Prudential 2003 Annual Report Download - page 178
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FORWARD-LOOKING STATEMENTS
Certain of the statements included in this Annual Report, including but not limited to those in the Management’s
Discussion and Analysis of Financial Condition and Results of Operations, constitute forward-looking statements
within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,”
“anticipates,” “includes,” “plans,” “assumes,” “estimates,” “projects,” “intends” or variations of such words are
generally part of forward-looking statements. Forward-looking statements are made based on management’s current
expectations and beliefs concerning future developments and their potential effects upon Prudential Financial, Inc. and
its subsidiaries. There can be no assurance that future developments affecting Prudential Financial, Inc. and its
subsidiaries will be those anticipated by management. These forward-looking statements are not a guarantee of future
performance and involve risks and uncertainties, and there are certain important factors that could cause actual results
to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements, including
without limitation: general economic, market and political conditions, including the performance of financial markets
and interest rate fluctuations; various domestic or international military or terrorist activities or conflicts; volatility in
the securities markets; reestimates of our reserves for future policy benefits and claims; changes in our assumptions
related to deferred policy acquisition costs; our exposure to contingent liabilities; catastrophe losses; investment losses
and defaults; changes in our claims-paying or credit ratings; competition in our product lines and for personnel;
fluctuations in foreign currency exchange rates and foreign securities markets; risks to our international operations; the
impact of changing regulation or accounting practices; Prudential Financial, Inc.’s primary reliance, as a holding
company, on dividends from its subsidiaries to meet debt payment obligations and the applicable regulatory restrictions
on the ability of the subsidiaries to pay such dividends; adverse litigation results; and changes in tax law. Prudential
Financial, Inc. does not intend, and is under no obligation, to update any particular forward-looking statement included
in this Annual Report.
Growing and Protecting Your Wealth176