Old Republic International Corporation (ORI)
Partial Leveraged Buyout and Planned Spin-Off of its RFIG Subsidiary’s Stock to ORI Shareholders Conference Call
May 22, 2012 11:00 am ET
Scott Eckstein – Investor Relations
Aldo C. Zucaro – Chairman and Chief Executive Officer
Christopher S. Nard – President and Chief Operating Officer
Jim Ryan – Morningstar
Geoffrey Dunn – Dowling & Partners Securities, LLC
Tom Reynolds – Perkins
William Laemmel – Divine Capital Markets
Thomas Kahn – Kahn Brothers & Co.
Geoff Dancey – Cutler Capital Management
Alan Zimmerman – Macquarie Research Equities
Jim Agah – Millennium Partners
Matthew Howlett – Macquarie Research Equities
Darius Brawn – SAC Capital Advisors
Please standby. Good day ladies and gentlemen thank you for standing by and welcome to the Old Republic International update conference call. Today’s call is being recorded. At this time all participants are in a listen-only mode. Following today’s presentation we will conduct a question-and-answer session and instructions will be provided at that time for you to queue up for questions. I would like to remind everyone that this conference is being recorded and would now like to turn the conference over to Scott Eckstein of the Financial Relations Board. Please go ahead sir.
Thank you, operator. Good morning everyone and thank you for joining us today for Old Republic’s conference call to discuss its news release. Yesterday afternoon we distributed a copy of the press release. If there is anyone online who did not receive a copy you can access it at Old Republic’s website, which is www.oldrepublic.com. Please be advised that this call may involve forward-looking statements as discussed in the press release dated May 21, 2012. Risks associated with these statements can be found in the company’s latest SEC filings.