XL Group plc (XL) Q4 2011 Earnings Call February 09, 2012 5:00 pm ET Executives David R. Radulski - Senior Vice President and Director of Investor Relations Michael S. McGavick - Chief Executive Officer and Director Peter R. Porrino - Chief Financial Officer and Executive Vice President Gregory S. Hendrick - Chief Executive of Insurance Segment James Veghte - Chief Executive of Reinsurance Operations and Executive Vice President Unknown Executive - Susan L. Cross - Global Chief Actuary and Executive Vice President Sarah Elizabeth Street - Chief Investment Officer and Executive Vice President Analysts Unknown Analyst Keith F. Walsh - Citigroup Inc, Research Division Jay Gelb - Barclays Capital, Research Division Matthew G. Heimermann - JP Morgan Chase & Co, Research Division Michael Nannizzi - Goldman Sachs Group Inc., Research Division Jay A. Cohen - BofA Merrill Lynch, Research Division Brian Meredith - UBS Investment Bank, Research Division Randy Binner - FBR Capital Markets & Co., Research Division Vinay Misquith - Evercore Partners Inc., Research Division Michael Zaremski - Crédit Suisse AG, Research Division Meyer Shields - Stifel, Nicolaus & Co., Inc., Research Division Josh Stirling - Sanford C. Bernstein & Co., LLC., Research Division PresentationOperator
Good afternoon. My name is Shirley, and I'll be your conference operator today. At this time, I would like to welcome everyone to XL Group plc Fourth Quarter and Full Year 2011 Earnings Call. [Operator Instructions] Please be advised, this conference is being recorded. I would now like to turn the call over to David Radulski, XL's Director of Investor Relations. Please go ahead. David R. Radulski Thank you, Shirley, and welcome to XL group's fourth quarter 2011 earnings conference call. This call is being simultaneously webcast on XL's website at www.xlgroup.com. We posted to our website several documents, including our quarterly financial supplement. On our call today, Mike McGavick, XL Group's CEO, will offer opening remarks. Peter Porrino, XL's Chief Financial Officer, will review our financial results; followed by Greg Hendrick, our Chief Executive of Insurance Operations; and Jamie Veghte, our Chief Executive of Reinsurance Operations, who will review their segment results and market conditions. Then we'll open it up for questions.