Possibility of a SGI and SCAI merger: Fourth, as part of our efforts to increase efficiency for the company, we are pursuing a merger of SGI and SCAI. We believe the combined company would be a stronger entity both from liquidity and surplus perspectives providing better protection for policy holders and would enable us to realize operational efficiencies for the overall Syncora platform. Any merger would be subject to regulatory and contractual consents and approvals of numerous parties, so it is not possible to predict a timeline or outcome of these efforts.