Pizza Hut 2010 Annual Report Download - page 212
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115
Due to the inherent volatility of actuarially determined property and casualty loss estimates, it is reasonably possible that
we could experience changes in estimated losses which could be material to our growth in quarterly and annual Net
income. We believe that we have recorded reserves for property and casualty losses at a level which has substantially
mitigated the potential negative impact of adverse developments and/or volatility.
Form 10-K