RLI Corp.

Good morning and welcome to the RLI Court first quarter earnings teleconference. After management's prepared remarks we will open the conference up for question and answer. Before we get started let me remind everyone that through the course of the teleconference RLI management can make comments that reflect their intentions, beliefs or expectations for the future. As always, these forward-looking statements are subject to certain factors and uncertainties which could cause actual results to differ materially. Please refer to the risk factor described in the company's various SEC filings, including in the annual report on the Form 10-K as supplemented in the Forms 10-Q, all of which should be reviewed carefully. The company has filed a Form 8-K with the Securities and Exchange Commission that contains the press release announcing third quarter results. During the call, RLI management may refer to operating earnings and earnings per share for operation which are non-GAAP measures of financial results. RLIs, operating earnings and earnings per share, form operations consist of net earnings after the elimination of after-tax realized gains or losses. and after-tax unrealized gains or losses on equity securities. RRI's management believes these measures are useful in gauging core operating performance across reporting periods but may not be comparable to other companies' definitions or operating earnings. The Form 8 contains a reconciliation between operating earnings and net earnings. The Form 8 and press release are available at the company's website at www.rlicorp.com. I will now turn this conference to RLI's Chief Investment Officer and Treasurer, Mr. Aaron Dieffen-Fowler. Please go ahead.

Thank you, Candace. Good morning, everyone. Thanks for joining RLI's earnings call covering the first quarter of 2024. We have the usual team assembled, including Craig Klefermus, President and CEO, Jen Klobnoch, Chief Operating Officer, Todd Bryant, Chief Financial Officer. We will follow the same cadence as in prior quarters where Craig will kick things off with some initial thoughts, Todd will run down the financial results for the quarter, and Jen will offer some commentary on market conditions and our product portfolio. The operator will then open the line for questions, and Craig will close.

Craig? Well, thank you, Aaron, and good morning, everyone. We're off to a solid start for 2024 with double-digit growth and underwriting profitability across all of our reporting segments. As Todd and Jen will go into in a minute, we continue to lean into opportunities where we have the expertise and track record to differentiate ourselves. We remain cautious where the risks are more dynamic difficult to quantify, or where we choose to temper the volatility to the bottom line. I will let Todd and Jen go into more detail on the financials and the market in general. Todd, it's all yours. Thanks, Craig.