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ch_zurich_insurance_group-AR_2010 | 2,672 | Zurich Financial Services (now Zurich Financial Services Ltd) was a defendant in putative class-action securities lawsuits relating to its divestiture of its interest in Converium (now Scor Holding (Switzerland) AG). On July 25, 2008, Zurich Financial Services Ltd and the class-action plaintiffs entered into an amended stipulation of settlement that called for a payment of USD 28 million to settle the case in two parts on behalf of all persons and entities who had purchased Converium securities between January 7, 2002 and September 2, 2004: one settlement in the U.S. court, covering all U.S. persons and entities, and all other persons who had purchased Converium securities on U.S. markets, and another settlement in the Amsterdam Court of Appeal, in the Netherlands, covering all non U.S. persons and entities who had purchased Converium securities on non-U.S. markets. The U.S. and Dutch settlements are both subject to court approval and are independent of each other. The U.S. court approved the U.S. settlement on December 12, 2008, and the ruling became final in June 2009. The Dutch settlement papers were filed with the Dutch court on July 9, 2010. | 186 | annual_report |
4013 | 757 | On December 30, 2008, the Company purchased an 8.2% interest in Odyssey common shares, from TIG Insurance Group, Inc., a Fairfax affiliate, for $246,066. As consideration for its investment in Odyssey, the Company released its Fairfax Inc. note (discussed below) of equal fair value. | 44 | 10K |
RSAInsuranceGroupPLC-AR_2018 | 2,098 | Group underlying Return on Tangible Equity (ROTE) 20% 32% 20% 32% | 11 | annual_report |
de_allianz-AR_2016 | 2,144 | Net income attributable to shareholders – basic 6,883 6,616 Effect of potentially dilutive common shares (22) (5) Net income used attributable to shareholders – diluted 6,861 6,611 | 27 | annual_report |
2711 | 1,018 | Generally, for pro-rata or quota share reinsurers, including pool participants, the Company issues quarterly settlement statements for premiums less commissions and paid loss activity, which are expected to be settled within 45 days after the quarter end. The Company has the ability to issue "cash calls" requiring such reinsurers to pay losses whenever paid loss activity ceded to a particular reinsurance treaty exceeds a predetermined amount (generally not more than $1 million) as set forth in the pro-rata treaty. For the Insurance Companies, cash calls must generally be paid within 15 business days. There is no specific settlement period for the Lloyd's Operations cash call provisions but such billings are generally paid within 30 days. | 115 | 10K |
2104 | 1,095 | As of December 31, 2001, the Company's primary internal business divisions were focused on large employer group business, individual and small employer group business, and senior and specialty business. As a result of the January 31, 2002 acquisition of RightCHOICE, the organizational structure of the Company changed effective February 1, 2002. As a result of these changes, the Company has the following two reportable segments: Health Care and Specialty. (See Note 20 to the Consolidated Financial Statements for further discussion.) | 80 | 10K |
4995 | 675 | In May 2014, the FASB issued revenue recognition guidance for entities that either enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards such as insurance contracts or lease contracts. The amendment provides specific steps that an entity should apply in order to achieve its main objective which is recognizing revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. For public entities, this guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, and requires one of two specified retrospective methods of application. Early application is prohibited. Management has not yet determined the impact that the adoption of this guidance will have on the Company’s consolidated financial statements. | 162 | 10K |
5152 | 1,038 | We expanded our lines of business in new directions by acquiring Eastern, a provider of workers' compensation insurance, on January 1, 2014. We have also been a consistent acquirer of other physician insurers, completing four acquisitions between 2009 and 2013 as well as acquiring an agency largely focused on the professional liability needs of allied healthcare providers and an insurer focused on the legal professional liability market. We continue to see new opportunities from each of the acquisitions and believe each will provide organic growth through expansion in their existing markets and relationships. | 93 | 10K |
BaloiseHoldingLtd-AR_2016 | 2,621 | 1 Including shares financed by loans. 2 Net of the discounted dividend right over three years. | 16 | annual_report |
4782 | 1,247 | Increasing competition in the recruiting of new general agents and agents; | 11 | 10K |
gb_prudential-AR_2010 | 2,656 | Mortality The mortality assumptions are set in light of recent population and internal experience. The assumptions used are percentages of standard actuarial mortality tables with an allowance for future mortality improvements. Where annuities have been sold on an enhanced basis to impaired lives an additional age adjustment is made. The percentages of the standard table used are selected according to the source of business. In 2009, Prudential’s annuity business liabilities were determined using the Continuous Mortality Investigation (‘CMI’) medium cohort projections with a floor. In November 2009 a new mortality projection model was released by the CMI. This model is expected to become the new industry standard. The new model has been applied in determining the 2010 results with calibration to reflect an appropriate view of future mortality improvement. In recognition of the trend in assumed mortality improvements the Company has in previous years included margins in its annuity liabilities. In determining the 2010 results the appropriate level of these margins has been reassessed. See note D2 (i) below for the net effect of applying the new model, releases of margin, and changes to other related mortality assumptions. | 188 | annual_report |
PosteItalianeSpA-AR_2019 | 989 | � FS 11 Percentage of assets subject to positive and negative environmental or social screening regarding social/environmental aspects | 18 | annual_report |
PosteItalianeSpA-AR_2020 | 10,500 | Regulation (EU) 596/2014 of the European Parliament and Council of 16 April 2014 relating to market abuse, as well as the indications contained in the Consob Guidelines on the subject. | 30 | annual_report |
SwissReAG-AR_2020 | 850 | Premiums earned 19 275 20 832 8 Combined ratio in % 107.8 109.0 Net operating margin in %2 3.8 0.1 Return on equity in %1 4.4 –2.8 Life & Health Reinsurance Net income attributable to common shareholders 899 71 –92 Gross premiums written 14 452 15 067 4 Premiums earned and fee income 13 004 13 883 7 Net operating margin in %2 10.0 2.9 Return on equity in %1 12.4 0.9 Corporate Solutions Net loss attributable to common shareholders –647 –350 46 Gross premiums written 4 974 4 839 –3 | 91 | annual_report |
HannoverRueckSE-AR_2011 | 2,510 | ing the company. This arrangement does not apply to Board members appointed prior to 1997. | 15 | annual_report |
INGGroepNV-AR_2001 | 1,350 | Joined ING in 1996. F O R M E R P O S I T I O N : President VNO-NCW | 21 | annual_report |
3589 | 978 | Operating revenue in the Corporate segment was $46.3 million in 2007 compared to $60.5 million in 2006 and $61.2 million in 2005. | 22 | 10K |
2877 | 537 | Effective January 1, 2004, liabilities for GMDB, GGU and GMIB benefits have been established under SOP 03-1. Actuarial models to simulate various equity market scenarios are used to project these benefits and contract assessments and include making significant assumptions related to client asset value growth rates, mortality, persistency and investment margins. These assumptions, as well as their periodic review by management, are consistent with those used for DAC purposes. Prior to the adoption of SOP 03-1, amounts paid in excess of contract value were expensed. See the "Recently Issued Accounting Standards" section in Note 1 to the Consolidated Financial Statements for more information about these guaranteed benefits. | 107 | 10K |
3724 | 2,156 | As part of purchase accounting related to the Combined Insurance acquisition, we applied fair value accounting to the future policy benefit reserves acquired. An additional liability resulted primarily as a result of using current interest rates and an adjusted risk margin. We applied this fair value adjustment by essentially “unlocking” the future policy benefit reserves and then “locking in” the new assumptions which will be subject to the same premium deficiency analysis as the original reserves. | 76 | 10K |
2789 | 736 | We analyze our segment results based on pre-tax operating income (loss). Accordingly, income taxes are not allocated to the segments. In addition, operating results are analyzed net of any transactions between the segments. Operating income (loss) represents net income excluding the impact of realized and unrealized gains and losses on investments and changes in net unrealized gains and losses on derivatives. Prior to 2005, operating income included the changes in net unrealized gains and losses on derivatives that were not designated as hedges. The operating results for 2004 and 2003 have been modified to conform to the 2005 presentation. The impact of realized and unrealized gains and losses on investments and unrealized gains and losses on derivatives includes adjustments for income taxes and that portion of amortization of deferred policy acquisition costs, deferred sales inducements, unearned revenue reserve and value of insurance in force acquired attributable to such gains or losses. | 151 | 10K |
SwissLifeHoldingAG-AR_2016 | 2,942 | A sensitivity analysis was performed for each significant actuarial assumption which shows the impact on the defined benefit obligation of changes in the respective actuarial assumptions that were reasonably possible at the balance sheet date. The calculation is done by leaving all other assumptions unchanged (i.e. at their value used in the calculation of the defined benefit obligation implicit in the net defined benefit asset/liability in the consolidated balance sheet as at end of period). In reality, it is unlikely that a change in assumption would happen in isolation. Some assumptions may well be correlated. In addition, the net effect in the consolidated balance sheet would also be driven by the change in the value of the plan assets. | 119 | annual_report |
NatixisSA-AR_2002 | 2,546 | Ho Chi Minh City Natexis Banques Populaires 11, Me Linh Square phuong – Ben Nghe Qi Ho Chi Minh City | 20 | annual_report |
RaiffeisenBankInternationalAG-AR_2008 | 628 | Net new allocations to portfolio-based provisions increased by 266 per cent to € 278 million and therefore more strongly than individual provisions did. That refl ects, in particular, the expectation of rising defaults in 2009 because of the economic situation and currency levels which both started to deteriorate signifi cantly in 2008. Only € 42 million and hence 11 per cent less was allocated to portfolio-based provisions in Central Europe. Most of the portfolio-based provisions were incurred in Southeastern Europe at € 86 million and especially in the CIS at € 151 million. Of that, Russia accounted for € 81 million, and Ukraine for € 70 million. | 107 | annual_report |
320 | 273 | catastrophe losses experienced by the industry in past years had caused the reinsurance market capacity to be limited and more costly. | 21 | 10K |
fr_axa-AR_2010 | 12,225 | (f) Salaried workforce that has left AXA because of an activity/job transfer to an external company. | 16 | annual_report |
RSAInsuranceGroupPLC-AR_2010 | 2,047 | • For cashflow hedges, a forecast transaction that is the subject of the hedge must be highly probable and must present an exposure to variations in cashflows that could ultimately affect profit or loss | 34 | annual_report |
HelvetiaHoldingAG-AR_2018 | 3,055 | Value of new business in % PVNBP 1.7 % 1.8 % | 11 | annual_report |
4704 | 1,198 | Under the universal life insurance guidance, income earned on preneed life insurance policies sold after January 1, 2009 are presented within policy fee income net of policyholder benefits. Under the limited pay insurance guidance, the consideration received on preneed policies sold prior to January 1, 2009 is presented separately as net earned premiums, with policyholder benefits expense being shown separately. | 60 | 10K |
2925 | 1,206 | As a result of these settlements, AIG made payments totaling approximately $1.64 billion, $225 million of which represented fines and penalties. A substantial portion of the money will be available to resolve claims asserted in various regulatory and civil proceedings, including shareholder lawsuits. | 43 | 10K |
AegonNV-AR_2018 | 8,090 | Page 42 (Corporate governance) Page 98 (Statement of Materiality, Significant Audiences and Responsibilities) | 13 | annual_report |
AssicurazioniGeneraliSpA-AR_2019 | 1,836 | The procedures performed on the DNF were based on our professional judgment and included inquiries, primarily with company’s personnel responsible for the preparation of the information included in the DNF, documents analysis, recalculations and other procedures in order to obtain evidences considered appropriate. | 43 | annual_report |
gb_prudential-AR_2015 | 358 | Long-term industry leader — Strong presence in major cities and all 63 provinces | 13 | annual_report |
DirectLineInsuranceGroupPLC-AR_2018 | 673 | – Catastrophe and motor excess of loss reinsurance limits our exposure to events and large losses | 16 | annual_report |
CNPAssurancesSA-AR_2013 | 207 | high quality volume processing At the end of 2013, the 800 members of the CnP Assurances policyholder services team were managing 224 different products and 15.5 million life insurance and individual personal risk contracts. A key means of communicating with policyholders, the annual and half-yearly policy statements require the deployment of considerable resources, particularly as the information to be provided on the statements changes nearly every year as new regulations are introduced. The process is carefully planned and closely managed to limit the operational risks and the costs. Quality certifications help to ensure that the system is secure. The introduction of electronic statements in 2011 has been a promising development because it has helped to improve the service offered to policyholders and partners. in 2013, a total of 18 million policyholder statements were sent out, including 5.2 million by e-mail. | 140 | annual_report |
5484 | 336 | While we obtain pricing from independent pricing services, management is ultimately responsible for determining the fair value measurements for all securities. To ensure fair value measurement is applied consistently and in accordance with U.S. GAAP, we periodically update our understanding of the pricing methodologies used by the independent pricing services. We also challenge any prices we believe may not be representative of fair value under current market conditions. Our review process includes, but is not limited to: (i) initial and ongoing evaluation of the pricing methodologies and valuation models used by outside parties to calculate fair value; (ii) quantitative analysis; (iii) a review of multiple quotes obtained in the pricing process and the range of resulting fair values for each security, if available, and (iv) randomly selecting purchased or sold securities and comparing the executed prices to the fair value estimates provided by the independent pricing sources. | 147 | 10K |
fr_axa-AR_2019 | 8,639 | For some line of business, these estimates require a high degree of judgment, and the assumptions selected may have a significant impact on the ultimate claims cost of these reserves at the end of the reporting period as the inherent uncertainty is higher. This is especially the case for Property & Casualty lines of business that are considered long-tail such as general and professional liability, worker’s compensation, and other specialty lines. | 71 | annual_report |
ScorSE-AR_2017 | 4,997 | Bonuses are calculated based on annual gross salary. The components of the Partners’ bonuses are linked to their Partnership level. | 20 | annual_report |
AssicurazioniGeneraliSpA-AR_2014 | 4,037 | Expert & Finance S.A. 029 EUR 3,292,070 G 11 91.19 Generali Vie S.A. 91.19 90.23 | 15 | annual_report |
nl_ing_grp-AR_2019 | 3,922 | ING Group has not early adopted any other standard, interpretation or amendment in 2019 which has been issued, but is not yet effective. | 23 | annual_report |
822 | 183 | Premiums earned from retroactive reinsurance and structured settlement contracts were $143.5 million in 1997. Relatively minor amounts of premiums were earned from such contracts in 1996 and 1995. These contracts provide excess of loss coverage with respect to past loss events or periodic payments to claimants in connection with settled claims. Underwriting losses occur from such policies as a result of the recurring recognition of time value of money concepts--the amortization of deferred charges re reinsurance assumed and the accretion of discounted structured settlement liabilities. The amortization and accretion charges are reported as losses incurred, and because there is no offsetting premium income, as underwriting losses. Underwriting losses from retroactive reinsurance and structured settlement contracts were $82.0 million in 1997, $73.8 million in 1996 and $75.4 million in 1995. | 129 | 10K |
RaiffeisenBankInternationalAG-AR_2019 | 2,240 | Growth rates in phase I and II 2.1% 1.8% 2.0% 1.8% | 11 | annual_report |
de_allianz-AR_2016 | 694 | 1 For further information about our Asset Management business segment, please refer to note 5 to the consolidated financial statements. | 20 | annual_report |
Sampoplc-AR_2015 | 1,146 | When this Net Debt is divided by the book value of Sampo plc’s equity holdings of EUR 7,928 million, the resulting ratio or “Loan-to-Value” (“LTV”) would be 12 per cent. However, the post-dividend Net Debt will be higher than EUR 959 million, but this is compensated by the higher market value of Sampo plc´s holdings compared to the book value of EUR 7,928 million. As a net result the realistic LTV is lower than 12 per cent. | 77 | annual_report |
fr_axa-AR_2007 | 6,221 | The option pricing assumptions and fair value for plans issued in 2005 are as follows: Assumptions | 16 | annual_report |
5030 | 887 | Intangible assets acquired include customer relationships, trademarks, internally developed software and non-compete agreements. The intangibles acquired are made up largely of customer relationships of $38,210,000 being amortized over an estimated life of 14 years, and the remaining assets listed above are being amortized over periods ranging from two to five years. For the year ended December 31, 2015, the Company recognized amortization expense of $3,394,000 in its consolidated financial statements related to these intangibles. Goodwill is attributable to the synergies of the work force in place and business resources as a result of the combination of the companies. The Company does not expect that goodwill attributable to the acquisition will be deductible for tax purposes. For the year ended December 31, 2015, GAB Robins accounted for $79,750,000 of the Company's consolidated revenues before reimbursements. The results of GAB Robins are reported in the International segment. For the year ended December 31, 2015, GAB Robins contribution to the Company's earnings and earnings per share were not material and as such, no pro forma financial information is required to be presented. | 179 | 10K |
4657 | 2,586 | with the unrealized gains and losses on the fixed income portfolio. This approach mitigates the impacts of general interest rate changes to our overall financial condition. | 26 | 10K |
2237 | 1,238 | Gross premiums written for Global Reinsurance increased 48 percent in 2003 compared with 2002. The Global Reinsurance segment has expanded into a multi-line global reinsurer that offers a diversified portfolio of products. This shift has enabled it to take advantage of the improved P&C market. In 2003, significant production gains were recorded at ACE Tempest Re USA and ACE Tempest Re Europe as these units benefited from higher rates and increased volume for P&C lines. Gross premiums written for this segment increased 93 percent in 2002 compared with 2001. This increase was a result of the improved market for P&C lines, some of which were first offered in 2002, and additionally due to higher property catastrophe premium rates. | 118 | 10K |
gb_lloyds_banking_grp-AR_2014 | 4,895 | Enhanced Capital Notes 7.625% Enhanced Capital Notes due 2019 (£151 million) 38 145 8.125% Enhanced Capital Notes due 2019 (£4 million) 4 4 9% Enhanced Capital Notes due 2019 (£97 million) 15 102 7.8673% Enhanced Capital Notes due 2019 (£331 million) 17 333 15% Enhanced Capital Notes due 2019 (£775 million) 936 1,064 15% Enhanced Capital Notes due 2019 (e487 million) 514 567 8.875% Enhanced Capital Notes due 2020 (e125 million) 108 116 9.334% Enhanced Capital Notes due 2020 (£208 million) 23 231 7.375% Enhanced Capital Notes due 2020 (e95 million) 76 80 | 93 | annual_report |
4781 | 1,399 | The Company accounts for Kemper’s subsidiary, FAF, and the Company’s former Unitrin Business Insurance operations as discontinued operations. | 18 | 10K |
SwissReAG-AR_2009 | 771 | Information for investors More information on Swiss Re’s shares is available in the Investor Relations section on Swiss Re’s website. | 20 | annual_report |
3574 | 1,048 | The other segment had no earned premiums during 2007, 2006 or 2005. However, due to loss recoveries the other segment generated underwriting gains of $1.3 million, $13.5 million and $2.4 million for the years ended December 31, 2007, 2006 and 2005, respectively. | 42 | 10K |
ASRNederlandNV-AR_2013 | 588 | 79a.s.r. 2013 annual report Report of the Supervisory Board 5.1.6 Final word from the Supervisory Board | 16 | annual_report |
757 | 723 | D. Segments of Operations AFC operates its property and casualty insurance business in three major segments: nonstandard automobile, specialty lines, and commercial and personal lines. AFC's annuity and life business primarily sells tax-deferred annuities to employees of primary and secondary educational institutions and hospitals. These insurance businesses operate throughout the United States. In addition, AFC has owned significant portions of the voting equity securities of certain companies (investee corporations - see Note F). | 73 | 10K |
HiscoxLtd-AR_2009 | 722 | Fair value for securities quoted in active markets is the bid price exclusive of transaction costs. For instruments where no active market exists, fair value is determined by referring to recent transactions and other valuation factors including the discounted value of expected future cash flows. Fair value changes are recognised immediately within the investment result line in the income statement. An analysis of fair values of financial instruments and further details as to how they are measured are provided in note 23. | 82 | annual_report |
AegonNV-AR_2019 | 8,922 | In December 2019, it was decided to establish a globally integrated structure, with a simplification of the operating model which featured regional executive committees and to create a global operational management board (Global Board). Strategic direction and global oversight of business performance is executed by the Global Board of Aegon Asset Management, which has both global and local roles and responsibilities. This board is supported by a number of sub committees. Members of the Global Board are appointed by Aegon N.V.. The Risk Advisory Committee and Remuneration Committee support Aegon's oversight of Aegon Asset Management. | 95 | annual_report |
ch_zurich_insurance_group-AR_2016 | 3,622 | We determined that the assumptions used in the valuation of the significant goodwill, distribution agreements and attorney-in-fact contracts were reasonable. | 20 | annual_report |
NatixisSA-AR_2009 | 7,888 | For the purpose of increasing the capital via the issue of ordinary shares or of any securities giving access to capital, with retention of preferential subscription rights of shareholders €4 billion 26 months 9.30.2008 €3.7 billion | 36 | annual_report |
NatixisSA-AR_2017 | 8,063 | FINANCIAL DATA Parent company financial statements and notes 369Natixis Registration Document 2017 | 12 | annual_report |
StorebrandASA-AR_2003 | 422 | Individual pension agreement (IPA) Savings contributions to a retirement pension with either a guaranteed annual return or investment in mutual funds. | 21 | annual_report |
NatixisSA-AR_2006 | 3,219 | The Board has examined the 2006 fi nancial statements presented to it by the Management Board and examined its report on the activities of the Company and the Group over the year, marked by the major event comprising, in November 2006, the contribution to the Company of 12 subsidiaries of Caisse Nationale des Caisses d’Epargne in the areas of corporate and investment banking and services, as well as the accompanying changes in the shareholding structure of the Company, of which Banque Fédérale des Banques Populaires and Caisse Nationale des Caisses d’Epargne each own 34%, with the remaining share capital open to investors and individuals. This transformation was also accompanied by a change in the administration of the Company. | 118 | annual_report |
2729 | 1,198 | Gross premiums written in our commercial lines segment for 2004 were $73.4 million as compared to $59.8 million for 2003, an increase of $13.6 million, or 22.7%. This increase in gross premiums written was primarily attributable to an increase in policy count. Policy count in our commercial lines segment was 26,796 as of December 31, 2004 as compared to 22,212 as of December 31, 2003, an increase of 4,584 policies, or 20.6%. We experienced an increase in gross premiums written of $12.0 million in our Florida small business line, $2.6 million in our bowling center line and $1.9 million in our RBT line. | 103 | 10K |
3568 | 2,277 | approving transaction requests and limits for corporate, sovereign and cross-border credit exposures that exceed the delegated authorities; | 17 | 10K |
5138 | 1,565 | Results of our long-term care insurance business are influenced primarily by sales, morbidity, mortality, persistency, investment yields, expenses, ability to achieve rate actions, changes in regulations and reinsurance. Additionally, sales of our products are impacted by the relative competitiveness of our offerings based on product features, pricing and commission levels, actions by rating agencies and the impact of in-force rate actions on distribution and consumer demand. Changes in regulations or government programs, including long-term care insurance rate action legislation, could impact our long-term care insurance business either positively or negatively. | 90 | 10K |
TrygAS-AR_2011 | 1,959 | Provisions for claims are determined for each line of business based on actuarial methods. Where such business lines encompass more than one business area, short-tail provisions for claims are distributed based on number of claims reported while long-tail provisions for claims are distributed based on premiums earned. The models currently used are Chain-Ladder, Bornhuetter-Ferguson, the Loss Ratio method and De Vylder’s credibility method. Chain-Ladder techniques are used for business lines with a stable run-off pattern. The Bornhuetter-Ferguson method, and sometimes the Loss Ratio method, are used for claims years in which the previous run-off provides insufficient information about the future run-off performance. De Vylder’s credibility method is used for areas that are somewhere in between the Chain-Ladder and Bornhuetter-Ferguson/Loss Ratio methods, and may also be used in situations that call for the use of exposure targets other than premium volume, for example the number of insured. | 146 | annual_report |
2008 | 264 | During 2002 the relative percentage investment in tax-exempt fixed maturity securities versus taxable fixed maturity securities increased due to the Company taking advantage of the more favorable after-tax yields. At the end of 2002, on a cost basis, investment grade tax-exempt fixed maturity securities represented 30.3% of the total invested assets, compared to 14.8% as of the end of 2001. | 60 | 10K |
NatwestGroupPLC-AR_2011 | 4,252 | Net assets of schemes in surplus (included in Prepayments, accrued income and other assets, Note 19) (188) (105) (58) Net liabilities of schemes in deficit 2,239 2,288 2,963 2,051 2,183 2,905 | 31 | annual_report |
AssicurazioniGeneraliSpA-AR_2016 | 4,251 | KAG Holding Company Ltd 072 THB 1,911,244,200 G 4 5.99 Generali Asia N.V. 100.00 94.98 94.01 IWF Holding Company Ltd | 20 | annual_report |
fr_axa-AR_2015 | 593 | (or €45 million (7)). This would allow AXA Philippines to offer | 11 | annual_report |
2570 | 821 | A total of 500,000 shares of the Company's common stock have been reserved for issuance under the Employers Mutual Casualty Company 1993 Employee Stock Purchase Plan. Any employee who is employed by Employers Mutual or its subsidiaries on the first day of the month immediately preceding any option period is eligible to participate in the plan. Participants pay 85 percent of the fair market value of the stock purchased, which is fully vested on the date purchased. The plan is administered by the Board of Employers Mutual and the Board has the right to amend or terminate the plan at any time; however, no such amendment or termination shall adversely affect the rights and privileges of participants with unexercised options. Expenses allocated to the Company in connection with this plan totaled $9,752, $13,214 and $6,817 in 2004, 2003 and 2002, respectively. | 141 | 10K |
3226 | 1,292 | Net cash provided by financing activities for the year ended December 31, 2005 was $26.6 million and was attributable to $44.3 million in net proceeds provided from the initial public offering partially offset by a $17.7 million reduction in net borrowings. | 41 | 10K |
fr_axa-AR_2001 | 1,168 | Zealand (22.6%) and Belgium (20.6%). Sales performance was boosted by the success of separate account | 15 | annual_report |
4703 | 2,308 | The Company has also joined with other investors in capitalizing three AlphaCat ILS funds, which invest in instruments with returns linked to property catastrophe reinsurance, retrocession and insurance linked securities contracts. Two of the three funds are variable interest entities and are consolidated by the Company as the primary beneficiary, with the economics not attributable to the Company being shown as noncontrolling interest. | 63 | 10K |
1919 | 1,201 | o In January 2002, Roy Mitte caused the transfer of $1,000,000 from FIC to the Mitte Foundation, in contravention of a promise made by Mr. Mitte to the Compensation Committee of the Board of Directors that no such transfers would be sought or made in 2002; and | 47 | 10K |
AegonNV-AR_2018 | 1,778 | Financial conglomerate supervision Since October 2009, Aegon has been subject to supplemental group supervision by the DNB in accordance with the requirements of the EU's Financial Conglomerate Directive. | 28 | annual_report |
325 | 2,932 | Asset Hedging -- To meet the various life policyholder obligations and to - -------------- provide prudent investment risk diversification, the Life segment may combine two or more financial instruments to achieve the investment characteristics that match the associated liability. The use of derivatives in this regard effectively transfers unwanted investment risks or attributes to others. The selection of the appropriate derivatives | 61 | 10K |
4395 | 1,166 | The following table summarizes information about the restricted stock outstanding under the 2010 Restricted Stock Plan at December 31, 2011: | 20 | 10K |
gb_prudential-AR_2012 | 961 | v Loans (Audited) Of the total Group loans of £11.8 billion at 31 December 2012, the following are held by shareholder-backed operations. | 22 | annual_report |
3540 | 819 | In June 2006, the FASB issued FASB Interpretation 48, Accounting for Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109 (“FIN 48”). The interpretation clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements in accordance with SFAS 109, Accounting for Income Taxes. Specifically, the pronouncement prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The interpretation also provides guidance on the related derecognition, classification, interest and penalties, accounting for interim periods, disclosure and transition of uncertain tax positions. The interpretation is effective for fiscal years beginning after December 15, 2006. The Company adopted FIN 48 on January 1, 2007 and although its adoption did not have a direct impact on the Company’s results of operations or financial position, adoption of FIN 48 by one of the Company’s equity method investees resulted in the Company recording a cumulative adjustment of $681, net of tax, to opening retained earnings. | 175 | 10K |
NatwestGroupPLC-AR_2011 | 5,677 | Credit risk - the risk that the Group will incur losses owing to the failure of customers to meet their financial obligations to the Group. | 25 | annual_report |
327 | 428 | The following discussion analyzes significant items affecting the results of operations and the financial condition of the Company. This discussion should be read in conjunction with the accompanying consolidated financial statements and the notes thereto. | 35 | 10K |
fr_axa-AR_2003 | 4,210 | (a) Last quarter submitted to the realization of objectives assigned to different entities for the period as of 12/31/1996 to 12/31/2000. (b) Of UAP origin. | 25 | annual_report |
3023 | 2,859 | The following table shows the International segment components of incurred losses and LAE for 2005 and 2004: | 17 | 10K |
2236 | 933 | Restrictions. Global Preferred Holdings, Inc. is a holding company with no direct operations, and whose principal assets are the capital stock of its subsidiaries and $4.0 million of cash and invested assets, as of December 31, 2003. Global Preferred Holdings, Inc. relies primarily on funds retained at the holding company level, debt service on amounts loaned to Global Preferred Re, management service fees from its subsidiaries and potential dividends from Global Preferred Re to meet ongoing cash requirements. The ability of Global Preferred Re to pay dividends to Global Preferred Holdings is subject to, among other things, regulatory restrictions under the insurance laws of Bermuda, which are discussed in Note 9 to the Consolidated Financial Statements. As of December 31, 2003, Global Preferred Re had total statutory capital and surplus of $22.6 million, which includes up to $7.4 million available to distribute in dividends without seeking regulatory approval. During the year ended December 31, 2003, Global Preferred Re paid no dividends to Global Preferred Holdings, Inc. | 166 | 10K |
TrygAS-AR_2005 | 227 | The development in earned premiums was attributable to our continued focus on profitable business. We expect that the revised price structure and the launch of a new customer concept will strengthen our position among private customers in Norway further. The performance reflects a year with an unsatisfactory balance between customer inflow and customer outflow during the first six months, and an improvement during the last six months following initiatives relating to the new customer concept and the strengthened sales organisation. | 80 | annual_report |
NatwestGroupPLC-AR_2015 | 3,447 | The PRA issued Policy Statement 17/15 in July 2015 setting out the Pillar 2 capital requirements for UK banks. The changes are intended to support a more risk sensitive and consistent approach to setting Pillar 2A (P2A) capital and to provide greater transparency of the PRA capital setting process by allowing firms to manage present and future regulatory capital demands. | 60 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2014 | 2,912 | This Management’s Report contains forward-looking statements regarding Strategy 3.0, which was published on 28 January 2015. These statements include words such as „assumes”, „will hold”. Such forward-looking statements are exposed to known and unknown types of risk and are subject to uncertainty and other material factors that may cause PZU Group actual results, operations or performance to differ materially from the future results, operations or performance explicitly or implicitly expressed in these forward-looking statements. These statements are based on a number of assumptions concerning PZU Group current and future business strategy as well as the environment in which it will operate in the future. PZU explicitly refrains from any duties or obligations in respect of disseminating any updates or adjustments to any statements set forth in this Management’s | 128 | annual_report |
5667 | 1,373 | Although the future degree and impact of the ultimate severity trend remains uncertain due to the long-tailed nature of our business, we have given consideration to observed loss costs in setting our rates. For our HCPL business, this practice had generally resulted in rate reductions as claim frequency declined and remained at historically low levels. For example, on average, excluding our podiatry business acquired in 2009, we had gradually reduced the premium rates we charged on our standard physician renewal business (our largest HCPL line) by approximately 17% from the beginning of 2006 to December 31, 2016. | 97 | 10K |
2054 | 590 | The accompanying consolidated financial statements of Penn Treaty American Corporation and its Subsidiaries (the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and include Penn Treaty Network America Insurance Company ("PTNA"), American Network Insurance Company ("ANIC"), American Independent Network Insurance Company of New York ("AIN"), Penn Treaty (Bermuda), Ltd. ("PTB"), United Insurance Group Agency, Inc. ("UIG"), Network Insurance Senior Health Division ("NISHD") and Senior Financial Consultants Company ("SFCC"). Significant intercompany transactions and balances have been eliminated in consolidation. Certain prior year amounts have been reclassified to conform to the current year presentation. | 102 | 10K |
INGGroepNV-AR_2015 | 298 | Digitalisation and changing customer behaviour Banking in future will be digital. This revolution is already well underway: customers are adopting digital channels en-masse, especially mobile. Nearly 90 percent of our retail customers use digital channels to contact us. And some 70 percent of those use digital channels exclusively. The shift to mobile in retail banking is starting to be mirrored in wholesale banking, albeit at a slower pace (and probably less far-reaching way). | 73 | annual_report |
1943 | 979 | Income tax expense increased $71.8 million, or 39%, primarily due to increased income before taxes. Our effective income tax rate decreased to 31.6% in 2002 from 35.0% in 2001. This 340 basis point decrease in the effective income tax rate is primarily due to the reduction of a deferred tax valuation allowance in 2002 due to our continued improvement in taxable earnings, nondeductible demutualization expenses incurred during 2001 and the impact of FAS 142. | 74 | 10K |
HelvetiaHoldingAG-AR_2019 | 1,417 | The table above includes increases in impairment losses on financial assets of CHF 7.5 million (previous year: CHF 15.8 million) as well as impairment loss reversals on financial assets of CHF 1.5 million (previous year: CHF 2.6 million). | 38 | annual_report |
StorebrandASA-AR_2006 | 1,214 | Due from customers and other current receivables 20,21 5 046.5 6 278.0 4 111.4 Financial assets at fair value: - Shares and other equity participations 20,21,25 46 604.0 39 589.1 28 311.3 - Bonds and other fixed-income securities 20,21,26,32,33 50 782.7 57 539.3 51 262.8 - Life insurance assets with investment choice 20,27 7 364.1 5 719.4 4 476.4 | 59 | annual_report |
5898 | 907 | Loss and loss expenses include both net paid losses and reserve changes for unpaid losses, as well as the associated loss expenses. The majority of the total incurred losses and loss expenses shown above in the three-year highlights table are for the respective current accident years, with reserve development on prior accident years shown separately. Since less than 20% of our excess and surplus lines current accident year incurred losses and loss expenses represents net paid amounts, a large majority represents reserves for our estimate of unpaid losses and loss expenses. These reserves develop over time, and we update our estimates of previously reported reserves as we learn more about the development of the related claims. The table below illustrates that development. For example, the 55.0% accident year 2019 loss and loss expense ratio reported as of December 31, 2019, developed favorably by 0.7 percentage points to 54.3% due to claims settling for less than previously estimated, or due to updated reserve estimates for unpaid claims, as of December 31, 2020. Accident year 2018 for this segment developed favorably during 2019 but during 2020 developed unfavorably, as indicated by the progression over time of the ratios in the table. | 199 | 10K |
4921 | 1,744 | The Company has entered into Life Retro Arrangements as described in Item 8, Note 2, "Significant Accounting Policies - (c) Investments - Investments Related to Life Retrocession Arrangements written on a Funds Withheld Basis and (e) Reinsurance," and Note 3, "Sale of Life Reinsurance Subsidiary," to the Consolidated Financial Statements included herein. The embedded derivative is recorded at fair value with changes in fair value recognized in earnings through "Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets." For a further discussion, see Item 8, Note 16, “Derivative Instruments,” to the Consolidated Financial Statements included herein and "Impact of Life Retro Arrangements" above. | 113 | 10K |
2657 | 452 | Management's Discussion and Analysis of Financial Condition and Results of Operations or, "MD&A," addresses the consolidated financial condition of Pruco Life Insurance Company as of December 31, 2004, compared with December 31, 2003, and its consolidated results of operations for the years ended December 31, 2004 and 2003. | 48 | 10K |
4897 | 1,387 | U.S. Treasury rates and the London Interbank Offered Rate (LIBOR) swap rate. This update reflects the evolution of market hedging practices and is intended to provide more flexibility for hedge accounting purposes. We adopted this guidance in the third quarter of 2013 on a prospective basis for qualifying new or redesignated hedging relationships entered into on or after the effective date of July 17, 2013. The adoption of the guidance had no impact on our financial position or results of operations. | 81 | 10K |
4685 | 1,199 | During 2013, we entered into a $170 million secured letter of credit facility (the "Lloyd's LOC Facility") pursuant to a Letter of Credit Facility Agreement and Security Agreement (collectively, the "Lloyd's Facility Documents"). The Lloyd's LOC Facility is fully utilized and meets the Funds at Lloyd's requirements for the Company's subsidiary, AXIS Corporate Capital UK Limited to support the underwriting capacity of the Company's Lloyd's syndicate, AXIS Syndicate 1686, for the 2014 underwriting year of account. The Letter of Credit issued under the Lloyd's LOC Facility will expire no later than July 31, 2018. The Lloyd's Facility Documents contain customary covenants with which the Company must comply, including a requirement to maintain sufficient collateral to fully secure any issued Letter of Credit. In case of an event of default under | 130 | 10K |
SwissReAG-AR_2012 | 3,429 | Risks relating to credit rating downgrades Ratings are an important factor in establishing the competitive position of reinsurance companies, and market conditions could increase the risk of downgrade. Third-party rating agencies assess and rate the financial strength of reinsurers and insurers. These ratings are intended to measure a company’s ability to repay its obligations and are based upon criteria established by the rating agencies. | 64 | annual_report |
RaiffeisenBankInternationalAG-AR_2013 | 1,146 | IAS 28 (Investments in associates and joint ventures; entry into force on January 1, 2014) | 15 | annual_report |
BaloiseHoldingLtd-AR_2007 | 2,363 | Adjustments arising are recognised in profi t or loss. Any scheduled depreciation is halted as of the reclassifi cation date. | 20 | annual_report |
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