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5422 | 2,411 | Net loss increased in 2016 primarily due to a $423 after-tax loss on the reinsurance transaction that cedes adverse development on asbestos and environmental reserves and higher unfavorable net asbestos and environmental prior accident year development associated with the Company's comprehensive annual review. Net realized capital losses before tax in 2016 included an $81 estimated capital loss on the pending sale of the Company's U.K. property and casualty run-off subsidiaries. Net of tax benefits, the pending sale resulted in an estimated after-tax loss of $5. | 85 | 10K |
4554 | 1,165 | Mortgage loans represented approximately 7.0% and 4.0% of the Company’s invested assets as of December 31, 2012 and 2011, respectively. The Company makes mortgage loans on income producing properties, such as apartments, retail and office buildings, light warehouses and light industrial facilities. Loan-to-value ratios at the time of loan approval are 75% or less. The distribution of mortgage loans, gross of valuation allowances, by property type is as follows as of December 31, 2012 and 2011 (dollars in thousands): | 79 | 10K |
de_allianz-AR_2007 | 738 | Income before income taxes and minority interests in earnings 865 829 735 720 425 409 1) Represents fee and commission income less fee and commission expense. | 26 | annual_report |
2927 | 609 | Capital Title Agency Inc. (“Capital Title”) is an Arizona corporation, which has operated under the authority of the Arizona State Banking Commission since November 1981. Capital Title is an independent title agency that provides escrow services and issues title insurance policies to the real estate industry in Maricopa, Yavapai, Mohave and Pinal Counties in Arizona. | 55 | 10K |
2217 | 436 | Net income for the fiscal year ended June 30, 2003 was approximately $6.4 million as compared to approximately $4.5 million for the fiscal year ended June 30, 2002; a 44% increase. Earnings per diluted share increased by $0.24, to $0.80 for the fiscal year ended June 30, 2003. | 48 | 10K |
500 | 170 | Tax-exempt Taxable Credit considerations are an important part of General Re's Nonrated .05 1.3 fixed-maturity investment strategy. The overall fixed- Below BBB .01 2.1 maturity portfolio continued to have an average credit rating BBB 2.1 3.8 of AA at December 31, 1996. The distribution of General Re's North A 22.1 17.0 American property/casualty fixed- maturity portfolio by credit AA 32.6 12.1 quality is presented in the chart on the left. AAA 42.6 63.7 | 73 | 10K |
INGGroepNV-AR_2013 | 721 | • ING won several mandates for the refinancing of Clondalkin’s core debt financing of approximately EUR 585 million, primarily in fixed and floating rate notes. The transactions, which included a receivables securitisation programme alongside a USD Term Loan, have transformed the structure of the Clondalkin Group, an international producer of high value-added packaging products and services, and resulted in a positive outlook from rating agencies. | 65 | annual_report |
451 | 208 | The individual health benefit ratio increase was primarily due to higher claims experience in New Jersey, where that state implemented certain adverse restrictions on health insurers. To offset this experience, the Company implemented rate increases to significantly reduce future losses. | 40 | 10K |
TrygAS-AR_2006 | 1,120 | In special instances the employee can enter a contract with the group to receive compensation for loss in pension benefits caused by the reduced working hours. The group recognises this liability based on statistical models. | 35 | annual_report |
SwissLifeHoldingAG-AR_2009 | 2,473 | Based on detailed assessments with regard to indications of impairment, impairment losses from continuing operations totalling CHF 174 million were recognised in the period under review (2008: CHF 3108 million). The impairment losses in 2009 related to equity instruments were CHF 180 million and gains with regard to debt instruments CHF 6 million (2008: debt instruments CHF 108 million (impairment losses) and equity instruments CHF 3000 million (impairment losses)). | 69 | annual_report |
189 | 1,372 | The cost to the Company associated with the Aetna postretirement plans for 1995, 1994 and 1993 were $1.4 million, $1.0 million and $0.8 million, respectively. | 25 | 10K |
5468 | 1,357 | Medical operating expenses decreased by $20.4 million, or 5.4%, to $354.9 million. The operating expense ratio decreased by 50 basis points to 13.6% in 2017. The lower operating expenses and expense ratio are mostly the result of the decrease in the HIP Fee of $44.2 million due to the 2017 moratorium offset by increase in personnel costs, professional services and business promotion expenses totaling approximately $28.1 million. | 67 | 10K |
5718 | 3,296 | Equity securities. At December 31, 2017, equity securities were classified as available-for-sale and were reported at fair value, except for certain equity securities that were carried at cost, for which the amount reported approximated fair value. These equity securities carried at cost were reported as Other invested assets at December 31, 2018, as required under ASU 2016-01. The updated guidance also requires, effective January 1, 2018, the periodic change in fair value of equity securities to be recognized as realized investment gains and losses. For periods prior, realized investment gains and losses on equity securities were a function of the difference between the amount received on the sale of an equity security and the equity security's cost basis, as well as any OTTI recognized in earnings. | 126 | 10K |
4663 | 995 | Golden Gate II Captive Insurance Company ("Golden Gate II"), a special purpose financial captive insurance company wholly owned by PLICO, had $575.0 million of outstanding non-recourse funding obligations as of December 31, 2012. These outstanding non-recourse funding obligations were issued to special purpose trusts, which in turn issued securities to third parties. Certain of our affiliates own a portion of these securities. As of December 31, 2012, securities related to $286.0 million of the outstanding balance of the non-recourse funding obligations were held by external parties and securities related to $289.0 million of the non-recourse funding obligations were held by our affiliates. These non-recourse funding obligations mature in 2052. $275 million of this amount is currently accruing interest at a rate of LIBOR plus 30 basis points. We have experienced higher borrowing costs than were originally expected associated with $300 million of our non-recourse funding obligations supporting the business reinsured to Golden Gate II. These higher costs are the result of a higher spread component of interest expense associated with the illiquidity of the current market for auction rate securities, as well as a rating downgrade of our guarantor by certain rating agencies. The current rate associated with these obligations is LIBOR plus 200 basis points, which is the maximum rate we can be required to pay under these obligations. We have contingent approval to issue an additional $100 million of obligations. Under the terms of the non-recourse funding obligations, the special purpose trusts, as holders of the non-recourse funding obligations, cannot require repayment from us or any of our subsidiaries, other than Golden Gate II, the direct issuer of the non-recourse funding obligations, although we have agreed to indemnify Golden Gate II for certain costs and obligations (which obligations do not include payment of principal and interest on the surplus notes). In addition, we have entered into certain support agreements with Golden Gate II obligating us to make capital contributions or provide support related to certain of Golden Gate II's expenses and in certain circumstances, to collateralize certain of our obligations to Golden Gate II. | 346 | 10K |
HelvetiaHoldingAG-AR_2003 | 1,363 | Given the prudence concept applied and the assessment of the carrying value of goodwill a charge for impairment of value in the amount of CHF 74.5 million | 27 | annual_report |
3100 | 4,591 | The balances of and changes in goodwill by segment for the years ended December 31, are as follows. | 18 | 10K |
de_allianz-AR_2012 | 1,439 | In 2012, statutory premiums amounted to € 52,347 mn, a decrease of € 516 mn. On an internal basis, premiums decreased by 2.6 % or € 1,354 mn, after excluding positive foreign currency translation effects of € 932 mn. The growth in premiums from traditional products partly compensated for the decrease in investment-oriented products and resulted in an overall premium mix shift in favor of traditional business from 46.5 % to 48.3 %. On an internal basis, premiums from traditional products grew by 1.9 %, mainly in Germany, AsiaPacific, Central and Eastern Europe as well as in the United States, while we saw a decrease in Italy and Belgium/Luxembourg. | 109 | annual_report |
AegonNV-AR_2006 | 4,559 | The coupon is reset each quarter based on the then prevailing tenyear US dollar interest rate swap yield, with a maximum of 8.5%. The interest rate exposure on some of these securities has been swapped, using derivatives, to three-month LIBOR yield. | 41 | annual_report |
1321 | 756 | (1.) Refer to the Glossary of Insurance Terms on page 60 of this report on Form 10-K for definitions of specific terms. | 22 | 10K |
INGGroepNV-AR_2008 | 1,058 | Executive Board long-term incentive plan 2009 Under the terms of the Illiquid Assets Back-up Facility agreed with the Dutch State in January 2009, the individual Executive Board members will not receive a 2009 long-term incentive award. | 36 | annual_report |
GjensidigeForsikringASA-AR_2016 | 1,037 | 1. Organic growth is expected to be in line with nominal GDP growth in Gjensidige’s market areas in the Nordic countries and the Baltic states over time. In addition, profitable growth will be achieved by pursuing a disciplined acquisition strategy, as has been done successfully over the past ten years. | 50 | annual_report |
LloydsBankingGroupPLC-AR_2005 | 1,318 | In addition, the following amounts have been recognised in the income statement: 2005 2004 £m £m | 16 | annual_report |
ScorSE-AR_2014 | 422 | Refer to Section 20.1.6 – Notes to the consolidated financial statements - Note 26 - Insurance and financial risk for the detailed ranking by maturity of fixed-term investments in the Group’s portfolio as at 31 December 2014. Refer to Section 4.2.1 – SCOR faces risks related to its fixed income investment portfolio - and 4.2.2 – SCOR faces risks related to its equity based portfolio, for a description of risk management connected with its investments in debt instruments and equity securities - and 4.2.3 - SCOR is exposed to other risks arising from the investments it owns. Refer to section 5.1.5 - Important events in the development of the issuer's business. | 111 | annual_report |
3843 | 1,136 | We derive our revenues primarily from the issuance of insurance policies and reinsurance contracts. Insurance and reinsurance premiums are driven by the volume and classes of business of the policies and contracts that we write which, in turn, are related to prevailing market conditions. The premium we charge for the risks assumed is also based on many assumptions. We price these risks well before our ultimate costs are known, which may extend many years into the future. In addition, our revenues include fee income and income we generate from our investment portfolio. Our investment portfolio is comprised primarily of fixed income investments that are classified as "available for sale." Under accounting principles generally accepted in the United States of America ("GAAP"), these investments are carried at market value and unrealized gains and losses on the investments are not included in our statement of income. These unrealized gains and losses are included in accumulated other comprehensive income or loss as a separate component of shareholders' equity in our balance sheet. | 169 | 10K |
5658 | 1,128 | and Maria, the two earthquakes in Mexico, the wildfires in Northern and Southern California, and other U.S. weather-related events. Comparatively, in 2016 we incurred $204 million or 5.6 points of losses attributable to catastrophe and weather-related events. | 37 | 10K |
2387 | 1,649 | Price increases: We file rate changes on a state-by-state basis. Our average written price increase, which includes rate changes and exposure growth, was 3% in 2004, 10% in 2003 and 15% in 2002. Price changes are reflected on existing policies at renewal, resulting in an increase to 2004 net earned premiums of approximately $39 compared with 2003, and $110 in 2003 compared with 2002. Premiums are affected by growth in the exposures we cover due to factors such as changes in compensation, the number of employees, sales receipts and building values for the businesses we insure. This increased net earned premiums by approximately $26 in 2004 compared with 2003, and $19 in 2003 compared with 2002. | 116 | 10K |
fr_axa-AR_2014 | 7,154 | (b) Carrying value, i.e net of impairment, discount premiums and related amortization, including accrued interest, but excluding any impact of derivatives. | 21 | annual_report |
ScorSE-AR_2013 | 2,169 | Article 10 (“Administration”) of SCOR SE’s bylaws requires that Directors own at least one share of the Company during the term of their directorship. | 24 | annual_report |
1477 | 430 | Investment real estate 3,506,386 3,506,386 3,506,386 Mortgage loans on real estate 156,000 156,000 156,000 Policy loans 4,270,588 4,270,588 4,270,588 Short-term investments 610,379 610,379 610,379 | 24 | 10K |
RSAInsuranceGroupPLC-AR_2007 | 386 | as an insurer: We are committed to engaging in the climate change debate and work closely with forums such as the United Nations, FORGE group and ‘We’re in this Together’ initiative We remain vocal in the UK on key environmental issues and continue to lobby on increased funding for flood defences and action on climate change Our technology to assess risk for customers is constantly improving and evolving through applications such as Eurotempest and our Flood Risk Assessment tool We aim to make it more affordable for customers to make environmental choices though products and services such as our commercial energy surveys, discounted insurance for hybrid cars and fuel efficient vehicles. | 111 | annual_report |
GjensidigeForsikringASA-AR_2011 | 158 | General insurance norway • General insurance is Gjensidige’s core business • A complete supplier of general and accident and health insurance to private, commercial and agricultural customers in Norway • 753,000 private customers • 165,000 commercial and agricultural customers asset management • The asset management function manages the Group’s investment portfolio within limits set by the Board of Directors • The portfolio consists of investments in a number of asset classes, including bonds and money market instruments, property and shares • Assets under management of NOK 54.5 billion at year-end 2011 the support areas • Pension and savings: A broad range of pension, investment and savings products is offered for both the private and commercial markets in Norway • Banking: Through online banking, banking products are offered to the private and agricultural markets in Norway • The support areas have been established in order to support our core business in Norway | 151 | annual_report |
ch_zurich_insurance_group-AR_2004 | 263 | Operational efficiency and professional integrity are inseparable, and our principles for doing business are firmly anchored in our core values, as expressed in Zurich Basics.These values guide us to do not only the right things, but also in the right way.The success of our business depends as much on the trust of our customers as on our ability to provide value. We will continue to work hard to keep that trust by serving our customers with fairness and integrity. | 79 | annual_report |
BaloiseHoldingLtd-AR_2007 | 676 | t the backdrop of the SWX C all dar mployees. Baloise is confi dent that outstanding corporate vernance will have a positive eff ect on the long-term for more transparency ous ye ise is as a public Swiss law | 39 | annual_report |
3686 | 832 | uncertainties in income taxes recognized in accordance with Statement of Financial Accounting Standards No. 109, “Accounting for Income Taxes” by prescribing guidance for the recognition, derecognition and measurement in financial statements of income tax positions taken in previously filed returns or tax positions expected to be taken in tax returns, including a decision whether to file or not to file in a particular jurisdiction. FIN 48 requires that any liability created for unrecognized tax benefits be disclosed. The application of FIN 48 may also affect the tax bases of assets and liabilities and therefore may change or create deferred tax liabilities or assets. As a result of the adoption of FIN 48, the Company recorded a cumulative effect adjustment of $8.1 million as a reduction to retained earnings as of January 1, 2007. | 133 | 10K |
fr_axa-AR_2017 | 891 | Net capital gains or losses attributable to shareholders net of income tax 2 (5) | 14 | annual_report |
5173 | 806 | Health Insurance Industry Tax and Premium Stabilization Programs. The industry-wide amount of the Health Insurance Industry Tax was $11.3 billion in 2015 and will remain at that level in 2016. A provision in the 2016 Federal Budget imposes a one year moratorium for 2017, on the collection of the Health Insurance Industry Tax. The Health Insurance Industry Tax will again be imposed for 2018 and beyond. In 2016, we expect that our share of the Health Insurance Industry Tax will increase to $1.9 billion from $1.8 billion in 2015 due to growth in our business. | 95 | 10K |
107 | 296 | During 1994 and 1993, withdrawals of contracts reported in the Other Operations segment, including contract terminations, payments to participants and transfers to other carriers, were approximately $130 million and $309 million, respectively. Withdrawals during 1994 and 1993 were at levels expected by management and reflect the run-off nature of these closed blocks of businesses. UNUM manages liquidity objectives by including certain conditions in pension contracts which prohibit or restrict availability of funds. | 72 | 10K |
DirectLineInsuranceGroupPLC-AR_2019 | 3,023 | Income statement: Net interest income / (cost)1 2.7 (2.2) 0.5 Administration costs (0.5) – (0.5) | 15 | annual_report |
ch_zurich_insurance_group-AR_2007 | 564 | The Board of Directors is responsible for developing the agenda and sending it to the shareholders. Shareholders with voting rights who together represent shares with a nominal value of at least CHF 10,000 may request in writing, no later than 45 days before the day of the meeting, that specific proposals be included on the agenda. | 56 | annual_report |
PhoenixGroupHoldingsPLC-AR_2012 | 580 | – Maximises shareholder value through clear, rigorous assessment of business opportunities. | 11 | annual_report |
ch_zurich_insurance_group-AR_2007 | 1,504 | If the investment contract is subject to a put or surrender option, the fair value of the financial liability is never recorded at less than the amount payable on surrender, discounted for the required notice period, where applicable. | 38 | annual_report |
4960 | 966 | Amounts included in the statements of operations, statements of changes in shareholders’ equity and statements of cash flows for the year: US$0.16137:CNY1 | 22 | 10K |
3865 | 2,170 | The table below presents information about the nature and accounting treatment of the Company’s primary derivative financial instruments. Derivatives in the Company’s separate accounts are not included because associated gains and losses generally accrue directly to policyholders. | 37 | 10K |
4474 | 2,086 | exposures. Basis risk in the portfolio arises primarily from (i) variability in the ratio of benchmark tax-exempt to taxable interest rates, (ii) potential changes in the counterparty bond issuers’ bond-specific variable rates relative to taxable interest rates, and (iii) variability between Treasury and swap rates. The derivative portfolio also includes an unhedged Sterling-denominated exposure to Consumer Price Inflation in the United Kingdom. As of December 31, 2011 and 2010 the notional amounts of AFS’s trading derivative products are as follows: | 80 | 10K |
2963 | 535 | ULI losses and LAE increased 7.6%, or $1,189,422, to $16,874,524 in 2006 from $15,685,102 a year ago. The increase was due primarily to favorable loss development during 2005 as a result of fewer loan defaults, bankruptcies and automobile repossessions among our ULI customers. | 43 | 10K |
BaloiseHoldingLtd-AR_2006 | 3,191 | If there is an objective evidence for an impairment loss on loans and accounts receivable or fi nancial assets held to maturity, the impairment loss is determined as the difference between the asset’s carrying value and the present value of the future cash fl ows, discounted using the fi nancial asset’s adequate effective interest rate. If the amount of the write-down decreases in one of the following reporting periods, and this reduction can be traced back to a circumstance arising after recognition of the impairment, the write-down previously recorded must be reversed | 92 | annual_report |
AegonNV-AR_2018 | 8,513 | Disclaimer Cautionary note regarding non-IFRS-EU measures This document includes the following non-IFRS-EU financial measures: underlying earnings before tax, income tax and income before tax. These non-IFRS-EU measures are calculated by consolidating on a proportionate basis Aegon’s joint ventures and associated companies. The reconciliation of these measures to the most comparable IFRS-EU measure is provided in note 5 Segment information of this report. | 62 | annual_report |
1702 | 718 | Increases and decreases in prevailing interest rates generally translate into decreases and increases in fair values of fixed maturity investments, respectively. Additionally, fair values of interest rate sensitive instruments may be affected by the credit worthiness of the issuer, prepayment options, relative values of alternative investments, the liquidity of the instrument and other general market conditions. | 56 | 10K |
NatixisSA-AR_2020 | 11,947 | resolves that Company share purchases may relate to a2) number of shares such that: the first paragraph corresponds to the number of shares purchased, net of the number of shares resold during the authorization period; the number of shares that the Company buys during theV buyback program may not, at any time, exceed 10% of the shares comprising the Company’s share capital, this percentage being applied to a capital amount adjusted in accordance with transactions impacting it subsequent to this General Shareholders’ Meeting. It is specified that (i) the number of shares acquired with a view to being held and subsequently tendered in connection with a merger, spin-off or asset transfer may not exceed 5% of its share capital; and (ii) when shares are bought back to promote liquidity under the conditions set out by the General Regulations of the French Financial Markets Authority, the number of shares taken into account to calculate the 10% limit provided for by the number of shares that the Company holds at any timeV whatsoever may not exceed 10% of the shares comprising the Company’s share capital on the date in question, pursuant to Article L.225-210 of the French Commercial Code; resolves that the acquisition, sale or transfer of the shares may3) take place at any time, except in public offer periods, within the limits authorized by current legal and regulatory provisions, by any means, on regulated markets, multilateral trading platforms, with systematic internalizers or over the counter, including by means of the acquisition or sale of blocks of shares (without limiting the portion of the buyback program that may be realized by this means), by a tender or exchange offer, or by using options or other forward financial instruments, or by the tendering of shares subsequent to the issue of securities giving access to the Company’s capital by means of conversion, exchange or redemption, by exercising a warrant or by any other means, either directly or indirectly via an investment services provider. | 329 | annual_report |
2335 | 1,230 | Par value, amortized cost and estimated fair value of investments in asset and mortgage-backed securities available-for-sale summarized by interest rates of the underlying collateral are as follows: | 27 | 10K |
AdmiralGroupPLC-AR_2015 | 2,556 | The goodwill held on the balance sheet at 31 December 2015 is allocated solely to the UK Car Insurance segment. | 20 | annual_report |
ScorSE-AR_2008 | 1,643 | The retrocessions also meet the requirements of the ratings agencies, primarily because the retrocession rate can be modulated based on capital needs in terms of business cycles. The rating agencies confi rmed that they are maintaining their rating with regard to this new organisation of the Group. | 47 | annual_report |
RaiffeisenBankInternationalAG-AR_2019 | 3,793 | The liquidity scenarios are modelled using a Group-wide approach, acknowledging local specifications where they are justified by influencing factors such as the market environment or certain business characteristics; the calculation is performed at RBI AG. The modelling of cash inflows and outflows differentiates between product and customer segments, while if applicable, a distinction between different currencies is made as well. For products without a contractual maturity, the distribution of cash inflows and outflows is calculated using a geometric Brownian motion which derives the statistical forecasts for future daily balances from the observed, exponentially weighted historical volatility of the corresponding products. | 100 | annual_report |
fr_axa-AR_2009 | 5,724 | These projections include assumptions regarding claims, expenses and fi nancial revenues, or they can be estimated on the basis of the new business value. In line with accounting practices in force before the adoption of IFRS, which may continue to be applied under IFRS 4, future premiums relating to acquired business may be recognized in the “Value of acquired business in force” item. | 63 | annual_report |
ASRNederlandNV-AR_2014 | 14 | This Annual Report has been prepared based on the G3.1 sustainability reporting guidelines of the Global Reporting Initiative (GRI) as well. These guidelines are leading benchmark for sustainability reporting. a.s.r.’s sustainability report is prepared according to the level B of the G3.1 guidelines. Appendix 2 contains a GRI-index table, indicating where in the Annual Report the reader can find GRI disclosures. Also, additional information is provided that has not been included in the Annual Report itself. The information contained in the GRI-index table has not been audited. | 87 | annual_report |
4925 | 595 | Gross written premiums increased by 39.3% to $1,826.0 million in 2013 from $1,310.7 million in 2012, primarily due to the impact of a large Florida quota share reinsurance contract, new business opportunities, particularly for contracts with catastrophe exposed risks and higher subject premium on casualty quota share business as rates began to rise in these markets. Excluding the impact of the Florida quota share reinsurance contract, gross written premiums increased 18.9%. Net written premiums increased by 37.9% to $909.6 million in 2013 compared to $659.7 million in 2012, which is in line with the increase in gross written premiums. Premiums earned increased 16.6% to $842.3 million in 2013 compared to $722.4 million in 2012. Premiums earned were only minimally impacted by the Florida quota share reinsurance contract that affected written premiums. The change in premiums earned was relatively comparable to net written premiums, excluding the impact from the Florida quota share reinsurance contract. | 153 | 10K |
AvivaPLC-AR_2009 | 1,549 | The Committee receives reports from the external auditor and, at all scheduled meetings, holds discussions with both the Chief Audit Officer and external auditors in the absence of management. The chairman of the Committee reports to the subsequent meeting of the Board on the Committee’s work and the Board receives a copy of the minutes of each meeting of the Committee. | 61 | annual_report |
4121 | 10,390 | The change in 2009 in items not yet recognized as a component of net periodic cost, which is recorded in unrecognized pension and other postretirement benefit cost, is shown in the table below. | 33 | 10K |
nl_ing_grp-AR_2018 | 2,516 | Reference is made to Note 39 ‘Fair value of assets and liabilities’ and Market risk in Note 53 ‘Risk management’ for the basis of the determination of the fair value of financial instruments and related sensitivities. | 36 | annual_report |
gb_lloyds_banking_grp-AR_2009 | 2,374 | The Group had limited access to the term capital markets for large periods of 2009 due to highly market sensitive on-going negotiations around the Government Asset Protection Scheme and market recapitalisation. | 31 | annual_report |
StandardLifeAberdeenPLC-AR_2018 | 1,346 | The Committee reviewed the annual findings of the Audit Quality Review (AQR) team of the FRC in respect of KPMG’s audits. We requested a formal report from KPMG of the applicability of the findings to Standard Life Aberdeen both in respect of generally identified failings and failings specific to individual audits. The Chair of KPMG presented to the Committee in person. The AQR team also provided a report following its inspection of KPMG’s audit of Standard Life Aberdeen for the year ended 31 December 2017. The Committee Chair discussed the specific findings of the AQR team with KPMG. We were satisfied that the KPMG audit was effective overall and that any identified areas for further improvement had been addressed or had appropriate action plans in place. | 127 | annual_report |
2217 | 412 | Health Card utilizes its comprehensive pharmacy benefit database to perform outcome studies and to develop disease information programs which are used to reduce overall healthcare costs. The Company's Integrail division uses its software tools to analyze and predict outcomes for both medical and pharmacy data. These programs currently produce a small amount of revenue, but is starting to attract interest in the marketplace. Health Card believes that these value added information based services are becoming a more important component of managed care as well as management of the overall healthcare dollar, and therefore these services may provide an increasing source of revenue for Health Card in the future. | 108 | 10K |
HannoverRueckSE-AR_2011 | 430 | insurance is Hannover Re’s largest business group. We do not pursue any growth targets here, but instead practise active cycle management according to which we expand our busi | 28 | annual_report |
NatwestGroupPLC-AR_2020 | 888 | Our improved NPS scores in Retail Banking reflect the commitment we have shown to our customers during the COVID-19 pandemic and the positive feedback we have received from customers, especially those supported from our frontline during this difficult period. Our Business Banking customers have told us they have felt well supported during 2020 and have appreciated our regular communication, the availability of financial support and, importantly, keeping our day-to-day operations going. In Commercial Banking, both NatWest and Royal Bank of Scotland are the highest rated banks by NPS score in their respective markets. | 93 | annual_report |
RaiffeisenBankInternationalAG-AR_2012 | 708 | Net provisioning for impairment losses (41) (17) 143.5% (16) (8) 93.2% | 11 | annual_report |
3511 | 5,669 | Our ratings are influenced by many factors including our operating and financial performance, asset quality, liquidity, asset/liability management, overall portfolio mix, financial leverage (i.e., debt), exposure to risks such as catastrophes and the current level of operating leverage. There were no changes to the ratings listed above during 2007. | 49 | 10K |
5415 | 10,323 | Service Businesses comprise SquareTrade, Arity, Allstate Roadside Services and Allstate Dealer Services and offer consumer product protection plans, device and mobile data collection services and analytic solutions, roadside assistance, and finance and insurance products (including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel and paintless dent repair protection). The Service Businesses primarily operate in the U.S., with certain businesses offering services in Europe, Canada and Puerto Rico. Revenues from external customers generated outside the United States relate to consumer product protection plans sold primarily in the European Union and were $35 million in 2017. | 98 | 10K |
1934 | 674 | Financial Security Assurance Holdings Ltd. (the Company) is a holding company incorporated in the State of New York. The Company is principally engaged, through its insurance company subsidiaries, in providing financial guaranty insurance on asset-backed and municipal obligations. The Company's underwriting policy is to insure asset-backed and municipal obligations that it determines would be of investment-grade quality without the benefit of the Company's insurance. The asset-backed obligations insured by the Company are generally issued in structured transactions and are backed by pools of assets, such as residential mortgage loans, consumer or trade receivables, securities or other assets having an ascertainable cash flow or market value. The Company also insures synthetic asset-backed obligations that generally take the form of credit default swap (CDS) obligations or credit-linked notes that reference pools of securities or loans, with a defined deductible to cover credit risks associated with the referenced securities or loans. The municipal obligations insured by the Company consist primarily of general obligation bonds that are supported by the issuers' taxing power and of special revenue bonds and other special obligations of states and local governments that are supported by the issuers' ability to impose and collect fees and charges for public services or specific projects. Financial guaranty insurance written by the Company guarantees scheduled payments on an issuer's obligation. In the case of a payment default on an insured obligation, the Company is generally required to pay the principal, interest or other amounts due in accordance with the obligation's original payment schedule or, at its option, to pay such amounts on an accelerated basis. | 262 | 10K |
4533 | 1,214 | The yen net asset figure calculated for hedging purposes differs from the yen-denominated net asset position as discussed in the Currency Risk subsection of MD&A. As disclosed in that subsection, the consolidation of the underlying assets in certain VIEs requires that we derecognize our yen-denominated investment in the VIE and recognize the underlying U.S. dollar-denominated fixed-maturity or perpetual securities and cross-currency swaps. While these U.S. dollar investments will create foreign currency fluctuations, the combination of the U.S. dollar-denominated investment and the cross-currency swap economically creates a yen-denominated investment that qualifies for inclusion as a component of our investment in Aflac Japan. | 101 | 10K |
2931 | 197 | As of any balance sheet date, not all claims have been reported and some claims may not be reported for many years. As a result, the liability for unpaid losses includes significant estimates for incurred-but-not-reported ("IBNR") claims. The following table shows the estimated liability as of December 31, 2005 for unpaid claims applicable to reported claims and to IBNR (dollars in thousands) for each sub-line of business: | 67 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2007 | 1,978 | Disclosures on the extent and type of risks from insurance contracts and financial instruments (37) Risks from insurance contracts in the life and health segment 230 (38) Risks from insurance contracts in the property-casualty segment 235 (39) Credit risks from assumed and ceded reinsurance business 239 (40) Market risks from financing instruments – Sensitivity analysis 240 | 56 | annual_report |
1245 | 283 | Effective June 1, 1994, Golden American entered into a modified coinsurance agreement with an unaffiliated reinsurer. The accompanying financial statements are presented net of the effects of the treaty which increased income by $1,729,000, $1,022,000, $265,000, and $335,000 for the years ended December 31, 1999 and 1998 and for the periods October 25, 1997 through December 31, 1997 and January 1, 1997 through October 24, 1997, respectively. | 67 | 10K |
4631 | 12,247 | The percentages shown in the following table represent the linear interpolation of where OneBeacon’s recorded loss and LAE reserves, net of reinsurance recoverable on unpaid losses, are within the range of reserve estimates at December 31, 2012 and 2011, where the low end of the range equals zero, the middle of the range equals 50% and the high end of the range equals 100%. The middle of the range (50%) does not necessarily represent the actuarial indication within the range of possible outcomes, provided above. During 2012, OneBeacon modeled the range of reserves for its Ongoing Business at a more refined line of business level than it had previously used; the prior period has been restated to reflect the more refined range. | 122 | 10K |
RSAInsuranceGroupPLC-AR_2010 | 2,561 | The aggregate emoluments of the Directors, including amounts received from subsidiaries, were as follows: Emoluments of Executive Directors 4,270 4,599 | 20 | annual_report |
2031 | 1,230 | Liabilities: Due to consolidated subsidiaries $ 97,909 $100,976 Other liabilities 6,850 4,686 -------- -------- Total liabilities 104,759 105,662 | 18 | 10K |
gb_prudential-AR_2009 | 1,811 | The liabilities for these contracts and those of Prudential Annuities Limited, which is a subsidiary company of the PAC with-profits funds, are determined differently. For these contracts the liabilities are estimated using actuarial methods based on assumptions relating to premiums, interest rates, investment returns, expenses, mortality and surrenders. The assumptions to which the estimation of these reserves is particularly sensitive are: the interest rate used to discount the provision and the assumed future mortality experience of policyholders. | 77 | annual_report |
Sampoplc-AR_2016 | 178 | During the year If P&C has also focused on Gender Equality. The Equal Opportunites Advisory Board, started in 2015, has been active in hosting workshops in management teams and has proposed strengthening HR processes such as recruitment, succession planning and leader evaluation to further secure gender equality in the company. | 50 | annual_report |
1931 | 181 | FASB Interpretation No. 45, "Guarantor Accounting," will significantly change current practice in the accounting for, and disclosure of, guarantees. Most guarantees are to be recognized and initially measured at fair value, which is a change from current practice. In addition, guarantors will be required to make significant new disclosures, even when the likelihood of the guarantor making payments under the guarantee is remote. In general, the Interpretation applies to contracts or indemnification agreements that contingently require the guarantor to make payments to the guaranteed party based on changes in an underlying that is related to an asset, liability, or an equity security of the guaranteed party. The Interpretation's disclosure requirements are effective for financial statements of interim or annual periods ending after December 15, 2002, while the initial recognition and initial measurement provisions are applicable on a prospective basis to guarantees issued or modified after December 31, 2002. The adoption of this statement did not have a material impact on our results of operations or financial position. | 167 | 10K |
NatwestGroupPLC-AR_2005 | 2,130 | Non-trading derivatives Under previous GAAP, hedging derivatives were accounted for in accordance with the treatment of the hedged transaction. As a result any gains or losses on the hedging instrument arising from changes in fair values were not recognised in the profit and loss account immediately but accounted for in the same manner as the hedged item. The Group established such non-trading derivative positions externally with third parties and also internally. The tables below include the components of the internal hedging programme that transferred risks to the trading portfolio or to external third party participants in the derivatives market. | 99 | annual_report |
3278 | 1,579 | Finance expenses also include the amortization of debt offering costs and offering discounts and fees related to our credit facilities. | 20 | 10K |
fr_axa-AR_2015 | 3,390 | Expiry date of options 25/09/2016 13/11/2016 10/05/2017 10/05/2017 10/05/2017 24/09/2017 24/09/2017 19/11/2017 19/11/2017 01/04/2018 | 14 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2011 | 162 | in october, the agenda included issues of corporate governance, an indepth report on the development and status of ergo international, and discussion of the positioning of Munich re (nonlife reinsurance) in greater china. | 33 | annual_report |
4777 | 1,421 | ‘Contract based, Technology and Other’ includes all other purchased intangible assets. | 11 | 10K |
1929 | 1,224 | This bank facility expires April 16, 2003. It is anticipated that the letter of credit facility will be renewed on expiry, but such renewals are subject to the availability of credit from banks which we utilize. In the event such support is insufficient, we could be required to provide alternative security to cedents. This could take the form of additional insurance trusts supported by our investment portfolio | 67 | 10K |
nl_ing_grp-AR_2013 | 5,443 | Not shown. In general, similar to the IFRS sensitivity other than longevity risk in the Netherlands, for which changes to assumptions can impact available capital on a present value basis. | 30 | annual_report |
NatixisSA-AR_2020 | 7,960 | 6 months to 1 year 1 to 2 years 2 to 5 years | 13 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2012 | 1,752 | The process of preparing financial statements is performed by the Finance Division of PZU (the Accounting Office and central units operating based on applicable regulations). Finance Division of PZU is supervised by a Member of the Management Board of PZU. | 40 | annual_report |
LloydsBankingGroupPLC-AR_2006 | 1,905 | Not later than 1 year 1 1 Later than 1 year and not later than 5 years – – Later than 5 years 15 15 | 25 | annual_report |
2239 | 411 | The following table sets forth other income for the periods shown: | 11 | 10K |
ASRNederlandNV-AR_2018 | 4,375 | The interest expense on debts to group companies in 2018 is € 0.1 million (2017: € 0.1 million). | 18 | annual_report |
AvivaPLC-AR_2019 | 1,693 | Of the seven core businesses measured, five were either at or above the competitor benchmark. | 15 | annual_report |
2429 | 550 | The following table summarizes all of our contractual obligations by period as of June 30, 2004 (in thousands): | 18 | 10K |
5320 | 765 | Liquidity risk is the risk that Till is unable to meet its financial obligations as they come due. Till manages this risk by the continuous monitoring of its working capital to determine that its investments exceed its estimated obligations. | 39 | 10K |
258 | 395 | Full implementation of the restructuring plan will result in the termination of 638 employees (291 employees had been terminated as of June 30, 1995) by eliminating and consolidating duplicate administrative, information systems and sales functions. | 35 | 10K |
PosteItalianeSpA-AR_2018 | 4,632 | Losses and impairment losses/ (reversals of impairment losses) on financial assets | 11 | annual_report |
HiscoxLtd-AR_2016 | 968 | The annual bonus and share plan awards to Executive Directors are intended to be closely aligned with the Company’s short-term and long-term objectives. Performance measure targets and target setting | 29 | annual_report |
3684 | 7,184 | In January 2009, the Company undertook an action to reduce the Company’s cost structure and staffing levels due to the current economic environment. The Company severed 143 employees and incurred $2.1 million in expenses in connection with this initiative. | 39 | 10K |
PosteItalianeSpA-AR_2019 | 3,654 | If, after the date of preparation of the financial statements, an asset (or disposal group) no longer meets the conditions for classification as held for sale, it must be reclassified following measurement at the lower of: � the carrying amount before the asset (or disposal group) was classified as held for sale, adjusted for any depreciation, amortisation, impairments or reversals of impairments that would have been recognised if the asset (or disposal group) had not been classified as held for sale; � the recoverable amount, calculated at the date on which the decision not to sell was made. | 98 | annual_report |
NatixisSA-AR_2018 | 8,453 | FINANCIAL DATA Consolidated financial statements and notes 375Natixis Registration Document 2018 | 11 | annual_report |
2305 | 581 | (d)Book value per share is calculated as total stockholders' equity less the liquidation preference of our series preferred stock dividend by the total number of shares of common stock outstanding. | 30 | 10K |
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