“In terms of -- I outlined in my prepared remarks, the premium impact, which is the $750 million on net premiums written. But on the overall combined ratio, it's going to be de minimis in terms of what we would lose within General Insurance once we pro forma it out.”

In context

“ioration in terms of what our overall index will be. And again, I can't really predict, that's why I kind of went into a little bit more detail about like sort of the CAT market is that we don't know. I mean, like, so property is highly driven by what happens in CAT and underlying inflation. And so I'm not going to predict what happens sort of six quarters from now, but I think we feel really comfortable with the portfolio and its profitability. Michael Zaremski: Thank you. Operator: Thank you. Our next question comes from Meyer Shields with KBW. Your line is open. Meyer Shields: Thank you. First question, just I was hoping we can get a general sense of the impact of the sale of the travel insurance on underwriting results in North America Personal Peter Zaffino: Hey, Meyer. Good morning. In terms of -- I outlined in my prepared remarks, the premium impact, which is the $750 million on net premiums written. But on the overall combined ratio, it's going to be de minimis in terms of what we would lose within General Insurance once we pro forma it out. Meyer Shields: Okay. Perfect. Second question, I guess, on the excess casualty, if I understood Sabra's comments correctly, you had favorable development even on that line outside of 2021, which was a weird year. And I was hoping you could sort of break that down for us. I assume that that's older years rather than recent years, but I wanted to confirm that. Peter Zaffino: Yeah. I'll hand it over to Sabra. But as you know, and she gave a lot of detail in her prepared remarks, and we reviewed 45% of our total book in the second quarter. And in casualty, just based on what's going on in the global market, we really drilled down on every line of business and every year and went through it in tremendous detail. So Sabra, maybe you can just give a few highlights in terms of that analysis. Sabr”