We still have a need to handle the claims and process the programs in runoff, so we'll continue to manage the segment to what are low-net retentions and have very diligent focus relative to expense management.

Aug 11, 2026 / CEO / receipt, needs a key / Frank D'Orazio, CEO | earnings call 2026-08-11 | transcript bc3771ee-2d8a-4082-92d3-42ebf420e9e1 | chars 24199-24408 | segment 24

Secondly, we will benefit from the lasting operational efficiencies and expense management focus achieved through substantial cost-saving initiatives across the business during 2025, including our re-domicile to the United States.

Mar 3, 2026 / CEO / receipt, needs a key / Frank D'Orazio, CEO | earnings call 2026-03-03 | transcript f346f6c9-c13f-419a-a4e3-467d7cff50ff | chars 3099-3329 | segment 3

Expense management will remain a core area of focus as we seek to improve operational leverage without compromising the quality of our underwriting or claim service.

Nov 4, 2025 / CEO / receipt, needs a key / Frank D'Orazio, CEO | earnings call 2025-11-04 | transcript b58ac070-dec1-461f-bb06-30679dc67e9f | chars 12861-13026 | segment 12

We've made significant progress on operating efficiency and expense management this quarter and look forward to our planned redomicile to the United States likely later this year, a move which is expected to bring operational efficiencies as well as significant one-time and ongoing cost savings to the organization.

Aug 5, 2025 / CEO / receipt, needs a key / Frank D'Orazio, CEO | earnings call 2025-08-05 | transcript c6c87f77-e1f8-4fc4-9f24-b9751160ccd0 | chars 9579-9895 | segment 9