2003 Full Year Guidance and Major Assumptions
Net and operating income of $1.7 - $1.8 billion
- Moderation in price increases from 2002 levels
- No significant change in loss trends
- Continuation of current interest rates and equity market conditions
- Normal level of catastrophe losses for the remainder of the year
- No further net changes for prior year reserve development
- No asbestos incurrals
- No significant net realized investment gains or losses