 | annual_report |
3846 | 1,286 | The main objectives in managing our investment portfolios are to maximize after-tax investment income and total investment returns while minimizing credit risks in order to ensure that funds will be available to meet our insurance obligations. Investment strategies are developed based on many factors including underwriting results and our resulting tax position, regulatory requirements, fluctuations in interest rates and consideration of other market risks. Investment decisions are centrally managed by investment professionals based on guidelines established by management and approved by the boards of directors of Chubb and its respective operating companies. | 92 | 10K |
NatwestGroupPLC-AR_2010 | 4,766 | (announced by the UK Government on 8 October 2008) (the “Credit Guarantee Scheme”), any downgrade in the UK Government’s credit ratings could materially adversely affect the credit ratings of Group companies and may have the effects noted above. Standard & Poor’s Credit Market Services Europe Limited reaffirmed the UK Government’s “AAA” rating with stable outlook on 26 October 2010 and Moody’s Investors Service Limited reaffirmed the UK Government’s “Aaa” rating on 7 May 2010. Fitch Ratings Limited reaffirmed the UK Government’s “AAA” rating with stable outlook on 31 July 2009 and Moody’s Investors Service Limited reiterated the UK Government’s stable outlook on 23 June 2010. Credit ratings of RBS N.V., Ulster Bank and Citizens are also important to the Group when competing in certain markets, such as overthe -counter derivatives. As a result, any further reductions in the company’s long-term or short-term credit ratings or those of its principal subsidiaries could adversely affect the Group’s access to liquidity and competitive position, increase its funding costs and have a material adverse impact on the Group’s earnings, cash flow and financial condition or result in a loss of value in the Securities. | 190 | annual_report |
5017 | 900 | In addition to state-level regulation, segments of our FNF core businesses are subject to regulation by federal agencies, including the Consumer Financial Protection Bureau (“CFPB”). The Dodd-Frank Wall Street Reform ("Dodd-Frank") and Consumer Protection Act of 2010 established the CFPB, and in January 2012, President Obama appointed its first director. The CFPB has been given broad authority to regulate, among other areas, the mortgage and real estate markets in matters pertaining to consumers. This authority includes the enforcement of the Real Estate Settlement Procedures Act formerly placed with the Department of Housing and Urban Development. On July 9, 2012, the CFPB introduced a number of proposed rules related to the enforcement of the Real Estate Settlement Procedures Act and the Truth in Lending Act, including, among others, measures designed to (i) simplify financing documentation and (ii) require lenders to deliver to consumers a statement of final financing charges (and the related annual percentage rate) at least three business days prior to the closing. These rules became effective on January 10, 2014. Dodd-Frank also included regulation over financial services and other lending related businesses including our newly acquired BKFS business. On November 20, 2013, the CFPB issued additional rules regarding mortgage forms and other mortgage related disclosures with the intent to provide "easier-to-use" mortgage disclosure forms for the consumer. The additional disclosure requirements are effective August 1, 2015. We have reviewed the new requirements and are reviewing and updating our policies, procedures and technology resources as appropriate. It is our experience that mortgage lenders have become more focused on the risk of non-compliance with these evolving regulations and are focused on technologies and solutions that help | 275 | 10K |
3078 | 1,790 | We measure and evaluate our insurance segments’ financial performance using operating earnings on a pretax basis. We define segment operating earnings as the profits we derive from our | 28 | 10K |
fr_axa-AR_2019 | 815 | France gross revenues were up 4% (or €+972 million) on a comparable basis to €26,182 million: ■ Life & Savings (€+655 million or +5%) to €14,325 million mainly driven by (i) Individual Savings (€+672 million) due to strong sales of G/A capital light products through the bancassurance channel and higher sales of Eurocroissance products through the proprietary channel, as well as by (ii) Protection (€+198 million) | 66 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2017 | 2,639 | As at 1 January 2017, the following persons sat on the PZU | 12 | annual_report |
fr_axa-AR_2013 | 1,638 | Gross revenues decreased by €2 million (-3%) to €71 million after intercompany eliminations. On a comparable basis, gross revenues remained stable driven by a positive development in proprietary networks, partly offset by lower premiums in the bancassurance channel. | 38 | annual_report |
5942 | 1,835 | Adjusted earnings, which may be positive or negative, focuses on the Company’s primary businesses principally by excluding the impact of market volatility, which could distort trends. | 26 | 10K |
fr_axa-AR_2016 | 6,442 | DAC net of unearned revenues and unearned fees reserves 19,118 468 18,531 497 | 13 | annual_report |
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