report_id
stringlengths
1
60
paragraph_nr
int64
0
28.3k
text
stringlengths
21
14.6k
n_words
int64
11
2.31k
filing_type
stringclasses
2 values
3482
1,132
We have SERPs for our two senior executives: Chairman, Michael Butt, and President and Chief Executive Officer (CEO), John Charman. The SERP requires our Company to make annual payments upon retirement for a period of 20 years for our CEO and 10 years for our Chairman. If either the CEO or Chairman dies, is disabled or...
136
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002
859
05 Corporate responsibility Other seats held by Board members Munich Re Group Annual Report 2002 * Own group company within the meaning of Section 18 of the German Stock Companies Act.
31
annual_report
NatixisSA-AR_2015
6,284
Compensation for corporate offi cers is granted as detailed in the standardized tables compliant with AMF recommendations in parts 2.4 of the registration document.
24
annual_report
de_allianz-AR_2014
1,175
Asset Management − Operating profit decreased 17.6 % to € 2,603 MN. − Cost-income ratio at 59.2 %. − Total assets under management grew 1.8 % to € 1,801 BN. − Third-party net outflows of € 226 BN.
38
annual_report
ScorSE-AR_2020
1,811
Pursuant to a decision taken by the Board of Directors on April 28, 2020 following a proposal from the Compensation and Nomination Committee at its April 24, 2020 meeting, in accordance with the authorization granted to the Board of Directors by the Ordinary and Extraordinary Shareholders' Meeting of April 26, 2019, 12...
80
annual_report
AvivaPLC-AR_2016
3,227
Notes to the consolidated financial statements continued 3 – Subsidiaries This note provides details of the acquisitions and disposals of subsidiaries, joint ventures and associates that the Group has made during the year, together with details of businesses held for sale at the year end and subsequent events.
48
annual_report
2027
489
In assessing the net realizable value of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in ...
150
10K
5278
1,570
In the normal course of business, the Company seeks to limit its exposure to loss on any single insured and to recover a portion of benefits paid by ceding reinsurance to other insurance enterprises or reinsurers under excess coverage and coinsurance contracts. In the individual life markets, the Company retains a maxi...
165
10K
ch_zurich_insurance_group-AR_2010
536
• For each STIP pool, the target funding pool is equal to the sum of the individual target award levels for the participants in the pool.
26
annual_report
de_allianz-AR_2012
2,847
Alida Grundstücksgesellschaft mbH & Co. kg, Hamburg 4/4/2012 39.8 22 12 (34) Allianz-Slovenská poist’ovna a.s., Bratislava 6/1/2012 15.0 144 (49) (95) Allianz Insurance plc, Guildford 9/3/2012 2.0 29 (2) (27)
30
annual_report
SwissReAG-AR_2008
713
In addition to spot liquidity, a sizeable portfolio of other unencumbered assets are held within the SRZ liquidity pool. We target holding total unencumbered assets, including spot liquidity, that would provide sufficient funds if pledged or sold to meet the liquidity requirements stemming from an aggregate extreme los...
234
annual_report
SwissReAG-AR_2015
4,357
Reviewing the relevant documentation on a sample basis, including Swiss Re’s CR-related policies, the management of reporting structures, the documentation and systems used to collect, analyse and aggregate reported CR data and information; ̤ Assessment of the processes and data consolidation Reviewing the appropriaten...
94
annual_report
4526
1,023
Premiums, including estimates of additional premiums resulting from audits of insureds’ records, are generally recognized as written upon inception of the policy. Premiums written are primarily earned on a daily pro rata basis over the terms of the policies to which they relate. Accordingly, unearned premiums represent...
190
10K
StandardLifeAberdeenPLC-AR_2013
872
During the year we have further developed and embedded our ORSA process. This has been built on our ERM framework which provides a good foundation for this in terms of identifying, assessing, controlling and monitoring risks.
36
annual_report
fr_axa-AR_2009
8,086
(27% and 28% respectively at the end of December 2008 and 2007), (iii) 15% were futures and forwards, mainly other than foreign currency products (20% and 17% respectively at the end of 2008 and 2007) and (iv) 10% were credit derivatives (7% and 6% respectively at the end of 2008 and 2007). Credit derivatives are mainl...
93
annual_report
2077
358
One customer of the fleet trucking segment represents approximately $39,359, $28,864 and $23,739 of the Company's consolidated direct and assumed premium written in 2002, 2001 and 2000, respectively.
28
10K
5896
920
•We evaluated the methods and assumptions used by the Company to estimate the policy liabilities and unpaid claims reserve through the following procedures:
23
10K
AegonNV-AR_2018
5,374
Transamerica Corporation made a pension plan contribution of EUR 190 million in September 2018 (EUR 89 million in September 2017) that was over and above the minimum required funding levels as set forth by the Internal Revenue Code.
38
annual_report
73
218
(h) Income Taxes-The Corporation and most of its subsidiaries file a consolidated tax return and provide for income taxes payable currently. Deferred income taxes included in the accompanying consolidated financial statements pursuant to generally accepted accounting principles will not necessarily become payable/recov...
160
10K
fr_axa-AR_2018
420
The Board of Directors held at the end of the Shareholders’ Meeting confirmed the renewal of Messrs. Denis Duverne and Thomas Buberl as Chairman of the Board of Directors and Chief Executive Off icer respectively, for the duration of their directorships as members of the Board.
46
annual_report
de_allianz-AR_2004
2,348
Loans and advances to customers include amounts receivable under finance leases at their net investment value totaling ¤1,247 mn (2003: ¤933 mn). The corresponding gross investment value of these leases amounts to ¤1,517 mn (2003: ¤1,030 mn), and the associated unrealized finance income is ¤270 mn (2003: ¤97 mn). The r...
102
annual_report
5186
1,526
The estimated net loss and prior service cost for the defined benefit pension plans and post-retirement plans that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year are $3.9 million and $1.7 million, respectively.
43
10K
fr_axa-AR_2005
2,769
7 Value of purchased business in force (a) 2,623 3,123 2,993 2,814 8 Deferred acquisition costs and equivalent (b) 15,475 13,008 11,954 10,993
23
annual_report
3474
784
Under the binomial lattice model, expected volatility is based on a number of factors, including historical volatility, return on equity, price to book value ratios and trends impacting the medical professional liability insurance industry. The Company uses historical data to estimate option exercise and employee termi...
114
10K
5208
774
Net income attributable to Aetna for Health Care decreased $44 million in 2016 compared to 2015, primarily as a result of an increase in restructuring costs and the favorable impact of litigation-related proceeds recorded during 2015, substantially offset by the increase in operating earnings described below and net re...
61
10K
5933
683
The Company's Extended Warranty subsidiaries fund their obligations primarily through service fee and commission revenue. The Company's Leased Real Estate subsidiary funds its obligations through rental revenue. The Company's insurance subsidiaries fund their obligations primarily through available cash and cash equiva...
41
10K
3908
1,404
Other intangible assets include licenses of certain subsidiaries of the Company in various jurisdictions that allow such subsidiaries to write insurance and/or reinsurance business. These intangible assets are carried at or below estimated fair value and consistent with goodwill, are tested on an annual basis for impai...
174
10K
fr_axa-AR_2008
4,224
This company was proportionately consolidated and is now consolidated by equity method; • The capital increase of AXA Minmetals (€11 million), included in the line “Other”; • The capital reduction of Banque de Marchés et d’Arbitrage (€–6 million).
38
annual_report
5505
1,545
In each of 2016 and 2015, we paid $42 million in connection with a 2012 settlement agreement with Freddie Mac regarding the aggregate loss limit under certain pool insurance policies. The final payment under that settlement agreement was made on December 1, 2016.
43
10K
gb_prudential-AR_2006
1,993
The Committee’s principal oversight responsibilities cover: • internal control and risk management; • internal audit; • external audit (including auditor independence); and
22
annual_report
5120
899
Certain annuity contracts contain GMWB or GMAB provisions, which guarantee the right to make limited partial withdrawals each contract year regardless of the volatility inherent in the underlying investments or guarantee a minimum accumulation value of consideration received at the beginning of the contract period, aft...
87
10K
HelvetiaHoldingAG-AR_2015
972
In 2015, the domestic market once again emerged as the solid foundation of the Group. Helvetia grew profitably and further solidified its position as the strong number three in the market. Business volume grew to a pleasing CHF 4,953.4 million, which corresponds to an increase of 13.4 %. Premiums in the non-life busine...
221
annual_report
fr_axa-AR_2006
569
– AXA’s principal subsidiaries, whether traded on a public stock market or not, have appointed independent (non-executive) directors to their boards of directors and audit committees,
26
annual_report
3021
3,098
Assets held by VIEs which are currently consolidated because AIG is the primary beneficiary (except for those VIEs where AIG also owns a majority voting interest), approximated $9.1 billion at December 31, 2006. These consolidated assets are reflected in AIG’s consolidated balance sheet as Investments and Financial ser...
49
10K
RSAInsuranceGroupPLC-AR_2012
3,443
A COR of less than 100% indicates that we are writing profitable business
13
annual_report
3211
906
In March 2006, media reports questioned whether a number of companies, including UnitedHealth Group, had engaged in backdating stock option grants. Shortly thereafter, the Company was notified that the Securities and Exchange Commission (the “SEC”) had commenced an inquiry into the Company’s historic practices concerni...
48
10K
LloydsBankingGroupPLC-AR_2020
6,365
Save-As-You-Earn schemes Eligible employees may enter into contracts through the Save-As-You-Earn (SAYE) schemes to save up to £500 per month and, at the expiry of a fixed term of three years, have the option to use these savings within six months of the expiry of the fixed term to acquire shares in the Group at a disc...
82
annual_report
3173
7,491
Each of the markets we serve is unique. We believe that a key factor in increasing patient volumes is to provide the range of services that our patients need. Our strategy of developing market-focused regional healthcare systems provides us greater flexibility in improving the quality, convenience and efficiency of hea...
150
10K
1283
670
Loss and LAE as a percentage of net earned premiums increased from 89.8% in 1998 to 94.5% in 1999. The primary reason for such increase related to certain performance and payment bonds written in 1999 for three entertainment events that did not occur which resulted in losses of approximately 38.5 million. Additionally,...
75
10K
ScorSE-AR_2009
2,805
The authorisations granted by the Shareholders’ Meeting of 15 April 2009 are each granted for an eighteen (18) months duration as from the date of the Shareholders’ Meeting, i.e. until 15 October 2010, date on which it will be deemed expired if the Board of Directors did not use it.
50
annual_report
BaloiseHoldingLtd-AR_2016
922
The other members of the Board of Directors have never been entitled to have contributions paid to the pension fund, nor have such contributions been paid to them�
28
annual_report
4568
1,236
Description of Business. Primerica, Inc. (the "Parent Company"), together with its subsidiaries (collectively, "we", "us" or the "Company"), is a leading distributor of financial products to middle income households in the United States and Canada. We assist our clients in meeting their needs for term life insurance, w...
170
10K
4396
780
Investments: Certain Financial Accounting Standards Board, or FASB, other-than-temporary impairment, or FASB OTTI, guidance applies to fixed maturity securities and provides guidance on the recognition and presentation of other-than-temporary impairments. In addition, this FASB OTTI guidance requires disclosures relate...
222
10K
5581
1,053
Expected term for awards granted to employees -The Company has based its expected term for awards issued to employees on the simplified method, as permitted by the SEC Staff Accounting Bulletin No. 110, Share-Based Payment, as the Company has insufficient historical information regarding its stock options to provide a ...
53
10K
4196
738
For the year ended December 31, 2009, we recognized an impairment of $1.9 million in the fair value of equity securities in our investment portfolio. The impairment was recognized as a result of the severity and duration of the decline in the market values of these securities primarily due to market conditions. We dete...
124
10K
4191
1,587
Our retirement income business increased $119 million. Our spread-based products increased $88 million primarily from an increase in net investment spreads. Our fee-based products increased $31 million mainly attributable to market growth.
32
10K
1107
479
Cash from Subsidiaries. Cash generated by the Company's insurance subsidiaries is made available to PennCorp principally through periodic payments of principal and interest on surplus debentures issued by PLAIC, Constitution and Pioneer Security (collectively, the "Surplus Note Companies"). With respect to Constitution...
129
10K
2927
546
Overall operating expenses have increased $42.3 million, or 18.2% for the year ended December 31, 2004, compared to the prior year, primarily resulting from expansion of our operations via acquisitions. Operating expenses as a percentage of total revenue increased to 91.4% for the year ended December 31, 2004 compared ...
55
10K
2013
3,487
Accounting changes adopted to conform to the provisions of the NAIC Accounting Practices and Procedures manual, version effective January 1, 2001, are reported as changes in accounting principles in the statutory financial statements. The cumulative effect of changes in accounting principles is reported as an adjustmen...
187
10K
PhoenixGroupHoldingsPLC-AR_2018
869
The Joint Operating Forum between SLA plc and Phoenix will develop the partnership in existing areas, and identify areas for future growth and partnership, for the benefit of customers and shareholders of each Group. Through the Client Service and Proposition Agreement Phoenix and SLA plc will actively collaborate acro...
58
annual_report
4732
1,238
Our long-term debt, recorded at carrying value in our consolidated balance sheets, was $2,600 million at December 31, 2013 and $2,611 million at December 31, 2012. The fair value of our long-term debt was $2,751 million at December 31, 2013 and $2,923 million at December 31, 2012. The fair value of our long-term debt i...
97
10K
INGGroepNV-AR_2007
3,257
FINANCIAL INSTRUMENTS Contracts that give rise to both a fi nancial asset for one company and a fi nancial liability or equity instrument for another company.
26
annual_report
5403
785
Rescissions reduced the Company's paid losses by an estimated $13.1, $1.4, and $33.0 for 2017, 2016, and 2015, respectively.
19
10K
AssicurazioniGeneraliSpA-AR_2014
3,875
BG Fiduciaria - Società di Intermediazione Mobiliare S.p.A. 086 EUR 5,200,000 G 8 100.00 Banca Generali S.p.A. 100.00 50.61
19
annual_report
1523
896
Segment after-tax operating income was $201.7 million in 1999, an increase of $56.0 million, or 38.4%, from $145.7 million in 1998. Spread-based products segment after-tax operating income increased $46.9 million, or 39.9%, primarily due to higher investment spread as a result of an increase in average invested assets ...
98
10K
4167
2,071
In the ordinary course of its insurance business, the Company receives claims for insurance arising under policies issued by the Company asserting alleged injuries and damages from asbestos- and environmental-related exposures that are the subject of related coverage litigation, including, among others, the litigation ...
105
10K
4838
1,072
In addition, for debt securities which we do not intend to sell and it is not more likely than not we will be required to sell, but our intent changes due to changes or events that could not have been reasonably anticipated, an other than temporary impairment charge is recognized. Once an impairment charge has been rec...
148
10K
152
153
"Long Term Debt") and to replenish working capital used to pay for certain of the acquisitions (see Note 5 - "Acquisitions").
21
10K
NatixisSA-AR_2020
921
Vice-Chairman (from 19/10/2012 V to 15/10/2016), Chairman of the Compensation Committee (from 28/09/2012 to 15/10/2016), Member of the Audit Committee and the Risk Committee (from 05/05/2011 to 2016) of Banque Populaire du Nord; Chairman of the Norlink Ports V association (from 25/01/2017). (until December 2019)O
45
annual_report
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013
1,590
Assets acquired 49 Intangible assets 9 Investments 38 Receivables1 – Cash at bank, cheques and cash in hand – Deferred tax assets 2 Other assets –
26
annual_report
StandardLifeAberdeenPLC-AR_2017
1,815
 Aggregate performance data of mandates and funds against the relevant client-specific benchmarks, calculating the average, weighted by AUM. Blend of three-year and five-year performance, in equal proportions.
28
annual_report
5111
958
Amount represents credit-related losses for mortgage loans, other investments, real estate and fixed maturities written down to fair value through income.
21
10K
StandardLifeAberdeenPLC-AR_2017
259
We continue to develop our UK-wide financial planning business, 1825, to meet the growing demand for financial advice.
18
annual_report
StorebrandASA-AR_2020
2,185
the asset as tangible fixed assets and the lease liability as other debt. The recognised asset is amortised over the lease period and the depreciation expense is recognised as an operating expense on an ongoing basis. The interest expense on the lease liability is recognised as a financial expense. Leases with a durati...
92
annual_report
5140
913
Claims expenses include claims incurred, the cost of personnel administering the claims and providing member service relating to the claims and other operating expenses directly or indirectly related to claims administration. Claims incurred are the claims approved for payment plus an accrual for claims incurred that h...
85
10K
5146
1,038
The separate accounts are legally segregated and are not subject to the claims that arise out of any of our other business. The client, rather than us, directs the investments and bears the investment risk of these funds. The separate account assets represent the fair value of funds that are separately administered by ...
151
10K
5659
1,000
In September 2018, the Company acquired a non-controlling equity interest in a joint venture, whereby it has committed to licensing certain intellectual property and contributing up to $2.2 million AUD upon the achievement of specific operational milestones over a period of at least four years from the agreement execut...
132
10K
AvivaPLC-AR_2009
1,785
Andrew Moss Aviva Long Term Incentive Plan — 2006 87,804 — 49,433 38,371 0 814.0 202.5 Mar-09 — 2007 136,540 — — — 136,540 778.5 Mar-10 — 2008 253,289 — — — 253,289 617.5 Mar-11 — 2009 — 632,324 — — 632,324 245.0 Mar-12
44
annual_report
AvivaPLC-AR_2009
3,010
The shadow adjustments relate to deferred acquisition costs on business in the United States backed by investments classified as available for sale. As explained in accounting policy K, unrealised gains and losses on the AFS investments and the shadow adjustments above are both recognised directly in other comprehensiv...
49
annual_report
NatixisSA-AR_2005
1,397
However, the private placement of a number of EMTN issues ensured that the majority of requirements of more than one year were covered.
23
annual_report
3866
1,040
Another significant estimate relates to our accrual for property casualty contingent (profit-sharing) commissions. We base the contingent commission accrual estimates on property casualty underwriting results and on supplemental information. Contingent commissions are paid to agencies using a formula that takes into ac...
149
10K
4126
970
The amounts of debt obligations, other than commercial paper, that becomes due in 2010, 2011 and 2012 are $273 million, $11 million and $250 million, respectively.
26
10K
NatwestGroupPLC-AR_2008
149
Wealth management remains a strong growth opportunity and the business plans to pursue a more consolidated approach to the market through more co-ordination across the multiple brands with which it currently faces the market, whilst investing in additional Relationship Managers and platform functionality.
43
annual_report
5021
1,671
Beginning in the first quarter of 2014, the Company combined the results of its run-off reinsurance business with other immaterial operating segments in Other Operations. Prior year segment information has been conformed to the current presentation.
36
10K
RSAInsuranceGroupPLC-AR_2007
1,296
Reinsurers’ share of provision for unearned premiums at 31 December 215 189
12
annual_report
AssicurazioniGeneraliSpA-AR_2014
2,025
Three widely used valuation techniques are: — market approach: uses prices and other relevant information generated by market transactions involving identical or comparable (i.e. similar) assets, liabilities or a group of assets and liabilities; — cost approach: reflects the amount that would be required currently to r...
54
annual_report
TrygAS-AR_2010
465
Key ratios Gross claims ratio 69.0 74.1 88.4 Business ceded as percentage of gross premiums 2.0 2.6 -0.9 Claims ratio, net of ceded business 71.0 76.7 87.5 Gross expense ratio 22.2 24.5 24.1
33
annual_report
452
585
. Consolidated Statements of Cash Flows for the year ended December 31, 1994, of Terra Nova and for the years ended December 31, 1996 and 1995 of the Company. 52
30
10K
4495
753
A summary of PSP activity for the years ended December 31, 2011, 2010 and 2009 is as follows:
18
10K
gb_prudential-AR_2014
3,817
Other comprehensive income: Direct effect on carrying value of debt securities
11
annual_report
fr_axa-AR_2015
163
Brazil; (iv) Commercial International Life, the Life & Savings jointventure between Commercial International Bank (“CIB”) and
16
annual_report
AvivaPLC-AR_2020
2,108
Total emoluments of NEDs 1,318 1,019 53 110 1,371 1,129 104 104 1,475 1,233 1 Benefits include the gross taxable value of expenses relating to accommodation, travel and other expenses incurred on Company business in accordance with our expense policy and may vary year-on-year dependent on the time required to be spent ...
122
annual_report
de_allianz-AR_2003
943
_ The operating loss in the banking business was reduced by 1.6 billion euros to 357 million euros.
18
annual_report
2268
5,062
Although we expect the initiatives above to increase our patient volumes and revenues, the following risk factors could offset those increases:
21
10K
PosteItalianeSpA-AR_2018
1,012
The flexibility offered by the “Joint delivery” model also played a role in the conclusion of an agreement with Amazon in June, covering the delivery of products throughout Italy. Thanks to this partnership, which will have a duration of three years, renewable for a further two, the Group will help to drive the develop...
58
annual_report
AdmiralGroupPLC-AR_2009
774
BHBi Consultancy Limited carried out an external assessment of the Group’s Internal Audit function in November 2009. The purpose of the assessment was to assess Internal Audits conformity with the standards set by The Institute of internal Auditors; evaluate Internal Audit’s effectiveness in carrying out its defi ned d...
106
annual_report
SwissReAG-AR_2010
2,179
Long-term Incentive plan The Group annually grants a Long-term Incentive plan (LTI) to selected employees with a three-year vesting period. The requisite service period as well as the maximum contractual term for each plan is three years and the final payment, if any, occurs at the end of this performance measurement p...
119
annual_report
3655
761
Pre-tax underwriting results in 2007 included $519 million in underwriting gains from property business, partially offset by $44 million in underwriting losses from casualty/workers’ compensation business. The property business produced underwriting gains of $90 million for the 2007 accident year and $429 million from ...
94
10K
5606
1,316
In addition to the amounts invested in separate account investment options above, $3.4 billion at December 31, 2018 and $3.1 billion at December 31, 2017 of account balances of variable annuity contracts with guarantees, inclusive of contracts with MVA features, were invested in general account investment options. For ...
81
10K
fr_axa-AR_2003
841
Sumerian traders (3 100 BC to 1 BC), who assumed the risk of their caravan trade, invented the first insurance pool.
21
annual_report
4472
552
Certain reclassifications have been made in the previously reported financial statements and accompanying notes to make the prior period amounts comparable to those of the current period. Such reclassifications had no effect on previously reported net income or shareowner’s equity.
40
10K
4289
1,225
Integrated Policy Administration System - Hosting, License and Services Agreement - Upon adjudication of bankruptcy of Majestic Insurance, the policy administration system host, license and service provider (PAS Service Provider) may declare the hosting, license and service agreements terminated upon written notice to ...
147
10K
INGGroepNV-AR_2014
6,063
and recommendations intended to produce significant changes in how financial companies, particularly companies that are members of large and complex financial groups, should be regulated. These proposals address such issues as financial group supervision, capital and solvency standards, systemic economic risk, corporat...
182
annual_report
SwissReAG-AR_2019
860
Swiss Re’s central Financial Risk Management team oversees all activities that generate financial market or credit risk. Its mandate covers internally and externally managed assets, strategic participations, treasury activities, and credit and market risks that derive from Swiss Re’s underwriting and retrocession activ...
72
annual_report
SwissLifeHoldingAG-AR_2015
1,206
Other operating variances include effects from a revised surplus sharing approach and the handling of bond realisations.
17
annual_report
2889
2,097
Supplementary cash flow information - Cash payments made for interest on long-term debt, including capitalized interest and commitment fees, amounted to approximately $405.2 million, $295.7 million and $289.9 million for the years ended December 31, 2005, 2004 and 2003, respectively. Cash payments (refunds) for federal...
72
10K
2573
718
We have discussed the application of these critical accounting policies with our Board of Directors and Audit Committee. In 2004, we initially adopted the following accounting standards:
27
10K
NatwestGroupPLC-AR_2013
4,941
Debt securities in issue and subordinated liabilities Fair values are determined using quoted prices where available or by reference to valuation techniques, adjusting for own credit spreads where appropriate.
29
annual_report
SwissReAG-AR_2014
4,061
Climate change has been a strategic priority for Swiss Re for more than 20 years. It is a key topic for a re/insurer, because it is likely to cause more extreme and more frequent weather events, resulting in rising damages and insurance losses. Our strategy to tackle climate change rests on four pillars, one of which i...
68
annual_report
4658
803
Service and administrative fees for the three months ended March 31, 2012 increased $1.3 million, or 6.2%, to $22.5 million from $21.2 million for the same period in 2011. The increase resulted primarily from an increase of $1.0 million in Motor Clubs fees, a $0.6 million increase in our BPO segment revenues, including...
110
10K