Tommy McJoint

“To start off, in the third quarter of last year, when there was no major hurricane loss, the quota share reinsurance created some noise, resulting in a big upswing in the net underlying loss ratio.”

“The first one here in the past couple of quarters, you've given us some nice helpful metrics on guidance for the full year across various metrics on a segment level attritional loss ratios and then consolidated.”

“The first one here, with Armada Care and some of your other MGAs, the accident in health is a major line of business for you guys. Market commentary tends to generalize pricing and conditions, talking about the property and casualty buckets, but A&H does have some of its own drivers.”

“And then switching over to the alternative investments that had a bit of weak performance in the quarter, understand those CLO marks come through on a quarter lag.”

“The first one here, when we look at the strong cash flows that the business generates and seeing plenty of dry powder on the credit facilities, is it reasonable to not model either additional acquisitions or, you know, continued pace of buybacks in the back half of the year?”