| | • | equity market volatility; |
| | • | credit market volatility or disruption; |
| | • | changes in the federal income tax laws and regulations which may affect the relative income tax advantages of FGL’s products; |
| | • | the performance of third-parties, including independent distributors, underwriters, actuarial consultants and other service providers; |
| | • | interruption or other operational failures in telecommunication, information technology and other operational systems, or a failure to maintain the security, integrity, confidentiality or privacy of sensitive data residing on such systems; |
| | • | the continued availability of capital required for FGL’s and Front Street’s insurance subsidiaries to grow; |
| | • | the impact on FGL’s or Front Street’s business of new accounting rules or changes to existing accounting rules; |
| | • | the risk that FGL’s or Front Street’s exposure to unidentified or unanticipated risk is not adequately addressed by their risk management policies and procedures; |
| | • | general economic conditions and other factors, including prevailing interest and unemployment rate levels and stock and credit market performance; |
| | • | FGL’s ability to protect its intellectual property; |
| | • | difficulties arising from FGL’s and Front Street’s outsourcing relationships; |
| | • | the impact on FGL’s and Front Street’s business of natural and of man-made catastrophes, pandemics, computer viruses, network security breaches and malicious and terrorist acts; |
| | • | FGL’s and Front Street’s ability to compete in a highly competitive industry; |
| | • | FGL’s and Front Street’s ability to maintain competitive policy expense costs; |
| | • | adverse consequences if the independent contractor status of FGL’s independent insurance marketing organizations is successfully challenged; |
| | • | FGL’s ability to attract and retain national marketing organizations and independent agents; |
| | • | the potential adverse tax consequences to FGL if FGL generates passive income in excess of operating expenses; |
| | • | the significant operating and financial restrictions contained in FGL’s debt agreements, which may prevent FGL from capitalizing on business opportunities; |
| | • | the inability of FGL’s and Front Street’s subsidiaries and affiliates to generate sufficient cash to service all of their obligations; |
| | • | conflicts of interest between HRG or its affiliates; |
| | • | the impact on FGL and Front Street of non-performance of loans originated by Salus; |
| | • | the ability of FGL’s and Front Street’s subsidiaries to pay dividends; and |
| | • | the ability to maintain or obtain approval of the Iowa Insurance Division and other regulatory authorities as required for FGL’s operations and those of its insurance subsidiaries. |
The Asset Managers The Asset Managers’ actual results or other outcomes may differ from those expressed or implied by the forward-looking statements contained herein due to a variety of important factors, including, without limitation, the following:
| | • | their respective abilities, as applicable, to recover amounts that are contractually owed to them by their borrowers; |
| | • | their respective abilities to continue to find attractive business opportunities; |
| | • | their respective abilities to address a number of issues to implement their respective business strategies; |
| | • | the impact on these businesses resulting from deterioration in economic conditions; |
| | • | their respective abilities to compete with traditional competitors and new market entrants; and |
| | • | their respective abilities to address a variety of operational risks, including reputational risk, legal and compliance risk, the risk of fraud or theft, operational errors and systems malfunctions. |
Compass Compass’ actual results or other outcomes may differ from those expressed or implied by the forward-looking statements contained herein due to a variety of important factors, including, without limitation, the following:
| | • | fluctuations in oil, natural gas liquids and natural gas prices sold by Compass; |
| | • | the impact of Compass’ substantial indebtedness on its business, financial condition and results of operations; |
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