American Financial Group, Inc. and National Interstate Corporation Announce Closing of Merger Agreement
The purchase price to acquire the
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About
Forward Looking Statements
This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements in this press release not dealing with historical results are forward-looking and are based on estimates, assumptions and projections. Examples of such forward-looking statements include statements relating to: the Company's expectations concerning market and other conditions and their effect on future premiums, revenues, earnings, investment activities and the amount and timing of share repurchases; recoverability of asset values; expected losses and the adequacy of reserves for asbestos, environmental pollution and mass tort claims; rate changes; and improved loss experience.
Actual results and/or financial condition could differ materially from
those contained in or implied by such forward-looking statements for a
variety of reasons including but not limited to: changes in financial,
political and economic conditions, including changes in interest and
inflation rates, currency fluctuations and extended economic recessions
or expansions in the U.S. and/or abroad; performance of securities
markets; new legislation or declines in credit quality or credit ratings
that could have a material impact on the valuation of securities in
AFG’s investment portfolio; the availability of capital; regulatory
actions (including changes in statutory accounting rules); changes in
the legal environment affecting AFG or its customers; tax law and
accounting changes; levels of natural catastrophes and severe weather,
terrorist activities (including any nuclear, biological, chemical or
radiological events), incidents of war or losses resulting from civil
unrest and other major losses; development of insurance loss reserves
and establishment of other reserves, particularly with respect to
amounts associated with asbestos and environmental claims; availability
of reinsurance and ability of reinsurers to pay their obligations;
trends in persistency and mortality; competitive pressures; the ability
to obtain adequate rates and policy terms; changes in AFG’s credit
ratings or the financial strength ratings assigned by major ratings
agencies to AFG’s operating subsidiaries; the impact of the conditions
in the international financial markets and the global economy (including
those associated with the
The forward-looking statements herein are made only as of the date of this press release. The Company assumes no obligation to publicly update any forward-looking statements.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161110006485/en/
Source:
American Financial Group, Inc.
Diane P. Weidner, 513-369-5713
Asst.
Vice President – Investor Relations
or
Websites:
www.AFGinc.com
www.GreatAmericanInsuranceGroup.com