Thank you very much Albert, and good morning everyone. I’m very happy to be here at Axis and look forward to helping this company achieve its strategic goals. In six weeks it has been very easy to see why Axis has been so successful in the past and why we feel good about our future. We produced solid results for this quarter, increasing diluted book value per common share by 3% to another record high of $40.55. Our return on average common equity was 13% for the quarter, with operating ROE at 8.7%.