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5804
1,275
Restricted Stock: Restricted stock grants consist of time-vested grants, restricted stock units, and performance shares. Time-vested restricted stock is available to both senior executives and directors. The employee grants generally vest over five years and the director grants vest over six months. Restricted stock un...
86
10K
5765
1,317
RSUI reinsures its property lines of business through a program consisting of surplus share treaties, facultative placements, and per risk and catastrophe excess-of-loss treaties. RSUI’s catastrophe reinsurance program and property per risk reinsurance program each run on an annual basis from May 1 to the following Apr...
71
10K
Sampoplc-AR_2000
2,163
The reports will be published on 31 May, 21 August and 20 November.
13
annual_report
HannoverRueckSE-AR_2010
993
Limit and threshold system for the material risks of the Hannover Re Group
13
annual_report
nl_ing_grp-AR_2012
3,550
For financial risks a sequence of different risk appetite frameworks are implemented to address the most significant risks. This implies that a whole framework of credit risk limits is in place that monitors the overall quality of the ING Bank credit portfolio, but also of all the underlying portfolios. In addition, sp...
151
annual_report
2448
7,122
In November 2003, the Company issued $112.5 million principal amount of 7-1/2%, 30- year Senior Debentures, using the majority of the proceeds to pay down all of the remaining amounts borrowed under its bank credit line.
36
10K
HelvetiaHoldingAG-AR_2006
87
Targeted risk management and effective financial management Risk management is one of the Group’s core competencies. It is another area in which we are committed to achieving top results for investors and policyholders. Our demands are correspondingly high. The need for up-to-date information relevant to management in ...
59
annual_report
1547
939
Included in The Hartford's analysis of environmental and asbestos exposures was a review of applicable reinsurance coverage. Reinsurance coverage applicable to the sample was used to estimate the reinsurance coverage that applied to the balance of the reported environmental and asbestos claims and to the IBNR estimates...
47
10K
HannoverRueckSE-AR_2012
1,537
The amendments to IAS 1 are to be applied to financial years beginning on or after 1 July 2012. It is envisaged that the amended IAS 19 will be applicable for the first time to financial years beginning on or after 1 January 2013. The amendments to IAS 1 and IAS 19 were ratified by the EU during the period under review...
62
annual_report
1995
2,895
In December 2001, the Board of Directors approved a program allocating $25.0 million to repurchase up to 1.25 million shares or 7% of the Company’s outstanding stock over the following twelve months. The Company implemented this program in December 2001 and by December 31, 2002 the Company had repurchased 510,750 share...
57
10K
fr_axa-AR_2013
2,830
To the best of the Company’s knowledge, there are no arrangements or understandings that have been entered into with major shareholders, customers, suppliers or others pursuant to which a member of the Board of Directors was selected.
37
annual_report
gb_lloyds_banking_grp-AR_2019
1,487
Central items includes income and expenditure not attributed to divisions, including the costs of certain central and head office functions, and the Group’s private equity business, Lloyds Development Capital.
29
annual_report
HiscoxLtd-AR_2013
332
The net claims ratio was particularly low for 2013 at 34.3% (2012: 46.0%) with no major catastrophe losses suffered due to the benign loss year. The impact on the combined ratio was an improvement to 81.0% (2012: 89.2%) resulting in an excellent profit before tax for the segment of £80.9 million (2012: £62.6 million).
54
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2018
449
Markus Rieß Board member Total5 thereof for Munich Reinsurance Company Overall performance evaluation
13
annual_report
SwissReAG-AR_2017
2,429
2 Within the maximum aggregate amount of compensation approved by the AGM. 3 Within the maximum aggregate amount of compensation approved by the AGM and the additional amount available for changes in the Group EC after the AGM as per
40
annual_report
NatixisSA-AR_2007
2,496
(8) Finansol: “Collectif de représentation du secteur des finances solidaires” (Group representing the solidarity-based fi nancing sector).(8) Finansol: “Collectif de représentation du secteur des finances solidaires” (Group representing the solidarity-based fi nancing sector).
33
annual_report
5920
1,687
We evaluate and monitor the credit risk related to our insurers and an allowance for estimated uncollectible insurance balances recoverable on our defendant asbestos liabilities ("allowance for estimated uncollectible insurance") is established for amounts considered potentially uncollectible. To determine the allowanc...
66
10K
DirectLineInsuranceGroupPLC-AR_2017
806
Experience and qualifications Humphrey is General Counsel. He joined the Group in 2011 and has over 25 years’ experience as a solicitor. Humphrey is responsible for the Group Legal function and oversees a range of areas of legal advice and services. During Humphrey’s leadership of the Group Legal function and its team ...
169
annual_report
INGGroepNV-AR_2019
3,644
central programme continued in 2019 to support ING’s commitment to further embed the revised legislation throughout the organisation.
18
annual_report
2826
2,538
Pension benefits for foreign plans comprised 9% of the ending benefit obligation for both 2005 and 2004. Foreign plans comprised 1% of the ending fair value of market assets for both 2005 and 2004. There are no foreign postretirement plans.
40
10K
GjensidigeForsikringASA-AR_2019
200
Gjensidige’s brand and long history contribute to a high degree of loyalty in our home market, and ability to grow outside of Norway. Our operations are organised in six segments, as well as the investment area.
36
annual_report
gb_lloyds_banking_grp-AR_2018
991
Given the strong capital build of 210 basis points this year, the Board has recommended a final ordinary dividend of 2.14 pence per share, making a total ordinary dividend of 3.21 pence per share, an increase of 5 per cent on 2017 and in line with our progressive and sustainable ordinary dividend policy. In addition, t...
99
annual_report
HannoverRueckSE-AR_2005
474
The business written by Inter Hannover in the year under review in its main markets of the United Kingdom, Ireland, Scandinavia, France and Germany was notable for deteriorating rates in the UK motor and liability market. Premium in specialty insurance nevertheless grew substantially as the company was able to expand i...
96
annual_report
AegonNV-AR_2017
2,532
Ben J. Noteboom (1958, Dutch) Chairman of the Remuneration Committee Member of the Risk Committee Ben J. Noteboom worked for Randstad Holding N.V. from 1993 until 2014, where he was appointed member of the Executive
35
annual_report
Sampoplc-AR_2009
1,005
Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as if they were assets and liabilities of the foreign entity. Exchange differences resulting from the translation of these items at the exchange rate of the balance sheet date are included in equity, and their change in other...
55
annual_report
5893
363
Commercial mortgage loans and syndicated loans are placed on nonaccrual status when either the collection of interest or principal has become 90 days past due or is otherwise considered doubtful of collection. When a loan is placed on nonaccrual status, unpaid accrued interest is reversed. Interest payments received on...
93
10K
859
122
Total insurance benefits and expenses increased 59.3%, or $18.8 million, in 1997 from $31.9 million in 1996. Interest credited to account balances increased 164.4%, or $16.6 million, in 1997 as a result of higher account balances associated with the Company's fixed account option within its variable products.
47
10K
4983
705
Loss ratios for this segment were 82.6%, 78.8% and 77.2% in 2014, 2013 and 2012, respectively. The increase in the loss ratio for 2014 compared to 2013 is due to unfavorable traditional individual life mortality, primarily due to an increase in the number of large claims. The increase in the loss ratio for 2013 compare...
216
10K
TrygAS-AR_2012
75
Carsten Kristoffersen was injured in a skiing accident in Canazei, Italy. He first contacted Tryg on Monday, was informed which plane would take him home on Tuesday, and was flown back to
32
annual_report
de_allianz-AR_2015
343
Company contributions to the current pension plan depend on the years of service on the Board of Management. For most members of the Allianz SE Board of Management, the contributions are invested in a fund with a guarantee for the contributions paid, but no further interest guarantee. On retirement, the accumulated cap...
197
annual_report
3667
1,511
Our overall retention rate (exclusive of PRA Wisconsin and excess and surplus lines business) based on the number of physician risks that renew with us is approximately 86% for the year ended December 31, 2007, as compared to 84% for the year ended December 31, 2006. Our charged rates for physicians that renewed during...
72
10K
3576
804
For the year ended December 31, 2007, cash flow provided by operating activities was $72.8 million compared with $167.6 million for the year ended December 31, 2006. Operating cash flows in 2006 included favorable amounts due to our entry into the Part D business.
44
10K
Sampoplc-AR_2019
3,277
Fixed Income Investments in the Financial Sector Sampo Group Excluding Topdanmark, 31 December 2019
14
annual_report
260
549
A comparison of statutory basis net income and capital and surplus of the life insurance subsidiaries to the amounts included in the consolidated financial statements is presented in Note 10, along with a description for the principal differences between SAP and GAAP as they related to the subsidiaries' financial state...
50
10K
2726
594
The Company offers various insurance products, including immediate and deferred variable and fixed annuities. The Company’s annuity products are distributed by national wirehouses, regional securities firms, independent National Association of Securities Dealers, Inc. (“NASD”) firms with licensed registered representat...
67
10K
fr_axa-AR_2012
4,079
2012 equity market sensitivities (% of Group EV) for Life &
11
annual_report
ScorSE-AR_2008
731
Two civil liability claims: Vioxx and Canadian Pacifi c Railway for which the losses were estimated at USD 25.3 million and USD 30 million, respectively, at 31 December 2007.
29
annual_report
HiscoxLtd-AR_2005
962
The main circumstances that result in claims against the reinsurance inwards book are conventional catastrophes, such as earthquakes or storms, and other events including fires and explosions. The occurrence and impact of these events is very difficult to model over the shortterm which complicates attempts to anticipat...
76
annual_report
2323
460
rates. The two agreements currently aggregate $525 with half available until May 2004 and half available until May 2007. The credit agreements principally support our issuance of commercial paper.
29
10K
RaiffeisenBankInternationalAG-AR_2017
3,467
The transitional ratios are the currently applicable ratios according to CRR requirements under consideration of the applicable transitional provisions for the current calendar year set out in Part 10 of the CRR in conjunction with the CRR Supplementary Regulation (CRR-BV), published by the FMA.
44
annual_report
5797
2,264
Primary and excess general liability, umbrella liability, professional liability, workers’ compensation, personal and commercial automobile, inland marine and property business with minimal catastrophe exposure written on a direct basis
29
10K
StandardLifeAberdeenPLC-AR_2011
1,983
Operating profit/(loss) after tax from continuing operations 198 76 90 7 (35) 336
13
annual_report
gb_lloyds_banking_grp-AR_2001
1,299
Rate of inflation 2.50 Rate of salary increases 4.04 Rate of increase for pensions in payment and deferred pensions 2.50 Discount rate 6.00
23
annual_report
5327
3,132
At December 31, 2016, MetLife, Inc. and MetLife Funding, Inc., a wholly-owned subsidiary of Metropolitan Life Insurance Company (“MetLife Funding”), maintained a $4.0 billion unsecured revolving credit facility (the “Credit Facility”), and Missouri Reinsurance, Inc., a wholly-owned subsidiary of Metropolitan Life Insur...
100
10K
5438
645
Our return on equity was 11.1% for the year ended December 31, 2017 compared to 16.2% for the year ended December 31, 2016. The decrease is primarily the result of higher average equity attributable to the additional equity raised in the IPO and lower net income.
46
10K
3902
1,507
On February 21, 2008, the EHI Board of Directors authorized a stock repurchase program (the 2008 Program). The 2008 Program authorizes the Company to repurchase up to $100.0 million of the Company’s common stock through June 30, 2009. On February 25, 2009, the EHI Board of Directors extended the 2008 program through De...
110
10K
4950
990
As of December 31, 2013, there were 14,007,150 shares of common stock outstanding and 2,338,350 redeemable shares outstanding, representing $62.9 million of additional paid-in capital and $20.9 million of redeemable shares, respectively. The following discloses the changes in the Company’s stockholders’ equity during 2...
44
10K
2681
600
General and administrative expenses consist primarily of personnel and general operating expenses. With effect from January 1, 2004, we included the personnel expenses of our underwriters in general and administrative expenses; prior to that date, they were included in acquisition costs. Disclosures relating to prior p...
86
10K
4259
11,530
The following table presents the fair values of pension plan assets as of December 31, 2010.
16
10K
5881
1,376
(Excellent) or better or, with respect to foreign reinsurers, have a financial condition that, in the opinion of our management, is equivalent to a company with at least an A-
30
10K
2293
1,197
(q) Investments in Partially Owned Companies: Generally, the equity method of accounting is used for AIG’s investment in companies in which AIG’s ownership interest approximates 20 percent but is not greater than 50 percent (minority owned companies). At December 31, 2003, AIG’s significant investments in partially own...
153
10K
4370
3,643
AIG has created two VIEs for the purpose of acquiring, owning, leasing, maintaining, operating and selling aircraft. AIG subsidiaries hold beneficial interests, including all the equity interests in these entities. These beneficial interests include passive investments by AIG's insurance operations in non-voting prefer...
167
10K
5446
1,097
The Company recorded a provisional estimate of $264 million income tax expense for the Transition Tax. The Company expects to pay additional U.S. federal cash taxes of approximately $264 million on the deemed mandatory repatriation, payable over eight years. The Transition Tax is based on estimates of post-1986 earning...
117
10K
fr_axa-AR_1999
1,980
Perrin VALUE survey. Market share in 1999 was 6.87% down from 8.35% for all of 1998 due to the increased number of companies who now offer variable life products.
29
annual_report
AegonNV-AR_2016
820
of which operating expenses 1,442 1,401 3% 1 Underlying Earnings before tax in 2014 include EUR 19 million of Aegon’s stake in La Mondiale Participations (France).
26
annual_report
CNPAssurancesSA-AR_2005
1,563
The contingency plan is updated quarterly and the entire system is reviewed each year, to take into account the Company’s changing needs and check that the earmarked resources are adequate.
30
annual_report
ch_zurich_insurance_group-AR_2019
356
2 Reflects midpoint estimates as of December 31, 2019 with an error margin of +/– 5 pts.
17
annual_report
PosteItalianeSpA-AR_2019
7,227
For personnel belonging to the Poste Vita insurance Group, vesting of the Phantom Stocks, in addition to achievement of the Performance Hurdle (Group’s cumulative EBIT over a three-year period), is subject to achievement of the specific Qualifying Condition, namely the Solvency II ratio at the end of the period.
49
annual_report
RSAInsuranceGroupPLC-AR_2020
1,073
· Review of Directors’ Remuneration Report and Solvency II disclosures • • •
13
annual_report
5800
1,154
Unrealized gains or losses related to assets still held at the end of the period do not include amortization or accretion of premiums and discounts.
25
10K
1264
873
CNA incurred restructuring and other related charges of $246.0 in 1998 that were comprised of the Initial Accrual and fourth quarter Period Costs, and which included the following: (i) costs and benefits related to planned employee terminations of $98.0, of which $53.0 related to severance and outplacement costs, $24.0...
127
10K
3719
290
The cyclical nature of the residential and commercial real estate markets - and consequently, the land title insurance industry - has historically caused fluctuations in revenues and profitability, and it is expected to continue to do so in the future. Additionally, there are seasonal influences in real estate activity...
57
10K
3710
881
Interest expense on our short-term and long-term debt is recognized as due and any associated premiums, discounts, costs or hedges are amortized (accreted) over the term of the related borrowing utilizing the effective interest method.
35
10K
4067
1,043
The Company also has investments in certain fixed maturity instruments, and has issued certain products with guarantees, that contain embedded derivatives whose market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short-term or long-term),...
55
10K
StandardLifeAberdeenPLC-AR_2010
45
Performance across our joint venture businesses in Asia has been very strong in 2010, with net flows increasing by 20%. Our Indian joint venture, HDFC Life, marked its tenth anniversary with a strong year for the business, with exceptional trading and a strong rise in market share despite difficult market conditions. H...
88
annual_report
nl_ing_grp-AR_2014
4,981
Data Quality standardised and transparent credit risk practices. ING has chosen to develop the credit risk tools centrally. Credit Risk Management (CRM) together with the Bank-wide Customer Domain (BCD) jointly designs and operates the tools, the process and the environment while the ING units (the users) provide the d...
69
annual_report
4847
1,273
HighMount had hedges in place as of December 31, 2013 that covered approximately 59.9% and 20.9% of its total estimated 2014 and 2015 natural gas equivalent production at a weighted average price of $5.52 and $4.24 per Mcfe.
38
10K
5607
936
During 2018 we paid cash consideration of approximately $1.1 billion to acquire a 40% minority interest in Kindred at Home, $169 million to acquire the remaining interest in MCCI, and $185 million to acquire all of FPG, as discussed in Note 3 to the consolidated financial statements included in Item 8. - Financial Stat...
57
10K
3746
876
For the selected alternative expected loss ratios, our actuaries observed the range of ultimate loss ratios recorded for the underwriting years 2001 to 2008 for each major line of business at December 31, 2008.
34
10K
5077
1,487
The amount of Level 3 assets taken as a percentage of total assets measured at fair value on a recurring basis totaled 5.8% and 5.3% as of December 31, 2015 and 2014, respectively, for PFI excluding the Closed Block division, and 3.4% and 2.9% as of December 31, 2015 and 2014, respectively, for the Closed Block divisio...
57
10K
ASRNederlandNV-AR_2016
4,491
Institution for Occupational Retirement Provision (IORP) IORP is a pension vehicle in the form of a separate legal entity that can operate a defined contribution pension scheme on a separate account basis during the pension accrual phase. When an employee reaches his or her retirement age, the IORP transfers the accrue...
82
annual_report
TrygAS-AR_2017
1,033
Accumulated depreciation and value adjustments Accumulated depreciation and value adjustments at 1 January -190 0 0 -190
17
annual_report
GjensidigeForsikringASA-AR_2017
277
When a company is excluded, we will make sure that the company is not part of any portfolios that we manage ourselves, either by not buying securities in the company or by selling any securities we own.
37
annual_report
NatixisSA-AR_2014
1,387
It confers with Natixis’ internal control departments or outside experts as appropriate.
12
annual_report
ch_zurich_insurance_group-AR_2006
2,230
Effective October 2, 2006, Zurich Financial Services cancelled its secondary listing of Zurich Financial Services shares on the London Stock Exchange and such shares were de-listed from the Official List of the United Kingdom Listing Authority. Following the de-listing, Zurich Financial Services shares will no longer b...
68
annual_report
4879
617
We believe our disciplined approach to providing financial protection products at the workplace puts us in a position of strength as we seek to capitalize on the growing and largely unfilled need for our products and services. We believe the need for our products and services remains strong, and we intend to continue p...
158
10K
SwissReAG-AR_1976
69
Albert Kunz Willy Küster Balthasar Mätzener f Jean-Claude Mayor Max Nabholz Samuel Patthey Pierre-Claude Perrenoud H. Conrad Rutishauser
18
annual_report
5131
1,270
Net income for the years ended December 31, 2015, 2014 and 2013 was also impacted by the restructuring of the Company's business support operations and changes to the structure of its Global Non-life Operations announced in April 2013 (the restructuring), primarily as a result of the restructuring costs, mainly related...
61
10K
Sampoplc-AR_2013
1,659
In Sampo Group, financial assets and liabilities at fair value through profit of loss comprise derivatives held for trading, and financial assets designated as at fair value through profit or loss.
31
annual_report
4535
2,111
Management believes consolidated taxable income expected to be generated in the future will be sufficient to support realization of the Company's net deferred tax assets. This determination is based upon the Company's consistent overall earnings history and future earnings expectations. Other than deferred tax benefits...
65
10K
NatixisSA-AR_2005
482
In systems, the bank undertook important projects in 2005 to re-equip the European branch offices with the tools they need.These projects will serve as a pilot program for more wide-scale deployment to other sites during the 2005-07 period.
38
annual_report
1744
549
Net income increased $4, or 13%, principally due to the variable COLI business where related account values increased $3.6 billion, or 29%, as well as earnings associated with a block of leveraged COLI business recaptured in 1998.
37
10K
2023
409
Ceded incurred losses and loss adjustment expenses totaled $6,549,843, $148,557 and $4,301,295 for the years ended December 31, 2002, 2001 and 2000, respectively.
23
10K
1792
324
(5) In 2001, the Company recognized losses of $50.9 million, net of an income tax benefit of $27.4 million, due to the other than temporary decline in the market value of certain fixed maturity securities. In 2000, the Company realized losses of $47.1 million, net of an income tax benefit of $25.4 million, related to t...
88
10K
4785
435
Reserves for Claims and Claim Adjustment Expense (“CAE”)-Property and casualty reserves are established to provide for the estimated cost of paying for both reported as well as unreported claims. These reserves include estimates for both case and IBNR reserves. Included in these reserves are estimates of the expenses a...
85
10K
1169
378
Fixed maturity securities are classified as available for sale and are reported at estimated fair value. Investments that are available for sale are expected to be held for an indefinite period but may be sold depending on interest rates and other considerations. Other investments over which the Company exercises signi...
140
10K
HiscoxLtd-AR_2017
1,751
Trading losses in overseas entities 34,520 41,392 Deferred tax assets 15,142 – Deferred tax liabilities (10,060) – Total deferred tax asset 39,602 41,392
23
annual_report
fr_axa-AR_2015
4,696
As opposed to the other internal pools where the risk is retained within AXA Global P&C, 95% of the Property Pool year-end financial result net of external reinsurance protections is retroceded back to local entities.
35
annual_report
gb_prudential-AR_2017
5,193
M&G Global Credit Investment Fund OS 67.28% 80, route d’Esch, L‑1470, Luxembourg
12
annual_report
SwissReAG-AR_1986
92
Group companies as per November, 1987 * until 31st December, 1987
11
annual_report
NatixisSA-AR_2015
8,591
Laurent Mignon, Chief Executive Offi cer, and Laurence Debroux, independent director of Natixis and CFO of Heineken, have been the network’s sponsors since its formation.
25
annual_report
gb_lloyds_banking_grp-AR_2016
1,642
Overall, the total remuneration for the Executive Directors is down by around 35 per cent compared to 2015. Further details on the reward outcomes for Executive Directors are outlined in the annual report on remuneration.
35
annual_report
AvivaPLC-AR_2011
2,925
Current tax from continuing operations In respect of pensions and other post-retirement obligations (88) (29) In respect of foreign exchange movements (8) (5)
23
annual_report
2919
299
Total salaries and employee benefits incurred for the year ended December 31, 2005, increased $274,828 (3%) compared to the year ended December 31, 2004. Factors that affected the 3% were general salary increases (less than 6%) and increases in employee benefits costs, offset by reduction in the number of employees.
50
10K
4312
2,131
This transaction is accounted for under the accounting standard for convertible debt instruments that may be settled in cash upon conversion (including partial cash settlement) and specifies that issuers of convertible debt instruments that may be settled in cash upon conversion (including partial cash settlement) shou...
97
10K
1542
488
Policyholder benefits and claims increased by 5% to $6,712 million in 1999 from $6,416 million in 1998. Group insurance increased by $362 million, or 8%, to $4,857 million in 1999 from $4,495 million in 1998. This increase is primarily due to overall growth and is comparable to the growth in premiums discussed above. R...
108
10K
1873
884
As a consequence of this accounting, the Corporate and Other segment has exhibited greater variability in investment income than is the case of investments supporting the operating segments. In December 2001, we securitized $450 million of limited partnership investments and associated limited partnership commitments, ...
60
10K
NatwestGroupPLC-AR_2008
414
Impairment losses Impairment losses were £8,072 million, compared with £1,968 million in 2007.
13
annual_report
4894
2,003
uncertainties relating to governmental, legislative and regulatory policies, developments, actions, investigations, and treaties, which, among other things, could subject us to insurance regulation or taxation in additional jurisdictions or affect our current operations;
33
10K
NatixisSA-AR_2020
11,484
As of the date of this document, the Board of Directors of the Company has the following delegations and financial authorizations granted to it by the General Shareholders’ Meeting: Date of General Shareholders’ Meeting
34
annual_report