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4068
2,199
The following table sets forth our unaudited quarterly summary consolidated statements of operations for each of the quarters for the years ended December 31, 2009 and 2008. The information for each of these quarters is unaudited and has been prepared on the same basis as our audited consolidated financial statements. ...
81
10K
gb_prudential-AR_2017
2,669
Mark FitzPatrick joined the Board during the year. As Mark did not need to relocate to enable him to assume his role and he had no awards from his previous employer to replace, there were no specific arrangements required for his recruitment.
42
annual_report
2167
544
The financial services industry is also impacted by the regulatory and legislative environment. In 2003, additional aspects of the Sarbanes-Oxley Act of 2002 were implemented as rules relating to corporate governance, auditor independence and disclosure became effective and/or was adopted in their final form. Various f...
104
10K
4678
1,318
See “Note 11-Stock Incentive Plans” to the Company’s Consolidated Financial Statements contained in this report.
15
10K
PowszechnyZakladUbezpieczenSA-AR_2012
1,307
Technical interest rate – drop by 1 p.p. (2 296) (2 168) (2 296) (2 168)
16
annual_report
3157
658
The pool notice inventory decreased from 23,772 at December 31, 2005 to 20,458 at December 31, 2006; the pool notice inventory was 25,500 at December 31, 2004.
27
10K
StandardLifeAberdeenPLC-AR_2015
1,578
Company and the Group  Taking reasonable steps to prevent and detect fraud and other irregularities
16
annual_report
5373
970
$28.5 million of Net Prior AY Reserve Releases for the year ended December 31, 2016, due to favorable loss emergence across all reporting segments. This compares to $64.7 million of Net Prior AY Reserve Releases for the same period in 2015, due to favorable loss emergence across all reporting segments.
50
10K
nl_ing_grp-AR_2018
1,337
Shares not included in the Securities Giro Transfer system (‘Wet Giraal Effectenverkeer’ system) are transferred by means of a deed of transfer between the transferor and the transferee. To become effective, ING Group has to acknowledge the transfer, unless ING Group itself is a party to the transfer. The Articles of A...
77
annual_report
SwissReCorporateSolutions-AR_2018
392
Gains and losses on assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (level 3) The gains and losses relating to the assets and liabilities measured at fair value using significant unobservable inputs (level 3) for the years ended 31 December were as follows: Gains...
78
annual_report
PosteItalianeSpA-AR_2019
9,301
Company the document with its own assessments for each of the profiles referred to by
15
annual_report
212
624
(a) (1) The following consolidated financial statements of Financial Institutions Insurance Group, Ltd. are included in
16
10K
3759
1,160
•positively rebalance Willis' business lines mix, with the Reinsurance businesses, which in 2007 accounted for 15 percent of Willis' revenues, going to 12 percent of the revenues of the combined company. Meanwhile, the Employee Benefits business will increase from 10 percent of Willis' current revenues to 13 percent of...
55
10K
4580
703
Statutory capital and surplus is the capital of our insurance companies reported in accordance with accounting practices prescribed or permitted by the applicable state insurance departments. Risk-based capital (“RBC”) is a measure of an insurer’s solvency calculated using formulas and instructions from the National As...
106
10K
4557
2,884
(2) The Company had previously disclosed the NAR based on the excess of the benefit base over the contractholder’s total contract account value on the balance sheet date. Such amounts were $9.7 billion and $12.1 billion at December 31, 2012 and 2011, respectively. The Company has provided, in the table above, the NAR a...
87
10K
3926
1,370
In September 2006, the FASB issued FASB Statement No. 157, Fair Value Measurements (“FASB Statement No. 157”). FASB Statement No. 157 defines fair value, establishes a framework for measuring fair value in accordance with accounting principles generally accepted in the United States, and expands disclosures about fair ...
68
10K
522
199
Income tax expense for 1996, 1995 and 1994, as a percentage of earnings before income taxes, including the extraordinary loss in 1995 and extraordinary gain in 1994, was 40.0%, 16.9% and 24.2%, respectively. See "Extraordinary Item." The fluctuations in income tax expense as a percentage of earnings before income taxes...
107
10K
SwissLifeHoldingAG-AR_2008
2,752
AWD Savjetovanje d.o.o. za poslovno savjetovanje, Zagreb AWD from 19.03.2008 96.7% 100.0% full HRD 20
15
annual_report
de_allianz-AR_2016
155
− Initial review of the annual Allianz sE and consoli- dated financial statements, management reports (incl. Risk Report) and the dividend proposal, review of half-yearly reports or, where applicable, quarterly financial reports or statements
34
annual_report
3510
1,196
by the addition of a reserve for adverse claims development when estimating the liability at the end of the period (captured as “components of medical care costs related to current year”).
31
10K
StandardLifeAberdeenPLC-AR_2016
1,124
The key outputs from the review included:  �Recognising the Directors’ collective role in setting the ‘tone from the top’ and monitoring how culture was embedded across the Group
29
annual_report
5052
863
Loss Reserves for Watford Re are comprised of case reserves, ACRs and IBNR losses. For all business assumed by Watford Re, we act as reinsurance underwriting manager, provide actuarial and risk management services and recommend a level of Loss Reserves to Watford Re. We do not guarantee or provide credit support for Wa...
126
10K
HelvetiaHoldingAG-AR_2012
1,030
The carrying amounts of financial assets that are not classified as “at fair value through profit or loss” (LAR, HTM, AFS) are regularly reviewed for impairment. If objective and substantial evidence indicates permanent impairment at the reporting date, the difference between cost and the recoverable amount is recognis...
221
annual_report
5781
818
Other assets consist primarily of identifiable intangible assets, property and equipment owned, right-of-use assets for our long-term leases, receivables resulting from sales of securities that had not yet settled as of the balance sheet date and prepaid expenses.
38
10K
fr_axa-AR_2013
6,959
INTERNATIONAL INSURANCE 3,143 2,987 of which direct premiums 2,244 2,059 of which reinsurance assumed 670 705 of which revenues from other activities 228 222
24
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009
967
With a gross premium volume of €0.8bn (0.9bn), our branch in the United Kingdom kept its premium income in original currency stable compared with the previous year, despite the difficult economic situation. Downward pressure on the prices of pure mortality covers persisted, but we succeeded in securing our strong marke...
104
annual_report
4519
1,331
The fair value method of accounting recognizes share-based compensation to employees and non-employee directors in the statements of operations using the grant-date fair value of the stock options and other equity-based compensation expensed over the requisite service and vesting period.
40
10K
gb_lloyds_banking_grp-AR_2016
1,379
Dear Shareholder Throughout 2016, the Audit Committee has continued to focus on its key objectives, overseeing financial reporting, internal controls, whistleblowing, and internal and external audit.
26
annual_report
3015
828
Investment managers are required to notify management of rating agency downgrades of securities in their portfolios as well as any potential investment valuation issues at the end of each quarter. Investment managers are also required to notify management to the extent the investment manager is contemplating a transact...
56
10K
HelvetiaHoldingAG-AR_2013
2,591
Annual Premium Equivalent (APE): 100 % annual new business premium +10 % single new business premium. PVNBP: Present value of new business premium.
23
annual_report
fr_axa-AR_2008
4,885
HOHO 3: class C Junior Class C Subordinated Mortgage-backed notes, maturity 2083, 3 month Euribor + 0.29%, Floating – – 9
21
annual_report
INGGroepNV-AR_2018
4,980
The cover values are presented for the total portfolio of ING, both the performing and nonperforming portfolio. The non-performing definition is explained in detail in the section ‘Credit
28
annual_report
5411
601
There is no primary market and only a limited secondary market for the Company's investments in limited partnerships and, in most cases, the Company is prohibited from disposing of its limited partnership interests for some period of time and generally must seek approval from the applicable general partner for any such...
107
10K
702
267
The level of below investment grade bonds, which increased slightly during 1997, is within the guidelines authorized by the Policy. Generally, non- investment grade bonds, whether purchased via private placements or in public markets, are in the highest tier of ratings just below investment grade.
45
10K
4457
661
Share Repurchases. In November 2010, the EHI Board of Directors (Board of Directors) authorized a share repurchase program of up to $100 million of the Company's common stock from November 8, 2010 through June 30, 2012 (the 2011 Program). In November 2011, the Board of Directors authorized a $100 million expansion of t...
139
10K
SwissReAG-AR_1981
146
Events on the foreign exchange markets were character­ ized by the devaluation of practically all major investment currencies against the Swiss franc, the only exceptions being the US and Canadian dollars, which were able to improve marginally. The drop was particularly pro­ nounced among leading European currencies, a...
58
annual_report
5152
1,184
value of the investment, whether currently expected cash flows are less than those expected at the time the investment was acquired, and our ability and intent to hold the investment until the recovery of its carrying value.
37
10K
RaiffeisenBankInternationalAG-AR_2014
1,105
Business outlets 4 1 – 3,025 1 Adaption of previous year figures due to different allocation.
16
annual_report
gb_lloyds_banking_grp-AR_2017
3,599
The defined benefit pension schemes’ assets and liabilities are included under Other assets and Other liabilities in this table and note 35 on page 206 provides further information.
28
annual_report
gb_prudential-AR_2005
3,887
Limited that was sold in August 2004 and realised a profit on sale of £7 million before tax. This has been further disclosed in the discontinued operations note (see note F6).
31
annual_report
5108
1,819
In the normal course of investing activities, we actively manage allocations to non-controlling tranches of structured securities (variable interests) issued by VIEs. These structured securities include RMBS, CMBS and ABS and are included in
34
10K
BaloiseHoldingLtd-AR_2016
1,855
The mortgage portfolio comprises loans to individuals and to legal entities. The type and degree of risk that may be incurred, together with collateralisation and quality requirements, are set out in directives and authorisation levels. To mitigate risk, the portfolio is as geographically diverse as possible.
46
annual_report
4911
3,934
The following table presents long-duration insurance in-force ceded to other insurance companies:
12
10K
2343
570
T. USE OF ESTIMATES - In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at...
72
10K
4146
568
Results for the year ended December 31, 2009 included expense of $45 million related to our pension and postretirement plans, compared with a benefit of $14 million for the year ended December 31, 2008. Based on our current assumptions and investment performance in 2009, our estimated 2010 expense for the CNA Retiremen...
66
10K
4608
376
For the year ended December 31, 2012, Risk Solutions and our Agencies generated revenues of $15.7 million compared to $13.1 million for the year ended December 31, 2011 due to higher revenues generated at HIO and Risk Solutions, and the addition of IHC Specialty Benefits in 2012.
47
10K
DirectLineInsuranceGroupPLC-AR_2020
2,006
– Our #WeCare campaign celebrated the diversity of our people by sharing stories to build a greater understanding of difference and reinforce a culture where our people can ‘bring all of themselves to work’.
34
annual_report
3278
1,658
Change in unearned premiums for the year ended December 31, 2007 was $60.3 million compared to $170.6 million for the year ended December 31, 2006, a decrease of $110.2 million or 64.6%.
32
10K
3596
1,196
An amended complaint was filed in Illinois (Independent Trust v. Fidelity National Title Insurance Company of New York, filed on June 26, 2006 in the United States District Court for the Northern District of Illinois, Eastern Division) related to the litigation spawned by the defalcation of Intercounty Title Company of...
101
10K
ASRNederlandNV-AR_2017
889
As it does every year, a.s.r. updated its recovery plan in 2017. The purpose of the recovery plan is to increase the chances of a successful early intervention in the event of a financial crisis situation and to further guarantee that the interests of policyholders and other stakeholders are protected. The recovery pla...
95
annual_report
5347
561
In each of these areas of strategic growth emphasis, we intend to invest in and expand our technology-based product offerings, update our technology platform, utilize strategic partnerships to expand our product and market reach, and invest in optimizing our brand and our websites. In our individual and family health i...
97
10K
5033
1,109
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Mercury General Corporation and subsidiaries as of December 31, 2015 and 2014, and the results of their operations and their cash flows for each of the years in the three-year peri...
63
10K
4003
1,234
The tables below present the balances of assets and liabilities measured at fair value on a recurring basis at December 31, 2009 and 2008.
24
10K
4677
864
The Company’s historical experience has shown that estimated premiums from proportional contracts have varied and have been adjusted by up to approximately 7%, although larger variations, both positive and negative, are possible as a result of changes in one or more of the premium assumptions as noted above. A 7% varia...
90
10K
5279
1,282
Although the Company has not elected to net its derivative exposures, the notional amounts and fair values of Over-The-Counter ("OTC") and cleared derivatives excluding exchange traded contracts and forward contracts (To Be Announced mortgage-backed securities) are presented in the tables below as of the dates indicate...
46
10K
2611
1,323
Note 20 -- Information Provided in Connection with Market Value Annuity of John Hancock Variable Life Insurance Company
18
10K
5104
1,489
Our freestanding derivative financial instruments consist of: (1) foreign currency swaps and credit default swaps that are associated with investments in special-purpose entities, including VIEs where we are the primary beneficiary; (2) foreign currency forwards and options used in hedging foreign exchange risk on U.S....
237
10K
SwissLifeHoldingAG-AR_2015
939
G4-PR2 Violation of regulations and codes of conduct concerning products and p. 84 services related health and safety Product and Service Labelling p. 84
24
annual_report
LloydsBankingGroupPLC-AR_2012
1,594
The Board continues to focus on improving gender diversity. With the appointments of sara Weller and carolyn Fairbairn as non-Executive directors in 2012, the Board has shown demonstrable progress, raising the percentage of female representation on the Board from 8 per cent to 27 per cent, exceeding the 2015 target of ...
59
annual_report
2889
1,358
Further information on our pension and postretirement benefit obligations is included in Note 17 of the Notes to Consolidated Financial Statements included under Item 8.
25
10K
4171
1,495
Favorable or adverse development related to the guaranteed reserves is recorded as a change in unpaid losses and loss expenses in the Consolidated Balance Sheets and as a change in the Reserve Agreement payable or receivable balance to/from Colisée Re, which is included within Other reinsurance balances payable in the ...
132
10K
ch_zurich_insurance_group-AR_2010
310
Susan Bies, born 1947, graduated with a BS degree from the State University College at Buffalo, New York, and with a MA degree from Northwestern University, Evanston, Illinois, where she later gained a PhD. She began her career in 1970 as regional and banking structure economist with the Federal Reserve Bank of St. Lou...
241
annual_report
gb_prudential-AR_2017
1,059
The Board receives periodic updates on cyber risk management throughout the year, which includes assessments against the core objectives under our Group‑wide Cyber Risk Management Strategy and progress updates on the associated Group‑wide Coordinated Cyber Defence Plan.
37
annual_report
ch_zurich_insurance_group-AR_2011
557
Group Executive Committee Remuneration of the Group Executive Committee The total remuneration of the members of the GEC for 2011 comprised the value of cash remuneration (including short-term cash incentive), pensions, other remuneration and the target equity grants made under the Group’s Long-Term Incentive Plan in 2...
47
annual_report
218
233
- --------------- * The liability for workers' compensation tabular reserves for claims and claim expenses is discounted as discussed herein. Therefore, the liability reestimated for each year includes the effect of the discount and its amortization.
36
10K
5501
2,585
Historically, we have managed our exposure to sub-prime RMBS holdings by focusing primarily on senior tranche securities, stress testing the portfolio with severe loss assumptions and closely monitoring the performance of the portfolio. Our sub-prime RMBS portfolio consists predominantly of securities that were purchas...
124
10K
5089
2,299
The guarantor structure described above differs from the guarantor structure associated with the senior notes issued by Willis North America (the ‘Willis North America Debt Securities’) (and for which condensed consolidating financial information is presented in Note 28) in that Willis Towers Watson is the Parent Issue...
55
10K
ScorSE-AR_2020
1,004
7 Shall not have been a director of the Company for more than twelve (12) years (the loss of independent director status in this regard will occur on the date at which this period of twelve years is reached).
39
annual_report
HiscoxLtd-AR_2005
218
Over the last year, Hiscox UK has increased its marketing spend and tested a variety of new advertising concepts and direct mail programmes. While this activity is helping to increase awareness of the Hiscox brand, its primary purpose is to generate business for the UK operations.
46
annual_report
gb_lloyds_banking_grp-AR_2015
1,851
António Horta-Osório 22,156 – – – 22,156 40.62p 1/6/2016 30/11/2016 1
11
annual_report
3830
776
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of income, of shareholder’s equity, of comprehensive income and of cash flows present fairly, in all material respects, the financial position of Crum & Forster Holdings Corp., an indirect wholly-owned subsidiary of Fai...
216
10K
SwissReAG-AR_1991
248
German mark 89.15 85.50 4.3 + Pound sterling 253.— 246.— 2.8 + French franc 26.10 25.10 4.0 + Belgian franc 4.3250 4.14 4.5 + Dutch guilder 79.10 75.75 4.4 + Italian lira 0.1176 0.1134 3.7 + Spanish peseta 1.3975 1.3350 4.7 + US dollar 135.25 128.50 5.3 + Canadian dollar 117.25 110.50 6.1 + Yen 1.08 0.95 13.7 + Rand 49...
63
annual_report
LloydsBankingGroupPLC-AR_2007
1,332
• The majority of total compensation is linked to the achievement of stretching performance targets.
15
annual_report
3070
356
At December 31, 2006 and 2005, we had separate accounts assets related to variable annuity and variable life contracts with account values totaling $16.17 billion and $15.24 billion, respectively. Equity risk exists for contract charges based on separate account balances and guarantees for death and/or income benefits ...
139
10K
2543
410
The Company, through its insurance subsidiaries, maintains a program in which investments are financed using advances from various Federal Home Loan Banks. The Company has utilized this program to manage the duration of its liabilities and to earn spread income, which is the difference between the financing cost and th...
149
10K
NatixisSA-AR_2012
1,870
V the acknowledgment of all correspondence from the Autorité de Contrôle Prudentielle (ACP) as well as all correspondence and information from the Autorité des Marchés Financiers (AMF)and the answers to said correspondence from Natixis.
34
annual_report
4646
1,031
Also in December 2011, the FASB issued authoritative guidance that requires a reporting entity to follow the real estate sales guidance when the reporting entity ceases to have a controlling financial interest in a subsidiary that is in-substance real estate as a result of a default on the subsidiary's nonrecourse debt...
76
10K
Sampoplc-AR_2006
2,796
Other liabilities for Banking and investment services (discontinued operations) at 31 Dec. 2006 presented in Liabilities directly associated with non-current assets classified as held for sale, note 37.3.
28
annual_report
fr_axa-AR_2005
4,060
The loss reserve development table indicates movements in loss reserves between 1995 and 2005, based on previously applied accounting standards, in accordance with IFRS 4. All contracts concerned are insurance contracts as defined by IFRS. The first row represents loss reserves recorded in the balance sheet in the year...
211
annual_report
fr_axa-AR_2002
1,209
PanEurolife, a life insurance company incorporated in Luxembourg. Nationwide is seeking cancellation of the sale and/or damages after PanEurolife was investigated by the French judicial system for money laundering.
29
annual_report
4471
1,921
The Company has established several senior management committees as part of its capital management process. These committees, including the Capital Management Committee and the Enterprise Risk Committee (comprised of members of senior management, including MetLife, Inc.’s Chief Financial Officer, Treasurer and Chief Ri...
83
10K
nl_ing_grp-AR_2012
3,045
In 2010, ´Change in life insurance provisions´ includes an amount related to variable annuity assumption changes in the United States and Japan of approximately EUR 356 million. These assumptions were updated to reflect lower-than-expected surrenders on policies where the value of the benefit guarantees is significant.
46
annual_report
542
217
- MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION This item is incorporated by reference to Management's Discussion and Analysis of Results of Operations and Financial Condition in the 1996 Annual Report.
35
10K
2384
1,115
Investigations by regulatory agencies into Select Portfolio Servicing’s activities and private litigation involving Select Portfolio Servicing could harm its business and adversely affect our investment in SPS.
27
10K
3348
487
Modifications or enhancements made to an existing software product that result in additional functionality are also capitalized. When the new software is placed in production, we begin amortizing the asset over its estimated useful life. Training and maintenance costs are accounted for as expenses as they occur. We per...
125
10K
4334
2,301
Basic earnings per share excludes dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the dilutive effect of all stock options and other items outstanding during the period that co...
93
10K
4538
1,388
The Merged Company surrendered its surety license. The Merged Company has no surety policy premium in force.
17
10K
5553
1,034
We review our employee demographic assumptions annually and update the assumptions as necessary. During 2018, we revised the mortality assumptions for the U.S. plans to incorporate the new mortality tables issued by the Society of Actuaries, adjusted to reflect Company-specific experience and future expectations. This ...
60
10K
4477
903
The Company considers all highly liquid securities and other investments purchased with an original or remaining maturity of three months or less at the date of purchase to be cash equivalents. Cash equivalents are stated at amortized cost, which approximates estimated fair value.
43
10K
4606
11,726
The discussion in this 2012 Form 10-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. The...
1,091
10K
NatixisSA-AR_2008
7,297
The following table shows a reconciliation between the fi nancial statements of the insurance companies and how these fi nancial statements translate into fi nancial statements in the banking format.
30
annual_report
4383
2,140
Unrealized net capital gains totaled $1.97 billion as of December 31, 2011 compared to unrealized net capital gains of $758 million as of December 31, 2010. The improvement since December 31, 2010 was due to declining risk-free interest rates, partially offset by widening credit spreads. The following table presents un...
59
10K
AegonNV-AR_2004
963
The gain on the sale of TFC businesses in 2004, which was credited to shareholders’ equity under DAP, will be reflected in the income statement in 2004 under IFRS.
29
annual_report
4082
910
The Company no longer insures new credit derivative contracts except in transactions related to the restructuring or reduction of existing derivative exposure. As a result, premiums earned related to insured credit derivatives will decrease over time as exposure to such transactions declines. Realized losses on insured...
121
10K
NatixisSA-AR_2017
4,258
In 2017, goodwill increased by +€202 million, excluding translation losses (-€201 million).
12
annual_report
AvivaPLC-AR_2016
7,188
Aviva Investors Strategic Bond Fund OEIC 34 Aviva Investors UK Cresd GP Limited Ordinary Shares 100 Aviva Investors UK Equity Fund OEIC 26 Aviva Investors UK Equity Income Fund OEIC 56 Aviva Investors UK Equity Mom 1 Fund OEIC 83 Aviva Investors UK Growth Fund OEIC 36 Aviva Investors UK Index Tracking Fund OEIC 72 Aviv...
81
annual_report
fr_axa-AR_2006
5,058
Value before Impact Impact Value including effect of of derivative of other effect of derivative instruments derivative derivatives instruments subject to instruments hedge accounting
24
annual_report
StorebrandASA-AR_2011
781
The statement below describes how Storebrand complies with the 15 sections of the
13
annual_report
PhoenixGroupHoldingsPLC-AR_2015
127
MANAGEMENT SERVICES COMPANIES Provides our life companies with all required management services
12
annual_report
SwissLifeHoldingAG-AR_2009
2,130
The Group manages interest rate risk by managing the interest rate sensitivity of key rate exposures of its investment portfolio against the interest sensitivity of key rate exposures of liabilities issued. The key rate exposure of the liabilities is determined by projecting the expected cash flows from the contracts u...
161
annual_report