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de_allianz-AR_2010 | 537 | The Allianz Equity Incentive is accounted for as a cash-settled plan. Any changes in fair value of the grants are accrued as compensation expense over the relevant vesting period. Upon vesting, any changes in the fair value of the unexercised SAR are recognized as compensation expense. The Equity Incentive compensation expense in 2010 amounted to € 5,246 thousand, for Mr. Diekmann € 697 thousand, for Dr. Achleitner € 434 thousand, for Mr. Bäte € 407 thousand, for Mr. Booth € 639 thousand, for Mr. Cucchiani € 474 thousand, for Dr. Faber € 509 thousand, for Dr. Mascher € 412 thousand, for Mr. Ralph € 443 thousand, for Dr. Rupprecht € 492 thousand and for Dr. Zedelius € 739 thousand. | 119 | annual_report |
3064 | 827 | Includes policy acquisition expenses, such as assessments, premium taxes and other general and administrative expenses, excluding commissions and salaries and benefits, related to insurance operations and corporate operating expenses. | 29 | 10K |
gb_prudential-AR_2011 | 5,523 | Liabilities Policyholder liabilities and unallocated surplus of with-profits funds 236,290 – 236,290 232,304 – 232,304 224,980 – 224,980 Core structural borrowings of shareholder-financed operations 3,611 – 3,611 3,998 – 3,998 3,676 – 3,676 Deferred tax liabilities 4,211 (282) 3,929 4,194 (258) 3,936 4,224 (256) 3,968 Other liabilities 20,308 – 20,308 20,423 – 20,423 19,851 – 19,851 | 56 | annual_report |
INGGroepNV-AR_2005 | 2,071 | See Note 12 to the consolidated annual accounts for additional information. | 11 | annual_report |
5813 | 1,111 | Other investments are primarily comprised of alternative investments, which are limited partnership investments in private equity, private credit, and real estate strategies. These alternative investments are accounted for using the equity method, with income typically recognized on a one-quarter lag. Because these alternative investments are recorded under the equity method of accounting, the valuation and income recognized on these investments may be impacted by volatility in the financial markets. In addition to our alternative investments, our other investment portfolio includes Federal Home Loan Bank stock (“FHLB Stock”) and tax credit investments. The FHLB Stock is reported at cost. Accounting for our tax credit investments is dependent on the type of credit we have purchased, as follows: | 116 | 10K |
NatixisSA-AR_2015 | 5,069 | Liabilities valued using the fair value through profi t and loss option consist mainly of long-term structured repos indexed to a basket of equities whose risks are managed globally and dynamically, as well as issues originated and structured for customers whose risks and hedges are managed collectively. These issues include signifi cant embedded derivatives for which changes in value are neutralized by those of the derivative instruments hedging them. | 69 | annual_report |
5254 | 1,592 | The Company paid income taxes of $892 million, $1.21 billion and $1.15 billion during the years ended December 31, 2016, 2015 and 2014, respectively. The current income tax payable was $72 million and $50 million at December 31, 2016 and 2015, respectively, and was included in other liabilities in the consolidated balance sheet. | 53 | 10K |
gb_lloyds_banking_grp-AR_2010 | 3,382 | Joined the Board in 2001 as Group Executive Director, UK retail banking before his appointment as Group Chief Executive in June 2003. Served with Citibank from 1975 and held a number of senior and general management appointments in the USA, South America and Europe before becoming Chief Operating Officer of Citibank Consumer Bank in 1998. Following the Citibank/Travelers merger in 1998, he was Chairman and Chief Executive Officer of Travelers Life and Annuity until 2000. A Non-Executive Director of BT Group. Aged 59. | 83 | annual_report |
3063 | 1,029 | Other Investments: Included in the Company’s other long-term investments is its leased asset portfolio (refer to Note 15 - Leases) and a position in Waveland NCP Alabama Ventures, LLC, a certified capital company that is an investment premium tax credit program sanctioned by the State of Alabama. This investment is carried at its unpaid principal balance of $2.6 million and $2.9 million at December 31, 2006 and 2005, respectively. Principal and interest are received in accordance with a contractual agreement and repayment of principal is protected by strict guidelines imposed by the governing agency. Also included within other long-term investments in affiliates is a note receivable from OFC Servicing Corporation, a wholly-owned subsidiary of MidCountry, for $33.0 million and $55.5 million at December 31, 2006 and 2005, respectively, resulting from the sale of OFC Capital. The leased asset portfolio and the note receivable are carried at the net book value. | 150 | 10K |
5089 | 1,603 | Investments are accounted for using the equity method of accounting if the Company has the ability to exercise significant influence, but not control, over the investee. Significant influence is generally deemed to exist if the Company has an equity ownership in the voting stock of the investee between 20 and 50 percent, although other factors, such as representation on the Board of Directors and the impact of commercial arrangements, are considered in determining whether the equity method of accounting is appropriate. Under the equity method of accounting the investment is carried at cost of acquisition, plus the Company’s equity in undistributed net income since acquisition, less any dividends received since acquisition. | 111 | 10K |
gb_prudential-AR_2009 | 4,631 | Annual Present value premium and of new contribution business Pre-tax newNew business premiums equivalents premiums business | 16 | annual_report |
AegonNV-AR_2018 | 4,497 | Other charges include a loss of USD 110 million (EUR 93 million) related to the divestment of the last substantial block of its life reinsurance business to SCOR Global Life. Under the terms of the agreement, Aegon’s Transamerica life subsidiaries reinsured approximately USD 700 million of liabilities through SCOR Global Life. The transaction covered the last substantial block of life reinsurance business that Transamerica retained after it divested the vast majority of its reinsurance business to SCOR Global Life | 79 | annual_report |
RaiffeisenBankInternationalAG-AR_2020 | 3,002 | Total comprehensive income attributable to the Group (12) 2,747 11,030 2,665 7,430 | 12 | annual_report |
5903 | 1,066 | has taken several measures to manage the impacts of this crisis. The actual and expected impacts of these events and other items are set forth below: | 26 | 10K |
5857 | 556 | Adjusted EBITDA from our Auto & Home segment was $8.7 million for the year ended June 30, 2020, a $0.9 million, or 11%, increase compared to Adjusted EBITDA of $7.8 million for the year ended June 30, 2019. The | 39 | 10K |
HelvetiaHoldingAG-AR_2015 | 2,904 | – BlackRock AG, Zurich, with 5.28 %, of which 4.67 % is held indirectly (previous year: 4.97 %, of which 4.32 % was held indirectly). | 25 | annual_report |
TopdanmarkAS-AR_2017 | 248 | Using Topdanmark’s internal model for non-life risks implies that capital requirements are DKK 700m or lower than if Topdanmark solely applied the standard model for calculating the solvency capital requirement. | 30 | annual_report |
gb_lloyds_banking_grp-AR_2011 | 1,844 | – strengthening risk management culture and capability across the group, together with further embedding of risk objectives in the colleague performance and reward process. | 24 | annual_report |
3878 | 1,676 | For the year-end 2006 loss reserve review, AIG claims staff updated the separate review for accounts with significant exposure to construction defect-related claims in order to assist the actuaries in determining the proper reserve for this exposure. AIG’s actuaries determined that no significant changes in the assumptions were required. Prior accident year loss development in 2006 was adverse by approximately $100 million, a relatively minor amount for this class of business. However, AIG continued to experience adverse development for this class for accident years prior to 2003. | 87 | 10K |
3674 | 2,018 | proceeds from the sale of the securities are reinvested, will generally result in higher net investment income to be included in adjusted operating income in future periods. See “-General Account Investments-Investment Results” for a discussion of current period yields of the Financial Services Businesses. | 44 | 10K |
INGGroepNV-AR_2011 | 2,080 | Changes in the composition of the group –7 1 –7 1 | 11 | annual_report |
68 | 613 | During 1994, AIGFP issued Swiss franc denominated notes, maturing on May 15, 1998 and June 1, 1999 in the amount of Swiss franc 130 million and 61 million, respectively. These notes have an interest rate that is six month Swiss franc LIBOR plus 22 basis points. Interest is payable semi-annually. At December 31, 1994, these notes had a U.S. dollar carrying value of $148.6 million. | 65 | 10K |
StandardLifeAberdeenPLC-AR_2011 | 472 | During the year, we paid the final dividend for 2010 of 8.65p per share, amounting to £197m and the 2011 interim dividend amounting to £106m. The Scrip dividend scheme reduced the cash required to pay the 2010 final dividend from £197m to £105m and the 2011 interim dividend from £106m to £57m. We propose a final dividend of 9.20p per share, making a total of 13.80p (2010: 13.00p). This represents an increase of 6.2%, reflecting the solid progress made during the year. Following the removal of the scrip dividend option, a dividend reinvestment plan (DRIP) scheme has been made available for the final 2011 dividend. We will continue to apply our existing progressive dividend policy taking account of market conditions and our financial performance. | 124 | annual_report |
2300 | 2,073 | On August 20, 2002, in connection with the Citigroup Distribution, the Company established a 401(k) savings plan under which substantially all employees are eligible to participate. Through December 31, 2003, the Company matches employee contributions up to 3% of eligible pay but not more than $1,500 annually. Effective January 1, 2004, the maximum amount of the Company’s match increased to $2,500 annually. The expense related to this plan was $20.3 million and $17.0 million for the years ended December 31, 2003 and 2002, respectively. Prior to the IPO and the Citigroup Distribution, substantially all of the Company’s employees were eligible to participate in a 401(k) savings plan sponsored by Citigroup, for which there was no Company matching contribution for substantially all employees. | 122 | 10K |
fr_axa-AR_2016 | 1,433 | Amortization of VBI increased by €4 million to €-8 million as a result of unfavorable fi nancial assumptions update. | 19 | annual_report |
5689 | 1,010 | Comprised of publicly-traded common stocks. Valuation is based on unadjusted quoted prices for identical assets in active markets that Atlas can access. | 22 | 10K |
HannoverRueckSE-AR_2014 | 2,658 | Projected benefit obligations at 31 December of the financial year 187,034 129,602 | 12 | annual_report |
PosteItalianeSpA-AR_2016 | 2,444 | The net movement in technical provisions for the insurance business and other claims expenses primarily includes: • claims paid, policies redeemed and the related expenses incurred by Poste Vita SpA during the period, totalling €7,682 million; • the change in mathematical provisions, totalling €14,325 million, reflecting increased obligations to policyholder; • the decrease in technical provisions where investment risk is transferred to policyholders (so-called class D), totalling €319 million. | 69 | annual_report |
AegonNV-AR_2009 | 4,570 | Share options and share appreciation rights and interests in AEGON N.V. held by active members of the Executive Board | 19 | annual_report |
fr_axa-AR_1999 | 5,458 | Persistency Measurement of insurance policies remaining in force from yearto -year. | 11 | annual_report |
4911 | 1,298 | The following table presents Personal Insurance net premiums written by major line of business: | 14 | 10K |
5770 | 1,658 | Assets in Level 1 include actively-traded U.S. government bonds and exchange-listed equity securities. A relatively small portion of the Company’s investment assets are classified in this category given the narrow definition of Level 1 and the Company’s investment asset strategy to maximize investment returns. | 44 | 10K |
ScorSE-AR_2020 | 1,238 | 02REPORT ON CORPORATE GOVERNANCE Corporate Governance principles, Shareholders’ Meetings, Board of Directors, Executive Committee, employees, and information required by Article L. 22-10-11 of the French Commercial Code 2.1.4.6. THE CRISIS MANAGEMENT COMMITTEE | 32 | annual_report |
4437 | 2,009 | We also have subsidiaries in Ireland, the United Kingdom (U.K.) and Brazil. Our Ireland insurance subsidiary with branch operations in the U.K. and Australia is subject to a compliance review of the U.K. branch for 2009. Our Ireland reinsurance subsidiary, with a branch in Switzerland and a Brazil marketing subsidiary, was audited by Ireland and Switzerland taxing authorities through 2009 with no significant adjustments. These subsidiaries and branches generally remain subject to examination in all applicable jurisdictions for tax years 2007 through 2011. | 83 | 10K |
1276 | 398 | The consolidated financial statements include the accounts of Mercury General Corporation (the Company or MGC) and its wholly-owned subsidiaries, Mercury Casualty Company, Mercury Insurance Company, California Automobile Insurance Company, California General Underwriters Insurance Company, Inc., Mercury Insurance Company of Georgia, Mercury Insurance Company of Illinois, Mercury Indemnity Company of Georgia, Mercury Indemnity Company of Illinois, American Mercury Insurance Company (AMIC), Cimarron Insurance Company, Inc., AFI Management Company, Inc. (AFIMC), and American Mercury Lloyds Insurance Company (AML). AML is not owned by MGC, but is controlled by MGC through its attorney-in - -fact, AFIMC. American Mercury MGA, Inc. (AMMGA),is a wholly owned subsidiary of AMIC. The 1998 financial statements include the results of Cimarron Insurance Company through June 5, 1998, the date it was sold to an unrelated party. This sale is discussed further in Note 9. Effective October 31, 1999 the financial statements also include Concord Insurance Services, Inc., ("Concord") a Texas insurance agency controlled by MGC. Concord is discussed further in Note 8. All of the subsidiaries as a group, including AML, but excluding AFIMC, AMMGA, and Concord, are referred to as the Insurance Companies. The consolidated financial statements have been prepared in conformity with generally accepted accounting principles (GAAP) which differ in some respects from those filed in reports to insurance regulatory authorities. All significant intercompany balances and transactions have been eliminated. | 224 | 10K |
PosteItalianeSpA-AR_2019 | 533 | most at risk of financial exclusion as a percentage of total new acquisitions | 13 | annual_report |
4862 | 680 | We employ an investment strategy that emphasizes asset quality and considers the durations of fixed maturity securities against anticipated claim payments and expenditures, other liabilities, and capital needs. Our investment portfolio is structured so that investments mature periodically in reasonable relation to current expectations of future claim payments. Currently, we make claim payments from positive cash flow from operations and use excess cash to invest in operations, invest in marketable securities, return capital to our stockholders, and fund growth. | 79 | 10K |
HelvetiaHoldingAG-AR_2017 | 623 | Pre-tax financing costs, CHF million 13.3 13.3 1 Underlying earnings are adjusted for integration costs as well as amortisation of intangible assets, additional depreciation due to the revaluation of interest-bearing securities at market value, and other one-off effects of the acquisitions. “Underlying earnings” is not an IFRS key figure, and therefore was not audited by the Helvetia Group’s statutory auditor. Nonetheless, it is derived from the audited IFRS figures. | 69 | annual_report |
gb_lloyds_banking_grp-AR_2018 | 3,225 | Table 1.10c: Reconciliation between statutory and underlying basis of Retail expected credit loss allowances on drawn balances | 17 | annual_report |
TrygAS-AR_2016 | 1,426 | Other receivables do not contain overdue receivables 16 Reinsurer’s share Impairment test As at 31 December 2016, management performed a test of the carrying amount of total reinsurers’ | 28 | annual_report |
3535 | 549 | The provision for home warranty claims, expressed as a percentage of home warranty operating revenues, was 53.8% in 2007, 50.5% in 2006 and 51.7% in 2005. The increase in the rate from 2007 over 2006 was primarily due to an increase in claims severity. The average cost per claim increased due in part to an increase in the cost of replacing air conditioners with models that met new federal guidelines related to energy efficiency. The decreased rate in 2006 from 2005 was primarily due to a reduction in the average number of claims incurred per contract as well as contract price increases. | 102 | 10K |
1050 | 582 | The decrease in renewal premiums from acquired policies was attributable to a decrease of $3.7 million, or 15.2%, from the policies acquired in the NFIC and AICT acquisition, a decrease of $0.7 million, or 5.3%, from the policies acquired from AII, LHI and DNL, and a decrease of $1.0 million, or 7.9%, from the policies acquired in the FLICA acquisition. | 60 | 10K |
4225 | 3,476 | (a)Represents the amount of other-than-temporary impairment losses recognized in Accumulated other comprehensive loss, which, starting on April 1, 2009, were not included in earnings. Amount includes unrealized gains and losses on impaired securities relating to changes in the value of such securities subsequent to the impairment measurement date. | 48 | 10K |
BeazleyPLC-AR_2015 | 799 | Review of business A more detailed review of the business for the year and a summary of future developments are included in the chairman’s statement, the chief executive’s statement and the financial review. | 33 | annual_report |
NatwestGroupPLC-AR_2019 | 3,778 | Inflation rate swaps 16 909 1,094 13 347 502 Interest rate swaps 57 6,407 2,992 55 8,132 5,362 Currency forwards 9 215 42 10 22 164 Equity and bond call options 1 122 — 1 277 — Equity and bond put options 5 3 1 4 3 1 Other 3 124 13 4 1,027 1,092 | 55 | annual_report |
519 | 249 | Prescription drug service revenues (from the retail and pharmacy network and institutional business) for 1996 of $1,151.7 million increased by $98.2 million, or 9.3% over 1995 and 1995 revenues increased by $161.8 million or 18.2% over 1994. The addition of new customers increased revenues by $182.2 million in 1996. Revenues from existing customers declined by $39.1 million in 1996 due primarily to certain loss contracts canceled by the Company and due to contracts canceled by customers. The Company's joint venture with Allegiance Corporation commenced operations in July, 1996. Under generally accepted accounting principles, joint venture revenue is not consolidated with the Company's revenue. Accordingly, reported prescription drug service revenue from existing (institutional) customers was reduced from 1995 by approximately $44.8 million. The addition of new customers increased revenues by $196.2 million in 1995 over 1994 while revenues from existing customers declined by $34.4 million in 1995 from 1994 due primarily to lost business and price reductions on existing business. | 159 | 10K |
INGGroepNV-AR_2017 | 1,556 | • the report of the Executive Board in the ING Group Annual Report 2017 states those material risks and uncertainties that are relevant to the expectation of ING Groep N.V.’s continuity for the period of twelve months after the preparation of this report. | 43 | annual_report |
SwissLifeHoldingAG-AR_2018 | 1,307 | Employee training on anti-corruption/ethics yes yes yes yes AR, p. 97–99 | 11 | annual_report |
ch_zurich_insurance_group-AR_2015 | 1,299 | The net underwriting result deteriorated by USD 1.9 billion to a loss of USD 1.0 billion, reflected in the 6.7 percentage points deterioration in the combined ratio to 103.6 percent. The loss ratio increased 5.5 percentage points reflecting higher large losses in Global Corporate and certain European countries, the Tianjin port explosion and higher natural catastrophe losses resulting from severe flooding in the UK and Ireland in December. The result also reflects the absence of favorable development of loss reserves established in prior years. The expense ratio increased by 1.2 percentage points. This arose from higher expenses from investments in growth initiatives in all regions and the effect of positive non-recurring items in 2014, as well as higher commissions due to changes in both product and geographic mix for which higher levels of commission apply. | 135 | annual_report |
926 | 381 | Deferred Acquisition Costs. Commissions and other costs of acquiring universal life insurance, variable universal life insurance, unit-linked products, traditional life insurance, annuities and group health insurance which vary with and are primarily related to the production of new business, have been deferred to the extent recoverable. Acquisition costs for universal and variable universal life insurance policies and unit-linked products are being amortized over the lives of the policies in relation to the incidence of estimated gross profits from surrender charges and investment, mortality, and expense margins, and actual realized gain | 90 | 10K |
NatwestGroupPLC-AR_2004 | 1,259 | Other commercial and industrial comprising: Service industries and business activities 57,305 50,772 48,155 Agriculture, forestry and fishing 3,024 3,081 3,026 | 20 | annual_report |
NatixisSA-AR_2006 | 616 | Permanent representative of Banque Populaire Val de France, Vice-Chairman of i-BP (Informatique Banques Populaires) | 14 | annual_report |
AdmiralGroupPLC-AR_2018 | 902 | of staff feel they are offered training or development to further themselves professionally. | 13 | annual_report |
5777 | 1,518 | Elimination of foreign exchange gains (losses) on remeasurement of net premium receivables and loss and LAE reserves that are recognized in net income. | 23 | 10K |
AvivaPLC-AR_2010 | 3,775 | The related parties’ payables are not secured and no guarantees were received in respect thereof. The payables will be settled in accordance with normal credit terms. The directors and key management of the Company are considered to be the same as for the Group. Information on both the Company and Group key management compensation can be found in note 60. | 60 | annual_report |
2958 | 1,261 | On April 29, 2004, Assured Guaranty Ltd. and certain of its subsidiaries entered into a $250.0 million unsecured credit facility (“$250.0 million credit facility”), with a syndicate of banks, for which ABN AMRO Incorporated and Bank of America, N.A. acted as co-arrangers. Each of Assured Guaranty Ltd., AGC and AG (UK), was a party, as borrower. The $250.0 million credit facility was terminated and replaced by the 2005 credit facility discussed above. | 72 | 10K |
1727 | 491 | Cash used in financing activities during 2001 included payments of $81.0 million on debt related items offset by $2.1 million in cash received related to the sale of stock through our employee stock purchase plan. The year 2000 included net proceeds from long-term borrowings (proceeds less payments) of $48.8 million and proceeds of $1.6 million related to the sale of stock through our employee stock purchase plan. | 67 | 10K |
DirectLineInsuranceGroupPLC-AR_2018 | 2,969 | How to avoid share fraud – Remember that FCA-authorised firms are unlikely to contact you unexpectedly offering to buy or sell shares; – Do not converse with them. Note the name of the person and firm contacting you, then end the call; – To see if the person and firm contacting you are authorised by the FCA, check the Financial Services Register at www.fca.org.uk; – Beware of fraudsters claiming to be from an authorised firm; copying its website; or giving you false contact details; – If you want to phone the caller back, use the firm’s contact details listed on the Financial Services Register at www.fca.org.uk; – If the firm does not have contact details on the Register or they tell you the details are out of date, call the FCA on 0800 111 6768; – Search the list of unauthorised firms to avoid at www.fca.org.uk/consumers/scams; – Remember that if you buy or sell shares from an unauthorised firm, you cannot access the Financial Ombudsman Service or Financial Services Compensation Scheme; – Get independent financial and professional advice before handing over any money, and | 184 | annual_report |
4230 | 1,393 | The individual life and group life and disability markets are mature and, due to the large number of competitors, competition is driven mainly by price and service. The economy has exacerbated pressure on pricing, creating an even greater challenge of maintaining pricing discipline. This has negatively impacted our individual life sales, in an industry which has shifted toward non-proprietary distribution channels, which are more price sensitive than proprietary distribution channels. For group products, rate guarantees have become the industry norm, with rate guarantee durations trending upward as a general industry practice. There is also an increased demand from clients for bundling of products and services to streamline administration and save costs by dealing with fewer carriers. As employers are attempting to control costs and shift benefit decisions and funding to employees, who continue to value benefits offered in the workplace, employee-pay (voluntary) product offerings and services are becoming increasingly important in the group market. Industry sales of voluntary products, as well as our own, were up again in 2010 despite the economic downturn. | 173 | 10K |
1640 | 253 | Pre-tax operating income for the variable segment increased 349.1% to $5.5 million in 2001 and decreased 23.6% to $1.2 million in 2000. The increase in pre-tax operating income in 2001 is generally attributable to an increase in the volume of business in force, favorable mortality experience and a decrease in expenses. During 2001, amortization of deferred policy acquisition costs was reduced by $1.5 million due to changes in lapse rate, expense and other assumptions used to calculate the deferred policy acquisition cost asset. In addition, expenses were reduced by $1.0 million in 2001 as a result of the recovery of certain royalty fees as discussed above. Operating revenues increased 11.9% in 2001, due to growth in the volume of business in force. Death benefits in excess of related account values on variable universal life policies increased 9.9% to $6.0 million for 2001. Profitability of this line of business is expected to increase as the volume of business grows. | 158 | 10K |
5865 | 525 | Premiums are earned ratably over the term of the underlying policy. Net premiums earned decreased 100.0%, or $110.2 million from 2019. The change is due to the deconsolidation of the ASI Pool Companies. | 33 | 10K |
NatixisSA-AR_2020 | 677 | Summary table of the Board of Directors 2.1.2 at December 31, 2020 | 12 | annual_report |
PosteItalianeSpA-AR_2019 | 4,231 | Accumulated impairments at 31 December 2019 amount to €37 million, almost entirely transferred to policyholders using the shadow accounting method (at 31 December 2018, impairments amounted to €41 million, almost entirely transferred to policyholders using the shadow accounting method). | 39 | annual_report |
5281 | 2,097 | Annuity policy charges and other miscellaneous income, which consist primarily of surrender charges, amortization of deferred upfront policy charges (unearned revenue) and income from sales of real estate were $13 million in the fourth quarter of 2016 compared to $11 million in the fourth quarter of 2015, an increase of $2 million (18%). The fourth quarter of 2016 includes gains of $2 million from the sale of real estate. Excluding the impact of unlocking charges related to unearned revenue, annuity policy charges and other miscellaneous income as a percentage of average fixed annuity benefits accumulated were 0.15% in both the fourth quarter of 2016 and 2015. | 106 | 10K |
4933 | 564 | The low market interest rate environment continues to impact our investment yields as well as the interest we credit on our interest sensitive products. Interest rates remained low during 2014, as the benchmark 10 year U.S. Treasury yield declined during the year, offsetting moderate increases in overall credit spreads and placing further strain on available investment yields. Our average investment portfolio yield declined during 2014 as yields on new acquisitions were generally lower than the average portfolio yield. As a result we proactively reduced customer crediting rates on certain annuity and universal life products. Low crediting rates pose challenges to maintaining attractive annuity and universal life products, although our rates are comparable to other insurance companies, allowing us to maintain our competitive position within the market. We continue to reassess the future profitability of our interest sensitive products as future profit expectations impact the valuation of deferred policy acquisition costs. During 2014 we unlocked our profitability assumptions to reflect the expectation of lower earned spread rates, primarily driven by the expected continuation of low market interest rates. We have, however, experienced an increase in the fair value of our fixed maturity security portfolio during 2014 due to declining market yields. See the segment discussion and “Financial Condition” section that follows for additional information regarding the impact of low market interest rates on our business. | 224 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2003 | 2,332 | Fixed-interest securities which the company has the intention and ability to hold to maturity. They are valued at � amortised cost. | 21 | annual_report |
5452 | 4,301 | All reimbursements are made on an actual cost basis and do not include a profit component. We record these reimbursements as receivables from the Exchange and its subsidiaries with a corresponding reduction to our expenses. Reimbursements are settled on a monthly basis. The amounts incurred on behalf of the Exchange and its subsidiaries were as follows for the years ended December 31: | 62 | 10K |
3725 | 1,006 | SFAS 123R requires companies to estimate the fair value of stock-based awards on the date of grant using an option-pricing model. The portion of the value that is ultimately expected to vest is recognized as expense over the requisite service period. As stock-based compensation expense recognized in our consolidated statements of income for fiscal years 2008, 2007 and 2006 is based on awards ultimately expected to vest, it has been reduced for estimated forfeitures. SFAS 123R requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. | 100 | 10K |
3464 | 7,595 | Changes in investment income reflect fluctuations in market rates and changes in average invested assets. The increase in investment income for 2007 and 2006 reflects increases of $1.1 billion (7%) in average cash and investments in each year compared to the prior year. AFG's yield on fixed income securities, excluding realized gains, was approximately 5.8% in 2007 and 2006 and 5.7% in 2005. | 63 | 10K |
4419 | 2,741 | In May 2011, the FASB issued new accounting guidance for fair value measurements. This new accounting guidance clarifies existing fair value measurement requirements and changes certain fair value measurement principles and disclosure requirements that will be effective for us on January 1, 2012. We do not expect the adoption of this accounting guidance to have a material impact on our consolidated financial statements. | 63 | 10K |
5348 | 928 | Effective July 1, 2017, we decreased the quota share ceding rate in our personal lines quota share treaty from 40% to 20%. The Cut-off of this treaty on July 1, 2017 resulted in a $7,140,000 return of unearned premiums from our reinsurers that were previously ceded under the expiring personal lines quota share treaty. | 54 | 10K |
4014 | 1,059 | liabilities" on the consolidated balance sheet, and "ceded unearned premium reserve." The table below illustrates the purchase accounting effect on AGMH's historical financial guaranty insurance balances: | 26 | 10K |
INGGroepNV-AR_2017 | 1,821 | Remuneration Supervisory Board Supervisory Board remuneration policy The remuneration policy for the Supervisory Board, as approved at the AGM on 25 April 2016, aims to: • Provide a simple and transparent structure • Bring remuneration levels in line with peers and with levels adequate to attract qualified (international) Supervisory | 49 | annual_report |
PhoenixGroupHoldingsPLC-AR_2011 | 1,690 | The valuation has been based on an assessment of the liabilities of the PGL Pension Scheme as at 31 December 2011, undertaken by independent qualified actuaries. | 26 | annual_report |
NatixisSA-AR_2019 | 10,509 | The first level will rank clients in a risk category based on the context in which they do business, the maturity ofV their ESR risk management system, any controversies to which they may be exposed and the type of business relationship they maintain with Natixis. | 45 | annual_report |
2331 | 676 | Global structured finance GPW increased 2% in 2003, to $436 million from $426 million last year, resulting from an increase in non-U.S. business. In 2003, installments received from business written in prior years increased 10% when compared with 2002. NPW for 2003 increased 4% due to the increase in non-U.S. business activity coupled with a lower cession rate on that business. The cession rate on global structured finance business was 28%, which declined from the 30% cession rate in 2002. The lower growth in premiums written when compared to 2002 growth was a result of the Company insuring fewer mortgage and consumer asset-backed transactions due to generally unattractive market pricing and credit terms in those sectors. In 2003, global structured finance | 121 | 10K |
LloydsBankingGroupPLC-AR_2009 | 4,026 | The Group’s contractual rights to benefits from providing investment management services in relation to non-participating investment contracts acquired in business combinations and portfolio transfers is measured at fair value at the date of acquisition. The resulting asset is amortised over the estimated lives of the contracts. At each reporting date an assessment is made to determine if there is any indication of impairment. Where impairment exists, the carrying value of the asset is reduced to its recoverable amount and the impairment loss recognised in the income statement. | 87 | annual_report |
AvivaPLC-AR_2007 | 3,736 | Summarised consolidated balance sheet – EEV basis As at 31 December 2007 | 12 | annual_report |
NatixisSA-AR_2020 | 11,787 | Shareholders are asked to renew for a period of 18 months, the authorization to buy back shares granted to the Board of Directors, it being recalled that the maximum share price may not exceed ten (10) euros per share (price unchanged since the Annual General Shareholders' Meeting of May 19, 2015). | 51 | annual_report |
AegonNV-AR_2012 | 2,861 | Movements in foreign currency translation and net foreign investment hedging reserves - - - (116) - (116) - (116) | 19 | annual_report |
4081 | 518 | Net Investment Income in the Life and Health Insurance segment increased by $63.2 million for the year ended December 31, 2009, compared to the same period in 2008, due primarily to higher net investment income from Equity Method Limited Liability Investments and $5.4 million of net investment income from Primesco in the first quarter of 2009 with no corresponding amount in same period in 2008, partially offset by lower net investment income from investments in fixed maturities and short-term investments due in part to lower volume resulting from extraordinary dividends paid by Unitrin’s Subsidiaries, Union National Life and Reliable, to Unitrin and certain other intercompany transactions in 2009. The Life and Health Insurance segment reported net investment income of $31.6 from Equity Method Limited Liability Investments for the year ended December 31, 2009, compared to net investment losses of $38.3 million for the same period in 2008. | 147 | 10K |
AvivaPLC-AR_2001 | 648 | Long-term business operating profit before amortisation of acquired additional value of in-force long-term business, amortisation of goodwill on associated 1,940 undertakings and exceptional items (3a) 1,203 1,190 Amortisation of acquired additional value of in-force long-term business | 36 | annual_report |
AegonNV-AR_2017 | 1,648 | compared with 2015. Annualized operating expenses as a percentage of average assets under management remained in 2016 stable compared with 2015 at 13 basis points. | 25 | annual_report |
SwissReAG-AR_2015 | 222 | Smart analytics, for example, is one of the trends that can help us find hidden patterns in data sets that once seemed unfathomably extensive and complex. | 26 | annual_report |
4830 | 561 | Reversal of cumulative unrealized fair value gain or loss of life insurance policies. | 13 | 10K |
gb_prudential-AR_2012 | 1,395 | Meetings The Committee meets at least twice a year to consider the Board composition and membership of the principal Committees and to consider the suitability of all directors standing for re-election at the AGM. In addition, the Committee meets to consider candidates for appointment to the Board. The Group Chief Executive is closely involved in the work of the Committee and is invited to attend and contribute to meetings. By invitation, the Group HR Director also attends the meetings. | 79 | annual_report |
de_allianz-AR_2015 | 2,821 | During the year ended 31 December 2015, the defined benefit costs related to post-retirement health benefits amounted to € 1 mn (2014: € – mn). | 25 | annual_report |
5376 | 1,724 | Corporate segment operating expenses for the years ended December 31, 2017 and 2016, respectively, were comprised as follows: | 18 | 10K |
2065 | 339 | Realized capital gains, after the transfer to the IMR, increased $67.2 million for the year ended December 31, 2002. This increase is primarily due to increased mark to market adjustments for derivative instruments, partially offset by higher credit related losses from the sale of bonds. The increase in 2001 realized capital losses after transfers to the IMR, is primarily attributable to credit related losses from the sale of bonds. | 69 | 10K |
NatixisSA-AR_2009 | 7,531 | In addition to developments of the mechanism, audit teams have been particularly in demand, in the context of the current fi nancial crisis, due to the requirements for strengthened controls. | 30 | annual_report |
2051 | 309 | Underwriting expenses were $27.2 million for the year ended December 31, 2002, an increase of $3.9 million, or 16.6% compared to 2001. The underwriting expense ratio was 18.3% for the year ended December 31, 2002, compared to 19.5% for 2001. Commission expense, a component of overall underwriting expense, for the year ended December 31, 2002 was $12.8 million compared with $8.9 million for 2001. The decrease in the medical professional liability underwriting expense ratio was primarily the result of holding underwriting salaries and other 2002 employee costs relatively constant with 2001, while net premiums earned increased 24.2% during the year ended December 31, 2002, as compared to 2001. | 108 | 10K |
1692 | 466 | Loss and loss expense ratio .......... 138.8% 71.5% 76.1% Underwriting expense ratio ........... 36.8% 37.7% 35.9% ------------------------------- Combined ratio ....................... 175.6% 109.2% 112.0% =============================== | 24 | 10K |
ASRNederlandNV-AR_2015 | 1,111 | Total equity attributable to shareholders 3,033 642 - 3,675 Equity attributable to holders of equity instruments -18 - - -18 | 20 | annual_report |
gb_lloyds_banking_grp-AR_2019 | 7,507 | In compliance with Section 409 of the Companies Act 2006, the following comprises a list of all related undertakings of the Group, as at 31 December 2019. The list includes each undertaking’s registered office and the percentage of the class(es) of shares held by the Group. All shares held are ordinary shares unless indicated otherwise in the notes. | 58 | annual_report |
nl_ing_grp-AR_2016 | 3,630 | Special items –63 –957 –1,021 1 Amounts are adjusted for comparison purposes. Czech Republic, previously fully reported within Wholesale Banking Rest of the World is now reported under Other | 29 | annual_report |
1705 | 229 | Investments consist of diversified issuers and issues, and as of December 31, 2001, approximately 88.7% and 4.8% of the total invested assets (total investments plus cash equivalents) on a cost basis consisted of investments in fixed maturity and equity securities, respectively, versus 84.2% and 5.2%, respectively, at December 31, 2000. | 50 | 10K |
fr_axa-AR_2002 | 3,296 | Commentaries NET INCOME Net income for the fiscal year ended December 31, 2002 was €1,066 million, versus €1,620 million for the year ended | 23 | annual_report |
StandardLifeAberdeenPLC-AR_2013 | 2,712 | Non-participating insurance contract liabilities (99) 93 (7) 8 - - (1) 1 | 12 | annual_report |
4868 | 1,622 | lower earnings in the annuity segment resulting from the impact of changes in interest rates and the stock market on the fair value accounting for fixed-indexed annuities, and | 28 | 10K |
5194 | 548 | Third-party administration fee revenue (“ASO fees”) is recognized monthly when earned and is normally based on annual contracts with the self-insured groups. ASO fees are charged to self-insured employer groups monthly on a per subscriber per month basis. ASO fees also include the administrative fees the Company earns relative to the dental PPO, dental indemnity and vision products that are underwritten by third-party insurance carriers. | 65 | 10K |
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