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4888 | 1,403 | then available. Therefore, the Company has established repurchase agreement programs for certain of its insurance subsidiaries to provide liquidity when needed. The Company expects that the rate received on its investments will equal or exceed its borrowing rate. Under this program, the Company may, from time to time, sell an investment security at a specific price and agree to repurchase that security at another specified price at a later date. These borrowings are for a term less than 90 days. The market value of securities to be repurchased is monitored and collateral levels are adjusted where appropriate to protect the counterparty against credit exposure. Cash received is invested in fixed maturity securities, and the agreements provided for net settlement in the event of default or on termination of the agreements. As of December 31, 2014, the fair value of securities pledged under the repurchase program was $55.1 million and the repurchase obligation of $50.0 million was included in the Company’s consolidated balance sheets (at an average borrowing rate of 16 basis points). During the year ended December 31, 2014, the maximum balance outstanding at any one point in time related to these programs was $633.7 million. The average daily balance was $470.4 million (at an average borrowing rate of 11 basis points) during the year ended December 31, 2014. As of December 31, 2013, the Company had a $350.0 million outstanding balance related to such borrowings. During 2013, the maximum balance outstanding at any one point in time related to these programs was $815.0 million. The average daily balance was $496.9 million (at an average borrowing rate of 11 basis points) during the year ended December 31, 2013. | 278 | 10K |
NatwestGroupPLC-AR_2011 | 333 | We set risk appetite at Group level. It expresses the maximum level of risk that we will accept as we deliver our business objectives. We cascade this to each of our divisions through two channels. Each division: • has its own risk appetite statement, based on its own business plans but also aligned with those of the Group; and | 59 | annual_report |
de_allianz-AR_2009 | 2,090 | Due to the offsetting effects of mortality risk and longevity risk inherent in the combined portfolios of life insurance and annuity products, as well as due to a geographically diverse portfolio, our Life/Health segment does not have significant concentrations of biometric risk as of December 31, 2009.2) | 47 | annual_report |
4682 | 1,103 | In our opinion, the consolidated financial statements listed in the index appearing under Item 15(a)(1) present fairly, in all material respects, the financial position of The Hanover Insurance Group, Inc. and its subsidiaries at December 31, 2012 and 2011, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2012 in conformity with accounting principles generally accepted in the United States of America. In addition, in our opinion, the financial statement schedules listed in the index appearing under Item 15(a)(2) present fairly, in all material respects, the information set forth therein when read in conjunction with the related consolidated financial statements. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The Company’s management is responsible for these financial statements and financial statement schedules, for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in Management’s Report on Internal Control Over Financial Reporting appearing under Item 9A. Our responsibility is to express opinions on these financial statements, on the financial statement schedules, and on the Company’s internal control over financial reporting based on our integrated audits. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement and whether effective internal control over financial reporting was maintained in all material respects. Our audits of the financial statements included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions. | 400 | 10K |
RSAInsuranceGroupPLC-AR_2015 | 1,182 | 10. Richard Houghton resigned from the Board effective 7 May 2015 and his employment ended effective 10 July 2015. The salary shown in the table is the pro-rated amount for the time he was a director, i.e. 1 January – 7 May 2015. Pay in lieu of notice is not included in this table, and is covered on page 77. | 60 | annual_report |
5958 | 5,449 | IBNR reserves plus expected development on reported claims Cumulative number of reported claims | 13 | 10K |
fr_axa-AR_2009 | 5,285 | In line with this charter, each AXA Group company is required to maintain procedures based on Group standards and principles, in addition to those required by applicable local regulations, and to appoint an anti-money laundering offi cer. The “know your customer” principle is crucial in this respect, and is fundamental to all transactions. The Group Charter is reviewed and updated on a regular basis by taking into account international legal and regulatory developments. | 73 | annual_report |
5493 | 2,764 | During each of the years ended December 31, 2017, 2016 and 2015, MetLife, Inc. paid $1.7 billion of dividends on its common stock. During the years ended December 31, 2017, 2016 and 2015, MetLife, Inc. paid dividends on its preferred stock of $103 million, $103 million, and $116 million, respectively. See Note 15 of the Notes to the Consolidated Financial Statements for information regarding the calculation and timing of these dividend payments. | 72 | 10K |
4825 | 1,179 | The Company uses the asset and liability method of accounting for income taxes. In general, income tax provisions are based on the income reported for financial statement purposes. Deferred income taxes arise from the recognition of temporary differences between the basis of assets and liabilities determined for financial reporting purposes and the basis determined for income tax purposes. Such temporary | 60 | 10K |
PosteItalianeSpA-AR_2020 | 3,953 | Mainframe services (open services being processed) covered by disaster recovery plans (%) 100 100 100 * The figures refer to Poste Italiane SpA, PostePay SpA and BancoPosta Fondi SpA SGR. ** Drills involved all the applications hosted by Poste Italiane’s central mainframe system, in addition to applications hosted in Open environments included within the scope of BancoPosta’s financial services. The health emergency imposed a different way of conducting disaster recovery exercises, moving from in-person to remote working management. | 78 | annual_report |
ch_zurich_insurance_group-AR_2014 | 533 | Areas of responsibility of the Board and management The Board determines the overall strategy of the Group, supervises senior management and addresses key matters in the area of strategy, finance, structure and organization and business development. In particular, the Board approves the Group’s strategic plan and the annual financial plans developed by management and reviews and approves the annual, half-year and quarterly financial statements of Zurich Insurance Group Ltd and the Group. For more details with regard to the responsibilities of the Board see page 37 to 38. | 88 | annual_report |
AvivaPLC-AR_2016 | 6,154 | Insurance participating (50) 30 (10) (130) 65 (30) (5) (15) Insurance non-participating (190) 20 (775) (35) 10 (190) (90) (920) Investment participating (10) 5 (5) — — (5) — — Investment non-participating 10 (15) — 50 (70) (65) — — Assets backing life shareholders’ funds (115) 190 10 (85) 85 — — — | 53 | annual_report |
SwissLifeHoldingAG-AR_2006 | 19 | – Growth momentum sustained in international markets with premiums up 16% | 11 | annual_report |
gb_prudential-AR_2011 | 4,485 | The total minimum future sublease rentals to be received on non-cancellable operating leases for land and buildings for the year ended 31 December 2011 were £nil (2010: £nil). Minimum lease rental payments for the year ended 31 December 2011 of £74 million (2010: £92 million) are included in the consolidated income statement. | 52 | annual_report |
4561 | 799 | The Health and Well-Being Services segment operating cost ratio improved 60 basis points from 2011 to 95.5% for 2012 reflecting scale efficiencies associated with growth in our pharmacy solutions business, including higher script volumes in our mail-order pharmacy business. | 39 | 10K |
NatixisSA-AR_2010 | 3,782 | Loans and receivables 22,410 9,764 6.6.4 FINANCIAL ASSETS RECEIVED AS SECURITY AND ABLE TO BE SOLD OR REUSED AS SECURITY | 20 | annual_report |
StorebrandASA-AR_2006 | 543 | Total risk capital of the life insurance company increased by NOK 3.2 billion in 2006. Additional statutory reserves increased by NOK 1 billion and the market value adjustment reserve increased by NOK 2 billion. | 34 | annual_report |
5136 | 748 | Amortization of deferred acquisition costs in 2015 was $1.16 billion, $10 million or 1% lower than in 2014. Amortization of deferred acquisition costs in 2014 was $1.17 billion, $112 million or 9% lower than in 2013. The decrease in 2014 primarily reflected a decline in commission expense due to lower commission rates, as well as a decline in earned premiums compared with 2013. | 63 | 10K |
AegonNV-AR_2015 | 1,911 | At the Supervisory Board meeting in December, the budget for 2016 was approved and the Medium Term Plans were discussed. | 20 | annual_report |
PosteItalianeSpA-AR_2015 | 6,217 | Poste Italiane SpA’s incorporation, liabilities deriving from the provision of delegated services for social security agencies, fraud, violations of administrative regulations, compensation and adjustments to income for previous years, risks linked to disputes with customers regarding instruments and investment products whose characteristics are believed by such customers to not match their profile and/or whose performance is not in line with their expectations, and estimated risks for charges and expenses to be incurred in connection with seizures effected by BancoPosta as garnishee-defendant. | 81 | annual_report |
ScorSE-AR_2011 | 1,050 | Reinsurance Ireland and SCOR International Reinsurance Ireland Ltd. in Ireland, and subsidiaries in Europe, Australia and South Africa. | 18 | annual_report |
2847 | 5,998 | Other operating expenses decreased $35.9 million, or 15%, in 2005 compared to 2004, due primarily to a decrease of $28.7 million in employment expenses. The decrease in employment expenses was due primarily to a decrease in incentive compensation expense, which was primarily driven by lower investment product fee revenues. General and administrative expenses remained relatively constant in 2005 compared to 2004, with increases in investment research fees being offset by decreases in clearance costs. Mandatorily redeemable interest costs decreased $7.6 million due to the acquisition of the remaining outstanding mandatorily redeemable noncontrolling interests in certain of our asset management subsidiaries during the second and third quarters of 2005. | 108 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2017 | 3,104 | Office. In 2015-2017, she served as Head of the Chancellery of the President of the Republic of | 17 | annual_report |
2764 | 1,198 | Fund American’s Senior Notes are currently rated “Baa2” (Moderate Risk, the ninth highest of twenty-one ratings) with a stable outlook by Moody’s, “BBB” (Adequate, the ninth highest of twenty-two ratings) with a stable outlook by Standard & Poor’s, “bbb” (Adequate, the ninth highest of twenty-two ratings) with a stable outlook by A.M. Best and “BBB” (Good, the ninth highest of twenty-three ratings) with a stable outlook by Fitch Ratings. It is possible that, in the future, one or more of the rating agencies may lower White Mountains’ existing ratings. If one or more of its ratings were downgraded, White Mountains could incur higher borrowing costs and its ability to access the capital markets could be impacted. In addition, White Mountains’ insurance and reinsurance operating subsidiaries could be adversely impacted by a downgrade in their financial strength ratings, including a possible reduction in demand for their products in certain markets. | 149 | 10K |
NatwestGroupPLC-AR_2008 | 2,676 | (2) Includes non asset-backed securities issued by US federal agencies and government sponsored entities. | 14 | annual_report |
gb_prudential-AR_2006 | 2,295 | This Group PSP delivers shares subject to performance over a three-year period. The performance measure for the award is Prudential’s Total Shareholder Return (TSR) performance compared to an index comprised of peer companies. The vesting schedule is set out in the following table and graph. | 45 | annual_report |
275 | 196 | Throughout 1994, UNUM's individual disability business experienced a higher incidence of new claims and a disproportionate number of large claims, which management attributed to certain geographic and occupational segments of the business, particularly physicians. During the third quarter of 1994, management concluded that the deterioration of claims experience was not a temporary fluctuation in certain segments of the business, but was indicative of expected claim trends for the future. As a result, in third quarter 1994, UNUM increased reserves for existing claims by $83.3 million and strengthened reserves for estimated future losses by $109.1 million. These increased reserves reflected management's expectations of morbidity trends for the existing non-cancellable individual disability business. It is not possible to predict whether morbidity trends will be consistent with UNUM's assumptions; however, as of December 31, 1995, management believes that the strengthened reserve levels continue to be adequate. | 143 | 10K |
5302 | 893 | Title premium and fee revenues stemming from the Company's direct operations (which include branch offices of its title insurers and wholly owned agency subsidiaries) represent 28% of 2016, 27% of 2015 and 27% of 2014 consolidated title business revenues. Such premiums are generally recognized as income at the escrow closing date which approximates the policy effective date. Fee income related to escrow and other closing services is recognized when the related services have been performed and completed. The remaining title premium and fee revenues are produced by independent title agents and underwritten title companies. Rather than making estimates that could be subject to significant variance from actual premium and fee production, the Company recognizes revenues from those sources upon receipt. | 120 | 10K |
GjensidigeForsikringASA-AR_2020 | 804 | He came from the position Head of Commercial. Gottschalk joined Gjensidige in 2011 with responsibility for strategy and M&A. He was previously executive director in the Investment Banking Division of Goldman Sachs International, and has held various positions with J.P. Morgan in London. | 43 | annual_report |
4072 | 666 | The Offering may be deemed to have constituted a change in control of TRH under a portion of TRH's non-AIG Group reinsurance agreements. Whether a ceding company would have cancellation | 30 | 10K |
SwissReAG-AR_1931 | 12 | The favourable figures of the Fire Insurance department are worthy of special mention. The conspicuous ratio of reduction in premium income is mainly attributable to currency depreciation, to the effects of which the accounts of this department are par ticularly exposed, and is only in a small degree the consequence of a falling off in the volume of business. The deterioration in the capital values of insured objects, to which we have already alluded on a previous occasion, continued, and, as then stated, is an effect of the fall in the prices of commodities, especially of primary products, and of the decline in the holdings of stocks of manufactured goods. In the European field of our business a marked improvement upon the results of the previous year took place. From Overseas also, with the exception of Canada and Australia, we are able to report a good general experience, more especially in the United States of America, where however, the premium income has unfortunately undergone further reduction. In Europe, on the other hand, our business expanded, but not to a sufficient degree to counterbalance the effect of the depreciation in foreign currencies. | 191 | annual_report |
PhoenixGroupHoldingsPLC-AR_2011 | 2,323 | Directors’ responsibilities for the Phoenix Group MCEV supplementary information The Directors are responsible for the preparation of this Phoenix Group MCEV supplementary information in accordance with the basis of preparation set out on pages 179 to 181 and for such internal control as the Directors determine is necessary to enable the preparation of supplementary information that is free from material misstatement, whether due to fraud or error. | 67 | annual_report |
757 | 914 | COLUMN G COLUMN H COLUMN I COLUMN J COLUMN K CLAIMS AND CLAIM ADJUSTMENT EXPENSES AMORTIZATION PAID INCURRED RELATED TO OF DEFERRED CLAIMS NET POLICY AND CLAIM INVESTMENT CURRENT PRIOR ACQUISITION ADJUSTMENT PREMIUM INCOME YEARS YEARS COST EXPENSE WRITTEN | 39 | 10K |
HannoverRueckSE-AR_2018 | 2,450 | Fixed-income securities – available for sale 24,689,122 23,662,710 8,531,051 7,617,113 19,512 2,085 33,239,685 31,281,908 | 14 | annual_report |
3588 | 833 | We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated statements of financial position of Principal Financial Group, Inc. as of December 31, 2007 and 2006, and the related consolidated statements of operations, stockholders' equity and cash flows for each of the three years in the period ended December 31, 2007, and our report dated February 19, 2008 expressed an unqualified opinion thereon. | 73 | 10K |
NatwestGroupPLC-AR_2017 | 1,230 | Strong financial performance with all of the pre-grant objectives met for 2017. | 12 | annual_report |
AegonNV-AR_2009 | 1,295 | AEGON’s Supervisory Board in 1997. He was due to retire in April 2009, but his term of office was extended for a further year, following approval from the General Meeting of Shareholders in 2009. Mr. Eustace is also a member of the European Advisory Council for Rothschild’s and sits on the Council of the University of Surrey in the United Kingdom. | 61 | annual_report |
4438 | 1,395 | (2)Includes $111.8 million of fixed maturity investments reclassified to assets held for sale in the consolidated balance sheet as part of the AutoOne Transaction. | 24 | 10K |
de_allianz-AR_2009 | 2,534 | Reclassification within Alternative Investment Management The activities of the asset managers of Allianz Group’s alternative investments are presented as part of the reportable segment Alternative Investments within the business segment Corporate and Other. The accounting logic for the Alternative Investments follows the one used for Asset Manage ment. Therefore, prior years’ expenses of Alternative Investment managers were reclassified from “Fee and commission expenses” to “Acquisition and administrative expenses (net)”. The tables below describe the impact on the consolidated income statements resulting from the reclassification of expenses at Alternative Investments’ managers for the year ended December 31, 2008 and 2007. | 99 | annual_report |
4945 | 790 | lower volume of insurance, as a decrease of $6.4 million from life insurance products offered by KHSC was partially offset by an increase of $5.7 million from life insurance products offered by Reserve National. Earned premiums on accident and health insurance decreased by $3.8 million in 2013, compared to 2012, due primarily to lower volume of insurance resulting primarily from the run-off of certain health insurance products largely due to the impact of the Health Care Acts, partially offset by higher volume of supplemental health insurance products and higher average premium. HCA Affected Products accounted for $49.6 million, or 31%, of the Life & Health Insurance segment’s accident and health insurance earned premiums in 2013 and $62.5 million, or 38%, of the Life & Health Insurance segment’s accident and health insurance earned premiums in 2012. Earned premiums on property insurance decreased by $2.5 million in 2013, compared to 2012, due primarily to lower volume of insurance from the run-off and, in certain geographical areas, the non-renewal of Dwelling Policies, partially offset by the impact of non-renewing the Life & Health Insurance segment’s catastrophe reinsurance program. Catastrophe reinsurance premiums reduced earned premiums by $2.0 million for the year ended December 31, 2012 with no such reduction in 2013. Given the actions taken by KHSC to reduce its exposures to catastrophes and except for catastrophe reinsurance provided by the FHCF, KHSC did not renew its catastrophe reinsurance program in 2013. | 238 | 10K |
4070 | 849 | The Bancinsurance Corporation 2002 Stock Incentive Plan, as amended (the “2002 Plan”), provides for certain equity-based awards, including grants of stock options and restricted stock, covering up to an aggregate of 950,000 common shares. Key employees, | 36 | 10K |
HelvetiaHoldingAG-AR_2014 | 2,662 | 9.6.1 Analysis of past due financial assets without impairment 9.6.2 Change in the allowance accounts for receivables | 17 | annual_report |
LloydsBankingGroupPLC-AR_2010 | 8,511 | Credit enhancement facilities are used to enhance the creditworthiness of financial obligations and cover losses due to asset default. Two general types of credit enhancement are third-party loan guarantees (such as guaranteed mortgages) and self-enhancement through overcollateralisation (in the case of covered bonds). Liquidity enhancement makes funds available if required, for other reasons than asset default, eg to ensure timely repayment of maturing commercial paper. | 65 | annual_report |
AegonNV-AR_2019 | 8,325 | Premium revenue 1 Comparative figures have been reclassified. The intercompany eliminations have been removed from the individual reporting units and included in a separate line as ‘Eliminations’. This reclassification is not considered material as there is no effect on consolidated group figures. | 42 | annual_report |
5368 | 1,773 | We previously had a repurchase program in which we sold an investment security at a specified price and agreed to repurchase that security at another specified price at a later date. As of December 31, 2016, the fair value of securities pledged under the repurchase program was $79 million and the repurchase obligation of $75 million was included in other liabilities in the consolidated balance sheet. In 2017 we repaid $75 million, the entire amount due at maturity related to these repurchase agreements. | 83 | 10K |
5538 | 2,516 | The carrying value and estimated fair value of other selected assets and liabilities not carried at fair value in our consolidated balance sheets were as follows as of the dates indicated: | 31 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2018 | 428 | Non-life insurance market - gross written premium vs. technical result (in PLN million). | 13 | annual_report |
826 | 208 | Description of Major Products NSIC is licensed in the states of Alabama, Georgia, Mississippi, Texas and Florida and was organized in 1947 to provide life and burial insurance policies to the home service market. Premiums sold and serviced by company agents primarily include industrial life, larger ordinary life, accident and health, limited hospital, cancer and low valued life insurance. NSFC operates in various property and casualty lines, the most significant of which are low valued dwelling property, home service fire, nonstandard automobile physical damage and liability, nonstandard commercial, ocean marine and inland marine. Omega operates in property and casualty lines, the most significant of which is commercial auto liability. | 109 | 10K |
de_allianz-AR_2008 | 3,607 | Term deposits and certificates of deposit 1,296 3,035 4,331 64,129 72,938 137,067 | 12 | annual_report |
5087 | 1,187 | Changes in housing values (declines in housing values generally make it more difficult for borrowers to sell a home to avoid default or for the property to be sold to mitigate any claim, and also may negatively affect a borrower’s willingness to continue to make mortgage payments when the home value is less than the mortgage balance); | 57 | 10K |
210 | 406 | The Parent has guaranteed that its life insurance subsidiaries will receive the statutory carrying value of certain invested assets, primarily bonds and real estate, aggregating $176.5 million. | 27 | 10K |
ASRNederlandNV-AR_2016 | 1,109 | Product development for new business opportunities a.s.r. intends to continue providing its customers with optimal services and high-quality products. The company expects to achieve this by reducing the complexity of products and by keeping product offerings up to date through the introduction and development of new propositions to seize market opportunities. Recently planned or introduced product developments include: • The development and introduction of a new product to cover the 12-year risk of disability including reintegration services complementary to social legislation (BeZaVa); • Improving access for and insurability of the selfemployed; • The introduction of ‘Doorgaanverzekering‘ under the De Amersfoortse brand. This is an integrated disability and health insurance proposition whose benefits for the customer include lower premiums and additional services. | 121 | annual_report |
AegonNV-AR_2005 | 2,462 | FAIR VALUE MOVEMENTS ON FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS | 13 | annual_report |
5464 | 675 | an increase of $63.3 million from the favorable impact from the DAC amortization offset. | 14 | 10K |
SwissLifeHoldingAG-AR_2019 | 1,141 | – The agreement concerning recording of working hours, which entered into force on 1 April 2016, was formally confirmed at the annual review and will be continued. | 27 | annual_report |
PosteItalianeSpA-AR_2020 | 10,565 | The Self-Assessment process provides a very positive overall picture of the Board in terms of adequacy of composition, independence, functioning, exercise of powers, internal climate, role of the Chair of the Board, minutes, support of the competent secretariat. In addition, a fully positive assessment has emerged regarding the detail of supervisory activities, expressly referred to for the purposes of the Self-Assessment pursuant to Bank of Italy Circular no. | 68 | annual_report |
AegonNV-AR_2006 | 4,157 | In September 2006 AEGON The Netherlands acquired the remaining 55% of the Unirobe shares. The distribution activities of the Dutch operations are placed under the Unirobe Meeùs Group. No operations have been disposed off as a result of the combination. The cost of acquiring the remaining 55% of the shares was EUR 59 million, which was paid in cash. In total an amount of EUR 96 million was paid to acquire the 100% interest. At the acquisition date assets and liabilities were recognized for EUR 186 million and EUR 134 million respectively which included a cash position of EUR 0 million. Since the acquisition date, Unirobe has contributed EUR 5 million to the net income of AEGON. The acquisition resulted in the recognition of | 124 | annual_report |
4599 | 3,497 | Financial support for certain securitization entities was provided under credit support agreements that remain in place throughout the life of the related entities. Assets with credit support were funded by demand notes that were further enhanced with support provided by a third party. We provided limited recourse for a maximum of $40 million of credit losses related to one of our commercial mortgage loan entities that was required to be consolidated with total assets of $65 million and $91 million, respectively, as of December 31, 2012 and 2011. As of December 31, 2012, there were no amounts recorded for these limited recourse liabilities; however, we paid $1 million related to these limited recourse liabilities during 2012 thereby reducing the maximum limited recourse to $39 million. There were no amounts recorded or paid for these limited recourse liabilities as of December 31, 2011. | 142 | 10K |
StorebrandASA-AR_2005 | 586 | RISK amounts for shares in Storebrand ASA: As at RISK amount NOK As at RISK amount NOK | 17 | annual_report |
gb_prudential-AR_2012 | 3,954 | 275Notes on the Group fi nancial statements Prudential plc Annual Report 2012 F | 13 | annual_report |
2335 | 1,402 | Shareholders’ equity as determined in accordance with statutory accounting practices for LNC’s insurance subsidiaries was $3.1 billion and $3.0 billion for December 31, 2003 and 2002, respectively. | 27 | 10K |
AegonNV-AR_2018 | 4,310 | Realized gains and (losses) on repurchased debt 10 1 1 1 | 11 | annual_report |
ScorSE-AR_2018 | 3,540 | On June 8 2018, SCOR redeemed the CHF 315 million undated subordinated debt. The related cross-currency swaps matured. | 18 | annual_report |
1903 | 624 | 1. Organization, Accounting for Conversion and Combination, and Basis of Presentation (Continued) | 12 | 10K |
1994 | 342 | (e) Cash and cash equivalents ------------------------- For purposes of the statements of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents. | 36 | 10K |
4182 | 819 | The following table sets forth our consolidated selected financial data for the periods and as of the dates indicated and are derived from our audited consolidated financial statements. On June 20, 2007, affiliates of Summit Partners acquired a majority of our capital stock. All periods prior to June 20, 2007 are referred to as "Predecessor," and all periods including and after such date are referred to as "Successor." The consolidated financial statements for all Successor periods are not comparable to those of the Predecessor periods. The following consolidated financial data should be read in conjunction with Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") in Part II, | 111 | 10K |
fr_axa-AR_1999 | 3,926 | ■ In conjunction with purchase accounting, relating to acquired life insurance operations, an identifiable intangible asset is recorded, in certain cases, for the present value of future profits of purchased insurance business inforce. The value of purchased business inforce represents the value of estimated future profits from insurance contracts existing at the date of acquisition. The future profits are estimated using actuarial assumptions based on anticipated experience determined as of the purchase date, discounted at rates that range from 12% to 15%. The value of purchased business inforce is amortized over the remaining lives of the underlying contracts in proportion to the earnings on the contracts, generally between 10 and 25 years. The value of purchased business inforce is subject to recoverability testing at the end of each accounting period, based on actual experience and expected trends with respect to the principal assumptions used to calculate the value of purchase insurance business inforce. | 153 | annual_report |
DirectLineInsuranceGroupPLC-AR_2016 | 3,029 | Note: 1. The liquidity fund is an investment in an open ended fund incorporated in the Republic of Ireland which targets capital stability and income in the UK. It is invested in short-term fixed income and variable rate securities (such as Treasury Bills) listed or traded on one or more recognised exchange. | 52 | annual_report |
4440 | 1,467 | The following is the maturity profile of the available for sale fixed income securities that were in a gross unrealized loss position at December 31, 2011: | 26 | 10K |
1838 | 465 | Operating segments that are not individually reportable are included in the "All Other" category, which includes the operations of 21st Century Holding Company. | 23 | 10K |
fr_axa-AR_2015 | 6,429 | During 2015, the following transactions had an impact on AXA’s share capital and capital in excess of nominal value: ■ a capital increase of €668 million including the employee share offering (December 2015) of 19 million shares for €375 million net of related charges; ■ a capital decrease of 51 million shares for €1,149 million in order to eliminate the dilutive effect of share-based compensation schemes (AXA SA’s stocks options and performance shares plans); ■ share-based payments for €30 million. | 80 | annual_report |
StorebrandASA-AR_2009 | 192 | Norwegian market. All of the companies listed on the OSE main index received a questionnaire concerning their guidelines, control systems and board’s role in relation to a number of corporate responsibility topics. | 32 | annual_report |
de_allianz-AR_2018 | 2,590 | These valuations rely on extensive assumptions. Key assumptions such as discount rates, inflation rates, compensation increases, pension increases, and rates of medical cost trends are defined centrally at the Allianz Group level, considering the circumstances in the indi- | 38 | annual_report |
4660 | 1,047 | Other income of $1.0 million, $0.3 million and $0.3 million for the twelve months ended December 31, 2012, 2011 and 2010, respectively, is made up of items of a non-recurring nature. | 31 | 10K |
5920 | 1,503 | The following table shows the components of the 2018 reduction in estimates of net ultimate losses related to prior periods by line of business for the Non-life Run-off segment. | 29 | 10K |
HelvetiaHoldingAG-AR_2017 | 1,226 | Profit or loss for the period 342.3 285.7 98.8 83.2 11.5 33.2 – 49.7 – 25.5 0.0 0.0 402.9 376.6 | 20 | annual_report |
4506 | 779 | The Company believes the unrealized losses are primarily attributable to broader economic conditions, changes in interest rates, wider than historical bid/ask spreads, and uncertainty with regard to the timing and amount of ultimate collateral realization, but are not indicative of the ultimate collectibility of the current carrying values of the securities. The Company has no current intent to sell these securities, nor is it more likely than not that it will be required to sell prior to recovery of amortized cost; accordingly, the Company has determined that there are no additional OTTI losses to be recorded at December 31, 2011. | 100 | 10K |
5481 | 1,773 | The $98.2 million difference for the year ended December 31, 2017 between the adverse development recorded in the financial statements and the accident year disclosure contained in Note 11. “Short Duration Contracts” is comprised of the following items: | 38 | 10K |
4501 | 808 | changes to its capital structure and the capital structure of our subsidiaries without the Agent's prior consent. Our obligations under the Facility may be accelerated or the commitments terminated upon the occurrence of an event of default under the Facility, including payment defaults, defaults in the performance of affirmative and negative covenants, the inaccuracy of representations or warranties, bankruptcy and insolvency related defaults, cross defaults to other material indebtedness, defaults arising in connection with changes in control and other customary events of default. | 83 | 10K |
AssicurazioniGeneraliSpA-AR_2016 | 1,541 | In the life segment, all profit and loss accounts are considered as operating items, except for the following which are represented in the non-operating result: • net realized gains and net impairment losses on investments that do not affect the formation of the local technical reserves, but only the calculation of the deferred liabilities towards policyholders for the amount not attributable to the policyholders, and on those of the free assets; • net other non-operating expenses that mainly include the results of the run-off activities, company restructuring charges, depreciation of the value of the portfolios acquired directly or through acquisition of control of insurance companies (value of business acquired or VOBA) and other net non-recurring expenses. In particular, with respect to the calculation method of the policyholders’ profit sharing based on the net result of the period, | 137 | annual_report |
NatixisSA-AR_2012 | 234 | The Asset Management business is structured around the Natixis Global Asset Management (NGAM) holding company. Natixis Global Asset Management ensures the consistency of overall asset management operations and also has responsibility for developing a global distribution platform and overseeing the fi nancial and strategic management of roughly 20 specialized asset management companies in Europe, the US and Asia. All in all, these entities employ more than 3,200 people, including over 1,800 in the US, and boast strong positions in Europe (mainly France) and the US, with a growing presence in Asia and the Middle East. | 95 | annual_report |
TopdanmarkAS-AR_2016 | 1,038 | The table below discloses the financial effect on result and shareholders’ equity for 2015: The transition to the new Executive Order on Financial Reports results in an increase in the post-tax result for 2015 of DKK 38m from 1,132m to 1,170m. At the end of 2015, shareholders’ equity was reduced by DKK 33m from DKK 4,673 to DKK 4,640. | 59 | annual_report |
de_allianz-AR_2012 | 488 | In accordance with these objectives, currently four people with an international background and four women are on the Supervisory Board. This is in line with our objectives regarding international character and the representation of women. The current composition of the Supervisory Board and its committees is described on page 46. | 50 | annual_report |
SwissReAG-AR_2020 | 2,560 | Settlement API is settled in cash. When the total API level for an employee exceeds a pre-defined amount, a portion is deferred into the Value Alignment Incentive (VAI) and remains subject to performance conditions over the VAI plan duration of three years. The non-deferred portion is settled in immediate cash (cash API). | 52 | annual_report |
NatixisSA-AR_2020 | 10,389 | This fund was awarded the “Relance” label launched in October 2020 by the French Treasury: this label aims to direct French savings towards investment vehicles that support the economic recovery plan unveiled by the French Government following the COVID-19 crisis. With €820 million under management at the end of September 2020, it is the largest fund to have received this label, without having to change its portfolio, which was already aligned with the requirements of the label. | 77 | annual_report |
140 | 256 | In early 1996, Investors entered into an agreement to cede a block of annuity policies with statutory policy reserves of $76,306,929 to New Era Life Insurance Company ("New Era"). This reinsurance agreement provides for an initial coinsurance period (up to five years) followed by full assumption of the specified policies. Investors will continue to service these policies through December 31, 2000. Under its terms, this agreement became effective on December 31, 1995 and, with Delaware's approval, was reflected in Investors' 1995 statutory statement. (However, since the agreement did not actually close until 1996, it was reflected as a 1996 transaction under generally accepted accounting principles.) This additional reinsurance reduced the ratio below Delaware's target. | 114 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2010 | 1,414 | the allocation reflects which of the fair values derive from transactions in the market and where valuation is based on models because market transactions are lacking. | 26 | annual_report |
4391 | 2,034 | $76 million, while the gross loss reserves increased by $241 million. In addition, we decreased gross loss reserves for Westchester Specialty’s A&E and other liabilities by $29 million, and net loss reserves increased by $6 million. Our A&E reserves are not discounted for GAAP reporting and do not reflect any anticipated future changes in the legal, social or economic environment, or any benefit from future legislative reforms. | 67 | 10K |
1264 | 684 | High yield securities are bonds rated as below investment grade (below BBB) by bond rating agencies and other unrated securities which, in the opinion of management, are below investment grade. High yield securities generally involve a greater degree of risk than investment grade securities. However, expected returns should compensate for the added risk. This risk is also considered in the interest rate assumptions in the underlying insurance products. CNA's concentration in high yield bonds, including guaranteed Separate Account business, was 4.7% and 6.1% of its total investments as of December 31, 1999 and 1998, respectively. | 95 | 10K |
214 | 470 | Premiums. Premium revenue increased $4.8 million, or 5.0%, during the year ended December 31, 1994 to $101.5 million from $96.7 million in 1993. The increase in premium revenue in 1994 resulted from an increase of $8.5 million in earned premiums on additional business directly written by the Company, which was offset by a decrease of $2.0 million in earned premiums assumed from mandatory pools as a result of the depopulation of such pools and by an increase of $1.7 million in earned premiums ceded to reinsurers (related to the increase in direct written premiums). The $8.5 million increase in earned premiums on additional business directly written by the Company was primarily attributable to an increase of $8.4 million, or 9.4%, in earned premiums from the sale of the Company's primary products. The number of policies in force related to the Company's primary products increased by 8.5% to approximately 97,000 in 1994 and the average premium earned for each such policy increased by 1.0% in 1994. | 165 | 10K |
ScorSE-AR_2017 | 3,459 | Net claims reserves & estimates – end of year 8,727 8,660 8,683 9,284 9,837 10,167 10,062 10,469 11,116 11,124 11,143 | 20 | annual_report |
LloydsBankingGroupPLC-AR_2020 | 2,275 | During 2020, the Group made provisions of £464 million (2019: £2,895 million), including £85 million for PPI (2019: £2,450 million). | 20 | annual_report |
TrygAS-AR_2009 | 1,994 | 9 Capital adequacy, etc. Shareholders’ equity according to annual report 8,265 9,687 Subordinate loan capital 685 732 Proposed dividend -423 -991 Solvency requirements to subsidiary undertakings -4,601 -4,579 | 28 | annual_report |
StandardLifeAberdeenPLC-AR_2016 | 2,804 | Pensions and Savings The liability for annuity in payment contracts is measured by discounting the expected future annuity payments together with an appropriate estimate of future expenses at an assumed rate of interest derived from yields on the underlying assets. | 40 | annual_report |
4755 | 2,010 | During the years ended December 31, 2013, 2012 and 2011, the Company issued 329,174 RSUs and PSUs, 294,184 RSUs and 314,182 RSUs with a weighted average grant date fair value of $89.44, $65.33 and $81.20, respectively. The Company values RSUs and PSUs issued under all plans at the fair value of its common shares at the date of grant, as defined by the plan document. | 65 | 10K |
890 | 447 | During the fourth quarter of 1998, the Company incurred settlement expenses totaling $8 million, $5.9 million after tax, related to the settlement of a competitor's protest for the Region 1 TRICARE contract. All this amount was paid during fiscal year 1998. On September 30, 1997, SMHS was awarded a five-year, $1.2 billion contract to administer managed health care services to military families and retirees in 13 northeastern states and Washington, D.C. A competing bidder protested the contract award and claimed, among other issues, that the United States Department of Defense failed to adequately disclose the weights of the significant factors used to evaluate proposals. In December 1998, SMHS reached an agreement to settle the protest. As part of the settlement, the competitor has foregone any and all rights it may have to challenge the contract award and seek re-bid. | 139 | 10K |
5547 | 1,074 | On February 16, 2018, we completed a reinsurance-to-close (“RITC”) transaction with Neon Underwriting Limited ("Neon"), under which we reinsured to close the 2015 and prior underwriting years of account (comprising underwriting years 2008 to 2015) of Neon's Syndicate 2468, with effect from January 1, 2018. We assumed gross loss reserves of£403.9 million ($546.3 million) and net loss reserves of £342.1 million ($462.6 million) relating to the portfolio in exchange for consideration of £329.1 million ($445.1 million). We elected the fair value option for this reinsurance contract and recorded initial fair value adjustments of $20.6 million and $17.5 million on the gross and net loss reserves assumed, respectively. Refer to Note 11 - "Fair Value Measurements" for a description of the fair value process and the assumptions made. | 127 | 10K |
2119 | 353 | The net deferred tax asset is the amount the Company believes is more likely than not will be realized in the next several years and is adjusted based on anticipated future operating results. In 2002, changes in the tax law made available for recovery certain alternative minimum tax payments made for years which were previously closed. | 56 | 10K |
4798 | 811 | In 2013, Old Republic adopted guidance requiring additional disclosures of amounts reclassified out of accumulated other comprehensive income. Such requirements are reflected in the presentation of the Consolidated Statements of Comprehensive Income. | 32 | 10K |
1290 | 404 | Year Ended December 31, 1999 to Year ended December 31, 1998 | 11 | 10K |
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