Item 2. Management’s Discussion and Analysis
ITEM 2
Management’s Discussion and Analysis of Financial Condition and Results of Operations
41
• Cautionary Note on Forward-Looking Statements
41
• Executive Summary
44
• Critical Accounting Estimates
45
• Consolidated Results of Operations
45
• Business Segment Operations
46
• Use of Non-GAAP Measures
53
• Investments
57
• Insurance Reserves
64
• Liquidity and Capital Resources
67
• Enterprise Risk Management
72
• Glossary
73
• Acronyms
75
ITEM 3
Quantitative and Qualitative Disclosures About Market Risk
75
ITEM 4
Controls and Procedures
75
Part II – Other Information
ITEM 1
Legal Proceedings
76
ITEM 1A
Risk Factors
76
ITEM 2
Unregistered Sales of Equity Securities and Use of Proceeds
76
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.