The Hartford Estimates Third Quarter 2017 Catastrophe Losses Of $325 Million To $375 Million, Before Tax
- Includes estimates for Hurricane Harvey of
$175 million , before tax, and Hurricane Irma of$125 million to$175 million , before tax, both net of reinsurance - Third quarter 2017 financial results to be released on
Oct. 26
All of the estimates are net of property per risk and other facultative reinsurance. The two hurricanes are not expected to result in any recoveries from the company’s property catastrophe occurrence treaty, which has a
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Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. 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
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Chubb Estimates Maximum Net Insurance and Net Reinsurance Losses for Hurricane Maria of $220 Million Pre-Tax, or Approximately $200 Million After Tax; Net Loss Estimate for Mexican Earthquakes is $25 Million Pre-Tax, or Approximately $24 Million After Tax; Estimate for Other CAT Losses in Third Quarter Not Previously Announced is $107 Million Pre-Tax, or $86 Million After Tax
State Auto Financial Announces Third Quarter 2017 Earnings Conference Call
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