We are publishing our 2017 annual report this week, but want to share our top line financial results with you. The key measure of our financial strength is policyholder surplus and by year-end it grew to $1.56 billion, which is a new high for the mutual. Strong underwriting results in North America and London, combined with solid returns on our consolidated investment portfolio, made this growth possible. Gross premiums written totaled $1.35 billion, which was 9% higher than 2016, and net investment returns were significantly above our plan. The overall combined ratio for the Group, which includes our operations in North America and London, was a very favorable 91%. The new tax laws had minimal effect on our 2017 results, but we expect some benefit from them in 2018.