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 |
|---|---|---|---|---|
gb_prudential-AR_2009 | 3,887 | Pension mis-selling review In 1988, the UK government introduced new pensions legislation intended to encourage more individuals to make their own arrangements for their pensions. During the period from April 1988 to June 1994, many individuals were advised by insurance companies, Independent Financial Advisers and other intermediaries to not join, to transfer from or to opt out of their occupational pension schemes in favour of private pension products introduced under the UK Income and Corporation Taxes Act 1988. The UK insurance regulator (previously the Personal Investment Authority, now the FSA), subsequently determined that many individuals were incorrectly advised and would have been better off not purchasing the private pension products sold to them. Industry participants are responsible for compensating the persons to whom private pensions were mis-sold. As a result, the FSA required that all UK life insurance companies review their potential cases of pension mis-selling and pay compensation to policyholders where necessary and, as a consequence, record a provision for the estimated costs. The Group met the requirement of the FSA to issue offers to all cases by | 179 | annual_report |
DirectLineInsuranceGroupPLC-AR_2019 | 3,057 | Revaluation during the year – gross 118.1 (121.4) Revaluation during the year – tax (20.1) 20.6 Realised gains – gross (16.5) (19.5) Realised gains – tax 2.8 3.3 | 28 | annual_report |
SwissReAG-AR_2019 | 5,496 | Mexico City Avenida Insurgentes Sur 1898 Torre Siglum Colonia Florida, Del Alvaro Obregon México City 01030 | 16 | annual_report |
5703 | 906 | marketplace, typically using matrix pricing. The fair value of our Level 2 securities are determined by external pricing services. We have evaluated the pricing methodology used for these Level 2 prices and have determined that the inputs used are observable. For additional information regarding the valuation techniques used, refer to item (d) of Note 2. "Summary of Significant Accounting Policies" within Item 8. "Financial Statements and Supplementary Data." of this Annual Report. | 72 | 10K |
208 | 816 | AAG's ability to pay interest and principal on its debt, dividends on its preferred stock, obligations related to the Company's discontinued manufacturing operations and other holding company costs is dependent on payments from GALIC in the form of capital distributions and income tax payments. In 1995, AAG received $41.0 million in tax allocation payments and $54.2 million in capital distributions from GALIC. In 1995, AAG made capital contributions of $31.5 million to GALIC. | 73 | 10K |
2676 | 666 | General Consolidated net cash provided by operating activities before changes in assets and liabilities was $51.7 million, $47.8 million and $42.7 million for 2004, 2003 and 2002, respectively. Consolidated net cash provided by operating activities was $47.3 million, $51.7 million and $52.1 million for 2004, 2003 and 2002, respectively. Cash provided by operating activities decreased $4.4 million during 2004 compared to 2003 primarily due to the $3.8 million decrease in the change in accounts payable and accrued expenses, the $1.5 million increase in the change in deferred member and associate service costs, the $1.1 million increase in the change in accrued Membership income and the $1.1 million increase in the change in inventories partially offset by the $1.9 million increase in the provision of deferred income taxes and a $627,000 increase in depreciation and amortization. | 135 | 10K |
PhoenixGroupHoldingsPLC-AR_2017 | 3,165 | Later than 1 year and not later than 5 years 61 57 | 12 | annual_report |
1569 | 584 | In 2000, Nobel sold both of the real properties it formerly owned. These transactions were not material to RenaissanceRe. Since the time of such sales, Nobel has leased and occupied 8,366 square feet of space at 8001 LBJ Freeway, Dallas, Texas from LBJ Commerce Center Inc. This lease commenced August 1, 2000 and provides for a term of 36 months. This space is used as the administrative offices of both Nobel Insurance Company and Nobel Service Corporation. | 77 | 10K |
gb_prudential-AR_2015 | 5,290 | (f) Other items include the effect of intra-group loans, contingent loan repayments as shown in note 10(i), timing differences arising on statutory transfers and other non-cash items. For 2015, other items for long-term business include the effect of a classification change of £702 million from Other operations to UK insurance operations in order to align with Solvency II segmental reporting. | 60 | annual_report |
gb_lloyds_banking_grp-AR_2017 | 1,561 | The Executive Directors make decisions within clearly defined parameters which are documented within the Corporate Governance Framework, although where appropriate, any activities outside the ordinary course of business are brought to the full Board for their consideration, even if the matters fall within the agreed parameters. The Corporate Governance Framework helps to ensure that decisions are made by the management with the correct authority. | 64 | annual_report |
228 | 345 | Consolidated net operating revenues for the year ended December 31, 1994 were $142 million, an increase of $7.7 million or 6 percent over 1993 revenues. The Company achieved consolidated operating income of $3.6 million for 1994, which surpassed the $5.1 million of consolidated operating losses incurred in the prior year. This 1993 loss included a one-time $4.9 million fourth quarter charge for restructuring and other non-recurring items. The Company's consolidated net income for 1994 was $3.1 million versus a consolidated net loss for 1993 of $5.7 million. | 87 | 10K |
4817 | 913 | NICO established a collateral trust account as security for its obligations to the Company. The fair value of the collateral trust account at December 31, 2013 was $3.1 billion. In addition, Berkshire Hathaway Inc. guaranteed the payment obligations of NICO up to the full aggregate reinsurance limit as well as certain of NICO’s performance obligations under the trust agreement. NICO is responsible for claims handling and billing and collection from third-party reinsurers related to the Company’s A&EP claims. | 78 | 10K |
3893 | 1,266 | At the end of each period, the reserves were re-estimated for all prior accident years. The Company's prior year reserves decreased by $35,938, $30,791, and $42,747 for the years ended December 31, 2008, 2007, and 2006, respectively. The decrease in prior year reserves during 2008 resulted from re-estimations of prior years ultimate loss and LAE liabilities and is primarily composed of reductions of $21,752 in our retained automobile reserves and $8,905 in reserves assumed from CAR ("CAR"). The decrease in prior year reserves during 2007 resulted from re-estimations of prior years ultimate loss and LAE liabilities and is primarily composed of reductions of $15,503 in our retained automobile reserves, $11,335 in CAR assumed reserves and $2,941 in our retained homeowner's reserves. The decrease in prior year reserves during 2006 resulted from re-estimations of prior years ultimate loss and LAE liabilities and is primarily composed of reductions of $23,945 in our retained automobile reserves, $14,006 in CAR assumed reserves, $3,430 in our retained homeowners reserves and $686 in FAIR Plan assumed reserves. | 171 | 10K |
StandardLifeAberdeenPLC-AR_2009 | 1,137 | • The Group’s offshore business, which is sold by Standard Life International Limited (SLIL) | 14 | annual_report |
2934 | 883 | Contingently issuable shares of 69,185, 105,202 and 81,875 were potentially available during 2005, 2004 and 2003, respectively, but were not included in the computations of diluted earnings per share because the impact was anti-dilutive to the earnings per share calculation. | 40 | 10K |
4861 | 774 | In the normal course of business, the Company incurs certain out-of-pocket expenses that are thereafter reimbursed by the Company’s clients. Under GAAP, these out-of-pocket expenses and associated reimbursements are required to be included when reporting expenses and revenues, respectively, in the Company’s consolidated results of operations. The amounts of reimbursed expenses and related revenues from reimbursements offset each other in the Company’s consolidated statements of operations with no impact to its net income. | 73 | 10K |
2134 | 3,365 | All employees of Altius were eligible to participate in the Savings Plan effective January 1, 2004. | 16 | 10K |
LloydsBankingGroupPLC-AR_2020 | 2,585 | GHG emissions (CO2e) per £m of underlying income (Location Based) – expanded scope** 7.9 9.9 10.6 * Intensities have been restated for 2017-2018 and 2018-2019 to reflect changes to emissions data only, replacing estimated data with actuals; underlying income figures for those years have not changed. | 46 | annual_report |
de_allianz-AR_2014 | 1,079 | In our German life business, premiums grew 11.8 % to € 19,014 mn. This growth was driven by an increase in our single premium business with savings products while regular premiums were relatively flat. In particular the product “Perspektive” – which was launched in the second quarter of 2013 and balances reduced guarantees and higher expected returns for the policyholder with lower capital requirements for the shareholder – contributed most of this premium growth. Statutory premiums in our German health business decreased 0.6 % to € 3,245 mn due to a lower contribution from full health care coverage business. | 99 | annual_report |
DirectLineInsuranceGroupPLC-AR_2017 | 424 | Our people strategy supports our business strategy, ensuring we have capable, skilled and engaged people who can help make buying insurance much easier and better value for our customers. | 29 | annual_report |
4652 | 3,092 | the present value of total expected assessments over the lifetime of the contracts are equal. The GMIB liability associated with fixed annuities is determined each period by estimating the present value of projected income benefits in excess of the account balance. The Company regularly evaluates the estimates used and adjusts the GMDB and GMIB liability balances, with an associated charge or credit to earnings, if actual experience or other evidence suggests that earlier assumptions should be revised. | 77 | 10K |
876 | 276 | Selected Financial Data. The following table sets forth selected consolidated financial data of Chartwell as of and for the periods indicated. This table does not include any historical operating financial data relating to CMA prior to December 31, 1996 or Piedmont prior to December 31, 1995 because the results of operations subsequent to the acquisition of CMA and the Piedmont Merger through the end of the years indicated were immaterial to Chartwell. The financial data for each of the five years in the period ended December 31, 1998 is derived from the audited consolidated financial statements of Chartwell. The following table also includes selected data from the Statutory Annual Statements of Chartwell Reinsurance and INSCORP. The selected consolidated financial data should be read in conjunction with the consolidated financial statements of Chartwell and notes thereto and Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," included elsewhere herein. | 152 | 10K |
ASRNederlandNV-AR_2011 | 1,420 | F a ir v a lu e t h r o u g h p r o Fi t a n d l o ss in v es tm en t s at | 33 | annual_report |
3243 | 1,441 | Premiums, fees and other revenues increased by $469 million, or 17%, to $3,254 million for the year ended December 31, 2006 from $2,785 million for the comparable 2005 period. Mexico’s premiums, fees and other | 34 | 10K |
4393 | 1,186 | In estimating our claims liability at December 31, 2011, we adjusted our base calculation to take account of the following factors which we believe are reasonably likely to change our final claims liability amount: | 34 | 10K |
NatwestGroupPLC-AR_2019 | 3,706 | At 1 January 233 92 264 101 296 102 Granted 110 42 156 59 152 63 Forfeited (10) (4) (21) (8) (11) (4) Vested (137) (54) (166) (60) (173) (60) At 31 December 196 76 233 92 264 101 | 39 | annual_report |
2178 | 283 | When derivatives meet specific criteria, they may be designated as accounting hedges and accounted for as fair value, cash flow, foreign currency fair value or foreign currency cash flow hedges. The hedged item may be either all or a specific portion of a recognized asset, liability or an unrecognized firm commitment attributable to a particular risk. At the inception of the hedge, the Company formally documents the hedging relationship and risk management objective and strategy. The documentation identifies the hedging instrument, the hedged item, the nature of the risk being hedged and the methodology used to assess how effective the hedging instrument is in offsetting the exposure to changes in the hedged item's fair value attributable to the hedged risk, or in the case of a cash flow hedge, the exposure to changes in the hedged item's or transaction's variability in cash flows attributable to the hedged risk. The Company does not exclude any component of the change in fair value of the hedging instrument from the effectiveness assessment. At each reporting date, the Company confirms that the hedging instrument continues to be highly effective in offsetting the hedged risk. Ineffectiveness in fair value hedges and cash flow hedges is reported in realized capital gains and losses. For the years ended December 31, 2003, 2002 and 2001, the hedge ineffectiveness reported as realized capital gains and losses amounted to gains of $16 million, losses of $15 million and gains of $6 million, respectively. | 243 | 10K |
4654 | 797 | The medical care ratio of the California health plan increased to 86.9% for the year ended December 31, 2011, from 84.6% for the year ended December 31, 2010. The California health plan received premium reductions of approximately 3% and 1% effective July 1, 2011, and October 1, 2011, respectively. In the second half of 2011, the California health plan added approximately 14,500 new ABD members with average premium revenue of approximately $385 PMPM. | 73 | 10K |
5446 | 1,253 | Based on current assumptions, in 2018, the Company expects to contribute approximately $92 million, $63 million, and $22 million to its U.K., U.S. and other significant international pension plans, respectively. | 30 | 10K |
4906 | 547 | The following table summarizes the composition of the fair value of the fixed income securities portfolio (excluding the bond which has been classified in Level 3 within the fair value hierarchy in 2013), excluding cash and cash equivalents, as of the dates indicated, by ratings assigned by Fitch, S&P or Moody’s Investors Service. The fixed income securities portfolio consists of predominantly very high quality securities in corporate and government bonds with 87.4% rated ‘A’ or better at December 31, 2014 compared to 88.3% at December 31, 2013. | 87 | 10K |
StandardLifeAberdeenPLC-AR_2016 | 2,378 | (b)(iii) India and China – Insurance and investment contracts Unit linked life contracts (fee business) The main contract issued by SLA is the Harvest 101 product. This contract was closed to new business in 2015. It is a regular premium savings product with a term ranging from 5 to 25 years. The customer has the option to invest in unit linked funds offered by SLA and mutual funds and deposit accounts offered by other providers. The mutual funds and deposit accounts are recognised as assets by the Group and are classified as unit linked business along with a corresponding liability. On death of the life insured, a benefit of 101% of the fund value is paid. If the death is accidental then an additional benefit of 10% of the initial account value is paid subject to a USD10,000 cap. These contracts are classified as insurance contracts where it is considered that the accidental death benefit transfers significant insurance risk. No other guarantees apply to this contract. | 166 | annual_report |
5699 | 511 | A reconciliation of the numerator and denominator of the loss per common share calculations is as follows: | 17 | 10K |
5666 | 2,136 | Although we use reinsurance as one of our risk management tools, reinsurance does not relieve us of our obligations to our policyholders. In the event the reinsurers are unable to meet their obligations to us, our insurance subsidiaries would be liable for any defaulted amounts. However, consistent with the PMIERs reinsurer counterparty collateral requirements, Radian Guaranty’s reinsurers have established trusts to help secure our potential cash recoveries. In addition to the total VIE assets of the Eagle Re Issuers discussed above, the amount held in reinsurance trusts was $203.2 million as of December 31, 2019, compared to $212.2 million as of December 31, 2018. In addition, for the Single Premium QSR Program, Radian Guaranty holds amounts received from ceded premiums written to collateralize the reinsurers’ obligations, which is reported in reinsurance funds withheld on our consolidated balance sheets. Any loss recoveries and profit commissions paid to Radian Guaranty related to the Single Premium QSR Program are expected to be realized from this account. | 163 | 10K |
3607 | 1,813 | Competition has continued to increase in the Japanese market as the most significant competition the result of the strengthening of domestic competitors. This competition has resulted in changes in key distribution relationships that have negatively impacted current year deposits and could potentially impact future deposits. Deposits in 2007 were also negatively impacted by new financial regulations and laws that affect distribution. The Company continues to focus its efforts on strengthening our distribution relationships and improving our wholesaling and servicing efforts. In addition, the Company continues to evaluate product designs that meet customers’ needs while maintaining prudent risk management. In February 2007, Life introduced a new variable annuity product called “3 Win” to complement its existing variable annuity product offerings in Japan. The new product has been favorably received by the market with the new product accounting for 42% of Japan’s sales for the year ended December 31, 2007. The success of the Company’s enhanced product offerings, including those to be launched in 2008, will ultimately be based on customer acceptance in an increasingly competitive environment. | 175 | 10K |
2783 | 540 | Sherman: Sherman is principally engaged in purchasing and collecting for its own account delinquent consumer receivables, which are primarily unsecured, and in originating and servicing subprime credit card receivables. The borrowings used to finance these activities are included in Sherman’s balance sheet. | 42 | 10K |
gb_prudential-AR_2006 | 799 | Threadneedle acquires. This is a new area for Prudential UK that builds on its experience in providing annuities to the customers of life insurance companies. With the future growth in defined contribution schemes within the UK, Prudential UK expects more agreements of this type. | 44 | annual_report |
PosteItalianeSpA-AR_2015 | 2,063 | Industrial patents and intellectual property rights, concessions, licences, trademarks and similar rights | 12 | annual_report |
2425 | 1,103 | Asset management revenues of $390 million were generated by Nuveen Investments, which was acquired in the merger. Nuveen Investments’ gross sales of investment products in 2004 from the date of the merger totaled $19.86 billion. | 35 | 10K |
1657 | 1,711 | increase in 2001 include premium rate increases on the medical insurance | 11 | 10K |
5561 | 409 | Fair Value Measurement - Changes to the Disclosure Requirements for Fair Value Measurement. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). This guidance removes the following disclosure requirements from Topic 820: (1) the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, (2) the policy for timing of transfers between levels, and (3) the valuation processes for Level 3 fair value measurements. This disclosure also includes the changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements held at the end of the reporting period and the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements. ASU 2018-13 is effective for interim and annual reporting periods beginning after December 15, 2019, although earlier adoption is permitted. The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements. | 182 | 10K |
5913 | 1,996 | The 401(k) contributions by the Company, included in acquisition and operating expenses in the consolidated statements of earnings, were $20 million in 2020 and $18 million in both 2019 and 2018. The plan trustee held approximately 2.5 million shares of the Company's common stock for plan participants at December 31, 2020. | 51 | 10K |
2037 | 495 | At December 31, 2002, the Company has provided approximately $872.7 million of statutory financial reinsurance, as measured by pre-tax statutory surplus, to other insurance companies under financial reinsurance transactions to assist ceding companies in meeting applicable regulatory requirements and to enhance ceding companies' financial strength. Generally, such financial reinsurance is provided by the Company committing cash or assuming insurance liabilities, which are collateralized by future profits on the reinsured business. The Company retrocedes the majority of the assumed financial reinsurance. The Company earns a fee based on the amount of net outstanding financial reinsurance. | 94 | 10K |
AegonNV-AR_2015 | 1,622 | on the basis of a standard formula, in accordance with Solvency II | 12 | annual_report |
StandardLifeAberdeenPLC-AR_2017 | 3,530 | The assumption of the percentage of eligible customers that did not receive sufficient information from Standard Life Aberdeen about enhanced annuities and suffered loss as a result is based on the sample of Standard Life Aberdeen customers reviewed to date. | 40 | annual_report |
AvivaPLC-AR_2007 | 2,813 | 38 – Insurance liabilities continued For unit-linked and some unitised with-profit business, the provisions are valued by adding a prospective non-unit reserve to the bid value of units. The prospective non-unit reserve is calculated by projecting the future non-unit cash flows on the assumption that future premiums cease, unless it is more onerous to assume that they continue. Where appropriate, allowance for persistency is based on actual experience. | 68 | annual_report |
5825 | 728 | As noted above, the servicer of the loan must begin attempts to contact the borrower no later than 30 days prior to the expiration of any forbearance plan term and must continue outreach attempts until appropriate contact is made or the forbearance plan term has expired. In certain circumstances, the servicer may be unable to contact the borrower and the forbearance plan will expire after the first 180-day plan. A delinquent mortgage for which the borrower was unable to be contacted and that is not in a forbearance plan may be more likely to result in a claim than a delinquent loan in a forbearance plan. The substantial majority of our NIW was delivered to or purchased by the GSEs. While servicers of some non-GSE loans may not be required to offer forbearance to borrowers, we allow servicers to apply GSE loss mitigation programs to non-GSE loans. In addition, the CFPB requires substantial loss mitigation efforts be made prior to servicers initiating foreclosure, therefore, servicers of non-GSE loans may have an incentive to offer forbearance or deferment. | 177 | 10K |
LloydsBankingGroupPLC-AR_2016 | 166 | Interest rates low for longer Interest rates remain at historical lows with the base rate having been cut to 0.25 per cent in August, and are expected to remain low in the foreseeable future. Market rates currently imply an increase to the base rate to 0.5 per cent during 2018, and to 0.75 per cent a year later. This flattening of the yield curve along with continued competition has meant bank margins remain under pressure. Significant competition has meant lending rates across the market remain low, particularly in mortgages, although deposit rates have fallen further during the year, offsetting the impact of lower lending rates. | 105 | annual_report |
5901 | 833 | For the year ended December 31, 2019, net premiums written and earned grew 30% and 37%, respectively, compared to the year ended December 31, 2018. The growth in net premiums written and earned was primarily due to the growth of our IIF and increased monthly policy production, partially offset by increased cessions under the QSR Transactions and 2018 and 2019 ILN Transactions. | 62 | 10K |
LloydsBankingGroupPLC-AR_2005 | 1,069 | Premiums received in respect of life insurance contracts and participating investment contracts are recognised as revenue when due and are shown before deduction of commission. | 25 | annual_report |
Sampoplc-AR_2009 | 1,404 | Earnings per share Profit or loss attributable to the equity holders of the parent company 641 675 Weighted average number of shares outstanding during the period 560 569 Earnings per share (EUR per share) 1.14 1.18 | 36 | annual_report |
fr_axa-AR_2013 | 6,808 | extensive use of derivatives is the major way to decrease the risk of the options and guarantees that are implicit in most Life | 23 | annual_report |
4619 | 930 | The following table summarizes amounts due from parent and affiliates at December 31, 2012 and 2011: | 16 | 10K |
3730 | 1,390 | GROSS UNREALIZED ($ IN THOUSANDS) AMORTIZED ---------------- FAIR COST GAINS LOSSES VALUE --------- ------- ------- -------- AT DECEMBER 31, 2008 U.S.government and agencies $ 75,374 $3,700 $ (258) $ 78,816 Corporate 77,192 603 (2,092) 75,703 Municipal 502 -- (3) 499 Mortgage-backed securities 46,720 1,680 (49) 48,351 Commercial mortgage-backed securities 22,896 -- (3,936) 18,960 Asset-backed securities 6,983 20 (4) 6,999 -------- ------ ------- -------- Total fixed income securities $229,667 $6,003 $(6,342) $229,328 ======== ====== ======= ======== | 75 | 10K |
SwissReAG-AR_2012 | 2,513 | Financial statements | Notes to the Group financial statements 5 Deferred acquisition costs (DAC) and acquired present value of future profits (PVFP) | 22 | annual_report |
NatixisSA-AR_2018 | 704 | François Pérol is a graduate of the HEC business school and Sciences Po and alumnus of the École Nationale d’Administration who started his career at the French government's Inspection des Finances. He held various positions at the Ministry of the Economy and Finance, beginning with the Treasury Department (1994-2002), and then on the Cabinets of Ministers Francis Mer and Nicolas Sarkozy (2002-2004). He then left the administration to join Rothschild & Cie Banque as Managing Partner from 2005 to 2007. François Pérol was appointed Deputy Secretary General to the President of the French Republic from 2007 to 2009. | 98 | annual_report |
3878 | 2,418 | Most of AIGFP’s credit default swaps are subject to collateral posting provisions. These provisions differ among counterparties and asset classes. Although AIGFP has collateral posting obligations associated with both regulatory capital relief transactions and arbitrage transactions, the large majority of these obligations to date have been associated with arbitrage transactions in respect of multi-sector CDOs. | 55 | 10K |
PhoenixGroupHoldingsPLC-AR_2010 | 861 | 3 Jonathan yates joined the Phoenix Group on 4 May 2010 and was appointed to the Board as a Director on 23 June 2010. The detail shown only relates to the period from his appointment as a Director to 31 December 2010. In addition to the amounts shown, as part of his recruitment arrangements Jonathan yates was paid an amount of £20,000. | 62 | annual_report |
NatwestGroupPLC-AR_2013 | 2,813 | Liquidity reserves Liquidity risks are mitigated by the Group’s centrally managed liquidity portfolio. The size of the portfolio is determined under the Group’s liquidity risk management framework with reference to the Group’s risk appetite. | 34 | annual_report |
de_allianz-AR_2010 | 1,984 | Expenses from fully consolidated private equity investments 32 (1,803) (2,142) (2,470) | 11 | annual_report |
NatixisSA-AR_2014 | 5,794 | Pensions and other employee benefi ts 12.2.2 & 12.2.3 (210) (186) | 11 | annual_report |
NatixisSA-AR_2006 | 2,811 | The main guidelines are as follows: separation of risk and control functions within the Natixis Group, including: distinction between front and back offi ce functions, the existence of fi rst-tier controls at an operational level, distinction between periodic and permanent controls; a global organization of control units within the Natixis Group ensuring the consistency of internal procedures; a specifi c role for the central body assigned jointly to the Caisse d’Epargne Group and the Banque Populaire Group. | 77 | annual_report |
5571 | 2,953 | In June 2018, MetLife, Inc. issued 32,200 shares of 5.625% Non-Cumulative Preferred Stock, Series E (the “Series E preferred stock”) with a $0.01 par value per share and a liquidation preference of $25,000 per share, for aggregate net proceeds of $780 million. | 42 | 10K |
gb_prudential-AR_2019 | 7,140 | Tel +1 800 990 1135, or from outside the USA +1 651 453 2128 or log on to www.adr.com | 19 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2012 | 2,301 | Reinsurance Life Property-casualty €m 2012 Prev. year 2012 Prev. year Gross Claims and benefits paid 7,993 6,479 11,714 10,747 Change in technical provisions | 23 | annual_report |
StandardLifeAberdeenPLC-AR_2018 | 1,721 | SLA Transformation Portfolio progressing well – on track to deliver the targeted annual efficiency savings of over £350m by 2020 | 21 | annual_report |
4039 | 1,421 | Assets and liabilities that arose from business combinations with acquisition dates prior to the effective date (financial years beginning after December 15, 2008) are not adjusted upon adoption, with certain exceptions for acquired deferred tax assets and acquired income tax positions. | 41 | 10K |
4393 | 1,143 | Until July 2, 2010, we held certain auction rate securities (designated as trading securities) with an investment securities firm. In 2008, we entered into a rights agreement with this firm that (1) allowed us to exercise rights (the “Rights”) to sell the eligible auction rate securities at par value to this firm between June 30, 2010 and July 2, 2012, and (2) gave the investment securities firm the right to purchase the auction rate securities from us any time after the agreement date as long as we received the par value. On June 30, 2010, and July 1, 2010, all of the eligible auction rate securities remaining at that time were settled at par value. During 2010, the aggregate auction rate securities (designated as trading securities) settled amounted to $40.9 million par value (fair value $36.7 million). Substantially all of the difference between par value and fair value on these securities was recovered through the rights agreement. For the year ended December 31, 2010, we recorded pretax gains of $4.2 million on the auction rate securities underlying the Rights. | 179 | 10K |
gb_prudential-AR_2015 | 2,180 | Pension entitlements Pension provisions in 2015 were: Executive 2015 pension arrangement Life assurance provision | 14 | annual_report |
fr_axa-AR_2008 | 4,775 | Non Life – locked-in discount rate (a) 4,396 4.18% 2,385 4.25% 2,426 4.16% | 13 | annual_report |
4832 | 2,734 | Certain derivative agreements entered into by the Company or its subsidiaries contain rating downgrade provisions that permit early termination of the agreement by the counterparty if collateral is not posted following failure to maintain certain credit ratings from one or more of the principal credit rating agencies. If the Company were required to early terminate such agreements due to a rating downgrade, it could potentially be in a net liability position at the time of settlement. The aggregate fair value of all derivative agreements containing such rating downgrade provisions that were in a liability position and the collateral posted under any of these agreements at December 31 for the years indicated were as follows: | 114 | 10K |
TrygAS-AR_2009 | 1,152 | * Following the annual general meeting of 2010, the members elected by the employees will comprise two Danish, one Norwegian and one Swedish employee. | 24 | annual_report |
RaiffeisenBankInternationalAG-AR_2017 | 3,050 | The following tables show the non-performing exposure according to segments: in € thousand 2017 Share | 15 | annual_report |
fr_axa-AR_2003 | 1,889 | PanEurolife In January 2002, Nationwide, a US-based insurance company, commenced an arbitration proceeding before the | 15 | annual_report |
83 | 659 | The insurance companies have remaining loss carry forwards for tax purposes of approximately $280,000 for Security National Life and $449,000 for Capital Investors Life for a total of $729,000. Such losses will begin to expire if unused by 2008. Capital Investors Life's loss carryforward originated in a separate return limitation year. | 51 | 10K |
RaiffeisenBankInternationalAG-AR_2020 | 2,153 | The following changes to the segmentation were applied from the first quarter 2020, in order to align the segments more closely with internal management: Joint service providers have been allocated to the Corporate Center segment. These were previously allocated to the regional segments. | 44 | annual_report |
NatwestGroupPLC-AR_2011 | 5,790 | Tangible net asset value (TNAV) - owners’ equity attributable to ordinary and B shareholders less intangible assets divided by the number of ordinary and B shares in issue. | 28 | annual_report |
NatixisSA-AR_2008 | 4,352 | group’s complaint, whether with respect to the execution of the contracts on their performance. The legal arguments used by the | 20 | annual_report |
NatixisSA-AR_2014 | 634 | V Chairman of the Board of Directors and member of the Board of BPCE IOM | 15 | annual_report |
5866 | 2,213 | gain (loss) recognized in net income for the effects of derivatives not designated as hedges for the years ended December 31: | 21 | 10K |
2142 | 2,799 | In May 2003, the FASB issued SFAS No. 150, “Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity.” This statement establishes standards for how an issuer classifies and measures certain financial instruments with characteristics of both liabilities and equity. It requires that an issuer classify a financial instrument that is within its scope as a liability (or an asset in some circumstances). This statement is effective for instruments entered into or modified after May 31, 2003 and the disclosure requirements were effective beginning with the third quarter of 2003. Adoption of this statement did not have an impact on the Company’s financial statements. | 106 | 10K |
5343 | 962 | The Company's other intangible assets primarily relate to the purchase of Hardy, and the amortization of these intangible assets is included in the Statement of Operations for the International segment. For the year ended December 31, 2014 amortization expense of $2 million was included in Amortization of deferred acquisition costs. For the years ended December 31, 2016, 2015 and 2014 amortization expense of $1 million was included in Other operating expenses. The gross carrying amounts and accumulated amortization in the table above may change from period to period as a result of foreign currency translation. Estimated future amortization expense for other intangible assets is $1 million annually in 2017 through 2021. | 111 | 10K |
PosteItalianeSpA-AR_2019 | 8,290 | B1. Value adjustments to acquired or originated impaired financial assets - X - X - X | 16 | annual_report |
TopdanmarkAS-AR_2009 | 405 | The assets of the CDO are financed by investors in loan and equity tranches. The top tranche has an AAA-rating, the intermediary tranches have ratings typically decreasing to BB while the lower tranche (or tranches) are not rated. The rated tranches usually bear interest at LIBOR plus a margin. The bottom tranche, referred to as the equity or sub-tranche, receives the residual return after payment of the return promised to the higher ranking tranches. | 74 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2018 | 2,026 | The financial statement risk The provision for outstanding claims at the reporting date was €46,919m in the property-casualty reinsurance segment and €4,670m in the property-casualty German primary insurance segment. In the ERGO International segment, a major part of the provision for outstanding claims of €2,848m refers to property-casualty business. Major losses from natural catastrophes had an impact of €1,256m on the Group in the financial year. | 66 | annual_report |
ScorSE-AR_2010 | 232 | 4.1.6 SCOR MAY BE ADVERSELY AFFECTED BY ITS CEDANTS, RETROCESSIONAIRES, INSURERS OR MEMBERS OF POOLS IN WHICH IT PARTICIPATES DO NOT RESPECT THEIR OBLIGATIONS | 24 | annual_report |
INGGroepNV-AR_2020 | 3,291 | In November 2020, ING announced the appointment of Ljiljana Čortan as CRO and member of the | 16 | annual_report |
HelvetiaHoldingAG-AR_2011 | 2,210 | «A beautiful little vineyard … we’ve always dreamt of this. What’s stopping us now?» | 14 | annual_report |
PosteItalianeSpA-AR_2020 | 3,539 | Purchases of consumables relating to ream paper for internal use within the Group, the supply of labels, packaging, forms and cartons, as well as purchases of original and re-manufactured consumables for printers, comply, where applicable, with the “Minimum Environmental Criteria”. As part of the project to replace traditional virgin plastic materials with eco-sustainable materials, and as part of the broader context of reducing environmental impact and protecting ESG issues, in 2020, through competitive bidding, four framework agreements were signed for the supply of approximately 70 million adhesive pockets and envelopes for express couriers made with a percentage of recycled plastic between 60% and 70%. In line with its commitment to the use of recyclable materials, a project has been launched to replace traditional credit cards with cards made from sustainable materials, such as the new Postepay Green, 82% of which is made from polylactic acid of organic origin. | 148 | annual_report |
INGGroepNV-AR_2018 | 5,900 | Contents | Report of the Executive Board | Corporate governance | Consolidated annual accounts | Parent company annual accounts | Other information | Appendices > Investments in Group companies > 1 1 Investments in Group companies | 36 | annual_report |
1000 | 592 | Premiums for Group Operations decreased by approximately 5.0%, or $191.0 million, in 1998 as compared to 1997. The decrease was attributable, in part, to a $166.0 million decrease in the medical lines of coverage in Health Benefits, resulting from the decision to exit some markets. Additionally, due to changes in coverage terms, Federal Employees Health Benefit Plan ("FEHBP") premiums decreased by $90.0 million. These decreases were offset, in part, by premium growth of $65.0 million across almost all other lines of business. | 82 | 10K |
LloydsBankingGroupPLC-AR_2017 | 624 | Deposits increased by 4 per cent to £147.6 billion, with continued momentum in attracting high quality transactional banking deposits. | 19 | annual_report |
PhoenixGroupHoldingsPLC-AR_2014 | 1,636 | Loans and receivables are non derivative financial assets with fixed or determinable payments that are not quoted in an active market. These investments are initially recognised at cost, being the fair value of the consideration paid for the acquisition of the investment. All transaction costs directly attributable to the acquisition are also included in the cost of the investment. Subsequent to initial recognition, these investments are carried at amortised cost, using the effective interest method. | 75 | annual_report |
AvivaPLC-AR_2007 | 1,659 | 2. “Benefits”. All the executive directors received life assurance benefits during the year that relate to the cost incurred by the Company of insuring the directors’ life assurance and spouses’ benefits which, had they died during the year, could not have been wholly paid by the pension scheme and would therefore have been met by the Company. The disclosure also includes the cost of private medical insurance, and where appropriate, accompanied travel, accommodation and car benefits. All the numbers disclosed include the tax charged on the benefits. No directors received an expense allowance during the year. | 96 | annual_report |
1880 | 630 | In accordance with the provisions SFAS No. 123, “Accounting for Stock-Based Compensation", the Company has elected to follow Accounting Principles Board Opinion No. 25, “Accounting for Stock Issued to Employees” (“APB No. 25”) and related interpretations in accounting for its plans and does not recognize compensation expense for its stock-based compensation plans other than for awards of restricted shares. Expense is recognized over the vesting period of the restricted shares. Expense related to restricted shares totaled $990,000 and $757,000 for the years ended December 31, 2002 and 2001, respectively. Commensurate with the sale of the Company’s insurance operations on November 1, 2000, all of the then outstanding restricted stock vested. The expense related to this required vesting was included in the gain on the sale of discontinued operations. Prior to the sale of the insurance operations, the Company had expensed approximately $2,438,000 in 2000. | 144 | 10K |
NatwestGroupPLC-AR_2016 | 4,564 | Shipping valuations - Vessel valuations are obtained using several different independent sources. Valuations are usually undertaken on a desktop basis, assuming a willing buyer and willing seller. Most vessels are valued on a charter-free basis, but in certain circumstances the valuations take account of longer term committed charter income. Valuations are normally performed on a quarterly basis. From time to time, particularly for facilities showing increased signs of financial stress, a more formal valuation or specialist advice will be obtained. | 80 | annual_report |
fr_axa-AR_2001 | 5,165 | (2) The pro forma financial information eliminates the after tax income from the DLJ discontinued operations (including the gain on the sale of DLJ) for the years ended December 31, 2000 and 1999 for comparability purposes. | 36 | annual_report |
4953 | 1,027 | We file income tax returns in the U.S. and in various state, local and foreign jurisdictions. We are routinely examined by tax authorities in these jurisdictions. At December 31, 2014, we had been examined by the IRS through calendar year 2010. The IRS is currently conducting a routine examination of calendar years 2011 and 2012. A number of foreign, state and local examinations are currently ongoing. It is reasonably possible that our gross unrecognized tax benefits may change within the next twelve months. However, we believe any changes in the recorded balance would not have a significant impact on our consolidated financial statements. | 103 | 10K |
4356 | 1,348 | an increase in large catastrophic losses and large losses of $1,174 million, net of retrocession, reinstatement premiums and profit commissions, related to the 2011 catastrophic events, compared to the 2010 catastrophic events and Deepwater Horizon; and | 36 | 10K |
AssicurazioniGeneraliSpA-AR_2019 | 2,361 | Liabilities related to insurance contracts and investment contracts with discretionary participation features are determined analytically for each kind of contract on the basis of appropriate actuarial assumptions. They meet all the existing commitments based on best estimates. These actuarial assumptions take into consideration the most recent demographic tables of each country where the risk is underwritten, aspects of mortality, morbidity, determination of risk-free rates, expenses and inflation. The tax charge is based on laws in force. Among life insurance provisions, provisions in addition to mathematical provisions, already envisaged by the local regulations in case of adverse changes in the interest rates or mortality, are classified as provisions for the liability adequacy test. | 112 | annual_report |
3067 | 1,088 | The following financial statement schedules are filed in Item 15 of Part III of this report: | 16 | 10K |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.