The Hartford 2015 Annual Report Download - page 4

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weather and other natural physical events, including the severity and frequency of storms, hail, winter storms, hurricanes
and tropical storms, as well as climate change and its potential impact on weather patterns;
the possible occurrence of terrorist attacks and the Company’s inability to contain its exposure as a result of, among other
factors, the inability to exclude coverage for terrorist attacks from workers' compensation policies and limitations on
reinsurance coverage from the federal government under applicable laws;
the uncertain effects of emerging claim and coverage issues;
actions by competitors that may be larger or have greater financial resources than we do;
technological changes, such as usage-based methods of determining premiums, advancements in automotive safety
features, the development of autonomous vehicles, and platforms that facilitate ride sharing, which may alter demand for
the Company's products, impact the frequency or severity of losses, and/or impact the way the Company markets,
distributes and underwrites its products;
the Company's ability to market, distribute and provide insurance products and investment advisory services through
current and future distribution channels and advisory firms;
the Company’s ability to effectively price its property and casualty policies, including its ability to obtain regulatory
consents to pricing actions or to non-renewal or withdrawal of certain product lines;
volatility in our statutory and United States ("U.S.") GAAP earnings and potential material changes to our results
resulting from our risk management program to emphasize protection of economic value;
• Regulatory and Legal Risks:
the cost and other effects of increased regulation as a result of the implementation of the Dodd-Frank Wall Street Reform
and Consumer Protection Act of 2010, and the potential effect of other domestic and foreign regulatory developments,
including those that could adversely impact the demand for the Company’s products, operating costs and required capital
levels;
unfavorable judicial or legislative developments;
regulatory limitations on the ability of the Company and certain of its subsidiaries to declare and pay dividends;
the impact of changes in federal or state tax laws;
regulatory requirements that could delay, deter or prevent a takeover attempt that shareholders might consider in their
best interests;
the impact of potential changes in accounting principles and related financial reporting requirements;
• Other Strategic and Operational Risks:
risks associated with the runoff of our Talcott Resolution business;
the risks, challenges and uncertainties associated with our capital management plan, including as a result of changes in
our financial position and earnings, share price, capital position, legal restrictions, other investment opportunities, and
other factors;
the risks, challenges and uncertainties associated with our expense reduction initiatives and other actions, which may
include acquisitions, divestitures or restructurings;
the Company’s ability to maintain the availability of its systems and safeguard the security of its data in the event of a
disaster, cyber or other information security incident or other unanticipated event;
the risk that our framework for managing operational risks may not be effective in mitigating material risk and loss to the
Company;
the potential for difficulties arising from outsourcing and similar third-party relationships; and
the Company’s ability to protect its intellectual property and defend against claims of infringement.
Any forward-looking statement made by the Company in this document speaks only as of the date of the filing of this Form 10-K.
Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the
Company to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a
result of new information, future developments or otherwise.