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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 c...
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 underw...
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 m...
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 recog...
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 ca...
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 negoti...
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 f...
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 a...
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 Americ...
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 peri...
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 curren...
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 i...
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 financi...
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 ...
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 contr...
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...
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 t...
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 transaction...
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. ...
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 Decembe...
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 augm...
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 t...
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 statut...
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 ass...
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, a...
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...
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...
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 ...
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 r...
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 remuneratio...
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 rep...
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 Gro...
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 3...
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 s...
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, su...
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 ...
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 d...
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 de...
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 unobser...
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 t...
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 senio...
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-...
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...
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 for...
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...
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 Pen...
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 mont...
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 in...
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 Ap...
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 e...
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