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gb_prudential-AR_2005

H11: Shareholders’ equity: share capital, share premium and reserves The authorised share capital of the Company is £170 million (divided into 3,000,000,000 ordinary shares of 5 pence each and 2,000,000,000 sterling preference shares of 1 pence each) and US$20 million (divided into 2,000,000,000 US dollar preference shares of 1 cent each)

annual_report

AdmiralGroupPLC-AR_2004

• income from products and services we do not underwrite totalled £69.5m up from £50.8m (+37%)

annual_report

SwissReCorporateSolutions-AR_2017

Compania Aseguradora de Fianzas S.A. Confianza Colombia Bogotá 51% 51% Swiss Re Corporate Solutions Advisors South Africa (Pty) Ltd South Africa Johannesburg 100% 100% Swiss Re Corporate Solutions Investment Holding Company Ltd Switzerland Zurich 100% 100% Swiss Re Corporate Solutions Services Ltd United Kingdom London 100% 100% Swiss Re Serviços de Consultoria em Seguros e Resseguros Ltda Brazil São Paulo 100% 100%

annual_report

TrygAS-AR_2019

Comprises the sale of insurance products to private and commercial customers under the ‘Obos’ brand.

annual_report

4281

The components of the liability for loss and LAE expenses and related reinsurance recoverables for the years ended December 31, 2010 and 2009 are as follows:

10K

StorebrandASA-AR_2016

New accounting standards that have a significant impact on the consolidated financial statements have not been implemented in 2016. For changes in estimates, see Note 2 for further information.

annual_report

AegonNV-AR_2000

and totaled EUR 44 million (1999: EUR 40 million). The insurance operations in Hungary continued their earnings growth as new premium production surged in excess of the overall market growth rate and persistency improved, reflecting the improvement in sales quality and customer service, strong cost control, a successful annuity redemption campaign and favorable claim experiences.

annual_report

MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2013

Premium volume in reinsurance amounted to €4.6bn (4.7bn), including premium income from large-volume treaties providing capital relief for our clients in North America. They are written by our Canadian subsidiary, Munich Re, Toronto (Life). The decrease in premium was due to negative currency translation effects. In primary insurance, there was a fall in premiums of 4.4%, particularly with respect to the US

annual_report

NatixisSA-AR_2003

Similarly, our assistance for the disabled is designed to help them enter professional life, while our action to protect marine and aquatic life will aim to ensure that endangered species survive to be appreciated by future generations.

annual_report

AegonNV-AR_2014

Total amortized cost Total fair value 1 For 2013, the credit classification is restated for the change in rating methodology.

annual_report

RSAInsuranceGroupPLC-AR_2015

Consolidated statement of cashflows for the year ended 31 December 2015

annual_report

3878

In January 2009, the FASB issued FSP EITF 99-20-1, “Amendments to the Impairment Guidance of EITF Issue No. 99-20” (FSP EITF 99-20-1). FSP EITF 99-20-1 amends the impairment guidance in EITF Issue No. 99-20, “Recognition of Interest Income and Impairment on Purchased Beneficial Interests and Beneficial Interests That Continue to Be Held by a Transferor in Securitized Financial Assets,” to achieve more consistent determination of whether an other-than-temporary impairment has occurred. The FSP also retains and emphasizes the objective of an other-than-temporary impairment assessment and the related disclosure requirements in FASB Statement No. 115, “Accounting for Certain Investments in Debt and Equity Securities” and other related guidance. AIG adopted this guidance in the fourth quarter of 2008. The effects of adopting FSP EITF 99-20-1 on AIG’s consolidated financial condition and results of operations were not material.

10K

ScorSE-AR_2008

On 14 September 2007, the Court issued an opinion rejecting certain additional arguments raised by Converium and the offi cer defendants in their motion to dismiss with regard to Lead Plaintiffs’ Exchange Act claims that it had not ruled on in its initial decision or its reconsideration decision.

annual_report

4225

(a) Presented by lines of business pursuant to statutory reporting requirements as prescribed by the National Association of Insurance Commissioners.

10K

AegonNV-AR_2016

Prior to that, he held a number of technology leadership positions in financial services and the aerospace industry. At Aegon, as

annual_report

4777

In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Willis Group Holdings Public Limited Company and subsidiaries as of December 31, 2013 and 2012, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2013, in conformity with accounting principles generally accepted in the United States of America.

10K

3667

We believe the fair values of these securities reflect declines due to the market disruptions and are below the true economic value. The unrealized losses should reverse over the remaining lives of the securities should no further deterioration of collateral relative to our position in the securities’ capital structures be experienced.

10K

HannoverRueckSE-AR_2008

shareholders' equity totalled EUR 101.7 million, compared to hidden losses of EUR 103.4 million in the previous year. The quality of the bonds – measured in terms of rating categories – was maintained on a consistently high level. The proportion of securities rated "A" or better – at 92.9% – was slightly higher than in the previous

annual_report

ASRNederlandNV-AR_2009

The overview in the sense of Sections 379 and 414, book 2 of the Netherlands Civil Code has been filed with the trade register of the Chamber of Commerce in Utrecht.

annual_report

5919

FNIC's reinsurance programs also include quota-share treaties. One such treaty for 30% became effective July 1, 2014, and another for 10% became effective on July 1, 2015 with each running for two years. The combined treaties provided up to a 40% quota-share reinsurance on covered losses for the homeowners’ property and liability insurance program in Florida. The treaties are accounted for as retrospectively rated contracts whereby the estimated ultimate premium or commission is recognized over the period of the contracts.

10K

fr_axa-AR_2003

– Unit linked premiums now account for 72% in 2003 compared to 51% in 2002 as a consequence of a 27% yearly sales increase reflecting the focus on cautious investment products.

annual_report

SwissReAG-AR_2007

Solvency II is a regulatory project for enhanced insurance solvency rules in the EU The new regulation is expected to have a significant impact on the industry by redefining capital requirements and risk management practices

annual_report

AegonNV-AR_2009

Shareholders may use the services of this foundation to vote by proxy. AEGON also solicits proxies from New York registry shareholders in line with common practice in the United States.

annual_report

AegonNV-AR_2007

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF AEGON GROUP NOTE 25 - 26

annual_report

3704

In the event a property and casualty insurer operating in a jurisdiction where the Company’s insurance subsidiaries also operate becomes or is declared insolvent, state insurance regulations provide for the assessment of other insurers to fund any capital deficiency of the insolvent insurer. Generally, this assessment is based upon the ratio of an insurer’s voluntary premiums written to the total premiums written for all insurers in that particular jurisdiction. As of December 31, 2008 and 2007, the Company had recorded liabilities of $7.7 million and $6.7 million for these assessments, which are included in accounts payable, accrued expenses and other liabilities on the balance sheet.

10K

TrygAS-AR_2018

Alka is very strong on customer satisfaction with a score of 80.2 in the annual customer satisfaction survey. A company with a score above 75 holds a very strong position amongst its customers according to EPSI*.

annual_report

de_allianz-AR_2006

We plan to upgrade customer service capabilities, introduce new products and services, and leverage crossselling through strengthened distributionmanagement.

annual_report

4984

At December 31, 1992, UG (formerly American Capitol) entered into a reinsurance agreement with Canada Life Assurance Company ("the Canada Life agreement") that fully reinsured virtually all of its traditional life insurance policies. The reinsurer's obligations under the Canada Life agreement were secured by assets withheld by UG representing policy loans and deferred and uncollected premiums related to the reinsured policies. UG continues to administer the reinsured policies. At December 31, 2013, the Canada Life agreement had insurance in-force of approximately $6,815,000, with no reserve credit being taken on that amount. The Canada Life agreement was fully repaid in August 2012. With the reinsurance recaptured by the Company, a 15% profit share will continue to be paid to the reinsurer going forward relative to the block of business. Effective July 1, 2014, the Company acquired the 15% profit share on this block of business from Canada Life for $300,000. This payment effectively settled any future obligations of the Company to the reinsurer under this agreement.

10K

SwissReAG-AR_2016

FINANCIAL STATEMENTS Notes to the Group financial statements 8 Fair value disclosures

annual_report

4997

Fair values for partnership and non-marketable equity investments are initially valued at the transaction price. Subsequently, fair value is based on the performance of the portfolio of investments or results of operations of the investee, as derived from their financial statements. Significant improvements or disruptions in the financial markets may result in directionally similar or opposite changes to the portfolio of the investee, depending on how management of the investee

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TrygAS-AR_2016

Underwriting risk Underwriting risk is the risk that insurance premiums will not be sufficient to cover the compensations and other costs associated with the insurance business. Underwriting risk is managed primarily through the company’s insurance policy defined by the Supervisory Board, and administered through business procedures, underwriting guidelines etc. Underwriting risk is assessed in Tryg’s capital model, determining the capital impact from insurance products. Reinsurance is used to reduce the underwriting risk in situations where this can not be achieved to a sufficient degree via ordinary diversification. In case of major events involving damage to buildings and contents, Tryg’s reinsurance programme provides protection for up to DKK 5.75bn, which statistically is sufficient to cover at least a 250-year event. Retention for such events is DKK 150m. In the event of a frequency of natural disasters, Tryg is covered for up to DKK 600m for, after total annual retention of DKK 300m. Tryg has also taken out reinsurance for the risk of large claims occurring in sectors with very large sums insured. Tryg’s largest individual building and contents risks are covered by up to DKK 2bn. Retention for large claims is DKK 100m, gradually dropping to DKK 25m. Single risks exceeding DKK 2bn are covered individually.

annual_report

4518

(iii) Deposits into the Trust of additional shares of Common Stock purchased through the Purchase and Sale Program are recorded at acquisition cost and classified as Trust Interests issued;

10K

BaloiseHoldingLtd-AR_2004

Martin Strobel (born 1966, G, Dr. rer. pol.) studied computer science, business management and business systems at the Universities of Kaiserslautern, Windsor

annual_report

3877

We prepared the following financial data, other than statutory data, in conformity with accounting principles generally accepted in the United States of America (“GAAP”). We derived the statutory data from the Annual Statements of our Life Companies filed with state insurance regulatory authorities and prepared it in accordance with statutory accounting practices prescribed or permitted by state insurance regulators, which vary in certain material respects from GAAP.

10K

3679

As of December 31, 2008, the fair value of our commercial mortgage-backed securities by vintage and fair value level were as follows:

10K

5468

Given the inherent unpredictability of these matters, it is possible that an adverse outcome in certain matters could, from time to time, have an adverse effect on our operating results and/or cash flows. For a description of our legal proceedings, see Note 23, Contingencies, of the Notes to Consolidated Financial Statements, included in Item 8, Financial Statements and Supplementary Data, of this Annual Report on Form 10-K.

10K

4830

The fair value of a portfolio of life insurance policies is based on information available to the Company at the reporting date. Fair value is based upon a discounted cash flow model that incorporates life expectancy estimate assumptions. Life expectancy estimates are obtained from independent, third-party widely accepted life expectancy estimate providers at policy acquisition. The life expectancy values of each insured, as determined at policy acquisition, are rolled down monthly for the passage of time by the MAPS actuarial software the Company uses for ongoing valuation of its portfolio of life insurance policies. The discount rate incorporates current information about discount rates applied by other reporting companies owning portfolios of life insurance policies, discount rates observed in the life insurance secondary market, market interest rates, the credit exposure to the insurance company that issued the life insurance policy and management’s estimate of the risk premium a purchaser would require to receive the future cash flows derived from our portfolio of life insurance policies.

10K

AdmiralGroupPLC-AR_2018

Impact of increase in assumed Ogden discount rate of 50 basis points (to 0.5%) (2017: 0% compared to minus 0.75%) 76.2 85.6

annual_report

fr_axa-AR_2009

Products that involve hedging programs using derivative instruments are designed with the help of dedicated teams at AXA Bank Europe, AXA IM and AllianceBernstein. This organization means that all entities benefi t from the best possible expertise and a high level of legal and operational security in these transactions, which are sometimes complex.

annual_report

4751

After our insurance claim reserves are established, we will perform a premium deficiency calculation each fiscal quarter using best estimate assumptions as of the testing date. Per ASC 944, a premium deficiency reserve shall be recognized if the sum of expected claim costs and claim adjustment expenses, expected dividends to policyholders, unamortized acquisition costs, and maintenance costs exceeds related unearned premiums. Because we have not established any reserves, as discussed above, we have also determined that no premium deficiency reserves were necessary for the years ended December 31, 2013, 2012 or 2011.

10K

ch_zurich_insurance_group-AR_2013

17. Remuneration of the Board of Directors and the Group Executive Committee This note sets out details of the remuneration of the Board and of the members of the Group Executive Committee (GEC) in accordance with the information required by articles 663bbis and 663c paragraph 3 of the Swiss Code of Obligations. This information should be read in connection with the unaudited Remuneration report, set out on pages 70 to 99 in which additional details of the remuneration principles and architecture can be found.

annual_report

StorebrandASA-AR_2008

Sufficiency test: SPP is required by IFRS 4 to carry out a sufficiency test to ensure that the company has sufficient margins in the various constituent elements that make up the company’s reserves. IFRS permits two alternative methods for the sufficiency test. Where a company has an established form of analysis that demonstrate the margins in the various constituent elements, Section 16 of the standard allows this analysis to continue to be used to demonstrate that the test is satisfied. Where a company has not established such analysis, it is required to discount future cash flows to present value in accordance with IAS37.

annual_report

fr_axa-AR_2014

States’ discussions over the issue of natural disaster and risk prevention for the Sendai World Conference on disaster risk reduction.

annual_report

de_allianz-AR_2008

Corporate segment was also due to the market developmodel provides management with information regarding the cash flow profiles of the segments’ liabilities, which allows for active monitoring and management of our assets and liabilities. While the potential payments related to our liabilities in the Property-Casualty segment are typically shorter in maturity than the financial assets backing them, the opposite usually holds true for our Life/Health segment, which provides us with a natural hedge at the Allianz Group level.

annual_report

5370

We offer excess-of-loss and quota-share reinsurance coverages on property and casualty risks and life and health reinsurance to insurers and reinsurers worldwide through several legal entities, led by National Indemnity Company (“NICO Group”), Berkshire Hathaway Life Insurance Company of Nebraska (“BHLN Group”), and General Reinsurance Corporation, General Reinsurance AG and General Re Life Corporation (collectively, “General Re Group”). We also periodically assume property and casualty risks under retroactive reinsurance contracts written through NICO. In addition, the BHLN Group writes periodic payment annuity contracts.

10K

gb_prudential-AR_2010

Available-for-sale securities: Unrealised valuation movements on securities of US insurance operations classified as available-for-sale: D3(a) Unrealised holding gains arising during the year 1,170 2,249 Add back net losses included in the income statement on disposal and impairment 51 420

annual_report

StandardLifeAberdeenPLC-AR_2010

Therefore, at a Group level an elimination adjustment is required to remove any duplication, in addition to other necessary consolidation adjustments.

annual_report

NatwestGroupPLC-AR_2009

In particular, this document includes forward-looking statements relating, but not limited to: the Group’s restructuring plans, capitalisation, portfolios, capital ratios, liquidity, risk weighted assets, return on equity, cost:income ratios, leverage and loan:deposit ratios, funding and risk profile; the Group’s future financial performance; the level and extent of future impairments and write-downs; the protection provided by the APS; and to the Group’s potential exposures to various types of market risks, such as interest rate risk, foreign exchange rate risk and commodity and equity price risk. Such statements are subject to risks and uncertainties. For example, certain of the market risk disclosures are dependent on choices about key model characteristics and assumptions and are subject to various limitations. By their nature, certain of the market risk disclosures are only estimates and, as a result, actual future gains and losses could differ materially from those that have been estimated.

annual_report

fr_axa-AR_2005

At December 31, 2005 and based on notional amounts, (i) more than 52% of the derivative instruments used for hedging purposes consisted of swap contracts (55% at December 31, 2004), (ii) almost 33% were option products (mainly caps, floors and collars) (30% at December 31, 2004), (iii) around 10% of derivative instruments used for hedging purposes consisted of futures / forwards (principally other than foreign currency instruments) versus 14% at the end of 2004 and (iv) just under 5% corresponded to credit derivatives, compared to 1% at December 31, 2004. Credit derivatives are alternative option to investing in fixed maturities issued by private sector companies.

annual_report

gb_prudential-AR_2008

Deferred 2007 annual incentive awardnote 1 2008 73,576 2,185 75,7611,7 31 Dec 10

annual_report

5520

The average aggregate account value for individual annuity contracts in force increased in 2018 and 2017, compared to the prior periods, due to continued sales, advances on our funding agreements with the Federal Home Loan Bank of Des Moines (FHLB) and the crediting of interest. Continued growth in our business in force contributes to the increase in revenues, benefits and expenses. Premiums collected increased in 2018 compared to 2017 due to increased sales of our indexed annuity products, partially offset by decreased sales of our fixed rate deferred annuity products. Premiums collected decreased in 2017 compared to 2016 due to decreased sales of our fixed rate deferred and indexed annuity products. Individual fixed rate deferred annuity collected premiums were $139.0 million in 2018, $167.7 million in 2017 and $213.3 million in 2016. Indexed annuity collected premiums were $137.6 million in 2018, $110.6 million in 2017 and $125.5 million in 2016. Outstanding funding agreements with FHLB totaled $446.0 million at December 31, 2018, $415.1 million at December 31, 2017 and $437.4 million at December 31, 2016.

10K

PowszechnyZakladUbezpieczenSA-AR_2010

 in 2010, the company made changes in the motor insurance offer for individual customers and SMEs (Small and Medium-Sized Enterprises) – e.g. lump-sum TPL/comprehensive car insurance package for new cars was extended by vehicles aged up to three years. Due to the foregoing and further extension of the cooperation with car importers, PZU achieved very good sales results in the dealer channel;  the company introduced a possibility to choose comprehensive car insurance options depending on the type of spare parts used during repair (to determine the claim amount –

annual_report

fr_axa-AR_2013

Line management and staff are responsible for day to day risk management and decision making and therefore have primary responsibility for establishing and maintaining an effective control environment (fi rst line of defense).

annual_report

5297

The Company unlocked its deferred sales inducement balance in 2016 associated with its annuity segment for surrender and annuitization rate changes as noted in the discussion on deferred policy acquisition costs. The effect of the prospective unlocking was to decrease the deferred sales inducement balance by $1.7 million (increasing contract interest expense). The Company also unlocked its deferred sales inducement balance in 2015 associated with its annuity segment for future expense assumptions pertaining to product development override costs (renewal trail commission arrangements). The effect of the prospective unlocking was to decrease the deferred sales inducement balance by $1.8 million which increased contract interest expense by the same amount. No unlocking adjustments were made in 2014.

10K

gb_lloyds_banking_grp-AR_2017

Available-for-sale financial assets 42,098 – 42,098 – Interest rate, foreign exchange, credit spread

annual_report

4457

that our reinsurance program meets our needs and that we are sufficiently capitalized.

10K

1978

Health Card does not take possession or legal ownership of the pharmaceuticals dispensed by the pharmacy network, although Health Card assumes the legal responsibility and financial risk of paying for dispensed pharmaceuticals whether or not Health Card is paid by its sponsors.

10K

SwissLifeHoldingAG-AR_2011

In Germany, premium income declined by 6% to CHF 1.7 billion, attributable to lower single premiums from the capitalisation product, while periodic premium business increased by 3%. The Insurance International segment, where premium income originates largely from global business with high net worth individuals, recorded a currency-adjusted drop of 37% on the previous year to CHF 3 billion. AWD improved its sales revenues by 3% to EUR 561 million. In Investment Management total assets under management came to CHF 134.3 billion (+10%). This includes growth of CHF 4.3 billion in third-party assets. Insurance reserves totalled CHF 128.1 billion, which corresponds to 6% growth in local currency over the same period in the previous year.

annual_report

BeazleyPLC-AR_2015

Principal actuarial assumptions Discount rate 3.5% 3.4% Inflation rate 3.1% 3.0% Expected return on plan assets 3.5% 3.4% Future salary increases 3.1% 3.0% Future pensions increases 2.7% 2.6% Life expectancy for members aged 60 at 31 December 90 years 90 years Life expectancy for members aged 46 at 31 December 92 years 92 years

annual_report

2241

• The occurrence of significant man-made disasters, such as the terrorist attacks on September 11, 2001, or war

10K

2660

The investment commitments in the above table relate to unfunded capital obligations for limited partnership investments the Company owned at December 31, 2004.

10K

StandardLifeAberdeenPLC-AR_2010

Total comprehensive income for the period attributable to equity holders from continuing operations 1,041 234

annual_report

ch_zurich_insurance_group-AR_2012

Remuneration highlights in USD million, for the year ended December 31Key financial figures

annual_report

4808

We expect to continue to expand our comprehensive portfolio of products by developing superior, differentiated product solutions that meet consumer needs for financial and retirement security while incorporating volatility risk controls. Our scale and capital base provide competitive advantages that enable us to pursue market opportunities for growth.

10K

SwissReAG-AR_1996

C um ula tive th ro u g h D ecem ber 1996 514 580

annual_report

AegonNV-AR_2016

USD 250 million floating LIBOR rate 1) Quarterly, December 15 2017 212 212 212

annual_report

1455

(1)The weighted average shares outstanding at December 31, 2000 and 1999 were 6,603,796 and 6,599,500 basic common shares, respectively, and 6,723,521 and 6,702,189 common shares, respectively, assuming dilution. Earnings per share for 1999 are computed for the period July 1, 1999 (date of conversion) through December 31, 1999. There were no cash dividends declared during the periods presented. (2)Calculated by dividing losses and loss expenses by net premiums earned. (3)Calculated by dividing other underwriting expenses by net premiums earned. (4)The sum of the GAAP loss and loss adjustment expense ratio and the total underwriting expense ratio. (5)The sum of the statutory loss and loss adjustment expense ratio and the total underwriting expense ratio. (6)As reported by A.M. Best Company, an independent insurance rating organization, Best's Aggregate & Averages-Property-Casualty 2000 Edition (Priv. Pass. Automobile and Homeowners Quantitative Analysis Report). Data unavailable for the year ended December 31, 2000.

10K

RSAInsuranceGroupPLC-AR_2006

Notes: 1. 100% direct subsidiary of Royal & Sun Alliance Insurance Group plc.

annual_report

3604

The Company’s life subsidiary is a general partner in two investment partnerships with a trust created by Mutual and Fire. The carrying value of the partnerships was $1.1 million at both December 31, 2007 and 2006, respectively.

10K

HannoverRueckSE-AR_2013

The sundry liabilities include, most notably, distributions within the year of EUR 72.0 million (EUR 53.0 million) from interests in private equity funds that had still to be recognised in income as at the balance sheet date.

annual_report

5583

In June 2016, the FASB issued updated guidance intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The updated guidance replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires the consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is currently assessing the impact of this guidance on its consolidated financial statements.

10K

1679

During 2001, interest expense decreased to $4.4 million compared to $4.8 million in 2000. The decrease in interest expense reflects the repayments of $10 million on our primary credit facility at each of March 31, 2001 and 2000 (as described under "Liquidity and Capital Resources"). As of December 31, 2001, $55 million remains outstanding under this credit facility. The interest rate on $36.7 million of the $55 million outstanding is fixed at 6.34% as a result of a cash flow hedge interest rate swap. The interest rate on the remaining $18.3 million outstanding is variable and was 3.59% at December 31, 2001. This is part of PXRE Delaware's Credit Agreement with a syndicate of lenders. In addition, the Company recorded income of $0.3 million, after tax in the first quarter of 2001, for the cumulative effect of adoption of a change of accounting principle under SFAS No. 133. Included in other comprehensive income is a decrease in the fair value of the cash flow hedge for the period from July 1, 2001 to December 31, 2001 of $0.7 million, net of tax. We incurred minority interest expense amounting to $8.9 million related to our $100 million of 8.85% Capital Trust Pass-through Securities `sm' (TRUPS `sm') during 2001 and in 2000 (See "Liquidity and Capital Resources" below for a full description of the TRUPS).

10K

NatwestGroupPLC-AR_2005

Movement in loan impairment provisions balance The movement in provisions balance during 2005 is shown in the table below.

annual_report

gb_lloyds_banking_grp-AR_2013

In return for the payment of a commercial fee, HM Treasury has agreed to provide a guarantee to the lender to cover a proportion of any loss made by the lender arising from a higher loan-to-value loan being made. By 31 December 2013, £79 million had been advanced under this scheme.

annual_report

NatixisSA-AR_2008

Microfi nance Awards” held in October 2008 and organized by the non-profi t international development organization, PlaNet

annual_report

AvivaPLC-AR_2011

Total staff costs 2,332 2,239 *The credit disclosed in exceptional items in 2010 arose from the £286 million gain on the closure of the UK schemes to future accrual, described in note 47(c).

annual_report

2372

(For further discussion of risk factors associated with sectors with significant unrealized loss positions, see the sector risk factor commentary under the Total Available-for-Sale Securities with Unrealized Loss Greater than Six Months by Type schedule in this section of the MD&A.)

10K

4634

We have attempted to identify the reasonably possible additional losses using more stressful assumptions. Different methodologies, assumptions and models could produce different base and reasonably possible additional losses and actual results may differ materially from any of these various modeled results.

10K

TopdanmarkAS-AR_2016

Less paid incl. inf lation hedging 3,115 4,588 4,941 5,309 5,109 5,363 5,745 5,674 5,698 5,607 51,149 Provisions before discounting

annual_report

2121

In December 2003, GAFRI entered into an interest rate swap, effectively converting $40 million of its 6-7/8% fixed-rate Senior Notes to a floating rate of 3-month LIBOR plus 2.906% (about 4.1% at December 31, 2003).

10K

2938

Specifically for Hurricane Katrina, our estimates are subject to a high level of uncertainty arising out of extremely complex and unique causation and coverage issues, including the appropriate attribution of losses to wind or flood damage as opposed to other perils such as fire, business interruption or civil commotion. The underlying personal lines policies generally contain exclusions for flood damage; however, water damage caused by wind may be covered. We expect that causation and coverage issues may not be resolved for a considerable period of time and may be influenced by evolving legal and regulatory developments.

10K

NatixisSA-AR_2016

sheet balance of financial Net amount recognized assets in the instruments Financial cash received in Guarantees exposure Net recognized balance in the sheet assets of financial Net amount

annual_report

4610

Property and equipment is carried at cost, less accumulated depreciation. As a result of the Acquisition and the related application of purchase accounting to the acquired assets and liabilities, there is a new basis of property and equipment subsequent to the acquisition date. Depreciation expense for property and equipment is computed using the straight-line method over the estimated useful lives of the respective assets, with two to three years for computer equipment and seven years for furniture and fixtures. Leasehold improvements are depreciated over the shorter of the lease term or estimated useful life. We periodically review long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying value of the assets may not be recoverable. No impairment losses were recognized for the periods presented.

10K

NatixisSA-AR_2008

These two adjustments maintain the fair value of the sharebased payments within the meaning of IFRS 2 at the level it stood before detachment of the preferential subscription rights.

annual_report

3221

and General Counsel, approves all treaties and facultative transactions prior to committing any of our reinsurance capacity.

10K

AvivaPLC-AR_2012

Share Investment Plan The Company’s UK resident employees of participating companies can buy ordinary shares in the Company by making monthly contributions from their gross salary. Contributions can be a minimum of £5 and a maximum of £125 per month (or, if less, 10% of gross salary). Contributions are held in a trust by an independent trustee and shares are allocated within 30 days of the employee’s monthly contribution date. Employees can withdraw their shares from the trust at any time on payment of income tax and National Insurance Contributions (NIC). However, after five years shares can be withdrawn from the trust free of income tax and NIC. There is currently no matching element to this investment by the Company. However a matching element is due to be introduced in April 2013 through which the Company will match every purchased share with two matching shares for the first £40 of a participant’s monthly contribution. Matching shares will be subject to forfeiture if purchased shares are withdrawn from the Aviva All Employee Share Ownership Plan (AESOP) within three years of purchase, as long as the employee remains employed by the Company. From May 2013 participants will also be eligible to receive Dividend Shares through the AESOP.

annual_report

2889

The Company is required to provide collateral for all exchange-traded futures and options contracts. These margin requirements are determined by the individual exchanges based on the fair value of the open positions and are in the custody of the exchange. Collateral may also be required for over-the-counter contracts such as interest rate swaps, credit default swaps and currency forwards per the ISDA agreements in place. The Company has access to this collateral pledged subject to replacement and therefore it remains recorded as an asset on the Consolidated Balance Sheets. The fair value of collateral provided was $83.0 million and $89.0 million at December 31, 2005 and 2004 and consisted primarily of U.S. Treasury Bills.

10K

PhoenixGroupHoldingsPLC-AR_2018

To approve the Directors’ Remuneration Report for the year ended 31 December 2017 (2018 AGM) 294,152,705 99.15 2,528,520 0.85 1,291,938

annual_report

1341

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated.

10K

HiscoxLtd-AR_2011

Hiscox International Hiscox International has suffered most visibly from the catastrophe losses in 2011. It swung to a loss of £89.5 million (2010: profit of £43.1 million) and its premiums shrank 9.7% to £365.8 million (2010: £405.2 million). As trends in each business unit within the division vary materially I comment on each separately below: Hiscox Bermuda: The focus of our business in Bermuda is overwhelmingly on catastrophe reinsurance so in a year like 2011 it is not surprising that the unit suffered a big loss. Hiscox Bermuda’s disciplined underwriting saw its written premiums reducing by 9.5% to £177.7 million (2010: £196.4 million). It is the nature of reinsurance to be volatile but on average the results are very attractive. Since we created our business in Bermuda in 2006 it has achieved an aggregate combined ratio, including 2011, of around 80% – a very respectable result.

annual_report

4243

The following table sets forth the scheduled maturities of our fixed maturity securities at June 30, 2010 based on their fair values (in thousands). Actual maturities may differ from contractual maturities because certain securities may be called or prepaid by the issuers.

10K

de_allianz-AR_2001

_ has increased at least 20 percent since issue of the stock appreciation rights.

annual_report

RaiffeisenBankInternationalAG-AR_2012

The amendments relate to an exemption from severe hyperinflation and the elimination of fixed dates of transition. The amendments have no impact on the consolidated financial statements of 2012.

annual_report

4317

• Other expenses of $0.6 million incurred by the entities acquired by IIS Acquisition in addition to the salary and professional expenses noted above.

10K

TrygAS-AR_2005

We base our outlook for 2006 on the above description of main elements included in the financial results.

annual_report

StandardLifeAberdeenPLC-AR_2008

Expected return transfer to net worth 392 (1) 391 (391) -

annual_report

4232

Ending membership was as follows at December 31, 2010 and 2009:

10K

TrygAS-AR_2010

Tryg sells insurances through own sales channels and through partners such as Nordea. Tryg offers a broad range of insurances, and continuously expands the Group’s peace-of-mind solutions.

annual_report

3035

Our life subsidiaries generally receive adequate cash flow from premium collections and investment income to meet their obligations. Annuity and life insurance liabilities are generally long-term in nature. Policyholders may, however, withdraw funds or surrender their policies, subject to surrender and withdrawal penalty provisions. At December 31, 2006, approximately 97% of our annuity liabilities were subject to penalty upon surrender, with a weighted average remaining surrender charge period of 10 years and a weighted average surrender charge rate of 13%.

10K

553

Distribution Multiple distribution channels enable LNI to deliver its broad range of products to an expanding community of retail and institutional investors. LNI's retail mutual funds are marketed through: regional and national broker/dealers; financial planners; insurance agents, including those associated with the regional marketing offices of Lincoln Life; and banks. LNI's institutional products are marketed primarily by its sales force in conjunction with pension consultants. They also are offered to defined benefit and defined contribution plan sponsors, endowments, foundations and insurance companies.

10K