Management uses these measures to evaluate performance against historical results.

Financial analysts, rating agencies, and other financial statement users can gain a better understanding of the significant factors that comprise the Company’s periodic results of operations.

Some measures exclude net investment gains (losses), net unrealized investment gains (losses) on fixed maturity securities, and net reserve remeasurements attributable to discount rates.

The glossary includes definitions for adjusted book value per share, tangible book value per share, debt to total capitalization ratio, catastrophe costs, core earnings (loss), net premiums written, investment yield, net income return on equity, net reserves, property & casualty operating statistics, and sales.