The Hartford Estimates Impacts Of U.S. Corporate Tax Law And Catastrophe Losses On Fourth Quarter 2017 Financial Results
- Estimated
$850 million charge principally due to the impact of lowerU.S. corporate tax rates beginning in 2018 on the company’s net deferred tax assets - Catastrophe losses in fourth quarter 2017 estimated at approximately
$180 million , before tax, largely due toCalifornia wildfires - Fourth quarter 2017 financial results and 2018 outlook to be released after market close on
Feb. 8
The approximately
In addition, the company estimates that fourth quarter financial results will include approximately
The
About The
The
HIG-F
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward looking statements include statements on the financial impact of tax reform. We continue to assess the tax accounting effects of tax reform. In addition, forward looking statements include statements on fourth quarter 2017 catastrophe losses. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2016 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the
From time to time, The
View source version on businesswire.com: http://www.businesswire.com/news/home/20180108006832/en/
The
Media Contact:
[email protected]
or
Investor Contact:
[email protected]
Source: The
Higginbotham Enters 24th Texas Market with Independent Insurance Agents of Plainview
Superior Court Judge Grants Petition to Coordinate North Bay Fire Litigation through the San Francisco County Superior Court
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News