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ALL » Topics » We continue to be exposed to catastrophe losses that may be material.

This excerpt taken from the ALL 10-Q filed Nov 1, 2005.

We continue to be exposed to catastrophe losses that may be material.

 

We may continue to incur catastrophe losses in our homeowners insurance business in amounts in excess of those experienced this year, in excess of those that management projects would be incurred based on hurricane and earthquake losses which have a one percent probability of occurring on an annual aggregate countrywide basis, and in excess of those that modelers estimate would be incurred based on other levels of probability.

 

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