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INGGroepNV-AR_2006 | 551 | Strong commercial performance ING Direct is the world’s leading direct bank and the leading direct bank in all nine countries in which it operates. In eight of those countries, except for the US, it is also a top-10 bank overall, measured by retail funds entrusted, demonstrating how direct banking is a mass market business gaining substantial scale. | 57 | annual_report |
4877 | 1,664 | General and administrative expenses. General and administrative expenses decreased by $2.1 million, or 2.6%, for the year ended December 31, 2014 compared to the year ended December 31, 2013. The decrease was primarily due to lower compensation related costs. The general and administrative expense ratios for the years ended December 31, 2014 and 2013 | 54 | 10K |
2675 | 3,562 | In 2003, plans with a PBO in excess of the fair value of plan assets had a PBO of $3.3 billion and plan assets with a fair value of $2.2 billion, and plans with an ABO in excess of the fair value of plan assets had an ABO of $2.7 billion and plan assets with a fair value of $2.0 billion. | 61 | 10K |
fr_axa-AR_2017 | 4,386 | Shadow accounting on Value of purchased Business In force - - (105) (10) | 13 | annual_report |
Sampoplc-AR_2013 | 311 | Urzus Group AS, Chairman of the Board; FNO – Finansnæringens hovedorganisasjon, Member of BRS – Line of Business P&C Board | 20 | annual_report |
AssicurazioniGeneraliSpA-AR_2014 | 2,212 | 15 In the sensitivity analysis is assumed not to reach the defined impairment triggers. | 14 | annual_report |
gb_lloyds_banking_grp-AR_2018 | 1,969 | During the year, as well as overseeing progress against the Helping Britain Prosper Plan as a whole, the Committee focused on some major and emerging Responsible Business themes. | 28 | annual_report |
1957 | 624 | Under Statement of Financial Accounting Standards No. 115, “Accounting for Certain Investments in Debt and Equity Securities” (“SFAS No. 115”), the Company categorizes all of its investments in debt and equity securities as available for sale. Accordingly, all investments, including cash and short-term cash investments, are carried on the balance sheet at their fair value. The carrying amounts and fair values for investment securities are disclosed in Note 2 of the Notes to Consolidated Financial Statements and were drawn from standard trade data sources such as market and broker quotes. The carrying value of receivables, accounts payable and other liabilities is equivalent to the estimated fair value of those items. The notes payable are carried at their book value which is calculated as the principal less unamortized discount on the senior debt and the discounted value of future payments on the Employers Reinsurance Corporation note in the MCM transaction. The terms of the notes are discussed in Note 5 of the Notes to Consolidated Financial Statements. | 166 | 10K |
5453 | 1,968 | As of December 31, 2015 (Successor Company) and December 31, 2016 (Successor Company), net unrealized losses reported in AOCI were offset by $623.0 million and $424.1 million due to the impact those net unrealized losses would have had on certain of the Company's insurance assets and liabilities if the net unrealized losses had been recognized in net income. | 58 | 10K |
ScorSE-AR_2016 | 2,133 | The Group Actuarial Department does not intend to provide an alternative best estimate but verifies the adequacy of the assumptions and methods and processes used by the teams of SCOR Global Life to determine the Life reserves. In some cases, the Group Actuarial Department applies a global approach and calculates a confidence range in order to check that the reserves booked are within said confidence range. | 66 | annual_report |
4520 | 414 | In 2012, we generated approximately $1,362,000 of cash from operating activities. This level of cash flow from operating activities is similar to the cash flow generated from operating activities in 2011. We had net income of approximately $1,318,000 in 2012 compared to net income of $591,000 in 2011. During 2012, we paid approximately $1,110,000 in federal tax payments as compared to $95,000 in 2011. In addition to our 2012 net income, we had non-cash depreciation and amortization expense of approximately $288,000 and an increase in deferred compensation liabilities of $542,000. The increase in deferred compensation liabilities is primarily due to the 16% increase in the book value of the common shares during 2012. These sources of cash were offset by cash uses such as a decrease in the claims payable liability of approximately $665,000. A decrease in unbilled accounts receivable of approximately $2,623,000 was offset by a decrease in unearned premium revenue of $2,665,000, resulting in a net cash decrease of $42,000. This cash decrease is attributable to a decrease in unearned premium revenue received in advance. Unbilled accounts receivable and unearned premium revenue are recorded primarily as the result of non-cancelable short-term insurance contracts. Most of our contracts are one year in duration; however, we occasionally enter into multi-year contracts that tend to be for larger groups. As a result, depending on the timing of large group renewals, the unbilled accounts receivable and unearned premium revenue can experience large fluctuations from period to period. | 245 | 10K |
2152 | 900 | . the impact of each of the factors described under Results of Operations- Lorillard in the MD&A portion of this report; | 21 | 10K |
4867 | 2,590 | The majority of the Company’s reinsurance recoverables and payables are associated with the reinsurance arrangements used to effect the Company’s acquisition of the retirement businesses of CIGNA and The | 29 | 10K |
NatixisSA-AR_2018 | 875 | Chairman of the Board of Directors of Banque du Léman (Switzerland)a (since 30/11/2018) | 13 | annual_report |
2346 | 736 | During the first quarter 2005, Merrill Lynch Life will transition the policy administration of its inforce life insurance contracts to an unaffiliated third party service provider, which is considered a leading provider of insurance products administration services. Merrill Lynch Life remains committed to the delivery of high quality services for all life insurance contracts inforce. | 55 | 10K |
SwissReAG-AR_1995 | 727 | Each year we publish our own considerations on global risks. You can take advantage of our specialised knowledge by ordering our publications free of charge. | 25 | annual_report |
fr_axa-AR_2013 | 9,002 | ■ Proportion of part-time salaried non-sales force 12.1 % 12.5 % | 11 | annual_report |
4568 | 876 | Investment Yields. We use investment yield rates based on yields available at the time a policy is issued. For policies issued in 2010 and after, we have been using an increasing interest rate assumption to reflect the historically low interest rate environment. Both DAC and the reserve liability increase with the assumed investment yield rate. Since DAC is higher than the reserve liability in the early years of a policy, a lower assumed investment yield generally will result in lower profits. In the later years, when the reserve liability is higher than DAC, a lower assumed investment yield generally will result in higher profits. These assumed investment yields, which like other pricing assumptions are locked in at issue, impact the timing but not the aggregate amount of DAC and reserve changes. Actual investment yields will impact net investment income allocated to the Term Life Insurance segment, but will not impact DAC or the reserve liability. | 155 | 10K |
4736 | 1,941 | The discount rate used in determining the projected benefit obligations for the postretirement plan is selected by reference to the year-end Moody’s corporate AA rate, as well as other high-quality indices with similar duration to that of the benefit plans. The rate used for the projected plan benefit obligations at the measurement date for December 31, 2013 and 2012 was 4.75% and 4.00%, respectively. | 64 | 10K |
AegonNV-AR_2015 | 4,093 | The increase is mainly driven by the sale of La Mondiale, Canada, Clark Consulting and 7IM. This increase is partly offset by the acquisition of Mercer and a 25% stake in La Banque Postale Asset Management. | 36 | annual_report |
AvivaPLC-AR_2019 | 2,716 | As explained in accounting policy L, provisions for latent claims are discounted, using rates based on the relevant swap curve, in the relevant currency at the reporting date, having regard to the duration of the expected settlement of the claims. The discount rate is set at the start of the accounting period, with any change in rates between the start and end of the accounting period being reflected below Group adjusted operating profit as an economic assumption change. The range of discount rates used is disclosed in note 44. | 89 | annual_report |
3716 | 464 | The following summarizes net realized investment gains and losses for the years ended December 31, 2008, 2007 and 2006 (in thousands): | 21 | 10K |
5294 | 1,366 | entities ("VIEs"); however, we are not the primary beneficiary of any of these investments. As such, the adoption had no | 20 | 10K |
gb_lloyds_banking_grp-AR_2017 | 2,565 | The fixed share award, made annually, delivers Lloyds Banking Group shares over a period of five years. Its purpose is to ensure that total fixed remuneration is commensurate with the role, responsibilities and experience of the individual; provides a competitive reward package; and is appropriately balanced with variable remuneration, in line with regulatory requirements. The fixed share award can be amended or withdrawn in the following circumstances: – to reflect a change in role; – to reflect a Group leave policy (e.g. parental leave or sickness absence); – termination of employment with the Group; – if the award would be inconsistent with any applicable legal, regulatory or tax requirements or market practice. | 112 | annual_report |
SwissReAG-AR_2020 | 224 | growth of global health data volumes annually (Source: International Data Corp.) | 11 | annual_report |
1765 | 260 | Total revenues in this segment decreased in 2001 and increased in 2000 primarily as a result of the large number of surrenders from the whole life and deferred annuity policies assumed as part of the Toho Transfer in 2000. However, this decrease was partially offset, by the Company's growth in structured settlement products and increased demand for certain annuity products and guaranteed investment contracts and funding agreements. Sales of deferred fixed annuities grew 41.2% to $3,147 million in 2001 from $2,229 million in 2000. The higher sales in 2001 were primarily attributable to a shift in product mix from variable to fixed products. Sales of guaranteed investment contracts and funding agreements increased 44.6% in 2001 to $3,464 from $2,395 in 2000. Sales of variable annuities decreased 26.0% in 2001 to $2,272 million from $3,071 million in 2000. | 137 | 10K |
3613 | 988 | The Lloyd’s Operations recorded $4.5 million of net prior years’ savings, which included $1.1 million related to a loss commutation for the 1999 to 2002 years, with the balance spread across several lines of business in the 2002 to 2004 years. | 41 | 10K |
DirectLineInsuranceGroupPLC-AR_2018 | 2,733 | Revaluation during the year – gross (121.4) 8.8 Revaluation during the year – tax 20.6 (1.5) Realised gains – gross (19.5) (23.2) Realised gains – tax 3.3 4.0 172 DIRECT LINE GROUP 2018 ANNUAL REPORT & ACCOUNTS | 37 | annual_report |
3197 | 7,145 | Includes pre-tax charge of $9.5 million related to environmental liabilities associated with the Company's former manufacturing operations. See Note M to the Financial Statements. | 24 | 10K |
SwissReAG-AR_2012 | 1,450 | ̤ Appoints the members of the Group Executive Committee (Group EC) | 11 | annual_report |
2855 | 700 | Net (losses) gains on securities sold are generated as a result of the ongoing management of the investment portfolio. Foreign exchange gains and losses primarily resulted from sales and maturities of long-term foreign currency denominated securities in 2005, 2004 and 2003. | 41 | 10K |
3661 | 2,231 | The completion factors and loss ratio estimates in the most recent incurral months are the most significant factors affecting the estimate of the claim liability. The Company believes that the greatest potential for variability from estimated results is likely to occur at its SEA Division. The following table illustrates the sensitivity of these factors and the estimated impact to the December 31, 2008 unpaid claim liability for the SEA Division. We believe that the scenarios selected are reasonable based on the Company’s past experience, however, future results may differ. | 89 | 10K |
NatixisSA-AR_2020 | 2,291 | The risk appetite framework forms part of Natixis’ main processes, especially regarding: risk identification: every year risks are mapped to give an overviewV of the risks to which Natixis is or could be exposed (by business line and type of risk). With this approach it is possible to identify material risks, the indicators of which are included in the risk appetite framework; the budget process and overall stress tests.V | 69 | annual_report |
5128 | 2,188 | We have concluded that we are the primary beneficiary with respect to certain VIEs, which are consolidated in our financial statements. In consolidating the VIEs, we consistently use the financial information most recently distributed to investors in the VIE. | 39 | 10K |
5852 | 366 | As of December 31, 2019, the Company consolidated one real estate joint venture for which it was identified as the primary beneficiary under the VIE model. The consolidated entity was jointly owned by Equitable Financial and AXA France and holds an investment in a real estate venture. Included in other invested assets in the Company’s consolidated balance sheets as of December 31, 2019 were total assets of $32 million related to this VIE, primarily resulting from the consolidated presentation of this real estate joint venture as real estate HFS. This real estate joint venture investment was disposed as of December 31, 2020. | 102 | 10K |
fr_axa-AR_2016 | 8,310 | Most of the awards granted in 2015 and in 2016 contained the same conditions as awards amended in 2011, resulting in the immediate recognition of the cost of these awards instead of an amortization over a maximum of four years. | 40 | annual_report |
5516 | 1,832 | certain reinsured blocks tested separately. If the liability for future policy benefits plus the current present value of expected future premiums are less than the current present value of expected future benefits and expenses (including any unamortized DAC), a charge to income (loss) is recorded for accelerated DAC amortization and, if necessary, a premium deficiency reserve is established. If a charge is recorded, DAC amortization and the liability for future policy benefits are measured using updated assumptions, which become the new locked-in assumptions utilized going forward unless another premium deficiency charge is recorded. Our estimates of future in-force rate actions used in loss recognition testing for our long-term care insurance business include assumptions for significant premium rate increases and associated benefit reductions that have been approved or are anticipated to be approved (including premium rate increases and associated benefit reductions not yet filed). These anticipated future increases are based on our best estimate of the rate increases we expect to obtain, considering, among other factors, our historical experience from prior rate increase approvals and based on our best estimate of expected claim costs. | 183 | 10K |
5920 | 1,957 | The following table presents earnings (loss) before income taxes by jurisdiction attributable to continuing operations, including earnings from equity method investments, for the years ended December 31, 2020, 2019 and 2018: | 31 | 10K |
NatixisSA-AR_2014 | 2,132 | Stress test system V Credit stress test V Market stress test | 11 | annual_report |
2456 | 1,352 | The Company’s holdings in other long-term investments totaled $166.5 and $40.2 as of December 31, 2004 and 2003, respectively. | 19 | 10K |
ScorSE-AR_2015 | 701 | Consistently with the AFEP-MEDEF Governance Code, the Executive director should not hold more than two other directorships in listed corporations, including foreign corporations, not affiliated with the SCOR Group. Moreover, he also seeks the opinion of the Board before accepting a new directorship in a listed company. | 47 | annual_report |
5788 | 1,667 | There are no regulatory restrictions that limit the payment of dividends by RGA, except those generally applicable to Missouri corporations. Dividends are payable by Missouri corporations only under the circumstances specified in The General and Business Corporation Law of Missouri. RGA would not be permitted to pay common stock dividends if there is any accrued and unpaid interest on its subordinated debentures and its junior subordinated debentures. Furthermore, the ability of RGA to pay dividends is dependent on business conditions, income, cash requirements of the Company, receipt of dividends from its subsidiaries, financial covenant provisions and other relevant factors. | 99 | 10K |
gb_lloyds_banking_grp-AR_2014 | 5,191 | Aggregate contributions in respect of key management personnel to defined contribution pension schemes were £0.1 million (2013: £0.2 million; 2012: £0.1 million). | 22 | annual_report |
5622 | 1,392 | For the year ended December 31, 2017, our gross premiums written increased by $156.6 million, or 29.2%, compared to the same period in 2016. | 24 | 10K |
5281 | 2,118 | AFG’s net spread earned on fixed annuities increased 0.43 percentage points to 1.82% from 1.39% in the fourth quarter of 2016 compared to the same period in 2015 due primarily to the net impact of changes in the fair value of derivatives and related DPAC amortization offset discussed above and the 0.17 percentage points increase in AFG’s net interest spread. | 60 | 10K |
318 | 288 | C. LEN PECCHENINO became a director of the Company in May 1988 and was elected as Chairman in June 1994. He served as the Company's Chief Executive Officer from September 1991 to February 1992 and as the President and Chief Executive Officer from February 1994 to May 1994. He also served as the Chairman from | 55 | 10K |
3876 | 7,562 | Also, in our opinion, Kansas City Life Insurance Company and subsidiaries maintained, in all material respects, effective internal controls over financial reporting as of December 31, 2008, based on criteria established in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). | 49 | 10K |
gb_lloyds_banking_grp-AR_2013 | 4,719 | Liabilities – Insurance and participating investment contracts in the Group’s with-profit funds liabilities of the Group’s with-profit funds, including guarantees and options embedded within products written by these funds, are stated at their realistic values in accordance with the Prudential Regulation Authority’s realistic capital regime, except that projected transfers out of the funds into other Group funds are recorded in the unallocated surplus (see below). Further details on the realistic capital regime are given on page 187. Changes in the value of these liabilities are recognised in the income statement through insurance claims. | 93 | annual_report |
4615 | 397 | Below is a description of our 2012-2013 reinsurance program. Although the terms of the individual contracts vary, we believe the overall terms of the 2012-2013 reinsurance program are more favorable than the 2011-2012 reinsurance program as reinsurance pricing remained largely the same as the prior year contracts while direct earned premium is expected to increase as a result of the previously approved and expected future rate increases. We also reduced the percentage of premiums ceded by UPCIC to its quota share reinsurer to 45% under the reinsurance program which became effective June 1, 2012, from 50% under the prior year quota share contract effective June 1, 2011 through May 31, 2012. Our intent is to increase profitability over the contract term by ceding 5% less premium to our quota share reinsurer. This reduction of cession rate also decreases the amount of losses and loss adjustment expenses that may be ceded by UPCIC and effectively increases the amount of risk we retain. The reduction of cession rate also reduces the amount of ceding commissions earned from our quota share reinsurer during the contract term. We also eliminated the loss corridor and the cap on loss adjustment expenses in the quota share contract effective June 1, 2012. | 205 | 10K |
SwissReAG-AR_2009 | 1,373 | Adjustable-rate mortgages have no agreed maturity dates. The basic preferential interest rates equal the corresponding interest rates applied by the Zurich Cantonal Bank minus one percentage point. To the extent that fixed or adjustable interest rates are preferential, such values have been factored into the compensation sums given to the governing body members. | 53 | annual_report |
5520 | 687 | During 2018, we voluntarily changed our accounting policy for low income housing tax credit (LIHTC) investments from the equity method to the proportional amortization method. We believe the proportional amortization method is preferable because it better reflects the economics of an investment that is made for the primary purpose of receiving tax credits and other tax benefits and is consistent with the accounting method used by most life insurance companies who have disclosed their accounting policies for LIHTC investments. In addition to a change in the timing of the recognition of income or loss on LIHTC investments, there are also differences in how these investments are reported within our consolidated financial statements. The unamortized cost of the LIHTC investments is now reflected in the "Other asset" line instead of the "Securities and indebtedness of related parties" line on the consolidated balance sheets and income/expense from LIHTC investments is now reflected in the "Income taxes" line instead of the "Equity income" line on the consolidated statements of operations. | 167 | 10K |
RaiffeisenBankInternationalAG-AR_2015 | 846 | Net gains (losses) on financial assets available-for-sale 82,418 21,411 75,640 21,577 6,778 (166) | 13 | annual_report |
BaloiseHoldingLtd-AR_2003 | 1,179 | Additions due to changes in composition of consolidated Group 0.2 84.5 | 11 | annual_report |
5494 | 820 | Net cash used by operating activities increased for the year ended December 31, 2017 compared with 2016 primarily due to an increase in losses and LAE paid of $417 million and a decrease in investment income received of $70 million. Net cash used by operating activities increased for the year ended December 31, 2016 compared with 2015 primarily due to an increase in loss and LAE payments of $113 million and a decrease in investment income received of $35 million, partially offset by a decrease in interest paid of $30 million and an increase in premiums, fees and reimbursements received of $20 million. | 103 | 10K |
5538 | 3,120 | Securities regulations became effective in 2005 that impose enhanced disclosure requirements on issuers of ABS (including mortgage-backed securities). To allow our customers to comply with these regulations at that time, we typically were required, depending on the amount of credit enhancement we were providing, to provide: (i) audited financial statements for the insurance subsidiary participating in the transaction or (ii) a full and unconditional holding company-level guarantee for our insurance subsidiaries’ obligations in such transactions. Radian Group has guaranteed two structured transactions for Radian Guaranty involving $87.8 million of remaining credit exposure as of December 31, 2018. | 97 | 10K |
4343 | 790 | The following table sets forth the scheduled maturities of our fixed maturity securities at December 31, 2011 based on their fair values (in thousands). Actual maturities may differ from contractual maturities because certain securities may be called or prepaid by the issuers. | 42 | 10K |
5936 | 1,532 | In re Financial Oversight and Management Board for Puerto Rico (United States District Court, District of Puerto Rico, No. 1:17-bk-03283), Ambac Assurance Corporation, Financial Guaranty Insurance Company, Assured Guaranty Corp., Assured Municipal Corp., and the Bank of New York Mellon’s Motion Concerning Application of the Automatic Stay to the Revenues Securing the CCDA Bonds (Dkt. No. 10104, filed January 16, 2020) (“PRCCDA Stay Motion”). Pursuant to an order of the District Court setting out an agreed schedule for litigation submitted by the Mediation Team, on January 16, 2020, AAC, together with Financial Guaranty Insurance Company, Assured Guaranty Corp., Assured Municipal Corp., | 101 | 10K |
4998 | 916 | Consolidated Statements of Shareholders' Equity for the Years Ended December 31, 2014 and 2013 | 14 | 10K |
4679 | 1,748 | Quantitative information regarding significant unobservable inputs used in Level 3 valuation of assets and liabilities measured and recorded at fair value is as follows: | 24 | 10K |
926 | 254 | Health Premiums Health premiums within the Reinsurance segment increased $62.6 million or 11% in 1998 after decreasing $218.0 million or 28% in 1997. The 1997 reduction included planned cut backs in the level of business. | 35 | 10K |
AvivaPLC-AR_2015 | 883 | In 2015 we agreed a new global disaster response and resilience partnership with the British Red Cross. We are bringing our experience of managing risks to the partnership and we are working together to build community resilience at a local level. Additionally, during 2015 Aviva matched employee donations to global disasters such as the Nepal Earthquake and the European refugee crisis. Together we contributed over £135,000. | 66 | annual_report |
NatixisSA-AR_2017 | 4,752 | Level 3 comprises instruments measured using unrecognized models and/or models based on non-observable market data, where they are liable to materially impact the valuation. This mainly includes: unlisted shares whose fair value could not be determined usinga observable inputs; Private Equity securities not listed on an active market,a measured at fair value with models commonly used by market participants, in accordance with International Private Equity Valuation (IPEV) standards, but which are sensitive to market fluctuations and whose fair value determination necessarily involves a judgment call; structured or representative of private placements, held by thea insurance business line; hybrid interest rate and currency derivatives and credita derivatives that are not classified in Level 2; instruments with a deferred day-one margin;a shares of UCITS for which the fund has not published a recenta NAV at the valuation date, or for which there is a lock-up period or any other constraint calling for a significant adjustment to available market prices (NAV, etc.) in respect of the low liquidity observed for such shares; instruments carried at fair value on the balance sheet and fora which data are no longer available due to a freeze in trading in the wake of the financial crisis, which were not reclassified as “Loans and receivables” pursuant to the amendment to IAS 39 and IFRS 7 published on October 13, 2008 (see below). When there is a significant drop in trading in a given market, a valuation model is used based on the only available relevant data. | 248 | annual_report |
4545 | 1,150 | The preparation of financial statements in conformity with generally accepted accounting principles in the United States, or GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Future events and their effects cannot be predicted with certainty; accordingly, the accounting estimates require the exercise of judgment. The accounting estimates used in the preparation of the consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the operating environment changes. The Company evaluates and updates its assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, as considered necessary. Actual results could differ from those estimates. | 146 | 10K |
5887 | 931 | During the years ended December 31, 2020, 2019 and 2018, the Company recorded $271, $464 and $433 of interest expense, respectively, associated with the Subordinated Notes. | 26 | 10K |
5557 | 962 | The maximum amount available during 2019 for AGC to distribute as ordinary dividends is approximately $123 million, of which approximately $42 million is available for distribution in the first quarter of 2019. | 32 | 10K |
2844 | 1,475 | (1) Operating revenues exclude net realized investment gains (losses) and revenues from discontinued operations. Operating income (loss) equals net income (loss) excluding the after-tax impact of net realized investment gains (losses) and the after-tax impact of discontinued operations. | 38 | 10K |
HannoverRueckSE-AR_2015 | 2,207 | The carrying amounts of the financial assets at fair value through profit or loss correspond to their fair values including accrued interest. | 22 | annual_report |
790 | 619 | * does not include 497,538 and 643,311 additional third- party administrator members as of December 31, 1997 and 1996, respectively, that are part of The EPOCH Group, L.C., a joint venture with Blue Cross and Blue Shield of Kansas City formed in December 1995. | 44 | 10K |
StandardLifeAberdeenPLC-AR_2008 | 188 | NBC Expected return and development costs Non-life £264m £400m £21m £345m £395m £51m | 13 | annual_report |
5594 | 3,450 | A valuation allowance has been recorded against deferred tax assets related to state and local taxes and foreign operations. Adjustments to the valuation allowance are made to reflect changes in management’s assessment of the amount of the deferred tax asset that is realizable and the amount of deferred tax asset actually realized during the year. The valuation allowance includes amounts recorded in connection with deferred tax assets as follows: | 69 | 10K |
AegonNV-AR_2002 | 693 | Independent and employee agents, marketing companies, financial institutions, broker-dealers, wirehouses, affinity groups, direct response, worksite marketing, institutional intermediaries | 18 | annual_report |
NatixisSA-AR_2006 | 3,070 | These banks, as well as Crédit Agricole S.A., also fi led complaints with the Conseil d’Etat between February 17 and July 4, 2006 in order to have overturned the administrative decision of the Prime Minister that rejected their respective requests to suspend the provisions of Articles R. 221-1 to R. 221-27, D. 221-28 to D. 221-31 and R. 518-46 to R. 518-55 of the French Monetary and Financial Code, relating to the Livret A, including the article setting the mechanism for compensation of the Caisses d’Epargne for distributing the Livret A. CNCE submitted its observations on these complaints to the Conseil d’Etat on January 10, 2007. Its observations show in particular that the special right to distribute the Livret A savings account is in accordance with the freedom of establishment, does not entail any government aid and does not allow for automatic abuse of a dominant market position. | 148 | annual_report |
5864 | 1,010 | We allocate a portion of our management fee revenue, currently 25% of the direct and affiliated assumed written premiums of the Exchange, between the two performance obligations we have under the subscriber’s agreement. The first performance obligation is to provide policy issuance and renewal services to the subscribers (policyholders) at the Exchange, and the second is to act as attorney-in-fact on behalf of the Exchange, as well as the service provider for its insurance subsidiaries, with respect to all administrative services. The transaction price, including management fee revenue and administrative service reimbursement revenue, is allocated based on the estimated standalone selling prices developed using industry information and other available information for similar services. We update the transaction price allocation annually based upon the most recent information available or more frequently if there have been significant changes in any components considered in the transaction price. In 2020, we reviewed the transaction price allocation quarterly to consider the most current economic conditions related to the COVID-19 pandemic. The reviews resulted in no material change to the allocation. | 175 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2007 | 2,539 | Development of gross provision for future policy benefi ts €m 2007 Prev. year | 13 | annual_report |
2188 | 908 | Significantly improved results of our Individual Life and Annuities segment reflecting improved results of our annuities operations, including $167 million in pretax adjusted operating income in 2003 from the American Skandia operations acquired during the year. | 36 | 10K |
3257 | 961 | Total revenues for the year ended December 31, 2005 were $171.3 million compared with $142.9 million for the year ended December 31, 2004 primarily reflecting increases in both net premiums earned and net investment income. | 35 | 10K |
4045 | 1,128 | Depreciation and amortization is computed using the straight-line method over the estimated useful lives of fixed assets as follows: | 19 | 10K |
5179 | 841 | We are unable to reasonably quantify the impact of changes in our key assumptions utilized to establish individual case-basis reserves on our total reported reserves because the impact of these changes would be unique to each specific case-basis reserve established. However, based on historical experience, we believe that aggregate case-basis reserve volatility levels of 5.0 percent and 10.0 percent can be attributed to the ultimate development of our net case-basis reserves. The impact to pre-tax earnings would be a decrease if the reserves were to be adjusted upwards and an increase if the reserves were to be adjusted downwards. The table below details the impact of this development volatility on our reported net case-basis reserves at December 31, 2015: | 119 | 10K |
4396 | 893 | The carrying value of fixed maturity investments that did not produce income during 2011 and 2010 was $11.9 and $13.0 at December 31, 2011 and 2010, respectively. | 27 | 10K |
NatixisSA-AR_2014 | 6,067 | The main defi ned-contribution plans available to Natixis employees are operated in France. They include the mandatory pension scheme and the national schemes AGIRC and ARRCO. | 26 | annual_report |
TrygAS-AR_2007 | 1,078 | mentioned, innovation will be a larger and larger part of our mindset. We develop new ways of servicing customers, new products and new initiatives that reinforce profitable growth. Providing – that is clearly my focus for the year ahead. TrygVesta’s vision to provide peace of mind applies to our customers, shareholders, employees and society at large – all four perspectives are included. A | 63 | annual_report |
gb_lloyds_banking_grp-AR_2015 | 1,812 | A summary of transactions undertaken in the year, including share plan awards vested plus open market purchases and sales made by Directors, is shown on page 102. | 27 | annual_report |
1892 | 743 | Effective May 1, 2002, the Directors of American Commerce voted to terminate that portion of the American Commerce noncontributory post- retirement benefit plan (the "post-retirement plan") applicable to future retirees. The post-retirement plan provides benefits for retirees that include medical, dental and life insurance coverages. Retirees at May 1, 2002 and employees who retired prior to that date remained eligible for post-retirement benefits. Dental coverage ceases at age 65 and life insurance coverage decreases based upon the age of the participant until the attainment of age 70 and thereafter. Participants' spouses are also covered under the post-retirement plan. The cost of post-retirement medical, dental and life insurance benefits was accrued over the active service periods of employees to the date they attained full eligibility for such benefits. It is the policy of American Commerce to pay for post- retirement benefits as incurred. | 142 | 10K |
RSAInsuranceGroupPLC-AR_2017 | 2,801 | Held for sale valuation adjustment 30 – – 1 – 31 | 11 | annual_report |
RSAInsuranceGroupPLC-AR_2020 | 3,402 | © 2020 Friend Studio Ltd File name: Notes_30_to_end_NEW_v21 Modification Date: 9 March 2021 12:19 pm 47) Other commitments Capital commitments The Group’s significant capital commitments in respect of investment property, property and equipment and intangible assets are detailed in the table below: 2020 £m 2019 £m | 46 | annual_report |
2391 | 1,919 | Under these principles, we may have two types of “impaired” loans: loans requiring specific allowances for losses (none as of December 31, 2004 and 2003) and loans expected to be fully recoverable because the carrying amount has been reduced previously through charge-offs or deferral of income recognition ($7 million and $5 million, as of December 31, 2004 and 2003, respectively). | 60 | 10K |
3549 | 1,231 | One of the significant estimates related to available-for-sale securities is the evaluation of investments for other-than-temporary impairments. The assessment of whether impairments have occurred is based on management’s case-by-case evaluation of the underlying reasons for the decline in fair value. The Company’s review of its fixed maturity and equity securities for impairments includes an analysis of the total gross unrealized losses by three categories of securities: (i) securities where the estimated fair value had declined and remained below cost or amortized cost by less than 20%; (ii) securities where the estimated fair value had declined and remained below cost or amortized cost by 20% or more for less than six months; and (iii) securities where the estimated fair value had declined and remained below cost or amortized cost by 20% or more for six months or greater. Additionally, management considers a wide range of factors about the security issuer and uses its best judgment in evaluating the cause of the decline in the estimated fair value of the security and in assessing the prospects for near-term recovery. Inherent in management’s evaluation of the security are assumptions and estimates about the operations of the issuer and its future earnings potential. Considerations used by the Company in the impairment evaluation process include, but are not limited to: | 215 | 10K |
de_allianz-AR_2006 | 592 | Conversely, in the United States, statutory premiums declined significantly by 21.2% to € 8,758 million. This development is primarily attributable to challenges faced by our sales channels in response to the NASD’s1) | 32 | annual_report |
LloydsBankingGroupPLC-AR_2016 | 431 | In 2016 our UK-based team was responsible for financing renewable projects with a combined capacity of more than 1.78GW. Globally, our investments in renewable energy are in excess of 7.4GW in capacity and cover solar, offshore and onshore wind, waste to energy and biomass. | 44 | annual_report |
5551 | 704 | We have an annually renewable agreement with a commercial bank for a $1,000,000 working capital line of credit. Interest is payable at a variable rate of LIBOR plus 2.50%. The Company did not have any interest expense for the line of credit in 2018, 2017 or 2016. As of December 31, 2018 and 2017, there was no amount outstanding on this line of credit. | 64 | 10K |
LloydsBankingGroupPLC-AR_2001 | 879 | The effect of this change on the profit and loss account for the year ended 31 December 2001 has been to increase other operating income by £77 million (2000: £58 million), increase the charge for bad and doubtful debts by £84 million (2000: £66 million), increase amounts written off fixed asset investments by £38 million (2000: £18 million) and to reduce profit before tax by £45 million (2000: £26 million). Loans and advances have been reduced by £294 million (2000: £312 million), debt securities have increased by £657 million (2000: £723 million) and shareholders’ funds have increased by £254 million (2000: £287 million). In addition, certain sundry assets and liabilities have been reclassified. 2000 comparative figures have been restated. | 119 | annual_report |
4694 | 1,098 | Deferred policy acquisition costs represent those costs that are incremental and directly related to the successful acquisition of new or renewal of existing insurance contracts. We defer incremental costs that result directly from, and are essential to, the acquisition or renewal of an insurance contract. | 45 | 10K |
StorebrandASA-AR_2020 | 3,400 | Discount rate Expected earnings growth Expected annual increase in pensions payment Expected annual increase in pensions payment | 17 | annual_report |
ch_zurich_insurance_group-AR_2004 | 2,274 | There are no arrangements whereby any of the Directors of Zurich Financial Services serve on another company’s board in return for Zurich Financial Services agreeing that any of that other company’s directors serve on the Board of Zurich Financial Services. | 40 | annual_report |
HiscoxLtd-AR_2005 | 98 | Hiscox Europe Hiscox Europe has repaid the support we have given it. It made pretax profits of £3.0 million (2004: £1.4 million), with a combined ratio of 99.7 per cent (2004: 103.2 per cent) and revenues of £55.0 million (2004: £55.7 million). These good results have been at the expense of top line growth as in 2005 our focus has been on improving the underwriting and reducing operational costs. Having achieved that, in 2006 we can concentrate on growth. | 79 | annual_report |
INGGroepNV-AR_2009 | 467 | This was mainly due to very unfavourable market conditions, which led to EUR 1,076 million in negative fair value changes on the direct and indirect real estate investments and impairments to an amount of EUR 619 million compared with EUR 663 million and EUR 60 million respectively in 2008. Excluding revaluations and impairments, underlying result before tax decreased by EUR 120 million from EUR 426 million in 2008 to EUR 306 million in 2009. This lower result is mainly due to lower transaction volumes. | 84 | annual_report |
5911 | 527 | We may repurchase shares from time to time at our discretion, based on ongoing assessments of our capital needs, the market price of our common stock and general market conditions. We will fund the share repurchase program with cash from operations. | 41 | 10K |
3053 | 986 | In certain cases, the Company also manages credit risk through collateral agreements that give the Company the right to hold or the obligation to provide collateral when the current market value of certain derivative contracts exceeds an exposure threshold. Under these arrangements, the Company may receive or provide U.S. Treasury and other highly rated securities or cash to secure | 59 | 10K |
2931 | 307 | During the fourth quarter of 2004, the Company reached agreement with the claimant on a bond regarding certain aspects of the claim resolution. The bond was originally written by an affiliate and assumed by one of the Company's insurance subsidiaries pursuant to the Quota Share Treaty. As part of this agreement, the Company deposited $32.7 million with the affiliate in 2005 to enable the affiliate to establish a trust to fund future payments under the bond. This deposit is included on the Company's Consolidated Balance Sheets as "Deposit with affiliated ceding company". This claim was previously fully reserved. The Company is entitled to the interest income earned by the trust. | 110 | 10K |
NatwestGroupPLC-AR_2015 | 4,685 | • UK PBB: mortgage growth of £9.3 billion was the principal driver of the £7.4 billion gross lending increase in 2015 and £13.1 billion increase in the last two years reflecting strategy and investment. Unsecured balances continued to decline gradually, albeit at a much slower rate. | 46 | annual_report |
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