The Hartford 2014 Annual Report Download - page 217
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Table of Contents
In the ordinary course of selling businesses or entities to third parties, the Company has agreed to indemnify purchasers for losses arising out of breaches of
representations and warranties with respect to the business or entities being sold, covenants and obligations of the Company and/or its subsidiaries following
the closing. These obligations are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitation.
In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or applicable.
The Company does not expect to make any payments on these guarantees and is not carrying any liabilities associated with these guarantees.
F-81