PartnerRe Ltd. (PRE) Q1 2012 Earnings Call May 1, 2012 10:00 am ET Executives Robin Sidders - Director, IR Costas Miranthis - President & CEO Bill Babcock - EVP & CFO Analysts Amit Kumar - Macquarie Mike Zaremski - Credit Suisse Jay Gelb - Barclays Michael Nannizzi - Goldman Sachs Vinay Misquith - Evercore Partners Matt Carletti - JMP Securities Greg Locraft - Morgan Stanley Matthew Heimermann - JPMorgan Doug Mewherter - RBC Jay Cohen - Bank of America Josh Shanker - Deutsche Bank Ian Gutterman - Adage Capital Ron Bobman - Capital Returns PresentationOperator
Before we begin the call, I will remind all participants that they are in a listen-only mode. (Operator Instructions). If you have not received a copy of the press release, it is posted on the company's website, www.partnerre.com or you can call 212-687-8080 and one will be faxed to you right away. I will now hand over to Robin Sidders, Director of Investor Relations at PartnerRE who will begin the call. Robin Sidders Good morning and welcome to PartnerRE's first quarter 2012 results conference call and webcast. As a reminder, our first quarter financial supplement can be found on our website at www.partnerre. com in the Investor Relations section by clicking on Supplementary Financial Data on the Financial Reports page. On today's call are President and CEO of PartnerRE, Costas Miranthis; and Bill Babcock, Executive Vice President and CFO of PartnerRE. Costas will start with an overview of the quarter and then hand over to Bill, who will provide more details on the results. Costas will provide additional commentary on the market and then we'll open the call up for question-and-answer session. I'll begin with the Safe Harbor statements.