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PhoenixGroupHoldingsPLC-AR_2020 | 1,151 | INVESTMENT ASSET EXPOSURES Further analysis was carried out to assess the climate risks within investments, the most material risk area. | 20 | annual_report |
5460 | 3,227 | During the third quarter of 2015, the Company determined that the earnings from its Brazilian insurance operations would be repatriated to the U.S. Accordingly, earnings from those Brazilian insurance operations were not considered indefinitely reinvested, and the Company recognized an income tax benefit of $3 million in “Income (loss) before equity in earnings of operating joint ventures” during 2015. During the fourth quarter of 2017, in light of and for the period after the Tax Act of 2017, the Company determined that all unremitted earnings of the Company’s foreign operations are not considered indefinitely reinvested for purposes of determining U.S. tax liability, as well as determining whether the unremitted earnings of the Company’s foreign operations are considered indefinitely reinvested for purposes of determining its foreign withholding tax liability, as described above. Prior to the enactment of the Tax Act of 2017, for the Japanese insurance operations, the Company provided for U.S. income taxes on pre-2014 U.S. GAAP earnings, post-2013 realized and unrealized capital gains, and an additional amount from Gibraltar Life and Prudential Gibraltar, not to exceed the deferred tax asset recorded in the Statement of Financial Position as of the acquisition date for Prudential Gibraltar and the Star and Edison Businesses. The Company had no change to its U.S. tax in “Income (loss) before equity in earnings of operating joint ventures” during 2017. | 224 | 10K |
1934 | 621 | FSA-insured GICs subject the Company to risk associated with early withdrawal of principal allowed by the terms of the GICs. The majority of municipal GICs insured by FSA relate to debt service reserve funds and construction funds in support of municipal bond transactions. Debt service reserve fund GICs may be drawn unexpectedly upon a payment default by the municipal issuer. Construction fund GICs may be drawn unexpectedly when construction of the underlying municipal project does not proceed as expected. In addition, most FSA-insured GICs allow for withdrawal of GIC funds in the event of a downgrade of FSA, typically below AA- by S&P or Aa3 by Moody's, unless the GIC provider posts collateral or otherwise enhances its credit. Some FSA-insured GICs also allow for withdrawal of GIC funds in the event of a downgrade of FSA below A- by S&P or A3 by Moody's, with no right of the GIC provider to avoid such withdrawal by posting collateral or otherwise enhancing its credit. The Company manages this risk through the maintenance of liquid collateral and bank liquidity facilities. | 178 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2005 | 2,099 | Swaps Notional principal amounts – – – – 100 – 100 4 | 12 | annual_report |
AegonNV-AR_2013 | 1,350 | In the first phase, Blue Square Re takes the risk; in the second phase, Blue Square Re retro-seeds the risk in the reinsurance market with some retention levels. | 28 | annual_report |
PhoenixGroupHoldingsPLC-AR_2015 | 1,176 | Phoenix Life Holdings Limited Board and associated meetings represent a taxable benefit. This position has been clarified with HMRC and the amounts shown are for reimbursed travel and accommodation expenses (and the related tax liability which is settled by the Group). | 41 | annual_report |
fr_axa-AR_2015 | 4,910 | Amortization of the value of purchased business in force (156) (228) | 11 | annual_report |
3452 | 1,179 | (2) Ambac has issued a $2.934 commitment to provide a financial guarantee on a pool of CDO of asset-backed securities, mostly RMBS, which is not included in the numbers above. | 30 | 10K |
4016 | 1,528 | Key variables used in our valuation of substantially all of our credit derivatives include the balance of unpaid notional, expected term, fair values of the underlying reference obligations, reference obligation credit ratings, assumptions about current financial guarantee CDS fee levels relative to reference obligation spreads and Ambac Assurance’s credit spread. Notional balances, expected remaining term and reference obligation credit ratings are monitored and determined by Ambac’s Surveillance Group. Fair values of the underlying reference obligations are obtained from broker quotes when available, or are derived from other market indications such as new issuance spreads and quoted values for similar transactions. Implicit in the fair values we obtain on the underlying reference obligations are the market’s assumptions about default probabilities, default timing, correlation, recovery rates and collateral values. In connection with the Proposed Settlement of all of the CDS on CDO of ABS plus certain other CDS transactions described in Note 1, additional indications of fair value were obtained from external analyses and through the negotiation process with counterparties. We considered this information in the development of our estimates of fair value as of December 31, 2009. | 186 | 10K |
AvivaPLC-AR_2009 | 3,713 | — (ii) UK non-participating funds – any available surplus held in these is attributable to shareholders. Capital in the non-profit funds may be made available to meet requirements elsewhere in the Group subject to meeting the regulatory requirements of the fund. Any transfer of the surplus may give rise to a tax charge subject to availability of tax relief elsewhere in the Group. | 63 | annual_report |
3021 | 984 | AIG transacts business in most major foreign currencies. The following table summarizes the effect of changes in foreign currency exchange rates on the growth of General Insurance net premiums written for the years ended December 31, 2006 and 2005. | 39 | 10K |
3103 | 3,741 | Market values for private, non-traded securities are determined as follows: 1) the Company obtains estimates from independent pricing services or 2) the Company estimates market value based upon a comparison to quoted issues of the same issuer or issues of other issuers with similar terms and risk characteristics. The market value of private, non-traded securities was $2.1 billion at December 31, 2006, representing 7.7% of the Company’s total invested assets. | 70 | 10K |
NatwestGroupPLC-AR_2013 | 2,122 | Lower income in 2013 compared with 2012 reflected both the strategic scaling back of the balance sheet and risk reduction in a difficult market environment. Client activity was limited by the uncertainty that surrounded the much anticipated tapering of the Federal Reserve’s programme of quantitative easing. This contrasted with 2012 when markets were boosted by the European Central Bank’s Long Term Refinancing Operation. Nevertheless, Markets’ core businesses remained resilient and continued to produce positive results. Currencies income increased significantly year on year and Corporate Debt Capital Markets reaffirmed its leading position in the GBP market. | 95 | annual_report |
201 | 57 | Other income consists primarily of fees from administrative-services-only types of group accident and health insurance contracts, and from rental of space in its administrative building to PLC. During 1994, Protective recognized approximately $8.2 million in settlement of litigation in which Protective was a plaintiff relating to an acquisition made in 1974. Other income from all other sources decreased $0.2 million in 1995 as compared to 1994. | 66 | 10K |
ch_zurich_insurance_group-AR_2018 | 1,998 | Further progress in delivering our responsible investment strategy Responsible investment is an integral part of our investment philosophy and approach. In 2018, we took further steps toward achieving our commitments. Our allocation to impact investments increased to USD 3.8 billion (see more details on our responsible investment strategy at www.zurich.com). | 50 | annual_report |
4233 | 628 | The weighted average yield on cash and invested assets represents the yield on cash and investments backing the universal life and traditional annuity products net of investment expenses. The yield also includes losses relating to our interest rate swap program for certain individual traditional annuities. With respect to our index annuities, index costs represent the expenses we incur to fund the annual index credits through the purchase of options and minimum guaranteed interest credited on the index business. The weighted average crediting rate/index cost and spread are computed excluding the impact of the amortization of deferred sales inducements and in 2009, the impact of refining certain reserve estimates. See the "Segment Information" section that follows for further discussion of our spreads. | 121 | 10K |
SwissReAG-AR_2018 | 3,877 | Annual Report Swiss Re Ltd Swiss Re Ltd (the Company), domiciled in Zurich, Switzerland, is the ultimate holding company of the Swiss Re Group. Its principal activity is the holding of investments in Swiss Re Group companies. | 37 | annual_report |
NatixisSA-AR_2009 | 208 | Mr. Vincent Bolloré * Date of birth: 04.01.1952 Natixis shares held: 1,000 | 12 | annual_report |
4636 | 962 | Premiums receivable consist primarily of premium-related balances due from policyholders. The Company considers premiums receivable as past due based on the payment terms of the underlying policy. The balance is | 30 | 10K |
Sampoplc-AR_2010 | 728 | The book value of technical provisions and the duration broken down by product and country is shown in table "Technical provisions per product and country, If P&C, 31 Dec 2010". | 30 | annual_report |
2768 | 1,331 | The seven year amortization period in regard to the issuance costs represents our best estimate of the estimated useful life of the bonds related to both the senior debentures and junior subordinated debentures described above. | 35 | 10K |
SwissLifeHoldingAG-AR_2012 | 1,571 | Financial assets designated as at fair value through profit or loss 463 –155 | 13 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2014 | 2,035 | The implemented assessment process facilitates the process of making informed decisions about rewarding and developing employees. What is more, the fact that this solution is a system guarantees that the human capital management is objective and standardised. In 2014, PZU received for the first time Top Employer Polska 2014 certificate. Being recognised as Top Employer allowed PZU to stand out as an employer of choice. It was advantageous for all of PZU stakeholders, but particularly so for its current and future employees. It was also a confirmation of the fact that PZU constitutes a high-quality work environment, which in turn results in engaged and satisfied employees. | 106 | annual_report |
AssicurazioniGeneraliSpA-AR_2015 | 1,752 | Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to offset current tax assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority. | 40 | annual_report |
PhoenixGroupHoldingsPLC-AR_2013 | 1,272 | Ignis employees’ annual incentives are financed from a defined profit pool (subject to discretion being reserved to the Remuneration Committee to adjust the percentage available). Distribution of the pool has due regard to objectives similar to those in the Group and Life company. | 43 | annual_report |
4293 | 1,584 | UTG is a holding company that has no day-to-day operations of its own. Funds required to meet its expenses, generally costs associated with maintaining the Company in good standing with states in which it does business, and the servicing of its debt are primarily provided by its subsidiaries. On a parent only basis, UTG's cash flow is dependent on management fees received from its insurance subsidiaries, stockholder dividends from its subsidiaries and earnings received on cash balances. On December 31, 2010, substantially all of the consolidated shareholders equity represents net assets of its subsidiaries. The Company's insurance subsidiaries have maintained adequate statutory capital and surplus. The payment of cash dividends to shareholders by UTG is not legally restricted. However, the state insurance department regulates insurance company dividend payments where the company is domiciled. | 133 | 10K |
5251 | 2,696 | The Company’s exposure to discontinued asbestos and run-off environmental claims arises from the following four sources: | 16 | 10K |
fr_axa-AR_2016 | 3,802 | This value does not represent a current market value, a current valuation of these options, nor does the actual proceed if and when the options are exercised. On June 6, 2016, the fair value of one option was €1.92 for options without performance conditions, €1.67 for options with performance conditions. | 50 | annual_report |
StandardLifeAberdeenPLC-AR_2020 | 387 | Fee based revenue £922m £1,027m Fee revenue yield2 38.8bps 42.8bps AUM £251.7bn £236.7bn Gross inflows £49.8bn £50.9bn Redemptions (£49.5bn) (£68.9bn) Net flows £0.3bn (£18.0bn) | 24 | annual_report |
576 | 567 | Management services revenue increased $24.9 million to $61.2 million for the year ended December 31, 1995 from $36.3 million in 1994. The increase was due to a number of factors, including new pharmacy and clinical management accounts and the acquisitions of Professional Claim Services, Inc. ("Pro-Serv") in August of 1994 and AHI Healthcare Corporation ("AHI") in February of 1995. The conversion of PPO Cost Plus members to management services arrangements also contributed to the increase. This transfer, which was completed in December 1995, did not have a material impact on net income. | 92 | 10K |
HelvetiaHoldingAG-AR_2019 | 312 | Appointments at other companies Chairman of the BoD of Coop Rechtsschutz AG, Aarau; Chairman of the BoD of Medicall AG, Brüttisellen; Chairman of the BoD of YLEX AG, Aarau; Member of the Board of Trustees of Sanitas Health Insurance, Zurich, Member of the BoD of Helsana Rechtsschutz AG; Chairman of the Employers’ Association of Basel-Stadt | 55 | annual_report |
5471 | 1,365 | The amortized cost for the Company's investments in debt and perpetual securities, the cost for equity securities and the fair values of these investments at December 31 are shown in the following tables. | 33 | 10K |
4156 | 1,042 | Likewise, the Company is sometimes named as a cross-defendant in litigation, which is principally directed against an insurer who was issued a policy of insurance directly or indirectly through the Company. Incidental actions are sometimes brought by customers or others, which relate to disputes concerning the issuance or non-issuance of individual policies. These items are also handled on a routine basis by the Company's general counsel, and they do not materially affect the operations of the Company. Management is confident that the ultimate outcome of pending litigation should not have an adverse effect on the Company's consolidated results of operations or financial position. | 103 | 10K |
StandardLifeAberdeenPLC-AR_2013 | 1,112 | Scenario charts The chart below illustrates how much the current executive Directors could earn under different scenarios for 2014. This is based on the following assumptions: • Below threshold is based on fixed pay only which includes salary, pension allowance and taxable benefits • Target includes the potential value of annual and long-term incentives which would be payable for target performance (being 50% of maximum) • Maximum shows the total remuneration receivable for maximum performance under all incentive plans • A constant share price is assumed and dividend equivalents have been ignored. | 92 | annual_report |
RaiffeisenBankInternationalAG-AR_2012 | 868 | Net provisioning for impairment losses (107) (108) (1.2)% (33) (25) 36.0% | 11 | annual_report |
NatixisSA-AR_2014 | 2,700 | (EU) No. 575/2013 or prescribed residual amount of regulation (EU) No. 575/2013 | 12 | annual_report |
1714 | 1,361 | that there will be no change in tax laws, regulations or enforcement policies of the Internal Revenue Service; that our recently completed acquisitions will be successful, and such statements do not give effect to any future acquisitions; that general economic conditions will not decline from current levels; and that our overall persistency rates will remain at levels consistent with historic levels. | 61 | 10K |
3815 | 3,848 | increase the amount of required statutory capital necessary to maintain targeted risk based capital (RBC) ratios. | 16 | 10K |
NatwestGroupPLC-AR_2007 | 5,003 | Banking. Both branches are also subject to supervisory oversight by the Federal Reserve, through the Federal | 16 | annual_report |
NatwestGroupPLC-AR_2014 | 7,818 | In own-asset securitisations, the pool of assets held by the SE is either originated by RBS, or (in the case of whole loan programmes) purchased from third parties. | 28 | annual_report |
fr_axa-AR_2017 | 5,463 | The total cost of the Performance Shares Retirement recorded as of December 31, 2017, was €14.0 million in earnings, gross of tax (€10.7 million as of December 31, 2016). | 29 | annual_report |
5030 | 868 | In April 2014, the FASB issued ASU 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." Under ASU 2014-8, only disposals that represent a strategic shift that has (or will have) a major effect on the entity's results and operations would qualify as discontinued operations. In addition, the ASU (1) expands the disclosure requirements for disposals that meet the definition of a discontinued operation, (2) requires entities to disclose information about disposals of individually significant components, and (3) defines "discontinued operations" similarly to how it is defined under International Financial Reporting Standards 2, "Non-current Assets Held for Sale and Discontinued Operations." The standard became effective in the first quarter of 2015 for public organizations with calendar year-ends. The Company adopted the standard effective in the first quarter 2015, although it had no impact on the Company's results of operations, financial condition and cash flows for the fiscal year ended December 31, 2015. | 156 | 10K |
4732 | 933 | The remainder of the cash used in or provided by financing activities in 2013, 2012, and 2011 primarily resulted from proceeds from stock option exercises and the change in book overdraft. | 31 | 10K |
fr_axa-AR_2001 | 493 | Related Party Transactions”, included elsewhere in Item 7 of this annual report. | 12 | annual_report |
1349 | 379 | The following table presents a reconciliation of the total revenues, net income, and earnings per share of the Company as previously reported as adjusted for the change in fiscal year end, combined with the results of NAC: | 37 | 10K |
HannoverRueckSE-AR_2019 | 3,484 | Breakdown of taxes on income The breakdown of actual and deferred income taxes was as follows: Income tax N 89 in EUR thousand 2019 2018 | 25 | annual_report |
ScorSE-AR_2009 | 1,268 | 16.1 page 135 Date of expiration of the current term of office 16.2 page 135 Information on service contracts of members of Administrative and Management bodies 16.3 page 135 Information on the Audit Committee and the compensation and Appointment Committee 16.4 page 136 Corporate governance regime | 46 | annual_report |
PosteItalianeSpA-AR_2019 | 732 | The CCRS also has the task of assisting the Board of Directors to evaluate and decide on sustainability. | 18 | annual_report |
NatwestGroupPLC-AR_2011 | 1,979 | Note: (1) ‘Other’ largely comprises assets covered by the standardised approach, for which a probability of default equivalent to those assigned to assets covered by the internal ratings based approach is not available. | 33 | annual_report |
4082 | 814 | As of December 31, 2009, our net insured derivative liability of $3.8 billion comprised the fair values of insured derivatives included in “Derivative assets” and “Derivative liabilities” on our consolidated balance sheet of $756 million and $4.6 billion, respectively, based on the results of the aforementioned pricing models. In the current environment the most significant driver of changes in fair value is nonperformance risk. In aggregate, the nonperformance calculation results in a pre-tax net insured derivative liability which is $14.8 billion lower than the net liability that would have been estimated if we did not include nonperformance risk in our valuation. Nonperformance risk is a fair value concept and does not contradict the Company’s internal view, based on fundamental credit analysis of our economic condition, that the Company will be able to pay all claims when due. | 137 | 10K |
INGGroepNV-AR_2009 | 3,909 | As part of its normal securities financing and derivatives trading activities, ING enters into master agreements such as ISDAs, GMRAs, etc. Under the terms contained in sections related to Minimum Threshold Amounts and Minimum Transfer Amounts of Collateral Support Annexes (CSAa) or other similar clauses, both ING and it counterparties may agree to pledge additional collateral to each other in the event that either party is downgraded by one of the established rating agencies. ING Bank has determined that under prevailing market conditions, a one notch downgrade would only have a limited effect on the amount of additional collateral that ING would be required to pledge under these agreements. However, the actual amount that ING may be required to pledge in the future may vary based on ING’s portfolio composition of both derivatives and securities pledged in securities financing transactions, market circumstances, the number of downgrade notches as well as the terms and conditions of future CSAs or other similar agreements entered into. | 163 | annual_report |
3281 | 984 | Cincinnati Financial Corporation - 2007 Annual Report on 10-K - Page 37 | 12 | 10K |
4552 | 615 | Corporate Expenses. Corporate expenses, which are general operating expenses that are not allocated to segments, were $8.8 million, $6.1 million and $5.9 million for the years ended December 31, 2012, 2011 and 2010, respectively. These increases were also primarily due to higher employee benefit plan expenses. | 46 | 10K |
fr_axa-AR_2005 | 3,559 | In 2005, AXA Financial sold its Advest Group Inc. subsidiary (part of the MONY group) for $400 million. | 18 | annual_report |
4488 | 886 | We reinvested a portion of our operating cash flows in investment securities, primarily investment-grade fixed income securities, totaling $850 million in 2011, $827 million in 2010, and $2.0 billion in 2009. Our ongoing capital expenditures primarily relate to our information technology initiatives, support of services in our Concentra and other medical facilities and administrative facilities necessary for activities such as claims processing, billing and collections, wellness solutions, care coordination, regulatory compliance and customer service. Total capital expenditures, excluding acquisitions, were $346 million in 2011, $222 million in 2010, and $185 million in 2009, with 2011 reflecting increased spending associated with growth in our primary care services and pharmacy businesses in our Health and Well-Being Services segment. Excluding acquisitions, we expect total capital expenditures in 2012 of approximately $350 million. Cash consideration paid for acquisitions, net of cash acquired, of $226 million in 2011, $833 million in 2010, and $12 million in 2009 primarily related to the Anvita and MD Care acquisitions in 2011 and the Concentra acquisition in 2010. | 169 | 10K |
ch_zurich_insurance_group-AR_2018 | 3,472 | Expense ratio is a performance measure that indicates the level of technical expenses during the period relative to net earned premiums and policy fees. It is calculated as the sum of net technical expenses and policyholder dividends and participation in profits, divided by net earned premiums and policy fees. | 49 | annual_report |
686 | 493 | * Does not include off-balance sheet assets managed by ARM Capital Advisors for institutional clients and off-balance sheet assets in the State Bond Mutual Funds. Including such assets, total assets under management at December 31, 1996 and 1995 were $7,553.0 million and $5,364.2 million, respectively. | 45 | 10K |
SwissReAG-AR_1991 | 438 | The Fidelity and Deposit Company of Maryland, Baltimore, in which the Zurich Insurance Company and Swiss Re each have a 50% shareholding, is not consolidated in the Group accounts. In a difficult economic climate the com pany achieved gross premiums of US$ 326.3 million, the same as in the previous year. With the exception of Prop erty business, which was affected by a large loss, all classes of business showed gratifying results. Following a distinct improvement on the capital markets as against the previous year, the investment result, in particular capital gains, turned out to be far better. The overall profit reached US$ 15.6 million (previous year, US$ 9.2 million). The com pany paid an unchanged dividend of US$14.0 million. | 120 | annual_report |
fr_axa-AR_2002 | 249 | – may request internal and external audits where necessary and reports the findings to the Supervisory Board. | 17 | annual_report |
3936 | 982 | Direct and ceding commission expenses. We pay direct commission expense to our producers in our insurance segment for the premiums that they generate for us. Our managing general agency also pays direct commission expense to our producers in our insurance services segment. In addition, TICNY also pays ceding commission expense to TRM’s issuing companies for the reinsurance premiums that we assume in our insurance segment. Ceding commission is typically paid on quota share reinsurance agreements, but not on excess of loss reinsurance agreements. | 83 | 10K |
2825 | 5,399 | On February 18, 2005, a complaint was filed by plaintiffs ReliaStar Life Insurance Company and ReliaStar Life Insurance Company of New York, both indirect wholly-owned subsidiaries of ING America U.S., in the Fourth Judicial District Court in Hennepin County, Minnesota, against KMG America, Kanawha, Kenneth U. Kuk, Paul Kraemer, Paul Moore and Thomas J. Gibb. Messrs. Kuk, Kraemer and Moore are officers of KMG America and former employees of the plaintiffs. Mr. Gibb is an employee of KMG America and a former employee of the Plaintiffs. The complaint alleges misappropriation of trade secrets, conversion, tortious interference with business and employment relationships, breach of fiduciary duties and breach of contract by KMG America, Kanawha and Messrs. Kuk, Kraemer, and Moore. The complaint seeks injunctive relief and unspecified monetary damages. On August 24, 2005, the plaintiffs amended their complaint to add Scott H. DeLong III and Thomas D. Sass as defendants. Messrs. DeLong and Sass are officers of KMG America and former employees of the plaintiffs. The plaintiffs’ amended complaint adds claims alleging unfair competition, interference with contractual relationships, civil conspiracy, fraudulent misrepresentations and civil theft. On August 9, 2005, a hearing was held before the court to consider plaintiffs’ motion for a temporary injunction and on August 26, 2005, the court issued a ruling denying plaintiffs’ motion. Since that date, plaintiffs have filed a notice of appeal of the court’s ruling with the Minnesota Court of Appeals. The Company believes the allegations are without merit and intends to defend the action vigorously. While the outcome of legal actions cannot be predicted with certainty, management believes the outcome of this matter will not have a material adverse effect on the Company’s consolidated financial position or results of operations; however, defense costs may have a material adverse effect on our consolidated financial position or results of operations. | 304 | 10K |
INGGroepNV-AR_2014 | 280 | November 2014, saw the start of the Single Supervisory Mechanism (SSM). The ECB took over responsibility for the supervision of the major European banks. The ECB had already prepared the ground with a comprehensive assessment of all supervised banks to test the stability of the financial system in stressed conditions. | 50 | annual_report |
ch_zurich_insurance_group-AR_2009 | 385 | For addresses and further upcoming important dates, please refer to the Shareholder information starting on page 326 (Financial calendar on page 330). | 22 | annual_report |
5445 | 848 | We engage an independent actuarial firm to render an opinion as to the reasonableness of the statutory reserves internal management establishes. During 2017 and 2016, we engaged the services of Regnier as our independent actuarial firm for the property and casualty insurance business. We anticipate that this engagement will continue in 2018. | 52 | 10K |
TopdanmarkAS-AR_2011 | 449 | Control environment The Board of Directors has adopted a working plan to ensure that at least once a year it considers the Group's: • Risk profile and policies • Organisation • Plans and budgets • Risk of fraud • Existence of internal rulings and guidelines | 45 | annual_report |
fr_axa-AR_2016 | 3,957 | Deputy Chief Executive Offi cer until August 31, 2016 and Chairman of the Board of Directors as of September 1, 2016 06/06/2016 Performance Shares | 24 | annual_report |
NatixisSA-AR_2010 | 4,684 | Financial liabilities at fair value through profi t and loss 3,405 356 2,595 3,702 264 2,377 | 16 | annual_report |
SwissReAG-AR_2007 | 974 | Swiss Re maintains effective and consistent control of the Executive Committee through the Board of Directors. The Board of Directors has a number of controlling and information-gathering mechanisms in place to monitor the handling of responsibilities it has delegated to the Executive Committee. | 43 | annual_report |
de_allianz-AR_2013 | 3,119 | iRa GLoE-SEMLER Chairwoman of the federal insurance group of ver.di Germany fRanZ HEiSS Employee of Allianz Beratungs- und Vertriebs-AG | 19 | annual_report |
PhoenixGroupHoldingsPLC-AR_2018 | 340 | IMPACT OF NEW BUSINESS? Capital-light open business New business written across our open product range is capital-light. | 17 | annual_report |
2213 | 822 | Plan is similar to the employees’ Stock Option Plan, except that the maximum number of shares that may be subject to options is 1,800,000 and the maximum number of shares that may be purchased pursuant to options granted shall not exceed 6,750 shares during any consecutive 12-month period. | 48 | 10K |
3239 | 968 | The slight increase in pre-tax operating earnings primarily was driven by higher asset fees, lower other operating expenses, additional interest spread income and increased premiums on income products, offset by increases in amortization of DAC and annuity benefits and claims. | 40 | 10K |
2894 | 1,337 | Net purchases and sales of trading securities and changes in the net receivable/payable from unsettled investment purchases and sales related to trading securities, previously classified within investing activities, have been reclassified to cash flows from operating activities. | 37 | 10K |
4066 | 1,059 | · Due to the low level of catastrophe loss events that occurred during 2009, as well as the favorable prior period development recognized during the year, Montpelier Bermuda’s gross premiums written during 2009 included a $0.7 million net reversal of reinstatement premiums whereas gross premiums written during 2008 included $21.2 million of reinstatement premiums, primarily related to Hurricane Ike. Excluding the effects of these reinstatements, gross premiums written within our Montpelier Bermuda segment decreased by approximately 6% from 2008. | 79 | 10K |
5560 | 563 | The combined ratio for our reinsurance and insurance segments was 103.2 percent in 2018, compared with 106.4 percent in 2017 and 91.9 percent in 2016. | 25 | 10K |
4502 | 1,265 | The catastrophe reinsurance program for the Life and Health Insurance and Direct segments in 2009 also includes reinsurance coverage from FHCF for hurricane losses in Florida at retentions lower than those described above. | 33 | 10K |
3827 | 1,721 | Net premiums earned decreased $6.8 million, or 3.8%, in-line with the decrease in net premiums written. | 16 | 10K |
fr_axa-AR_2002 | 2,260 | AXA France Finance Merger with AXA Banque – – 100.00 99.97 | 11 | annual_report |
AegonNV-AR_2000 | 481 | North of the border, the two partners are cooperating on VITAmerica, a pilot project targeted at serving the insurance and investment needs of the fast growing and increasingly affluent Hispanic population in the United States. | 35 | annual_report |
fr_axa-AR_2018 | 371 | In Hong Kong, the Life & Savings insurance market recorded a stable growth and remained dominated by Savings products, with sales contribution from Unit-Linked staying low in a context of stringent regulatory environment. The Property & Casualty insurance market experienced an improved growth mainly driven by General L iability and Property products. The Health insurance market continued to grow and remained competitive. | 62 | annual_report |
INGGroepNV-AR_2020 | 6,760 | — 92% of total assets covered by audit procedures performed by component auditors (2019: 90%). | 15 | annual_report |
5491 | 7,210 | (c) For additional information relating to this syndicated credit facility see Credit Facilities below. | 14 | 10K |
BeazleyPLC-AR_2018 | 44 | As the digital transformation of Beazley’s operations gathers pace, driving internal efficiencies and enhancing the experience of brokers and clients, the capability of all Beazley employees to think and act like entrepreneurs will continue to be critical. | 37 | annual_report |
5527 | 994 | There were no expenses recovered pursuant to stock purchase agreements. During 2016, there were $6.3 million in expenses recovered pursuant to stock purchase agreements. | 24 | 10K |
2257 | 160 | UNREALIZED GAINS AND LOSSES See Note 6 of the financial statements for further disclosures regarding unrealized losses on fixed income securities and factors considered in determining that they are not other than temporarily impaired. The unrealized net capital gains on fixed income securities at December 31, 2003 were $479.9 million, an increase of $26.7 million or 5.9% since December 31, 2002. Gross unrealized losses were primarily concentrated in the corporate fixed income securities and were comprised of securities in the following sectors. | 82 | 10K |
HannoverRueckSE-AR_2010 | 3,307 | The average number of staff at the companies included in the consolidated financial statement of the Hannover Re Group during the reporting period was 2,130 (1,984). | 26 | annual_report |
AegonNV-AR_2014 | 911 | Pensions The Pensions business provides a variety of full-service pension products to pension funds and companies. | 16 | annual_report |
2382 | 424 | Losses and settlement expenses incurred in 2003 totaled $271.6 million, reflecting losses and settlement expenses of $283.9 million resulting from losses that occurred in 2003 and loss redundancy of $12.3 million on losses that occurred prior to 2003. The overall loss redundancy in a majority of our lines of business more than offset the loss deficiencies in our other liability and workers’ compensation lines of business. The adverse development in our other liability line of business was due to several large claims that were reported to us in 2003. As in 2004, this line of business was negatively affected by the emergence of construction defect losses, as well as higher than anticipated legal costs. The adverse development in our workers’ compensation line of business was due to an increase in our reserves for older accident years. | 136 | 10K |
2622 | 922 | Net losses and loss expenses include current year net losses incurred and adverse or favorable development of prior year net loss and loss expenses reserves. Net losses and loss expenses in 2004 increased by 116.5% compared to 2003. The increase was primarily the result of a provision for losses of approximately $41.7 million, representing the present value of a $50.0 million loss relating to the subordinate layer of an insured project financing structure, as well as a net increase in reserves resulting from the growth in the financial guaranty in force business. Management continues to monitor its loss exposures and will revise its loss estimates as necessary, as additional information becomes available. | 112 | 10K |
2570 | 452 | Paid during 2003 Asbestos ...........$ 14 $ 83 $ 93 $ 2 Environmental ...... 5 6 33 - Products(1) ........ 705 959 - - Casualty excess(2) - - 4,523 386 | 30 | 10K |
4614 | 1,065 | The benefit reported for loss and loss settlement expenses incurred from assumed business in 2010 was the result of our process to evaluate the overall reserve adequacy of our property and casualty insurance segment. This re-estimation of reserve adequacy of our assumed business did not have a direct impact on the net income reported for our property and casualty insurance segment in 2010. | 63 | 10K |
DirectLineInsuranceGroupPLC-AR_2012 | 1,399 | • We intend to continue the practice of making LTIP grants at regular six-month intervals at the levels indicated at the IPO and applying stretching performance conditions over each award’s performance period. | 32 | annual_report |
2921 | 862 | Policyholder contract deposits consist of policy values that accrue to holders of universal life-type contracts and annuities other than portions carried in the separate accounts, discussed above. The liability is determined using the retrospective deposit method and is presented before deduction of potential surrender charges. | 45 | 10K |
4664 | 1,103 | Company believes the assumptions are appropriate based on the investment mix and long-term nature of the plan’s investments. The use of expected long-term returns on plan assets may result in recognized pension income that is greater or less than the actual returns of those plan assets in any given year. Over time, however, the expected long-term returns are designed to approximate the actual long-term returns, and therefore result in a pattern of income and cost recognition that more closely matches the pattern of the services provided by the employees. | 89 | 10K |
3782 | 1,362 | The amortized cost, fair value and related gross unrealized gains and losses on the Company’s securities classified as available for sale at December 31, 2008 and 2007 are as follows: | 30 | 10K |
2889 | 2,063 | Structured settlements have been negotiated for certain property and casualty insurance claims. Structured settlements are agreements to provide fixed periodic payments to claimants. Certain structured settlements are funded by annuities purchased from Continental Assurance Company (“CAC”) for which the related annuity obligations are reported in future policy benefits reserves. Obligations for structured settlements not funded by annuities are included in claim and claim adjustment expense reserves and carried at present values determined using interest rates ranging from 4.6% to 7.5% at December 31, 2005 and 2004. At December 31, 2005 and 2004, the discounted reserves for unfunded structured settlements were $843.0 million and $872.0 million, net of discount of $1,309.0 million and $1,367.0 million. | 114 | 10K |
5616 | 2,254 | A charge off is recorded by eliminating the allowance against the mortgage loan and recording the renegotiated loan or the collateral property related to the loan as investment real estate on the balance sheet, which is carried at the lower of the appraised fair value of the property or the unpaid principal balance of the loan, less estimated selling costs associated with the property. | 64 | 10K |
4064 | 1,156 | ASC 820, Fair Value Measurements and Disclosures (“ASC 820”) (formerly included under Statement of Financial Accounting Standards No. 157, Fair Value Measurements) includes guidance that was issued by the FASB in September 2006 that created a common definition of fair value to be used throughout generally accepted accounting principles. ASC 820 applies whenever other standards require or permit assets or liabilities to be measured at fair value, with certain exceptions. This guidance established a hierarchy for determining fair value which emphasizes the use of observable market data whenever available. It also required expanded disclosures which include the extent to which assets and liabilities are measured at fair value, the methods and assumptions used to measure fair value and the effect of fair value measures on earnings. ASC 820 also provides additional guidance for estimating fair value when the volume and level of activity for the asset or liability have significantly decreased. The emphasis of ASC 820 is that fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between willing market participants, under current market conditions. ASC 820 also further clarifies the guidance to be considered when determining whether or not a transaction is orderly and clarifies the valuation of securities in markets that are not active. This guidance includes information related to a company’s use of judgment, in addition to market information, in certain circumstances to value assets which have inactive markets. | 246 | 10K |
de_allianz-AR_2009 | 2,395 | Bifurcation Certain of the Allianz Group’s universal life-type insurance contracts include options to replicate a market index (market value liability options or “MVLO”). These options are bifurcated from the insurance contracts and accounted for as derivatives under IAS 39. | 39 | annual_report |
5946 | 619 | The principal cash inflows from our financing activities come from issuances of debt and other securities. The principal cash outflows come from repayments of debt and payments of dividends. The primary liquidity concern with respect to these cash flows is market disruption in the cost and availability of credit. We believe our current capital resources, together with cash provided from our operations, are sufficient to meet currently anticipated working capital requirements. During the year ended December 31, 2020, cash provided by (used in) financing activities decreased by $445,000 due to a $294,000 decrease year over year in cash outflows related to our repayment of our outstanding debt, as well as a $184,000 decrease year over year in our tax withholding payments related to the net settlement of equity awards. | 129 | 10K |
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