| | • | general economic conditions and other factors, including prevailing interest and unemployment rate levels and stock and credit market performance which may affect (among other things) FGL’s ability to sell its products and the fair value of FGL’s and Front Street’s investments, which could result in impairments and other than temporary impairments and certain liabilities, and the lapse rate and profitability of policies; |
| | • | 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; |
| | • | 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, particularly if the FGL Merger is consummated; |
| | • | 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 other risks associated with their business, including reputational risk, legal, litigation 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; |
| | • | the impact of the sharp decline in commodity prices and commodity pricing volatility on Compass’ business, operations and cash flows; |
| | • | Compass’ ability to manage counterparty credit risk in a depressed commodity pricing environment, which may lead to one or more of Compass’ counterparties failing to satisfy their contractual obligations; |
| | • | the impact of restrictions in Compass’ debt instruments on its ability to operate its business, finance its capital needs or pursue or expand its business strategies; |
| | • | changes in the differential between the New York Mercantile Exchange or other benchmark prices of oil, natural gas liquids and natural gas and the reference or regional index price used to price Compass’ actual oil and natural gas sales; |
|
