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Thank you for joining the Greenlight Re Conference Call on the Second Quarter 2012 Earnings. Joining us on the call this morning are David Einhorn, Chairman; Bart Hedges, Chief Executive Officer; Tim Courtis, Chief Financial Officer; and Claude Wagner, Chief Actuary.
The Company reminds you the forward-looking statements that may be made in this call are intended to be covered by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but rather reflect the Company's current expectations, estimates, and predictions about future results and events and are subject to risks, uncertainties, and assumptions, including risks, uncertainties and assumptions that are enumerated in the Company's Form 10-K dated February 21, 2012, and other documents filed by the Company with the SEC.
If one or more risks or uncertainties materialize or if the Company's underlying assumptions prove to be incorrect, actual results may vary materially from what the Company projects. The Company undertakes no obligation to update publically or revise any forward-looking statements whether as a result of new information, future events or otherwise.
All participants will be in listen-only-mode. (Operator instructions). After today’s presentation, there will be an opportunity to ask questions. (Operator instructions). Please note this event is being recorded.