report_id stringlengths 1 60 | paragraph_nr int64 0 28.3k | text stringlengths 21 14.6k | n_words int64 11 2.31k | filing_type stringclasses 2
values |
|---|---|---|---|---|
fr_axa-AR_2013 | 3,371 | Stock options granted during the year by AXA or any eligible AXA Group’s subsidiaries, to the ten employees, outside management bodies’ members of the Company or of eligible AXA Group’s subsidiaries, who received the highest number of stock options (aggregate information) 789,382 13.81 | 43 | annual_report |
1032 | 193 | On May 4, 1998, the consolidated capitalization of the Company increased by approximately $99.0 million from the sale of FELINE PRIDES(SM) and Trust Preferred securities. The sales of FELINE PRIDES(SM) consisted of 9,350,000 units of Income Prides with a stated amount of $10.00, 1,000,000 units of Growth Prides with a face amount equal to the stated amount, and 1,000,000 units of separate Trust Preferred securities with a stated amount of $10.00. $33.1 million from the sale of these securities was contributed to the Company's subsidiaries, of which, $20.0 million was contributed to the Insurance Subsidiaries. Additionally, $3.1 million was utilized by the Company to buy back its common stock under its stock buy-back program. The Company anticipates using the remaining proceeds for general corporate purposes, which may include acquisitions (including, without limitation, acquisitions of programs or books of business), capital expenditures, additional capital contributions to its subsidiaries and the repurchase by the Company of its common stock. The Company is obligated to make cash distributions, commencing May 4, 1998 through May 15, 2001, at a rate of 7.0% of the stated amount per annum for the Income Prides and the separate Trust Preferred securities and contract adjustment payments at the rate of .50% per annum of the $10.00 stated amount to the holders of the Growth Prides. | 217 | 10K |
fr_axa-AR_2007 | 571 | AXA announced on June 14, 2006, that it had entered into a definitive agreement with Crédit Suisse Group under which AXA would acquire 100% of Winterthur for CHF12.3 billion (€7.9 billion) paid in cash. In addition, AXA refinanced CHF1.1 billion (€0.7 billion) of internal loans redeemed to Crédit Suisse as of the closing date. AXA secured the total financing of the acquisition of Winterthur through: — €4.1 billion capital increase resulting in the issue of 208,265,897 new shares, — €3.8 billion of perpetual deeply subordinated note issues, — €0.7 billion financed through internal resources. | 94 | annual_report |
1542 | 1,015 | Under reinsurance accounting, the excess of the liability recorded for sales practices losses recoverable under the agreements of $550 million over the premium paid of $529 million resulted in a deferred gain of $21 million which was amortized into income over the settlement period from January 1999 through April 2000. Under deposit accounting, the premium would be recorded as an other asset rather than as an expense, and the reinsurance loss recoverable and the deferred gain would not have been recorded. Because the agreements also contain an experience fund which increases with the passage of time, the increase in the experience fund in 1999 and 2000 under deposit accounting would be recognized as interest income in an amount approximately equal to the deferred gain that was amortized into income under reinsurance accounting. | 132 | 10K |
ScorSE-AR_2012 | 5,840 | through its periodic missions the Group Internal Audit Department assesses the internal control system and its roll-out in accordance with its risk-based audit planning. An insufficient level of maturity or quality requires an action plan to be established. | 39 | annual_report |
5855 | 1,597 | Total gains and losses included in Shareholders’ net income in the tables above are reflected in the Consolidated Statements of Income as Net realized investment gains (losses) and Net investment income. | 31 | 10K |
4654 | 1,171 | Our medical care costs include amounts that have been paid by us through the reporting date, as well as estimated liabilities for medical care costs incurred but not paid by us as of the reporting date. Such medical care cost liabilities include, among other items, unpaid fee-for-service claims, capitation payments owed providers, unpaid pharmacy invoices, and various medically related | 59 | 10K |
140 | 284 | against prior year returns. These non-life losses will be available for carryforward in future years. However, the "change in control" that could result from the issuance of the preferred stock to new investors as discussed below could substantially reduce the Company's ability to utilize its non-life loss carryforwards. | 48 | 10K |
AegonNV-AR_2001 | 389 | Funding agreements are issued to non-tax qualified clients. These are usually perpetual with no stated final maturity and liquidity option. The contract is terminated at the notification of the client; notice provisions range from three months to 13 months in advance of the payout date. | 45 | annual_report |
121 | 236 | Consolidated Statements of Financial Position - December 31, 1994 and 1993. | 11 | 10K |
5095 | 1,470 | In addition, future policy benefits payable include amounts of $205 million at December 31, 2015 and $210 million at December 31, 2014 which are subject to 100% coinsurance agreements as more fully described in Note 19. | 36 | 10K |
158 | 519 | Life insurance assumed represented 0.1 percent of gross life insurance in-force at December 31, 1995 and 1994 and 0.5 percent for 1993, and 0.1 percent of gross premium income for each of the periods ended December 31, 1995, 1994 and 1993. | 41 | 10K |
AegonNV-AR_2017 | 4,674 | Transactions in 2017: Sale: 1 transaction, average price EUR 0.11 (1,979) - | 12 | annual_report |
AdmiralGroupPLC-AR_2018 | 214 | “ Our strategy is simple: continue our profitable growth in the UK and take what we know and do well and do it elsewhere.” Henry Engelhardt, CBE – Admiral Co-Founder | 30 | annual_report |
1709 | 704 | Selected financial data is presented below for each business segment for the year ended December 31 (in thousands): | 18 | 10K |
1657 | 2,275 | from both company specific and industry data, as well as general economic | 12 | 10K |
2895 | 2,274 | The investment securities in an unrealized loss position as of December 31, 2005 consist of 2,502 securities accounting for unrealized losses of $472 million. Of these unrealized losses 87% are investment grade (rated AAA through BBB-) and 92% are less than 20% below cost. The amount of the unrealized loss on these securities is primarily attributable to increases in interest rates and changes in credit spreads. | 66 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2014 | 828 | Ogrodowa-Inwestycje Sp. z o.o. (Ogrodowa-Inwestycje) is the owner of the City-Gate office building (ul. Ogrodowa 58, Warsaw). In 2014, it leased three leisure centres from | 25 | annual_report |
5231 | 2,008 | For the year ended December 31, 2015, the decrease in valuation allowance was $8.8, of which a decrease of $13.7 and an increase of $4.9 were allocated to continuing operations and Additional paid-in capital, respectively. With respect to the 2015 amount allocated to continuing operations, the decrease was mostly due to the impact of state law changes on certain state deferred tax assets subject to valuation allowance. | 67 | 10K |
4693 | 963 | Recoverability testing is performed for current issue year products to determine if gross revenues are sufficient to cover DAC, VOBA and DSI estimated benefits and expenses. In subsequent years, the Company performs testing to assess the recoverability of DAC, VOBA and DSI on an annual basis, or more frequently if circumstances indicate a potential loss recognition issue exists. If DAC, VOBA or DSI are not deemed recoverable from future gross profits, changes will be applied against the DAC, VOBA or DSI balances before an additional reserve is established. | 88 | 10K |
5894 | 265 | The assessment of whether a decline in fair value is considered temporary or other-than-temporary includes management’s judgment as to the financial position and future prospects of the entity issuing the security. It is not possible to accurately predict when it may be determined that a specific security will become impaired. Future adverse changes in market conditions, poor operating results of underlying fixed maturity investments and defaults on interest and principal payments could result in losses or an inability to recover the current carrying value of the fixed maturity investments, thereby possibly requiring an impairment charge in the future. | 98 | 10K |
fr_axa-AR_2000 | 3,011 | Net investment results exclude the net investment income and realized and unrealized gains and losses on separate account (unit linked) assets that are reflected as a change in the separate account (unit linked) liabilities. | 34 | annual_report |
NatixisSA-AR_2013 | 3,569 | (4) Of which -€675 million concerning the change in capital of the Local Savings Companies and the Sociétés de Caution Mutuelle. Under the sale of the cooperative investment certifi cates (CCIs) to the Caisses d’Epargne and Banque Populaire banks, the Sociétés Locales d’Epargne and Sociétés de Caution Mutuelle were deconsolidated on January 1, 2013. | 54 | annual_report |
4832 | 1,684 | 2013 vs. 2012: The 63.9% increase reflects increased returns from our U.S. homeowners affiliate and income from new strategic operating affiliates in 2013. | 23 | 10K |
444 | 477 | See Note 10 to the Consolidated Financial Statements in the Annual Report for a description of the long-term debt and aggregate maturities for 1997 to 2001 and thereafter. | 28 | 10K |
CNPAssurancesSA-AR_2011 | 434 | (FFSA*), net outflows increased with every passing month, from €300 million in August to an alarming €3.8 billion in December. This was an unprecedented reversal in the market, which nevertheless reported positive net new money of €7.6 billion for the year as a whole and technical reserves up €22 billion to €1,362 billion at the end of 2011. | 58 | annual_report |
3161 | 711 | Hurricane Katrina. As of December 31, 2006, FGIC had Katrina-related net reserves of $8.7 million, representing a $11.4 million decrease from December 31, 2005 in net reserves related to credits affected by Hurricane Katrina. FGIC’s loss reserve will likely be adjusted in the future as additional information concerning such credits becomes available. Any such adjustments may have a material impact on the results of operations of and our equity in earnings from FGIC Corporation. As of December 31, 2006, RAM Re had $26.6 million of par amount of exposure on its watch list related to exposures affected by Hurricane Katrina. We cannot predict whether FGIC or RAM Re will ultimately incur losses or will record additional reserves in the future as a result of Hurricane Katrina. | 126 | 10K |
HelvetiaHoldingAG-AR_2008 | 289 | Helvetia’s compensation systems as well as the employee benefits programmes, some of which can be optimised at an individual level, have proved themselves; they are correct and fair, balanced and competitive. | 31 | annual_report |
4105 | 1,463 | Liquidity risk is inherent in much of MLLIC businesses. Each asset purchased and liability sold has liquidity characteristics that are unique. Some liabilities are surrenderable while some assets, such as private placements, mortgages loans and limited partnerships have low liquidity. If MLLIC requires significant amounts of cash on short notice in excess of normal cash requirements, MLLIC may have difficulty selling these investments at attractive prices, in a timely manner or both. | 72 | 10K |
2601 | 1,114 | If the sale of Standard Life is not completed, we could be materially adversely affected. We would be forced to determine whether to attempt to sell the financial services business again, continue to operate the financial services business or explore another strategic alternative. If we try to sell the financial services business, we would need to expend significant time and resources that would otherwise be used to operate the health services business and we would likely have to sell the financial services business on terms that could be less favorable to us than the terms currently being offered by Capital Assurance. In addition, if we were to engage in some form of alternative transaction, there could be no assurance that it would not be significantly dilutive to shareholders. | 128 | 10K |
fr_axa-AR_2004 | 2,666 | Other derivatives instruments on financial assets (1) 148 209 187 431 335 640 Macro hedge and speculative derivatives on financial assets (143) 481 165 (111) 22 370 | 27 | annual_report |
4721 | 1,248 | Medicaid - membership increased by approximately 136,000 mainly from membership growth in Florida, membership growth in our Kentucky Medicaid program following its launch in the fourth quarter of 2011 and subsequent open enrollment in November 2012, and membership growth in our Hawaii Medicaid program due to our participation in Hawaii's QUEST program beginning in July 2012. Our Kentucky Medicaid membership increased from 129,000 at December 31, 2011 to 207,000 at December 31, 2012. Kentucky membership also increased due to retroactive member re-assignments. | 82 | 10K |
4984 | 1,316 | Securities designated as trading securities are reported at fair value, with gains or losses resulting from changes in fair value recognized in net investment income on the Consolidated Statements of Operations. Trading securities include exchange traded equities and exchange traded options. Trading securities carried as liabilities are securities sold short. A gain, limited to the price at which the security was sold short, or a loss, potentially unlimited in size, will be recognized upon the termination of the short sale. The fair value of derivatives included in trading security assets and trading security liabilities as of December 31, 2014 was $6,250 and $(23,853), respectively. The fair value of derivatives included in trading security assets and trading security liabilities as of December 31, 2013 was $194,000 and $(353,907), respectively. The derivatives held by the Company are for income generation purposes only. | 140 | 10K |
3944 | 7,077 | Incurred losses and LAE increased by 31.1% to $501.9 million for 2007 compared to $382.8 million for 2006. The segment loss ratio increased by 9.2 points, principally due to an increase in the catastrophe loss ratio by 6.1 points. In 2007, catastrophe losses included Tabasco, Mexico floods, New South Wales storm, Peruvian earthquake, Hurricane Dean, and Jakarta flood. In addition, the reduction in favorable reserve development, year over year, accounted for the increase in the segment loss ratio in 2007 compared to 2006. | 83 | 10K |
1983 | 1,179 | In March 2000, the Financial Accounting Standards Board (“FASB”) Interpretation No. 44, Accounting for Certain Transactions Involving Stock Compensation (“FIN 44”), was issued. FIN 44 clarifies the application of APB 25 for certain issues. The Company adopted the provisions of FIN 44 in 2000. The adoption of the interpretation did not have a material effect on the Company’s consolidated financial statements. | 61 | 10K |
SwissReAG-AR_2002 | 732 | c. Procedure and conditions for cancelling statutory voting-right restrictions As there are no voting-right restrictions, there is neither a procedure nor a condition for their cancellation. | 26 | annual_report |
2771 | 2,338 | The application of certain of these critical accounting policies to the years ended December 31, 2005 and 2004 is discussed in greater detail below. | 24 | 10K |
5714 | 1,349 | From time to time, we assume insurance from other companies. Any costs associated with the assumption of insurance are amortized consistent with the method used to amortize deferred acquisition costs. Reinsurance premiums assumed totaled $25.1 million, $28.0 million and $30.4 million in 2019, 2018 and 2017, respectively. Insurance policy benefits related to reinsurance assumed totaled $36.4 million, $36.4 million and $44.7 million in 2019, 2018 and 2017, respectively. | 68 | 10K |
5938 | 948 | As a result, any references to class A common shares or class B common shares after the Effective Time refer to Global Indemnity Group, LLC class A common shares or class B common shares and any references to class A common shares or class B common shares prior to the Effective Time refers to Global Indemnity Limited A ordinary shares or B ordinary shares. | 64 | 10K |
NatixisSA-AR_2005 | 2,663 | At December 31, 2005, in accordance with IAS 32 and IAS 39,“Impairment of individual receivables” included securities classified as loans and advances. | 22 | annual_report |
SwissReAG-AR_2017 | 3,287 | Weather contracts –41 –35 Proprietary Option Model Risk margin 8%–11% (10.9%) Correlation –69%–52% (–53.1%) Volatility (power/gas) 27%–110% (98.2%) Volatility (temperature) 146–467 (199) HDD/CAT2 Index value (temperature) 1769–4159 (3638) | 28 | annual_report |
AegonNV-AR_2010 | 4,869 | The statements contained in this Annual Report that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, is confident, will, and similar expressions as they relate to AEGON. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. We undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. | 119 | annual_report |
797 | 594 | Income tax expense (benefit) is included in the financial statements as follows for the years ended December 31: | 18 | 10K |
fr_axa-AR_2007 | 831 | fees & revenues increased by €160 million to €1,792 million. On a constant exchange rate basis, fees & revenues increased by €322 million (+20%), mainly due to higher fees earned on separate account business resulting from positive net cash flows, the impact of the market appreciation on separate account balances and higher fee structure. | 54 | annual_report |
ScorSE-AR_2016 | 3,396 | Funded or partially funded obligation as at December 31 371 90 181 100 354 89 158 107 303 84 124 95 | 21 | annual_report |
SwissLifeHoldingAG-AR_2011 | 1,953 | For 2008, 2009 and 2010, a share-based payment programme was established which gives the members of the Corporate Executive Board and other senior management members of the Swiss Life Group the right to receive a certain number of Swiss Life Holding shares (performance share units, PSUs) after three years of service if certain conditions are fulfilled. The number of the shares allocated depends on two criteria. One criterion is the performance of the share price of the Swiss Life Holding share during the vesting period of three years. The other criterion is the performance of the share price of the Swiss Life Holding share during the vesting period of three years compared to the performance of the Dow Jones STOXX 600 Insurance Index. For the PSUs issued in 2010, a maximum possible factor of 2.0 applies. For the PSUs issued in 2008 and 2009, the maximum possible factor is 1.5. No minimum possible factor is applied in 2008, 2009 and 2010 so that the number of PSUs could drop to zero after three years. | 174 | annual_report |
5433 | 1,057 | In January 2018, our Pennsylvania subsidiary, Pennsylvania Health & Wellness, began serving enrollees in the Community HealthChoices program. Contract commencement dates vary by zone and will be fully implemented statewide by January 2020. | 33 | 10K |
2864 | 811 | As of December 31, 2005, we have a deferred tax asset for net operating loss carryforwards totaling $21,910,000, all of which was acquired as part of our purchase of American Indemnity Financial Corporation. These net operating loss carryforwards expire from 2009 through 2018, of which carryforwards of $11,085,000 expire from 2009 through 2011. We are required to establish a valuation allowance for any portion of the gross deferred tax asset that we believe may not be realized. At December 31, 2005, we recorded a valuation allowance of $7,290,000, which relates to those net operating loss carryforwards that can only be used to offset future income of the property and casualty insurance segment. As we have determined that the benefit of these net operating losses can be | 126 | 10K |
ch_zurich_insurance_group-AR_2010 | 210 | Corporate Life & Pensions at Global Life provides employers and their employees with efficient savings solutions. | 16 | annual_report |
4447 | 2,330 | Total investments increased since December 31, 2010 primarily due to increases in fixed maturities, AFS, mortgage loans and other investments, partially offset by a decline in equity securities, trading and short-term investments. The increase in fixed maturities, AFS, was largely the result of improved valuations as a result of declining interest rates, partially offset by credit spread widening. The increase in mortgage loans related to the funding of commercial whole loans, and the increase in other investments primarily related to increases in value of derivatives largely due to a decline in the equity market, strengthening of the Japanese yen in comparison to the U.S. dollar and a decline in interest rates. These increases were partially offset by a decline in equity securities, trading, primarily due to deteriorations in market performance of the underlying investments and net outflows, partially offset by the Japanese yen strengthening in comparison to the euro. The decline in short-term investments primarily relates to increased allocations to mortgage loans and limited partnerships and other alternative investments. | 169 | 10K |
279 | 612 | Mr. Friedberg joined the Company on May 23, 1995, when he was appointed Chairman, President & CEO. Prior thereto, he was Chairman, President and CEO of Ranger Insurance Company, Houston, Texas for more than five years. | 36 | 10K |
3679 | 2,708 | U.S. mortgage insurance reporting unit. As a result of current U.S. housing market conditions, recent operating losses and decreases in projected income, current fair value determined using a discounted cash flow model was negatively impacted and resulted in a goodwill impairment of the entire goodwill balance of $22 million; | 49 | 10K |
2235 | 534 | As of December 31, 2003 and 2002, we had goodwill and other intangible assets of $144.4 million and $26.0 million, respectively, net of accumulated amortization. We review our intangible assets with defined lives for impairment whenever events or changes in circumstances indicate we might not recover their carrying value. We assess our goodwill for impairment at least annually. In assessing the recoverability of these assets, we must make assumptions regarding estimated future utility and cash flows and other internal and external factors to determine the fair value of the respective assets. If these estimates or their related assumptions change in the future, we may be required to record impairment charges for these assets. | 113 | 10K |
INGGroepNV-AR_2001 | 1,015 | The printed documents can be ordered via the website, by fax (+31 411 652125) or by mail (P.O. Box 258, 5280 AG Boxtel, The Netherlands). | 25 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013 | 2,058 | The impairment losses reversed are distributed between the following different Group segments: In reinsurance, €1m (2m) is apportionable to life and €1m (2m) to propertycasualty; in primary insurance, €3m (16m) is apportionable to life, €2m (6m) to health and – (€1m) to Munich Health. | 44 | annual_report |
ch_zurich_insurance_group-AR_2018 | 2,442 | Discounted reserves for losses and loss adjustment expenses in USD millions, as of December 31 Gross Ceded Net | 18 | annual_report |
1174 | 978 | The life operations have immaterial currency exposures to the Brazilian Real and Argentine Peso. | 14 | 10K |
4707 | 887 | On September 26, 2013, several new PRC individual investors, namely Wang Yanyan, Chen Zhaohui, Yue Jing, Hou Weizhe, Zhang Yong, Chen Li (“Anhou New Investors”) and the original shareholders of Anhou, namely, Zhu Shuqin, Wei Qun, Fang Qunlei and Chen Yanxia (“Anhou Original Shareholders”) entered into a shareholders resolution of Anhou, pursuant to which, Anhou Original Shareholders and Anhou New Investors agreed to increase the registered capital of Anhou to RMB50 million ($8,165,895), among which, Wang Yanyan would invest RMB10 million ($1,633,179), accounting for 20%, Chen Zhaohui would invest RMB10 million ($1,633,179), accounting for 20%, Yue Jing would invest RMB7.5 million ($1,224,871), accounting for 15%, Hou Weizhe would invest RMB5 million ($816,589), accounting for 10%, Zhang Yong would invest RMB4.5 million ($734,930), accounting for 9%, and Chen Li would invest RMB3 million ($489,949), accounting for 6%, of the registered capital of Anhou. | 142 | 10K |
gb_prudential-AR_2015 | 4,139 | As noted above, the application of the mean reversion formula has the effect of dampening the impact of equity market movements on DAC amortisation while the mean reversion assumption lies within the corridor. In 2016, it would take approximate movements in separate account values of more than either negative 17 per cent or positive 67 per cent for the mean reversion assumption to move outside the corridor. | 67 | annual_report |
LloydsBankingGroupPLC-AR_2016 | 3,002 | 7 Excludes £2.5 billion (31 December 2015: £nil) of repurchase agreements. | 11 | annual_report |
4197 | 811 | the impaired debt security for which an entity asserts that it does not have the intent to sell the security, and it is more likely than not that it will not be required to sell the security before recovery of its cost basis. The effect of adoption was an increase to the amortized cost basis of debt securities that were impaired prior to 2009, net of deferred tax, of $62.0 million. The cumulative effect adjustment had no effect on total shareholders' equity as it increased retained earnings and reduced accumulated other comprehensive income. | 93 | 10K |
LloydsBankingGroupPLC-AR_2020 | 3,058 | The purpose of the Committee is to set the remuneration for all Executive Directors and the Chair, including pension rights and any compensation payments. It recommends and monitors the level and structure of remuneration for senior management and material risk takers. It also considers, agrees and recommends to the Board an overall remuneration policy and philosophy for the Group that is aligned with its long-term business strategy, its business objectives, its risk appetite, purpose and values and the long-term interests of the Group, and recognises the interests of relevant stakeholders, including the wider workforce. The Committee's operation is designed to ensure that no conflicts of interest arise, and in particular, the Committee ensures that no individual is present when matters relating to their own remuneration are discussed. | 127 | annual_report |
1946 | 1,217 | The Company is currently assessing the impact, if any, that the consolidation provisions of FIN 46 may have on the consolidated financial statements. | 23 | 10K |
1321 | 506 | The personal lines SBU 1999 net premiums written remained flat compared with 1998 and included $41 million of direct new business. Although the overall personal lines net premiums written were flat, there were fluctuations within lines and regions. In March 1999, the New Jersey Automobile Insurance Cost Reduction Act ("AICRA") became effective and required a statewide average personal automobile premium reduction of 15%. The implementation of AICRA resulted in a $19 million reduction in voluntary New Jersey automobile premiums. This reduction in New Jersey voluntary premiums was partially offset by an $8 million increase in Urban Enterprise Zone ("UEZ") business. The UEZ program requires New Jersey automobile insurers to write an amount of urban automobile insurance proportionate to their market share, which approximates 3.1% for Selective. The loss ratio on this business tends to be higher than our other personal automobile business. The net reduction in New Jersey automobile premiums was offset by an $11 million increase in net written premiums in our other states. | 165 | 10K |
4513 | 1,246 | subordinated, hybrid, and preferred securities. Hybrid securities represented approximately half of the financial sector gross unrealized losses in 2011. These securities’ prices reflect relatively wide financial sector credit spreads, combined with additional subordination and illiquidity risk premiums. Based on our analysis of each individual issuer’s financial condition, we expect to recover the entire amortized cost. | 55 | 10K |
INGGroepNV-AR_2008 | 2,662 | Stress testing Stress tests are used for the monitoring of market risks under extreme market conditions. Since VaR in general does not produce an estimate of the potential losses that can occur as a result of extreme market movements, ING uses structured stress tests for monitoring the market risk under these extreme conditions. Stress scenarios are based on historical and hypothetical extreme events. The result of the stress testing is an event risk number, which is an estimate of the profit and loss account effect caused by a potential event and its world-wide impact for ING Wholesale Banking. The event risk number for the ING Wholesale Banking trading activity is generated on a weekly basis. Like VaR, event risk is limited by ALCO Bank. The event-risk policy (and its technical implementation) is specific to ING as there is no event risk calculation method that is generally accepted by other banks and regulators (like the Value-at-Risk model). ING’s event risk policy basically consists of defined stress parameters per country and per market (fixed income, equity, foreign exchange, credit and related derivative markets). The scenarios and stress parameters are back-tested against extreme market movements that actually occurred in the markets. The market developments in 2008 will be taken into account in the definition of scenarios and stress parameters during 2009. If and when necessary, ING evaluates specific stress scenarios, as an addition to its structured stress tests. These specific scenarios relate to current concerns, like political instability in certain regions, terrorist attacks or extreme movements in energy prices. | 256 | annual_report |
2976 | 567 | In addition to the risk factors discussed in Part I, Item 1A of this Annual Report on Form 10-K, we have identified a number of key factors and trends related to our business and industry that represent opportunities, challenges, and risks. | 41 | 10K |
gb_lloyds_banking_grp-AR_2013 | 3,471 | Impairment charges decreased by £637 million to £608 million compared to 2012. The impairment charge as an annualised percentage of average loans and advances to customers improved to 3.28 per cent from 5.53 per cent in 2012. | 37 | annual_report |
StorebrandASA-AR_2009 | 3,603 | Storebrand ASA Filipstad Brygge 1 P. O. Box 1380 Vika N-0114 Oslo, Norway www.storebrand.no | 14 | annual_report |
5410 | 743 | Total cash dividends of $277 million were paid during the year ended December 31, 2017. In February 2018, the board of directors approved a quarterly cash dividend of $0.60 per share ($2.40 per share annualized rate), which will be paid on or about April 16, 2018 to shareholders of record as of March 31, 2018. | 55 | 10K |
fr_axa-AR_2014 | 2,029 | Underlying earnings and adjusted earnings increased by €3 million to €4 million, thanks to (i) a decrease in administrative expenses and (ii) a slight improvement in cost of risk. | 29 | annual_report |
5068 | 538 | The following table shows our gross premiums written by line of business for the years ended December 31, 2015 and 2014. | 21 | 10K |
5259 | 1,580 | Syndicate 1729 covers a range of property and casualty insurance and reinsurance lines, and had a maximum underwriting capacity of £90.0 million for the 2016 underwriting year, of which £51.8 million ($63.9 million based on December 31, 2016 exchange rates) is our allocated underwriting capacity. We are required to provide capital (also referred to as FAL) to support our underwriting capacity and are meeting our FAL requirement with investment securities held at Lloyd's. Our FAL securities had a fair value of $97.1 million at December 31, 2016, as discussed in Note 4 of the Notes to Consolidated Financial Statements. | 99 | 10K |
gb_prudential-AR_2003 | 380 | ACCOUNTING POLICIES There has been no change in accounting policies for the preparation of the 2003 results with the exception of the changes for accounting for certain reinsurance contracts as required by changes to the Statement of Recommended Practice (SORP) for accounting for insurance business issued by the Association of British Insurers (ABI) in November 2003. The revised SORP is required practice for 2004, but early adoption is encouraged, which Prudential has chosen so to do. This resulted in a £17 million positive adjustment to the UK modified statutory basis result for | 92 | annual_report |
TrygAS-AR_2008 | 755 | Hansa and If. TrygVesta continued to record the highest overall customer satisfaction score among the Nordic companies. | 17 | annual_report |
SwissLifeHoldingAG-AR_2014 | 2,544 | Swiss life Immo-arlon, Société anonyme, Strassen other 100.0% 100.0% real estate | 11 | annual_report |
4758 | 12,971 | White Mountains also has future binding commitments to fund certain other long-term investments. These commitments, which total approximately $116 million, do not have fixed funding dates and are therefore excluded from the table above. | 34 | 10K |
BaloiseHoldingLtd-AR_2006 | 3,604 | 5.2 Underwriting-Strategie life and nonlife The Baloise Group primarily underwrites insurance risks of private individuals and of small and medium-sized enterprises in selected countries in continental Europe. Industry insurance in the property and liability segments is offered predominantly by Basler Versicherungsgesellschaft in Basel, Switzerland and its branch in Bad Homburg, Germany. Centralized control of the industrial insurance business ensures consistent quality and high transparency of the business underwritten in this particularly high-risk segment. | 73 | annual_report |
StandardLifeAberdeenPLC-AR_2016 | 628 | Our appetite for these risks and how we manage them Our own assessment of current solvency and capital requirements with respect to the risks A forward-looking assessment of the risk and solvency needs of the | 38 | annual_report |
RaiffeisenBankInternationalAG-AR_2007 | 1,093 | At the same time, the tools of internal bank management are continuously adjusted from a risk perspective to the results of validating the rating models, and the identification of portfolio risks is refined. | 33 | annual_report |
gb_prudential-AR_2005 | 3,290 | This type of analysis helps protect profits from changing interest rates. This type of analysis is used in the UK for annuity business and by JNL for its interest-sensitive and fixed index annuities and stable value products. | 37 | annual_report |
4359 | 1,362 | Aon also uses foreign exchange derivatives, typically forward contracts and options, to manage the currency exposure of Aon's global liquidity profile for one year in the future. These derivatives are not accounted for as hedges, and changes in fair value are recorded each period in Other general expenses in the Consolidated Statements of Income. | 54 | 10K |
3737 | 988 | For the most recent incurred months (generally the most recent two months), the percentage of claims paid for claims incurred in those months is generally low. This makes the completion factor methodology less reliable for such months. Therefore, incurred claims for recent months are not projected from historical completion and payment patterns; rather they are projected by estimating the claims expense for those months based on recent claims expense levels and health care trend levels, or “trend factors”. | 78 | 10K |
4960 | 995 | When the Company receives a premium from a customer, it debits the lump sum amount into one bank account and establishes a schedule to keep track of the amount of premium payable to the insurer. At the monthly closing, the Company reclassifies the amount of premium payable to insurers as fiduciary assets. Also, when the Company receives a claim on behalf of a policyholder, it debits fiduciary assets and credits claims payable and other payables, if necessary. The fiduciary asset had a balance of $2,015,759 and $1,936,194 at December 31, 2014 and 2013 respectively. | 94 | 10K |
TrygAS-AR_2017 | 1,040 | The owner-occupied properties were sold in December 2016. Please refer to note 25 Sale of properties. | 16 | annual_report |
2194 | 1,492 | Trading fixed maturities at fair value (amortized cost of $1,434,654 and | 11 | 10K |
NatwestGroupPLC-AR_2009 | 1,901 | Central Eastern Europe, Middle East and Africa 394 74 468 3 589 3 | 13 | annual_report |
TrygAS-AR_2011 | 1,902 | Leasehold improvements are depreciated over the expected economic lifetime, however with a maximum of the term of the lease. | 19 | annual_report |
5952 | 1,327 | Amounts recoverable from reinsurers are recognized in a manner consistent with the loss and LAE liabilities associated with the reinsurance placement and presented on the balance sheet as reinsurance recoverables, and are recorded after an allowance for credit losses. Such balances as of December 31, 2020 and 2019 are presented in the table below: | 54 | 10K |
ch_zurich_insurance_group-AR_2010 | 2,518 | Basic earnings per share is computed by dividing net income attributable to shareholders by the weighted average number of shares outstanding for the year, excluding the weighted average number of shares held as treasury shares and preferred securities. Diluted earnings per share reflects the effect of potentially dilutive shares. | 49 | annual_report |
AdmiralGroupPLC-AR_2009 | 443 | The impact on the Group could be higher than planned losses (and potentially closure costs) and distraction to key management. | 20 | annual_report |
RaiffeisenBankInternationalAG-AR_2020 | 2,008 | Items which are not reclassified to profit or loss 11,184 75,736 | 11 | annual_report |
580 | 289 | At December 31, 1996, AIG had total capital funds of $22.04 billion and total borrowings of $23.52 billion. At that date, $20.10 billion of such borrowings were either not guaranteed by AIG or were matched borrowings under obligations of guaranteed investment agreements (GIAs) or matched notes and bonds payable. | 49 | 10K |
2084 | 1,130 | MARC assumed approximately $294.0 million of liabilities (primarily future policy benefits and claim reserves) and approximately $209.0 million in assets (primarily uncollected premiums and deferred acquisition costs). The net | 29 | 10K |
4369 | 618 | Our losses, loss adjustment expense reserves and deposit liabilities of $183.8 million on a gross basis and $105.3 million on a net basis are our best estimates as of December 31, 2011. The analysis provided by our internal valuation methods indicated that the expected range for the ultimate liability for our losses and loss adjustment expense reserves, as of December 31, 2011, was between $170.7 million and $222.8 million on a gross basis and between $101.8 million and $132.9 million on a net basis. | 84 | 10K |
2335 | 889 | LFD experienced a reduction in net losses in 2002. However, included in LFD’s 2002 net losses were expenses of $5.0 million described in the 2003 to 2002 comparison above. Excluding this expense, LFD’s net losses improved from a combination of increased sales in all of its product categories including life insurance, annuity and investment products and a reduction in fixed operating costs primarily due to lower expenses following two restructuring activities occurring in 2001. | 74 | 10K |
PhoenixGroupHoldingsPLC-AR_2017 | 3,213 | As at the reporting date the Group has no intention to provide financial or other support in relation to any other consolidated structured entity. | 24 | annual_report |
BaloiseHoldingLtd-AR_2016 | 451 | CHANGING THE ORGANISATION. AT ALL LEVELS. Baloise operates in a challenging market with highly volatile parameters� In 2015 this situation prompted the Company’s decision to start concentrating more heavily on growth� So in 2016, the focus in HR was on establishing a culture of growth across the Group� Top-down measures were introduced as a means of driving this cultural shift within the Company, as were initiatives that are being driven from within the organisation itself and accompanying HR programmes� | 79 | annual_report |
LloydsBankingGroupPLC-AR_2004 | 1,035 | ‡ The weighted average number of shares for the year has been calculated after deducting 6 million (2003: 8 million) ordinary shares representing the Group’s holdings of own shares (note 43). | 31 | annual_report |
5582 | 1,573 | The Company is required by general accounting principles for Fair Value Measurements and Disclosures to disclose the fair value of certain financial instruments including those that are not carried at fair value. The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments, which were not measured at fair value on a recurring basis, as of December 31, 2018 and 2017 (dollars in thousands). This table excludes any payables or receivables for collateral under repurchase agreements and other transactions. The estimated fair value of the excluded amount approximates carrying value as they equal the amount of cash collateral received/paid. | 104 | 10K |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.