“Year-to-date, our core operating ROE is 10.9%, which is well within the 10% to 13% range we stated at Investor Day and believe we can maintain and grow this metric through 2027.”

In context

“ile maintaining our financial strength. Keith will take you through the specifics. As we look to the future, subject to market conditions, we intend to continue our share repurchases in 2026, albeit at a normalized level. And over time, we will also look for more compelling opportunities to deploy capital to drive long-term strategic value. Before I close, let me give you a little more specificity on how we're tracking to our Investor Day metrics. We set very aspirational objectives at Investor Day. And through the first 9 months of the year, we are ahead of what we outlined at the beginning of the year, which is an enormous achievement. As I noted earlier, EPS has been very strong in 2025. We achieved a core operating ROE of 13.6% in the third quarter, up 430 basis points year-over-year. Year-to-date, our core operating ROE is 10.9%, which is well within the 10% to 13% range we stated at Investor Day and believe we can maintain and grow this metric through 2027. We are continuing to make progress towards an expense ratio below 30% for General Insurance, and believe we have further opportunities to streamline our expense structure going forward. Finally, we grew our dividend per share by over 10% in 2025. And subject to Board approval, we expect to be in a position to do the same in 2026. In summary, we had an outstanding third quarter, made significant advancements in our strategic deployment of capital with three unique opportunities, and we're very committed to delivering on our 3-year guidance. I'll now turn the call over to Keith. Keith Walsh: Thank you, Peter, and good morning. I'm going to expand on the financial highlights for the quarter. Adjusted pretax income, or APTI, was $1.6 billion, an increase of 51% from the prior year quarter. Th”