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fr_axa-AR_2008 | 3,903 | Investment in real estate properties designated as at fair value through profit or loss (b) 4,137 4,137 0.71% – – – 4,137 4,137 0.69% | 24 | annual_report |
4367 | 1,350 | Bornhuetter-Ferguson method and the Projected Claim Count times Projected Claim Severity method. Liability claims for long-tail lines are more susceptible to litigation and can be significantly affected by changing contract interpretation and the legal environment. Therefore, the estimation of loss reserves for these classes is more complex and subject to a higher degree of variability. | 55 | 10K |
GjensidigeForsikringASA-AR_2016 | 325 | In 2016, 92 per cent of our employees in six countries chose to take part in the survey. That is a very high response rate. The survey measures various criteria on a scale from 0 to 100, where 100 indicates an optimal condition. | 43 | annual_report |
342 | 168 | If Reliance or any of the Company's excess of loss reinsurers are unable to meet any of their obligations to the Company under their reinsurance policies, the Company would be responsible for the payment of all claim and claim settlement expenses covered by the workers' compensation policies that the Company had underwritten, including those expenses covered by reinsurance. The Company is not aware of any developments with respect to any of its reinsurers that would prevent them from honoring any of their obligations to the Company. | 86 | 10K |
1914 | 888 | The net loss in 2002 was a $248.0 million higher compared to net income in 2001. The net loss includes $199.1 million related to charges required by FAS 113 for increases in personal accident and disability income reserves for the business sold through indemnity reinsurance to Swiss Re. Included in the charge is $0.6 million of amortization related to the reserve increases and the settlement with Swiss Re on disputed matters. In addition, the amortization of deferred gain on indemnity reinsurance increased $36.0 million due to a full year’s amortization in 2002 compared to one month’s amortization in 2001. | 99 | 10K |
3507 | 4,415 | Fixed maturities and equity securities included $89 million at December 31, 2007 and $88 million at December 31, 2006, which were pledged as collateral to brokers as required under certain futures contracts. These fixed maturities and equities securities were primarily corporate securities. | 42 | 10K |
5634 | 4,186 | 0.5 point decrease in the renewal ratio in 2017 compared to 2016. Of our largest 10 states, 1 experienced an increase in the renewal ratio in 2017 compared to 2016. | 30 | 10K |
1756 | 424 | Investment income was $1.2 million in 2001, $1.5 million in 2000, and $1.2 million in 1999. The principal reason for the variation in investment income from year to year is fluctuation in the amount of fixed-income securities held in the portfolio and the prevailing level of interest rates. | 48 | 10K |
692 | 234 | In December 1997, the Accounting Standards Executive Committee of the American Institute of Certified Public Accountants issued Statement of Position 97-3, "Accounting by Insurance and Other Enterprises for Insurance-Related Assessments" (SOP 97-3). SOP 97-3 provides guidance for determining when an entity should recognize a liability for guaranty-fund and other insurance-related assessments, how to measure that liability, and when an asset may be recognized for the recovery of such assessments through premium tax offsets or policy surcharges. This SOP is effective for financial statements for fiscal years beginning after December 15, 1998, and the effect of initial adoption is to be reported as a cumulative catch-up adjustment. Restatement of previously issued financial statements is not allowed. The Company has not yet determined when it will implement this SOP and does not anticipate any material impact on the Company's financial condition, results of operations or liquidity. | 144 | 10K |
PhoenixGroupHoldingsPLC-AR_2011 | 289 | Recurring cash outflows Operating expenses of £52 million (2010: £45 million) increased primarily due to the payment of expenses related to previous years. The remaining recurring cash outflows were in line with 2010. | 33 | annual_report |
AvivaPLC-AR_2008 | 2,419 | Investment return variances and economic assumption changes on long-term business 694 – 400 433 104 – – 1,631 | 18 | annual_report |
1265 | 507 | Net income (loss): Commercial $ 12.8 $ 14.8 $ 13.4 Global Special Risks 6.7 9.8 10.7 Engineering services 0.7 4.6 3.0 Investments 73.8 65.1 37.7 ------------------------------- Total net income from reportable segments 94.0 94.3 64.8 Other segments (1) (9.4) (0.3) (1.3) Corporate account 6.4 4.7 5.1 Distributions on capital securities (18.2) (18.4) (2.3) Discontinued operations -- 30.3 -- Gain on sale of IRI, net of income taxes -- 23.8 -- ------------------------------- Net income $ 72.8 $ 134.4 $ 66.3 - -------------------------------------------------------------------------------- | 81 | 10K |
5026 | 1,630 | The following table presents information relating to our mortgage insurance reserves for losses, including IBNR, and LAE but excluding Second-lien PDR, for the periods indicated: | 25 | 10K |
4987 | 1,026 | Berkshire’s Board of Directors (“Berkshire’s Board”) has approved a common stock repurchase program under which Berkshire may repurchase its Class A and Class B shares at prices no higher than a 20% premium over the book value of the shares. Berkshire may repurchase shares in the open market or through privately negotiated transactions. Berkshire’s Board authorization does not specify a maximum number of shares to be repurchased. However, repurchases will not be made if they would reduce Berkshire’s consolidated cash and cash equivalent holdings below $20 billion. The repurchase program does not obligate Berkshire to repurchase any dollar amount or number of Class A or Class B shares and there is no expiration date to the program. There were no share repurchases under the program in 2014. However, on June 30, 2014, we exchanged approximately 1.62 million shares of GHC common stock for WPLG, whose assets included 2,107 shares of Berkshire Hathaway Class A Common Stock and 1,278 shares of Class B Common Stock. The Berkshire shares are reflected as treasury stock in our Consolidated Financial Statements. | 177 | 10K |
TrygAS-AR_2015 | 386 | Overall, the sales level was, however, too low to secure stable premium growth through the year. | 16 | annual_report |
NatwestGroupPLC-AR_2009 | 2,672 | Group-sponsored multi-seller conduits The multi-seller conduits were established by the Group for the purpose of providing its clients with access to diversified and flexible funding sources. A multi-seller conduit typically purchases or funds assets originated by the banks’ clients. The multi-seller conduits account for 43% of the total liquidity and credit enhancements committed by the | 55 | annual_report |
5369 | 1,023 | The following tables set forth the changes in the Company’s accumulated other comprehensive income component (AOCI), net of tax, for the years ended December 31, 2017, 2016 and 2015: | 29 | 10K |
2332 | 532 | To determine the expected long-term rate of return on the plan assets, we consider the current and expected asset allocation, as well as historical and expected returns on each plan asset class. A lower expected rate of return on pension plan assets will increase pension expense. Our long-term expected return on plan assets was 8.25% in 2003 and 8.50% in 2002. | 61 | 10K |
gb_lloyds_banking_grp-AR_2007 | 1,223 | G Truett Tate Group Executive Director, Wholesale and International Banking Joined the group in 2003 as managing director, corporate banking before being appointed to the board in 2004. Served with Citigroup from 1972 to 1999, where he held a number of senior and general management appointments in the USA, South America, Asia and Europe. He was president and chief executive officer of eCharge Corporation from 1999 to 2001 and co-founder and vice chairman of the board of Chase Cost Management Inc from 1996 to 2003. A non-executive director of BritishAmerican Business Inc. A member of the fund-raising board of the National Society for the Prevention of Cruelty to Children. Aged 57. | 111 | annual_report |
2429 | 576 | We have audited the accompanying consolidated balance sheets of First Acceptance Corporation and subsidiaries, formerly known as Liberté Investors, Inc., as of June 30, 2004 and 2003, and the related consolidated statements of operations, stockholders’ equity, and cash flows for each of the years in the three-year period ended June 30, 2004. These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. | 79 | 10K |
ScorSE-AR_2012 | 3,671 | Share capital increase – exercise of stock options – 31 March 2011 - 5,117 - | 15 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020 | 2,032 | % 31.12.2020 Prev. year No quoted market price in an active market | 12 | annual_report |
5705 | 2,945 | The following table summarizes the gains (losses) included in AFG’s Statement of Earnings for changes in the fair value of derivatives that do not qualify for hedge accounting for 2019, 2018 and 2017 (in millions): | 35 | 10K |
SwissLifeHoldingAG-AR_2015 | 2,940 | Represent unfunded commitments to make investments in direct private equity, private equity funds, infrastructure and hedge funds. Such commitments do not involve credit or market risk, as the Group purchases investments at market value at the time the commitments are invoked. | 41 | annual_report |
ScorSE-AR_2009 | 1,541 | The wage taken into account, in order to calculate the rights, is the average wage of the last five professionally active years, adjusted on the date of departure, according to the development of INSEE’s annual average index of the consumer price. | 41 | annual_report |
4999 | 1,917 | In the Property and Marine segment, we believe that property catastrophe exposed reinsurance rates for peak zones and perils will remain under pressure for the balance of the year. We currently anticipate that the portfolio of business we write in our Property and Marine segment during 2015 will be less than our current in-force book of business as a result of a softening reinsurance market environment and the effect of the pending Merger. Our Property and Marine segment will continue to represent a large proportion of our overall book of business, which could result in significant volatility in our results of operations. | 102 | 10K |
NatixisSA-AR_2011 | 5,904 | 5FINANCIAL DATA Consolidated fi nancial statements and notes 15.2 Related parties | 11 | annual_report |
ScorSE-AR_2019 | 4,207 | Life reinsurance activities Reducing the protection gap is also an area developed by the Group's Life business unit as part of the “Quantum Leap” strategic plan. To achieve that goal, the Group is leveraging on multiple partnerships with academics and innovative companies, which will allow to provide a more inclusive insurance, to promote healthier lifestyles, and to make the insurance buying process easier and faster thanks to the use of digital and new technologies. These products have been developed thanks to the expertise developed by SCOR Global Life’s R&D centers and based on its multiple partnerships with academics and research institutions (on the cardio-vascular risks, Alzheimer’s, etc.). All these R&D efforts are then translated into a deeper underwriting expertise and shared with SCOR Global Life’s clients, enabling to expand insurability, and provide peace-of-mind to insured people through tailoredmade solutions: • the development of solutions for under-insured population: for instance, SCOR has co-developed a mortality cover for cancer survivors (Hong Kong), a digital offering for people sick with type-II diabetes (Hong Kong). More recently, a new pricing tool was made available to SCOR’s clients to insure women who recovered from breast cancer and who want to get back to a normal life; this progress is due to the use of machine learning on large public database widely supported by the academic world; • the development of solutions to expand insurability: an innovative solutions was developed in Spain as part of a family cover, offering congenital coverage (e.g. Down’s syndrome) for newborns, which was developed in close collaboration with a Spanish insurer and required a specific piece of research on congenital diseases; • the promotion of healthy lifestyles: as an example, SCOR has developed the Biological Age Model (BAM) that encourages people to be active thus reducing some risks related to contemporary lifestyles; • the development of solutions to support people to live longer and healthier – as an example, SCOR made a recent investment into BioSerenity, a French medical solutions company that aims to optimize the patient pathways in several chronic diseases; • and lastly, one of the objectives of the strategic plan for SCOR is to develop solutions that accelerate a digital, easier and faster purchasing experience with better value for the consumer. For instance, SCOR recently developed a fully digital health product in China. | 385 | annual_report |
4918 | 1,593 | In conducting its operations, the Company often holds customers’ assets in escrow, pending completion of real estate transactions and, as a result, the Company has ongoing programs for realizing economic benefits, including investment programs, borrowing agreements, and vendor services arrangements with various financial institutions. The effects of these programs are included in the consolidated financial statements as income or a reduction in expense, as appropriate, based on the nature of the arrangement and benefit received. | 75 | 10K |
gb_prudential-AR_2005 | 705 | The Board recommends a full year dividend per share for 2005 of 16.32 pence, an increase of three per cent over the full year 2004 dividend of 15.84 pence. | 29 | annual_report |
nl_ing_grp-AR_2012 | 1,088 | Proxy voting forms for shareholders and voting instruction forms for holders of depositary receipts who do not participate in the Shareholder Communication Channel are made available on the website of ING Group (www.ing.com). The submission of these forms is subject to additional conditions specified on such forms. | 47 | annual_report |
gb_prudential-AR_2006 | 3,114 | Notes on the Group financial statements continued 118 Prudential plc Annual Report 2006 | 13 | annual_report |
SwissLifeHoldingAG-AR_2019 | 1,611 | CASH AND CASH EQUIVALENTS AS AT END OF PERIOD 8 247 8 410 | 13 | annual_report |
4256 | 2,473 | pockets were $39.5 million and $45.4 million, respectively. The underlying assets within these positions are expected to be liquidated by the investees over a period of approximately two to four years. | 31 | 10K |
AvivaPLC-AR_2020 | 1,936 | During the year, the Committee received advice on executive remuneration matters from Deloitte LLP. Deloitte LLP were approved by the Committee and appointed as their advisers in 2012 following a competitive tender process. The Committee regularly reviews and satisfies itself that the advice received from Deloitte LLP is independent and objective. | 51 | annual_report |
NatwestGroupPLC-AR_2011 | 4,255 | Curtailment gains of £78 million were recognised in 2010 arising from changes to pension benefits in a subsidiary’s scheme. | 19 | annual_report |
PhoenixGroupHoldingsPLC-AR_2015 | 3,764 | Unlisted debt has been included at face value: 2015 Face value £m 2014 Face value £m | 16 | annual_report |
2313 | 1,153 | During 2002, as part of the Company's ongoing monitoring of reserves, the Company reclassified $600 of reserves from the all other reserve category, of which $540 was reclassified to asbestos and $60 was reclassified to environmental claim reserves. The increase in reserves categorized as environmental of $60 (as contrasted with the $100 decrease in the fourth quarter of 2001) occurred because the reviews in each of the two periods employed actuarial techniques to analyze distinct and non-overlapping blocks of reserves and associated exposures. Facts and circumstances associated with each block determined the resulting changes in category. A portion of the 2002 reclassification relates to re-estimates of the appropriate allocation among the asbestos, environmental and all other categories of the aggregate reserves (net of reinsurance) carried for certain assumed reinsurance, commuted cessions and commuted retrocessions of whole account business. As part of the 2002 reclassification, The Hartford also revised formulas that it will use to allocate (among the asbestos, environmental and all other categories) future claim payments for which reinsurance arrangements were commuted and to allocate claim payments made to effect commutations. As a result of these revisions, payments categorized as asbestos and environmental exposures will be higher in future periods than in prior periods. | 204 | 10K |
2418 | 966 | We also provide certain health care, life insurance and long-term care benefits for retired employees. Subsidized retiree health benefits are provided for employees hired prior to January 1, 2002. Employees hired after December 31, 2001, will have access to retiree health benefits but will need to pay for the full cost of the coverage. The health care plans are contributory with participants' contributions adjusted annually; the contributions are based on the number of years of service and age at retirement for those hired prior to January 1, 2002. As part of the substantive plan, the retiree health contributions are assumed to be adjusted in the future as claim levels change. The life insurance plans are contributory for a small group of previously grandfathered participants that have elected supplemental coverage and dependent coverage. | 132 | 10K |
5351 | 634 | Loss Ratio. The loss ratio is the ratio of losses and loss adjustment expenses incurred to premiums earned and measures the underwriting profitability of our reinsurance business. The loss ratio increased from 81.8% for the year ended December 31, 2016 to 180% for the year ended December 31, 2017. The increase is due to the multiple limit losses suffered during year ended December 31, 2017, partially offset by a higher denominator in net premiums earned, when compared with the prior fiscal year. | 82 | 10K |
fr_axa-AR_2016 | 783 | Belgium (-45% or €-44 million), partly offset by the United States | 11 | annual_report |
gb_prudential-AR_2010 | 361 | Total spread income, including the expected return on shareholders’ assets, of £817 million increased 31 per cent over the £622 million in 2009, primarily due to decreased crediting rates on fixed annuities and higher income on the growing general account assets. Jackson undertook various interest rate swap transactions during 2010 to more closely match the overall asset and liability duration, benefiting spread income in 2010 by £108 million. | 68 | annual_report |
4856 | 1,354 | Estimated gross profits (“EGPs”) are used in the amortization of the DAC asset, sales inducement assets (“SIA”), and unearned revenue reserves (“URR”). Portions of EGPs are also used in the valuation of reserves for death and other insurance benefit features on variable annuity and other universal life-type contracts. URR associated with the Individual Life business is no longer included in EGP based balances due to the sale of this business in 2013. | 72 | 10K |
LloydsBankingGroupPLC-AR_2016 | 4,585 | Arrears handling related activities Following a review of the Group’s secured and unsecured arrears handling activities, the Group has put in place a number of actions to further improve its handling of customers in these areas. As a result, the Group has provided an additional £261 million in the year ended 31 December 2016 (bringing the total provision to £397 million), for the costs of identifying and rectifying certain arrears management fees and activities. As at 31 December 2016, the unutilised provision was £383 million (31 December 2015: £136 million). | 90 | annual_report |
272 | 476 | Net investment income and realized investment gains (losses) increased 49.5% from $5,468,000 in 1994 to $8,172,000 in 1995. This increase is primarily due to an increase in realized gains (losses) on sales of investments from a loss of $320,000 in 1994 to a gain of $1,928,000 in 1995. This change of $2,248,000 was augmented by slightly higher yields on larger invested balances during 1995. Such higher yields were predominately attributable to investments made prior to the general decline in interest rates during 1995. | 83 | 10K |
AvivaPLC-AR_2013 | 1,952 | Impairment The Group reviews the carrying value of its AFS investments on a regular basis. If the carrying value of an AFS investment is greater than the recoverable amount, the carrying value is reduced through a charge to the income statement in the period of impairment. The following policies are used to determine the level of any impairment, some of which involve considerable judgement: AFS debt securities: An AFS debt security is impaired if there is objective evidence that a loss event has occurred which has impaired the expected cash flows, i.e. where all amounts due according to the contractual terms of the security are not considered collectible. An impairment charge, measured as the difference between the security’s fair value and amortised cost, is recognised when the issuer is known to be either in default or in financial difficulty. Determining when an issuer is in financial difficulty requires the use of judgement, and we consider a number of factors including industry risk factors, financial condition, liquidity position and near-term prospects of the issuer, credit rating declines and a breach of contract. A decline in fair value below amortised cost due to changes in risk-free interest rates does not necessarily represent objective evidence of a loss event. For securities identified as being impaired, the cumulative unrealised loss previously recognised within the investment valuation reserve is transferred to realised losses for the year, with a corresponding movement through other comprehensive income. Any subsequent increase in fair value of these impaired securities is recognised in other comprehensive income and recorded in the investment valuation reserve unless this increase represents a decrease in the impairment loss that can be objectively related to an event occurring after the impairment loss was recognised in the income statement. In such an event, the reversal of the impairment loss is recognised as a gain in the income statement. | 310 | annual_report |
194 | 610 | Combined statutory surplus for Life Partner's insurance subsidiaries at December 31, 1995 and 1994 was $153.6 million and $127.9 million, respectively, and combined statutory net income for the years ended December 31, 1995, 1994 and 1993 was $36.7 million, $15.4 million and $38.5 million, respectively. Combined statutory operating earnings, excluding income tax and interest expense, was $78.1 million, $75.8 million, and $83.5 million for the years ended December 31, 1995, 1994 and 1993, respectively. | 74 | 10K |
CNPAssurancesSA-AR_2009 | 4,644 | ■■ CDC: 40% ■■ La Poste: 20% ■■ CNCEP: 12.5% ■■ French State: 1% | 14 | annual_report |
gb_prudential-AR_2016 | 3,199 | The current tax charge of £1,377 million (2015: £734 million) includes £53 million (2015: £35 million) in respect of the tax charge for the Hong Kong operation. The Hong Kong current tax charge is calculated as 16.5 per cent for all periods on either (i) 5 per cent of the net insurance premium or (ii) the estimated assessable profits, depending on the nature of the business written. | 67 | annual_report |
4871 | 2,445 | Management’s determination of the fair value of each reporting unit incorporates multiple inputs into discounted cash flow calculations including assumptions that market participants would make in valuing the reporting unit. Assumptions include levels of economic capital, future business growth, earnings projections, assets under management for Mutual Funds, and the weighted average cost of capital used for purposes of discounting. Decreases in the amount of legal entity capital held or economic capital allocated to a reporting unit, decreases in business growth, decreases in earnings projections and increases in the weighted average cost of capital will all cause a reporting unit’s fair value to decrease. | 103 | 10K |
NatwestGroupPLC-AR_2004 | 997 | Weighted risk assets 49.7 42.9 38.8 * prior periods have been restated to reflect the transfer in 2004 of certain activities from Wealth Management. | 24 | annual_report |
gb_prudential-AR_2007 | 1,770 | A4: Significant accounting policies continued Goodwill Goodwill arising on acquisitions of subsidiaries and businesses is capitalised and carried on the Group balance sheet as an intangible asset at initial value less any accumulated impairment losses. Goodwill impairment testing is conducted annually and when there is an indication of impairment. For the purposes of impairment testing, goodwill is allocated to cash generating units. These cash generating units reflect the smallest group of assets that includes the goodwill and generates cash flows that are largely independent of the cash inflows from other groups of assets. If the carrying amount of the cash generating unit exceeds its recoverable amount then the goodwill is considered impaired. Impairment losses are recognised immediately in the income statement and may not be reversed in future periods. | 129 | annual_report |
TrygAS-AR_2020 | 105 | Recommended cash offer for RSA Insurance Group plc On 18 November, Tryg made a cash offer together with the Canadian insurer Intact to acquire RSA according to which Tryg would take over the Swedish and Norwegian businesses and co-own RSA’s Danish business on a 50/50 economic basis. Following the acquisition, Tryg will be the largest non-life insurance company in Scandinavia with a much more balanced portfolio across Denmark, Sweden and Norway. At the EGM on 18 December 2020, the Supervisory Board was authorised to increase the company’s share capital to finance the bid of approximately DKK 35bn. | 97 | annual_report |
4016 | 1,143 | The following table summarizes the location and amount of gains and losses of fair value hedges and related hedge item reported in the Consolidated Statement of Operations for 2009: | 29 | 10K |
2637 | 1,244 | We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of American Independence Corp. and subsidiaries as of December 31, 2004 and 2003, and the related consolidated statements of operations, stockholders' equity and cash flows for the years ended December 31, 2004 and 2003, the three-months ended December 31, 2002 and for the year ended September 30, 2002, and our report dated March 15, 2005 expressed an unqualified opinion on those consolidated financial statements. As discussed in Notes 2 and 13 to the consolidated financial statements, the Company adopted certain provisions of Statement of Financial Accounting Standards No. 123, "Accounting for Stock-Based Compensation," in the three months ended December 31, 2002. | 123 | 10K |
AegonNV-AR_2004 | 2,529 | Gross premiums, including recurring and single premiums, from all types of life insurance, both general account and with investments for account of policyholders, incoming life reinsurance and non-life insurance are recognized as revenues when they become receivable. Premiums to reinsurers have not been deducted. Not reflected as premium revenues are deposits from certain products that are sold in the United States and Canada such as deferred annuities, immediate annuities without life contingency and GICs and funding agreements. For these products the surrender charges and charges assessed have been included in gross premium life insurance. | 94 | annual_report |
NatwestGroupPLC-AR_2012 | 2,849 | Impaired and past due assets, net of impairment provisions, comprise 37% of Non-Core balances. Continued weakness in commercial real estate market overall and difficult conditions in Ireland are significant contributors to this. | 32 | annual_report |
RSAInsuranceGroupPLC-AR_2018 | 2,867 | Loans and receivables Loans, reinsurance deposits, other deposits and fi nancial assets arising from non-investment activities, and loans made for investment purposes | 22 | annual_report |
nl_ing_grp-AR_2018 | 843 | risk exposure. ING aims to further increase the efficiency and effectiveness of our IT infrastructure and the reliability and continuity of IT processing. | 23 | annual_report |
2854 | 326 | /s/ Burr, Pilger & Mayer, LLP San Francisco, California March 3, 2006 | 12 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013 | 2,306 | Change in unearned premiums – Gross 17 7 –1 3 57 40 | 12 | annual_report |
HannoverRueckSE-AR_2017 | 1,321 | The amount and structure of the remuneration of the Executive Board are geared to the size and activities of the company, its economic and financial position, its success and future prospects as well as the customariness of the remuneration, making reference to the benchmark environment (horizontal) and the remuneration structure otherwise applicable at the company (vertical). The remuneration is also guided by the tasks of the specific member of the Executive Board, his or her individual performance and the performance of the full Executive Board. | 85 | annual_report |
de_allianz-AR_2008 | 3,686 | Group’s life insurance operations in the United States issue a significant amount of equity indexed deferred annuities. | 17 | annual_report |
4190 | 805 | § Account for the transfer as a sale only if an entity transfers an entire financial asset and surrenders control, unless the transfer meets the conditions for a participating interest; and | 31 | 10K |
4121 | 3,725 | Asbestos reserves reestimates in 2009 were $8 million favorable. Reserve additions for asbestos in 2008 and 2007, totaling $8 million and $17 million, respectively, were primarily for products-related coverage. For 2008 and 2007, they were essentially a result of a continuing level of increased claim activity being reported by excess and primary insurance policyholders with existing active claims, excess policyholders with new claims, and reestimates of liabilities for increased assumed reinsurance cessions, as ceding companies (other insurance carriers) also experienced increased claim activity. Higher claim activity over prior estimates has also resulted in an increased estimate for future claims reported. These trends are consistent with the trends of other carriers in the industry, which we believe are related to increased publicity and awareness of coverage, ongoing litigation and bankruptcy actions. The 2007 asbestos reserve addition also includes the write-off of uncollectible reinsurance for a single foreign reinsurer. | 147 | 10K |
CNPAssurancesSA-AR_2010 | 374 | Other products provide an income for the family in the case of death or disability (Avisys Protection Famille) or coverage of funeral costs or long-term care costs. | 27 | annual_report |
LloydsBankingGroupPLC-AR_2010 | 662 | As previously guided, over the next couple of years the Group expects its public capital and senior funding issuance to be £20 billion to £25 billion per annum. We made excellent progress in 2010 on our term funding issuance plans, achieving £30 billion of publicly placed term issuance in the year. In addition, the Group issued a further £20 billion of term funding during the year via a series of privately placed funding transactions, a level which we do not expect to repeat in 2011. The Group continues to benefit from a diversity of funding sources. For example, during the year, we established a new funding programme in the US with our SEC Registered Shelf, issued inaugural Japanese Yen Samurai, Swiss Franc and Canadian Dollar bonds, and publicly launched the Lloyds TSB Bank plc Covered Bond Programme. We continue to look for opportunities to diversify our funding sources. | 148 | annual_report |
3011 | 4,994 | At the holding company level, our primary sources of liquidity are dividends and net tax payments received from subsidiaries and capital raising activities. We utilize cash to pay debt obligations, including interest costs, taxes to the federal government, corporate expenses and dividends to shareholders. At December 31, 2006, we had $18.2 million of cash and short-term investments at the holding company and its non-regulated subsidiaries, which we believe combined with our other capital sources, will continue to provide us with sufficient funds to meet our foreseeable ongoing expenses and interest payments. | 91 | 10K |
SwissReAG-AR_2004 | 2,026 | Changes since 31 December 2004 Jacques Aigrain was appointed Deputy Chief Executive Officer from 1 January 2005. | 17 | annual_report |
4167 | 2,057 | The following table presents the estimated benefits expected to be paid by the Company's pension and postretirement benefit plans for the next ten years (reflecting estimated future employee service), as well as the amounts of other postretirement benefits the Company expects to receive under the Medicare Part D drug subsidy over that time period: | 54 | 10K |
AvivaPLC-AR_2011 | 2,286 | Shareholder information continued that may be raised through the issuance of debt and commercial paper. Certain subsidiaries have regulatory restrictions that may limit the payment of dividends, which in some circumstances could limit our ability to pay dividends to shareholders. In the current economic environment, such restrictions could become more stringent. | 51 | annual_report |
ScorSE-AR_2014 | 1,206 | Number of shares granted during the period Date of plan Conditions of acquisition | 13 | annual_report |
3034 | 982 | The Registrant provides certain centralized medical and administrative services to its subsidiaries pursuant to administrative services agreements, including medical affairs and quality management, health education, credentialing, management, financial, legal, information systems and human resources services. Fees are based on the fair market value of services rendered and are recorded as operating revenue. Payment is subordinated to the subsidiaries’ ability to comply with minimum capital and other restrictive financial requirements of the states in which they operate. Charges in 2006, 2005, and 2004 for these services totaled $120,036, $81,694 and $52,039, respectively, which are included in operating revenue. | 97 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2017 | 573 | On the one hand, the often complex economic realities should be reflected as closely as possible in order to emphasise added value as the Group’s overriding guiding principle, on the other hand target figures should be simple and easy to understand for investors, staff, and the public. | 47 | annual_report |
nl_ing_grp-AR_2017 | 5,302 | Market risk in trading books Within the trading portfolios, positions are maintained in the professional financial markets. These positions are often a result of transactions with clients and may serve to benefit from short-term price movements. In 2017, ING continued its strategy of undertaking trading activities to develop its client-driven franchise and deliver a differentiating experience by offering multiple market and trading products efficiently and effectively. | 66 | annual_report |
3821 | 1,451 | The translated values of revenue and expense from MMC’s international Risk and Insurance Services and Consulting operations are subject to fluctuations due to changes in currency exchange rates. The non-U.S. based revenue that is exposed to foreign exchange fluctuations is approximately 54% of total revenue. Note 17 details revenue by geographic area. We periodically use forward contracts and options to limit foreign currency exchange rate exposure on net income and cash flows for specific, clearly defined transactions arising in the ordinary course of business. | 84 | 10K |
SwissReAG-AR_2003 | 1,667 | Life insurance Life insurance, sometimes referred to as life assurance, provides for a payment of a sum of money upon the death of the insured. In addition, life insurance can be used as a means of investment or saving. | 39 | annual_report |
5449 | 1,199 | Private equity funds: Private equity funds, excluding a private equity fund measured at net asset value ("NAV"), are valued based on underlying investments of the fund or assets similar to such investments in active markets, taking into consideration specific unadjusted broker quotes based on net fund value and unobservable inputs from at least one knowledgeable outside security broker related to liquidity assumptions. | 62 | 10K |
4098 | 1,496 | The improvement in the financial markets was the primary driver of the $144 million increase in operating earnings, with the largest impact resulting in a decrease in DAC, VOBA and DSI amortization of $655 million. The 2008 results reflected increased, or accelerated, amortization primarily stemming from a decline in the market value of our separate account balances. A factor that determines the amount of amortization is expected future earnings, which in the annuity business are derived, in part, from fees earned on separate account balances. The market value of our separate account balances declined significantly in 2008, resulting in a decrease in the expected future gross profits, triggering an acceleration of amortization in 2008. Beginning in the second quarter of 2009, the market conditions began to improve and the market value of our separate account balances began to increase, resulting in an increase in the expected future gross profits and a corresponding lower level of amortization in 2009. | 158 | 10K |
GjensidigeForsikringASA-AR_2010 | 1,469 | 1 Fair Forsikring has sold the portfolio and inventory to the danish branch of gjensidige Forsikring. | 16 | annual_report |
5174 | 1,097 | Effective June 22, 2012, Group, Bermuda Re and Everest International entered into a four year, $800.0 million senior credit facility with a syndicate of lenders, which amended and restated in its entirety the July 27, 2007, five year, $850.0 million senior credit facility. Both the June 22, 2012 and July 27, 2007 senior credit facilities, which have similar terms, are referred to as the "Group Credit Facility". Wells Fargo Corporation ("Wells Fargo Bank") is the administrative agent for the Group Credit Facility, which consists of two tranches. Tranche one provides up to $200.0 million of unsecured revolving credit for liquidity and general corporate purposes, and for the issuance of unsecured standby letters of credit. The interest on the revolving loans shall, at the Company's option, be either (1) the Base Rate (as defined below) or (2) an adjusted London Interbank Offered Rate ("LIBOR") plus a margin. The Base Rate is the higher of (a) the prime commercial lending rate established by Wells Fargo Bank, (b) the Federal Funds Rate plus 0.5% per annum or (c) the one month LIBOR Rate plus 1.0% per annum. The amount of margin and the fees payable for the Group Credit Facility depends on Group's senior unsecured debt rating. Tranche two exclusively provides up to $600.0 million for the issuance of standby letters of credit on a collateralized basis. | 224 | 10K |
3065 | 1,338 | The Company expects to contribute $0.9 million to the Excess Plans during the year ended December 31, 2007, which represents the amount necessary to fund the 2007 expected benefit payments. | 30 | 10K |
3648 | 2,541 | Effective January 1, 2008, the Company adopted FASB Staff Position (“FSP”) No. FAS 157-1, Application of FASB Statement No. 157 to FASB Statement No. 13 and Other Accounting Pronouncements That Address Fair Value Measurements for Purposes of Lease Classification or Measurement under Statement 13 (“FSP 157-1”). FSP 157-1 amends SFAS 157 to provide a scope out exception for lease classification and measurement under SFAS No. 13, Accounting for Leases. The Company also adopted FSP No. FAS 157-2, Effective Date of FASB Statement No. 157 which delays the effective date of SFAS 157 for certain nonfinancial assets and liabilities that are recorded at fair value on a nonrecurring basis. The effective date is delayed until January 1, 2009 and impacts balance sheet items including nonfinancial assets and liabilities in a business combination and the impairment testing of goodwill and long-lived assets. | 140 | 10K |
4068 | 2,190 | Management is currently pursuing a going private transaction in order to realize significant cost savings resulting from the termination of our current reporting obligations under the Securities Exchange Act of 1934, as amended, which will be achieved by reducing the total number of record holders of Regan Common Stock to below 300. | 52 | 10K |
4917 | 7,132 | Derivative financial instruments include interest rate swaps, credit default swaps, futures (interest rate and equity), options (including swaptions), interest rate caps, warrants and rights, foreign currency swaps, foreign currency forwards, certain investment risk transfer reinsurance agreements, and certain bond forward purchase commitments. Derivatives required to be separated from the host instrument and accounted for as derivative financial instruments ("subject to bifurcation") are embedded in certain fixed income securities, equity-indexed life and annuity contracts, reinsured variable annuity contracts and certain funding agreements. | 81 | 10K |
PosteItalianeSpA-AR_2017 | 405 | In terms of distribution channel, as regards policies sold by Italian and overseas insurers, agents continued to lead the way with a market share of 76.8%, slightly down on the figure for previous years (77.5% in the third quarter of 2016). Brokers represent the second most popular channel for non-life products, with a market share of 8.1%. Banks and post offices also recorded growth in their market share to 6.7% (5.7% in the third quarter of 2016). | 77 | annual_report |
5258 | 2,247 | Romero II: A putative nationwide class action was also filed in 2001 by former employee agents alleging various violations of ERISA (“Romero II”). This action has been consolidated with Romero I. The Romero II plaintiffs, most of whom are also plaintiffs in Romero I, are challenging certain amendments to the Agents Pension Plan and seek to have service as exclusive agent independent contractors count toward eligibility for benefits under the Agents Pension Plan. Plaintiffs seek broad but unspecified “make whole” or other equitable relief, including loss of benefits as a result of their conversion to exclusive agent independent contractor status or retirement from the Company between November 1, 1999 and December 31, 2000. They also seek repeal of the challenged amendments to the Agents Pension Plan with all attendant benefits revised and recalculated for thousands of former employee agents, and attorneys’ fees and costs. The court granted the Company’s initial motion to dismiss the complaint. The Third Circuit Court of Appeals reversed that dismissal and remanded for further proceedings. | 169 | 10K |
5857 | 823 | (2) Excluded from the computation of net income per share-diluted for the years ended June 30, 2020 because the effect would have been anti-dilutive. | 24 | 10K |
2010 | 5,007 | Our health plans segment contributed $12.9 million or 17.9% of consolidated EBITDA for fiscal 2002 compared to $2.4 million or 4.7% of consolidated EBITDA for fiscal 2001. The significant increase in EBITDA is primarily due to a full year of operations for Phoenix Health Plan in fiscal 2002 as compared to only two months in fiscal 2001. During fiscal 2002, membership in Phoenix Health Plan increased from 49,500 members to 68,500 members primarily due to the enactment of Proposition 204 which broadened eligibility for Medicaid coverage. | 86 | 10K |
INGGroepNV-AR_2010 | 316 | CONCLUSIONS AND AMBITIONS Throughout 2010, HR played a significant role in managing the complex operational unbundling of the Bank and Insurance/IM organisations with diligence and care for all employees involved. ING realises that the organisational changes can only be achieved with fully engaged employees, who are instrumental to the company’s success. Becoming a Top Employer is one of ING Bank’s ambitions for the coming years. Building the new Bank is about aligning our financial and business strategies with culture. | 79 | annual_report |
2288 | 3,436 | The provision for income taxes differs from the statutory corporate tax rate of 35% for 2003, 2002 and 2001 as follows: | 21 | 10K |
NatixisSA-AR_2011 | 5,385 | 5FINANCIAL DATA Consolidated fi nancial statements and notes 7.9 Gains or losses on other assets | 15 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2006 | 2,133 | Other receivables 776 1,854 *Adjusted owing to first-time application of IAS 19 (rev. 2004). | 14 | annual_report |
TopdanmarkAS-AR_2019 | 285 | 2020 23 Jan 02/2020 Topdanmark announcement of 2019 Annual Results 02 Jan 01/2020 Issue of options 2019 24 Oct 13/2019 Topdanmark interim report for Q1-Q3 2019 16 Sep 12/2019 Employee shares 16 Aug 11/2019 Topdanmark enters into cooperation agreement with Nordea 18 Jul 10/2019 Topdanmark half-year report for 2019 25 Apr 09/2019 Topdanmark interim report for Q1 2019 03 Apr 08/2019 Annual General Meeting of Topdanmark – 3 April 2019 02 Apr 07/2019 The change in the method for calculation of the volatility adjustment affects Topdanmark’s investment return negatively 22 Mar 06/2019 Employee Election to the Board of Directors of Topdanmark 07 Mar 05/2019 Notice convening the Annual General Meeting on 3 April 2019 21 Feb 04/2019 Topdanmark Annual Report 2018 07 Feb 03/2019 CORRECTION - Proposal for Election of Members for the Board of Directors in Topdanmark 07 Feb 03/2019 Proposal for Election of Members for the Board of Directors in Topdanmark 24 Jan 02/2019 Topdanmark announcement of 2018 Annual Results 02 Jan 01/2019 Issue of options | 168 | annual_report |
ASRNederlandNV-AR_2016 | 3,655 | As second line of defense, Compliance encourages the organization to comply with relevant rules and regulations, ethical standards and the internal standards derived from them (‘rules’) by providing advice and devising policy. Compliance supports the first line in the identification of compliance risks and assess the effectiveness of risk management on which Compliance reports to the relevant risk committees. In doing so, Compliance uses a compliance risk and monitoring framework. In line with risk management, Compliance also creates further awareness in order to promote a culture of integrity. Compliance coordinates contacts with regulators in order to maintain an effective relationship and keeps oversight of the current topics. | 107 | annual_report |
GjensidigeForsikringASA-AR_2017 | 656 | The committee shall prepare matters for the Board. It is primarily responsible for: • Drafting proposals for and following up compliance with the Group’s guidelines and framework for remuneration | 29 | annual_report |
SwissLifeHoldingAG-AR_2016 | 2,426 | At 31 December 2016, if morbidity had been 5% lower, the embedded value would have been CHF 45 million higher (2015: CHF 40 million higher). | 25 | annual_report |
NatixisSA-AR_2017 | 8,364 | Income after tax, but before depreciation, amortization and provisions 0.66 0.29 0.32 0.45 0.42 | 14 | annual_report |
SwissLifeHoldingAG-AR_2007 | 2,706 | DEPFA Holding Verwaltungsgesellschaft mbH, Düsseldorf – 20.4% 20.4% equity EUR 539 | 11 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2016 | 3,167 | Member of the Management Board of PZU since 14 October 2016 Member of the Management Board of PZU Życie since 19 October 2016 | 23 | annual_report |
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