We are pleased to report that despite a challenging investment environment and the continuation of a soft underwriting market, AEGIS has continued to enjoy a strong financial year. The unaudited results for the period ending October 31 show continued progress toward our goal of restoring the surplus lost as a result of 2008’s financial crisis and an unusually tough underwriting year. Total surplus has grown from $862 million to $975 million, an increase of $113 million or 13% since year-end 2009. We have now recovered more than two-thirds of the surplus lost in 2008. Our all lines combined ratio for the year-to-date remains ahead of plan at 92% which is a substantial improvement over last year’s 115%. Our investment return is 4.62% which is 160 basis points ahead of the year-to-date plan. Hopefully, this strong performance will continue through the remainder of the year.