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fr_axa-AR_2012 | 3,806 | Equitable to the extent that AXA RE Arizona maintains suffi cient assets in an irrevocable trust (or letters of credit) to back the liabilities assumed under these reinsurance arrangements. The level of assets required to be held in trust (and/or the amount of required letters of credit) fl uctuates depending on market and interest rate movements, mortality experience and policyholder behaviors and may increase in certain circumstances which may impact AXA RE Arizona’s liquidity. In addition, pursuant to its hedging programs, AXA RE Arizona may be required to post collateral and/or cash settle hedges when there is a decline in fair value of specifi ed instruments (which would occur, for example, in the event of a rise in interest rates or equity markets) | 123 | annual_report |
5547 | 938 | Intangible assets represent the fair value adjustments related to unpaid losses and LAE, reinsurance balances recoverable on paid and unpaid losses and policy benefits for life and annuity contracts along with the intangible assets arising from the acquisitions of Atrium and StarStone. Definite-lived intangible assets are amortized over their useful lives. Amortization of intangible assets is recognized in the consolidated statement of earnings. Indefinite-lived intangible assets are not subject to amortization. The carrying values of intangible assets are reviewed for indicators of impairment at least annually. Impairment is recognized if the carrying values of the definite-lived intangible assets are not recoverable from their undiscounted cash flows and are measured as the difference between the carrying value and the fair value. | 120 | 10K |
nl_ing_grp-AR_2018 | 3,840 | The effective tax rate in 2017 was significantly higher than the weighted average statutory tax rate. This was caused by the following items: A relatively high amount of prior period tax adjustments which ING, for the most part is expected to be reimbursed by NN Group (reimbursement is included in the result before tax), recorded under ‘Adjustment to prior periods’; Impact on deferred tax positions following changes in the income tax rate in the USA and | 78 | annual_report |
2169 | 2,439 | The 2001 Centre Agreement is accounted for as reinsurance for statutory accounting purposes, but does not qualify as reinsurance under GAAP. As the agreement is treated as reinsurance for statutory accounting purposes, it results in the ceding (or removal) of substantially all of PTNA’s and ANIC’s policy reserve and claim reserve liabilities for statutory accounting purposes. Furthermore, subject to certain limitations, any adverse development of the 2001 and prior policy and claim reserves, including the $125,000 of reserve increases mentioned above, is ceded to the reinsurer and is not reflected on PTNA’s or ANIC’s statutory financial statements. | 97 | 10K |
PhoenixGroupHoldingsPLC-AR_2018 | 4,597 | The Group undertakes no obligation to update any of the forward-looking statements contained within the 2018 Annual Report and Accounts or any other forward-looking statements it may make or publish� | 30 | annual_report |
NatwestGroupPLC-AR_2020 | 2,855 | Group. Supports the CEO and other accountable executives in approval of the risk management framework, agrees executive approved risk appetite measures and discharges other risk management accountabilities. | 27 | annual_report |
NatixisSA-AR_2014 | 1,389 | Since December 17, 2014, the Appointments & Compensation Committee has been divided into two separate Committees. The work of the Appointments & Compensation Committee in fi scal year 2014 is detailed hereunder. | 32 | annual_report |
NatwestGroupPLC-AR_2020 | 3,611 | In other personal, the relatively high level of exposures in AQ10 reflected that impaired assets can be held on the balance sheet, with commensurate ECL provision, for up to six years after default. | 34 | annual_report |
INGGroepNV-AR_2007 | 1,882 | – designated as at fair value through profi t and loss 873 771 2,395 5,912 3,931 13,882 | 17 | annual_report |
de_allianz-AR_2017 | 2,039 | The Allianz Group accounts for all material investments in associates and joint arrangements with a time lag of no more than three months. Income from investments in associates and joint arrangements – excluding distributions – is included in interest and similar income. Accounting policies of associates and joint arrangements are adjusted where necessary to ensure consistency with the accounting policies adopted by the Allianz Group. | 65 | annual_report |
GjensidigeForsikringASA-AR_2012 | 1,719 | Earned, not received interest income 65.8 44.8 Other prepaid expenses and earned, not received income 15.5 64.1 Total prepaid expenses and earned, not received income 81.2 108.9 | 27 | annual_report |
gb_lloyds_banking_grp-AR_2012 | 3,991 | Removal of: Acquisition related and other items1 £m volatility arising in insurance businesses £m insurance gross up £m | 18 | annual_report |
3676 | 767 | On February 20, 2009, we entered into a Client Transition Agreement with eHealth, pursuant to which we transferred to eHealth certain lead information relating to health insurance prospects and broker of record status and the right to receive commissions on certain of the in-force individual and family major medial health insurance policies and ancillary dental, life and vision insurance policies issued by Aetna, Inc., Golden Rule Insurance Company, Humana, Inc., PacifiCare, Inc., Time Insurance Company (marketed under the name Assurant Health) and United Healthcare Insurance Co. on which we were designated as the broker of record as of that date. Certain policies and products were excluded from the transaction, including our agency business generated through our ISG agents, all short term medical products and all business produced through carriers other than the specified carriers. As consideration for such transfer, eHealth agreed to pay us approximately $1,280,000 in cash and to assume certain of our liabilities relating to historical commission advances on the transferred policies in an aggregate amount of approximately $1,385,000. eHealth has also agreed to pay us a portion of each commission payment received by eHealth relating to a transferred policy for the duration of the policy, provided that eHealth remains broker of record on such policy. Additionally, eHealth agreed to construct one or more websites for the purpose of selling health insurance products and to pay us a portion of all first year and renewal commissions received by eHealth from policies sold through such websites that result from marketing to prospects using leads that we delivered to eHealth. | 260 | 10K |
nl_ing_grp-AR_2013 | 3,296 | Transfers out of Level 1 into Level 2 occur when ING Group establishes that markets are no longer active and therefore (unadjusted) quoted prices no longer provide reliable pricing information. | 30 | annual_report |
AdmiralGroupPLC-AR_2016 | 2,033 | – Fees payable for the audit of the Company’s subsidiary accounts 0.2 0.2 0.4 0.3 | 15 | annual_report |
ASRNederlandNV-AR_2019 | 2,389 | Transfer between investments on behalf of policyholders and investment property 3 4 | 12 | annual_report |
4959 | 1,768 | Account value related to our variable life insurance products increased primarily from favorable equity market performance in 2013. We no longer solicit sales of variable life insurance; however, we continue to service our existing block of business. | 37 | 10K |
2834 | 759 | The options expire 10 years from the date of grant. Increasing the estimate of the expected life from seven years to 10 years would have increased the fair value of the option award from $4.09 per share to $4.98 per share, and resulted in additional share-based compensation expense of $57 being recognized over the requisite service period. | 57 | 10K |
1352 | 729 | On January 26, 2000, HAI, HealthAxis and a wholly owned subsidiary of HAI entered into the Agreement and Plan of Reorganization which provides for the merger of HealthAxis with and into the subsidiary of HAI which will result in former shareholders of HealthAxis becoming shareholders of HAI. This transaction is referred to as the reorganization. The HAI subsidiary will continue as the surviving corporation of the reorganization, will retain all of its separate corporate existence and will be known as HealthAxis.com Inc. The reorganization will be accounted for by HAI as a recapitalization in accordance with generally accepted accounting principles. As a recapitalization, HAI capital stock issued to HealthAxis stockholders will be accounted for at the historical cost and the net assets of HAI will be recorded at historical cost. As a result of the recapitalization, the preferred and common stock of HealthAxis will be converted to HAI common stock eliminating all minority interest in HealthAxis and the minority interest net loss of subsidiary line item on the statement of operations. In addition, outstanding HealthAxis options and warrants will be converted into options or warrants to purchase HAI common stock. HAI anticipates that HAI will issue a total of 33,386,730 shares of HAI common stock to HealthAxis shareholders in the reorganization. HAI also anticipates that HAI will issue up to approximately 6,072,728 shares of HAI common stock upon the exercise of options and warrants to purchase HealthAxis common stock to be assumed by HAI of which HAI anticipates recording approximately $61 million of prepaid compensation which will be expensed over the vesting period of the options. There can be no assurance, however, that the conditions to the reorganization will be satisfied or that the reorganization documents will not be terminated. | 290 | 10K |
RSAInsuranceGroupPLC-AR_2013 | 441 | RISK MANAGEMENT THE FUTURE SUCCESS OF THE GROUP IS UNDERPINNED BY OUR CONSERVATIVE RISK PROFILE AND CLEAR RISK APPETITE. | 19 | annual_report |
de_allianz-AR_2014 | 655 | The Allianz Group structure reflects both business segments and geographical regions. The business activities are first organized by product and type of service based on how these are strategically 1 At the end of the financial year 2014, Allianz announced its decision to realign its property-casualty insurance business in the United States. For further information, please refer to the Our markets section starting on page 66. Respective changes in the group structure will become effective in 2015. For further information, please refer to Executive Summary of 2014 Results starting on page 81. | 92 | annual_report |
StorebrandASA-AR_2013 | 2,522 | Financial remuneration should be designed to: 1. Help support continuous improvement, stimulate internal cooperation and create a value-based performance culture 2. Help focus the efforts of employees 3. Ensure that the Group's strategy and plans provide the basis for the goals and requirements set for the employees' performance 4. Ensure that remuneration is based on long-term thinking, balanced goal-oriented management and real value creation 5. Ensure that remuneration is based on an assessment of the individual's results and compliance with corporate principles 6. Facilitate a clear, transparent and team-based process for setting goals and goal structures. | 96 | annual_report |
fr_axa-AR_2006 | 5,433 | At December 31, 2006, the Group, excluding Winterthur, employed 81,025 salaried people on a full-time equivalent basis (78,800 in 2005 and 76,339 in 2004). The total number of full time equivalent employees at December 31, 2006 including Winterthur was 96,009. | 40 | annual_report |
fr_axa-AR_2007 | 5,077 | Derivatives on other debt instruments issued (other than financing debt) — Other financial services — — — | 17 | annual_report |
2924 | 936 | During 2003, the Company entered into an agreement to sell its Canadian branch. The transaction closed April 30, 2004, and the Company reported a second quarter of 2004 loss of $113.0 million before tax and $70.9 million after tax on the sale of the branch. The Company also recognized a first quarter of 2004 loss of $0.6 million before tax and $0.4 million after tax to write down the value of bonds in the Canadian branch investment portfolio to market value. | 81 | 10K |
NatixisSA-AR_2015 | 214 | Business owners and senior executives in France and abroad represent the core target markets of private banking teams in charge of direct customers (€7.03 billion in assets under management at December 31, 2015). They work closely with Natixis’ Coverage teams to roll out innovative and customized wealth-management solutions to meet the specifi c needs of this demanding customer segment. | 59 | annual_report |
StorebrandASA-AR_2002 | 720 | Storebrand continuously strives to improve the efficiency of our activities from both a financial and environmental perspective. As part of this process the company has decided to replace the printed form of its interim reports with an electronic edition. All quarterly interim reports together with the related presentations and press releases will be published on the company's web pages at www.storebrand.no. | 61 | annual_report |
5193 | 872 | Income tax benefit for 2016 was $9.7 million compared to income tax expense of $0.1 million in 2015. The 2016 income tax benefit is related to the partial release of the Company’s valuation allowance carried against its deferred income tax assets as a result of its acquisition of CMC. See Note 18, "Income Taxes," to the Consolidated Financial Statements, for additional detail of the income tax (benefit) expense recorded for the years ended December 31, 2016 and 2015, respectively. | 79 | 10K |
4532 | 929 | The following table provides further detail of the net prior year claim and allocated claim adjustment expense reserve development (development) recorded for the CNA Specialty segment for the years ended December 31, 2012, 2011 and 2010. | 36 | 10K |
1050 | 735 | Proceeds from sales and maturities of investments in fixed maturity securities were approximately $25.1 million in 1998 and $34.0 million in 1997. Gross gains of $0.8 million and gross losses of $0.4 million were realized on fixed maturity investment sales during 1998. Gross gains of $0.7 million and gross losses of $0.1 million were realized on fixed maturity investment sales during 1997. | 62 | 10K |
5671 | 1,133 | Underwriting income is a pre-tax measure of underwriting profitability that takes into account net premiums earned and other insurance related income (loss) as revenues and net losses and loss expenses, acquisition costs and underwriting-related general and administrative expenses as expenses. Underwriting results were as follows: | 45 | 10K |
1881 | 712 | There are a number of risks and uncertainties inherent in the process of monitoring impairments and determining if an impairment is other than temporary. These risks and uncertainties include the risks that: | 32 | 10K |
AvivaPLC-AR_2009 | 915 | Analysis of investments We invest our policyholders’ funds and our own funds in order to generate a return for both policyholders and shareholders. The financial strength of our group and both our current and future operating results and financial performance are, therefore, in part dependent on the quality and performance of our investment portfolios in our UK, continental European, North America and Asia Pacific operations. | 65 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2014 | 1,805 | Size of structured entities For investment funds, including investments in forestry, infrastructure (including renewable energies and new technologies) and private equity, investment funds for policyholders under unit-linked life insurances, and investments in debt securities, the carrying amount gives an indication of the size of the structured entity. For the securitisation of underwriting risks, the total emitted volume (nominal | 58 | annual_report |
de_allianz-AR_2012 | 2,960 | Government and government agency bonds 1 Includes bonds issued by Spanish banks with a fair value of € 508 MN (2011: € 1,115 MN), thereof subordinated bonds with a fair value of € 107 mn (2011: € 322 MN). | 39 | annual_report |
ScorSE-AR_2011 | 1,566 | Denis Kessler, a French citizen, is a graduate of HEC business school (Ecole des Hautes Etudes Commerciales) and holds a PhD in economics and advanced degrees in economics and social sciences. He was Chairman of the | 36 | annual_report |
TrygAS-AR_2019 | 292 | Claims The gross claims ratio was 69.1 (52.2), with a claims ratio, net of ceded business, of 72.8 (56.7). The higher claims ratio was driven by a lower level of run-off gains and a higher level of large claims. | 39 | annual_report |
NatixisSA-AR_2008 | 2,422 | Similarly, Natixis is a participant in the Mobilité capitale network for companies based in the Paris region which are interested in implementing corporate travel plans. | 25 | annual_report |
gb_prudential-AR_2017 | 264 | 5 The 2016 comparative results have been re‑presented from those previously published following reassessment of the Group’s operating segments as described in note B1.3 of the IFRS financial statements. On re‑presentation, Prudential Capital is excluded from underlying free surplus generated. | 40 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2012 | 1,740 | In order to properly perform supervisory functions at the Company, the Supervisory Board may appoint permanent committees with an advisory and consultative role. On 30 June 2011, the Supervisory Board appointed a strategy committee composed of the following persons: Waldemar Maj (Chairman of the committee), Krzysztof | 46 | annual_report |
TrygAS-AR_2012 | 1,491 | The Group has received DKK 315m as cash and cash equivalents (DKK 66m in 2011) as security for current derivative contracts. | 21 | annual_report |
3369 | 1,282 | The amounts above are net of expected sublease income of approximately $0.4 million annually through 2010. Rent expenses amounted to approximately $11.8 million, $7.5 million and $8.0 million for the years ended December 31, 2007, 2006 and 2005, respectively. | 39 | 10K |
SwissReAG-AR_2019 | 1,459 | • Member of the Pan-European Insurance Forum, the IMD Foundation Board, the Global Reinsurance Forum, the Steering Board Insurance Development Forum, the Board of Trustees of Avenir Suisse and the Board of Trustees of the St. Gallen Foundation for International Studies | 41 | annual_report |
510 | 426 | Non-Environmental Exposure on Assumed Reinsurance, Catastrophe Losses and Other Insurance Related Reserves. The Company also established an additional reserve of $13.1 million ($27.7 million before deducting reinsurance) for unreported losses relating to the non-environmental exposures for the two assumed reinsurance treaty groups described above. This estimate was developed in reliance upon historical emergence patterns for Highlands' assumed reinsurance treaties, reported development patterns compiled by the Reinsurance Association of America, actuarial estimates provided by the ceding companies and management's judgment as to the likely effects of these factors on the Company's loss exposure. | 92 | 10K |
1977 | 482 | The Company has procedures in place to monitor all debt and equity securities for possible other-than-temporary impairments. Securities are tracked comparing both unrealized losses as a percentage of original cost and the length of time the security has been below a predetermined percentage of cost. Monthly discussions are held with Company’s investment managers to gather information and documentation as to their outlook for future recovery of the securities making the Company’s “watch list”. As of December 31, 2002 there were no debt or equity securities whose unrealized losses would be deemed by management to be other-than-temporary impairments that have not been recorded. | 102 | 10K |
ASRNederlandNV-AR_2009 | 369 | Market position in 2008 and 2009, the market for P&C grew by on average 0.5%. Premium income from the P&C product line increase by 3% over the same period. P&C gross premium income grew stronger than the market during the year under review. With a market share of around 8% in 2009, ASR Nederland strengthened its position as the third player on the Dutch P&C insurance market. | 67 | annual_report |
3269 | 4,807 | Management believes that these uncertainties and factors continue to render reserves for A&E and particularly asbestos losses significantly less subject to traditional actuarial analysis than reserves for other types of losses. Given these uncertainties, management believes that no meaningful range for such ultimate losses can be established. The Company establishes reserves to the extent that, in the judgment of management, the facts and prevailing law reflect an exposure for the Company or its ceding companies. The Company’s A&E liabilities stem from Mt. McKinley’s direct insurance business and Everest Re’s assumed reinsurance business. | 92 | 10K |
5200 | 1,508 | For contracts accounted for as financial guaranty insurance, loss and LAE reserve is recorded only to the extent and for the amount that expected losses to be paid, exceed unearned premium reserve. As a result, the Company has expected loss to be paid that have not yet been expensed. Such amounts will be recognized in future periods as deferred premium revenue amortizes into income. Expected loss to be expensed is important because it represents the Company's projection of incurred losses that will be recognized in future periods (excluding accretion of discount). See "Financial Guaranty Insurance Losses" in Note 6, Contracts Accounted for as Insurance. | 104 | 10K |
fr_axa-AR_1999 | 190 | C u s t o m e r i n n o v a t i o n | 18 | annual_report |
3211 | 688 | (5) Includes obligations associated with certain employee benefit programs and minority interest purchase commitments. | 14 | 10K |
5582 | 1,282 | The Company participates in a repurchase program in which securities, reflected as investments on the Company’s consolidated balance sheets, are pledged to a third party. In return, the Company receives cash from the third party, which is reflected as a payable to a third party, included in other liabilities on the consolidated balance sheets. The Company is required to maintain a minimum collateral balance with a fair value of 105% of the cash received. | 74 | 10K |
3002 | 6,435 | $16.5 million. The operating results and gains on the sales of Chatham and Driskill are included in discontinued operations in the Statement of Operations. See Note L - "Discontinued Operations." | 30 | 10K |
1089 | 1,055 | AAG operates in three major segments: (i) retirement products, (ii) life, accident and health insurance and (iii) corporate and other. AAG's retirement product companies sell tax-deferred annuities to employees of primary and secondary educational institutions, hospitals and in the non- qualified markets. More than one-fourth of AAG's retirement annuity premiums came from California in 1996 to 1998. No other state accounted for more than 10% of premiums. Sales from AAG's top two Managing General Agencies accounted for 14% and 5% of retirement annuity premiums in 1998. | 86 | 10K |
4553 | 890 | Other investments include fixed maturity and equity securities of The Goldman Sachs Group, Inc. (“GS”), General Electric Company (“GE”), Wm. Wrigley Jr. Company (“Wrigley”), The Dow Chemical Company (“Dow”) and Bank of America Corporation (“BAC”). A summary of other investments follows (in millions). | 43 | 10K |
AvivaPLC-AR_2017 | 3,960 | These awards have been made under the Aviva Investors Deferred Share Award Plan (AI DSAP), where employees can choose to have the deferred element of their bonus deferred into awards over Aviva shares. The awards vest in three equal tranches on the 2nd, 3rd and 4th year following the year of grant. | 52 | annual_report |
INGGroepNV-AR_2020 | 521 | Employees provide a differentiating experience that keeps employees motivated and engaged | 11 | annual_report |
PosteItalianeSpA-AR_2019 | 4,427 | Overall analysis of provisions: * Net provisions for personnel expenses amount to €4 million. Service costs (legal assistance) total €4 million. Releases amount to one million. | 26 | annual_report |
2239 | 868 | Net Income Share-Owners' Equity ------------------------------------- ------------------------------------------ 2003 2002 2001 2003 2002 2001 -------------------------------------------------------------------------------------------------------------------------- In conformity with statutory reporting practices 1 $274,244 $ (2,418) $163,181 $1,135,942 $ 852,645 $ 775,138 -------------------------------------------------------------------------------------------------------------------------- In conformity with generally accepted accounting principles $217,050 $177,355 $102,943 $2,002,144 $1,720,702 $1,400,144 -------------------------------------------------------------------------------------------------------------------------- | 44 | 10K |
5761 | 513 | As of July 1, 2019, the State Auto Group renewed the property per risk excess of loss reinsurance agreement. This reinsurance agreement provides individual property risk coverage for the State Auto Group for losses exceeding $4.0 million. The reinsurers are responsible for 100.0% of the loss excess of the $4.0 million retention for property business up to $20.0 million of covered loss. | 62 | 10K |
fr_axa-AR_1999 | 5,118 | In addition, under US GAAP revisions to the original purchase price and consequently goodwill can be made up to 12 months from date of acquisition as subsequent information becomes available that may impact the fair value of identifiable net assets at date of acquisition. Under French GAAP such revisions can be made to the end of financial year following the acquisition. | 61 | annual_report |
3867 | 832 | Reinsurance. The Company cedes portions of the risks relating to its group employee benefit products and variable life insurance products under indemnity reinsurance agreements with various unaffiliated reinsurers. The Company pays reinsurance premiums which are generally based upon specified percentages of the Company’s premiums on the business reinsured. These agreements expire at various intervals as to new risks, and replacement agreements are negotiated on terms believed appropriate in light of then-current market conditions. Reductions in the Company’s reinsurance coverages will decrease the reinsurance premiums paid by the Company under these arrangements and thus increase the Company’s premium income, and will also increase the Company’s risk of loss with respect to the relevant policies. Generally, increases in the Company’s reinsurance coverages will increase the reinsurance premiums paid by the Company under these arrangements and thus decrease the Company’s premium income, and will also decrease the Company’s risk of loss with respect to the relevant policies. See “Group Employee Benefit Products” and “Reinsurance” in Part I, Item 1 - Business. | 168 | 10K |
SwissReAG-AR_2012 | 1,602 | Dawn M. Kink and Alex Finn became lead auditors responsible for the auditing mandate of the former parent company, Swiss Reinsurance Company Ltd, on 1 September 2006 and 23 September 2011, respectively. With Swiss Re Ltd becoming the new holding company of the Group, they also became lead auditors for the Swiss Re Ltd audit mandate. | 56 | annual_report |
INGGroepNV-AR_2020 | 5,494 | ING Group Annual Report 2020 319 35 Information on geographical areas | 11 | annual_report |
INGGroepNV-AR_2020 | 3,598 | The 2020 EB remuneration policy is disclosed in full on ing.com under the section ‘Remuneration’. | 15 | annual_report |
RaiffeisenBankInternationalAG-AR_2015 | 298 | Due to the enormous increase in the complexity of the regulatory provisions for variable remuneration, the Management Board was prompted to review the benefits and meaningfulness of share-based remuneration. Originally intended as a variable long-term remuneration element geared to market and corporate success, the SIP has since lost this meaning because the annual bonus for the same target group of top executives is now deferred for 3 to 5 years, and half must be paid in instruments (e.g. shares). It was therefore decided that no further SIP tranches would be issued from the 2014 financial year onwards. | 97 | annual_report |
4215 | 616 | In 2010, we reported net income compared to a significant loss reported in 2009. The main reason for the improvement was favorable reserve development as the cost to settle claims on the December 31, 2009 inventory of defaults was less than provided at December 31, 2009. In addition, the 2010 results benefited from items that are not expected to recur in future periods, such as the $29.6 million non-recurring gain related to our debt repurchase, or may not recur in the same magnitude, such as our $12.5 million net realized investment gain. Although our 2010 results reflect the positive trends in the default inventory, the continuation of these trends is uncertain given the continued weakness in the mortgage and housing markets. | 121 | 10K |
319 | 281 | Investments in preferred stock and common stock of nonaffiliates are stated at fair value. Fair values are based on quoted market prices or dealer quotes. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. | 44 | 10K |
Sampoplc-AR_2010 | 516 | The Most Significant Risks to Operations As a diverse financial institution, Sampo Group is exposed to a variety of different risks, both financial and non-financial. The major risks associated with Sampo Group's activities during 2010 were insurance risks arising from P&C and Life insurance business areas, as well as market and credit risks emanating from the Group's investment portfolios and the debt financing of Sampo plc. | 66 | annual_report |
732 | 379 | On April 25, 1996, our board of directors approved a 3-for-2 stock split in the form of a 50 percent stock dividend to shareholders of record on the close of business on May 6, 1996. The shares were distributed to shareholders on May 17, 1996. Additionally, on February 2, 1995, we declared a five-for-one stock split, effective as of that date. All share and per share amounts have been adjusted to reflect the effect of the stock splits. | 78 | 10K |
de_allianz-AR_2009 | 3,663 | Sale of Industrial and Commercial Bank of China (ICBC) shares In Feburary 2010 the Allianz Group sold 1bn ICBC shares with a capital gain of approximately € 0.4 bn. | 29 | annual_report |
3983 | 1,364 | As of December 31, 2009, the Company classified all of its pension plan assets in the Level 1 category as quoted prices in active markets are available for these assets. Therefore, a reconciliation for pension plan assets measured at fair value using significant unobservable inputs (Level 3) for the year ended December 31, 2009 is not required. See Note 6 - “Fair Value of Financial Instruments” for additional detail on the fair value hierarchy. | 74 | 10K |
NatixisSA-AR_2008 | 225 | Le Ponant de Paris 5 Rue Leblanc 75511 Paris Cedex 15 | 11 | annual_report |
LloydsBankingGroupPLC-AR_2019 | 6,209 | (2) Issued and fully paid share capital 2019 Number of shares 2018 Number of shares 2017 Number of shares 2019 £m 2018 £m 2017 £m | 25 | annual_report |
4699 | 1,970 | Consolidated Noncontrolling Interests AFG's consolidated net earnings attributable to noncontrolling interests were $7 million for the fourth quarter of 2013 compared to a net loss of $31 million for the fourth quarter of 2012. The following table details net earnings (loss) in consolidated subsidiaries attributable to holders other than AFG (dollars in millions): | 53 | 10K |
5602 | 14,939 | · Foreign exchange: The loss development for operations outside of the U.S. is presented for all accident years using the current exchange rate at December 31, 2018. Although this approach requires restating all prior accident year information, the changes in exchange rates do not impact incurred and paid loss development trends. | 51 | 10K |
5507 | 399 | We account for income taxes under the asset and liability method. Under this method, deferred income taxes are recognized for temporary differences between the financial statement and tax return basis of assets and liabilities. Any resulting future tax benefits are recognized to the extent that realization of such benefits is more likely than not, and a valuation allowance is established for any portion of a deferred tax asset that management believes will not be realized. The assessment of the need for a valuation allowance requires management to make estimates and assumptions about future earnings, reversal of existing temporary differences and available tax planning strategies. If actual experience differs from these estimates and assumptions, the recorded deferred tax asset may not be fully realized resulting in an increase to income tax expense in our results of operations. In addition, the ability to record deferred tax assets in the future could be limited, resulting in a higher effective tax rate in that future period. | 162 | 10K |
2885 | 502 | Professional liability net premiums written were $72.4 million for 2005, compared with $63.0 million for 2004, an increase of $9.5 million or 15.0%. This increase primarily resulted from more conservative underwriting practices and pricing actions in response to market conditions in addition to ceding less premium to third party reinsurers in 2005. | 52 | 10K |
fr_axa-AR_2007 | 6,241 | Retail / institutional volatility spread N/A 4.60% N/A 4.20% N/A 4.40% | 11 | annual_report |
2796 | 2,500 | In September 2004, we completed the sale of our London-based international investment management unit (“DIAL”), which had assets under management of $22.1 billion at the date of sale. For additional information see “Results of Operations-Investment Management.” Assets under management include assets sub-advised for us by unaffiliated parties. Sub-advised assets were $21.9 billion, or approximately 18%, of the Investment Management segment’s assets under management at December 31, 2005, compared to $14.5 billion, or approximately 14%, at December 31, 2004. | 78 | 10K |
490 | 838 | Presently, Messrs. Bruneheim and Pedersen who are officers of Trygg-Hansa, serve as directors of the Company. | 16 | 10K |
AvivaPLC-AR_2018 | 3,777 | Insurance participating (45) 25 (15) (20) (40) (25) (5) (10) Insurance non-participating (475) 485 (790) (135) 115 (215) (105) (905) Investment participating — 10 (5) (5) — (15) — — Investment non-participating — (10) (5) 10 (10) (30) — — Assets backing life shareholders’ funds (90) 115 (25) 20 (20) — — — | 53 | annual_report |
gb_prudential-AR_2019 | 2,826 | * Awards over shares were awarded to all Executive Directors other than Michael Falcon whose awards were over ADRs. † Awards for Executive Directors are calculated based on the average share price over the three dealing days prior to the grant date, being £15.40 for all Executive Directors other than | 50 | annual_report |
SwissLifeHoldingAG-AR_2003 | 2,029 | Zwitserleven Vermogensbeheer (formerly Zwitserleven Ziekte- en Ongevallenverzekering), Amstelveen Life l 99.7% 100.0% full EUR 2 269 | 16 | annual_report |
AegonNV-AR_2012 | 5,185 | 50.4 Assets pledged Aegon pledges assets that are on its statement of financial position in securities borrowing transactions, in repurchase transactions, and against long-term borrowings. In addition, in order to trade derivatives on the various exchanges, Aegon posts margin as collateral. | 41 | annual_report |
4928 | 1,078 | As discussed, in connection with the Senior Notes, the Company incurred approximately $7.5 million in underwriting debt discount and approximately $2.0 million in debt issuance costs. The $7.5 million debt discount incurred in connection with the Senior Notes is presented on the consolidated balance sheet as a reduction to long-term debt. The debt discount amounts are being amortized to interest expense over the life of the Senior Notes. The Company uses the straight-line method to amortize the debt discount amounts as it does not result in a materially different amount of interest expense than the effective interest rate method. The $2.0 million in offering expenses incurred in connection with the issuance of the Senior Notes are presented on the consolidated balance sheet as other assets. The offering expenses are being amortized to | 132 | 10K |
AegonNV-AR_2004 | 1,892 | Board. The Strategy Committee also considers options and alternative avenues with regard to the strategy as well as considering the material aspects relating to the implementation of the agreed strategy. Finally, the Supervisory Board acts as a consultative body to the Executive Board with regard to its strategy. The Strategy Committee is chaired by Mr. Tabaksblat. | 56 | annual_report |
2307 | 1,831 | The Company’s federal income tax returns for years through 1993 have been examined by the Internal Revenue Service (“IRS”). No material adjustments were proposed by the IRS as a result of these examinations. In the opinion of management, adequate provision has been made for any additional taxes which may become due with respect to open years. | 56 | 10K |
fr_axa-AR_2003 | 628 | On the other hand, a number of trends emerged that positively affected insurers’ performance in 2003: – Equity Market Upturn | 20 | annual_report |
SwissReAG-AR_2003 | 1,348 | Mr Kielholz has been a member of the board at Credit Suisse Group since 1999. He served as chairman of the audit committee from 1999 to 2002 and as vice-chairman of the board from 31 May 2002 to 31 December 2002. He has been chairman of the board of directors and the chairman’s and governance committee since 1 January 2003. | 60 | annual_report |
2110 | 421 | Commissions on P&C, health, group life and group disability insurance, are typically calculated as a percentage, ranging from approximately 3% to 20%, of the annual premium. These commissions generally recur at the same rate as long as the insurance is in force. Commissions earned from the placement of individual and corporate-owned life and individual disability insurance are calculated as a percentage of corresponding premiums over the duration or term of the underlying policies. Traditionally, most of the commission revenue on these life and individual products, as well as on other traditional voluntary benefit products such as critical illness insurance, is recognized in the first year the insurance is placed, with the commissions paid in renewal years being relatively insignificant. We also receive contingent commissions, which are incremental compensation for achieving specified premium volume and/or loss experience goals set by the insurance companies for the business we place with them. Contingent commissions are recorded on the earlier of receipt of cash or when we receive data from the insurance companies that allow us to reasonably determine the amount. Fee-based revenues related to employee benefits services are generally billed as services are rendered and may vary with factors such as the client’s headcount or assets under management. | 205 | 10K |
2764 | 1,273 | OneBeacon’s actuaries use several generally accepted actuarial methods to evaluate its loss reserves, each of which has its own strengths and weaknesses. OneBeacon places more or less reliance on a particular method based on the facts and circumstances at the time the reserve estimates are made. These methods generally fall into one of the following categories or are hybrids of one or more of the following categories: | 67 | 10K |
NatixisSA-AR_2018 | 2,542 | Natixis' annual and multi-year audit plans are approved by its Chief Executive Officer. The Annual Audit Plan is examined by the Risk Committees of Natixis and BPCE and approved by the Natixis Board of Directors. | 35 | annual_report |
3600 | 577 | • our ability and intent to hold the investment for a period of time sufficient to allow for a recovery in value. | 22 | 10K |
Sampoplc-AR_2016 | 3,801 | • Conclude on the appropriateness of the Board of Directors’ and the Managing Director’s use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the parent company’s or the Group’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. | 94 | annual_report |
4185 | 716 | The Company classifies substantially all of its fixed maturity and all of its equity investments as available-for-sale and records them at their estimated fair value with the related net unrealized gains or losses, net of policyholder related amounts and deferred taxes, being recorded in accumulated other comprehensive income (loss) in the stockholder’s equity section in its consolidated balance sheets. | 59 | 10K |
HiscoxLtd-AR_2020 | 999 | constructive discussion and decision-making was highlighted as being particularly noteworthy. The review was weighted towards a few particular themes, including: s the independence of the Board, as currently composed, which was deemed satisfactory; s the role of the Chair, who was seen to have demonstrated strong leadership over the past year; and s the robustness of Non Executive Director succession plans, which continue to be given active consideration and are the subject of ongoing discussion as a part of the usual process of Director rotation. | 85 | annual_report |
fr_axa-AR_2010 | 11,840 | Director or member of the Supervisory Board: ■ Commerzbank AG (Germany) | 11 | annual_report |
ch_zurich_insurance_group-AR_2010 | 1,337 | Less: impairment allowance Impairment allowances on individually assessed financial assets – 548 – 1 123 673 Impairment allowances on collectively assessed financial assets – 42 – 1 199 242 1 Available-for-sale debt securities are included net of USD 137 million of impairment charges recognized during the year. | 47 | annual_report |
DirectLineInsuranceGroupPLC-AR_2016 | 3,308 | An arrangement that permits unvested remuneration awards to be forfeited, when the Company considers it appropriate. | 16 | annual_report |
5872 | 658 | Providing management and administrative services to captives, pools, risk-retention groups, healthcare exchanges, small underwriting enterprises, such as accounting, claims and loss processing assistance, feasibility studies, actuarial studies, data analytics and other administrative services. | 33 | 10K |
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