Savvy Trades and Investments

[dmmm]

KINS I'm with you. From the CC,

Looking ahead, in the first quarter of 2016, we anticipate a decreasing impact from winter weather losses as compared to the previous two years. Winter weather losses in 2016 are primarily related to a single freezing event in mid-February. At this time, we expect that these losses will have a 2 point impact on the full year 2016 combined ratio. This compares favorably to the 7 point impact observed from the 2015 winter weather cat events and the 4.5 point impact from 2014 winter weather.