Risk Factors Update Summary
- AFG's exposure to mass tort claims, including asbestos and environmental matters, remains a significant risk.
- AFG's ability to recruit and retain key employees is crucial for the company's success.
- AFG now purchases catastrophe reinsurance totaling $4 billion, up from $3 billion previously.
- Changes in federal income tax laws could adversely affect AFG's federal income taxation.
- AFG faces increased competition, especially when industry underwriting standards have loosened or degraded.
- Legislative or regulatory requirements imposed by the Dodd-Frank Act may impact AFG's operations.
- AFG's potential liability for PFAS-related losses is inherently difficult to forecast due to various influencing factors.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1042046&owner=exclude
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