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Hartford Expects Q4 Net Catastrophe Impacts Of Up To $365 Mln, Before Tax

Hartford Financial Services Group Inc. (HIG) said Wednesday that it currently expects fourth-quarter 2018 current accident year net catastrophe impacts of $350 million to $365 million, before tax, including the Camp and Woolsey fires in California and Hurricane Michael.

After tax, fourth-quarter current accident year net catastrophe impacts are estimated at approximately $275 million to $290 million.

Hartford will release fourth-quarter 2018 financial results on Monday, Feb. 4, 2019, after the close of the market.

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