One of the areas for which I have responsibility at RenaissanceRe is corporate strategy. So today I thought I’d start with a bit of background on the company and our history, and then give you some insight into our corporate strategy, business unit strategy and how we think about the role of investments and capital management within that strategy. So with that let me give you a little bit of background on the history of the company.As Jay said, at RenaissanceRe we are a global provider of property and cat specialty reinsurance through our store office in Bermuda, and right now only property cat and specialty reinsurance, but also some insurance coverage’s via our Lloyd’s operation. I think some people have typically thought RenaissanceRe as a Florida specialist, but I suspect after the events of 2011, they were dissuaded of that misinterpretation. Our business model is to match what we believe are attractive risks with the right capital to support it. Sometimes it’s our own, sometimes it comes from third parties but more often they’re not as the mixture of the two each and every time. Company was founded in 1993 and has a market capitalization just under $4 billion. We've enjoyed strong financial performance over our history with tangible book value per share, plus change in accumulated dividends which is our primary financial target having grown at a compound annual growth rate of 20% since our inception as a public company. Finally, we have some of the strongest financial strength and enterprise risk management ratings in our industry that I think attest to the competitive strengths of the company, as well as that financial performance. Only about 3% of companies in our industry have earned an excellent enterprise risk management rating. Okay with that as background, let me shift to a description of our corporate strategy. I think it's rather simple and fundamentally unchanged since our inception some almost 20 years ago now.