%PDF-1.5 1 0 obj <> endobj 3 0 obj <>] /Rotate 0 /Contents 4 0 R>> endobj 4 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.85 742.25 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 319.74 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 326.22 742.25 Td (TES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.60 730.25 Td (SECURITIES ) Tj ET Q q 0 0 0 rg BT 261.13 730.25 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 718.25 Td (W) Tj ET Q q 0 0 0 rg BT 253.99 718.25 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 299.93 718.25 Td (ON, D.C. 20549) Tj ET Q BT /F2 16.00 Tf ET q 0 0 0 rg BT 262.65 699.05 Td (FORM 10-Q) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 172.10 688.25 Td (QUAR) Tj ET Q q 0 0 0 rg BT 198.28 688.25 Td (TERL) Tj ET Q q 0 0 0 rg BT 221.96 688.25 Td (Y) Tj ET Q q 0 0 0 rg BT 228.13 688.25 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 261.56 688.25 Td (T) Tj ET Q q 0 0 0 rg BT 267.40 688.25 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 318.50 688.25 Td ( ) Tj ET Q q 0 0 0 rg BT 320.58 688.25 Td (T) Tj ET Q q 0 0 0 rg BT 326.42 688.25 Td (O SECTION13 OR 15\(d\)OF) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.35 677.45 Td (THE SECURITIES EXCHANGE ) Tj ET Q q 0 0 0 rg BT 345.14 677.45 Td (ACT) Tj ET Q q 0 0 0 rg BT 363.98 677.45 Td ( OF) Tj ET Q q 0 0 0 rg BT 378.39 677.45 Td ( 1934) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.00 657.73 Td (For) Tj ET Q q 0 0 0 rg BT 82.46 657.73 Td ( the quarterly period ended:) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 305.00 659.60 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.05 657.73 Td (COMMISSION FILE NUMBER:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.20 646.57 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 646.57 Td (000-54627) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 84.00 0 0 51.00 264.00 589.45 cm /I1 Do Q BT /F1 10.00 Tf ET BT /F2 16.00 Tf ET q 0 0 0 rg BT 167.20 570.25 Td (A) Tj ET Q q 0 0 0 rg BT 177.57 570.25 Td (TLAS FINANCIAL) Tj ET Q q 0 0 0 rg BT 313.15 570.25 Td ( HOLDINGS, INC.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 172.15 559.45 Td (\(EXACT) Tj ET Q q 0 0 0 rg BT 204.98 559.45 Td ( NAME OF REGISTRANT) Tj ET Q q 0 0 0 rg BT 305.57 559.45 Td ( ) Tj ET Q q 0 0 0 rg BT 307.33 559.45 Td (AS SPECIFIED IN ITS CHAR) Tj ET Q q 0 0 0 rg BT 419.80 559.45 Td (TER\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 140.75 535.21 Td (CA) Tj ET Q q 0 0 0 rg BT 152.43 535.21 Td (YMAN ISLANDS) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 530.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 418.25 535.21 Td (27-5466079) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 128.25 516.41 Td (\(State or other jurisdiction of) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 516.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.25 516.41 Td (\(I.R.S. Employer) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.35 502.41 Td (incorporation or or) Tj ET Q q 0 0 0 rg BT 194.25 502.41 Td (ganization\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 502.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 406.50 502.41 Td (Identification No.\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 109.10 481.21 Td (953 ) Tj ET Q q 0 0 0 rg BT 124.35 481.21 Td (AMERICAN LANE, 3RD FLOOR) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 480.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.75 480.41 Td (60173) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 151.50 466.41 Td (Schaumbur) Tj ET Q q 0 0 0 rg BT 192.41 466.41 Td (g, IL) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 466.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.10 466.41 Td (\(Zip Code\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 109.10 452.41 Td (\(Address of principal executive of) Tj ET Q q 0 0 0 rg BT 231.89 452.41 Td (fices\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 315.50 452.00 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 183.20 437.65 Td (Registrant) Tj ET Q q 0 0 0 rg BT 222.69 437.65 Td (s telephone number) Tj ET Q q 0 0 0 rg BT 292.81 437.65 Td (, including area code: \(847\) 472-6700) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 279.60 416.05 Td (Not applicable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 158.45 405.25 Td (\(Former name, former address and former fiscal year) Tj ET Q q 0 0 0 rg BT 349.01 405.25 Td (, if changed since last report\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 383.65 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 372.85 Td (Act of 1934 during the preceding 12 months \(or for such shorter period that the Registrant was required to file such reports\), and \(2\)has been ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 362.05 Td (subject to such filing requirements for the past 90 days. ) Tj ET Q q 0 0 0 rg BT 251.37 362.05 Td (Y) Tj ET Q q 0 0 0 rg BT 256.97 362.05 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 268.97 360.11 cm /I2 Do Q /GS0 gs q 9.00 0 0 9.18 276.99 360.11 cm /I3 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 285.99 362.05 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 301.49 360.11 cm /I4 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 340.45 Td (Indicate by check mark whether the registrant has submitted electronically and posted on its corporate ) Tj ET Q q 0 0 0 rg BT 419.46 340.45 Td (W) Tj ET Q q 0 0 0 rg BT 427.23 340.45 Td (eb site, if any) Tj ET Q q 0 0 0 rg BT 475.13 340.45 Td (, every Interactive Data ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 329.65 Td (File required to be submitted and posted pursuant to Rule 405 of Regulation S-T) Tj ET Q q 0 0 0 rg BT 339.54 329.65 Td ( \( 232.405 of this chapter\) during the preceding 12 months ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 318.85 Td (\(or for such shorter period that the registrant was required to submit and post such files\). ) Tj ET Q q 0 0 0 rg BT 370.33 318.85 Td (Y) Tj ET Q q 0 0 0 rg BT 375.93 318.85 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 387.93 316.91 cm /I5 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.96 318.85 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 415.95 316.91 cm /I6 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 297.25 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 241.00 297.25 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 309.09 297.25 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 381.67 297.25 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 466.25 297.25 Td (, smaller reporting ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 286.45 Td (company) Tj ET Q q 0 0 0 rg BT 82.41 286.45 Td (, or an emer) Tj ET Q q 0 0 0 rg BT 125.22 286.45 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 203.62 286.45 Td (. See the definitions of lar) Tj ET Q q 0 0 0 rg BT 300.43 286.45 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 368.52 286.45 Td (, accelerated filer) Tj ET Q q 0 0 0 rg BT 438.34 286.45 Td (, smaller reporting company) Tj ET Q q 0 0 0 rg BT 547.22 286.45 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 275.65 Td (and emer) Tj ET Q q 0 0 0 rg BT 87.06 275.65 Td (ging growth company in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 284.27 275.65 Td (Act:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.65 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 263.65 Td (Lar) Tj ET Q q 0 0 0 rg BT 98.33 263.65 Td (ge ) Tj ET Q q 0 0 0 rg BT 108.57 263.65 Td (Accelerated Filer ) Tj ET Q /GS0 gs q 8.02 0 0 10.09 173.04 261.49 cm /I7 Do Q /GS0 gs q 12.94 0 0 10.09 181.06 261.49 cm /I8 Do Q /GS0 gs q 36.00 0 0 10.09 194.00 261.49 cm /I9 Do Q /GS0 gs q 36.00 0 0 10.09 230.00 261.49 cm /I10 Do Q /GS0 gs q 36.00 0 0 10.09 266.00 261.49 cm /I11 Do Q /GS0 gs q 36.00 0 0 10.09 302.00 261.49 cm /I12 Do Q /GS0 gs q 36.00 0 0 10.09 338.00 261.49 cm /I13 Do Q /GS0 gs q 36.00 0 0 10.09 374.00 261.49 cm /I14 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 263.65 Td (Accelerated Filer) Tj ET Q /GS0 gs q 9.79 0 0 10.09 472.21 261.49 cm /I15 Do Q /GS0 gs q 36.00 0 0 10.09 482.00 261.49 cm /I16 Do Q /GS0 gs q 8.02 0 0 10.09 518.00 261.49 cm /I17 Do Q /GS0 gs q 36.00 0 0 9.78 50.00 251.00 cm /I18 Do Q /GS0 gs q 36.00 0 0 9.78 86.00 251.00 cm /I19 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 242.05 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 242.05 Td (Non-Accelerated Filer ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 173.46 240.11 cm /I20 Do Q /GS0 gs q 12.52 0 0 9.18 181.48 240.11 cm /I21 Do Q /GS0 gs q 36.00 0 0 9.18 194.00 240.11 cm /I22 Do Q /GS0 gs q 36.00 0 0 9.18 230.00 240.11 cm /I23 Do Q /GS0 gs q 36.00 0 0 9.18 266.00 240.11 cm /I24 Do Q /GS0 gs q 36.00 0 0 9.18 302.00 240.11 cm /I25 Do Q /GS0 gs q 36.00 0 0 9.18 338.00 240.11 cm /I26 Do Q /GS0 gs q 36.00 0 0 9.18 374.00 240.11 cm /I27 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 242.05 Td (Smaller Reporting Company ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 518.00 240.11 cm /I28 Do Q /GS0 gs q 36.00 0 0 9.78 50.00 229.40 cm /I29 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 231.25 Td (\(do not check if a smaller reporting company\) ) Tj ET Q q 0 0 0 rg BT 266.00 231.25 Td ( ) Tj ET Q q 0 0 0 rg BT 302.00 231.25 Td ( ) Tj ET Q q 0 0 0 rg BT 338.00 231.25 Td ( ) Tj ET Q q 0 0 0 rg BT 374.00 231.25 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 122.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 158.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 194.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 230.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 266.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 302.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 338.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 374.00 220.45 Td ( ) Tj ET Q q 0 0 0 rg BT 410.00 220.45 Td (Emer) Tj ET Q q 0 0 0 rg BT 429.33 220.45 Td (ging Growth Company ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 518.00 218.51 cm /I30 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 198.85 Td (If an emer) Tj ET Q q 0 0 0 rg BT 86.81 198.85 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 165.22 198.85 Td (, indicate by check mark if the registrant has elected not to use the extended transition period for complying ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 188.05 Td (with any new or revised financial accounting standards provided pursuant to Section 13\(a\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 437.88 188.05 Td (Act. ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 477.88 186.11 cm /I31 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 166.45 Td (Indicate by check mark whether the registrant is a shell company \(as defined in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 440.12 166.45 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 460.27 166.45 Td (Y) Tj ET Q q 0 0 0 rg BT 465.87 166.45 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 477.87 164.51 cm /I32 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.89 166.45 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 508.14 164.51 cm /I33 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 144.85 Td (There were ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 92.97 144.85 Td (1) Tj ET Q q 0 0 0 rg BT 97.14 144.85 Td (1,936,970) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 133.14 144.85 Td ( shares of the Registrant) Tj ET Q q 0 0 0 rg BT 222.61 144.85 Td (s common stock outstanding as of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.10 144.85 Td (May4, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.85 144.85 Td (, all of which are ordinary voting common ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 134.05 Td (shares. ) Tj ET Q q 0 0 0 rg BT 76.83 134.05 Td (There are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 113.30 134.05 Td (no) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 122.30 134.05 Td ( outstanding restricted voting common shares. Of the Registrant) Tj ET Q q 0 0 0 rg BT 355.00 134.05 Td (s ordinary voting common shares outstanding, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 123.25 Td (10,366,953) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.50 123.25 Td ( shares as of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.99 123.25 Td (May4, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 182.73 123.25 Td ( were held by non-af) Tj ET Q q 0 0 0 rg BT 257.04 123.25 Td (filiates of the Registrant. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 101.65 Td (For purposes of the foregoing calculation only) Tj ET Q q 0 0 0 rg BT 216.38 101.65 Td (, the Registrant has included in the shares owned by af) Tj ET Q q 0 0 0 rg BT 412.41 101.65 Td (filiates, those shares owned by directors ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 90.85 Td (and of) Tj ET Q q 0 0 0 rg BT 72.58 90.85 Td (ficers of the Registrant, but such inclusion shall not be construed as an admission that any such person is an af) Tj ET Q q 0 0 0 rg BT 469.08 90.85 Td (filiate for any purpose.) Tj ET Q endstream endobj 5 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 6 0 R>> endobj 6 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.60 31.60 Td (i) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.25 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 225.73 742.25 Td (TLAS FINANCIAL) Tj ET Q q 0 0 0 rg BT 310.47 742.25 Td ( HOLDINGS, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.30 725.25 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 224.85 725.25 Td (T) Tj ET Q q 0 0 0 rg BT 231.34 725.25 Td (O QUAR) Tj ET Q q 0 0 0 rg BT 270.71 725.25 Td (TERL) Tj ET Q q 0 0 0 rg BT 297.02 725.25 Td (Y) Tj ET Q q 0 0 0 rg BT 303.87 725.25 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 341.02 725.25 Td (T) Tj ET Q q 0 0 0 rg BT 347.51 725.25 Td ( ON FORM10-Q) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.90 708.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 291.60 708.25 Td (ch31, 2018) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 61 663.86259765625 m 230.658203125 663.86259765625 l s q 0 0 1 rg BT 61.00 665.43 Td (P) Tj ET Q q 0 0 1 rg BT 66.37 665.43 Td (AR) Tj ET Q q 0 0 1 rg BT 80.46 665.43 Td (T) Tj ET Q q 0 0 1 rg BT 86.95 665.43 Td ( I. FINANCIAL) Tj ET Q q 0 0 1 rg BT 154.46 665.43 Td ( INFORMA) Tj ET Q q 0 0 1 rg BT 205.10 665.43 Td (TION) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 649.0833984375 m 175.4189453125 649.0833984375 l s q 0 0 1 rg BT 61.00 650.42 Td (Item 1. Financial Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 633.0833984375 m 498.71484375 633.0833984375 l s q 0 0 1 rg BT 111.00 634.42 Td (Condensed Consolidated Statements of Financial Position as of March 31, 2018 \(unaudited\) and ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 623.0833984375 m 189.583984375 623.0833984375 l s q 0 0 1 rg BT 111.00 624.42 Td (December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 607.0833984375 m 501.2783203125 607.0833984375 l s q 0 0 1 rg BT 111.00 608.42 Td (Condensed Consolidated Statements of Income and Comprehensive Income for the ) Tj ET Q q 0 0 1 rg BT 446.29 608.42 Td (Three Month ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 597.0833984375 m 323.177734375 597.0833984375 l s q 0 0 1 rg BT 111.00 598.42 Td (Periods Ended March 31, 2018 and 2017 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 581.0833984375 m 501.1123046875 581.0833984375 l s q 0 0 1 rg BT 111.00 582.42 Td (Condensed Consolidated Statements of Shareholders) Tj ET Q q 0 0 1 rg BT 325.22 582.42 Td ( Equity for the ) Tj ET Q q 0 0 1 rg BT 385.58 582.42 Td (Three Month Periods Ended ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 571.0833984375 m 262.630859375 571.0833984375 l s q 0 0 1 rg BT 111.00 572.42 Td (March 31, 2018 and 2017 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 555.0833984375 m 507.7041015625 555.0833984375 l s q 0 0 1 rg BT 111.00 556.42 Td (Condensed Consolidated Statements of Cash Flows for the ) Tj ET Q q 0 0 1 rg BT 348.57 556.42 Td (Three Month Periods Ended March 31, ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 545.0833984375 m 219.0322265625 545.0833984375 l s q 0 0 1 rg BT 111.00 546.42 Td (2018 and 2017 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 111 529.0833984375 m 381.5078125 529.0833984375 l s q 0 0 1 rg BT 111.00 530.42 Td (Notes to Condensed Consolidated Financial Statements \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 500.9833984375 m 450.1162109375 500.9833984375 l s q 0 0 1 rg BT 61.00 502.32 Td (Item 2. Management) Tj ET Q q 0 0 1 rg BT 146.81 502.32 Td (s Discussion and ) Tj ET Q q 0 0 1 rg BT 215.98 502.32 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 472.9833984375 m 333.4462890625 472.9833984375 l s q 0 0 1 rg BT 61.00 474.32 Td (Item 3. Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 256.23 474.32 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 444.9833984375 m 190.140625 444.9833984375 l s q 0 0 1 rg BT 61.00 446.32 Td (Item 4. Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 61 416.86259765625 m 214.5498046875 416.86259765625 l s q 0 0 1 rg BT 61.00 418.43 Td (P) Tj ET Q q 0 0 1 rg BT 66.37 418.43 Td (AR) Tj ET Q q 0 0 1 rg BT 80.46 418.43 Td (T) Tj ET Q q 0 0 1 rg BT 86.95 418.43 Td ( II. OTHER INFORMA) Tj ET Q q 0 0 1 rg BT 188.99 418.43 Td (TION) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 402.9833984375 m 165.9658203125 402.9833984375 l s q 0 0 1 rg BT 61.00 404.32 Td (Item 1. Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 374.9833984375 m 149.3251953125 374.9833984375 l s q 0 0 1 rg BT 61.00 376.32 Td (Item 1A. Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 346.9833984375 m 333.4267578125 346.9833984375 l s q 0 0 1 rg BT 61.00 348.32 Td (Item 2. Unregistered Sales of Equity Securities and Use of Proceeds) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 318.9833984375 m 220.9658203125 318.9833984375 l s q 0 0 1 rg BT 61.00 320.32 Td (Item 3. Defaults Upon Senior Securities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 290.9833984375 m 190.140625 290.9833984375 l s q 0 0 1 rg BT 61.00 292.32 Td (Item 4. Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 262.9833984375 m 164.857421875 262.9833984375 l s q 0 0 1 rg BT 61.00 264.32 Td (Item 5. Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 61 234.9833984375 m 125.16015625 234.9833984375 l s q 0 0 1 rg BT 61.00 236.32 Td (Item 6. Exhibits) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 61 206.86259765625005 m 119.7158203125 206.86259765625005 l s q 0 0 1 rg BT 61.00 208.43 Td (SIGNA) Tj ET Q q 0 0 1 rg BT 91.93 208.43 Td (TURE) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 537.5 623.0833984375 m 542.5 623.0833984375 l s q 0 0 0.8 rg BT 537.50 624.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 537.5 597.0833984375 m 542.5 597.0833984375 l s q 0 0 0.8 rg BT 537.50 598.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 537.5 571.0833984375 m 542.5 571.0833984375 l s q 0 0 0.8 rg BT 537.50 572.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 537.5 545.0833984375 m 542.5 545.0833984375 l s q 0 0 0.8 rg BT 537.50 546.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 537.5 529.0833984375 m 542.5 529.0833984375 l s q 0 0 0.8 rg BT 537.50 530.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 500.9833984375 m 545 500.9833984375 l s q 0 0 0.8 rg BT 535.00 502.32 Td (27) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 472.9833984375 m 545 472.9833984375 l s q 0 0 0.8 rg BT 535.00 474.32 Td (47) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 444.9833984375 m 545 444.9833984375 l s q 0 0 0.8 rg BT 535.00 446.32 Td (47) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 402.9833984375 m 545 402.9833984375 l s q 0 0 0.8 rg BT 535.00 404.32 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 374.9833984375 m 545 374.9833984375 l s q 0 0 0.8 rg BT 535.00 376.32 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 346.9833984375 m 545 346.9833984375 l s q 0 0 0.8 rg BT 535.00 348.32 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 318.9833984375 m 545 318.9833984375 l s q 0 0 0.8 rg BT 535.00 320.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 290.9833984375 m 545 290.9833984375 l s q 0 0 0.8 rg BT 535.00 292.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 262.9833984375 m 545 262.9833984375 l s q 0 0 0.8 rg BT 535.00 264.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 234.9833984375 m 545 234.9833984375 l s q 0 0 0.8 rg BT 535.00 236.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0.8 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 535 206.9833984375 m 545 206.9833984375 l s q 0 0 0.8 rg BT 535.00 208.32 Td (50) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 55.37 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 69.46 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 75.95 742.25 Td ( I. FINANCIAL) Tj ET Q q 0 0 0 rg BT 143.46 742.25 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 194.10 742.25 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td (Item1. Financial Statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.25 698.25 Td (A) Tj ET Q q 0 0 0 rg BT 225.73 698.25 Td (TLAS FINANCIAL) Tj ET Q q 0 0 0 rg BT 310.47 698.25 Td ( HOLDINGS, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.45 681.25 Td (CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 260.56 681.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 295.11 681.25 Td (A) Tj ET Q q 0 0 0 rg BT 301.59 681.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 366.51 681.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 425.13 681.25 Td ( POSITION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.75 664.25 Td (\($ in 000s, except for share and per share data\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 627.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 627.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 627.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 599.75 352.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 599.75 80.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 599.75 80.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 560.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 560.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 560.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 532.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 532.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 532.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 504.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 504.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 504.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 476.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 476.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 476.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 448.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 448.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 448.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 420.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 420.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 420.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 392.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 392.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 392.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 364.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 364.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 364.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 336.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 336.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 336.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 309.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 309.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 309.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 281.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 281.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 281.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 253.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 253.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 253.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 225.75 352.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 225.75 80.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 225.75 80.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 155.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 155.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 155.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 116.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 116.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 116.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 88.75 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 88.75 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 88.75 80.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 650.75 m 481.5 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 627.75 m 481.5 627.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 650.75 m 561.5 650.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 627.75 m 561.5 627.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 546.75 m 481.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 546.75 m 561.5 546.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 364.75 m 481.5 364.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 351.75 m 481.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 349.75 m 481.5 349.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 364.75 m 561.5 364.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 351.75 m 561.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 349.75 m 561.5 349.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 267.75 m 481.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 253.75 m 481.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 267.75 m 561.5 267.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 253.75 m 561.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 88.75 m 481.5 88.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 88.75 m 561.5 88.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 74.75 m 481.5 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 61.75 m 481.5 61.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 59.75 m 481.5 59.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 74.75 m 561.5 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 61.75 m 561.5 61.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 59.75 m 561.5 59.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.90 641.48 Td (Mar) Tj ET Q q 0 0 0 rg BT 426.69 641.48 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.95 631.48 Td (\(unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.90 641.48 Td (December) Tj ET Q q 0 0 0 rg BT 535.02 641.48 Td ( 31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.00 631.48 Td (2017) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 211.65 616.86259765625 m 238.3150390625 616.86259765625 l s q 0 0 0 rg BT 211.65 618.43 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 604.32 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 589.42 Td (Fixed income securities, available for sale, at fair value \(amortized cost $152,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 579.42 Td (and $158,41) Tj ET Q q 0 0 0 rg BT 119.25 579.42 Td (1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 579.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 579.42 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 579.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 579.42 Td (157,984) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 565.32 Td (Equity securities, at fair value \(cost $6,966 and $7,969\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 565.32 Td (7,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 565.32 Td (8,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 551.32 Td (Other investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 551.32 Td (30,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 551.32 Td (31,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 537.32 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 537.32 Td (otal Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 537.32 Td (186,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 537.32 Td (197,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 523.32 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 523.32 Td (52,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 523.32 Td (45,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 509.32 Td (Accrued investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 509.32 Td (1,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 509.32 Td (1,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 495.32 Td (Premiums receivable \(net of allowance of $3,656 and $3,418\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 495.32 Td (101,412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 495.32 Td (79,664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 481.32 Td (Reinsurance recoverables on amounts paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 481.32 Td (9,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 481.32 Td (7,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 467.32 Td (Reinsurance recoverables on amounts unpaid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 467.32 Td (52,316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 467.32 Td (53,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 453.32 Td (Prepaid reinsurance premiums) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 453.32 Td (14,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 453.32 Td (12,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 439.32 Td (Deferred policy acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 439.32 Td (19,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 439.32 Td (14,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 425.32 Td (Deferred tax asset, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 425.32 Td (16,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 425.32 Td (16,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 411.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 411.32 Td (2,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 411.32 Td (2,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 397.32 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 397.32 Td (4,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 397.32 Td (4,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 383.32 Td (Property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 383.32 Td (27,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 383.32 Td (24,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 369.32 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 369.32 Td (18,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 369.32 Td (20,754) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.00 355.43 Td (T) Tj ET Q q 0 0 0 rg BT 93.75 355.43 Td (otal ) Tj ET Q q 0 0 0 rg BT 111.81 355.43 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 355.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 355.32 Td (507,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 355.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 355.32 Td (482,503) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 203.6 339.86259765625 m 246.383203125 339.86259765625 l s q 0 0 0 rg BT 203.60 341.43 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 327.32 Td (Claims liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 327.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 327.32 Td (204,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 327.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 327.32 Td (21) Tj ET Q q 0 0 0 rg BT 535.15 327.32 Td (1,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 313.32 Td (Unearned premium reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 313.32 Td (156,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 313.32 Td (128,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 300.32 Td (Due to reinsurers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 300.32 Td (10,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 300.32 Td (8,41) Tj ET Q q 0 0 0 rg BT 552.65 300.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 286.32 Td (Notes payable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 286.32 Td (24,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 286.32 Td (24,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 272.32 Td (Other liabilities and accrued expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 272.32 Td (20,647) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 272.32 Td (19,725) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.00 258.43 Td (T) Tj ET Q q 0 0 0 rg BT 93.75 258.43 Td (otal Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 258.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 258.32 Td (416,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 258.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 258.32 Td (391,858) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.00 244.43 Td (Commitments and contingencies \(see Note 8\)) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 179.65 228.86259765625005 m 270.3189453125 228.86259765625005 l s q 0 0 0 rg BT 179.65 230.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 200.03 230.43 Td (eholders' Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 215.87 Td (Ordinary voting common shares, $0.003 par value, 266,666,667 shares authorized,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 205.87 Td (shares issued: March 31, 2018 - 12,192,475 and December 31, 2017 - 12,164,041;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 195.87 Td (shares outstanding: March 31, 2018 - 1) Tj ET Q q 0 0 0 rg BT 208.18 195.87 Td (1,936,970 and December 31, 2017 -) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 185.87 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 185.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 185.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 185.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 185.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 170.87 Td (Restricted voting common shares, $0.003 par value, 33,333,334 shares authorized,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 160.87 Td (shares issued and outstanding: March 31, 2018 and December 31, 2017 - 0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 160.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 160.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 146.32 Td (Additional paid-in capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 146.32 Td (201,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 146.32 Td (201,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 131.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.93 131.42 Td (reasury stock, at cost: March 31, 2018 - 255,505 and December 31, 2017 - 0 shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 121.42 Td (of ordinary voting common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 121.47 Td (\(3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 121.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 121.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 107.32 Td (Retained deficit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 107.37 Td (\(104,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 107.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 107.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 530.13 107.37 Td (10,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 107.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 93.32 Td (Accumulated other comprehensive \(loss\) income, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 93.37 Td (\(2,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 93.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 93.32 Td (39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.00 79.43 Td (T) Tj ET Q q 0 0 0 rg BT 93.75 79.43 Td (otal Shar) Tj ET Q q 0 0 0 rg BT 132.74 79.43 Td (eholders' Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 79.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 79.32 Td (91,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 79.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 79.32 Td (90,645) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.00 65.43 Td (T) Tj ET Q q 0 0 0 rg BT 93.75 65.43 Td (otal Liabilities and Shar) Tj ET Q q 0 0 0 rg BT 196.65 65.43 Td (eholders' Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 65.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 65.32 Td (507,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 65.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 65.32 Td (482,503) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.90 46.25 Td (See accompanying Notes to Condensed Consolidated Financial Statements.) Tj ET Q endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.25 713.25 Td (A) Tj ET Q q 0 0 0 rg BT 225.73 713.25 Td (TLAS FINANCIAL) Tj ET Q q 0 0 0 rg BT 310.47 713.25 Td ( HOLDINGS, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.95 696.25 Td (CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 213.06 696.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 247.61 696.25 Td (A) Tj ET Q q 0 0 0 rg BT 254.09 696.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 319.01 696.25 Td ( INCOME ) Tj ET Q q 0 0 0 rg BT 365.68 696.25 Td (AND COMPREHENSIVE INCOME) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.75 679.25 Td (\($ in 000s, except for share and per share data\) ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 625.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 625.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 625.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 595.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 595.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 595.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 565.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 565.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 565.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 535.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 535.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 535.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 505.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 505.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 505.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 475.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 475.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 475.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 445.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 445.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 445.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 415.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 415.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 415.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 385.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 385.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 385.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 355.75 362.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 355.75 75.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 355.75 75.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 328.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 328.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 328.75 75.00 -15.00 re f /GS0 gs 0.8 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625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 625.75 m 486.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 625.75 m 561.5 625.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 550.75 m 486.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 550.75 m 561.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 550.75 m 486.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 550.75 m 561.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 445.75 m 486.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 430.75 m 486.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 445.75 m 561.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 430.75 m 561.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 430.75 m 486.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 430.75 m 561.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 400.75 m 486.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 400.75 m 561.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 370.75 m 486.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 356.75 m 486.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 354.75 m 486.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 370.75 m 561.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 356.75 m 561.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 354.75 m 561.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 158.75 m 486.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 143.75 m 486.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 158.75 m 561.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 143.75 m 561.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 143.75 m 486.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 129.75 m 486.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 127.75 m 486.5 127.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 143.75 m 561.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 129.75 m 561.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 127.75 m 561.5 127.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 654.43 Td (Condensed Consolidated Statements of Income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 654.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 441.68 654.43 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.40 640.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 434.19 640.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.45 630.43 Td (\(unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.40 640.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 509.10 640.43 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.45 630.43 Td (\(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 615.42 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 615.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 615.42 Td (55,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 615.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 615.42 Td (48,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 600.42 Td (Net investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 600.42 Td (964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 600.42 Td (1,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 585.42 Td (\(Loss\) income from change in fair value of equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 585.47 Td (\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 570.42 Td (Net realized gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 570.42 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 570.42 Td (134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 555.42 Td (Other income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 555.42 Td (164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 555.42 Td (1) Tj ET Q q 0 0 0 rg BT 547.65 555.42 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 540.43 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 540.43 Td (otal r) Tj ET Q q 0 0 0 rg BT 80.62 540.43 Td (evenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 540.42 Td (57,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 540.42 Td (49,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 525.42 Td (Net claims incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 525.42 Td (35,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 525.42 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 510.42 Td (Acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 510.42 Td (5,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 510.42 Td (5,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 495.42 Td (Other underwriting expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 495.42 Td (9,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 495.42 Td (7,591) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 480.42 Td (Amortization of intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 480.42 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 480.42 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 465.42 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 465.42 Td (455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 465.42 Td (268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 450.42 Td (Expenses recovered pursuant to stock purchase agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 450.47 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 450.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 450.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 435.43 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 435.43 Td (otal expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 435.42 Td (50,373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 435.42 Td (42,352) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 420.43 Td (Income fr) Tj ET Q q 0 0 0 rg BT 93.75 420.43 Td (om operations befor) Tj ET Q q 0 0 0 rg BT 179.67 420.43 Td (e income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 420.42 Td (6,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 420.42 Td (7,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 405.42 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 405.42 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 405.42 Td (2,613) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 390.43 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 390.42 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 390.42 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 375.42 Td (Less: Preferred share dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 375.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 375.42 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 360.43 Td (Net income attributable to common shar) Tj ET Q q 0 0 0 rg BT 224.85 360.43 Td (eholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 360.42 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 360.42 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 333.42 Td (Basic weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 333.42 Td (12,140,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 333.42 Td (12,045,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 318.42 Td (Earnings per common share basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 318.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 318.42 Td (0.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 318.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 318.42 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 303.42 Td (Diluted weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 303.42 Td (12,198,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 303.42 Td (12,200,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 288.42 Td (Earnings per common share diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 288.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 288.42 Td (0.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 288.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 288.42 Td (0.40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 261.43 Td (Condensed Consolidated Statements of Compr) Tj ET Q q 0 0 0 rg BT 251.27 261.43 Td (ehensive Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 234.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 234.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 234.42 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 234.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 234.42 Td (4,852) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 208.43 Td (Other) Tj ET Q q 0 0 0 rg BT 77.37 208.43 Td ( compr) Tj ET Q q 0 0 0 rg BT 107.45 208.43 Td (ehensive \(loss\) income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 193.42 Td (Changes in net unrealized investment \(losses\) gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 193.47 Td (\(2,768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 193.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 193.42 Td (349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 178.42 Td (Reclassification to net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 178.42 Td (158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 178.47 Td (\(89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 178.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 163.42 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.26 163.42 Td (fect of income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 163.42 Td (549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 163.47 Td (\(91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 163.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 148.43 Td (Other) Tj ET Q q 0 0 0 rg BT 77.37 148.43 Td ( compr) Tj ET Q q 0 0 0 rg BT 107.45 148.43 Td (ehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 148.47 Td (\(2,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 148.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 148.42 Td (169) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 133.43 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 133.43 Td (otal compr) Tj ET Q q 0 0 0 rg BT 103.95 133.43 Td (ehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 133.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 133.42 Td (3,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 133.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 133.42 Td (5,021) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.90 112.25 Td (See accompanying Notes to Condensed Consolidated Financial Statements.) 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ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.25 650.83 Td (holders) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.40 642.83 Td (Equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 628.28 Td (Balance December) Tj ET Q q 0 0 0 rg BT 132.51 628.28 Td ( 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 628.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 628.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 628.27 Td (199,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 628.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 628.32 Td (\(71,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 628.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 628.32 Td (\(220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 628.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 628.27 Td (127,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 613.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 613.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 613.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 613.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 613.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 613.27 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 613.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 613.27 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 598.27 Td (Other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 598.27 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 598.27 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 583.27 Td (Share-based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 583.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 583.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 583.27 Td (320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 583.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 583.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 583.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 583.27 Td (320) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 568.28 Td (Balance Mar) Tj ET Q q 0 0 0 rg BT 108.08 568.28 Td (ch 31, 2017 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 568.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 568.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 568.27 Td (199,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 568.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 568.32 Td (\(66,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 568.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.30 568.32 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 568.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 568.27 Td (132,683) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 538.28 Td (Balance December) Tj ET Q q 0 0 0 rg BT 132.51 538.28 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 538.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 538.27 Td (201,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 538.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 538.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 417.13 538.32 Td (10,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 538.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 538.27 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 538.27 Td (90,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 523.27 Td (Cumulative ef) Tj ET Q q 0 0 0 rg BT 109.75 523.27 Td (fect of new accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 513.27 Td (principle in period of adoption) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 513.27 Td (377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 513.32 Td (\(377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 513.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 513.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 498.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 498.27 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 498.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 498.27 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 483.27 Td (Repurchase of common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.80 483.32 Td (\(3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 483.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 483.32 Td (\(3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 468.27 Td (Other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 468.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 468.32 Td (\(2,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 468.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 468.32 Td (\(2,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 468.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 453.27 Td (Share-based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 453.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 453.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 453.27 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 453.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 453.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 453.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 453.27 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 438.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.30 438.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 438.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 438.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 438.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 423.28 Td (Balance Mar) Tj ET Q q 0 0 0 rg BT 108.08 423.28 Td (ch 31, 2018 \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 423.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 423.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 423.27 Td (201,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.80 423.32 Td (\(3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 423.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 423.32 Td (\(104,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 423.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 423.32 Td (\(2,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.65 423.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 423.27 Td (91,390) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.90 402.10 Td (See accompanying Notes to Condensed Consolidated Financial Statements.) 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 156.00 725.25 Td (CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 281.11 725.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 315.66 725.25 Td (A) Tj ET Q q 0 0 0 rg BT 322.14 725.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 387.06 725.25 Td ( CASH FLOWS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 708.25 Td (\($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 655.75 352.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 655.75 80.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 655.75 80.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 630.75 352.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 630.75 80.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 630.75 80.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 606.75 352.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 606.75 80.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 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10.00 Tf ET q 0 0 0 rg BT 404.00 633.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 633.37 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 633.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 633.37 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 621.37 Td (Adjustments to reconcile net income to net cash flows provided by operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 609.37 Td (Depreciation and amortization of property and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 609.37 Td (678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 609.37 Td (273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 597.37 Td (Share-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 597.37 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 597.37 Td (320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 585.37 Td (Amortization of deferred gain on sale of headquarters building) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 585.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 585.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 552.63 585.37 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 585.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 573.37 Td (Amortization of intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 573.37 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 573.37 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 561.37 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 561.37 Td (1,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 561.37 Td (210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 549.37 Td (Loss from change in fair value of equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 549.37 Td (128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 549.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 537.37 Td (Net realized gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.30 537.37 Td (\(293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 537.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 537.37 Td (\(134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 537.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 525.37 Td (Gain in equity of investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 525.37 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 525.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 525.37 Td (\(206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 525.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 513.37 Td (Amortization of bond premiums and discounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 513.37 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 513.37 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 501.37 Td (Amortization of financing costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 501.37 Td (56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 501.37 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 489.48 Td (Net changes in operating assets and liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 477.37 Td (Accrued investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.30 477.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 467.63 477.37 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 477.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 477.37 Td (\(21) Tj ET Q q 0 0 0 rg BT 552.63 477.37 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 477.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 465.37 Td (Premiums receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 465.37 Td (\(21,748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 465.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 465.37 Td (\(30,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 465.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 453.37 Td (Due from reinsurers and prepaid reinsurance premiums) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 453.37 Td (\(2,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 453.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 453.37 Td (1,238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 441.37 Td (Deferred policy acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 441.37 Td (\(4,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 441.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 441.37 Td (\(5,536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 441.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 429.37 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 429.37 Td (2,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 429.37 Td (1,437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 417.37 Td (Claims liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 417.37 Td (\(6,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 417.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 417.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.13 417.37 Td (1,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 417.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 405.37 Td (Unearned premium reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 405.37 Td (28,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 405.37 Td (38,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 393.37 Td (Due to reinsurers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 393.37 Td (1,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 393.37 Td (1,1) Tj ET Q q 0 0 0 rg BT 547.65 393.37 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 381.37 Td (Other liabilities and accrued expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 381.37 Td (922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 381.37 Td (868) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 369.48 Td (Net cash flows pr) Tj ET Q q 0 0 0 rg BT 125.42 369.48 Td (ovided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 369.37 Td (4,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 369.37 Td (1,557) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 357.48 Td (Investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 345.37 Td (Purchases of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 333.37 Td (Fixed income securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 333.37 Td (\(21,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 333.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 333.37 Td (\(7,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 333.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 321.37 Td (Equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.30 321.37 Td (\(500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 321.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 321.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 309.37 Td (Other investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.30 309.37 Td (\(953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 309.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 309.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 297.37 Td (Property) Tj ET Q q 0 0 0 rg BT 92.11 297.37 Td (, equipment and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 297.37 Td (\(3,239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 297.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 297.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 547.63 297.37 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 297.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 285.37 Td (Proceeds from sale and maturity of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 273.37 Td (Fixed income securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 273.37 Td (27,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 273.37 Td (10,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 261.37 Td (Equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 261.37 Td (1,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 261.37 Td (1,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 249.37 Td (Other investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 249.37 Td (2,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 249.37 Td (1) Tj ET Q q 0 0 0 rg BT 547.65 249.37 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 237.48 Td (Net cash flows pr) Tj ET Q q 0 0 0 rg BT 125.42 237.48 Td (ovided by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 237.32 Td (5,420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 237.32 Td (3,933) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 224.48 Td (Financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 211.37 Td (Repurchase of common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 211.37 Td (\(3,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 211.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 211.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 199.37 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 199.37 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 199.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 199.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 187.48 Td (Net cash flows used in financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 187.37 Td (\(3,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 187.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 187.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 175.37 Td (Increase in cash position) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 175.37 Td (7,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 175.37 Td (5,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 163.37 Td (Cash position, Beginning of Period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 163.37 Td (45,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 163.37 Td (29,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 151.37 Td (Cash position, End of Period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 151.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 151.37 Td (52,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 151.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 151.37 Td (35,378) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 135.48 Td (Supplemental disclosur) Tj ET Q q 0 0 0 rg BT 151.56 135.48 Td (e of cash information:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 123.37 Td (Cash \(recovered\) paid for:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 111.37 Td (Income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 111.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 111.37 Td (\(1,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 111.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 111.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 111.37 Td (\(196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 111.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 99.37 Td (Interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 99.37 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 99.37 Td (241) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.90 80.25 Td (See accompanying Notes to Condensed Consolidated Financial Statements.) Tj ET Q endstream endobj 15 0 obj <>] /Rotate 0 /Contents 16 0 R>> endobj 16 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.25 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 225.73 742.25 Td (TLAS FINANCIAL) Tj ET Q q 0 0 0 rg BT 310.47 742.25 Td ( HOLDINGS, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.55 725.25 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 151.77 725.25 Td (T) Tj ET Q q 0 0 0 rg BT 158.26 725.25 Td (O CONDENSEDCONSOLIDA) Tj ET Q q 0 0 0 rg BT 293.65 725.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 372.83 725.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 386.82 725.25 Td (A) Tj ET Q q 0 0 0 rg BT 393.30 725.25 Td (TEMENTS \(Unaudited\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 686.25 Td (1. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 686.25 Td (NA) Tj ET Q q 0 0 0 rg BT 90.70 686.25 Td (TURE ) Tj ET Q q 0 0 0 rg BT 120.98 686.25 Td (OF) Tj ET Q q 0 0 0 rg BT 134.50 686.25 Td ( ) Tj ET Q q 0 0 0 rg BT 137.00 686.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 171.26 686.25 Td (TIONS ) Tj ET Q q 0 0 0 rg BT 204.33 686.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 228.49 686.25 Td (BASIS ) Tj ET Q q 0 0 0 rg BT 259.90 686.25 Td (OF) Tj ET Q q 0 0 0 rg BT 273.42 686.25 Td ( ) Tj ET Q q 0 0 0 rg BT 275.92 686.25 Td (PRESENT) Tj ET Q q 0 0 0 rg BT 321.30 686.25 Td (A) Tj ET Q q 0 0 0 rg BT 327.78 686.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.52 669.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 113.13 669.25 Td (Holdings, ) Tj ET Q q 0 0 0 rg BT 154.71 669.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 172.39 669.25 Td (\(Atlas ) Tj ET Q q 0 0 0 rg BT 208.11 669.25 Td (or ) Tj ET Q q 0 0 0 rg BT 218.85 669.25 Td (W) Tj ET Q q 0 0 0 rg BT 231.92 669.25 Td (e ) Tj ET Q q 0 0 0 rg BT 243.21 669.25 Td (or ) Tj ET Q q 0 0 0 rg BT 253.95 669.25 Td (the ) Tj ET Q q 0 0 0 rg BT 268.57 669.25 Td (Company\) ) Tj ET Q q 0 0 0 rg BT 322.07 669.25 Td (commenced ) Tj ET Q q 0 0 0 rg BT 372.79 669.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 416.85 669.25 Td (on ) Tj ET Q q 0 0 0 rg BT 429.26 669.25 Td (December ) Tj ET Q q 0 0 0 rg BT 472.75 669.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 487.66 669.25 Td (2010. ) Tj ET Q q 0 0 0 rg BT 512.39 669.25 Td (The ) Tj ET Q q 0 0 0 rg BT 530.34 669.25 Td (primary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.25 Td (business ) Tj ET Q q 0 0 0 rg BT 85.87 657.25 Td (of ) Tj ET Q q 0 0 0 rg BT 95.74 657.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 118.83 657.25 Td (is ) Tj ET Q q 0 0 0 rg BT 127.48 657.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 181.12 657.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 230.30 657.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 277.27 657.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 317.56 657.25 Td (in ) Tj ET Q q 0 0 0 rg BT 327.32 657.25 Td (the ) Tj ET Q q 0 0 0 rg BT 341.52 657.25 Td (United ) Tj ET Q q 0 0 0 rg BT 370.71 657.25 Td (States, ) Tj ET Q q 0 0 0 rg BT 399.08 657.25 Td (with ) Tj ET Q q 0 0 0 rg BT 418.84 657.25 Td (a ) Tj ET Q q 0 0 0 rg BT 425.26 657.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 448.89 657.25 Td (market ) Tj ET Q q 0 0 0 rg BT 478.64 657.25 Td (orientation ) Tj ET Q q 0 0 0 rg BT 523.94 657.25 Td (and ) Tj ET Q q 0 0 0 rg BT 540.35 657.25 Td (focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.25 Td (on ) Tj ET Q q 0 0 0 rg BT 62.15 645.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 102.61 645.25 Td (for ) Tj ET Q q 0 0 0 rg BT 116.41 645.25 Td (the ) Tj ET Q q 0 0 0 rg BT 130.78 645.25 Td (light ) Tj ET Q q 0 0 0 rg BT 160.13 645.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 209.48 645.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 256.61 645.25 Td (sector) Tj ET Q q 0 0 0 rg BT 279.94 645.25 Td (.) Tj ET Q q 0 0 0 rg BT 284.76 645.25 Td (This ) Tj ET Q q 0 0 0 rg BT 304.68 645.25 Td (sector ) Tj ET Q q 0 0 0 rg BT 330.71 645.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 366.18 645.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 383.32 645.25 Td (cabs, ) Tj ET Q q 0 0 0 rg BT 405.73 645.25 Td (non-emer) Tj ET Q q 0 0 0 rg BT 443.87 645.25 Td (gency ) Tj ET Q q 0 0 0 rg BT 469.89 645.25 Td (para-transit, ) Tj ET Q q 0 0 0 rg BT 520.07 645.25 Td (limousine, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.25 Td (livery ) Tj ET Q q 0 0 0 rg BT 76.53 633.25 Td (and ) Tj ET Q q 0 0 0 rg BT 94.18 633.25 Td (business ) Tj ET Q q 0 0 0 rg BT 131.28 633.25 Td (autos. ) Tj ET Q q 0 0 0 rg BT 158.09 633.25 Td ( ) Tj ET Q q 0 0 0 rg BT 160.59 633.25 Td (Automobile ) Tj ET Q q 0 0 0 rg BT 211.57 633.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 253.09 633.25 Td (products ) Tj ET Q q 0 0 0 rg BT 290.74 633.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 324.49 633.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 366.02 633.25 Td (coverage ) Tj ET Q q 0 0 0 rg BT 405.31 633.25 Td (in ) Tj ET Q q 0 0 0 rg BT 416.29 633.25 Td (three ) Tj ET Q q 0 0 0 rg BT 439.48 633.25 Td (major ) Tj ET Q q 0 0 0 rg BT 466.02 633.25 Td (areas: ) Tj ET Q q 0 0 0 rg BT 492.54 633.25 Td (liability) Tj ET Q q 0 0 0 rg BT 523.00 633.25 Td (, ) Tj ET Q q 0 0 0 rg BT 528.71 633.25 Td (accident ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.25 Td (benefits ) Tj ET Q q 0 0 0 rg BT 84.07 621.25 Td (and ) Tj ET Q q 0 0 0 rg BT 100.92 621.25 Td (physical ) Tj ET Q q 0 0 0 rg BT 136.66 621.25 Td (damage. ) Tj ET Q q 0 0 0 rg BT 172.67 621.25 Td (Liability ) Tj ET Q q 0 0 0 rg BT 209.52 621.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 250.25 621.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 287.11 621.25 Td (coverage, ) Tj ET Q q 0 0 0 rg BT 328.11 621.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 358.85 621.25 Td (to ) Tj ET Q q 0 0 0 rg BT 369.04 621.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 396.45 621.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 421.08 621.25 Td (and ) Tj ET Q q 0 0 0 rg BT 437.93 621.25 Td (conditions ) Tj ET Q q 0 0 0 rg BT 482.01 621.25 Td (where ) Tj ET Q q 0 0 0 rg BT 508.85 621.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.49 621.25 Td (insured ) Tj ET Q q 0 0 0 rg BT 555.34 621.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 97.54 609.25 Td (to ) Tj ET Q q 0 0 0 rg BT 107.87 609.25 Td (be ) Tj ET Q q 0 0 0 rg BT 119.87 609.25 Td (responsible ) Tj ET Q q 0 0 0 rg BT 167.97 609.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 196.07 609.25 Td (liable ) Tj ET Q q 0 0 0 rg BT 220.84 609.25 Td (for ) Tj ET Q q 0 0 0 rg BT 235.06 609.25 Td (an ) Tj ET Q q 0 0 0 rg BT 247.05 609.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 294.60 609.25 Td (accident, ) Tj ET Q q 0 0 0 rg BT 332.96 609.25 Td (for ) Tj ET Q q 0 0 0 rg BT 347.18 609.25 Td (the ) Tj ET Q q 0 0 0 rg BT 361.95 609.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 398.94 609.25 Td (for ) Tj ET Q q 0 0 0 rg BT 413.16 609.25 Td (injuries ) Tj ET Q q 0 0 0 rg BT 445.71 609.25 Td (and ) Tj ET Q q 0 0 0 rg BT 462.71 609.25 Td (property ) Tj ET Q q 0 0 0 rg BT 499.14 609.25 Td (damage ) Tj ET Q q 0 0 0 rg BT 532.79 609.25 Td (to ) Tj ET Q q 0 0 0 rg BT 543.12 609.25 Td (third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.25 Td (parties. ) Tj ET Q q 0 0 0 rg BT 82.61 597.25 Td (Accident ) Tj ET Q q 0 0 0 rg BT 123.14 597.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 155.33 597.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 190.87 597.25 Td (or ) Tj ET Q q 0 0 0 rg BT 203.63 597.25 Td (personal ) Tj ET Q q 0 0 0 rg BT 241.94 597.25 Td (injury ) Tj ET Q q 0 0 0 rg BT 270.26 597.25 Td (protection ) Tj ET Q q 0 0 0 rg BT 315.23 597.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 350.77 597.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 385.75 597.25 Td (coverage ) Tj ET Q q 0 0 0 rg BT 426.26 597.25 Td (for ) Tj ET Q q 0 0 0 rg BT 442.35 597.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 462.35 597.25 Td (of ) Tj ET Q q 0 0 0 rg BT 475.11 597.25 Td (income, ) Tj ET Q q 0 0 0 rg BT 511.48 597.25 Td (medical ) Tj ET Q q 0 0 0 rg BT 547.56 597.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.25 Td (rehabilitation ) Tj ET Q q 0 0 0 rg BT 104.75 585.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 142.29 585.25 Td (for ) Tj ET Q q 0 0 0 rg BT 155.38 585.25 Td (insured ) Tj ET Q q 0 0 0 rg BT 186.25 585.25 Td (persons ) Tj ET Q q 0 0 0 rg BT 218.24 585.25 Td (who ) Tj ET Q q 0 0 0 rg BT 236.90 585.25 Td (are ) Tj ET Q q 0 0 0 rg BT 250.54 585.25 Td (injured ) Tj ET Q q 0 0 0 rg BT 280.30 585.25 Td (in ) Tj ET Q q 0 0 0 rg BT 289.52 585.25 Td (an ) Tj ET Q q 0 0 0 rg BT 300.39 585.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 346.82 585.25 Td (accident, ) Tj ET Q q 0 0 0 rg BT 384.06 585.25 Td (regardless ) Tj ET Q q 0 0 0 rg BT 426.04 585.25 Td (of ) Tj ET Q q 0 0 0 rg BT 435.80 585.25 Td (fault. ) Tj ET Q q 0 0 0 rg BT 458.06 585.25 Td (Physical ) Tj ET Q q 0 0 0 rg BT 493.38 585.25 Td (damage ) Tj ET Q q 0 0 0 rg BT 525.91 585.25 Td (coverage ) Tj 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544.22 573.25 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.25 Td (another ) Tj ET Q q 0 0 0 rg BT 81.70 561.25 Td (object ) Tj ET Q q 0 0 0 rg BT 107.85 561.25 Td (or ) Tj ET Q q 0 0 0 rg BT 117.90 561.25 Td (from ) Tj ET Q q 0 0 0 rg BT 139.06 561.25 Td (other ) Tj ET Q q 0 0 0 rg BT 161.32 561.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 181.93 561.25 Td (such ) Tj ET Q q 0 0 0 rg BT 201.98 561.25 Td (as ) Tj ET Q q 0 0 0 rg BT 212.03 561.25 Td (fire ) Tj ET Q q 0 0 0 rg BT 227.62 561.25 Td (or ) Tj ET Q q 0 0 0 rg BT 237.67 561.25 Td (theft. ) Tj ET Q q 0 0 0 rg BT 260.21 561.25 Td (In ) Tj ET Q q 0 0 0 rg BT 270.26 561.25 Td (the ) Tj ET Q q 0 0 0 rg BT 284.20 561.25 Td (short ) Tj ET Q q 0 0 0 rg BT 305.91 561.25 Td (run, ) Tj ET Q q 0 0 0 rg BT 323.46 561.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 370.17 561.25 Td (physical ) Tj ET Q q 0 0 0 rg BT 405.21 561.25 Td (damage ) Tj ET Q q 0 0 0 rg BT 438.02 561.25 Td (and ) Tj ET Q q 0 0 0 rg BT 454.18 561.25 Td (liability ) Tj ET Q q 0 0 0 rg BT 487.01 561.25 Td (coverage ) Tj ET Q q 0 0 0 rg BT 524.81 561.25 Td (generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 86.94 549.25 Td (more ) Tj ET Q q 0 0 0 rg BT 109.99 549.25 Td (predictable ) Tj ET Q q 0 0 0 rg BT 156.90 549.25 Td (results ) Tj ET Q q 0 0 0 rg BT 185.51 549.25 Td (than ) Tj ET Q q 0 0 0 rg BT 205.23 549.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 252.72 549.25 Td (accident ) Tj ET Q q 0 0 0 rg BT 288.53 549.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 318.79 549.25 Td (or ) Tj ET Q q 0 0 0 rg BT 329.62 549.25 Td (personal ) Tj ET Q q 0 0 0 rg BT 366.00 549.25 Td (injury ) Tj ET Q q 0 0 0 rg BT 392.39 549.25 Td (insurance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 532.25 Td ( ) Tj ET Q q 0 0 0 rg BT 75.66 532.25 Td (business ) Tj ET Q q 0 0 0 rg BT 111.51 532.25 Td (is ) Tj ET Q q 0 0 0 rg BT 120.15 532.25 Td (carried ) Tj ET Q q 0 0 0 rg BT 149.86 532.25 Td (out ) Tj ET Q q 0 0 0 rg BT 164.60 532.25 Td (through ) Tj ET Q q 0 0 0 rg BT 197.68 532.25 Td (its ) Tj ET Q q 0 0 0 rg BT 209.09 532.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 254.36 532.25 Td (Subsidiaries: ) Tj ET Q q 0 0 0 rg BT 311.99 532.25 Td (American ) Tj ET Q q 0 0 0 rg BT 353.38 532.25 Td (Country ) Tj ET Q q 0 0 0 rg BT 388.12 532.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 428.95 532.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 469.80 532.25 Td (\(American ) Tj ET Q q 0 0 0 rg BT 518.95 532.25 Td (Country\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (American ) Tj ET Q q 0 0 0 rg BT 91.14 520.25 Td (Service ) Tj ET Q q 0 0 0 rg BT 122.84 520.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 163.43 520.25 Td (Company) Tj ET Q q 0 0 0 rg BT 201.67 520.25 Td (, ) Tj ET Q q 0 0 0 rg BT 205.88 520.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 222.87 520.25 Td (\(American ) Tj ET Q q 0 0 0 rg BT 271.78 520.25 Td (Service\), ) Tj ET Q q 0 0 0 rg BT 313.75 520.25 Td (Gateway ) Tj ET Q q 0 0 0 rg BT 351.01 520.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 391.59 520.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 432.20 520.25 Td (\(Gateway\), ) Tj ET Q q 0 0 0 rg BT 487.49 520.25 Td (and ) Tj ET Q q 0 0 0 rg BT 503.65 520.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 532.58 520.25 Td (Liberty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 90.81 508.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 131.64 508.25 Td (of ) Tj ET Q q 0 0 0 rg BT 141.91 508.25 Td (New ) Tj ET Q q 0 0 0 rg BT 162.45 508.25 Td (Y) Tj ET Q q 0 0 0 rg BT 168.67 508.25 Td (ork ) Tj ET Q q 0 0 0 rg BT 183.94 508.25 Td (\(Global ) Tj ET Q q 0 0 0 rg BT 220.87 508.25 Td (Liberty\); ) Tj ET Q q 0 0 0 rg 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(Plainview ) Tj ET Q q 0 0 0 rg BT 484.27 496.25 Td (Delaware) Tj ET Q q 0 0 0 rg BT 525.35 496.25 Td (s ) Tj ET Q q 0 0 0 rg BT 530.89 496.25 Td (wholly-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (owned ) Tj ET Q q 0 0 0 rg BT 78.86 484.25 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 119.32 484.25 Td (, ) Tj ET Q q 0 0 0 rg BT 124.02 484.25 Td (Plainview ) Tj ET Q q 0 0 0 rg BT 166.22 484.25 Td (Premium ) Tj ET Q q 0 0 0 rg BT 205.09 484.25 Td (Finance ) Tj ET Q q 0 0 0 rg BT 238.95 484.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 280.03 484.25 Td (of ) Tj ET Q q 0 0 0 rg BT 290.57 484.25 Td (California, ) Tj ET Q q 0 0 0 rg BT 335.81 484.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 353.28 484.25 Td (\(Plainview ) Tj ET Q q 0 0 0 rg BT 403.25 484.25 Td (California ) Tj ET Q q 0 0 0 rg BT 450.43 484.25 Td (and ) Tj ET Q q 0 0 0 rg BT 467.07 484.25 Td (together ) Tj ET Q q 0 0 0 rg BT 502.04 484.25 Td (with ) Tj ET Q q 0 0 0 rg BT 522.02 484.25 Td (Plainview ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (Delaware, ) Tj ET Q q 0 0 0 rg BT 93.30 472.25 Td (Plainview\), ) Tj ET Q q 0 0 0 rg BT 150.51 472.25 Td (UBI ) Tj ET Q q 0 0 0 rg BT 170.23 472.25 Td (Holdings ) Tj ET Q q 0 0 0 rg BT 209.40 472.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 227.16 472.25 Td (\(UBI ) Tj ET Q q 0 0 0 rg BT 254.65 472.25 Td (Holdings\) ) Tj ET Q q 0 0 0 rg BT 301.59 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 318.53 472.25 Td (UBI ) Tj ET Q q 0 0 0 rg BT 338.25 472.25 Td (Holdings) Tj ET Q q 0 0 0 rg BT 377.51 472.25 Td ( ) Tj ET Q q 0 0 0 rg BT 380.00 472.25 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 440.27 472.25 Td (subsidiary) Tj ET Q q 0 0 0 rg BT 480.73 472.25 Td (, ) Tj ET Q q 0 0 0 rg BT 485.73 472.25 Td (DriveOn ) Tj ET Q q 0 0 0 rg BT 523.22 472.25 Td (Digital ) Tj ET Q q 0 0 0 rg BT 553.49 472.25 Td (IP) Tj ET Q q 0 0 0 rg BT 562.01 472.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 67.77 460.25 Td (\(DOIP ) Tj ET Q q 0 0 0 rg BT 105.81 460.25 Td (and ) Tj ET Q q 0 0 0 rg BT 122.75 460.25 Td (together ) Tj ET Q q 0 0 0 rg BT 158.01 460.25 Td (with ) Tj ET Q q 0 0 0 rg BT 178.29 460.25 Td (UBI ) Tj ET Q q 0 0 0 rg BT 198.01 460.25 Td (Holdings, ) Tj ET Q q 0 0 0 rg BT 239.68 460.25 Td (UBI\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (The ) Tj ET Q q 0 0 0 rg BT 69.30 443.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 111.92 443.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 164.56 443.25 Td (distribute ) Tj ET Q q 0 0 0 rg BT 206.09 443.25 Td (their ) Tj ET Q q 0 0 0 rg BT 228.17 443.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 270.24 443.25 Td (products ) Tj ET Q q 0 0 0 rg BT 308.43 443.25 Td (through ) Tj ET Q q 0 0 0 rg BT 343.29 443.25 Td (a ) Tj ET Q q 0 0 0 rg BT 351.48 443.25 Td (network ) Tj ET Q q 0 0 0 rg BT 388.00 443.25 Td (of ) Tj ET Q q 0 0 0 rg BT 400.09 443.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 424.38 443.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 477.01 443.25 Td (agents. ) Tj ET Q q 0 0 0 rg BT 508.54 443.25 Td (T) Tj ET Q q 0 0 0 rg BT 513.95 443.25 Td (ogether) Tj ET Q q 0 0 0 rg BT 543.53 443.25 Td (, ) Tj ET Q q 0 0 0 rg BT 549.78 443.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 90.86 431.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 141.75 431.25 Td (are ) Tj ET Q q 0 0 0 rg BT 155.95 431.25 Td (licensed ) Tj ET Q q 0 0 0 rg BT 190.71 431.25 Td (to ) Tj ET Q q 0 0 0 rg BT 200.49 431.25 Td (write ) Tj ET Q q 0 0 0 rg BT 223.03 431.25 Td (property ) Tj ET Q q 0 0 0 rg BT 258.91 431.25 Td (and ) Tj ET Q q 0 0 0 rg BT 275.34 431.25 Td (casualty ) Tj ET Q q 0 0 0 rg BT 310.10 431.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 350.42 431.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.19 431.25 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.19 431.25 Td ( ) Tj ET Q q 0 0 0 rg BT 372.19 431.25 Td (states ) Tj ET Q q 0 0 0 rg BT 396.40 431.25 Td (and ) Tj ET Q q 0 0 0 rg BT 412.84 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 427.05 431.25 Td (District ) Tj ET Q q 0 0 0 rg BT 459.04 431.25 Td (of ) Tj ET Q q 0 0 0 rg BT 469.37 431.25 Td (Columbia ) Tj ET Q q 0 0 0 rg BT 510.81 431.25 Td (in ) Tj ET Q q 0 0 0 rg BT 520.59 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 534.80 431.25 Td (United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (States. ) Tj ET Q q 0 0 0 rg BT 78.13 419.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 101.82 419.25 Td ( ) Tj ET Q q 0 0 0 rg BT 104.06 419.25 Td (core ) Tj ET Q q 0 0 0 rg BT 123.50 419.25 Td (products ) Tj ET Q q 0 0 0 rg BT 160.17 419.25 Td (are ) Tj ET Q q 0 0 0 rg BT 174.61 419.25 Td (actively ) Tj ET Q q 0 0 0 rg BT 208.49 419.25 Td (distributed ) Tj ET Q q 0 0 0 rg BT 253.50 419.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.51 419.25 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.51 419.25 Td ( ) Tj ET Q q 0 0 0 rg BT 275.74 419.25 Td (of ) Tj ET Q q 0 0 0 rg BT 286.30 419.25 Td (those ) Tj ET Q q 0 0 0 rg BT 309.65 419.25 Td (states ) Tj ET Q q 0 0 0 rg BT 334.09 419.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 353.00 419.25 Td (the ) Tj ET Q q 0 0 0 rg BT 367.45 419.25 Td (District ) Tj ET Q q 0 0 0 rg BT 399.68 419.25 Td (of ) Tj ET Q q 0 0 0 rg BT 410.24 419.25 Td (Columbia. ) Tj ET Q q 0 0 0 rg BT 454.25 419.25 Td (The ) Tj ET Q q 0 0 0 rg BT 472.03 419.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 513.13 419.25 Td (Subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.25 Td (share ) Tj ET Q q 0 0 0 rg BT 73.60 407.25 Td (common ) Tj ET Q q 0 0 0 rg BT 111.09 407.25 Td (management ) Tj ET Q q 0 0 0 rg BT 164.68 407.25 Td (and ) Tj ET Q q 0 0 0 rg BT 181.62 407.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 221.88 407.25 Td (infrastructure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 390.25 Td ( ) Tj ET Q q 0 0 0 rg BT 76.20 390.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 112.57 390.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 140.63 390.25 Td (common ) Tj ET Q q 0 0 0 rg BT 178.13 390.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 205.62 390.25 Td (are ) Tj ET Q q 0 0 0 rg BT 220.32 390.25 Td (listed ) Tj ET Q q 0 0 0 rg BT 244.49 390.25 Td (on ) Tj ET Q q 0 0 0 rg BT 256.99 390.25 Td (the ) Tj ET Q q 0 0 0 rg BT 271.70 390.25 Td (NASDAQ ) Tj ET Q q 0 0 0 rg BT 315.87 390.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 339.48 390.25 Td (exchange ) Tj ET Q q 0 0 0 rg BT 379.74 390.25 Td (under ) Tj ET Q q 0 0 0 rg BT 405.00 390.25 Td (the ) Tj ET Q q 0 0 0 rg BT 419.72 390.25 Td (symbol ) Tj ET Q q 0 0 0 rg BT 451.67 390.25 Td (AFH.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (Basis ) Tj ET Q q 0 0 0 rg BT 74.64 373.25 Td (of ) Tj ET Q q 0 0 0 rg BT 85.37 373.25 Td (pr) Tj ET Q q 0 0 0 rg BT 95.19 373.25 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.52 373.25 Td ( ) Tj ET Q q 0 0 0 rg BT 140.92 373.25 Td (- ) Tj ET Q q 0 0 0 rg BT 146.48 373.25 Td (These ) Tj ET Q q 0 0 0 rg BT 172.76 373.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 217.38 373.25 Td (have ) Tj ET Q q 0 0 0 rg BT 238.66 373.25 Td (been ) Tj ET Q q 0 0 0 rg BT 259.94 373.25 Td (prepared ) Tj ET Q q 0 0 0 rg BT 297.32 373.25 Td (in ) Tj ET Q q 0 0 0 rg BT 307.50 373.25 Td (conformity ) Tj ET Q q 0 0 0 rg BT 354.34 373.25 Td (with ) Tj ET Q q 0 0 0 rg BT 374.52 373.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 420.80 373.25 Td (principles ) Tj ET Q q 0 0 0 rg BT 462.63 373.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 502.24 373.25 Td (accepted ) Tj ET Q q 0 0 0 rg BT 539.62 373.25 Td (in ) Tj ET Q q 0 0 0 rg BT 549.80 373.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (United ) Tj ET Q q 0 0 0 rg BT 79.77 361.25 Td (States ) Tj ET Q q 0 0 0 rg BT 106.21 361.25 Td (of ) Tj ET Q q 0 0 0 rg BT 116.53 361.25 Td (America ) Tj ET Q q 0 0 0 rg BT 153.51 361.25 Td (\(U.S. ) Tj ET Q q 0 0 0 rg BT 181.61 361.25 Td (GAAP\). ) Tj ET Q q 0 0 0 rg BT 221.48 361.25 Td (The ) Tj ET Q q 0 0 0 rg BT 239.58 361.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 292.67 361.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 330.21 361.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 374.97 361.25 Td (include ) Tj ET Q q 0 0 0 rg BT 406.96 361.25 Td (the ) Tj ET Q q 0 0 0 rg BT 421.73 361.25 Td (accounts ) Tj ET Q q 0 0 0 rg BT 459.27 361.25 Td (of ) Tj ET Q q 0 0 0 rg BT 469.59 361.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 493.25 361.25 Td (and ) Tj ET Q q 0 0 0 rg BT 510.25 361.25 Td (the ) Tj ET Q q 0 0 0 rg BT 525.02 361.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 556.45 361.25 Td (it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (controls. ) Tj ET Q q 0 0 0 rg BT 88.21 349.25 Td (Equity ) Tj ET Q q 0 0 0 rg BT 118.36 349.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 169.63 349.25 Td (in ) Tj ET Q q 0 0 0 rg BT 180.89 349.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 213.27 349.25 Td (that ) Tj ET Q q 0 0 0 rg BT 231.75 349.25 Td (we ) Tj ET Q q 0 0 0 rg BT 246.90 349.25 Td (do ) Tj ET Q q 0 0 0 rg BT 260.39 349.25 Td (not ) Tj ET Q q 0 0 0 rg BT 276.66 349.25 Td (consolidate, ) Tj ET Q q 0 0 0 rg BT 328.19 349.25 Td (including ) Tj ET Q q 0 0 0 rg BT 369.46 349.25 Td (corporate ) Tj ET Q q 0 0 0 rg BT 410.70 349.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 443.07 349.25 Td (in ) Tj ET Q q 0 0 0 rg BT 454.34 349.25 Td (which ) Tj ET Q q 0 0 0 rg BT 482.27 349.25 Td (we ) Tj ET Q q 0 0 0 rg BT 497.42 349.25 Td (have ) Tj ET Q q 0 0 0 rg BT 519.79 349.25 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (influence ) Tj ET Q q 0 0 0 rg BT 89.68 337.25 Td (and ) Tj ET Q q 0 0 0 rg BT 106.60 337.25 Td (partnership ) Tj ET Q q 0 0 0 rg BT 154.07 337.25 Td (and ) Tj ET Q q 0 0 0 rg BT 170.99 337.25 Td (partnership-like ) Tj ET Q q 0 0 0 rg BT 236.78 337.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 268.15 337.25 Td (in ) Tj ET Q q 0 0 0 rg BT 278.41 337.25 Td (which ) Tj ET Q q 0 0 0 rg BT 305.33 337.25 Td (we ) Tj ET Q q 0 0 0 rg BT 319.47 337.25 Td (have ) Tj ET Q q 0 0 0 rg BT 340.83 337.25 Td (more ) Tj ET Q q 0 0 0 rg BT 363.86 337.25 Td (than ) Tj ET Q q 0 0 0 rg BT 383.56 337.25 Td (minor ) Tj ET Q q 0 0 0 rg BT 409.93 337.25 Td (influence ) Tj ET Q q 0 0 0 rg BT 449.61 337.25 Td (over ) Tj ET Q q 0 0 0 rg BT 469.86 337.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 510.11 337.25 Td (and ) Tj ET Q q 0 0 0 rg BT 527.03 337.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td (policies, ) Tj ET Q q 0 0 0 rg BT 86.66 325.25 Td (are ) Tj ET Q q 0 0 0 rg BT 101.93 325.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 145.52 325.25 Td (for ) Tj ET Q q 0 0 0 rg BT 160.25 325.25 Td (under ) Tj ET Q q 0 0 0 rg BT 186.07 325.25 Td (the ) Tj ET Q q 0 0 0 rg BT 201.35 325.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 229.41 325.25 Td (method ) Tj ET Q q 0 0 0 rg BT 262.46 325.25 Td (unless ) Tj ET Q q 0 0 0 rg BT 290.52 325.25 Td (we ) Tj ET Q q 0 0 0 rg BT 305.24 325.25 Td (have ) Tj ET Q q 0 0 0 rg BT 327.18 325.25 Td (elected ) Tj ET Q q 0 0 0 rg BT 358.55 325.25 Td (the ) Tj ET Q q 0 0 0 rg BT 373.83 325.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 390.77 325.25 Td (value ) Tj ET Q q 0 0 0 rg BT 415.48 325.25 Td (option. ) Tj ET Q q 0 0 0 rg BT 445.92 325.25 Td (All ) Tj ET Q q 0 0 0 rg BT 461.76 325.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 507.04 325.25 Td (intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (accounts ) Tj ET Q q 0 0 0 rg BT 89.05 313.25 Td (and ) Tj ET Q q 0 0 0 rg BT 107.56 313.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 159.39 313.25 Td (have ) Tj ET Q q 0 0 0 rg BT 182.33 313.25 Td (been ) Tj ET Q q 0 0 0 rg BT 205.27 313.25 Td (eliminated. ) Tj ET Q q 0 0 0 rg BT 254.04 313.25 Td (It ) Tj ET Q q 0 0 0 rg BT 264.22 313.25 Td (is ) Tj ET Q q 0 0 0 rg BT 274.95 313.25 Td (the ) Tj ET Q q 0 0 0 rg BT 291.24 313.25 Td (opinion ) Tj ET Q q 0 0 0 rg BT 325.86 313.25 Td (of ) Tj ET Q q 0 0 0 rg BT 338.26 313.25 Td (management ) Tj ET Q q 0 0 0 rg BT 393.41 313.25 Td (that ) Tj ET Q q 0 0 0 rg BT 412.47 313.25 Td (these ) Tj ET Q q 0 0 0 rg BT 437.08 313.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 476.13 313.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 522.41 313.25 Td (reflect ) Tj ET Q q 0 0 0 rg BT 552.01 313.25 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 100.27 301.25 Td (necessary ) Tj ET Q q 0 0 0 rg BT 141.64 301.25 Td (for ) Tj ET Q q 0 0 0 rg BT 155.80 301.25 Td (a ) Tj ET Q q 0 0 0 rg BT 162.74 301.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 179.12 301.25 Td (statement ) Tj ET Q q 0 0 0 rg BT 219.94 301.25 Td (of ) Tj ET Q q 0 0 0 rg BT 230.77 301.25 Td (the ) Tj ET Q q 0 0 0 rg BT 245.48 301.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 276.87 301.25 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.60 284.25 Td (results ) Tj ET Q q 0 0 0 rg BT 97.76 284.25 Td (for ) Tj ET Q q 0 0 0 rg BT 112.48 284.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.75 284.25 Td (three ) Tj ET Q q 0 0 0 rg BT 150.78 284.25 Td (month ) Tj ET Q q 0 0 0 rg BT 179.39 284.25 Td (period ) Tj ET Q q 0 0 0 rg BT 207.99 284.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 234.92 284.25 Td (March ) Tj ET Q q 0 0 0 rg BT 264.08 284.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 279.63 284.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.63 284.25 Td ( ) Tj ET Q q 0 0 0 rg BT 302.68 284.25 Td (are ) Tj ET Q q 0 0 0 rg BT 317.94 284.25 Td (not ) Tj ET Q q 0 0 0 rg BT 333.77 284.25 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 381.25 284.25 Td (indicative ) Tj ET Q q 0 0 0 rg BT 423.73 284.25 Td (of ) Tj ET Q q 0 0 0 rg BT 435.12 284.25 Td (the ) Tj ET Q q 0 0 0 rg BT 450.39 284.25 Td (results ) Tj ET Q q 0 0 0 rg BT 479.55 284.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 518.13 284.25 Td (for ) Tj ET Q q 0 0 0 rg BT 532.85 284.25 Td (the ) Tj ET Q q 0 0 0 rg BT 548.12 284.25 Td (full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td (calendar ) Tj ET Q q 0 0 0 rg BT 86.36 272.25 Td (year) Tj ET Q q 0 0 0 rg BT 103.02 272.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.25 Td (The ) Tj ET Q q 0 0 0 rg BT 70.75 255.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 134.27 255.25 Td (unaudited ) Tj ET Q q 0 0 0 rg BT 178.90 255.25 Td (condensed ) Tj ET Q q 0 0 0 rg BT 226.32 255.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 282.06 255.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 322.25 255.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 372.16 255.25 Td (in ) Tj ET Q q 0 0 0 rg BT 385.15 255.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 435.31 255.25 Td (with ) Tj ET Q q 0 0 0 rg BT 458.30 255.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 502.93 255.25 Td (and ) Tj ET Q q 0 0 0 rg BT 522.58 255.25 Td (Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.25 Td (Commission ) Tj ET Q q 0 0 0 rg BT 102.98 243.25 Td (\(SEC\) ) Tj ET Q q 0 0 0 rg BT 139.28 243.25 Td (rules ) Tj ET Q q 0 0 0 rg BT 161.13 243.25 Td (for ) Tj ET Q q 0 0 0 rg BT 175.21 243.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 206.51 243.25 Td (periods, ) Tj ET Q q 0 0 0 rg BT 240.86 243.25 Td (do ) Tj ET Q q 0 0 0 rg BT 253.28 243.25 Td (not ) Tj ET Q q 0 0 0 rg BT 268.48 243.25 Td (include ) Tj ET Q q 0 0 0 rg BT 300.33 243.25 Td (all ) Tj ET Q q 0 0 0 rg BT 312.74 243.25 Td (of ) Tj ET Q q 0 0 0 rg BT 323.49 243.25 Td (the ) Tj ET Q q 0 0 0 rg BT 338.12 243.25 Td (information ) Tj ET Q q 0 0 0 rg BT 387.75 243.25 Td (and ) Tj ET Q q 0 0 0 rg BT 404.60 243.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 428.13 243.25 Td (required ) Tj ET Q q 0 0 0 rg BT 463.86 243.25 Td (by ) Tj ET Q q 0 0 0 rg BT 476.28 243.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 522.57 243.25 Td (principles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 89.16 231.25 Td (accepted ) Tj ET Q q 0 0 0 rg BT 126.08 231.25 Td (in ) Tj ET Q q 0 0 0 rg BT 135.81 231.25 Td (the ) Tj ET Q q 0 0 0 rg BT 149.99 231.25 Td (United ) Tj ET Q q 0 0 0 rg BT 179.16 231.25 Td (States ) Tj ET Q q 0 0 0 rg BT 205.00 231.25 Td (of ) Tj ET Q q 0 0 0 rg BT 214.85 231.25 Td (America ) Tj ET Q q 0 0 0 rg BT 251.23 231.25 Td (for ) Tj ET Q q 0 0 0 rg BT 264.85 231.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 303.45 231.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 340.39 231.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 384.55 231.25 Td (and ) Tj ET Q q 0 0 0 rg BT 400.94 231.25 Td (should ) Tj ET Q q 0 0 0 rg BT 429.57 231.25 Td (be ) Tj ET Q q 0 0 0 rg BT 440.96 231.25 Td (read ) Tj ET Q q 0 0 0 rg BT 460.12 231.25 Td (in ) Tj ET Q q 0 0 0 rg BT 469.86 231.25 Td (conjunction ) Tj ET Q q 0 0 0 rg BT 519.02 231.25 Td (with ) Tj ET Q q 0 0 0 rg BT 538.32 231.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.02 231.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.25 Td (Annual ) Tj ET Q q 0 0 0 rg BT 82.88 219.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 113.53 219.25 Td (on ) Tj ET Q q 0 0 0 rg BT 126.97 219.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 152.08 219.25 Td (10-K ) Tj ET Q q 0 0 0 rg BT 176.06 219.25 Td (for ) Tj ET Q q 0 0 0 rg BT 191.16 219.25 Td (the ) Tj ET Q q 0 0 0 rg BT 206.82 219.25 Td (year ) Tj ET Q q 0 0 0 rg BT 227.46 219.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.78 219.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 314.30 219.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 219.25 Td (, ) Tj ET Q q 0 0 0 rg BT 340.23 219.25 Td (which ) Tj ET Q q 0 0 0 rg BT 368.11 219.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 405.99 219.25 Td (a ) Tj ET Q q 0 0 0 rg BT 413.86 219.25 Td (more ) Tj ET Q q 0 0 0 rg BT 437.85 219.25 Td (complete ) Tj ET Q q 0 0 0 rg BT 477.93 219.25 Td (understanding ) Tj ET Q q 0 0 0 rg BT 538.03 219.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 219.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 207.25 Td (s ) Tj ET Q q 0 0 0 rg BT 97.54 207.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 143.40 207.25 Td (policies, ) Tj ET Q q 0 0 0 rg BT 178.99 207.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 215.96 207.25 Td (position, ) Tj ET Q q 0 0 0 rg BT 252.68 207.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 292.43 207.25 Td (results, ) Tj ET Q q 0 0 0 rg BT 323.02 207.25 Td (business ) Tj ET Q q 0 0 0 rg BT 358.90 207.25 Td (properties, ) Tj ET Q q 0 0 0 rg BT 403.37 207.25 Td (and ) Tj ET Q q 0 0 0 rg BT 419.80 207.25 Td (other ) Tj ET Q q 0 0 0 rg BT 442.33 207.25 Td (matters. ) Tj ET Q q 0 0 0 rg BT 475.82 207.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 498.91 207.25 Td (has ) Tj ET Q q 0 0 0 rg BT 514.23 207.25 Td (consistently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.25 Td (applied ) Tj ET Q q 0 0 0 rg BT 81.93 195.25 Td (the ) Tj ET Q q 0 0 0 rg BT 96.65 195.25 Td (same ) Tj ET Q q 0 0 0 rg BT 119.70 195.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 166.07 195.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 199.67 195.25 Td (throughout ) Tj ET Q q 0 0 0 rg BT 246.06 195.25 Td (all ) Tj ET Q q 0 0 0 rg BT 258.55 195.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 290.49 195.25 Td (presented. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (Estimates ) Tj ET Q q 0 0 0 rg BT 94.18 178.25 Td (and ) Tj ET Q q 0 0 0 rg BT 112.83 178.25 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.15 178.25 Td (- ) Tj ET Q q 0 0 0 rg BT 173.82 178.25 Td (The ) Tj ET Q q 0 0 0 rg BT 191.89 178.25 Td (preparation ) Tj ET Q q 0 0 0 rg BT 239.95 178.25 Td (of ) Tj ET Q q 0 0 0 rg BT 250.80 178.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 288.31 178.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 333.04 178.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 367.77 178.25 Td (management ) Tj ET Q q 0 0 0 rg BT 421.38 178.25 Td (to ) Tj ET Q q 0 0 0 rg BT 431.69 178.25 Td (make ) Tj ET Q q 0 0 0 rg BT 455.86 178.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 495.60 178.25 Td (and ) Tj ET Q q 0 0 0 rg BT 512.56 178.25 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.96 166.25 Td (af) Tj ET Q q 0 0 0 rg BT 75.55 166.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 93.51 166.25 Td (the ) Tj ET Q q 0 0 0 rg BT 108.69 166.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 144.98 166.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 181.83 166.25 Td (of ) Tj ET Q q 0 0 0 rg BT 193.13 166.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 219.43 166.25 Td (and ) Tj ET Q q 0 0 0 rg BT 236.84 166.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 277.02 166.25 Td (and ) Tj ET Q q 0 0 0 rg BT 294.43 166.25 Td (the ) Tj ET Q q 0 0 0 rg BT 309.61 166.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 353.13 166.25 Td (of ) Tj ET Q q 0 0 0 rg BT 364.43 166.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 409.61 166.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 435.91 166.25 Td (and ) Tj ET Q q 0 0 0 rg BT 453.32 166.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 493.50 166.25 Td (at ) Tj ET Q q 0 0 0 rg BT 503.69 166.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.87 166.25 Td (date ) Tj ET Q q 0 0 0 rg BT 538.50 166.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 166.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 87.32 154.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 131.88 154.25 Td (and ) Tj ET Q q 0 0 0 rg BT 148.65 154.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 184.31 154.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 220.54 154.25 Td (of ) Tj ET Q q 0 0 0 rg BT 231.21 154.25 Td (revenues ) Tj ET Q q 0 0 0 rg BT 269.09 154.25 Td (and ) Tj ET Q q 0 0 0 rg BT 285.87 154.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 324.31 154.25 Td (during ) Tj ET Q q 0 0 0 rg BT 352.76 154.25 Td (the ) Tj ET Q q 0 0 0 rg BT 367.32 154.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 406.31 154.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 436.19 154.25 Td (Actual ) Tj ET Q q 0 0 0 rg BT 465.18 154.25 Td (results ) Tj ET Q q 0 0 0 rg BT 493.63 154.25 Td (could ) Tj ET Q q 0 0 0 rg BT 518.19 154.25 Td (dif) Tj ET Q q 0 0 0 rg BT 529.12 154.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 542.56 154.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (these ) Tj ET Q q 0 0 0 rg BT 73.49 142.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 113.64 142.25 Td (and ) Tj ET Q q 0 0 0 rg BT 131.02 142.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 166.16 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 176.88 142.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 217.03 142.25 Td (are ) Tj ET Q q 0 0 0 rg BT 232.18 142.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 270.09 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 280.81 142.25 Td (the ) Tj ET Q q 0 0 0 rg BT 295.97 142.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 342.78 142.25 Td (period ) Tj ET Q q 0 0 0 rg BT 371.26 142.25 Td (in ) Tj ET Q q 0 0 0 rg BT 381.98 142.25 Td (which ) Tj ET Q q 0 0 0 rg BT 409.36 142.25 Td (they ) Tj ET Q q 0 0 0 rg BT 429.52 142.25 Td (are ) Tj ET Q q 0 0 0 rg BT 444.66 142.25 Td (determined. ) Tj ET Q q 0 0 0 rg BT 495.08 142.25 Td ( ) Tj ET Q q 0 0 0 rg BT 497.81 142.25 Td (The ) Tj ET Q q 0 0 0 rg BT 516.30 142.25 Td (liability ) Tj ET Q q 0 0 0 rg BT 550.34 142.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 80.06 130.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 109.02 130.25 Td (and ) Tj ET Q q 0 0 0 rg BT 126.30 130.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 155.25 130.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 201.98 130.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 240.93 130.25 Td (and ) Tj ET Q q 0 0 0 rg BT 258.22 130.25 Td (related ) Tj ET Q q 0 0 0 rg BT 288.27 130.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 325.00 130.25 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 374.48 130.25 Td (from ) Tj ET Q q 0 0 0 rg BT 396.77 130.25 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 439.05 130.25 Td (represents ) Tj ET Q q 0 0 0 rg BT 482.43 130.25 Td (the ) Tj ET Q q 0 0 0 rg BT 497.50 130.25 Td (most ) Tj ET Q q 0 0 0 rg BT 519.79 130.25 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (estimate ) Tj ET Q q 0 0 0 rg BT 85.93 118.25 Td (in ) Tj ET Q q 0 0 0 rg BT 96.33 118.25 Td (the ) Tj ET Q q 0 0 0 rg BT 111.16 118.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 172.08 118.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 209.68 118.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 257.00 118.25 Td (and ) Tj ET Q q 0 0 0 rg BT 274.05 118.25 Td (dif) Tj ET Q q 0 0 0 rg BT 284.98 118.25 Td (ferences ) Tj ET Q q 0 0 0 rg BT 320.90 118.25 Td (between ) Tj ET Q q 0 0 0 rg BT 356.83 118.25 Td (such ) Tj ET Q q 0 0 0 rg BT 377.77 118.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 417.60 118.25 Td (and ) Tj ET Q q 0 0 0 rg BT 434.65 118.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 461.14 118.25 Td (results ) Tj ET Q q 0 0 0 rg BT 489.86 118.25 Td (could ) Tj ET Q q 0 0 0 rg BT 514.69 118.25 Td (be ) Tj ET Q q 0 0 0 rg BT 526.74 118.25 Td (material. ) Tj ET Q q 0 0 0 rg BT 564.50 118.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (Significant ) Tj ET Q q 0 0 0 rg BT 97.97 106.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 139.27 106.25 Td (in ) Tj ET Q q 0 0 0 rg BT 151.14 106.25 Td (the ) Tj ET Q q 0 0 0 rg BT 167.44 106.25 Td (accompanying ) Tj ET Q q 0 0 0 rg BT 229.84 106.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 268.91 106.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 315.21 106.25 Td (also ) Tj ET Q q 0 0 0 rg BT 335.40 106.25 Td (include ) Tj ET Q q 0 0 0 rg BT 368.92 106.25 Td (the ) Tj ET Q q 0 0 0 rg BT 385.23 106.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 403.19 106.25 Td (values ) Tj ET Q q 0 0 0 rg BT 432.83 106.25 Td (of ) Tj ET Q q 0 0 0 rg BT 445.25 106.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 499.61 106.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 537.00 106.25 Td (policy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 96.38 94.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 114.99 94.25 Td (recoverability) Tj ET Q q 0 0 0 rg BT 169.87 94.25 Td (, ) Tj ET Q q 0 0 0 rg BT 174.87 94.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 210.67 94.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 225.39 94.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 247.33 94.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 287.04 94.25 Td (and ) Tj ET Q q 0 0 0 rg BT 303.98 94.25 Td (business ) Tj ET Q q 0 0 0 rg BT 340.37 94.25 Td (combinations. ) Tj ET Q endstream endobj 17 0 obj <>] /Rotate 0 /Contents 18 0 R>> endobj 18 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Seasonality ) Tj ET Q q 0 0 0 rg BT 100.66 742.25 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 106.15 742.25 Td (The ) Tj ET Q q 0 0 0 rg BT 124.01 742.25 Td (property ) Tj ET Q q 0 0 0 rg BT 160.21 742.25 Td (and ) Tj ET Q q 0 0 0 rg BT 176.97 742.25 Td (casualty ) Tj ET Q q 0 0 0 rg BT 212.06 742.25 Td (\(P&C\) ) Tj ET Q q 0 0 0 rg BT 249.93 742.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 290.56 742.25 Td (business ) Tj ET Q q 0 0 0 rg BT 326.78 742.25 Td (is ) Tj ET Q q 0 0 0 rg BT 335.77 742.25 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 371.97 742.25 Td (in ) Tj ET Q q 0 0 0 rg BT 382.07 742.25 Td (nature. ) Tj ET Q q 0 0 0 rg BT 411.71 742.25 Td (While ) Tj ET Q q 0 0 0 rg BT 437.95 742.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 461.65 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 463.97 742.25 Td (net ) Tj ET Q q 0 0 0 rg BT 478.51 742.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 520.82 742.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 549.79 742.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 88.81 730.25 Td (stable ) Tj ET Q q 0 0 0 rg BT 113.75 730.25 Td (from ) Tj ET Q q 0 0 0 rg BT 134.79 730.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 164.72 730.25 Td (to ) Tj ET Q q 0 0 0 rg BT 174.10 730.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 202.02 730.25 Td (, ) Tj ET Q q 0 0 0 rg BT 205.77 730.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 229.47 730.25 Td ( ) Tj ET Q q 0 0 0 rg BT 231.08 730.25 Td (gross ) Tj ET Q q 0 0 0 rg BT 253.80 730.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 295.40 730.25 Td (written ) Tj ET Q q 0 0 0 rg BT 325.34 730.25 Td (follow ) Tj ET Q q 0 0 0 rg BT 353.06 730.25 Td (the ) Tj ET Q q 0 0 0 rg BT 366.88 730.25 Td (common ) Tj ET Q q 0 0 0 rg BT 403.49 730.25 Td (renewal ) Tj ET Q q 0 0 0 rg BT 436.74 730.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 458.90 730.25 Td (for ) Tj ET Q q 0 0 0 rg BT 472.16 730.25 Td (the ) Tj ET Q q 0 0 0 rg BT 485.99 730.25 Td (light ) Tj ET Q q 0 0 0 rg BT 514.81 730.25 Td (commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (risks ) Tj ET Q q 0 0 0 rg BT 71.39 718.25 Td (that ) Tj ET Q q 0 0 0 rg BT 88.88 718.25 Td (represent ) Tj ET Q q 0 0 0 rg BT 128.02 718.25 Td (its ) Tj ET Q q 0 0 0 rg BT 139.97 718.25 Td (core ) Tj ET Q q 0 0 0 rg BT 159.67 718.25 Td (lines ) Tj ET Q q 0 0 0 rg BT 181.05 718.25 Td (of ) Tj ET Q q 0 0 0 rg BT 191.88 718.25 Td (business. ) Tj ET Q q 0 0 0 rg BT 230.77 718.25 Td (For ) Tj ET Q q 0 0 0 rg BT 247.16 718.25 Td (example, ) Tj ET Q q 0 0 0 rg BT 286.03 718.25 Td (January ) Tj ET Q q 0 0 0 rg BT 319.62 718.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 327.12 718.25 Td (and ) Tj ET Q q 0 0 0 rg BT 344.05 718.25 Td (March ) Tj ET Q q 0 0 0 rg BT 372.65 718.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 380.14 718.25 Td (are ) Tj ET Q q 0 0 0 rg BT 394.85 718.25 Td (common ) Tj ET Q q 0 0 0 rg BT 432.34 718.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 449.83 718.25 Td (cab ) Tj ET Q q 0 0 0 rg BT 466.20 718.25 Td (renewal ) Tj ET Q q 0 0 0 rg BT 500.35 718.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 523.39 718.25 Td (in ) Tj ET Q q 0 0 0 rg BT 533.67 718.25 Td (Illinois ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (and ) Tj ET Q q 0 0 0 rg BT 67.09 706.25 Td (New ) Tj ET Q q 0 0 0 rg BT 88.22 706.25 Td (Y) Tj ET Q q 0 0 0 rg BT 94.44 706.25 Td (ork, ) Tj ET Q q 0 0 0 rg BT 112.92 706.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 160.58 706.25 Td (. ) Tj ET Q q 0 0 0 rg BT 165.73 706.25 Td ( ) Tj ET Q q 0 0 0 rg BT 167.79 706.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 217.70 706.25 Td (, ) Tj ET Q q 0 0 0 rg BT 222.84 706.25 Td (our ) Tj ET Q q 0 0 0 rg BT 238.82 706.25 Td (New ) Tj ET Q q 0 0 0 rg BT 259.96 706.25 Td (Y) Tj ET Q q 0 0 0 rg BT 266.18 706.25 Td (ork ) Tj ET Q q 0 0 0 rg BT 282.16 706.25 Td (excess ) Tj ET Q q 0 0 0 rg BT 315.34 706.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 332.99 706.25 Td (program ) Tj ET Q q 0 0 0 rg BT 373.95 706.25 Td (has ) Tj ET Q q 0 0 0 rg BT 389.93 706.25 Td (an ) Tj ET Q q 0 0 0 rg BT 402.01 706.25 Td (annual ) Tj ET Q q 0 0 0 rg BT 431.32 706.25 Td (renewal ) Tj ET Q q 0 0 0 rg BT 465.61 706.25 Td (date ) Tj ET Q q 0 0 0 rg BT 484.91 706.25 Td (in ) Tj ET Q q 0 0 0 rg BT 495.34 706.25 Td (the ) Tj ET Q q 0 0 0 rg BT 510.21 706.25 Td (third ) Tj ET Q q 0 0 0 rg BT 531.74 706.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 559.50 706.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 66.94 694.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 121.09 694.25 Td (income ) Tj ET Q q 0 0 0 rg BT 153.03 694.25 Td (is ) Tj ET Q q 0 0 0 rg BT 162.20 694.25 Td (driven ) Tj ET Q q 0 0 0 rg BT 190.24 694.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 220.52 694.25 Td (by ) Tj ET Q q 0 0 0 rg BT 233.02 694.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.73 694.25 Td (timing ) Tj ET Q q 0 0 0 rg BT 276.35 694.25 Td (and ) Tj ET Q q 0 0 0 rg BT 293.29 694.25 Td (nature ) Tj ET Q q 0 0 0 rg BT 320.77 694.25 Td (of ) Tj ET Q q 0 0 0 rg BT 331.60 694.25 Td (claims, ) Tj ET Q q 0 0 0 rg BT 362.71 694.25 Td (which ) Tj ET Q q 0 0 0 rg BT 389.64 694.25 Td (can ) Tj ET Q q 0 0 0 rg BT 406.02 694.25 Td (vary ) Tj ET Q q 0 0 0 rg BT 426.29 694.25 Td (widely) Tj ET Q q 0 0 0 rg BT 452.86 694.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 677.25 Td (Segmentation ) Tj ET Q q 0 0 0 rg BT 110.68 677.25 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.36 677.25 Td (The ) Tj ET Q q 0 0 0 rg BT 134.25 677.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 175.48 677.25 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.16 677.25 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.60 677.25 Td ( ) Tj ET Q q 0 0 0 rg BT 207.95 677.25 Td (reportable ) Tj ET Q q 0 0 0 rg BT 250.83 677.25 Td (business ) Tj ET Q q 0 0 0 rg BT 287.07 677.25 Td (segment. ) Tj ET Q q 0 0 0 rg BT 325.24 677.25 Td (Resources ) Tj ET Q q 0 0 0 rg BT 368.69 677.25 Td (are ) Tj ET Q q 0 0 0 rg BT 383.24 677.25 Td (allocated ) Tj ET Q q 0 0 0 rg BT 421.68 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 438.46 677.25 Td (management ) Tj ET Q q 0 0 0 rg BT 491.90 677.25 Td (assesses ) Tj ET Q q 0 0 0 rg BT 527.02 677.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.02 665.25 Td (based ) Tj ET Q q 0 0 0 rg BT 128.29 665.25 Td (on ) Tj ET Q q 0 0 0 rg BT 140.79 665.25 Td (this ) Tj ET Q q 0 0 0 rg BT 157.74 665.25 Td (reportable ) Tj ET Q q 0 0 0 rg BT 200.77 665.25 Td (segment. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 643.25 Td (2. NEW) Tj ET Q q 0 0 0 rg BT 101.71 643.25 Td ( ) Tj ET Q q 0 0 0 rg BT 103.66 643.25 Td (ACCOUNTING ST) Tj ET Q q 0 0 0 rg BT 187.10 643.25 Td (ANDARDS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 626.25 Td (ith ) Tj ET Q q 0 0 0 rg BT 71.65 626.25 Td (the ) Tj ET Q q 0 0 0 rg BT 85.93 626.25 Td (exception ) Tj ET Q q 0 0 0 rg BT 126.86 626.25 Td (of ) Tj ET Q q 0 0 0 rg BT 137.25 626.25 Td (the ) Tj ET Q q 0 0 0 rg BT 151.53 626.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 197.46 626.25 Td (and ) Tj ET Q q 0 0 0 rg BT 213.96 626.25 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 256.56 626.25 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 324.72 626.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 365.11 626.25 Td (below) Tj ET Q q 0 0 0 rg BT 388.90 626.25 Td (, ) Tj ET Q q 0 0 0 rg BT 393.46 626.25 Td (there ) Tj ET Q q 0 0 0 rg BT 415.50 626.25 Td (have ) Tj ET Q q 0 0 0 rg BT 436.44 626.25 Td (been ) Tj ET Q q 0 0 0 rg BT 457.37 626.25 Td (no ) Tj ET Q q 0 0 0 rg BT 469.43 626.25 Td (recent ) Tj ET Q q 0 0 0 rg BT 495.92 626.25 Td (pronouncements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.24 614.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 94.35 614.25 Td (in ) Tj ET Q q 0 0 0 rg BT 104.04 614.25 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 172.04 614.25 Td (during ) Tj ET Q q 0 0 0 rg BT 200.05 614.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.17 614.25 Td (three ) Tj ET Q q 0 0 0 rg BT 236.07 614.25 Td (month ) Tj ET Q q 0 0 0 rg BT 263.53 614.25 Td (period ) Tj ET Q q 0 0 0 rg BT 290.98 614.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 316.77 614.25 Td (March ) Tj ET Q q 0 0 0 rg BT 344.77 614.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 359.18 614.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.18 614.25 Td (, ) Tj ET Q q 0 0 0 rg BT 383.59 614.25 Td (as ) Tj ET Q q 0 0 0 rg BT 393.82 614.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 435.15 614.25 Td (to ) Tj ET Q q 0 0 0 rg BT 444.84 614.25 Td (those 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(of ) Tj ET Q q 0 0 0 rg BT 404.77 602.25 Td (significance ) Tj ET Q q 0 0 0 rg BT 455.46 602.25 Td (or ) Tj ET Q q 0 0 0 rg BT 466.17 602.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 503.54 602.25 Td (significance ) Tj ET Q q 0 0 0 rg BT 554.24 602.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (Atlas. ) Tj ET Q q 0 0 0 rg BT 75.30 590.25 Td (Pertinent ) Tj ET Q q 0 0 0 rg BT 112.72 590.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 161.06 590.25 Td (Standard ) Tj ET Q q 0 0 0 rg BT 198.29 590.25 Td (Updates ) Tj ET Q q 0 0 0 rg BT 232.75 590.25 Td (\(ASUs\) ) Tj ET Q q 0 0 0 rg BT 273.87 590.25 Td (are ) Tj ET Q q 0 0 0 rg BT 287.77 590.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 314.46 590.25 Td (from ) Tj ET Q q 0 0 0 rg BT 335.58 590.25 Td (time ) Tj ET Q q 0 0 0 rg BT 355.05 590.25 Td (to ) Tj ET Q q 0 0 0 rg BT 364.51 590.25 Td (time ) Tj ET Q q 0 0 0 rg BT 383.98 590.25 Td (by ) Tj ET Q q 0 0 0 rg BT 395.66 590.25 Td (the ) Tj ET Q q 0 0 0 rg BT 409.57 590.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 448.10 590.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 496.44 590.25 Td (Standards ) Tj ET Q q 0 0 0 rg BT 537.57 590.25 Td (Board ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (\(F) Tj ET Q q 0 0 0 rg BT 62.59 578.25 Td (ASB\) ) Tj ET Q q 0 0 0 rg BT 91.38 578.25 Td (and ) Tj ET Q q 0 0 0 rg BT 107.39 578.25 Td (are ) Tj ET Q q 0 0 0 rg BT 121.16 578.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 154.39 578.25 Td (by ) Tj ET Q q 0 0 0 rg BT 165.96 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 179.75 578.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 220.20 578.25 Td (as ) Tj ET Q q 0 0 0 rg BT 230.10 578.25 Td (they ) Tj ET Q q 0 0 0 rg BT 248.89 578.25 Td (become ) Tj ET Q q 0 0 0 rg BT 281.55 578.25 Td (ef) Tj ET Q q 0 0 0 rg BT 289.14 578.25 Td (fective. ) Tj ET Q q 0 0 0 rg BT 320.07 578.25 Td (All ) Tj ET Q q 0 0 0 rg BT 334.41 578.25 Td (recently ) Tj ET Q q 0 0 0 rg BT 368.19 578.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 394.76 578.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 440.20 578.25 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 507.86 578.25 Td (with ) Tj ET Q q 0 0 0 rg BT 527.21 578.25 Td (ef) Tj ET Q q 0 0 0 rg BT 534.80 578.25 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (dates ) Tj ET Q q 0 0 0 rg BT 73.05 566.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 94.99 566.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.71 566.25 Td (April1, ) Tj ET Q q 0 0 0 rg BT 138.32 566.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.32 566.25 Td ( ) Tj ET Q q 0 0 0 rg BT 160.82 566.25 Td (have ) Tj ET Q q 0 0 0 rg BT 182.20 566.25 Td (been ) Tj ET Q q 0 0 0 rg BT 203.57 566.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 237.73 566.25 Td (by ) Tj ET Q q 0 0 0 rg BT 250.23 566.25 Td (the ) Tj ET Q q 0 0 0 rg BT 264.95 566.25 Td (Company) Tj ET Q q 0 0 0 rg BT 303.18 566.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 549.25 Td (Recently ) Tj ET Q q 0 0 0 rg BT 89.16 549.25 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.77 532.25 Td (May ) Tj ET Q q 0 0 0 rg BT 79.54 532.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 103.49 532.25 Td (the ) Tj ET Q q 0 0 0 rg BT 117.14 532.25 Td (F) Tj ET Q q 0 0 0 rg BT 121.96 532.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 142.86 532.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 168.98 532.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 190.43 532.25 Td (2017-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 227.70 532.25 Td (CompensationStock ) Tj ET Q q 0 0 0 rg BT 317.47 532.25 Td (Compensation ) Tj ET Q q 0 0 0 rg BT 376.69 532.25 Td (\(T) Tj ET Q q 0 0 0 rg BT 384.66 532.25 Td (opic ) Tj ET Q q 0 0 0 rg BT 403.32 532.25 Td (718\): ) Tj ET Q q 0 0 0 rg BT 426.42 532.25 Td (Scope ) Tj ET Q q 0 0 0 rg BT 451.74 532.25 Td (of ) Tj ET Q q 0 0 0 rg BT 460.96 532.25 Td (Modification ) Tj ET Q q 0 0 0 rg BT 513.96 532.25 Td (Accounting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 532.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (This ) Tj ET Q q 0 0 0 rg BT 70.12 520.25 Td (update ) Tj ET Q q 0 0 0 rg BT 99.12 520.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 135.90 520.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 174.34 520.25 Td (on ) Tj ET Q q 0 0 0 rg BT 186.68 520.25 Td (when ) Tj ET Q q 0 0 0 rg BT 210.68 520.25 Td (an ) Tj ET Q q 0 0 0 rg BT 222.46 520.25 Td (entity ) Tj ET Q q 0 0 0 rg BT 247.58 520.25 Td (should ) Tj ET Q q 0 0 0 rg BT 276.59 520.25 Td (apply ) Tj ET Q q 0 0 0 rg BT 301.15 520.25 Td (modification ) Tj ET Q q 0 0 0 rg BT 354.59 520.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 400.81 520.25 Td (when ) Tj ET Q q 0 0 0 rg BT 424.81 520.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 459.36 520.25 Td (are ) Tj ET Q q 0 0 0 rg BT 473.91 520.25 Td (made ) Tj ET Q q 0 0 0 rg BT 497.91 520.25 Td (to ) Tj ET Q q 0 0 0 rg BT 508.03 520.25 Td (a ) Tj ET Q q 0 0 0 rg BT 514.81 520.25 Td (share-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 107.51 508.25 Td (award. 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0 0 0 rg BT 134.62 496.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 161.06 496.25 Td (Early ) Tj ET Q q 0 0 0 rg BT 185.55 496.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 223.38 496.25 Td (is ) Tj ET Q q 0 0 0 rg BT 232.89 496.25 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 276.34 496.25 Td (The ) Tj ET Q q 0 0 0 rg BT 294.73 496.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 336.45 496.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 370.95 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 386.00 496.25 Td (update ) Tj ET Q q 0 0 0 rg BT 415.50 496.25 Td (in ) Tj ET Q q 0 0 0 rg BT 426.11 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 441.17 496.25 Td (first ) Tj ET Q q 0 0 0 rg BT 460.12 496.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 491.27 496.25 Td (of ) Tj ET Q q 0 0 0 rg BT 502.44 496.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 525.28 496.25 Td (using ) Tj ET Q q 0 0 0 rg BT 549.78 496.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 94.15 484.25 Td (prospective ) Tj ET Q q 0 0 0 rg BT 142.74 484.25 Td (approach. ) Tj ET Q q 0 0 0 rg BT 184.20 484.25 Td (The ) Tj ET Q q 0 0 0 rg BT 202.25 484.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 239.75 484.25 Td (of ) Tj ET Q q 0 0 0 rg BT 250.58 484.25 Td (this ) Tj ET Q q 0 0 0 rg BT 266.97 484.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 289.48 484.25 Td (did ) Tj ET Q q 0 0 0 rg BT 304.76 484.25 Td (not ) Tj ET Q q 0 0 0 rg BT 320.03 484.25 Td (have ) Tj ET Q q 0 0 0 rg BT 341.41 484.25 Td (an ) Tj ET Q q 0 0 0 rg BT 353.35 484.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 383.06 484.25 Td (on ) Tj ET Q q 0 0 0 rg BT 395.56 484.25 Td (the ) Tj ET Q q 0 0 0 rg BT 410.28 484.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 463.32 484.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 500.80 484.25 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.25 Td (In ) Tj ET Q q 0 0 0 rg BT 60.05 467.25 Td (October ) Tj ET Q q 0 0 0 rg BT 93.98 467.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 118.20 467.25 Td (the ) Tj ET Q q 0 0 0 rg BT 132.13 467.25 Td (F) Tj ET Q q 0 0 0 rg BT 136.95 467.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 158.13 467.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 184.47 467.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 206.19 467.25 Td (2016-16, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 243.74 467.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 274.89 467.25 Td (T) Tj ET Q q 0 0 0 rg BT 279.54 467.25 Td (axes ) Tj ET Q q 0 0 0 rg BT 299.02 467.25 Td (\(T) Tj ET Q q 0 0 0 rg BT 307.00 467.25 Td (opic ) Tj ET Q q 0 0 0 rg BT 325.94 467.25 Td (740\): ) Tj ET Q q 0 0 0 rg BT 349.32 467.25 Td (Intra-Entity ) Tj ET Q q 0 0 0 rg BT 398.25 467.25 Td (T) Tj ET Q q 0 0 0 rg BT 403.26 467.25 Td (ransfers ) Tj ET Q q 0 0 0 rg BT 437.76 467.25 Td (of ) Tj ET Q q 0 0 0 rg BT 447.13 467.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 473.85 467.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 498.91 467.25 Td (Than ) Tj ET Q q 0 0 0 rg BT 521.19 467.25 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 467.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.52 455.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 111.17 455.25 Td (of ) Tj ET Q q 0 0 0 rg BT 121.48 455.25 Td (this ) Tj ET Q q 0 0 0 rg BT 137.90 455.25 Td (update ) Tj ET Q q 0 0 0 rg BT 166.53 455.25 Td (modify ) Tj ET Q q 0 0 0 rg BT 197.40 455.25 Td (the ) Tj ET Q q 0 0 0 rg BT 211.59 455.25 Td (income ) Tj ET Q q 0 0 0 rg BT 243.00 455.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 257.19 455.25 Td (consequences ) Tj ET Q q 0 0 0 rg BT 314.15 455.25 Td (for ) Tj ET Q q 0 0 0 rg BT 327.78 455.25 Td (intra-entity ) Tj ET Q q 0 0 0 rg BT 374.19 455.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 423.93 455.25 Td (not ) Tj ET Q q 0 0 0 rg BT 438.68 455.25 Td (involving ) Tj ET Q q 0 0 0 rg BT 478.99 455.25 Td (inventory) Tj ET Q q 0 0 0 rg BT 516.67 455.25 Td (. ) Tj ET Q q 0 0 0 rg BT 521.15 455.25 Td (For ) Tj ET Q q 0 0 0 rg BT 537.01 455.25 Td (public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (entities, ) Tj ET Q q 0 0 0 rg BT 83.24 443.25 Td (this ) Tj ET Q q 0 0 0 rg BT 99.55 443.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 137.50 443.25 Td (is ) Tj ET Q q 0 0 0 rg BT 146.03 443.25 Td (ef) Tj ET Q q 0 0 0 rg BT 153.62 443.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 182.68 443.25 Td (for ) Tj ET Q q 0 0 0 rg BT 196.20 443.25 Td (years ) Tj ET Q q 0 0 0 rg BT 219.16 443.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 261.01 443.25 Td (after ) Tj ET Q q 0 0 0 rg BT 281.19 443.25 Td (December ) Tj ET Q q 0 0 0 rg BT 324.13 443.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 338.49 443.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 362.85 443.25 Td (including ) Tj ET Q q 0 0 0 rg BT 402.48 443.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 433.22 443.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 464.52 443.25 Td (within ) Tj ET Q q 0 0 0 rg BT 491.94 443.25 Td (those ) Tj ET Q q 0 0 0 rg BT 514.91 443.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 540.36 443.25 Td (Early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 87.70 431.25 Td (is ) Tj ET Q q 0 0 0 rg BT 97.08 431.25 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 140.41 431.25 Td (The ) Tj ET Q q 0 0 0 rg BT 158.67 431.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 200.26 431.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 234.62 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 249.55 431.25 Td (update ) Tj ET Q q 0 0 0 rg BT 278.91 431.25 Td (in ) Tj ET Q q 0 0 0 rg BT 289.40 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 304.32 431.25 Td (first ) Tj ET Q q 0 0 0 rg BT 323.14 431.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 354.16 431.25 Td (of ) Tj ET Q q 0 0 0 rg BT 365.20 431.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 387.90 431.25 Td (using ) Tj ET Q q 0 0 0 rg BT 412.28 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 427.21 431.25 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 471.56 431.25 Td (modified ) Tj ET Q q 0 0 0 rg BT 510.37 431.25 Td (retrospective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (approach. ) Tj ET Q q 0 0 0 rg BT 90.99 419.25 Td (Although ) Tj ET Q q 0 0 0 rg BT 130.62 419.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 154.09 419.25 Td (has ) Tj ET Q q 0 0 0 rg BT 169.79 419.25 Td (a ) Tj ET Q q 0 0 0 rg BT 176.60 419.25 Td (number ) Tj ET Q q 0 0 0 rg BT 209.51 419.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.21 419.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 243.13 419.25 Td (income ) Tj ET Q q 0 0 0 rg BT 274.93 419.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 315.06 419.25 Td (that ) Tj ET Q q 0 0 0 rg BT 332.42 419.25 Td (were ) Tj ET Q q 0 0 0 rg BT 354.22 419.25 Td (transferred ) Tj ET Q q 0 0 0 rg BT 399.89 419.25 Td (between ) Tj ET Q q 0 0 0 rg BT 435.58 419.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 480.71 419.25 Td (owned ) Tj ET Q q 0 0 0 rg BT 509.74 419.25 Td (by ) Tj ET Q q 0 0 0 rg BT 521.58 419.25 Td (Atlas, ) Tj ET Q q 0 0 0 rg BT 547.56 419.25 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 72.72 407.25 Td (did ) Tj ET Q q 0 0 0 rg BT 88.21 407.25 Td (not ) Tj ET Q q 0 0 0 rg BT 103.70 407.25 Td (af) Tj ET Q q 0 0 0 rg BT 111.29 407.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 128.98 407.25 Td (the ) Tj ET Q q 0 0 0 rg BT 143.91 407.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 197.17 407.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 234.86 407.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 282.29 407.25 Td (because ) Tj ET Q q 0 0 0 rg BT 316.64 407.25 Td (the ) Tj ET Q q 0 0 0 rg BT 331.57 407.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 382.05 407.25 Td (are ) Tj ET Q q 0 0 0 rg BT 396.97 407.25 Td (between ) Tj ET Q q 0 0 0 rg BT 433.00 407.25 Td (two ) Tj ET Q q 0 0 0 rg BT 450.71 407.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 471.20 407.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 502.80 407.25 Td (that ) Tj ET Q q 0 0 0 rg BT 520.51 407.25 Td (are ) Tj ET Q q 0 0 0 rg BT 535.42 407.25 Td (part ) Tj ET Q q 0 0 0 rg BT 553.68 407.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.25 Td (the ) Tj ET Q q 0 0 0 rg BT 65.02 395.25 Td (same ) Tj ET Q q 0 0 0 rg BT 88.37 395.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 141.71 395.25 Td (group, ) Tj ET Q q 0 0 0 rg BT 170.35 395.25 Td (the ) Tj ET Q q 0 0 0 rg BT 185.37 395.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 235.93 395.25 Td (were ) Tj ET Q q 0 0 0 rg BT 258.16 395.25 Td (elected ) Tj ET Q q 0 0 0 rg BT 289.28 395.25 Td (to ) Tj ET Q q 0 0 0 rg BT 299.86 395.25 Td (be ) Tj ET Q q 0 0 0 rg BT 312.10 395.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 348.21 395.25 Td (for ) Tj ET Q q 0 0 0 rg BT 362.67 395.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 383.26 395.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 398.28 395.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 436.63 395.25 Td (until ) Tj ET Q q 0 0 0 rg BT 457.77 395.25 Td (the ) Tj ET Q q 0 0 0 rg BT 472.79 395.25 Td (items ) Tj ET Q q 0 0 0 rg BT 497.26 395.25 Td (leave ) Tj ET Q q 0 0 0 rg BT 521.15 395.25 Td (the ) Tj ET Q q 0 0 0 rg BT 536.17 395.25 Td (group, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.25 Td (which ) Tj ET Q q 0 0 0 rg BT 76.68 383.25 Td (is ) Tj ET Q q 0 0 0 rg BT 85.58 383.25 Td (consistent ) Tj ET Q q 0 0 0 rg BT 127.82 383.25 Td (with ) Tj ET Q q 0 0 0 rg BT 147.83 383.25 Td (the ) Tj ET Q q 0 0 0 rg BT 162.29 383.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 192.84 383.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 219.70 383.25 Td ( ) Tj ET Q q 0 0 0 rg BT 221.93 383.25 Td (treatment, ) Tj ET Q q 0 0 0 rg BT 264.43 383.25 Td (and ) Tj ET Q q 0 0 0 rg BT 281.11 383.25 Td (the ) Tj ET Q q 0 0 0 rg BT 295.56 383.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 336.69 383.25 Td (already ) Tj ET Q q 0 0 0 rg BT 368.35 383.25 Td (reports ) Tj ET Q q 0 0 0 rg BT 398.35 383.25 Td (as ) Tj ET Q q 0 0 0 rg BT 408.92 383.25 Td (part ) Tj ET Q q 0 0 0 rg BT 426.71 383.25 Td (of ) Tj ET Q q 0 0 0 rg BT 437.27 383.25 Td (its ) Tj ET Q q 0 0 0 rg BT 448.96 383.25 Td (computational ) Tj ET Q q 0 0 0 rg BT 508.41 383.25 Td (approach, ) Tj ET Q q 0 0 0 rg BT 549.79 383.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.25 Td (State ) Tj ET Q q 0 0 0 rg BT 72.50 371.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 87.21 371.25 Td (results ) Tj ET Q q 0 0 0 rg BT 115.82 371.25 Td (\(which ) Tj ET Q q 0 0 0 rg BT 146.09 371.25 Td (are ) Tj ET Q q 0 0 0 rg BT 160.80 371.25 Td (zero\) ) Tj ET Q q 0 0 0 rg BT 183.83 371.25 Td (under ) Tj ET Q q 0 0 0 rg BT 209.10 371.25 Td (the ) Tj ET Q q 0 0 0 rg BT 223.82 371.25 Td (new ) Tj ET Q q 0 0 0 rg BT 242.43 371.25 Td (ASU.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (In ) Tj ET Q q 0 0 0 rg BT 60.24 354.25 Td (August ) Tj ET Q q 0 0 0 rg BT 91.59 354.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 116.55 354.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.22 354.25 Td (F) Tj ET Q q 0 0 0 rg BT 136.04 354.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 157.95 354.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 184.86 354.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 207.32 354.25 Td (2016-15, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 245.61 354.25 Td (Statement ) Tj ET Q q 0 0 0 rg BT 287.50 354.25 Td (of ) Tj ET Q q 0 0 0 rg BT 297.73 354.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 320.75 354.25 Td (Flows ) Tj ET Q q 0 0 0 rg BT 347.66 354.25 Td (\(T) Tj ET Q q 0 0 0 rg BT 355.63 354.25 Td (opic ) Tj ET Q q 0 0 0 rg BT 375.30 354.25 Td (230\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.63 354.25 Td (. ) Tj ET Q q 0 0 0 rg BT 398.41 354.25 Td (The ) Tj ET Q q 0 0 0 rg BT 416.41 354.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 460.54 354.25 Td (of ) Tj ET Q q 0 0 0 rg BT 471.33 354.25 Td (this ) Tj ET Q q 0 0 0 rg BT 488.23 354.25 Td (update ) Tj ET Q q 0 0 0 rg BT 517.34 354.25 Td (address ) Tj ET Q q 0 0 0 rg BT 549.79 354.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (diversity ) Tj ET Q q 0 0 0 rg BT 86.85 342.25 Td (in ) Tj ET Q q 0 0 0 rg BT 96.49 342.25 Td (practice ) Tj ET Q q 0 0 0 rg BT 129.98 342.25 Td (of ) Tj ET Q q 0 0 0 rg BT 140.17 342.25 Td (eight ) Tj ET Q q 0 0 0 rg BT 162.02 342.25 Td (issues ) Tj ET Q q 0 0 0 rg BT 187.77 342.25 Td (on ) Tj ET Q q 0 0 0 rg BT 199.63 342.25 Td (the ) Tj ET Q q 0 0 0 rg BT 213.70 342.25 Td (statement ) Tj ET Q q 0 0 0 rg BT 253.88 342.25 Td (of ) Tj ET Q q 0 0 0 rg BT 264.07 342.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 283.69 342.25 Td (flows. ) Tj ET Q q 0 0 0 rg BT 310.27 342.25 Td (For ) Tj ET Q q 0 0 0 rg BT 326.02 342.25 Td (public ) Tj ET Q q 0 0 0 rg BT 352.87 342.25 Td (entities, ) Tj ET Q q 0 0 0 rg BT 386.11 342.25 Td (this ) Tj ET Q q 0 0 0 rg BT 402.42 342.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 440.37 342.25 Td (is ) Tj ET Q q 0 0 0 rg BT 448.89 342.25 Td (ef) Tj ET Q q 0 0 0 rg BT 456.48 342.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 485.54 342.25 Td (for ) Tj ET Q q 0 0 0 rg BT 499.06 342.25 Td (years ) Tj ET Q q 0 0 0 rg BT 522.01 342.25 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (after ) Tj ET Q q 0 0 0 rg BT 71.20 330.25 Td (December ) Tj ET Q q 0 0 0 rg BT 115.17 330.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 130.55 330.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 155.93 330.25 Td (including ) Tj ET Q q 0 0 0 rg BT 196.59 330.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 228.35 330.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 260.68 330.25 Td (within ) Tj ET Q q 0 0 0 rg BT 289.12 330.25 Td (those ) Tj ET Q q 0 0 0 rg BT 313.11 330.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 339.59 330.25 Td (Early ) Tj ET Q q 0 0 0 rg BT 364.13 330.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 402.01 330.25 Td (is ) Tj ET Q q 0 0 0 rg BT 411.56 330.25 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 455.06 330.25 Td (The ) Tj ET Q q 0 0 0 rg BT 473.49 330.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 515.26 330.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 549.79 330.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (update ) Tj ET Q q 0 0 0 rg BT 80.08 318.25 Td (in ) Tj ET Q q 0 0 0 rg BT 91.29 318.25 Td (the ) Tj ET Q q 0 0 0 rg BT 106.94 318.25 Td (first ) Tj ET Q q 0 0 0 rg BT 126.48 318.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 158.22 318.25 Td (of ) Tj ET Q q 0 0 0 rg BT 169.98 318.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 193.41 318.25 Td (using ) Tj ET Q q 0 0 0 rg BT 218.51 318.25 Td (the ) Tj ET Q q 0 0 0 rg BT 234.15 318.25 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 279.23 318.25 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 334.30 318.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 374.37 318.25 Td (by ) Tj ET Q q 0 0 0 rg BT 387.80 318.25 Td (restating ) Tj ET Q q 0 0 0 rg BT 425.67 318.25 Td (all ) Tj ET Q q 0 0 0 rg BT 439.09 318.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 461.96 318.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 494.82 318.25 Td (presented. ) Tj ET Q q 0 0 0 rg BT 538.31 318.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.01 318.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (presentation ) Tj ET Q q 0 0 0 rg BT 101.72 306.25 Td (of ) Tj ET Q q 0 0 0 rg BT 112.90 306.25 Td (its ) Tj ET Q q 0 0 0 rg BT 125.19 306.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 172.48 306.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 228.10 306.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 274.83 306.25 Td (of ) Tj ET Q q 0 0 0 rg BT 286.01 306.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 308.86 306.25 Td (Flows ) Tj ET Q q 0 0 0 rg BT 336.16 306.25 Td (did ) Tj ET Q q 0 0 0 rg BT 351.79 306.25 Td (not ) Tj ET Q q 0 0 0 rg BT 367.41 306.25 Td (change ) Tj ET Q q 0 0 0 rg BT 398.58 306.25 Td (as ) Tj ET Q q 0 0 0 rg BT 409.76 306.25 Td (a ) Tj ET Q q 0 0 0 rg BT 417.04 306.25 Td (result ) Tj ET Q q 0 0 0 rg BT 442.11 306.25 Td (of ) Tj ET Q q 0 0 0 rg BT 453.29 306.25 Td (this ) Tj ET Q q 0 0 0 rg BT 469.95 306.25 Td (ASU. ) Tj ET Q q 0 0 0 rg BT 494.68 306.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 518.63 306.25 Td (elected ) Tj ET Q q 0 0 0 rg BT 549.79 306.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 97.40 294.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 134.26 294.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 173.88 294.25 Td (for ) Tj ET Q q 0 0 0 rg BT 188.51 294.25 Td (distributions ) Tj ET Q q 0 0 0 rg BT 241.49 294.25 Td (from ) Tj ET Q q 0 0 0 rg BT 263.91 294.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 291.88 294.25 Td (method ) Tj ET Q q 0 0 0 rg BT 324.85 294.25 Td (investees ) Tj ET Q q 0 0 0 rg BT 364.48 294.25 Td (upon ) Tj ET Q q 0 0 0 rg BT 387.45 294.25 Td (adoption, ) Tj ET Q q 0 0 0 rg BT 427.92 294.25 Td (which ) Tj ET Q q 0 0 0 rg BT 455.33 294.25 Td (was ) Tj ET Q q 0 0 0 rg BT 473.86 294.25 Td (consistent ) Tj ET Q q 0 0 0 rg BT 516.83 294.25 Td (under ) Tj ET Q q 0 0 0 rg BT 542.58 294.25 Td (prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 76.86 282.25 Td ( ) Tj ET Q q 0 0 0 rg BT 79.36 282.25 Td (treatment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.73 265.25 Td (January ) Tj ET Q q 0 0 0 rg BT 92.23 265.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 116.13 265.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.74 265.25 Td (F) Tj ET Q q 0 0 0 rg BT 134.56 265.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 155.41 265.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 181.50 265.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 202.91 265.25 Td (2016-01, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 240.14 265.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 280.42 265.25 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 329.04 265.25 Td (- ) Tj ET Q q 0 0 0 rg BT 333.77 265.25 Td (Overall ) Tj ET Q q 0 0 0 rg BT 365.71 265.25 Td (\(Subtopic ) Tj ET Q q 0 0 0 rg BT 405.44 265.25 Td (825-10\): ) Tj ET Q q 0 0 0 rg BT 441.83 265.25 Td (Recognition ) Tj ET Q q 0 0 0 rg BT 491.54 265.25 Td (and ) Tj ET Q q 0 0 0 rg BT 507.94 265.25 Td (Measur) Tj ET Q q 0 0 0 rg BT 538.12 265.25 Td (ement ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.51 253.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 100.00 253.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 126.73 253.25 Td (and ) Tj ET Q q 0 0 0 rg BT 143.46 253.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 184.08 253.25 Td (Liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.14 253.25 Td ( ) Tj ET Q q 0 0 0 rg BT 228.87 253.25 Td (One ) Tj ET Q q 0 0 0 rg BT 247.27 253.25 Td (provision ) Tj ET Q q 0 0 0 rg BT 286.78 253.25 Td (of ) Tj ET Q q 0 0 0 rg BT 296.84 253.25 Td (this ) Tj ET Q q 0 0 0 rg BT 313.02 253.25 Td (update ) Tj ET Q q 0 0 0 rg BT 341.41 253.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 375.35 253.25 Td (that ) Tj ET Q q 0 0 0 rg BT 392.07 253.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 418.80 253.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 470.81 253.25 Td (except ) Tj ET Q q 0 0 0 rg BT 498.63 253.25 Td (those ) Tj ET Q q 0 0 0 rg BT 521.47 253.25 Td (accounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (for ) Tj ET Q q 0 0 0 rg BT 64.02 241.25 Td (under ) Tj ET Q q 0 0 0 rg BT 89.14 241.25 Td (the ) Tj ET Q q 0 0 0 rg BT 103.71 241.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 131.06 241.25 Td (method, ) Tj ET Q q 0 0 0 rg BT 165.91 241.25 Td (be ) Tj ET Q q 0 0 0 rg BT 177.70 241.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 218.37 241.25 Td (at ) Tj ET Q q 0 0 0 rg BT 227.95 241.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 244.18 241.25 Td (value ) Tj ET Q q 0 0 0 rg BT 268.19 241.25 Td (and ) Tj ET Q q 0 0 0 rg BT 284.98 241.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 319.54 241.25 Td (in ) Tj ET Q q 0 0 0 rg BT 329.68 241.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 345.91 241.25 Td (value ) Tj ET Q q 0 0 0 rg BT 369.92 241.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 416.14 241.25 Td (in ) Tj ET Q q 0 0 0 rg BT 426.27 241.25 Td (net ) Tj ET Q q 0 0 0 rg BT 440.84 241.25 Td (income. ) Tj ET Q q 0 0 0 rg BT 474.96 241.25 Td (The ) Tj ET Q q 0 0 0 rg BT 492.86 241.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 536.89 241.25 Td (of ) Tj ET Q q 0 0 0 rg BT 547.57 241.25 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.25 Td (update ) Tj ET Q q 0 0 0 rg BT 79.51 229.25 Td (are ) Tj ET Q q 0 0 0 rg BT 94.58 229.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 141.29 229.25 Td (as ) Tj ET Q q 0 0 0 rg BT 152.48 229.25 Td (a ) Tj ET Q q 0 0 0 rg BT 159.78 229.25 Td (cumulative-ef) Tj ET Q q 0 0 0 rg BT 215.12 229.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 232.96 229.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 279.70 229.25 Td (to ) Tj ET Q q 0 0 0 rg BT 290.34 229.25 Td (the ) Tj ET Q q 0 0 0 rg BT 305.41 229.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 338.80 229.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 362.20 229.25 Td (as ) Tj ET Q q 0 0 0 rg BT 373.39 229.25 Td (of ) Tj ET Q q 0 0 0 rg BT 384.58 229.25 Td (the ) Tj ET Q q 0 0 0 rg BT 399.65 229.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 442.50 229.25 Td (of ) Tj ET Q q 0 0 0 rg BT 453.69 229.25 Td (the ) Tj ET Q q 0 0 0 rg BT 468.76 229.25 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 493.27 229.25 Td (year ) Tj ET Q q 0 0 0 rg BT 513.33 229.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.52 229.25 Td (adoption. ) Tj ET Q q 0 0 0 rg BT 564.52 229.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.25 Td (For ) Tj ET Q q 0 0 0 rg BT 66.10 217.25 Td (public ) Tj ET Q q 0 0 0 rg BT 93.31 217.25 Td (entities, ) Tj ET Q q 0 0 0 rg BT 126.90 217.25 Td (this ) Tj ET Q q 0 0 0 rg BT 143.56 217.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 181.87 217.25 Td (is ) Tj ET Q q 0 0 0 rg BT 190.75 217.25 Td (ef) Tj ET Q q 0 0 0 rg BT 198.34 217.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 227.75 217.25 Td (for ) Tj ET Q q 0 0 0 rg BT 241.63 217.25 Td (years ) Tj ET Q q 0 0 0 rg BT 264.94 217.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 307.14 217.25 Td (after ) Tj ET Q q 0 0 0 rg BT 327.67 217.25 Td (December ) Tj ET Q q 0 0 0 rg BT 370.97 217.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 385.68 217.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 410.39 217.25 Td (including ) Tj ET Q q 0 0 0 rg BT 450.38 217.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 481.47 217.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 513.12 217.25 Td (within ) Tj ET Q q 0 0 0 rg BT 540.89 217.25 Td (those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 75.61 205.25 Td ( ) Tj ET Q q 0 0 0 rg BT 77.63 205.25 Td (Early ) Tj ET Q q 0 0 0 rg BT 101.30 205.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 138.31 205.25 Td (is ) Tj ET Q q 0 0 0 rg BT 146.99 205.25 Td (not ) Tj ET Q q 0 0 0 rg BT 161.78 205.25 Td (permitted, ) Tj ET Q q 0 0 0 rg BT 204.62 205.25 Td (except ) Tj ET Q q 0 0 0 rg BT 232.72 205.25 Td (for ) Tj ET Q q 0 0 0 rg BT 246.40 205.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 275.62 205.25 Td (provisions. ) Tj ET Q q 0 0 0 rg BT 321.65 205.25 Td (The ) Tj ET Q q 0 0 0 rg BT 339.21 205.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 380.12 205.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 413.79 205.25 Td (the ) Tj ET Q q 0 0 0 rg BT 428.02 205.25 Td (update ) Tj ET Q q 0 0 0 rg BT 456.69 205.25 Td (in ) Tj ET Q q 0 0 0 rg BT 466.48 205.25 Td (the ) Tj ET Q q 0 0 0 rg BT 480.71 205.25 Td (first ) Tj ET Q q 0 0 0 rg BT 498.83 205.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 529.16 205.25 Td (of ) Tj ET Q q 0 0 0 rg BT 539.51 205.25 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.74 193.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 106.93 193.25 Td (of ) Tj ET Q q 0 0 0 rg BT 118.45 193.25 Td (this ) Tj ET Q q 0 0 0 rg BT 135.39 193.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 158.59 193.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 193.44 193.25 Td (in ) Tj ET Q q 0 0 0 rg BT 204.41 193.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.82 193.25 Td (recognition ) Tj ET Q q 0 0 0 rg BT 268.55 193.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.08 193.25 Td ($377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.08 193.25 Td (,000 ) Tj ET Q q 0 0 0 rg BT 320.77 193.25 Td (of ) Tj ET Q q 0 0 0 rg BT 332.29 193.25 Td (net ) Tj ET Q q 0 0 0 rg BT 347.70 193.25 Td (after) Tj ET Q q 0 0 0 rg BT 365.82 193.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 384.56 193.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 429.39 193.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 453.69 193.25 Td (on ) Tj ET Q q 0 0 0 rg BT 466.89 193.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 495.08 193.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 546.04 193.25 Td (as ) Tj ET Q q 0 0 0 rg BT 557.57 193.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (cumulative-ef) Tj ET Q q 0 0 0 rg BT 105.35 181.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 122.13 181.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 167.81 181.25 Td (to ) Tj ET Q q 0 0 0 rg BT 177.39 181.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 211.94 181.25 Td (retained ) Tj ET Q q 0 0 0 rg BT 245.94 181.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 281.62 181.25 Td (and ) Tj ET Q q 0 0 0 rg BT 297.86 181.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 334.07 181.25 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 386.40 181.25 Td (other ) Tj ET Q q 0 0 0 rg BT 408.75 181.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 471.08 181.25 Td (income ) Tj ET Q q 0 0 0 rg BT 502.31 181.25 Td (\(AOCI\). ) Tj ET Q q 0 0 0 rg BT 546.46 181.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 96.65 169.25 Td (section ) Tj ET Q q 0 0 0 rg BT 127.75 169.25 Td (of ) Tj ET Q q 0 0 0 rg BT 138.85 169.25 Td (the ) Tj ET Q q 0 0 0 rg BT 153.84 169.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 201.05 169.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 256.60 169.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 303.25 169.25 Td (of ) Tj ET Q q 0 0 0 rg BT 314.36 169.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 354.34 169.25 Td (Position ) Tj ET Q q 0 0 0 rg BT 389.90 169.25 Td (has ) Tj ET Q q 0 0 0 rg BT 406.00 169.25 Td (been ) Tj ET Q q 0 0 0 rg BT 427.65 169.25 Td (modified ) Tj ET Q q 0 0 0 rg BT 466.53 169.25 Td (from ) Tj ET Q q 0 0 0 rg BT 488.74 169.25 Td (year ) Tj ET Q q 0 0 0 rg BT 508.72 169.25 Td (end ) Tj ET Q q 0 0 0 rg BT 525.93 169.25 Td (to ) Tj ET Q q 0 0 0 rg BT 536.48 169.25 Td (reflect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.50 157.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 94.99 157.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 135.25 157.25 Td (are ) Tj ET Q q 0 0 0 rg BT 149.96 157.25 Td (no ) Tj ET Q q 0 0 0 rg BT 162.46 157.25 Td (longer ) Tj ET Q q 0 0 0 rg BT 190.51 157.25 Td (classified ) Tj ET Q q 0 0 0 rg BT 230.77 157.25 Td (as ) Tj ET Q q 0 0 0 rg BT 241.60 157.25 Td (available-for) Tj ET Q q 0 0 0 rg BT 292.48 157.25 Td (-sale. ) Tj ET Q endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.60 742.10 Td (F) Tj ET Q q 0 0 0 rg BT 73.42 742.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 95.93 742.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 123.31 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 146.36 742.10 Td (2014-09, ) Tj ET Q q 0 0 0 rg BT 184.57 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 207.63 742.10 Td (2015-14, ) Tj ET Q q 0 0 0 rg BT 245.84 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 268.90 742.10 Td (2016-10, ) Tj ET Q q 0 0 0 rg BT 307.11 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 330.17 742.10 Td (2016-12, ) Tj ET Q q 0 0 0 rg BT 368.38 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 391.43 742.10 Td (2016-20 ) Tj ET Q q 0 0 0 rg BT 427.82 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.63 742.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 467.69 742.10 Td (2017-05, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 506.58 742.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 543.49 742.10 Td (fr) Tj ET Q q 0 0 0 rg BT 549.79 742.10 Td (om ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Contracts ) Tj ET Q q 0 0 0 rg BT 92.37 730.10 Td (with ) Tj ET Q q 0 0 0 rg BT 112.51 730.10 Td (Customers ) Tj ET Q q 0 0 0 rg BT 158.21 730.10 Td (\(T) Tj ET Q q 0 0 0 rg BT 166.19 730.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 186.32 730.10 Td (606\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.65 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 209.86 730.10 Td (This ) Tj ET Q q 0 0 0 rg BT 230.56 730.10 Td (update ) Tj ET Q q 0 0 0 rg BT 260.13 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 269.72 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 277.08 730.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 340.53 730.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 375.10 730.10 Td (recognition ) Tj ET Q q 0 0 0 rg BT 423.56 730.10 Td (standard ) Tj ET Q q 0 0 0 rg BT 460.35 730.10 Td (that ) Tj ET Q q 0 0 0 rg BT 478.27 730.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 509.51 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 520.21 730.10 Td (all ) Tj ET Q q 0 0 0 rg BT 533.12 730.10 Td (entities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (that ) Tj ET Q q 0 0 0 rg BT 68.19 718.10 Td (have ) Tj ET Q q 0 0 0 rg BT 90.27 718.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 129.56 718.10 Td (with ) Tj ET Q q 0 0 0 rg BT 150.54 718.10 Td (customers, ) Tj ET Q q 0 0 0 rg BT 196.78 718.10 Td (except ) Tj ET Q q 0 0 0 rg BT 226.07 718.10 Td (for ) Tj ET Q q 0 0 0 rg BT 240.93 718.10 Td (those ) Tj ET Q q 0 0 0 rg BT 265.24 718.10 Td (that ) Tj ET Q q 0 0 0 rg BT 283.43 718.10 Td (fall ) Tj ET Q q 0 0 0 rg BT 299.96 718.10 Td (within ) Tj ET Q q 0 0 0 rg BT 328.71 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 344.13 718.10 Td (scope ) Tj ET Q q 0 0 0 rg BT 370.09 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 381.62 718.10 Td (other ) Tj ET Q q 0 0 0 rg BT 405.37 718.10 Td (standards, ) Tj ET Q q 0 0 0 rg BT 448.83 718.10 Td (such ) Tj ET Q q 0 0 0 rg BT 470.36 718.10 Td (as ) Tj ET Q q 0 0 0 rg BT 481.89 718.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 523.40 718.10 Td (contracts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Updates ) Tj ET Q q 0 0 0 rg BT 85.46 706.10 Td (may ) Tj ET Q q 0 0 0 rg BT 105.37 706.10 Td (be ) Tj ET Q q 0 0 0 rg BT 117.50 706.10 Td (applied ) Tj ET Q q 0 0 0 rg BT 149.62 706.10 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 211.73 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 222.20 706.10 Td (each ) Tj ET Q q 0 0 0 rg BT 243.20 706.10 Td (period ) Tj ET Q q 0 0 0 rg BT 271.44 706.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 312.45 706.10 Td (or ) Tj ET Q q 0 0 0 rg BT 323.47 706.10 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 385.58 706.10 Td (with ) Tj ET Q q 0 0 0 rg BT 406.04 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.95 706.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 468.07 706.10 Td (ef) Tj ET Q q 0 0 0 rg BT 475.66 706.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 493.33 706.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 539.89 706.10 Td (at ) Tj ET Q q 0 0 0 rg BT 549.79 706.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (date ) Tj ET Q q 0 0 0 rg BT 69.79 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 81.26 694.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 107.73 694.10 Td (application. ) Tj ET Q q 0 0 0 rg BT 157.57 694.10 Td (The ) Tj ET Q q 0 0 0 rg BT 176.25 694.10 Td (update ) Tj ET Q q 0 0 0 rg BT 206.04 694.10 Td (is ) Tj ET Q q 0 0 0 rg BT 215.85 694.10 Td (now ) Tj ET Q q 0 0 0 rg BT 236.21 694.10 Td (ef) Tj ET Q q 0 0 0 rg BT 243.80 694.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 274.14 694.10 Td (for ) Tj ET Q q 0 0 0 rg BT 288.93 694.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 320.95 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 338.53 694.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 368.32 694.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 408.11 694.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 440.69 694.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 483.82 694.10 Td (after ) Tj ET Q q 0 0 0 rg BT 505.27 694.10 Td (December ) Tj ET Q q 0 0 0 rg BT 549.50 694.10 Td (15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 74.37 682.10 Td (The ) Tj ET Q q 0 0 0 rg BT 91.92 682.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 132.82 682.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 166.49 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 180.71 682.10 Td (update ) Tj ET Q q 0 0 0 rg BT 209.38 682.10 Td (in ) Tj ET Q q 0 0 0 rg BT 219.17 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 233.40 682.10 Td (first ) Tj ET Q q 0 0 0 rg BT 251.52 682.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 281.84 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 292.18 682.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 314.19 682.10 Td (with ) Tj ET Q q 0 0 0 rg BT 333.98 682.10 Td (no ) Tj ET Q q 0 0 0 rg BT 345.99 682.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 375.22 682.10 Td (on ) Tj ET Q q 0 0 0 rg BT 387.23 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 401.45 682.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 454.01 682.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 491.00 682.10 Td (statements. ) Tj ET Q q 0 0 0 rg BT 537.58 682.10 Td (While ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (these ) Tj ET Q q 0 0 0 rg BT 72.10 670.10 Td (updates ) Tj ET Q q 0 0 0 rg BT 104.20 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 113.42 670.10 Td (T) Tj ET Q q 0 0 0 rg BT 118.83 670.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 137.59 670.10 Td (606 ) Tj ET Q q 0 0 0 rg BT 154.15 670.10 Td (are ) Tj ET Q q 0 0 0 rg BT 167.90 670.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 204.99 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 214.32 670.10 Td (have ) Tj ET Q q 0 0 0 rg BT 234.75 670.10 Td (a ) Tj ET Q q 0 0 0 rg BT 240.74 670.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 284.50 670.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 313.26 670.10 Td (on ) Tj ET Q q 0 0 0 rg BT 324.82 670.10 Td (many ) Tj ET Q q 0 0 0 rg BT 348.58 670.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 395.06 670.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 418.75 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 420.31 670.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 453.50 670.10 Td (is ) Tj ET Q q 0 0 0 rg BT 461.72 670.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 493.26 670.10 Td (from ) Tj ET Q q 0 0 0 rg BT 514.25 670.10 Td (transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (that ) Tj ET Q q 0 0 0 rg BT 67.50 658.10 Td (do ) Tj ET Q q 0 0 0 rg BT 80.00 658.10 Td (not ) Tj ET Q q 0 0 0 rg BT 95.27 658.10 Td (fall ) Tj ET Q q 0 0 0 rg BT 111.10 658.10 Td (within ) Tj ET Q q 0 0 0 rg BT 139.16 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.87 658.10 Td (scope ) Tj ET Q q 0 0 0 rg BT 179.14 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 189.79 658.10 Td (T) Tj ET Q q 0 0 0 rg BT 195.20 658.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 214.92 658.10 Td (606, ) Tj ET Q q 0 0 0 rg BT 234.92 658.10 Td (namely ) Tj ET Q q 0 0 0 rg BT 266.85 658.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 307.67 658.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 348.76 658.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 395.14 658.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 429.58 658.10 Td (and ) Tj ET Q q 0 0 0 rg BT 446.51 658.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 469.00 658.10 Td (income. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (Not ) Tj ET Q q 0 0 0 rg BT 67.68 641.10 Td (Y) Tj ET Q q 0 0 0 rg BT 73.79 641.10 Td (et ) Tj ET Q q 0 0 0 rg BT 83.51 641.10 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.52 624.10 Td (March ) Tj ET Q q 0 0 0 rg BT 88.82 624.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 113.51 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.92 624.10 Td (F) Tj ET Q q 0 0 0 rg BT 132.74 624.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 154.39 624.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 181.10 624.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 203.30 624.10 Td (2017-08, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 241.33 624.10 Td (ReceivablesNonr) Tj ET Q q 0 0 0 rg BT 318.16 624.10 Td (efundable ) Tj ET Q q 0 0 0 rg BT 359.79 624.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 380.86 624.10 Td (and ) Tj ET Q q 0 0 0 rg BT 398.05 624.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 423.58 624.10 Td (Costs ) Tj ET Q q 0 0 0 rg BT 448.00 624.10 Td (\(Subtopic ) Tj ET Q q 0 0 0 rg BT 488.52 624.10 Td (310-20\): ) Tj ET Q q 0 0 0 rg BT 525.71 624.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 535.34 624.10 Td (emium ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (Amortization ) Tj ET Q q 0 0 0 rg BT 103.83 612.10 Td (on ) Tj ET Q q 0 0 0 rg BT 115.44 612.10 Td (Pur) Tj ET Q q 0 0 0 rg BT 130.07 612.10 Td (chased ) Tj ET Q q 0 0 0 rg BT 159.44 612.10 Td (Callable ) Tj ET Q q 0 0 0 rg BT 195.49 612.10 Td (Debt ) Tj ET Q q 0 0 0 rg BT 216.53 612.10 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.97 612.10 Td (. ) Tj ET Q q 0 0 0 rg BT 259.96 612.10 Td (This ) Tj ET Q q 0 0 0 rg BT 279.34 612.10 Td (update ) Tj ET Q q 0 0 0 rg BT 307.60 612.10 Td (shortens ) Tj ET Q q 0 0 0 rg BT 342.54 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.36 612.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 408.50 612.10 Td (period ) Tj ET Q q 0 0 0 rg BT 435.65 612.10 Td (for ) Tj ET Q q 0 0 0 rg BT 448.92 612.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 477.73 612.10 Td (callable ) Tj ET Q q 0 0 0 rg BT 510.42 612.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 532.57 612.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 90.71 600.10 Td (held ) Tj ET Q q 0 0 0 rg BT 110.88 600.10 Td (at ) Tj ET Q q 0 0 0 rg BT 121.05 600.10 Td (a ) Tj ET Q q 0 0 0 rg BT 128.44 600.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 167.49 600.10 Td (to ) Tj ET Q q 0 0 0 rg BT 178.22 600.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.39 600.10 Td (earliest ) Tj ET Q q 0 0 0 rg BT 225.21 600.10 Td (possible ) Tj ET Q q 0 0 0 rg BT 260.94 600.10 Td (call ) Tj ET Q q 0 0 0 rg BT 278.33 600.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 300.43 600.10 Td (For ) Tj ET Q q 0 0 0 rg BT 317.27 600.10 Td (public ) Tj ET Q q 0 0 0 rg BT 345.22 600.10 Td (entities, ) Tj ET Q q 0 0 0 rg BT 379.55 600.10 Td (this ) Tj ET Q q 0 0 0 rg BT 396.95 600.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 436.00 600.10 Td (is ) Tj ET Q q 0 0 0 rg BT 445.62 600.10 Td (ef) Tj ET Q q 0 0 0 rg BT 453.20 600.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 483.36 600.10 Td (for ) Tj ET Q q 0 0 0 rg BT 497.97 600.10 Td (years ) Tj ET Q q 0 0 0 rg BT 522.02 600.10 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (after ) Tj ET Q q 0 0 0 rg BT 69.80 588.10 Td (December ) Tj ET Q q 0 0 0 rg BT 112.36 588.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 126.35 588.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 150.33 588.10 Td (including ) Tj ET Q q 0 0 0 rg BT 189.58 588.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 219.95 588.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 250.87 588.10 Td (within ) Tj ET Q q 0 0 0 rg BT 277.91 588.10 Td (those ) Tj ET Q q 0 0 0 rg BT 300.50 588.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 325.58 588.10 Td (Early ) Tj ET Q q 0 0 0 rg BT 348.71 588.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 385.19 588.10 Td (is ) Tj ET Q q 0 0 0 rg BT 393.34 588.10 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 435.54 588.10 Td (The ) Tj ET Q q 0 0 0 rg BT 452.57 588.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 492.94 588.10 Td (plans ) Tj ET Q q 0 0 0 rg BT 515.53 588.10 Td (on ) Tj ET Q q 0 0 0 rg BT 527.01 588.10 Td (adopting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.13 576.10 Td (update ) Tj ET Q q 0 0 0 rg BT 92.71 576.10 Td (on ) Tj ET Q q 0 0 0 rg BT 104.62 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 118.75 576.10 Td (required ) Tj ET Q q 0 0 0 rg BT 153.99 576.10 Td (ef) Tj ET Q q 0 0 0 rg BT 161.57 576.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 190.69 576.10 Td (date ) Tj ET Q q 0 0 0 rg BT 209.27 576.10 Td (using ) Tj ET Q q 0 0 0 rg BT 232.85 576.10 Td (the ) Tj ET Q q 0 0 0 rg BT 246.98 576.10 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 290.55 576.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 328.57 576.10 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 382.12 576.10 Td (approach. ) Tj ET Q q 0 0 0 rg BT 422.76 576.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 445.79 576.10 Td (has ) Tj ET Q q 0 0 0 rg BT 461.03 576.10 Td (a ) Tj ET Q q 0 0 0 rg BT 467.39 576.10 Td (number ) Tj ET Q q 0 0 0 rg BT 499.85 576.10 Td (of ) Tj ET Q q 0 0 0 rg BT 510.10 576.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 532.56 576.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 89.87 564.10 Td (that ) Tj ET Q q 0 0 0 rg BT 106.98 564.10 Td (are ) Tj ET Q q 0 0 0 rg BT 121.29 564.10 Td (callable ) Tj ET Q q 0 0 0 rg BT 154.49 564.10 Td (and ) Tj ET Q q 0 0 0 rg BT 171.04 564.10 Td (held ) Tj ET Q q 0 0 0 rg BT 190.36 564.10 Td (at ) Tj ET Q q 0 0 0 rg BT 199.69 564.10 Td (a ) Tj ET Q q 0 0 0 rg BT 206.23 564.10 Td (premium. ) Tj ET Q q 0 0 0 rg BT 246.79 564.10 Td (The ) Tj ET Q q 0 0 0 rg BT 264.45 564.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 296.55 564.10 Td (of ) Tj ET Q q 0 0 0 rg BT 306.99 564.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.31 564.10 Td (dif) Tj ET Q q 0 0 0 rg BT 332.24 564.10 Td (ference ) Tj ET Q q 0 0 0 rg BT 363.76 564.10 Td (in ) Tj ET Q q 0 0 0 rg BT 373.65 564.10 Td (amortization ) Tj ET Q q 0 0 0 rg BT 426.30 564.10 Td (from ) Tj ET Q q 0 0 0 rg BT 447.84 564.10 Td (current ) Tj ET Q q 0 0 0 rg BT 478.27 564.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 524.25 564.10 Td (treatment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.92 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.28 552.10 Td (change ) Tj ET Q q 0 0 0 rg BT 104.73 552.10 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 148.52 552.10 Td (in ) Tj ET Q q 0 0 0 rg BT 158.44 552.10 Td (this ) Tj ET Q q 0 0 0 rg BT 174.56 552.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 196.70 552.10 Td (will ) Tj ET Q q 0 0 0 rg BT 214.40 552.10 Td (be ) Tj ET Q q 0 0 0 rg BT 225.98 552.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 263.10 552.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 285.24 552.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 322.37 552.10 Td (as ) Tj ET Q q 0 0 0 rg BT 332.85 552.10 Td (an ) Tj ET Q q 0 0 0 rg BT 344.42 552.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 390.45 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 400.37 552.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 434.71 552.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 470.73 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 487.31 552.10 Td (treated ) Tj ET Q q 0 0 0 rg BT 516.65 552.10 Td (as ) Tj ET Q q 0 0 0 rg BT 527.12 552.10 Td (a ) Tj ET Q q 0 0 0 rg BT 533.70 552.10 Td (change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.69 540.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 105.48 540.10 Td (principle. ) Tj ET Q q 0 0 0 rg BT 145.01 540.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 168.03 540.10 Td (is ) Tj ET Q q 0 0 0 rg BT 176.61 540.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 214.62 540.10 Td (evaluating ) Tj ET Q q 0 0 0 rg BT 258.18 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 272.31 540.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 309.22 540.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 338.34 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 348.59 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.29 540.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 384.21 540.10 Td (on ) Tj ET Q q 0 0 0 rg BT 396.12 540.10 Td (these ) Tj ET Q q 0 0 0 rg BT 418.58 540.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 447.70 540.10 Td (securities, ) Tj ET Q q 0 0 0 rg BT 489.88 540.10 Td (which ) Tj ET Q q 0 0 0 rg BT 516.23 540.10 Td (will ) Tj ET Q q 0 0 0 rg BT 533.70 540.10 Td (change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.83 528.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 101.09 528.10 Td (mature, ) Tj ET Q q 0 0 0 rg BT 133.86 528.10 Td (are ) Tj ET Q q 0 0 0 rg BT 148.56 528.10 Td (sold, ) Tj ET Q q 0 0 0 rg BT 170.23 528.10 Td (or ) Tj ET Q q 0 0 0 rg BT 181.06 528.10 Td (are ) Tj ET Q q 0 0 0 rg BT 195.77 528.10 Td (purchased.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.95 511.10 Td (June ) Tj ET Q q 0 0 0 rg BT 81.89 511.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 107.01 511.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.84 511.10 Td (F) Tj ET Q q 0 0 0 rg BT 126.66 511.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 148.73 511.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 175.77 511.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 198.39 511.10 Td (2016-13, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 236.84 511.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 278.33 511.10 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 328.17 511.10 Td (- ) Tj ET Q q 0 0 0 rg BT 334.12 511.10 Td (Cr) Tj ET Q q 0 0 0 rg BT 344.31 511.10 Td (edit ) Tj ET Q q 0 0 0 rg BT 361.92 511.10 Td (Losses ) Tj ET Q q 0 0 0 rg BT 391.21 511.10 Td (\(T) Tj ET Q q 0 0 0 rg BT 399.19 511.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 419.02 511.10 Td (326\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.35 511.10 Td (. ) Tj ET Q q 0 0 0 rg BT 442.46 511.10 Td ( ) Tj ET Q q 0 0 0 rg BT 444.89 511.10 Td (The ) Tj ET Q q 0 0 0 rg BT 463.05 511.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 507.34 511.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.29 511.10 Td (this ) Tj ET Q q 0 0 0 rg BT 535.35 511.10 Td (update ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (require ) Tj ET Q q 0 0 0 rg BT 81.02 499.10 Td (an ) Tj ET Q q 0 0 0 rg BT 93.17 499.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 118.65 499.10 Td (to ) Tj ET Q q 0 0 0 rg BT 129.14 499.10 Td (broaden ) Tj ET Q q 0 0 0 rg BT 164.05 499.10 Td (the ) Tj ET Q q 0 0 0 rg BT 178.97 499.10 Td (information ) Tj ET Q q 0 0 0 rg BT 228.89 499.10 Td (that ) Tj ET Q q 0 0 0 rg BT 246.60 499.10 Td (it ) Tj ET Q q 0 0 0 rg BT 254.86 499.10 Td (considers ) Tj ET Q q 0 0 0 rg BT 295.34 499.10 Td (in ) Tj ET Q q 0 0 0 rg BT 305.82 499.10 Td (developing ) Tj ET Q q 0 0 0 rg BT 352.96 499.10 Td (its ) Tj ET Q q 0 0 0 rg BT 365.12 499.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 408.36 499.10 Td (for ) Tj ET Q q 0 0 0 rg BT 422.73 499.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 448.20 499.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 474.80 499.10 Td (for ) Tj ET Q q 0 0 0 rg BT 489.17 499.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 517.70 499.10 Td ( ) Tj ET Q q 0 0 0 rg BT 520.41 499.10 Td (For ) Tj ET Q q 0 0 0 rg BT 537.01 499.10 Td (public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (entities, ) Tj ET Q q 0 0 0 rg BT 83.24 487.10 Td (this ) Tj ET Q q 0 0 0 rg BT 99.55 487.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 137.50 487.10 Td (is ) Tj ET Q q 0 0 0 rg BT 146.03 487.10 Td (ef) Tj ET Q q 0 0 0 rg BT 153.62 487.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 182.68 487.10 Td (for ) Tj ET Q q 0 0 0 rg BT 196.20 487.10 Td (years ) Tj ET Q q 0 0 0 rg BT 219.16 487.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 261.01 487.10 Td (after ) Tj ET Q q 0 0 0 rg BT 281.19 487.10 Td (December ) Tj ET Q q 0 0 0 rg BT 324.13 487.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 338.49 487.10 Td (2019, ) Tj ET Q q 0 0 0 rg BT 362.85 487.10 Td (including ) Tj ET Q q 0 0 0 rg BT 402.48 487.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 433.22 487.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 464.52 487.10 Td (within ) Tj ET Q q 0 0 0 rg BT 491.94 487.10 Td (those ) Tj ET Q q 0 0 0 rg BT 514.91 487.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 540.36 487.10 Td (Early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 87.85 475.10 Td (is ) Tj ET Q q 0 0 0 rg BT 97.38 475.10 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 140.85 475.10 Td (The ) Tj ET Q q 0 0 0 rg BT 159.25 475.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 200.99 475.10 Td (plans ) Tj ET Q q 0 0 0 rg BT 224.96 475.10 Td (on ) Tj ET Q q 0 0 0 rg BT 237.82 475.10 Td (adopting ) Tj ET Q q 0 0 0 rg BT 275.67 475.10 Td (the ) Tj ET Q q 0 0 0 rg BT 290.74 475.10 Td (update ) Tj ET Q q 0 0 0 rg BT 320.25 475.10 Td (on ) Tj ET Q q 0 0 0 rg BT 333.11 475.10 Td (the ) Tj ET Q q 0 0 0 rg BT 348.18 475.10 Td (required ) Tj ET Q q 0 0 0 rg BT 384.35 475.10 Td (ef) Tj ET Q q 0 0 0 rg BT 391.94 475.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 422.00 475.10 Td (date. ) Tj ET Q q 0 0 0 rg BT 443.38 475.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 467.35 475.10 Td (does ) Tj ET Q q 0 0 0 rg BT 488.53 475.10 Td (not ) Tj ET Q q 0 0 0 rg BT 504.17 475.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 543.12 475.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (any ) Tj ET Q q 0 0 0 rg BT 66.95 463.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 117.24 463.10 Td (with ) Tj ET Q q 0 0 0 rg BT 137.53 463.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 162.80 463.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 189.21 463.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 226.69 463.10 Td (or ) Tj ET Q q 0 0 0 rg BT 237.54 463.10 Td (other ) Tj ET Q q 0 0 0 rg BT 260.60 463.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 305.32 463.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 330.60 463.10 Td (allowances, ) Tj ET Q q 0 0 0 rg BT 380.03 463.10 Td (therefore ) Tj ET Q q 0 0 0 rg BT 418.63 463.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.36 463.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 477.54 463.10 Td (of ) Tj ET Q q 0 0 0 rg BT 488.38 463.10 Td (this ) Tj ET Q q 0 0 0 rg BT 505.34 463.10 Td (update ) Tj ET Q q 0 0 0 rg BT 534.51 463.10 Td (are ) Tj ET Q q 0 0 0 rg BT 549.23 463.10 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 88.64 451.10 Td (to ) Tj ET Q q 0 0 0 rg BT 99.52 451.10 Td (have ) Tj ET Q q 0 0 0 rg BT 121.50 451.10 Td (a ) Tj ET Q q 0 0 0 rg BT 129.05 451.10 Td (material ) Tj ET Q q 0 0 0 rg BT 164.91 451.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 195.23 451.10 Td (on ) Tj ET Q q 0 0 0 rg BT 208.33 451.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.66 451.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 277.30 451.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 315.39 451.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 360.71 451.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 383.81 451.10 Td (adoption. ) Tj ET Q q 0 0 0 rg BT 423.73 451.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 447.94 451.10 Td (will ) Tj ET Q q 0 0 0 rg BT 466.60 451.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 504.14 451.10 Td (to ) Tj ET Q q 0 0 0 rg BT 515.03 451.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 549.80 451.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 96.38 439.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 133.88 439.10 Td (and ) Tj ET Q q 0 0 0 rg BT 150.82 439.10 Td (other ) Tj ET Q q 0 0 0 rg BT 173.86 439.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 211.34 439.10 Td (instruments ) Tj ET Q q 0 0 0 rg BT 260.51 439.10 Td (until ) Tj ET Q q 0 0 0 rg BT 281.34 439.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 318.84 439.10 Td (for ) Tj ET Q q 0 0 0 rg BT 333.00 439.10 Td (any ) Tj ET Q q 0 0 0 rg BT 349.94 439.10 Td (changes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (In ) Tj ET Q q 0 0 0 rg BT 61.47 422.10 Td (February ) Tj ET Q q 0 0 0 rg BT 100.72 422.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 126.36 422.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.72 422.10 Td (F) Tj ET Q q 0 0 0 rg BT 146.54 422.10 Td (ASB ) Tj ET Q q 0 0 0 rg BT 169.14 422.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 196.59 422.10 Td (ASU ) Tj ET Q q 0 0 0 rg BT 219.74 422.10 Td (2016-02, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 258.72 422.10 Td (Leases ) Tj ET Q q 0 0 0 rg BT 289.08 422.10 Td (\(T) Tj ET Q q 0 0 0 rg BT 297.06 422.10 Td (opic ) Tj ET Q q 0 0 0 rg BT 317.42 422.10 Td (842\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.25 422.10 Td ( ) Tj ET Q q 0 0 0 rg BT 341.16 422.10 Td (The ) Tj ET Q q 0 0 0 rg BT 359.86 422.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 404.67 422.10 Td (of ) Tj ET Q q 0 0 0 rg BT 416.14 422.10 Td (this ) Tj ET Q q 0 0 0 rg BT 433.74 422.10 Td (update ) Tj ET Q q 0 0 0 rg BT 463.54 422.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 493.89 422.10 Td (the ) Tj ET Q q 0 0 0 rg BT 509.25 422.10 Td (classification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (criteria, ) Tj ET Q q 0 0 0 rg BT 83.71 410.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 127.16 410.10 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 184.77 410.10 Td (and ) Tj ET Q q 0 0 0 rg BT 202.11 410.10 Td (other ) Tj ET Q q 0 0 0 rg BT 225.56 410.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 259.56 410.10 Td (transactions ) Tj ET Q q 0 0 0 rg BT 310.22 410.10 Td (in ) Tj ET Q q 0 0 0 rg BT 320.90 410.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 343.79 410.10 Td (accounting. ) Tj ET Q q 0 0 0 rg BT 392.86 410.10 Td (The ) Tj ET Q q 0 0 0 rg BT 411.31 410.10 Td (update ) Tj ET Q q 0 0 0 rg BT 440.86 410.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 475.97 410.10 Td (the ) Tj ET Q q 0 0 0 rg BT 491.09 410.10 Td (use ) Tj ET Q q 0 0 0 rg BT 507.33 410.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.56 410.10 Td (a ) Tj ET Q q 0 0 0 rg BT 525.90 410.10 Td (modified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 103.85 398.10 Td (approach, ) Tj ET Q q 0 0 0 rg BT 145.20 398.10 Td (which ) Tj ET Q q 0 0 0 rg BT 171.84 398.10 Td (requires ) Tj ET Q q 0 0 0 rg BT 206.25 398.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 232.33 398.10 Td (to ) Tj ET Q q 0 0 0 rg BT 242.31 398.10 Td (be ) Tj ET Q q 0 0 0 rg BT 253.96 398.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 294.48 398.10 Td (at ) Tj ET Q q 0 0 0 rg BT 303.90 398.10 Td (the ) Tj ET Q q 0 0 0 rg BT 318.32 398.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 360.52 398.10 Td (of ) Tj ET Q q 0 0 0 rg BT 371.05 398.10 Td (the ) Tj ET Q q 0 0 0 rg BT 385.48 398.10 Td (earliest ) Tj ET Q q 0 0 0 rg BT 416.55 398.10 Td (period ) Tj ET Q q 0 0 0 rg BT 444.30 398.10 Td (presented. ) Tj ET Q q 0 0 0 rg BT 487.32 398.10 Td (For ) Tj ET Q q 0 0 0 rg BT 503.42 398.10 Td (public ) Tj ET Q q 0 0 0 rg BT 530.62 398.10 Td (entities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (this ) Tj ET Q q 0 0 0 rg BT 66.11 386.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 103.86 386.10 Td (is ) Tj ET Q q 0 0 0 rg BT 112.19 386.10 Td (ef) Tj ET Q q 0 0 0 rg BT 119.77 386.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 148.63 386.10 Td (for ) Tj ET Q q 0 0 0 rg BT 161.95 386.10 Td (years ) Tj ET Q q 0 0 0 rg BT 184.71 386.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 226.36 386.10 Td (after ) Tj ET Q q 0 0 0 rg BT 246.33 386.10 Td (December ) Tj ET Q q 0 0 0 rg BT 289.07 386.10 Td (15, ) Tj ET Q q 0 0 0 rg BT 303.23 386.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 327.39 386.10 Td (including ) Tj ET Q q 0 0 0 rg BT 366.82 386.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 397.36 386.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 428.46 386.10 Td (within ) Tj ET Q q 0 0 0 rg BT 455.67 386.10 Td (those ) Tj ET Q q 0 0 0 rg BT 478.44 386.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 503.69 386.10 Td (Early ) Tj ET Q q 0 0 0 rg BT 527.01 386.10 Td (adoption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (is ) Tj ET Q q 0 0 0 rg BT 58.89 374.10 Td (permitted. ) Tj ET Q q 0 0 0 rg BT 101.78 374.10 Td (The ) Tj ET Q q 0 0 0 rg BT 119.55 374.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 160.66 374.10 Td (plans ) Tj ET Q q 0 0 0 rg BT 183.99 374.10 Td (on ) Tj ET Q q 0 0 0 rg BT 196.21 374.10 Td (adopting ) Tj ET Q q 0 0 0 rg BT 233.43 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 247.87 374.10 Td (update ) Tj ET Q q 0 0 0 rg BT 276.75 374.10 Td (on ) Tj ET Q q 0 0 0 rg BT 288.97 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.41 374.10 Td (required ) Tj ET Q q 0 0 0 rg BT 338.95 374.10 Td (ef) Tj ET Q q 0 0 0 rg BT 346.54 374.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 375.96 374.10 Td (date ) Tj ET Q q 0 0 0 rg BT 394.84 374.10 Td (using ) Tj ET Q q 0 0 0 rg BT 418.73 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 433.17 374.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 471.50 374.10 Td (retrospective ) Tj ET Q q 0 0 0 rg BT 525.36 374.10 Td (approach ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.63 362.10 Td (restate ) Tj ET Q q 0 0 0 rg BT 89.57 362.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 132.41 362.10 Td (with ) Tj ET Q q 0 0 0 rg BT 153.04 362.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.11 362.10 Td (earliest ) Tj ET Q q 0 0 0 rg BT 199.83 362.10 Td (period ) Tj ET Q q 0 0 0 rg BT 228.23 362.10 Td (presented. ) Tj ET Q q 0 0 0 rg BT 271.89 362.10 Td (See ) Tj ET Q q 0 0 0 rg BT 289.18 362.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 311.46 362.10 Td (8, ) Tj ET Q q 0 0 0 rg BT 321.81 362.10 Td (Commitments ) Tj ET Q q 0 0 0 rg BT 384.66 362.10 Td (and ) Tj ET Q q 0 0 0 rg BT 401.95 362.10 Td (Contingencies) Tj ET Q q 0 0 0 rg BT 461.75 362.10 Td ( ) Tj ET Q q 0 0 0 rg BT 464.60 362.10 Td (for ) Tj ET Q q 0 0 0 rg BT 479.11 362.10 Td (further ) Tj ET Q q 0 0 0 rg BT 509.17 362.10 Td (discussion ) Tj ET Q q 0 0 0 rg BT 553.68 362.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.78 350.10 Td (future ) Tj ET Q q 0 0 0 rg BT 93.23 350.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 116.78 350.10 Td (commitments. ) Tj ET Q q 0 0 0 rg BT 177.03 350.10 Td (The ) Tj ET Q q 0 0 0 rg BT 196.14 350.10 Td (adoption ) Tj ET Q q 0 0 0 rg BT 234.70 350.10 Td (of ) Tj ET Q q 0 0 0 rg BT 246.60 350.10 Td (this ) Tj ET Q q 0 0 0 rg BT 264.62 350.10 Td (update ) Tj ET Q q 0 0 0 rg BT 294.84 350.10 Td (is ) Tj ET Q q 0 0 0 rg BT 305.07 350.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 344.17 350.10 Td (to ) Tj ET Q q 0 0 0 rg BT 355.52 350.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 391.84 350.10 Td (both ) Tj ET Q q 0 0 0 rg BT 413.18 350.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 440.08 350.10 Td (and ) Tj ET Q q 0 0 0 rg BT 458.09 350.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 501.37 350.10 Td (equally) Tj ET Q q 0 0 0 rg BT 530.15 350.10 Td (, ) Tj ET Q q 0 0 0 rg BT 536.22 350.10 Td (on ) Tj ET Q q 0 0 0 rg BT 549.79 350.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 104.57 338.10 Td (Statements ) Tj ET Q q 0 0 0 rg BT 150.25 338.10 Td (of ) Tj ET Q q 0 0 0 rg BT 160.37 338.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 199.38 338.10 Td (Position ) Tj ET Q q 0 0 0 rg BT 233.96 338.10 Td (by ) Tj ET Q q 0 0 0 rg BT 245.76 338.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.77 338.10 Td (present ) Tj ET Q q 0 0 0 rg BT 290.45 338.10 Td (value ) Tj ET Q q 0 0 0 rg BT 313.90 338.10 Td (of ) Tj ET Q q 0 0 0 rg BT 324.02 338.10 Td (the ) Tj ET Q q 0 0 0 rg BT 338.04 338.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 363.71 338.10 Td (at ) Tj ET Q q 0 0 0 rg BT 372.72 338.10 Td (each ) Tj ET Q q 0 0 0 rg BT 392.83 338.10 Td (reporting ) Tj ET Q 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ET Q q 0 0 0 rg BT 338.04 326.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 373.85 326.10 Td (liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (All ) Tj ET Q q 0 0 0 rg BT 64.95 309.10 Td (other ) Tj ET Q q 0 0 0 rg BT 87.67 309.10 Td (recently ) Tj ET Q q 0 0 0 rg BT 122.05 309.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 149.22 309.10 Td (pronouncements ) Tj ET Q q 0 0 0 rg BT 217.49 309.10 Td (with ) Tj ET Q q 0 0 0 rg BT 237.44 309.10 Td (ef) Tj ET Q q 0 0 0 rg BT 245.02 309.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 274.40 309.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 297.12 309.10 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.61 309.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 360.88 309.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.88 309.10 Td ( ) Tj ET Q q 0 0 0 rg BT 383.05 309.10 Td (are ) Tj ET Q q 0 0 0 rg BT 397.43 309.10 Td (not ) Tj ET Q q 0 0 0 rg BT 412.38 309.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 450.09 309.10 Td (to ) Tj ET Q q 0 0 0 rg BT 460.04 309.10 Td (have ) Tj ET Q q 0 0 0 rg BT 481.09 309.10 Td (a ) Tj ET Q q 0 0 0 rg BT 487.70 309.10 Td (material ) Tj ET Q q 0 0 0 rg BT 522.63 309.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 552.02 309.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 297.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 117.76 297.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 155.24 297.10 Td (statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 275.10 Td (3. ) Tj ET Q q 0 0 0 rg BT 78.00 275.10 Td (INT) Tj ET Q q 0 0 0 rg BT 95.04 275.10 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 143.11 275.10 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 258.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.43 258.10 Td (table ) Tj ET Q q 0 0 0 rg BT 131.37 258.10 Td (presents ) Tj ET Q q 0 0 0 rg BT 166.64 258.10 Td (a ) Tj ET Q q 0 0 0 rg BT 173.57 258.10 Td (summary ) Tj ET Q q 0 0 0 rg BT 213.29 258.10 Td (of ) Tj ET Q q 0 0 0 rg BT 224.12 258.10 Td (intangible ) Tj ET Q q 0 0 0 rg BT 266.61 258.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 292.44 258.10 Td (by ) Tj ET Q q 0 0 0 rg BT 304.94 258.10 Td (major ) Tj ET Q q 0 0 0 rg BT 330.77 258.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 352.71 258.10 Td (class ) Tj ET Q q 0 0 0 rg BT 374.64 258.10 Td (as ) Tj ET Q q 0 0 0 rg BT 385.47 258.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.30 258.10 Td 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326.50 173.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 173.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 173.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 173.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 143.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 143.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 143.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 143.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 143.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 143.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 104.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 104.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 104.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 104.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 104.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 104.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 74.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 74.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 74.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 74.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 74.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 74.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 228.60000000000002 m 326.5 228.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 228.60000000000002 m 330.5 228.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 228.60000000000002 m 407.5 228.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 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0 0 rg BT 542.65 64.27 Td (740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 49.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 49.27 Td (5,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 49.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 49.27 Td (1,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 49.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 49.27 Td (4,145) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (4. EARNINGS PER SHARE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 88.95 725.25 Td (per ) Tj ET Q q 0 0 0 rg BT 105.12 725.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 142.40 725.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 171.36 725.25 Td (common ) Tj ET Q q 0 0 0 rg BT 209.76 725.25 Td (share, ) Tj ET Q q 0 0 0 rg BT 236.76 725.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 277.36 725.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 306.32 725.25 Td (common ) Tj ET Q q 0 0 0 rg BT 344.72 725.25 Td (share, ) Tj ET Q q 0 0 0 rg BT 371.72 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 389.56 725.25 Td (participative ) Tj ET Q q 0 0 0 rg BT 442.94 725.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 483.54 725.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 508.05 725.25 Td (unit ) Tj ET Q q 0 0 0 rg BT 527.01 725.25 Td (\(RSU\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (\(collectively) Tj ET Q q 0 0 0 rg BT 99.33 713.25 Td (, ) Tj ET Q q 0 0 0 rg BT 104.33 713.25 Td (the ) Tj ET Q q 0 0 0 rg BT 119.04 713.25 Td (common ) Tj ET Q q 0 0 0 rg BT 160.98 713.25 Td (shares\) ) Tj ET Q q 0 0 0 rg BT 196.24 713.25 Td (for ) Tj ET Q q 0 0 0 rg BT 210.40 713.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.11 713.25 Td (three ) Tj ET Q q 0 0 0 rg BT 247.60 713.25 Td (month ) Tj ET Q q 0 0 0 rg BT 275.65 713.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 307.59 713.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 333.97 713.25 Td (March ) Tj ET Q q 0 0 0 rg BT 362.57 713.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 377.57 713.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 400.07 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 417.01 713.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.01 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 439.51 713.25 Td (are ) Tj ET Q q 0 0 0 rg BT 454.21 713.25 Td (as ) Tj ET Q q 0 0 0 rg BT 465.04 713.25 Td (follows: ) Tj ET Q q 0 0 0 rg BT 500.32 713.25 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 655.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 655.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 655.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 625.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 625.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 625.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 595.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 595.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 595.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 565.75 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 565.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 565.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 535.75 16.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 535.75 346.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 535.75 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461.15 645.42 Td (6,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 645.42 Td (7,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 630.42 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 630.42 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 630.42 Td (2,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 615.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 615.42 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 615.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 615.42 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 600.42 Td (Less: Preferred share dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 600.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 600.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 585.42 Td (Net income attributable to common shareholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 585.42 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 585.42 Td (4,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 570.42 Td (Basic weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 570.42 Td (12,140,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 570.42 Td (12,045,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 555.42 Td (Earnings per common share basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 555.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 555.42 Td (0.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 555.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 555.42 Td (0.40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 540.43 Td (Diluted:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 525.42 Td (Basic weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 525.42 Td (12,140,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 525.42 Td (12,045,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.42 Td (Add:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 495.42 Td (Dilutive stock options outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 495.42 Td (57,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 495.42 Td (155,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.42 Td (Diluted weighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 479.42 Td (12,198,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 479.42 Td (12,200,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.42 Td (Earnings per common share diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 464.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 464.42 Td (0.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 464.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 464.42 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 88.88 443.25 Td (per ) Tj ET Q q 0 0 0 rg BT 104.97 443.25 Td (common ) Tj ET Q q 0 0 0 rg BT 143.30 443.25 Td (share ) Tj ET Q q 0 0 0 rg BT 167.73 443.25 Td (diluted ) Tj ET Q q 0 0 0 rg BT 198.83 443.25 Td (is ) Tj ET Q q 0 0 0 rg BT 208.83 443.25 Td (computed ) Tj ET Q q 0 0 0 rg BT 251.59 443.25 Td (by ) Tj ET Q q 0 0 0 rg BT 264.92 443.25 Td (dividing ) Tj ET Q q 0 0 0 rg BT 301.58 443.25 Td (net ) Tj ET Q q 0 0 0 rg BT 317.13 443.25 Td (income ) Tj ET Q q 0 0 0 rg BT 349.89 443.25 Td (by ) Tj ET Q q 0 0 0 rg BT 363.22 443.25 Td (the ) Tj ET Q q 0 0 0 rg BT 378.77 443.25 Td (weighted ) Tj ET Q q 0 0 0 rg BT 418.75 443.25 Td (average ) Tj ET Q q 0 0 0 rg BT 453.16 443.25 Td (number ) Tj ET Q q 0 0 0 rg BT 487.04 443.25 Td (of ) Tj ET Q q 0 0 0 rg BT 498.70 443.25 Td (common ) Tj ET Q q 0 0 0 rg BT 537.02 443.25 Td (shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 98.50 431.25 Td (for ) Tj ET Q q 0 0 0 rg BT 112.00 431.25 Td (each ) Tj ET Q q 0 0 0 rg BT 132.16 431.25 Td (period ) Tj ET Q q 0 0 0 rg BT 159.54 431.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 178.05 431.25 Td (the ) Tj ET Q q 0 0 0 rg BT 192.10 431.25 Td (incremental ) Tj ET Q q 0 0 0 rg BT 241.14 431.25 Td (number ) Tj ET Q q 0 0 0 rg BT 273.53 431.25 Td (of ) Tj ET Q q 0 0 0 rg BT 283.69 431.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 310.52 431.25 Td (added ) Tj ET Q q 0 0 0 rg BT 336.24 431.25 Td (as ) Tj ET Q q 0 0 0 rg BT 346.41 431.25 Td (a ) Tj ET Q q 0 0 0 rg BT 352.68 431.25 Td (result ) Tj ET Q q 0 0 0 rg BT 376.74 431.25 Td (of ) Tj ET Q q 0 0 0 rg BT 386.91 431.25 Td (converting ) Tj ET Q q 0 0 0 rg BT 431.51 431.25 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 463.90 431.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 500.73 431.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 536.44 431.25 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (common ) Tj ET Q q 0 0 0 rg BT 87.50 419.25 Td (shares, ) Tj ET Q q 0 0 0 rg BT 117.49 419.25 Td (calculated ) Tj ET Q q 0 0 0 rg BT 160.51 419.25 Td (using ) Tj ET Q q 0 0 0 rg BT 184.68 419.25 Td (the ) Tj ET Q q 0 0 0 rg BT 199.40 419.25 Td (treasury ) Tj ET Q q 0 0 0 rg BT 234.11 419.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 257.71 419.25 Td (method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 402.25 Td ( ) Tj ET Q q 0 0 0 rg BT 75.71 402.25 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 108.28 402.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 145.29 402.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 181.18 402.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 208.75 402.25 Td (common ) Tj ET Q q 0 0 0 rg BT 245.77 402.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 272.77 402.25 Td (consist ) Tj ET Q q 0 0 0 rg BT 302.57 402.25 Td (of ) Tj ET Q q 0 0 0 rg BT 312.92 402.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 361.60 402.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 384.72 402.25 Td (options ) Tj ET Q q 0 0 0 rg BT 416.19 402.25 Td (to ) Tj ET Q q 0 0 0 rg BT 425.98 402.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 463.54 402.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 499.43 402.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 527.00 402.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (shares. ) Tj ET Q q 0 0 0 rg BT 79.84 390.25 Td (The ) Tj ET Q q 0 0 0 rg BT 97.92 390.25 Td (ef) Tj ET Q q 0 0 0 rg BT 105.51 390.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 126.92 390.25 Td (of ) Tj ET Q q 0 0 0 rg BT 137.78 390.25 Td (these ) Tj ET Q q 0 0 0 rg BT 160.86 390.25 Td (convertible ) Tj ET Q q 0 0 0 rg BT 208.38 390.25 Td (instruments ) Tj ET Q q 0 0 0 rg BT 257.57 390.25 Td (are ) Tj ET Q q 0 0 0 rg BT 272.31 390.25 Td (excluded ) Tj ET Q q 0 0 0 rg BT 310.94 390.25 Td (from ) Tj ET Q q 0 0 0 rg BT 332.91 390.25 Td (the ) Tj ET Q q 0 0 0 rg BT 347.66 390.25 Td (computation ) Tj ET Q q 0 0 0 rg BT 400.19 390.25 Td (of ) Tj ET Q q 0 0 0 rg BT 411.05 390.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 447.46 390.25 Td (per ) Tj ET Q q 0 0 0 rg BT 462.76 390.25 Td (common ) Tj ET Q q 0 0 0 rg BT 500.29 390.25 Td (share ) Tj ET Q q 0 0 0 rg BT 523.92 390.25 Td (diluted ) Tj ET Q q 0 0 0 rg BT 554.23 390.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 82.15 378.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.64 378.25 Td (which ) Tj ET Q q 0 0 0 rg BT 119.80 378.25 Td (the ) Tj ET Q q 0 0 0 rg BT 134.73 378.25 Td (ef) Tj ET Q q 0 0 0 rg BT 142.32 378.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 160.01 378.25 Td (would ) Tj ET Q q 0 0 0 rg BT 187.73 378.25 Td (be ) Tj ET Q q 0 0 0 rg BT 199.88 378.25 Td (anti-dilutive. ) Tj ET Q q 0 0 0 rg BT 253.97 378.25 Td (For ) Tj ET Q q 0 0 0 rg BT 270.58 378.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.51 378.25 Td (three ) Tj ET Q q 0 0 0 rg BT 308.21 378.25 Td (month ) Tj ET Q q 0 0 0 rg BT 336.48 378.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 368.63 378.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 395.22 378.25 Td (March ) Tj ET Q q 0 0 0 rg BT 424.03 378.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 439.25 378.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 461.96 378.25 Td (and ) Tj ET Q q 0 0 0 rg BT 479.11 378.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.11 378.25 Td (, ) Tj ET Q q 0 0 0 rg BT 504.33 378.25 Td (all ) Tj ET Q q 0 0 0 rg BT 517.04 378.25 Td (exercisable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 73.61 366.25 Td (options ) Tj ET Q q 0 0 0 rg BT 105.56 366.25 Td (were ) Tj ET Q q 0 0 0 rg BT 127.49 366.25 Td (deemed ) Tj ET Q q 0 0 0 rg BT 161.08 366.25 Td (to ) Tj ET Q q 0 0 0 rg BT 171.36 366.25 Td (be ) Tj ET Q q 0 0 0 rg BT 183.30 366.25 Td (dilutive. ) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (5. INVESTMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.07 725.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 106.26 725.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 128.22 725.25 Td (2016-01 ) Tj ET Q q 0 0 0 rg BT 163.52 725.25 Td (as ) Tj ET Q q 0 0 0 rg BT 173.81 725.25 Td (of ) Tj ET Q q 0 0 0 rg BT 184.10 725.25 Td (January ) Tj ET Q q 0 0 0 rg BT 217.16 725.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 226.63 725.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 251.09 725.25 Td (which ) Tj ET Q q 0 0 0 rg BT 277.49 725.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 311.66 725.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 338.62 725.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 390.86 725.25 Td (except ) Tj ET Q q 0 0 0 rg BT 418.91 725.25 Td (those ) Tj ET Q q 0 0 0 rg BT 441.98 725.25 Td (accounted ) Tj ET Q q 0 0 0 rg BT 484.48 725.25 Td (for ) Tj ET Q q 0 0 0 rg BT 498.10 725.25 Td (under ) Tj ET Q q 0 0 0 rg BT 522.83 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.01 725.25 Td (equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (method, ) Tj ET Q q 0 0 0 rg BT 84.55 713.25 Td (to ) Tj ET Q q 0 0 0 rg BT 94.38 713.25 Td (be ) Tj ET Q q 0 0 0 rg BT 105.87 713.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 146.24 713.25 Td (at ) Tj ET Q q 0 0 0 rg BT 155.51 713.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 171.43 713.25 Td (value ) Tj ET Q q 0 0 0 rg BT 195.14 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 211.63 713.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 245.89 713.25 Td (in ) Tj ET Q q 0 0 0 rg BT 255.72 713.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 271.65 713.25 Td (value ) Tj ET Q q 0 0 0 rg BT 295.36 713.25 Td (to ) Tj ET Q q 0 0 0 rg BT 305.19 713.25 Td (be ) Tj ET Q q 0 0 0 rg BT 316.68 713.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 362.60 713.25 Td (in ) Tj ET Q q 0 0 0 rg BT 372.43 713.25 Td (net ) Tj ET Q q 0 0 0 rg BT 386.69 713.25 Td (income. ) Tj ET Q q 0 0 0 rg BT 420.68 713.25 Td (Prior ) Tj ET Q q 0 0 0 rg BT 442.73 713.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 474.22 713.25 Td (have ) Tj ET Q q 0 0 0 rg BT 495.15 713.25 Td (not ) Tj ET Q q 0 0 0 rg BT 509.98 713.25 Td (been ) Tj ET Q q 0 0 0 rg BT 530.91 713.25 Td (restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (for ) Tj ET Q q 0 0 0 rg BT 64.31 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 79.17 701.25 Td (current ) Tj ET Q q 0 0 0 rg BT 110.13 701.25 Td (presentation, ) Tj ET Q q 0 0 0 rg BT 164.15 701.25 Td (per ) Tj ET Q q 0 0 0 rg BT 179.56 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 194.42 701.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 233.16 701.25 Td (in ) Tj ET Q q 0 0 0 rg BT 243.59 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 257.86 701.25 Td (ASU. ) Tj ET Q q 0 0 0 rg BT 283.01 701.25 Td (See ) Tj ET Q q 0 0 0 rg BT 300.10 701.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 322.18 701.25 Td (19, ) Tj ET Q q 0 0 0 rg BT 337.33 701.25 Td (Change ) Tj ET Q q 0 0 0 rg BT 373.85 701.25 Td (in ) Tj ET Q q 0 0 0 rg BT 383.69 701.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 432.99 701.25 Td (Principle, ) Tj ET Q q 0 0 0 rg BT 477.57 701.25 Td (for ) Tj ET Q q 0 0 0 rg BT 491.88 701.25 Td (a ) Tj ET Q q 0 0 0 rg BT 498.96 701.25 Td (summary ) Tj ET Q q 0 0 0 rg BT 538.82 701.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.80 701.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (changes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 672.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.39 672.25 Td (amortized ) Tj ET Q q 0 0 0 rg BT 109.22 672.25 Td (cost, ) Tj ET Q q 0 0 0 rg BT 129.67 672.25 Td (gross ) Tj ET Q q 0 0 0 rg BT 152.63 672.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 196.12 672.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 219.07 672.25 Td (and ) Tj ET Q q 0 0 0 rg BT 235.36 672.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 261.09 672.25 Td (and ) Tj ET Q q 0 0 0 rg BT 277.38 672.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 293.10 672.25 Td (value ) Tj ET Q q 0 0 0 rg BT 316.60 672.25 Td (for ) Tj ET Q q 0 0 0 rg BT 329.70 672.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 353.40 672.25 Td ( ) Tj ET Q q 0 0 0 rg BT 355.24 672.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 404.86 672.25 Td (in ) Tj ET Q q 0 0 0 rg BT 414.49 672.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 436.88 672.25 Td (income ) Tj ET Q q 0 0 0 rg BT 468.16 672.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 507.77 672.25 Td (are ) Tj ET Q q 0 0 0 rg BT 521.82 672.25 Td (as ) Tj ET Q q 0 0 0 rg BT 532.00 672.25 Td (follows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.25 Td (\($ ) Tj ET Q q 0 0 0 rg BT 60.83 660.25 Td (in ) Tj ET Q q 0 0 0 rg BT 71.11 660.25 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 610.75 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 610.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 610.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 610.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 610.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 580.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 580.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 580.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 580.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 580.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 580.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 550.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 550.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 550.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 550.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 550.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 550.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 520.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 520.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 520.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 520.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 520.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 520.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 490.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 490.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 490.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 490.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 490.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 490.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 460.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 460.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 460.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 460.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 460.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 460.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 430.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 430.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 430.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 430.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 430.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 430.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 400.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 400.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 400.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 400.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 400.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 400.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 370.75 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 370.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 370.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 370.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 370.75 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 644.75 m 394.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 610.75 m 394.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 644.75 m 450.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 610.75 m 450.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 644.75 m 506.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 610.75 m 506.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 644.75 m 562.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 610.75 m 562.5 610.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 460.75 m 394.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 445.75 m 394.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 460.75 m 450.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 445.75 m 450.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 460.75 m 506.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 445.75 m 506.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 460.75 m 562.5 460.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 445.75 m 562.5 445.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 400.75 m 394.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 385.75 m 394.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 400.75 m 450.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 385.75 m 450.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 400.75 m 506.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 385.75 m 506.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 400.75 m 562.5 400.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 385.75 m 562.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 370.75 m 394.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 356.75 m 394.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 354.75 m 394.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 370.75 m 450.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 356.75 m 450.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 354.75 m 450.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 370.75 m 506.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 356.75 m 506.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 354.75 m 506.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 370.75 m 562.5 370.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 356.75 m 562.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 354.75 m 562.5 354.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 615.43 Td (As of Mar) Tj ET Q q 0 0 0 rg BT 97.14 615.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.20 625.43 Td (Amortized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.25 615.43 Td (Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.55 635.43 Td (Gr) Tj ET Q q 0 0 0 rg BT 421.68 635.43 Td (oss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.75 625.43 Td (Unr) Tj ET Q q 0 0 0 rg BT 415.88 625.43 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.45 615.43 Td (Gains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.55 635.43 Td (Gr) Tj ET Q q 0 0 0 rg BT 477.68 635.43 Td (oss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.75 625.43 Td (Unr) Tj ET Q q 0 0 0 rg BT 471.88 625.43 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.10 615.43 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.70 615.43 Td (Fair) Tj ET Q q 0 0 0 rg BT 529.84 615.43 Td ( ) Tj ET Q q 0 0 0 rg BT 532.16 615.43 Td (V) Tj ET Q q 0 0 0 rg BT 538.47 615.43 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 600.42 Td (Fixed Income Securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 585.42 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 98.19 585.42 Td (T) Tj ET Q q 0 0 0 rg BT 104.04 585.42 Td (reasury and other U.S. government obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 585.42 Td (20,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 585.47 Td (\(483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 585.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 585.42 Td (20,469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 570.42 Td (States, municipalities and political subdivisions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 570.42 Td (12,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 570.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 570.47 Td (\(237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 570.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 570.42 Td (1,846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 555.42 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 540.42 Td (Banking/financial services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 540.42 Td (17,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 540.42 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 540.47 Td (\(324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 540.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 540.42 Td (17,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 525.42 Td (Consumer goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 525.42 Td (12,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 525.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 525.47 Td (\(206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 525.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 525.42 Td (12,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 510.42 Td (Capital goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 510.42 Td (6,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 510.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 510.47 Td (\(107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 510.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.42 Td (6,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 495.42 Td (Ener) Tj ET Q q 0 0 0 rg BT 102.79 495.42 Td (gy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 495.42 Td (8,565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 495.42 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 495.47 Td (\(214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 495.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 495.42 Td (8,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 480.42 Td (T) Tj ET Q q 0 0 0 rg BT 89.76 480.42 Td (elecommunications/utilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 480.42 Td (10,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 480.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 480.47 Td (\(262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 480.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 480.42 Td (10,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 465.42 Td (Health care) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 465.42 Td (832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 465.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 465.47 Td (\(78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 465.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 465.42 Td (754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 450.42 Td (T) Tj ET Q q 0 0 0 rg BT 83.76 450.42 Td (otal Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 450.42 Td (56,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 450.42 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 450.47 Td (\(1,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 450.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 450.42 Td (55,1) Tj ET Q q 0 0 0 rg BT 548.65 450.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 435.42 Td (Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 420.42 Td (Mortgage backed - agency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 420.42 Td (27,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 420.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 420.47 Td (\(761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 420.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 420.42 Td (26,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 405.42 Td (Mortgage backed - commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 405.42 Td (23,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 405.42 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 405.47 Td (\(564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 405.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 405.42 Td (22,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 390.42 Td (T) Tj ET Q q 0 0 0 rg BT 83.76 390.42 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 390.42 Td (50,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 390.42 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 390.47 Td (\(1,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 390.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 390.42 Td (49,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 375.42 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 375.42 Td (12,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 375.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 375.47 Td (\(78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 375.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 375.42 Td (12,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 360.42 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 360.42 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 360.42 Td (152,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 360.42 Td (277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 360.47 Td (\(3,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 360.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 360.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 360.42 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 306.75 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 306.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 306.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 306.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 306.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 276.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 276.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 276.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 276.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 276.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 276.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 246.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 246.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 246.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 246.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 246.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 246.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 216.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 216.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 216.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 216.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 216.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 216.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 186.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 186.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 186.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 186.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 186.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 186.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 156.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 156.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 156.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 156.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 156.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 156.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 126.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 126.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 126.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 126.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 126.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 126.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 96.75 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 96.75 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 96.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 96.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 96.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 96.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 66.75 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 66.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 66.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 66.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 66.75 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 340.75 m 394.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 306.75 m 394.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 340.75 m 450.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 306.75 m 450.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 340.75 m 506.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 306.75 m 506.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 340.75 m 562.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 306.75 m 562.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 156.75 m 394.5 156.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 141.75 m 394.5 141.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 156.75 m 450.5 156.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 141.75 m 450.5 141.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 156.75 m 506.5 156.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 141.75 m 506.5 141.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 156.75 m 562.5 156.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 141.75 m 562.5 141.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 96.75 m 394.5 96.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 96.75 m 450.5 96.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 96.75 m 506.5 96.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 96.75 m 562.5 96.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 81.75 m 394.5 81.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 81.75 m 450.5 81.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 81.75 m 506.5 81.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 81.75 m 562.5 81.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 66.75 m 394.5 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 52.75 m 394.5 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 50.75 m 394.5 50.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 66.75 m 450.5 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 52.75 m 450.5 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 50.75 m 450.5 50.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 66.75 m 506.5 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 52.75 m 506.5 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 50.75 m 506.5 50.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 66.75 m 562.5 66.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 52.75 m 562.5 52.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 50.75 m 562.5 50.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 311.43 Td (As of December) Tj ET Q q 0 0 0 rg BT 121.57 311.43 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.20 321.43 Td (Amortized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.25 311.43 Td (Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.55 331.43 Td (Gr) Tj ET Q q 0 0 0 rg BT 421.68 331.43 Td (oss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.75 321.43 Td (Unr) Tj ET Q q 0 0 0 rg BT 415.88 321.43 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.45 311.43 Td (Gains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.55 331.43 Td (Gr) Tj ET Q q 0 0 0 rg BT 477.68 331.43 Td (oss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.75 321.43 Td (Unr) Tj ET Q q 0 0 0 rg BT 471.88 321.43 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.10 311.43 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.70 311.43 Td (Fair) Tj ET Q q 0 0 0 rg BT 529.84 311.43 Td ( ) Tj ET Q q 0 0 0 rg BT 532.16 311.43 Td (V) Tj ET Q q 0 0 0 rg BT 538.47 311.43 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 296.42 Td (Fixed Income Securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 281.42 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 98.19 281.42 Td (T) Tj ET Q q 0 0 0 rg BT 104.04 281.42 Td (reasury and other U.S. government obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 281.42 Td (21,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 281.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 281.47 Td (\(302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 281.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 281.42 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 266.42 Td (States, municipalities and political subdivisions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 266.42 Td (13,265) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 266.42 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 266.47 Td (\(100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 266.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 266.42 Td (13,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 251.42 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 236.42 Td (Banking/financial services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 236.42 Td (21,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 236.42 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 236.47 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 236.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 236.42 Td (21,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 221.42 Td (Consumer goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 221.42 Td (9,674) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 221.42 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 221.47 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 221.42 Td (9,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 206.42 Td (Capital goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 206.42 Td (7,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 206.42 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 206.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 497.63 206.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 206.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 206.42 Td (7,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 191.42 Td (Ener) Tj ET Q q 0 0 0 rg BT 102.79 191.42 Td (gy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 191.42 Td (7,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 191.42 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 191.47 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 191.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 191.42 Td (7,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 176.42 Td (T) Tj ET Q q 0 0 0 rg BT 89.76 176.42 Td (elecommunications/utilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 176.42 Td (1) Tj ET Q q 0 0 0 rg BT 368.15 176.42 Td (1,179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 176.42 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 176.47 Td (\(73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 176.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 176.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 176.42 Td (1,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 161.42 Td (Health care) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 161.42 Td (1,1) Tj ET Q q 0 0 0 rg BT 380.65 161.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 161.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 161.47 Td (\(54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 161.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 161.42 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 146.42 Td (T) Tj ET Q q 0 0 0 rg BT 83.76 146.42 Td (otal Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 146.42 Td (58,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 146.42 Td (631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 146.47 Td (\(282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 146.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 146.42 Td (58,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 131.42 Td (Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 116.42 Td (Mortgage backed - agency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 116.42 Td (30,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 116.42 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 116.47 Td (\(364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 116.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 116.42 Td (30,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 101.42 Td (Mortgage backed - commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 101.42 Td (22,689) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 101.42 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 101.47 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 101.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 101.42 Td (22,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 86.42 Td (T) Tj ET Q q 0 0 0 rg BT 83.76 86.42 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 86.42 Td (53,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 86.42 Td (210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 86.47 Td (\(619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 86.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 86.42 Td (53,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 71.42 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 71.42 Td (1) Tj ET Q q 0 0 0 rg BT 368.15 71.42 Td (1,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 71.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.30 71.47 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 71.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 71.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 71.42 Td (1,513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 56.42 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 56.42 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 56.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 56.42 Td (158,41) Tj ET Q q 0 0 0 rg BT 385.65 56.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 56.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 56.42 Td (927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.00 56.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 56.47 Td (\(1,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 56.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 56.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 56.42 Td (157,984) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.84 742.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.02 742.10 Td (table ) Tj ET Q q 0 0 0 rg BT 130.74 742.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 180.80 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.31 742.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 237.58 742.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 255.98 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 272.71 742.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 288.88 742.10 Td (value ) Tj ET Q q 0 0 0 rg BT 312.83 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 323.45 742.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 346.29 742.10 Td (income ) Tj ET Q q 0 0 0 rg BT 378.02 742.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 418.08 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 430.37 742.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 477.08 742.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 513.25 742.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 523.88 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 533.95 742.10 Td (000s\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.64 730.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 95.38 730.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 136.67 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 154.64 730.10 Td (debentures ) Tj ET Q q 0 0 0 rg BT 201.48 730.10 Td (have ) Tj ET Q q 0 0 0 rg BT 223.89 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.64 730.10 Td (right ) Tj ET Q q 0 0 0 rg BT 262.06 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 273.36 730.10 Td (call ) Tj ET Q q 0 0 0 rg BT 291.33 730.10 Td (or ) Tj ET Q q 0 0 0 rg BT 303.19 730.10 Td (prepay ) Tj ET Q q 0 0 0 rg BT 333.93 730.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 384.40 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 400.15 730.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 427.55 730.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 472.18 730.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 496.25 730.10 Td (may ) Tj ET Q q 0 0 0 rg BT 517.00 730.10 Td (dif) Tj ET Q q 0 0 0 rg BT 527.93 730.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 542.56 730.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 96.92 718.10 Td (maturity) Tj ET Q q 0 0 0 rg BT 130.15 718.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 687.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 687.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 687.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 657.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 657.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 657.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 627.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 627.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 627.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 597.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 597.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 597.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 702.6 m 461.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 687.6 m 461.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 702.6 m 561.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 687.6 m 561.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 627.6 m 461.5 627.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 627.6 m 561.5 627.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 597.6 m 461.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 583.6 m 461.5 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 581.6 m 461.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 597.6 m 561.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 583.6 m 561.5 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 581.6 m 561.5 581.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 692.28 Td (As of Mar) Tj ET Q q 0 0 0 rg BT 95.14 692.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.25 692.28 Td (Amortized Cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.70 692.28 Td (Fair) Tj ET Q q 0 0 0 rg BT 506.84 692.28 Td ( ) Tj ET Q q 0 0 0 rg BT 509.16 692.28 Td (V) Tj ET Q q 0 0 0 rg BT 515.47 692.28 Td (alue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 677.27 Td (One year or less) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 677.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 677.27 Td (9,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 677.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 677.27 Td (9,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 662.27 Td (One to five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 662.27 Td (30,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 662.27 Td (29,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 647.27 Td (Five to ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 647.27 Td (42,21) Tj ET Q q 0 0 0 rg BT 452.65 647.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 647.27 Td (41,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 632.27 Td (More than ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 632.27 Td (7,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 632.27 Td (7,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 617.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 617.27 Td (otal contractual maturity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 617.27 Td (89,159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 617.27 Td (87,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 602.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 602.27 Td (otal mortgage and asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 602.27 Td (63,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 602.27 Td (61,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 587.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 587.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 587.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 587.27 Td (152,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 587.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 587.27 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 105.62 566.10 Td (performs ) Tj ET Q q 0 0 0 rg BT 145.13 566.10 Td (a ) Tj ET Q q 0 0 0 rg BT 152.98 566.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 192.49 566.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 228.12 566.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.10 566.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 262.80 566.10 Td ( ) Tj ET Q q 0 0 0 rg BT 266.21 566.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 313.51 566.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 351.37 566.10 Td (to ) Tj ET Q q 0 0 0 rg BT 362.56 566.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 405.96 566.10 Td (if ) Tj ET Q q 0 0 0 rg BT 415.48 566.10 Td (declines ) Tj ET Q q 0 0 0 rg BT 451.65 566.10 Td (in ) Tj ET Q q 0 0 0 rg BT 462.85 566.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 480.14 566.10 Td (value ) Tj ET Q q 0 0 0 rg BT 505.20 566.10 Td (are ) Tj ET Q q 0 0 0 rg BT 520.82 566.10 Td (other ) Tj ET Q q 0 0 0 rg BT 544.78 566.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (temporary) Tj ET Q q 0 0 0 rg BT 90.44 554.10 Td (. ) Tj ET Q q 0 0 0 rg BT 95.26 554.10 Td (The ) Tj ET Q q 0 0 0 rg BT 113.31 554.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 148.03 554.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 183.85 554.10 Td (some ) Tj ET Q q 0 0 0 rg BT 207.46 554.10 Td (or ) Tj ET Q q 0 0 0 rg BT 218.29 554.10 Td (all ) Tj ET Q q 0 0 0 rg BT 230.79 554.10 Td (of ) Tj ET Q q 0 0 0 rg BT 241.62 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.33 554.10 Td (following ) Tj ET Q q 0 0 0 rg BT 297.72 554.10 Td (procedures ) Tj ET Q q 0 0 0 rg BT 344.09 554.10 Td (as ) Tj ET Q q 0 0 0 rg BT 354.92 554.10 Td (deemed ) Tj ET Q q 0 0 0 rg BT 388.51 554.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 436.54 554.10 Td (by ) Tj ET Q q 0 0 0 rg BT 449.04 554.10 Td (management:) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 534.94 cm /I34 Do Q q 0 0 0 rg BT 72.00 537.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 537.10 Td (identifying ) Tj ET Q q 0 0 0 rg BT 131.49 537.10 Td (all ) Tj ET Q q 0 0 0 rg BT 143.09 537.10 Td (security ) Tj ET Q q 0 0 0 rg BT 176.35 537.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 212.40 537.10 Td (in ) Tj ET Q q 0 0 0 rg BT 221.79 537.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 265.03 537.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 282.20 537.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 319.92 537.10 Td (that ) Tj ET Q q 0 0 0 rg BT 336.52 537.10 Td (have ) Tj ET Q q 0 0 0 rg BT 357.01 537.10 Td (existed ) Tj ET Q q 0 0 0 rg BT 386.94 537.10 Td (for ) Tj ET Q q 0 0 0 rg BT 400.20 537.10 Td (at ) Tj ET Q q 0 0 0 rg BT 409.02 537.10 Td (least ) Tj ET Q q 0 0 0 rg BT 428.96 537.10 Td (six ) Tj ET Q q 0 0 0 rg BT 442.23 537.10 Td (months ) Tj ET Q q 0 0 0 rg BT 473.28 537.10 Td (or ) Tj ET Q q 0 0 0 rg BT 483.22 537.10 Td (other ) Tj ET Q q 0 0 0 rg BT 505.37 537.10 Td (circumstances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 525.10 Td (that ) Tj ET Q q 0 0 0 rg BT 103.50 525.10 Td (management ) Tj ET Q q 0 0 0 rg BT 157.08 525.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 192.35 525.10 Td (may ) Tj ET Q q 0 0 0 rg BT 212.06 525.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 241.78 525.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.49 525.10 Td (recoverability ) Tj ET Q q 0 0 0 rg BT 314.52 525.10 Td (of ) Tj ET Q q 0 0 0 rg BT 325.35 525.10 Td (the ) Tj ET Q q 0 0 0 rg BT 340.07 525.10 Td (security;) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 505.94 cm /I35 Do Q q 0 0 0 rg BT 72.00 508.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 508.10 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 125.94 508.10 Td (a ) Tj ET Q q 0 0 0 rg BT 132.55 508.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 171.93 508.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 206.31 508.10 Td (from ) Tj ET Q q 0 0 0 rg BT 227.92 508.10 Td (third ) Tj ET Q q 0 0 0 rg BT 248.97 508.10 Td (party ) Tj ET Q q 0 0 0 rg BT 271.69 508.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 317.74 508.10 Td (managers ) Tj ET Q q 0 0 0 rg BT 358.22 508.10 Td (regarding ) Tj ET Q q 0 0 0 rg BT 398.71 508.10 Td (these ) Tj ET Q q 0 0 0 rg BT 421.42 508.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 458.04 508.10 Td (based ) Tj ET Q q 0 0 0 rg BT 482.97 508.10 Td (on ) Tj ET Q q 0 0 0 rg BT 495.14 508.10 Td (their ) Tj ET Q q 0 0 0 rg BT 515.63 508.10 Td (knowledge, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 496.10 Td (experience ) Tj ET Q q 0 0 0 rg BT 131.80 496.10 Td (and ) Tj ET Q q 0 0 0 rg BT 148.74 496.10 Td (other ) Tj ET Q q 0 0 0 rg BT 171.79 496.10 Td (market-based ) Tj ET Q q 0 0 0 rg BT 228.15 496.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 267.86 496.10 Td (techniques;) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 476.94 cm /I36 Do Q q 0 0 0 rg BT 72.00 479.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 479.10 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 128.49 479.10 Td (the ) Tj ET Q q 0 0 0 rg BT 143.20 479.10 Td (trading ) Tj ET Q q 0 0 0 rg BT 174.03 479.10 Td (range ) Tj ET Q q 0 0 0 rg BT 198.73 479.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.56 479.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 239.27 479.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 279.53 479.10 Td (over ) Tj ET Q q 0 0 0 rg BT 299.80 479.10 Td (the ) Tj ET Q q 0 0 0 rg BT 314.52 479.10 Td (preceding ) Tj ET Q q 0 0 0 rg BT 356.44 479.10 Td (calendar ) Tj ET Q q 0 0 0 rg BT 392.80 479.10 Td (period;) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 459.94 cm /I37 Do Q q 0 0 0 rg BT 72.00 462.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 462.10 Td (assessing ) Tj ET Q q 0 0 0 rg BT 126.03 462.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 161.05 462.10 Td (declines ) Tj ET Q q 0 0 0 rg BT 196.63 462.10 Td (in ) Tj ET Q q 0 0 0 rg BT 207.22 462.10 Td (market ) Tj ET Q q 0 0 0 rg BT 237.80 462.10 Td (value ) Tj ET Q q 0 0 0 rg BT 262.26 462.10 Td (are ) Tj ET Q q 0 0 0 rg BT 277.28 462.10 Td (other ) Tj ET Q q 0 0 0 rg BT 300.64 462.10 Td (than ) Tj ET Q q 0 0 0 rg BT 320.67 462.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 364.58 462.10 Td (for ) Tj ET Q q 0 0 0 rg BT 379.05 462.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 399.08 462.10 Td (security ) Tj ET Q q 0 0 0 rg BT 433.55 462.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 470.81 462.10 Td (based ) Tj ET Q q 0 0 0 rg BT 496.39 462.10 Td (on ) Tj ET Q q 0 0 0 rg BT 509.20 462.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 534.78 462.10 Td (ratings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 450.10 Td (from ) Tj ET Q q 0 0 0 rg BT 107.94 450.10 Td (third ) Tj ET Q q 0 0 0 rg BT 129.33 450.10 Td (party ) Tj ET Q q 0 0 0 rg BT 152.37 450.10 Td (security ) Tj ET Q q 0 0 0 rg BT 186.53 450.10 Td (rating ) Tj ET Q q 0 0 0 rg BT 212.35 450.10 Td (agencies; ) Tj ET Q q 0 0 0 rg BT 252.05 450.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 430.94 cm /I38 Do Q q 0 0 0 rg BT 72.00 433.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 433.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 136.84 433.10 Td (the ) Tj ET Q q 0 0 0 rg BT 151.58 433.10 Td (necessary ) Tj ET Q q 0 0 0 rg BT 192.96 433.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 233.26 433.10 Td (for ) Tj ET Q q 0 0 0 rg BT 247.44 433.10 Td (declines ) Tj ET Q q 0 0 0 rg BT 282.72 433.10 Td (in ) Tj ET Q q 0 0 0 rg BT 293.02 433.10 Td (market ) Tj ET Q q 0 0 0 rg BT 323.30 433.10 Td (value ) Tj ET Q q 0 0 0 rg BT 347.48 433.10 Td (that ) Tj ET Q q 0 0 0 rg BT 364.99 433.10 Td (are ) Tj ET Q q 0 0 0 rg BT 379.72 433.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 425.56 433.10 Td (other ) Tj ET Q q 0 0 0 rg BT 448.62 433.10 Td (than ) Tj ET Q q 0 0 0 rg BT 468.36 433.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 511.97 433.10 Td (based ) Tj ET Q q 0 0 0 rg BT 537.26 433.10 Td (on ) Tj ET Q q 0 0 0 rg BT 549.78 433.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 421.10 Td (analyses ) Tj ET Q q 0 0 0 rg BT 122.38 421.10 Td (performed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.14 404.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 89.62 404.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.65 404.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 160.32 404.10 Td (inherent ) Tj ET Q q 0 0 0 rg BT 195.68 404.10 Td (in ) Tj ET Q q 0 0 0 rg BT 206.04 404.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.85 404.10 Td (assessment ) Tj ET Q q 0 0 0 rg BT 267.88 404.10 Td (methodology ) Tj ET Q q 0 0 0 rg BT 323.24 404.10 Td (utilized ) Tj ET Q q 0 0 0 rg BT 355.82 404.10 Td (to ) Tj ET Q q 0 0 0 rg BT 366.19 404.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 408.76 404.10 Td (declines ) Tj ET Q q 0 0 0 rg BT 444.11 404.10 Td (in ) Tj ET Q q 0 0 0 rg BT 454.48 404.10 Td (market ) Tj ET Q q 0 0 0 rg BT 484.83 404.10 Td (value ) Tj ET Q q 0 0 0 rg BT 509.08 404.10 Td (that ) Tj ET Q q 0 0 0 rg BT 526.66 404.10 Td (are ) Tj ET Q q 0 0 0 rg BT 541.46 404.10 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.10 Td (than ) Tj ET Q q 0 0 0 rg BT 69.72 392.10 Td (temporary ) Tj ET Q q 0 0 0 rg BT 113.31 392.10 Td (include, ) Tj ET Q q 0 0 0 rg BT 147.74 392.10 Td (but ) Tj ET Q q 0 0 0 rg BT 163.02 392.10 Td (may ) Tj ET Q q 0 0 0 rg BT 182.74 392.10 Td (not ) Tj ET Q q 0 0 0 rg BT 198.02 392.10 Td (be ) Tj ET Q q 0 0 0 rg BT 209.96 392.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 240.79 392.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 253.56 392.10 Td (the ) Tj ET Q q 0 0 0 rg BT 268.28 392.10 Td (following:) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 372.94 cm /I39 Do Q q 0 0 0 rg BT 72.00 375.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.72 375.10 Td (opinion ) Tj ET Q q 0 0 0 rg BT 133.77 375.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.60 375.10 Td (professional ) Tj ET Q q 0 0 0 rg BT 195.98 375.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 242.36 375.10 Td (managers ) Tj ET Q q 0 0 0 rg BT 283.18 375.10 Td (could ) Tj ET Q q 0 0 0 rg BT 307.89 375.10 Td (prove ) Tj ET Q q 0 0 0 rg BT 333.16 375.10 Td (to ) Tj ET Q q 0 0 0 rg BT 343.44 375.10 Td (be ) Tj ET Q q 0 0 0 rg BT 355.38 375.10 Td (incorrect;) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 355.94 cm /I40 Do Q q 0 0 0 rg BT 72.00 358.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.72 358.10 Td (past ) Tj ET Q q 0 0 0 rg BT 119.33 358.10 Td (trading ) Tj ET Q q 0 0 0 rg BT 150.15 358.10 Td (patterns ) Tj ET Q q 0 0 0 rg BT 184.31 358.10 Td (of ) Tj ET Q q 0 0 0 rg BT 195.14 358.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 238.19 358.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 278.45 358.10 Td (may ) Tj ET Q q 0 0 0 rg BT 298.17 358.10 Td (not ) Tj ET Q q 0 0 0 rg BT 313.45 358.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 341.48 358.10 Td (future ) Tj ET Q q 0 0 0 rg BT 367.86 358.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 407.57 358.10 Td (trends;) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 338.94 cm /I41 Do Q q 0 0 0 rg BT 72.00 341.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 341.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.20 341.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 124.94 341.10 Td (ratings ) Tj ET Q q 0 0 0 rg BT 154.13 341.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 190.55 341.10 Td (by ) Tj ET Q q 0 0 0 rg BT 202.53 341.10 Td (independent ) Tj ET Q q 0 0 0 rg BT 253.38 341.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 278.12 341.10 Td (rating ) Tj ET Q q 0 0 0 rg BT 303.43 341.10 Td (agencies ) Tj ET Q q 0 0 0 rg BT 339.83 341.10 Td (may ) Tj ET Q q 0 0 0 rg BT 359.03 341.10 Td (prove ) Tj ET Q q 0 0 0 rg BT 383.77 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.53 341.10 Td (be ) Tj ET Q q 0 0 0 rg BT 404.95 341.10 Td (incorrect ) Tj ET Q q 0 0 0 rg BT 442.46 341.10 Td (due ) Tj ET Q q 0 0 0 rg BT 458.88 341.10 Td (to ) Tj ET Q q 0 0 0 rg BT 468.64 341.10 Td (unforeseen ) Tj ET Q q 0 0 0 rg BT 514.48 341.10 Td (or ) Tj ET Q q 0 0 0 rg BT 524.79 341.10 Td (unknown ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 329.10 Td (facts ) Tj ET Q q 0 0 0 rg BT 107.38 329.10 Td (related ) Tj ET Q q 0 0 0 rg BT 137.08 329.10 Td (to ) Tj ET Q q 0 0 0 rg BT 147.36 329.10 Td (a ) Tj ET Q q 0 0 0 rg BT 154.30 329.10 Td (company) Tj ET Q q 0 0 0 rg BT 193.73 329.10 Td (s ) Tj ET Q q 0 0 0 rg BT 200.12 329.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 237.60 329.10 Td (situation; ) Tj ET Q q 0 0 0 rg BT 277.32 329.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 4.00 0 0 10.09 68.00 309.94 cm /I42 Do Q q 0 0 0 rg BT 72.00 312.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 312.10 Td (the ) Tj ET Q q 0 0 0 rg BT 100.87 312.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 120.74 312.10 Td (service ) Tj ET Q q 0 0 0 rg BT 151.70 312.10 Td (pattern ) Tj ET Q q 0 0 0 rg BT 182.12 312.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.10 312.10 Td (non-investment ) Tj ET Q q 0 0 0 rg BT 257.96 312.10 Td (grade ) Tj ET Q q 0 0 0 rg BT 282.82 312.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 323.24 312.10 Td (may ) Tj ET Q q 0 0 0 rg BT 343.10 312.10 Td (not ) Tj ET Q q 0 0 0 rg BT 358.53 312.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 386.72 312.10 Td (future ) Tj ET Q q 0 0 0 rg BT 413.25 312.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 433.11 312.10 Td (service ) Tj ET Q q 0 0 0 rg BT 464.08 312.10 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 512.27 312.10 Td (and ) Tj ET Q q 0 0 0 rg BT 529.36 312.10 Td (may ) Tj ET Q q 0 0 0 rg BT 549.23 312.10 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 300.10 Td (reflect ) Tj ET Q q 0 0 0 rg BT 114.03 300.10 Td (a ) Tj ET Q q 0 0 0 rg BT 120.97 300.10 Td (company) Tj ET Q q 0 0 0 rg BT 160.40 300.10 Td (s ) Tj ET Q q 0 0 0 rg BT 166.80 300.10 Td (unknown ) Tj ET Q q 0 0 0 rg BT 206.52 300.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 252.34 300.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 289.82 300.10 Td (problems.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.33 283.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.77 283.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.77 283.10 Td ( ) Tj ET Q q 0 0 0 rg BT 108.78 283.10 Td (other) Tj ET Q q 0 0 0 rg BT 129.13 283.10 Td (-than-temporary ) Tj ET Q q 0 0 0 rg BT 196.11 283.10 Td (impairments ) Tj ET Q q 0 0 0 rg BT 248.11 283.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 285.10 283.10 Td (for ) Tj ET Q q 0 0 0 rg BT 298.77 283.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 283.10 Td (three ) Tj ET Q q 0 0 0 rg BT 335.00 283.10 Td (month ) Tj ET Q q 0 0 0 rg BT 362.56 283.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 394.01 283.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 419.90 283.10 Td (March ) Tj ET Q q 0 0 0 rg BT 448.01 283.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 462.52 283.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 484.54 283.10 Td (and ) Tj ET Q q 0 0 0 rg BT 500.99 283.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.99 283.10 Td ( ) Tj ET Q q 0 0 0 rg BT 523.00 283.10 Td (as ) Tj ET Q q 0 0 0 rg BT 533.34 283.10 Td (a ) Tj ET Q q 0 0 0 rg BT 539.79 283.10 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 271.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.55 271.10 Td (above ) Tj ET Q q 0 0 0 rg BT 101.92 271.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 136.64 271.10 Td (performed ) Tj ET Q q 0 0 0 rg BT 180.79 271.10 Td (by ) Tj ET Q q 0 0 0 rg BT 193.29 271.10 Td (management. ) Tj ET Q q 0 0 0 rg BT 249.38 271.10 Td ( ) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.03 742.10 Td (aging ) Tj ET Q q 0 0 0 rg BT 92.72 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 103.54 742.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 147.66 742.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 174.03 742.10 Td (on ) Tj ET Q q 0 0 0 rg BT 186.51 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 201.21 742.10 Td (Company) Tj ET Q q 0 0 0 rg BT 242.87 742.10 Td (s ) Tj ET Q q 0 0 0 rg BT 249.24 742.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 299.50 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 309.76 742.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 332.78 742.10 Td (income ) Tj ET Q q 0 0 0 rg BT 364.70 742.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 404.94 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 415.75 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.56 742.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 470.14 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.14 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 492.62 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 509.54 742.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 532.57 742.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 90.26 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 107.20 730.10 Td (equities ) Tj ET Q q 0 0 0 rg BT 140.81 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 151.64 730.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.47 730.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 221.05 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.05 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 243.55 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 252.72 730.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 293.54 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 304.37 730.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 336.87 730.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 347.70 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 357.97 730.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 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gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 443.6 m 443.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 428.6 m 443.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 443.6 m 504.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 428.6 m 504.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 443.6 m 561.5 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 428.6 m 561.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 413.6 m 268.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 399.6 m 268.5 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 397.6 m 268.5 397.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 413.6 m 325.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 399.6 m 325.5 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 397.6 m 325.5 397.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 413.6 m 386.5 413.6 l s 0 0 0 RG /GS0 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433.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 433.27 Td (15,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 433.32 Td (\(654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 433.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 433.27 Td (45,239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 433.32 Td (\(1,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 433.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 418.27 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 418.27 Td (9,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 418.32 Td (\(67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 418.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 418.27 Td (1,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 418.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 434.63 418.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 418.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 418.27 Td (10,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 418.32 Td (\(78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 418.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 403.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 403.27 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 403.27 Td (97,555) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.80 403.32 Td (\(2,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 403.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 403.27 Td (32,995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 403.32 Td (\(1,239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 403.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 403.27 Td (130,550) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 403.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 403.32 Td (\(3,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 403.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 712.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 712.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 712.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 712.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 672.50 24.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 672.50 138.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 672.50 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 672.50 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 672.50 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 672.50 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 672.50 57.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 672.50 4.00 -25.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 73.50 602.50 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 602.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 572.50 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 572.50 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 572.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 542.50 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 542.50 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 542.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 512.50 24.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 512.50 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 512.50 57.00 -15.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 325.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 452.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 452.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 452.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 452.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 422.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 422.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.50 422.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 422.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 422.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 422.50 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.50 422.50 57.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 733.5 m 268.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 733.5 m 325.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 733.5 m 386.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 733.5 m 443.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 733.5 m 504.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 733.5 m 561.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 712.5 m 268.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 712.5 m 325.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 712.5 m 386.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 712.5 m 443.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 712.5 m 504.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 712.5 m 561.5 712.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 542.5 m 268.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 527.5 m 268.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 542.5 m 325.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 527.5 m 325.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 542.5 m 386.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 527.5 m 386.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 542.5 m 443.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 527.5 m 443.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 542.5 m 504.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 527.5 m 504.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 542.5 m 561.5 542.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 527.5 m 561.5 527.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 482.5 m 268.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 467.5 m 268.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 482.5 m 325.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 467.5 m 325.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 482.5 m 386.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 467.5 m 386.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 482.5 m 443.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 467.5 m 443.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 482.5 m 504.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 467.5 m 504.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 482.5 m 561.5 482.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 467.5 m 561.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 452.5 m 268.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 452.5 m 325.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 452.5 m 386.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 452.5 m 443.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 452.5 m 504.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 452.5 m 561.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 422.5 m 268.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 408.5 m 268.5 408.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 406.5 m 268.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 422.5 m 325.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 408.5 m 325.5 408.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.5 406.5 m 325.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 422.5 m 386.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 408.5 m 386.5 408.5 l s 0 0 0 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0 rg BT 363.49 738.18 Td (Than 12 Months) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.05 738.18 Td (T) Tj ET Q q 0 0 0 rg BT 499.26 738.18 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 717.18 Td (As of December) Tj ET Q q 0 0 0 rg BT 119.57 717.18 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.20 717.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 235.43 717.18 Td ( ) Tj ET Q q 0 0 0 rg BT 237.75 717.18 Td (V) Tj ET Q q 0 0 0 rg BT 244.43 717.18 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.25 724.23 Td (Unr) Tj ET Q q 0 0 0 rg BT 290.38 724.23 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.60 714.28 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.20 717.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 353.43 717.18 Td ( ) Tj ET Q q 0 0 0 rg BT 355.75 717.18 Td (V) Tj ET Q q 0 0 0 rg BT 362.43 717.18 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.25 724.23 Td (Unr) Tj ET Q q 0 0 0 rg BT 408.38 724.23 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.60 714.28 Td (Losses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.20 717.18 Td (Fair) Tj ET Q q 0 0 0 rg BT 471.43 717.18 Td ( ) Tj ET Q q 0 0 0 rg BT 473.75 717.18 Td (V) Tj ET Q q 0 0 0 rg BT 480.43 717.18 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.25 724.23 Td (Unr) Tj ET Q q 0 0 0 rg BT 526.29 724.23 Td (ealized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.60 714.28 Td (Losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 702.17 Td (Fixed Income Securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 687.17 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 96.19 687.17 Td (T) Tj ET Q q 0 0 0 rg BT 102.04 687.17 Td (reasury and other U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 677.17 Td (government obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 677.17 Td (1) Tj ET Q q 0 0 0 rg BT 242.15 677.17 Td (1,179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 677.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 311.63 677.22 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 677.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 677.17 Td (10,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 677.22 Td (\(192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 677.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 677.17 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 677.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 677.22 Td (\(302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 677.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 662.17 Td (States, municipalities and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 652.17 Td (political subdivisions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 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426.30 622.22 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 622.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 622.17 Td (7,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 622.22 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 622.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 607.17 Td (Consumer goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 607.17 Td (5,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 607.22 Td (\(47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 607.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 607.17 Td (710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 607.22 Td (\(18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 607.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 607.17 Td (6,545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 607.22 Td (\(65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 607.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 592.17 Td (Capital 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0 0 0 rg BT 372.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 577.17 Td (3,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 577.22 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 577.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 562.17 Td (T) Tj ET Q q 0 0 0 rg BT 87.76 562.17 Td (elecommunications/utilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 562.17 Td (4,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 562.22 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 562.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 562.17 Td (938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 562.22 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 562.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 562.17 Td (5,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 562.22 Td (\(73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 562.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 547.17 Td (Health care) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 547.17 Td (607) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.30 547.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 547.17 Td (322) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 547.22 Td (\(47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 547.17 Td (929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 547.22 Td (\(54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 532.17 Td (T) Tj ET Q q 0 0 0 rg BT 81.76 532.17 Td (otal Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 532.17 Td (22,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 532.22 Td (\(139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 532.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 532.17 Td (4,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 532.22 Td (\(143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 532.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 532.17 Td (26,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 532.22 Td (\(282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 532.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 517.17 Td (Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 502.17 Td (Mortgage backed - agency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 502.17 Td (13,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 502.22 Td (\(136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 502.17 Td (9,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 502.22 Td (\(228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 502.17 Td (22,989) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 502.22 Td (\(364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 487.17 Td (Mortgage backed - commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 487.17 Td (10,360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 487.22 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 487.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 487.17 Td (6,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 487.22 Td (\(202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 487.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 487.17 Td (16,913) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 487.22 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 487.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 472.17 Td (T) Tj ET Q q 0 0 0 rg BT 81.76 472.17 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 472.17 Td (23,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 472.22 Td (\(189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 472.17 Td (16,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 472.22 Td (\(430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 472.17 Td (39,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 472.22 Td (\(619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 457.17 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 457.17 Td (9,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 457.22 Td (\(44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 457.17 Td (1,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.30 457.22 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 457.17 Td (10,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 457.22 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 442.17 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 442.17 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 442.17 Td (72,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 442.22 Td (\(518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 442.17 Td (34,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 442.22 Td (\(836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 442.17 Td (107,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 442.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 442.22 Td (\(1,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 427.17 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 427.17 Td (1,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.30 427.22 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 427.17 Td (1,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 427.22 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 412.17 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 412.17 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 412.17 Td (73,851) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 412.22 Td (\(544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 412.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 412.17 Td (34,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 412.22 Td (\(836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 412.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 412.17 Td (108,104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 412.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 412.22 Td (\(1,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 412.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.00 Td (As ) Tj ET Q q 0 0 0 rg BT 64.39 391.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.99 391.00 Td (March31, ) Tj ET Q q 0 0 0 rg BT 120.36 391.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.36 391.00 Td (, ) Tj ET Q q 0 0 0 rg BT 146.13 391.00 Td (we ) Tj ET Q q 0 0 0 rg BT 161.07 391.00 Td (held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.56 391.00 Td (449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.56 391.00 Td ( ) Tj ET Q q 0 0 0 rg BT 199.83 391.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 243.65 391.00 Td (fixed ) Tj ET Q q 0 0 0 rg BT 267.47 391.00 Td (income ) Tj ET Q q 0 0 0 rg BT 300.18 391.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 341.22 391.00 Td (that ) Tj ET Q q 0 0 0 rg BT 359.49 391.00 Td (were ) Tj ET Q q 0 0 0 rg BT 382.19 391.00 Td (in ) Tj ET Q q 0 0 0 rg BT 393.24 391.00 Td (an ) Tj ET Q q 0 0 0 rg BT 405.95 391.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 450.86 391.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 469.70 391.00 Td (position, ) Tj ET Q q 0 0 0 rg BT 507.70 391.00 Td (of ) Tj ET Q q 0 0 0 rg BT 519.30 391.00 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.01 391.00 Td (105) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 93.30 379.00 Td (fixed ) Tj ET Q q 0 0 0 rg BT 116.59 379.00 Td (income ) Tj ET Q q 0 0 0 rg BT 148.77 379.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 189.28 379.00 Td (were ) Tj ET Q q 0 0 0 rg BT 211.46 379.00 Td (in ) Tj ET Q q 0 0 0 rg BT 221.98 379.00 Td (a ) Tj ET Q q 0 0 0 rg BT 229.17 379.00 Td (continuous ) Tj ET Q q 0 0 0 rg BT 275.80 379.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 294.11 379.00 Td (position ) Tj ET Q q 0 0 0 rg BT 329.08 379.00 Td (for ) Tj ET Q q 0 0 0 rg BT 343.49 379.00 Td (longer ) Tj ET Q q 0 0 0 rg BT 371.78 379.00 Td (than ) Tj ET Q q 0 0 0 rg BT 391.75 379.00 Td (12 ) Tj ET Q q 0 0 0 rg BT 404.49 379.00 Td (months. ) Tj ET Q q 0 0 0 rg BT 439.19 379.00 Td ( ) Tj ET Q q 0 0 0 rg BT 441.33 379.00 Td (As ) Tj ET Q q 0 0 0 rg BT 455.19 379.00 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.26 379.00 Td (December31, ) Tj ET Q q 0 0 0 rg BT 525.09 379.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.09 379.00 Td (, ) Tj ET Q q 0 0 0 rg BT 550.34 379.00 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.00 Td (held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.65 367.00 Td (346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.65 367.00 Td ( ) Tj ET Q q 0 0 0 rg BT 87.08 367.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.95 367.00 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.95 367.00 Td ( ) Tj ET Q q 0 0 0 rg BT 111.38 367.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 154.37 367.00 Td (fixed ) Tj ET Q q 0 0 0 rg BT 177.34 367.00 Td (income ) Tj ET Q q 0 0 0 rg BT 209.21 367.00 Td (and ) Tj ET Q q 0 0 0 rg BT 226.08 367.00 Td (equity ) Tj ET Q q 0 0 0 rg BT 253.51 367.00 Td (securities, ) Tj ET Q q 0 0 0 rg BT 296.20 367.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 343.86 367.00 Td (, ) Tj ET Q q 0 0 0 rg BT 348.79 367.00 Td (that ) Tj ET Q q 0 0 0 rg BT 366.22 367.00 Td (were ) Tj ET Q q 0 0 0 rg BT 388.08 367.00 Td (in ) Tj ET Q q 0 0 0 rg BT 398.29 367.00 Td (an ) Tj ET Q q 0 0 0 rg BT 410.16 367.00 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 454.23 367.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 472.23 367.00 Td (position, ) Tj ET Q q 0 0 0 rg BT 509.38 367.00 Td (of ) Tj ET Q q 0 0 0 rg BT 520.15 367.00 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.02 367.00 Td (103) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.00 Td (individual ) Tj ET Q q 0 0 0 rg BT 92.19 355.00 Td (fixed ) Tj ET Q q 0 0 0 rg BT 114.38 355.00 Td (income ) Tj ET Q q 0 0 0 rg BT 145.45 355.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 184.85 355.00 Td (were ) Tj ET Q q 0 0 0 rg BT 205.92 355.00 Td (in ) Tj ET Q q 0 0 0 rg BT 215.34 355.00 Td (a ) Tj ET Q q 0 0 0 rg BT 221.42 355.00 Td (continuous ) Tj ET Q q 0 0 0 rg BT 266.95 355.00 Td (loss ) Tj ET Q q 0 0 0 rg BT 284.15 355.00 Td (position ) Tj ET Q q 0 0 0 rg BT 318.01 355.00 Td (for ) Tj ET Q q 0 0 0 rg BT 331.31 355.00 Td (longer ) Tj ET Q q 0 0 0 rg BT 358.50 355.00 Td (than ) Tj ET Q q 0 0 0 rg BT 377.36 355.00 Td (12 ) Tj ET Q q 0 0 0 rg BT 389.00 355.00 Td (months. ) Tj ET Q q 0 0 0 rg BT 422.46 355.00 Td (W) Tj ET Q q 0 0 0 rg BT 431.10 355.00 Td (e ) Tj ET Q q 0 0 0 rg BT 437.18 355.00 Td (did ) Tj ET Q q 0 0 0 rg BT 451.60 355.00 Td (not ) Tj ET Q q 0 0 0 rg BT 466.02 355.00 Td (recognize ) Tj ET Q q 0 0 0 rg BT 506.52 355.00 Td (the ) Tj ET Q q 0 0 0 rg BT 520.37 355.00 Td (unrealized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.00 Td (losses ) Tj ET Q q 0 0 0 rg BT 77.58 343.00 Td (in ) Tj ET Q q 0 0 0 rg BT 89.05 343.00 Td (earnings ) Tj ET Q q 0 0 0 rg BT 126.61 343.00 Td (on ) Tj ET Q q 0 0 0 rg BT 140.30 343.00 Td (these ) Tj ET Q q 0 0 0 rg BT 164.53 343.00 Td (fixed ) Tj ET Q q 0 0 0 rg BT 188.77 343.00 Td (income ) Tj ET Q q 0 0 0 rg BT 221.89 343.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 263.34 343.00 Td (for ) Tj ET Q q 0 0 0 rg BT 278.69 343.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.59 343.00 Td (three ) Tj ET Q q 0 0 0 rg BT 318.27 343.00 Td (month ) Tj ET Q q 0 0 0 rg BT 347.51 343.00 Td (period ) Tj ET Q q 0 0 0 rg BT 376.75 343.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 404.31 343.00 Td (March ) Tj ET Q q 0 0 0 rg BT 434.10 343.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 450.29 343.00 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.29 343.00 Td ( ) Tj ET Q q 0 0 0 rg BT 473.98 343.00 Td (or ) Tj ET Q q 0 0 0 rg BT 485.99 343.00 Td (for ) Tj ET Q q 0 0 0 rg BT 501.34 343.00 Td (the ) Tj ET Q q 0 0 0 rg BT 517.25 343.00 Td (year ) Tj ET Q q 0 0 0 rg BT 538.14 343.00 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.00 Td (December31, ) Tj ET Q q 0 0 0 rg BT 108.65 331.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.65 331.00 Td (, ) Tj ET Q q 0 0 0 rg BT 133.72 331.00 Td (because ) Tj ET Q q 0 0 0 rg BT 167.94 331.00 Td (we ) Tj ET Q q 0 0 0 rg BT 182.17 331.00 Td (neither ) Tj ET Q q 0 0 0 rg BT 212.50 331.00 Td (intend ) Tj ET Q q 0 0 0 rg BT 240.07 331.00 Td (to ) Tj ET Q q 0 0 0 rg BT 250.42 331.00 Td (sell ) Tj ET Q q 0 0 0 rg BT 266.87 331.00 Td (the ) Tj ET Q q 0 0 0 rg BT 281.66 331.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 321.99 331.00 Td (nor ) Tj ET Q q 0 0 0 rg BT 337.89 331.00 Td (do ) Tj ET Q q 0 0 0 rg BT 350.46 331.00 Td (we ) Tj ET Q q 0 0 0 rg BT 364.69 331.00 Td (believe ) Tj ET Q q 0 0 0 rg BT 396.13 331.00 Td (that ) Tj ET Q q 0 0 0 rg BT 413.70 331.00 Td (it ) Tj ET Q q 0 0 0 rg BT 421.83 331.00 Td (is ) Tj ET Q q 0 0 0 rg BT 431.06 331.00 Td (more ) Tj ET Q q 0 0 0 rg BT 454.18 331.00 Td (likely ) Tj ET Q q 0 0 0 rg BT 479.52 331.00 Td (than ) Tj ET Q q 0 0 0 rg BT 499.31 331.00 Td (not ) Tj ET Q q 0 0 0 rg BT 514.66 331.00 Td (that ) Tj ET Q q 0 0 0 rg BT 532.22 331.00 Td (we ) Tj ET Q q 0 0 0 rg BT 546.45 331.00 Td (will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.00 Td (be ) Tj ET Q q 0 0 0 rg BT 61.94 319.00 Td (required ) Tj ET Q q 0 0 0 rg BT 97.75 319.00 Td (to ) Tj ET Q q 0 0 0 rg BT 108.03 319.00 Td (sell ) Tj ET Q q 0 0 0 rg BT 124.42 319.00 Td (these ) Tj ET Q q 0 0 0 rg BT 147.47 319.00 Td (securities ) Tj ET Q q 0 0 0 rg BT 187.73 319.00 Td (before ) Tj ET Q q 0 0 0 rg BT 215.77 319.00 Td (recovery ) Tj ET Q q 0 0 0 rg BT 253.24 319.00 Td (of ) Tj ET Q q 0 0 0 rg BT 264.07 319.00 Td (their ) Tj ET Q q 0 0 0 rg BT 284.90 319.00 Td (amortized ) Tj ET Q q 0 0 0 rg BT 327.38 319.00 Td (costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.00 Td (The ) Tj ET Q q 0 0 0 rg BT 67.66 302.00 Td (following ) Tj ET Q q 0 0 0 rg BT 108.67 302.00 Td (table ) Tj ET Q q 0 0 0 rg BT 130.21 302.00 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 180.09 302.00 Td (the ) Tj ET Q q 0 0 0 rg BT 194.43 302.00 Td (components ) Tj ET Q q 0 0 0 rg BT 244.87 302.00 Td (of ) Tj ET Q q 0 0 0 rg BT 255.31 302.00 Td (net ) Tj ET Q q 0 0 0 rg BT 269.65 302.00 Td (investment ) Tj ET Q q 0 0 0 rg BT 315.64 302.00 Td (income ) Tj ET Q q 0 0 0 rg BT 347.19 302.00 Td (for ) Tj ET Q q 0 0 0 rg BT 360.97 302.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.30 302.00 Td (three ) Tj ET Q q 0 0 0 rg BT 397.40 302.00 Td (month ) Tj ET Q q 0 0 0 rg BT 425.07 302.00 Td (periods ) Tj ET Q q 0 0 0 rg BT 456.63 302.00 Td (ended ) Tj ET Q q 0 0 0 rg BT 482.62 302.00 Td (March ) Tj ET Q q 0 0 0 rg BT 510.84 302.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 525.45 302.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 547.57 302.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.00 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 290.00 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 290.00 Td (\($ ) Tj ET Q q 0 0 0 rg BT 83.33 290.00 Td (in ) Tj ET Q q 0 0 0 rg BT 93.61 290.00 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 246.50 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 246.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 246.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 216.50 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 216.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 216.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 186.50 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 186.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 186.50 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 274.5 m 486.5 274.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 260.5 m 486.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 274.5 m 561.5 274.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 260.5 m 561.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 260.5 m 486.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 246.5 m 486.5 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 260.5 m 561.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 246.5 m 561.5 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 246.5 m 486.5 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 246.5 m 561.5 246.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 186.5 m 486.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 172.5 m 486.5 172.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 170.5 m 486.5 170.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 186.5 m 561.5 186.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 172.5 m 561.5 172.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 170.5 m 561.5 170.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 265.18 Td (Thr) Tj ET Q q 0 0 0 rg BT 441.68 265.18 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.40 251.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 434.19 251.18 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.40 251.18 Td (Mar) Tj ET Q q 0 0 0 rg BT 509.10 251.18 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 236.17 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 236.17 Td (otal investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 221.17 Td ( Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 221.17 Td (1,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 221.17 Td (888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 206.17 Td ( Income from other investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 206.17 Td (183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 206.17 Td (476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 191.17 Td (Investment expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 191.22 Td (\(283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 191.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 191.22 Td (\(221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 191.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 176.17 Td (Net investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 176.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 176.17 Td (964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 176.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 176.17 Td (1,143) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.30 742.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.95 742.10 Td (table ) Tj ET Q q 0 0 0 rg BT 132.14 742.10 Td (presents ) Tj ET Q q 0 0 0 rg BT 167.66 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.63 742.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 224.25 742.10 Td (proceeds, ) Tj ET Q q 0 0 0 rg BT 265.05 742.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 288.92 742.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 323.31 742.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 369.95 742.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 393.82 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.01 742.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 434.88 742.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 469.28 742.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 515.92 742.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 542.56 742.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 71.94 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 88.88 730.10 Td (calls ) Tj ET Q q 0 0 0 rg BT 109.70 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.53 730.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 143.58 730.10 Td (income ) Tj ET Q q 0 0 0 rg BT 175.51 730.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 215.78 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 232.71 730.10 Td (equities ) Tj ET Q q 0 0 0 rg BT 266.32 730.10 Td (for ) Tj ET Q q 0 0 0 rg BT 280.48 730.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.20 730.10 Td (three ) Tj ET Q q 0 0 0 rg BT 317.68 730.10 Td (month ) Tj ET Q q 0 0 0 rg BT 345.74 730.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 377.68 730.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 404.05 730.10 Td (March ) Tj ET Q q 0 0 0 rg BT 432.65 730.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 447.65 730.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 470.15 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 487.09 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.09 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 509.59 730.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 520.42 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 530.70 730.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 686.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 686.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 686.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 656.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 656.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 656.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 626.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 626.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 626.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 596.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 596.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 596.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 566.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 566.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 566.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 536.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 536.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 536.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 714.6 m 486.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 700.6 m 486.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 714.6 m 561.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 700.6 m 486.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 686.6 m 486.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 700.6 m 561.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 686.6 m 561.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 686.6 m 486.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 686.6 m 561.5 686.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 705.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 441.68 705.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.40 691.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 434.19 691.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.40 691.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 509.10 691.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 676.27 Td (Fixed income securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 146.98 680.80 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.23 676.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 661.27 Td (Proceeds from sales and calls) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 661.27 Td (20,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 661.27 Td (5,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 646.27 Td (Gross realized investment gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 646.27 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 646.27 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 631.27 Td (Gross realized investment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 631.32 Td (\(221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 631.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 631.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 631.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 616.27 Td (Equities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 601.27 Td (Proceeds from sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 601.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 601.27 Td (1,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 601.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 601.27 Td (1,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 586.27 Td (Gross realized investment gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 586.27 Td (346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 586.27 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 571.27 Td (Gross realized investment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 571.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 571.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 556.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 556.27 Td (otal:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 541.27 Td (Proceeds from sales and calls) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 541.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 541.27 Td (22,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 541.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 541.27 Td (6,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 526.27 Td (Gross realized investment gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 526.27 Td (514) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 526.27 Td (144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 511.27 Td (Gross realized investment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 511.32 Td (\(221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 511.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 511.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 511.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 8.00 Tf ET BT /F3 5.20 Tf ET q 0 0 0 rg BT 50.00 493.73 Td (1) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 52.60 490.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 53.87 490.10 Td (- ) Tj ET Q q 0 0 0 rg BT 58.79 490.10 Td (The ) Tj ET Q q 0 0 0 rg BT 75.37 490.10 Td (pr) Tj ET Q q 0 0 0 rg BT 83.89 490.10 Td (oceeds ) Tj ET Q q 0 0 0 rg BT 112.69 490.10 Td (fr) Tj ET Q q 0 0 0 rg BT 118.99 490.10 Td (om ) Tj ET Q q 0 0 0 rg BT 132.79 490.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 154.38 490.10 Td (and ) Tj ET Q q 0 0 0 rg BT 170.97 490.10 Td (calls, ) Tj ET Q q 0 0 0 rg BT 193.94 490.10 Td (gr) Tj ET Q q 0 0 0 rg BT 202.46 490.10 Td (oss ) Tj ET Q q 0 0 0 rg BT 216.83 490.10 Td (r) Tj ET Q q 0 0 0 rg BT 220.35 490.10 Td (ealized ) Tj ET Q q 0 0 0 rg BT 250.27 490.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 294.62 490.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 317.87 490.10 Td (and ) Tj ET Q q 0 0 0 rg BT 334.46 490.10 Td (gr) Tj ET Q q 0 0 0 rg BT 342.98 490.10 Td (oss ) Tj ET Q q 0 0 0 rg BT 357.35 490.10 Td (r) Tj ET Q q 0 0 0 rg BT 360.87 490.10 Td (ealized ) Tj ET Q q 0 0 0 rg BT 390.78 490.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 435.13 490.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 460.61 490.10 Td (on ) Tj ET Q q 0 0 0 rg BT 472.20 490.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 493.22 490.10 Td (income ) Tj ET Q q 0 0 0 rg BT 523.68 490.10 Td (securities ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 59.00 478.10 Td (for ) Tj ET Q q 0 0 0 rg BT 73.17 478.10 Td (the ) Tj ET Q q 0 0 0 rg BT 87.89 478.10 Td (thr) Tj ET Q q 0 0 0 rg BT 99.19 478.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 110.56 478.10 Td (month ) Tj ET Q q 0 0 0 rg BT 138.06 478.10 Td (period ) Tj ET Q q 0 0 0 rg BT 166.67 478.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 193.05 478.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 209.90 478.10 Td (ch ) Tj ET Q q 0 0 0 rg BT 221.84 478.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 236.84 478.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 259.34 478.10 Td (wer) Tj ET Q q 0 0 0 rg BT 273.97 478.10 Td (e ) Tj ET Q q 0 0 0 rg BT 280.90 478.10 Td (r) Tj ET Q q 0 0 0 rg BT 284.42 478.10 Td (estated ) Tj ET Q q 0 0 0 rg BT 315.25 478.10 Td (to ) Tj ET Q q 0 0 0 rg BT 325.53 478.10 Td (include ) Tj ET Q q 0 0 0 rg BT 357.46 478.10 Td (both ) Tj ET Q q 0 0 0 rg BT 377.74 478.10 Td (voluntary ) Tj ET Q q 0 0 0 rg BT 418.57 478.10 Td (and ) Tj ET Q q 0 0 0 rg BT 436.07 478.10 Td (involuntary ) Tj ET Q q 0 0 0 rg BT 484.67 478.10 Td (calls.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.06 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.90 461.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.13 461.10 Td (table ) Tj ET Q q 0 0 0 rg BT 130.92 461.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 181.03 461.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.60 461.10 Td (components ) Tj ET Q q 0 0 0 rg BT 246.27 461.10 Td (of ) Tj ET Q q 0 0 0 rg BT 256.95 461.10 Td (net ) Tj ET Q q 0 0 0 rg BT 271.52 461.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 305.51 461.10 Td (gains ) Tj ET Q q 0 0 0 rg BT 328.97 461.10 Td (\(losses\) ) Tj ET Q q 0 0 0 rg BT 361.87 461.10 Td (for ) Tj ET Q q 0 0 0 rg BT 375.88 461.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.45 461.10 Td (three ) Tj ET Q q 0 0 0 rg BT 412.78 461.10 Td (month ) Tj ET Q q 0 0 0 rg BT 440.69 461.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 472.48 461.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 498.71 461.10 Td (March ) Tj ET Q q 0 0 0 rg BT 527.16 461.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.01 461.10 Td (2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 449.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 449.10 Td ( ) Tj ET Q q 0 0 0 rg BT 89.44 449.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 100.27 449.10 Td (in ) Tj ET Q q 0 0 0 rg BT 110.55 449.10 Td (000s\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 407.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 407.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 407.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 377.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 377.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 377.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 433.6 m 487.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 421.6 m 487.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 433.6 m 562.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 421.6 m 562.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 421.6 m 487.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 407.6 m 487.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 421.6 m 562.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 407.6 m 562.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 407.6 m 487.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 407.6 m 562.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 377.6 m 487.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 363.6 m 487.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 361.6 m 487.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 377.6 m 562.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 363.6 m 562.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 361.6 m 562.5 361.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.10 424.33 Td (Thr) Tj ET Q q 0 0 0 rg BT 442.68 424.33 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.40 412.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.19 412.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.40 412.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 510.10 412.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 397.27 Td (Fixed income securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 397.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 397.32 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 397.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 397.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 397.27 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 382.27 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 382.27 Td (346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 382.27 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 367.27 Td (Net realized gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 367.27 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 367.27 Td (134) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 346.10 Td ( ) Tj ET Q q 0 0 0 rg BT 77.87 346.10 Td (Investments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 329.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.41 329.10 Td (other ) Tj ET Q q 0 0 0 rg BT 99.68 329.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 150.17 329.10 Td (are ) Tj ET Q q 0 0 0 rg BT 165.09 329.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 209.46 329.10 Td (of ) Tj ET Q q 0 0 0 rg BT 220.51 329.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 260.42 329.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 284.25 329.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.40 329.10 Td (various ) Tj ET Q q 0 0 0 rg BT 333.55 329.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 364.60 329.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 416.19 329.10 Td (that ) Tj ET Q q 0 0 0 rg BT 433.91 329.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 460.51 329.10 Td (in ) Tj ET Q q 0 0 0 rg BT 471.00 329.10 Td (income-producing ) Tj ET Q q 0 0 0 rg BT 547.03 329.10 Td (real ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.10 Td (estate, ) Tj ET Q q 0 0 0 rg BT 77.99 317.10 Td (equities, ) Tj ET Q q 0 0 0 rg BT 114.31 317.10 Td (or ) Tj ET Q q 0 0 0 rg BT 125.37 317.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 166.41 317.10 Td (linked ) Tj ET Q q 0 0 0 rg BT 194.13 317.10 Td (securities. ) Tj ET Q q 0 0 0 rg BT 236.51 317.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 260.34 317.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 298.05 317.10 Td (for ) Tj ET Q q 0 0 0 rg BT 312.44 317.10 Td (these ) Tj ET Q q 0 0 0 rg BT 335.71 317.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 366.76 317.10 Td (partnership ) Tj ET Q q 0 0 0 rg BT 414.47 317.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 464.97 317.10 Td (using ) Tj ET Q q 0 0 0 rg BT 489.36 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.30 317.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 532.02 317.10 Td (method ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.22 305.10 Td (accounting. ) Tj ET Q q 0 0 0 rg BT 108.34 305.10 Td (The ) Tj ET Q q 0 0 0 rg BT 125.78 305.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 160.98 305.10 Td (values ) Tj ET Q q 0 0 0 rg BT 188.42 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 198.64 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.74 305.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 239.63 305.10 Td (method ) Tj ET Q q 0 0 0 rg BT 271.51 305.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 301.73 305.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 352.49 305.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.81 305.10 Td ($26.2 ) Tj ET Q q 0 0 0 rg BT 398.20 305.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.09 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 428.98 305.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.31 305.10 Td ($25.3 ) Tj ET Q q 0 0 0 rg BT 469.70 305.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.59 305.10 Td ( ) Tj ET Q q 0 0 0 rg BT 500.48 305.10 Td (as ) Tj ET Q q 0 0 0 rg BT 510.70 305.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.91 305.10 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 293.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.32 293.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.09 293.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 147.50 293.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 293.10 Td (, ) Tj ET Q q 0 0 0 rg BT 172.32 293.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 219.98 293.10 Td (. ) Tj ET Q q 0 0 0 rg BT 224.64 293.10 Td (The ) Tj ET Q q 0 0 0 rg BT 242.51 293.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 278.15 293.10 Td (value ) Tj ET Q q 0 0 0 rg BT 302.13 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.78 293.10 Td (these ) Tj ET Q q 0 0 0 rg BT 335.65 293.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 385.75 293.10 Td (is ) Tj ET Q q 0 0 0 rg BT 394.23 293.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 417.93 293.10 Td ( ) Tj ET Q q 0 0 0 rg BT 420.25 293.10 Td (share ) Tj ET Q q 0 0 0 rg BT 443.67 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 454.33 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.87 293.10 Td (net ) Tj ET Q q 0 0 0 rg BT 483.41 293.10 Td (book ) Tj ET Q q 0 0 0 rg BT 505.73 293.10 Td (value ) Tj ET Q q 0 0 0 rg BT 529.71 293.10 Td (for ) Tj ET Q q 0 0 0 rg BT 543.70 293.10 Td (each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 281.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 81.72 281.10 Td (partnership. ) Tj ET Q q 0 0 0 rg BT 132.34 281.10 Td (The ) Tj ET Q q 0 0 0 rg BT 151.27 281.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 187.97 281.10 Td (values ) Tj ET Q q 0 0 0 rg BT 216.91 281.10 Td (of ) Tj ET Q q 0 0 0 rg BT 228.62 281.10 Td (the ) Tj ET Q q 0 0 0 rg BT 244.22 281.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 284.81 281.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 309.30 281.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.11 281.10 Td ($3.9 ) Tj ET Q q 0 0 0 rg BT 353.00 281.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.89 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 385.28 281.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.10 281.10 Td ($6.2 ) Tj ET Q q 0 0 0 rg BT 423.98 281.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.88 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 456.26 281.10 Td (as ) Tj ET Q q 0 0 0 rg BT 467.98 281.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.69 281.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 524.18 281.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.18 281.10 Td ( ) Tj ET Q q 0 0 0 rg BT 547.56 281.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 269.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 108.58 269.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 269.10 Td (, ) Tj ET Q q 0 0 0 rg BT 133.58 269.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 181.25 269.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.93 252.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 109.19 252.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 154.33 252.10 Td (an ) Tj ET Q q 0 0 0 rg BT 166.15 252.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 214.63 252.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 232.57 252.10 Td (for ) Tj ET Q q 0 0 0 rg BT 246.61 252.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 273.98 252.10 Td (method ) Tj ET Q q 0 0 0 rg BT 306.36 252.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 337.07 252.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 388.33 252.10 Td (when ) Tj ET Q q 0 0 0 rg BT 412.37 252.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 450.28 252.10 Td (demonstrates ) Tj ET Q q 0 0 0 rg BT 505.42 252.10 Td (that ) Tj ET Q q 0 0 0 rg BT 522.80 252.10 Td (the ) Tj ET Q q 0 0 0 rg BT 537.40 252.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 555.34 252.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.10 Td (other ) Tj ET Q q 0 0 0 rg BT 73.15 240.10 Td (than ) Tj ET Q q 0 0 0 rg BT 92.98 240.10 Td (temporary) Tj ET Q q 0 0 0 rg BT 133.42 240.10 Td (. ) Tj ET Q q 0 0 0 rg BT 138.34 240.10 Td (T) Tj ET Q q 0 0 0 rg BT 143.75 240.10 Td (o ) Tj ET Q q 0 0 0 rg BT 151.36 240.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 193.94 240.10 Td (if ) Tj ET Q q 0 0 0 rg BT 202.66 240.10 Td (an ) Tj ET Q q 0 0 0 rg BT 214.70 240.10 Td (other) Tj ET Q q 0 0 0 rg BT 235.05 240.10 Td (-than-temporary ) Tj ET Q q 0 0 0 rg BT 302.63 240.10 Td (impairment ) Tj ET Q q 0 0 0 rg BT 351.33 240.10 Td (has ) Tj ET Q q 0 0 0 rg BT 367.27 240.10 Td (occurred, ) Tj ET Q q 0 0 0 rg BT 407.35 240.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.17 240.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 463.67 240.10 Td (evaluates ) Tj ET Q q 0 0 0 rg BT 503.47 240.10 Td (whether ) Tj ET Q q 0 0 0 rg BT 538.29 240.10 Td (or ) Tj ET Q q 0 0 0 rg BT 549.22 240.10 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.73 228.10 Td (investee ) Tj ET Q q 0 0 0 rg BT 102.00 228.10 Td (could ) Tj ET Q q 0 0 0 rg BT 127.73 228.10 Td (sustain ) Tj ET Q q 0 0 0 rg BT 159.01 228.10 Td (a ) Tj ET Q q 0 0 0 rg BT 166.96 228.10 Td (level ) Tj ET Q q 0 0 0 rg BT 189.91 228.10 Td (of ) Tj ET Q q 0 0 0 rg BT 201.75 228.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 239.13 228.10 Td (that ) Tj ET Q q 0 0 0 rg BT 257.64 228.10 Td (would ) Tj ET Q q 0 0 0 rg BT 286.15 228.10 Td (justify ) Tj ET Q q 0 0 0 rg BT 315.21 228.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.94 228.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 367.77 228.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 401.27 228.10 Td (of ) Tj ET Q q 0 0 0 rg BT 413.11 228.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.84 228.10 Td (investment. ) Tj ET Q q 0 0 0 rg BT 478.73 228.10 Td ( ) Tj ET Q q 0 0 0 rg BT 482.24 228.10 Td (Collateral ) Tj ET Q q 0 0 0 rg BT 525.18 228.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 549.79 228.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 97.01 216.10 Td (impaired ) Tj ET Q q 0 0 0 rg BT 136.25 216.10 Td (when ) Tj ET Q q 0 0 0 rg BT 161.61 216.10 Td (it ) Tj ET Q q 0 0 0 rg BT 170.87 216.10 Td (is ) Tj ET Q q 0 0 0 rg BT 181.24 216.10 Td (probable ) Tj ET Q q 0 0 0 rg BT 219.92 216.10 Td (that ) Tj ET Q q 0 0 0 rg BT 238.62 216.10 Td (the ) Tj ET Q q 0 0 0 rg BT 254.53 216.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 297.12 216.10 Td (will ) Tj ET Q q 0 0 0 rg BT 316.37 216.10 Td (not ) Tj ET Q q 0 0 0 rg BT 332.85 216.10 Td (collect ) Tj ET Q q 0 0 0 rg BT 363.20 216.10 Td (the ) Tj ET Q q 0 0 0 rg BT 379.11 216.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 427.23 216.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 466.47 216.10 Td (and ) Tj ET Q q 0 0 0 rg BT 484.61 216.10 Td (interest. ) Tj ET Q q 0 0 0 rg BT 520.24 216.10 Td ( ) Tj ET Q q 0 0 0 rg BT 523.67 216.10 Td (V) Tj ET Q q 0 0 0 rg BT 529.79 216.10 Td (aluation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (allowances ) Tj ET Q q 0 0 0 rg BT 97.01 204.10 Td (are ) Tj ET Q q 0 0 0 rg BT 111.80 204.10 Td (established ) Tj ET Q q 0 0 0 rg BT 158.81 204.10 Td (for ) Tj ET Q q 0 0 0 rg BT 173.06 204.10 Td (impaired ) Tj ET Q q 0 0 0 rg BT 211.18 204.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 234.87 204.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 259.11 204.10 Td (to ) Tj ET Q q 0 0 0 rg BT 269.47 204.10 Td (the ) Tj ET Q q 0 0 0 rg BT 284.27 204.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 300.73 204.10 Td (value ) Tj ET Q q 0 0 0 rg BT 324.97 204.10 Td (of ) Tj ET Q q 0 0 0 rg BT 335.88 204.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.68 204.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 390.46 204.10 Td (less ) Tj ET Q q 0 0 0 rg BT 408.05 204.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 430.63 204.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.99 204.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 457.46 204.10 Td (or ) Tj ET Q q 0 0 0 rg BT 468.37 204.10 Td (the ) Tj ET Q q 0 0 0 rg BT 483.17 204.10 Td (present ) Tj ET Q q 0 0 0 rg BT 514.63 204.10 Td (value ) Tj ET Q q 0 0 0 rg BT 538.87 204.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 204.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (loan) Tj ET Q q 0 0 0 rg BT 70.00 192.10 Td (s ) Tj ET Q q 0 0 0 rg BT 77.16 192.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 115.96 192.10 Td (future ) Tj ET Q q 0 0 0 rg BT 143.11 192.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 188.58 192.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 209.62 192.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 235.12 192.10 Td (discounted ) Tj ET Q q 0 0 0 rg BT 281.71 192.10 Td (at ) Tj ET Q q 0 0 0 rg BT 292.20 192.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.69 192.10 Td (loan) Tj ET Q q 0 0 0 rg BT 327.69 192.10 Td (s ) Tj ET Q q 0 0 0 rg BT 334.85 192.10 Td (original ) Tj ET Q q 0 0 0 rg BT 369.22 192.10 Td (ef) Tj ET Q q 0 0 0 rg BT 376.81 192.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 407.29 192.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 439.99 192.10 Td (rate. ) Tj ET Q q 0 0 0 rg BT 460.51 192.10 Td (V) Tj ET Q q 0 0 0 rg BT 466.62 192.10 Td (aluation ) Tj ET Q q 0 0 0 rg BT 502.11 192.10 Td (allowances ) Tj ET Q q 0 0 0 rg BT 549.80 192.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 85.30 180.10 Td (for ) Tj ET Q q 0 0 0 rg BT 98.94 180.10 Td (subsequent ) Tj ET Q q 0 0 0 rg BT 145.36 180.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 179.55 180.10 Td (in ) Tj ET Q q 0 0 0 rg BT 189.30 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 203.50 180.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 219.36 180.10 Td (value ) Tj ET Q q 0 0 0 rg BT 242.99 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 253.30 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 267.50 180.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 306.67 180.10 Td (less ) Tj ET Q q 0 0 0 rg BT 323.65 180.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 345.63 180.10 Td (to ) Tj ET Q q 0 0 0 rg BT 355.39 180.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 371.25 180.10 Td (or ) Tj ET Q q 0 0 0 rg BT 381.56 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.76 180.10 Td (present ) Tj ET Q q 0 0 0 rg BT 426.61 180.10 Td (value ) Tj ET Q q 0 0 0 rg BT 450.25 180.10 Td (of ) Tj ET Q q 0 0 0 rg BT 460.56 180.10 Td (the ) Tj ET Q q 0 0 0 rg BT 474.75 180.10 Td (loan) Tj ET Q q 0 0 0 rg BT 494.75 180.10 Td (s ) Tj ET Q q 0 0 0 rg BT 500.62 180.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 538.13 180.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 94.20 168.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 113.96 168.10 Td (flows. ) Tj ET Q q 0 0 0 rg BT 140.24 168.10 Td (As ) Tj ET Q q 0 0 0 rg BT 153.35 168.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.68 168.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 206.77 168.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.77 168.10 Td ( ) Tj ET Q q 0 0 0 rg BT 228.77 168.10 Td (and ) Tj ET Q q 0 0 0 rg BT 245.20 168.10 Td (as ) Tj ET Q q 0 0 0 rg BT 255.53 168.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.85 168.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 323.93 168.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.93 168.10 Td (, ) Tj ET Q q 0 0 0 rg BT 348.43 168.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.64 168.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 403.52 168.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.96 168.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.96 168.10 Td ( ) Tj ET Q q 0 0 0 rg BT 431.96 168.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 471.16 168.10 Td (allowances ) Tj ET Q q 0 0 0 rg BT 517.58 168.10 Td (established ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.10 Td (for ) Tj ET Q q 0 0 0 rg BT 64.16 156.10 Td (impaired ) Tj ET Q q 0 0 0 rg BT 102.20 156.10 Td (loans.) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Collateral ) Tj ET Q q 0 0 0 rg BT 95.26 742.25 Td (pledged:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (As ) Tj ET Q q 0 0 0 rg BT 63.18 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.58 725.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 116.74 725.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.74 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 138.81 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 155.31 725.25 Td (as ) Tj ET Q q 0 0 0 rg BT 165.71 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.11 725.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 234.26 725.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.26 725.25 Td (, ) Tj ET Q q 0 0 0 rg BT 258.83 725.25 Td (bonds, ) Tj ET Q q 0 0 0 rg BT 287.29 725.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 307.12 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 323.63 725.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 343.46 725.25 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 391.07 725.25 Td (with ) Tj ET Q q 0 0 0 rg BT 410.92 725.25 Td (a ) Tj ET Q q 0 0 0 rg BT 417.42 725.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 433.36 725.25 Td (value ) Tj ET Q q 0 0 0 rg BT 457.09 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.48 725.25 Td ($14.8 ) Tj ET Q q 0 0 0 rg BT 492.05 725.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.94 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 523.01 725.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.51 725.25 Td ($15.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 713.25 Td (, ) Tj ET Q q 0 0 0 rg BT 84.82 713.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 132.48 713.25 Td (, ) Tj ET Q q 0 0 0 rg BT 138.41 713.25 Td (were ) Tj ET Q q 0 0 0 rg BT 161.26 713.25 Td (on ) Tj ET Q q 0 0 0 rg BT 174.69 713.25 Td (deposit ) Tj ET Q q 0 0 0 rg BT 207.00 713.25 Td (with ) Tj ET Q q 0 0 0 rg BT 228.21 713.25 Td (state ) Tj ET Q q 0 0 0 rg BT 249.96 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 267.82 713.25 Td (provincial ) Tj ET Q q 0 0 0 rg BT 311.79 713.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 356.31 713.25 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 403.70 713.25 Td (Also, ) Tj ET Q q 0 0 0 rg BT 428.51 713.25 Td (from ) Tj ET Q q 0 0 0 rg BT 451.38 713.25 Td (time ) Tj ET Q q 0 0 0 rg BT 472.58 713.25 Td (to ) Tj ET Q q 0 0 0 rg BT 483.78 713.25 Td (time, ) Tj ET Q q 0 0 0 rg BT 507.48 713.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.13 713.25 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (pledges ) Tj ET Q q 0 0 0 rg BT 82.12 701.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 121.45 701.25 Td (to ) Tj ET Q q 0 0 0 rg BT 130.80 701.25 Td (and ) Tj ET Q q 0 0 0 rg BT 146.81 701.25 Td (deposits ) Tj ET Q q 0 0 0 rg BT 181.16 701.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 200.50 701.25 Td (with ) Tj ET Q q 0 0 0 rg BT 219.85 701.25 Td (third ) Tj ET Q q 0 0 0 rg BT 240.31 701.25 Td (parties ) Tj ET Q q 0 0 0 rg BT 268.54 701.25 Td (to ) Tj ET Q q 0 0 0 rg BT 277.89 701.25 Td (collateralize ) Tj ET Q q 0 0 0 rg BT 328.31 701.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 367.10 701.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 401.98 701.25 Td (under ) Tj ET Q q 0 0 0 rg BT 426.32 701.25 Td (its ) Tj ET Q q 0 0 0 rg BT 437.34 701.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 470.02 701.25 Td (of ) Tj ET Q q 0 0 0 rg BT 479.92 701.25 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 527.58 701.25 Td (assumed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.52 689.25 Td (other ) Tj ET Q q 0 0 0 rg BT 89.16 689.25 Td (commitments ) Tj ET Q q 0 0 0 rg BT 145.68 689.25 Td (made ) Tj ET Q q 0 0 0 rg BT 169.42 689.25 Td (by ) Tj ET Q q 0 0 0 rg BT 181.50 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 195.81 689.25 Td (Company) Tj ET Q q 0 0 0 rg BT 234.04 689.25 Td (. ) Tj ET Q q 0 0 0 rg BT 238.63 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 240.25 689.25 Td (As ) Tj ET Q q 0 0 0 rg BT 253.45 689.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.87 689.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 307.05 689.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.05 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 329.13 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 345.66 689.25 Td (as ) Tj ET Q q 0 0 0 rg BT 356.07 689.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.49 689.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 424.66 689.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.66 689.25 Td (, ) Tj ET Q q 0 0 0 rg BT 449.24 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 463.54 689.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 499.52 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 509.93 689.25 Td (such ) Tj ET Q q 0 0 0 rg BT 530.35 689.25 Td (pledged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 89.96 677.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.58 677.25 Td ($15.2 ) Tj ET Q q 0 0 0 rg BT 136.27 677.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.16 677.25 Td ( ) Tj ET Q q 0 0 0 rg BT 167.35 677.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.98 677.25 Td ($12.2 ) Tj ET Q q 0 0 0 rg BT 208.67 677.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.56 677.25 Td (, ) Tj ET Q q 0 0 0 rg BT 242.25 677.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 289.92 677.25 Td (. ) Tj ET Q q 0 0 0 rg BT 294.61 677.25 Td ( ) Tj ET Q q 0 0 0 rg BT 296.80 677.25 Td (Collateral ) Tj ET Q q 0 0 0 rg BT 338.42 677.25 Td (pledging ) Tj ET Q q 0 0 0 rg BT 375.60 677.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 425.56 677.25 Td (are ) Tj ET Q q 0 0 0 rg BT 439.96 677.25 Td (conducted ) Tj ET Q q 0 0 0 rg BT 483.24 677.25 Td (under ) Tj ET Q q 0 0 0 rg BT 508.20 677.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 532.61 677.25 Td (that ) Tj ET Q q 0 0 0 rg BT 549.80 677.25 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.25 Td (common ) Tj ET Q q 0 0 0 rg BT 88.24 665.25 Td (and ) Tj ET Q q 0 0 0 rg BT 105.92 665.25 Td (customary ) Tj ET Q q 0 0 0 rg BT 150.81 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 161.83 665.25 Td (standard ) Tj ET Q q 0 0 0 rg BT 198.95 665.25 Td (collateral ) Tj ET Q q 0 0 0 rg BT 239.39 665.25 Td (pledging ) Tj ET Q q 0 0 0 rg BT 277.63 665.25 Td (and ) Tj ET Q q 0 0 0 rg BT 295.30 665.25 Td (are ) Tj ET Q q 0 0 0 rg BT 310.75 665.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 342.32 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 353.34 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 368.80 665.25 Td (Company) Tj ET Q q 0 0 0 rg BT 410.46 665.25 Td (s ) Tj ET Q q 0 0 0 rg BT 417.59 665.25 Td (standard ) Tj ET Q q 0 0 0 rg BT 454.71 665.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 472.95 665.25 Td (management ) Tj ET Q q 0 0 0 rg BT 527.28 665.25 Td (controls. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.25 Td (These ) Tj ET Q q 0 0 0 rg BT 76.45 653.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 102.36 653.25 Td (and ) Tj ET Q q 0 0 0 rg BT 119.37 653.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 165.83 653.25 Td (income ) Tj ET Q q 0 0 0 rg BT 197.83 653.25 Td (related ) Tj ET Q q 0 0 0 rg BT 227.61 653.25 Td (thereto ) Tj ET Q q 0 0 0 rg BT 257.95 653.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 288.29 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 303.08 653.25 Td (property ) Tj ET Q q 0 0 0 rg BT 339.53 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 350.44 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 365.23 653.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 406.69 653.25 Td (while ) Tj ET Q q 0 0 0 rg BT 431.48 653.25 Td (pledged. ) Tj ET Q q 0 0 0 rg BT 468.21 653.25 Td (Neither ) Tj ET Q q 0 0 0 rg BT 500.77 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 515.56 653.25 Td (state ) Tj ET Q q 0 0 0 rg BT 536.46 653.25 Td (and/or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.25 Td (provincial ) Tj ET Q q 0 0 0 rg BT 93.04 641.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 136.64 641.25 Td (authorities ) Tj ET Q q 0 0 0 rg BT 181.35 641.25 Td (nor ) Tj ET Q q 0 0 0 rg BT 197.18 641.25 Td (any ) Tj ET Q q 0 0 0 rg BT 214.12 641.25 Td (other ) Tj ET Q q 0 0 0 rg BT 237.16 641.25 Td (third ) Tj ET Q q 0 0 0 rg BT 258.55 641.25 Td (party ) Tj ET Q q 0 0 0 rg BT 281.60 641.25 Td (has ) Tj ET Q q 0 0 0 rg BT 297.43 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 312.14 641.25 Td (right ) Tj ET Q q 0 0 0 rg BT 333.53 641.25 Td (to ) Tj ET Q q 0 0 0 rg BT 343.81 641.25 Td (re-pledge ) Tj ET Q q 0 0 0 rg BT 384.06 641.25 Td (or ) Tj ET Q q 0 0 0 rg BT 394.89 641.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 411.28 641.25 Td (said ) Tj ET Q q 0 0 0 rg BT 429.89 641.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 470.15 641.25 Td (held ) Tj ET Q q 0 0 0 rg BT 489.87 641.25 Td (on ) Tj ET Q q 0 0 0 rg BT 502.37 641.25 Td (deposit.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 619.25 Td ( 6. F) Tj ET Q q 0 0 0 rg BT 85.87 619.25 Td (AIR ) Tj ET Q q 0 0 0 rg BT 106.52 619.25 Td (V) Tj ET Q q 0 0 0 rg BT 112.45 619.25 Td (ALUE OF) Tj ET Q q 0 0 0 rg BT 156.25 619.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 214.87 619.25 Td ( INSTRUMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 70.05 602.25 Td (GAAP) Tj ET Q q 0 0 0 rg BT 96.90 602.25 Td ( ) Tj ET Q q 0 0 0 rg BT 99.17 602.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 133.64 602.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 163.11 602.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 188.71 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 205.41 602.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 244.89 602.25 Td (to ) Tj ET Q q 0 0 0 rg BT 254.94 602.25 Td (be ) Tj ET Q q 0 0 0 rg BT 266.64 602.25 Td (reported ) Tj ET Q q 0 0 0 rg BT 302.22 602.25 Td (at ) Tj ET Q q 0 0 0 rg BT 311.70 602.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 327.85 602.25 Td (value ) Tj ET Q q 0 0 0 rg BT 351.77 602.25 Td (in ) Tj ET Q q 0 0 0 rg BT 361.81 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 376.29 602.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 413.54 602.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 458.02 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 474.72 602.25 Td (provides ) Tj ET Q q 0 0 0 rg BT 511.43 602.25 Td (a ) Tj ET Q q 0 0 0 rg BT 518.13 602.25 Td (framework ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (for ) Tj ET Q q 0 0 0 rg BT 64.32 590.25 Td (establishing ) Tj ET Q q 0 0 0 rg BT 114.75 590.25 Td (that ) Tj ET Q q 0 0 0 rg BT 132.40 590.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 148.94 590.25 Td (value. ) Tj ET Q q 0 0 0 rg BT 175.75 590.25 Td ( ) Tj ET Q q 0 0 0 rg BT 178.41 590.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 203.84 590.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 211.49 590.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 238.60 590.25 Td (are ) Tj ET Q q 0 0 0 rg BT 253.47 590.25 Td (given ) Tj ET Q q 0 0 0 rg BT 278.34 590.25 Td (the ) Tj ET Q q 0 0 0 rg BT 293.22 590.25 Td (highest ) Tj ET Q q 0 0 0 rg BT 324.76 590.25 Td (priority ) Tj ET Q q 0 0 0 rg BT 357.42 590.25 Td (in ) Tj ET Q q 0 0 0 rg BT 367.85 590.25 Td (the ) Tj ET Q q 0 0 0 rg BT 382.73 590.25 Td (hierarchy) Tj ET Q q 0 0 0 rg BT 419.83 590.25 Td (, ) Tj ET Q q 0 0 0 rg BT 424.99 590.25 Td (while ) Tj ET Q q 0 0 0 rg BT 449.87 590.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 475.29 590.25 Td (3 ) Tj ET Q q 0 0 0 rg BT 482.95 590.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 510.06 590.25 Td (are ) Tj ET Q q 0 0 0 rg BT 524.92 590.25 Td (given ) Tj ET Q q 0 0 0 rg BT 549.80 590.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (lowest ) Tj ET Q q 0 0 0 rg BT 78.11 578.25 Td (priority) Tj ET Q q 0 0 0 rg BT 107.46 578.25 Td (. ) Tj ET Q q 0 0 0 rg BT 111.97 578.25 Td ( ) Tj ET Q q 0 0 0 rg BT 113.53 578.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 141.65 578.25 Td (and ) Tj ET Q q 0 0 0 rg BT 158.09 578.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 197.31 578.25 Td (carried ) Tj ET Q q 0 0 0 rg BT 227.07 578.25 Td (at ) Tj ET Q q 0 0 0 rg BT 236.30 578.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 252.18 578.25 Td (value ) Tj ET Q q 0 0 0 rg BT 275.84 578.25 Td (are ) Tj ET Q q 0 0 0 rg BT 290.05 578.25 Td (classified ) Tj ET Q q 0 0 0 rg BT 329.82 578.25 Td (in ) Tj ET Q q 0 0 0 rg BT 339.61 578.25 Td (one ) Tj ET Q q 0 0 0 rg BT 356.05 578.25 Td (of ) Tj ET Q q 0 0 0 rg BT 366.39 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.61 578.25 Td (following ) Tj ET Q q 0 0 0 rg BT 421.50 578.25 Td (three ) Tj ET Q q 0 0 0 rg BT 443.49 578.25 Td (categories ) Tj ET Q q 0 0 0 rg BT 486.03 578.25 Td (based ) Tj ET Q q 0 0 0 rg BT 510.81 578.25 Td (on ) Tj ET Q q 0 0 0 rg BT 522.81 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.04 578.25 Td (nature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 566.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.55 566.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 102.50 566.25 Td (to ) Tj ET Q q 0 0 0 rg BT 112.77 566.25 Td (the ) Tj ET Q q 0 0 0 rg BT 127.49 566.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 167.20 566.25 Td (technique ) Tj ET Q q 0 0 0 rg BT 208.57 566.25 Td (used:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 76.21 549.25 Td (1 ) Tj ET Q q 0 0 0 rg BT 84.65 549.25 Td (- ) Tj ET Q q 0 0 0 rg BT 91.42 549.25 Td (Observable ) Tj ET Q q 0 0 0 rg BT 140.40 549.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 168.29 549.25 Td (that ) Tj ET Q q 0 0 0 rg BT 186.72 549.25 Td (reflect ) Tj ET Q q 0 0 0 rg BT 215.70 549.25 Td (unadjusted ) Tj ET Q q 0 0 0 rg BT 262.46 549.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 293.12 549.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 320.44 549.25 Td (for ) Tj ET Q q 0 0 0 rg BT 335.54 549.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 373.41 549.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 400.18 549.25 Td (or ) Tj ET Q q 0 0 0 rg BT 411.95 549.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 452.61 549.25 Td (in ) Tj ET Q q 0 0 0 rg BT 463.83 549.25 Td (active ) Tj ET Q q 0 0 0 rg BT 491.15 549.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 526.24 549.25 Td (as ) Tj ET Q q 0 0 0 rg BT 538.01 549.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 549.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 89.18 537.25 Td (date. ) Tj ET Q q 0 0 0 rg BT 110.85 537.25 Td ( ) Tj ET Q q 0 0 0 rg BT 112.82 537.25 Td (Active ) Tj ET Q q 0 0 0 rg BT 141.99 537.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 176.17 537.25 Td (are ) Tj ET Q q 0 0 0 rg BT 190.90 537.25 Td (those ) Tj ET Q q 0 0 0 rg BT 214.53 537.25 Td (in ) Tj ET Q q 0 0 0 rg BT 224.83 537.25 Td (which ) Tj ET Q q 0 0 0 rg BT 251.79 537.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 302.07 537.25 Td (for ) Tj ET Q q 0 0 0 rg BT 316.25 537.25 Td (the ) Tj ET Q q 0 0 0 rg BT 330.99 537.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 352.95 537.25 Td (or ) Tj ET Q q 0 0 0 rg BT 363.80 537.25 Td (liability ) Tj ET Q q 0 0 0 rg BT 397.43 537.25 Td (occur ) Tj ET Q q 0 0 0 rg BT 422.16 537.25 Td (in ) Tj ET Q q 0 0 0 rg BT 432.46 537.25 Td (suf) Tj ET Q q 0 0 0 rg BT 444.50 537.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 472.56 537.25 Td (frequency ) Tj ET Q q 0 0 0 rg BT 515.06 537.25 Td (and ) Tj ET Q q 0 0 0 rg BT 532.02 537.25 Td (volume ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 525.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 93.33 525.25 Td (pricing ) Tj ET Q q 0 0 0 rg BT 124.15 525.25 Td (information ) Tj ET Q q 0 0 0 rg BT 173.86 525.25 Td (on ) Tj ET Q q 0 0 0 rg BT 186.36 525.25 Td (an ) Tj ET Q q 0 0 0 rg BT 198.30 525.25 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 233.58 525.25 Td (basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 75.26 508.25 Td (2 ) Tj ET Q q 0 0 0 rg BT 82.76 508.25 Td (- ) Tj ET Q q 0 0 0 rg BT 88.59 508.25 Td (Observable ) Tj ET Q q 0 0 0 rg BT 136.63 508.25 Td (market-based ) Tj ET Q q 0 0 0 rg BT 192.99 508.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 219.94 508.25 Td (or ) Tj ET Q q 0 0 0 rg BT 230.77 508.25 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 286.59 508.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 313.54 508.25 Td (that ) Tj ET Q q 0 0 0 rg BT 331.03 508.25 Td (are ) Tj ET Q q 0 0 0 rg BT 345.74 508.25 Td (corroborated ) Tj ET Q q 0 0 0 rg BT 399.32 508.25 Td (by ) Tj ET Q q 0 0 0 rg BT 411.82 508.25 Td (market ) Tj ET Q q 0 0 0 rg BT 442.08 508.25 Td (data.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 491.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 75.26 491.25 Td (3 ) Tj ET Q q 0 0 0 rg BT 82.75 491.25 Td (- ) Tj ET Q q 0 0 0 rg BT 88.58 491.25 Td (Unobservable ) Tj ET Q q 0 0 0 rg BT 146.61 491.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 173.55 491.25 Td (that ) Tj ET Q q 0 0 0 rg BT 191.04 491.25 Td (are ) Tj ET Q q 0 0 0 rg BT 205.74 491.25 Td (not ) Tj ET Q q 0 0 0 rg BT 221.01 491.25 Td (corroborated ) Tj ET Q q 0 0 0 rg BT 274.59 491.25 Td (by ) Tj ET Q q 0 0 0 rg BT 287.08 491.25 Td (market ) Tj ET Q q 0 0 0 rg BT 317.34 491.25 Td (data. ) Tj ET Q q 0 0 0 rg BT 338.99 491.25 Td ( ) Tj ET Q q 0 0 0 rg BT 341.31 491.25 Td (These ) Tj ET Q q 0 0 0 rg BT 367.68 491.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 394.62 491.25 Td (reflect ) Tj ET Q q 0 0 0 rg BT 422.65 491.25 Td (management) Tj ET Q q 0 0 0 rg BT 476.51 491.25 Td (s ) Tj ET Q q 0 0 0 rg BT 482.90 491.25 Td (best ) Tj ET Q q 0 0 0 rg BT 501.50 491.25 Td (estimate ) Tj ET Q q 0 0 0 rg BT 537.32 491.25 Td (of ) Tj ET Q q 0 0 0 rg BT 548.14 491.25 Td (fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.25 Td (value ) Tj ET Q q 0 0 0 rg BT 74.16 479.25 Td (using ) Tj ET Q q 0 0 0 rg BT 98.33 479.25 Td (its ) Tj ET Q q 0 0 0 rg BT 110.27 479.25 Td (own ) Tj ET Q q 0 0 0 rg BT 130.00 479.25 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 181.94 479.25 Td (about ) Tj ET Q q 0 0 0 rg BT 206.66 479.25 Td (the ) Tj ET Q q 0 0 0 rg BT 221.38 479.25 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 273.33 479.25 Td (a ) Tj ET Q q 0 0 0 rg BT 280.26 479.25 Td (market ) Tj ET Q q 0 0 0 rg BT 310.53 479.25 Td (participant ) Tj ET Q q 0 0 0 rg BT 355.79 479.25 Td (would ) Tj ET Q q 0 0 0 rg BT 383.29 479.25 Td (use ) Tj ET Q q 0 0 0 rg BT 399.12 479.25 Td (in ) Tj ET Q q 0 0 0 rg BT 409.39 479.25 Td (pricing ) Tj ET Q q 0 0 0 rg BT 440.22 479.25 Td (the ) Tj ET Q q 0 0 0 rg BT 454.94 479.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 476.88 479.25 Td (or ) Tj ET Q q 0 0 0 rg BT 487.71 479.25 Td (liability) Tj ET Q q 0 0 0 rg BT 518.16 479.25 Td (. ) Tj ET Q q 0 0 0 rg BT 523.16 479.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 77.61 462.25 Td (and ) Tj ET Q q 0 0 0 rg BT 93.55 462.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 132.27 462.25 Td (are ) Tj ET Q q 0 0 0 rg BT 145.98 462.25 Td (classified ) Tj ET Q q 0 0 0 rg BT 185.24 462.25 Td (in ) Tj ET Q q 0 0 0 rg BT 194.52 462.25 Td (their ) Tj ET Q q 0 0 0 rg BT 214.35 462.25 Td (entirety ) Tj ET Q q 0 0 0 rg BT 246.39 462.25 Td (based ) Tj ET Q q 0 0 0 rg BT 270.66 462.25 Td (on ) Tj ET Q q 0 0 0 rg BT 282.16 462.25 Td (the ) Tj ET Q q 0 0 0 rg BT 295.88 462.25 Td (lowest ) Tj ET Q q 0 0 0 rg BT 323.48 462.25 Td (level ) Tj ET Q q 0 0 0 rg BT 344.42 462.25 Td (of ) Tj ET Q q 0 0 0 rg BT 354.25 462.25 Td (input ) Tj ET Q q 0 0 0 rg BT 376.31 462.25 Td (that ) Tj ET Q q 0 0 0 rg BT 392.80 462.25 Td (is ) Tj ET Q q 0 0 0 rg BT 400.97 462.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 444.68 462.25 Td (to ) Tj ET Q q 0 0 0 rg BT 453.96 462.25 Td (the ) Tj ET Q q 0 0 0 rg BT 467.68 462.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 483.06 462.25 Td (value ) Tj ET Q q 0 0 0 rg BT 506.21 462.25 Td (measurement. ) Tj ET Q q 0 0 0 rg BT 564.52 462.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 450.25 Td ( ) Tj ET Q q 0 0 0 rg BT 76.62 450.25 Td (assessment ) Tj ET Q q 0 0 0 rg BT 123.99 450.25 Td (of ) Tj ET Q q 0 0 0 rg BT 135.25 450.25 Td (the ) Tj ET Q q 0 0 0 rg BT 150.39 450.25 Td (significance ) Tj ET Q q 0 0 0 rg BT 201.63 450.25 Td (of ) Tj ET Q q 0 0 0 rg BT 212.89 450.25 Td (a ) Tj ET Q q 0 0 0 rg BT 220.25 450.25 Td (particular ) Tj ET Q q 0 0 0 rg BT 261.49 450.25 Td (input ) Tj ET Q q 0 0 0 rg BT 284.97 450.25 Td (to ) Tj ET Q q 0 0 0 rg BT 295.68 450.25 Td (the ) Tj ET Q q 0 0 0 rg BT 310.82 450.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 327.63 450.25 Td (value ) Tj ET Q q 0 0 0 rg BT 352.21 450.25 Td (measurement ) Tj ET Q q 0 0 0 rg BT 408.45 450.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 443.58 450.25 Td (judgment, ) Tj ET Q q 0 0 0 rg BT 486.78 450.25 Td (and ) Tj ET Q q 0 0 0 rg BT 504.15 450.25 Td (may ) Tj ET Q q 0 0 0 rg BT 524.29 450.25 Td (af) Tj ET Q q 0 0 0 rg BT 531.88 450.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 549.79 450.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (placement ) Tj ET Q q 0 0 0 rg BT 93.59 438.25 Td (of ) Tj ET Q q 0 0 0 rg BT 104.42 438.25 Td (the ) Tj ET Q q 0 0 0 rg BT 119.14 438.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 141.07 438.25 Td (or ) Tj ET Q q 0 0 0 rg BT 151.90 438.25 Td (liability ) Tj ET Q q 0 0 0 rg BT 185.51 438.25 Td (within ) Tj ET Q q 0 0 0 rg BT 213.57 438.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.29 438.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 244.66 438.25 Td (value ) Tj ET Q q 0 0 0 rg BT 268.82 438.25 Td (hierarchy ) Tj ET Q q 0 0 0 rg BT 309.07 438.25 Td (levels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 421.25 Td (following ) Tj ET Q q 0 0 0 rg BT 109.43 421.25 Td (is ) Tj ET Q q 0 0 0 rg BT 118.60 421.25 Td (a ) Tj ET Q q 0 0 0 rg BT 125.54 421.25 Td (summary ) Tj ET Q q 0 0 0 rg BT 165.26 421.25 Td (of ) Tj ET Q q 0 0 0 rg BT 176.09 421.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 220.80 421.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 260.51 421.25 Td (techniques ) Tj ET Q q 0 0 0 rg BT 305.78 421.25 Td (for ) Tj ET Q q 0 0 0 rg BT 319.94 421.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 345.77 421.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 386.58 421.25 Td (at ) Tj ET Q q 0 0 0 rg BT 396.30 421.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 412.68 421.25 Td (value ) Tj ET Q q 0 0 0 rg BT 436.83 421.25 Td (on ) Tj ET Q q 0 0 0 rg BT 449.33 421.25 Td (a ) Tj ET Q q 0 0 0 rg BT 456.27 421.25 Td (recurring ) Tj ET Q q 0 0 0 rg BT 495.42 421.25 Td (basis:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 75.26 404.25 Td (1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (Equities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.10 387.25 Td ( ) Tj ET Q q 0 0 0 rg BT 88.93 387.25 Td ( ) Tj ET Q q 0 0 0 rg BT 91.76 387.25 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 138.48 387.25 Td (of ) Tj ET Q q 0 0 0 rg BT 149.64 387.25 Td (publicly-traded ) Tj ET Q q 0 0 0 rg BT 213.56 387.25 Td (common ) Tj ET Q q 0 0 0 rg BT 251.38 387.25 Td (stocks. ) Tj ET Q q 0 0 0 rg BT 281.71 387.25 Td ( ) Tj ET Q q 0 0 0 rg BT 284.34 387.25 Td (V) Tj ET Q q 0 0 0 rg BT 290.45 387.25 Td (aluation ) Tj ET Q q 0 0 0 rg BT 325.49 387.25 Td (is ) Tj ET Q q 0 0 0 rg BT 334.99 387.25 Td (based ) Tj ET Q q 0 0 0 rg BT 360.59 387.25 Td (on ) Tj ET Q q 0 0 0 rg BT 373.42 387.25 Td (unadjusted ) Tj ET Q q 0 0 0 rg BT 419.57 387.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 449.62 387.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 476.33 387.25 Td (for ) Tj ET Q q 0 0 0 rg BT 490.82 387.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 528.07 387.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 554.23 387.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.25 Td (active ) Tj ET Q q 0 0 0 rg BT 76.37 375.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 110.53 375.25 Td (that ) Tj ET Q q 0 0 0 rg BT 127.47 375.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 151.08 375.25 Td (can ) Tj ET Q q 0 0 0 rg BT 167.46 375.25 Td (access.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (Fixed ) Tj ET Q q 0 0 0 rg BT 75.42 358.25 Td (Income: ) Tj ET Q q 0 0 0 rg BT 110.83 358.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.48 358.25 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 160.02 358.25 Td (of ) Tj ET Q q 0 0 0 rg BT 171.00 358.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 200.86 358.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 221.10 358.25 Td (T) Tj ET Q q 0 0 0 rg BT 226.86 358.25 Td (reasury ) Tj ET Q q 0 0 0 rg BT 258.94 358.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 282.14 358.25 Td (income ) Tj ET Q q 0 0 0 rg BT 314.23 358.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 357.14 358.25 Td ( ) Tj ET Q q 0 0 0 rg BT 359.60 358.25 Td (V) Tj ET Q q 0 0 0 rg BT 365.72 358.25 Td (aluation ) Tj ET Q q 0 0 0 rg BT 400.58 358.25 Td (is ) Tj ET Q q 0 0 0 rg BT 409.91 358.25 Td (based ) Tj ET Q q 0 0 0 rg BT 435.33 358.25 Td (on ) Tj ET Q q 0 0 0 rg BT 447.98 358.25 Td (unadjusted ) Tj ET Q q 0 0 0 rg BT 493.96 358.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 523.83 358.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 550.36 358.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 86.93 346.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 112.76 346.25 Td (in ) Tj ET Q q 0 0 0 rg BT 123.04 346.25 Td (active ) Tj ET Q q 0 0 0 rg BT 149.41 346.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 183.56 346.25 Td (that ) Tj ET Q q 0 0 0 rg BT 200.51 346.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 224.12 346.25 Td (can ) Tj ET Q q 0 0 0 rg BT 240.49 346.25 Td (access. ) Tj ET Q q 0 0 0 rg BT 271.03 346.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.25 Td (Level ) Tj ET Q q 0 0 0 rg BT 75.26 329.25 Td (2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 312.25 Td (States, ) Tj ET Q q 0 0 0 rg BT 77.70 312.25 Td (Municipalities ) Tj ET Q q 0 0 0 rg BT 136.79 312.25 Td (and ) Tj ET Q q 0 0 0 rg BT 153.11 312.25 Td (Political ) Tj ET Q q 0 0 0 rg BT 188.86 312.25 Td (Subdivisions:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.75 312.25 Td ( ) Tj ET Q q 0 0 0 rg BT 244.07 312.25 Td ( ) Tj ET Q q 0 0 0 rg BT 245.38 312.25 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 290.59 312.25 Td (of ) Tj ET Q q 0 0 0 rg BT 300.24 312.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 319.34 312.25 Td (States, ) Tj ET Q q 0 0 0 rg BT 346.95 312.25 Td (T) Tj ET Q q 0 0 0 rg BT 352.36 312.25 Td (erritories ) Tj ET Q q 0 0 0 rg BT 389.77 312.25 Td (and ) Tj ET Q q 0 0 0 rg BT 405.52 312.25 Td (Possessions, ) Tj ET Q q 0 0 0 rg BT 456.58 312.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 475.68 312.25 Td (Political ) Tj ET Q q 0 0 0 rg BT 510.32 312.25 Td (Subdivisions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.79 300.25 Td (States, ) Tj ET Q q 0 0 0 rg BT 91.38 300.25 Td (T) Tj ET Q q 0 0 0 rg BT 96.79 300.25 Td (erritories ) Tj ET Q q 0 0 0 rg BT 136.34 300.25 Td (and ) Tj ET Q q 0 0 0 rg BT 154.24 300.25 Td (Possessions, ) Tj ET Q q 0 0 0 rg BT 207.43 300.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 228.67 300.25 Td (Special ) Tj ET Q q 0 0 0 rg BT 261.56 300.25 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 300.00 300.25 Td (and ) Tj ET Q q 0 0 0 rg BT 317.90 300.25 Td (Special ) Tj ET Q q 0 0 0 rg BT 350.03 300.25 Td (Assessment ) Tj ET Q q 0 0 0 rg BT 400.71 300.25 Td (Obligations. ) Tj ET Q q 0 0 0 rg BT 453.33 300.25 Td ( ) Tj ET Q q 0 0 0 rg BT 456.53 300.25 Td (The ) Tj ET Q q 0 0 0 rg BT 475.54 300.25 Td (primary ) Tj ET Q q 0 0 0 rg BT 510.65 300.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 538.56 300.25 Td (to ) Tj ET Q q 0 0 0 rg BT 549.79 300.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 89.66 288.25 Td (include ) Tj ET Q q 0 0 0 rg BT 121.55 288.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 151.22 288.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 177.54 288.25 Td (for ) Tj ET Q q 0 0 0 rg BT 191.66 288.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 228.54 288.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 254.32 288.25 Td (in ) Tj ET Q q 0 0 0 rg BT 264.55 288.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 298.65 288.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 332.75 288.25 Td (or ) Tj ET Q q 0 0 0 rg BT 343.54 288.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 373.76 288.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 399.54 288.25 Td (in ) Tj ET Q q 0 0 0 rg BT 409.77 288.25 Td (active ) Tj ET Q q 0 0 0 rg BT 436.09 288.25 Td (or ) Tj ET Q q 0 0 0 rg BT 446.88 288.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 480.98 288.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 517.58 288.25 Td (contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 70.27 276.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 97.49 276.25 Td (benchmark ) Tj ET Q q 0 0 0 rg BT 144.41 276.25 Td (yields ) Tj ET Q q 0 0 0 rg BT 170.80 276.25 Td (and ) Tj ET Q q 0 0 0 rg BT 187.74 276.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 213.00 276.25 Td (spreads.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 259.25 Td (Corporate ) Tj ET Q q 0 0 0 rg BT 94.47 259.25 Td (Bonds:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.80 259.25 Td ( ) Tj ET Q q 0 0 0 rg BT 125.60 259.25 Td ( ) Tj ET Q q 0 0 0 rg BT 128.41 259.25 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 175.09 259.25 Td (of ) Tj ET Q q 0 0 0 rg BT 186.23 259.25 Td (investment-grade ) Tj ET Q q 0 0 0 rg BT 258.45 259.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 281.79 259.25 Td (income ) Tj ET Q q 0 0 0 rg BT 314.03 259.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 356.89 259.25 Td (The ) Tj ET Q q 0 0 0 rg BT 375.24 259.25 Td (primary ) Tj ET Q q 0 0 0 rg BT 409.70 259.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 436.95 259.25 Td (to ) Tj ET Q q 0 0 0 rg BT 447.53 259.25 Td (the ) Tj ET Q q 0 0 0 rg BT 462.55 259.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 502.56 259.25 Td (include ) Tj ET Q q 0 0 0 rg BT 534.80 259.25 Td (quoted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 76.71 247.25 Td (for ) Tj ET Q q 0 0 0 rg BT 91.21 247.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 128.48 247.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 154.64 247.25 Td (in ) Tj ET Q q 0 0 0 rg BT 165.26 247.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 199.75 247.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 234.24 247.25 Td (or ) Tj ET Q q 0 0 0 rg BT 245.41 247.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 276.02 247.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 302.18 247.25 Td (in ) Tj ET Q q 0 0 0 rg BT 312.80 247.25 Td (active ) Tj ET Q q 0 0 0 rg BT 339.51 247.25 Td (or ) Tj ET Q q 0 0 0 rg BT 350.67 247.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 385.16 247.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 422.15 247.25 Td (contractual ) Tj ET Q q 0 0 0 rg BT 469.41 247.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 490.01 247.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 517.57 247.25 Td (benchmark ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.25 Td (yields ) Tj ET Q q 0 0 0 rg BT 76.39 235.25 Td (and ) Tj ET Q q 0 0 0 rg BT 93.33 235.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 118.59 235.25 Td (spreads. ) Tj ET Q q 0 0 0 rg BT 153.58 235.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (Mortgage-backed ) Tj ET Q q 0 0 0 rg BT 124.38 218.25 Td (and ) Tj ET Q q 0 0 0 rg BT 142.67 218.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 169.29 218.25 Td (asset-backed:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.27 218.25 Td ( ) Tj ET Q q 0 0 0 rg BT 227.56 218.25 Td ( ) Tj ET Q q 0 0 0 rg BT 230.85 218.25 Td (Comprised ) Tj ET Q q 0 0 0 rg BT 278.03 218.25 Td (of ) Tj ET Q q 0 0 0 rg BT 289.65 218.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 330.71 218.25 Td (that ) Tj ET Q q 0 0 0 rg BT 349.00 218.25 Td (are ) Tj ET Q q 0 0 0 rg BT 364.50 218.25 Td (collateralized ) Tj ET Q q 0 0 0 rg BT 421.64 218.25 Td (by ) Tj ET Q q 0 0 0 rg BT 434.93 218.25 Td (mortgage ) Tj ET Q q 0 0 0 rg BT 475.99 218.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 523.73 218.25 Td (and ) Tj ET Q q 0 0 0 rg BT 541.46 218.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (assets. ) Tj ET Q q 0 0 0 rg BT 77.99 206.25 Td ( ) Tj ET Q q 0 0 0 rg BT 80.00 206.25 Td (The ) Tj ET Q q 0 0 0 rg BT 97.70 206.25 Td (primary ) Tj ET Q q 0 0 0 rg BT 131.52 206.25 Td (inputs ) Tj ET Q q 0 0 0 rg BT 158.13 206.25 Td (to ) Tj ET Q q 0 0 0 rg BT 168.07 206.25 Td (the ) Tj ET Q q 0 0 0 rg BT 182.44 206.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 221.82 206.25 Td (include ) Tj ET Q q 0 0 0 rg BT 253.41 206.25 Td (quoted ) Tj ET Q q 0 0 0 rg BT 282.79 206.25 Td (prices ) Tj ET Q q 0 0 0 rg BT 308.83 206.25 Td (for ) Tj ET Q q 0 0 0 rg BT 322.65 206.25 Td (identical ) Tj ET Q q 0 0 0 rg BT 359.24 206.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 384.73 206.25 Td (in ) Tj ET Q q 0 0 0 rg BT 394.67 206.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 428.48 206.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 462.29 206.25 Td (or ) Tj ET Q q 0 0 0 rg BT 472.78 206.25 Td (similar ) Tj ET Q q 0 0 0 rg BT 502.72 206.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 528.21 206.25 Td (in ) Tj ET Q q 0 0 0 rg BT 538.15 206.25 Td (active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.83 194.25 Td (inactive ) Tj ET Q q 0 0 0 rg BT 94.98 194.25 Td (markets, ) Tj ET Q q 0 0 0 rg BT 131.64 194.25 Td (contractual ) Tj ET Q q 0 0 0 rg BT 178.55 194.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 198.82 194.25 Td (flows, ) Tj ET Q q 0 0 0 rg BT 226.04 194.25 Td (benchmark ) Tj ET Q q 0 0 0 rg BT 272.97 194.25 Td (yields, ) Tj ET Q q 0 0 0 rg BT 301.86 194.25 Td (collateral ) Tj ET Q q 0 0 0 rg BT 341.55 194.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 394.58 194.25 Td (and ) Tj ET Q q 0 0 0 rg BT 411.51 194.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 436.78 194.25 Td (spreads. ) Tj ET Q q 0 0 0 rg BT 471.77 194.25 Td ( ) Tj ET Q endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.91 742.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.16 742.10 Td (table ) Tj ET Q q 0 0 0 rg BT 130.96 742.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 180.57 742.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 204.26 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 206.63 742.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 256.77 742.10 Td (at ) Tj ET Q q 0 0 0 rg BT 266.35 742.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 282.59 742.10 Td (value ) Tj ET Q q 0 0 0 rg BT 306.61 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 317.31 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 742.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 371.46 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.46 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507.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 507.27 Td (22,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 492.27 Td (T) Tj ET Q q 0 0 0 rg BT 69.76 492.27 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 492.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 492.27 Td (49,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 492.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 492.27 Td (49,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 477.27 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 477.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 477.27 Td (12,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 477.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 477.27 Td (12,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 462.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 462.27 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 462.27 Td (20,469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.10 462.27 Td (128,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 462.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 462.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.10 462.27 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 447.27 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 447.27 Td (7,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 447.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 447.27 Td (7,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 432.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 432.27 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 432.27 Td (27,784) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.10 432.27 Td (128,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 432.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.10 432.27 Td (156,566) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 398.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 398.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 398.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 398.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 398.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 368.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 368.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 368.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 368.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 368.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 338.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 338.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 338.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 338.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 338.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 308.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 308.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 308.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 308.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 308.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 278.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 278.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 278.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 278.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 278.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 248.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 248.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 248.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 248.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 248.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 218.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 218.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 218.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 218.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 218.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 188.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 188.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 188.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 188.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 188.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 158.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 158.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 158.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 158.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 158.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 128.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 128.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 128.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 128.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 128.60 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 412.6 m 411.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 398.6 m 411.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 412.6 m 461.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 398.6 m 461.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 412.6 m 511.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 398.6 m 511.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 412.6 m 561.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 398.6 m 561.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 248.60000000000002 m 411.5 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 233.60000000000002 m 411.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 248.60000000000002 m 461.5 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 233.60000000000002 m 461.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 248.60000000000002 m 511.5 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 233.60000000000002 m 511.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 248.60000000000002 m 561.5 248.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 233.60000000000002 m 561.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 188.60000000000002 m 411.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 188.60000000000002 m 461.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 188.60000000000002 m 511.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 188.60000000000002 m 561.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 158.60000000000002 m 411.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 158.60000000000002 m 461.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 158.60000000000002 m 511.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 158.60000000000002 m 561.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 128.60000000000002 m 411.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 114.60000000000002 m 411.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 112.60000000000002 m 411.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 128.60000000000002 m 461.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 114.60000000000002 m 461.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 112.60000000000002 m 461.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 128.60000000000002 m 511.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 114.60000000000002 m 511.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 112.60000000000002 m 511.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 128.60000000000002 m 561.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 114.60000000000002 m 561.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 112.60000000000002 m 561.5 112.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 403.28 Td (As of December) Tj ET Q q 0 0 0 rg BT 119.57 403.28 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.55 403.28 Td (Level 1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.55 403.28 Td (Level 2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.55 403.28 Td (Level 3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 525.05 403.28 Td (T) Tj ET Q q 0 0 0 rg BT 530.80 403.28 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 388.27 Td (Fixed Income Securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 373.27 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 84.19 373.27 Td (T) Tj ET Q q 0 0 0 rg BT 90.04 373.27 Td (reasury and other U.S. government obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 373.27 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 373.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 373.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 373.27 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 358.27 Td (States, municipalities and political subdivisions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 358.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 358.27 Td (13,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 358.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 358.27 Td (13,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 343.27 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 328.27 Td (Banking/financial services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 328.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 328.27 Td (21,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 328.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 328.27 Td (21,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 313.27 Td (Consumer goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 313.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 313.27 Td (9,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 313.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 313.27 Td (9,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 298.27 Td (Capital goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 298.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 298.27 Td (7,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 298.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 298.27 Td (7,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 283.27 Td (Ener) Tj ET Q q 0 0 0 rg BT 94.79 283.27 Td (gy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 283.27 Td (7,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 283.27 Td (7,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 268.27 Td (T) Tj ET Q q 0 0 0 rg BT 81.76 268.27 Td (elecommunications/utilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 268.27 Td (1) Tj ET Q q 0 0 0 rg BT 435.15 268.27 Td (1,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 268.27 Td (1) Tj ET Q q 0 0 0 rg BT 535.15 268.27 Td (1,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 253.27 Td (Health care) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 253.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 253.27 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 253.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 253.27 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 238.27 Td (T) Tj ET Q q 0 0 0 rg BT 69.76 238.27 Td (otal Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 238.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 238.27 Td (58,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 238.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 238.27 Td (58,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 223.27 Td (Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 208.27 Td (Mortgage backed - agency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 208.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 208.27 Td (30,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 208.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 208.27 Td (30,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 193.27 Td (Mortgage backed - commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 193.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 193.27 Td (22,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 193.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 193.27 Td (22,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 178.27 Td (T) Tj ET Q q 0 0 0 rg BT 69.76 178.27 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 178.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 178.27 Td (53,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 178.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 178.27 Td (53,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 163.27 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 163.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 163.27 Td (1) Tj ET Q q 0 0 0 rg BT 435.15 163.27 Td (1,513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 163.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 163.27 Td (1) Tj ET Q q 0 0 0 rg BT 535.15 163.27 Td (1,513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 148.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 148.27 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 148.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 148.27 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 148.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.10 148.27 Td (136,798) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 148.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 148.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 148.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.10 148.27 Td (157,984) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 133.27 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 133.27 Td (8,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 133.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 133.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 133.27 Td (8,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 118.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 118.27 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 118.27 Td (29,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.10 118.27 Td (136,798) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 118.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.10 118.27 Td (166,430) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.43 97.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 112.97 97.10 Td (uses ) Tj ET Q q 0 0 0 rg BT 132.51 97.10 Td (the ) Tj ET Q q 0 0 0 rg BT 147.06 97.10 Td (services ) Tj ET Q q 0 0 0 rg BT 181.59 97.10 Td (of ) Tj ET Q q 0 0 0 rg BT 192.24 97.10 Td (external ) Tj ET Q q 0 0 0 rg BT 226.77 97.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 266.86 97.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 297.50 97.10 Td (vendors ) Tj ET Q q 0 0 0 rg BT 331.49 97.10 Td (to ) Tj ET Q q 0 0 0 rg BT 341.59 97.10 Td (obtain ) Tj ET Q q 0 0 0 rg BT 368.91 97.10 Td (these ) Tj ET Q q 0 0 0 rg BT 391.78 97.10 Td (values. ) Tj ET Q q 0 0 0 rg BT 421.64 97.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 445.07 97.10 Td (then ) Tj ET Q q 0 0 0 rg BT 464.61 97.10 Td (reviews ) Tj ET Q q 0 0 0 rg BT 498.04 97.10 Td (these ) Tj ET Q q 0 0 0 rg BT 520.91 97.10 Td (valuations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.10 Td (to ) Tj ET Q q 0 0 0 rg BT 61.65 85.10 Td (ensure ) Tj ET Q q 0 0 0 rg BT 91.62 85.10 Td (that ) Tj ET Q q 0 0 0 rg BT 110.49 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.58 85.10 Td (values ) Tj ET Q q 0 0 0 rg BT 156.00 85.10 Td (are ) Tj ET Q q 0 0 0 rg BT 172.08 85.10 Td (accurately ) Tj ET Q q 0 0 0 rg BT 217.03 85.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 255.88 85.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.19 85.10 Td (that ) Tj ET Q q 0 0 0 rg BT 293.06 85.10 Td (the ) Tj ET Q q 0 0 0 rg BT 309.15 85.10 Td (data ) Tj ET Q q 0 0 0 rg BT 329.67 85.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 357.99 85.10 Td (and ) Tj ET Q q 0 0 0 rg BT 376.31 85.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 417.39 85.10 Td (techniques ) Tj ET Q q 0 0 0 rg BT 464.03 85.10 Td (utilized ) Tj ET Q q 0 0 0 rg BT 497.89 85.10 Td (are ) Tj ET Q q 0 0 0 rg BT 513.97 85.10 Td (appropriate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (consistently ) Tj ET Q q 0 0 0 rg BT 100.27 73.10 Td (applied, ) Tj ET Q q 0 0 0 rg BT 134.71 73.10 Td (and ) Tj ET Q q 0 0 0 rg BT 151.65 73.10 Td (that ) Tj ET Q q 0 0 0 rg BT 169.14 73.10 Td (the ) Tj ET Q q 0 0 0 rg BT 183.86 73.10 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 235.81 73.10 Td (are ) Tj ET Q q 0 0 0 rg BT 250.51 73.10 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 295.77 73.10 Td (and ) Tj ET Q q 0 0 0 rg BT 312.71 73.10 Td (consistent ) Tj ET Q q 0 0 0 rg BT 355.20 73.10 Td (with ) Tj ET Q q 0 0 0 rg BT 375.48 73.10 Td (the ) Tj ET Q q 0 0 0 rg BT 390.20 73.10 Td (objective ) Tj ET Q q 0 0 0 rg BT 429.35 73.10 Td (of ) Tj ET Q q 0 0 0 rg BT 440.18 73.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 491.00 73.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 507.37 73.10 Td (value.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Though ) Tj ET Q q 0 0 0 rg BT 82.23 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 104.77 742.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 138.96 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 152.61 742.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 191.26 742.10 Td (methods ) Tj ET Q q 0 0 0 rg BT 226.58 742.10 Td (used ) Tj ET Q q 0 0 0 rg BT 246.34 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 255.55 742.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 305.31 742.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 320.62 742.10 Td (value ) Tj ET Q q 0 0 0 rg BT 343.70 742.10 Td (are ) Tj ET Q q 0 0 0 rg BT 357.34 742.10 Td (appropriate, ) Tj ET Q q 0 0 0 rg BT 406.81 742.10 Td (dif) Tj ET Q q 0 0 0 rg BT 417.74 742.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 442.49 742.10 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 502.80 742.10 Td (or ) Tj ET Q q 0 0 0 rg BT 512.56 742.10 Td (assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (could ) Tj ET Q q 0 0 0 rg BT 74.64 730.10 Td (result ) Tj ET Q q 0 0 0 rg BT 99.29 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 109.49 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 116.36 730.10 Td (dif) Tj ET Q q 0 0 0 rg BT 127.29 730.10 Td (ferent ) Tj ET Q q 0 0 0 rg BT 153.03 730.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 169.33 730.10 Td (value ) Tj ET Q q 0 0 0 rg BT 193.41 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 204.17 730.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.93 730.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 258.45 730.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.45 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 283.38 730.10 Td (Management ) Tj ET Q q 0 0 0 rg BT 338.01 730.10 Td (does ) Tj ET Q q 0 0 0 rg BT 358.76 730.10 Td (not ) Tj ET Q q 0 0 0 rg BT 373.97 730.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 405.27 730.10 Td (that ) Tj ET Q q 0 0 0 rg BT 422.69 730.10 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 467.87 730.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 502.50 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 512.71 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 527.35 730.10 Td (inputs ) Tj ET Q q 0 0 0 rg BT 554.23 730.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.95 718.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 101.66 718.10 Td (methodology ) Tj ET Q q 0 0 0 rg BT 156.93 718.10 Td (would ) Tj ET Q q 0 0 0 rg BT 184.43 718.10 Td (result ) Tj ET Q q 0 0 0 rg BT 209.15 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 219.43 718.10 Td (a ) Tj ET Q q 0 0 0 rg BT 226.37 718.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 278.86 718.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 306.90 718.10 Td (or ) Tj ET Q q 0 0 0 rg BT 317.73 718.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 343.00 718.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 359.38 718.10 Td (value ) Tj ET Q q 0 0 0 rg BT 383.54 718.10 Td (measurement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.03 701.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 109.39 701.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.31 701.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.31 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 138.79 701.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 155.15 701.10 Td (value ) Tj ET Q q 0 0 0 rg BT 179.28 701.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 229.53 701.10 Td (classified ) Tj ET Q q 0 0 0 rg BT 269.78 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 280.59 701.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 305.83 701.10 Td (3 ) Tj ET Q q 0 0 0 rg BT 313.31 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 324.12 701.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.93 701.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 378.51 701.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.51 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 400.99 701.10 Td (or ) Tj ET Q q 0 0 0 rg BT 411.80 701.10 Td (as ) Tj ET Q q 0 0 0 rg BT 422.61 701.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.42 701.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 491.98 701.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.98 701.10 Td (. ) Tj ET Q q 0 0 0 rg BT 516.78 701.10 Td (There ) Tj ET Q q 0 0 0 rg BT 542.57 701.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 62.50 689.10 Td (transfers ) Tj ET Q q 0 0 0 rg BT 99.43 689.10 Td (in ) Tj ET Q q 0 0 0 rg BT 109.71 689.10 Td (or ) Tj ET Q q 0 0 0 rg BT 120.54 689.10 Td (out ) Tj ET Q q 0 0 0 rg BT 135.82 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 146.65 689.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 171.91 689.10 Td (2 ) Tj ET Q q 0 0 0 rg BT 179.41 689.10 Td (or ) Tj ET Q q 0 0 0 rg BT 190.24 689.10 Td (Level ) Tj ET Q q 0 0 0 rg BT 215.50 689.10 Td (3 ) Tj ET Q q 0 0 0 rg BT 223.00 689.10 Td (during ) Tj ET Q q 0 0 0 rg BT 251.61 689.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.33 689.10 Td (three ) Tj ET Q q 0 0 0 rg BT 288.81 689.10 Td (month ) Tj ET Q q 0 0 0 rg BT 316.87 689.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 348.81 689.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 375.19 689.10 Td (March ) Tj ET Q q 0 0 0 rg BT 403.78 689.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 418.78 689.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 441.28 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 458.22 689.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.22 689.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 667.10 Td (7. INCOME ) Tj ET Q q 0 0 0 rg BT 122.04 667.10 Td (T) Tj ET Q q 0 0 0 rg BT 127.97 667.10 Td (AXES ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 650.10 Td (On ) Tj ET Q q 0 0 0 rg BT 64.25 650.10 Td (December ) Tj ET Q q 0 0 0 rg BT 107.86 650.10 Td (22, ) Tj ET Q q 0 0 0 rg BT 122.89 650.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 147.92 650.10 Td (the ) Tj ET Q q 0 0 0 rg BT 162.48 650.10 Td (T) Tj ET Q q 0 0 0 rg BT 167.89 650.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 179.86 650.10 Td (Cuts ) Tj ET Q q 0 0 0 rg BT 200.73 650.10 Td (and ) Tj ET Q q 0 0 0 rg BT 217.69 650.10 Td (Jobs ) Tj ET Q q 0 0 0 rg BT 237.45 650.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 254.41 650.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.27 650.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 287.80 650.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 305.88 650.10 Td (T) Tj ET Q q 0 0 0 rg BT 315.72 650.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 327.13 650.10 Td (Act\) ) Tj ET Q q 0 0 0 rg BT 351.87 650.10 Td (was ) Tj ET Q q 0 0 0 rg BT 369.95 650.10 Td (signed ) Tj ET Q q 0 0 0 rg BT 398.58 650.10 Td (into ) Tj ET Q q 0 0 0 rg BT 416.67 650.10 Td (law) Tj ET Q q 0 0 0 rg BT 430.46 650.10 Td (. ) Tj ET Q q 0 0 0 rg BT 437.43 650.10 Td (Among ) Tj ET Q q 0 0 0 rg BT 469.96 650.10 Td (other ) Tj ET Q q 0 0 0 rg BT 493.03 650.10 Td (things, ) Tj ET Q q 0 0 0 rg BT 522.51 650.10 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 638.10 Td (with ) Tj ET Q q 0 0 0 rg BT 69.83 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 84.61 638.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 107.16 638.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 121.94 638.10 Td (year) Tj ET Q q 0 0 0 rg BT 138.74 638.10 Td (, ) Tj ET Q q 0 0 0 rg BT 143.80 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.39 638.10 Td (T) Tj ET Q q 0 0 0 rg BT 163.80 638.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 175.23 638.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 192.22 638.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 226.42 638.10 Td (the ) Tj ET Q q 0 0 0 rg BT 241.20 638.10 Td (Company) Tj ET Q q 0 0 0 rg BT 282.86 638.10 Td (s ) Tj ET Q q 0 0 0 rg BT 289.31 638.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 329.62 638.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 359.93 638.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 374.70 638.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 392.25 638.10 Td (from ) Tj ET Q q 0 0 0 rg BT 414.24 638.10 Td (a ) Tj ET Q q 0 0 0 rg BT 421.23 638.10 Td (mar) Tj ET Q q 0 0 0 rg BT 436.60 638.10 Td (ginal ) Tj ET Q q 0 0 0 rg BT 459.15 638.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 476.69 638.10 Td (of ) Tj ET Q q 0 0 0 rg BT 487.58 638.10 Td (35% ) Tj ET Q q 0 0 0 rg BT 508.47 638.10 Td (to ) Tj ET Q q 0 0 0 rg BT 518.80 638.10 Td (a ) Tj ET Q q 0 0 0 rg BT 525.79 638.10 Td (flat ) Tj ET Q q 0 0 0 rg BT 541.68 638.10 Td (21%, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 626.10 Td (eliminated ) Tj ET Q q 0 0 0 rg BT 94.17 626.10 Td (the ) Tj ET Q q 0 0 0 rg BT 108.84 626.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 148.51 626.10 Td (Alternative ) Tj ET Q q 0 0 0 rg BT 195.95 626.10 Td (Minimum ) Tj ET Q q 0 0 0 rg BT 238.24 626.10 Td (T) Tj ET Q q 0 0 0 rg BT 243.65 626.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 255.54 626.10 Td (\(AMT\), ) Tj ET Q q 0 0 0 rg BT 298.26 626.10 Td (changed ) Tj ET Q q 0 0 0 rg BT 334.03 626.10 Td (reserving ) Tj ET Q q 0 0 0 rg BT 373.70 626.10 Td (and ) Tj ET Q q 0 0 0 rg BT 390.60 626.10 Td (other ) Tj ET Q q 0 0 0 rg BT 413.60 626.10 Td (aspects ) Tj ET Q q 0 0 0 rg BT 444.94 626.10 Td (of ) Tj ET Q q 0 0 0 rg BT 455.73 626.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.40 626.10 Td (computation ) Tj ET Q q 0 0 0 rg BT 522.85 626.10 Td (of ) Tj ET Q q 0 0 0 rg BT 533.64 626.10 Td (taxable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 614.10 Td (income ) Tj ET Q q 0 0 0 rg BT 81.26 614.10 Td (for ) Tj ET Q q 0 0 0 rg BT 95.24 614.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 135.87 614.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 183.46 614.10 Td (and ) Tj ET Q q 0 0 0 rg BT 200.22 614.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 238.65 614.10 Td (the ) Tj ET Q q 0 0 0 rg BT 253.18 614.10 Td (net ) Tj ET Q q 0 0 0 rg BT 267.72 614.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 307.81 614.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 325.69 614.10 Td (carryback ) Tj ET Q q 0 0 0 rg BT 367.43 614.10 Td (and ) Tj ET Q q 0 0 0 rg BT 384.19 614.10 Td (carryforward ) Tj ET Q q 0 0 0 rg BT 438.70 614.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 482.69 614.10 Td (for ) Tj ET Q q 0 0 0 rg BT 496.67 614.10 Td (all ) Tj ET Q q 0 0 0 rg BT 508.99 614.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 540.19 614.10 Td (in ) Tj ET Q q 0 0 0 rg BT 550.29 614.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 602.10 Td (group ) Tj ET Q q 0 0 0 rg BT 75.65 602.10 Td (except ) Tj ET Q q 0 0 0 rg BT 104.57 602.10 Td (for ) Tj ET Q q 0 0 0 rg BT 119.05 602.10 Td (those ) Tj ET Q q 0 0 0 rg BT 142.98 602.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 174.13 602.10 Td (to ) Tj ET Q q 0 0 0 rg BT 184.73 602.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 199.77 602.10 Td (as ) Tj ET Q q 0 0 0 rg BT 210.92 602.10 Td (property ) Tj ET Q q 0 0 0 rg BT 247.62 602.10 Td (and ) Tj ET Q q 0 0 0 rg BT 264.88 602.10 Td (casualty ) Tj ET Q q 0 0 0 rg BT 300.47 602.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 348.35 602.10 Td (The ) Tj ET Q q 0 0 0 rg BT 366.72 602.10 Td (modified ) Tj ET Q q 0 0 0 rg BT 405.64 602.10 Td (net ) Tj ET Q q 0 0 0 rg BT 420.68 602.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 461.27 602.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 479.65 602.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 524.14 602.10 Td (no ) Tj ET Q q 0 0 0 rg BT 536.97 602.10 Td (longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 590.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 73.52 590.10 Td (a ) Tj ET Q q 0 0 0 rg BT 79.77 590.10 Td (carryback ) Tj ET Q q 0 0 0 rg BT 120.99 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 130.57 590.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 151.82 590.10 Td (years ) Tj ET Q q 0 0 0 rg BT 174.72 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 184.31 590.10 Td (recover ) Tj ET Q q 0 0 0 rg BT 216.09 590.10 Td (past ) Tj ET Q q 0 0 0 rg BT 234.01 590.10 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 258.86 590.10 Td (but ) Tj ET Q q 0 0 0 rg BT 273.45 590.10 Td (now ) Tj ET Q q 0 0 0 rg BT 292.47 590.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 316.50 590.10 Td (an ) Tj ET Q q 0 0 0 rg BT 327.74 590.10 Td (indefinite ) Tj ET Q q 0 0 0 rg BT 367.87 590.10 Td (carryforward ) Tj ET Q q 0 0 0 rg BT 421.86 590.10 Td (period ) Tj ET Q q 0 0 0 rg BT 449.22 590.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 479.35 590.10 Td (to ) Tj ET Q q 0 0 0 rg BT 488.93 590.10 Td (a ) Tj ET Q q 0 0 0 rg BT 495.18 590.10 Td (yearly ) Tj ET Q q 0 0 0 rg BT 521.97 590.10 Td (utilization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 578.10 Td (limit. ) Tj ET Q q 0 0 0 rg BT 72.57 578.10 Td (As ) Tj ET Q q 0 0 0 rg BT 85.83 578.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 126.31 578.10 Td (above, ) Tj ET Q q 0 0 0 rg BT 154.84 578.10 Td (any ) Tj ET Q q 0 0 0 rg BT 171.43 578.10 Td (net ) Tj ET Q q 0 0 0 rg BT 185.79 578.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 225.71 578.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 251.75 578.10 Td (with ) Tj ET Q q 0 0 0 rg BT 271.68 578.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 302.14 578.10 Td (to ) Tj ET Q q 0 0 0 rg BT 312.07 578.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.44 578.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 366.90 578.10 Td (entities ) Tj ET Q q 0 0 0 rg BT 397.93 578.10 Td (taxed ) Tj ET Q q 0 0 0 rg BT 421.74 578.10 Td (as ) Tj ET Q q 0 0 0 rg BT 432.22 578.10 Td (property ) Tj ET Q q 0 0 0 rg BT 468.24 578.10 Td (and ) Tj ET Q q 0 0 0 rg BT 484.83 578.10 Td (casualty ) Tj ET Q q 0 0 0 rg BT 519.75 578.10 Td (companies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 566.10 Td (retain ) Tj ET Q q 0 0 0 rg BT 74.23 566.10 Td (the ) Tj ET Q q 0 0 0 rg BT 88.42 566.10 Td (current ) Tj ET Q q 0 0 0 rg BT 118.71 566.10 Td (net ) Tj ET Q q 0 0 0 rg BT 132.89 566.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 172.63 566.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 190.16 566.10 Td (carryback ) Tj ET Q q 0 0 0 rg BT 231.54 566.10 Td (and ) Tj ET Q q 0 0 0 rg BT 247.95 566.10 Td (carryover ) Tj ET Q q 0 0 0 rg BT 288.23 566.10 Td (provisions, ) Tj ET Q q 0 0 0 rg BT 334.37 566.10 Td (which ) Tj ET Q q 0 0 0 rg BT 360.78 566.10 Td (are ) Tj ET Q q 0 0 0 rg BT 374.95 566.10 Td (two ) Tj ET Q q 0 0 0 rg BT 391.92 566.10 Td (years ) Tj ET Q q 0 0 0 rg BT 414.99 566.10 Td (carryback ) Tj ET Q q 0 0 0 rg BT 456.38 566.10 Td (and ) Tj ET Q q 0 0 0 rg BT 472.79 566.10 Td (20 ) Tj ET Q q 0 0 0 rg BT 484.76 566.10 Td (years ) Tj ET Q q 0 0 0 rg BT 507.83 566.10 Td (carryforward. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 554.10 Td (As ) Tj ET Q q 0 0 0 rg BT 62.90 554.10 Td (of ) Tj ET Q q 0 0 0 rg BT 73.51 554.10 Td (December ) Tj ET Q q 0 0 0 rg BT 116.88 554.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 131.66 554.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 156.45 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 170.95 554.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 212.12 554.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 252.72 554.10 Td (its ) Tj ET Q q 0 0 0 rg BT 264.45 554.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 300.04 554.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 314.54 554.10 Td (items ) Tj ET Q q 0 0 0 rg BT 338.49 554.10 Td (at ) Tj ET Q q 0 0 0 rg BT 347.99 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.49 554.10 Td (enacted ) Tj ET Q q 0 0 0 rg BT 395.31 554.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 412.58 554.10 Td (in ) Tj ET Q q 0 0 0 rg BT 422.64 554.10 Td (ef) Tj ET Q q 0 0 0 rg BT 430.23 554.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 447.50 554.10 Td (of ) Tj ET Q q 0 0 0 rg BT 458.11 554.10 Td (35%.Due ) Tj ET Q q 0 0 0 rg BT 500.39 554.10 Td (to ) Tj ET Q q 0 0 0 rg BT 510.45 554.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.79 554.10 Td (T) Tj ET Q q 0 0 0 rg BT 530.20 554.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 541.42 554.10 Td (Act) Tj ET Q q 0 0 0 rg BT 558.63 554.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 542.10 Td (enactment, ) Tj ET Q q 0 0 0 rg BT 95.57 542.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.26 542.10 Td (Company) Tj ET Q q 0 0 0 rg BT 151.93 542.10 Td (s ) Tj ET Q q 0 0 0 rg BT 158.30 542.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 194.09 542.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 208.78 542.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 234.59 542.10 Td (and ) Tj ET Q q 0 0 0 rg BT 251.51 542.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 291.21 542.10 Td (as ) Tj ET Q q 0 0 0 rg BT 302.02 542.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.83 542.10 Td (December ) Tj ET Q q 0 0 0 rg BT 356.39 542.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 371.37 542.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 393.85 542.10 Td (have ) Tj ET Q q 0 0 0 rg BT 415.20 542.10 Td (been ) Tj ET Q q 0 0 0 rg BT 436.56 542.10 Td (re-measured ) Tj ET Q q 0 0 0 rg BT 488.45 542.10 Td (at ) Tj ET Q q 0 0 0 rg BT 498.15 542.10 Td (the ) Tj ET Q q 0 0 0 rg BT 512.85 542.10 Td (new ) Tj ET Q q 0 0 0 rg BT 531.99 542.10 Td (enacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 530.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 64.34 530.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 81.95 530.10 Td (of ) Tj ET Q q 0 0 0 rg BT 92.91 530.10 Td (21%. ) Tj ET Q q 0 0 0 rg BT 118.86 530.10 Td (For ) Tj ET Q q 0 0 0 rg BT 135.38 530.10 Td (the ) Tj ET Q q 0 0 0 rg BT 150.22 530.10 Td (year ) Tj ET Q q 0 0 0 rg BT 170.05 530.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 196.55 530.10 Td (December ) Tj ET Q q 0 0 0 rg BT 240.26 530.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 255.38 530.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 280.51 530.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.35 530.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 336.86 530.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 383.35 530.10 Td (income ) Tj ET Q q 0 0 0 rg BT 415.41 530.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 430.25 530.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 465.08 530.10 Td (of ) Tj ET Q q 0 0 0 rg BT 476.03 530.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.66 530.10 Td ($10.5 ) Tj ET Q q 0 0 0 rg BT 503.78 530.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.67 530.10 Td ( ) Tj ET Q q 0 0 0 rg BT 535.30 530.10 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 518.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 518.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 100.04 518.10 Td (in ) Tj ET Q q 0 0 0 rg BT 110.32 518.10 Td (the ) Tj ET Q q 0 0 0 rg BT 125.04 518.10 Td (net ) Tj ET Q q 0 0 0 rg BT 139.75 518.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 175.56 518.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 190.28 518.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 212.21 518.10 Td (as ) Tj ET Q q 0 0 0 rg BT 223.04 518.10 Td (a ) Tj ET Q q 0 0 0 rg BT 229.98 518.10 Td (result ) Tj ET Q q 0 0 0 rg BT 254.70 518.10 Td (of ) Tj ET Q q 0 0 0 rg BT 265.53 518.10 Td (this ) Tj ET Q q 0 0 0 rg BT 282.48 518.10 Td (re-measurement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.20 501.10 Td ( ) Tj ET Q q 0 0 0 rg BT 75.44 501.10 Td (ef) Tj ET Q q 0 0 0 rg BT 83.03 501.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 112.48 501.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 126.94 501.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 144.17 501.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.97 501.10 Td (18.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.80 501.10 Td ( ) Tj ET Q q 0 0 0 rg BT 190.04 501.10 Td (for ) Tj ET Q q 0 0 0 rg BT 203.95 501.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.41 501.10 Td (three ) Tj ET Q q 0 0 0 rg BT 240.64 501.10 Td (month ) Tj ET Q q 0 0 0 rg BT 268.44 501.10 Td (period ) Tj ET Q q 0 0 0 rg BT 296.23 501.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 322.35 501.10 Td (March ) Tj ET Q q 0 0 0 rg BT 350.70 501.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 365.44 501.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.44 501.10 Td ( ) Tj ET Q q 0 0 0 rg BT 387.69 501.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.37 501.10 Td (35.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.20 501.10 Td ( ) Tj ET Q q 0 0 0 rg BT 432.45 501.10 Td (for ) Tj ET Q q 0 0 0 rg BT 446.35 501.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.81 501.10 Td (three ) Tj ET Q q 0 0 0 rg BT 483.04 501.10 Td (month ) Tj ET Q q 0 0 0 rg BT 510.85 501.10 Td (period ) Tj ET Q q 0 0 0 rg BT 538.64 501.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.10 Td (March ) Tj ET Q q 0 0 0 rg BT 78.10 489.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 93.10 489.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.10 489.10 Td (. ) Tj ET Q q 0 0 0 rg BT 117.92 489.10 Td (The ) Tj ET Q q 0 0 0 rg BT 135.96 489.10 Td (table ) Tj ET Q q 0 0 0 rg BT 157.90 489.10 Td (below ) Tj ET Q q 0 0 0 rg BT 184.84 489.10 Td (reconciles ) Tj ET Q q 0 0 0 rg BT 227.87 489.10 Td (the ) Tj ET Q q 0 0 0 rg BT 242.59 489.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 262.87 489.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 300.36 489.10 Td (mar) Tj ET Q q 0 0 0 rg BT 315.73 489.10 Td (ginal ) Tj ET Q q 0 0 0 rg BT 338.23 489.10 Td (income ) Tj ET Q q 0 0 0 rg BT 370.16 489.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 384.88 489.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 402.36 489.10 Td (to ) Tj ET Q q 0 0 0 rg BT 412.64 489.10 Td (the ) Tj ET Q q 0 0 0 rg BT 427.36 489.10 Td (ef) Tj ET Q q 0 0 0 rg BT 434.94 489.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 464.65 489.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 479.36 489.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 496.85 489.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 507.68 489.10 Td (in ) Tj ET Q q 0 0 0 rg BT 517.96 489.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 445.60 313.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.00 445.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 445.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 445.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 445.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 416.60 313.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.00 416.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 416.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 416.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 416.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 386.60 313.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.00 386.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 386.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 386.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 386.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 356.60 313.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.00 356.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 356.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 356.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 356.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 326.60 313.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.00 326.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 326.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 326.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 326.60 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 473.6 m 413 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 459.6 m 413 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 473.6 m 463 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 459.6 m 463 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 473.6 m 513 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 459.6 m 513 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 473.6 m 563 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 459.6 m 563 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 459.6 m 413 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 445.6 m 413 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 459.6 m 463 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 445.6 m 463 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 459.6 m 513 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 445.6 m 513 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 459.6 m 563 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 445.6 m 563 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 445.6 m 413 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 431.6 m 413 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 445.6 m 463 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 431.6 m 463 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 445.6 m 513 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 431.6 m 513 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 445.6 m 563 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 431.6 m 563 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 431.6 m 413 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 431.6 m 463 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 431.6 m 513 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 431.6 m 563 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 326.6 m 413 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 326.6 m 463 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 326.6 m 513 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 326.6 m 563 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 326.6 m 413 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 312.6 m 413 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 310.6 m 413 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 326.6 m 463 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 312.6 m 463 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 310.6 m 463 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 326.6 m 513 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 312.6 m 513 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 310.6 m 513 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 326.6 m 563 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 312.6 m 563 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 310.6 m 563 310.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.60 464.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 418.18 464.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.40 450.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 398.19 450.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.40 450.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 498.10 450.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.95 436.28 Td (Amount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.50 436.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.95 436.28 Td (Amount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.50 436.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 421.27 Td (Provision for taxes at U.S. statutory mar) Tj ET Q q 0 0 0 rg BT 213.50 421.27 Td (ginal income tax rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.50 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 421.27 Td (1,430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 421.27 Td (21.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 421.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 421.27 Td (2,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 421.27 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 421.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 406.27 Td (Nondeductible expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 406.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.25 406.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 406.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 406.27 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.25 406.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 406.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 391.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 391.27 Td (ax-exempt income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.80 391.32 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 391.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.95 391.27 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 391.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 391.32 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 391.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 391.27 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 391.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 376.27 Td (State tax \(net of federal benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.80 376.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 376.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.75 376.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 376.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 376.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 376.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.75 376.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 376.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 361.27 Td (Stock compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 361.32 Td (\(42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 361.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.95 361.27 Td (\(0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 361.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.75 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 361.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 346.27 Td (Nondeductible acquisition accounting adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.80 346.32 Td (\(109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 346.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.95 346.27 Td (\(1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 346.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.75 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 346.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 331.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.75 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 331.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.80 331.32 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 331.27 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.80 331.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 316.27 Td (Provision for income taxes for continuing operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 316.27 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 316.27 Td (18.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 316.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 316.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 316.27 Td (2,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.25 316.27 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 316.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 295.10 Td (Income tax expense consists of the following for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.39 295.10 Td (three month periods ended March 31, 2018 and 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.28 295.10 Td ( \($ in 000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 255.60 363.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 255.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 255.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 225.60 363.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 225.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 225.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 284.6 m 488 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 269.6 m 488 269.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 284.6 m 563 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 269.6 m 563 269.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 269.6 m 488 269.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 255.60000000000002 m 488 255.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 269.6 m 563 269.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 255.60000000000002 m 563 255.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 255.60000000000002 m 488 255.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 255.60000000000002 m 563 255.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 225.60000000000002 m 488 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 211.60000000000002 m 488 211.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 209.60000000000002 m 488 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 225.60000000000002 m 563 225.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 211.60000000000002 m 563 211.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 209.60000000000002 m 563 209.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.60 274.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 443.18 274.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.90 260.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.69 260.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.90 260.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 510.60 260.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 245.27 Td (Current tax \(benefit\) expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 245.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.80 245.32 Td (\(149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 245.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.50 245.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 245.27 Td (2,403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 230.27 Td (Deferred tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 230.27 Td (1,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 230.27 Td (210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 215.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 215.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 215.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 215.27 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.50 215.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 215.27 Td (2,613) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 194.10 Td (Upon ) Tj ET Q q 0 0 0 rg BT 73.85 194.10 Td (the ) Tj ET Q q 0 0 0 rg BT 88.19 194.10 Td (transaction ) Tj ET Q q 0 0 0 rg BT 134.19 194.10 Td (forming ) Tj ET Q q 0 0 0 rg BT 168.06 194.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 191.29 194.10 Td (on ) Tj ET Q q 0 0 0 rg BT 203.42 194.10 Td (December ) Tj ET Q q 0 0 0 rg BT 246.63 194.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 261.25 194.10 Td (2010, ) Tj ET Q q 0 0 0 rg BT 285.88 194.10 Td (a ) Tj ET Q q 0 0 0 rg BT 292.44 194.10 Td (yearly ) Tj ET Q q 0 0 0 rg BT 319.55 194.10 Td (limitation ) Tj ET Q q 0 0 0 rg BT 360.57 194.10 Td (as ) Tj ET Q q 0 0 0 rg BT 371.02 194.10 Td (required ) Tj ET Q q 0 0 0 rg BT 406.46 194.10 Td (by ) Tj ET Q q 0 0 0 rg BT 418.59 194.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 438.50 194.10 Td (Internal ) Tj ET Q q 0 0 0 rg BT 471.72 194.10 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 508.83 194.10 Td (Code ) Tj ET Q q 0 0 0 rg BT 532.06 194.10 Td (of ) Tj ET Q q 0 0 0 rg BT 542.52 194.10 Td (1986 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 182.10 Td (\(as ) Tj ET Q q 0 0 0 rg BT 64.99 182.10 Td (amended, ) Tj ET Q q 0 0 0 rg BT 107.41 182.10 Td (IRC\) ) Tj ET Q q 0 0 0 rg BT 140.12 182.10 Td (Section ) Tj ET Q q 0 0 0 rg BT 173.94 182.10 Td (382 ) Tj ET Q q 0 0 0 rg BT 192.77 182.10 Td (that ) Tj ET Q q 0 0 0 rg BT 211.60 182.10 Td (applies ) Tj ET Q q 0 0 0 rg BT 243.75 182.10 Td (to ) Tj ET Q q 0 0 0 rg BT 255.36 182.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 291.40 182.10 Td (in ) Tj ET Q q 0 0 0 rg BT 303.01 182.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 348.50 182.10 Td (on ) Tj ET Q q 0 0 0 rg BT 362.33 182.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.37 182.10 Td (future ) Tj ET Q q 0 0 0 rg BT 406.08 182.10 Td (utilization ) Tj ET Q q 0 0 0 rg BT 450.45 182.10 Td (of ) Tj ET Q q 0 0 0 rg BT 461.77 182.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 485.47 182.10 Td ( ) Tj ET Q q 0 0 0 rg BT 489.29 182.10 Td (net ) Tj ET Q q 0 0 0 rg BT 505.34 182.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 546.93 182.10 Td (loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 170.10 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 109.51 170.10 Td (was ) Tj ET Q q 0 0 0 rg BT 128.99 170.10 Td (calculated. ) Tj ET Q q 0 0 0 rg BT 175.66 170.10 Td (The ) Tj ET Q q 0 0 0 rg BT 195.13 170.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 237.93 170.10 Td (Subsidiaries) Tj ET Q q 0 0 0 rg BT 289.40 170.10 Td ( ) Tj ET Q q 0 0 0 rg BT 293.33 170.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 316.70 170.10 Td (parent ) Tj ET Q q 0 0 0 rg BT 345.61 170.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 381.74 170.10 Td (those ) Tj ET Q q 0 0 0 rg BT 406.78 170.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 422.92 170.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 450.18 170.10 Td (previously ) Tj ET Q q 0 0 0 rg BT 496.33 170.10 Td (attributed ) Tj ET Q q 0 0 0 rg BT 538.58 170.10 Td (to ) Tj ET Q q 0 0 0 rg BT 550.28 170.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 158.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 91.06 158.10 Td (Subsidiaries, ) Tj ET Q q 0 0 0 rg BT 145.14 158.10 Td (which ) Tj ET Q q 0 0 0 rg BT 172.28 158.10 Td (could ) Tj ET Q q 0 0 0 rg BT 197.19 158.10 Td (not ) Tj ET Q q 0 0 0 rg BT 212.66 158.10 Td (be ) Tj ET Q q 0 0 0 rg BT 224.79 158.10 Td (utilized ) Tj ET Q q 0 0 0 rg BT 257.48 158.10 Td (by ) Tj ET Q q 0 0 0 rg BT 269.58 158.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 293.38 158.10 Td (as ) Tj ET Q q 0 0 0 rg BT 304.40 158.10 Td (a ) Tj ET Q q 0 0 0 rg BT 311.54 158.10 Td (result ) Tj ET Q q 0 0 0 rg BT 336.45 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 347.47 158.10 Td (this ) Tj ET Q q 0 0 0 rg BT 364.61 158.10 Td (limitation. ) Tj ET Q q 0 0 0 rg BT 408.70 158.10 Td ( ) Tj ET Q q 0 0 0 rg BT 410.79 158.10 Td (As ) Tj ET Q q 0 0 0 rg BT 424.60 158.10 Td (a ) Tj ET Q q 0 0 0 rg BT 431.74 158.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 458.55 158.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 482.25 158.10 Td ( ) Tj ET Q q 0 0 0 rg BT 484.94 158.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 513.19 158.10 Td (to ) Tj ET Q q 0 0 0 rg BT 523.66 158.10 Td (recognize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.10 Td (future ) Tj ET Q q 0 0 0 rg BT 76.03 146.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 90.90 146.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 125.21 146.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 168.95 146.10 Td (with ) Tj ET Q q 0 0 0 rg BT 189.39 146.10 Td (a ) Tj ET Q q 0 0 0 rg BT 196.48 146.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 228.02 146.10 Td (of ) Tj ET Q q 0 0 0 rg BT 239.00 146.10 Td (its ) Tj ET Q q 0 0 0 rg BT 251.10 146.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 287.06 146.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 301.93 146.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 327.91 146.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 369.43 146.10 Td (during ) Tj ET Q q 0 0 0 rg BT 398.19 146.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 420.28 146.10 Td (years ) Tj ET Q q 0 0 0 rg BT 444.03 146.10 Td (has ) Tj ET Q q 0 0 0 rg BT 460.01 146.10 Td (been ) Tj ET Q q 0 0 0 rg BT 481.54 146.10 Td (permanently ) Tj ET Q q 0 0 0 rg BT 534.18 146.10 Td (limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 134.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.38 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 73.69 134.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 105.79 134.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 152.87 134.10 Td (under ) Tj ET Q q 0 0 0 rg BT 177.73 134.10 Td (IRC ) Tj ET Q q 0 0 0 rg BT 196.50 134.10 Td (Section ) Tj ET Q q 0 0 0 rg BT 228.59 134.10 Td (382. ) Tj ET Q q 0 0 0 rg BT 248.04 134.10 Td (The ) Tj ET Q q 0 0 0 rg BT 265.69 134.10 Td (result ) Tj ET Q q 0 0 0 rg BT 290.00 134.10 Td (is ) Tj ET Q q 0 0 0 rg BT 298.77 134.10 Td (a ) Tj ET Q q 0 0 0 rg BT 305.31 134.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 347.96 134.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 385.59 134.10 Td (net ) Tj ET Q q 0 0 0 rg BT 399.90 134.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 435.31 134.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 449.62 134.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 471.16 134.10 Td (that ) Tj ET Q q 0 0 0 rg BT 487.79 134.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 511.00 134.10 Td (has ) Tj ET Q q 0 0 0 rg BT 526.43 134.10 Td (available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 122.10 Td (after ) Tj ET Q q 0 0 0 rg BT 70.07 122.10 Td (the ) Tj ET Q q 0 0 0 rg BT 84.55 122.10 Td (mer) Tj ET Q q 0 0 0 rg BT 99.91 122.10 Td (ger) Tj ET Q q 0 0 0 rg BT 112.28 122.10 Td (, ) Tj ET Q q 0 0 0 rg BT 117.04 122.10 Td (which ) Tj ET Q q 0 0 0 rg BT 143.73 122.10 Td (is ) Tj ET Q q 0 0 0 rg BT 152.66 122.10 Td (believed ) Tj ET Q q 0 0 0 rg BT 188.79 122.10 Td (more ) Tj ET Q q 0 0 0 rg BT 211.60 122.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 236.63 122.10 Td (than ) Tj ET Q q 0 0 0 rg BT 256.10 122.10 Td (not ) Tj ET Q q 0 0 0 rg BT 271.14 122.10 Td (to ) Tj ET Q q 0 0 0 rg BT 281.17 122.10 Td (be ) Tj ET Q q 0 0 0 rg BT 292.87 122.10 Td (utilized ) Tj ET Q q 0 0 0 rg BT 325.11 122.10 Td (in ) Tj ET Q q 0 0 0 rg BT 335.15 122.10 Td (the ) Tj ET Q q 0 0 0 rg BT 349.62 122.10 Td (future, ) Tj ET Q q 0 0 0 rg BT 378.26 122.10 Td (after ) Tj ET Q q 0 0 0 rg BT 398.83 122.10 Td (consideration ) Tj ET Q q 0 0 0 rg BT 454.96 122.10 Td (of ) Tj ET Q q 0 0 0 rg BT 465.55 122.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.02 122.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 519.49 122.10 Td (allowance. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 105.10 Td (On ) Tj ET Q q 0 0 0 rg BT 64.68 105.10 Td (July ) Tj ET Q q 0 0 0 rg BT 84.31 105.10 Td (22, ) Tj ET Q q 0 0 0 rg BT 99.77 105.10 Td (2013, ) Tj ET Q q 0 0 0 rg BT 125.23 105.10 Td (due ) Tj ET Q q 0 0 0 rg BT 142.63 105.10 Td (to ) Tj ET Q q 0 0 0 rg BT 153.36 105.10 Td (shareholder ) Tj ET Q q 0 0 0 rg BT 202.97 105.10 Td (activity) Tj ET Q q 0 0 0 rg BT 232.31 105.10 Td (, ) Tj ET Q q 0 0 0 rg BT 237.77 105.10 Td (a ) Tj ET Q q 0 0 0 rg BT 245.16 105.10 Td (triggering ) Tj ET Q q 0 0 0 rg BT 292.00 105.10 Td (event ) Tj ET Q q 0 0 0 rg BT 321.05 105.10 Td (as ) Tj ET Q q 0 0 0 rg BT 332.34 105.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 380.28 105.10 Td (under ) Tj ET Q q 0 0 0 rg BT 406.00 105.10 Td (IRC ) Tj ET Q q 0 0 0 rg BT 425.63 105.10 Td (Section ) Tj ET Q q 0 0 0 rg BT 458.59 105.10 Td (382 ) Tj ET Q q 0 0 0 rg BT 476.55 105.10 Td (occurred. ) Tj ET Q q 0 0 0 rg BT 516.33 105.10 Td (As ) Tj ET Q q 0 0 0 rg BT 530.40 105.10 Td (a ) Tj ET Q q 0 0 0 rg BT 537.80 105.10 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 93.10 Td (under ) Tj ET Q q 0 0 0 rg BT 75.20 93.10 Td (IRC ) Tj ET Q q 0 0 0 rg BT 94.80 93.10 Td (Section ) Tj ET Q q 0 0 0 rg BT 127.72 93.10 Td (382, ) Tj ET Q q 0 0 0 rg BT 148.15 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 163.29 93.10 Td (use ) Tj ET Q q 0 0 0 rg BT 179.55 93.10 Td (of ) Tj ET Q q 0 0 0 rg BT 190.81 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.96 93.10 Td (Company) Tj ET Q q 0 0 0 rg BT 247.62 93.10 Td (s ) Tj ET Q q 0 0 0 rg BT 254.44 93.10 Td (net ) Tj ET Q q 0 0 0 rg BT 269.59 93.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 310.28 93.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 328.77 93.10 Td (and ) Tj ET Q q 0 0 0 rg BT 346.14 93.10 Td (other ) Tj ET Q q 0 0 0 rg BT 369.61 93.10 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 428.62 93.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 470.41 93.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 492.78 93.10 Td (to ) Tj ET Q q 0 0 0 rg BT 503.49 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 518.63 93.10 Td (triggering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 81.10 Td (event ) Tj ET Q q 0 0 0 rg BT 78.30 81.10 Td (will ) Tj ET Q q 0 0 0 rg BT 96.57 81.10 Td (be ) Tj ET Q q 0 0 0 rg BT 108.71 81.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 139.75 81.10 Td (as ) Tj ET Q q 0 0 0 rg BT 150.79 81.10 Td (a ) Tj ET Q q 0 0 0 rg BT 157.93 81.10 Td (result ) Tj ET Q q 0 0 0 rg BT 182.86 81.10 Td (of ) Tj ET Q q 0 0 0 rg BT 193.89 81.10 Td (this ) Tj ET Q q 0 0 0 rg BT 211.05 81.10 Td (ownership ) Tj ET Q q 0 0 0 rg BT 259.86 81.10 Td (change ) Tj ET Q q 0 0 0 rg BT 295.32 81.10 Td (for ) Tj ET Q q 0 0 0 rg BT 309.69 81.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 324.61 81.10 Td (purposes, ) Tj ET Q q 0 0 0 rg BT 365.37 81.10 Td (which ) Tj ET Q q 0 0 0 rg BT 392.52 81.10 Td (is ) Tj ET Q q 0 0 0 rg BT 401.89 81.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 434.59 81.10 Td (as ) Tj ET Q q 0 0 0 rg BT 445.62 81.10 Td (a ) Tj ET Q q 0 0 0 rg BT 452.77 81.10 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 499.91 81.10 Td (change ) Tj ET Q q 0 0 0 rg BT 530.93 81.10 Td (of ) Tj ET Q q 0 0 0 rg BT 541.97 81.10 Td (more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 69.10 Td (than ) Tj ET Q q 0 0 0 rg BT 70.17 69.10 Td (50% ) Tj ET Q q 0 0 0 rg BT 91.96 69.10 Td (during ) Tj ET Q q 0 0 0 rg BT 121.52 69.10 Td (any ) Tj ET Q q 0 0 0 rg BT 139.41 69.10 Td (three-year ) Tj ET Q q 0 0 0 rg BT 183.39 69.10 Td (period ) Tj ET Q q 0 0 0 rg BT 212.39 69.10 Td (by ) Tj ET Q q 0 0 0 rg BT 225.85 69.10 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 279.84 69.10 Td (owning ) Tj ET Q q 0 0 0 rg BT 313.29 69.10 Td (5% ) Tj ET Q q 0 0 0 rg BT 330.08 69.10 Td (or ) Tj ET Q q 0 0 0 rg BT 341.86 69.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 373.07 69.10 Td (portions ) Tj ET Q q 0 0 0 rg BT 409.30 69.10 Td (of ) Tj ET Q q 0 0 0 rg BT 421.09 69.10 Td (the ) Tj ET Q q 0 0 0 rg BT 436.76 69.10 Td (Company) Tj ET Q q 0 0 0 rg BT 478.42 69.10 Td (s ) Tj ET Q q 0 0 0 rg BT 485.77 69.10 Td (shares. ) Tj ET Q q 0 0 0 rg BT 516.71 69.10 Td (Due ) Tj ET Q q 0 0 0 rg BT 536.83 69.10 Td (to ) Tj ET Q q 0 0 0 rg BT 548.06 69.10 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 57.10 Td (triggering ) Tj ET Q q 0 0 0 rg BT 90.31 57.10 Td (event, ) Tj ET Q q 0 0 0 rg BT 115.84 57.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.43 57.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 169.70 57.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 208.28 57.10 Td (that ) Tj ET Q q 0 0 0 rg BT 224.66 57.10 Td (it ) Tj ET Q q 0 0 0 rg BT 231.59 57.10 Td (will ) Tj ET Q q 0 0 0 rg BT 248.52 57.10 Td (retain ) Tj ET Q q 0 0 0 rg BT 272.66 57.10 Td (total ) Tj ET Q q 0 0 0 rg BT 291.81 57.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 305.40 57.10 Td (ef) Tj ET Q q 0 0 0 rg BT 312.99 57.10 Td (fected ) Tj ET Q q 0 0 0 rg BT 338.79 57.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 367.92 57.10 Td (net ) Tj ET Q q 0 0 0 rg BT 381.51 57.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 420.65 57.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 437.59 57.10 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 495.04 57.10 Td (of ) Tj ET Q q 0 0 0 rg BT 504.75 57.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 45.10 Td ($12.7 ) Tj ET Q q 0 0 0 rg BT 74.50 45.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.39 45.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.89 45.10 Td (as ) Tj ET Q q 0 0 0 rg BT 116.72 45.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.55 45.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 171.15 45.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.15 45.10 Td (. ) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.62 742.10 Td (components ) Tj ET Q q 0 0 0 rg BT 118.52 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 129.43 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 144.22 742.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 180.10 742.10 Td (income ) Tj ET Q q 0 0 0 rg BT 212.11 742.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 226.90 742.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 252.80 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 269.82 742.10 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 309.61 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 320.51 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.42 742.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 375.09 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.09 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 397.67 742.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.68 742.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 473.34 742.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.34 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 495.91 742.10 Td (are ) Tj ET Q q 0 0 0 rg BT 510.69 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 521.60 742.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 554.17 742.10 Td (\($ ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.78 730.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 685.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 685.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 685.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 655.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 655.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 655.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 625.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 625.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 625.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 595.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 595.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 595.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 565.60 333.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 565.60 90.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 565.60 90.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 539.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 539.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 539.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 509.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 509.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 509.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 479.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 479.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 479.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 449.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 449.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 449.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 714.6 m 473 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 699.6 m 473 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 714.6 m 563 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 699.6 m 563 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 699.6 m 473 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 699.6 m 563 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 580.6 m 473 580.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 580.6 m 563 580.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 580.6 m 473 580.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 565.6 m 473 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 580.6 m 563 580.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 565.6 m 563 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 464.6 m 473 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 464.6 m 563 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 464.6 m 473 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 449.6 m 473 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 464.6 m 563 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 449.6 m 563 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 449.6 m 473 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 435.6 m 473 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 433.6 m 473 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 449.6 m 563 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 435.6 m 563 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 433.6 m 563 433.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.40 704.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 413.19 704.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 704.28 Td (December) Tj ET Q q 0 0 0 rg BT 520.27 704.28 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 690.28 Td (Gr) Tj ET Q q 0 0 0 rg BT 64.63 690.28 Td (oss deferr) Tj ET Q q 0 0 0 rg BT 106.37 690.28 Td (ed tax assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 675.27 Td (Losses carried forward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 675.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 675.27 Td (12,714) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 675.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 675.27 Td (13,313) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 660.27 Td (Claims liabilities and unearned premium reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 660.27 Td (7,226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 660.27 Td (6,171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 645.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 645.27 Td (ax credits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 645.27 Td (1,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 645.27 Td (1,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 630.27 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 630.27 Td (458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 630.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 615.27 Td (Commissions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 615.27 Td (809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 615.27 Td (623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 600.27 Td (Stock compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 600.27 Td (567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 600.27 Td (602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 585.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 585.27 Td (866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 585.27 Td (1,094) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 570.28 Td (T) Tj ET Q q 0 0 0 rg BT 64.71 570.28 Td (otal gr) Tj ET Q q 0 0 0 rg BT 92.21 570.28 Td (oss deferr) Tj ET Q q 0 0 0 rg BT 133.96 570.28 Td (ed tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 570.27 Td (23,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 570.27 Td (22,975) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 544.28 Td (Gr) Tj ET Q q 0 0 0 rg BT 64.54 544.28 Td (oss deferr) Tj ET Q q 0 0 0 rg BT 106.28 544.28 Td (ed tax liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 529.27 Td (Deferred policy acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 529.27 Td (4,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 529.27 Td (3,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 514.27 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 514.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 514.27 Td (213) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 499.27 Td (Fixed assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 499.27 Td (1,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 499.27 Td (847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 484.27 Td (Intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 484.27 Td (695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.15 484.27 Td (715) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 469.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 469.27 Td (1,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 469.27 Td (1,108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 454.28 Td (T) Tj ET Q q 0 0 0 rg BT 64.71 454.28 Td (otal gr) Tj ET Q q 0 0 0 rg BT 92.21 454.28 Td (oss deferr) Tj ET Q q 0 0 0 rg BT 133.96 454.28 Td (ed tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 454.27 Td (7,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 454.27 Td (5,990) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.50 439.28 Td (Net deferr) Tj ET Q q 0 0 0 rg BT 102.46 439.28 Td (ed tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 439.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 439.27 Td (16,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 439.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 439.27 Td (16,985) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 418.10 Td (Amounts ) Tj ET Q q 0 0 0 rg BT 88.67 418.10 Td (and ) Tj ET Q q 0 0 0 rg BT 105.61 418.10 Td (expiration ) Tj ET Q q 0 0 0 rg BT 148.65 418.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 171.70 418.10 Td (of ) Tj ET Q q 0 0 0 rg BT 182.53 418.10 Td (the ) Tj ET Q q 0 0 0 rg BT 197.24 418.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 237.51 418.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 255.57 418.10 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 314.15 418.10 Td (as ) Tj ET Q q 0 0 0 rg BT 324.98 418.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.81 418.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 379.41 418.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.41 418.10 Td ( ) Tj ET Q q 0 0 0 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563 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 387.6 m 563 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 51 387.6 m 262 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262 387.6 m 473 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 387.6 m 563 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 222.60000000000002 m 563 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 222.60000000000002 m 563 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 208.60000000000002 m 563 208.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 206.60000000000002 m 563 206.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 114.50 392.28 Td (Y) Tj ET Q q 0 0 0 rg BT 121.17 392.28 Td (ear) Tj ET Q q 0 0 0 rg BT 134.40 392.28 Td ( of Occurr) Tj ET Q q 0 0 0 rg BT 178.64 392.28 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.35 392.28 Td (Y) Tj ET Q q 0 0 0 rg BT 334.02 392.28 Td (ear) Tj ET Q q 0 0 0 rg BT 347.25 392.28 Td ( of Expiration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.95 392.28 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 377.27 Td (2001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 377.27 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 377.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 377.27 Td (2,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 362.27 Td (2002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 362.27 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 362.27 Td (4,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 347.27 Td (2006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 347.27 Td (2026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 347.27 Td (7,825) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 332.27 Td (2007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 332.27 Td (2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 332.27 Td (5,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 317.27 Td (2008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 317.27 Td (2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 317.27 Td (1,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 302.27 Td (2009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 302.27 Td (2029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 302.27 Td (1,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 287.27 Td (2010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 287.27 Td (2030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 287.27 Td (1,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.15 272.27 Td (201) Tj ET Q q 0 0 0 rg BT 160.96 272.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 272.27 Td (2031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 272.27 Td (4,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 257.27 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 257.27 Td (2032) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 257.27 Td (9,236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 242.27 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 242.27 Td (2035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.15 242.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 227.27 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 227.27 Td (2037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 227.27 Td (21,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 212.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.91 212.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 212.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 212.27 Td (60,543) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.50 191.10 Td (NOLs and other carryforwards generated in 2015 and 2017 are not limited by IRC Section 382.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 174.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 72.77 174.10 Td (has ) Tj ET Q q 0 0 0 rg BT 88.26 174.10 Td (not ) Tj ET Q q 0 0 0 rg BT 103.20 174.10 Td (established ) Tj ET Q q 0 0 0 rg BT 149.80 174.10 Td (a ) Tj ET Q q 0 0 0 rg BT 156.40 174.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 195.77 174.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 238.47 174.10 Td (for ) Tj ET Q q 0 0 0 rg BT 252.29 174.10 Td (its ) Tj ET Q q 0 0 0 rg BT 263.90 174.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 287.18 174.10 Td (future ) Tj ET Q q 0 0 0 rg BT 313.21 174.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 348.68 174.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 363.06 174.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 388.55 174.10 Td (as ) Tj ET Q q 0 0 0 rg BT 399.05 174.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.54 174.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 452.80 174.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 174.10 Td ( ) Tj ET Q q 0 0 0 rg BT 474.96 174.10 Td (or ) Tj ET Q q 0 0 0 rg BT 485.45 174.10 Td (as ) Tj ET Q q 0 0 0 rg BT 495.95 174.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.44 174.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 162.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 162.10 Td (. ) Tj ET Q q 0 0 0 rg BT 75.05 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 78.10 162.10 Td (Based ) Tj ET Q q 0 0 0 rg BT 105.59 162.10 Td (on ) Tj ET Q q 0 0 0 rg BT 117.97 162.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 141.67 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 144.72 162.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 197.75 162.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.13 162.10 Td (future ) Tj ET Q q 0 0 0 rg BT 236.06 162.10 Td (taxable ) Tj ET Q q 0 0 0 rg BT 267.99 162.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 302.97 162.10 Td (its ) Tj ET Q q 0 0 0 rg BT 315.47 162.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 344.08 162.10 Td (to ) Tj ET Q q 0 0 0 rg BT 354.91 162.10 Td (change ) Tj ET Q q 0 0 0 rg BT 386.27 162.10 Td (its ) Tj ET Q q 0 0 0 rg BT 398.77 162.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 445.71 162.10 Td (strategy) Tj ET Q q 0 0 0 rg BT 476.71 162.10 Td (, ) Tj ET Q q 0 0 0 rg BT 482.26 162.10 Td (as ) Tj ET Q q 0 0 0 rg BT 493.65 162.10 Td (well ) Tj ET Q q 0 0 0 rg BT 513.91 162.10 Td (as ) Tj ET Q q 0 0 0 rg BT 525.30 162.10 Td (reversing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 150.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 73.65 150.10 Td (future ) Tj ET Q q 0 0 0 rg BT 100.57 150.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 115.82 150.10 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 158.58 150.10 Td (management ) Tj ET Q q 0 0 0 rg BT 212.71 150.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 248.51 150.10 Td (it ) Tj ET Q q 0 0 0 rg BT 257.10 150.10 Td (is ) Tj ET Q q 0 0 0 rg BT 266.81 150.10 Td (more ) Tj ET Q q 0 0 0 rg BT 290.40 150.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 316.21 150.10 Td (than ) Tj ET Q q 0 0 0 rg BT 336.46 150.10 Td (not ) Tj ET Q q 0 0 0 rg BT 352.28 150.10 Td (that ) Tj ET Q q 0 0 0 rg BT 369.64 150.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 393.79 150.10 Td (will ) Tj ET Q q 0 0 0 rg BT 412.39 150.10 Td (fully ) Tj ET Q q 0 0 0 rg BT 434.31 150.10 Td (realize ) Tj ET Q q 0 0 0 rg BT 463.99 150.10 Td (the ) Tj ET Q q 0 0 0 rg BT 479.25 150.10 Td (net ) Tj ET Q q 0 0 0 rg BT 494.50 150.10 Td (future ) Tj ET Q q 0 0 0 rg BT 521.42 150.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 536.67 150.10 Td (assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.10 Td (However) Tj ET Q q 0 0 0 rg BT 85.75 138.10 Td (, ) Tj ET Q q 0 0 0 rg BT 90.75 138.10 Td (there ) Tj ET Q q 0 0 0 rg BT 113.24 138.10 Td (can ) Tj ET Q q 0 0 0 rg BT 129.61 138.10 Td (be ) Tj ET Q q 0 0 0 rg BT 141.55 138.10 Td (no ) Tj ET Q q 0 0 0 rg BT 154.05 138.10 Td (guarantee ) Tj ET Q q 0 0 0 rg BT 195.41 138.10 Td (that ) Tj ET Q q 0 0 0 rg BT 212.91 138.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.85 138.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 259.56 138.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 302.59 138.10 Td (will ) Tj ET Q q 0 0 0 rg BT 320.65 138.10 Td (not ) Tj ET Q q 0 0 0 rg BT 335.93 138.10 Td (be ) Tj ET Q q 0 0 0 rg BT 347.86 138.10 Td (required ) Tj ET Q q 0 0 0 rg BT 383.68 138.10 Td (in ) Tj ET Q q 0 0 0 rg BT 393.96 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.67 138.10 Td (future.) Tj ET Q endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.76 742.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 111.90 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 126.71 742.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 167.07 742.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 182.44 742.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 221.71 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 232.64 742.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 280.76 742.10 Td (with ) Tj ET Q q 0 0 0 rg BT 301.69 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 317.06 742.10 Td (income ) Tj ET Q q 0 0 0 rg BT 349.65 742.10 Td (taxes ) Tj ET Q q 0 0 0 rg BT 373.35 742.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 420.37 742.10 Td (guidance. ) Tj ET Q q 0 0 0 rg BT 461.42 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 485.68 742.10 Td (has ) Tj ET Q q 0 0 0 rg BT 502.17 742.10 Td (analyzed ) Tj ET Q q 0 0 0 rg BT 540.85 742.10 Td (filing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 87.05 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 96.25 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 109.90 730.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 139.08 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 154.94 730.10 Td (state ) Tj ET Q q 0 0 0 rg BT 174.69 730.10 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 225.56 730.10 Td (where ) Tj ET Q q 0 0 0 rg BT 251.42 730.10 Td (it ) Tj ET Q q 0 0 0 rg BT 258.40 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 266.50 730.10 Td (required ) Tj ET Q q 0 0 0 rg BT 301.24 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.45 730.10 Td (file ) Tj ET Q q 0 0 0 rg BT 325.20 730.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 338.85 730.10 Td (returns, ) Tj ET Q q 0 0 0 rg BT 370.54 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 380.30 730.10 Td (well ) Tj ET Q q 0 0 0 rg BT 398.94 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 408.70 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.35 730.10 Td (open ) Tj ET Q q 0 0 0 rg BT 443.21 730.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 456.85 730.10 Td (years ) Tj ET Q q 0 0 0 rg BT 479.38 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 488.59 730.10 Td (these ) Tj ET Q q 0 0 0 rg BT 510.56 730.10 Td (jurisdictions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 72.53 718.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 107.21 718.10 Td (that ) Tj ET Q q 0 0 0 rg BT 124.13 718.10 Td (its ) Tj ET Q q 0 0 0 rg BT 135.50 718.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 165.18 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 181.54 718.10 Td (state ) Tj ET Q q 0 0 0 rg BT 201.78 718.10 Td (income ) Tj ET Q q 0 0 0 rg BT 233.14 718.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 247.28 718.10 Td (filing ) Tj ET Q q 0 0 0 rg BT 270.86 718.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 308.90 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 325.26 718.10 Td (deductions ) Tj ET Q q 0 0 0 rg BT 370.51 718.10 Td (will ) Tj ET Q q 0 0 0 rg BT 387.99 718.10 Td (be ) Tj ET Q q 0 0 0 rg BT 399.35 718.10 Td (sustained ) Tj ET Q q 0 0 0 rg BT 438.48 718.10 Td (on ) Tj ET Q q 0 0 0 rg BT 450.41 718.10 Td (audit ) Tj ET Q q 0 0 0 rg BT 472.32 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 488.68 718.10 Td (does ) Tj ET Q q 0 0 0 rg BT 508.93 718.10 Td (not ) Tj ET Q q 0 0 0 rg BT 523.63 718.10 Td (anticipate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (any ) Tj ET Q q 0 0 0 rg BT 66.13 706.10 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 116.10 706.10 Td (that ) Tj ET Q q 0 0 0 rg BT 133.29 706.10 Td (will ) Tj ET Q q 0 0 0 rg BT 151.04 706.10 Td (result ) Tj ET Q q 0 0 0 rg BT 175.45 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 185.43 706.10 Td (a ) Tj ET Q q 0 0 0 rg BT 192.06 706.10 Td (material ) Tj ET Q q 0 0 0 rg BT 227.01 706.10 Td (change ) Tj ET Q q 0 0 0 rg BT 257.52 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 267.50 706.10 Td (its ) Tj ET Q q 0 0 0 rg BT 279.14 706.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 316.32 706.10 Td (position. ) Tj ET Q q 0 0 0 rg BT 353.08 706.10 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 397.19 706.10 Td (no ) Tj ET Q q 0 0 0 rg BT 409.38 706.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 444.34 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 458.19 706.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 497.59 706.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 527.54 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 544.17 706.10 Td (state ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (income ) Tj ET Q q 0 0 0 rg BT 81.75 694.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 96.79 694.10 Td (positions ) Tj ET Q q 0 0 0 rg BT 135.73 694.10 Td (have ) Tj ET Q q 0 0 0 rg BT 157.42 694.10 Td (been ) Tj ET Q q 0 0 0 rg BT 179.12 694.10 Td (recorded. ) Tj ET Q q 0 0 0 rg BT 218.79 694.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 242.72 694.10 Td (would ) Tj ET Q q 0 0 0 rg BT 270.54 694.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 312.22 694.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 344.48 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 361.74 694.10 Td (penalties ) Tj ET Q q 0 0 0 rg BT 400.10 694.10 Td (related ) Tj ET Q q 0 0 0 rg BT 430.12 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.72 694.10 Td (unrecognized ) Tj ET Q q 0 0 0 rg BT 497.40 694.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 512.44 694.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 546.91 694.10 Td (as ) Tj ET Q q 0 0 0 rg BT 558.06 694.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 682.10 Td (component ) Tj ET Q q 0 0 0 rg BT 96.56 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 107.51 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.35 682.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 162.76 682.10 Td (for ) Tj ET Q q 0 0 0 rg BT 177.04 682.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 207.42 682.10 Td (income ) Tj ET Q q 0 0 0 rg BT 239.48 682.10 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 264.57 682.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 288.30 682.10 Td (did ) Tj ET Q q 0 0 0 rg BT 303.71 682.10 Td (not ) Tj ET Q q 0 0 0 rg BT 319.11 682.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 342.28 682.10 Td (any ) Tj ET Q q 0 0 0 rg BT 359.34 682.10 Td (federal ) Tj ET Q q 0 0 0 rg BT 389.72 682.10 Td (income ) Tj ET Q q 0 0 0 rg BT 421.78 682.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 436.62 682.10 Td (related ) Tj ET Q q 0 0 0 rg BT 466.45 682.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 498.51 682.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 533.06 682.10 Td (interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 670.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 84.20 670.10 Td (or ) Tj ET Q q 0 0 0 rg BT 95.03 670.10 Td (penalties ) Tj ET Q q 0 0 0 rg BT 133.07 670.10 Td (for ) Tj ET Q q 0 0 0 rg BT 147.23 670.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.94 670.10 Td (three ) Tj ET Q q 0 0 0 rg BT 184.42 670.10 Td (month ) Tj ET Q q 0 0 0 rg BT 212.47 670.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 244.41 670.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 270.78 670.10 Td (March ) Tj ET Q q 0 0 0 rg BT 299.38 670.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 314.37 670.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 336.87 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 353.81 670.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.81 670.10 Td (. ) Tj ET Q q 0 0 0 rg BT 378.62 670.10 Td (T) Tj ET Q q 0 0 0 rg BT 384.03 670.10 Td (ax ) Tj ET Q q 0 0 0 rg BT 395.97 670.10 Td (year ) Tj ET Q q 0 0 0 rg BT 415.67 670.10 Td (2014 ) Tj ET Q q 0 0 0 rg BT 438.17 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.10 670.10 Td (years ) Tj ET Q q 0 0 0 rg BT 478.70 670.10 Td (thereafter ) Tj ET Q q 0 0 0 rg BT 519.50 670.10 Td (are ) Tj ET Q q 0 0 0 rg BT 534.20 670.10 Td (subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 658.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.78 658.10 Td (examination ) Tj ET Q q 0 0 0 rg BT 111.71 658.10 Td (by ) Tj ET Q q 0 0 0 rg BT 124.21 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 138.92 658.10 Td (IRS. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 636.10 Td (8. COMMITMENTS ) Tj ET Q q 0 0 0 rg BT 159.95 636.10 Td (AND CONTINGENCIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.10 Td (On ) Tj ET Q q 0 0 0 rg BT 64.01 619.10 Td (May ) Tj ET Q q 0 0 0 rg BT 84.13 619.10 Td (22, ) Tj ET Q q 0 0 0 rg BT 98.41 619.10 Td (2012, ) Tj ET Q q 0 0 0 rg BT 122.31 619.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 145.20 619.10 Td (closed ) Tj ET Q q 0 0 0 rg BT 172.54 619.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.54 619.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 203.87 619.10 Td (and ) Tj ET Q q 0 0 0 rg BT 220.10 619.10 Td (leaseback ) Tj ET Q q 0 0 0 rg BT 260.75 619.10 Td (of ) Tj ET Q q 0 0 0 rg BT 270.87 619.10 Td (its ) Tj ET Q q 0 0 0 rg BT 282.10 619.10 Td (former ) Tj ET Q q 0 0 0 rg BT 311.09 619.10 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 363.97 619.10 Td (building ) Tj ET Q q 0 0 0 rg BT 399.09 619.10 Td (to ) Tj ET Q q 0 0 0 rg BT 408.65 619.10 Td (150 ) Tj ET Q q 0 0 0 rg BT 425.44 619.10 Td (Northwest ) Tj ET Q q 0 0 0 rg BT 468.89 619.10 Td (Point, ) Tj ET Q q 0 0 0 rg BT 494.29 619.10 Td (LLC, ) Tj ET Q q 0 0 0 rg BT 517.47 619.10 Td (a ) Tj ET Q q 0 0 0 rg BT 523.69 619.10 Td (Delaware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 81.01 607.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 114.81 607.10 Td (company) Tj ET Q q 0 0 0 rg BT 150.81 607.10 Td (. ) Tj ET Q q 0 0 0 rg BT 156.00 607.10 Td ( ) Tj ET Q q 0 0 0 rg BT 158.09 607.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 181.88 607.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 228.43 607.10 Td (a ) Tj ET Q q 0 0 0 rg BT 235.55 607.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 255.45 607.10 Td (on ) Tj ET Q q 0 0 0 rg BT 268.14 607.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.04 607.10 Td (sale ) Tj ET Q q 0 0 0 rg BT 301.27 607.10 Td (of ) Tj ET Q q 0 0 0 rg BT 312.29 607.10 Td (this ) Tj ET Q q 0 0 0 rg BT 329.42 607.10 Td (property ) Tj ET Q q 0 0 0 rg BT 365.98 607.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 607.10 Td ($213,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 607.10 Td (, ) Tj ET Q q 0 0 0 rg BT 419.68 607.10 Td (which ) Tj ET Q q 0 0 0 rg BT 446.80 607.10 Td (was ) Tj ET Q q 0 0 0 rg BT 465.04 607.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 501.03 607.10 Td (and ) Tj ET Q q 0 0 0 rg BT 518.15 607.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (over ) Tj ET Q q 0 0 0 rg BT 70.68 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 85.81 595.10 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.05 595.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.60 595.10 Td ( ) Tj ET Q q 0 0 0 rg BT 130.51 595.10 Td (year ) Tj ET Q q 0 0 0 rg BT 150.63 595.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 173.53 595.10 Td (term, ) Tj ET Q q 0 0 0 rg BT 197.27 595.10 Td (which ) Tj ET Q q 0 0 0 rg BT 224.62 595.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 251.41 595.10 Td (in ) Tj ET Q q 0 0 0 rg BT 262.10 595.10 Td (May ) Tj ET Q q 0 0 0 rg BT 283.34 595.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 308.54 595.10 Td (The ) Tj ET Q q 0 0 0 rg BT 327.00 595.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 363.22 595.10 Td (gain ) Tj ET Q q 0 0 0 rg BT 383.35 595.10 Td (was ) Tj ET Q q 0 0 0 rg BT 401.82 595.10 Td (completely ) Tj ET Q q 0 0 0 rg BT 449.16 595.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 495.93 595.10 Td (at ) Tj ET Q q 0 0 0 rg BT 506.06 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.19 595.10 Td (end ) Tj ET Q q 0 0 0 rg BT 538.54 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 595.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.10 Td (second ) Tj ET Q q 0 0 0 rg BT 80.78 583.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 112.11 583.10 Td (in ) Tj ET Q q 0 0 0 rg BT 122.90 583.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 148.42 583.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.87 583.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.87 583.10 Td ( ) Tj ET Q q 0 0 0 rg BT 178.89 583.10 Td (of) Tj ET Q q 0 0 0 rg BT 187.04 583.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 204.49 583.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.28 583.10 Td (rent ) Tj ET Q q 0 0 0 rg BT 233.84 583.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 269.06 583.10 Td (was ) Tj ET Q q 0 0 0 rg BT 287.63 583.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 334.50 583.10 Td (for ) Tj ET Q q 0 0 0 rg BT 349.18 583.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.41 583.10 Td (three ) Tj ET Q q 0 0 0 rg BT 387.41 583.10 Td (month ) Tj ET Q q 0 0 0 rg BT 415.98 583.10 Td (period ) Tj ET Q q 0 0 0 rg BT 444.54 583.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 471.43 583.10 Td (March ) Tj ET Q q 0 0 0 rg BT 500.55 583.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 516.06 583.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.06 583.10 Td (. ) Tj ET Q q 0 0 0 rg BT 540.91 583.10 Td (Atlas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.92 571.10 Td ($1) Tj ET Q q 0 0 0 rg BT 105.55 571.10 Td (1,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.05 571.10 Td ( ) Tj ET Q q 0 0 0 rg BT 130.10 571.10 Td (as ) Tj ET Q q 0 0 0 rg BT 140.49 571.10 Td (an ) Tj ET Q q 0 0 0 rg BT 151.98 571.10 Td (of) Tj ET Q q 0 0 0 rg BT 160.13 571.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 176.62 571.10 Td (to ) Tj ET Q q 0 0 0 rg BT 186.45 571.10 Td (rent ) Tj ET Q q 0 0 0 rg BT 204.06 571.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 238.32 571.10 Td (for ) Tj ET Q q 0 0 0 rg BT 252.03 571.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.30 571.10 Td (three ) Tj ET Q q 0 0 0 rg BT 288.34 571.10 Td (month ) Tj ET Q q 0 0 0 rg BT 315.96 571.10 Td (period ) Tj ET Q q 0 0 0 rg BT 343.56 571.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 369.49 571.10 Td (March ) Tj ET Q q 0 0 0 rg BT 397.64 571.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 412.20 571.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.20 571.10 Td (. ) Tj ET Q q 0 0 0 rg BT 436.60 571.10 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 571.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 459.06 571.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 483.88 571.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 518.14 571.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (on ) Tj ET Q q 0 0 0 rg BT 62.07 559.10 Td (the ) Tj ET Q q 0 0 0 rg BT 76.37 559.10 Td (former ) Tj ET Q q 0 0 0 rg BT 105.65 559.10 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 158.80 559.10 Td (building ) Tj ET Q q 0 0 0 rg BT 194.21 559.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.84 559.10 Td ($197,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.34 559.10 Td ( ) Tj ET Q q 0 0 0 rg BT 251.41 559.10 Td (for ) Tj ET Q q 0 0 0 rg BT 265.15 559.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.44 559.10 Td (three ) Tj ET Q q 0 0 0 rg BT 301.50 559.10 Td (month ) Tj ET Q q 0 0 0 rg BT 329.13 559.10 Td (period ) Tj ET Q q 0 0 0 rg BT 356.75 559.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 382.70 559.10 Td (March ) Tj ET Q q 0 0 0 rg BT 410.88 559.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 425.45 559.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.45 559.10 Td (. ) Tj ET Q q 0 0 0 rg BT 449.87 559.10 Td (There ) Tj ET Q q 0 0 0 rg BT 475.26 559.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.89 559.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.89 559.10 Td ( ) Tj ET Q q 0 0 0 rg BT 504.96 559.10 Td (rental ) Tj ET Q q 0 0 0 rg BT 529.80 559.10 Td (expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 96.36 547.10 Td (on ) Tj ET Q q 0 0 0 rg BT 108.86 547.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.58 547.10 Td (former ) Tj ET Q q 0 0 0 rg BT 153.29 547.10 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 206.87 547.10 Td (building ) Tj ET Q q 0 0 0 rg BT 242.71 547.10 Td (for ) Tj ET Q q 0 0 0 rg BT 256.87 547.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.58 547.10 Td (three ) Tj ET Q q 0 0 0 rg BT 294.07 547.10 Td (month ) Tj ET Q q 0 0 0 rg BT 322.12 547.10 Td (period ) Tj ET Q q 0 0 0 rg BT 350.17 547.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 376.55 547.10 Td (March ) Tj ET Q q 0 0 0 rg BT 405.15 547.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 420.15 547.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 547.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (As ) Tj ET Q q 0 0 0 rg BT 62.89 530.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.99 530.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 115.86 530.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.86 530.10 Td (, ) Tj ET Q q 0 0 0 rg BT 139.74 530.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 162.62 530.10 Td (has ) Tj ET Q q 0 0 0 rg BT 177.72 530.10 Td (the ) Tj ET Q q 0 0 0 rg BT 191.71 530.10 Td (following ) Tj ET Q q 0 0 0 rg BT 232.37 530.10 Td (future ) Tj ET Q q 0 0 0 rg BT 258.02 530.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 298.69 530.10 Td (rentals, ) Tj ET Q q 0 0 0 rg BT 329.61 530.10 Td (related ) Tj ET Q q 0 0 0 rg BT 358.59 530.10 Td (principally ) Tj ET Q q 0 0 0 rg BT 403.68 530.10 Td (to ) Tj ET Q q 0 0 0 rg BT 413.23 530.10 Td (of) Tj ET Q q 0 0 0 rg BT 421.38 530.10 Td (fice ) Tj ET Q q 0 0 0 rg BT 438.14 530.10 Td (space, ) Tj ET Q q 0 0 0 rg BT 464.62 530.10 Td (required ) Tj ET Q q 0 0 0 rg BT 499.71 530.10 Td (under ) Tj ET Q q 0 0 0 rg BT 524.25 530.10 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (leases ) Tj ET Q q 0 0 0 rg BT 76.38 518.10 Td (having ) Tj ET Q q 0 0 0 rg BT 106.09 518.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 131.92 518.10 Td (or ) Tj ET Q q 0 0 0 rg BT 142.75 518.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 185.80 518.10 Td (noncancelable ) Tj ET Q q 0 0 0 rg BT 245.48 518.10 Td (lease ) Tj ET Q q 0 0 0 rg BT 267.97 518.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 292.69 518.10 Td (in ) Tj ET Q q 0 0 0 rg BT 302.96 518.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 331.56 518.10 Td (of ) Tj ET Q q 0 0 0 rg BT 342.39 518.10 Td (one ) Tj ET Q q 0 0 0 rg BT 359.33 518.10 Td (year ) Tj ET Q q 0 0 0 rg BT 379.04 518.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 389.87 518.10 Td (in ) Tj ET Q q 0 0 0 rg BT 400.15 518.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 502.60 62.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 112.50 502.60 63.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.50 502.60 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 502.60 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 502.60 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 502.60 64.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 502.60 65.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 502.60 65.00 -23.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 502.6 m 112.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 479.6 m 112.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 112.5 502.6 m 175.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 112.5 479.6 m 175.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175.5 502.6 m 239.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175.5 479.6 m 239.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 502.6 m 303.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 479.6 m 303.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 502.6 m 368.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 479.6 m 368.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 502.6 m 432.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 479.6 m 432.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 502.6 m 497.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 479.6 m 497.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 502.6 m 562.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 479.6 m 562.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 112.5 479.6 m 175.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175.5 479.6 m 239.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 479.6 m 303.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 479.6 m 368.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 479.6 m 432.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 479.6 m 497.5 479.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.05 484.28 Td (Y) Tj ET Q q 0 0 0 rg BT 77.16 484.28 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 133.50 484.28 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 197.00 484.28 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.00 484.28 Td (2020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.50 484.28 Td (2021) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.00 484.28 Td (2022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.05 493.33 Td (2023 & ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.35 483.33 Td (Beyond) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.55 484.28 Td (T) Tj ET Q q 0 0 0 rg BT 524.30 484.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.45 469.28 Td (Amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.65 469.27 Td (850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.15 469.27 Td (1,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.15 469.27 Td (1,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.65 469.27 Td (937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 469.27 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 469.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 469.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 469.27 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.16 448.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 109.66 448.10 Td (has ) Tj ET Q q 0 0 0 rg BT 125.61 448.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 157.65 448.10 Td (into ) Tj ET Q q 0 0 0 rg BT 175.82 448.10 Td (various ) Tj ET Q q 0 0 0 rg BT 207.87 448.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 246.58 448.10 Td (to ) Tj ET Q q 0 0 0 rg BT 256.97 448.10 Td (renovate ) Tj ET Q q 0 0 0 rg BT 294.01 448.10 Td (and ) Tj ET Q q 0 0 0 rg BT 311.06 448.10 Td (furnish ) Tj ET Q q 0 0 0 rg BT 342.01 448.10 Td (the ) Tj ET Q q 0 0 0 rg BT 356.84 448.10 Td (building ) Tj ET Q q 0 0 0 rg BT 392.79 448.10 Td (that ) Tj ET Q q 0 0 0 rg BT 410.40 448.10 Td (was ) Tj ET Q q 0 0 0 rg BT 428.57 448.10 Td (purchased ) Tj ET Q q 0 0 0 rg BT 471.72 448.10 Td (in ) Tj ET Q q 0 0 0 rg BT 482.11 448.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 504.73 448.10 Td (to ) Tj ET Q q 0 0 0 rg BT 515.12 448.10 Td (serve ) Tj ET Q q 0 0 0 rg BT 538.83 448.10 Td (as ) Tj ET Q q 0 0 0 rg BT 549.78 448.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 436.10 Td (s ) Tj ET Q q 0 0 0 rg BT 99.42 436.10 Td (new ) Tj ET Q q 0 0 0 rg BT 119.95 436.10 Td (headquarters, ) Tj ET Q q 0 0 0 rg BT 177.40 436.10 Td (which ) Tj ET Q q 0 0 0 rg BT 205.70 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.79 436.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 264.54 436.10 Td (moved ) Tj ET Q q 0 0 0 rg BT 295.62 436.10 Td (into ) Tj ET Q q 0 0 0 rg BT 315.05 436.10 Td (on ) Tj ET Q q 0 0 0 rg BT 328.91 436.10 Td (October ) Tj ET Q q 0 0 0 rg BT 364.99 436.10 Td (27, ) Tj ET Q q 0 0 0 rg BT 381.35 436.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 406.86 436.10 Td (As ) Tj ET Q q 0 0 0 rg BT 421.84 436.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.04 436.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 479.01 436.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.01 436.10 Td (, ) Tj ET Q q 0 0 0 rg BT 505.37 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.45 436.10 Td (remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 96.92 424.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 143.86 424.10 Td (related ) Tj ET Q q 0 0 0 rg BT 173.56 424.10 Td (to ) Tj ET Q q 0 0 0 rg BT 183.84 424.10 Td (the ) Tj ET Q q 0 0 0 rg BT 198.56 424.10 Td (renovation ) Tj ET Q q 0 0 0 rg BT 243.82 424.10 Td (and ) Tj ET Q q 0 0 0 rg BT 260.76 424.10 Td (furnishing ) Tj ET Q q 0 0 0 rg BT 304.37 424.10 Td (of ) Tj ET Q q 0 0 0 rg BT 314.65 424.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 338.34 424.10 Td ( ) Tj ET Q q 0 0 0 rg BT 340.84 424.10 Td (new ) Tj ET Q q 0 0 0 rg BT 360.00 424.10 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 413.59 424.10 Td (building ) Tj ET Q q 0 0 0 rg BT 449.42 424.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.13 424.10 Td ($76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.13 424.10 Td (,000.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.55 407.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 108.44 407.10 Td (has ) Tj ET Q q 0 0 0 rg BT 123.77 407.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 155.20 407.10 Td (into ) Tj ET Q q 0 0 0 rg BT 172.76 407.10 Td (subscription ) Tj ET Q q 0 0 0 rg BT 223.65 407.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 271.19 407.10 Td (to ) Tj ET Q q 0 0 0 rg BT 280.97 407.10 Td (allow ) Tj ET Q q 0 0 0 rg BT 305.19 407.10 Td (for ) Tj ET Q q 0 0 0 rg BT 318.85 407.10 Td (participation ) Tj ET Q q 0 0 0 rg BT 371.39 407.10 Td (by ) Tj ET Q q 0 0 0 rg BT 383.40 407.10 Td (the ) Tj ET Q q 0 0 0 rg BT 397.62 407.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 438.51 407.10 Td (in ) Tj ET Q q 0 0 0 rg BT 448.29 407.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 478.62 407.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 511.73 407.10 Td (investments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.10 Td (which ) Tj ET Q q 0 0 0 rg BT 78.25 395.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 105.96 395.10 Td (in ) Tj ET Q q 0 0 0 rg BT 117.55 395.10 Td (income-producing ) Tj ET Q q 0 0 0 rg BT 194.67 395.10 Td (real ) Tj ET Q q 0 0 0 rg BT 213.47 395.10 Td (estate, ) Tj ET Q q 0 0 0 rg BT 242.55 395.10 Td (equities ) Tj ET Q q 0 0 0 rg BT 277.47 395.10 Td (and ) Tj ET Q q 0 0 0 rg BT 295.72 395.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 337.85 395.10 Td (linked ) Tj ET Q q 0 0 0 rg BT 366.67 395.10 Td (securities. ) Tj ET Q q 0 0 0 rg BT 409.90 395.10 Td (As ) Tj ET Q q 0 0 0 rg BT 424.83 395.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.97 395.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 481.89 395.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.89 395.10 Td (, ) Tj ET Q q 0 0 0 rg BT 508.20 395.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.23 395.10 Td (unfunded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (commitments ) Tj ET Q q 0 0 0 rg BT 106.94 383.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.65 383.10 Td ($6.1 ) Tj ET Q q 0 0 0 rg BT 141.65 383.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.54 383.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.10 Td (In ) Tj ET Q q 0 0 0 rg BT 61.58 366.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.06 366.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 114.19 366.10 Td (course ) Tj ET Q q 0 0 0 rg BT 143.54 366.10 Td (of ) Tj ET Q q 0 0 0 rg BT 155.12 366.10 Td (its ) Tj ET Q q 0 0 0 rg BT 167.83 366.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 206.75 366.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 231.12 366.10 Td (is ) Tj ET Q q 0 0 0 rg BT 241.04 366.10 Td (involved ) Tj ET Q q 0 0 0 rg BT 279.29 366.10 Td (in ) Tj ET Q q 0 0 0 rg BT 290.32 366.10 Td (legal ) Tj ET Q q 0 0 0 rg BT 313.01 366.10 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 367.08 366.10 Td (including ) Tj ET Q q 0 0 0 rg BT 408.11 366.10 Td (lawsuits, ) Tj ET Q q 0 0 0 rg BT 446.64 366.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 490.99 366.10 Td (examinations ) Tj ET Q q 0 0 0 rg BT 547.57 366.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (inquiries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 74.69 337.10 Td (is ) Tj ET Q q 0 0 0 rg BT 84.93 337.10 Td (exposed ) Tj ET Q q 0 0 0 rg BT 121.28 337.10 Td (to ) Tj ET Q q 0 0 0 rg BT 132.63 337.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 158.97 337.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 177.55 337.10 Td (on ) Tj ET Q q 0 0 0 rg BT 191.13 337.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 229.13 337.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 273.78 337.10 Td (from ) Tj ET Q q 0 0 0 rg BT 296.80 337.10 Td (policyholders, ) Tj ET Q q 0 0 0 rg BT 357.31 337.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 386.43 337.10 Td (and ) Tj ET Q q 0 0 0 rg BT 404.45 337.10 Td (reinsurers. ) Tj ET Q q 0 0 0 rg BT 449.95 337.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 478.52 337.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 518.20 337.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.55 337.10 Td (any ) Tj ET Q q 0 0 0 rg BT 547.57 337.10 Td (one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 91.83 325.10 Td (policyholder ) Tj ET Q q 0 0 0 rg BT 143.66 325.10 Td (is ) Tj ET Q q 0 0 0 rg BT 151.61 325.10 Td (not ) Tj ET Q q 0 0 0 rg BT 165.67 325.10 Td (material. ) Tj ET Q q 0 0 0 rg BT 202.12 325.10 Td (The ) Tj ET Q q 0 0 0 rg BT 218.95 325.10 Td (Company) Tj ET Q q 0 0 0 rg BT 260.62 325.10 Td (s ) Tj ET Q q 0 0 0 rg BT 265.79 325.10 Td (policies, ) Tj ET Q q 0 0 0 rg BT 300.68 325.10 Td (however) Tj ET Q q 0 0 0 rg BT 334.71 325.10 Td (, ) Tj ET Q q 0 0 0 rg BT 338.49 325.10 Td (are ) Tj ET Q q 0 0 0 rg BT 351.98 325.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 396.04 325.10 Td (by ) Tj ET Q q 0 0 0 rg BT 407.32 325.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 434.15 325.10 Td (who ) Tj ET Q q 0 0 0 rg BT 452.66 325.10 Td (may ) Tj ET Q q 0 0 0 rg BT 471.16 325.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 503.53 325.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 522.59 325.10 Td (collection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (on ) Tj ET Q q 0 0 0 rg BT 63.46 313.10 Td (its ) Tj ET Q q 0 0 0 rg BT 76.38 313.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 104.83 313.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 142.73 313.10 Td (to ) Tj ET Q q 0 0 0 rg BT 153.97 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 169.65 313.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 195.33 313.10 Td (of ) Tj ET Q q 0 0 0 rg BT 207.13 313.10 Td (their ) Tj ET Q q 0 0 0 rg BT 228.92 313.10 Td (agency ) Tj ET Q q 0 0 0 rg BT 260.70 313.10 Td (agreement. ) Tj ET Q q 0 0 0 rg BT 307.54 313.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 332.11 313.10 Td (has ) Tj ET Q q 0 0 0 rg BT 348.91 313.10 Td (procedures ) Tj ET Q q 0 0 0 rg BT 396.24 313.10 Td (to ) Tj ET Q q 0 0 0 rg BT 407.48 313.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 442.61 313.10 Td (and ) Tj ET Q q 0 0 0 rg BT 460.51 313.10 Td (minimize ) Tj ET Q q 0 0 0 rg BT 501.75 313.10 Td (its ) Tj ET Q q 0 0 0 rg BT 514.66 313.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 554.22 313.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (delinquent ) Tj ET Q q 0 0 0 rg BT 94.28 301.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 118.01 301.10 Td (balances, ) Tj ET Q q 0 0 0 rg BT 157.00 301.10 Td (including, ) Tj ET Q q 0 0 0 rg BT 199.35 301.10 Td (but ) Tj ET Q q 0 0 0 rg BT 214.19 301.10 Td (not ) Tj ET Q q 0 0 0 rg BT 229.04 301.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 259.44 301.10 Td (to, ) Tj ET Q q 0 0 0 rg BT 271.79 301.10 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 313.85 301.10 Td (account ) Tj ET Q q 0 0 0 rg BT 347.01 301.10 Td (current ) Tj ET Q q 0 0 0 rg BT 377.40 301.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 424.18 301.10 Td (processing ) Tj ET Q q 0 0 0 rg BT 469.02 301.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 496.08 301.10 Td (cancellations ) Tj ET Q q 0 0 0 rg BT 550.35 301.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (non-payment ) Tj ET Q q 0 0 0 rg BT 105.10 289.10 Td (and ) Tj ET Q q 0 0 0 rg BT 121.88 289.10 Td (other ) Tj ET Q q 0 0 0 rg BT 144.76 289.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 186.52 289.10 Td (ef) Tj ET Q q 0 0 0 rg BT 194.11 289.10 Td (forts ) Tj ET Q q 0 0 0 rg BT 214.78 289.10 Td (deemed ) Tj ET Q q 0 0 0 rg BT 248.21 289.10 Td (appropriate. ) Tj ET Q q 0 0 0 rg BT 298.58 289.10 Td ( ) Tj ET Q q 0 0 0 rg BT 300.40 289.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 323.84 289.10 Td (also ) Tj ET Q q 0 0 0 rg BT 342.29 289.10 Td (has ) Tj ET Q q 0 0 0 rg BT 357.95 289.10 Td (procedures ) Tj ET Q q 0 0 0 rg BT 404.16 289.10 Td (to ) Tj ET Q q 0 0 0 rg BT 414.27 289.10 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 449.92 289.10 Td (the ) Tj ET Q q 0 0 0 rg BT 464.47 289.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 501.79 289.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 541.90 289.10 Td (of ) Tj ET Q q 0 0 0 rg BT 552.57 289.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 91.05 277.10 Td (and ) Tj ET Q q 0 0 0 rg BT 107.12 277.10 Td (monitors ) Tj ET Q q 0 0 0 rg BT 144.30 277.10 Td (concentrations ) Tj ET Q q 0 0 0 rg BT 204.24 277.10 Td (of ) Tj ET Q q 0 0 0 rg BT 214.19 277.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 238.58 277.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 255.21 277.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 284.05 277.10 Td (from ) Tj ET Q q 0 0 0 rg BT 305.12 277.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 334.52 277.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 380.57 277.10 Td (regions, ) Tj ET Q q 0 0 0 rg BT 414.13 277.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 454.36 277.10 Td (or ) Tj ET Q q 0 0 0 rg BT 464.31 277.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 504.81 277.10 Td (characteristics ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 265.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.55 265.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 117.48 265.10 Td (to ) Tj ET Q q 0 0 0 rg BT 127.75 265.10 Td (minimize ) Tj ET Q q 0 0 0 rg BT 168.02 265.10 Td (its ) Tj ET Q q 0 0 0 rg BT 179.97 265.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 218.57 265.10 Td (to ) Tj ET Q q 0 0 0 rg BT 228.85 265.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 273.56 265.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 299.95 265.10 Td (from ) Tj ET Q q 0 0 0 rg BT 321.89 265.10 Td (reinsurers) Tj ET Q q 0 0 0 rg BT 363.91 265.10 Td ( ) Tj ET Q q 0 0 0 rg BT 366.41 265.10 Td (insolvency) Tj ET Q q 0 0 0 rg BT 409.08 265.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (V) Tj ET Q q 0 0 0 rg BT 56.62 248.10 Td (irtually ) Tj ET Q q 0 0 0 rg BT 88.37 248.10 Td (all ) Tj ET Q q 0 0 0 rg BT 101.23 248.10 Td (states ) Tj ET Q q 0 0 0 rg BT 126.31 248.10 Td (require ) Tj ET Q q 0 0 0 rg BT 157.49 248.10 Td (insurers ) Tj ET Q q 0 0 0 rg BT 192.01 248.10 Td (licensed ) Tj ET Q q 0 0 0 rg BT 227.64 248.10 Td (to ) Tj ET Q q 0 0 0 rg BT 238.28 248.10 Td (do ) Tj ET Q q 0 0 0 rg BT 251.14 248.10 Td (business ) Tj ET Q q 0 0 0 rg BT 287.90 248.10 Td (therein ) Tj ET Q q 0 0 0 rg BT 318.53 248.10 Td (to ) Tj ET Q q 0 0 0 rg BT 329.17 248.10 Td (bear ) Tj ET Q q 0 0 0 rg BT 349.24 248.10 Td (a ) Tj ET Q q 0 0 0 rg BT 356.54 248.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 388.29 248.10 Td (of ) Tj ET Q q 0 0 0 rg BT 399.48 248.10 Td (contingent ) Tj ET Q q 0 0 0 rg BT 444.56 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 461.86 248.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 498.04 248.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 527.01 248.10 Td (handling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 89.08 236.10 Td (and ) Tj ET Q q 0 0 0 rg BT 106.50 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 121.70 236.10 Td (unfunded ) Tj ET Q q 0 0 0 rg BT 162.45 236.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 195.43 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 206.74 236.10 Td (covered ) Tj ET Q q 0 0 0 rg BT 250.25 236.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 279.33 236.10 Td (and ) Tj ET Q q 0 0 0 rg BT 296.75 236.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 336.38 236.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 375.47 236.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 422.89 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 434.21 236.10 Td (impaired ) Tj ET Q q 0 0 0 rg BT 472.73 236.10 Td (or ) Tj ET Q q 0 0 0 rg BT 484.04 236.10 Td (insolvent ) Tj ET Q q 0 0 0 rg BT 523.69 236.10 Td (insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (companies, ) Tj ET Q q 0 0 0 rg BT 98.55 224.10 Td (either ) Tj ET Q q 0 0 0 rg BT 124.59 224.10 Td (up ) Tj ET Q q 0 0 0 rg BT 137.88 224.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.94 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 164.44 224.10 Td (policy) Tj ET Q q 0 0 0 rg BT 192.21 224.10 Td (s ) Tj ET Q q 0 0 0 rg BT 199.38 224.10 Td (limit, ) Tj ET Q q 0 0 0 rg BT 224.06 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.56 224.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 283.93 224.10 Td (guaranty ) Tj ET Q q 0 0 0 rg BT 322.20 224.10 Td (fund ) Tj ET Q q 0 0 0 rg BT 343.81 224.10 Td (covered ) Tj ET Q q 0 0 0 rg BT 378.74 224.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 408.12 224.10 Td (obligation ) Tj ET Q q 0 0 0 rg BT 451.96 224.10 Td (cap, ) Tj ET Q q 0 0 0 rg BT 471.62 224.10 Td (or ) Tj ET Q q 0 0 0 rg BT 483.23 224.10 Td (100% ) Tj ET Q q 0 0 0 rg BT 509.84 224.10 Td (of ) Tj ET Q q 0 0 0 rg BT 521.46 224.10 Td (statutorily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 82.10 212.10 Td (workers) Tj ET Q q 0 0 0 rg BT 116.90 212.10 Td ( ) Tj ET Q q 0 0 0 rg BT 119.01 212.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 176.66 212.10 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 212.93 212.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 243.36 212.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.25 212.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 296.45 212.10 Td (deductibles. ) Tj ET Q q 0 0 0 rg BT 346.45 212.10 Td (These ) Tj ET Q q 0 0 0 rg BT 372.44 212.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 418.99 212.10 Td (are ) Tj ET Q q 0 0 0 rg BT 433.31 212.10 Td (funded ) Tj ET Q q 0 0 0 rg BT 463.19 212.10 Td (by ) Tj ET Q q 0 0 0 rg BT 475.30 212.10 Td (assessments, ) Tj ET Q q 0 0 0 rg BT 528.24 212.10 Td (made ) Tj ET Q q 0 0 0 rg BT 552.01 212.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.52 200.10 Td (retrospective, ) Tj ET Q q 0 0 0 rg BT 112.74 200.10 Td (prospective ) Tj ET Q q 0 0 0 rg BT 160.91 200.10 Td (or ) Tj ET Q q 0 0 0 rg BT 171.32 200.10 Td (pre-funded ) Tj ET Q q 0 0 0 rg BT 217.27 200.10 Td (basis, ) Tj ET Q q 0 0 0 rg BT 241.85 200.10 Td (which ) Tj ET Q q 0 0 0 rg BT 268.37 200.10 Td (are ) Tj ET Q q 0 0 0 rg BT 282.66 200.10 Td (levied ) Tj ET Q q 0 0 0 rg BT 309.17 200.10 Td (by ) Tj ET Q q 0 0 0 rg BT 321.25 200.10 Td (guaranty ) Tj ET Q q 0 0 0 rg BT 358.32 200.10 Td (associations ) Tj ET Q q 0 0 0 rg BT 408.72 200.10 Td (within ) Tj ET Q q 0 0 0 rg BT 436.36 200.10 Td (the ) Tj ET Q q 0 0 0 rg BT 450.65 200.10 Td (state, ) Tj ET Q q 0 0 0 rg BT 473.56 200.10 Td (up ) Tj ET Q q 0 0 0 rg BT 485.64 200.10 Td (to ) Tj ET Q q 0 0 0 rg BT 495.50 200.10 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 539.22 200.10 Td (limits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.10 Td (\(typically ) Tj ET Q q 0 0 0 rg BT 90.73 188.10 Td (2% ) Tj ET Q q 0 0 0 rg BT 106.47 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 117.21 188.10 Td (net ) Tj ET Q q 0 0 0 rg BT 136.27 188.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 161.44 188.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 203.85 188.10 Td (written\), ) Tj ET Q q 0 0 0 rg BT 244.85 188.10 Td (on ) Tj ET Q q 0 0 0 rg BT 257.26 188.10 Td (all ) Tj ET Q q 0 0 0 rg BT 269.66 188.10 Td (member ) Tj ET Q q 0 0 0 rg BT 304.83 188.10 Td (insurers ) Tj ET Q q 0 0 0 rg BT 338.90 188.10 Td (in ) Tj ET Q q 0 0 0 rg BT 349.09 188.10 Td (the ) Tj ET Q q 0 0 0 rg BT 363.72 188.10 Td (state ) Tj ET Q q 0 0 0 rg BT 384.45 188.10 Td (on ) Tj ET Q q 0 0 0 rg BT 396.86 188.10 Td (the ) Tj ET Q q 0 0 0 rg BT 411.48 188.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 433.89 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 444.63 188.10 Td (the ) Tj ET Q q 0 0 0 rg BT 459.26 188.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 515.54 188.10 Td (share ) Tj ET Q q 0 0 0 rg BT 539.04 188.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 188.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 92.52 176.10 Td (written ) Tj ET Q q 0 0 0 rg BT 123.37 176.10 Td (by ) Tj ET Q q 0 0 0 rg BT 135.89 176.10 Td (member ) Tj ET Q q 0 0 0 rg BT 171.18 176.10 Td (insurers ) Tj ET Q q 0 0 0 rg BT 205.37 176.10 Td (in ) Tj ET Q q 0 0 0 rg BT 215.67 176.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 245.40 176.10 Td (covered ) Tj ET Q q 0 0 0 rg BT 279.57 176.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 300.98 176.10 Td (of ) Tj ET Q q 0 0 0 rg BT 311.83 176.10 Td (business ) Tj ET Q q 0 0 0 rg BT 348.25 176.10 Td (in ) Tj ET Q q 0 0 0 rg BT 358.55 176.10 Td (which ) Tj ET Q q 0 0 0 rg BT 385.51 176.10 Td (the ) Tj ET Q q 0 0 0 rg BT 400.25 176.10 Td (impaired, ) Tj ET Q q 0 0 0 rg BT 440.82 176.10 Td (insolvent ) Tj ET Q q 0 0 0 rg BT 480.01 176.10 Td (or ) Tj ET Q q 0 0 0 rg BT 490.86 176.10 Td (failed ) Tj ET Q q 0 0 0 rg BT 516.15 176.10 Td (insurer ) Tj ET Q q 0 0 0 rg BT 546.45 176.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.10 Td (engaged. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.10 Td (In ) Tj ET Q q 0 0 0 rg BT 59.97 147.10 Td (addition, ) Tj ET Q q 0 0 0 rg BT 96.88 147.10 Td (as ) Tj ET Q q 0 0 0 rg BT 106.84 147.10 Td (a ) Tj ET Q q 0 0 0 rg BT 112.92 147.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 152.32 147.10 Td (to ) Tj ET Q q 0 0 0 rg BT 161.74 147.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.59 147.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 202.78 147.10 Td (to ) Tj ET Q q 0 0 0 rg BT 212.19 147.10 Td (conduct ) Tj ET Q q 0 0 0 rg BT 245.48 147.10 Td (business ) Tj ET Q q 0 0 0 rg BT 281.01 147.10 Td (in ) Tj ET Q q 0 0 0 rg BT 290.42 147.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 319.26 147.10 Td (states ) Tj ET Q q 0 0 0 rg BT 343.12 147.10 Td (\(and ) Tj ET Q q 0 0 0 rg BT 362.52 147.10 Td (within ) Tj ET Q q 0 0 0 rg BT 389.71 147.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.56 147.10 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 450.75 147.10 Td (of ) Tj ET Q q 0 0 0 rg BT 460.72 147.10 Td (some ) Tj ET Q q 0 0 0 rg BT 483.46 147.10 Td (local ) Tj ET Q q 0 0 0 rg BT 504.53 147.10 Td (governments\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 90.87 135.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 136.18 135.10 Td (are ) Tj ET Q q 0 0 0 rg BT 150.94 135.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 181.81 135.10 Td (to ) Tj ET Q q 0 0 0 rg BT 192.14 135.10 Td (or ) Tj ET Q q 0 0 0 rg BT 203.02 135.10 Td (required ) Tj ET Q q 0 0 0 rg BT 238.89 135.10 Td (to ) Tj ET Q q 0 0 0 rg BT 249.22 135.10 Td (participate ) Tj ET Q q 0 0 0 rg BT 293.96 135.10 Td (in ) Tj ET Q q 0 0 0 rg BT 304.29 135.10 Td (various ) Tj ET Q q 0 0 0 rg BT 336.28 135.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 374.93 135.10 Td (or ) Tj ET Q q 0 0 0 rg BT 385.81 135.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 414.47 135.10 Td (based ) Tj ET Q q 0 0 0 rg BT 439.79 135.10 Td (insurance-related ) Tj ET Q q 0 0 0 rg BT 511.19 135.10 Td (assessments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.10 Td (including ) Tj ET Q q 0 0 0 rg BT 90.08 123.10 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 149.04 123.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 185.78 123.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 203.09 123.10 Td (pools, ) Tj ET Q q 0 0 0 rg BT 229.56 123.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 283.52 123.10 Td (associations, ) Tj ET Q q 0 0 0 rg BT 336.65 123.10 Td (workers) Tj ET Q q 0 0 0 rg BT 371.45 123.10 Td ( ) Tj ET Q q 0 0 0 rg BT 373.75 123.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 431.60 123.10 Td (second-injury ) Tj ET Q q 0 0 0 rg BT 488.89 123.10 Td (funds, ) Tj ET Q q 0 0 0 rg BT 515.92 123.10 Td (reinsurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.10 Td (funds ) Tj ET Q q 0 0 0 rg BT 74.89 111.10 Td (and ) Tj ET Q q 0 0 0 rg BT 92.00 111.10 Td (other ) Tj ET Q q 0 0 0 rg BT 115.21 111.10 Td (state ) Tj ET Q q 0 0 0 rg BT 136.20 111.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 177.19 111.10 Td (facilities. ) Tj ET Q q 0 0 0 rg BT 216.19 111.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 239.89 111.10 Td ( ) Tj ET Q q 0 0 0 rg BT 242.56 111.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 299.10 111.10 Td (share ) Tj ET Q q 0 0 0 rg BT 322.86 111.10 Td (of ) Tj ET Q q 0 0 0 rg BT 333.86 111.10 Td (these ) Tj ET Q q 0 0 0 rg BT 357.07 111.10 Td (various ) Tj ET Q q 0 0 0 rg BT 389.18 111.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 427.95 111.10 Td (or ) Tj ET Q q 0 0 0 rg BT 438.95 111.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 467.72 111.10 Td (based ) Tj ET Q q 0 0 0 rg BT 493.16 111.10 Td (insurance-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.10 Td (assessments, ) Tj ET Q q 0 0 0 rg BT 102.70 99.10 Td (including ) Tj ET Q q 0 0 0 rg BT 142.35 99.10 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 200.88 99.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 237.19 99.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 254.07 99.10 Td (pools, ) Tj ET Q q 0 0 0 rg BT 280.11 99.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 333.64 99.10 Td (associations, ) Tj ET Q q 0 0 0 rg BT 386.34 99.10 Td (workers) Tj ET Q q 0 0 0 rg BT 421.14 99.10 Td ( ) Tj ET Q q 0 0 0 rg BT 423.01 99.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 480.43 99.10 Td (second-injury ) Tj ET Q q 0 0 0 rg BT 537.29 99.10 Td (funds, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 98.58 87.10 Td (funds ) Tj ET Q q 0 0 0 rg BT 123.31 87.10 Td (and ) Tj ET Q q 0 0 0 rg BT 140.24 87.10 Td (other ) Tj ET Q q 0 0 0 rg BT 163.29 87.10 Td (state ) Tj ET Q q 0 0 0 rg BT 184.12 87.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 224.93 87.10 Td (facilities ) Tj ET Q q 0 0 0 rg BT 261.86 87.10 Td (is ) Tj ET Q q 0 0 0 rg BT 271.03 87.10 Td (not ) Tj ET Q q 0 0 0 rg BT 286.31 87.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 324.34 87.10 Td (to ) Tj ET Q q 0 0 0 rg BT 334.62 87.10 Td (be ) Tj ET Q q 0 0 0 rg BT 346.56 87.10 Td (material. ) Tj ET Q q 0 0 0 rg BT 384.32 87.10 Td ( ) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (9. PROPER) Tj ET Q q 0 0 0 rg BT 118.76 742.25 Td (TY) Tj ET Q q 0 0 0 rg BT 132.28 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 134.23 742.25 Td (AND EQUIPMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.67 725.25 Td (held ) Tj ET Q q 0 0 0 rg BT 93.44 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 108.21 725.25 Td (following ) Tj ET Q q 0 0 0 rg BT 149.66 725.25 Td (property ) Tj ET Q q 0 0 0 rg BT 186.09 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 203.09 725.25 Td (equipment, ) Tj ET Q q 0 0 0 rg BT 250.36 725.25 Td (including ) Tj ET Q q 0 0 0 rg BT 290.69 725.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 323.79 725.25 Td (use ) Tj ET Q q 0 0 0 rg BT 339.68 725.25 Td (software, ) Tj ET Q q 0 0 0 rg BT 379.16 725.25 Td (as ) Tj ET Q q 0 0 0 rg BT 390.05 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.94 725.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 444.60 725.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.60 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 467.15 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 484.15 725.25 Td (as ) Tj ET Q q 0 0 0 rg BT 495.04 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.92 725.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 713.25 Td (\(excluding ) Tj ET Q q 0 0 0 rg BT 117.76 713.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 143.59 713.25 Td (held ) Tj ET Q q 0 0 0 rg BT 163.31 713.25 Td (for ) Tj ET Q q 0 0 0 rg BT 177.47 713.25 Td (sale\) ) Tj ET Q q 0 0 0 rg BT 198.85 713.25 Td (\($ ) Tj ET Q q 0 0 0 rg BT 209.68 713.25 Td (in ) Tj ET Q q 0 0 0 rg BT 219.96 713.25 Td (000s\): ) Tj ET Q q 0 0 0 rg BT 250.79 713.25 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 682.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 682.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 682.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 652.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 652.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 652.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 622.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 622.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 622.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 592.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 592.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 592.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 562.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 562.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 562.75 98.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 697.75 m 463.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 682.75 m 463.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 697.75 m 561.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 682.75 m 561.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 682.75 m 463.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 682.75 m 561.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 577.75 m 463.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 577.75 m 561.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 547.75 m 463.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 533.75 m 463.5 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 531.75 m 463.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 547.75 m 561.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 533.75 m 561.5 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 531.75 m 561.5 531.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.90 687.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 399.69 687.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.65 687.43 Td (December) Tj ET Q q 0 0 0 rg BT 514.77 687.43 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 672.42 Td (Buildings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 672.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 672.42 Td (7,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 672.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 672.42 Td (7,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 657.42 Td (Land) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 657.42 Td (1,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 657.42 Td (1,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 642.42 Td (Building improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 642.42 Td (8,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 642.42 Td (7,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 627.42 Td (Leasehold improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 627.42 Td (171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 627.42 Td (140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 612.42 Td (Internal use software) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 612.42 Td (1) Tj ET Q q 0 0 0 rg BT 437.15 612.42 Td (1,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 612.42 Td (9,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 597.42 Td (Computer equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 597.42 Td (1,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 597.42 Td (1,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 582.42 Td (Furniture and other of) Tj ET Q q 0 0 0 rg BT 139.94 582.42 Td (fice equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 582.42 Td (2,832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 582.42 Td (2,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 567.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 567.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 567.42 Td (34,159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 567.42 Td (30,919) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 552.42 Td (Accumulated depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.80 552.47 Td (\(7,159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 552.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 552.47 Td (\(6,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 552.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 537.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 537.42 Td (otal property and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 537.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 537.42 Td (27,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 537.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 537.42 Td (24,439) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.25 Td (Depreciation ) Tj ET Q q 0 0 0 rg BT 103.86 516.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 138.28 516.25 Td (and ) Tj ET Q q 0 0 0 rg BT 154.94 516.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 207.70 516.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.47 516.25 Td ($678,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.97 516.25 Td ( ) Tj ET Q q 0 0 0 rg BT 265.18 516.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.84 516.25 Td ($273,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.34 516.25 Td ( ) Tj ET Q q 0 0 0 rg BT 321.56 516.25 Td (for ) Tj ET Q q 0 0 0 rg BT 335.44 516.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.87 516.25 Td (three ) Tj ET Q q 0 0 0 rg BT 372.08 516.25 Td (month ) Tj ET Q q 0 0 0 rg BT 399.85 516.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 431.51 516.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 457.60 516.25 Td (March ) Tj ET Q q 0 0 0 rg BT 485.92 516.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 500.64 516.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 522.86 516.25 Td (and ) Tj ET Q q 0 0 0 rg BT 539.51 516.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.51 516.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 504.25 Td (. ) Tj ET Q q 0 0 0 rg BT 102.66 504.25 Td (For ) Tj ET Q q 0 0 0 rg BT 119.05 504.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.77 504.25 Td (year ) Tj ET Q q 0 0 0 rg BT 153.48 504.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 179.85 504.25 Td (December ) Tj ET Q q 0 0 0 rg BT 223.44 504.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 238.44 504.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.44 504.25 Td (, ) Tj ET Q q 0 0 0 rg BT 263.44 504.25 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 315.36 504.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 350.06 504.25 Td (and ) Tj ET Q q 0 0 0 rg BT 367.00 504.25 Td (amortization ) Tj ET Q q 0 0 0 rg BT 420.04 504.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.09 504.25 Td ($1.4 ) Tj ET Q q 0 0 0 rg BT 458.09 504.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.98 504.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.25 Td (During ) Tj ET Q q 0 0 0 rg BT 81.53 487.25 Td (the ) Tj ET Q q 0 0 0 rg BT 96.95 487.25 Td (year ) Tj ET Q q 0 0 0 rg BT 117.35 487.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 144.43 487.25 Td (December ) Tj ET Q q 0 0 0 rg BT 188.71 487.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 204.41 487.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 229.41 487.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 253.71 487.25 Td (purchased ) Tj ET Q q 0 0 0 rg BT 297.45 487.25 Td (a ) Tj ET Q q 0 0 0 rg BT 305.09 487.25 Td (building ) Tj ET Q q 0 0 0 rg BT 341.62 487.25 Td (and ) Tj ET Q q 0 0 0 rg BT 359.26 487.25 Td (land ) Tj ET Q q 0 0 0 rg BT 379.68 487.25 Td (to ) Tj ET Q q 0 0 0 rg BT 390.66 487.25 Td (serve ) Tj ET Q q 0 0 0 rg BT 414.96 487.25 Td (as ) Tj ET Q q 0 0 0 rg BT 426.48 487.25 Td (its ) Tj ET Q q 0 0 0 rg BT 439.13 487.25 Td (new ) Tj ET Q q 0 0 0 rg BT 458.99 487.25 Td (corporate ) Tj ET Q q 0 0 0 rg BT 499.95 487.25 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 554.23 487.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.25 Td (replace ) Tj ET Q q 0 0 0 rg BT 83.08 475.25 Td (its ) Tj ET Q q 0 0 0 rg BT 96.74 475.25 Td (former ) Tj ET Q q 0 0 0 rg BT 128.16 475.25 Td (leased ) Tj ET Q q 0 0 0 rg BT 157.36 475.25 Td (of) Tj ET Q q 0 0 0 rg BT 165.51 475.25 Td (fice ) Tj ET Q q 0 0 0 rg BT 184.71 475.25 Td (space. ) Tj ET Q q 0 0 0 rg BT 212.70 475.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 236.39 475.25 Td ( ) Tj ET Q q 0 0 0 rg BT 240.61 475.25 Td (Chicago ) Tj ET Q q 0 0 0 rg BT 278.15 475.25 Td (area ) Tj ET Q q 0 0 0 rg BT 299.01 475.25 Td (staf) Tj ET Q q 0 0 0 rg BT 313.26 475.25 Td (f ) Tj ET Q q 0 0 0 rg BT 320.81 475.25 Td (moved ) Tj ET Q q 0 0 0 rg BT 352.24 475.25 Td (into ) Tj ET Q q 0 0 0 rg BT 372.01 475.25 Td (this ) Tj ET Q q 0 0 0 rg BT 390.67 475.25 Td (space ) Tj ET Q q 0 0 0 rg BT 417.09 475.25 Td (in ) Tj ET Q q 0 0 0 rg BT 429.08 475.25 Td (late ) Tj ET Q q 0 0 0 rg BT 447.73 475.25 Td (October ) Tj ET Q q 0 0 0 rg BT 484.15 475.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 508.37 475.25 Td (and ) Tj ET Q q 0 0 0 rg BT 527.02 475.25 Td (occupies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.68 463.25 Td (70,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.18 463.25 Td ( ) Tj ET Q q 0 0 0 rg BT 139.09 463.25 Td (square ) Tj ET Q q 0 0 0 rg BT 167.11 463.25 Td (feet ) Tj ET Q q 0 0 0 rg BT 184.01 463.25 Td (on ) Tj ET Q q 0 0 0 rg BT 195.93 463.25 Td (the ) Tj ET Q q 0 0 0 rg BT 210.06 463.25 Td (second ) Tj ET Q q 0 0 0 rg BT 239.74 463.25 Td (and ) Tj ET Q q 0 0 0 rg BT 256.10 463.25 Td (third ) Tj ET Q q 0 0 0 rg BT 276.90 463.25 Td (floors ) Tj ET Q q 0 0 0 rg BT 302.15 463.25 Td (of ) Tj ET Q q 0 0 0 rg BT 312.40 463.25 Td (the ) Tj ET Q q 0 0 0 rg BT 326.53 463.25 Td (building. ) Tj ET Q q 0 0 0 rg BT 364.28 463.25 Td ( ) Tj ET Q q 0 0 0 rg BT 365.77 463.25 Td (An ) Tj ET Q q 0 0 0 rg BT 379.91 463.25 Td (unrelated ) Tj ET Q q 0 0 0 rg BT 419.03 463.25 Td (tenant ) Tj ET Q q 0 0 0 rg BT 445.38 463.25 Td (occupies ) Tj ET Q q 0 0 0 rg BT 482.28 463.25 Td (the ) Tj ET Q q 0 0 0 rg BT 496.42 463.25 Td (remaining ) Tj ET Q q 0 0 0 rg BT 538.87 463.25 Td (of) Tj ET Q q 0 0 0 rg BT 547.02 463.25 Td (fice ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (space ) Tj ET Q q 0 0 0 rg BT 74.38 451.25 Td (on ) Tj ET Q q 0 0 0 rg BT 86.55 451.25 Td (the ) Tj ET Q q 0 0 0 rg BT 100.93 451.25 Td (first ) Tj ET Q q 0 0 0 rg BT 119.21 451.25 Td (floor ) Tj ET Q q 0 0 0 rg BT 140.82 451.25 Td (of ) Tj ET Q q 0 0 0 rg BT 151.32 451.25 Td (the ) Tj ET Q q 0 0 0 rg BT 165.70 451.25 Td (building. ) Tj ET Q q 0 0 0 rg BT 203.71 451.25 Td (Rental ) Tj ET Q q 0 0 0 rg BT 231.98 451.25 Td (income ) Tj ET Q q 0 0 0 rg BT 263.58 451.25 Td (related ) Tj ET Q q 0 0 0 rg BT 292.96 451.25 Td (to ) Tj ET Q q 0 0 0 rg BT 302.90 451.25 Td (this ) Tj ET Q q 0 0 0 rg BT 319.52 451.25 Td (lease ) Tj ET Q q 0 0 0 rg BT 341.68 451.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 385.49 451.25 Td (for ) Tj ET Q q 0 0 0 rg BT 399.32 451.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.70 451.25 Td (three ) Tj ET Q q 0 0 0 rg BT 435.86 451.25 Td (month ) Tj ET Q q 0 0 0 rg BT 463.58 451.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 495.19 451.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 521.24 451.25 Td (March ) Tj ET Q q 0 0 0 rg BT 549.50 451.25 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 72.29 439.25 Td (and ) Tj ET Q q 0 0 0 rg BT 89.01 439.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.01 439.25 Td ( ) Tj ET Q q 0 0 0 rg BT 111.30 439.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.14 439.25 Td ($163,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.64 439.25 Td ( ) Tj ET Q q 0 0 0 rg BT 168.93 439.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.65 439.25 Td ($104,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.15 439.25 Td (, ) Tj ET Q q 0 0 0 rg BT 227.94 439.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 275.60 439.25 Td (. ) Tj ET Q q 0 0 0 rg BT 280.39 439.25 Td (Depreciation ) Tj ET Q q 0 0 0 rg BT 334.32 439.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 368.81 439.25 Td (related ) Tj ET Q q 0 0 0 rg BT 398.30 439.25 Td (to ) Tj ET Q q 0 0 0 rg BT 408.37 439.25 Td (the ) Tj ET Q q 0 0 0 rg BT 422.87 439.25 Td (building ) Tj ET Q q 0 0 0 rg BT 458.50 439.25 Td (and ) Tj ET Q q 0 0 0 rg BT 475.22 439.25 Td (its ) Tj ET Q q 0 0 0 rg BT 486.96 439.25 Td (improvements ) Tj ET Q q 0 0 0 rg BT 546.46 439.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.25 Td ($261,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 427.25 Td ( ) Tj ET Q q 0 0 0 rg BT 90.02 427.25 Td (for ) Tj ET Q q 0 0 0 rg BT 104.20 427.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.94 427.25 Td (three ) Tj ET Q q 0 0 0 rg BT 141.45 427.25 Td (month ) Tj ET Q q 0 0 0 rg BT 169.52 427.25 Td (period ) Tj ET Q q 0 0 0 rg BT 197.59 427.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 223.99 427.25 Td (March ) Tj ET Q q 0 0 0 rg BT 252.61 427.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 267.63 427.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.63 427.25 Td (. ) Tj ET Q q 0 0 0 rg BT 292.47 427.25 Td (There ) Tj ET Q q 0 0 0 rg BT 318.31 427.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.38 427.25 Td ($171,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.88 427.25 Td ( ) Tj ET Q q 0 0 0 rg BT 376.40 427.25 Td (of ) Tj ET Q q 0 0 0 rg BT 387.25 427.25 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 439.19 427.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 473.92 427.25 Td (related ) Tj ET Q q 0 0 0 rg BT 503.64 427.25 Td (to ) Tj ET Q q 0 0 0 rg BT 513.94 427.25 Td (the ) Tj ET Q q 0 0 0 rg BT 528.68 427.25 Td (building ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 415.25 Td (its ) Tj ET Q q 0 0 0 rg BT 78.89 415.25 Td (improvements ) Tj ET Q q 0 0 0 rg BT 138.60 415.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 176.07 415.25 Td (for ) Tj ET Q q 0 0 0 rg BT 190.23 415.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.95 415.25 Td (year ) Tj ET Q q 0 0 0 rg BT 224.66 415.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 251.04 415.25 Td (December ) Tj ET Q q 0 0 0 rg BT 294.62 415.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 309.62 415.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.62 415.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 393.25 Td (10. REINSURANCE CEDED) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (As ) Tj ET Q q 0 0 0 rg BT 64.43 376.25 Td (is ) Tj ET Q q 0 0 0 rg BT 74.41 376.25 Td (customary ) Tj ET Q q 0 0 0 rg BT 119.37 376.25 Td (in ) Tj ET Q q 0 0 0 rg BT 130.46 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.99 376.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 187.62 376.25 Td (industry) Tj ET Q q 0 0 0 rg BT 219.75 376.25 Td (, ) Tj ET Q q 0 0 0 rg BT 224.83 376.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 249.25 376.25 Td (reinsures ) Tj ET Q q 0 0 0 rg BT 288.66 376.25 Td (portions ) Tj ET Q q 0 0 0 rg BT 324.75 376.25 Td (of ) Tj ET Q q 0 0 0 rg BT 336.39 376.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 366.91 376.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 408.54 376.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 442.95 376.25 Td (it ) Tj ET Q q 0 0 0 rg BT 451.82 376.25 Td (writes, ) Tj ET Q q 0 0 0 rg BT 482.07 376.25 Td (thereby ) Tj ET Q q 0 0 0 rg BT 515.37 376.25 Td (providing ) Tj ET Q q 0 0 0 rg BT 557.57 376.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (greater ) Tj ET Q q 0 0 0 rg BT 81.06 364.25 Td (diversification ) Tj ET Q q 0 0 0 rg BT 142.12 364.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.75 364.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 172.05 364.25 Td (and ) Tj ET Q q 0 0 0 rg BT 189.79 364.25 Td (minimizing ) Tj ET Q q 0 0 0 rg BT 239.20 364.25 Td (exposure ) Tj ET Q q 0 0 0 rg BT 278.60 364.25 Td (on ) Tj ET Q q 0 0 0 rg BT 291.91 364.25 Td (lar) Tj ET Q q 0 0 0 rg BT 302.27 364.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 318.34 364.25 Td (risks. ) Tj ET Q q 0 0 0 rg BT 342.31 364.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 366.72 364.25 Td (remains ) Tj ET Q q 0 0 0 rg BT 401.68 364.25 Td (contingently ) Tj ET Q q 0 0 0 rg BT 454.97 364.25 Td (at ) Tj ET Q q 0 0 0 rg BT 465.49 364.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 483.79 364.25 Td (with ) Tj ET Q q 0 0 0 rg BT 504.87 364.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 536.49 364.25 Td (to ) Tj ET Q q 0 0 0 rg BT 547.57 364.25 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 99.74 352.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 126.70 352.25 Td (and ) Tj ET Q q 0 0 0 rg BT 144.79 352.25 Td (would ) Tj ET Q q 0 0 0 rg BT 173.44 352.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 197.64 352.25 Td (an ) Tj ET Q q 0 0 0 rg BT 210.73 352.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 254.37 352.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 273.59 352.25 Td (if ) Tj ET Q q 0 0 0 rg BT 283.35 352.25 Td (an ) Tj ET Q q 0 0 0 rg BT 296.44 352.25 Td (assuming ) Tj ET Q q 0 0 0 rg BT 337.87 352.25 Td (company ) Tj ET Q q 0 0 0 rg BT 378.17 352.25 Td (were ) Tj ET Q q 0 0 0 rg BT 401.25 352.25 Td (unable ) Tj ET Q q 0 0 0 rg BT 431.56 352.25 Td (to ) Tj ET Q q 0 0 0 rg BT 442.99 352.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 466.07 352.25 Td (its ) Tj ET Q q 0 0 0 rg BT 479.17 352.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 523.38 352.25 Td (under ) Tj ET Q q 0 0 0 rg BT 549.80 352.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 98.58 340.25 Td (treaty) Tj ET Q q 0 0 0 rg BT 120.70 340.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.54 323.25 Td (monitors ) Tj ET Q q 0 0 0 rg BT 111.52 323.25 Td (the ) Tj ET Q q 0 0 0 rg BT 126.17 323.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 163.58 323.25 Td (condition ) Tj ET Q q 0 0 0 rg BT 203.78 323.25 Td (of ) Tj ET Q q 0 0 0 rg BT 214.54 323.25 Td (its ) Tj ET Q q 0 0 0 rg BT 226.41 323.25 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 268.27 323.25 Td (to ) Tj ET Q q 0 0 0 rg BT 278.48 323.25 Td (minimize ) Tj ET Q q 0 0 0 rg BT 318.67 323.25 Td (its ) Tj ET Q q 0 0 0 rg BT 330.55 323.25 Td (exposure ) Tj ET Q q 0 0 0 rg BT 369.08 323.25 Td (to ) Tj ET Q q 0 0 0 rg BT 379.28 323.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 423.92 323.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 450.24 323.25 Td (from ) Tj ET Q q 0 0 0 rg BT 472.11 323.25 Td (reinsurer ) Tj ET Q q 0 0 0 rg BT 510.07 323.25 Td (insolvencies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.25 Td (Letters ) Tj ET Q q 0 0 0 rg BT 79.51 311.25 Td (of ) Tj ET Q q 0 0 0 rg BT 89.58 311.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 114.09 311.25 Td (are ) Tj ET Q q 0 0 0 rg BT 128.04 311.25 Td (maintained ) Tj ET Q q 0 0 0 rg BT 174.22 311.25 Td (for ) Tj ET Q q 0 0 0 rg BT 187.62 311.25 Td (any ) Tj ET Q q 0 0 0 rg BT 203.80 311.25 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 257.75 311.25 Td (reinsurer ) Tj ET Q q 0 0 0 rg BT 295.03 311.25 Td (to ) Tj ET Q q 0 0 0 rg BT 304.56 311.25 Td (cover ) Tj ET Q q 0 0 0 rg BT 328.51 311.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 353.57 311.25 Td (unearned ) Tj ET Q q 0 0 0 rg BT 391.96 311.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 429.81 311.25 Td (reserves, ) Tj ET Q q 0 0 0 rg BT 466.81 311.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 491.87 311.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 519.72 311.25 Td (and ) Tj ET Q q 0 0 0 rg BT 535.90 311.25 Td (claims ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 97.15 299.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 132.62 299.25 Td (reserve ) Tj ET Q q 0 0 0 rg BT 164.76 299.25 Td (balances ) Tj ET Q q 0 0 0 rg BT 202.45 299.25 Td (and ) Tj ET Q q 0 0 0 rg BT 220.15 299.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 246.73 299.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 267.22 299.25 Td (claims. ) Tj ET Q q 0 0 0 rg BT 298.85 299.25 Td (These ) Tj ET Q q 0 0 0 rg BT 325.99 299.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 360.36 299.25 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 396.40 299.25 Td (the ) Tj ET Q q 0 0 0 rg BT 411.88 299.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 430.15 299.25 Td (of ) Tj ET Q q 0 0 0 rg BT 441.75 299.25 Td (credit ) Tj ET Q q 0 0 0 rg BT 467.78 299.25 Td (quality ) Tj ET Q q 0 0 0 rg BT 498.82 299.25 Td (or ) Tj ET Q q 0 0 0 rg BT 510.41 299.25 Td (dispute ) Tj ET Q q 0 0 0 rg BT 542.57 299.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.25 Td (becoming ) Tj ET Q q 0 0 0 rg BT 90.81 287.25 Td (a ) Tj ET Q q 0 0 0 rg BT 96.63 287.25 Td (danger ) Tj ET Q q 0 0 0 rg BT 125.22 287.25 Td (to ) Tj ET Q q 0 0 0 rg BT 134.38 287.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 170.74 287.25 Td (strength. ) Tj ET Q q 0 0 0 rg BT 206.74 287.25 Td (T) Tj ET Q q 0 0 0 rg BT 212.15 287.25 Td (o ) Tj ET Q q 0 0 0 rg BT 218.53 287.25 Td (date, ) Tj ET Q q 0 0 0 rg BT 239.07 287.25 Td (the ) Tj ET Q q 0 0 0 rg BT 252.66 287.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 292.93 287.25 Td (has ) Tj ET Q q 0 0 0 rg BT 307.64 287.25 Td (not ) Tj ET Q q 0 0 0 rg BT 321.80 287.25 Td (experienced ) Tj ET Q q 0 0 0 rg BT 371.48 287.25 Td (any ) Tj ET Q q 0 0 0 rg BT 387.30 287.25 Td (material ) Tj ET Q q 0 0 0 rg BT 421.44 287.25 Td (dif) Tj ET Q q 0 0 0 rg BT 432.37 287.25 Td (ficulties ) Tj ET Q q 0 0 0 rg BT 465.96 287.25 Td (in ) Tj ET Q q 0 0 0 rg BT 475.12 287.25 Td (collecting ) Tj ET Q q 0 0 0 rg BT 515.93 287.25 Td (reinsurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.25 Td (recoverables.) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 93.30 742.10 Td (written, ) Tj ET Q q 0 0 0 rg BT 126.87 742.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 169.61 742.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 199.00 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 216.19 742.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 252.82 742.10 Td (related ) Tj ET Q q 0 0 0 rg BT 282.77 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 293.29 742.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 342.12 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 353.20 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 364.27 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 381.46 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 395.86 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.83 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 433.56 742.10 Td (month ) Tj ET Q q 0 0 0 rg BT 461.86 742.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 494.04 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 520.67 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 549.51 742.10 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 72.50 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 89.44 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 111.94 730.10 Td (are ) Tj ET Q q 0 0 0 rg BT 126.65 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 137.48 730.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 169.98 730.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 180.81 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 191.08 730.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 685.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 685.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 685.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 655.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 655.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 655.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 625.60 362.00 -6.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 625.60 75.00 -6.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 625.60 75.00 -6.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 604.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 604.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 574.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 574.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 574.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 547.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 547.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 547.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 714.6 m 487.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 699.6 m 487.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 714.6 m 562.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 699.6 m 562.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 699.6 m 487.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 685.6 m 487.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 699.6 m 562.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 685.6 m 562.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 685.6 m 487.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 685.6 m 562.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 640.6 m 487.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 625.6 m 487.5 625.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 640.6 m 562.5 640.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 625.6 m 562.5 625.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 574.6 m 487.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 559.6 m 487.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 574.6 m 562.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 559.6 m 562.5 559.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.10 704.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 442.68 704.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.40 690.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.19 690.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.40 690.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 510.10 690.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 675.27 Td (Direct premiums written) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 675.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 675.27 Td (85,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 675.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 675.27 Td (91,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 660.27 Td (Assumed premiums written) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 660.27 Td (9,879) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 660.27 Td (7,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 645.27 Td (Ceded premiums written) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 645.32 Td (\(13,403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 645.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 645.32 Td (\(12,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 645.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 630.27 Td (Net premiums written) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 630.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 630.27 Td (82,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 630.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 630.27 Td (85,633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 609.27 Td (Direct premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 609.27 Td (63,124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 609.27 Td (58,365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 594.27 Td (Assumed premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 594.27 Td (4,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 594.27 Td (1,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.27 Td (Ceded premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 579.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 461.13 579.32 Td (1,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 579.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 579.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 579.32 Td (1,596) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 579.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 564.27 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 564.27 Td (55,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 564.27 Td (48,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 537.27 Td (Ceded claims and claims adjustment expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 537.27 Td (8,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 537.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 537.27 Td (3,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 522.27 Td (Ceding commissions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 522.27 Td (4,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 522.27 Td (3,700) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 496.10 Td (1) Tj ET Q q 0 0 0 rg BT 72.45 496.10 Td (1. CLAIMS LIABILITIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (Unpaid ) Tj ET Q q 0 0 0 rg BT 84.18 479.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 113.90 479.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.52 479.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 162.24 479.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 213.08 479.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.01 462.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 102.69 462.10 Td (in ) Tj ET Q q 0 0 0 rg BT 112.93 462.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.61 462.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 167.86 462.10 Td (for ) Tj ET Q q 0 0 0 rg BT 181.98 462.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 211.67 462.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 240.23 462.10 Td (and ) Tj ET Q q 0 0 0 rg BT 257.14 462.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 285.71 462.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 332.06 462.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 373.12 462.10 Td (net ) Tj ET Q q 0 0 0 rg BT 387.80 462.10 Td (of ) Tj ET Q q 0 0 0 rg BT 398.60 462.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 434.95 462.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 484.05 462.10 Td (from ) Tj ET Q q 0 0 0 rg BT 505.95 462.10 Td (reinsurers, ) Tj ET Q q 0 0 0 rg BT 550.35 462.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 450.10 Td (three ) Tj ET Q q 0 0 0 rg BT 87.20 450.10 Td (month ) Tj ET Q q 0 0 0 rg BT 115.26 450.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 147.20 450.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 173.57 450.10 Td (March ) Tj ET Q q 0 0 0 rg BT 202.17 450.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 217.17 450.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 239.67 450.10 Td (and ) Tj ET Q q 0 0 0 rg BT 256.61 450.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.61 450.10 Td ( ) Tj ET Q q 0 0 0 rg BT 279.11 450.10 Td (were ) Tj ET Q q 0 0 0 rg BT 301.04 450.10 Td (as ) Tj ET Q q 0 0 0 rg BT 311.87 450.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 344.37 450.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 355.20 450.10 Td (in ) Tj ET Q q 0 0 0 rg BT 365.48 450.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 406.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 406.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 406.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 376.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 376.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 376.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 346.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 346.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 346.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 316.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 316.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 316.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 286.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 286.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 256.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 256.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 256.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 226.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 226.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 226.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 196.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 196.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 196.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 166.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 166.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 166.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 136.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 136.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 136.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 434.6 m 487.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 420.6 m 487.5 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 434.6 m 562.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 420.6 m 562.5 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 420.6 m 487.5 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 406.6 m 487.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 420.6 m 562.5 420.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 406.6 m 562.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 406.6 m 487.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 406.6 m 562.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 376.6 m 487.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 376.6 m 562.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 376.6 m 562.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 271.6 m 487.5 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 271.6 m 562.5 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 271.6 m 487.5 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 271.6 m 562.5 271.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 196.60000000000002 m 487.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 196.60000000000002 m 562.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 136.60000000000002 m 487.5 136.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 122.60000000000002 m 487.5 122.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 120.60000000000002 m 487.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 136.60000000000002 m 562.5 136.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 122.60000000000002 m 562.5 122.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 120.60000000000002 m 562.5 120.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.10 425.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 442.68 425.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.40 411.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.19 411.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.40 411.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 510.10 411.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 396.27 Td (Unpaid claims and claims adjustment expenses, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 396.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 396.27 Td (21) Tj ET Q q 0 0 0 rg BT 461.15 396.27 Td (1,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 396.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 396.27 Td (139,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 381.27 Td (Less: reinsurance recoverable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 381.27 Td (53,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 381.27 Td (35,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 366.27 Td (Net unpaid claims and claims adjustment expenses, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 366.27 Td (158,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 366.27 Td (103,634) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 336.27 Td (Change in retroactive reinsurance ceded) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 336.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 336.32 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 336.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 306.27 Td (Incurred related to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 291.27 Td (Current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 291.27 Td (33,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 291.27 Td (29,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 276.27 Td (Prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 276.27 Td (1,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 276.27 Td (287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 261.27 Td (35,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 261.27 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 231.27 Td (Paid related to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.27 Td (Current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 216.27 Td (7,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 216.27 Td (5,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 201.27 Td (Prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 201.27 Td (33,565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 201.27 Td (32,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 186.27 Td (40,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 186.27 Td (38,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 156.27 Td (Net unpaid claims and claims adjustment expenses, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 156.27 Td (152,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 156.27 Td (94,748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 141.27 Td (Add: reinsurance recoverable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 141.27 Td (52,316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 141.27 Td (33,223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 126.27 Td (Unpaid claims and claims adjustment expenses, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 126.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 126.27 Td (204,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 126.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 126.27 Td (127,971) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.88 105.10 Td (process ) Tj ET Q q 0 0 0 rg BT 100.20 105.10 Td (of ) Tj ET Q q 0 0 0 rg BT 110.86 105.10 Td (establishing ) Tj ET Q q 0 0 0 rg BT 160.97 105.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.52 105.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 216.17 105.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 256.28 105.10 Td (for ) Tj ET Q q 0 0 0 rg BT 270.27 105.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 299.82 105.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 328.25 105.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.02 105.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 373.46 105.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 419.67 105.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 458.10 105.10 Td (is ) Tj ET Q q 0 0 0 rg BT 467.10 105.10 Td (complex ) Tj ET Q q 0 0 0 rg BT 503.87 105.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.64 105.10 Td (imprecise, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.68 93.10 Td (it ) Tj ET Q q 0 0 0 rg BT 68.58 93.10 Td (relies ) Tj ET Q q 0 0 0 rg BT 92.58 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 104.93 93.10 Td (the ) Tj ET Q q 0 0 0 rg BT 119.49 93.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 159.61 93.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.39 93.10 Td (opinions ) Tj ET Q q 0 0 0 rg BT 213.19 93.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.86 93.10 Td (a ) Tj ET Q q 0 0 0 rg BT 230.65 93.10 Td (lar) Tj ET Q q 0 0 0 rg BT 241.02 93.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 252.80 93.10 Td (number ) Tj ET Q q 0 0 0 rg BT 285.69 93.10 Td (of ) Tj ET Q q 0 0 0 rg BT 296.37 93.10 Td (individuals, ) Tj ET Q q 0 0 0 rg BT 345.66 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 358.01 93.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 397.56 93.10 Td (precedent ) Tj ET Q q 0 0 0 rg BT 438.77 93.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.56 93.10 Td (trends, ) Tj ET Q q 0 0 0 rg BT 484.84 93.10 Td (on ) Tj ET Q q 0 0 0 rg BT 497.19 93.10 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 540.08 93.10 Td (legal, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.10 Td (economic, ) Tj ET Q q 0 0 0 rg BT 93.87 81.10 Td (social ) Tj ET Q q 0 0 0 rg BT 119.70 81.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.64 81.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 180.23 81.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 207.17 81.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.11 81.10 Td (on ) Tj ET Q q 0 0 0 rg BT 236.61 81.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 289.09 81.10 Td (as ) Tj ET Q q 0 0 0 rg BT 299.92 81.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.20 81.10 Td (future ) Tj ET Q q 0 0 0 rg BT 336.57 81.10 Td (developments. ) Tj ET Q endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.52 742.10 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 117.24 742.10 Td (development ) Tj ET Q q 0 0 0 rg BT 170.86 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 184.49 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.68 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 220.63 742.10 Td (month ) Tj ET Q q 0 0 0 rg BT 248.16 742.10 Td (period ) Tj ET Q q 0 0 0 rg BT 275.68 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 301.53 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 329.59 742.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 344.06 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.06 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 366.04 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 382.44 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.63 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 418.59 742.10 Td (month ) Tj ET Q q 0 0 0 rg BT 446.11 742.10 Td (period ) Tj ET Q q 0 0 0 rg BT 473.63 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 499.48 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 527.55 742.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.02 742.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.17 730.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 122.79 730.10 Td (from ) Tj ET Q q 0 0 0 rg BT 143.76 730.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 167.46 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 169.42 730.10 Td (participation ) Tj ET Q q 0 0 0 rg BT 221.92 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 231.66 730.10 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 290.28 730.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 326.68 730.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 343.64 730.10 Td (pools ) Tj ET Q q 0 0 0 rg BT 367.28 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 383.68 730.10 Td (run-of) Tj ET Q q 0 0 0 rg BT 408.49 730.10 Td (f ) Tj ET Q q 0 0 0 rg BT 413.78 730.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 462.94 730.10 Td (auto. ) Tj ET Q q 0 0 0 rg BT 484.19 730.10 Td (Assigned ) Tj ET Q q 0 0 0 rg BT 523.37 730.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 540.33 730.10 Td (pools ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (are ) Tj ET Q q 0 0 0 rg BT 64.71 718.10 Td (established ) Tj ET Q q 0 0 0 rg BT 111.64 718.10 Td (by ) Tj ET Q q 0 0 0 rg BT 124.14 718.10 Td (state ) Tj ET Q q 0 0 0 rg BT 144.97 718.10 Td (governments ) Tj ET Q q 0 0 0 rg BT 199.12 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 209.40 718.10 Td (cover ) Tj ET Q q 0 0 0 rg BT 234.11 718.10 Td (high-risk ) Tj ET Q q 0 0 0 rg BT 272.71 718.10 Td (insureds ) Tj ET Q q 0 0 0 rg BT 308.54 718.10 Td (who ) Tj ET Q q 0 0 0 rg BT 328.27 718.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 357.42 718.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 395.46 718.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 436.27 718.10 Td (through ) Tj ET Q q 0 0 0 rg BT 469.88 718.10 Td (conventional ) Tj ET Q q 0 0 0 rg BT 524.03 718.10 Td (means. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 696.10 Td (12. SHARE-BASED COMPENSA) Tj ET Q q 0 0 0 rg BT 215.61 696.10 Td (TION ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 679.10 Td (On ) Tj ET Q q 0 0 0 rg BT 65.35 679.10 Td (January ) Tj ET Q q 0 0 0 rg BT 99.58 679.10 Td (6, ) Tj ET Q q 0 0 0 rg BT 110.21 679.10 Td (201) Tj ET Q q 0 0 0 rg BT 124.84 679.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 134.78 679.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 159.02 679.10 Td (adopted ) Tj ET Q q 0 0 0 rg BT 193.81 679.10 Td (a ) Tj ET Q q 0 0 0 rg BT 201.38 679.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 225.62 679.10 Td (option ) Tj ET Q q 0 0 0 rg BT 254.31 679.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 274.66 679.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 293.33 679.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 323.68 679.10 Td (Option ) Tj ET Q q 0 0 0 rg BT 354.59 679.10 Td (Plan\) ) Tj ET Q q 0 0 0 rg BT 383.27 679.10 Td (in ) Tj ET Q q 0 0 0 rg BT 394.18 679.10 Td (order ) Tj ET Q q 0 0 0 rg BT 418.41 679.10 Td (to ) Tj ET Q q 0 0 0 rg BT 429.32 679.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 465.20 679.10 Td (the ) Tj ET Q q 0 0 0 rg BT 480.55 679.10 Td (interests ) Tj ET Q q 0 0 0 rg BT 517.01 679.10 Td (of ) Tj ET Q q 0 0 0 rg BT 527.78 679.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 552.02 679.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 667.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 90.73 667.10 Td (incentives ) Tj ET Q q 0 0 0 rg BT 133.11 667.10 Td (to ) Tj ET Q q 0 0 0 rg BT 142.73 667.10 Td (eligible ) Tj ET Q q 0 0 0 rg BT 174.56 667.10 Td (persons ) Tj ET Q q 0 0 0 rg BT 206.95 667.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 238.78 667.10 Td (in ) Tj ET Q q 0 0 0 rg BT 248.40 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 262.46 667.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 284.01 667.10 Td ( ) Tj ET Q q 0 0 0 rg BT 285.85 667.10 Td (In ) Tj ET Q q 0 0 0 rg BT 296.03 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 310.08 667.10 Td (second ) Tj ET Q q 0 0 0 rg BT 339.69 667.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 369.85 667.10 Td (of ) Tj ET Q q 0 0 0 rg BT 380.02 667.10 Td (2013, ) Tj ET Q q 0 0 0 rg BT 404.36 667.10 Td (a ) Tj ET Q q 0 0 0 rg BT 410.64 667.10 Td (new ) Tj ET Q q 0 0 0 rg BT 429.14 667.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 455.98 667.10 Td (incentive ) Tj ET Q q 0 0 0 rg BT 494.47 667.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 513.53 667.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 530.91 667.10 Td (Equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 655.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 89.27 655.10 Td (Plan\) ) Tj ET Q q 0 0 0 rg BT 116.89 655.10 Td (was ) Tj ET Q q 0 0 0 rg BT 134.51 655.10 Td (approved ) Tj ET Q q 0 0 0 rg BT 173.79 655.10 Td (by ) Tj ET Q q 0 0 0 rg BT 185.85 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.14 655.10 Td (Company) Tj ET Q q 0 0 0 rg BT 241.81 655.10 Td (s ) Tj ET Q q 0 0 0 rg BT 247.77 655.10 Td (common ) Tj ET Q q 0 0 0 rg BT 284.83 655.10 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 337.44 655.10 Td (at ) Tj ET Q q 0 0 0 rg BT 346.72 655.10 Td (the ) Tj ET Q q 0 0 0 rg BT 360.55 655.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 392.06 655.10 Td (General ) Tj ET Q q 0 0 0 rg BT 425.78 655.10 Td (Meeting, ) Tj ET Q q 0 0 0 rg BT 463.67 655.10 Td (and ) Tj ET Q q 0 0 0 rg BT 479.72 655.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 502.90 655.10 Td (ceased ) Tj ET Q q 0 0 0 rg BT 531.61 655.10 Td (to ) Tj ET Q q 0 0 0 rg BT 541.46 655.10 Td (grant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.10 Td (new ) Tj ET Q q 0 0 0 rg BT 69.75 643.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 93.96 643.10 Td (options ) Tj ET Q q 0 0 0 rg BT 126.50 643.10 Td (under ) Tj ET Q q 0 0 0 rg BT 152.36 643.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.67 643.10 Td (preceding ) Tj ET Q q 0 0 0 rg BT 210.19 643.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 236.06 643.10 Td (Option ) Tj ET Q q 0 0 0 rg BT 266.93 643.10 Td (Plan. ) Tj ET Q q 0 0 0 rg BT 290.08 643.10 Td (The ) Tj ET Q q 0 0 0 rg BT 308.72 643.10 Td (Equity ) Tj ET Q q 0 0 0 rg BT 338.48 643.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 378.77 643.10 Td (Plan ) Tj ET Q q 0 0 0 rg BT 399.64 643.10 Td (is ) Tj ET Q q 0 0 0 rg BT 409.41 643.10 Td (a ) Tj ET Q q 0 0 0 rg BT 416.94 643.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 457.79 643.10 Td (based ) Tj ET Q q 0 0 0 rg BT 483.66 643.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 542.29 643.10 Td (plan, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 87.50 631.10 Td (to ) Tj ET Q q 0 0 0 rg BT 98.33 631.10 Td (which ) Tj ET Q q 0 0 0 rg BT 125.15 631.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 149.32 631.10 Td (may ) Tj ET Q q 0 0 0 rg BT 169.59 631.10 Td (issue ) Tj ET Q q 0 0 0 rg BT 192.65 631.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 232.90 631.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 257.07 631.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 284.56 631.10 Td (for ) Tj ET Q q 0 0 0 rg BT 299.28 631.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 336.21 631.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 364.83 631.10 Td (common ) Tj ET Q q 0 0 0 rg BT 402.88 631.10 Td (shares, ) Tj ET Q q 0 0 0 rg BT 433.43 631.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 473.69 631.10 Td (units, ) Tj ET Q q 0 0 0 rg BT 498.69 631.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 522.86 631.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 550.35 631.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 85.48 619.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 112.64 619.10 Td (common ) Tj ET Q q 0 0 0 rg BT 149.24 619.10 Td (shares, ) Tj ET Q q 0 0 0 rg BT 178.33 619.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 201.04 619.10 Td (options ) Tj ET Q q 0 0 0 rg BT 232.09 619.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.14 619.10 Td (other ) Tj ET Q q 0 0 0 rg BT 270.29 619.10 Td (forms ) Tj ET Q q 0 0 0 rg BT 295.22 619.10 Td (of ) Tj ET Q q 0 0 0 rg BT 305.15 619.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 331.75 619.10 Td (incentives ) Tj ET Q q 0 0 0 rg BT 373.89 619.10 Td (to ) Tj ET Q q 0 0 0 rg BT 383.28 619.10 Td (eligible ) Tj ET Q q 0 0 0 rg BT 414.87 619.10 Td (persons ) Tj ET Q q 0 0 0 rg BT 447.02 619.10 Td (as ) Tj ET Q q 0 0 0 rg BT 456.96 619.10 Td (part ) Tj ET Q q 0 0 0 rg BT 474.11 619.10 Td (of ) Tj ET Q q 0 0 0 rg BT 484.04 619.10 Td (their ) Tj ET Q q 0 0 0 rg BT 503.97 619.10 Td (compensation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.73 607.10 Td (Equity ) Tj ET Q q 0 0 0 rg BT 98.57 607.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 138.95 607.10 Td (Plan ) Tj ET Q q 0 0 0 rg BT 159.91 607.10 Td (is ) Tj ET Q q 0 0 0 rg BT 169.76 607.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 216.26 607.10 Td (an ) Tj ET Q q 0 0 0 rg BT 228.88 607.10 Td (amendment ) Tj ET Q q 0 0 0 rg BT 278.71 607.10 Td (and ) Tj ET Q q 0 0 0 rg BT 296.33 607.10 Td (restatement ) Tj ET Q q 0 0 0 rg BT 345.60 607.10 Td (of ) Tj ET Q q 0 0 0 rg BT 357.11 607.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.50 607.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 398.46 607.10 Td (Option ) Tj ET Q q 0 0 0 rg BT 429.42 607.10 Td (Plan, ) Tj ET Q q 0 0 0 rg BT 452.88 607.10 Td (although ) Tj ET Q q 0 0 0 rg BT 491.05 607.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 540.90 607.10 Td (stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (options ) Tj ET Q q 0 0 0 rg BT 81.95 595.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 109.45 595.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 146.39 595.10 Td (to ) Tj ET Q q 0 0 0 rg BT 156.67 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 171.38 595.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 196.66 595.10 Td (Option ) Tj ET Q q 0 0 0 rg BT 226.94 595.10 Td (Plan ) Tj ET Q q 0 0 0 rg BT 247.22 595.10 Td (will ) Tj ET Q q 0 0 0 rg BT 265.27 595.10 Td (continue ) Tj ET Q q 0 0 0 rg BT 302.21 595.10 Td (to ) Tj ET Q q 0 0 0 rg BT 312.49 595.10 Td (be ) Tj ET Q q 0 0 0 rg BT 324.42 595.10 Td (governed ) Tj ET Q q 0 0 0 rg BT 364.13 595.10 Td (by ) Tj ET Q q 0 0 0 rg BT 376.63 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.35 595.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 416.06 595.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.89 595.10 Td (the ) Tj ET Q q 0 0 0 rg BT 441.61 595.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 466.89 595.10 Td (Option ) Tj ET Q q 0 0 0 rg BT 497.17 595.10 Td (Plan. ) Tj ET Q q 0 0 0 rg BT 519.95 595.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 76.73 578.10 Td (options ) Tj ET Q q 0 0 0 rg BT 110.70 578.10 Td (- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.87 578.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 142.49 578.10 Td (option ) Tj ET Q q 0 0 0 rg BT 170.88 578.10 Td (activity ) Tj ET Q q 0 0 0 rg BT 203.71 578.10 Td (for ) Tj ET Q q 0 0 0 rg BT 218.22 578.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.27 578.10 Td (three ) Tj ET Q q 0 0 0 rg BT 256.10 578.10 Td (month ) Tj ET Q q 0 0 0 rg BT 284.50 578.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 316.78 578.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 343.49 578.10 Td (March ) Tj ET Q q 0 0 0 rg BT 372.43 578.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 387.77 578.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 410.62 578.10 Td (and ) Tj ET Q q 0 0 0 rg BT 427.89 578.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.89 578.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.74 578.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 483.58 578.10 Td (\(prices ) Tj ET Q q 0 0 0 rg BT 513.62 578.10 Td (in ) Tj ET Q q 0 0 0 rg BT 524.24 578.10 Td (Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (dollars ) Tj ET Q q 0 0 0 rg BT 79.72 566.10 Td (designated ) Tj ET Q q 0 0 0 rg BT 124.98 566.10 Td (with ) Tj ET Q q 0 0 0 rg BT 145.26 566.10 Td (C$ ) Tj ET Q q 0 0 0 rg BT 168.31 566.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.24 566.10 Td (United ) Tj ET Q q 0 0 0 rg BT 214.96 566.10 Td (States ) Tj ET Q q 0 0 0 rg BT 241.35 566.10 Td (dollars ) Tj ET Q q 0 0 0 rg BT 271.06 566.10 Td (designated ) Tj ET Q q 0 0 0 rg BT 316.33 566.10 Td (with ) Tj ET Q q 0 0 0 rg BT 336.61 566.10 Td (US$\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 498.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 498.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 498.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 498.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 498.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 468.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 468.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 468.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 468.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 468.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 371.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 371.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 371.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 371.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 371.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 341.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 341.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 341.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 341.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 341.60 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 550.6 m 339.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 535.6 m 339.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 550.6 m 413.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 550.6 m 487.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 550.6 m 561.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 535.6 m 339.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 535.6 m 413.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 535.6 m 487.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 535.6 m 561.5 535.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 520.6 m 339.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 498.6 m 339.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 520.6 m 413.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 498.6 m 413.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 520.6 m 487.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 498.6 m 487.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 520.6 m 561.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 498.6 m 561.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 498.6 m 413.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 498.6 m 561.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 453.6 m 339.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 439.6 m 339.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 437.6 m 339.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 453.6 m 413.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 439.6 m 413.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 437.6 m 413.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 453.6 m 487.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 439.6 m 487.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 437.6 m 487.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 453.6 m 561.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 439.6 m 561.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 437.6 m 561.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 423.6 m 339.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 408.6 m 339.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 423.6 m 413.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 423.6 m 487.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 423.6 m 561.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 408.6 m 339.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 393.6 m 339.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 408.6 m 413.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 408.6 m 487.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 393.6 m 487.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 408.6 m 561.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 393.6 m 339.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 371.6 m 339.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 393.6 m 413.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 371.6 m 413.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 393.6 m 487.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 371.6 m 487.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 393.6 m 561.5 393.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 371.6 m 561.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 326.6 m 339.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 312.6 m 339.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 310.6 m 339.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 326.6 m 413.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 312.6 m 413.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 310.6 m 413.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 326.6 m 487.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 312.6 m 487.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 310.6 m 487.5 310.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 326.6 m 561.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 312.6 m 561.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 310.6 m 561.5 310.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.10 540.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 368.68 540.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.90 525.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 324.69 525.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.90 525.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 472.69 525.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 503.28 Td (C$ Denominated:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.85 511.33 Td (Number) Tj ET Q q 0 0 0 rg BT 314.31 511.33 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.60 501.33 Td (Shar) Tj ET Q q 0 0 0 rg BT 308.07 501.33 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.60 511.33 Td (A) Tj ET Q q 0 0 0 rg BT 365.45 511.33 Td (verage) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 501.33 Td (Exer) Tj ET Q q 0 0 0 rg BT 366.11 501.33 Td (cise Price) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.85 511.33 Td (Number) Tj ET Q q 0 0 0 rg BT 462.31 511.33 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.60 501.33 Td (Shar) Tj ET Q q 0 0 0 rg BT 456.07 501.33 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.60 511.33 Td (A) Tj ET Q q 0 0 0 rg BT 513.45 511.33 Td (verage) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 501.33 Td (Exer) Tj ET Q q 0 0 0 rg BT 514.11 501.33 Td (cise Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 488.27 Td (Outstanding, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 488.27 Td (54,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.80 488.27 Td (C$6.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 488.27 Td (187,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.80 488.27 Td (C$6.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 473.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 458.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.80 458.32 Td (\(27,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 458.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.80 458.27 Td (C$6.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 458.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 458.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 443.27 Td (Outstanding, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 443.27 Td (27,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.80 443.27 Td (C$6.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 443.27 Td (187,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.80 443.27 Td (C$6.22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.10 413.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 368.68 413.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.90 398.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 324.69 398.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.90 398.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 472.69 398.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 376.28 Td (US$ Denominated:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.85 384.33 Td (Number) Tj ET Q q 0 0 0 rg BT 314.31 384.33 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.60 374.33 Td (Shar) Tj ET Q q 0 0 0 rg BT 308.07 374.33 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.60 384.33 Td (A) Tj ET Q q 0 0 0 rg BT 365.45 384.33 Td (verage) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 374.33 Td (Exer) Tj ET Q q 0 0 0 rg BT 366.11 374.33 Td (cise Price) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.85 384.33 Td (Number) Tj ET Q q 0 0 0 rg BT 462.31 384.33 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.60 374.33 Td (Shar) Tj ET Q q 0 0 0 rg BT 456.07 374.33 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.60 384.33 Td (A) Tj ET Q q 0 0 0 rg BT 513.08 384.33 Td (verage) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.65 374.33 Td (Exer) Tj ET Q q 0 0 0 rg BT 514.02 374.33 Td (cise Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 361.27 Td (Outstanding, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 361.27 Td (375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.70 361.27 Td (US$17.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 361.27 Td (375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.70 361.27 Td (US$17.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 346.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 331.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 316.27 Td (Outstanding, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 316.27 Td (375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.70 316.27 Td (US$17.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 316.27 Td (375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.70 316.27 Td (US$17.01) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.84 295.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.56 295.10 Td (202,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.06 295.10 Td ( ) Tj ET Q q 0 0 0 rg BT 125.59 295.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 149.21 295.10 Td (options ) Tj ET Q q 0 0 0 rg BT 181.18 295.10 Td (that ) Tj ET Q q 0 0 0 rg BT 198.70 295.10 Td (are ) Tj ET Q q 0 0 0 rg BT 213.43 295.10 Td (exercisable ) Tj ET Q q 0 0 0 rg BT 260.92 295.10 Td (as ) Tj ET Q q 0 0 0 rg BT 271.77 295.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.62 295.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 326.24 295.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.24 295.10 Td (. ) Tj ET Q q 0 0 0 rg BT 351.08 295.10 Td (The ) Tj ET Q q 0 0 0 rg BT 369.15 295.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 392.78 295.10 Td (option ) Tj ET Q q 0 0 0 rg BT 420.85 295.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 447.81 295.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 497.00 295.10 Td (have ) Tj ET Q q 0 0 0 rg BT 518.40 295.10 Td (a ) Tj ET Q q 0 0 0 rg BT 525.36 295.10 Td (weighted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (average ) Tj ET Q q 0 0 0 rg BT 83.58 283.10 Td (remaining ) Tj ET Q q 0 0 0 rg BT 126.63 283.10 Td (life ) Tj ET Q q 0 0 0 rg BT 142.45 283.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.28 283.10 Td (6.23 ) Tj ET Q q 0 0 0 rg BT 173.28 283.10 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.38 283.10 Td ( ) Tj ET Q q 0 0 0 rg BT 196.88 283.10 Td (and ) Tj ET Q q 0 0 0 rg BT 213.82 283.10 Td (have ) Tj ET Q q 0 0 0 rg BT 235.20 283.10 Td (an ) Tj ET Q q 0 0 0 rg BT 247.13 283.10 Td (intrinsic ) Tj ET Q q 0 0 0 rg BT 282.41 283.10 Td (value ) Tj ET Q q 0 0 0 rg BT 306.56 283.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.39 283.10 Td ($155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.39 283.10 Td (,000 ) Tj ET Q q 0 0 0 rg BT 357.39 283.10 Td (as ) Tj ET Q q 0 0 0 rg BT 368.22 283.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.05 283.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 422.65 283.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 283.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 77.88 266.10 Td (the ) Tj ET Q q 0 0 0 rg BT 93.00 266.10 Td (Equity ) Tj ET Q q 0 0 0 rg BT 122.56 266.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 162.65 266.10 Td (Plan, ) Tj ET Q q 0 0 0 rg BT 185.83 266.10 Td (a ) Tj ET Q q 0 0 0 rg BT 193.16 266.10 Td (director ) Tj ET Q q 0 0 0 rg BT 227.15 266.10 Td (who ) Tj ET Q q 0 0 0 rg BT 247.26 266.10 Td (either ) Tj ET Q q 0 0 0 rg BT 272.92 266.10 Td (directly ) Tj ET Q q 0 0 0 rg BT 306.36 266.10 Td (or ) Tj ET Q q 0 0 0 rg BT 317.58 266.10 Td (indirectly ) Tj ET Q q 0 0 0 rg BT 358.80 266.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 401.12 266.10 Td (up ) Tj ET Q q 0 0 0 rg BT 414.01 266.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.69 266.10 Td ($100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.19 266.10 Td ( ) Tj ET Q q 0 0 0 rg BT 465.08 266.10 Td (of ) Tj ET Q q 0 0 0 rg BT 475.67 266.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 499.67 266.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 536.44 266.10 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.10 Td (common ) Tj ET Q q 0 0 0 rg BT 87.30 254.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 110.71 254.10 Td (on ) Tj ET Q q 0 0 0 rg BT 123.01 254.10 Td (the ) Tj ET Q q 0 0 0 rg BT 137.54 254.10 Td (open ) Tj ET Q q 0 0 0 rg BT 159.28 254.10 Td (market, ) Tj ET Q q 0 0 0 rg BT 191.84 254.10 Td (through ) Tj ET Q q 0 0 0 rg BT 225.26 254.10 Td (the ) Tj ET Q q 0 0 0 rg BT 239.78 254.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 280.95 254.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 304.37 254.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 342.21 254.10 Td (plan, ) Tj ET Q q 0 0 0 rg BT 364.23 254.10 Td (or ) Tj ET Q q 0 0 0 rg BT 374.86 254.10 Td (via ) Tj ET Q q 0 0 0 rg BT 389.38 254.10 Td (other ) Tj ET Q q 0 0 0 rg BT 412.23 254.10 Td (means ) Tj ET Q q 0 0 0 rg BT 440.08 254.10 Td (acceptable ) Tj ET Q q 0 0 0 rg BT 484.57 254.10 Td (under ) Tj ET Q q 0 0 0 rg BT 509.65 254.10 Td (this ) Tj ET Q q 0 0 0 rg BT 526.40 254.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 545.92 254.10 Td (\(see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.10 Td (Note ) Tj ET Q q 0 0 0 rg BT 71.06 242.10 Td (13, ) Tj ET Q q 0 0 0 rg BT 85.19 242.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 112.91 242.10 Td (Employee ) Tj ET Q q 0 0 0 rg BT 155.07 242.10 Td (Benefit ) Tj ET Q q 0 0 0 rg BT 186.13 242.10 Td (Plans\) ) Tj ET Q q 0 0 0 rg BT 216.08 242.10 Td (will ) Tj ET Q q 0 0 0 rg BT 233.26 242.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 263.75 242.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.81 242.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.81 242.10 Td ( ) Tj ET Q q 0 0 0 rg BT 276.44 242.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.84 242.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.84 242.10 Td ( ) Tj ET Q q 0 0 0 rg BT 292.46 242.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 331.30 242.10 Td (grant ) Tj ET Q q 0 0 0 rg BT 353.47 242.10 Td (of ) Tj ET Q q 0 0 0 rg BT 363.42 242.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 402.25 242.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 424.98 242.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 451.04 242.10 Td (for ) Tj ET Q q 0 0 0 rg BT 464.32 242.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 499.82 242.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 527.00 242.10 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 77.04 230.10 Td (\(or ) Tj ET Q q 0 0 0 rg BT 90.75 230.10 Td (for ) Tj ET Q q 0 0 0 rg BT 104.46 230.10 Td (Canadian ) Tj ET Q q 0 0 0 rg BT 144.28 230.10 Td (taxpayers, ) Tj ET Q q 0 0 0 rg BT 187.14 230.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 226.40 230.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 249.56 230.10 Td (units\) ) Tj ET Q q 0 0 0 rg BT 274.38 230.10 Td (based ) Tj ET Q q 0 0 0 rg BT 299.20 230.10 Td (on ) Tj ET Q q 0 0 0 rg BT 311.25 230.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.52 230.10 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 366.44 230.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 404.02 230.10 Td (price ) Tj ET Q q 0 0 0 rg BT 426.06 230.10 Td (of ) Tj ET Q q 0 0 0 rg BT 436.44 230.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 472.37 230.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 499.98 230.10 Td (common ) Tj ET Q q 0 0 0 rg BT 537.02 230.10 Td (shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.34 218.10 Td (director ) Tj ET Q q 0 0 0 rg BT 99.55 218.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 142.10 218.10 Td (during ) Tj ET Q q 0 0 0 rg BT 171.33 218.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.67 218.10 Td (six ) Tj ET Q q 0 0 0 rg BT 201.46 218.10 Td (month ) Tj ET Q q 0 0 0 rg BT 230.14 218.10 Td (period ) Tj ET Q q 0 0 0 rg BT 258.81 218.10 Td (that ) Tj ET Q q 0 0 0 rg BT 276.93 218.10 Td (began ) Tj ET Q q 0 0 0 rg BT 303.93 218.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.05 218.10 Td (June18, ) Tj ET Q q 0 0 0 rg BT 353.50 218.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.50 218.10 Td ( ) Tj ET Q q 0 0 0 rg BT 376.62 218.10 Td (and ) Tj ET Q q 0 0 0 rg BT 394.18 218.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 421.18 218.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 218.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 493.51 218.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.51 218.10 Td (, ) Tj ET Q q 0 0 0 rg BT 519.13 218.10 Td (or ) Tj ET Q q 0 0 0 rg BT 530.58 218.10 Td (for ) Tj ET Q q 0 0 0 rg BT 545.36 218.10 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.10 Td (directors ) Tj ET Q q 0 0 0 rg BT 87.55 206.10 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.66 206.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.66 206.10 Td ( ) Tj ET Q q 0 0 0 rg BT 123.23 206.10 Td (months ) Tj ET Q q 0 0 0 rg BT 155.23 206.10 Td (of ) Tj ET Q q 0 0 0 rg BT 166.13 206.10 Td (their ) Tj ET Q q 0 0 0 rg BT 187.01 206.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 212.90 206.10 Td (appointment ) Tj ET Q q 0 0 0 rg BT 265.45 206.10 Td (date ) Tj ET Q q 0 0 0 rg BT 284.67 206.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 302.78 206.10 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 345.88 206.10 Td (Period\). ) Tj ET Q q 0 0 0 rg BT 387.31 206.10 Td (Matching ) Tj ET Q q 0 0 0 rg BT 428.20 206.10 Td (share ) Tj ET Q q 0 0 0 rg BT 451.86 206.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 478.86 206.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.75 206.10 Td (148,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.25 206.10 Td ( ) Tj ET Q q 0 0 0 rg BT 524.81 206.10 Td (restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 73.93 194.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 101.18 194.10 Td (for ) Tj ET Q q 0 0 0 rg BT 115.66 194.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 152.36 194.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 180.73 194.10 Td (common ) Tj ET Q q 0 0 0 rg BT 218.55 194.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 246.36 194.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.62 194.10 Td (37,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.12 194.10 Td ( ) Tj ET Q q 0 0 0 rg BT 293.93 194.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 333.96 194.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 357.88 194.10 Td (units ) Tj ET Q q 0 0 0 rg BT 380.15 194.10 Td (were ) Tj ET Q q 0 0 0 rg BT 402.40 194.10 Td (made ) Tj ET Q q 0 0 0 rg BT 426.87 194.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.69 194.10 Td (February28, ) Tj ET Q q 0 0 0 rg BT 493.61 194.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.61 194.10 Td ( ) Tj ET Q q 0 0 0 rg BT 516.43 194.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 534.79 194.10 Td (Grant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.10 Td (Date\). ) Tj ET Q q 0 0 0 rg BT 82.23 182.10 Td (The ) Tj ET Q q 0 0 0 rg BT 101.11 182.10 Td (number ) Tj ET Q q 0 0 0 rg BT 134.98 182.10 Td (of ) Tj ET Q q 0 0 0 rg BT 146.64 182.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 183.84 182.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 212.73 182.10 Td (common ) Tj ET Q q 0 0 0 rg BT 251.05 182.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 279.37 182.10 Td (issued ) Tj ET Q q 0 0 0 rg BT 307.70 182.10 Td (on ) Tj ET Q q 0 0 0 rg BT 321.02 182.10 Td (the ) Tj ET Q q 0 0 0 rg BT 336.57 182.10 Td (Grant ) Tj ET Q q 0 0 0 rg BT 362.67 182.10 Td (Date ) Tj ET Q q 0 0 0 rg BT 384.87 182.10 Td (were ) Tj ET Q q 0 0 0 rg BT 407.63 182.10 Td (determined ) Tj ET Q q 0 0 0 rg BT 455.93 182.10 Td (by ) Tj ET Q q 0 0 0 rg BT 469.26 182.10 Td (dividing ) Tj ET Q q 0 0 0 rg BT 505.92 182.10 Td (\(A\) ) Tj ET Q q 0 0 0 rg BT 523.13 182.10 Td (the ) Tj ET Q q 0 0 0 rg BT 538.68 182.10 Td (dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 82.77 170.10 Td (of ) Tj ET Q q 0 0 0 rg BT 93.87 170.10 Td (the ) Tj ET Q q 0 0 0 rg BT 108.85 170.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 150.51 170.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 190.50 170.10 Td (contribution ) Tj ET Q q 0 0 0 rg BT 242.15 170.10 Td (due ) Tj ET Q q 0 0 0 rg BT 259.36 170.10 Td (based ) Tj ET Q q 0 0 0 rg BT 284.90 170.10 Td (on ) Tj ET Q q 0 0 0 rg BT 297.67 170.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 339.87 170.10 Td (during ) Tj ET Q q 0 0 0 rg BT 368.75 170.10 Td (the ) Tj ET Q q 0 0 0 rg BT 383.74 170.10 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 422.60 170.10 Td (Period ) Tj ET Q q 0 0 0 rg BT 451.48 170.10 Td (by ) Tj ET Q q 0 0 0 rg BT 464.26 170.10 Td (\(B\) ) Tj ET Q q 0 0 0 rg BT 480.36 170.10 Td (the ) Tj ET Q q 0 0 0 rg BT 495.34 170.10 Td (closing ) Tj ET Q q 0 0 0 rg BT 527.00 170.10 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (share ) Tj ET Q q 0 0 0 rg BT 73.86 158.10 Td (price ) Tj ET Q q 0 0 0 rg BT 96.60 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 107.69 158.10 Td (one ) Tj ET Q q 0 0 0 rg BT 124.89 158.10 Td (share ) Tj ET Q q 0 0 0 rg BT 148.75 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 159.84 158.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 201.49 158.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 238.13 158.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 266.44 158.10 Td (common ) Tj ET Q q 0 0 0 rg BT 304.20 158.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 328.07 158.10 Td (at ) Tj ET Q q 0 0 0 rg BT 338.04 158.10 Td (close ) Tj ET Q q 0 0 0 rg BT 361.35 158.10 Td (of ) Tj ET Q q 0 0 0 rg BT 372.44 158.10 Td (market ) Tj ET Q q 0 0 0 rg BT 402.97 158.10 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.73 158.10 Td (June17, ) Tj ET Q q 0 0 0 rg BT 451.82 158.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.82 158.10 Td ( ) Tj ET Q q 0 0 0 rg BT 474.58 158.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 492.88 158.10 Td (Closing ) Tj ET Q q 0 0 0 rg BT 531.20 158.10 Td (Price\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (which ) Tj ET Q q 0 0 0 rg BT 76.97 146.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.06 146.10 Td ($8.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.56 146.10 Td ( ) Tj ET Q q 0 0 0 rg BT 120.09 146.10 Td (per ) Tj ET Q q 0 0 0 rg BT 135.39 146.10 Td (share. ) Tj ET Q q 0 0 0 rg BT 161.34 146.10 Td (The ) Tj ET Q q 0 0 0 rg BT 179.42 146.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 219.16 146.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 242.80 146.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 269.77 146.10 Td (for ) Tj ET Q q 0 0 0 rg BT 283.96 146.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 320.37 146.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 348.46 146.10 Td (common ) Tj ET Q q 0 0 0 rg BT 385.99 146.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 413.51 146.10 Td (will ) Tj ET Q q 0 0 0 rg BT 431.60 146.10 Td (vest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.25 146.10 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.58 146.10 Td ( ) Tj ET Q q 0 0 0 rg BT 471.11 146.10 Td (on ) Tj ET Q q 0 0 0 rg BT 483.64 146.10 Td (each ) Tj ET Q q 0 0 0 rg BT 504.49 146.10 Td (anniversary ) Tj ET Q q 0 0 0 rg BT 553.67 146.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.51 134.10 Td (Grant ) Tj ET Q q 0 0 0 rg BT 89.58 134.10 Td (Date, ) Tj ET Q q 0 0 0 rg BT 113.25 134.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 143.87 134.10 Td (to ) Tj ET Q q 0 0 0 rg BT 153.94 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.45 134.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 192.96 134.10 Td (of ) Tj ET Q q 0 0 0 rg BT 203.59 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.10 134.10 Td (Guidelines. ) Tj ET Q q 0 0 0 rg BT 266.05 134.10 Td (The ) Tj ET Q q 0 0 0 rg BT 283.90 134.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 323.40 134.10 Td (grant ) Tj ET Q q 0 0 0 rg BT 346.25 134.10 Td (will ) Tj ET Q q 0 0 0 rg BT 364.10 134.10 Td (be ) Tj ET Q q 0 0 0 rg BT 375.83 134.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 406.45 134.10 Td (to ) Tj ET Q q 0 0 0 rg BT 416.52 134.10 Td (all ) Tj ET Q q 0 0 0 rg BT 428.81 134.10 Td (of ) Tj ET Q q 0 0 0 rg BT 439.44 134.10 Td (the ) Tj ET Q q 0 0 0 rg BT 453.95 134.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 478.46 134.10 Td (and ) Tj ET Q q 0 0 0 rg BT 495.20 134.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 539.16 134.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 134.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (Equity ) Tj ET Q q 0 0 0 rg BT 79.17 122.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 118.87 122.10 Td (Plan ) Tj ET Q q 0 0 0 rg BT 139.15 122.10 Td (and ) Tj ET Q q 0 0 0 rg BT 156.08 122.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 199.67 122.10 Td (grant ) Tj ET Q q 0 0 0 rg BT 222.72 122.10 Td (agreements. ) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.10 742.10 Td (March12, ) Tj ET Q q 0 0 0 rg BT 107.08 742.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.08 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 131.45 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 145.55 742.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 171.86 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 182.07 742.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 221.15 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 230.95 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 253.93 742.10 Td (granted ) Tj ET Q q 0 0 0 rg BT 285.80 742.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 312.67 742.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 342.87 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 353.07 742.10 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.39 742.10 Td (200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.89 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 398.77 742.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 437.85 742.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 460.83 742.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 487.15 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 500.69 742.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 536.44 742.10 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (common ) Tj ET Q q 0 0 0 rg BT 87.65 730.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 115.29 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 126.27 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 141.14 730.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 182.68 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.77 730.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.63 730.10 Td (200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.13 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 249.79 730.10 Td (options ) Tj ET Q q 0 0 0 rg BT 281.88 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 292.31 730.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 324.39 730.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 360.92 730.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 389.13 730.10 Td (common ) Tj ET Q q 0 0 0 rg BT 426.77 730.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 454.41 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 464.84 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 479.71 730.10 Td (executive ) Tj ET Q q 0 0 0 rg BT 520.67 730.10 Td (of) Tj ET Q q 0 0 0 rg BT 528.82 730.10 Td (ficers ) Tj ET Q q 0 0 0 rg BT 553.68 730.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.85 718.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 108.38 718.10 Td (as ) Tj ET Q q 0 0 0 rg BT 120.35 718.10 Td (part ) Tj ET Q q 0 0 0 rg BT 139.53 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 151.50 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.35 718.10 Td (Company) Tj ET Q q 0 0 0 rg BT 209.02 718.10 Td (s ) Tj ET Q q 0 0 0 rg BT 216.55 718.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 246.84 718.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 306.02 718.10 Td (process. ) Tj ET Q q 0 0 0 rg BT 344.39 718.10 Td (The ) Tj ET Q q 0 0 0 rg BT 363.57 718.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 395.53 718.10 Td (were ) Tj ET Q q 0 0 0 rg BT 418.59 718.10 Td (made ) Tj ET Q q 0 0 0 rg BT 443.89 718.10 Td (under ) Tj ET Q q 0 0 0 rg BT 470.29 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 486.15 718.10 Td (Company) Tj ET Q q 0 0 0 rg BT 527.81 718.10 Td (s ) Tj ET Q q 0 0 0 rg BT 535.34 718.10 Td (Equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 90.01 706.10 Td (Plan. ) Tj ET Q q 0 0 0 rg BT 113.10 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 115.70 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 134.06 706.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 165.19 706.10 Td (vest ) Tj ET Q q 0 0 0 rg BT 184.11 706.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.69 706.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.24 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 213.05 706.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 237.52 706.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 266.98 706.10 Td (installments ) Tj ET Q q 0 0 0 rg BT 318.12 706.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.26 706.10 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.59 706.10 Td (, ) Tj ET Q q 0 0 0 rg BT 352.90 706.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 391.25 706.10 Td (that ) Tj ET Q q 0 0 0 rg BT 409.06 706.10 Td (an ) Tj ET Q q 0 0 0 rg BT 421.30 706.10 Td (installment ) Tj ET Q q 0 0 0 rg BT 468.55 706.10 Td (shall ) Tj ET Q q 0 0 0 rg BT 490.25 706.10 Td (not ) Tj ET Q q 0 0 0 rg BT 505.84 706.10 Td (vest ) Tj ET Q q 0 0 0 rg BT 524.75 706.10 Td (unless ) Tj ET Q q 0 0 0 rg BT 552.56 706.10 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 79.78 694.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 133.43 694.10 Td (tar) Tj ET Q q 0 0 0 rg BT 143.80 694.10 Td (get ) Tj ET Q q 0 0 0 rg BT 159.14 694.10 Td (based ) Tj ET Q q 0 0 0 rg BT 185.04 694.10 Td (on ) Tj ET Q q 0 0 0 rg BT 198.17 694.10 Td (specific ) Tj ET Q q 0 0 0 rg BT 232.39 694.10 Td (book ) Tj ET Q q 0 0 0 rg BT 255.52 694.10 Td (value ) Tj ET Q q 0 0 0 rg BT 280.30 694.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 311.76 694.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 333.76 694.10 Td (linked ) Tj ET Q q 0 0 0 rg BT 361.88 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 372.79 694.10 Td (return ) Tj ET Q q 0 0 0 rg BT 399.79 694.10 Td (on ) Tj ET Q q 0 0 0 rg BT 412.92 694.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 441.04 694.10 Td (goals ) Tj ET Q q 0 0 0 rg BT 465.28 694.10 Td (is ) Tj ET Q q 0 0 0 rg BT 475.08 694.10 Td (met. ) Tj ET Q q 0 0 0 rg BT 498.20 694.10 Td (In ) Tj ET Q q 0 0 0 rg BT 509.66 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 525.00 694.10 Td (event ) Tj ET Q q 0 0 0 rg BT 549.78 694.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 103.01 682.10 Td (tar) Tj ET Q q 0 0 0 rg BT 113.37 682.10 Td (get ) Tj ET Q q 0 0 0 rg BT 128.07 682.10 Td (is ) Tj ET Q q 0 0 0 rg BT 137.23 682.10 Td (not ) Tj ET Q q 0 0 0 rg BT 152.49 682.10 Td (met ) Tj ET Q q 0 0 0 rg BT 169.97 682.10 Td (in ) Tj ET Q q 0 0 0 rg BT 180.23 682.10 Td (any ) Tj ET Q q 0 0 0 rg BT 197.16 682.10 Td (year) Tj ET Q q 0 0 0 rg BT 213.96 682.10 Td (, ) Tj ET Q q 0 0 0 rg BT 218.95 682.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.65 682.10 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.98 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 254.46 682.10 Td (installment ) Tj ET Q q 0 0 0 rg BT 301.39 682.10 Td (for ) Tj ET Q q 0 0 0 rg BT 315.53 682.10 Td (such ) Tj ET Q q 0 0 0 rg BT 336.34 682.10 Td (year ) Tj ET Q q 0 0 0 rg BT 356.04 682.10 Td (shall ) Tj ET Q q 0 0 0 rg BT 377.41 682.10 Td (not ) Tj ET Q q 0 0 0 rg BT 392.67 682.10 Td (vest, ) Tj ET Q q 0 0 0 rg BT 413.76 682.10 Td (but ) Tj ET Q q 0 0 0 rg BT 429.03 682.10 Td (such ) Tj ET Q q 0 0 0 rg BT 449.84 682.10 Td (non-vested ) Tj ET Q q 0 0 0 rg BT 496.20 682.10 Td (installment ) Tj ET Q q 0 0 0 rg BT 543.12 682.10 Td (shall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (carry ) Tj ET Q q 0 0 0 rg BT 72.56 670.10 Td (forward ) Tj ET Q q 0 0 0 rg BT 106.24 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 122.71 670.10 Td (can ) Tj ET Q q 0 0 0 rg BT 138.61 670.10 Td (become ) Tj ET Q q 0 0 0 rg BT 171.73 670.10 Td (vested ) Tj ET Q q 0 0 0 rg BT 199.30 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 209.11 670.10 Td (future ) Tj ET Q q 0 0 0 rg BT 235.01 670.10 Td (years ) Tj ET Q q 0 0 0 rg BT 258.13 670.10 Td (\(up ) Tj ET Q q 0 0 0 rg BT 273.49 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 283.30 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 297.54 670.10 Td (fifth ) Tj ET Q q 0 0 0 rg BT 316.78 670.10 Td (year ) Tj ET Q q 0 0 0 rg BT 336.02 670.10 Td (from ) Tj ET Q q 0 0 0 rg BT 357.48 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 371.72 670.10 Td (date ) Tj ET Q q 0 0 0 rg BT 390.41 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 400.76 670.10 Td (grant\), ) Tj ET Q q 0 0 0 rg BT 429.17 670.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 459.52 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 469.32 670.10 Td (achievement ) Tj ET Q q 0 0 0 rg BT 521.88 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 531.68 670.10 Td (a ) Tj ET Q q 0 0 0 rg BT 538.14 670.10 Td (future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (year ) Tj ET Q q 0 0 0 rg BT 69.68 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 80.48 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 95.16 658.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 138.72 658.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 191.71 658.10 Td (tar) Tj ET Q q 0 0 0 rg BT 202.08 658.10 Td (get ) Tj ET Q q 0 0 0 rg BT 216.77 658.10 Td (for ) Tj ET Q q 0 0 0 rg BT 230.90 658.10 Td (such ) Tj ET Q q 0 0 0 rg BT 251.70 658.10 Td (year) Tj ET Q q 0 0 0 rg BT 268.35 658.10 Td (. ) Tj ET Q q 0 0 0 rg BT 273.32 658.10 Td (For ) Tj ET Q q 0 0 0 rg BT 289.68 658.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.37 658.10 Td (three ) Tj ET Q q 0 0 0 rg BT 326.82 658.10 Td (month ) Tj ET Q q 0 0 0 rg BT 354.85 658.10 Td (period ) Tj ET Q q 0 0 0 rg BT 382.87 658.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 409.21 658.10 Td (March ) Tj ET Q q 0 0 0 rg BT 437.78 658.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 452.75 658.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.75 658.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.72 658.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.72 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 490.19 658.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 517.65 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 528.45 658.10 Td (either ) Tj ET Q q 0 0 0 rg BT 553.68 658.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (these ) Tj ET Q q 0 0 0 rg BT 72.61 646.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 111.88 646.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 135.05 646.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 161.55 646.10 Td (for ) Tj ET Q q 0 0 0 rg BT 175.27 646.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 211.21 646.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 238.83 646.10 Td (common ) Tj ET Q q 0 0 0 rg BT 275.89 646.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 302.94 646.10 Td (or ) Tj ET Q q 0 0 0 rg BT 313.33 646.10 Td (these ) Tj ET Q q 0 0 0 rg BT 335.94 646.10 Td (options ) Tj ET Q q 0 0 0 rg BT 367.46 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 377.30 646.10 Td (acquire ) Tj ET Q q 0 0 0 rg BT 408.78 646.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 444.72 646.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 472.34 646.10 Td (common ) Tj ET Q q 0 0 0 rg BT 509.40 646.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 536.46 646.10 Td (vested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (due ) Tj ET Q q 0 0 0 rg BT 66.94 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 77.22 634.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 106.37 634.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 159.39 634.10 Td (tar) Tj ET Q q 0 0 0 rg BT 169.76 634.10 Td (gets ) Tj ET Q q 0 0 0 rg BT 188.37 634.10 Td (not ) Tj ET Q q 0 0 0 rg BT 203.65 634.10 Td (met. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.73 617.10 Td (Monte-Carlo ) Tj ET Q q 0 0 0 rg BT 121.57 617.10 Td (simulation ) Tj ET Q q 0 0 0 rg BT 165.98 617.10 Td (model ) Tj ET Q q 0 0 0 rg BT 193.16 617.10 Td (was ) Tj ET Q q 0 0 0 rg BT 210.90 617.10 Td (used, ) Tj ET Q q 0 0 0 rg BT 233.91 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 247.76 617.10 Td (both ) Tj ET Q q 0 0 0 rg BT 267.72 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 282.12 617.10 Td (options ) Tj ET Q q 0 0 0 rg BT 313.75 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 330.38 617.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 369.77 617.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 393.06 617.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 419.68 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 433.53 617.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 469.59 617.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 497.33 617.10 Td (common ) Tj ET Q q 0 0 0 rg BT 534.51 617.10 Td (shares, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.17 605.10 Td (estimate ) Tj ET Q q 0 0 0 rg BT 95.87 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 110.48 605.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 126.74 605.10 Td (value ) Tj ET Q q 0 0 0 rg BT 150.78 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 161.50 605.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 219.43 605.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 254.02 605.10 Td (as ) Tj ET Q q 0 0 0 rg BT 264.74 605.10 Td (a ) Tj ET Q q 0 0 0 rg BT 271.56 605.10 Td (result ) Tj ET Q q 0 0 0 rg BT 296.17 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 306.88 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 321.49 605.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 374.40 605.10 Td (based ) Tj ET Q q 0 0 0 rg BT 399.55 605.10 Td (component ) Tj ET Q q 0 0 0 rg BT 446.37 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 457.09 605.10 Td (these ) Tj ET Q q 0 0 0 rg BT 480.02 605.10 Td (grants. ) Tj ET Q q 0 0 0 rg BT 511.85 605.10 Td (Utilizing ) Tj ET Q q 0 0 0 rg BT 549.79 605.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.10 Td (Monte-Carlo ) Tj ET Q q 0 0 0 rg BT 104.30 593.10 Td (simulation ) Tj ET Q q 0 0 0 rg BT 149.16 593.10 Td (model, ) Tj ET Q q 0 0 0 rg BT 179.29 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.15 593.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 210.67 593.10 Td (values ) Tj ET Q q 0 0 0 rg BT 238.86 593.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.93 593.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 281.07 593.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.96 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 312.60 593.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.68 593.10 Td ($1.9 ) Tj ET Q q 0 0 0 rg BT 349.82 593.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.71 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 381.35 593.10 Td (for ) Tj ET Q q 0 0 0 rg BT 395.65 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.51 593.10 Td (options ) Tj ET Q q 0 0 0 rg BT 442.60 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 459.68 593.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 499.52 593.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 523.27 593.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 550.35 593.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 86.38 581.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 114.43 581.10 Td (common ) Tj ET Q q 0 0 0 rg BT 151.93 581.10 Td (shares, ) Tj ET Q q 0 0 0 rg BT 181.92 581.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 229.58 581.10 Td (. ) Tj ET Q q 0 0 0 rg BT 234.40 581.10 Td (This ) Tj ET Q q 0 0 0 rg BT 254.68 581.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 289.38 581.10 Td (will ) Tj ET Q q 0 0 0 rg BT 307.44 581.10 Td (be ) Tj ET Q q 0 0 0 rg BT 319.38 581.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 361.86 581.10 Td (over ) Tj ET Q q 0 0 0 rg BT 382.13 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 396.85 581.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 443.21 581.10 Td (vesting ) Tj ET Q q 0 0 0 rg BT 474.60 581.10 Td (period.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (Restricted ) Tj ET Q q 0 0 0 rg BT 96.54 564.10 Td (shar) Tj ET Q q 0 0 0 rg BT 115.26 564.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.59 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.26 564.10 Td (- ) Tj ET Q q 0 0 0 rg BT 132.08 564.10 Td (The ) Tj ET Q q 0 0 0 rg BT 150.30 564.10 Td (activity ) Tj ET Q q 0 0 0 rg BT 182.97 564.10 Td (for ) Tj ET Q q 0 0 0 rg BT 197.31 564.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.20 564.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 252.08 564.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 275.86 564.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 302.98 564.10 Td (for ) Tj ET Q q 0 0 0 rg BT 317.32 564.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 353.87 564.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 382.11 564.10 Td (common ) Tj ET Q q 0 0 0 rg BT 419.78 564.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 447.45 564.10 Td (and ) Tj ET Q q 0 0 0 rg BT 464.56 564.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 504.44 564.10 Td (share ) Tj ET Q q 0 0 0 rg BT 528.22 564.10 Td (units ) Tj ET Q q 0 0 0 rg BT 550.34 564.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 552.10 Td (three ) Tj ET Q q 0 0 0 rg BT 87.20 552.10 Td (month ) Tj ET Q q 0 0 0 rg BT 115.26 552.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 147.20 552.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 173.57 552.10 Td (March ) Tj ET Q q 0 0 0 rg BT 202.17 552.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 217.17 552.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 239.67 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 256.61 552.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.61 552.10 Td ( ) Tj ET Q q 0 0 0 rg BT 279.11 552.10 Td (are ) Tj ET Q q 0 0 0 rg BT 293.82 552.10 Td (as ) Tj ET Q q 0 0 0 rg BT 304.65 552.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 462.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 462.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 462.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 462.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 462.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 432.60 216.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 432.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 432.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 432.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 432.60 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 536.6 m 339.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 536.6 m 413.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 536.6 m 487.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 536.6 m 561.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 521.6 m 339.5 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 521.6 m 413.5 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 521.6 m 487.5 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 521.6 m 561.5 521.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 506.6 m 339.5 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 462.6 m 339.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 506.6 m 413.5 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 462.6 m 413.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 506.6 m 487.5 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 462.6 m 487.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 506.6 m 561.5 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 462.6 m 561.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 462.6 m 339.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 462.6 m 413.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 462.6 m 487.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 462.6 m 561.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 417.6 m 339.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 403.6 m 339.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 401.6 m 339.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 417.6 m 413.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 403.6 m 413.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 401.6 m 413.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 417.6 m 487.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 403.6 m 487.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 401.6 m 487.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 417.6 m 561.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 403.6 m 561.5 403.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 401.6 m 561.5 401.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 352.10 526.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 368.68 526.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.90 511.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 324.69 511.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.90 511.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 472.69 511.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.85 477.28 Td (Number) Tj ET Q q 0 0 0 rg BT 314.31 477.28 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.60 467.28 Td (Shar) Tj ET Q q 0 0 0 rg BT 308.07 467.28 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.70 497.28 Td (W) Tj ET Q q 0 0 0 rg BT 365.42 497.28 Td (eighted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.25 487.28 Td (A) Tj ET Q q 0 0 0 rg BT 355.10 487.28 Td (verage Fair) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.20 477.28 Td (V) Tj ET Q q 0 0 0 rg BT 350.96 477.28 Td (alue at Grant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.00 467.28 Td (Date) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.85 477.28 Td (Number) Tj ET Q q 0 0 0 rg BT 462.31 477.28 Td ( of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.60 467.28 Td (Shar) Tj ET Q q 0 0 0 rg BT 456.07 467.28 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 503.70 497.28 Td (W) Tj ET Q q 0 0 0 rg BT 513.15 497.28 Td (eighted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.25 487.28 Td (A) Tj ET Q q 0 0 0 rg BT 502.73 487.28 Td (verage Fair) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 492.20 477.28 Td (V) Tj ET Q q 0 0 0 rg BT 498.50 477.28 Td (alue at Grant) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.00 467.28 Td (Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 452.27 Td (Non-vested, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 452.27 Td (234,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 452.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 452.27 Td (16.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 452.27 Td (31) Tj ET Q q 0 0 0 rg BT 461.15 452.27 Td (1,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 452.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 452.27 Td (15.92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 437.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 437.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 437.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 437.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 437.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 422.27 Td (V) Tj ET Q q 0 0 0 rg BT 58.67 422.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.80 422.32 Td (\(44,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 422.27 Td (12.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 422.32 Td (\(37,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 422.27 Td (12.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 407.27 Td (Non-vested, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 407.27 Td (189,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 407.27 Td (17.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 407.27 Td (31) Tj ET Q q 0 0 0 rg BT 461.15 407.27 Td (1,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 407.27 Td (15.98) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (In ) Tj ET Q q 0 0 0 rg BT 60.25 386.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 107.14 386.10 Td (with ) Tj ET Q q 0 0 0 rg BT 126.41 386.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 147.79 386.10 Td (718 ) Tj ET Q q 0 0 0 rg BT 164.71 386.10 Td (\(Stock-Based ) Tj ET Q q 0 0 0 rg BT 220.51 386.10 Td (Compensation\), ) Tj ET Q q 0 0 0 rg BT 285.61 386.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 308.64 386.10 Td (has ) Tj ET Q q 0 0 0 rg BT 323.90 386.10 Td (recognized ) Tj ET Q q 0 0 0 rg BT 369.68 386.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 418.80 386.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 476.27 386.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 510.40 386.10 Td (on ) Tj ET Q q 0 0 0 rg BT 522.32 386.10 Td (a ) Tj ET Q q 0 0 0 rg BT 528.68 386.10 Td (straight-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (line ) Tj ET Q q 0 0 0 rg BT 67.20 374.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 89.40 374.10 Td (over ) Tj ET Q q 0 0 0 rg BT 109.38 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.80 374.10 Td (requisite ) Tj ET Q q 0 0 0 rg BT 160.44 374.10 Td (service ) Tj ET Q q 0 0 0 rg BT 190.96 374.10 Td (period ) Tj ET Q q 0 0 0 rg BT 218.71 374.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.24 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 243.66 374.10 Td (last ) Tj ET Q q 0 0 0 rg BT 259.76 374.10 Td (separately ) Tj ET Q q 0 0 0 rg BT 302.49 374.10 Td (vesting ) Tj ET Q q 0 0 0 rg BT 333.58 374.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 364.68 374.10 Td (of ) Tj ET Q q 0 0 0 rg BT 375.21 374.10 Td (the ) Tj ET Q q 0 0 0 rg BT 389.63 374.10 Td (award. ) Tj ET Q q 0 0 0 rg BT 418.76 374.10 Td ( ) Tj ET Q q 0 0 0 rg BT 420.97 374.10 Td (Share-based ) Tj ET Q q 0 0 0 rg BT 472.04 374.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 529.79 374.10 Td (expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (is ) Tj ET Q q 0 0 0 rg BT 58.35 362.10 Td (a ) Tj ET Q q 0 0 0 rg BT 64.48 362.10 Td (component ) Tj ET Q q 0 0 0 rg BT 110.60 362.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.61 362.10 Td (other ) Tj ET Q q 0 0 0 rg BT 142.84 362.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 196.18 362.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 233.96 362.10 Td (on ) Tj ET Q q 0 0 0 rg BT 245.65 362.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.55 362.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 303.45 362.10 Td (of ) Tj ET Q q 0 0 0 rg BT 313.46 362.10 Td (income ) Tj ET Q q 0 0 0 rg BT 344.58 362.10 Td (and ) Tj ET Q q 0 0 0 rg BT 360.70 362.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 422.92 362.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 456.17 362.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 478.96 362.10 Td (recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.51 362.10 Td ($285,000) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.76 350.10 Td ($320,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.26 350.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.57 350.10 Td (in ) Tj ET Q q 0 0 0 rg BT 116.67 350.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 166.18 350.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 224.04 350.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 261.06 350.10 Td (including ) Tj ET Q q 0 0 0 rg BT 301.15 350.10 Td (income ) Tj ET Q q 0 0 0 rg BT 332.91 350.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 347.44 350.10 Td (expense, ) Tj ET Q q 0 0 0 rg BT 384.46 350.10 Td (for ) Tj ET Q q 0 0 0 rg BT 398.44 350.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.97 350.10 Td (three ) Tj ET Q q 0 0 0 rg BT 435.28 350.10 Td (month ) Tj ET Q q 0 0 0 rg BT 463.15 350.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 494.90 350.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 521.10 350.10 Td (March ) Tj ET Q q 0 0 0 rg BT 549.51 350.10 Td (31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 72.75 338.10 Td (and ) Tj ET Q q 0 0 0 rg BT 89.94 338.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.94 338.10 Td (, ) Tj ET Q q 0 0 0 rg BT 115.19 338.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 162.85 338.10 Td (. ) Tj ET Q q 0 0 0 rg BT 167.90 338.10 Td (T) Tj ET Q q 0 0 0 rg BT 173.31 338.10 Td (otal ) Tj ET Q q 0 0 0 rg BT 191.05 338.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 230.45 338.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 280.39 338.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 338.68 338.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 373.64 338.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.94 338.10 Td ($584,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.44 338.10 Td ( ) Tj ET Q q 0 0 0 rg BT 432.19 338.10 Td (related ) Tj ET Q q 0 0 0 rg BT 462.14 338.10 Td (to ) Tj ET Q q 0 0 0 rg BT 472.67 338.10 Td (all ) Tj ET Q q 0 0 0 rg BT 485.41 338.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 509.27 338.10 Td (option ) Tj ET Q q 0 0 0 rg BT 537.57 338.10 Td (grants ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.20 326.10 Td ($1.2 ) Tj ET Q q 0 0 0 rg BT 87.46 326.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.35 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 119.11 326.10 Td (related ) Tj ET Q q 0 0 0 rg BT 149.07 326.10 Td (to ) Tj ET Q q 0 0 0 rg BT 159.60 326.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 199.57 326.10 Td (stock ) Tj ET Q q 0 0 0 rg BT 223.43 326.10 Td (grants ) Tj ET Q q 0 0 0 rg BT 250.63 326.10 Td (for ) Tj ET Q q 0 0 0 rg BT 265.05 326.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 301.68 326.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 330.00 326.10 Td (common ) Tj ET Q q 0 0 0 rg BT 367.75 326.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 395.50 326.10 Td (and ) Tj ET Q q 0 0 0 rg BT 412.70 326.10 Td (restricted ) Tj ET Q q 0 0 0 rg BT 452.66 326.10 Td (share ) Tj ET Q q 0 0 0 rg BT 476.52 326.10 Td (units ) Tj ET Q q 0 0 0 rg BT 498.73 326.10 Td (as ) Tj ET Q q 0 0 0 rg BT 509.81 326.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.90 326.10 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 314.10 Td (. ) Tj ET Q q 0 0 0 rg BT 75.00 314.10 Td ( ) Tj ET Q q 0 0 0 rg BT 77.32 314.10 Td (This ) Tj ET Q q 0 0 0 rg BT 97.60 314.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 136.74 314.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 186.44 314.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 244.48 314.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 279.19 314.10 Td (will ) Tj ET Q q 0 0 0 rg BT 297.25 314.10 Td (be ) Tj ET Q q 0 0 0 rg BT 309.18 314.10 Td (amortized ) Tj ET Q q 0 0 0 rg BT 351.67 314.10 Td (over ) Tj ET Q q 0 0 0 rg BT 371.93 314.10 Td (the ) Tj ET Q q 0 0 0 rg BT 386.65 314.10 Td (next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.37 314.10 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.37 314.10 Td ( ) Tj ET Q q 0 0 0 rg BT 418.87 314.10 Td (months.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 292.10 Td (13. OTHER EMPLOYEE BENEFIT) Tj ET Q q 0 0 0 rg BT 225.07 292.10 Td ( PLANS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 275.10 Td (Defined ) Tj ET Q q 0 0 0 rg BT 86.83 275.10 Td (Contribution ) Tj ET Q q 0 0 0 rg BT 146.46 275.10 Td (Plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.91 275.10 Td ( ) Tj ET Q q 0 0 0 rg BT 169.42 275.10 Td (- ) Tj ET Q q 0 0 0 rg BT 175.48 275.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 200.09 275.10 Td (has ) Tj ET Q q 0 0 0 rg BT 216.93 275.10 Td (a ) Tj ET Q q 0 0 0 rg BT 224.87 275.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 258.36 275.10 Td (contribution ) Tj ET Q q 0 0 0 rg BT 310.75 275.10 Td (401\(k\) ) Tj ET Q q 0 0 0 rg BT 340.91 275.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 361.63 275.10 Td (covering ) Tj ET Q q 0 0 0 rg BT 400.12 275.10 Td (all ) Tj ET Q q 0 0 0 rg BT 413.62 275.10 Td (qualified ) Tj ET Q q 0 0 0 rg BT 452.67 275.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 498.94 275.10 Td (of ) Tj ET Q q 0 0 0 rg BT 510.00 275.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 534.61 275.10 Td (and ) Tj ET Q q 0 0 0 rg BT 552.56 275.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.10 Td (subsidiaries. ) Tj ET Q q 0 0 0 rg BT 101.96 263.10 Td (Contributions ) Tj ET Q q 0 0 0 rg BT 159.21 263.10 Td (to ) Tj ET Q q 0 0 0 rg BT 169.23 263.10 Td (this ) Tj ET Q q 0 0 0 rg BT 185.92 263.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 205.38 263.10 Td (are ) Tj ET Q q 0 0 0 rg BT 219.83 263.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 250.40 263.10 Td (based ) Tj ET Q q 0 0 0 rg BT 275.41 263.10 Td (on ) Tj ET Q q 0 0 0 rg BT 287.65 263.10 Td (IRS ) Tj ET Q q 0 0 0 rg BT 305.46 263.10 Td (guidelines. ) Tj ET Q q 0 0 0 rg BT 350.81 263.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 374.16 263.10 Td (matches ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.17 263.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.50 263.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.74 263.10 Td (of ) Tj ET Q q 0 0 0 rg BT 445.31 263.10 Td (the ) Tj ET Q q 0 0 0 rg BT 459.77 263.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 500.89 263.10 Td (contribution ) Tj ET Q q 0 0 0 rg BT 552.01 263.10 Td (up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.21 251.10 Td (2.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.04 251.10 Td ( ) Tj ET Q q 0 0 0 rg BT 83.47 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 94.23 251.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 123.31 251.10 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 162.12 251.10 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.22 251.10 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.55 251.10 Td ( ) Tj ET Q q 0 0 0 rg BT 201.98 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 212.73 251.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 255.15 251.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 310.36 251.10 Td (up ) Tj ET Q q 0 0 0 rg BT 322.79 251.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.99 251.10 Td (2.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.82 251.10 Td ( ) Tj ET Q q 0 0 0 rg BT 356.25 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 367.01 251.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 396.10 251.10 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 434.90 251.10 Td (for ) Tj ET Q q 0 0 0 rg BT 448.99 251.10 Td (a ) Tj ET Q q 0 0 0 rg BT 455.86 251.10 Td (total ) Tj ET Q q 0 0 0 rg BT 476.06 251.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 519.04 251.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 553.68 251.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.10 Td (3.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 239.10 Td ( ) Tj ET Q q 0 0 0 rg BT 78.85 239.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.21 239.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 119.89 239.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 156.79 239.10 Td (per ) Tj ET Q q 0 0 0 rg BT 172.59 239.10 Td (participant. ) Tj ET Q q 0 0 0 rg BT 220.20 239.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 243.90 239.10 Td ( ) Tj ET Q q 0 0 0 rg BT 246.92 239.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 287.16 239.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 342.96 239.10 Td (are ) Tj ET Q q 0 0 0 rg BT 358.19 239.10 Td (discretionary) Tj ET Q q 0 0 0 rg BT 409.74 239.10 Td (. ) Tj ET Q q 0 0 0 rg BT 415.27 239.10 Td (Employees ) Tj ET Q q 0 0 0 rg BT 462.73 239.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.96 239.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.29 239.10 Td ( ) Tj ET Q q 0 0 0 rg BT 504.31 239.10 Td (vested ) Tj ET Q q 0 0 0 rg BT 532.88 239.10 Td (in ) Tj ET Q q 0 0 0 rg BT 543.69 239.10 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.10 Td (own ) Tj ET Q q 0 0 0 rg BT 69.75 227.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 125.04 227.10 Td (and ) Tj ET Q q 0 0 0 rg BT 142.00 227.10 Td (vest ) Tj ET Q q 0 0 0 rg BT 160.64 227.10 Td (in ) Tj ET Q q 0 0 0 rg BT 170.38 227.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 194.01 227.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 249.31 227.10 Td (based ) Tj ET Q q 0 0 0 rg BT 274.60 227.10 Td (on ) Tj ET Q q 0 0 0 rg BT 287.12 227.10 Td (years ) Tj ET Q q 0 0 0 rg BT 310.75 227.10 Td (of ) Tj ET Q q 0 0 0 rg BT 321.60 227.10 Td (service ) Tj ET Q q 0 0 0 rg BT 352.44 227.10 Td (equally ) Tj ET Q q 0 0 0 rg BT 384.40 227.10 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.69 227.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 412.21 227.10 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.31 227.10 Td ( ) Tj ET Q q 0 0 0 rg BT 435.83 227.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.14 227.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.47 227.10 Td ( ) Tj ET Q q 0 0 0 rg BT 481.99 227.10 Td (vested ) Tj ET Q q 0 0 0 rg BT 510.06 227.10 Td (after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.90 227.10 Td (5 ) Tj ET Q q 0 0 0 rg BT 538.42 227.10 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.52 227.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 91.39 215.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 146.66 215.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.59 215.10 Td ($147,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.09 215.10 Td ( ) Tj ET Q q 0 0 0 rg BT 208.59 215.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.53 215.10 Td ($128,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.03 215.10 Td ( ) Tj ET Q q 0 0 0 rg BT 265.53 215.10 Td (for ) Tj ET Q q 0 0 0 rg BT 279.69 215.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.40 215.10 Td (three ) Tj ET Q q 0 0 0 rg BT 316.89 215.10 Td (month ) Tj ET Q q 0 0 0 rg BT 344.95 215.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 376.88 215.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 403.26 215.10 Td (March ) Tj ET Q q 0 0 0 rg BT 431.86 215.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 446.86 215.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 469.36 215.10 Td (and ) Tj ET Q q 0 0 0 rg BT 486.30 215.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 215.10 Td (, ) Tj ET Q q 0 0 0 rg BT 511.30 215.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 558.96 215.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (Employee ) Tj ET Q q 0 0 0 rg BT 94.98 198.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 121.64 198.10 Td (Pur) Tj ET Q q 0 0 0 rg BT 137.57 198.10 Td (chase ) Tj ET Q q 0 0 0 rg BT 163.66 198.10 Td (Plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.11 198.10 Td ( ) Tj ET Q q 0 0 0 rg BT 185.88 198.10 Td (- ) Tj ET Q q 0 0 0 rg BT 191.77 198.10 Td (The ) Tj ET Q q 0 0 0 rg BT 209.47 198.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 233.35 198.10 Td (Employee ) Tj ET Q q 0 0 0 rg BT 276.65 198.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 302.20 198.10 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 341.06 198.10 Td (Plan ) Tj ET Q q 0 0 0 rg BT 361.60 198.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 379.92 198.10 Td (ESPP\) ) Tj ET Q q 0 0 0 rg BT 417.68 198.10 Td (encourages ) Tj ET Q q 0 0 0 rg BT 465.42 198.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 507.06 198.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 539.26 198.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.80 198.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.10 Td (operation, ) Tj ET Q q 0 0 0 rg BT 93.92 186.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 125.90 186.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.99 186.10 Td (development ) Tj ET Q q 0 0 0 rg BT 199.30 186.10 Td (of ) Tj ET Q q 0 0 0 rg BT 210.48 186.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 235.24 186.10 Td (and ) Tj ET Q q 0 0 0 rg BT 253.33 186.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 291.42 186.10 Td (an ) Tj ET Q q 0 0 0 rg BT 304.51 186.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 348.16 186.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 395.69 186.10 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 446.01 186.10 Td (to ) Tj ET Q q 0 0 0 rg BT 457.44 186.10 Td (employees. ) Tj ET Q q 0 0 0 rg BT 506.36 186.10 Td (Full ) Tj ET Q q 0 0 0 rg BT 526.13 186.10 Td (time ) Tj ET Q q 0 0 0 rg BT 547.56 186.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (permanent ) Tj ET Q q 0 0 0 rg BT 95.15 174.10 Td (part ) Tj ET Q q 0 0 0 rg BT 113.64 174.10 Td (time ) Tj ET Q q 0 0 0 rg BT 134.36 174.10 Td (employees ) Tj ET Q q 0 0 0 rg BT 180.07 174.10 Td (working ) Tj ET Q q 0 0 0 rg BT 216.35 174.10 Td (more ) Tj ET Q q 0 0 0 rg BT 239.84 174.10 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.01 174.10 Td (30 ) Tj ET Q q 0 0 0 rg BT 272.95 174.10 Td (hours) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.18 174.10 Td ( ) Tj ET Q q 0 0 0 rg BT 298.12 174.10 Td (per ) Tj ET Q q 0 0 0 rg BT 313.84 174.10 Td (week ) Tj ET Q q 0 0 0 rg BT 337.88 174.10 Td (were ) Tj ET Q q 0 0 0 rg BT 360.26 174.10 Td (allowed ) Tj ET Q q 0 0 0 rg BT 394.86 174.10 Td (to ) Tj ET Q q 0 0 0 rg BT 405.59 174.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 432.42 174.10 Td (up ) Tj ET Q q 0 0 0 rg BT 445.37 174.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.09 174.10 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.92 174.10 Td ( ) Tj ET Q q 0 0 0 rg BT 479.87 174.10 Td (of ) Tj ET Q q 0 0 0 rg BT 491.15 174.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 527.42 174.10 Td (salary ) Tj ET Q q 0 0 0 rg BT 554.24 174.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.16 162.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 109.09 162.10 Td (voting ) Tj ET Q q 0 0 0 rg BT 136.69 162.10 Td (common ) Tj ET Q q 0 0 0 rg BT 173.74 162.10 Td (shares. ) Tj ET Q q 0 0 0 rg BT 202.83 162.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 225.99 162.10 Td (matches ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.80 162.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.13 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 286.18 162.10 Td (of ) Tj ET Q q 0 0 0 rg BT 296.56 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 310.83 162.10 Td (employee ) Tj ET Q q 0 0 0 rg BT 351.75 162.10 Td (contribution ) Tj ET Q q 0 0 0 rg BT 402.69 162.10 Td (up ) Tj ET Q q 0 0 0 rg BT 414.74 162.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.57 162.10 Td (2.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.40 162.10 Td ( ) Tj ET Q q 0 0 0 rg BT 447.45 162.10 Td (of ) Tj ET Q q 0 0 0 rg BT 457.83 162.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 486.53 162.10 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 524.96 162.10 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.68 162.10 Td (50%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.99 150.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 103.65 150.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 159.08 150.10 Td (up ) Tj ET Q q 0 0 0 rg BT 171.75 150.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.19 150.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.52 150.10 Td ( ) Tj ET Q q 0 0 0 rg BT 198.18 150.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.18 150.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 238.50 150.10 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 277.54 150.10 Td (for ) Tj ET Q q 0 0 0 rg BT 291.86 150.10 Td (a ) Tj ET Q q 0 0 0 rg BT 298.96 150.10 Td (total ) Tj ET Q q 0 0 0 rg BT 319.40 150.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 362.61 150.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 397.49 150.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.48 150.10 Td (5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.81 150.10 Td ( ) Tj ET Q q 0 0 0 rg BT 424.47 150.10 Td (of ) Tj ET Q q 0 0 0 rg BT 435.47 150.10 Td (annual ) Tj ET Q q 0 0 0 rg BT 464.79 150.10 Td (earnings ) Tj ET Q q 0 0 0 rg BT 501.33 150.10 Td (per ) Tj ET Q q 0 0 0 rg BT 516.76 150.10 Td (participant. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 138.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.30 138.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 116.12 138.10 Td (contributions ) Tj ET Q q 0 0 0 rg BT 171.50 138.10 Td (are ) Tj ET Q q 0 0 0 rg BT 186.31 138.10 Td (discretionary) Tj ET Q q 0 0 0 rg BT 237.87 138.10 Td (. ) Tj ET Q q 0 0 0 rg BT 242.40 138.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 266.11 138.10 Td (also ) Tj ET Q q 0 0 0 rg BT 284.83 138.10 Td (pays ) Tj ET Q q 0 0 0 rg BT 305.76 138.10 Td (all ) Tj ET Q q 0 0 0 rg BT 318.37 138.10 Td (administrative ) Tj ET Q q 0 0 0 rg BT 378.18 138.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 400.79 138.10 Td (related ) Tj ET Q q 0 0 0 rg BT 430.59 138.10 Td (to ) Tj ET Q q 0 0 0 rg BT 440.98 138.10 Td (this ) Tj ET Q q 0 0 0 rg BT 458.03 138.10 Td (plan. ) Tj ET Q q 0 0 0 rg BT 479.78 138.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 503.48 138.10 Td ( ) Tj ET Q q 0 0 0 rg BT 506.08 138.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 528.69 138.10 Td (incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (related ) Tj ET Q q 0 0 0 rg BT 80.11 126.10 Td (to ) Tj ET Q q 0 0 0 rg BT 90.80 126.10 Td (the ) Tj ET Q q 0 0 0 rg BT 105.93 126.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 146.05 126.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 177.85 126.10 Td (of ) Tj ET Q q 0 0 0 rg BT 189.09 126.10 Td (the ) Tj ET Q q 0 0 0 rg BT 204.21 126.10 Td (ESPP) Tj ET Q q 0 0 0 rg BT 226.64 126.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.55 126.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.88 126.10 Td ($65,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.38 126.10 Td ( ) Tj ET Q q 0 0 0 rg BT 287.29 126.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.64 126.10 Td ($55,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.14 126.10 Td ( ) Tj ET Q q 0 0 0 rg BT 340.05 126.10 Td (for ) Tj ET Q q 0 0 0 rg BT 354.62 126.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.75 126.10 Td (three ) Tj ET Q q 0 0 0 rg BT 392.65 126.10 Td (month ) Tj ET Q q 0 0 0 rg BT 421.11 126.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 453.46 126.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 480.25 126.10 Td (March ) Tj ET Q q 0 0 0 rg BT 509.26 126.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 524.67 126.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 547.58 126.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 114.10 Td (, ) Tj ET Q q 0 0 0 rg BT 75.00 114.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 122.66 114.10 Td (. ) Tj ET Q q 0 0 0 rg BT 127.66 114.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 152.93 114.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 194.86 114.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 231.80 114.10 Td (to ) Tj ET Q q 0 0 0 rg BT 242.08 114.10 Td (this ) Tj ET Q q 0 0 0 rg BT 259.02 114.10 Td (plan ) Tj ET Q q 0 0 0 rg BT 278.74 114.10 Td (are ) Tj ET Q q 0 0 0 rg BT 293.45 114.10 Td (made ) Tj ET Q q 0 0 0 rg BT 317.60 114.10 Td (in ) Tj ET Q q 0 0 0 rg BT 327.88 114.10 Td (the ) Tj ET Q q 0 0 0 rg BT 342.60 114.10 Td (open ) Tj ET Q q 0 0 0 rg BT 364.54 114.10 Td (market.) Tj ET Q endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (14. SHARE CAPIT) Tj ET Q q 0 0 0 rg BT 152.82 742.25 Td (AL) Tj ET Q q 0 0 0 rg BT 166.16 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 168.11 742.25 Td (AND MEZZANINE EQUITY) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 76.95 725.25 Td (Capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 708.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 708.25 Td (share ) Tj ET Q q 0 0 0 rg BT 91.65 708.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 120.80 708.25 Td (is ) Tj ET Q q 0 0 0 rg BT 129.97 708.25 Td (as ) Tj ET Q q 0 0 0 rg BT 140.80 708.25 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 646.75 141.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 646.75 59.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 646.75 54.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 646.75 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 646.75 42.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 646.75 54.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 646.75 60.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 646.75 42.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 615.75 141.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 615.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 615.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 615.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 615.75 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 615.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 615.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 615.75 42.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 692.75 m 304.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 680.75 m 304.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 692.75 m 364.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 680.75 m 364.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 692.75 m 406.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 680.75 m 406.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 692.75 m 460.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 680.75 m 460.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 692.75 m 520.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 680.75 m 520.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 692.75 m 562.5 692.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 680.75 m 562.5 680.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 615.75 m 250.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 601.75 m 250.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 599.75 m 250.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 615.75 m 304.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 601.75 m 304.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 599.75 m 304.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 615.75 m 364.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 601.75 m 364.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 599.75 m 364.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 615.75 m 406.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 601.75 m 406.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 599.75 m 406.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 615.75 m 460.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 601.75 m 460.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 599.75 m 460.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 615.75 m 520.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 601.75 m 520.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 599.75 m 520.5 599.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 615.75 m 562.5 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 601.75 m 562.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 599.75 m 562.5 599.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.90 683.48 Td (Mar) Tj ET Q q 0 0 0 rg BT 313.69 683.48 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 683.48 Td (December) Tj ET Q q 0 0 0 rg BT 486.87 683.48 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.10 661.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 226.57 661.43 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.30 651.43 Td (Authorized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.60 661.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 283.07 661.43 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.35 651.43 Td (Issued) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.60 661.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 340.07 661.43 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.30 651.43 Td (Outstanding) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.45 671.43 Td (Amount ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.40 661.43 Td (\($ in ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.20 651.43 Td (000s\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.60 661.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 439.07 661.43 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.35 651.43 Td (Issued) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.60 661.43 Td (Shar) Tj ET Q q 0 0 0 rg BT 495.98 661.43 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.30 651.43 Td (Outstanding) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.45 671.43 Td (Amount ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.40 661.43 Td (\($ in ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.20 651.43 Td (000s\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.42 Td (Ordinary voting common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.60 635.42 Td (266,666,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.60 635.42 Td (12,192,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.60 635.42 Td (1) Tj ET Q q 0 0 0 rg BT 320.60 635.42 Td (1,936,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.00 635.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.65 635.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.60 635.42 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.60 635.42 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 635.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 635.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 620.42 Td (Restricted voting common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.60 620.42 Td (33,333,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 620.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 605.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 605.42 Td (otal common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.60 605.42 Td (300,000,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.60 605.42 Td (12,192,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.60 605.42 Td (1) Tj ET Q q 0 0 0 rg BT 320.60 605.42 Td (1,936,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.00 605.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.65 605.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.60 605.42 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.60 605.42 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.00 605.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 605.42 Td (36) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.25 Td (During ) Tj ET Q q 0 0 0 rg BT 81.38 584.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 106.93 584.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.19 584.25 Td (128,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.69 584.25 Td ( ) Tj ET Q q 0 0 0 rg BT 157.74 584.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 198.00 584.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 226.60 584.25 Td (common ) Tj ET Q q 0 0 0 rg BT 264.65 584.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 292.69 584.25 Td (that ) Tj ET Q q 0 0 0 rg BT 310.73 584.25 Td (were ) Tj ET Q q 0 0 0 rg BT 333.21 584.25 Td (beneficially ) Tj ET Q q 0 0 0 rg BT 383.45 584.25 Td (owned ) Tj ET Q q 0 0 0 rg BT 413.16 584.25 Td (or ) Tj ET Q q 0 0 0 rg BT 424.54 584.25 Td (controlled ) Tj ET Q q 0 0 0 rg BT 468.13 584.25 Td (by ) Tj ET Q q 0 0 0 rg BT 481.18 584.25 Td (Kingsway ) Tj ET Q q 0 0 0 rg BT 524.79 584.25 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.25 Td (Services, ) Tj ET Q q 0 0 0 rg BT 89.79 572.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 108.47 572.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 152.99 572.25 Td (its ) Tj ET Q q 0 0 0 rg BT 165.85 572.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 216.47 572.25 Td (and ) Tj ET Q q 0 0 0 rg BT 234.33 572.25 Td (af) Tj ET Q q 0 0 0 rg BT 241.91 572.25 Td (filiated ) Tj ET Q q 0 0 0 rg BT 273.65 572.25 Td (companies, ) Tj ET Q q 0 0 0 rg BT 322.32 572.25 Td (Kingsway\) ) Tj ET Q q 0 0 0 rg BT 378.49 572.25 Td (were ) Tj ET Q q 0 0 0 rg BT 401.33 572.25 Td (sold ) Tj ET Q q 0 0 0 rg BT 421.42 572.25 Td (to ) Tj ET Q q 0 0 0 rg BT 432.61 572.25 Td (non-af) Tj ET Q q 0 0 0 rg BT 458.52 572.25 Td (filiates ) Tj ET Q q 0 0 0 rg BT 489.15 572.25 Td (of ) Tj ET Q q 0 0 0 rg BT 500.89 572.25 Td (Kingsway) Tj ET Q q 0 0 0 rg BT 540.79 572.25 Td (. ) Tj ET Q q 0 0 0 rg BT 546.46 572.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 90.02 560.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 118.39 560.25 Td (common ) Tj ET Q q 0 0 0 rg BT 156.21 560.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 184.01 560.25 Td (are ) Tj ET Q q 0 0 0 rg BT 199.04 560.25 Td (entitled ) Tj ET Q q 0 0 0 rg BT 231.85 560.25 Td (to ) Tj ET Q q 0 0 0 rg BT 242.44 560.25 Td (vote ) Tj ET Q q 0 0 0 rg BT 262.48 560.25 Td (at ) Tj ET Q q 0 0 0 rg BT 272.51 560.25 Td (all ) Tj ET Q q 0 0 0 rg BT 285.32 560.25 Td (meetings ) Tj ET Q q 0 0 0 rg BT 324.24 560.25 Td (of ) Tj ET Q q 0 0 0 rg BT 335.39 560.25 Td (shareholders, ) Tj ET Q q 0 0 0 rg BT 391.25 560.25 Td (except ) Tj ET Q q 0 0 0 rg BT 420.16 560.25 Td (at ) Tj ET Q q 0 0 0 rg BT 430.19 560.25 Td (meetings ) Tj ET Q q 0 0 0 rg BT 469.11 560.25 Td (of ) Tj ET Q q 0 0 0 rg BT 480.26 560.25 Td (holders ) Tj ET Q q 0 0 0 rg BT 512.51 560.25 Td (of ) Tj ET Q q 0 0 0 rg BT 523.66 560.25 Td (a ) Tj ET Q q 0 0 0 rg BT 530.92 560.25 Td (specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.25 Td (class ) Tj ET Q q 0 0 0 rg BT 71.79 548.25 Td (that ) Tj ET Q q 0 0 0 rg BT 89.14 548.25 Td (are ) Tj ET Q q 0 0 0 rg BT 103.71 548.25 Td (entitled ) Tj ET Q q 0 0 0 rg BT 136.05 548.25 Td (to ) Tj ET Q q 0 0 0 rg BT 146.18 548.25 Td (vote ) Tj ET Q q 0 0 0 rg BT 165.76 548.25 Td (separately ) Tj ET Q q 0 0 0 rg BT 208.64 548.25 Td (as ) Tj ET Q q 0 0 0 rg BT 219.33 548.25 Td (a ) Tj ET Q q 0 0 0 rg BT 226.12 548.25 Td (class. ) Tj ET Q q 0 0 0 rg BT 250.42 548.25 Td ( ) Tj ET Q q 0 0 0 rg BT 252.60 548.25 Td (The ) Tj ET Q q 0 0 0 rg BT 270.50 548.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 310.06 548.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 337.97 548.25 Td (common ) Tj ET Q q 0 0 0 rg BT 375.32 548.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 402.67 548.25 Td (as ) Tj ET Q q 0 0 0 rg BT 413.35 548.25 Td (a ) Tj ET Q q 0 0 0 rg BT 420.14 548.25 Td (class ) Tj ET Q q 0 0 0 rg BT 441.94 548.25 Td (shall ) Tj ET Q q 0 0 0 rg BT 463.18 548.25 Td (not ) Tj ET Q q 0 0 0 rg BT 478.31 548.25 Td (carry ) Tj ET Q q 0 0 0 rg BT 501.20 548.25 Td (more ) Tj ET Q q 0 0 0 rg BT 524.11 548.25 Td (than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.68 548.25 Td (30%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.76 536.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.41 536.25 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 116.70 536.25 Td (votes ) Tj ET Q q 0 0 0 rg BT 140.24 536.25 Td (eligible ) Tj ET Q q 0 0 0 rg BT 172.66 536.25 Td (to ) Tj ET Q q 0 0 0 rg BT 182.87 536.25 Td (be ) Tj ET Q q 0 0 0 rg BT 194.74 536.25 Td (voted ) Tj ET Q q 0 0 0 rg BT 219.39 536.25 Td (at ) Tj ET Q q 0 0 0 rg BT 229.03 536.25 Td (a ) Tj ET Q q 0 0 0 rg BT 235.90 536.25 Td (general ) Tj ET Q q 0 0 0 rg BT 267.76 536.25 Td (meeting ) Tj ET Q q 0 0 0 rg BT 302.40 536.25 Td (of ) Tj ET Q q 0 0 0 rg BT 313.16 536.25 Td (common ) Tj ET Q q 0 0 0 rg BT 350.59 536.25 Td (shareholders. ) Tj ET Q q 0 0 0 rg BT 405.88 536.25 Td (The ) Tj ET Q q 0 0 0 rg BT 423.86 536.25 Td (Kingsway-owned ) Tj ET Q q 0 0 0 rg BT 496.83 536.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 536.46 536.25 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.25 Td (common ) Tj ET Q q 0 0 0 rg BT 87.64 524.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 115.28 524.25 Td (automatically ) Tj ET Q q 0 0 0 rg BT 172.35 524.25 Td (converted ) Tj ET Q q 0 0 0 rg BT 214.42 524.25 Td (to ) Tj ET Q q 0 0 0 rg BT 224.84 524.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 261.37 524.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 289.57 524.25 Td (common ) Tj ET Q q 0 0 0 rg BT 327.21 524.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 354.85 524.25 Td (upon ) Tj ET Q q 0 0 0 rg BT 377.50 524.25 Td (their ) Tj ET Q q 0 0 0 rg BT 398.47 524.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 416.66 524.25 Td (to ) Tj ET Q q 0 0 0 rg BT 427.08 524.25 Td (non-af) Tj ET Q q 0 0 0 rg BT 453.00 524.25 Td (filiates ) Tj ET Q q 0 0 0 rg BT 482.86 524.25 Td (of ) Tj ET Q q 0 0 0 rg BT 493.84 524.25 Td (Kingsway) Tj ET Q q 0 0 0 rg BT 533.74 524.25 Td (. ) Tj ET Q q 0 0 0 rg BT 538.70 524.25 Td (There ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.25 Td (are ) Tj ET Q q 0 0 0 rg BT 64.71 512.25 Td (no ) Tj ET Q q 0 0 0 rg BT 77.21 512.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 116.91 512.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 144.97 512.25 Td (common ) Tj ET Q q 0 0 0 rg BT 182.46 512.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 209.95 512.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 259.12 512.25 Td (as ) Tj ET Q q 0 0 0 rg BT 269.95 512.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.78 512.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 324.38 512.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.38 512.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.25 Td (There ) Tj ET Q q 0 0 0 rg BT 74.69 495.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.49 495.25 Td (7,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.99 495.25 Td ( ) Tj ET Q q 0 0 0 rg BT 119.37 495.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.18 495.25 Td (14,816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.68 495.25 Td ( ) Tj ET Q q 0 0 0 rg BT 164.06 495.25 Td (non-vested ) Tj ET Q q 0 0 0 rg BT 209.31 495.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 247.88 495.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 270.37 495.25 Td (units ) Tj ET Q q 0 0 0 rg BT 291.19 495.25 Td (\(RSUs\) ) Tj ET Q q 0 0 0 rg BT 331.45 495.25 Td (as ) Tj ET Q q 0 0 0 rg BT 341.15 495.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.85 495.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 393.33 495.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.33 495.25 Td ( ) Tj ET Q q 0 0 0 rg BT 414.70 495.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.52 495.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 487.97 495.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.97 495.25 Td (, ) Tj ET Q q 0 0 0 rg BT 511.85 495.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 559.51 495.25 Td (. ) Tj ET Q q 0 0 0 rg BT 564.51 495.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.25 Td (These ) Tj ET Q q 0 0 0 rg BT 76.65 483.25 Td (RSUs ) Tj ET Q q 0 0 0 rg BT 102.77 483.25 Td (are ) Tj ET Q q 0 0 0 rg BT 117.75 483.25 Td (participative ) Tj ET Q q 0 0 0 rg BT 170.50 483.25 Td (and ) Tj ET Q q 0 0 0 rg BT 187.72 483.25 Td (are ) Tj ET Q q 0 0 0 rg BT 202.70 483.25 Td (included ) Tj ET Q q 0 0 0 rg BT 239.91 483.25 Td (in ) Tj ET Q q 0 0 0 rg BT 250.46 483.25 Td (the ) Tj ET Q q 0 0 0 rg BT 265.45 483.25 Td (computations ) Tj ET Q q 0 0 0 rg BT 322.11 483.25 Td (of ) Tj ET Q q 0 0 0 rg BT 333.21 483.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 369.87 483.25 Td (per ) Tj ET Q q 0 0 0 rg BT 385.41 483.25 Td (common ) Tj ET Q q 0 0 0 rg BT 423.18 483.25 Td (share ) Tj ET Q q 0 0 0 rg BT 447.05 483.25 Td (and ) Tj ET Q q 0 0 0 rg BT 464.27 483.25 Td (book ) Tj ET Q q 0 0 0 rg BT 487.04 483.25 Td (value ) Tj ET Q q 0 0 0 rg BT 511.47 483.25 Td (per ) Tj ET Q q 0 0 0 rg BT 527.02 483.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.25 Td (share ) Tj ET Q q 0 0 0 rg BT 73.60 471.25 Td (for ) Tj ET Q q 0 0 0 rg BT 87.76 471.25 Td (these ) Tj ET Q q 0 0 0 rg BT 110.81 471.25 Td (periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (During ) Tj ET Q q 0 0 0 rg BT 81.03 454.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.95 454.25 Td (three ) Tj ET Q q 0 0 0 rg BT 118.64 454.25 Td (month ) Tj ET Q q 0 0 0 rg BT 146.90 454.25 Td (period ) Tj ET Q q 0 0 0 rg BT 175.15 454.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 201.73 454.25 Td (March ) Tj ET Q q 0 0 0 rg BT 230.53 454.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 245.73 454.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.73 454.25 Td (, ) Tj ET Q q 0 0 0 rg BT 270.94 454.25 Td (the ) Tj ET Q q 0 0 0 rg BT 285.85 454.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 327.44 454.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 454.25 Td (7,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 454.25 Td ( ) Tj ET Q q 0 0 0 rg BT 380.35 454.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 416.93 454.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 445.19 454.25 Td (common ) Tj ET Q q 0 0 0 rg BT 482.89 454.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 510.58 454.25 Td (as ) Tj ET Q q 0 0 0 rg BT 521.61 454.25 Td (a ) Tj ET Q q 0 0 0 rg BT 528.75 454.25 Td (result ) Tj ET Q q 0 0 0 rg BT 553.67 454.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.43 442.25 Td (vesting ) Tj ET Q q 0 0 0 rg BT 95.53 442.25 Td (of ) Tj ET Q q 0 0 0 rg BT 106.08 442.25 Td (RSUs. ) Tj ET Q q 0 0 0 rg BT 134.14 442.25 Td (During ) Tj ET Q q 0 0 0 rg BT 164.68 442.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.11 442.25 Td (three ) Tj ET Q q 0 0 0 rg BT 201.31 442.25 Td (month ) Tj ET Q q 0 0 0 rg BT 229.08 442.25 Td (period ) Tj ET Q q 0 0 0 rg BT 256.84 442.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 282.93 442.25 Td (March ) Tj ET Q q 0 0 0 rg BT 311.25 442.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 325.96 442.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.96 442.25 Td (, ) Tj ET Q q 0 0 0 rg BT 350.68 442.25 Td (the ) Tj ET Q q 0 0 0 rg BT 365.11 442.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 406.21 442.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.42 442.25 Td (27,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.92 442.25 Td ( ) Tj ET Q q 0 0 0 rg BT 463.14 442.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 499.23 442.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 527.00 442.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 77.54 430.25 Td (and ) Tj ET Q q 0 0 0 rg BT 94.54 430.25 Td (immediately ) Tj ET Q q 0 0 0 rg BT 147.08 430.25 Td (canceled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.60 430.25 Td (6,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.10 430.25 Td ( ) Tj ET Q q 0 0 0 rg BT 209.65 430.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 237.20 430.25 Td (as ) Tj ET Q q 0 0 0 rg BT 248.08 430.25 Td (a ) Tj ET Q q 0 0 0 rg BT 255.07 430.25 Td (result ) Tj ET Q q 0 0 0 rg BT 279.84 430.25 Td (of ) Tj ET Q q 0 0 0 rg BT 290.73 430.25 Td (a ) Tj ET Q q 0 0 0 rg BT 297.72 430.25 Td (cashless ) Tj ET Q q 0 0 0 rg BT 333.04 430.25 Td (exercise ) Tj ET Q q 0 0 0 rg BT 368.35 430.25 Td (of ) Tj ET Q q 0 0 0 rg BT 379.23 430.25 Td (options. ) Tj ET Q q 0 0 0 rg BT 413.74 430.25 Td (During ) Tj ET Q q 0 0 0 rg BT 444.62 430.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.39 430.25 Td (three ) Tj ET Q q 0 0 0 rg BT 481.93 430.25 Td (month ) Tj ET Q q 0 0 0 rg BT 510.04 430.25 Td (period ) Tj ET Q q 0 0 0 rg BT 538.14 430.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (March ) Tj ET Q q 0 0 0 rg BT 78.60 418.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 93.60 418.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.60 418.25 Td (, ) Tj ET Q q 0 0 0 rg BT 118.60 418.25 Td (the ) Tj ET Q q 0 0 0 rg BT 133.32 418.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 174.70 418.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.20 418.25 Td (7,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.70 418.25 Td ( ) Tj ET Q q 0 0 0 rg BT 227.20 418.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 263.58 418.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 291.64 418.25 Td (common ) Tj ET Q q 0 0 0 rg BT 329.13 418.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 356.62 418.25 Td (as ) Tj ET Q q 0 0 0 rg BT 367.45 418.25 Td (a ) Tj ET Q q 0 0 0 rg BT 374.39 418.25 Td (result ) Tj ET Q q 0 0 0 rg BT 399.11 418.25 Td (of ) Tj ET Q q 0 0 0 rg BT 409.94 418.25 Td (the ) Tj ET Q q 0 0 0 rg BT 424.65 418.25 Td (vesting ) Tj ET Q q 0 0 0 rg BT 456.04 418.25 Td (of ) Tj ET Q q 0 0 0 rg BT 466.87 418.25 Td (RSUs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.25 Td (On ) Tj ET Q q 0 0 0 rg BT 64.15 401.25 Td (March ) Tj ET Q q 0 0 0 rg BT 92.17 401.25 Td (21, ) Tj ET Q q 0 0 0 rg BT 106.60 401.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 131.03 401.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.17 401.25 Td (Company) Tj ET Q q 0 0 0 rg BT 186.83 401.25 Td (s ) Tj ET Q q 0 0 0 rg BT 192.65 401.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 219.02 401.25 Td (of ) Tj ET Q q 0 0 0 rg BT 229.27 401.25 Td (Directors ) Tj ET Q q 0 0 0 rg BT 268.41 401.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 307.54 401.25 Td (a ) Tj ET Q q 0 0 0 rg BT 313.90 401.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 338.60 401.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 387.17 401.25 Td (Program ) Tj ET Q q 0 0 0 rg BT 423.54 401.25 Td (of ) Tj ET Q q 0 0 0 rg BT 433.79 401.25 Td (up ) Tj ET Q q 0 0 0 rg BT 445.72 401.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.42 401.25 Td (650,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.92 401.25 Td ( ) Tj ET Q q 0 0 0 rg BT 489.85 401.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 516.77 401.25 Td (of ) Tj ET Q q 0 0 0 rg BT 527.02 401.25 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 389.25 Td (stock. ) Tj ET Q q 0 0 0 rg BT 76.60 389.25 Td (The ) Tj ET Q q 0 0 0 rg BT 95.37 389.25 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 145.79 389.25 Td (could ) Tj ET Q q 0 0 0 rg BT 171.23 389.25 Td (be ) Tj ET Q q 0 0 0 rg BT 183.89 389.25 Td (made ) Tj ET Q q 0 0 0 rg BT 208.77 389.25 Td (from ) Tj ET Q q 0 0 0 rg BT 231.43 389.25 Td (time ) Tj ET Q q 0 0 0 rg BT 252.42 389.25 Td (to ) Tj ET Q q 0 0 0 rg BT 263.42 389.25 Td (time ) Tj ET Q q 0 0 0 rg BT 284.42 389.25 Td (in ) Tj ET Q q 0 0 0 rg BT 295.42 389.25 Td (open ) Tj ET Q q 0 0 0 rg BT 318.08 389.25 Td (market ) Tj ET Q q 0 0 0 rg BT 349.07 389.25 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 402.56 389.25 Td (privately-negotiated ) Tj ET Q q 0 0 0 rg BT 486.30 389.25 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 539.79 389.25 Td (block ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 377.25 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 94.19 377.25 Td (or ) Tj ET Q q 0 0 0 rg BT 104.79 377.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 145.93 377.25 Td (in ) Tj ET Q q 0 0 0 rg BT 155.97 377.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 203.20 377.25 Td (with ) Tj ET Q q 0 0 0 rg BT 223.24 377.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 263.27 377.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 283.86 377.25 Td (at ) Tj ET Q q 0 0 0 rg BT 293.35 377.25 Td (the ) Tj ET Q q 0 0 0 rg BT 307.83 377.25 Td (discretion ) Tj ET Q q 0 0 0 rg BT 349.53 377.25 Td (of ) Tj ET Q q 0 0 0 rg BT 360.12 377.25 Td (the ) Tj ET Q q 0 0 0 rg BT 374.60 377.25 Td (Company) Tj ET Q q 0 0 0 rg BT 416.27 377.25 Td (s ) Tj ET Q q 0 0 0 rg BT 422.42 377.25 Td (management ) Tj ET Q q 0 0 0 rg BT 475.78 377.25 Td (until ) Tj ET Q q 0 0 0 rg BT 496.38 377.25 Td (March ) Tj ET Q q 0 0 0 rg BT 524.74 377.25 Td (21, ) Tj ET Q q 0 0 0 rg BT 539.50 377.25 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 365.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.94 365.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 95.10 365.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 145.14 365.25 Td (Program ) Tj ET Q q 0 0 0 rg BT 182.97 365.25 Td (was ) Tj ET Q q 0 0 0 rg BT 201.91 365.25 Td (not ) Tj ET Q q 0 0 0 rg BT 218.08 365.25 Td (extended. ) Tj ET Q q 0 0 0 rg BT 259.83 365.25 Td (The ) Tj ET Q q 0 0 0 rg BT 278.77 365.25 Td (Company) Tj ET Q q 0 0 0 rg BT 320.43 365.25 Td (s ) Tj ET Q q 0 0 0 rg BT 327.71 365.25 Td (decisions ) Tj ET Q q 0 0 0 rg BT 368.32 365.25 Td (around ) Tj ET Q q 0 0 0 rg BT 399.48 365.25 Td (the ) Tj ET Q q 0 0 0 rg BT 415.09 365.25 Td (timing, ) Tj ET Q q 0 0 0 rg BT 447.10 365.25 Td (volume, ) Tj ET Q q 0 0 0 rg BT 482.99 365.25 Td (and ) Tj ET Q q 0 0 0 rg BT 500.82 365.25 Td (nature ) Tj ET Q q 0 0 0 rg BT 529.20 365.25 Td (of ) Tj ET Q q 0 0 0 rg BT 540.92 365.25 Td (share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 353.25 Td (repurchases, ) Tj ET Q q 0 0 0 rg BT 101.95 353.25 Td (and ) Tj ET Q q 0 0 0 rg BT 118.65 353.25 Td (the ) Tj ET Q q 0 0 0 rg BT 133.12 353.25 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 168.14 353.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 200.39 353.25 Td (of ) Tj ET Q q 0 0 0 rg BT 210.98 353.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 238.22 353.25 Td (repurchased, ) Tj ET Q q 0 0 0 rg BT 291.28 353.25 Td (was ) Tj ET Q q 0 0 0 rg BT 309.09 353.25 Td (dependent ) Tj ET Q q 0 0 0 rg BT 352.44 353.25 Td (on ) Tj ET Q q 0 0 0 rg BT 364.69 353.25 Td (market ) Tj ET Q q 0 0 0 rg BT 394.71 353.25 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 441.13 353.25 Td (applicable ) Tj ET Q q 0 0 0 rg BT 484.47 353.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 524.49 353.25 Td (laws, ) Tj ET Q q 0 0 0 rg BT 547.58 353.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.25 Td (other ) Tj ET Q q 0 0 0 rg BT 72.92 341.25 Td (factors. ) Tj ET Q q 0 0 0 rg BT 104.84 341.25 Td (The ) Tj ET Q q 0 0 0 rg BT 122.76 341.25 Td (share ) Tj ET Q q 0 0 0 rg BT 146.24 341.25 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 191.92 341.25 Td (program ) Tj ET Q q 0 0 0 rg BT 228.17 341.25 Td (and ) Tj ET Q q 0 0 0 rg BT 244.99 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 259.58 341.25 Td (Board) Tj ET Q q 0 0 0 rg BT 286.80 341.25 Td (s ) Tj ET Q q 0 0 0 rg BT 293.07 341.25 Td (authorization ) Tj ET Q q 0 0 0 rg BT 348.20 341.25 Td (of ) Tj ET Q q 0 0 0 rg BT 358.91 341.25 Td (the ) Tj ET Q q 0 0 0 rg BT 373.50 341.25 Td (program ) Tj ET Q q 0 0 0 rg BT 409.76 341.25 Td (could ) Tj ET Q q 0 0 0 rg BT 434.35 341.25 Td (have ) Tj ET Q q 0 0 0 rg BT 455.60 341.25 Td (been ) Tj ET Q q 0 0 0 rg BT 476.86 341.25 Td (modified, ) Tj ET Q q 0 0 0 rg BT 517.84 341.25 Td (suspended, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.25 Td (or ) Tj ET Q q 0 0 0 rg BT 61.04 329.25 Td (discontinued ) Tj ET Q q 0 0 0 rg BT 114.86 329.25 Td (at ) Tj ET Q q 0 0 0 rg BT 124.79 329.25 Td (any ) Tj ET Q q 0 0 0 rg BT 141.95 329.25 Td (time. ) Tj ET Q q 0 0 0 rg BT 164.94 329.25 Td (During ) Tj ET Q q 0 0 0 rg BT 195.98 329.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.91 329.25 Td (three ) Tj ET Q q 0 0 0 rg BT 233.61 329.25 Td (month ) Tj ET Q q 0 0 0 rg BT 261.88 329.25 Td (period ) Tj ET Q q 0 0 0 rg BT 290.15 329.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 316.74 329.25 Td (March ) Tj ET Q q 0 0 0 rg BT 345.55 329.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 360.77 329.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.77 329.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.98 329.25 Td (255,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.48 329.25 Td ( ) Tj ET Q q 0 0 0 rg BT 421.20 329.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 448.90 329.25 Td (were ) Tj ET Q q 0 0 0 rg BT 471.04 329.25 Td (repurchased ) Tj ET Q q 0 0 0 rg BT 522.07 329.25 Td (under ) Tj ET Q q 0 0 0 rg BT 547.55 329.25 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 75.27 317.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 124.41 317.25 Td (Program.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 300.25 Td (Mezzanine ) Tj ET Q q 0 0 0 rg BT 96.95 300.25 Td (Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (There ) Tj ET Q q 0 0 0 rg BT 75.82 283.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.74 283.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.74 283.25 Td ( ) Tj ET Q q 0 0 0 rg BT 110.24 283.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 149.38 283.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 176.87 283.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 226.04 283.25 Td (as ) Tj ET Q q 0 0 0 rg BT 236.87 283.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.70 283.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 291.29 283.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.29 283.25 Td ( ) Tj ET Q q 0 0 0 rg BT 313.79 283.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.73 283.25 Td (as ) Tj ET Q q 0 0 0 rg BT 341.56 283.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.39 283.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 410.98 283.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.98 283.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (Preferred ) Tj ET Q q 0 0 0 rg BT 89.83 266.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 143.01 266.25 Td (are ) Tj ET Q q 0 0 0 rg BT 157.85 266.25 Td (entitled ) Tj ET Q q 0 0 0 rg BT 190.48 266.25 Td (to ) Tj ET Q q 0 0 0 rg BT 200.89 266.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 242.42 266.25 Td (on ) Tj ET Q q 0 0 0 rg BT 255.05 266.25 Td (a ) Tj ET Q q 0 0 0 rg BT 262.13 266.25 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 309.19 266.25 Td (basis, ) Tj ET Q q 0 0 0 rg BT 334.33 266.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 369.17 266.25 Td (or ) Tj ET Q q 0 0 0 rg BT 380.14 266.25 Td (not ) Tj ET Q q 0 0 0 rg BT 395.56 266.25 Td (declared ) Tj ET Q q 0 0 0 rg BT 432.06 266.25 Td (by ) Tj ET Q q 0 0 0 rg BT 444.69 266.25 Td (the ) Tj ET Q q 0 0 0 rg BT 459.55 266.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 486.62 266.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.59 266.25 Td (Directors, ) Tj ET Q q 0 0 0 rg BT 539.93 266.25 Td (at ) Tj ET Q q 0 0 0 rg BT 549.79 266.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 68.48 254.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.30 254.25 Td ($0.045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.80 254.25 Td ( ) Tj ET Q q 0 0 0 rg BT 111.29 254.25 Td (per ) Tj ET Q q 0 0 0 rg BT 127.55 254.25 Td (share ) Tj ET Q q 0 0 0 rg BT 152.14 254.25 Td (per ) Tj ET Q q 0 0 0 rg BT 168.40 254.25 Td (year ) Tj ET Q q 0 0 0 rg BT 189.10 254.25 Td (\() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.43 254.25 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.26 254.25 Td (\) ) Tj ET Q q 0 0 0 rg BT 220.08 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 238.01 254.25 Td (may ) Tj ET Q q 0 0 0 rg BT 258.72 254.25 Td (be ) Tj ET Q q 0 0 0 rg BT 271.65 254.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 292.35 254.25 Td (in ) Tj ET Q q 0 0 0 rg BT 303.62 254.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 324.88 254.25 Td (or ) Tj ET Q q 0 0 0 rg BT 336.70 254.25 Td (in ) Tj ET Q q 0 0 0 rg BT 347.97 254.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 391.46 254.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 431.58 254.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 460.06 254.25 Td (at ) Tj ET Q q 0 0 0 rg BT 470.77 254.25 Td (the ) Tj ET Q q 0 0 0 rg BT 486.48 254.25 Td (option ) Tj ET Q q 0 0 0 rg BT 515.53 254.25 Td (of ) Tj ET Q q 0 0 0 rg BT 526.58 254.25 Td (Atlas. ) Tj ET Q q 0 0 0 rg BT 553.68 254.25 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (liquidation, ) Tj ET Q q 0 0 0 rg BT 98.09 242.25 Td (dissolution ) Tj ET Q q 0 0 0 rg BT 144.25 242.25 Td (or ) Tj ET Q q 0 0 0 rg BT 154.85 242.25 Td (winding-up ) Tj ET Q q 0 0 0 rg BT 203.22 242.25 Td (of ) Tj ET Q q 0 0 0 rg BT 213.31 242.25 Td (Atlas, ) Tj ET Q q 0 0 0 rg BT 239.18 242.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 278.08 242.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 330.88 242.25 Td (receive ) Tj ET Q q 0 0 0 rg BT 362.01 242.25 Td (the ) Tj ET Q q 0 0 0 rg BT 376.49 242.25 Td (greater ) Tj ET Q q 0 0 0 rg BT 406.50 242.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.10 242.25 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.60 242.25 Td ( ) Tj ET Q q 0 0 0 rg BT 441.86 242.25 Td (per ) Tj ET Q q 0 0 0 rg BT 456.89 242.25 Td (share ) Tj ET Q q 0 0 0 rg BT 480.25 242.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 499.19 242.25 Td (all ) Tj ET Q q 0 0 0 rg BT 511.45 242.25 Td (declared ) Tj ET Q q 0 0 0 rg BT 547.57 242.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 79.85 230.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 121.36 230.25 Td (or ) Tj ET Q q 0 0 0 rg BT 132.32 230.25 Td (the ) Tj ET Q q 0 0 0 rg BT 147.16 230.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 179.79 230.25 Td (they ) Tj ET Q q 0 0 0 rg BT 199.63 230.25 Td (would ) Tj ET Q q 0 0 0 rg BT 227.26 230.25 Td (receive ) Tj ET Q q 0 0 0 rg BT 258.75 230.25 Td (in ) Tj ET Q q 0 0 0 rg BT 269.16 230.25 Td (liquidation ) Tj ET Q q 0 0 0 rg BT 315.12 230.25 Td (if ) Tj ET Q q 0 0 0 rg BT 323.85 230.25 Td (the ) Tj ET Q q 0 0 0 rg BT 338.70 230.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 377.96 230.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 405.58 230.25 Td (had ) Tj ET Q q 0 0 0 rg BT 422.65 230.25 Td (been ) Tj ET Q q 0 0 0 rg BT 444.15 230.25 Td (converted ) Tj ET Q q 0 0 0 rg BT 486.21 230.25 Td (to ) Tj ET Q q 0 0 0 rg BT 496.61 230.25 Td (restricted ) Tj ET Q q 0 0 0 rg BT 536.44 230.25 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (common ) Tj ET Q q 0 0 0 rg BT 88.17 218.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 116.33 218.25 Td (or ) Tj ET Q q 0 0 0 rg BT 127.83 218.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 164.88 218.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 193.61 218.25 Td (common ) Tj ET Q q 0 0 0 rg BT 231.77 218.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 259.93 218.25 Td (immediately ) Tj ET Q q 0 0 0 rg BT 313.09 218.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 335.70 218.25 Td (to ) Tj ET Q q 0 0 0 rg BT 346.65 218.25 Td (liquidation. ) Tj ET Q q 0 0 0 rg BT 395.65 218.25 Td (Preferred ) Tj ET Q q 0 0 0 rg BT 436.02 218.25 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 489.73 218.25 Td (are ) Tj ET Q q 0 0 0 rg BT 505.11 218.25 Td (not ) Tj ET Q q 0 0 0 rg BT 521.06 218.25 Td (entitled ) Tj ET Q q 0 0 0 rg BT 554.22 218.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (vote.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.25 Td (As ) Tj ET Q q 0 0 0 rg BT 63.36 189.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.93 189.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 117.28 189.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.28 189.25 Td ( ) Tj ET Q q 0 0 0 rg BT 139.52 189.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.21 189.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 214.54 189.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.54 189.25 Td (, ) Tj ET Q q 0 0 0 rg BT 238.78 189.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 262.14 189.25 Td (accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.47 189.25 Td ($333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.47 189.25 Td (,000 ) Tj ET Q q 0 0 0 rg BT 335.21 189.25 Td (in ) Tj ET Q q 0 0 0 rg BT 345.24 189.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 386.37 189.25 Td (on ) Tj ET Q q 0 0 0 rg BT 398.61 189.25 Td (the ) Tj ET Q q 0 0 0 rg BT 413.07 189.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 451.96 189.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 479.19 189.25 Td (for ) Tj ET Q q 0 0 0 rg BT 493.10 189.25 Td (the ) Tj ET Q q 0 0 0 rg BT 507.56 189.25 Td (former ) Tj ET Q q 0 0 0 rg BT 537.01 189.25 Td (owner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.08 177.25 Td (Anchor) Tj ET Q q 0 0 0 rg BT 89.67 177.25 Td (, ) Tj ET Q q 0 0 0 rg BT 94.42 177.25 Td (which ) Tj ET Q q 0 0 0 rg BT 121.11 177.25 Td (remain ) Tj ET Q q 0 0 0 rg BT 151.12 177.25 Td (unpaid. ) Tj ET Q q 0 0 0 rg BT 182.92 177.25 Td (The ) Tj ET Q q 0 0 0 rg BT 200.72 177.25 Td (paid ) Tj ET Q q 0 0 0 rg BT 220.18 177.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 248.54 177.25 Td (development ) Tj ET Q q 0 0 0 rg BT 302.43 177.25 Td (on ) Tj ET Q q 0 0 0 rg BT 314.68 177.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 344.15 177.25 Td (Liberty) Tj ET Q q 0 0 0 rg BT 376.36 177.25 Td (s ) Tj ET Q q 0 0 0 rg BT 382.50 177.25 Td (pre-acquisition ) Tj ET Q q 0 0 0 rg BT 444.73 177.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 473.08 177.25 Td (reserves ) Tj ET Q q 0 0 0 rg BT 508.09 177.25 Td (was ) Tj ET Q q 0 0 0 rg BT 525.89 177.25 Td (in ) Tj ET Q q 0 0 0 rg BT 535.92 177.25 Td (excess ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.67 165.25 Td ($4.0 ) Tj ET Q q 0 0 0 rg BT 80.52 165.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.41 165.25 Td (, ) Tj ET Q q 0 0 0 rg BT 114.25 165.25 Td (and ) Tj ET Q q 0 0 0 rg BT 131.04 165.25 Td (as ) Tj ET Q q 0 0 0 rg BT 141.71 165.25 Td (a ) Tj ET Q q 0 0 0 rg BT 148.49 165.25 Td (result, ) Tj ET Q q 0 0 0 rg BT 175.55 165.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 212.33 165.25 Td (to ) Tj ET Q q 0 0 0 rg BT 222.46 165.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.02 165.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 261.58 165.25 Td (of ) Tj ET Q q 0 0 0 rg BT 272.25 165.25 Td (the ) Tj ET Q q 0 0 0 rg BT 286.29 165.25 Td (Anchor ) Tj ET Q q 0 0 0 rg BT 318.63 165.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 342.08 165.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 379.96 165.25 Td (agreement, ) Tj ET Q q 0 0 0 rg BT 426.45 165.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 467.68 165.25 Td (will ) Tj ET Q q 0 0 0 rg BT 485.58 165.25 Td (no ) Tj ET Q q 0 0 0 rg BT 497.92 165.25 Td (longer ) Tj ET Q q 0 0 0 rg BT 525.81 165.25 Td (accrue ) Tj ET Q q 0 0 0 rg BT 554.24 165.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 153.25 Td (former ) Tj ET Q q 0 0 0 rg BT 94.42 153.25 Td (owner ) Tj ET Q q 0 0 0 rg BT 121.91 153.25 Td (of ) Tj ET Q q 0 0 0 rg BT 132.19 153.25 Td (Anchor) Tj ET Q q 0 0 0 rg BT 161.63 153.25 Td (. ) Tj ET Q endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 742.25 Td (15. DEFERRED POLICY) Tj ET Q q 0 0 0 rg BT 179.03 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 180.97 742.25 Td (ACQUISITION COSTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 88.48 725.25 Td (policy ) Tj ET Q q 0 0 0 rg BT 116.43 725.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 163.27 725.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 186.22 725.25 Td (for ) Tj ET Q q 0 0 0 rg BT 200.83 725.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.01 725.25 Td (three ) Tj ET Q q 0 0 0 rg BT 238.95 725.25 Td (month ) Tj ET Q q 0 0 0 rg BT 267.46 725.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 299.85 725.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 326.68 725.25 Td (March ) Tj ET Q q 0 0 0 rg BT 355.73 725.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 371.19 725.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 394.14 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 411.53 725.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.53 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 434.49 725.25 Td (consisted ) Tj ET Q q 0 0 0 rg BT 474.66 725.25 Td (of ) Tj ET Q q 0 0 0 rg BT 485.94 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 501.11 725.25 Td (following ) Tj ET Q q 0 0 0 rg BT 542.95 725.25 Td (\($ ) Tj ET Q q 0 0 0 rg BT 554.24 725.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.75 307.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 673.75 101.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 673.75 104.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.75 307.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 645.75 101.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 645.75 104.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 697.75 m 458.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 685.75 m 458.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 697.75 m 562.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 685.75 m 562.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 685.75 m 458.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 673.75 m 458.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 685.75 m 562.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 673.75 m 562.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 673.75 m 458.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 673.75 m 562.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 631.75 m 458.5 631.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 631.75 m 562.5 631.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 631.75 m 458.5 631.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 618.75 m 458.5 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 616.75 m 458.5 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 631.75 m 562.5 631.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 618.75 m 562.5 618.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 616.75 m 562.5 616.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.60 688.48 Td (Thr) Tj ET Q q 0 0 0 rg BT 415.18 688.48 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.40 676.48 Td (Mar) Tj ET Q q 0 0 0 rg BT 393.19 676.48 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.90 676.48 Td (Mar) Tj ET Q q 0 0 0 rg BT 495.60 676.48 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 664.32 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.00 664.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 664.32 Td (14,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 664.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 664.32 Td (13,222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 650.32 Td (Acquisition costs deferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 650.32 Td (10,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 650.32 Td (10,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 636.32 Td (Amortization char) Tj ET Q q 0 0 0 rg BT 125.94 636.32 Td (ged to income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.80 636.37 Td (\(5,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 636.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 636.37 Td (\(5,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 636.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 622.32 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.00 622.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 622.32 Td (19,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 622.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 622.32 Td (18,758) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 596.25 Td (16. RELA) Tj ET Q q 0 0 0 rg BT 110.04 596.25 Td (TED P) Tj ET Q q 0 0 0 rg BT 138.47 596.25 Td (AR) Tj ET Q q 0 0 0 rg BT 152.56 596.25 Td (TY) Tj ET Q q 0 0 0 rg BT 166.08 596.25 Td ( ) Tj ET Q q 0 0 0 rg BT 168.40 596.25 Td (TRANSACTIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.25 Td (During ) Tj ET Q q 0 0 0 rg BT 80.85 579.25 Td (the ) Tj ET Q q 0 0 0 rg BT 95.60 579.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 127.56 579.25 Td (presented, ) Tj ET Q q 0 0 0 rg BT 170.90 579.25 Td (a ) Tj ET Q q 0 0 0 rg BT 177.86 579.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 209.27 579.25 Td (of ) Tj ET Q q 0 0 0 rg BT 220.13 579.25 Td (the ) Tj ET Q q 0 0 0 rg BT 234.87 579.25 Td (Company) Tj ET Q q 0 0 0 rg BT 276.53 579.25 Td (s ) Tj ET Q q 0 0 0 rg BT 282.95 579.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 329.36 579.25 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 369.38 579.25 Td (which ) Tj ET Q q 0 0 0 rg BT 396.34 579.25 Td (is ) Tj ET Q q 0 0 0 rg BT 405.53 579.25 Td (included ) Tj ET Q q 0 0 0 rg BT 442.49 579.25 Td (in ) Tj ET Q q 0 0 0 rg BT 452.79 579.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 482.52 579.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 537.26 579.25 Td (on ) Tj ET Q q 0 0 0 rg BT 549.79 579.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.25 Td (Condensed ) Tj ET Q q 0 0 0 rg BT 99.22 567.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 156.78 567.25 Td (Statements ) Tj ET Q q 0 0 0 rg BT 205.44 567.25 Td (of ) Tj ET Q q 0 0 0 rg BT 218.56 567.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 260.55 567.25 Td (Position, ) Tj ET Q q 0 0 0 rg BT 300.62 567.25 Td (included ) Tj ET Q q 0 0 0 rg BT 339.84 567.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 388.50 567.25 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 426.05 567.25 Td (that ) Tj ET Q q 0 0 0 rg BT 445.83 567.25 Td (are ) Tj ET Q q 0 0 0 rg BT 462.82 567.25 Td (considered ) Tj ET Q q 0 0 0 rg BT 510.92 567.25 Td (related-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.25 Td (transactions. ) Tj ET Q q 0 0 0 rg BT 101.36 555.25 Td (As ) Tj ET Q q 0 0 0 rg BT 113.89 555.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.63 555.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 166.14 555.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.14 555.25 Td ( ) Tj ET Q q 0 0 0 rg BT 187.56 555.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.41 555.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 260.90 555.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.90 555.25 Td ( ) Tj ET Q q 0 0 0 rg BT 282.32 555.25 Td (these ) Tj ET Q q 0 0 0 rg BT 304.28 555.25 Td (related-party ) Tj ET Q q 0 0 0 rg BT 356.77 555.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 405.94 555.25 Td (comprised ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.01 555.25 Td (7.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.84 555.25 Td ( ) Tj ET Q q 0 0 0 rg BT 471.25 555.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.11 555.25 Td (8.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.94 555.25 Td (, ) Tj ET Q q 0 0 0 rg BT 511.85 555.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 559.51 555.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.50 543.25 Td (our ) Tj ET Q q 0 0 0 rg BT 76.00 543.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 122.05 543.25 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 161.71 543.25 Td (In ) Tj ET Q q 0 0 0 rg BT 172.21 543.25 Td (these ) Tj ET Q q 0 0 0 rg BT 194.93 543.25 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 247.36 543.25 Td (one ) Tj ET Q q 0 0 0 rg BT 263.97 543.25 Td (or ) Tj ET Q q 0 0 0 rg BT 274.47 543.25 Td (more ) Tj ET Q q 0 0 0 rg BT 297.19 543.25 Td (of ) Tj ET Q q 0 0 0 rg BT 307.69 543.25 Td (the ) Tj ET Q q 0 0 0 rg BT 322.07 543.25 Td (Company) Tj ET Q q 0 0 0 rg BT 363.74 543.25 Td (s ) Tj ET Q q 0 0 0 rg BT 369.80 543.25 Td (directors ) Tj ET Q q 0 0 0 rg BT 406.95 543.25 Td (or ) Tj ET Q q 0 0 0 rg BT 417.45 543.25 Td (entities ) Tj ET Q q 0 0 0 rg BT 448.50 543.25 Td (af) Tj ET Q q 0 0 0 rg BT 456.09 543.25 Td (filiated ) Tj ET Q q 0 0 0 rg BT 486.58 543.25 Td (with ) Tj ET Q q 0 0 0 rg BT 506.53 543.25 Td (such ) Tj ET Q q 0 0 0 rg BT 527.03 543.25 Td (directors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.25 Td (invest ) Tj ET Q q 0 0 0 rg BT 76.04 531.25 Td (in ) Tj ET Q q 0 0 0 rg BT 85.97 531.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 113.66 531.25 Td (manage ) Tj ET Q q 0 0 0 rg BT 146.91 531.25 Td (these ) Tj ET Q q 0 0 0 rg BT 169.61 531.25 Td (vehicles.) Tj ET Q q 0 0 0 rg BT 207.19 531.25 Td (These ) Tj ET Q q 0 0 0 rg BT 233.22 531.25 Td (related-party ) Tj ET Q q 0 0 0 rg BT 286.45 531.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 336.36 531.25 Td (are ) Tj ET Q q 0 0 0 rg BT 350.72 531.25 Td (consistent ) Tj ET Q q 0 0 0 rg BT 392.87 531.25 Td (with ) Tj ET Q q 0 0 0 rg BT 412.80 531.25 Td (the ) Tj ET Q q 0 0 0 rg BT 427.16 531.25 Td (Company) Tj ET Q q 0 0 0 rg BT 468.83 531.25 Td (s ) Tj ET Q q 0 0 0 rg BT 474.87 531.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 520.90 531.25 Td (guidelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.34 519.25 Td (have ) Tj ET Q q 0 0 0 rg BT 87.12 519.25 Td (been ) Tj ET Q q 0 0 0 rg BT 107.90 519.25 Td (reviewed ) Tj ET Q q 0 0 0 rg BT 146.45 519.25 Td (and ) Tj ET Q q 0 0 0 rg BT 162.79 519.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 201.89 519.25 Td (by ) Tj ET Q q 0 0 0 rg BT 213.80 519.25 Td (the ) Tj ET Q q 0 0 0 rg BT 227.92 519.25 Td (Investment ) Tj ET Q q 0 0 0 rg BT 274.25 519.25 Td (Committee ) Tj ET Q q 0 0 0 rg BT 320.59 519.25 Td (of ) Tj ET Q q 0 0 0 rg BT 330.82 519.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.94 519.25 Td (Company) Tj ET Q q 0 0 0 rg BT 386.61 519.25 Td (s ) Tj ET Q q 0 0 0 rg BT 392.40 519.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 418.74 519.25 Td (of ) Tj ET Q q 0 0 0 rg BT 428.97 519.25 Td (Directors.) Tj ET Q q 0 0 0 rg BT 471.00 519.25 Td (The ) Tj ET Q q 0 0 0 rg BT 488.45 519.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 529.24 519.25 Td (believes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.50 507.25 Td (these ) Tj ET Q q 0 0 0 rg BT 90.54 507.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 140.81 507.25 Td (leverage ) Tj ET Q q 0 0 0 rg BT 177.17 507.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 223.55 507.25 Td (resources ) Tj ET Q q 0 0 0 rg BT 263.81 507.25 Td (that ) Tj ET Q q 0 0 0 rg BT 281.30 507.25 Td (would ) Tj ET Q q 0 0 0 rg BT 308.80 507.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 350.18 507.25 Td (not ) Tj ET Q q 0 0 0 rg BT 365.46 507.25 Td (be ) Tj ET Q q 0 0 0 rg BT 377.40 507.25 Td (available ) Tj ET Q q 0 0 0 rg BT 415.99 507.25 Td (to ) Tj ET Q q 0 0 0 rg BT 426.26 507.25 Td (the ) Tj ET Q q 0 0 0 rg BT 440.98 507.25 Td (Company) Tj ET Q q 0 0 0 rg BT 479.22 507.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 485.25 Td (17. NOTES P) Tj ET Q q 0 0 0 rg BT 124.77 485.25 Td (A) Tj ET Q q 0 0 0 rg BT 131.07 485.25 Td (Y) Tj ET Q q 0 0 0 rg BT 137.38 485.25 Td (ABLE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.25 Td (On ) Tj ET Q q 0 0 0 rg BT 63.49 468.25 Td (April ) Tj ET Q q 0 0 0 rg BT 86.23 468.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 100.35 468.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 124.12 468.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 146.86 468.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.48 468.25 Td ($25 ) Tj ET Q q 0 0 0 rg BT 190.11 468.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 468.25 Td ( ) Tj ET Q q 0 0 0 rg BT 220.63 468.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.59 468.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.14 468.25 Td (-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 468.25 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.13 468.25 Td ( ) Tj ET Q q 0 0 0 rg BT 300.76 468.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 326.82 468.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 368.99 468.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 391.72 468.25 Td (and ) Tj ET Q q 0 0 0 rg BT 407.79 468.25 Td (received ) Tj ET Q q 0 0 0 rg BT 443.28 468.25 Td (net ) Tj ET Q q 0 0 0 rg BT 457.12 468.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 494.29 468.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.25 468.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.25 Td ($23.9 ) Tj ET Q q 0 0 0 rg BT 74.14 456.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.03 456.25 Td ( ) Tj ET Q q 0 0 0 rg BT 104.67 456.25 Td (after ) Tj ET Q q 0 0 0 rg BT 124.62 456.25 Td (deducting ) Tj ET Q q 0 0 0 rg BT 165.69 456.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 218.98 456.25 Td (discounts ) Tj ET Q q 0 0 0 rg BT 258.40 456.25 Td (and ) Tj ET Q q 0 0 0 rg BT 274.47 456.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 328.34 456.25 Td (and ) Tj ET Q q 0 0 0 rg BT 344.41 456.25 Td (other ) Tj ET Q q 0 0 0 rg BT 366.60 456.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 406.55 456.25 Td (of) Tj ET Q q 0 0 0 rg BT 414.70 456.25 Td (fering ) Tj ET Q q 0 0 0 rg BT 440.22 456.25 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 480.45 456.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 512.08 456.25 Td (on ) Tj ET Q q 0 0 0 rg BT 523.71 456.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.57 456.25 Td (senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 93.47 444.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 117.51 444.25 Td (is ) Tj ET Q q 0 0 0 rg BT 127.11 444.25 Td (payable ) Tj ET Q q 0 0 0 rg BT 161.14 444.25 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 200.16 444.25 Td (on ) Tj ET Q q 0 0 0 rg BT 213.10 444.25 Td (each ) Tj ET Q q 0 0 0 rg BT 234.34 444.25 Td (January ) Tj ET Q q 0 0 0 rg BT 268.37 444.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 283.16 444.25 Td (April ) Tj ET Q q 0 0 0 rg BT 307.20 444.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 322.63 444.25 Td (July ) Tj ET Q q 0 0 0 rg BT 342.23 444.25 Td (26 ) Tj ET Q q 0 0 0 rg BT 355.17 444.25 Td (and ) Tj ET Q q 0 0 0 rg BT 372.54 444.25 Td (October ) Tj ET Q q 0 0 0 rg BT 407.68 444.25 Td (26. ) Tj ET Q q 0 0 0 rg BT 422.46 444.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 446.50 444.25 Td (may) Tj ET Q q 0 0 0 rg BT 463.07 444.25 Td (, ) Tj ET Q q 0 0 0 rg BT 468.50 444.25 Td (at ) Tj ET Q q 0 0 0 rg BT 478.65 444.25 Td (its ) Tj ET Q q 0 0 0 rg BT 491.03 444.25 Td (option, ) Tj ET Q q 0 0 0 rg BT 522.02 444.25 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.25 Td (with ) Tj ET Q q 0 0 0 rg BT 69.33 432.25 Td (the ) Tj ET Q q 0 0 0 rg BT 83.09 432.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 114.08 432.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 150.06 432.25 Td (date ) Tj ET Q q 0 0 0 rg BT 168.26 432.25 Td (of ) Tj ET Q q 0 0 0 rg BT 177.80 432.25 Td (April ) Tj ET Q q 0 0 0 rg BT 200.46 432.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 214.51 432.25 Td (2020, ) Tj ET Q q 0 0 0 rg BT 238.56 432.25 Td (and ) Tj ET Q q 0 0 0 rg BT 254.55 432.25 Td (on ) Tj ET Q q 0 0 0 rg BT 266.09 432.25 Td (any ) Tj ET Q q 0 0 0 rg BT 282.08 432.25 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 323.62 432.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 354.60 432.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 390.58 432.25 Td (date ) Tj ET Q q 0 0 0 rg BT 408.79 432.25 Td (thereafter) Tj ET Q q 0 0 0 rg BT 446.69 432.25 Td (, ) Tj ET Q q 0 0 0 rg BT 450.74 432.25 Td (redeem ) Tj ET Q q 0 0 0 rg BT 481.71 432.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.48 432.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 521.46 432.25 Td (unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.25 Td (notes, ) Tj ET Q q 0 0 0 rg BT 76.40 420.25 Td (in ) Tj ET Q q 0 0 0 rg BT 86.96 420.25 Td (whole ) Tj ET Q q 0 0 0 rg BT 114.19 420.25 Td (or ) Tj ET Q q 0 0 0 rg BT 125.30 420.25 Td (in ) Tj ET Q q 0 0 0 rg BT 135.87 420.25 Td (part, ) Tj ET Q q 0 0 0 rg BT 156.70 420.25 Td (at ) Tj ET Q q 0 0 0 rg BT 166.71 420.25 Td (a ) Tj ET Q q 0 0 0 rg BT 173.93 420.25 Td (redemption ) Tj ET Q q 0 0 0 rg BT 222.26 420.25 Td (price ) Tj ET Q q 0 0 0 rg BT 245.03 420.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 269.48 420.25 Td (to ) Tj ET Q q 0 0 0 rg BT 280.04 420.25 Td (100% ) Tj ET Q q 0 0 0 rg BT 306.16 420.25 Td (of ) Tj ET Q q 0 0 0 rg BT 317.28 420.25 Td (the ) Tj ET Q q 0 0 0 rg BT 332.28 420.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 370.61 420.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 403.39 420.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 422.85 420.25 Td (accrued ) Tj ET Q q 0 0 0 rg BT 456.72 420.25 Td (and ) Tj ET Q q 0 0 0 rg BT 473.95 420.25 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 503.95 420.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 536.17 420.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 549.24 420.25 Td (but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.25 Td (excluding, ) Tj ET Q q 0 0 0 rg BT 94.62 408.25 Td (the ) Tj ET Q q 0 0 0 rg BT 109.53 408.25 Td (date ) Tj ET Q q 0 0 0 rg BT 128.87 408.25 Td (of ) Tj ET Q q 0 0 0 rg BT 139.89 408.25 Td (redemption. ) Tj ET Q q 0 0 0 rg BT 190.42 408.25 Td (The ) Tj ET Q q 0 0 0 rg BT 208.66 408.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 235.78 408.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 279.01 408.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 302.81 408.25 Td (will ) Tj ET Q q 0 0 0 rg BT 321.05 408.25 Td (rank ) Tj ET Q q 0 0 0 rg BT 341.51 408.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 368.63 408.25 Td (in ) Tj ET Q q 0 0 0 rg BT 379.10 408.25 Td (right ) Tj ET Q q 0 0 0 rg BT 400.67 408.25 Td (of ) Tj ET Q q 0 0 0 rg BT 411.69 408.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 448.81 408.25 Td (to ) Tj ET Q q 0 0 0 rg BT 459.28 408.25 Td (any ) Tj ET Q q 0 0 0 rg BT 476.41 408.25 Td (of ) Tj ET Q q 0 0 0 rg BT 486.83 408.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 510.53 408.25 Td ( ) Tj ET Q q 0 0 0 rg BT 513.22 408.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 547.57 408.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.25 Td (future ) Tj ET Q q 0 0 0 rg BT 76.78 396.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 131.35 396.25 Td (that ) Tj ET Q q 0 0 0 rg BT 149.25 396.25 Td (is ) Tj ET Q q 0 0 0 rg BT 158.83 396.25 Td (by ) Tj ET Q q 0 0 0 rg BT 171.74 396.25 Td (its ) Tj ET Q q 0 0 0 rg BT 184.09 396.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 209.22 396.25 Td (expressly ) Tj ET Q q 0 0 0 rg BT 249.89 396.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 304.46 396.25 Td (or ) Tj ET Q q 0 0 0 rg BT 315.69 396.25 Td (junior ) Tj ET Q q 0 0 0 rg BT 342.49 396.25 Td (in ) Tj ET Q q 0 0 0 rg BT 353.17 396.25 Td (right ) Tj ET Q q 0 0 0 rg BT 374.97 396.25 Td (of ) Tj ET Q q 0 0 0 rg BT 386.21 396.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 423.55 396.25 Td (to ) Tj ET Q q 0 0 0 rg BT 434.23 396.25 Td (the ) Tj ET Q q 0 0 0 rg BT 449.36 396.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 476.70 396.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 520.15 396.25 Td (notes. ) Tj ET Q q 0 0 0 rg BT 546.46 396.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 77.21 384.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 120.52 384.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 144.40 384.25 Td (will ) Tj ET Q q 0 0 0 rg BT 162.72 384.25 Td (rank ) Tj ET Q q 0 0 0 rg BT 183.26 384.25 Td (equally ) Tj ET Q q 0 0 0 rg BT 215.47 384.25 Td (in ) Tj ET Q q 0 0 0 rg BT 226.02 384.25 Td (right ) Tj ET Q q 0 0 0 rg BT 247.68 384.25 Td (of ) Tj ET Q q 0 0 0 rg BT 258.78 384.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 295.98 384.25 Td (to ) Tj ET Q q 0 0 0 rg BT 306.53 384.25 Td (all ) Tj ET Q q 0 0 0 rg BT 319.30 384.25 Td (of ) Tj ET Q q 0 0 0 rg BT 329.79 384.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 353.48 384.25 Td ( ) Tj ET Q q 0 0 0 rg BT 356.25 384.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 390.69 384.25 Td (and ) Tj ET Q q 0 0 0 rg BT 407.90 384.25 Td (future ) Tj ET Q q 0 0 0 rg BT 434.55 384.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 461.76 384.25 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 518.68 384.25 Td (but ) Tj ET Q q 0 0 0 rg BT 534.23 384.25 Td (will ) Tj ET Q q 0 0 0 rg BT 552.56 384.25 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 372.25 Td (fectively ) Tj ET Q q 0 0 0 rg BT 94.35 372.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 147.79 372.25 Td (to ) Tj ET Q q 0 0 0 rg BT 157.35 372.25 Td (any ) Tj ET Q q 0 0 0 rg BT 173.58 372.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 205.90 372.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 259.33 372.25 Td (to ) Tj ET Q q 0 0 0 rg BT 268.90 372.25 Td (the ) Tj ET Q q 0 0 0 rg BT 282.90 372.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 309.11 372.25 Td (of ) Tj ET Q q 0 0 0 rg BT 319.23 372.25 Td (the ) Tj ET Q q 0 0 0 rg BT 333.23 372.25 Td (value ) Tj ET Q q 0 0 0 rg BT 356.67 372.25 Td (of ) Tj ET Q q 0 0 0 rg BT 366.78 372.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.78 372.25 Td (collateral ) Tj ET Q q 0 0 0 rg BT 419.76 372.25 Td (securing ) Tj ET Q q 0 0 0 rg BT 455.42 372.25 Td (such ) Tj ET Q q 0 0 0 rg BT 475.54 372.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 507.86 372.25 Td (indebtedness. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.25 Td (In ) Tj ET Q q 0 0 0 rg BT 62.19 360.25 Td (addition, ) Tj ET Q q 0 0 0 rg BT 101.33 360.25 Td (the ) Tj ET Q q 0 0 0 rg BT 117.41 360.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 145.71 360.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 190.10 360.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 215.08 360.25 Td (will ) Tj ET Q q 0 0 0 rg BT 234.49 360.25 Td (be ) Tj ET Q q 0 0 0 rg BT 247.79 360.25 Td (structurally ) Tj ET Q q 0 0 0 rg BT 297.20 360.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 352.71 360.25 Td (to ) Tj ET Q q 0 0 0 rg BT 364.35 360.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.43 360.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 435.95 360.25 Td (and ) Tj ET Q q 0 0 0 rg BT 454.25 360.25 Td (other ) Tj ET Q q 0 0 0 rg BT 478.66 360.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 526.96 360.25 Td (of ) Tj ET Q q 0 0 0 rg BT 538.30 360.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.00 360.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.25 Td (subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.95 331.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 94.78 331.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 137.72 331.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 161.23 331.25 Td (were ) Tj ET Q q 0 0 0 rg BT 183.05 331.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 210.45 331.25 Td (under ) Tj ET Q q 0 0 0 rg BT 235.62 331.25 Td (an ) Tj ET Q q 0 0 0 rg BT 247.46 331.25 Td (indenture ) Tj ET Q q 0 0 0 rg BT 287.62 331.25 Td (and ) Tj ET Q q 0 0 0 rg BT 304.46 331.25 Td (supplemental ) Tj ET Q q 0 0 0 rg BT 360.18 331.25 Td (indenture ) Tj ET Q q 0 0 0 rg BT 400.34 331.25 Td (that ) Tj ET Q q 0 0 0 rg BT 417.73 331.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 449.57 331.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 491.95 331.25 Td (that, ) Tj ET Q q 0 0 0 rg BT 511.84 331.25 Td (among ) Tj ET Q q 0 0 0 rg BT 541.46 331.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.25 Td (things, ) Tj ET Q q 0 0 0 rg BT 79.76 319.25 Td (limit: ) Tj ET Q q 0 0 0 rg BT 104.23 319.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 116.48 319.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.50 319.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 159.86 319.25 Td (of ) Tj ET Q q 0 0 0 rg BT 170.38 319.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 194.30 319.25 Td (to ) Tj ET Q q 0 0 0 rg BT 204.88 319.25 Td (mer) Tj ET Q q 0 0 0 rg BT 220.25 319.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 232.50 319.25 Td (or ) Tj ET Q q 0 0 0 rg BT 243.63 319.25 Td (consolidate, ) Tj ET Q q 0 0 0 rg BT 294.48 319.25 Td (or ) Tj ET Q q 0 0 0 rg BT 305.62 319.25 Td (lease, ) Tj ET Q q 0 0 0 rg BT 330.91 319.25 Td (sell, ) Tj ET Q q 0 0 0 rg BT 350.11 319.25 Td (assign ) Tj ET Q q 0 0 0 rg BT 377.92 319.25 Td (or ) Tj ET Q q 0 0 0 rg BT 389.05 319.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 422.40 319.25 Td (all ) Tj ET Q q 0 0 0 rg BT 435.20 319.25 Td (or ) Tj ET Q q 0 0 0 rg BT 446.34 319.25 Td (substantially ) Tj ET Q q 0 0 0 rg BT 499.70 319.25 Td (all ) Tj ET Q q 0 0 0 rg BT 512.50 319.25 Td (of ) Tj ET Q q 0 0 0 rg BT 523.64 319.25 Td (its ) Tj ET Q q 0 0 0 rg BT 535.89 319.25 Td (assets; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 64.80 307.25 Td (the ) Tj ET Q q 0 0 0 rg BT 79.60 307.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 107.73 307.25 Td (of ) Tj ET Q q 0 0 0 rg BT 118.07 307.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 141.76 307.25 Td (to ) Tj ET Q q 0 0 0 rg BT 152.12 307.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 168.59 307.25 Td (or ) Tj ET Q q 0 0 0 rg BT 179.51 307.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 220.96 307.25 Td (dispose ) Tj ET Q q 0 0 0 rg BT 253.55 307.25 Td (of ) Tj ET Q q 0 0 0 rg BT 264.46 307.25 Td (the ) Tj ET Q q 0 0 0 rg BT 279.26 307.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 306.83 307.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 347.18 307.25 Td (of ) Tj ET Q q 0 0 0 rg BT 358.09 307.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 387.88 307.25 Td (of ) Tj ET Q q 0 0 0 rg BT 398.79 307.25 Td (its ) Tj ET Q q 0 0 0 rg BT 410.82 307.25 Td (subsidiaries; ) Tj ET Q q 0 0 0 rg BT 463.40 307.25 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 480.97 307.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.77 307.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 523.91 307.25 Td (of ) Tj ET Q q 0 0 0 rg BT 534.82 307.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.95 295.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 83.65 295.25 Td ( ) Tj ET Q q 0 0 0 rg BT 85.73 295.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 135.02 295.25 Td (to ) Tj ET Q q 0 0 0 rg BT 144.88 295.25 Td (issue ) Tj ET Q q 0 0 0 rg BT 166.96 295.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 194.04 295.25 Td (securities; ) Tj ET Q q 0 0 0 rg BT 236.66 295.25 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 253.18 295.25 Td (the ) Tj ET Q q 0 0 0 rg BT 267.48 295.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 295.11 295.25 Td (of ) Tj ET Q q 0 0 0 rg BT 305.06 295.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 328.25 295.25 Td (to ) Tj ET Q q 0 0 0 rg BT 338.11 295.25 Td (permit ) Tj ET Q q 0 0 0 rg BT 366.29 295.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 395.57 295.25 Td (of ) Tj ET Q q 0 0 0 rg BT 405.98 295.25 Td (its ) Tj ET Q q 0 0 0 rg BT 417.51 295.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 466.81 295.25 Td (to ) Tj ET Q q 0 0 0 rg BT 476.67 295.25 Td (mer) Tj ET Q q 0 0 0 rg BT 492.03 295.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 503.55 295.25 Td (or ) Tj ET Q q 0 0 0 rg BT 513.96 295.25 Td (consolidate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.81 283.25 Td (lease, ) Tj ET Q q 0 0 0 rg BT 85.78 283.25 Td (sell, ) Tj ET Q q 0 0 0 rg BT 104.66 283.25 Td (assign ) Tj ET Q q 0 0 0 rg BT 132.14 283.25 Td (or ) Tj ET Q q 0 0 0 rg BT 142.95 283.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 175.98 283.25 Td (all ) Tj ET Q q 0 0 0 rg BT 188.46 283.25 Td (or ) Tj ET Q q 0 0 0 rg BT 199.27 283.25 Td (substantially ) Tj ET Q q 0 0 0 rg BT 252.31 283.25 Td (all ) Tj ET Q q 0 0 0 rg BT 264.79 283.25 Td (of ) Tj ET Q q 0 0 0 rg BT 275.60 283.25 Td (their ) Tj ET Q q 0 0 0 rg BT 296.41 283.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 339.43 283.25 Td (assets; ) Tj ET Q q 0 0 0 rg BT 368.02 283.25 Td (and ) Tj ET Q q 0 0 0 rg BT 384.94 283.25 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 399.09 283.25 Td (the ) Tj ET Q q 0 0 0 rg BT 413.79 283.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 441.82 283.25 Td (of ) Tj ET Q q 0 0 0 rg BT 452.09 283.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 475.68 283.25 Td (and ) Tj ET Q q 0 0 0 rg BT 492.60 283.25 Td (its ) Tj ET Q q 0 0 0 rg BT 504.54 283.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 554.24 283.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 73.05 271.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 92.76 271.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 125.80 271.25 Td (by ) Tj ET Q q 0 0 0 rg BT 138.30 271.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 165.80 271.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 206.06 271.25 Td (of ) Tj ET Q q 0 0 0 rg BT 216.89 271.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 246.59 271.25 Td (of ) Tj ET Q q 0 0 0 rg BT 257.42 271.25 Td (its ) Tj ET Q q 0 0 0 rg BT 269.37 271.25 Td (subsidiaries.) 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ET Q q 0 0 0 rg BT 385.11 730.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 404.89 730.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 435.78 730.10 Td (with ) Tj ET Q q 0 0 0 rg BT 456.12 730.10 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 477.94 730.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 502.72 730.10 Td (Bank. ) Tj ET Q q 0 0 0 rg BT 528.89 730.10 Td (On ) Tj ET Q q 0 0 0 rg BT 543.68 730.10 Td (May ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (7, ) Tj ET Q q 0 0 0 rg BT 59.03 718.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 82.72 718.10 Td (American ) Tj ET Q q 0 0 0 rg BT 123.34 718.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 171.54 718.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 202.49 718.10 Td (into ) Tj ET Q q 0 0 0 rg BT 219.58 718.10 Td (a ) Tj ET Q q 0 0 0 rg BT 225.55 718.10 Td (Modification ) Tj ET Q q 0 0 0 rg BT 279.29 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 289.15 718.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 311.23 718.10 Td (Documents ) Tj ET Q q 0 0 0 rg BT 358.31 718.10 Td (with ) Tj ET Q q 0 0 0 rg BT 377.62 718.10 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 398.48 718.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 422.23 718.10 Td (Bank ) Tj ET Q q 0 0 0 rg BT 444.87 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.18 718.10 Td (amend ) Tj ET Q q 0 0 0 rg BT 482.37 718.10 Td (its ) Tj ET Q q 0 0 0 rg BT 493.34 718.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 515.08 718.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.54 706.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 91.42 706.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 141.33 706.10 Td (as ) Tj ET Q q 0 0 0 rg BT 152.65 706.10 Td (modified, ) Tj ET Q q 0 0 0 rg BT 194.24 706.10 Td (included ) Tj ET Q q 0 0 0 rg BT 231.67 706.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.10 706.10 Td ($30.0 ) Tj ET Q q 0 0 0 rg BT 264.59 706.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.48 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 296.47 706.10 Td (line ) Tj ET Q q 0 0 0 rg BT 314.46 706.10 Td (of ) Tj ET Q q 0 0 0 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BT 120.24 670.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 142.74 670.10 Td (until ) Tj ET Q q 0 0 0 rg BT 163.58 670.10 Td (May ) Tj ET Q q 0 0 0 rg BT 184.41 670.10 Td (7, ) Tj ET Q q 0 0 0 rg BT 194.41 670.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 219.41 670.10 Td (that ) Tj ET Q q 0 0 0 rg BT 236.90 670.10 Td (bore ) Tj ET Q q 0 0 0 rg BT 257.17 670.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 289.11 670.10 Td (at ) Tj ET Q q 0 0 0 rg BT 298.82 670.10 Td (one-month ) Tj ET Q q 0 0 0 rg BT 344.65 670.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 377.15 670.10 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.32 670.10 Td (2.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 670.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.49 653.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 89.56 653.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 135.93 653.10 Td (was ) Tj ET Q q 0 0 0 rg BT 153.42 653.10 Td (terminated ) Tj ET Q q 0 0 0 rg BT 198.13 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 207.42 653.10 Td (April ) Tj ET Q q 0 0 0 rg BT 230.48 653.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 254.49 653.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 277.55 653.10 Td (used ) Tj ET Q q 0 0 0 rg BT 297.82 653.10 Td (a ) Tj ET Q q 0 0 0 rg BT 304.21 653.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 335.04 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 345.31 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.48 653.10 Td (net ) Tj ET Q q 0 0 0 rg BT 373.64 653.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 411.12 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 421.40 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 435.56 653.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 461.95 653.10 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 504.43 653.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 527.48 653.10 Td (of) Tj ET Q q 0 0 0 rg BT 535.63 653.10 Td (fering, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (together ) Tj ET Q q 0 0 0 rg BT 85.52 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 106.05 641.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 126.57 641.10 Td (on ) 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BT 86.94 629.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.83 629.10 Td (, ) Tj ET Q q 0 0 0 rg BT 120.83 629.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 168.49 629.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (At ) Tj ET Q q 0 0 0 rg BT 62.48 612.10 Td (December ) Tj ET Q q 0 0 0 rg BT 106.04 612.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 121.02 612.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 145.45 612.10 Td (American ) Tj ET Q q 0 0 0 rg BT 186.81 612.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 235.96 612.10 Td (was ) Tj ET Q q 0 0 0 rg BT 253.99 612.10 Td (in ) Tj ET Q q 0 0 0 rg BT 264.24 612.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 312.81 612.10 Td (with ) Tj ET Q q 0 0 0 rg BT 333.07 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.77 612.10 Td (covenants ) Tj ET Q q 0 0 0 rg BT 390.23 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 401.04 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.74 612.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 438.22 612.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg 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588.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.95 576.10 Td (ef) Tj ET Q q 0 0 0 rg BT 69.54 576.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 87.03 576.10 Td (on ) Tj ET Q q 0 0 0 rg BT 98.99 576.10 Td (American ) Tj ET Q q 0 0 0 rg BT 140.36 576.10 Td (Acquisition) Tj ET Q q 0 0 0 rg BT 189.81 576.10 Td (s ) Tj ET Q q 0 0 0 rg BT 196.21 576.10 Td (December ) Tj ET Q q 0 0 0 rg BT 239.80 576.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 254.80 576.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 277.31 576.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 314.80 576.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 361.46 576.10 Td (American ) Tj ET Q q 0 0 0 rg BT 402.84 576.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 452.01 576.10 Td (was ) Tj ET Q q 0 0 0 rg BT 470.07 576.10 Td (not ) Tj ET Q q 0 0 0 rg BT 485.35 576.10 Td (in ) Tj ET Q q 0 0 0 rg BT 495.64 576.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 544.23 576.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.84 564.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 87.43 564.10 Td (Agreements) Tj ET Q q 0 0 0 rg BT 138.34 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 140.96 564.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 177.07 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 179.69 564.10 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 203.98 564.10 Td (covenant ) Tj ET Q q 0 0 0 rg BT 242.70 564.10 Td (as ) Tj ET Q q 0 0 0 rg BT 253.66 564.10 Td (of ) Tj ET Q q 0 0 0 rg BT 264.61 564.10 Td (March ) Tj ET Q q 0 0 0 rg BT 293.33 564.10 Td (13, ) Tj ET Q q 0 0 0 rg BT 308.46 564.10 Td (2017.) Tj ET Q q 0 0 0 rg BT 332.91 564.10 Td (American ) Tj ET Q q 0 0 0 rg BT 374.38 564.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 423.67 564.10 Td (had ) Tj ET Q q 0 0 0 rg BT 440.73 564.10 Td (a ) Tj ET Q q 0 0 0 rg BT 447.79 564.10 Td (thirty ) Tj ET Q q 0 0 0 rg BT 472.08 564.10 Td (day ) Tj ET Q q 0 0 0 rg BT 489.14 564.10 Td (period ) Tj ET Q q 0 0 0 rg BT 517.32 564.10 Td (to ) Tj ET Q q 0 0 0 rg BT 527.72 564.10 Td (cure ) Tj ET Q q 0 0 0 rg BT 547.55 564.10 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (covenant ) Tj ET Q q 0 0 0 rg BT 89.76 552.10 Td (non-compliance, ) Tj ET Q q 0 0 0 rg BT 160.35 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.46 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.35 552.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 236.90 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.20 552.10 Td (American ) Tj ET Q q 0 0 0 rg BT 296.48 552.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 346.82 552.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 377.13 552.10 Td (with ) Tj ET Q q 0 0 0 rg BT 398.58 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.47 552.10 Td (lender ) Tj ET Q q 0 0 0 rg BT 443.12 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.57 552.10 Td (a ) Tj ET Q q 0 0 0 rg BT 462.68 552.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 517.44 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 528.89 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 544.78 552.10 Td (loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (covenants ) Tj ET Q q 0 0 0 rg BT 92.43 540.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.66 540.10 Td (more ) Tj ET Q q 0 0 0 rg BT 125.65 540.10 Td (specifically ) Tj ET Q q 0 0 0 rg BT 174.18 540.10 Td (address ) Tj ET Q q 0 0 0 rg BT 206.62 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.28 540.10 Td (ef) Tj ET Q q 0 0 0 rg BT 228.87 540.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 250.20 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 260.97 540.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 292.29 540.10 Td (modifications ) Tj ET Q q 0 0 0 rg BT 349.72 540.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 377.71 540.10 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 417.93 540.10 Td (a ) Tj ET Q q 0 0 0 rg BT 424.82 540.10 Td (waiver ) Tj ET Q q 0 0 0 rg BT 454.47 540.10 Td (with ) Tj ET Q q 0 0 0 rg BT 474.70 540.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 505.46 540.10 Td (to ) Tj ET Q q 0 0 0 rg BT 515.68 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.35 540.10 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (non-compliance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (Interest ) Tj ET Q q 0 0 0 rg BT 83.17 511.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 118.56 511.10 Td (on ) Tj ET Q q 0 0 0 rg BT 131.74 511.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 156.03 511.10 Td (payables ) Tj ET Q q 0 0 0 rg BT 194.20 511.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.93 511.10 Td ($456,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.43 511.10 Td ( ) Tj ET Q q 0 0 0 rg BT 253.62 511.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.24 511.10 Td ($275,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.74 511.10 Td ( ) Tj ET Q q 0 0 0 rg BT 311.92 511.10 Td (for ) Tj ET Q q 0 0 0 rg BT 326.76 511.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.16 511.10 Td (three ) Tj ET Q q 0 0 0 rg BT 365.33 511.10 Td (month ) Tj ET Q q 0 0 0 rg BT 394.07 511.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 426.69 511.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 453.75 511.10 Td (March ) Tj ET Q q 0 0 0 rg BT 483.03 511.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 498.71 511.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 521.90 511.10 Td (and ) Tj ET Q q 0 0 0 rg BT 539.52 511.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.52 511.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 499.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (Notes ) Tj ET Q q 0 0 0 rg BT 75.83 482.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 109.42 482.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 158.59 482.10 Td (as ) Tj ET Q q 0 0 0 rg BT 169.42 482.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.25 482.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 223.85 482.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.85 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 246.35 482.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.29 482.10 Td (as ) Tj ET Q q 0 0 0 rg BT 274.12 482.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.95 482.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 343.53 482.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.53 482.10 Td ( ) Tj ET Q q 0 0 0 rg BT 366.03 482.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 376.86 482.10 Td (in ) Tj ET Q q 0 0 0 rg BT 387.14 482.10 Td (000s\): ) Tj ET Q q 0 0 0 rg BT 417.97 482.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 451.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 451.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 451.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 421.60 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 421.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 421.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 451.6 m 461.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 451.6 m 561.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 421.6 m 461.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 407.6 m 461.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 405.6 m 461.5 405.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 421.6 m 561.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 407.6 m 561.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 405.6 m 561.5 405.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.90 456.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 396.69 456.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 456.28 Td (December) Tj ET Q q 0 0 0 rg BT 513.77 456.28 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 441.27 Td (6.625% Senior Unsecured Notes due ) Tj ET Q q 0 0 0 rg BT 201.41 441.27 Td (April 26, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 441.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 441.27 Td (25,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 441.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 441.27 Td (25,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 426.27 Td (Unamortized issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.30 426.32 Td (\(913) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.65 426.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 426.32 Td (\(969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 426.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 411.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 411.27 Td (otal notes payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 411.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 411.27 Td (24,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 411.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 411.27 Td (24,031) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 385.10 Td (18. ST) Tj ET Q q 0 0 0 rg BT 94.49 385.10 Td (A) Tj ET Q q 0 0 0 rg BT 100.97 385.10 Td (TUT) Tj ET Q q 0 0 0 rg BT 121.35 385.10 Td (OR) Tj ET Q q 0 0 0 rg BT 136.00 385.10 Td (Y) Tj ET Q q 0 0 0 rg BT 142.85 385.10 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 193.49 385.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.36 368.10 Td (a ) Tj ET Q q 0 0 0 rg BT 72.04 368.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 105.84 368.10 Td (company) Tj ET Q q 0 0 0 rg BT 141.85 368.10 Td (, ) Tj ET Q q 0 0 0 rg BT 146.87 368.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 171.22 368.10 Td (could ) Tj ET Q q 0 0 0 rg BT 196.69 368.10 Td (derive ) Tj ET Q q 0 0 0 rg BT 224.91 368.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 245.93 368.10 Td (from ) Tj ET Q q 0 0 0 rg BT 268.61 368.10 Td (its ) Tj ET Q q 0 0 0 rg BT 281.30 368.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 323.41 368.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 375.54 368.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 415.99 368.10 Td (in ) Tj ET Q q 0 0 0 rg BT 427.01 368.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.47 368.10 Td (form ) Tj ET Q q 0 0 0 rg BT 465.15 368.10 Td (of ) Tj ET Q q 0 0 0 rg BT 476.73 368.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 518.86 368.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.88 368.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 552.56 368.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 99.73 356.10 Td (which ) Tj ET Q q 0 0 0 rg BT 126.96 356.10 Td (will ) Tj ET Q q 0 0 0 rg BT 145.30 356.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 185.30 356.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 215.86 356.10 Td (of ) Tj ET Q q 0 0 0 rg BT 226.98 356.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 267.53 356.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 302.53 356.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 343.64 356.10 Td (and ) Tj ET Q q 0 0 0 rg BT 360.86 356.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 380.87 356.10 Td (payments. ) Tj ET Q q 0 0 0 rg BT 423.87 356.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 447.56 356.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.35 356.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 492.00 356.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 543.68 356.10 Td (fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.10 Td (their ) Tj ET Q q 0 0 0 rg BT 71.87 344.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 119.86 344.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 160.62 344.10 Td (through ) Tj ET Q q 0 0 0 rg BT 195.28 344.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 234.93 344.10 Td (and ) Tj ET Q q 0 0 0 rg BT 252.92 344.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 300.34 344.10 Td (income ) Tj ET Q q 0 0 0 rg BT 333.33 344.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.31 344.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 394.85 344.10 Td (in ) Tj ET Q q 0 0 0 rg BT 406.17 344.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.94 344.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 463.25 344.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 504.04 344.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.13 344.10 Td (Insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 101.18 332.10 Td (require ) Tj ET Q q 0 0 0 rg BT 131.80 332.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 175.19 332.10 Td (approval ) Tj ET Q q 0 0 0 rg BT 212.47 332.10 Td (for ) Tj ET Q q 0 0 0 rg BT 226.43 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 240.94 332.10 Td (return ) Tj ET Q q 0 0 0 rg BT 267.12 332.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.74 332.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 306.69 332.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 325.93 332.10 Td (in ) Tj ET Q q 0 0 0 rg BT 336.00 332.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 365.50 332.10 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 426.94 332.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 448.68 332.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.75 332.10 Td (the ) Tj ET Q q 0 0 0 rg BT 473.27 332.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 510.00 332.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.63 332.10 Td (dividends. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.10 Td (In ) Tj ET Q q 0 0 0 rg BT 61.03 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.95 320.10 Td (event ) Tj ET Q q 0 0 0 rg BT 100.31 320.10 Td (that ) Tj ET Q q 0 0 0 rg BT 118.00 320.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 159.59 320.10 Td (available ) Tj ET Q q 0 0 0 rg BT 198.38 320.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.86 320.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.78 320.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 257.04 320.10 Td (company ) Tj ET Q q 0 0 0 rg BT 296.40 320.10 Td (are ) Tj ET Q q 0 0 0 rg BT 311.31 320.10 Td (inadequate ) Tj ET Q q 0 0 0 rg BT 357.32 320.10 Td (to ) Tj ET Q q 0 0 0 rg BT 367.80 320.10 Td (cover ) Tj ET Q q 0 0 0 rg BT 392.71 320.10 Td (its ) Tj ET Q q 0 0 0 rg BT 404.86 320.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 445.32 320.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 484.12 320.10 Td (and ) Tj ET Q q 0 0 0 rg BT 501.26 320.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 521.18 320.10 Td (payments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 308.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 97.77 308.10 Td (company ) Tj ET Q q 0 0 0 rg BT 136.93 308.10 Td (would ) Tj ET Q q 0 0 0 rg BT 164.43 308.10 Td (need ) Tj ET Q q 0 0 0 rg BT 185.81 308.10 Td (to ) Tj ET Q q 0 0 0 rg BT 196.08 308.10 Td (raise ) Tj ET Q q 0 0 0 rg BT 217.46 308.10 Td (capital, ) Tj ET Q q 0 0 0 rg BT 249.11 308.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 265.50 308.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 291.33 308.10 Td (or ) Tj ET Q q 0 0 0 rg BT 302.16 308.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 325.21 308.10 Td (future ) Tj ET Q q 0 0 0 rg BT 351.58 308.10 Td (debt. ) Tj ET Q q 0 0 0 rg BT 373.80 308.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.44 291.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 110.20 291.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 161.98 291.10 Td (must ) Tj ET Q q 0 0 0 rg BT 184.33 291.10 Td (each ) Tj ET Q q 0 0 0 rg BT 205.54 291.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 243.42 291.10 Td (a ) Tj ET Q q 0 0 0 rg BT 250.75 291.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 292.54 291.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 330.43 291.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 359.98 291.10 Td (and ) Tj ET Q q 0 0 0 rg BT 377.31 291.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 409.09 291.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.32 291.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 440.71 291.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.61 291.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 291.10 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 495.39 291.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.29 291.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.18 291.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.51 291.10 Td ($3.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 279.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.24 279.10 Td (under ) Tj ET Q q 0 0 0 rg BT 108.36 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.92 279.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 168.94 279.10 Td (of ) Tj ET Q q 0 0 0 rg BT 180.62 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.19 279.10 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 227.87 279.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 270.08 279.10 Td (Code, ) Tj ET Q q 0 0 0 rg BT 297.04 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.61 279.10 Td (Missouri ) Tj ET Q q 0 0 0 rg BT 351.52 279.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 393.73 279.10 Td (Code ) Tj ET Q q 0 0 0 rg BT 418.19 279.10 Td (and ) Tj ET Q q 0 0 0 rg BT 435.98 279.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.54 279.10 Td (New ) Tj ET Q q 0 0 0 rg BT 473.28 279.10 Td (Y) Tj ET Q q 0 0 0 rg BT 479.50 279.10 Td (ork ) Tj ET Q q 0 0 0 rg BT 496.18 279.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 538.39 279.10 Td (Code, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 267.10 Td (. ) Tj ET Q q 0 0 0 rg BT 103.05 267.10 Td (Dividends ) Tj ET Q q 0 0 0 rg BT 147.06 267.10 Td (may ) Tj ET Q q 0 0 0 rg BT 167.17 267.10 Td (only ) Tj ET Q q 0 0 0 rg BT 187.84 267.10 Td (be ) Tj ET Q q 0 0 0 rg BT 200.17 267.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 220.28 267.10 Td (from ) Tj ET Q q 0 0 0 rg BT 242.61 267.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 280.50 267.10 Td (unassigned ) Tj ET Q q 0 0 0 rg BT 327.83 267.10 Td (surplus, ) Tj ET Q q 0 0 0 rg BT 362.11 267.10 Td (and ) Tj ET Q q 0 0 0 rg BT 379.45 267.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 420.66 267.10 Td (may ) Tj ET Q q 0 0 0 rg BT 440.77 267.10 Td (not ) Tj ET Q q 0 0 0 rg BT 456.45 267.10 Td (be ) Tj ET Q q 0 0 0 rg BT 468.78 267.10 Td (made ) Tj ET Q q 0 0 0 rg BT 493.33 267.10 Td (if ) Tj ET Q q 0 0 0 rg BT 502.33 267.10 Td (such ) Tj ET Q q 0 0 0 rg BT 523.55 267.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 555.33 267.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (less ) Tj ET Q q 0 0 0 rg BT 67.29 255.10 Td (than ) Tj ET Q q 0 0 0 rg BT 86.79 255.10 Td (a ) Tj ET Q q 0 0 0 rg BT 93.52 255.10 Td (stipulated ) Tj ET Q q 0 0 0 rg BT 134.69 255.10 Td (amount. ) Tj ET Q q 0 0 0 rg BT 169.31 255.10 Td (The ) Tj ET Q q 0 0 0 rg BT 187.15 255.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 224.43 255.10 Td (restriction ) Tj ET Q q 0 0 0 rg BT 267.26 255.10 Td (for ) Tj ET Q q 0 0 0 rg BT 281.21 255.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.21 255.10 Td (ASI ) Tj ET Q q 0 0 0 rg BT 313.62 255.10 Td (Pool ) Tj ET Q q 0 0 0 rg BT 334.24 255.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 385.42 255.10 Td (is ) Tj ET Q q 0 0 0 rg BT 394.38 255.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.88 255.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 438.93 255.10 Td (of ) Tj ET Q q 0 0 0 rg BT 449.55 255.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 486.83 255.10 Td (net ) Tj ET Q q 0 0 0 rg BT 501.34 255.10 Td (income ) Tj ET Q q 0 0 0 rg BT 533.06 255.10 Td (or ) Tj ET Q q 0 0 0 rg BT 543.68 255.10 Td (10% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.57 243.10 Td (total ) Tj ET Q q 0 0 0 rg BT 80.58 243.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 117.81 243.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 146.70 243.10 Td (and ) Tj ET Q q 0 0 0 rg BT 163.38 243.10 Td (surplus. ) Tj ET Q q 0 0 0 rg BT 196.85 243.10 Td (The ) Tj ET Q q 0 0 0 rg BT 214.64 243.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 251.87 243.10 Td (restriction ) Tj ET Q q 0 0 0 rg BT 294.65 243.10 Td (for ) Tj ET Q q 0 0 0 rg BT 308.55 243.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 338.00 243.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 369.68 243.10 Td (is ) Tj ET Q q 0 0 0 rg BT 378.59 243.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.04 243.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 418.05 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 428.62 243.10 Td (10% ) Tj ET Q q 0 0 0 rg BT 449.19 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 459.76 243.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 496.99 243.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 528.12 243.10 Td (or ) Tj ET Q q 0 0 0 rg BT 538.69 243.10 Td (100% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 231.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 96.66 231.10 Td (net ) Tj ET Q q 0 0 0 rg BT 111.37 231.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 157.75 231.10 Td (income ) Tj ET Q q 0 0 0 rg BT 189.69 231.10 Td (for ) Tj ET Q q 0 0 0 rg BT 203.85 231.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.56 231.10 Td (preceding ) Tj ET Q q 0 0 0 rg BT 260.49 231.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 289.64 231.10 Td (month ) Tj ET Q q 0 0 0 rg BT 317.70 231.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.75 214.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.71 214.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 121.45 214.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.45 214.10 Td (, ) Tj ET Q q 0 0 0 rg BT 147.58 214.10 Td (our ) Tj ET Q q 0 0 0 rg BT 164.55 214.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 207.05 214.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 259.57 214.10 Td (had ) Tj ET Q q 0 0 0 rg BT 277.65 214.10 Td (a ) Tj ET Q q 0 0 0 rg BT 285.72 214.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 328.79 214.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 367.42 214.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 399.95 214.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.91 214.10 Td ($91.0 ) Tj ET Q q 0 0 0 rg BT 438.05 214.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.94 214.10 Td ( ) Tj ET Q q 0 0 0 rg BT 470.57 214.10 Td (and ) Tj ET Q q 0 0 0 rg BT 488.65 214.10 Td (had ) Tj ET Q q 0 0 0 rg BT 506.72 214.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 549.79 214.10 Td (net ) Tj ET Q q 0 0 0 rg BT 564.51 214.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 92.20 202.10 Td (written ) Tj ET Q q 0 0 0 rg BT 122.73 202.10 Td (and ) Tj ET Q q 0 0 0 rg BT 139.37 202.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 181.01 202.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 218.21 202.10 Td (net ) Tj ET Q q 0 0 0 rg BT 232.63 202.10 Td (income ) Tj ET Q q 0 0 0 rg BT 264.26 202.10 Td (for ) Tj ET Q q 0 0 0 rg BT 278.13 202.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.55 202.10 Td (three ) Tj ET Q q 0 0 0 rg BT 314.74 202.10 Td (month ) Tj ET Q q 0 0 0 rg BT 342.50 202.10 Td (period ) Tj ET Q q 0 0 0 rg BT 370.25 202.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.33 202.10 Td (March ) Tj ET Q q 0 0 0 rg BT 424.63 202.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 439.33 202.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.33 202.10 Td ( ) Tj ET Q q 0 0 0 rg BT 461.54 202.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.07 202.10 Td ($82.2 ) Tj ET Q q 0 0 0 rg BT 496.77 202.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.67 202.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.87 202.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.51 202.10 Td ($3.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 190.10 Td (, ) Tj ET Q q 0 0 0 rg BT 83.89 190.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 131.55 190.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 173.10 Td (As ) Tj ET Q q 0 0 0 rg BT 63.92 173.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.05 173.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 133.94 173.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.94 173.10 Td (, ) Tj ET Q q 0 0 0 rg BT 159.24 173.10 Td (our ) Tj ET Q q 0 0 0 rg BT 175.37 173.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 217.04 173.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 268.73 173.10 Td (had ) Tj ET Q q 0 0 0 rg BT 285.97 173.10 Td (a ) Tj ET Q q 0 0 0 rg BT 293.21 173.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 335.45 173.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 373.25 173.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 404.94 173.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.07 173.10 Td ($87.8 ) Tj ET Q q 0 0 0 rg BT 441.38 173.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.27 173.10 Td ( ) Tj ET Q q 0 0 0 rg BT 473.07 173.10 Td (and ) Tj ET Q q 0 0 0 rg BT 490.31 173.10 Td (had ) Tj ET Q q 0 0 0 rg BT 507.55 173.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 549.79 173.10 Td (net ) Tj ET Q q 0 0 0 rg BT 564.51 173.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 92.57 161.10 Td (written ) Tj ET Q q 0 0 0 rg BT 123.46 161.10 Td (and ) Tj ET Q q 0 0 0 rg BT 140.47 161.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 182.48 161.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 220.04 161.10 Td (net ) Tj ET Q q 0 0 0 rg BT 234.83 161.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 252.96 161.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.19 161.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.98 161.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 311.21 161.10 Td (month ) Tj ET Q q 0 0 0 rg BT 339.33 161.10 Td (period ) Tj ET Q q 0 0 0 rg BT 367.45 161.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.90 161.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 452.55 161.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.55 161.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.12 161.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.03 161.10 Td ($231.1 ) Tj ET Q q 0 0 0 rg BT 516.10 161.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.99 161.10 Td ( ) Tj ET Q q 0 0 0 rg BT 547.56 161.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.10 Td ($35.2 ) Tj ET Q q 0 0 0 rg BT 75.00 149.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 149.10 Td (, ) Tj ET Q q 0 0 0 rg BT 108.89 149.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 156.55 149.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.84 132.10 Td (did ) Tj ET Q q 0 0 0 rg BT 89.35 132.10 Td (not ) Tj ET Q q 0 0 0 rg BT 104.87 132.10 Td (declare ) Tj ET Q q 0 0 0 rg BT 136.46 132.10 Td (or ) Tj ET Q q 0 0 0 rg BT 147.52 132.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 164.70 132.10 Td (any ) Tj ET Q q 0 0 0 rg BT 181.87 132.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 223.49 132.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.00 132.10 Td (its ) Tj ET Q q 0 0 0 rg BT 246.18 132.10 Td (common ) Tj ET Q q 0 0 0 rg BT 283.91 132.10 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 337.18 132.10 Td (during ) Tj ET Q q 0 0 0 rg BT 366.02 132.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.97 132.10 Td (three ) Tj ET Q q 0 0 0 rg BT 403.69 132.10 Td (month ) Tj ET Q q 0 0 0 rg BT 431.98 132.10 Td (period ) Tj ET Q q 0 0 0 rg BT 460.26 132.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 486.87 132.10 Td (March ) Tj ET Q q 0 0 0 rg BT 515.70 132.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 530.94 132.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.94 132.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 132.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (during ) Tj ET Q q 0 0 0 rg BT 78.61 120.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.33 120.10 Td (year ) Tj ET Q q 0 0 0 rg BT 113.03 120.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 139.41 120.10 Td (December ) Tj ET Q q 0 0 0 rg BT 182.99 120.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 197.99 120.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.99 120.10 Td (. ) Tj ET Q endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.50 742.25 Td (19. CHANGE IN ) Tj ET Q q 0 0 0 rg BT 141.95 742.25 Td (ACCOUNTING PRINCIPLE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 725.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.29 725.25 Td (January ) Tj ET Q q 0 0 0 rg BT 91.85 725.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 115.82 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 129.50 725.25 Td (F) Tj ET Q q 0 0 0 rg BT 134.31 725.25 Td (ASB ) Tj ET Q q 0 0 0 rg BT 155.23 725.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 181.37 725.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 202.84 725.25 Td (2016-01, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 240.13 725.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 280.47 725.25 Td (Instruments ) Tj ET Q q 0 0 0 rg BT 329.16 725.25 Td (- ) Tj ET Q q 0 0 0 rg BT 333.95 725.25 Td (Overall ) Tj ET Q q 0 0 0 rg BT 365.96 725.25 Td (\(Subtopic ) Tj ET Q q 0 0 0 rg BT 405.75 725.25 Td (825-10\): ) Tj ET Q q 0 0 0 rg BT 442.20 725.25 Td (Recognition ) Tj ET Q q 0 0 0 rg BT 491.98 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 508.44 725.25 Td (Measur) Tj ET Q q 0 0 0 rg BT 538.63 725.25 Td (ement ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.07 713.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 99.61 713.25 Td (Assets ) Tj ET Q q 0 0 0 rg BT 126.41 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 143.20 713.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 183.87 713.25 Td (Liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.93 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 228.73 713.25 Td (One ) Tj ET Q q 0 0 0 rg BT 247.18 713.25 Td (provision ) Tj ET Q q 0 0 0 rg BT 286.75 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 296.87 713.25 Td (this ) Tj ET Q q 0 0 0 rg BT 313.11 713.25 Td (update ) Tj ET Q q 0 0 0 rg BT 341.56 713.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 375.56 713.25 Td (that ) Tj ET Q q 0 0 0 rg BT 392.34 713.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 419.13 713.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 471.20 713.25 Td (except ) Tj ET Q q 0 0 0 rg BT 499.08 713.25 Td (those ) Tj ET Q q 0 0 0 rg BT 521.98 713.25 Td (accounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 701.25 Td (for ) Tj ET Q q 0 0 0 rg BT 63.56 701.25 Td (under ) Tj ET Q q 0 0 0 rg BT 88.73 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 103.35 701.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 130.74 701.25 Td (method, ) Tj ET Q q 0 0 0 rg BT 165.64 701.25 Td (be ) Tj ET Q q 0 0 0 rg BT 177.47 701.25 Td (measured ) Tj ET Q q 0 0 0 rg BT 218.19 701.25 Td (at ) Tj ET Q q 0 0 0 rg BT 227.81 701.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 244.08 701.25 Td (value ) Tj ET Q q 0 0 0 rg BT 268.14 701.25 Td (and ) Tj ET Q q 0 0 0 rg BT 284.98 701.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 319.58 701.25 Td (in ) Tj ET Q q 0 0 0 rg BT 329.76 701.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 346.04 701.25 Td (value ) Tj ET Q q 0 0 0 rg BT 370.09 701.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 416.36 701.25 Td (in ) Tj ET Q q 0 0 0 rg BT 426.53 701.25 Td (net ) Tj ET Q q 0 0 0 rg BT 441.15 701.25 Td (income. ) Tj ET Q q 0 0 0 rg BT 475.31 701.25 Td (The ) Tj ET Q q 0 0 0 rg BT 493.26 701.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 537.33 701.25 Td (of ) Tj ET Q q 0 0 0 rg BT 548.06 701.25 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 689.25 Td (update ) Tj ET Q q 0 0 0 rg BT 79.06 689.25 Td (are ) Tj ET Q q 0 0 0 rg BT 94.18 689.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 140.94 689.25 Td (as ) Tj ET Q q 0 0 0 rg BT 152.18 689.25 Td (a ) Tj ET Q q 0 0 0 rg BT 159.53 689.25 Td (cumulative-ef) Tj ET Q q 0 0 0 rg BT 214.87 689.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 232.77 689.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 279.55 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 290.24 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 305.36 689.25 Td (balance ) Tj ET Q q 0 0 0 rg BT 338.80 689.25 Td (sheet ) Tj ET Q q 0 0 0 rg BT 362.26 689.25 Td (as ) Tj ET Q q 0 0 0 rg BT 373.49 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 384.73 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 399.85 689.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 442.75 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 453.99 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 469.11 689.25 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 493.68 689.25 Td (year ) Tj ET Q q 0 0 0 rg BT 513.79 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 525.03 689.25 Td (adoption. ) Tj ET Q q 0 0 0 rg BT 565.02 689.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 677.25 Td (For ) Tj ET Q q 0 0 0 rg BT 65.66 677.25 Td (public ) Tj ET Q q 0 0 0 rg BT 92.92 677.25 Td (entities, ) Tj ET Q q 0 0 0 rg BT 126.57 677.25 Td (this ) Tj ET Q q 0 0 0 rg BT 143.29 677.25 Td (guidance ) Tj ET Q q 0 0 0 rg BT 181.65 677.25 Td (is ) Tj ET Q q 0 0 0 rg BT 190.59 677.25 Td (ef) Tj ET Q q 0 0 0 rg BT 198.18 677.25 Td (fective ) Tj ET Q q 0 0 0 rg BT 227.65 677.25 Td (for ) Tj ET Q q 0 0 0 rg BT 241.58 677.25 Td (years ) Tj ET Q q 0 0 0 rg BT 264.94 677.25 Td (beginning ) Tj ET Q q 0 0 0 rg BT 307.21 677.25 Td (after ) Tj ET Q q 0 0 0 rg BT 327.79 677.25 Td (December ) Tj ET Q q 0 0 0 rg BT 371.14 677.25 Td (15, ) Tj ET Q q 0 0 0 rg BT 385.91 677.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 410.68 677.25 Td (including ) Tj ET Q q 0 0 0 rg BT 450.72 677.25 Td (interim ) Tj ET Q q 0 0 0 rg BT 481.87 677.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 513.57 677.25 Td (within ) Tj ET Q q 0 0 0 rg BT 541.40 677.25 Td (those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 665.25 Td (years. ) Tj ET Q q 0 0 0 rg BT 75.16 665.25 Td ( ) Tj ET Q q 0 0 0 rg BT 77.22 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Tj ET Q q 0 0 0 rg BT 68.29 653.25 Td (adoption ) Tj ET Q q 0 0 0 rg BT 106.53 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 118.10 653.25 Td (this ) Tj ET Q q 0 0 0 rg BT 135.08 653.25 Td (ASU ) Tj ET Q q 0 0 0 rg BT 158.33 653.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 193.23 653.25 Td (in ) Tj ET Q q 0 0 0 rg BT 204.25 653.25 Td (the ) Tj ET Q q 0 0 0 rg BT 219.71 653.25 Td (recognition ) Tj ET Q q 0 0 0 rg BT 268.49 653.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.07 653.25 Td ($377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.07 653.25 Td (,000 ) Tj ET Q q 0 0 0 rg BT 320.81 653.25 Td (of ) Tj ET Q q 0 0 0 rg BT 332.39 653.25 Td (net ) Tj ET Q q 0 0 0 rg BT 347.85 653.25 Td (after) Tj ET Q q 0 0 0 rg BT 365.96 653.25 Td (-tax ) Tj ET Q q 0 0 0 rg BT 384.75 653.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 429.64 653.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 453.99 653.25 Td (on ) Tj ET Q q 0 0 0 rg BT 467.23 653.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 495.47 653.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 546.49 653.25 Td (as ) Tj ET Q q 0 0 0 rg BT 558.06 653.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 641.25 Td (cumulative-ef) Tj ET Q q 0 0 0 rg BT 104.85 641.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 124.48 641.25 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 173.00 641.25 Td (to ) Tj ET Q q 0 0 0 rg BT 185.42 641.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 222.82 641.25 Td (retained ) Tj ET Q q 0 0 0 rg BT 259.66 641.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 298.18 641.25 Td (and ) Tj ET Q q 0 0 0 rg BT 317.27 641.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 355.30 641.25 Td (AOCI. ) Tj ET Q q 0 0 0 rg BT 386.55 641.25 Td (The ) Tj ET Q q 0 0 0 rg BT 406.74 641.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 455.26 641.25 Td (section ) Tj ET Q q 0 0 0 rg BT 488.23 641.25 Td (of ) Tj ET Q q 0 0 0 rg BT 501.20 641.25 Td (the ) Tj ET Q q 0 0 0 rg BT 518.06 641.25 Td (Condensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 629.25 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 105.60 629.25 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Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 697.60 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.50 697.60 400.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 697.60 48.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.60 64.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.50 673.60 400.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 673.60 48.00 -12.00 re f /GS0 gs BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 700.33 Td (Section) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 117.00 700.33 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.70 700.33 Td (Page) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 688.22 Td (I.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 117 686.8833984375 m 156.4287109375 686.8833984375 l s q 0 0 1 rg BT 117.00 688.22 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 676.22 Td (II.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 117 674.8833984375 m 188.93359375 674.8833984375 l s q 0 0 1 rg BT 117.00 676.22 Td (Operating Results) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 664.22 Td (III.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 117 662.8833984375 m 196.716796875 662.8833984375 l s q 0 0 1 rg BT 117.00 664.22 Td (Financial Condition) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 533 686.8833984375 m 543 686.8833984375 l s q 0 0 1 rg BT 533.00 688.22 Td (28) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 533 674.8833984375 m 543 674.8833984375 l s q 0 0 1 rg BT 533.00 676.22 Td (30) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 533 662.8833984375 m 543 662.8833984375 l s q 0 0 1 rg BT 533.00 664.22 Td (39) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.90 742.25 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 232.92 742.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 256.54 742.25 Td (ANAL) Tj ET Q q 0 0 0 rg BT 283.95 742.25 Td (YSIS OF) Tj ET Q q 0 0 0 rg BT 322.21 742.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 380.82 742.25 Td ( CONDITION ) Tj ET Q q 0 0 0 rg BT 444.17 742.25 Td (AND RESUL) Tj ET Q q 0 0 0 rg BT 500.76 742.25 Td (TS OF) Tj ET Q q 0 0 0 rg BT 529.01 742.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.30 730.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 307.56 730.25 Td (TIONS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.25 713.25 Td (following ) Tj ET Q q 0 0 0 rg BT 107.28 713.25 Td (discussion ) Tj ET Q q 0 0 0 rg BT 151.20 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 168.45 713.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 203.48 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 213.51 713.25 Td (our ) Tj ET Q q 0 0 0 rg BT 229.65 713.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 267.45 713.25 Td (condition ) Tj ET Q q 0 0 0 rg BT 307.48 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 324.73 713.25 Td (r) Tj ET Q q 0 0 0 rg BT 328.25 713.25 Td (esults ) Tj ET Q q 0 0 0 rg BT 353.28 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 363.30 713.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 408.33 713.25 Td (should ) Tj ET Q q 0 0 0 rg BT 437.25 713.25 Td (be ) Tj ET Q q 0 0 0 rg BT 448.94 713.25 Td (r) Tj ET Q q 0 0 0 rg BT 452.46 713.25 Td (ead ) Tj ET Q q 0 0 0 rg BT 469.15 713.25 Td (in ) Tj ET Q q 0 0 0 rg BT 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701.25 Td (this ) Tj ET Q q 0 0 0 rg BT 520.33 701.25 Td (discussion ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 68.01 689.25 Td (analysis, ) Tj ET Q q 0 0 0 rg BT 106.29 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 121.52 689.25 Td (term ) Tj ET Q q 0 0 0 rg BT 142.85 689.25 Td (common ) Tj ET Q q 0 0 0 rg BT 185.30 689.25 Td (shar) Tj ET Q q 0 0 0 rg BT 202.71 689.25 Td (e ) Tj ET Q q 0 0 0 rg BT 215.72 689.25 Td (r) Tj ET Q q 0 0 0 rg BT 219.24 689.25 Td (efers ) Tj ET Q q 0 0 0 rg BT 241.69 689.25 Td (to ) Tj ET Q q 0 0 0 rg BT 252.47 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 267.70 689.25 Td (summation ) Tj ET Q q 0 0 0 rg BT 314.59 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 325.38 689.25 Td (r) Tj ET Q q 0 0 0 rg BT 328.90 689.25 Td (estricted ) Tj ET Q q 0 0 0 rg BT 366.34 689.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 394.34 689.25 Td (common ) Tj ET Q q 0 0 0 rg BT 431.23 689.25 Td (shar) Tj ET Q q 0 0 0 rg BT 448.64 689.25 Td (es, ) Tj ET Q q 0 0 0 rg BT 462.48 689.25 Td (or) Tj ET Q q 0 0 0 rg BT 471.00 689.25 Td (dinary ) Tj ET Q q 0 0 0 rg BT 500.12 689.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 528.12 689.25 Td (common ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 677.25 Td (shar) Tj ET Q q 0 0 0 rg BT 67.41 677.25 Td (es ) Tj ET Q q 0 0 0 rg BT 78.24 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 95.74 677.25 Td (participative ) Tj ET Q q 0 0 0 rg BT 149.34 677.25 Td (r) Tj ET Q q 0 0 0 rg BT 152.86 677.25 Td (estricted ) Tj ET Q q 0 0 0 rg BT 189.79 677.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 212.84 677.25 Td (units ) Tj ET Q q 0 0 0 rg BT 234.79 677.25 Td (when ) Tj ET Q q 0 0 0 rg BT 258.40 677.25 Td (used ) Tj ET Q q 0 0 0 rg BT 279.23 677.25 Td (to ) Tj ET Q q 0 0 0 rg BT 289.51 677.25 Td (describe ) Tj ET Q q 0 0 0 rg BT 325.88 677.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 363.38 677.25 Td (\(loss\) ) Tj ET Q q 0 0 0 rg BT 388.11 677.25 Td (or ) Tj ET Q q 0 0 0 rg BT 399.50 677.25 Td (book ) Tj ET Q q 0 0 0 rg BT 421.44 677.25 Td (value ) Tj ET Q q 0 0 0 rg BT 445.59 677.25 Td (per ) Tj ET Q q 0 0 0 rg BT 461.42 677.25 Td (common ) Tj ET Q q 0 0 0 rg BT 497.80 677.25 Td (shar) Tj ET Q q 0 0 0 rg BT 515.21 677.25 Td (e.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 660.25 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 125.28 660.25 Td (statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.25 Td (In ) Tj ET Q q 0 0 0 rg BT 61.89 643.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 98.23 643.25 Td (to ) Tj ET Q q 0 0 0 rg BT 109.58 643.25 Td (the ) Tj ET Q q 0 0 0 rg BT 125.36 643.25 Td (historical ) Tj ET Q q 0 0 0 rg BT 166.13 643.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 220.24 643.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 258.78 643.25 Td (information, ) Tj ET Q q 0 0 0 rg BT 312.06 643.25 Td (this ) Tj ET Q q 0 0 0 rg BT 330.07 643.25 Td (report ) Tj ET Q q 0 0 0 rg BT 357.51 643.25 Td (contains ) Tj ET Q q 0 0 0 rg BT 394.40 643.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 467.94 643.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 520.66 643.25 Td (within ) Tj ET Q q 0 0 0 rg BT 549.78 643.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.25 Td (meaning ) Tj ET Q q 0 0 0 rg BT 86.24 631.25 Td (of ) Tj ET Q q 0 0 0 rg BT 96.38 631.25 Td (the ) Tj ET Q q 0 0 0 rg BT 110.40 631.25 Td (Private ) Tj ET Q q 0 0 0 rg BT 140.54 631.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 181.78 631.25 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 223.03 631.25 Td (Reform ) Tj ET Q q 0 0 0 rg BT 254.98 631.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 271.23 631.25 Td (of ) Tj ET Q q 0 0 0 rg BT 281.37 631.25 Td (1995, ) Tj ET Q q 0 0 0 rg BT 305.67 631.25 Td (which ) Tj ET Q q 0 0 0 rg BT 331.92 631.25 Td (may ) Tj ET Q q 0 0 0 rg BT 350.95 631.25 Td (include, ) Tj ET Q q 0 0 0 rg BT 384.69 631.25 Td (but ) Tj ET Q q 0 0 0 rg BT 399.27 631.25 Td (are ) Tj ET Q q 0 0 0 rg BT 413.29 631.25 Td (not ) Tj ET Q q 0 0 0 rg BT 427.88 631.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 458.01 631.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 470.10 631.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 514.12 631.25 Td (with ) Tj ET Q q 0 0 0 rg BT 533.71 631.25 Td (respect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.25 Td (to ) Tj ET Q q 0 0 0 rg BT 59.62 619.25 Td (estimates ) Tj ET Q q 0 0 0 rg BT 98.67 619.25 Td (of ) Tj ET Q q 0 0 0 rg BT 108.83 619.25 Td (future ) Tj ET Q q 0 0 0 rg BT 134.55 619.25 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 174.98 619.25 Td (revenue ) Tj ET Q q 0 0 0 rg BT 208.47 619.25 Td (and ) Tj ET Q q 0 0 0 rg BT 224.74 619.25 Td (profitability; ) Tj ET Q q 0 0 0 rg BT 277.13 619.25 Td (trends ) Tj ET Q q 0 0 0 rg BT 303.40 619.25 Td (af) Tj ET Q q 0 0 0 rg BT 310.99 619.25 Td (fecting ) Tj ET Q q 0 0 0 rg BT 340.59 619.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 377.41 619.25 Td (condition, ) Tj ET Q q 0 0 0 rg BT 419.52 619.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 439.13 619.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 463.18 619.25 Td (and ) Tj ET Q q 0 0 0 rg BT 479.46 619.25 Td (results ) Tj ET Q q 0 0 0 rg BT 507.41 619.25 Td (of ) Tj ET Q q 0 0 0 rg BT 517.57 619.25 Td (operations; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (the ) Tj ET Q q 0 0 0 rg BT 65.55 607.25 Td (availability ) Tj ET Q q 0 0 0 rg BT 113.86 607.25 Td (and ) Tj ET Q q 0 0 0 rg BT 131.63 607.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 157.18 607.25 Td (of ) Tj ET Q q 0 0 0 rg BT 168.84 607.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 212.16 607.25 Td (capital; ) Tj ET Q q 0 0 0 rg BT 244.92 607.25 Td (dependence ) Tj ET Q q 0 0 0 rg BT 295.44 607.25 Td (on ) Tj ET Q q 0 0 0 rg BT 308.77 607.25 Td (key ) Tj ET Q q 0 0 0 rg BT 326.54 607.25 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 365.98 607.25 Td (and ) Tj ET Q q 0 0 0 rg BT 383.75 607.25 Td (other ) Tj ET Q q 0 0 0 rg BT 407.62 607.25 Td (strategic ) Tj ET Q q 0 0 0 rg BT 444.82 607.25 Td (partners; ) Tj ET Q q 0 0 0 rg BT 483.14 607.25 Td (industry ) Tj ET Q q 0 0 0 rg BT 519.25 607.25 Td (trends; ) Tj ET Q q 0 0 0 rg BT 549.79 607.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (competitive ) Tj ET Q q 0 0 0 rg BT 100.99 595.25 Td (and ) Tj ET Q q 0 0 0 rg BT 119.20 595.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 164.08 595.25 Td (environment; ) Tj ET Q q 0 0 0 rg BT 221.17 595.25 Td (the ) Tj ET Q q 0 0 0 rg BT 237.17 595.25 Td (successful ) Tj ET Q q 0 0 0 rg BT 282.05 595.25 Td (integration ) Tj ET Q q 0 0 0 rg BT 329.15 595.25 Td (of ) Tj ET Q q 0 0 0 rg BT 341.26 595.25 Td (acquisitions; ) Tj ET Q q 0 0 0 rg BT 395.59 595.25 Td (the ) Tj ET Q q 0 0 0 rg BT 411.58 595.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 442.57 595.25 Td (of ) Tj ET Q q 0 0 0 rg BT 454.68 595.25 Td (losing ) Tj ET Q q 0 0 0 rg BT 482.91 595.25 Td (one ) Tj ET Q q 0 0 0 rg BT 501.13 595.25 Td (or ) Tj ET Q q 0 0 0 rg BT 513.23 595.25 Td (more ) Tj ET Q q 0 0 0 rg BT 537.56 595.25 Td (senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.25 Td (executives ) Tj ET Q q 0 0 0 rg BT 95.17 583.25 Td (or ) Tj ET Q q 0 0 0 rg BT 106.46 583.25 Td (failing ) Tj ET Q q 0 0 0 rg BT 135.53 583.25 Td (to ) Tj ET Q q 0 0 0 rg BT 146.28 583.25 Td (attract ) Tj ET Q q 0 0 0 rg BT 174.23 583.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 217.18 583.25 Td (key ) Tj ET Q q 0 0 0 rg BT 234.59 583.25 Td (personnel; ) Tj ET Q q 0 0 0 rg BT 279.21 583.25 Td (and ) Tj ET Q q 0 0 0 rg BT 296.61 583.25 Td (other ) Tj ET Q q 0 0 0 rg BT 320.13 583.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 350.30 583.25 Td (referenced ) Tj ET Q q 0 0 0 rg BT 395.45 583.25 Td (in ) Tj ET Q q 0 0 0 rg BT 406.19 583.25 Td (this ) Tj ET Q q 0 0 0 rg BT 423.61 583.25 Td (report. ) Tj ET Q q 0 0 0 rg BT 452.95 583.25 Td (Factors ) Tj ET Q q 0 0 0 rg BT 485.36 583.25 Td (that ) Tj ET Q q 0 0 0 rg BT 503.32 583.25 Td (could ) Tj ET Q q 0 0 0 rg BT 528.50 583.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 553.67 583.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (contribute ) Tj ET Q q 0 0 0 rg BT 93.83 571.25 Td (to ) Tj ET Q q 0 0 0 rg BT 104.90 571.25 Td (these ) Tj ET Q q 0 0 0 rg BT 128.74 571.25 Td (dif) Tj ET Q q 0 0 0 rg BT 139.67 571.25 Td (ferences ) Tj ET Q q 0 0 0 rg BT 176.26 571.25 Td (include ) Tj ET Q q 0 0 0 rg BT 208.99 571.25 Td (those ) Tj ET Q q 0 0 0 rg BT 233.39 571.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 275.01 571.25 Td (below ) Tj ET Q q 0 0 0 rg BT 302.74 571.25 Td (and ) Tj ET Q q 0 0 0 rg BT 320.47 571.25 Td (elsewhere, ) Tj ET Q q 0 0 0 rg BT 366.24 571.25 Td (particularly ) Tj ET Q q 0 0 0 rg BT 415.62 571.25 Td (in ) Tj ET Q q 0 0 0 rg BT 426.68 571.25 Td (the ) Tj ET Q q 0 0 0 rg BT 442.19 571.25 Td (Risk ) Tj ET Q q 0 0 0 rg BT 468.26 571.25 Td (Factors ) Tj ET Q q 0 0 0 rg BT 505.43 571.25 Td (section ) Tj ET Q q 0 0 0 rg BT 537.05 571.25 Td (of ) Tj ET Q q 0 0 0 rg BT 548.67 571.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (Annual ) Tj ET Q q 0 0 0 rg BT 81.94 559.25 Td (Report ) Tj ET Q q 0 0 0 rg BT 111.66 559.25 Td (on ) Tj ET Q q 0 0 0 rg BT 124.16 559.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 148.33 559.25 Td (10-K ) Tj ET Q q 0 0 0 rg BT 171.38 559.25 Td (for ) Tj ET Q q 0 0 0 rg BT 185.54 559.25 Td (the ) Tj ET Q q 0 0 0 rg BT 200.25 559.25 Td (year ) Tj ET Q q 0 0 0 rg BT 219.96 559.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.34 559.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 304.92 559.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.92 559.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (Often, ) Tj ET Q q 0 0 0 rg BT 77.33 542.25 Td (but ) Tj ET Q q 0 0 0 rg BT 92.17 542.25 Td (not ) Tj ET Q q 0 0 0 rg BT 107.00 542.25 Td (always, ) Tj ET Q q 0 0 0 rg BT 139.33 542.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 206.93 542.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 251.20 542.25 Td (can ) Tj ET Q q 0 0 0 rg BT 267.14 542.25 Td (be ) Tj ET Q q 0 0 0 rg BT 278.63 542.25 Td (identified ) Tj ET Q q 0 0 0 rg BT 319.01 542.25 Td (by ) Tj ET Q q 0 0 0 rg BT 331.07 542.25 Td (the ) Tj ET Q q 0 0 0 rg BT 345.35 542.25 Td (use ) Tj ET Q q 0 0 0 rg BT 360.74 542.25 Td (of ) Tj ET Q q 0 0 0 rg BT 371.13 542.25 Td (words ) Tj ET Q q 0 0 0 rg BT 397.63 542.25 Td (such ) Tj ET Q q 0 0 0 rg BT 418.02 542.25 Td (as ) Tj ET Q q 0 0 0 rg BT 428.41 542.25 Td (plans, ) Tj ET Q q 0 0 0 rg BT 462.96 542.25 Td (expects, ) Tj ET Q q 0 0 0 rg BT 506.38 542.25 Td (is ) Tj ET Q q 0 0 0 rg BT 519.55 542.25 Td (expected, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (budget, ) Tj ET Q q 0 0 0 rg BT 89.98 530.25 Td (scheduled, ) Tj ET Q q 0 0 0 rg BT 142.73 530.25 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 192.71 530.25 Td (forecasts, ) Tj ET Q q 0 0 0 rg BT 241.02 530.25 Td (intends, ) Tj ET Q q 0 0 0 rg BT 282.67 530.25 Td (anticipates, ) Tj ET Q q 0 0 0 rg BT 338.19 530.25 Td (or ) Tj ET Q q 0 0 0 rg BT 347.91 530.25 Td (believes ) Tj ET Q q 0 0 0 rg BT 390.94 530.25 Td (or ) Tj ET Q q 0 0 0 rg BT 400.66 530.25 Td (variations ) Tj ET Q q 0 0 0 rg BT 441.48 530.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 483.98 530.25 Td (negative ) Tj ET Q q 0 0 0 rg BT 519.24 530.25 Td (variations\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.19 518.25 Td (such ) Tj ET Q q 0 0 0 rg BT 82.38 518.25 Td (words ) Tj ET Q q 0 0 0 rg BT 109.68 518.25 Td (and ) Tj ET Q q 0 0 0 rg BT 126.98 518.25 Td (phrases, ) Tj ET Q q 0 0 0 rg BT 162.33 518.25 Td (or ) Tj ET Q q 0 0 0 rg BT 173.52 518.25 Td (state ) Tj ET Q q 0 0 0 rg BT 194.70 518.25 Td (that ) Tj ET Q q 0 0 0 rg BT 212.55 518.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 242.61 518.25 Td (actions, ) Tj ET Q q 0 0 0 rg BT 276.30 518.25 Td (events ) Tj ET Q q 0 0 0 rg BT 304.70 518.25 Td (or ) Tj ET Q q 0 0 0 rg BT 315.89 518.25 Td (results ) Tj ET Q q 0 0 0 rg BT 344.86 518.25 Td (may, ) Tj ET Q q 0 0 0 rg BT 376.31 518.25 Td (could, ) Tj ET Q q 0 0 0 rg BT 412.77 518.25 Td (would, ) Tj ET Q q 0 0 0 rg BT 452.00 518.25 Td (might ) Tj ET Q q 0 0 0 rg BT 487.07 518.25 Td (or ) Tj ET Q q 0 0 0 rg BT 498.26 518.25 Td (will ) Tj ET Q q 0 0 0 rg BT 525.55 518.25 Td (be ) Tj ET Q q 0 0 0 rg BT 537.85 518.25 Td (taken, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.25 Td (occur ) Tj ET Q q 0 0 0 rg BT 74.48 506.25 Td (or ) Tj ET Q q 0 0 0 rg BT 85.08 506.25 Td (be ) Tj ET Q q 0 0 0 rg BT 96.78 506.25 Td (achieved. ) Tj ET Q q 0 0 0 rg BT 137.09 506.25 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 207.12 506.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 251.61 506.25 Td (involve ) Tj ET Q q 0 0 0 rg BT 283.87 506.25 Td (known ) Tj ET Q q 0 0 0 rg BT 313.36 506.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.07 506.25 Td (unknown ) Tj ET Q q 0 0 0 rg BT 369.56 506.25 Td (risks, ) Tj ET Q q 0 0 0 rg BT 393.22 506.25 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 446.58 506.25 Td (and ) Tj ET Q q 0 0 0 rg BT 463.29 506.25 Td (other ) Tj ET Q q 0 0 0 rg BT 486.10 506.25 Td (factors, ) Tj ET Q q 0 0 0 rg BT 518.08 506.25 Td (which ) Tj ET Q q 0 0 0 rg BT 544.79 506.25 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 74.75 494.25 Td (the ) Tj ET Q q 0 0 0 rg BT 89.51 494.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 115.92 494.25 Td (results, ) Tj ET Q q 0 0 0 rg BT 147.07 494.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 200.13 494.25 Td (or ) Tj ET Q q 0 0 0 rg BT 211.01 494.25 Td (achievements ) Tj ET Q q 0 0 0 rg BT 267.97 494.25 Td (of ) Tj ET Q q 0 0 0 rg BT 278.28 494.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 301.93 494.25 Td (to ) Tj ET Q q 0 0 0 rg BT 312.25 494.25 Td (be ) Tj ET Q q 0 0 0 rg BT 324.23 494.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 367.31 494.25 Td (dif) Tj ET Q q 0 0 0 rg BT 378.23 494.25 Td (ferent ) Tj ET Q q 0 0 0 rg BT 404.09 494.25 Td (from ) Tj ET Q q 0 0 0 rg BT 426.07 494.25 Td (any ) Tj ET Q q 0 0 0 rg BT 443.05 494.25 Td (future ) Tj ET Q q 0 0 0 rg BT 469.47 494.25 Td (results, ) Tj ET Q q 0 0 0 rg BT 500.62 494.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 553.68 494.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (achievements ) Tj ET Q q 0 0 0 rg BT 107.83 482.25 Td (expressed ) Tj ET Q q 0 0 0 rg BT 150.66 482.25 Td (or ) Tj ET Q q 0 0 0 rg BT 162.40 482.25 Td (implied ) Tj ET Q q 0 0 0 rg BT 196.36 482.25 Td (by ) Tj ET Q q 0 0 0 rg BT 209.77 482.25 Td (the ) Tj ET Q q 0 0 0 rg BT 225.39 482.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 294.33 482.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 342.45 482.25 Td (Such ) Tj ET Q q 0 0 0 rg BT 365.86 482.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 396.47 482.25 Td (include, ) Tj ET Q q 0 0 0 rg BT 431.82 482.25 Td (among ) Tj ET Q q 0 0 0 rg BT 462.44 482.25 Td (others, ) Tj ET Q q 0 0 0 rg BT 492.79 482.25 Td (general ) Tj ET Q q 0 0 0 rg BT 525.62 482.25 Td (business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (economic, ) Tj ET Q q 0 0 0 rg BT 93.87 470.25 Td (competitive, ) Tj ET Q q 0 0 0 rg BT 146.08 470.25 Td (political, ) Tj ET Q q 0 0 0 rg BT 183.85 470.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 227.44 470.25 Td (and ) Tj ET Q q 0 0 0 rg BT 244.38 470.25 Td (social ) Tj ET Q q 0 0 0 rg BT 270.21 470.25 Td (uncertainties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.25 Td (Although ) Tj ET Q q 0 0 0 rg BT 90.01 453.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 113.98 453.25 Td (has ) Tj ET Q q 0 0 0 rg BT 130.18 453.25 Td (attempted ) Tj ET Q q 0 0 0 rg BT 172.47 453.25 Td (to ) Tj ET Q q 0 0 0 rg BT 183.12 453.25 Td (identify ) Tj ET Q q 0 0 0 rg BT 217.09 453.25 Td (important ) Tj ET Q q 0 0 0 rg BT 258.83 453.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 288.91 453.25 Td (that ) Tj ET Q q 0 0 0 rg BT 306.77 453.25 Td (could ) Tj ET Q q 0 0 0 rg BT 331.85 453.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 356.92 453.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 383.66 453.25 Td (actions, ) Tj ET Q q 0 0 0 rg BT 417.35 453.25 Td (events ) Tj ET Q q 0 0 0 rg BT 445.76 453.25 Td (or ) Tj ET Q q 0 0 0 rg BT 456.96 453.25 Td (results ) Tj ET Q q 0 0 0 rg BT 485.93 453.25 Td (to ) Tj ET Q q 0 0 0 rg BT 496.57 453.25 Td (dif) Tj ET Q q 0 0 0 rg BT 507.50 453.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 521.46 453.25 Td (materially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.25 Td (from ) Tj ET Q q 0 0 0 rg BT 71.73 441.25 Td (those ) Tj ET Q q 0 0 0 rg BT 95.12 441.25 Td (described ) Tj ET Q q 0 0 0 rg BT 135.73 441.25 Td (in ) Tj ET Q q 0 0 0 rg BT 145.79 441.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 213.62 441.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 260.62 441.25 Td (there ) Tj ET Q q 0 0 0 rg BT 282.89 441.25 Td (may ) Tj ET Q q 0 0 0 rg BT 302.39 441.25 Td (be ) Tj ET Q q 0 0 0 rg BT 314.12 441.25 Td (other ) Tj ET Q q 0 0 0 rg BT 336.95 441.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 366.45 441.25 Td (that ) Tj ET Q q 0 0 0 rg BT 383.73 441.25 Td (cause ) Tj ET Q q 0 0 0 rg BT 408.23 441.25 Td (actions, ) Tj ET Q q 0 0 0 rg BT 441.34 441.25 Td (events ) Tj ET Q q 0 0 0 rg BT 469.17 441.25 Td (or ) Tj ET Q q 0 0 0 rg BT 479.79 441.25 Td (results ) Tj ET Q q 0 0 0 rg BT 508.19 441.25 Td (to ) Tj ET Q q 0 0 0 rg BT 518.25 441.25 Td (dif) Tj ET Q q 0 0 0 rg BT 529.18 441.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 542.57 441.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.25 Td (those ) Tj ET Q q 0 0 0 rg BT 73.70 429.25 Td (anticipated, ) Tj ET Q q 0 0 0 rg BT 122.66 429.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 163.57 429.25 Td (or ) Tj ET Q q 0 0 0 rg BT 174.49 429.25 Td (intended. ) Tj ET Q q 0 0 0 rg BT 214.01 429.25 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 284.37 429.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 329.17 429.25 Td (contained ) Tj ET Q q 0 0 0 rg BT 370.63 429.25 Td (herein ) Tj ET Q q 0 0 0 rg BT 398.21 429.25 Td (are ) Tj ET Q q 0 0 0 rg BT 413.01 429.25 Td (made ) Tj ET Q q 0 0 0 rg BT 437.25 429.25 Td (as ) Tj ET Q q 0 0 0 rg BT 448.17 429.25 Td (of ) Tj ET Q q 0 0 0 rg BT 459.09 429.25 Td (the ) Tj ET Q q 0 0 0 rg BT 473.90 429.25 Td (date ) Tj ET Q q 0 0 0 rg BT 493.15 429.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.07 429.25 Td (this ) Tj ET Q q 0 0 0 rg BT 521.11 429.25 Td (report ) Tj ET Q q 0 0 0 rg BT 547.57 429.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.91 417.25 Td (disclaims ) Tj ET Q q 0 0 0 rg BT 114.49 417.25 Td (any ) Tj ET Q q 0 0 0 rg BT 131.74 417.25 Td (obligation ) Tj ET Q q 0 0 0 rg BT 175.09 417.25 Td (to ) Tj ET Q q 0 0 0 rg BT 185.68 417.25 Td (update ) Tj ET Q q 0 0 0 rg BT 215.14 417.25 Td (any ) Tj ET Q q 0 0 0 rg BT 232.38 417.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 300.72 417.25 Td (statements, ) Tj ET Q q 0 0 0 rg BT 348.24 417.25 Td (whether ) Tj ET Q q 0 0 0 rg BT 383.25 417.25 Td (as ) Tj ET Q q 0 0 0 rg BT 394.39 417.25 Td (a ) Tj ET Q q 0 0 0 rg BT 401.63 417.25 Td (result ) Tj ET Q q 0 0 0 rg BT 426.65 417.25 Td (of ) Tj ET Q q 0 0 0 rg BT 437.79 417.25 Td (new ) Tj ET Q q 0 0 0 rg BT 457.25 417.25 Td (information, ) Tj ET Q q 0 0 0 rg BT 509.77 417.25 Td (future ) Tj ET Q q 0 0 0 rg BT 536.45 417.25 Td (events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.49 405.25 Td (results, ) Tj ET Q q 0 0 0 rg BT 91.26 405.25 Td (or ) Tj ET Q q 0 0 0 rg BT 101.75 405.25 Td (otherwise. ) Tj ET Q q 0 0 0 rg BT 145.13 405.25 Td (There ) Tj ET Q q 0 0 0 rg BT 170.60 405.25 Td (can ) Tj ET Q q 0 0 0 rg BT 186.64 405.25 Td (be ) Tj ET Q q 0 0 0 rg BT 198.24 405.25 Td (no ) Tj ET Q q 0 0 0 rg BT 210.40 405.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 251.42 405.25 Td (that ) Tj ET Q q 0 0 0 rg BT 268.58 405.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 336.28 405.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 380.65 405.25 Td (will ) Tj ET Q q 0 0 0 rg BT 398.36 405.25 Td (prove ) Tj ET Q q 0 0 0 rg BT 423.29 405.25 Td (to ) Tj ET Q q 0 0 0 rg BT 433.23 405.25 Td (be ) Tj ET Q q 0 0 0 rg BT 444.83 405.25 Td (accurate, ) Tj ET Q q 0 0 0 rg BT 482.79 405.25 Td (as ) Tj ET Q q 0 0 0 rg BT 493.28 405.25 Td (actual ) Tj ET Q q 0 0 0 rg BT 519.31 405.25 Td (results ) Tj ET Q q 0 0 0 rg BT 547.58 405.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.25 Td (future ) Tj ET Q q 0 0 0 rg BT 75.38 393.25 Td (events ) Tj ET Q q 0 0 0 rg BT 102.43 393.25 Td (could ) Tj ET Q q 0 0 0 rg BT 126.15 393.25 Td (dif) Tj ET Q q 0 0 0 rg BT 137.08 393.25 Td (fer ) Tj ET Q q 0 0 0 rg BT 149.68 393.25 Td (materially ) Tj ET Q q 0 0 0 rg BT 191.72 393.25 Td (from ) Tj ET Q q 0 0 0 rg BT 212.67 393.25 Td (those ) Tj ET Q q 0 0 0 rg BT 235.28 393.25 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 280.65 393.25 Td (in ) Tj ET Q q 0 0 0 rg BT 289.93 393.25 Td (such ) Tj ET Q q 0 0 0 rg BT 309.77 393.25 Td (statements. ) Tj ET Q q 0 0 0 rg BT 355.65 393.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 404.99 393.25 Td (, ) Tj ET Q q 0 0 0 rg BT 408.99 393.25 Td (readers ) Tj ET Q q 0 0 0 rg BT 439.36 393.25 Td (should ) Tj ET Q q 0 0 0 rg BT 467.53 393.25 Td (not ) Tj ET Q q 0 0 0 rg BT 481.82 393.25 Td (place ) Tj ET Q q 0 0 0 rg BT 504.41 393.25 Td (undue ) Tj ET Q q 0 0 0 rg BT 530.36 393.25 Td (reliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.25 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 381.25 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 130.54 381.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 175.25 381.25 Td (due ) Tj ET Q q 0 0 0 rg BT 192.19 381.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.47 381.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.18 381.25 Td (inherent ) Tj ET Q q 0 0 0 rg BT 252.45 381.25 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 299.93 381.25 Td (in ) Tj ET Q q 0 0 0 rg BT 310.21 381.25 Td (them. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 359.25 Td (I. ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 58.8916015625 357.68505859375 m 115.12451171875 357.68505859375 l s q 0 0 0 rg BT 58.89 359.25 Td (OVER) Tj ET Q q 0 0 0 rg BT 87.43 359.25 Td (VIEW) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 342.25 Td (e ) Tj ET Q q 0 0 0 rg BT 66.96 342.25 Td (are ) Tj ET Q q 0 0 0 rg BT 83.05 342.25 Td (a ) Tj ET Q q 0 0 0 rg BT 91.37 342.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 130.24 342.25 Td (services ) Tj ET Q q 0 0 0 rg BT 166.33 342.25 Td (holding ) Tj ET Q q 0 0 0 rg BT 200.77 342.25 Td (company ) Tj ET Q q 0 0 0 rg BT 241.31 342.25 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 295.72 342.25 Td (under ) Tj ET Q q 0 0 0 rg BT 322.38 342.25 Td (the ) Tj ET Q q 0 0 0 rg BT 338.48 342.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 360.69 342.25 Td (of ) Tj ET Q q 0 0 0 rg BT 372.90 342.25 Td (the ) Tj ET Q q 0 0 0 rg BT 389.00 342.25 Td (Cayman ) Tj ET Q q 0 0 0 rg BT 426.21 342.25 Td (Islands. ) Tj ET Q q 0 0 0 rg BT 460.93 342.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 480.36 342.25 Td (core ) Tj ET Q q 0 0 0 rg BT 501.45 342.25 Td (business ) Tj ET Q q 0 0 0 rg BT 539.23 342.25 Td (is ) Tj ET Q q 0 0 0 rg BT 549.78 342.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 103.46 330.25 Td (of ) Tj ET Q q 0 0 0 rg BT 113.59 330.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 162.59 330.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 209.38 330.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 249.50 330.25 Td (policies, ) Tj ET Q q 0 0 0 rg BT 284.90 330.25 Td (focusing ) Tj ET Q q 0 0 0 rg BT 321.14 330.25 Td (on ) Tj ET Q q 0 0 0 rg BT 332.94 330.25 Td (the ) Tj ET Q q 0 0 0 rg BT 346.96 330.25 Td (light ) Tj ET Q q 0 0 0 rg BT 375.98 330.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 424.98 330.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 471.77 330.25 Td (sector) Tj ET Q q 0 0 0 rg BT 495.24 330.25 Td (, ) Tj ET Q q 0 0 0 rg BT 499.55 330.25 Td (which ) Tj ET Q q 0 0 0 rg BT 525.79 330.25 Td (is ) Tj ET Q q 0 0 0 rg BT 534.26 330.25 Td (carried ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (out ) Tj ET Q q 0 0 0 rg BT 66.74 318.25 Td (through ) Tj ET Q q 0 0 0 rg BT 101.81 318.25 Td (our ) Tj ET Q q 0 0 0 rg BT 119.10 318.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 166.36 318.25 Td (Subsidiaries: ) Tj ET Q q 0 0 0 rg BT 225.55 318.25 Td (American ) Tj ET Q q 0 0 0 rg BT 268.94 318.25 Td (Country ) Tj ET Q q 0 0 0 rg BT 305.67 318.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 348.50 318.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 391.35 318.25 Td (\(American ) Tj ET Q q 0 0 0 rg BT 442.50 318.25 Td (Country\), ) Tj ET Q q 0 0 0 rg BT 488.63 318.25 Td (American ) Tj ET Q q 0 0 0 rg BT 532.02 318.25 Td (Service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 90.13 306.25 Td (Company) Tj ET Q q 0 0 0 rg BT 128.37 306.25 Td (, ) Tj ET Q q 0 0 0 rg BT 132.14 306.25 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 148.67 306.25 Td (\(American ) Tj ET Q q 0 0 0 rg BT 197.13 306.25 Td (Service\), ) Tj ET Q q 0 0 0 rg BT 238.65 306.25 Td (Gateway ) Tj ET Q q 0 0 0 rg BT 275.46 306.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 315.59 306.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 355.75 306.25 Td (\(Gateway\) ) Tj ET Q q 0 0 0 rg BT 408.09 306.25 Td (and ) Tj ET Q q 0 0 0 rg BT 423.79 306.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 452.28 306.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 482.98 306.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 523.11 306.25 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.81 294.25 Td (New ) Tj ET Q q 0 0 0 rg BT 81.81 294.25 Td (Y) Tj ET Q q 0 0 0 rg BT 88.03 294.25 Td (ork ) Tj ET Q q 0 0 0 rg BT 103.84 294.25 Td (\(Global ) Tj ET Q q 0 0 0 rg BT 141.31 294.25 Td (Liberty\). ) Tj ET Q q 0 0 0 rg BT 183.32 294.25 Td (This ) Tj ET Q q 0 0 0 rg BT 203.58 294.25 Td (sector ) Tj ET Q q 0 0 0 rg BT 229.94 294.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 265.75 294.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 283.22 294.25 Td (cabs, ) Tj ET Q q 0 0 0 rg BT 305.98 294.25 Td (non-emer) Tj ET Q q 0 0 0 rg BT 344.11 294.25 Td (gency ) Tj ET Q q 0 0 0 rg BT 370.47 294.25 Td (para-transit, ) Tj ET Q q 0 0 0 rg BT 420.99 294.25 Td (limousine, ) Tj ET Q q 0 0 0 rg BT 465.41 294.25 Td (livery ) Tj ET Q q 0 0 0 rg BT 491.22 294.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 534.81 294.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (transportation ) Tj ET Q q 0 0 0 rg BT 107.88 282.25 Td (network ) Tj ET Q q 0 0 0 rg BT 142.99 282.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 188.10 282.25 Td (\(TNC\) ) Tj ET Q q 0 0 0 rg BT 225.97 282.25 Td (drivers/operators\) ) Tj ET Q q 0 0 0 rg BT 299.40 282.25 Td (and ) Tj ET Q q 0 0 0 rg BT 316.18 282.25 Td (business ) Tj ET Q q 0 0 0 rg BT 352.41 282.25 Td (auto. ) Tj ET Q q 0 0 0 rg BT 374.46 282.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 392.36 282.25 Td (goal ) Tj ET Q q 0 0 0 rg BT 411.91 282.25 Td (is ) Tj ET Q q 0 0 0 rg BT 420.92 282.25 Td (to ) Tj ET Q q 0 0 0 rg BT 431.04 282.25 Td (always ) Tj ET Q q 0 0 0 rg BT 461.15 282.25 Td (be ) Tj ET Q q 0 0 0 rg BT 472.93 282.25 Td (the ) Tj ET Q q 0 0 0 rg BT 487.49 282.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 526.46 282.25 Td (specialty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 91.22 270.25 Td (business ) Tj ET Q q 0 0 0 rg BT 128.03 270.25 Td (in ) Tj ET Q q 0 0 0 rg BT 138.71 270.25 Td (any ) Tj ET Q q 0 0 0 rg BT 156.06 270.25 Td (geographic ) Tj ET Q q 0 0 0 rg BT 203.39 270.25 Td (areas ) Tj ET Q q 0 0 0 rg BT 226.84 270.25 Td (where ) Tj ET Q q 0 0 0 rg BT 254.18 270.25 Td (our ) Tj ET Q q 0 0 0 rg BT 270.42 270.25 Td (value ) Tj ET Q q 0 0 0 rg BT 294.98 270.25 Td (proposition ) Tj ET Q q 0 0 0 rg BT 343.45 270.25 Td (delivers ) Tj ET Q q 0 0 0 rg BT 378.01 270.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 408.68 270.25 Td (to ) Tj ET Q q 0 0 0 rg BT 419.37 270.25 Td (all ) Tj ET Q q 0 0 0 rg BT 432.28 270.25 Td (stakeholders. ) Tj ET Q q 0 0 0 rg BT 487.46 270.25 Td (W) Tj ET Q q 0 0 0 rg BT 496.10 270.25 Td (e ) Tj ET Q q 0 0 0 rg BT 503.45 270.25 Td (are ) Tj ET Q q 0 0 0 rg BT 518.56 270.25 Td (licensed ) Tj ET Q q 0 0 0 rg BT 554.23 270.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (write ) Tj ET Q q 0 0 0 rg BT 73.93 258.25 Td (property ) Tj ET Q q 0 0 0 rg BT 111.20 258.25 Td (and ) Tj ET Q q 0 0 0 rg BT 129.02 258.25 Td (casualty ) Tj ET Q q 0 0 0 rg BT 165.17 258.25 Td (\(P&C\) ) Tj ET Q q 0 0 0 rg BT 204.10 258.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 245.81 258.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.97 258.25 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.97 258.25 Td ( ) Tj ET Q q 0 0 0 rg BT 270.36 258.25 Td (states ) Tj ET Q q 0 0 0 rg BT 295.96 258.25 Td (and ) Tj ET Q q 0 0 0 rg BT 313.78 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 329.39 258.25 Td (District ) Tj ET Q q 0 0 0 rg BT 362.77 258.25 Td (of ) Tj ET Q q 0 0 0 rg BT 374.48 258.25 Td (Columbia ) Tj ET Q q 0 0 0 rg BT 417.31 258.25 Td (in ) Tj ET Q q 0 0 0 rg BT 428.48 258.25 Td (the ) Tj ET Q q 0 0 0 rg BT 444.08 258.25 Td (United ) Tj ET Q q 0 0 0 rg BT 474.69 258.25 Td (States. ) Tj ET Q q 0 0 0 rg BT 504.21 258.25 Td (The ) Tj ET Q q 0 0 0 rg BT 523.15 258.25 Td (Insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 101.06 246.25 Td (distribute ) Tj ET Q q 0 0 0 rg BT 141.00 246.25 Td (their ) Tj ET Q q 0 0 0 rg BT 161.50 246.25 Td (products ) Tj ET Q q 0 0 0 rg BT 198.11 246.25 Td (through ) Tj ET Q q 0 0 0 rg BT 231.39 246.25 Td (a ) Tj ET Q q 0 0 0 rg BT 238.00 246.25 Td (network ) Tj ET Q q 0 0 0 rg BT 272.94 246.25 Td (of ) Tj ET Q q 0 0 0 rg BT 283.44 246.25 Td (independent ) Tj ET Q q 0 0 0 rg BT 334.49 246.25 Td (retail ) Tj ET Q q 0 0 0 rg BT 357.20 246.25 Td (agents, ) Tj ET Q q 0 0 0 rg BT 387.42 246.25 Td (and ) Tj ET Q q 0 0 0 rg BT 404.03 246.25 Td (actively ) Tj ET Q q 0 0 0 rg BT 437.85 246.25 Td (write ) Tj ET Q q 0 0 0 rg BT 460.57 246.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 501.06 246.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.01 246.25 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.01 246.25 Td ( ) Tj ET Q q 0 0 0 rg BT 523.18 246.25 Td (states ) Tj ET Q q 0 0 0 rg BT 547.57 246.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.93 234.25 Td (District ) Tj ET Q q 0 0 0 rg BT 97.63 234.25 Td (of ) Tj ET Q q 0 0 0 rg BT 108.67 234.25 Td (Columbia. ) Tj ET Q q 0 0 0 rg BT 153.32 234.25 Td ( ) Tj ET Q q 0 0 0 rg BT 155.83 234.25 Td (W) Tj ET Q q 0 0 0 rg BT 164.47 234.25 Td (e ) Tj ET Q q 0 0 0 rg BT 171.62 234.25 Td (embrace ) Tj ET Q q 0 0 0 rg BT 208.19 234.25 Td (continuous ) Tj ET Q q 0 0 0 rg BT 254.79 234.25 Td (improvement, ) Tj ET Q q 0 0 0 rg BT 313.32 234.25 Td (analytics ) Tj ET Q q 0 0 0 rg BT 351.57 234.25 Td (and ) Tj ET Q q 0 0 0 rg BT 368.71 234.25 Td (technology ) Tj ET Q q 0 0 0 rg BT 415.86 234.25 Td (as ) Tj ET Q q 0 0 0 rg BT 426.90 234.25 Td (a ) Tj ET Q q 0 0 0 rg BT 434.04 234.25 Td (means ) Tj ET Q q 0 0 0 rg BT 462.30 234.25 Td (of ) Tj ET Q q 0 0 0 rg BT 473.34 234.25 Td (building ) Tj ET Q q 0 0 0 rg BT 509.38 234.25 Td (on ) Tj ET Q q 0 0 0 rg BT 522.09 234.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.02 234.25 Td (strong ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (heritage ) Tj ET Q q 0 0 0 rg BT 84.70 222.25 Td (our ) Tj ET Q q 0 0 0 rg BT 100.53 222.25 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 144.14 222.25 Td (companies ) Tj ET Q q 0 0 0 rg BT 189.40 222.25 Td (cultivated ) Tj ET Q q 0 0 0 rg BT 231.33 222.25 Td (in ) Tj ET Q q 0 0 0 rg BT 241.61 222.25 Td (the ) Tj ET Q q 0 0 0 rg BT 256.33 222.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 280.48 222.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 314.64 222.25 Td (we ) Tj ET Q q 0 0 0 rg BT 328.80 222.25 Td (serve.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (Since ) Tj ET Q q 0 0 0 rg BT 74.32 205.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 98.02 205.25 Td ( ) Tj ET Q q 0 0 0 rg BT 100.72 205.25 Td (formation ) Tj ET Q q 0 0 0 rg BT 142.85 205.25 Td (in ) Tj ET Q q 0 0 0 rg BT 153.33 205.25 Td (2010, ) Tj ET Q q 0 0 0 rg BT 178.53 205.25 Td (we ) Tj ET Q q 0 0 0 rg BT 192.89 205.25 Td (have ) Tj ET Q q 0 0 0 rg BT 214.47 205.25 Td (disposed ) Tj ET Q q 0 0 0 rg BT 252.17 205.25 Td (of ) Tj ET Q q 0 0 0 rg BT 263.20 205.25 Td (non-core ) Tj ET Q q 0 0 0 rg BT 301.44 205.25 Td (assets, ) Tj ET Q q 0 0 0 rg BT 329.97 205.25 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 383.21 205.25 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 439.77 205.25 Td (and ) Tj ET Q q 0 0 0 rg BT 456.91 205.25 Td (placed ) Tj ET Q q 0 0 0 rg BT 485.70 205.25 Td (into ) Tj ET Q q 0 0 0 rg BT 503.96 205.25 Td (run-of) Tj ET Q q 0 0 0 rg BT 528.77 205.25 Td (f ) Tj ET Q q 0 0 0 rg BT 534.80 205.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (non-core ) Tj ET Q q 0 0 0 rg BT 89.17 193.25 Td (lines ) Tj ET Q q 0 0 0 rg BT 111.70 193.25 Td (of ) Tj ET Q q 0 0 0 rg BT 123.67 193.25 Td (business ) Tj ET Q q 0 0 0 rg BT 161.20 193.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 207.05 193.25 Td (written ) Tj ET Q q 0 0 0 rg BT 239.01 193.25 Td (by ) Tj ET Q q 0 0 0 rg BT 252.65 193.25 Td (the ) Tj ET Q q 0 0 0 rg BT 268.51 193.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 311.01 193.25 Td (Subsidiaries. ) Tj ET Q q 0 0 0 rg BT 366.04 193.25 Td (Our ) Tj ET Q q 0 0 0 rg BT 385.22 193.25 Td (focus ) Tj ET Q q 0 0 0 rg BT 410.52 193.25 Td (going ) Tj ET Q q 0 0 0 rg BT 436.94 193.25 Td (forward ) Tj ET Q q 0 0 0 rg BT 472.23 193.25 Td (is ) Tj ET Q q 0 0 0 rg BT 482.53 193.25 Td (the ) Tj ET Q q 0 0 0 rg BT 498.39 193.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 553.68 193.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 99.28 181.25 Td (automobile ) Tj ET Q q 0 0 0 rg BT 146.36 181.25 Td (insurance ) Tj ET Q q 0 0 0 rg BT 186.77 181.25 Td (in ) Tj ET Q q 0 0 0 rg BT 196.63 181.25 Td (the ) Tj ET Q q 0 0 0 rg BT 210.94 181.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 230.81 181.25 Td (Substantially ) Tj ET Q q 0 0 0 rg BT 285.11 181.25 Td (all ) Tj ET Q q 0 0 0 rg BT 297.20 181.25 Td (of ) Tj ET Q q 0 0 0 rg BT 307.61 181.25 Td (our ) Tj ET Q q 0 0 0 rg BT 323.03 181.25 Td (new ) Tj ET Q q 0 0 0 rg BT 341.78 181.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 383.86 181.25 Td (written ) Tj ET Q q 0 0 0 rg BT 414.27 181.25 Td (are ) Tj ET Q q 0 0 0 rg BT 428.57 181.25 Td (in ) Tj ET Q q 0 0 0 rg BT 438.44 181.25 Td (light ) Tj ET Q q 0 0 0 rg BT 467.73 181.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 517.02 181.25 Td (automobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td (lines ) Tj ET Q q 0 0 0 rg BT 71.39 169.25 Td (of ) Tj ET Q q 0 0 0 rg BT 82.22 169.25 Td (business.) Tj ET Q endstream endobj 63 0 obj <>] /Rotate 0 /Contents 64 0 R>> endobj 64 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 68.56 742.10 Td (primary ) Tj ET Q q 0 0 0 rg BT 103.23 742.10 Td (tar) Tj ET Q q 0 0 0 rg BT 113.60 742.10 Td (get ) Tj ET Q q 0 0 0 rg BT 128.83 742.10 Td (market ) Tj ET Q q 0 0 0 rg BT 159.60 742.10 Td (is ) Tj ET Q q 0 0 0 rg BT 169.28 742.10 Td (made ) Tj ET Q q 0 0 0 rg BT 193.95 742.10 Td (up ) Tj ET Q q 0 0 0 rg BT 206.96 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.30 742.10 Td (small ) Tj ET Q q 0 0 0 rg BT 242.98 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.77 742.10 Td (mid-size ) Tj ET Q q 0 0 0 rg BT 291.21 742.10 Td (taxi, ) Tj ET Q q 0 0 0 rg BT 311.72 742.10 Td (limousine, ) Tj ET Q q 0 0 0 rg BT 356.68 742.10 Td (other ) Tj ET Q q 0 0 0 rg BT 380.24 742.10 Td (livery ) Tj ET Q q 0 0 0 rg BT 406.57 742.10 Td (\(including ) Tj ET Q q 0 0 0 rg BT 450.47 742.10 Td (TNC ) Tj ET Q q 0 0 0 rg BT 473.48 742.10 Td (drivers/operators\) ) Tj ET Q q 0 0 0 rg BT 547.58 742.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (non-emer) Tj ET Q q 0 0 0 rg BT 88.13 730.10 Td (gency ) Tj ET Q q 0 0 0 rg BT 113.48 730.10 Td (para-transit ) Tj ET Q q 0 0 0 rg BT 160.47 730.10 Td (operators.) Tj ET Q q 0 0 0 rg BT 202.50 730.10 Td (The ) Tj ET Q q 0 0 0 rg BT 219.51 730.10 Td (light ) Tj ET Q q 0 0 0 rg BT 248.18 730.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 296.85 730.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 343.30 730.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 375.87 730.10 Td (we ) Tj ET Q q 0 0 0 rg BT 388.99 730.10 Td (underwrite ) Tj ET Q q 0 0 0 rg BT 433.77 730.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 465.78 730.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 503.33 730.10 Td (for ) Tj ET Q q 0 0 0 rg BT 516.45 730.10 Td (lightweight ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 100.21 718.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 135.98 718.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 173.98 718.10 Td (with ) Tj ET Q q 0 0 0 rg BT 194.77 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 209.99 718.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 251.89 718.10 Td (limits ) Tj ET Q q 0 0 0 rg BT 277.69 718.10 Td (prescribed ) Tj ET Q q 0 0 0 rg BT 322.34 718.10 Td (by ) Tj ET Q q 0 0 0 rg BT 335.35 718.10 Td (statute, ) Tj ET Q q 0 0 0 rg BT 366.96 718.10 Td (municipal ) Tj ET Q q 0 0 0 rg BT 409.96 718.10 Td (or ) Tj ET Q q 0 0 0 rg BT 421.30 718.10 Td (other ) Tj ET Q q 0 0 0 rg BT 444.86 718.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 488.96 718.10 Td (requirements. ) Tj ET Q q 0 0 0 rg BT 546.45 718.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (majority ) Tj ET Q q 0 0 0 rg BT 85.63 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 95.70 706.10 Td (our ) Tj ET Q q 0 0 0 rg BT 110.78 706.10 Td (policyholders ) Tj ET Q q 0 0 0 rg BT 166.95 706.10 Td (are ) Tj ET Q q 0 0 0 rg BT 180.91 706.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 223.20 706.10 Td (owners ) Tj ET Q q 0 0 0 rg BT 253.83 706.10 Td (or ) Tj ET Q q 0 0 0 rg BT 263.90 706.10 Td (small ) Tj ET Q q 0 0 0 rg BT 287.31 706.10 Td (fleet ) Tj ET Q q 0 0 0 rg BT 306.82 706.10 Td (operators. ) Tj ET Q q 0 0 0 rg BT 348.27 706.10 Td (In ) Tj ET Q q 0 0 0 rg BT 358.35 706.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 387.29 706.10 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 438.48 706.10 Td (like ) Tj ET Q q 0 0 0 rg BT 455.22 706.10 Td (Illinois, ) Tj ET Q q 0 0 0 rg BT 487.80 706.10 Td (Louisiana, ) Tj ET Q q 0 0 0 rg BT 531.48 706.10 Td (Nevada ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.90 694.10 Td (New ) Tj ET Q q 0 0 0 rg BT 87.88 694.10 Td (Y) Tj ET Q q 0 0 0 rg BT 94.10 694.10 Td (ork, ) Tj ET Q q 0 0 0 rg BT 112.40 694.10 Td (we ) Tj ET Q q 0 0 0 rg BT 126.52 694.10 Td (have ) Tj ET Q q 0 0 0 rg BT 147.87 694.10 Td (also ) Tj ET Q q 0 0 0 rg BT 166.44 694.10 Td (been ) Tj ET Q q 0 0 0 rg BT 187.78 694.10 Td (successful ) Tj ET Q q 0 0 0 rg BT 231.34 694.10 Td (working ) Tj ET Q q 0 0 0 rg BT 267.14 694.10 Td (with ) Tj ET Q q 0 0 0 rg BT 287.38 694.10 Td (lar) Tj ET Q q 0 0 0 rg BT 297.75 694.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 312.98 694.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 352.65 694.10 Td (who ) Tj ET Q q 0 0 0 rg BT 372.34 694.10 Td (retain ) Tj ET Q q 0 0 0 rg BT 397.57 694.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.47 694.10 Td (meaningful ) Tj ET Q q 0 0 0 rg BT 452.48 694.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 484.94 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 495.73 694.10 Td (their ) Tj ET Q q 0 0 0 rg BT 516.52 694.10 Td (own ) Tj ET Q q 0 0 0 rg BT 536.21 694.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 553.68 694.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 68.52 682.10 Td (through ) Tj ET Q q 0 0 0 rg BT 102.59 682.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 131.10 682.10 Td (retentions, ) Tj ET Q q 0 0 0 rg BT 175.99 682.10 Td (self-insurance ) Tj ET Q q 0 0 0 rg BT 235.04 682.10 Td (or ) Tj ET Q q 0 0 0 rg BT 246.33 682.10 Td (self-funded ) Tj ET Q q 0 0 0 rg BT 294.82 682.10 Td (captive ) Tj ET Q q 0 0 0 rg BT 326.66 682.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 367.93 682.10 Td (entity ) Tj ET Q q 0 0 0 rg BT 393.67 682.10 Td (arrangements. ) Tj ET Q q 0 0 0 rg BT 455.49 682.10 Td (In ) Tj ET Q q 0 0 0 rg BT 466.78 682.10 Td (these ) Tj ET Q q 0 0 0 rg BT 490.29 682.10 Td (cases, ) Tj ET Q q 0 0 0 rg BT 516.85 682.10 Td (we ) Tj ET Q q 0 0 0 rg BT 531.47 682.10 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (support ) Tj ET Q q 0 0 0 rg BT 82.40 670.10 Td (in ) Tj ET Q q 0 0 0 rg BT 92.58 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 107.20 670.10 Td (areas ) Tj ET Q q 0 0 0 rg BT 130.14 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.87 670.10 Td (day-to-day ) Tj ET Q q 0 0 0 rg BT 186.59 670.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 213.99 670.10 Td (administration ) Tj ET Q q 0 0 0 rg BT 274.16 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.00 670.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 319.51 670.10 Td (handling ) Tj ET Q q 0 0 0 rg BT 356.90 670.10 Td (consistent ) Tj ET Q q 0 0 0 rg BT 399.30 670.10 Td (with ) Tj ET Q q 0 0 0 rg BT 419.48 670.10 Td (the ) Tj ET Q q 0 0 0 rg BT 434.10 670.10 Td (value ) Tj ET Q q 0 0 0 rg BT 458.16 670.10 Td (proposition ) Tj ET Q q 0 0 0 rg BT 506.12 670.10 Td (we ) Tj ET Q q 0 0 0 rg BT 520.18 670.10 Td (of) Tj ET Q q 0 0 0 rg BT 528.33 670.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 541.83 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 552.01 670.10 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.14 658.10 Td (our ) Tj ET Q q 0 0 0 rg BT 77.28 658.10 Td (insureds, ) Tj ET Q q 0 0 0 rg BT 115.92 658.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 155.93 658.10 Td (on ) Tj ET Q q 0 0 0 rg BT 168.74 658.10 Td (a ) Tj ET Q q 0 0 0 rg BT 175.99 658.10 Td (fee ) Tj ET Q q 0 0 0 rg BT 191.01 658.10 Td (for ) Tj ET Q q 0 0 0 rg BT 205.48 658.10 Td (service ) Tj ET Q q 0 0 0 rg BT 236.60 658.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 264.21 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 272.85 658.10 Td (e ) Tj ET Q q 0 0 0 rg BT 280.10 658.10 Td (may ) Tj ET Q q 0 0 0 rg BT 300.12 658.10 Td (also ) Tj ET Q q 0 0 0 rg BT 319.04 658.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 352.40 658.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 381.31 658.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 420.20 658.10 Td (above ) Tj ET Q q 0 0 0 rg BT 446.89 658.10 Td (the ) Tj ET Q q 0 0 0 rg BT 461.92 658.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 488.05 658.10 Td (of ) Tj ET Q q 0 0 0 rg BT 499.19 658.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 517.00 658.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 552.01 658.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.53 646.10 Td (insureds ) Tj ET Q q 0 0 0 rg BT 100.17 646.10 Td (where ) Tj ET Q q 0 0 0 rg BT 126.90 646.10 Td (a ) Tj ET Q q 0 0 0 rg BT 133.65 646.10 Td (better ) Tj ET Q q 0 0 0 rg BT 158.73 646.10 Td (than ) Tj ET Q q 0 0 0 rg BT 178.25 646.10 Td (average ) Tj ET Q q 0 0 0 rg BT 211.65 646.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 229.52 646.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 250.15 646.10 Td (is ) Tj ET Q q 0 0 0 rg BT 259.13 646.10 Td (expected. ) Tj ET Q q 0 0 0 rg BT 301.81 646.10 Td (Through ) Tj ET Q q 0 0 0 rg BT 338.55 646.10 Td (these ) Tj ET Q q 0 0 0 rg BT 361.41 646.10 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 420.08 646.10 Td (we ) Tj ET Q q 0 0 0 rg BT 434.05 646.10 Td (are ) Tj ET Q q 0 0 0 rg BT 448.57 646.10 Td (able ) Tj ET Q q 0 0 0 rg BT 467.53 646.10 Td (to ) Tj ET Q q 0 0 0 rg BT 477.62 646.10 Td (ef) Tj ET Q q 0 0 0 rg BT 485.21 646.10 Td (fectively ) Tj ET Q q 0 0 0 rg BT 522.50 646.10 Td (utilize ) Tj ET Q q 0 0 0 rg BT 549.80 646.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 95.06 634.10 Td (specialized ) Tj ET Q q 0 0 0 rg BT 142.33 634.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 182.94 634.10 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 239.65 634.10 Td (we ) Tj ET Q q 0 0 0 rg BT 254.16 634.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 292.00 634.10 Td (to ) Tj ET Q q 0 0 0 rg BT 302.63 634.10 Td (generate ) Tj ET Q q 0 0 0 rg BT 339.34 634.10 Td (revenue ) Tj ET Q q 0 0 0 rg BT 373.84 634.10 Td (from ) Tj ET Q q 0 0 0 rg BT 396.12 634.10 Td (business ) Tj ET Q q 0 0 0 rg BT 432.86 634.10 Td (segments ) Tj ET Q q 0 0 0 rg BT 472.93 634.10 Td (that ) Tj ET Q q 0 0 0 rg BT 490.77 634.10 Td (may ) Tj ET Q q 0 0 0 rg BT 510.84 634.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 552.57 634.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (more ) Tj ET Q q 0 0 0 rg BT 73.05 622.10 Td (price ) Tj ET Q q 0 0 0 rg BT 95.53 622.10 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 133.03 622.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.31 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 158.02 622.10 Td (current ) Tj ET Q q 0 0 0 rg BT 188.84 622.10 Td (market ) Tj ET Q q 0 0 0 rg BT 219.10 622.10 Td (environment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.20 605.10 Td (light ) Tj ET Q q 0 0 0 rg BT 98.06 605.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 147.91 605.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 195.56 605.10 Td (sector ) Tj ET Q q 0 0 0 rg BT 222.09 605.10 Td (is ) Tj ET Q q 0 0 0 rg BT 231.41 605.10 Td (a ) Tj ET Q q 0 0 0 rg BT 238.50 605.10 Td (subset ) Tj ET Q q 0 0 0 rg BT 266.15 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.14 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 292.01 605.10 Td (broader ) Tj ET Q q 0 0 0 rg BT 325.20 605.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 375.05 605.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 422.69 605.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 463.66 605.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 499.09 605.10 Td (segment, ) Tj ET Q q 0 0 0 rg BT 537.57 605.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.10 Td (over ) Tj ET Q q 0 0 0 rg BT 70.21 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 84.86 593.10 Td (long ) Tj ET Q q 0 0 0 rg BT 105.08 593.10 Td (term ) Tj ET Q q 0 0 0 rg BT 125.84 593.10 Td (has ) Tj ET Q q 0 0 0 rg BT 141.61 593.10 Td (been ) Tj ET Q q 0 0 0 rg BT 162.93 593.10 Td (historically ) Tj ET Q q 0 0 0 rg BT 210.36 593.10 Td (profitable. ) Tj ET Q q 0 0 0 rg BT 254.17 593.10 Td ( ) Tj ET Q q 0 0 0 rg BT 256.61 593.10 Td (In ) Tj ET Q q 0 0 0 rg BT 267.38 593.10 Td (more ) Tj ET Q q 0 0 0 rg BT 290.36 593.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 317.23 593.10 Td (years ) Tj ET Q q 0 0 0 rg BT 340.76 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 355.42 593.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 405.06 593.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 452.49 593.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 493.24 593.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 528.46 593.10 Td (has ) Tj ET Q q 0 0 0 rg BT 544.23 593.10 Td (seen ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 101.05 581.10 Td (pressure ) Tj ET Q q 0 0 0 rg BT 137.66 581.10 Td (within ) Tj ET Q q 0 0 0 rg BT 166.50 581.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 196.98 581.10 Td (segments, ) Tj ET Q q 0 0 0 rg BT 239.98 581.10 Td (however) Tj ET Q q 0 0 0 rg BT 274.01 581.10 Td (, ) Tj ET Q q 0 0 0 rg BT 279.79 581.10 Td (it ) Tj ET Q q 0 0 0 rg BT 288.64 581.10 Td (has ) Tj ET Q q 0 0 0 rg BT 305.25 581.10 Td (outperformed ) Tj ET Q q 0 0 0 rg BT 362.96 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 378.46 581.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 409.50 581.10 Td (P&C ) Tj ET Q q 0 0 0 rg BT 432.80 581.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 468.86 581.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 509.35 581.10 Td (over ) Tj ET Q q 0 0 0 rg BT 530.40 581.10 Td (the ) Tj ET Q q 0 0 0 rg BT 545.90 581.10 Td (past ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.10 Td (fifteen ) Tj ET Q q 0 0 0 rg BT 78.71 569.10 Td (years ) Tj ET Q q 0 0 0 rg BT 102.43 569.10 Td (based ) Tj ET Q q 0 0 0 rg BT 127.81 569.10 Td (on ) Tj ET Q q 0 0 0 rg BT 140.43 569.10 Td (data ) Tj ET Q q 0 0 0 rg BT 159.70 569.10 Td (compiled ) Tj ET Q q 0 0 0 rg BT 199.53 569.10 Td (by ) Tj ET Q q 0 0 0 rg BT 211.57 569.10 Td (A.M. ) Tj ET Q q 0 0 0 rg BT 235.30 569.10 Td (Best ) Tj ET Q q 0 0 0 rg BT 255.12 569.10 Td (Aggregates ) Tj ET Q q 0 0 0 rg BT 303.27 569.10 Td (& ) Tj ET Q q 0 0 0 rg BT 313.09 569.10 Td (A) Tj ET Q q 0 0 0 rg BT 319.57 569.10 Td (verages. ) Tj ET Q q 0 0 0 rg BT 355.23 569.10 Td (Data ) Tj ET Q q 0 0 0 rg BT 376.72 569.10 Td (compiled ) Tj ET Q q 0 0 0 rg BT 416.55 569.10 Td (by ) Tj ET Q q 0 0 0 rg BT 429.17 569.10 Td (SNL) Tj ET Q q 0 0 0 rg BT 447.69 569.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.30 569.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 490.13 569.10 Td (also ) Tj ET Q q 0 0 0 rg BT 508.86 569.10 Td (indicates ) Tj ET Q q 0 0 0 rg BT 547.02 569.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 557.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.11 557.10 Td (2017 ) Tj ET Q q 0 0 0 rg BT 84.57 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 98.24 557.10 Td (total ) Tj ET Q q 0 0 0 rg BT 117.47 557.10 Td (market ) Tj ET Q q 0 0 0 rg BT 146.68 557.10 Td (for ) Tj ET Q q 0 0 0 rg BT 159.80 557.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 208.45 557.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 254.89 557.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 287.46 557.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 327.23 557.10 Td (was ) Tj ET Q q 0 0 0 rg BT 344.23 557.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 403.45 557.10 Td ($35.7 ) Tj ET Q q 0 0 0 rg BT 427.40 557.10 Td (billion. ) Tj ET Q q 0 0 0 rg BT 457.36 557.10 Td (The ) Tj ET Q q 0 0 0 rg BT 474.36 557.10 Td (size ) Tj ET Q q 0 0 0 rg BT 491.36 557.10 Td (of ) Tj ET Q q 0 0 0 rg BT 501.15 557.10 Td (the ) Tj ET Q q 0 0 0 rg BT 514.82 557.10 Td (commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 545.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 97.72 545.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 138.77 545.10 Td (market ) Tj ET Q q 0 0 0 rg BT 169.27 545.10 Td (can ) Tj ET Q q 0 0 0 rg BT 185.88 545.10 Td (be ) Tj ET Q q 0 0 0 rg BT 198.06 545.10 Td (af) Tj ET Q q 0 0 0 rg BT 205.64 545.10 Td (fected ) Tj ET Q q 0 0 0 rg BT 232.80 545.10 Td (significantly ) Tj ET Q q 0 0 0 rg BT 285.53 545.10 Td (by ) Tj ET Q q 0 0 0 rg BT 298.26 545.10 Td (many ) Tj ET Q q 0 0 0 rg BT 323.21 545.10 Td (factors, ) Tj ET Q q 0 0 0 rg BT 355.65 545.10 Td (such ) Tj ET Q q 0 0 0 rg BT 376.72 545.10 Td (as ) Tj ET Q q 0 0 0 rg BT 387.78 545.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.73 545.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 457.12 545.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 493.17 545.10 Td (and ) Tj ET Q q 0 0 0 rg BT 510.34 545.10 Td (underwriting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.10 Td (criteria ) Tj ET Q q 0 0 0 rg BT 81.65 533.10 Td (of ) Tj ET Q q 0 0 0 rg BT 93.32 533.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 141.65 533.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 183.30 533.10 Td (carriers ) Tj ET Q q 0 0 0 rg BT 216.62 533.10 Td (and ) Tj ET Q q 0 0 0 rg BT 234.39 533.10 Td (general ) Tj ET Q q 0 0 0 rg BT 267.16 533.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 309.37 533.10 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 356.87 533.10 Td (Historically) Tj ET Q q 0 0 0 rg BT 403.43 533.10 Td (, ) Tj ET Q q 0 0 0 rg BT 409.27 533.10 Td (the ) Tj ET Q q 0 0 0 rg BT 424.83 533.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 475.36 533.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 523.69 533.10 Td (insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.10 Td (market ) Tj ET Q q 0 0 0 rg BT 80.58 521.10 Td (has ) Tj ET Q q 0 0 0 rg BT 96.72 521.10 Td (been ) Tj ET Q q 0 0 0 rg BT 118.41 521.10 Td (characterized ) Tj ET Q q 0 0 0 rg BT 174.50 521.10 Td (by ) Tj ET Q q 0 0 0 rg BT 187.31 521.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 219.56 521.10 Td (of ) Tj ET Q q 0 0 0 rg BT 230.71 521.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 259.62 521.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 314.08 521.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 350.21 521.10 Td (and ) Tj ET Q q 0 0 0 rg BT 367.46 521.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 408.02 521.10 Td (price ) Tj ET Q q 0 0 0 rg BT 430.82 521.10 Td (competition ) Tj ET Q q 0 0 0 rg BT 481.40 521.10 Td (followed ) Tj ET Q q 0 0 0 rg BT 519.76 521.10 Td (by ) Tj ET Q q 0 0 0 rg BT 532.57 521.10 Td (periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 509.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 94.98 509.10 Td (capacity ) Tj ET Q q 0 0 0 rg BT 130.79 509.10 Td (and ) Tj ET Q q 0 0 0 rg BT 147.72 509.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 175.77 509.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 214.38 509.10 Td (rates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 492.10 Td (e ) Tj ET Q q 0 0 0 rg BT 65.59 492.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 96.98 492.10 Td (that ) Tj ET Q q 0 0 0 rg BT 114.48 492.10 Td (there ) Tj ET Q q 0 0 0 rg BT 136.98 492.10 Td (is ) Tj ET Q q 0 0 0 rg BT 146.17 492.10 Td (a ) Tj ET Q q 0 0 0 rg BT 153.12 492.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 187.30 492.10 Td (correlation ) Tj ET Q q 0 0 0 rg BT 233.12 492.10 Td (between ) Tj ET Q q 0 0 0 rg BT 268.95 492.10 Td (the ) Tj ET Q q 0 0 0 rg BT 283.68 492.10 Td (economy ) Tj ET Q q 0 0 0 rg BT 322.85 492.10 Td (and ) Tj ET Q q 0 0 0 rg BT 339.80 492.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 389.51 492.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 437.02 492.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 477.85 492.10 Td (in ) Tj ET Q q 0 0 0 rg BT 488.14 492.10 Td (general. ) Tj ET Q q 0 0 0 rg BT 522.58 492.10 Td (Operators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.76 480.10 Td (light ) Tj ET Q q 0 0 0 rg BT 90.39 480.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 140.02 480.10 Td (automobiles ) Tj ET Q q 0 0 0 rg BT 191.32 480.10 Td (may ) Tj ET Q q 0 0 0 rg BT 210.97 480.10 Td (be ) Tj ET Q q 0 0 0 rg BT 222.83 480.10 Td (less ) Tj ET Q q 0 0 0 rg BT 240.26 480.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 265.46 480.10 Td (than ) Tj ET Q q 0 0 0 rg BT 285.10 480.10 Td (other ) Tj ET Q q 0 0 0 rg BT 308.07 480.10 Td (business ) Tj ET Q q 0 0 0 rg BT 344.39 480.10 Td (segments ) Tj ET Q q 0 0 0 rg BT 384.03 480.10 Td (within ) Tj ET Q q 0 0 0 rg BT 412.01 480.10 Td (the ) Tj ET Q q 0 0 0 rg BT 426.66 480.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 476.28 480.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 523.70 480.10 Td (insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (market ) Tj ET Q q 0 0 0 rg BT 80.72 468.10 Td (to ) Tj ET Q q 0 0 0 rg BT 91.46 468.10 Td (take ) Tj ET Q q 0 0 0 rg BT 111.07 468.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 146.79 468.10 Td (out ) Tj ET Q q 0 0 0 rg BT 162.53 468.10 Td (of ) Tj ET Q q 0 0 0 rg BT 173.82 468.10 Td (service, ) Tj ET Q q 0 0 0 rg BT 207.59 468.10 Td (as ) Tj ET Q q 0 0 0 rg BT 218.88 468.10 Td (their ) Tj ET Q q 0 0 0 rg BT 240.16 468.10 Td (businesses ) Tj ET Q q 0 0 0 rg BT 285.34 468.10 Td (and ) Tj ET Q q 0 0 0 rg BT 302.74 468.10 Td (business ) Tj ET Q q 0 0 0 rg BT 339.59 468.10 Td (reputations ) Tj ET Q q 0 0 0 rg BT 386.98 468.10 Td (rely ) Tj ET Q q 0 0 0 rg BT 405.48 468.10 Td (heavily ) Tj ET Q q 0 0 0 rg BT 437.88 468.10 Td (on ) Tj ET Q q 0 0 0 rg BT 450.83 468.10 Td (availability) Tj ET Q q 0 0 0 rg BT 495.17 468.10 Td (. ) Tj ET Q q 0 0 0 rg BT 500.41 468.10 Td (W) Tj ET Q q 0 0 0 rg BT 509.45 468.10 Td (ith ) Tj ET Q q 0 0 0 rg BT 522.97 468.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 554.24 468.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 79.98 456.10 Td (business ) Tj ET Q q 0 0 0 rg BT 116.64 456.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 138.31 456.10 Td (such ) Tj ET Q q 0 0 0 rg BT 159.41 456.10 Td (as ) Tj ET Q q 0 0 0 rg BT 170.52 456.10 Td (the ) Tj ET Q q 0 0 0 rg BT 185.51 456.10 Td (taxi ) Tj ET Q q 0 0 0 rg BT 203.28 456.10 Td (line, ) Tj ET Q q 0 0 0 rg BT 223.55 456.10 Td (there ) Tj ET Q q 0 0 0 rg BT 246.31 456.10 Td (are ) Tj ET Q q 0 0 0 rg BT 261.29 456.10 Td (also ) Tj ET Q q 0 0 0 rg BT 280.17 456.10 Td (other ) Tj ET Q q 0 0 0 rg BT 303.49 456.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 333.48 456.10 Td (such ) Tj ET Q q 0 0 0 rg BT 354.58 456.10 Td (as ) Tj ET Q q 0 0 0 rg BT 365.69 456.10 Td (the ) Tj ET Q q 0 0 0 rg BT 380.68 456.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 399.56 456.10 Td (and ) Tj ET Q q 0 0 0 rg BT 416.77 456.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 447.88 456.10 Td (supply ) Tj ET Q q 0 0 0 rg BT 477.32 456.10 Td (of ) Tj ET Q q 0 0 0 rg BT 488.43 456.10 Td (medallions, ) Tj ET Q q 0 0 0 rg BT 537.59 456.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.81 444.10 Td (discourage ) Tj ET Q q 0 0 0 rg BT 115.73 444.10 Td (a ) Tj ET Q q 0 0 0 rg BT 122.76 444.10 Td (policyholder ) Tj ET Q q 0 0 0 rg BT 175.90 444.10 Td (from ) Tj ET Q q 0 0 0 rg BT 197.93 444.10 Td (taking ) Tj ET Q q 0 0 0 rg BT 225.53 444.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 260.89 444.10 Td (out ) Tj ET Q q 0 0 0 rg BT 276.26 444.10 Td (of ) Tj ET Q q 0 0 0 rg BT 287.19 444.10 Td (service ) Tj ET Q q 0 0 0 rg BT 318.10 444.10 Td (in ) Tj ET Q q 0 0 0 rg BT 328.48 444.10 Td (the ) Tj ET Q q 0 0 0 rg BT 343.29 444.10 Td (face ) Tj ET Q q 0 0 0 rg BT 362.53 444.10 Td (of ) Tj ET Q q 0 0 0 rg BT 373.46 444.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 407.70 444.10 Td (demand ) Tj ET Q q 0 0 0 rg BT 441.95 444.10 Td (for ) Tj ET Q q 0 0 0 rg BT 456.21 444.10 Td (the ) Tj ET Q q 0 0 0 rg BT 471.02 444.10 Td (use ) Tj ET Q q 0 0 0 rg BT 486.95 444.10 Td (of ) Tj ET Q q 0 0 0 rg BT 497.88 444.10 Td (the ) Tj ET Q q 0 0 0 rg BT 512.69 444.10 Td (vehicle. ) Tj ET Q q 0 0 0 rg BT 546.47 444.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 96.18 432.10 Td (expansion ) Tj ET Q q 0 0 0 rg BT 140.69 432.10 Td (of ) Tj ET Q q 0 0 0 rg BT 152.70 432.10 Td (TNC ) Tj ET Q q 0 0 0 rg BT 176.66 432.10 Td (has ) Tj ET Q q 0 0 0 rg BT 193.96 432.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 229.58 432.10 Td (in ) Tj ET Q q 0 0 0 rg BT 241.32 432.10 Td (a ) Tj ET Q q 0 0 0 rg BT 249.73 432.10 Td (reduction ) Tj ET Q q 0 0 0 rg BT 291.46 432.10 Td (in ) Tj ET Q q 0 0 0 rg BT 303.20 432.10 Td (taxi ) Tj ET Q q 0 0 0 rg BT 322.16 432.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 358.89 432.10 Td (available ) Tj ET Q q 0 0 0 rg BT 398.94 432.10 Td (to ) Tj ET Q q 0 0 0 rg BT 410.69 432.10 Td (insure; ) Tj ET Q q 0 0 0 rg BT 441.87 432.10 Td (however) Tj ET Q q 0 0 0 rg BT 475.90 432.10 Td (, ) Tj ET Q q 0 0 0 rg BT 482.36 432.10 Td (we ) Tj ET Q q 0 0 0 rg BT 497.99 432.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 530.83 432.10 Td (that ) Tj ET Q q 0 0 0 rg BT 549.79 432.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.10 Td (aforementioned ) Tj ET Q q 0 0 0 rg BT 115.25 420.10 Td (factor ) Tj ET Q q 0 0 0 rg BT 141.06 420.10 Td (relating ) Tj ET Q q 0 0 0 rg BT 174.11 420.10 Td (to ) Tj ET Q q 0 0 0 rg BT 184.38 420.10 Td (medallion ) Tj ET Q q 0 0 0 rg BT 226.88 420.10 Td (values ) Tj ET Q q 0 0 0 rg BT 254.92 420.10 Td (has ) Tj ET Q q 0 0 0 rg BT 270.75 420.10 Td (mitigated ) Tj ET Q q 0 0 0 rg BT 311.02 420.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.74 420.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 356.00 420.10 Td (decline.) Tj ET Q endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (II. ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 62.783203125 740.68505859375 m 169.7607421875 740.68505859375 l s q 0 0 0 rg BT 62.78 742.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 97.04 742.25 Td (TING ) Tj ET Q q 0 0 0 rg BT 125.10 742.25 Td (RESUL) Tj ET Q q 0 0 0 rg BT 157.53 742.25 Td (TS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 109.82 720.25 Td (TED ) Tj ET Q q 0 0 0 rg BT 132.89 720.25 Td (PERFORMANCE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 703.25 Td (First ) Tj ET Q q 0 0 0 rg BT 73.05 703.25 Td (Quarter) Tj ET Q q 0 0 0 rg BT 107.85 703.25 Td ( ) Tj ET Q q 0 0 0 rg BT 110.35 703.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.35 703.25 Td ( ) Tj ET Q q 0 0 0 rg BT 132.85 703.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 175.36 703.25 Td (Performance ) Tj ET Q q 0 0 0 rg BT 233.38 703.25 Td (Summary ) Tj ET Q q 0 0 0 rg BT 278.10 703.25 Td (\(comparisons ) Tj ET Q q 0 0 0 rg BT 337.82 703.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.65 703.25 Td (First ) Tj ET Q q 0 0 0 rg BT 371.70 703.25 Td (Quarter) Tj ET Q q 0 0 0 rg BT 406.50 703.25 Td ( ) Tj ET Q q 0 0 0 rg BT 409.00 703.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.00 703.25 Td ( ) Tj ET Q q 0 0 0 rg BT 431.50 703.25 Td (unless ) Tj ET Q q 0 0 0 rg BT 460.13 703.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 503.73 703.25 Td (noted\):) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 686.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 686.25 Td (Gr) Tj ET Q q 0 0 0 rg BT 98.04 686.25 Td (oss ) Tj ET Q q 0 0 0 rg BT 113.32 686.25 Td (pr) Tj ET Q q 0 0 0 rg BT 123.14 686.25 Td (emiums ) Tj ET Q q 0 0 0 rg BT 158.97 686.25 Td (written ) Tj ET Q q 0 0 0 rg BT 192.57 686.25 Td (decr) Tj ET Q q 0 0 0 rg BT 211.26 686.25 Td (eased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.59 686.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 237.09 686.25 Td (by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.16 686.25 Td (3.0%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.66 686.25 Td ( ) Tj ET Q q 0 0 0 rg BT 275.16 686.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.99 686.25 Td ($95.6 ) Tj ET Q q 0 0 0 rg BT 310.99 686.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 669.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 669.25 Td (In-for) Tj ET Q q 0 0 0 rg BT 111.37 669.25 Td (ce ) Tj ET Q q 0 0 0 rg BT 122.75 669.25 Td (pr) Tj ET Q q 0 0 0 rg BT 132.57 669.25 Td (emium ) Tj ET Q q 0 0 0 rg BT 164.51 669.25 Td (as ) Tj ET Q q 0 0 0 rg BT 175.90 669.25 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.73 669.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 205.42 669.25 Td (ch31, ) Tj ET Q q 0 0 0 rg BT 232.92 669.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.92 669.25 Td ( ) Tj ET Q q 0 0 0 rg BT 255.42 669.25 Td (incr) Tj ET Q q 0 0 0 rg BT 272.46 669.25 Td (eased ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.29 669.25 Td (7.4%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.79 669.25 Td ( ) Tj ET Q q 0 0 0 rg BT 323.29 669.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.12 669.25 Td ($274.6 ) Tj ET Q q 0 0 0 rg BT 364.12 669.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 652.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 652.25 Td (T) Tj ET Q q 0 0 0 rg BT 91.75 652.25 Td (otal r) Tj ET Q q 0 0 0 rg BT 114.62 652.25 Td (evenue for) Tj ET Q q 0 0 0 rg BT 159.14 652.25 Td ( the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.47 652.25 Td (thr) Tj ET Q q 0 0 0 rg BT 190.62 652.25 Td (ee month period ended Mar) Tj ET Q q 0 0 0 rg BT 309.32 652.25 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.82 652.25 Td ( incr) Tj ET Q q 0 0 0 rg BT 376.36 652.25 Td (eased by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.25 652.25 Td (14.8%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.75 652.25 Td ( to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.08 652.25 Td ($57.2 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.08 652.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 635.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 635.25 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 147.27 635.25 Td (income ) Tj ET Q q 0 0 0 rg BT 180.76 635.25 Td (for) Tj ET Q q 0 0 0 rg BT 193.35 635.25 Td ( ) Tj ET Q q 0 0 0 rg BT 196.29 635.25 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.57 635.25 Td (first ) Tj ET Q q 0 0 0 rg BT 233.28 635.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 265.87 635.25 Td ( ) Tj ET Q q 0 0 0 rg BT 268.81 635.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.81 635.25 Td ( ) Tj ET Q q 0 0 0 rg BT 291.75 635.25 Td (was ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.81 635.25 Td ($6.0 ) Tj ET Q q 0 0 0 rg BT 331.25 635.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.26 635.25 Td (, ) Tj ET Q q 0 0 0 rg BT 366.70 635.25 Td (compar) Tj ET Q q 0 0 0 rg BT 399.29 635.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 412.23 635.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.51 635.25 Td ($6.3 ) Tj ET Q q 0 0 0 rg BT 443.95 635.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.96 635.25 Td ( ) Tj ET Q q 0 0 0 rg BT 476.90 635.25 Td (for) Tj ET Q q 0 0 0 rg BT 489.49 635.25 Td ( ) Tj ET Q q 0 0 0 rg BT 492.43 635.25 Td (the ) Tj ET Q q 0 0 0 rg BT 508.70 635.25 Td (first ) Tj ET Q q 0 0 0 rg BT 529.42 635.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 562.00 635.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 623.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 606.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 606.25 Td (The ) Tj ET Q q 0 0 0 rg BT 105.17 606.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 149.34 606.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 172.39 606.25 Td (for) Tj ET Q q 0 0 0 rg BT 184.97 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 187.47 606.25 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 203.30 606.25 Td (first ) Tj ET Q q 0 0 0 rg BT 223.57 606.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 256.16 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 258.66 606.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.66 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 281.16 606.25 Td (was ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.77 606.25 Td (89.3%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.27 606.25 Td (, ) Tj ET Q q 0 0 0 rg BT 332.27 606.25 Td (compar) Tj ET Q q 0 0 0 rg BT 364.86 606.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 377.36 606.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.19 606.25 Td (86.9%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.69 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 418.19 606.25 Td (for) Tj ET Q q 0 0 0 rg BT 430.78 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 433.28 606.25 Td (the ) Tj ET Q q 0 0 0 rg BT 449.11 606.25 Td (first ) Tj ET Q q 0 0 0 rg BT 469.38 606.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 501.97 606.25 Td ( ) Tj ET Q q 0 0 0 rg BT 504.47 606.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 589.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 589.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 103.33 589.25 Td (income ) Tj ET Q q 0 0 0 rg BT 136.22 589.25 Td (for) Tj ET Q q 0 0 0 rg BT 148.81 589.25 Td ( ) Tj ET Q q 0 0 0 rg BT 151.15 589.25 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 166.82 589.25 Td (first ) Tj ET Q q 0 0 0 rg BT 186.93 589.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 219.52 589.25 Td ( ) Tj ET Q q 0 0 0 rg BT 221.86 589.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.86 589.25 Td ( ) Tj ET Q q 0 0 0 rg BT 244.20 589.25 Td (was ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.66 589.25 Td ($5.5 ) Tj ET Q q 0 0 0 rg BT 282.50 589.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.50 589.25 Td (, ) Tj ET Q q 0 0 0 rg BT 317.34 589.25 Td (or) Tj ET Q q 0 0 0 rg BT 326.60 589.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.94 589.25 Td ($0.45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.44 589.25 Td ( ) Tj ET Q q 0 0 0 rg BT 353.78 589.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 392.79 589.25 Td (per) Tj ET Q q 0 0 0 rg BT 407.05 589.25 Td ( ) Tj ET Q q 0 0 0 rg BT 409.39 589.25 Td (common ) Tj ET Q q 0 0 0 rg BT 448.40 589.25 Td (shar) Tj ET Q q 0 0 0 rg BT 467.11 589.25 Td (e ) Tj ET Q q 0 0 0 rg BT 473.89 589.25 Td (diluted, ) Tj ET Q q 0 0 0 rg BT 508.74 589.25 Td (compar) Tj ET Q q 0 0 0 rg BT 541.32 589.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 553.67 589.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 577.25 Td ($4.9 ) Tj ET Q q 0 0 0 rg BT 105.56 577.25 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.57 577.25 Td (, ) Tj ET Q q 0 0 0 rg BT 140.13 577.25 Td (or) Tj ET Q q 0 0 0 rg BT 149.39 577.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.46 577.25 Td ($0.40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 173.96 577.25 Td ( ) Tj ET Q q 0 0 0 rg BT 176.02 577.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 214.75 577.25 Td (per) Tj ET Q q 0 0 0 rg BT 229.01 577.25 Td ( ) Tj ET Q q 0 0 0 rg BT 231.08 577.25 Td (common ) Tj ET Q q 0 0 0 rg BT 269.80 577.25 Td (shar) Tj ET Q q 0 0 0 rg BT 288.51 577.25 Td (e ) Tj ET Q q 0 0 0 rg BT 295.02 577.25 Td (diluted, ) Tj ET Q q 0 0 0 rg BT 329.59 577.25 Td (r) Tj ET Q q 0 0 0 rg BT 333.85 577.25 Td (epr) Tj ET Q q 0 0 0 rg BT 348.11 577.25 Td (esenting ) Tj ET Q q 0 0 0 rg BT 385.17 577.25 Td (an ) Tj ET Q q 0 0 0 rg BT 397.80 577.25 Td (incr) Tj ET Q q 0 0 0 rg BT 414.83 577.25 Td (ease ) Tj ET Q q 0 0 0 rg BT 434.67 577.25 Td (in ) Tj ET Q q 0 0 0 rg BT 445.07 577.25 Td (earnings ) Tj ET Q q 0 0 0 rg BT 483.80 577.25 Td (per) Tj ET Q q 0 0 0 rg BT 498.06 577.25 Td ( ) Tj ET Q q 0 0 0 rg BT 500.13 577.25 Td (common ) Tj ET Q q 0 0 0 rg BT 538.85 577.25 Td (shar) Tj ET Q q 0 0 0 rg BT 557.56 577.25 Td (e ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 565.25 Td (diluted ) Tj ET Q q 0 0 0 rg BT 118.51 565.25 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 129.34 565.25 Td ($0.05) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 151.84 565.25 Td ( ) Tj ET Q q 0 0 0 rg BT 154.34 565.25 Td (or) Tj ET Q q 0 0 0 rg BT 163.60 565.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 166.10 565.25 Td (1) Tj ET Q q 0 0 0 rg BT 170.55 565.25 Td (1.5%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.05 565.25 Td ( ) Tj ET Q q 0 0 0 rg BT 195.55 565.25 Td (fr) Tj ET Q q 0 0 0 rg BT 203.13 565.25 Td (om ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.96 565.25 Td (first ) Tj ET Q q 0 0 0 rg BT 239.23 565.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 271.82 565.25 Td ( ) Tj ET Q q 0 0 0 rg BT 274.32 565.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.32 565.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 548.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 548.25 Td (Book ) Tj ET Q q 0 0 0 rg BT 111.57 548.25 Td (value ) Tj ET Q q 0 0 0 rg BT 137.68 548.25 Td (per) Tj ET Q q 0 0 0 rg BT 151.94 548.25 Td ( ) Tj ET Q q 0 0 0 rg BT 155.27 548.25 Td (common ) Tj ET Q q 0 0 0 rg BT 195.26 548.25 Td (shar) Tj ET Q q 0 0 0 rg BT 213.97 548.25 Td (e ) Tj ET Q q 0 0 0 rg BT 221.75 548.25 Td (on ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.64 548.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 254.34 548.25 Td (ch31, ) Tj ET Q q 0 0 0 rg BT 282.67 548.25 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.67 548.25 Td ( ) Tj ET Q q 0 0 0 rg BT 306.01 548.25 Td (was ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.45 548.25 Td ($7.62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.95 548.25 Td (, ) Tj ET Q q 0 0 0 rg BT 353.79 548.25 Td (compar) Tj ET Q q 0 0 0 rg BT 386.38 548.25 Td (ed ) Tj ET Q q 0 0 0 rg BT 399.71 548.25 Td (to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.37 548.25 Td ($7.42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.87 548.25 Td ( ) Tj ET Q q 0 0 0 rg BT 437.21 548.25 Td (as ) Tj ET Q q 0 0 0 rg BT 449.43 548.25 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.10 548.25 Td (December) Tj ET Q q 0 0 0 rg BT 504.22 548.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 522.56 548.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.56 548.25 Td ( ) Tj ET Q q 0 0 0 rg BT 545.89 548.25 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 536.25 Td ($10.99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 113.50 536.25 Td ( ) Tj ET Q q 0 0 0 rg BT 116.00 536.25 Td (as ) Tj ET Q q 0 0 0 rg BT 127.39 536.25 Td (of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 138.22 536.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 156.92 536.25 Td (ch31, ) Tj ET Q q 0 0 0 rg BT 184.42 536.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 519.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 519.25 Td (Annualized r) Tj ET Q q 0 0 0 rg BT 141.66 519.25 Td (eturn on equity was ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 228.33 519.25 Td (24.3%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.83 519.25 Td ( in the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.00 519.25 Td (first quarter) Tj ET Q q 0 0 0 rg BT 337.86 519.25 Td ( 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.36 519.25 Td ( compar) Tj ET Q q 0 0 0 rg BT 395.45 519.25 Td (ed to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.78 519.25 Td (14.9%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.28 519.25 Td ( in the prior) Tj ET Q q 0 0 0 rg BT 497.48 519.25 Td ( year) Tj ET Q q 0 0 0 rg BT 518.68 519.25 Td ( period) Tj ET Q endstream endobj 67 0 obj <>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 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BT 498.24 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.46 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 536.44 742.10 Td (month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.94 730.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 108.32 730.10 Td (March ) Tj ET Q q 0 0 0 rg BT 136.91 730.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 151.91 730.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 174.41 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 191.35 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.35 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 216.35 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 218.85 730.10 Td (Ratios ) Tj ET Q q 0 0 0 rg BT 246.91 730.10 Td (are ) Tj ET Q q 0 0 0 rg BT 261.62 730.10 Td (calculated ) Tj ET Q q 0 0 0 rg BT 304.64 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 315.47 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 322.41 730.10 Td (percentage ) Tj ET Q q 0 0 0 rg BT 368.21 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 379.04 730.10 Td (net ) Tj ET Q q 0 0 0 rg BT 393.76 730.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 436.25 730.10 Td (earned.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 705.40 Td (Selected financial information \($ in 000s, except per) Tj ET Q q 0 0 0 rg BT 273.68 705.40 Td ( shar) Tj ET Q q 0 0 0 rg BT 294.89 705.40 Td (e data\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 669.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 669.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 639.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 639.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 609.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 609.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 579.60 352.00 -15.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 482.50 459.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 429.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 429.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 429.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 399.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 399.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 399.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 369.60 352.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 369.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 369.60 80.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 340.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 340.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 340.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 310.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 310.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 310.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 280.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 280.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 280.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 250.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 250.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 250.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 220.60 352.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 220.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 220.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 699.6 m 482.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 684.6 m 482.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 699.6 m 562.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 684.6 m 562.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 684.6 m 482.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 669.6 m 482.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 684.6 m 562.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 669.6 m 562.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 669.6 m 482.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 669.6 m 562.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 534.6 m 482.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 534.6 m 562.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 534.6 m 482.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 519.6 m 482.5 519.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 534.6 m 562.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 519.6 m 562.5 519.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 489.6 m 482.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 489.6 m 562.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 429.6 m 482.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 429.6 m 562.5 429.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 399.6 m 482.5 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 385.6 m 482.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 383.6 m 482.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 399.6 m 562.5 399.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 385.6 m 562.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 383.6 m 562.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 265.6 m 482.5 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 265.6 m 562.5 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 265.6 m 482.5 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 265.6 m 562.5 265.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 250.60000000000002 m 482.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 236.60000000000002 m 482.5 236.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 234.60000000000002 m 482.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 250.60000000000002 m 562.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 236.60000000000002 m 562.5 236.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 234.60000000000002 m 562.5 234.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.10 690.33 Td (Thr) Tj ET Q q 0 0 0 rg BT 437.68 690.33 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.90 675.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 427.69 675.33 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.90 675.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 507.60 675.33 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 659.27 Td (Gross premiums written) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 659.27 Td (95,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 659.27 Td (98,496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 644.27 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 644.27 Td (55,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 644.27 Td (48,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 629.27 Td (Net claims incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 629.27 Td (35,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 629.27 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 614.27 Td (Underwriting expense:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 599.27 Td (Acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 599.27 Td (5,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 599.27 Td (5,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 584.27 Td (Share-based compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 584.27 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 584.27 Td (320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 569.27 Td (Expenses recovered related to stock purchase agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.95 569.27 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 569.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 554.27 Td (Deferred policy acquisition costs amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.95 554.27 Td (\(261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 554.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.95 554.27 Td (\(373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 554.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 539.27 Td (Other underwriting expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 539.27 Td (9,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 539.27 Td (7,741) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 524.28 Td (T) Tj ET Q q 0 0 0 rg BT 59.21 524.28 Td (otal underwriting expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 524.27 Td (14,872) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 524.27 Td (12,784) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 509.28 Td (Underwriting income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 509.27 Td (5,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 509.27 Td (6,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 494.27 Td (Net investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 494.27 Td (964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 494.27 Td (1,143) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 479.28 Td (Income fr) Tj ET Q q 0 0 0 rg BT 94.84 479.28 Td (om operating activities, befor) Tj ET Q q 0 0 0 rg BT 219.63 479.28 Td (e income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 479.27 Td (6,938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 479.27 Td (7,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.95 464.27 Td (\(455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 464.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.95 464.27 Td (\(268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 464.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 449.27 Td (\(Loss\) income from change in fair value of equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.95 449.27 Td (\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 449.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 449.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 434.27 Td (Realized gains and other income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 434.27 Td (457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 434.27 Td (248) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 419.28 Td (Net income befor) Tj ET Q q 0 0 0 rg BT 126.22 419.28 Td (e income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 419.27 Td (6,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 419.27 Td (7,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 404.27 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 404.27 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 404.27 Td (2,613) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 389.28 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 389.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 389.27 Td (5,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 389.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 389.27 Td (4,852) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 360.28 Td (Key Financial Ratios:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 345.27 Td (Loss ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 345.27 Td (62.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 345.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 345.27 Td (60.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 345.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 330.27 Td (Underwriting expense ratio:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 315.27 Td (Acquisition cost ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 315.27 Td (10.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 315.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 315.27 Td (10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 315.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 300.27 Td (Share-based compensation ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 300.27 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 300.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 300.27 Td (0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 300.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 285.27 Td (Deferred policy acquisition costs amortization ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.45 285.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 285.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 285.27 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 285.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 270.27 Td (Other underwriting expense ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 270.27 Td (16.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 270.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 270.27 Td (16.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 270.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 255.28 Td (T) Tj ET Q q 0 0 0 rg BT 59.21 255.28 Td (otal underwriting expense ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 255.27 Td (26.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 255.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 255.27 Td (26.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 255.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 240.28 Td (Combined ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 240.27 Td (89.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 240.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 240.27 Td (86.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 240.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 225.27 Td (Earnings per common share diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 225.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 225.27 Td (0.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 225.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 225.27 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 210.27 Td (Book value per common share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 210.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 210.27 Td (7.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 210.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 210.27 Td (10.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 195.27 Td (Return on equity \(annualized\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 195.27 Td (24.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 195.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 195.27 Td (14.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 195.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (Thr) Tj ET Q q 0 0 0 rg BT 66.49 169.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 77.87 169.10 Td (month ) Tj ET Q q 0 0 0 rg BT 108.15 169.10 Td (period ) Tj ET Q q 0 0 0 rg BT 138.43 169.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 166.49 169.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 185.19 169.10 Td (ch ) Tj ET Q q 0 0 0 rg BT 197.69 169.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 212.69 169.10 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 232.69 169.10 Td ( ) Tj ET Q q 0 0 0 rg BT 235.19 169.10 Td (compar) Tj ET Q q 0 0 0 rg BT 267.77 169.10 Td (ed ) Tj ET Q q 0 0 0 rg BT 280.27 169.10 Td (to ) Tj ET Q q 0 0 0 rg BT 291.10 169.10 Td (the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.93 169.10 Td (thr) Tj ET Q q 0 0 0 rg BT 320.08 169.10 Td (ee ) Tj ET Q q 0 0 0 rg BT 331.46 169.10 Td (month ) Tj ET Q q 0 0 0 rg BT 361.74 169.10 Td (period ) Tj ET Q q 0 0 0 rg BT 392.02 169.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 420.08 169.10 Td (Mar) Tj ET Q q 0 0 0 rg BT 438.78 169.10 Td (ch ) Tj ET Q q 0 0 0 rg BT 451.28 169.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 466.28 169.10 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.28 169.10 Td (: ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 152.10 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 135.10 Td (e ) Tj ET Q q 0 0 0 rg BT 66.17 135.10 Td (derive ) Tj ET Q q 0 0 0 rg BT 94.26 135.10 Td (our ) Tj ET Q q 0 0 0 rg BT 110.69 135.10 Td (revenues ) Tj ET Q q 0 0 0 rg BT 149.32 135.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 189.63 135.10 Td (from ) Tj ET Q q 0 0 0 rg BT 212.17 135.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 255.26 135.10 Td (from ) Tj ET Q q 0 0 0 rg BT 277.80 135.10 Td (our ) Tj ET Q q 0 0 0 rg BT 294.23 135.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 335.64 135.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 369.84 135.10 Td (and ) Tj ET Q q 0 0 0 rg BT 387.38 135.10 Td (income ) Tj ET Q q 0 0 0 rg BT 419.91 135.10 Td (from ) Tj ET Q q 0 0 0 rg BT 442.45 135.10 Td (our ) Tj ET Q q 0 0 0 rg BT 458.87 135.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 505.85 135.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 546.45 135.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 104.58 123.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 144.14 123.10 Td (is ) Tj ET Q q 0 0 0 rg BT 153.73 123.10 Td (to ) Tj ET Q q 0 0 0 rg BT 164.43 123.10 Td (price ) Tj ET Q q 0 0 0 rg BT 187.34 123.10 Td (our ) Tj ET Q q 0 0 0 rg BT 203.59 123.10 Td (products ) Tj ET Q q 0 0 0 rg BT 240.95 123.10 Td (to ) Tj ET Q q 0 0 0 rg BT 251.65 123.10 Td (generate ) Tj ET Q q 0 0 0 rg BT 288.44 123.10 Td (consistent ) Tj ET Q q 0 0 0 rg BT 331.35 123.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 385.93 123.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 411.07 123.10 Td (for ) Tj ET Q q 0 0 0 rg BT 425.65 123.10 Td (the ) Tj ET Q q 0 0 0 rg BT 440.79 123.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 482.02 123.10 Td (companies ) Tj ET Q q 0 0 0 rg BT 527.71 123.10 Td (we ) Tj ET Q q 0 0 0 rg BT 542.29 123.10 Td (own. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.09 111.10 Td (Company) Tj ET Q q 0 0 0 rg BT 108.75 111.10 Td (s ) Tj ET Q q 0 0 0 rg BT 114.18 111.10 Td (philosophy ) Tj ET Q q 0 0 0 rg BT 160.17 111.10 Td (is ) Tj ET Q q 0 0 0 rg BT 168.38 111.10 Td (to ) Tj ET Q q 0 0 0 rg BT 177.70 111.10 Td (always ) Tj ET Q q 0 0 0 rg BT 207.01 111.10 Td (prioritize ) Tj ET Q q 0 0 0 rg BT 245.20 111.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 298.40 111.10 Td (mar) Tj ET Q q 0 0 0 rg BT 313.76 111.10 Td (gin ) Tj ET Q q 0 0 0 rg BT 328.08 111.10 Td (over ) Tj ET Q q 0 0 0 rg BT 347.39 111.10 Td (top ) Tj ET Q q 0 0 0 rg BT 361.71 111.10 Td (line ) Tj ET Q q 0 0 0 rg BT 378.25 111.10 Td (growth. ) Tj ET Q q 0 0 0 rg BT 410.62 111.10 Td ( ) Tj ET Q q 0 0 0 rg BT 411.82 111.10 Td (As ) Tj ET Q q 0 0 0 rg BT 424.47 111.10 Td (with ) Tj ET Q q 0 0 0 rg BT 443.79 111.10 Td (all ) Tj ET Q q 0 0 0 rg BT 455.33 111.10 Td (P&C ) Tj ET Q q 0 0 0 rg BT 476.88 111.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 516.73 111.10 Td (companies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.55 99.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 94.10 99.10 Td (of ) Tj ET Q q 0 0 0 rg BT 104.77 99.10 Td (price ) Tj ET Q q 0 0 0 rg BT 127.09 99.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 161.63 99.10 Td (is ) Tj ET Q q 0 0 0 rg BT 170.63 99.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 207.94 99.10 Td (in ) Tj ET Q q 0 0 0 rg BT 218.05 99.10 Td (our ) Tj ET Q q 0 0 0 rg BT 233.72 99.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 271.04 99.10 Td (results ) Tj ET Q q 0 0 0 rg BT 299.48 99.10 Td (over ) Tj ET Q q 0 0 0 rg BT 319.58 99.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 342.19 99.10 Td (Price ) Tj ET Q q 0 0 0 rg BT 365.07 99.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 399.62 99.10 Td (on ) Tj ET Q q 0 0 0 rg BT 411.95 99.10 Td (our ) Tj ET Q q 0 0 0 rg BT 427.62 99.10 Td (in-force ) Tj ET Q q 0 0 0 rg BT 461.60 99.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 495.04 99.10 Td (occur ) Tj ET Q q 0 0 0 rg BT 519.58 99.10 Td (as ) Tj ET Q q 0 0 0 rg BT 530.25 99.10 Td (they ) Tj ET Q q 0 0 0 rg BT 549.80 99.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.10 Td (renewed. ) Tj ET Q q 0 0 0 rg BT 88.66 87.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.78 87.10 Td (This ) Tj ET Q q 0 0 0 rg BT 110.85 87.10 Td (cycle ) Tj ET Q q 0 0 0 rg BT 134.23 87.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 173.73 87.10 Td (takes ) Tj ET Q q 0 0 0 rg BT 196.56 87.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 225.51 87.10 Td (months ) Tj ET Q q 0 0 0 rg BT 257.25 87.10 Td (for ) Tj ET Q q 0 0 0 rg BT 271.20 87.10 Td (our ) Tj ET Q q 0 0 0 rg BT 286.82 87.10 Td (entire ) Tj ET Q q 0 0 0 rg BT 311.87 87.10 Td (book ) Tj ET Q q 0 0 0 rg BT 334.16 87.10 Td (of ) Tj ET Q q 0 0 0 rg BT 344.78 87.10 Td (business ) Tj ET Q q 0 0 0 rg BT 380.96 87.10 Td (and ) Tj ET Q q 0 0 0 rg BT 397.69 87.10 Td (up ) Tj ET Q q 0 0 0 rg BT 409.98 87.10 Td (to ) Tj ET Q q 0 0 0 rg BT 420.05 87.10 Td (an ) Tj ET Q q 0 0 0 rg BT 431.78 87.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 474.06 87.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 503.00 87.10 Td (months ) Tj ET Q q 0 0 0 rg BT 534.74 87.10 Td (to ) Tj ET Q q 0 0 0 rg BT 544.81 87.10 Td (earn ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.94 75.10 Td (full ) Tj ET Q q 0 0 0 rg BT 73.33 75.10 Td (year ) Tj ET Q q 0 0 0 rg BT 93.03 75.10 Td (of ) Tj ET Q q 0 0 0 rg BT 103.86 75.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 142.47 75.10 Td (at ) Tj ET Q q 0 0 0 rg BT 152.18 75.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.90 75.10 Td (renewal ) Tj ET Q q 0 0 0 rg BT 201.04 75.10 Td (rate.) Tj ET Q endstream endobj 69 0 obj <>] /Rotate 0 /Contents 70 0 R>> endobj 70 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e ) Tj ET Q q 0 0 0 rg BT 66.39 742.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 106.34 742.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 153.53 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 171.28 742.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 201.24 742.10 Td (management ) Tj ET Q q 0 0 0 rg BT 255.64 742.10 Td (with ) Tj ET Q q 0 0 0 rg BT 276.73 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 292.25 742.10 Td (intention ) Tj ET Q q 0 0 0 rg BT 331.11 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 342.75 742.10 Td (supporting ) Tj ET Q q 0 0 0 rg BT 388.84 742.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 430.47 742.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 475.43 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 488.74 742.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 530.94 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 538.69 742.10 Td (stable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (source ) Tj ET Q q 0 0 0 rg BT 78.53 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 89.29 730.10 Td (income ) Tj ET Q q 0 0 0 rg BT 121.15 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 131.35 730.10 Td (supplement ) Tj ET Q q 0 0 0 rg BT 179.89 730.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 233.97 730.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 268.15 730.10 Td (The ) Tj ET Q q 0 0 0 rg BT 286.13 730.10 Td (goals ) Tj ET Q q 0 0 0 rg BT 309.67 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 320.42 730.10 Td (our ) Tj ET Q q 0 0 0 rg BT 336.18 730.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 382.49 730.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 409.92 730.10 Td (are ) Tj ET Q q 0 0 0 rg BT 424.55 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 434.76 730.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 464.95 730.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 494.03 730.10 Td (while ) Tj ET Q q 0 0 0 rg BT 518.67 730.10 Td (optimizing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 96.36 718.10 Td (income ) Tj ET Q q 0 0 0 rg BT 128.28 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 145.20 718.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 174.34 718.10 Td (appreciation ) Tj ET Q q 0 0 0 rg BT 226.24 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 243.16 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 253.42 718.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 290.89 718.10 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 338.91 718.10 Td (liquidity) Tj ET Q q 0 0 0 rg BT 372.15 718.10 Td (. ) Tj ET Q q 0 0 0 rg BT 376.95 718.10 Td (W) Tj ET Q q 0 0 0 rg BT 385.59 718.10 Td (e ) Tj ET Q q 0 0 0 rg BT 392.51 718.10 Td (follow ) Tj ET Q q 0 0 0 rg BT 421.10 718.10 Td (a ) Tj ET Q q 0 0 0 rg BT 428.03 718.10 Td (formal ) Tj ET Q q 0 0 0 rg BT 457.16 718.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 503.53 718.10 Td (policy) Tj ET Q q 0 0 0 rg BT 527.88 718.10 Td (, ) Tj ET Q q 0 0 0 rg BT 532.86 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 549.78 718.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 78.22 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 90.33 706.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 131.32 706.10 Td (reviews ) Tj ET Q q 0 0 0 rg BT 166.20 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.20 706.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 220.97 706.10 Td (performance ) Tj ET Q q 0 0 0 rg BT 275.28 706.10 Td (at ) Tj ET Q q 0 0 0 rg BT 286.28 706.10 Td (least ) Tj ET Q q 0 0 0 rg BT 308.38 706.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 348.26 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 363.70 706.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 413.57 706.10 Td (with ) Tj ET Q q 0 0 0 rg BT 435.13 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.13 706.10 Td (established ) Tj ET Q q 0 0 0 rg BT 499.34 706.10 Td (guidelines. ) Tj ET Q q 0 0 0 rg BT 546.45 706.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Investment ) Tj ET Q q 0 0 0 rg BT 96.21 694.10 Td (Committee ) Tj ET Q q 0 0 0 rg BT 142.42 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 152.52 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 166.50 694.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 192.71 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 202.82 694.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 241.79 694.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 278.00 694.10 Td (interim ) Tj ET Q q 0 0 0 rg BT 308.66 694.10 Td (guidance ) Tj ET Q q 0 0 0 rg BT 346.52 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 362.73 694.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 396.72 694.10 Td (with ) Tj ET Q q 0 0 0 rg BT 416.27 694.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 446.36 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 455.91 694.10 Td (asset ) Tj ET Q q 0 0 0 rg BT 477.12 694.10 Td (allocation, ) Tj ET Q q 0 0 0 rg BT 520.82 694.10 Td (as ) Tj ET Q q 0 0 0 rg BT 530.92 694.10 Td (deemed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (appropriate.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 665.10 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 66.85 648.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 95.36 648.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 131.08 648.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 169.58 648.10 Td (are ) Tj ET Q q 0 0 0 rg BT 184.20 648.10 Td (a ) Tj ET Q q 0 0 0 rg BT 191.04 648.10 Td (function ) Tj ET Q q 0 0 0 rg BT 226.78 648.10 Td (of ) Tj ET Q q 0 0 0 rg BT 237.51 648.10 Td (the ) Tj ET Q q 0 0 0 rg BT 252.14 648.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 284.54 648.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.39 648.10 Td (type ) Tj ET Q q 0 0 0 rg BT 321.01 648.10 Td (of ) Tj ET Q q 0 0 0 rg BT 331.75 648.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 372.47 648.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 410.97 648.10 Td (we ) Tj ET Q q 0 0 0 rg BT 425.04 648.10 Td (write ) Tj ET Q q 0 0 0 rg BT 447.99 648.10 Td (and ) Tj ET Q q 0 0 0 rg BT 464.84 648.10 Td (of ) Tj ET Q q 0 0 0 rg BT 475.58 648.10 Td (the ) Tj ET Q q 0 0 0 rg BT 490.20 648.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 518.71 648.10 Td (experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.56 636.10 Td (the ) Tj ET Q q 0 0 0 rg BT 77.02 636.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 123.58 636.10 Td (risks. ) Tj ET Q q 0 0 0 rg BT 147.97 636.10 Td (W) Tj ET Q q 0 0 0 rg BT 156.61 636.10 Td (e ) Tj ET Q q 0 0 0 rg BT 164.28 636.10 Td (record ) Tj ET Q q 0 0 0 rg BT 193.05 636.10 Td (net ) Tj ET Q q 0 0 0 rg BT 208.50 636.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 237.84 636.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 274.39 636.10 Td (based ) Tj ET Q q 0 0 0 rg BT 300.40 636.10 Td (on ) Tj ET Q q 0 0 0 rg BT 313.63 636.10 Td (an ) Tj ET Q q 0 0 0 rg BT 326.30 636.10 Td (actuarial ) Tj ET Q q 0 0 0 rg BT 363.96 636.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 399.41 636.10 Td (of ) Tj ET Q q 0 0 0 rg BT 410.97 636.10 Td (the ) Tj ET Q q 0 0 0 rg BT 426.43 636.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 467.98 636.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 497.32 636.10 Td (we ) Tj ET Q q 0 0 0 rg BT 512.21 636.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 541.54 636.10 Td (to ) Tj ET Q q 0 0 0 rg BT 552.56 636.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 85.31 624.10 Td (on ) Tj ET Q q 0 0 0 rg BT 97.30 624.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 135.39 624.10 Td (written. ) Tj ET Q q 0 0 0 rg BT 168.06 624.10 Td (W) Tj ET Q q 0 0 0 rg BT 176.70 624.10 Td (e ) Tj ET Q q 0 0 0 rg BT 183.13 624.10 Td (seek ) Tj ET Q q 0 0 0 rg BT 202.89 624.10 Td (to ) Tj ET Q q 0 0 0 rg BT 212.66 624.10 Td (establish ) Tj ET Q q 0 0 0 rg BT 249.65 624.10 Td (case ) Tj ET Q q 0 0 0 rg BT 268.85 624.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 303.60 624.10 Td (at ) Tj ET Q q 0 0 0 rg BT 312.81 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 327.01 624.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 369.56 624.10 Td (probable ) Tj ET Q q 0 0 0 rg BT 406.54 624.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 444.63 624.10 Td (based ) Tj ET Q q 0 0 0 rg BT 469.39 624.10 Td (on ) Tj ET Q q 0 0 0 rg BT 481.38 624.10 Td (our ) Tj ET Q q 0 0 0 rg BT 496.70 624.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 535.91 624.10 Td (claims ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (experience. ) Tj ET Q q 0 0 0 rg BT 97.22 612.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 114.18 612.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 141.15 612.10 Td (to ) Tj ET Q q 0 0 0 rg BT 150.34 612.10 Td (estimate ) Tj ET Q q 0 0 0 rg BT 185.08 612.10 Td (net ) Tj ET Q q 0 0 0 rg BT 198.71 612.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 226.23 612.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 260.96 612.10 Td (accurately ) Tj ET Q q 0 0 0 rg BT 303.45 612.10 Td (at ) Tj ET Q q 0 0 0 rg BT 312.08 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.72 612.10 Td (time ) Tj ET Q q 0 0 0 rg BT 344.91 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 354.65 612.10 Td (pricing ) Tj ET Q q 0 0 0 rg BT 384.39 612.10 Td (our ) Tj ET Q q 0 0 0 rg BT 399.14 612.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 436.64 612.10 Td (is ) Tj ET Q q 0 0 0 rg BT 444.73 612.10 Td (a ) Tj ET Q q 0 0 0 rg BT 450.58 612.10 Td (critical ) Tj ET Q q 0 0 0 rg BT 479.76 612.10 Td (factor ) Tj ET Q q 0 0 0 rg BT 504.49 612.10 Td (in ) Tj ET Q q 0 0 0 rg BT 513.68 612.10 Td (determining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (our ) Tj ET Q q 0 0 0 rg BT 65.83 600.10 Td (profitability) Tj ET Q q 0 0 0 rg BT 112.95 600.10 Td (. ) Tj ET Q q 0 0 0 rg BT 117.76 600.10 Td (The ) Tj ET Q q 0 0 0 rg BT 135.81 600.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 168.30 600.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 204.11 600.10 Td (under ) Tj ET Q q 0 0 0 rg BT 229.38 600.10 Td (net ) Tj ET Q q 0 0 0 rg BT 244.09 600.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 272.70 600.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 308.51 600.10 Td (in ) Tj ET Q q 0 0 0 rg BT 318.78 600.10 Td (any ) Tj ET Q q 0 0 0 rg BT 335.72 600.10 Td (period ) Tj ET Q q 0 0 0 rg BT 363.76 600.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 399.59 600.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 440.41 600.10 Td (in ) Tj ET Q q 0 0 0 rg BT 450.69 600.10 Td (the ) Tj ET Q q 0 0 0 rg BT 465.40 600.10 Td (period ) Tj ET Q q 0 0 0 rg BT 493.44 600.10 Td (net ) Tj ET Q q 0 0 0 rg BT 508.16 600.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.99 600.10 Td (the ) Tj ET Q q 0 0 0 rg BT 533.70 600.10 Td (change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.00 588.10 Td (value ) Tj ET Q q 0 0 0 rg BT 99.15 588.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.98 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.70 588.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 159.96 588.10 Td (for ) Tj ET Q q 0 0 0 rg BT 174.12 588.10 Td (net ) Tj ET Q q 0 0 0 rg BT 188.83 588.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 217.44 588.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 253.25 588.10 Td (between ) Tj ET Q q 0 0 0 rg BT 289.07 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 303.78 588.10 Td (beginning ) Tj ET Q q 0 0 0 rg BT 346.28 588.10 Td (and ) Tj ET Q q 0 0 0 rg BT 363.22 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.93 588.10 Td (end ) Tj ET Q q 0 0 0 rg BT 394.87 588.10 Td (of ) Tj ET Q q 0 0 0 rg BT 405.70 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.42 588.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 99.27 571.10 Td (costs ) Tj ET Q q 0 0 0 rg BT 121.87 571.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 152.26 571.10 Td (principally ) Tj ET Q q 0 0 0 rg BT 198.18 571.10 Td (of ) Tj ET Q q 0 0 0 rg BT 209.11 571.10 Td (brokerage ) Tj ET Q q 0 0 0 rg BT 251.69 571.10 Td (and ) Tj ET Q q 0 0 0 rg BT 268.74 571.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 293.00 571.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 347.83 571.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 367.37 571.10 Td (to ) Tj ET Q q 0 0 0 rg BT 377.75 571.10 Td (a ) Tj ET Q q 0 0 0 rg BT 384.79 571.10 Td (lesser ) Tj ET Q q 0 0 0 rg BT 410.17 571.10 Td (extent, ) Tj ET Q q 0 0 0 rg BT 439.70 571.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 478.41 571.10 Td (taxes. ) Tj ET Q q 0 0 0 rg BT 503.87 571.10 Td (The ) Tj ET Q q 0 0 0 rg BT 522.02 571.10 Td (brokerage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.82 559.10 Td (agent ) Tj ET Q q 0 0 0 rg BT 90.86 559.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 145.47 559.10 Td (are ) Tj ET Q q 0 0 0 rg BT 160.06 559.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 194.09 559.10 Td (by ) Tj ET Q q 0 0 0 rg BT 206.47 559.10 Td (ceding ) Tj ET Q q 0 0 0 rg BT 235.51 559.10 Td (commissions ) Tj ET Q q 0 0 0 rg BT 290.12 559.10 Td (received ) Tj ET Q q 0 0 0 rg BT 326.36 559.10 Td (from ) Tj ET Q q 0 0 0 rg BT 348.18 559.10 Td (assuming ) Tj ET Q q 0 0 0 rg BT 388.34 559.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 430.16 559.10 Td (that ) Tj ET Q q 0 0 0 rg BT 447.53 559.10 Td (represent ) Tj ET Q q 0 0 0 rg BT 486.56 559.10 Td (a ) Tj ET Q q 0 0 0 rg BT 493.38 559.10 Td (percentage ) Tj ET Q q 0 0 0 rg BT 539.07 559.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 559.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 93.03 547.10 Td (on ) Tj ET Q q 0 0 0 rg BT 106.07 547.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 147.42 547.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 181.56 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.03 547.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 248.15 547.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 287.28 547.10 Td (written ) Tj ET Q q 0 0 0 rg BT 318.64 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 336.12 547.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 356.92 547.10 Td (depending ) Tj ET Q q 0 0 0 rg BT 401.62 547.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 424.65 547.10 Td (the ) Tj ET Q q 0 0 0 rg BT 439.90 547.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 472.94 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 490.41 547.10 Td (types ) Tj ET Q q 0 0 0 rg BT 514.55 547.10 Td (of ) Tj ET Q q 0 0 0 rg BT 525.92 547.10 Td (contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (written.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 76.99 518.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 132.87 518.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 173.19 518.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 205.19 518.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 246.62 518.10 Td (of ) Tj ET Q q 0 0 0 rg BT 259.17 518.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 302.27 518.10 Td (related ) Tj ET Q q 0 0 0 rg BT 333.69 518.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 374.01 518.10 Td (\(including ) Tj ET Q q 0 0 0 rg BT 419.34 518.10 Td (salaries, ) Tj ET Q q 0 0 0 rg BT 456.04 518.10 Td (benefits ) Tj ET Q q 0 0 0 rg BT 491.92 518.10 Td (and ) Tj ET Q q 0 0 0 rg BT 510.58 518.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 542.00 518.10 Td (costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 94.78 506.10 Td (with ) Tj ET Q q 0 0 0 rg BT 116.24 506.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 148.24 506.10 Td (under ) Tj ET Q q 0 0 0 rg BT 174.69 506.10 Td (our ) Tj ET Q q 0 0 0 rg BT 191.70 506.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 220.38 506.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 279.60 506.10 Td (plans, ) Tj ET Q q 0 0 0 rg BT 306.89 506.10 Td (such ) Tj ET Q q 0 0 0 rg BT 328.90 506.10 Td (as ) Tj ET Q q 0 0 0 rg BT 340.91 506.10 Td (share-based ) Tj ET Q q 0 0 0 rg BT 391.79 506.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 451.02 506.10 Td (expense\) ) Tj ET Q q 0 0 0 rg BT 490.23 506.10 Td (and ) Tj ET Q q 0 0 0 rg BT 508.35 506.10 Td (other ) Tj ET Q q 0 0 0 rg BT 532.58 506.10 Td (general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 89.92 494.10 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 130.67 494.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.67 494.10 Td (W) Tj ET Q q 0 0 0 rg BT 141.31 494.10 Td (e ) Tj ET Q q 0 0 0 rg BT 147.90 494.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 178.93 494.10 Td (that ) Tj ET Q q 0 0 0 rg BT 196.08 494.10 Td (because ) Tj ET Q q 0 0 0 rg BT 229.88 494.10 Td (a ) Tj ET Q q 0 0 0 rg BT 236.47 494.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 267.51 494.10 Td (of ) Tj ET Q q 0 0 0 rg BT 278.00 494.10 Td (our ) Tj ET Q q 0 0 0 rg BT 293.48 494.10 Td (personnel ) Tj ET Q q 0 0 0 rg BT 334.52 494.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 372.77 494.10 Td (are ) Tj ET Q q 0 0 0 rg BT 387.13 494.10 Td (relatively ) Tj ET Q q 0 0 0 rg BT 427.04 494.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 449.75 494.10 Td (in ) Tj ET Q q 0 0 0 rg BT 459.68 494.10 Td (nature, ) Tj ET Q q 0 0 0 rg BT 489.32 494.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 529.23 494.10 Td (writings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.72 482.10 Td (improve ) Tj ET Q q 0 0 0 rg BT 105.54 482.10 Td (our ) Tj ET Q q 0 0 0 rg BT 121.37 482.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 161.64 482.10 Td (scale ) Tj ET Q q 0 0 0 rg BT 184.12 482.10 Td (and ) Tj ET Q q 0 0 0 rg BT 201.06 482.10 Td (may ) Tj ET Q q 0 0 0 rg BT 220.78 482.10 Td (lead ) Tj ET Q q 0 0 0 rg BT 239.93 482.10 Td (to ) Tj ET Q q 0 0 0 rg BT 250.21 482.10 Td (reduced ) Tj ET Q q 0 0 0 rg BT 284.36 482.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 324.62 482.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 359.33 482.10 Td (ratios.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 465.10 Td (Gr) Tj ET Q q 0 0 0 rg BT 62.04 465.10 Td (oss ) Tj ET Q q 0 0 0 rg BT 77.32 465.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 87.69 465.10 Td (emiums ) Tj ET Q q 0 0 0 rg BT 123.33 465.10 Td (W) Tj ET Q q 0 0 0 rg BT 133.15 465.10 Td (ritten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 448.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.11 448.10 Td (core ) Tj ET Q q 0 0 0 rg BT 95.72 448.10 Td (business ) Tj ET Q q 0 0 0 rg BT 132.02 448.10 Td (is ) Tj ET Q q 0 0 0 rg BT 141.10 448.10 Td (providing ) Tj ET Q q 0 0 0 rg BT 182.40 448.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 223.13 448.10 Td (for ) Tj ET Q q 0 0 0 rg BT 237.19 448.10 Td (specialty ) Tj ET Q q 0 0 0 rg BT 275.15 448.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 314.76 448.10 Td (in ) Tj ET Q q 0 0 0 rg BT 324.95 448.10 Td (the ) Tj ET Q q 0 0 0 rg BT 339.58 448.10 Td (public ) Tj ET Q q 0 0 0 rg BT 366.98 448.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 414.38 448.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 455.11 448.10 Td (space, ) Tj ET Q q 0 0 0 rg BT 482.22 448.10 Td (specifically ) Tj ET Q q 0 0 0 rg BT 530.72 448.10 Td (users ) Tj ET Q q 0 0 0 rg BT 553.68 448.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (light ) Tj ET Q q 0 0 0 rg BT 70.27 436.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 104.97 436.10 Td (moving ) Tj ET Q q 0 0 0 rg BT 137.47 436.10 Td (passengers ) Tj ET Q q 0 0 0 rg BT 182.73 436.10 Td (for ) Tj ET Q q 0 0 0 rg BT 196.32 436.10 Td (a ) Tj ET Q q 0 0 0 rg BT 202.70 436.10 Td (fare. ) Tj ET Q q 0 0 0 rg BT 222.67 436.10 Td ( ) Tj ET Q q 0 0 0 rg BT 224.47 436.10 Td (This ) Tj ET Q q 0 0 0 rg BT 244.19 436.10 Td (business ) Tj ET Q q 0 0 0 rg BT 280.02 436.10 Td (traditionally ) Tj ET Q q 0 0 0 rg BT 330.83 436.10 Td (included ) Tj ET Q q 0 0 0 rg BT 367.20 436.10 Td (taxi, ) Tj ET Q q 0 0 0 rg BT 386.63 436.10 Td (limousine ) Tj ET Q q 0 0 0 rg BT 428.02 436.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.39 436.10 Td (para-transit ) Tj ET Q q 0 0 0 rg BT 491.86 436.10 Td (operators. ) Tj ET Q q 0 0 0 rg BT 533.51 436.10 Td ( ) Tj ET Q q 0 0 0 rg BT 535.30 436.10 Td (T) Tj ET Q q 0 0 0 rg BT 540.71 436.10 Td (oday) Tj ET Q q 0 0 0 rg BT 559.50 436.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (it ) Tj ET Q q 0 0 0 rg BT 58.13 424.10 Td (includes ) Tj ET Q q 0 0 0 rg BT 94.03 424.10 Td (other ) Tj ET Q q 0 0 0 rg BT 117.16 424.10 Td (commercially ) Tj ET Q q 0 0 0 rg BT 174.71 424.10 Td (licensed ) Tj ET Q q 0 0 0 rg BT 210.05 424.10 Td (livery ) Tj ET Q q 0 0 0 rg BT 235.95 424.10 Td (operators ) Tj ET Q q 0 0 0 rg BT 275.73 424.10 Td (as ) Tj ET Q q 0 0 0 rg BT 286.64 424.10 Td (well. ) Tj ET Q q 0 0 0 rg BT 308.93 424.10 Td ( ) Tj ET Q q 0 0 0 rg BT 311.50 424.10 Td (Each ) Tj ET Q q 0 0 0 rg BT 334.06 424.10 Td (of ) Tj ET Q q 0 0 0 rg BT 344.97 424.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.76 424.10 Td (specialty ) Tj ET Q q 0 0 0 rg BT 397.88 424.10 Td (business ) Tj ET Q q 0 0 0 rg BT 434.35 424.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 455.81 424.10 Td (on ) Tj ET Q q 0 0 0 rg BT 468.39 424.10 Td (which ) Tj ET Q q 0 0 0 rg BT 494.83 424.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 518.53 424.10 Td ( ) Tj ET Q q 0 0 0 rg BT 521.10 424.10 Td (strategy ) Tj ET Q q 0 0 0 rg BT 555.33 424.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 412.10 Td (focused ) Tj ET Q q 0 0 0 rg BT 83.60 412.10 Td (is ) Tj ET Q q 0 0 0 rg BT 92.77 412.10 Td (a ) Tj ET Q q 0 0 0 rg BT 99.71 412.10 Td (subset ) Tj ET Q q 0 0 0 rg BT 127.21 412.10 Td (of ) Tj ET Q q 0 0 0 rg BT 138.04 412.10 Td (the ) Tj ET Q q 0 0 0 rg BT 152.75 412.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 213.01 412.10 Td ($36.0 ) Tj ET Q q 0 0 0 rg BT 238.01 412.10 Td (billion ) Tj ET Q q 0 0 0 rg BT 266.63 412.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 286.91 412.10 Td (Commercial ) Tj ET Q q 0 0 0 rg BT 338.29 412.10 Td (Auto ) Tj ET Q q 0 0 0 rg BT 360.79 412.10 Td (industry ) Tj ET Q q 0 0 0 rg BT 396.06 412.10 Td (segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.67 395.10 Td (are ) Tj ET Q q 0 0 0 rg BT 90.23 395.10 Td (a ) Tj ET Q q 0 0 0 rg BT 97.02 395.10 Td (number ) Tj ET Q q 0 0 0 rg BT 129.92 395.10 Td (of ) Tj ET Q q 0 0 0 rg BT 140.61 395.10 Td (other ) Tj ET Q q 0 0 0 rg BT 163.51 395.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 203.63 395.10 Td (that ) Tj ET Q q 0 0 0 rg BT 220.98 395.10 Td (were ) Tj ET Q q 0 0 0 rg BT 242.76 395.10 Td (written ) Tj ET Q q 0 0 0 rg BT 273.44 395.10 Td (by ) Tj ET Q q 0 0 0 rg BT 285.79 395.10 Td (our ) Tj ET Q q 0 0 0 rg BT 301.47 395.10 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 351.04 395.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 372.84 395.10 Td (to ) Tj ET Q q 0 0 0 rg BT 382.45 395.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 406.15 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 408.50 395.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 454.73 395.10 Td (of ) Tj ET Q q 0 0 0 rg BT 465.42 395.10 Td (these ) Tj ET Q q 0 0 0 rg BT 488.32 395.10 Td (companies. ) Tj ET Q q 0 0 0 rg BT 535.94 395.10 Td ( ) Tj ET Q q 0 0 0 rg BT 538.12 395.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 90.27 383.10 Td (are ) Tj ET Q q 0 0 0 rg BT 104.98 383.10 Td (non-core ) Tj ET Q q 0 0 0 rg BT 143.01 383.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.95 383.10 Td (have ) Tj ET Q q 0 0 0 rg BT 181.33 383.10 Td (been ) Tj ET Q q 0 0 0 rg BT 202.71 383.10 Td (placed ) Tj ET Q q 0 0 0 rg BT 231.30 383.10 Td (into ) Tj ET Q q 0 0 0 rg BT 249.36 383.10 Td (run-of) Tj ET Q q 0 0 0 rg BT 274.17 383.10 Td (f ) Tj ET Q q 0 0 0 rg BT 280.00 383.10 Td (as ) Tj ET Q q 0 0 0 rg BT 290.83 383.10 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 67.98 366.10 Td (surety ) Tj ET Q q 0 0 0 rg BT 94.85 366.10 Td (program ) Tj ET Q q 0 0 0 rg BT 131.15 366.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 170.80 366.10 Td (consisted ) Tj ET Q q 0 0 0 rg BT 210.44 366.10 Td (of ) Tj ET Q q 0 0 0 rg BT 221.20 366.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 241.41 366.10 Td (Customs ) Tj ET Q q 0 0 0 rg BT 278.85 366.10 Td (bonds. ) Tj ET Q q 0 0 0 rg BT 307.50 366.10 Td (W) Tj ET Q q 0 0 0 rg BT 316.14 366.10 Td (e ) Tj ET Q q 0 0 0 rg BT 323.00 366.10 Td (engage ) Tj ET Q q 0 0 0 rg BT 353.75 366.10 Td (a ) Tj ET Q q 0 0 0 rg BT 360.62 366.10 Td (former ) Tj ET Q q 0 0 0 rg BT 390.25 366.10 Td (af) Tj ET Q q 0 0 0 rg BT 397.84 366.10 Td (filiate, ) Tj ET Q q 0 0 0 rg BT 425.55 366.10 Td (A) Tj ET Q q 0 0 0 rg BT 432.03 366.10 Td (valon ) Tj ET Q q 0 0 0 rg BT 456.68 366.10 Td (Risk ) Tj ET Q q 0 0 0 rg BT 477.45 366.10 Td (Management, ) Tj ET Q q 0 0 0 rg BT 534.58 366.10 Td (to ) Tj ET Q q 0 0 0 rg BT 544.79 366.10 Td (help ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (coordinate ) Tj ET Q q 0 0 0 rg BT 94.89 354.10 Td (customer ) Tj ET Q q 0 0 0 rg BT 134.24 354.10 Td (service ) Tj ET Q q 0 0 0 rg BT 165.25 354.10 Td (and ) Tj ET Q q 0 0 0 rg BT 182.38 354.10 Td (claim ) Tj ET Q q 0 0 0 rg BT 207.28 354.10 Td (handling ) Tj ET Q q 0 0 0 rg BT 244.97 354.10 Td (for ) Tj ET Q q 0 0 0 rg BT 259.32 354.10 Td (the ) Tj ET Q q 0 0 0 rg BT 274.23 354.10 Td (surety ) Tj ET Q q 0 0 0 rg BT 301.36 354.10 Td (bonds ) Tj ET Q q 0 0 0 rg BT 327.94 354.10 Td (written ) Tj ET Q q 0 0 0 rg BT 358.96 354.10 Td (as ) Tj ET Q q 0 0 0 rg BT 369.98 354.10 Td (this ) Tj ET Q q 0 0 0 rg BT 387.12 354.10 Td (program ) Tj ET Q q 0 0 0 rg BT 423.69 354.10 Td (runs ) Tj ET Q q 0 0 0 rg BT 443.61 354.10 Td (of) Tj ET Q q 0 0 0 rg BT 451.76 354.10 Td (f. ) Tj ET Q q 0 0 0 rg BT 460.08 354.10 Td (This ) Tj ET Q q 0 0 0 rg BT 480.55 354.10 Td (non-core ) Tj ET Q q 0 0 0 rg BT 518.78 354.10 Td (program ) Tj ET Q q 0 0 0 rg BT 555.35 354.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.10 Td (100% ) Tj ET Q q 0 0 0 rg BT 75.83 342.10 Td (reinsured ) Tj ET Q q 0 0 0 rg BT 115.54 342.10 Td (to ) Tj ET Q q 0 0 0 rg BT 125.82 342.10 Td (an ) Tj ET Q q 0 0 0 rg BT 137.75 342.10 Td (unrelated ) Tj ET Q q 0 0 0 rg BT 177.46 342.10 Td (third ) Tj ET Q q 0 0 0 rg BT 198.84 342.10 Td (party ) Tj ET Q q 0 0 0 rg BT 221.89 342.10 Td (and ) Tj ET Q q 0 0 0 rg BT 238.83 342.10 Td (has ) Tj ET Q q 0 0 0 rg BT 254.66 342.10 Td (been ) Tj ET Q q 0 0 0 rg BT 276.04 342.10 Td (transitioned ) Tj ET Q q 0 0 0 rg BT 325.75 342.10 Td (to ) Tj ET Q q 0 0 0 rg BT 336.03 342.10 Td (another ) Tj ET Q q 0 0 0 rg BT 368.51 342.10 Td (carrier) Tj ET Q q 0 0 0 rg BT 394.04 342.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 75.68 325.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 97.48 325.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.73 325.10 Td (business ) Tj ET Q q 0 0 0 rg BT 145.53 325.10 Td (are ) Tj ET Q q 0 0 0 rg BT 160.65 325.10 Td (Gateway) Tj ET Q q 0 0 0 rg BT 198.97 325.10 Td (s ) Tj ET Q q 0 0 0 rg BT 205.78 325.10 Td (truck ) Tj ET Q q 0 0 0 rg BT 229.24 325.10 Td (and ) Tj ET Q q 0 0 0 rg BT 246.59 325.10 Td (workers) Tj ET Q q 0 0 0 rg BT 281.39 325.10 Td ( ) Tj ET Q q 0 0 0 rg BT 284.30 325.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 342.76 325.10 Td (programs, ) Tj ET Q q 0 0 0 rg BT 385.30 325.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 408.99 325.10 Td ( ) Tj ET Q q 0 0 0 rg BT 411.91 325.10 Td (non-standard ) Tj ET Q q 0 0 0 rg BT 467.03 325.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 503.82 325.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 525.62 325.10 Td (business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.21 313.10 Td (Liberty) Tj ET Q q 0 0 0 rg BT 111.42 313.10 Td (s ) Tj ET Q q 0 0 0 rg BT 117.30 313.10 Td (homeowners ) Tj ET Q q 0 0 0 rg BT 170.40 313.10 Td (program, ) Tj ET Q q 0 0 0 rg BT 208.33 313.10 Td (American ) Tj ET Q q 0 0 0 rg BT 249.74 313.10 Td (Country) Tj ET Q q 0 0 0 rg BT 285.30 313.10 Td (s ) Tj ET Q q 0 0 0 rg BT 291.18 313.10 Td (taxi ) Tj ET Q q 0 0 0 rg BT 308.17 313.10 Td (workers) Tj ET Q q 0 0 0 rg BT 342.97 313.10 Td ( ) Tj ET Q q 0 0 0 rg BT 344.96 313.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 402.50 313.10 Td (program ) Tj ET Q q 0 0 0 rg BT 438.36 313.10 Td (and ) Tj ET Q q 0 0 0 rg BT 454.79 313.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 491.23 313.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 508.22 313.10 Td (business. ) Tj ET Q q 0 0 0 rg BT 546.46 313.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (Gateway ) Tj ET Q q 0 0 0 rg BT 89.39 301.10 Td (truck ) Tj ET Q q 0 0 0 rg BT 113.78 301.10 Td (and ) Tj ET Q q 0 0 0 rg BT 132.07 301.10 Td (workers) Tj ET Q q 0 0 0 rg BT 166.87 301.10 Td ( ) Tj ET Q q 0 0 0 rg BT 170.71 301.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 230.10 301.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 271.72 301.10 Td (were ) Tj ET Q q 0 0 0 rg BT 295.00 301.10 Td (put ) Tj ET Q q 0 0 0 rg BT 311.63 301.10 Td (into ) Tj ET Q q 0 0 0 rg BT 331.03 301.10 Td (run-of) Tj ET Q q 0 0 0 rg BT 355.84 301.10 Td (f ) Tj ET Q q 0 0 0 rg BT 363.02 301.10 Td (during ) Tj ET Q q 0 0 0 rg BT 392.97 301.10 Td (2012. ) Tj ET Q q 0 0 0 rg BT 419.32 301.10 Td (Prior ) Tj ET Q q 0 0 0 rg BT 443.17 301.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.80 301.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 481.15 301.10 Td (Gateway) Tj ET Q q 0 0 0 rg BT 519.46 301.10 Td (s ) Tj ET Q q 0 0 0 rg BT 527.20 301.10 Td (workers) Tj ET Q q 0 0 0 rg BT 562.00 301.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 108.04 289.10 Td (program ) Tj ET Q q 0 0 0 rg BT 144.41 289.10 Td (had ) Tj ET Q q 0 0 0 rg BT 161.35 289.10 Td (been ) Tj ET Q q 0 0 0 rg BT 182.72 289.10 Td (100% ) Tj ET Q q 0 0 0 rg BT 208.55 289.10 Td (reinsured ) Tj ET Q q 0 0 0 rg BT 248.26 289.10 Td (retrospectively ) Tj ET Q q 0 0 0 rg BT 310.17 289.10 Td (and ) Tj ET Q q 0 0 0 rg BT 327.11 289.10 Td (prospectively ) Tj ET Q q 0 0 0 rg BT 383.48 289.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.75 289.10 Td (an ) Tj ET Q q 0 0 0 rg BT 405.69 289.10 Td (unrelated ) Tj ET Q q 0 0 0 rg BT 445.39 289.10 Td (third ) Tj ET Q q 0 0 0 rg BT 466.77 289.10 Td (party) Tj ET Q q 0 0 0 rg BT 486.67 289.10 Td (. ) Tj ET Q q 0 0 0 rg BT 491.67 289.10 Td ( ) Tj ET Q q 0 0 0 rg BT 493.99 289.10 Td (The ) Tj ET Q q 0 0 0 rg BT 512.03 289.10 Td (non-renewal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (process ) Tj ET Q q 0 0 0 rg BT 83.10 277.10 Td (related ) Tj ET Q q 0 0 0 rg BT 113.42 277.10 Td (to ) Tj ET Q q 0 0 0 rg BT 124.31 277.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.64 277.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 169.98 277.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 202.52 277.10 Td (homeowners ) Tj ET Q q 0 0 0 rg BT 256.74 277.10 Td (program ) Tj ET Q q 0 0 0 rg BT 293.73 277.10 Td (began ) Tj ET Q q 0 0 0 rg BT 320.72 277.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 343.27 277.10 Td (to ) Tj ET Q q 0 0 0 rg BT 353.48 277.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 377.17 277.10 Td ( ) Tj ET Q q 0 0 0 rg BT 380.29 277.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 427.28 277.10 Td (and ) Tj ET Q q 0 0 0 rg BT 444.84 277.10 Td (remains ) Tj ET Q q 0 0 0 rg BT 479.61 277.10 Td (underway) Tj ET Q q 0 0 0 rg BT 518.38 277.10 Td (. ) Tj ET Q q 0 0 0 rg BT 524.00 277.10 Td ( ) Tj ET Q q 0 0 0 rg BT 526.89 277.10 Td (This ) Tj ET Q q 0 0 0 rg BT 547.78 277.10 Td (is ) Tj ET Q q 0 0 0 rg BT 557.56 277.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (relatively ) Tj ET Q q 0 0 0 rg BT 91.03 265.10 Td (small ) Tj ET Q q 0 0 0 rg BT 115.97 265.10 Td (book ) Tj ET Q q 0 0 0 rg BT 139.25 265.10 Td (of ) Tj ET Q q 0 0 0 rg BT 150.86 265.10 Td (business, ) Tj ET Q q 0 0 0 rg BT 190.52 265.10 Td (which ) Tj ET Q q 0 0 0 rg BT 218.24 265.10 Td (is ) Tj ET Q q 0 0 0 rg BT 228.18 265.10 Td (substantially ) Tj ET Q q 0 0 0 rg BT 282.01 265.10 Td (reinsured. ) Tj ET Q q 0 0 0 rg BT 324.27 265.10 Td (American ) Tj ET Q q 0 0 0 rg BT 366.97 265.10 Td (Country) Tj ET Q q 0 0 0 rg BT 402.52 265.10 Td (s ) Tj ET Q q 0 0 0 rg BT 409.69 265.10 Td (taxi ) Tj ET Q q 0 0 0 rg BT 427.96 265.10 Td (workers) Tj ET Q q 0 0 0 rg BT 462.76 265.10 Td ( ) Tj ET Q q 0 0 0 rg BT 466.04 265.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 524.85 265.10 Td (was ) Tj ET Q q 0 0 0 rg BT 543.68 265.10 Td (non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (renewed ) Tj ET Q q 0 0 0 rg BT 85.92 253.10 Td (in ) Tj ET Q q 0 0 0 rg BT 95.75 253.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 117.79 253.10 Td (due ) Tj ET Q q 0 0 0 rg BT 134.28 253.10 Td (to ) Tj ET Q q 0 0 0 rg BT 144.11 253.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 174.49 253.10 Td (demand. ) Tj ET Q q 0 0 0 rg BT 210.24 253.10 Td (Assigned ) Tj ET Q q 0 0 0 rg BT 249.52 253.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 266.56 253.10 Td (pools ) Tj ET Q q 0 0 0 rg BT 290.28 253.10 Td (are ) Tj ET Q q 0 0 0 rg BT 304.54 253.10 Td (established ) Tj ET Q q 0 0 0 rg BT 351.02 253.10 Td (by ) Tj ET Q q 0 0 0 rg BT 363.07 253.10 Td (state ) Tj ET Q q 0 0 0 rg BT 383.45 253.10 Td (governments ) Tj ET Q q 0 0 0 rg BT 437.15 253.10 Td (to ) Tj ET Q q 0 0 0 rg BT 446.98 253.10 Td (cover ) Tj ET Q q 0 0 0 rg BT 471.24 253.10 Td (high-risk ) Tj ET Q q 0 0 0 rg BT 509.40 253.10 Td (insureds ) Tj ET Q q 0 0 0 rg BT 544.78 253.10 Td (who ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (cannot ) Tj ET Q q 0 0 0 rg BT 79.16 241.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 117.19 241.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 158.01 241.10 Td (through ) Tj ET Q q 0 0 0 rg BT 191.62 241.10 Td (conventional ) Tj ET Q q 0 0 0 rg BT 245.77 241.10 Td (means. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 224.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.43 224.10 Td (table ) Tj ET Q q 0 0 0 rg BT 131.37 224.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 181.63 224.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 205.24 224.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 247.74 224.10 Td (written ) Tj ET Q q 0 0 0 rg BT 278.56 224.10 Td (by ) Tj ET Q q 0 0 0 rg BT 291.06 224.10 Td (line ) Tj ET Q q 0 0 0 rg BT 308.56 224.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.39 224.10 Td (business.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 199.35 Td (Gr) Tj ET Q q 0 0 0 rg BT 62.04 199.35 Td (oss pr) Tj ET Q q 0 0 0 rg BT 87.14 199.35 Td (emium written by line of business \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 164.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 164.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 164.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 164.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 134.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 134.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 134.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 134.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 193.60000000000002 m 412.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 178.60000000000002 m 412.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 193.60000000000002 m 487.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 178.60000000000002 m 487.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 193.60000000000002 m 562.5 193.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 178.60000000000002 m 562.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 178.60000000000002 m 412.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 164.60000000000002 m 412.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 178.60000000000002 m 487.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 164.60000000000002 m 487.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 178.60000000000002 m 562.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 164.60000000000002 m 562.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 164.60000000000002 m 412.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 164.60000000000002 m 487.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 164.60000000000002 m 562.5 164.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 134.60000000000002 m 412.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 134.60000000000002 m 487.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 134.60000000000002 m 562.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 134.60000000000002 m 412.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 120.60000000000002 m 412.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 118.60000000000002 m 412.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 134.60000000000002 m 487.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 120.60000000000002 m 487.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 118.60000000000002 m 487.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 134.60000000000002 m 562.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 120.60000000000002 m 562.5 120.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 118.60000000000002 m 562.5 118.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.10 183.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 367.68 183.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.40 169.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 360.19 169.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.40 169.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.19 169.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.85 169.28 Td (% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 154.27 Td (Commercial automobile) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 154.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 154.27 Td (94,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 154.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 154.27 Td (98,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 154.27 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 154.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 139.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 139.27 Td (823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 139.27 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 139.27 Td (335.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 139.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 124.28 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 124.28 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 124.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 124.27 Td (95,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 124.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 124.27 Td (98,496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 124.27 Td (\(3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 124.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 71 0 obj <>] /Rotate 0 /Contents 72 0 R>> endobj 72 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Gross ) Tj ET Q q 0 0 0 rg BT 76.08 742.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 118.82 742.10 Td (written ) Tj ET Q q 0 0 0 rg BT 149.89 742.10 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.05 742.10 Td (3.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.88 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 215.63 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 230.03 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.00 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 267.73 742.10 Td (month ) Tj ET Q q 0 0 0 rg BT 296.03 742.10 Td (period ) Tj ET Q q 0 0 0 rg BT 324.32 742.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 350.94 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 379.79 742.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 395.03 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.03 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 417.78 742.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 459.95 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 470.47 742.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.44 742.10 Td (three ) Tj ET Q q 0 0 0 rg BT 508.17 742.10 Td (month ) Tj ET Q q 0 0 0 rg BT 536.47 742.10 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 77.15 730.10 Td (March ) Tj ET Q q 0 0 0 rg BT 106.51 730.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 122.28 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.28 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 145.55 730.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 186.03 730.10 Td (due ) Tj ET Q q 0 0 0 rg BT 203.74 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 214.79 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 230.27 730.10 Td (non-renewal ) Tj ET Q q 0 0 0 rg BT 283.52 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.12 730.10 Td (one ) Tj ET Q q 0 0 0 rg BT 312.82 730.10 Td (lar) Tj ET Q q 0 0 0 rg BT 323.19 730.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 335.90 730.10 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 367.50 730.10 Td (taxi ) Tj ET Q q 0 0 0 rg BT 385.77 730.10 Td (fleet ) Tj ET Q q 0 0 0 rg BT 406.80 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 418.40 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 426.11 730.10 Td (result ) Tj ET Q q 0 0 0 rg BT 451.59 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 463.19 730.10 Td (disciplined ) Tj ET Q q 0 0 0 rg BT 510.34 730.10 Td (underwriting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (practices. ) Tj ET Q q 0 0 0 rg BT 89.87 718.10 Td (New ) Tj ET Q q 0 0 0 rg BT 110.59 718.10 Td (business ) Tj ET Q q 0 0 0 rg BT 146.32 718.10 Td (represented ) Tj ET Q q 0 0 0 rg BT 194.24 718.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.84 718.10 Td (27.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.67 718.10 Td ( ) Tj ET Q q 0 0 0 rg BT 281.51 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 291.68 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 305.73 718.10 Td (total ) Tj ET Q q 0 0 0 rg BT 325.34 718.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 348.30 718.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 390.13 718.10 Td (written ) Tj ET Q q 0 0 0 rg BT 420.29 718.10 Td (on ) Tj ET Q q 0 0 0 rg BT 432.13 718.10 Td (our ) Tj ET Q q 0 0 0 rg BT 447.30 718.10 Td (core ) Tj ET Q q 0 0 0 rg BT 466.35 718.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 487.07 718.10 Td (for ) Tj ET Q q 0 0 0 rg BT 500.57 718.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.62 718.10 Td (three ) Tj ET Q q 0 0 0 rg BT 536.45 718.10 Td (month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (period ) Tj ET Q q 0 0 0 rg BT 77.75 706.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 103.83 706.10 Td (March ) Tj ET Q q 0 0 0 rg BT 132.14 706.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 146.84 706.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.84 706.10 Td (, ) Tj ET Q q 0 0 0 rg BT 171.55 706.10 Td (as ) Tj ET Q q 0 0 0 rg BT 182.08 706.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 223.71 706.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.69 706.10 Td (51.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.52 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 261.73 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 275.59 706.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.01 706.10 Td (three ) Tj ET Q q 0 0 0 rg BT 312.20 706.10 Td (month ) Tj ET Q q 0 0 0 rg BT 339.96 706.10 Td (period ) Tj ET Q q 0 0 0 rg BT 367.71 706.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 393.80 706.10 Td (March ) Tj ET Q q 0 0 0 rg BT 422.10 706.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 436.80 706.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 461.51 706.10 Td (New ) Tj ET Q q 0 0 0 rg BT 482.60 706.10 Td (business ) Tj ET Q q 0 0 0 rg BT 518.69 706.10 Td (was ) Tj ET Q q 0 0 0 rg BT 536.45 706.10 Td (higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.14 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.72 694.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 96.52 694.10 Td (year ) Tj ET Q q 0 0 0 rg BT 116.09 694.10 Td (period ) Tj ET Q q 0 0 0 rg BT 144.00 694.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 183.57 694.10 Td (due ) Tj ET Q q 0 0 0 rg BT 200.37 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.51 694.10 Td (one ) Tj ET Q q 0 0 0 rg BT 227.32 694.10 Td (lar) Tj ET Q q 0 0 0 rg BT 237.68 694.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 249.31 694.10 Td (TNC ) Tj ET Q q 0 0 0 rg BT 271.67 694.10 Td (fleet ) Tj ET Q q 0 0 0 rg BT 291.80 694.10 Td (accounted ) Tj ET Q q 0 0 0 rg BT 334.69 694.10 Td (for ) Tj ET Q q 0 0 0 rg BT 348.72 694.10 Td (approximately ) Tj ET Q q 0 0 0 rg BT 408.84 694.10 Td (18.3% ) Tj ET Q q 0 0 0 rg BT 437.03 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 447.72 694.10 Td (total ) Tj ET Q q 0 0 0 rg BT 467.86 694.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 491.33 694.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 533.69 694.10 Td (written ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (for ) Tj ET Q q 0 0 0 rg BT 64.16 682.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.88 682.10 Td (three ) Tj ET Q q 0 0 0 rg BT 101.36 682.10 Td (month ) Tj ET Q q 0 0 0 rg BT 129.42 682.10 Td (period ) Tj ET Q q 0 0 0 rg BT 157.47 682.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 183.84 682.10 Td (March ) Tj ET Q q 0 0 0 rg BT 212.44 682.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 227.44 682.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.44 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 252.26 682.10 Td (This ) Tj ET Q q 0 0 0 rg BT 272.54 682.10 Td (account ) Tj ET Q q 0 0 0 rg BT 306.13 682.10 Td (was ) Tj ET Q q 0 0 0 rg BT 324.18 682.10 Td (renewed ) Tj ET Q q 0 0 0 rg BT 360.55 682.10 Td (in ) Tj ET Q q 0 0 0 rg BT 370.83 682.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.55 682.10 Td (three ) Tj ET Q q 0 0 0 rg BT 408.03 682.10 Td (month ) Tj ET Q q 0 0 0 rg BT 436.09 682.10 Td (period ) Tj ET Q q 0 0 0 rg BT 464.14 682.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 490.51 682.10 Td (March ) Tj ET Q q 0 0 0 rg BT 519.11 682.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 534.11 682.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.11 682.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.10 Td (In-force ) Tj ET Q q 0 0 0 rg BT 83.97 665.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 121.85 665.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.17 665.10 Td ($274.6 ) Tj ET Q q 0 0 0 rg BT 168.45 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.34 665.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.61 665.10 Td ($268.5 ) Tj ET Q q 0 0 0 rg BT 230.89 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.78 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 261.55 665.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.77 665.10 Td ($255.8 ) Tj ET Q q 0 0 0 rg BT 307.04 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.93 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 337.71 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 347.81 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.91 665.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 400.79 665.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.79 665.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.06 665.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 482.92 665.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.92 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 504.69 665.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.90 665.10 Td (March31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 653.10 Td (, ) Tj ET Q q 0 0 0 rg BT 74.87 653.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 122.53 653.10 Td (. ) Tj ET Q q 0 0 0 rg BT 127.23 653.10 Td (The ) Tj ET Q q 0 0 0 rg BT 145.15 653.10 Td (Company) Tj ET Q q 0 0 0 rg BT 186.81 653.10 Td (s ) Tj ET Q q 0 0 0 rg BT 193.07 653.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 216.55 653.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 255.57 653.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 294.04 653.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 329.17 653.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.97 653.10 Td ($156.5 ) Tj ET Q q 0 0 0 rg BT 380.84 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.73 653.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.60 653.10 Td ($128.0 ) Tj ET Q q 0 0 0 rg BT 444.47 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.36 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.73 653.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.54 653.10 Td ($151.6 ) Tj ET Q q 0 0 0 rg BT 522.41 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.30 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 653.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.76 641.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 104.28 641.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.28 641.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.21 641.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 187.72 641.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.72 641.10 Td ( ) Tj ET Q q 0 0 0 rg BT 210.15 641.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.01 641.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 270.54 641.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.54 641.10 Td (, ) Tj ET Q q 0 0 0 rg BT 295.46 641.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 343.13 641.10 Td (. ) Tj ET Q q 0 0 0 rg BT 347.88 641.10 Td (The ) Tj ET Q q 0 0 0 rg BT 365.85 641.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 401.03 641.10 Td (in ) Tj ET Q q 0 0 0 rg BT 411.24 641.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 434.78 641.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 473.85 641.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 512.38 641.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 547.56 641.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.10 Td (in-force ) Tj ET Q q 0 0 0 rg BT 84.68 629.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 123.82 629.10 Td (since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.40 629.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 206.52 629.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.52 629.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.56 629.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 269.81 629.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 304.50 629.10 Td (from ) Tj ET Q q 0 0 0 rg BT 326.97 629.10 Td (our ) Tj ET Q q 0 0 0 rg BT 343.34 629.10 Td (January ) Tj ET Q q 0 0 0 rg BT 377.48 629.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 385.51 629.10 Td (and ) Tj ET Q q 0 0 0 rg BT 402.99 629.10 Td (March ) Tj ET Q q 0 0 0 rg BT 432.12 629.10 Td (1 ) Tj ET Q q 0 0 0 rg BT 440.16 629.10 Td (common ) Tj ET Q q 0 0 0 rg BT 478.19 629.10 Td (public ) Tj ET Q q 0 0 0 rg BT 506.22 629.10 Td (motor ) Tj ET Q q 0 0 0 rg BT 533.14 629.10 Td (vehicle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.10 Td (renewal ) Tj ET Q q 0 0 0 rg BT 83.88 617.10 Td (business ) Tj ET Q q 0 0 0 rg BT 120.01 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 130.03 617.10 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 160.61 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 177.28 617.10 Td (New ) Tj ET Q q 0 0 0 rg BT 198.07 617.10 Td (Y) Tj ET Q q 0 0 0 rg BT 204.29 617.10 Td (ork, ) Tj ET Q q 0 0 0 rg BT 222.36 617.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 270.02 617.10 Td (, ) Tj ET Q q 0 0 0 rg BT 274.76 617.10 Td (coupled ) Tj ET Q q 0 0 0 rg BT 308.65 617.10 Td (with ) Tj ET Q q 0 0 0 rg BT 328.67 617.10 Td (or) Tj ET Q q 0 0 0 rg BT 336.82 617.10 Td (ganic ) Tj ET Q q 0 0 0 rg BT 360.71 617.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 391.28 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 401.30 617.10 Td (other ) Tj ET Q q 0 0 0 rg BT 424.09 617.10 Td (jurisdictions. ) Tj ET Q q 0 0 0 rg BT 478.11 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 495.89 617.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 530.89 617.10 Td (in ) Tj ET Q q 0 0 0 rg BT 540.90 617.10 Td (gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (unearned ) Tj ET Q q 0 0 0 rg BT 90.49 605.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 130.45 605.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 167.05 605.10 Td (and ) Tj ET Q q 0 0 0 rg BT 185.34 605.10 Td (in-force ) Tj ET Q q 0 0 0 rg BT 220.83 605.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 260.78 605.10 Td (since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.18 605.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 330.13 605.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.13 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 353.97 605.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 395.03 605.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 430.54 605.10 Td (from ) Tj ET Q q 0 0 0 rg BT 453.82 605.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 486.00 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 498.18 605.10 Td (para-transit ) Tj ET Q q 0 0 0 rg BT 547.56 605.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.10 Td (limousine ) Tj ET Q q 0 0 0 rg BT 92.23 593.10 Td (business ) Tj ET Q q 0 0 0 rg BT 128.90 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 139.46 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.46 593.10 Td (states ) Tj ET Q q 0 0 0 rg BT 179.46 593.10 Td (of ) Tj ET Q q 0 0 0 rg BT 190.58 593.10 Td (New ) Tj ET Q q 0 0 0 rg BT 211.83 593.10 Td (Y) Tj ET Q q 0 0 0 rg BT 218.05 593.10 Td (ork, ) Tj ET Q q 0 0 0 rg BT 236.66 593.10 Td (New ) Tj ET Q q 0 0 0 rg BT 258.33 593.10 Td (Jersey ) Tj ET Q q 0 0 0 rg BT 286.10 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 303.32 593.10 Td (California ) Tj ET Q q 0 0 0 rg BT 346.65 593.10 Td (of) Tj ET Q q 0 0 0 rg BT 354.80 593.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 372.02 593.10 Td (by ) Tj ET Q q 0 0 0 rg BT 384.80 593.10 Td (decreases ) Tj ET Q q 0 0 0 rg BT 425.89 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 436.45 593.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 466.44 593.10 Td (business ) Tj ET Q q 0 0 0 rg BT 503.11 593.10 Td (in ) Tj ET Q q 0 0 0 rg BT 513.67 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 528.67 593.10 Td (states ) Tj ET Q q 0 0 0 rg BT 553.67 593.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (California, ) Tj ET Q q 0 0 0 rg BT 95.54 581.10 Td (Louisiana ) Tj ET Q q 0 0 0 rg BT 137.48 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 154.41 581.10 Td (Pennsylvania ) Tj ET Q q 0 0 0 rg BT 210.24 581.10 Td (and ) Tj ET Q q 0 0 0 rg BT 227.18 581.10 Td (across ) Tj ET Q q 0 0 0 rg BT 254.67 581.10 Td (all ) Tj ET Q q 0 0 0 rg BT 267.16 581.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 288.55 581.10 Td (in ) Tj ET Q q 0 0 0 rg BT 298.83 581.10 Td (Michigan. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (Geographic Concentration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 547.10 Td (following ) Tj ET Q q 0 0 0 rg BT 109.43 547.10 Td (table ) Tj ET Q q 0 0 0 rg BT 131.37 547.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 181.63 547.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 205.24 547.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 247.74 547.10 Td (written ) Tj ET Q q 0 0 0 rg BT 278.56 547.10 Td (by ) Tj ET Q q 0 0 0 rg BT 291.06 547.10 Td (state ) Tj ET Q q 0 0 0 rg BT 311.89 547.10 Td (for ) Tj ET Q q 0 0 0 rg BT 326.05 547.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.77 547.10 Td (three ) Tj ET Q q 0 0 0 rg BT 363.25 547.10 Td (month ) Tj ET Q q 0 0 0 rg BT 391.31 547.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 423.25 547.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 449.62 547.10 Td (March ) Tj ET Q q 0 0 0 rg BT 478.22 547.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 493.22 547.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 515.72 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 532.66 547.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.66 547.10 Td (:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 522.35 Td (Gr) Tj ET Q q 0 0 0 rg BT 62.04 522.35 Td (oss pr) Tj ET Q q 0 0 0 rg BT 87.14 522.35 Td (emium written by state \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 488.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 488.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 488.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 488.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 458.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 458.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 458.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 458.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 458.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 428.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 428.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 428.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 428.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 428.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 398.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 398.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 398.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 398.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 368.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 368.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 368.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 368.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 368.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 338.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 338.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 338.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 338.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 516.6 m 382.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 502.6 m 382.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 516.6 m 442.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 502.6 m 442.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 516.6 m 502.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 502.6 m 502.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 516.6 m 562.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 502.6 m 562.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 502.6 m 382.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 488.6 m 382.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 502.6 m 442.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 502.6 m 502.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 502.6 m 562.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 488.6 m 382.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 488.6 m 442.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 488.6 m 502.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 488.6 m 562.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 323.6 m 382.5 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 309.6 m 382.5 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 307.6 m 382.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 323.6 m 442.5 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 309.6 m 442.5 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 307.6 m 442.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 323.6 m 502.5 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 309.6 m 502.5 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 307.6 m 502.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 323.6 m 562.5 323.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 309.6 m 562.5 309.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 307.6 m 562.5 307.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.10 507.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 397.68 507.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.90 493.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 367.69 493.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.90 493.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 487.60 493.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 478.27 Td (New ) Tj ET Q q 0 0 0 rg BT 74.20 478.27 Td (Y) Tj ET Q q 0 0 0 rg BT 80.73 478.27 Td (ork) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 478.27 Td (44,31) Tj ET Q q 0 0 0 rg BT 373.65 478.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 478.27 Td (46.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 478.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 478.27 Td (46,538) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 478.27 Td (47.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 478.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 463.27 Td (California) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 463.27 Td (13,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 463.27 Td (14.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 463.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 463.27 Td (14,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 463.27 Td (14.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 463.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.27 Td (Illinois) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 448.27 Td (7,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 448.27 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 448.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 448.27 Td (10,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 448.27 Td (10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 448.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 433.27 Td (Nevad) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.10 433.27 Td (a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 433.27 Td (3,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 433.27 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 433.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 433.27 Td (3,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 433.27 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 433.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.27 Td (New Je) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.71 418.27 Td (rsey) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 418.27 Td (2,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 418.27 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 418.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 418.27 Td (2,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 418.27 Td (2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 418.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.27 Td (V) Tj ET Q q 0 0 0 rg BT 59.92 403.27 Td (ir) Tj ET Q q 0 0 0 rg BT 65.64 403.27 Td (ginia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 403.27 Td (2,21) Tj ET Q q 0 0 0 rg BT 373.65 403.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 403.27 Td (2.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 403.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 403.27 Td (1,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 403.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 403.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 388.27 Td (Louisian) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 388.27 Td (a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 388.27 Td (1,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 388.27 Td (2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 388.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 388.27 Td (1,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 388.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 388.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 373.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 373.27 Td (exa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.29 373.27 Td (s) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 373.27 Td (1,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 373.27 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 373.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 373.27 Td (1,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 373.27 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 373.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.27 Td (Minnesota) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 358.27 Td (1,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 358.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 358.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 358.27 Td (172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 358.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 358.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 343.27 Td (W) Tj ET Q q 0 0 0 rg BT 61.64 343.27 Td (ashingto) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.52 343.27 Td (n) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 343.27 Td (1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 343.27 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 343.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 343.27 Td (1,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 343.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 343.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 328.27 Td (15,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 328.27 Td (15.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 328.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 328.27 Td (14,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 328.27 Td (14.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 328.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 313.28 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 313.28 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.00 313.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 313.27 Td (95,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 313.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 313.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.00 313.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 313.27 Td (98,496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 313.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 313.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 79.72 292.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 90.09 292.10 Td (emiums ) Tj ET Q q 0 0 0 rg BT 125.74 292.10 Td (W) Tj ET Q q 0 0 0 rg BT 135.56 292.10 Td (ritten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.10 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 76.84 275.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 118.12 275.10 Td (written ) Tj ET Q q 0 0 0 rg BT 147.74 275.10 Td (is ) Tj ET Q q 0 0 0 rg BT 155.70 275.10 Td (equal ) Tj ET Q q 0 0 0 rg BT 178.65 275.10 Td (to ) Tj ET Q q 0 0 0 rg BT 187.71 275.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 229.00 275.10 Td (ceded ) Tj ET Q q 0 0 0 rg BT 253.61 275.10 Td (under ) Tj ET Q q 0 0 0 rg BT 277.66 275.10 Td (the ) Tj ET Q q 0 0 0 rg BT 291.17 275.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 314.68 275.10 Td (of ) Tj ET Q q 0 0 0 rg BT 324.01 275.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 347.71 275.10 Td ( ) Tj ET Q q 0 0 0 rg BT 349.00 275.10 Td (in-force ) Tj ET Q q 0 0 0 rg BT 381.94 275.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 429.31 275.10 Td (treaties. ) Tj ET Q q 0 0 0 rg BT 461.69 275.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 484.09 275.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 522.58 275.10 Td (purchases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 98.99 263.10 Td (in ) Tj ET Q q 0 0 0 rg BT 109.67 263.10 Td (an ) Tj ET Q q 0 0 0 rg BT 122.01 263.10 Td (ef) Tj ET Q q 0 0 0 rg BT 129.59 263.10 Td (fort ) Tj ET Q q 0 0 0 rg BT 146.93 263.10 Td (to ) Tj ET Q q 0 0 0 rg BT 157.61 263.10 Td (limit ) Tj ET Q q 0 0 0 rg BT 179.41 263.10 Td (net ) Tj ET Q q 0 0 0 rg BT 194.53 263.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 233.53 263.10 Td (on ) Tj ET Q q 0 0 0 rg BT 246.43 263.10 Td (any ) Tj ET Q q 0 0 0 rg BT 263.77 263.10 Td (one ) Tj ET Q q 0 0 0 rg BT 281.11 263.10 Td (claim ) Tj ET Q q 0 0 0 rg BT 306.22 263.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.90 263.10 Td (a ) Tj ET Q q 0 0 0 rg BT 324.24 263.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 367.70 263.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 400.59 263.10 Td (of ) Tj ET Q q 0 0 0 rg BT 411.83 263.10 Td ($500,000 ) Tj ET Q q 0 0 0 rg BT 452.23 263.10 Td (with ) Tj ET Q q 0 0 0 rg BT 472.91 263.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 504.13 263.10 Td (to ) Tj ET Q q 0 0 0 rg BT 514.81 263.10 Td (commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 97.72 251.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 131.55 251.10 Td (claims. ) Tj ET Q q 0 0 0 rg BT 162.28 251.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 186.12 251.10 Td (also ) Tj ET Q q 0 0 0 rg BT 204.95 251.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 247.11 251.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 295.92 251.10 Td (in ) Tj ET Q q 0 0 0 rg BT 306.42 251.10 Td (an ) Tj ET Q q 0 0 0 rg BT 318.59 251.10 Td (ef) Tj ET Q q 0 0 0 rg BT 326.18 251.10 Td (fort ) Tj ET Q q 0 0 0 rg BT 343.34 251.10 Td (to ) Tj ET Q q 0 0 0 rg BT 353.85 251.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 384.34 251.10 Td (against ) Tj ET Q q 0 0 0 rg BT 415.39 251.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 446.44 251.10 Td (in ) Tj ET Q q 0 0 0 rg BT 456.94 251.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 485.77 251.10 Td (of ) Tj ET Q q 0 0 0 rg BT 496.83 251.10 Td (its ) Tj ET Q q 0 0 0 rg BT 509.00 251.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 536.72 251.10 Td (limits. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 59.26 239.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 89.67 239.10 Td (July ) Tj ET Q q 0 0 0 rg BT 109.56 239.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 120.27 239.10 Td (2014, ) Tj ET Q q 0 0 0 rg BT 145.28 239.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 169.60 239.10 Td (implemented ) Tj ET Q q 0 0 0 rg BT 225.02 239.10 Td (a ) Tj ET Q q 0 0 0 rg BT 232.67 239.10 Td (quota ) Tj ET Q q 0 0 0 rg BT 258.11 239.10 Td (share ) Tj ET Q q 0 0 0 rg BT 282.42 239.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 331.72 239.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 376.57 239.10 Td (with ) Tj ET Q q 0 0 0 rg BT 397.56 239.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 424.12 239.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 476.05 239.10 Td (America ) Tj ET Q q 0 0 0 rg BT 513.69 239.10 Td (Corporation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.10 Td (\(Swiss ) Tj ET Q q 0 0 0 rg BT 82.59 227.10 Td (Re\) ) Tj ET Q q 0 0 0 rg BT 102.94 227.10 Td (for ) Tj ET Q q 0 0 0 rg BT 116.07 227.10 Td (its ) Tj ET Q q 0 0 0 rg BT 126.99 227.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 175.66 227.10 Td (auto ) Tj ET Q q 0 0 0 rg BT 194.35 227.10 Td (and ) Tj ET Q q 0 0 0 rg BT 210.27 227.10 Td (general ) Tj ET Q q 0 0 0 rg BT 241.16 227.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 273.75 227.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 294.11 227.10 Td (of ) Tj ET Q q 0 0 0 rg BT 303.91 227.10 Td (business ) Tj ET Q q 0 0 0 rg BT 339.28 227.10 Td (\(Quota ) Tj ET Q q 0 0 0 rg BT 372.96 227.10 Td (Share\) ) Tj ET Q q 0 0 0 rg BT 404.97 227.10 Td (written ) Tj ET Q q 0 0 0 rg BT 434.77 227.10 Td (by ) Tj ET Q q 0 0 0 rg BT 445.91 227.10 Td (American ) Tj ET Q q 0 0 0 rg BT 486.81 227.10 Td (Country) Tj ET Q q 0 0 0 rg BT 518.94 227.10 Td (, ) Tj ET Q q 0 0 0 rg BT 522.59 227.10 Td (American ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (Service ) Tj ET Q q 0 0 0 rg BT 81.93 215.10 Td (and ) Tj ET Q q 0 0 0 rg BT 98.30 215.10 Td (Gateway) Tj ET Q q 0 0 0 rg BT 133.19 215.10 Td (, ) Tj ET Q q 0 0 0 rg BT 137.63 215.10 Td (or ) Tj ET Q q 0 0 0 rg BT 147.90 215.10 Td (collectively ) Tj ET Q q 0 0 0 rg BT 196.49 215.10 Td (ASI ) Tj ET Q q 0 0 0 rg BT 218.98 215.10 Td (Pool ) Tj ET Q q 0 0 0 rg BT 239.26 215.10 Td (Subsidiaries. ) Tj ET Q q 0 0 0 rg BT 296.88 215.10 Td (This ) Tj ET Q q 0 0 0 rg BT 316.60 215.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 364.63 215.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 408.21 215.10 Td (had ) Tj ET Q q 0 0 0 rg BT 424.58 215.10 Td (an ) Tj ET Q q 0 0 0 rg BT 435.96 215.10 Td (initial ) Tj ET Q q 0 0 0 rg BT 461.23 215.10 Td (cession ) Tj ET Q q 0 0 0 rg BT 492.61 215.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 509.54 215.10 Td (of ) Tj ET Q q 0 0 0 rg BT 519.81 215.10 Td (5%, ) Tj ET Q q 0 0 0 rg BT 537.58 215.10 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (was ) Tj ET Q q 0 0 0 rg BT 67.88 203.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 107.97 203.10 Td (to ) Tj ET Q q 0 0 0 rg BT 118.08 203.10 Td (15% ) Tj ET Q q 0 0 0 rg BT 138.74 203.10 Td (ef) Tj ET Q q 0 0 0 rg BT 146.32 203.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 175.34 203.10 Td (April ) Tj ET Q q 0 0 0 rg BT 198.78 203.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 208.61 203.10 Td (2015 ) Tj ET Q q 0 0 0 rg BT 230.94 203.10 Td (and ) Tj ET Q q 0 0 0 rg BT 247.71 203.10 Td (then ) Tj ET Q q 0 0 0 rg BT 267.26 203.10 Td (was ) Tj ET Q q 0 0 0 rg BT 285.14 203.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 326.89 203.10 Td (to ) Tj ET Q q 0 0 0 rg BT 336.99 203.10 Td (5% ) Tj ET Q q 0 0 0 rg BT 352.66 203.10 Td (ef) Tj ET Q q 0 0 0 rg BT 360.24 203.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 389.78 203.10 Td (July ) Tj ET Q q 0 0 0 rg BT 408.78 203.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 418.61 203.10 Td (2016. ) Tj ET Q q 0 0 0 rg BT 443.27 203.10 Td (The ) Tj ET Q q 0 0 0 rg BT 461.15 203.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 487.92 203.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 513.01 203.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 549.78 203.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 91.39 191.10 Td (with ) Tj ET Q q 0 0 0 rg BT 111.67 191.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 149.15 191.10 Td (flexibility ) Tj ET Q q 0 0 0 rg BT 191.08 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 201.36 191.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 234.96 191.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 272.99 191.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 303.82 191.10 Td (and ) Tj ET Q q 0 0 0 rg BT 320.76 191.10 Td (the ) Tj ET Q q 0 0 0 rg BT 335.47 191.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 364.09 191.10 Td (of ) Tj ET Q q 0 0 0 rg BT 374.92 191.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 412.41 191.10 Td (future ) Tj ET Q q 0 0 0 rg BT 438.78 191.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 467.93 191.10 Td (raising ) Tj ET Q q 0 0 0 rg BT 497.65 191.10 Td (activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 79.63 174.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 111.48 174.10 Td (has ) Tj ET Q q 0 0 0 rg BT 127.22 174.10 Td (a ) Tj ET Q q 0 0 0 rg BT 134.07 174.10 Td (25% ) Tj ET Q q 0 0 0 rg BT 154.82 174.10 Td (quota ) Tj ET Q q 0 0 0 rg BT 179.45 174.10 Td (share ) Tj ET Q q 0 0 0 rg BT 202.96 174.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 251.46 174.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 295.51 174.10 Td (with ) Tj ET Q q 0 0 0 rg BT 315.70 174.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 341.46 174.10 Td (Re ) Tj ET Q q 0 0 0 rg BT 354.98 174.10 Td (for ) Tj ET Q q 0 0 0 rg BT 369.06 174.10 Td (its ) Tj ET Q q 0 0 0 rg BT 380.92 174.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 430.53 174.10 Td (auto ) Tj ET Q q 0 0 0 rg BT 450.16 174.10 Td (and ) Tj ET Q q 0 0 0 rg BT 467.01 174.10 Td (general ) Tj ET Q q 0 0 0 rg BT 498.85 174.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 532.37 174.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 553.67 174.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (business ) Tj ET Q q 0 0 0 rg BT 86.33 162.10 Td (\(Global ) Tj ET Q q 0 0 0 rg BT 123.75 162.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 150.63 162.10 Td (Share\). ) Tj ET Q q 0 0 0 rg BT 185.93 162.10 Td (The ) Tj ET Q q 0 0 0 rg BT 203.91 162.10 Td (cession ) Tj ET Q q 0 0 0 rg BT 235.79 162.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 253.21 162.10 Td (of ) Tj ET Q q 0 0 0 rg BT 263.98 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 278.64 162.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 305.51 162.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 330.72 162.10 Td (and ) Tj ET Q q 0 0 0 rg BT 347.60 162.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 377.25 162.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 404.13 162.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 429.33 162.10 Td (remained ) Tj ET Q q 0 0 0 rg BT 468.97 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 483.63 162.10 Td (same ) Tj ET Q q 0 0 0 rg BT 506.61 162.10 Td (for ) Tj ET Q q 0 0 0 rg BT 520.71 162.10 Td (the ) Tj ET Q q 0 0 0 rg BT 535.37 162.10 Td (twelve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (month ) Tj ET Q q 0 0 0 rg BT 78.08 150.10 Td (period ) Tj ET Q q 0 0 0 rg BT 106.15 150.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 132.54 150.10 Td (December ) Tj ET Q q 0 0 0 rg BT 176.15 150.10 Td (31,2017 ) Tj ET Q q 0 0 0 rg BT 211.17 150.10 Td (and ) Tj ET Q q 0 0 0 rg BT 228.13 150.10 Td (for ) Tj ET Q q 0 0 0 rg BT 242.31 150.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.05 150.10 Td (three ) Tj ET Q q 0 0 0 rg BT 279.55 150.10 Td (month ) Tj ET Q q 0 0 0 rg BT 307.63 150.10 Td (period ) Tj ET Q q 0 0 0 rg BT 335.70 150.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 362.10 150.10 Td (March ) Tj ET Q q 0 0 0 rg BT 390.72 150.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 405.74 150.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.74 150.10 Td (. ) Tj ET Q q 0 0 0 rg BT 430.58 150.10 Td (The ) Tj ET Q q 0 0 0 rg BT 448.64 150.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 475.60 150.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 500.89 150.10 Td (cession ) Tj ET Q q 0 0 0 rg BT 532.85 150.10 Td (rate ) Tj ET Q q 0 0 0 rg BT 550.36 150.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.17 138.10 Td (ASI ) Tj ET Q q 0 0 0 rg BT 82.78 138.10 Td (Pool ) Tj ET Q q 0 0 0 rg BT 103.62 138.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 155.00 138.10 Td (will ) Tj ET Q q 0 0 0 rg BT 173.06 138.10 Td (be ) Tj ET Q q 0 0 0 rg BT 185.00 138.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 225.25 138.10 Td (to ) Tj ET Q q 0 0 0 rg BT 235.53 138.10 Td (30% ) Tj ET Q q 0 0 0 rg BT 256.36 138.10 Td (ef) Tj ET Q q 0 0 0 rg BT 263.95 138.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 293.10 138.10 Td (April ) Tj ET Q q 0 0 0 rg BT 316.71 138.10 Td (1, ) Tj ET Q q 0 0 0 rg BT 326.71 138.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 351.71 138.10 Td (while ) Tj ET Q q 0 0 0 rg BT 376.43 138.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.14 138.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 420.86 138.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 447.80 138.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 473.07 138.10 Td (will ) Tj ET Q q 0 0 0 rg BT 491.12 138.10 Td (remain ) Tj ET Q q 0 0 0 rg BT 521.39 138.10 Td (at ) Tj ET Q q 0 0 0 rg BT 531.10 138.10 Td (25%.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 77.58 121.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 119.62 121.10 Td (written ) Tj ET Q q 0 0 0 rg BT 149.98 121.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 189.77 121.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.81 121.10 Td (4.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.64 121.10 Td ( ) Tj ET Q q 0 0 0 rg BT 224.68 121.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.49 121.10 Td ($13.4 ) Tj ET Q q 0 0 0 rg BT 259.03 121.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.92 121.10 Td ( ) Tj ET Q q 0 0 0 rg BT 289.96 121.10 Td (for ) Tj ET Q q 0 0 0 rg BT 303.66 121.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.91 121.10 Td (three ) Tj ET Q q 0 0 0 rg BT 339.93 121.10 Td (month ) Tj ET Q q 0 0 0 rg BT 367.53 121.10 Td (period ) Tj ET Q q 0 0 0 rg BT 395.11 121.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 421.03 121.10 Td (March ) Tj ET Q q 0 0 0 rg BT 449.16 121.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 463.70 121.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.70 121.10 Td (, ) Tj ET Q q 0 0 0 rg BT 488.24 121.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 529.70 121.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.52 121.10 Td ($12.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 109.10 Td ( ) Tj ET Q q 0 0 0 rg BT 80.93 109.10 Td (for ) Tj ET Q q 0 0 0 rg BT 94.64 109.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.90 109.10 Td (three ) Tj ET Q q 0 0 0 rg BT 130.92 109.10 Td (month ) Tj ET Q q 0 0 0 rg BT 158.52 109.10 Td (period ) Tj ET Q q 0 0 0 rg BT 186.11 109.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 212.03 109.10 Td (March ) Tj ET Q q 0 0 0 rg BT 240.17 109.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 254.72 109.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.72 109.10 Td (, ) Tj ET Q q 0 0 0 rg BT 279.26 109.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 318.51 109.10 Td (due ) Tj ET Q q 0 0 0 rg BT 334.99 109.10 Td (to ) Tj ET Q q 0 0 0 rg BT 344.81 109.10 Td (an ) Tj ET Q q 0 0 0 rg BT 356.29 109.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 391.09 109.10 Td (in ) Tj ET Q q 0 0 0 rg BT 400.91 109.10 Td (price ) Tj ET Q q 0 0 0 rg BT 422.94 109.10 Td (to ) Tj ET Q q 0 0 0 rg BT 432.76 109.10 Td (obtain ) Tj ET Q q 0 0 0 rg BT 459.80 109.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 487.94 109.10 Td (of ) Tj ET Q q 0 0 0 rg BT 498.31 109.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 515.92 109.10 Td (reinsurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (coverage.) Tj ET Q endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 742.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.86 742.25 Td (emiums ) Tj ET Q q 0 0 0 rg BT 113.51 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 123.33 742.25 Td (ritten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.85 725.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 111.25 725.25 Td (written ) Tj ET Q q 0 0 0 rg BT 142.98 725.25 Td (is ) Tj ET Q q 0 0 0 rg BT 153.06 725.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 178.12 725.25 Td (to ) Tj ET Q q 0 0 0 rg BT 189.31 725.25 Td (gross ) Tj ET Q q 0 0 0 rg BT 213.83 725.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 257.23 725.25 Td (written ) Tj ET Q q 0 0 0 rg BT 288.96 725.25 Td (less ) Tj ET Q q 0 0 0 rg BT 307.37 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 322.99 725.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 349.71 725.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 393.12 725.25 Td (written ) Tj ET Q q 0 0 0 rg BT 424.85 725.25 Td (under ) Tj ET Q q 0 0 0 rg BT 451.03 725.25 Td (the ) Tj ET Q q 0 0 0 rg BT 466.65 725.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 492.27 725.25 Td (of ) Tj ET Q q 0 0 0 rg BT 503.26 725.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 526.96 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 530.36 725.25 Td (in-force ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 99.14 713.25 Td (treaties. ) Tj ET Q q 0 0 0 rg BT 133.56 713.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 151.05 713.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 194.10 713.25 Td (written ) Tj ET Q q 0 0 0 rg BT 225.47 713.25 Td (decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.94 713.25 Td (4.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.77 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 291.82 713.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 713.25 Td ($82.2 ) Tj ET Q q 0 0 0 rg BT 328.20 713.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.09 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 360.15 713.25 Td (for ) Tj ET Q q 0 0 0 rg BT 374.86 713.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.13 713.25 Td (three ) Tj ET Q q 0 0 0 rg BT 413.16 713.25 Td (month ) Tj ET Q q 0 0 0 rg BT 441.77 713.25 Td (period ) Tj ET Q q 0 0 0 rg BT 470.37 713.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 497.30 713.25 Td (March ) Tj ET Q q 0 0 0 rg BT 526.45 713.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.00 713.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 91.48 701.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.31 701.25 Td ($85.6 ) Tj ET Q q 0 0 0 rg BT 125.87 701.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.76 701.25 Td ( ) Tj ET Q q 0 0 0 rg BT 156.82 701.25 Td (for ) Tj ET Q q 0 0 0 rg BT 170.53 701.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.80 701.25 Td (three ) Tj ET Q q 0 0 0 rg BT 206.85 701.25 Td (month ) Tj ET Q q 0 0 0 rg BT 234.46 701.25 Td (period ) Tj ET Q q 0 0 0 rg BT 262.06 701.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 287.99 701.25 Td (March ) Tj ET Q q 0 0 0 rg BT 316.15 701.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 330.70 701.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.70 701.25 Td (. ) Tj ET Q q 0 0 0 rg BT 355.11 701.25 Td (These ) Tj ET Q q 0 0 0 rg BT 381.04 701.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 415.31 701.25 Td (are ) Tj ET Q q 0 0 0 rg BT 429.57 701.25 Td (attributed ) Tj ET Q q 0 0 0 rg BT 469.94 701.25 Td (to ) Tj ET Q q 0 0 0 rg BT 479.78 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 494.05 701.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 535.54 701.25 Td (ef) Tj ET Q q 0 0 0 rg BT 543.13 701.25 Td (fects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.55 689.25 Td (reasons ) Tj ET Q q 0 0 0 rg BT 108.04 689.25 Td (cited ) Tj ET Q q 0 0 0 rg BT 129.97 689.25 Td (in ) Tj ET Q q 0 0 0 rg BT 140.25 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 154.97 689.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 184.13 689.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 227.01 689.25 Td (W) Tj ET Q q 0 0 0 rg BT 236.04 689.25 Td (ritten) Tj ET Q q 0 0 0 rg BT 259.74 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 262.24 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 279.17 689.25 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 310.55 689.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 353.43 689.25 Td (W) Tj ET Q q 0 0 0 rg BT 362.47 689.25 Td (ritten) Tj ET Q q 0 0 0 rg BT 386.16 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 388.66 689.25 Td (sections ) Tj ET Q q 0 0 0 rg BT 423.37 689.25 Td (above.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 672.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 672.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 77.86 672.25 Td (emiums ) Tj ET Q q 0 0 0 rg BT 113.69 672.25 Td (Earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 655.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 92.98 655.25 Td (are ) Tj ET Q q 0 0 0 rg BT 107.60 655.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 136.66 655.25 Td (ratably ) Tj ET Q q 0 0 0 rg BT 166.85 655.25 Td (over ) Tj ET Q q 0 0 0 rg BT 187.03 655.25 Td (the ) Tj ET Q q 0 0 0 rg BT 201.67 655.25 Td (term ) Tj ET Q q 0 0 0 rg BT 222.41 655.25 Td (of ) Tj ET Q q 0 0 0 rg BT 233.16 655.25 Td (the ) Tj ET Q q 0 0 0 rg BT 247.80 655.25 Td (underlying ) Tj ET Q q 0 0 0 rg BT 293.54 655.25 Td (policy) Tj ET Q q 0 0 0 rg BT 317.89 655.25 Td (. ) Tj ET Q q 0 0 0 rg BT 322.80 655.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 339.66 655.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 382.07 655.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 411.14 655.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.11 655.25 Td ($55.9 ) Tj ET Q q 0 0 0 rg BT 454.03 655.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.92 655.25 Td ( ) Tj ET Q q 0 0 0 rg BT 485.34 655.25 Td (for ) Tj ET Q q 0 0 0 rg BT 499.42 655.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.05 655.25 Td (three ) Tj ET Q q 0 0 0 rg BT 536.46 655.25 Td (month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.25 Td (period ) Tj ET Q q 0 0 0 rg BT 77.57 643.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 103.47 643.25 Td (March ) Tj ET Q q 0 0 0 rg BT 131.59 643.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 146.12 643.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.12 643.25 Td (, ) Tj ET Q q 0 0 0 rg BT 170.64 643.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.10 643.25 Td (15.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.93 643.25 Td ( ) Tj ET Q q 0 0 0 rg BT 204.96 643.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 239.74 643.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 281.18 643.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.99 643.25 Td ($48.4 ) Tj ET Q q 0 0 0 rg BT 315.51 643.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.40 643.25 Td ( ) Tj ET Q q 0 0 0 rg BT 346.43 643.25 Td (for ) Tj ET Q q 0 0 0 rg BT 360.11 643.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.35 643.25 Td (three ) Tj ET Q q 0 0 0 rg BT 396.36 643.25 Td (month ) Tj ET Q q 0 0 0 rg BT 423.94 643.25 Td (period ) Tj ET Q q 0 0 0 rg BT 451.51 643.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 477.41 643.25 Td (March ) Tj ET Q q 0 0 0 rg BT 505.53 643.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 520.06 643.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.06 643.25 Td (. ) Tj ET Q q 0 0 0 rg BT 544.58 643.25 Td ( ) Tj ET Q q 0 0 0 rg BT 546.46 643.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 85.36 631.25 Td (in ) Tj ET Q q 0 0 0 rg BT 95.74 631.25 Td (net ) Tj ET Q q 0 0 0 rg BT 110.55 631.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 153.15 631.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 182.40 631.25 Td (are ) Tj ET Q q 0 0 0 rg BT 197.21 631.25 Td (attributed ) Tj ET Q q 0 0 0 rg BT 238.13 631.25 Td (to ) Tj ET Q q 0 0 0 rg BT 248.51 631.25 Td (the ) Tj ET Q q 0 0 0 rg BT 263.33 631.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 305.36 631.25 Td (ef) Tj ET Q q 0 0 0 rg BT 312.95 631.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 334.43 631.25 Td (of ) Tj ET Q q 0 0 0 rg BT 345.36 631.25 Td (the ) Tj ET Q q 0 0 0 rg BT 360.18 631.25 Td (reasons ) Tj ET Q q 0 0 0 rg BT 392.77 631.25 Td (cited ) Tj ET Q q 0 0 0 rg BT 414.80 631.25 Td (in ) Tj ET Q q 0 0 0 rg BT 425.18 631.25 Td (the ) Tj ET Q q 0 0 0 rg BT 440.00 631.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 469.27 631.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 512.24 631.25 Td (W) Tj ET Q q 0 0 0 rg BT 521.28 631.25 Td (ritten) Tj ET Q q 0 0 0 rg BT 544.97 631.25 Td ( ) Tj ET Q q 0 0 0 rg BT 547.57 631.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.25 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 81.38 619.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 124.25 619.25 Td (W) Tj ET Q q 0 0 0 rg BT 133.29 619.25 Td (ritten) Tj ET Q q 0 0 0 rg BT 156.98 619.25 Td ( ) Tj ET Q q 0 0 0 rg BT 159.48 619.25 Td (sections ) Tj ET Q q 0 0 0 rg BT 194.20 619.25 Td (above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (Based ) Tj ET Q q 0 0 0 rg BT 76.76 602.25 Td (on ) Tj ET Q q 0 0 0 rg BT 89.08 602.25 Td (an ) Tj ET Q q 0 0 0 rg BT 100.84 602.25 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 135.94 602.25 Td (analysis ) Tj ET Q q 0 0 0 rg BT 170.48 602.25 Td (of ) Tj ET Q q 0 0 0 rg BT 181.13 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 195.66 602.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 219.64 602.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 253.62 602.25 Td (on ) Tj ET Q q 0 0 0 rg BT 265.94 602.25 Td (which ) Tj ET Q q 0 0 0 rg BT 292.70 602.25 Td (we ) Tj ET Q q 0 0 0 rg BT 306.68 602.25 Td (focus, ) Tj ET Q q 0 0 0 rg BT 333.16 602.25 Td (we ) Tj ET Q q 0 0 0 rg BT 347.14 602.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 378.33 602.25 Td (that ) Tj ET Q q 0 0 0 rg BT 395.65 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 410.19 602.25 Td (total ) Tj ET Q q 0 0 0 rg BT 430.28 602.25 Td (number ) Tj ET Q q 0 0 0 rg BT 463.15 602.25 Td (of ) Tj ET Q q 0 0 0 rg BT 473.80 602.25 Td (rides, ) Tj ET Q q 0 0 0 rg BT 498.06 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 514.82 602.25 Td (accordingly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (vehicle ) Tj ET Q q 0 0 0 rg BT 81.47 590.25 Td (count, ) Tj ET Q q 0 0 0 rg BT 108.79 590.25 Td (in ) Tj ET Q q 0 0 0 rg BT 119.17 590.25 Td (these ) Tj ET Q q 0 0 0 rg BT 142.32 590.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 166.58 590.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 200.83 590.25 Td (continues ) Tj ET Q q 0 0 0 rg BT 241.76 590.25 Td (to ) Tj ET Q q 0 0 0 rg BT 252.14 590.25 Td (grow) Tj ET Q q 0 0 0 rg BT 272.04 590.25 Td (. ) Tj ET Q q 0 0 0 rg BT 279.64 590.25 Td (In ) Tj ET Q q 0 0 0 rg BT 290.58 590.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 315.68 590.25 Td (we ) Tj ET Q q 0 0 0 rg BT 329.94 590.25 Td (saw ) Tj ET Q q 0 0 0 rg BT 348.09 590.25 Td (a ) Tj ET Q q 0 0 0 rg BT 355.13 590.25 Td (decline ) Tj ET Q q 0 0 0 rg BT 386.61 590.25 Td (in ) Tj ET Q q 0 0 0 rg BT 396.99 590.25 Td (our ) Tj ET Q q 0 0 0 rg BT 412.92 590.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 430.51 590.25 Td (business ) Tj ET Q q 0 0 0 rg BT 467.01 590.25 Td (as ) Tj ET Q q 0 0 0 rg BT 477.94 590.25 Td (some ) Tj ET Q q 0 0 0 rg BT 501.65 590.25 Td (passengers ) Tj ET Q q 0 0 0 rg BT 547.57 590.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (drivers ) Tj ET Q q 0 0 0 rg BT 81.33 578.25 Td (migrated ) Tj ET Q q 0 0 0 rg BT 120.43 578.25 Td (to ) Tj ET Q q 0 0 0 rg BT 131.77 578.25 Td (a ) Tj ET Q q 0 0 0 rg BT 139.51 578.25 Td (TNC ) Tj ET Q q 0 0 0 rg BT 163.07 578.25 Td (market. ) Tj ET Q q 0 0 0 rg BT 196.89 578.25 Td (However) Tj ET Q q 0 0 0 rg BT 233.14 578.25 Td (, ) Tj ET Q q 0 0 0 rg BT 239.20 578.25 Td (this ) Tj ET Q q 0 0 0 rg BT 257.21 578.25 Td (was ) Tj ET Q q 0 0 0 rg BT 276.32 578.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 317.08 578.25 Td (of) Tj ET Q q 0 0 0 rg BT 325.23 578.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 343.23 578.25 Td (by ) Tj ET Q q 0 0 0 rg BT 356.79 578.25 Td (corresponding ) Tj ET Q q 0 0 0 rg BT 417.56 578.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 449.44 578.25 Td (in ) Tj ET Q q 0 0 0 rg BT 460.78 578.25 Td (our ) Tj ET Q q 0 0 0 rg BT 477.67 578.25 Td (limousine ) Tj ET Q q 0 0 0 rg BT 520.68 578.25 Td (and ) Tj ET Q q 0 0 0 rg BT 538.67 578.25 Td (livery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (business.Growth ) Tj ET Q q 0 0 0 rg BT 123.67 566.25 Td (in ) Tj ET Q q 0 0 0 rg BT 135.68 566.25 Td (vehicle ) Tj ET Q q 0 0 0 rg BT 168.78 566.25 Td (count ) Tj ET Q q 0 0 0 rg BT 195.22 566.25 Td (in ) Tj ET Q q 0 0 0 rg BT 207.23 566.25 Td (our ) Tj ET Q q 0 0 0 rg BT 224.78 566.25 Td (limousine ) Tj ET Q q 0 0 0 rg BT 268.46 566.25 Td (and ) Tj ET Q q 0 0 0 rg BT 287.12 566.25 Td (livery ) Tj ET Q q 0 0 0 rg BT 314.67 566.25 Td (business ) Tj ET Q q 0 0 0 rg BT 352.79 566.25 Td (is ) Tj ET Q q 0 0 0 rg BT 363.69 566.25 Td (positively ) Tj ET Q q 0 0 0 rg BT 407.36 566.25 Td (influenced ) Tj ET Q q 0 0 0 rg BT 453.79 566.25 Td (by ) Tj ET Q q 0 0 0 rg BT 468.02 566.25 Td (passengers ) Tj ET Q q 0 0 0 rg BT 515.57 566.25 Td (and ) Tj ET Q q 0 0 0 rg BT 534.23 566.25 Td (drivers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 100.94 554.25 Td (participating ) Tj ET Q q 0 0 0 rg BT 153.54 554.25 Td (in ) Tj ET Q q 0 0 0 rg BT 163.38 554.25 Td (the ) Tj ET Q q 0 0 0 rg BT 177.52 554.25 Td (TNC ) Tj ET Q q 0 0 0 rg BT 199.58 554.25 Td (market, ) Tj ET Q q 0 0 0 rg BT 231.91 554.25 Td (and ) Tj ET Q q 0 0 0 rg BT 248.42 554.25 Td (we ) Tj ET Q q 0 0 0 rg BT 262.14 554.25 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 303.07 554.25 Td (that ) Tj ET Q q 0 0 0 rg BT 320.13 554.25 Td (it ) Tj ET Q q 0 0 0 rg BT 327.76 554.25 Td (may ) Tj ET Q q 0 0 0 rg BT 347.04 554.25 Td (outpace ) Tj ET Q q 0 0 0 rg BT 380.20 554.25 Td (reductions ) Tj ET Q q 0 0 0 rg BT 423.92 554.25 Td (in ) Tj ET Q q 0 0 0 rg BT 433.76 554.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 450.82 554.25 Td (business ) Tj ET Q q 0 0 0 rg BT 486.78 554.25 Td (over ) Tj ET Q q 0 0 0 rg BT 506.61 554.25 Td (time. ) Tj ET Q q 0 0 0 rg BT 531.45 554.25 Td (Growth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (in ) Tj ET Q q 0 0 0 rg BT 61.21 542.25 Td (our ) Tj ET Q q 0 0 0 rg BT 77.98 542.25 Td (para-transit ) Tj ET Q q 0 0 0 rg BT 126.95 542.25 Td (business ) Tj ET Q q 0 0 0 rg BT 164.28 542.25 Td (is ) Tj ET Q q 0 0 0 rg BT 174.38 542.25 Td (correlated ) Tj ET Q q 0 0 0 rg BT 217.79 542.25 Td (with ) Tj ET Q q 0 0 0 rg BT 239.01 542.25 Td (demographic ) Tj ET Q q 0 0 0 rg BT 294.65 542.25 Td (trends ) Tj ET Q q 0 0 0 rg BT 322.52 542.25 Td (in ) Tj ET Q q 0 0 0 rg BT 333.74 542.25 Td (the ) Tj ET Q q 0 0 0 rg BT 349.39 542.25 Td (U.S.) Tj ET Q q 0 0 0 rg BT 369.49 542.25 Td (W) Tj ET Q q 0 0 0 rg BT 378.13 542.25 Td (e ) Tj ET Q q 0 0 0 rg BT 386.00 542.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 418.31 542.25 Td (that ) Tj ET Q q 0 0 0 rg BT 436.74 542.25 Td (our ) Tj ET Q q 0 0 0 rg BT 453.51 542.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 495.81 542.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 548.14 542.25 Td (can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 86.72 530.25 Td (to ) Tj ET Q q 0 0 0 rg BT 96.78 530.25 Td (grow ) Tj ET Q q 0 0 0 rg BT 119.61 530.25 Td (these ) Tj ET Q q 0 0 0 rg BT 142.44 530.25 Td (specialty ) Tj ET Q q 0 0 0 rg BT 180.26 530.25 Td (products ) Tj ET Q q 0 0 0 rg BT 216.98 530.25 Td (to ) Tj ET Q q 0 0 0 rg BT 227.04 530.25 Td (a ) Tj ET Q q 0 0 0 rg BT 233.76 530.25 Td (market ) Tj ET Q q 0 0 0 rg BT 263.81 530.25 Td (share ) Tj ET Q q 0 0 0 rg BT 287.19 530.25 Td (of ) Tj ET Q q 0 0 0 rg BT 297.80 530.25 Td (20% ) Tj ET Q q 0 0 0 rg BT 318.41 530.25 Td (without ) Tj ET Q q 0 0 0 rg BT 351.25 530.25 Td (having ) Tj ET Q q 0 0 0 rg BT 380.75 530.25 Td (a ) Tj ET Q q 0 0 0 rg BT 387.47 530.25 Td (disproportionate ) Tj ET Q q 0 0 0 rg BT 455.29 530.25 Td (share ) Tj ET Q q 0 0 0 rg BT 478.67 530.25 Td (of ) Tj ET Q q 0 0 0 rg BT 489.28 530.25 Td (the ) Tj ET Q q 0 0 0 rg BT 503.78 530.25 Td (market. ) Tj ET Q q 0 0 0 rg BT 538.32 530.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.02 530.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.25 Td (focus ) Tj ET Q q 0 0 0 rg BT 74.17 518.25 Td (has ) Tj ET Q q 0 0 0 rg BT 90.01 518.25 Td (been, ) Tj ET Q q 0 0 0 rg BT 113.90 518.25 Td (and ) Tj ET Q q 0 0 0 rg BT 130.84 518.25 Td (continues ) Tj ET Q q 0 0 0 rg BT 171.68 518.25 Td (to ) Tj ET Q q 0 0 0 rg BT 181.97 518.25 Td (be, ) Tj ET Q q 0 0 0 rg BT 196.42 518.25 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 232.26 518.25 Td (our ) Tj ET Q q 0 0 0 rg BT 248.10 518.25 Td (experience ) Tj ET Q q 0 0 0 rg BT 293.91 518.25 Td (and ) Tj ET Q q 0 0 0 rg BT 310.85 518.25 Td (strong ) Tj ET Q q 0 0 0 rg BT 338.36 518.25 Td (value ) Tj ET Q q 0 0 0 rg BT 362.53 518.25 Td (proposition ) Tj ET Q q 0 0 0 rg BT 410.60 518.25 Td (to ) Tj ET Q q 0 0 0 rg BT 420.88 518.25 Td (maximize ) Tj ET Q q 0 0 0 rg BT 462.82 518.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 516.99 518.25 Td (profit. ) Tj ET Q q 0 0 0 rg BT 546.71 518.25 Td (It ) Tj ET Q q 0 0 0 rg BT 555.33 518.25 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.25 Td (important ) Tj ET Q q 0 0 0 rg BT 90.71 506.25 Td (to ) Tj ET Q q 0 0 0 rg BT 100.32 506.25 Td (note ) Tj ET Q q 0 0 0 rg BT 119.37 506.25 Td (that ) Tj ET Q q 0 0 0 rg BT 136.20 506.25 Td (we ) Tj ET Q q 0 0 0 rg BT 149.69 506.25 Td (continue ) Tj ET Q q 0 0 0 rg BT 185.95 506.25 Td (to ) Tj ET Q q 0 0 0 rg BT 195.56 506.25 Td (see ) Tj ET Q q 0 0 0 rg BT 210.16 506.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 249.75 506.25 Td (market ) Tj ET Q q 0 0 0 rg BT 279.34 506.25 Td (trends ) Tj ET Q q 0 0 0 rg BT 305.61 506.25 Td (within ) Tj ET Q q 0 0 0 rg BT 333.00 506.25 Td (our ) Tj ET Q q 0 0 0 rg BT 348.16 506.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 371.65 506.25 Td (and ) Tj ET Q q 0 0 0 rg BT 387.92 506.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 418.62 506.25 Td (that ) Tj ET Q q 0 0 0 rg BT 435.44 506.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 475.03 506.25 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 523.53 506.25 Td (to ) Tj ET Q q 0 0 0 rg BT 533.13 506.25 Td (expand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 103.75 494.25 Td (mar) Tj ET Q q 0 0 0 rg BT 119.12 494.25 Td (gin ) Tj ET Q q 0 0 0 rg BT 133.99 494.25 Td (still ) Tj ET Q q 0 0 0 rg BT 151.09 494.25 Td (exists.) Tj ET Q q 0 0 0 rg BT 178.68 494.25 Td (These ) Tj ET Q q 0 0 0 rg BT 204.65 494.25 Td (projections ) Tj ET Q q 0 0 0 rg BT 251.18 494.25 Td (are ) Tj ET Q q 0 0 0 rg BT 265.48 494.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 295.90 494.25 Td (to ) Tj ET Q q 0 0 0 rg BT 305.77 494.25 Td (change ) Tj ET Q q 0 0 0 rg BT 336.18 494.25 Td (should ) Tj ET Q q 0 0 0 rg BT 364.95 494.25 Td (the ) Tj ET Q q 0 0 0 rg BT 379.26 494.25 Td (competitive ) Tj ET Q q 0 0 0 rg BT 428.56 494.25 Td (environment ) Tj ET Q q 0 0 0 rg BT 481.19 494.25 Td (reverse ) Tj ET Q q 0 0 0 rg BT 512.15 494.25 Td (from ) Tj ET Q q 0 0 0 rg BT 533.69 494.25 Td (current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (trends. ) Tj ET Q q 0 0 0 rg BT 79.44 482.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 465.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 465.25 Td (Claims ) Tj ET Q q 0 0 0 rg BT 99.99 465.25 Td (Incurr) Tj ET Q q 0 0 0 rg BT 128.14 465.25 Td (ed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.75 448.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 85.52 448.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 106.05 448.25 Td (relating ) Tj ET Q q 0 0 0 rg BT 138.80 448.25 Td (to ) Tj ET Q q 0 0 0 rg BT 148.79 448.25 Td (the ) Tj ET Q q 0 0 0 rg BT 163.21 448.25 Td (net ) Tj ET Q q 0 0 0 rg BT 177.64 448.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 205.95 448.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 241.47 448.25 Td (for ) Tj ET Q q 0 0 0 rg BT 255.34 448.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.76 448.25 Td (three ) Tj ET Q q 0 0 0 rg BT 291.95 448.25 Td (month ) Tj ET Q q 0 0 0 rg BT 319.72 448.25 Td (period ) Tj ET Q q 0 0 0 rg BT 347.47 448.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 373.55 448.25 Td (March ) Tj ET Q q 0 0 0 rg BT 401.86 448.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 416.57 448.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.57 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 438.77 448.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.53 448.25 Td (62.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.36 448.25 Td ( ) Tj ET Q q 0 0 0 rg BT 484.57 448.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 526.20 448.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.19 448.25 Td (60.5%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (for ) Tj ET Q q 0 0 0 rg BT 64.27 436.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.11 436.25 Td (three ) Tj ET Q q 0 0 0 rg BT 101.71 436.25 Td (month ) Tj ET Q q 0 0 0 rg BT 129.88 436.25 Td (period ) Tj ET Q q 0 0 0 rg BT 158.04 436.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 184.53 436.25 Td (March ) Tj ET Q q 0 0 0 rg BT 213.24 436.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 228.36 436.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.36 436.25 Td (. ) Tj ET Q q 0 0 0 rg BT 253.29 436.25 Td (The ) Tj ET Q q 0 0 0 rg BT 271.45 436.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 289.62 436.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 310.56 436.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 350.93 436.25 Td (over ) Tj ET Q q 0 0 0 rg BT 371.31 436.25 Td (the ) Tj ET Q q 0 0 0 rg BT 386.15 436.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 408.20 436.25 Td (year ) Tj ET Q q 0 0 0 rg BT 428.02 436.25 Td (period ) Tj ET Q q 0 0 0 rg BT 456.18 436.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 496.01 436.25 Td (as ) Tj ET Q q 0 0 0 rg BT 506.95 436.25 Td (a ) Tj ET Q q 0 0 0 rg BT 514.01 436.25 Td (result ) Tj ET Q q 0 0 0 rg BT 538.84 436.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.78 436.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 424.25 Td (s ) Tj ET Q q 0 0 0 rg BT 98.47 424.25 Td (continued ) Tj ET Q q 0 0 0 rg BT 140.82 424.25 Td (review ) Tj ET Q q 0 0 0 rg BT 170.94 424.25 Td (of ) Tj ET Q q 0 0 0 rg BT 182.18 424.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 236.75 424.25 Td (profitability ) Tj ET Q q 0 0 0 rg BT 287.43 424.25 Td (by ) Tj ET Q q 0 0 0 rg BT 300.34 424.25 Td (product ) Tj ET Q q 0 0 0 rg BT 333.80 424.25 Td (and ) Tj ET Q q 0 0 0 rg BT 351.15 424.25 Td (state ) Tj ET Q q 0 0 0 rg BT 372.39 424.25 Td (and ) Tj ET Q q 0 0 0 rg BT 389.74 424.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 418.20 424.25 Td (than ) Tj ET Q q 0 0 0 rg BT 438.33 424.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 476.77 424.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 501.90 424.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 520.92 424.25 Td (associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 412.25 Td (with ) Tj ET Q q 0 0 0 rg BT 69.81 412.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 93.51 412.25 Td ( ) Tj ET Q q 0 0 0 rg BT 96.11 412.25 Td (participation ) Tj ET Q q 0 0 0 rg BT 149.26 412.25 Td (in ) Tj ET Q q 0 0 0 rg BT 159.64 412.25 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 218.91 412.25 Td (assigned ) Tj ET Q q 0 0 0 rg BT 255.95 412.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 273.56 412.25 Td (pools ) Tj ET Q q 0 0 0 rg BT 297.84 412.25 Td (and ) Tj ET Q q 0 0 0 rg BT 314.88 412.25 Td (run-of) Tj ET Q q 0 0 0 rg BT 339.69 412.25 Td (f ) Tj ET Q q 0 0 0 rg BT 345.63 412.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 395.44 412.25 Td (auto. ) Tj ET Q q 0 0 0 rg BT 417.76 412.25 Td (For ) Tj ET Q q 0 0 0 rg BT 434.26 412.25 Td (reference, ) Tj ET Q q 0 0 0 rg BT 476.55 412.25 Td (1.4 ) Tj ET Q q 0 0 0 rg BT 491.66 412.25 Td (percentage ) Tj ET Q q 0 0 0 rg BT 537.56 412.25 Td (points ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.31 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 74.51 400.25 Td (year) Tj ET Q q 0 0 0 rg BT 91.52 400.25 Td (-over) Tj ET Q q 0 0 0 rg BT 112.42 400.25 Td (-year ) Tj ET Q q 0 0 0 rg BT 134.93 400.25 Td (dif) Tj ET Q q 0 0 0 rg BT 145.86 400.25 Td (ference ) Tj ET Q q 0 0 0 rg BT 177.26 400.25 Td (is ) Tj ET Q q 0 0 0 rg BT 185.91 400.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 233.43 400.25 Td (to ) Tj ET Q q 0 0 0 rg BT 243.19 400.25 Td (assigned ) Tj ET Q q 0 0 0 rg BT 279.61 400.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 296.59 400.25 Td (business, ) Tj ET Q q 0 0 0 rg BT 334.96 400.25 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 375.25 400.25 Td (the ) Tj ET Q q 0 0 0 rg BT 389.45 400.25 Td (challenges ) Tj ET Q q 0 0 0 rg BT 433.63 400.25 Td (facing ) Tj ET Q q 0 0 0 rg BT 460.60 400.25 Td (broader ) Tj ET Q q 0 0 0 rg BT 493.12 400.25 Td (commercial ) Tj ET Q q 0 0 0 rg BT 542.30 400.25 Td (auto, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (with ) Tj ET Q q 0 0 0 rg BT 70.43 388.25 Td (the ) Tj ET Q q 0 0 0 rg BT 85.30 388.25 Td (remainder ) Tj ET Q q 0 0 0 rg BT 128.49 388.25 Td (of ) Tj ET Q q 0 0 0 rg BT 139.47 388.25 Td (the ) Tj ET Q q 0 0 0 rg BT 154.34 388.25 Td (change ) Tj ET Q q 0 0 0 rg BT 185.31 388.25 Td (attributable ) Tj ET Q q 0 0 0 rg BT 233.50 388.25 Td (to ) Tj ET Q q 0 0 0 rg BT 243.94 388.25 Td (a ) Tj ET Q q 0 0 0 rg BT 251.03 388.25 Td (more ) Tj ET Q q 0 0 0 rg BT 274.23 388.25 Td (conservative ) Tj ET Q q 0 0 0 rg BT 327.41 388.25 Td (current ) Tj ET Q q 0 0 0 rg BT 358.38 388.25 Td (year ) Tj ET Q q 0 0 0 rg BT 378.24 388.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 396.46 388.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 417.44 388.25 Td (selection. ) Tj ET Q q 0 0 0 rg BT 457.55 388.25 Td (As ) Tj ET Q q 0 0 0 rg BT 471.32 388.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 516.19 388.25 Td (announced, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.70 376.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 106.07 376.25 Td (is ) Tj ET Q q 0 0 0 rg BT 115.22 376.25 Td (utilizing ) Tj ET Q q 0 0 0 rg BT 151.03 376.25 Td (machine ) Tj ET Q q 0 0 0 rg BT 187.39 376.25 Td (learning ) Tj ET Q q 0 0 0 rg BT 222.63 376.25 Td (based ) Tj ET Q q 0 0 0 rg BT 247.88 376.25 Td (predictive ) Tj ET Q q 0 0 0 rg BT 290.34 376.25 Td (analytics ) Tj ET Q q 0 0 0 rg BT 328.37 376.25 Td (in ) Tj ET Q q 0 0 0 rg BT 338.63 376.25 Td (the ) Tj ET Q q 0 0 0 rg BT 353.33 376.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 378.02 376.25 Td (area, ) Tj ET Q q 0 0 0 rg BT 399.65 376.25 Td (in ) Tj ET Q q 0 0 0 rg BT 409.91 376.25 Td (addition ) Tj ET Q q 0 0 0 rg BT 445.16 376.25 Td (to ) Tj ET Q q 0 0 0 rg BT 455.42 376.25 Td (using ) Tj ET Q q 0 0 0 rg BT 479.58 376.25 Td (it ) Tj ET Q q 0 0 0 rg BT 487.61 376.25 Td (as ) Tj ET Q q 0 0 0 rg BT 498.43 376.25 Td (an ) Tj ET Q q 0 0 0 rg BT 510.35 376.25 Td (underwriting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (tool, ) Tj ET Q q 0 0 0 rg BT 70.90 364.25 Td (to ) Tj ET Q q 0 0 0 rg BT 81.53 364.25 Td (further ) Tj ET Q q 0 0 0 rg BT 111.58 364.25 Td (benefit ) Tj ET Q q 0 0 0 rg BT 142.19 364.25 Td (from ) Tj ET Q q 0 0 0 rg BT 164.48 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 179.54 364.25 Td (data ) Tj ET Q q 0 0 0 rg BT 199.04 364.25 Td (and ) Tj ET Q q 0 0 0 rg BT 216.33 364.25 Td (experience ) Tj ET Q q 0 0 0 rg BT 262.48 364.25 Td (within ) Tj ET Q q 0 0 0 rg BT 290.88 364.25 Td (its ) Tj ET Q q 0 0 0 rg BT 303.17 364.25 Td (or) Tj ET Q q 0 0 0 rg BT 311.32 364.25 Td (ganization. ) Tj ET Q q 0 0 0 rg BT 357.69 364.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 381.65 364.25 Td (believes ) Tj ET Q q 0 0 0 rg BT 417.26 364.25 Td (this ) Tj ET Q q 0 0 0 rg BT 434.55 364.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 474.04 364.25 Td (amplifies ) Tj ET Q q 0 0 0 rg BT 514.10 364.25 Td (the ) Tj ET Q q 0 0 0 rg BT 529.17 364.25 Td (value ) Tj ET Q q 0 0 0 rg BT 553.67 364.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.64 352.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 90.39 352.25 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 143.34 352.25 Td (over ) Tj ET Q q 0 0 0 rg BT 163.54 352.25 Td (its ) Tj ET Q q 0 0 0 rg BT 175.41 352.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 215.59 352.25 Td (subsidiaries) Tj ET Q q 0 0 0 rg BT 265.40 352.25 Td ( ) Tj ET Q q 0 0 0 rg BT 267.82 352.25 Td (many ) Tj ET Q q 0 0 0 rg BT 292.46 352.25 Td (years ) Tj ET Q q 0 0 0 rg BT 315.98 352.25 Td (spent ) Tj ET Q q 0 0 0 rg BT 339.52 352.25 Td (focusing ) Tj ET Q q 0 0 0 rg BT 376.38 352.25 Td (on ) Tj ET Q q 0 0 0 rg BT 388.80 352.25 Td (niche ) Tj ET Q q 0 0 0 rg BT 412.88 352.25 Td (tar) Tj ET Q q 0 0 0 rg BT 423.25 352.25 Td (get ) Tj ET Q q 0 0 0 rg BT 437.89 352.25 Td (markets ) Tj ET Q q 0 0 0 rg BT 471.97 352.25 Td (to ) Tj ET Q q 0 0 0 rg BT 482.17 352.25 Td (model ) Tj ET Q q 0 0 0 rg BT 509.59 352.25 Td (potential ) Tj ET Q q 0 0 0 rg BT 547.00 352.25 Td (risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.98 340.25 Td (deliver ) Tj ET Q q 0 0 0 rg BT 97.28 340.25 Td (value ) Tj ET Q q 0 0 0 rg BT 121.47 340.25 Td (for ) Tj ET Q q 0 0 0 rg BT 135.66 340.25 Td (both ) Tj ET Q q 0 0 0 rg BT 155.98 340.25 Td (customers ) Tj ET Q q 0 0 0 rg BT 199.06 340.25 Td (and ) Tj ET Q q 0 0 0 rg BT 216.04 340.25 Td (stakeholders. ) Tj ET Q q 0 0 0 rg BT 271.06 340.25 Td (On ) Tj ET Q q 0 0 0 rg BT 285.82 340.25 Td (a ) Tj ET Q q 0 0 0 rg BT 292.79 340.25 Td (year ) Tj ET Q q 0 0 0 rg BT 312.54 340.25 Td (over ) Tj ET Q q 0 0 0 rg BT 332.84 340.25 Td (year ) Tj ET Q q 0 0 0 rg BT 352.59 340.25 Td (basis, ) Tj ET Q q 0 0 0 rg BT 377.62 340.25 Td (the ) Tj ET Q q 0 0 0 rg BT 392.38 340.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 433.80 340.25 Td (expects ) Tj ET Q q 0 0 0 rg BT 466.32 340.25 Td (its ) Tj ET Q q 0 0 0 rg BT 478.31 340.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 496.40 340.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 517.27 340.25 Td (to ) Tj ET Q q 0 0 0 rg BT 527.58 340.25 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.05 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 327.05 Td (generally ) Tj ET Q q 0 0 0 rg BT 99.98 327.05 Td (trend ) Tj ET Q q 0 0 0 rg BT 123.03 327.05 Td (in ) Tj ET Q q 0 0 0 rg BT 133.31 327.05 Td (a ) Tj ET Q q 0 0 0 rg BT 140.24 327.05 Td (positive ) Tj ET Q q 0 0 0 rg BT 174.41 327.05 Td (direction ) Tj ET Q q 0 0 0 rg BT 212.45 327.05 Td (based ) Tj ET Q q 0 0 0 rg BT 237.72 327.05 Td (on ) Tj ET Q q 0 0 0 rg BT 250.22 327.05 Td (prior ) Tj ET Q q 0 0 0 rg BT 272.16 327.05 Td (year ) Tj ET Q q 0 0 0 rg BT 291.87 327.05 Td (and ) Tj ET Q q 0 0 0 rg BT 308.80 327.05 Td (potential ) Tj ET Q q 0 0 0 rg BT 346.29 327.05 Td (future ) Tj ET Q q 0 0 0 rg BT 372.67 327.05 Td (pricing, ) Tj ET Q q 0 0 0 rg BT 406.00 327.05 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 460.15 327.05 Td (and ) Tj ET Q q 0 0 0 rg BT 477.09 327.05 Td (claims ) Tj ET Q q 0 0 0 rg BT 505.69 327.05 Td (activities) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 541.79 327.05 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.05 Td (The ) Tj ET Q q 0 0 0 rg BT 68.18 310.05 Td (following ) Tj ET Q q 0 0 0 rg BT 109.71 310.05 Td (tables ) Tj ET Q q 0 0 0 rg BT 135.67 310.05 Td (summarize ) Tj ET Q q 0 0 0 rg BT 182.17 310.05 Td (the ) Tj ET Q q 0 0 0 rg BT 197.03 310.05 Td (claims ) Tj ET Q q 0 0 0 rg BT 225.77 310.05 Td (and ) Tj ET Q q 0 0 0 rg BT 242.84 310.05 Td (claims ) Tj ET Q q 0 0 0 rg BT 271.58 310.05 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 318.10 310.05 Td (expenses ) Tj ET Q q 0 0 0 rg BT 356.83 310.05 Td (incurred, ) Tj ET Q q 0 0 0 rg BT 395.28 310.05 Td (net ) Tj ET Q q 0 0 0 rg BT 410.13 310.05 Td (of ) Tj ET Q q 0 0 0 rg BT 421.10 310.05 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 469.82 310.05 Td (by ) Tj ET Q q 0 0 0 rg BT 482.46 310.05 Td (line ) Tj ET Q q 0 0 0 rg BT 500.09 310.05 Td (of ) Tj ET Q q 0 0 0 rg BT 511.05 310.05 Td (business ) Tj ET Q q 0 0 0 rg BT 547.58 310.05 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.05 Td (accident ) Tj ET Q q 0 0 0 rg BT 85.81 298.05 Td (year:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.65 273.30 Td (Claims and Claims ) Tj ET Q q 0 0 0 rg BT 211.72 273.30 Td (Adjustment Expenses Incurr) Tj ET Q q 0 0 0 rg BT 334.88 273.30 Td (ed, Net of Reinsurance \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 267.55 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 267.55 28.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 267.55 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 219.55 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 130.50 219.55 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 219.55 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 219.55 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 219.55 28.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 219.55 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 219.55 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 219.55 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 219.55 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 189.55 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 130.50 189.55 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 189.55 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 189.55 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 189.55 28.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 189.55 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 189.55 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 189.55 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 189.55 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 267.54999999999995 m 130.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 253.54999999999995 m 130.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 267.54999999999995 m 191.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 253.54999999999995 m 191.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 267.54999999999995 m 236.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 253.54999999999995 m 236.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 267.54999999999995 m 291.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 253.54999999999995 m 291.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 267.54999999999995 m 319.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 267.54999999999995 m 400.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 253.54999999999995 m 400.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 267.54999999999995 m 461.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 253.54999999999995 m 461.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 267.54999999999995 m 506.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 253.54999999999995 m 506.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 267.54999999999995 m 561.5 267.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 253.54999999999995 m 561.5 253.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 219.54999999999995 m 130.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 219.54999999999995 m 191.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 219.54999999999995 m 236.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 219.54999999999995 m 291.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 219.54999999999995 m 400.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 219.54999999999995 m 461.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 219.54999999999995 m 506.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 219.54999999999995 m 561.5 219.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 189.54999999999995 m 191.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 189.54999999999995 m 236.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 189.54999999999995 m 291.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 189.54999999999995 m 461.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 189.54999999999995 m 506.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 189.54999999999995 m 561.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 189.54999999999995 m 191.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 175.54999999999995 m 191.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 130.5 173.54999999999995 m 191.5 173.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 189.54999999999995 m 236.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 175.54999999999995 m 236.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 173.54999999999995 m 236.5 173.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 189.54999999999995 m 291.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 175.54999999999995 m 291.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 173.54999999999995 m 291.5 173.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 189.54999999999995 m 461.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 175.54999999999995 m 461.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 173.54999999999995 m 461.5 173.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 189.54999999999995 m 506.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 175.54999999999995 m 506.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 173.54999999999995 m 506.5 173.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 189.54999999999995 m 561.5 189.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 175.54999999999995 m 561.5 175.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 173.54999999999995 m 561.5 173.54999999999995 l s BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 76.70 265.00 186.57 -8.93 re f /GS0 gs q 0 0 0 rg BT 76.70 258.23 Td (Thr) Tj ET Q q 0 0 0 rg BT 93.19 258.23 Td (ee Month Period Ended Mar) Tj ET Q q 0 0 0 rg BT 215.77 258.23 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 346.70 265.00 186.57 -8.93 re f /GS0 gs q 0 0 0 rg BT 346.70 258.23 Td (Thr) Tj ET Q q 0 0 0 rg BT 363.19 258.23 Td (ee Month Period Ended Mar) Tj ET Q q 0 0 0 rg BT 485.77 258.23 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.60 224.23 Td (Accident ) Tj ET Q q 0 0 0 rg BT 99.68 224.23 Td (Y) Tj ET Q q 0 0 0 rg BT 106.16 224.23 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 134.20 244.23 Td (Commer) Tj ET Q q 0 0 0 rg BT 171.87 244.23 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 149.90 234.23 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 142.15 224.23 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 200.80 224.23 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.55 224.23 Td (T) Tj ET Q q 0 0 0 rg BT 258.76 224.23 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.60 224.23 Td (Accident ) Tj ET Q q 0 0 0 rg BT 369.68 224.23 Td (Y) Tj ET Q q 0 0 0 rg BT 376.16 224.23 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.20 244.23 Td (Commer) Tj ET Q q 0 0 0 rg BT 441.87 244.23 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 419.90 234.23 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.15 224.23 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.80 224.23 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.55 224.23 Td (T) Tj ET Q q 0 0 0 rg BT 528.30 224.23 Td (otal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 216.00 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 209.23 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.48 209.23 Td (ent ) Tj ET Q q 0 0 0 rg BT 88.94 209.23 Td (Y) Tj ET Q q 0 0 0 rg BT 95.05 209.23 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.15 209.22 Td (29,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.15 209.22 Td (4,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.15 209.22 Td (33,900) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 216.00 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 322.00 209.23 Td (Curr) Tj ET Q q 0 0 0 rg BT 343.48 209.23 Td (ent ) Tj ET Q q 0 0 0 rg BT 358.94 209.23 Td (Y) Tj ET Q q 0 0 0 rg BT 365.05 209.23 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 209.22 Td (24,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 209.22 Td (4,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 209.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 209.22 Td (29,013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 194.23 Td (Prior) Tj ET Q q 0 0 0 rg BT 74.67 194.23 Td ( ) Tj ET Q q 0 0 0 rg BT 76.90 194.23 Td (Y) Tj ET Q q 0 0 0 rg BT 83.38 194.23 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.65 194.22 Td (905) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.65 194.22 Td (241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 194.22 Td (1,145) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.00 194.23 Td (Prior) Tj ET Q q 0 0 0 rg BT 344.58 194.23 Td ( ) Tj ET Q q 0 0 0 rg BT 346.71 194.23 Td (Y) Tj ET Q q 0 0 0 rg BT 352.83 194.23 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 194.22 Td (286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 194.22 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 194.22 Td (287) Tj ET Q BT /F2 11.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 186.90 30.88 -9.82 re f /GS0 gs q 0 0 0 rg BT 52.00 179.45 Td ( ) Tj ET Q q 0 0 0 rg BT 54.55 179.45 Td (T) Tj ET Q q 0 0 0 rg BT 60.88 179.45 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.15 179.22 Td (30,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.15 179.22 Td (4,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.15 179.22 Td (35,046) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 322.00 186.00 28.07 -8.93 re f /GS0 gs q 0 0 0 rg BT 322.00 179.23 Td ( ) Tj ET Q q 0 0 0 rg BT 324.32 179.23 Td (T) Tj ET Q q 0 0 0 rg BT 330.07 179.23 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 179.22 Td (25,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 179.22 Td (4,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 179.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 179.22 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 101.40 742.25 Td (Costs ) Tj ET Q q 0 0 0 rg BT 127.24 742.25 Td (and ) Tj ET Q q 0 0 0 rg BT 145.86 742.25 Td (Other) Tj ET Q q 0 0 0 rg BT 171.23 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 173.73 742.25 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 234.56 742.25 Td (Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 99.65 725.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 122.64 725.25 Td (represent ) Tj ET Q q 0 0 0 rg BT 162.28 725.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 217.50 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 234.92 725.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 258.46 725.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 294.77 725.25 Td (on ) Tj ET Q q 0 0 0 rg BT 307.76 725.25 Td (net ) Tj ET Q q 0 0 0 rg BT 322.96 725.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 365.95 725.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 395.58 725.25 Td (of) Tj ET Q q 0 0 0 rg BT 403.73 725.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 421.16 725.25 Td (by ) Tj ET Q q 0 0 0 rg BT 434.15 725.25 Td (ceding ) Tj ET Q q 0 0 0 rg BT 463.79 725.25 Td (commission ) Tj ET Q q 0 0 0 rg BT 515.12 725.25 Td (on ) Tj ET Q q 0 0 0 rg BT 528.11 725.25 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (reinsured. ) Tj ET Q q 0 0 0 rg BT 91.84 713.25 Td (As ) Tj ET Q q 0 0 0 rg BT 105.69 713.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 146.76 713.25 Td (further ) Tj ET Q q 0 0 0 rg BT 176.70 713.25 Td (below) Tj ET Q q 0 0 0 rg BT 200.49 713.25 Td (, ) Tj ET Q q 0 0 0 rg BT 205.73 713.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 252.35 713.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 275.08 713.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.25 713.25 Td ($6.0 ) Tj ET Q q 0 0 0 rg BT 317.48 713.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.38 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 349.11 713.25 Td (for ) Tj ET Q q 0 0 0 rg BT 363.51 713.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.46 713.25 Td (three ) Tj ET Q q 0 0 0 rg BT 401.19 713.25 Td (month ) Tj ET Q q 0 0 0 rg BT 429.48 713.25 Td (period ) Tj ET Q q 0 0 0 rg BT 457.76 713.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 484.38 713.25 Td (March ) Tj ET Q q 0 0 0 rg BT 513.21 713.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 528.45 713.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.45 713.25 Td (, ) Tj ET Q q 0 0 0 rg BT 553.69 713.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (10.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 701.25 Td ( ) Tj ET Q q 0 0 0 rg BT 78.33 701.25 Td (of ) Tj ET Q q 0 0 0 rg BT 89.16 701.25 Td (net ) Tj ET Q q 0 0 0 rg BT 103.88 701.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 146.37 701.25 Td (earned, ) Tj ET Q q 0 0 0 rg BT 178.02 701.25 Td (as ) Tj ET Q q 0 0 0 rg BT 188.85 701.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 230.77 701.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.05 701.25 Td ($5.1 ) Tj ET Q q 0 0 0 rg BT 261.05 701.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.94 701.25 Td (, ) Tj ET Q q 0 0 0 rg BT 294.94 701.25 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.77 701.25 Td (10.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.60 701.25 Td ( ) Tj ET Q q 0 0 0 rg BT 334.10 701.25 Td (for ) Tj ET Q q 0 0 0 rg BT 348.26 701.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.98 701.25 Td (three ) Tj ET Q q 0 0 0 rg BT 385.46 701.25 Td (month ) Tj ET Q q 0 0 0 rg BT 413.52 701.25 Td (period ) Tj ET Q q 0 0 0 rg BT 441.57 701.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 467.94 701.25 Td (March ) Tj ET Q q 0 0 0 rg BT 496.54 701.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 511.54 701.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.54 701.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 684.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.43 684.25 Td (table ) Tj ET Q q 0 0 0 rg BT 90.75 684.25 Td (below ) Tj ET Q q 0 0 0 rg BT 118.07 684.25 Td (indicates ) Tj ET Q q 0 0 0 rg BT 156.50 684.25 Td (the ) Tj ET Q q 0 0 0 rg BT 171.60 684.25 Td (impact ) Tj ET Q q 0 0 0 rg BT 201.70 684.25 Td (of ) Tj ET Q q 0 0 0 rg BT 212.91 684.25 Td (the ) Tj ET Q q 0 0 0 rg BT 228.01 684.25 Td (various ) Tj ET Q q 0 0 0 rg BT 260.34 684.25 Td (components ) Tj ET Q q 0 0 0 rg BT 311.55 684.25 Td (of ) Tj ET Q q 0 0 0 rg BT 322.76 684.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 369.53 684.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 392.41 684.25 Td (on ) Tj ET Q q 0 0 0 rg BT 405.30 684.25 Td (the ) Tj ET Q q 0 0 0 rg BT 420.40 684.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 462.72 684.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 483.93 684.25 Td (for ) Tj ET Q q 0 0 0 rg BT 498.47 684.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.58 684.25 Td (three ) Tj ET Q q 0 0 0 rg BT 536.45 684.25 Td (month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 672.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 81.94 672.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 108.32 672.25 Td (March ) Tj ET Q q 0 0 0 rg BT 136.91 672.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 151.91 672.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 174.41 672.25 Td (and ) Tj ET Q q 0 0 0 rg BT 191.35 672.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.35 672.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 626.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 626.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 626.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 626.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 626.75 45.00 -15.00 re f 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0.9333333333333333 1 rg /GS0 gs 431.50 536.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 536.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 506.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 506.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 506.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 506.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 506.75 45.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 641.75 m 386.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 626.75 m 386.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 641.75 m 431.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 626.75 m 431.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 641.75 m 516.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 626.75 m 516.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 641.75 m 561.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 626.75 m 561.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 626.75 m 386.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 611.75 m 386.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 626.75 m 431.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 611.75 m 431.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 626.75 m 516.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 611.75 m 516.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 626.75 m 561.5 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 611.75 m 561.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 611.75 m 386.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 611.75 m 431.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 611.75 m 516.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 611.75 m 561.5 611.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 566.75 m 386.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 551.75 m 386.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 566.75 m 431.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 551.75 m 431.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 566.75 m 516.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 551.75 m 516.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 566.75 m 561.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 551.75 m 561.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 521.75 m 386.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 506.75 m 386.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 521.75 m 431.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 506.75 m 431.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 521.75 m 516.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 506.75 m 516.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 521.75 m 561.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 506.75 m 561.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 506.75 m 386.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 492.75 m 386.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 490.75 m 386.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 506.75 m 431.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 492.75 m 431.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 490.75 m 431.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 506.75 m 516.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 492.75 m 516.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 490.75 m 516.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 506.75 m 561.5 506.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 492.75 m 561.5 492.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 490.75 m 561.5 490.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 646.43 Td (\($ in 000s, per) Tj ET Q q 0 0 0 rg BT 115.24 646.43 Td (centages to net pr) Tj ET Q q 0 0 0 rg BT 190.32 646.43 Td (emiums earned\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.10 646.43 Td (Thr) Tj ET Q q 0 0 0 rg BT 386.68 646.43 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.40 631.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 329.19 631.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.50 631.43 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.40 631.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 459.10 631.43 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.50 631.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 616.42 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.00 616.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 616.42 Td (55,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.80 616.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 616.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.00 616.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 616.42 Td (48,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 616.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 616.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 601.42 Td (Gross commissions incurred excluding contingent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 601.42 Td (7,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.80 601.42 Td (13.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 601.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 601.42 Td (6,536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 601.42 Td (13.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 601.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 586.42 Td (Gross contingent commissions incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 586.42 Td (1,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.80 586.42 Td (1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 586.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 586.42 Td (831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 586.42 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 586.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 571.42 Td (Premium and other taxes incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 571.42 Td (1,834) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.80 571.42 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 571.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 571.42 Td (1,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 571.42 Td (2.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 571.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 556.42 Td (T) Tj ET Q q 0 0 0 rg BT 63.76 556.42 Td (otal gross commissions and taxes incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 556.42 Td (10,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.80 556.42 Td (18.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 556.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 556.42 Td (8,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 556.42 Td (18.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 556.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 541.42 Td (Ceded commissions incurred excluding contingent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.80 541.47 Td (\(3,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 541.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.45 541.42 Td (\(5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 541.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 541.47 Td (\(2,395) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 541.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 541.42 Td (\(4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 541.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 526.42 Td (Ceded contingent commissions incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.80 526.47 Td (\(1,358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 526.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.45 526.42 Td (\(2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 526.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 526.47 Td (\(1,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 526.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 526.42 Td (\(2.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 526.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 511.42 Td ( ) Tj ET Q q 0 0 0 rg BT 60.32 511.42 Td (T) Tj ET Q q 0 0 0 rg BT 65.73 511.42 Td (otal ceded commissions incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.80 511.47 Td (\(4,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 511.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.45 511.42 Td (\(8.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 511.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.80 511.47 Td (\(3,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 511.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 511.42 Td (\(7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 511.42 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 496.43 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 496.43 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.00 496.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.15 496.43 Td (5,976) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.80 496.43 Td (10.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.95 496.43 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.00 496.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.15 496.43 Td (5,096) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.80 496.43 Td (10.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.95 496.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 76.53 475.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 131.95 475.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 168.46 475.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 211.08 475.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 256.49 475.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 311.91 475.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 352.86 475.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 475.25 Td ($1 ) Tj ET Q q 0 0 0 rg BT 379.24 475.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.13 475.25 Td ( ) Tj ET Q q 0 0 0 rg BT 411.33 475.25 Td (over ) Tj ET Q q 0 0 0 rg BT 432.29 475.25 Td (the ) Tj ET Q q 0 0 0 rg BT 447.70 475.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 470.33 475.25 Td (year ) Tj ET Q q 0 0 0 rg BT 490.73 475.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 521.97 475.25 Td ( ) Tj ET Q q 0 0 0 rg BT 524.94 475.25 Td (The ) Tj ET Q q 0 0 0 rg BT 543.68 475.25 Td (ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 90.20 463.25 Td (mainly ) Tj ET Q q 0 0 0 rg BT 120.43 463.25 Td (because ) Tj ET Q q 0 0 0 rg BT 154.52 463.25 Td (of ) Tj ET Q q 0 0 0 rg BT 165.30 463.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 193.30 463.25 Td (than ) Tj ET Q q 0 0 0 rg BT 212.97 463.25 Td (average ) Tj ET Q q 0 0 0 rg BT 246.50 463.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 292.83 463.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 315.28 463.25 Td (in ) Tj ET Q q 0 0 0 rg BT 325.51 463.25 Td (the ) Tj ET Q q 0 0 0 rg BT 340.18 463.25 Td (quarter) Tj ET Q q 0 0 0 rg BT 367.94 463.25 Td (. ) Tj ET Q q 0 0 0 rg BT 372.72 463.25 Td (The ) Tj ET Q q 0 0 0 rg BT 390.71 463.25 Td (average ) Tj ET Q q 0 0 0 rg BT 424.25 463.25 Td (was ) Tj ET Q q 0 0 0 rg BT 442.25 463.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 470.25 463.25 Td (due ) Tj ET Q q 0 0 0 rg BT 487.14 463.25 Td (to ) Tj ET Q q 0 0 0 rg BT 497.36 463.25 Td (the ) Tj ET Q q 0 0 0 rg BT 512.03 463.25 Td (non-renewal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.00 451.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.88 451.25 Td (one ) Tj ET Q q 0 0 0 rg BT 92.99 451.25 Td (lar) Tj ET Q q 0 0 0 rg BT 103.36 451.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 115.46 451.25 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 146.47 451.25 Td (taxi ) Tj ET Q q 0 0 0 rg BT 164.13 451.25 Td (fleet ) Tj ET Q q 0 0 0 rg BT 184.56 451.25 Td (which ) Tj ET Q q 0 0 0 rg BT 211.67 451.25 Td (had ) Tj ET Q q 0 0 0 rg BT 228.78 451.25 Td (been ) Tj ET Q q 0 0 0 rg BT 250.32 451.25 Td (historically ) Tj ET Q q 0 0 0 rg BT 297.98 451.25 Td (underwritten ) Tj ET Q q 0 0 0 rg BT 351.74 451.25 Td (at ) Tj ET Q q 0 0 0 rg BT 361.63 451.25 Td (zero ) Tj ET Q q 0 0 0 rg BT 381.50 451.25 Td (commissions. ) Tj ET Q q 0 0 0 rg BT 438.90 451.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 464.90 451.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 509.78 451.25 Td (commissions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 86.08 439.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 126.59 439.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.35 439.25 Td ($215,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.85 439.25 Td ( ) Tj ET Q q 0 0 0 rg BT 179.61 439.25 Td (over ) Tj ET Q q 0 0 0 rg BT 200.14 439.25 Td (the ) Tj ET Q q 0 0 0 rg BT 215.12 439.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 237.32 439.25 Td (year ) Tj ET Q q 0 0 0 rg BT 257.29 439.25 Td (period ) Tj ET Q q 0 0 0 rg BT 285.60 439.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 325.57 439.25 Td (as ) Tj ET Q q 0 0 0 rg BT 336.66 439.25 Td (a ) Tj ET Q q 0 0 0 rg BT 343.86 439.25 Td (result ) Tj ET Q q 0 0 0 rg BT 368.84 439.25 Td (of ) Tj ET Q q 0 0 0 rg BT 379.93 439.25 Td ( ) Tj ET Q q 0 0 0 rg BT 382.69 439.25 Td (new ) Tj ET Q q 0 0 0 rg BT 402.11 439.25 Td (agents ) Tj ET Q q 0 0 0 rg BT 430.42 439.25 Td (becoming ) Tj ET Q q 0 0 0 rg BT 472.62 439.25 Td (eligible ) Tj ET Q q 0 0 0 rg BT 505.37 439.25 Td (for ) Tj ET Q q 0 0 0 rg BT 519.79 439.25 Td (contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.25 Td (commissions. ) Tj ET Q q 0 0 0 rg BT 107.37 427.25 Td (Gross ) Tj ET Q q 0 0 0 rg BT 133.34 427.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 178.20 427.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 233.07 427.25 Td (are ) Tj ET Q q 0 0 0 rg BT 247.92 427.25 Td (awarded ) Tj ET Q q 0 0 0 rg BT 284.42 427.25 Td (based ) Tj ET Q q 0 0 0 rg BT 309.83 427.25 Td (on ) Tj ET Q q 0 0 0 rg BT 322.48 427.25 Td (the ) Tj ET Q q 0 0 0 rg BT 337.33 427.25 Td (combination ) Tj ET Q q 0 0 0 rg BT 389.97 427.25 Td (of ) Tj ET Q q 0 0 0 rg BT 400.94 427.25 Td (developed ) Tj ET Q q 0 0 0 rg BT 444.67 427.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 462.88 427.25 Td (experience ) Tj ET Q q 0 0 0 rg BT 508.82 427.25 Td (and ) Tj ET Q q 0 0 0 rg BT 525.90 427.25 Td (premium ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.25 Td (growth. ) Tj ET Q q 0 0 0 rg BT 84.29 415.25 Td (Because ) Tj ET Q q 0 0 0 rg BT 120.30 415.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 144.87 415.25 Td (acquired ) Tj ET Q q 0 0 0 rg BT 182.75 415.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 213.42 415.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 246.32 415.25 Td (in ) Tj ET Q q 0 0 0 rg BT 257.55 415.25 Td (2015, ) Tj ET Q q 0 0 0 rg BT 283.51 415.25 Td (the ) Tj ET Q q 0 0 0 rg BT 299.19 415.25 Td (first ) Tj ET Q q 0 0 0 rg BT 318.75 415.25 Td (year ) Tj ET Q q 0 0 0 rg BT 339.42 415.25 Td (in ) Tj ET Q q 0 0 0 rg BT 350.66 415.25 Td (which ) Tj ET Q q 0 0 0 rg BT 378.55 415.25 Td (agents ) Tj ET Q q 0 0 0 rg BT 407.56 415.25 Td (of ) Tj ET Q q 0 0 0 rg BT 419.35 415.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 450.02 415.25 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 482.91 415.25 Td (became ) Tj ET Q q 0 0 0 rg BT 516.90 415.25 Td (eligible ) Tj ET Q q 0 0 0 rg BT 550.35 415.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 92.12 403.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 149.79 403.25 Td (was ) Tj ET Q q 0 0 0 rg BT 167.48 403.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 192.11 403.25 Td (Premium ) Tj ET Q q 0 0 0 rg BT 230.91 403.25 Td (and ) Tj ET Q q 0 0 0 rg BT 247.48 403.25 Td (other ) Tj ET Q q 0 0 0 rg BT 270.15 403.25 Td (taxes ) Tj ET Q q 0 0 0 rg BT 292.83 403.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 328.28 403.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 368.16 403.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.30 403.25 Td ($405,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.80 403.25 Td ( ) Tj ET Q q 0 0 0 rg BT 419.93 403.25 Td (over ) Tj ET Q q 0 0 0 rg BT 439.83 403.25 Td (the ) Tj ET Q q 0 0 0 rg BT 454.17 403.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 475.74 403.25 Td (year ) Tj ET Q q 0 0 0 rg BT 495.08 403.25 Td (period ) Tj ET Q q 0 0 0 rg BT 522.76 403.25 Td (as ) Tj ET Q q 0 0 0 rg BT 533.22 403.25 Td (a ) Tj ET Q q 0 0 0 rg BT 539.79 403.25 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 391.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 99.43 391.25 Td (growth ) Tj ET Q q 0 0 0 rg BT 130.26 391.25 Td (in ) Tj ET Q q 0 0 0 rg BT 140.54 391.25 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 192.49 391.25 Td (with ) Tj ET Q q 0 0 0 rg BT 212.76 391.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 240.81 391.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 279.41 391.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 294.13 391.25 Td (rates ) Tj ET Q q 0 0 0 rg BT 315.51 391.25 Td (of) Tj ET Q q 0 0 0 rg BT 323.66 391.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 340.60 391.25 Td (by ) Tj ET Q q 0 0 0 rg BT 353.10 391.25 Td (attrition ) Tj ET Q q 0 0 0 rg BT 387.26 391.25 Td (in ) Tj ET Q q 0 0 0 rg BT 397.53 391.25 Td (states ) Tj ET Q q 0 0 0 rg BT 422.25 391.25 Td (with ) Tj ET Q q 0 0 0 rg BT 442.53 391.25 Td (lower ) Tj ET Q q 0 0 0 rg BT 467.80 391.25 Td (rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 77.97 374.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 132.62 374.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 168.35 374.25 Td (excluding ) Tj ET Q q 0 0 0 rg BT 210.21 374.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 254.84 374.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 309.49 374.25 Td (decreased ) Tj ET Q q 0 0 0 rg BT 351.32 374.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.74 374.25 Td ($710,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.24 374.25 Td ( ) Tj ET Q q 0 0 0 rg BT 403.66 374.25 Td (over ) Tj ET Q q 0 0 0 rg BT 423.85 374.25 Td (the ) Tj ET Q q 0 0 0 rg BT 438.49 374.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 460.35 374.25 Td (year ) Tj ET Q q 0 0 0 rg BT 479.98 374.25 Td (period ) Tj ET Q q 0 0 0 rg BT 507.95 374.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 547.58 374.25 Td (due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.68 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.81 362.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 113.13 362.25 Td (in ) Tj ET Q q 0 0 0 rg BT 123.81 362.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 150.03 362.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 192.93 362.25 Td (written ) Tj ET Q q 0 0 0 rg BT 224.16 362.25 Td (for ) Tj ET Q q 0 0 0 rg BT 238.73 362.25 Td (the ) Tj ET Q q 0 0 0 rg BT 253.85 362.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 281.19 362.25 Td (Share. ) Tj ET Q q 0 0 0 rg BT 309.37 362.25 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 337.82 362.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 382.93 362.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 438.07 362.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 474.29 362.25 Td (decreased ) Tj ET Q q 0 0 0 rg BT 516.61 362.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.51 362.25 Td ($53,000) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td (over ) Tj ET Q q 0 0 0 rg BT 69.50 350.25 Td (the ) Tj ET Q q 0 0 0 rg BT 83.44 350.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 104.61 350.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 134.38 350.25 Td ( ) Tj ET Q q 0 0 0 rg BT 136.11 350.25 Td (Ceded ) Tj ET Q q 0 0 0 rg BT 163.39 350.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 207.33 350.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 261.28 350.25 Td (are ) Tj ET Q q 0 0 0 rg BT 275.22 350.25 Td (based ) Tj ET Q q 0 0 0 rg BT 299.72 350.25 Td (on ) Tj ET Q q 0 0 0 rg BT 311.45 350.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 328.74 350.25 Td (experience. ) Tj ET Q q 0 0 0 rg BT 376.26 350.25 Td ( ) Tj ET Q q 0 0 0 rg BT 377.87 350.25 Td (The ) Tj ET Q q 0 0 0 rg BT 395.14 350.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 431.29 350.25 Td (in ) Tj ET Q q 0 0 0 rg BT 440.79 350.25 Td (ceded ) Tj ET Q q 0 0 0 rg BT 465.84 350.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 509.78 350.25 Td (commissions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 83.72 338.25 Td (from ) Tj ET Q q 0 0 0 rg BT 105.22 338.25 Td (unfavorable ) Tj ET Q q 0 0 0 rg BT 155.04 338.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 172.67 338.25 Td (ratios ) Tj ET Q q 0 0 0 rg BT 196.95 338.25 Td (on ) Tj ET Q q 0 0 0 rg BT 209.02 338.25 Td (the ) Tj ET Q q 0 0 0 rg BT 223.30 338.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 252.58 338.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 279.09 338.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 303.92 338.25 Td (of) Tj ET Q q 0 0 0 rg BT 312.07 338.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 328.57 338.25 Td (by ) Tj ET Q q 0 0 0 rg BT 340.64 338.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 380.46 338.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 398.09 338.25 Td (ratios ) Tj ET Q q 0 0 0 rg BT 422.37 338.25 Td (on ) Tj ET Q q 0 0 0 rg BT 433.98 338.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 457.67 338.25 Td ( ) Tj ET Q q 0 0 0 rg BT 459.74 338.25 Td (excess ) Tj ET Q q 0 0 0 rg BT 487.90 338.25 Td (of ) Tj ET Q q 0 0 0 rg BT 498.30 338.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 515.93 338.25 Td (reinsurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (agreements. ) Tj ET Q q 0 0 0 rg BT 100.63 326.25 Td ( ) Tj ET Q q 0 0 0 rg BT 102.66 326.25 Td (As ) Tj ET Q q 0 0 0 rg BT 116.38 326.25 Td (shown ) Tj ET Q q 0 0 0 rg BT 145.09 326.25 Td (in ) Tj ET Q q 0 0 0 rg BT 155.48 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 170.29 326.25 Td (table ) Tj ET Q q 0 0 0 rg BT 192.33 326.25 Td (in ) Tj ET Q q 0 0 0 rg BT 202.71 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.53 326.25 Td (Combined ) Tj ET Q q 0 0 0 rg BT 265.13 326.25 Td (Ratio) Tj ET Q q 0 0 0 rg BT 289.38 326.25 Td ( ) Tj ET Q q 0 0 0 rg BT 291.98 326.25 Td (section, ) Tj ET Q q 0 0 0 rg BT 325.41 326.25 Td (on ) Tj ET Q q 0 0 0 rg BT 338.01 326.25 Td (a ) Tj ET Q q 0 0 0 rg BT 345.06 326.25 Td (pro-forma ) Tj ET Q q 0 0 0 rg BT 388.20 326.25 Td (basis, ) Tj ET Q q 0 0 0 rg BT 413.30 326.25 Td (without ) Tj ET Q q 0 0 0 rg BT 446.46 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 461.28 326.25 Td (ef) Tj ET Q q 0 0 0 rg BT 468.86 326.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 486.45 326.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.38 326.25 Td (the ) Tj ET Q q 0 0 0 rg BT 512.20 326.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 539.25 326.25 Td (Share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (and ) Tj ET Q q 0 0 0 rg BT 67.06 314.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 96.90 314.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 123.96 314.25 Td (Share, ) Tj ET Q q 0 0 0 rg BT 151.85 314.25 Td (the ) Tj ET Q q 0 0 0 rg BT 166.68 314.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 213.19 314.25 Td (cost ) Tj ET Q q 0 0 0 rg BT 231.92 314.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 252.86 314.25 Td (would ) Tj ET Q q 0 0 0 rg BT 280.48 314.25 Td (have ) Tj ET Q q 0 0 0 rg BT 301.98 314.25 Td (been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.48 314.25 Td (13.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.31 314.25 Td ( ) Tj ET Q q 0 0 0 rg BT 351.93 314.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.99 314.25 Td (13.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.82 314.25 Td ( ) Tj ET Q q 0 0 0 rg BT 397.44 314.25 Td (for ) Tj ET Q q 0 0 0 rg BT 411.72 314.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.56 314.25 Td (three ) Tj ET Q q 0 0 0 rg BT 449.17 314.25 Td (month ) Tj ET Q q 0 0 0 rg BT 477.35 314.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 509.41 314.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 535.90 314.25 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.00 302.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 87.50 302.25 Td (and ) Tj ET Q q 0 0 0 rg BT 104.44 302.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.44 302.25 Td (, ) Tj ET Q q 0 0 0 rg BT 129.44 302.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 177.10 302.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.25 Td (The ) Tj ET Q q 0 0 0 rg BT 69.39 285.25 Td (other ) Tj ET Q q 0 0 0 rg BT 93.78 285.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 149.28 285.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 185.34 285.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 207.51 285.25 Td (\(including ) Tj ET Q q 0 0 0 rg BT 252.46 285.25 Td (share-based ) Tj ET Q q 0 0 0 rg BT 303.50 285.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 362.89 285.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 402.83 285.25 Td (and ) Tj ET Q q 0 0 0 rg BT 421.11 285.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 461.06 285.25 Td (incurred ) Tj ET Q q 0 0 0 rg BT 498.22 285.25 Td (related ) Tj ET Q q 0 0 0 rg BT 529.27 285.25 Td (to ) Tj ET Q q 0 0 0 rg BT 540.89 285.25 Td (stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 88.57 273.25 Td (agreements\) ) Tj ET Q q 0 0 0 rg BT 140.47 273.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.06 273.25 Td (15.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.89 273.25 Td ( ) Tj ET Q q 0 0 0 rg BT 187.92 273.25 Td (in ) Tj ET Q q 0 0 0 rg BT 198.73 273.25 Td (each ) Tj ET Q q 0 0 0 rg BT 220.08 273.25 Td (of ) Tj ET Q q 0 0 0 rg BT 231.45 273.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.70 273.25 Td (three ) Tj ET Q q 0 0 0 rg BT 269.72 273.25 Td (month ) Tj ET Q q 0 0 0 rg BT 298.31 273.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 330.78 273.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 357.70 273.25 Td (March ) Tj ET Q q 0 0 0 rg BT 386.83 273.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 402.36 273.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 425.40 273.25 Td (and ) Tj ET Q q 0 0 0 rg BT 442.87 273.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.87 273.25 Td (. ) Tj ET Q q 0 0 0 rg BT 468.19 273.25 Td (The ) Tj ET Q q 0 0 0 rg BT 486.77 273.25 Td (other ) Tj ET Q q 0 0 0 rg BT 510.35 273.25 Td (underwriting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 84.21 261.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 104.54 261.25 Td (remained ) Tj ET Q q 0 0 0 rg BT 143.75 261.25 Td (the ) Tj ET Q q 0 0 0 rg BT 157.97 261.25 Td (same ) Tj ET Q q 0 0 0 rg BT 180.53 261.25 Td (because ) Tj ET Q q 0 0 0 rg BT 214.18 261.25 Td (net ) Tj ET Q q 0 0 0 rg BT 228.40 261.25 Td (premiums ) Tj ET Q q 0 0 0 rg BT 270.40 261.25 Td (earned ) Tj ET Q q 0 0 0 rg BT 299.05 261.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 338.81 261.25 Td (over ) Tj ET Q q 0 0 0 rg BT 358.59 261.25 Td (the ) Tj ET Q q 0 0 0 rg BT 372.81 261.25 Td (same ) Tj ET Q q 0 0 0 rg BT 395.36 261.25 Td (period. ) Tj ET Q q 0 0 0 rg BT 425.42 261.25 Td ( ) Tj ET Q q 0 0 0 rg BT 427.28 261.25 Td (T) Tj ET Q q 0 0 0 rg BT 432.69 261.25 Td (otal ) Tj ET Q q 0 0 0 rg BT 449.69 261.25 Td (other ) Tj ET Q q 0 0 0 rg BT 472.24 261.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 525.90 261.25 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 90.24 249.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.73 249.25 Td ($1.2 ) Tj ET Q q 0 0 0 rg BT 122.72 249.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.62 249.25 Td ( ) Tj ET Q q 0 0 0 rg BT 154.11 249.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 193.81 249.25 Td (due ) Tj ET Q q 0 0 0 rg BT 210.74 249.25 Td (to ) Tj ET Q q 0 0 0 rg BT 221.01 249.25 Td (increases ) Tj ET Q q 0 0 0 rg BT 260.14 249.25 Td (in ) Tj ET Q q 0 0 0 rg BT 270.41 249.25 Td (bank ) Tj ET Q q 0 0 0 rg BT 292.34 249.25 Td (char) Tj ET Q q 0 0 0 rg BT 309.37 249.25 Td (ges, ) Tj ET Q q 0 0 0 rg BT 327.69 249.25 Td (boards, ) Tj ET Q q 0 0 0 rg BT 359.34 249.25 Td (bureaus ) Tj ET Q q 0 0 0 rg BT 392.92 249.25 Td (and ) Tj ET Q q 0 0 0 rg BT 409.85 249.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 464.00 249.25 Td (association ) Tj ET Q q 0 0 0 rg BT 510.92 249.25 Td (fees, ) Tj ET Q q 0 0 0 rg BT 532.01 249.25 Td (salaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.71 237.25 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 103.14 237.25 Td (depreciation ) Tj ET Q q 0 0 0 rg BT 154.84 237.25 Td (on ) Tj ET Q q 0 0 0 rg BT 167.11 237.25 Td (new ) Tj ET Q q 0 0 0 rg BT 186.04 237.25 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 239.40 237.25 Td (building ) Tj ET Q q 0 0 0 rg BT 275.01 237.25 Td (and ) Tj ET Q q 0 0 0 rg BT 291.73 237.25 Td (its ) Tj ET Q q 0 0 0 rg BT 303.45 237.25 Td (furnishings ) Tj ET Q q 0 0 0 rg BT 350.72 237.25 Td (of) Tj ET Q q 0 0 0 rg BT 358.87 237.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 375.58 237.25 Td (by ) Tj ET Q q 0 0 0 rg BT 387.86 237.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 426.23 237.25 Td (recovered ) Tj ET Q q 0 0 0 rg BT 467.92 237.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 504.63 237.25 Td (to ) Tj ET Q q 0 0 0 rg BT 514.69 237.25 Td (the ) Tj ET Q q 0 0 0 rg BT 529.18 237.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 553.67 237.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.17 225.25 Td (Anchor ) Tj ET Q q 0 0 0 rg BT 96.66 225.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 120.26 225.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 158.30 225.25 Td (agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (Also, ) Tj ET Q q 0 0 0 rg BT 73.09 208.25 Td (while ) Tj ET Q q 0 0 0 rg BT 97.01 208.25 Td (the ) Tj ET Q q 0 0 0 rg BT 110.93 208.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 137.07 208.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 161.54 208.25 Td (and ) Tj ET Q q 0 0 0 rg BT 177.68 208.25 Td (Global ) Tj ET Q q 0 0 0 rg BT 206.60 208.25 Td (Quota ) Tj ET Q q 0 0 0 rg BT 232.74 208.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 257.21 208.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 289.46 208.25 Td (a ) Tj ET Q q 0 0 0 rg BT 295.60 208.25 Td (ceding ) Tj ET Q q 0 0 0 rg BT 323.96 208.25 Td (commission ) Tj ET Q q 0 0 0 rg BT 373.99 208.25 Td (to ) Tj ET Q q 0 0 0 rg BT 383.47 208.25 Td (of) Tj ET Q q 0 0 0 rg BT 391.62 208.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 407.76 208.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 461.12 208.25 Td (expense, ) Tj ET Q q 0 0 0 rg BT 497.53 208.25 Td (this ) Tj ET Q q 0 0 0 rg BT 513.68 208.25 Td (commission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (reduces ) Tj ET Q q 0 0 0 rg BT 83.05 196.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 129.45 196.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 151.96 196.25 Td (rather ) Tj ET Q q 0 0 0 rg BT 177.79 196.25 Td (than ) Tj ET Q q 0 0 0 rg BT 197.52 196.25 Td (other ) Tj ET Q q 0 0 0 rg BT 220.59 196.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 274.76 196.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 313.37 196.25 Td (on ) Tj ET Q q 0 0 0 rg BT 325.88 196.25 Td (the ) Tj ET Q q 0 0 0 rg BT 340.62 196.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 385.34 196.25 Td (of ) Tj ET Q q 0 0 0 rg BT 396.19 196.25 Td (income ) Tj ET Q q 0 0 0 rg BT 428.13 196.25 Td (and ) Tj ET Q q 0 0 0 rg BT 445.09 196.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 508.13 196.25 Td (income. ) Tj ET Q q 0 0 0 rg BT 542.40 196.25 Td (W) Tj ET Q q 0 0 0 rg BT 551.44 196.25 Td (ith ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.25 Td (this ) Tj ET Q q 0 0 0 rg BT 67.08 184.25 Td (in ) Tj ET Q q 0 0 0 rg BT 77.49 184.25 Td (mind, ) Tj ET Q q 0 0 0 rg BT 103.18 184.25 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 149.69 184.25 Td (costs, ) Tj ET Q q 0 0 0 rg BT 174.82 184.25 Td (and ) Tj ET Q q 0 0 0 rg BT 191.89 184.25 Td (other ) Tj ET Q q 0 0 0 rg BT 215.07 184.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 269.36 184.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 308.09 184.25 Td (should ) Tj ET Q q 0 0 0 rg BT 337.39 184.25 Td (be ) Tj ET Q q 0 0 0 rg BT 349.46 184.25 Td (examined ) Tj ET Q q 0 0 0 rg BT 390.97 184.25 Td (collectively ) Tj ET Q q 0 0 0 rg BT 440.24 184.25 Td (as ) Tj ET Q q 0 0 0 rg BT 451.21 184.25 Td (total ) Tj ET Q q 0 0 0 rg BT 471.61 184.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 525.90 184.25 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 172.25 Td (understand ) Tj ET Q q 0 0 0 rg BT 106.66 172.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 146.92 172.25 Td (ef) Tj ET Q q 0 0 0 rg BT 154.51 172.25 Td (ficiency) Tj ET Q q 0 0 0 rg BT 186.06 172.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 155.25 Td (Expenses ) Tj ET Q q 0 0 0 rg BT 91.95 155.25 Td (Related ) Tj ET Q q 0 0 0 rg BT 127.22 155.25 Td (to ) Tj ET Q q 0 0 0 rg BT 138.05 155.25 Td (Stock ) Tj ET Q q 0 0 0 rg BT 164.44 155.25 Td (Pur) Tj ET Q q 0 0 0 rg BT 180.37 155.25 Td (chase ) Tj ET Q q 0 0 0 rg BT 205.65 155.25 Td (Agr) Tj ET Q q 0 0 0 rg BT 222.13 155.25 Td (eements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.80 138.25 Td (recovered ) Tj ET Q q 0 0 0 rg BT 115.91 138.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.61 138.25 Td ($520,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.11 138.25 Td ( ) Tj ET Q q 0 0 0 rg BT 158.80 138.25 Td (of ) Tj ET Q q 0 0 0 rg BT 169.83 138.25 Td (expenses ) Tj ET Q q 0 0 0 rg BT 208.62 138.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 245.76 138.25 Td (to ) Tj ET Q q 0 0 0 rg BT 256.23 138.25 Td (the ) Tj ET Q q 0 0 0 rg BT 271.14 138.25 Td (contingent ) Tj ET Q q 0 0 0 rg BT 316.05 138.25 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 366.52 138.25 Td (of ) Tj ET Q q 0 0 0 rg BT 377.54 138.25 Td (the ) Tj ET Q q 0 0 0 rg BT 391.86 138.25 Td (Anchor ) Tj ET Q q 0 0 0 rg BT 424.55 138.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 448.35 138.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 486.58 138.25 Td (agreements ) Tj ET Q q 0 0 0 rg BT 534.81 138.25 Td (related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.48 126.25 Td (the ) Tj ET Q q 0 0 0 rg BT 75.39 126.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 100.30 126.25 Td (reserve ) Tj ET Q q 0 0 0 rg BT 131.87 126.25 Td (contingency ) Tj ET Q q 0 0 0 rg BT 183.44 126.25 Td (for ) Tj ET Q q 0 0 0 rg BT 197.79 126.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.71 126.25 Td (three ) Tj ET Q q 0 0 0 rg BT 235.39 126.25 Td (month ) Tj ET Q q 0 0 0 rg BT 263.65 126.25 Td (period ) Tj ET Q q 0 0 0 rg BT 291.89 126.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 318.46 126.25 Td (March ) Tj ET Q q 0 0 0 rg BT 347.26 126.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 362.46 126.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.46 126.25 Td (. ) Tj ET Q q 0 0 0 rg BT 387.06 126.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 410.87 126.25 Td (did ) Tj ET Q q 0 0 0 rg BT 426.34 126.25 Td (not ) Tj ET Q q 0 0 0 rg BT 441.82 126.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 465.06 126.25 Td (or ) Tj ET Q q 0 0 0 rg BT 476.09 126.25 Td (recover ) Tj ET Q q 0 0 0 rg BT 508.77 126.25 Td (any ) Tj ET Q q 0 0 0 rg BT 525.90 126.25 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 86.94 114.25 Td (to ) Tj ET Q q 0 0 0 rg BT 97.22 114.25 Td (stock ) Tj ET Q q 0 0 0 rg BT 120.83 114.25 Td (purchase ) Tj ET Q q 0 0 0 rg BT 158.86 114.25 Td (agreements ) Tj ET Q q 0 0 0 rg BT 206.89 114.25 Td (for ) Tj ET Q q 0 0 0 rg BT 221.05 114.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.77 114.25 Td (three ) Tj ET Q q 0 0 0 rg BT 258.26 114.25 Td (month ) Tj ET Q q 0 0 0 rg BT 286.31 114.25 Td (period ) Tj ET Q q 0 0 0 rg BT 314.36 114.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 340.74 114.25 Td (March ) Tj ET Q q 0 0 0 rg BT 369.34 114.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 384.34 114.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.34 114.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (Combined ) Tj ET Q q 0 0 0 rg BT 96.95 97.25 Td (Ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 80.25 Td ( ) Tj ET Q q 0 0 0 rg BT 75.66 80.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 117.06 80.25 Td (ratio ) Tj ET Q q 0 0 0 rg BT 137.34 80.25 Td (for ) Tj ET Q q 0 0 0 rg BT 150.97 80.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.15 80.25 Td (three ) Tj ET Q q 0 0 0 rg BT 187.09 80.25 Td (month ) Tj ET Q q 0 0 0 rg BT 214.61 80.25 Td (period ) Tj ET Q q 0 0 0 rg BT 242.12 80.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 267.96 80.25 Td (March ) Tj ET Q q 0 0 0 rg BT 296.03 80.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 310.49 80.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.49 80.25 Td ( ) Tj ET Q q 0 0 0 rg BT 332.45 80.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.97 80.25 Td (89.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.80 80.25 Td (, ) Tj ET Q q 0 0 0 rg BT 380.26 80.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 421.65 80.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.39 80.25 Td (86.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.22 80.25 Td ( ) Tj ET Q q 0 0 0 rg BT 459.18 80.25 Td (for ) Tj ET Q q 0 0 0 rg BT 472.80 80.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.98 80.25 Td (three ) Tj ET Q q 0 0 0 rg BT 508.93 80.25 Td (month ) Tj ET Q q 0 0 0 rg BT 536.45 80.25 Td (period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 76.38 68.25 Td (March ) Tj ET Q q 0 0 0 rg BT 104.98 68.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 119.98 68.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.98 68.25 Td (. ) Tj ET Q endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 106.49 742.10 Td (profitability) Tj ET Q q 0 0 0 rg BT 153.61 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 158.72 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 169.66 742.10 Td (opposed ) Tj ET Q q 0 0 0 rg BT 205.60 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.98 742.10 Td (overall ) Tj ET Q q 0 0 0 rg BT 246.36 742.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 296.74 742.10 Td (or ) Tj ET Q q 0 0 0 rg BT 307.68 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 322.50 742.10 Td (earnings, ) Tj ET Q q 0 0 0 rg BT 361.49 742.10 Td (is ) Tj ET Q q 0 0 0 rg BT 370.77 742.10 Td (measured ) Tj ET Q q 0 0 0 rg BT 411.69 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 424.30 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 439.13 742.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 481.17 742.10 Td (ratio. ) Tj ET Q q 0 0 0 rg BT 504.42 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 522.58 742.10 Td (combined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 70.81 730.10 Td (is ) Tj ET Q q 0 0 0 rg BT 79.96 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 94.66 730.10 Td (sum ) Tj ET Q q 0 0 0 rg BT 113.81 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 124.62 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 139.32 730.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 167.91 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 184.83 730.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 213.41 730.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 259.78 730.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 294.46 730.10 Td (ratio, ) Tj ET Q q 0 0 0 rg BT 317.77 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 332.47 730.10 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 378.83 730.10 Td (cost ) Tj ET Q q 0 0 0 rg BT 397.42 730.10 Td (ratio, ) Tj ET Q q 0 0 0 rg BT 420.73 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 437.65 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.35 730.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 506.49 730.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 541.18 730.10 Td (ratio. ) Tj ET Q q 0 0 0 rg BT 564.50 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 567.00 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.91 718.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 102.49 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 112.63 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.22 718.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 169.02 718.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 189.71 718.10 Td (are ) Tj ET Q q 0 0 0 rg BT 204.29 718.10 Td (attributable ) Tj ET Q q 0 0 0 rg BT 252.19 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 262.33 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 276.92 718.10 Td (factors ) Tj ET Q q 0 0 0 rg BT 306.49 718.10 Td (described ) Tj ET Q q 0 0 0 rg BT 347.18 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 357.32 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 371.91 718.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 392.04 718.10 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 434.96 718.10 Td (Earned, ) Tj ET Q q 0 0 0 rg BT 471.48 718.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 491.61 718.10 Td (Claims ) Tj ET Q q 0 0 0 rg BT 522.32 718.10 Td (Incurred, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 706.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 119.43 706.10 Td (Costs ) Tj ET Q q 0 0 0 rg BT 144.17 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 161.10 706.10 Td (Other ) Tj ET Q q 0 0 0 rg BT 186.37 706.10 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 242.75 706.10 Td (Expenses) Tj ET Q q 0 0 0 rg BT 283.11 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 285.61 706.10 Td (sections ) Tj ET Q q 0 0 0 rg BT 320.32 706.10 Td (above. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.58 689.10 Td (table ) Tj ET Q q 0 0 0 rg BT 89.05 689.10 Td (below ) Tj ET Q q 0 0 0 rg BT 115.52 689.10 Td (indicates ) Tj ET Q q 0 0 0 rg BT 153.10 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.35 689.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 196.59 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 206.96 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.21 689.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 247.68 689.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 272.48 689.10 Td (and ) Tj ET Q q 0 0 0 rg BT 288.95 689.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 318.20 689.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 344.68 689.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 369.48 689.10 Td (on ) Tj ET Q q 0 0 0 rg BT 381.51 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.76 689.10 Td (various ) Tj ET Q q 0 0 0 rg BT 427.23 689.10 Td (components ) Tj ET Q q 0 0 0 rg BT 477.59 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 487.96 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 502.21 689.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 543.67 689.10 Td (ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.10 Td (for ) Tj ET Q q 0 0 0 rg BT 64.16 677.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.88 677.10 Td (three ) Tj ET Q q 0 0 0 rg BT 101.36 677.10 Td (month ) Tj ET Q q 0 0 0 rg BT 129.42 677.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 161.36 677.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 187.73 677.10 Td (March ) Tj ET Q q 0 0 0 rg BT 216.33 677.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 231.33 677.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 253.83 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 270.77 677.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.77 677.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 619.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 619.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 619.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 619.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 619.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 589.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 589.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 589.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 589.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 589.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 559.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 559.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 559.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 559.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 559.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 529.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 529.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 529.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 529.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 529.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 499.60 282.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 499.60 60.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 499.60 55.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 499.60 60.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 499.60 55.00 -11.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 459.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 459.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 459.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 459.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 459.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 429.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 429.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 429.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 429.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 429.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 399.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 399.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 399.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 399.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 399.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 369.60 282.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 369.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 369.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 369.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 369.60 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 661.6 m 391.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 647.6 m 391.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 661.6 m 446.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 661.6 m 506.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 661.6 m 561.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 647.6 m 391.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 633.6 m 391.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 647.6 m 446.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 633.6 m 446.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 647.6 m 506.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 633.6 m 506.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 647.6 m 561.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 633.6 m 561.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 619.6 m 391.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 619.6 m 446.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 619.6 m 506.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 619.6 m 561.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 619.6 m 391.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 604.6 m 391.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 604.6 m 446.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 619.6 m 506.5 619.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 604.6 m 506.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 604.6 m 561.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 604.6 m 446.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 604.6 m 561.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 514.6 m 391.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 514.6 m 446.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 514.6 m 506.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 514.6 m 561.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 514.6 m 391.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 500.6 m 391.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 498.6 m 391.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 514.6 m 446.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 500.6 m 446.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 498.6 m 446.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 514.6 m 506.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 500.6 m 506.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 498.6 m 506.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 514.6 m 561.5 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 500.6 m 561.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 498.6 m 561.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 459.6 m 391.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 459.6 m 446.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 459.6 m 506.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 459.6 m 561.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 459.6 m 446.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 459.6 m 561.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 369.6 m 391.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 369.6 m 446.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 369.6 m 506.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 369.6 m 561.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 369.6 m 391.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 355.6 m 391.5 355.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 353.6 m 391.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 369.6 m 446.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 355.6 m 446.5 355.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 353.6 m 446.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 369.6 m 506.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 355.6 m 506.5 355.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 353.6 m 506.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 369.6 m 561.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 355.6 m 561.5 355.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 353.6 m 561.5 353.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 652.28 Td (\($ in 000s, per) Tj ET Q q 0 0 0 rg BT 115.24 652.28 Td (centages to net pr) Tj ET Q q 0 0 0 rg BT 190.32 652.28 Td (emiums earned\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 652.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 401.68 652.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 355.40 638.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 374.19 638.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.40 638.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 489.19 638.28 Td (ch 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 624.28 Td (Gr) Tj ET Q q 0 0 0 rg BT 64.13 624.28 Td (oss of Quota Shar) Tj ET Q q 0 0 0 rg BT 139.79 624.28 Td (e and Global Quota Shar) Tj ET Q q 0 0 0 rg BT 246.30 624.28 Td (e:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.45 624.28 Td (Amount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.50 624.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.45 624.28 Td (Amount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.50 624.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 609.27 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 609.27 Td (62,125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.75 609.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 609.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 609.27 Td (55,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.75 609.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 609.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 594.27 Td (Net claims incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 594.27 Td (38,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 594.27 Td (61.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 594.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 594.27 Td (32,487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 594.27 Td (58.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 594.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 579.27 Td (Acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 579.27 Td (8,236) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 579.27 Td (13.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 579.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 579.27 Td (7,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 579.27 Td (13.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 579.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 564.27 Td (Other insurance general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 564.27 Td (9,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 564.27 Td (15.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 564.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 564.27 Td (7,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 564.27 Td (14.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 564.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 549.27 Td (Deferred policy acquisition costs amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.30 549.32 Td (\(261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.45 549.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 549.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 549.32 Td (\(373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 549.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 549.27 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 549.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 534.27 Td (Expenses recovered related to stock purchase agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.30 534.32 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 534.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.45 534.27 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 534.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 534.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 534.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 519.27 Td (Share-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 519.27 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.80 519.27 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 519.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 519.27 Td (320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 519.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 519.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 504.28 Td (T) Tj ET Q q 0 0 0 rg BT 58.21 504.28 Td (otal underwriting pr) Tj ET Q q 0 0 0 rg BT 145.44 504.28 Td (ofit and combined ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 504.27 Td (6,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 504.27 Td (89.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 504.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 504.27 Td (7,561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 504.27 Td (86.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 504.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 479.28 Td (Net of Quota Shar) Tj ET Q q 0 0 0 rg BT 129.96 479.28 Td (e and Global Quota Shar) Tj ET Q q 0 0 0 rg BT 236.47 479.28 Td (e:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 464.27 Td (Net premiums earned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 464.27 Td (55,892) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.75 464.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 464.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 464.27 Td (48,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.75 464.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 464.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 449.27 Td (Net claims incurred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 449.27 Td (35,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 449.27 Td (62.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 449.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 449.27 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 449.27 Td (60.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 449.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 434.27 Td (Acquisition costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 434.27 Td (5,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 434.27 Td (10.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 434.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 434.27 Td (5,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 434.27 Td (10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 434.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 419.27 Td (Other insurance general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 419.27 Td (9,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 419.27 Td (16.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 419.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 419.27 Td (7,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 419.27 Td (16.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 419.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 404.27 Td (Deferred policy acquisition costs amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.30 404.32 Td (\(261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 404.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.45 404.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 404.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 404.32 Td (\(373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 404.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 404.27 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 404.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 389.27 Td (Expenses recovered related to stock purchase agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.30 389.32 Td (\(520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 389.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.45 389.27 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 389.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 389.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 389.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 374.27 Td (Share-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 374.27 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.80 374.27 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 374.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 374.27 Td (320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 374.27 Td (0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 374.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 359.28 Td (T) Tj ET Q q 0 0 0 rg BT 57.75 359.28 Td (otal underwriting pr) Tj ET Q q 0 0 0 rg BT 145.35 359.28 Td (ofit and combined ratio) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 359.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 359.27 Td (5,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 359.27 Td (89.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 359.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 359.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 359.27 Td (6,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.75 359.27 Td (86.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 359.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 338.10 Td (Investment ) Tj ET Q q 0 0 0 rg BT 117.76 338.10 Td (Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.19 321.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 113.83 321.10 Td (income ) Tj ET Q q 0 0 0 rg BT 146.02 321.10 Td (is ) Tj ET Q q 0 0 0 rg BT 155.45 321.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 195.42 321.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 239.83 321.10 Td (of ) Tj ET Q q 0 0 0 rg BT 250.92 321.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 283.11 321.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 317.80 321.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 355.55 321.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 390.24 321.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.43 321.10 Td (income ) Tj ET Q q 0 0 0 rg BT 439.62 321.10 Td (from ) Tj ET Q q 0 0 0 rg BT 461.82 321.10 Td (other ) Tj ET Q q 0 0 0 rg BT 485.12 321.10 Td (invested ) Tj ET Q q 0 0 0 rg BT 521.20 321.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 549.79 321.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (of ) Tj ET Q q 0 0 0 rg BT 59.73 309.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 105.02 309.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 145.02 309.10 Td (which ) Tj ET Q q 0 0 0 rg BT 170.86 309.10 Td (are ) Tj ET Q q 0 0 0 rg BT 184.48 309.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 227.53 309.10 Td (of ) Tj ET Q q 0 0 0 rg BT 237.27 309.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 282.55 309.10 Td (management ) Tj ET Q q 0 0 0 rg BT 335.05 309.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 355.05 309.10 Td (custodial ) Tj ET Q q 0 0 0 rg BT 392.56 309.10 Td (fees, ) Tj ET Q q 0 0 0 rg BT 412.56 309.10 Td (and ) Tj ET Q q 0 0 0 rg BT 428.40 309.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 465.89 309.10 Td (salaries. ) Tj ET Q q 0 0 0 rg BT 502.28 309.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 518.13 309.10 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.10 Td (income, ) Tj ET Q q 0 0 0 rg BT 84.38 297.10 Td (net ) Tj ET Q q 0 0 0 rg BT 99.04 297.10 Td (of ) Tj ET Q q 0 0 0 rg BT 109.82 297.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 156.15 297.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 197.19 297.10 Td (decreased ) Tj ET Q q 0 0 0 rg BT 239.05 297.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.50 297.10 Td ($179,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.00 297.10 Td ( ) Tj ET Q q 0 0 0 rg BT 291.45 297.10 Td (over ) Tj ET Q q 0 0 0 rg BT 311.66 297.10 Td (the ) Tj ET Q q 0 0 0 rg BT 326.32 297.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 348.21 297.10 Td (year ) Tj ET Q q 0 0 0 rg BT 367.86 297.10 Td (period. ) Tj ET Q q 0 0 0 rg BT 398.18 297.10 Td (The ) Tj ET Q q 0 0 0 rg BT 416.17 297.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 453.03 297.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 487.13 297.10 Td (from ) Tj ET Q q 0 0 0 rg BT 509.02 297.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 534.23 297.10 Td (returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.10 Td (on ) Tj ET Q q 0 0 0 rg BT 63.01 285.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 91.02 285.10 Td (method ) Tj ET Q q 0 0 0 rg BT 124.03 285.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 174.81 285.10 Td (and ) Tj ET Q q 0 0 0 rg BT 192.26 285.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 220.82 285.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 267.71 285.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 306.82 285.10 Td (of) Tj ET Q q 0 0 0 rg BT 314.97 285.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 332.42 285.10 Td (by ) Tj ET Q q 0 0 0 rg BT 345.43 285.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 373.99 285.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 406.44 285.10 Td (income ) Tj ET Q q 0 0 0 rg BT 438.88 285.10 Td (on ) Tj ET Q q 0 0 0 rg BT 451.90 285.10 Td (our ) Tj ET Q q 0 0 0 rg BT 468.24 285.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 491.80 285.10 Td (income ) Tj ET Q q 0 0 0 rg BT 524.24 285.10 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 90.34 273.10 Td (This ) Tj ET Q q 0 0 0 rg BT 111.18 273.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 139.79 273.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 172.29 273.10 Td (income ) Tj ET Q q 0 0 0 rg BT 204.79 273.10 Td (on ) Tj ET Q q 0 0 0 rg BT 217.86 273.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 241.47 273.10 Td (income ) Tj ET Q q 0 0 0 rg BT 273.97 273.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 314.80 273.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 349.52 273.10 Td (from ) Tj ET Q q 0 0 0 rg BT 372.02 273.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 412.84 273.10 Td (yields ) Tj ET Q q 0 0 0 rg BT 439.79 273.10 Td (on ) Tj ET Q q 0 0 0 rg BT 452.86 273.10 Td (the ) Tj ET Q q 0 0 0 rg BT 468.14 273.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 491.75 273.10 Td (income ) Tj ET Q q 0 0 0 rg BT 524.25 273.10 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 89.50 261.10 Td (The ) Tj ET Q q 0 0 0 rg BT 107.20 261.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 130.47 261.10 Td (annualized ) Tj ET Q q 0 0 0 rg BT 175.94 261.10 Td (yield ) Tj ET Q q 0 0 0 rg BT 198.09 261.10 Td (on ) Tj ET Q q 0 0 0 rg BT 210.25 261.10 Td (our ) Tj ET Q q 0 0 0 rg BT 225.74 261.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 248.44 261.10 Td (income ) Tj ET Q q 0 0 0 rg BT 280.03 261.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 319.95 261.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.66 261.10 Td (2.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.49 261.10 Td ( ) Tj ET Q q 0 0 0 rg BT 360.65 261.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.24 261.10 Td (2.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.07 261.10 Td ( ) Tj ET Q q 0 0 0 rg BT 400.23 261.10 Td (for ) Tj ET Q q 0 0 0 rg BT 414.05 261.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.42 261.10 Td (three ) Tj ET Q q 0 0 0 rg BT 450.56 261.10 Td (month ) Tj ET Q q 0 0 0 rg BT 478.28 261.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 509.87 261.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 535.91 261.10 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 64.59 249.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 86.67 249.10 Td (and ) Tj ET Q q 0 0 0 rg BT 103.20 249.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.20 249.10 Td (, ) Tj ET Q q 0 0 0 rg BT 127.79 249.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 175.45 249.10 Td (.) Tj ET Q q 0 0 0 rg BT 180.27 249.10 Td (The ) Tj ET Q q 0 0 0 rg BT 197.90 249.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 232.74 249.10 Td (in ) Tj ET Q q 0 0 0 rg BT 242.61 249.10 Td (the ) Tj ET Q q 0 0 0 rg BT 256.91 249.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 280.11 249.10 Td (annualized ) Tj ET Q q 0 0 0 rg BT 325.51 249.10 Td (yield ) Tj ET Q q 0 0 0 rg BT 347.60 249.10 Td (was ) Tj ET Q q 0 0 0 rg BT 365.23 249.10 Td (due ) Tj ET Q q 0 0 0 rg BT 381.76 249.10 Td (to ) Tj ET Q q 0 0 0 rg BT 391.63 249.10 Td (management) Tj ET Q q 0 0 0 rg BT 445.49 249.10 Td (s ) Tj ET Q q 0 0 0 rg BT 451.47 249.10 Td (decision ) Tj ET Q q 0 0 0 rg BT 486.88 249.10 Td (to ) Tj ET Q q 0 0 0 rg BT 496.75 249.10 Td (use ) Tj ET Q q 0 0 0 rg BT 512.17 249.10 Td (the ) Tj ET Q q 0 0 0 rg BT 526.47 249.10 Td (proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.10 Td (from ) Tj ET Q q 0 0 0 rg BT 72.18 237.10 Td (the ) Tj ET Q q 0 0 0 rg BT 87.14 237.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 123.76 237.10 Td (and ) Tj ET Q q 0 0 0 rg BT 140.94 237.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 163.12 237.10 Td (of ) Tj ET Q q 0 0 0 rg BT 174.19 237.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 204.14 237.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 227.43 237.10 Td (income ) Tj ET Q q 0 0 0 rg BT 259.60 237.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 300.11 237.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.63 237.10 Td (purchase ) Tj ET Q q 0 0 0 rg BT 348.91 237.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 372.19 237.10 Td (income ) Tj ET Q q 0 0 0 rg BT 404.37 237.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 444.88 237.10 Td (with ) Tj ET Q q 0 0 0 rg BT 465.40 237.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 493.68 237.10 Td (yields. ) Tj ET Q q 0 0 0 rg BT 522.61 237.10 Td (The ) Tj ET Q q 0 0 0 rg BT 540.90 237.10 Td (gross ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.10 Td (annualized ) Tj ET Q q 0 0 0 rg BT 96.28 225.10 Td (yield ) Tj ET Q q 0 0 0 rg BT 119.25 225.10 Td (on ) Tj ET Q q 0 0 0 rg BT 132.22 225.10 Td (our ) Tj ET Q q 0 0 0 rg BT 148.53 225.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 169.27 225.10 Td (and ) Tj ET Q q 0 0 0 rg BT 186.68 225.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 207.42 225.10 Td (equivalents ) Tj ET Q q 0 0 0 rg BT 255.93 225.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.46 225.10 Td (0.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.29 225.10 Td ( ) Tj ET Q q 0 0 0 rg BT 298.26 225.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.67 225.10 Td (0.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.50 225.10 Td ( ) Tj ET Q q 0 0 0 rg BT 339.48 225.10 Td (for ) Tj ET Q q 0 0 0 rg BT 354.11 225.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.30 225.10 Td (three ) Tj ET Q q 0 0 0 rg BT 392.26 225.10 Td (month ) Tj ET Q q 0 0 0 rg BT 420.79 225.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 453.20 225.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 480.05 225.10 Td (March ) Tj ET Q q 0 0 0 rg BT 509.12 225.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 524.59 225.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 547.56 225.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 213.10 Td (, ) Tj ET Q q 0 0 0 rg BT 74.95 213.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 122.61 213.10 Td (.) Tj ET Q q 0 0 0 rg BT 127.43 213.10 Td (The ) Tj ET Q q 0 0 0 rg BT 145.43 213.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 180.64 213.10 Td (in ) Tj ET Q q 0 0 0 rg BT 190.87 213.10 Td (the ) Tj ET Q q 0 0 0 rg BT 205.54 213.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 229.11 213.10 Td (annualized ) Tj ET Q q 0 0 0 rg BT 274.88 213.10 Td (yield ) Tj ET Q q 0 0 0 rg BT 297.32 213.10 Td (on ) Tj ET Q q 0 0 0 rg BT 309.78 213.10 Td (our ) Tj ET Q q 0 0 0 rg BT 325.56 213.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 345.78 213.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 396.01 213.10 Td (was ) Tj ET Q q 0 0 0 rg BT 414.02 213.10 Td (due ) Tj ET Q q 0 0 0 rg BT 430.91 213.10 Td (to ) Tj ET Q q 0 0 0 rg BT 441.14 213.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 469.14 213.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 501.03 213.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 522.36 213.10 Td (on ) Tj ET Q q 0 0 0 rg BT 534.81 213.10 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 87.49 201.10 Td (and ) Tj ET Q q 0 0 0 rg BT 104.42 201.10 Td (higher ) Tj ET Q q 0 0 0 rg BT 132.47 201.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 169.39 201.10 Td (in ) Tj ET Q q 0 0 0 rg BT 179.67 201.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 217.16 201.10 Td (earning ) Tj ET Q q 0 0 0 rg BT 249.64 201.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 279.90 201.10 Td (interest. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (For ) Tj ET Q q 0 0 0 rg BT 66.37 184.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.07 184.10 Td (three ) Tj ET Q q 0 0 0 rg BT 103.53 184.10 Td (month ) Tj ET Q q 0 0 0 rg BT 131.57 184.10 Td (period ) Tj ET Q q 0 0 0 rg BT 159.59 184.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.95 184.10 Td (March ) Tj ET Q q 0 0 0 rg BT 214.53 184.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 229.51 184.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.51 184.10 Td (, ) Tj ET Q q 0 0 0 rg BT 254.49 184.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 281.96 184.10 Td (method ) Tj ET Q q 0 0 0 rg BT 314.44 184.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 364.69 184.10 Td (and ) Tj ET Q q 0 0 0 rg BT 381.61 184.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 421.29 184.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 444.87 184.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 486.21 184.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 532.58 184.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.69 172.10 Td ($183,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.19 172.10 Td (, ) Tj ET Q q 0 0 0 rg BT 105.05 172.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 147.83 172.10 Td (to ) Tj ET Q q 0 0 0 rg BT 158.97 172.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 206.21 172.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 172.10 Td ($476,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.50 172.10 Td ( ) Tj ET Q q 0 0 0 rg BT 279.86 172.10 Td (for ) Tj ET Q q 0 0 0 rg BT 294.88 172.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.45 172.10 Td (three ) Tj ET Q q 0 0 0 rg BT 333.79 172.10 Td (month ) Tj ET Q q 0 0 0 rg BT 362.71 172.10 Td (period ) Tj ET Q q 0 0 0 rg BT 391.61 172.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 418.85 172.10 Td (March ) Tj ET Q q 0 0 0 rg BT 448.31 172.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 464.17 172.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.17 172.10 Td (. ) Tj ET Q q 0 0 0 rg BT 489.78 172.10 Td (The ) Tj ET Q q 0 0 0 rg BT 508.69 172.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 546.46 172.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.80 160.10 Td (due ) Tj ET Q q 0 0 0 rg BT 106.83 160.10 Td (to ) Tj ET Q q 0 0 0 rg BT 117.20 160.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 142.55 160.10 Td (than ) Tj ET Q q 0 0 0 rg BT 162.36 160.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 200.48 160.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 235.28 160.10 Td (to ) Tj ET Q q 0 0 0 rg BT 245.65 160.10 Td (the ) Tj ET Q q 0 0 0 rg BT 260.45 160.10 Td (net ) Tj ET Q q 0 0 0 rg BT 275.26 160.10 Td (book ) Tj ET Q q 0 0 0 rg BT 297.85 160.10 Td (value ) Tj ET Q q 0 0 0 rg BT 322.09 160.10 Td (of ) Tj ET Q q 0 0 0 rg BT 333.01 160.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 362.80 160.10 Td (partnerships. ) Tj ET Q q 0 0 0 rg BT 416.77 160.10 Td (Investment ) Tj ET Q q 0 0 0 rg BT 463.79 160.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 502.48 160.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 160.10 Td ($283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.50 160.10 Td (,000 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.54 148.10 Td ($221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.54 148.10 Td (,000 ) Tj ET Q q 0 0 0 rg BT 108.14 148.10 Td (for ) Tj ET Q q 0 0 0 rg BT 122.90 148.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.21 148.10 Td (three ) Tj ET Q q 0 0 0 rg BT 161.30 148.10 Td (month ) Tj ET Q q 0 0 0 rg BT 189.96 148.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 222.49 148.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 249.47 148.10 Td (March ) Tj ET Q q 0 0 0 rg BT 278.67 148.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 294.27 148.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 317.37 148.10 Td (and ) Tj ET Q q 0 0 0 rg BT 334.91 148.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.91 148.10 Td (, ) Tj ET Q q 0 0 0 rg BT 360.50 148.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 408.17 148.10 Td (. ) Tj ET Q q 0 0 0 rg BT 413.54 148.10 Td (The ) Tj ET Q q 0 0 0 rg BT 432.19 148.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 468.04 148.10 Td (in ) Tj ET Q q 0 0 0 rg BT 478.92 148.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 525.90 148.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 83.18 136.10 Td (from ) Tj ET Q q 0 0 0 rg BT 104.15 136.10 Td (an ) Tj ET Q q 0 0 0 rg BT 115.11 136.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 149.39 136.10 Td (in ) Tj ET Q q 0 0 0 rg BT 158.69 136.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 197.97 136.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 235.60 136.10 Td (allocated ) Tj ET Q q 0 0 0 rg BT 273.21 136.10 Td (to ) Tj ET Q q 0 0 0 rg BT 282.52 136.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 331.82 136.10 Td (of) Tj ET Q q 0 0 0 rg BT 339.97 136.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 355.93 136.10 Td (by ) Tj ET Q q 0 0 0 rg BT 367.46 136.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 391.75 136.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 437.16 136.10 Td (manager ) Tj ET Q q 0 0 0 rg BT 473.11 136.10 Td (fees. ) Tj ET Q q 0 0 0 rg BT 492.90 136.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 516.59 136.10 Td ( ) Tj ET Q q 0 0 0 rg BT 518.12 136.10 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (manager ) Tj ET Q q 0 0 0 rg BT 86.92 124.10 Td (fees ) Tj ET Q q 0 0 0 rg BT 105.52 124.10 Td (are ) Tj ET Q q 0 0 0 rg BT 120.23 124.10 Td (based ) Tj ET Q q 0 0 0 rg BT 145.50 124.10 Td (on ) Tj ET Q q 0 0 0 rg BT 158.00 124.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.71 124.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 189.09 124.10 Td (market ) Tj ET Q q 0 0 0 rg BT 219.36 124.10 Td (value ) Tj ET Q q 0 0 0 rg BT 243.51 124.10 Td (of ) Tj ET Q q 0 0 0 rg BT 254.34 124.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.06 124.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 314.88 124.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 337.93 124.10 Td (income ) Tj ET Q q 0 0 0 rg BT 369.86 124.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 410.13 124.10 Td (and ) Tj ET Q q 0 0 0 rg BT 427.07 124.10 Td (equities. ) Tj ET Q endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Inter) Tj ET Q q 0 0 0 rg BT 71.48 742.25 Td (est ) Tj ET Q q 0 0 0 rg BT 85.64 742.25 Td (Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (On ) Tj ET Q q 0 0 0 rg BT 63.49 725.25 Td (April ) Tj ET Q q 0 0 0 rg BT 86.23 725.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 100.35 725.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 124.12 725.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 146.86 725.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.48 725.25 Td ($25 ) Tj ET Q q 0 0 0 rg BT 190.11 725.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 220.63 725.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.59 725.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.14 725.25 Td (-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 725.25 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.13 725.25 Td ( ) Tj ET Q q 0 0 0 rg BT 300.76 725.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 326.82 725.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 368.99 725.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 391.72 725.25 Td (and ) Tj ET Q q 0 0 0 rg BT 407.79 725.25 Td (received ) Tj ET Q q 0 0 0 rg BT 443.28 725.25 Td (net ) Tj ET Q q 0 0 0 rg BT 457.12 725.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 494.29 725.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.25 725.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td ($23.9 ) Tj ET Q q 0 0 0 rg BT 74.72 713.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.61 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 105.84 713.25 Td (after ) Tj ET Q q 0 0 0 rg BT 126.38 713.25 Td (deducting ) Tj ET Q q 0 0 0 rg BT 168.03 713.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 221.91 713.25 Td (discounts ) Tj ET Q q 0 0 0 rg BT 261.91 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 278.57 713.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 333.02 713.25 Td (and ) Tj ET Q q 0 0 0 rg BT 349.69 713.25 Td (other ) Tj ET Q q 0 0 0 rg BT 372.46 713.25 Td (of) Tj ET Q q 0 0 0 rg BT 380.61 713.25 Td (fering ) Tj ET Q q 0 0 0 rg BT 406.71 713.25 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 447.04 713.25 Td (A) Tj ET Q q 0 0 0 rg BT 453.71 713.25 Td ( ) Tj ET Q q 0 0 0 rg BT 455.93 713.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 487.04 713.25 Td (of ) Tj ET Q q 0 0 0 rg BT 497.59 713.25 Td (the ) Tj ET Q q 0 0 0 rg BT 512.03 713.25 Td (net ) Tj ET Q q 0 0 0 rg BT 526.47 713.25 Td (proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (from ) Tj ET Q q 0 0 0 rg BT 72.67 701.25 Td (this ) Tj ET Q q 0 0 0 rg BT 90.36 701.25 Td (issuance, ) Tj ET Q q 0 0 0 rg BT 129.97 701.25 Td (together ) Tj ET Q q 0 0 0 rg BT 165.97 701.25 Td (with ) Tj ET Q q 0 0 0 rg BT 186.98 701.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 207.98 701.25 Td (on ) Tj ET Q q 0 0 0 rg BT 221.22 701.25 Td (hand, ) Tj ET Q q 0 0 0 rg BT 246.39 701.25 Td (were ) Tj ET Q q 0 0 0 rg BT 269.06 701.25 Td (used ) Tj ET Q q 0 0 0 rg BT 290.62 701.25 Td (to ) Tj ET Q q 0 0 0 rg BT 301.63 701.25 Td (repay ) Tj ET Q q 0 0 0 rg BT 327.08 701.25 Td (all ) Tj ET Q q 0 0 0 rg BT 340.31 701.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 390.21 701.25 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 438.99 701.25 Td (under ) Tj ET Q q 0 0 0 rg BT 465.00 701.25 Td (the ) Tj ET Q q 0 0 0 rg BT 480.45 701.25 Td (Loan ) Tj ET Q q 0 0 0 rg BT 503.51 701.25 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 553.67 701.25 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (defined ) Tj ET Q q 0 0 0 rg BT 82.94 689.25 Td (below ) Tj ET Q q 0 0 0 rg BT 110.34 689.25 Td (in ) Tj ET Q q 0 0 0 rg BT 121.07 689.25 Td (the ) Tj ET Q q 0 0 0 rg BT 136.25 689.25 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 179.75 689.25 Td (and ) Tj ET Q q 0 0 0 rg BT 197.15 689.25 Td (Capital ) Tj ET Q q 0 0 0 rg BT 228.99 689.25 Td (Resources) Tj ET Q q 0 0 0 rg BT 272.67 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 275.63 689.25 Td (section. ) Tj ET Q q 0 0 0 rg BT 309.41 689.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 342.35 689.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 377.52 689.25 Td (on ) Tj ET Q q 0 0 0 rg BT 390.47 689.25 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 440.10 689.25 Td (borrowings ) Tj ET Q q 0 0 0 rg BT 488.60 689.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.11 689.25 Td ($456,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.61 689.25 Td ( ) Tj ET Q q 0 0 0 rg BT 547.57 689.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.25 Td ($275,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 677.25 Td ( ) Tj ET Q q 0 0 0 rg BT 89.73 677.25 Td (for ) Tj ET Q q 0 0 0 rg BT 103.63 677.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.08 677.25 Td (three ) Tj ET Q q 0 0 0 rg BT 140.29 677.25 Td (month ) Tj ET Q q 0 0 0 rg BT 168.08 677.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 199.75 677.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 225.86 677.25 Td (March ) Tj ET Q q 0 0 0 rg BT 254.20 677.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 268.93 677.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 291.16 677.25 Td (and ) Tj ET Q q 0 0 0 rg BT 307.83 677.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.83 677.25 Td (, ) Tj ET Q q 0 0 0 rg BT 332.57 677.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 380.23 677.25 Td (. ) Tj ET Q q 0 0 0 rg BT 384.80 677.25 Td (The ) Tj ET Q q 0 0 0 rg BT 402.58 677.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 437.57 677.25 Td (in ) Tj ET Q q 0 0 0 rg BT 447.58 677.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 479.24 677.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 513.68 677.25 Td (for ) Tj ET Q q 0 0 0 rg BT 527.58 677.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.03 677.25 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.25 Td (month ) Tj ET Q q 0 0 0 rg BT 78.49 665.25 Td (period ) Tj ET Q q 0 0 0 rg BT 106.96 665.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 133.77 665.25 Td (March ) Tj ET Q q 0 0 0 rg BT 162.79 665.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 178.22 665.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.22 665.25 Td ( ) Tj ET Q q 0 0 0 rg BT 201.15 665.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 241.29 665.25 Td (resulted ) Tj ET Q q 0 0 0 rg BT 275.88 665.25 Td (from ) Tj ET Q q 0 0 0 rg BT 298.24 665.25 Td (a ) Tj ET Q q 0 0 0 rg BT 305.61 665.25 Td (higher ) Tj ET Q q 0 0 0 rg BT 334.09 665.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 366.45 665.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 384.36 665.25 Td (related ) Tj ET Q q 0 0 0 rg BT 414.49 665.25 Td (to ) Tj ET Q q 0 0 0 rg BT 425.20 665.25 Td (the ) Tj ET Q q 0 0 0 rg BT 440.35 665.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 467.71 665.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 511.18 665.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 535.22 665.25 Td (and ) Tj ET Q q 0 0 0 rg BT 552.58 665.25 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 85.25 653.25 Td (in ) Tj ET Q q 0 0 0 rg BT 95.53 653.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 115.25 653.25 Td (outstanding. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 636.25 Td (Loss ) Tj ET Q q 0 0 0 rg BT 71.95 636.25 Td (fr) Tj ET Q q 0 0 0 rg BT 79.54 636.25 Td (om ) Tj ET Q q 0 0 0 rg BT 95.37 636.25 Td (Change ) Tj ET Q q 0 0 0 rg BT 130.65 636.25 Td (in ) Tj ET Q q 0 0 0 rg BT 141.49 636.25 Td (Fair) Tj ET Q q 0 0 0 rg BT 159.64 636.25 Td ( ) Tj ET Q q 0 0 0 rg BT 161.96 636.25 Td (V) Tj ET Q q 0 0 0 rg BT 168.26 636.25 Td (alue ) Tj ET Q q 0 0 0 rg BT 188.54 636.25 Td (of ) Tj ET Q q 0 0 0 rg BT 199.37 636.25 Td (Equity ) Tj ET Q q 0 0 0 rg BT 230.77 636.25 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.25 Td (Beginning ) Tj ET Q q 0 0 0 rg BT 93.43 619.25 Td (January ) Tj ET Q q 0 0 0 rg BT 126.29 619.25 Td (1, ) Tj ET Q q 0 0 0 rg BT 135.55 619.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 159.43 619.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 182.30 619.25 Td (adopted ) Tj ET Q q 0 0 0 rg BT 215.33 619.25 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 263.74 619.25 Td (Standards ) Tj ET Q q 0 0 0 rg BT 304.94 619.25 Td (Update ) Tj ET Q q 0 0 0 rg BT 335.58 619.25 Td (2016-01, ) Tj ET Q q 0 0 0 rg BT 373.18 619.25 Td (which ) Tj ET Q q 0 0 0 rg BT 399.38 619.25 Td (requires ) Tj ET Q q 0 0 0 rg BT 433.35 619.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 467.32 619.25 Td (in ) Tj ET Q q 0 0 0 rg BT 476.86 619.25 Td (the ) Tj ET Q q 0 0 0 rg BT 490.84 619.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 534.24 619.25 Td (market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (value ) Tj ET Q q 0 0 0 rg BT 74.17 607.25 Td (of ) Tj ET Q q 0 0 0 rg BT 85.00 607.25 Td (equities ) Tj ET Q q 0 0 0 rg BT 118.62 607.25 Td (held ) Tj ET Q q 0 0 0 rg BT 138.34 607.25 Td (at ) Tj ET Q q 0 0 0 rg BT 148.07 607.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 164.46 607.25 Td (value ) Tj ET Q q 0 0 0 rg BT 188.62 607.25 Td (to ) Tj ET Q q 0 0 0 rg BT 198.91 607.25 Td (be ) Tj ET Q q 0 0 0 rg BT 210.86 607.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 248.34 607.25 Td (through ) Tj ET Q q 0 0 0 rg BT 281.96 607.25 Td (net ) Tj ET Q q 0 0 0 rg BT 296.69 607.25 Td (income. ) Tj ET Q q 0 0 0 rg BT 330.58 607.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 354.20 607.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 391.68 607.25 Td (a ) Tj ET Q q 0 0 0 rg BT 398.63 607.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 416.70 607.25 Td (of ) Tj ET Q q 0 0 0 rg BT 427.54 607.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.05 607.25 Td ($128,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.55 607.25 Td ( ) Tj ET Q q 0 0 0 rg BT 470.06 607.25 Td (through ) Tj ET Q q 0 0 0 rg BT 503.68 607.25 Td (net ) Tj ET Q q 0 0 0 rg BT 518.41 607.25 Td (income ) Tj ET Q q 0 0 0 rg BT 550.35 607.25 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 595.25 Td (quarter ) Tj ET Q q 0 0 0 rg BT 95.53 595.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.91 595.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 165.51 595.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.51 595.25 Td ( ) Tj ET Q q 0 0 0 rg BT 188.01 595.25 Td (related ) Tj ET Q q 0 0 0 rg BT 217.71 595.25 Td (to ) Tj ET Q q 0 0 0 rg BT 227.99 595.25 Td (the ) Tj ET Q q 0 0 0 rg BT 242.71 595.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 277.41 595.25 Td (in ) Tj ET Q q 0 0 0 rg BT 287.69 595.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 331.83 595.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 368.22 595.25 Td (on ) Tj ET Q q 0 0 0 rg BT 380.72 595.25 Td (equities ) Tj ET Q q 0 0 0 rg BT 414.32 595.25 Td (held ) Tj ET Q q 0 0 0 rg BT 434.04 595.25 Td (at ) Tj ET Q q 0 0 0 rg BT 443.75 595.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 460.13 595.25 Td (value. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (Net Realized Investment Gains) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.29 561.25 Td (realized ) Tj ET Q q 0 0 0 rg BT 101.77 561.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 148.50 561.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 172.46 561.25 Td (is ) Tj ET Q q 0 0 0 rg BT 181.97 561.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 226.47 561.25 Td (of ) Tj ET Q q 0 0 0 rg BT 237.65 561.25 Td (the ) Tj ET Q q 0 0 0 rg BT 252.71 561.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 276.67 561.25 Td (and ) Tj ET Q q 0 0 0 rg BT 293.96 561.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 320.69 561.25 Td (from ) Tj ET Q q 0 0 0 rg BT 342.98 561.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 365.26 561.25 Td (of ) Tj ET Q q 0 0 0 rg BT 376.44 561.25 Td (investments. ) Tj ET Q q 0 0 0 rg BT 429.56 561.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 446.85 561.25 Td (realized ) Tj ET Q q 0 0 0 rg BT 481.33 561.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 528.06 561.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 552.02 561.25 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 71.06 549.25 Td (are ) Tj ET Q q 0 0 0 rg BT 84.89 549.25 Td (the ) Tj ET Q q 0 0 0 rg BT 98.73 549.25 Td (result ) Tj ET Q q 0 0 0 rg BT 122.57 549.25 Td (of ) Tj ET Q q 0 0 0 rg BT 132.52 549.25 Td (management) Tj ET Q q 0 0 0 rg BT 186.39 549.25 Td (s ) Tj ET Q q 0 0 0 rg BT 191.90 549.25 Td (decision ) Tj ET Q q 0 0 0 rg BT 226.85 549.25 Td (to ) Tj ET Q q 0 0 0 rg BT 236.25 549.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 251.76 549.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 280.59 549.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 319.97 549.25 Td (to ) Tj ET Q q 0 0 0 rg BT 329.37 549.25 Td (take ) Tj ET Q q 0 0 0 rg BT 347.65 549.25 Td (advantage ) Tj ET Q q 0 0 0 rg BT 389.81 549.25 Td (of ) Tj ET Q q 0 0 0 rg BT 399.76 549.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 439.13 549.25 Td (market ) Tj ET Q q 0 0 0 rg BT 468.52 549.25 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 514.31 549.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 530.37 549.25 Td (realized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 96.96 537.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 121.15 537.25 Td (for ) Tj ET Q q 0 0 0 rg BT 135.89 537.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.19 537.25 Td (three ) Tj ET Q q 0 0 0 rg BT 174.25 537.25 Td (month ) Tj ET Q q 0 0 0 rg BT 202.89 537.25 Td (period ) Tj ET Q q 0 0 0 rg BT 231.52 537.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 258.47 537.25 Td (March ) Tj ET Q q 0 0 0 rg BT 287.65 537.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 303.23 537.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.23 537.25 Td ( ) Tj ET Q q 0 0 0 rg BT 326.31 537.25 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.82 537.25 Td ($293,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.32 537.25 Td ( ) Tj ET Q q 0 0 0 rg BT 389.40 537.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 431.91 537.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.76 537.25 Td ($134,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.26 537.25 Td ( ) Tj ET Q q 0 0 0 rg BT 483.34 537.25 Td (for ) Tj ET Q q 0 0 0 rg BT 498.08 537.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.38 537.25 Td (three ) Tj ET Q q 0 0 0 rg BT 536.45 537.25 Td (month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.25 Td (period ) Tj ET Q q 0 0 0 rg BT 78.51 525.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 105.35 525.25 Td (March ) Tj ET Q q 0 0 0 rg BT 134.42 525.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 149.88 525.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.88 525.25 Td (. ) Tj ET Q q 0 0 0 rg BT 175.35 525.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 192.75 525.25 Td (realized ) Tj ET Q q 0 0 0 rg BT 227.36 525.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 274.21 525.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 298.28 525.25 Td (for ) Tj ET Q q 0 0 0 rg BT 312.91 525.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.09 525.25 Td (three ) Tj ET Q q 0 0 0 rg BT 351.04 525.25 Td (month ) Tj ET Q q 0 0 0 rg BT 379.56 525.25 Td (period ) Tj ET Q q 0 0 0 rg BT 408.07 525.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 434.91 525.25 Td (March ) Tj ET Q q 0 0 0 rg BT 463.98 525.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 479.44 525.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.44 525.25 Td ( ) Tj ET Q q 0 0 0 rg BT 502.41 525.25 Td (were ) Tj ET Q q 0 0 0 rg BT 524.80 525.25 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 93.49 513.25 Td (of ) Tj ET Q q 0 0 0 rg BT 103.65 513.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 126.59 513.25 Td (from ) Tj ET Q q 0 0 0 rg BT 147.86 513.25 Td (the ) Tj ET Q q 0 0 0 rg BT 161.91 513.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 179.29 513.25 Td (of ) Tj ET Q q 0 0 0 rg BT 189.45 513.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 216.28 513.25 Td (securities, ) Tj ET Q q 0 0 0 rg BT 258.38 513.25 Td (partially ) Tj ET Q q 0 0 0 rg BT 293.53 513.25 Td (of) Tj ET Q q 0 0 0 rg BT 301.68 513.25 Td (fset ) Tj ET Q q 0 0 0 rg BT 317.95 513.25 Td (by ) Tj ET Q q 0 0 0 rg BT 329.78 513.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 355.51 513.25 Td (from ) Tj ET Q q 0 0 0 rg BT 376.78 513.25 Td (the ) Tj ET Q q 0 0 0 rg BT 390.83 513.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 408.21 513.25 Td (of ) Tj ET Q q 0 0 0 rg BT 418.37 513.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 440.75 513.25 Td (income ) Tj ET Q q 0 0 0 rg BT 472.02 513.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 514.11 513.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 530.38 513.25 Td (realized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 95.59 501.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 118.40 501.25 Td (for ) Tj ET Q q 0 0 0 rg BT 131.76 501.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.68 501.25 Td (three ) Tj ET Q q 0 0 0 rg BT 167.37 501.25 Td (month ) Tj ET Q q 0 0 0 rg BT 194.63 501.25 Td (period ) Tj ET Q q 0 0 0 rg BT 221.88 501.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 247.47 501.25 Td (March ) Tj ET Q q 0 0 0 rg BT 275.27 501.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 289.47 501.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.47 501.25 Td ( ) Tj ET Q q 0 0 0 rg BT 311.18 501.25 Td (were ) Tj ET Q q 0 0 0 rg BT 332.31 501.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 375.67 501.25 Td (of ) Tj ET Q q 0 0 0 rg BT 385.70 501.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 408.52 501.25 Td (from ) Tj ET Q q 0 0 0 rg BT 429.66 501.25 Td (the ) Tj ET Q q 0 0 0 rg BT 443.58 501.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 460.83 501.25 Td (of ) Tj ET Q q 0 0 0 rg BT 470.86 501.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 493.12 501.25 Td (income ) Tj ET Q q 0 0 0 rg BT 524.25 501.25 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 489.25 Td (equities. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 472.25 Td ( Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.22 455.25 Td (recorded ) Tj ET Q q 0 0 0 rg BT 110.31 455.25 Td (other ) Tj ET Q q 0 0 0 rg BT 132.96 455.25 Td (income ) Tj ET Q q 0 0 0 rg BT 164.51 455.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.95 455.25 Td ($164,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.45 455.25 Td ( ) Tj ET Q q 0 0 0 rg BT 214.56 455.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.11 455.25 Td ($1) Tj ET Q q 0 0 0 rg BT 240.74 455.25 Td (14,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.24 455.25 Td ( ) Tj ET Q q 0 0 0 rg BT 270.35 455.25 Td (for ) Tj ET Q q 0 0 0 rg BT 284.12 455.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.45 455.25 Td (three ) Tj ET Q q 0 0 0 rg BT 320.54 455.25 Td (month ) Tj ET Q q 0 0 0 rg BT 348.21 455.25 Td (periods ) Tj ET Q q 0 0 0 rg BT 379.76 455.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 405.75 455.25 Td (March ) Tj ET Q q 0 0 0 rg BT 433.96 455.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 448.57 455.25 Td (2018 ) Tj ET Q q 0 0 0 rg BT 470.68 455.25 Td (and ) Tj ET Q q 0 0 0 rg BT 487.23 455.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.23 455.25 Td (, ) Tj ET Q q 0 0 0 rg BT 511.84 455.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 559.50 455.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (The ) Tj ET Q q 0 0 0 rg BT 69.58 443.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 106.36 443.25 Td (in ) Tj ET Q q 0 0 0 rg BT 118.17 443.25 Td (other ) Tj ET Q q 0 0 0 rg BT 142.75 443.25 Td (income ) Tj ET Q q 0 0 0 rg BT 176.21 443.25 Td (is ) Tj ET Q q 0 0 0 rg BT 186.91 443.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 228.16 443.25 Td (the ) Tj ET Q q 0 0 0 rg BT 244.40 443.25 Td (result ) Tj ET Q q 0 0 0 rg BT 270.65 443.25 Td (of ) Tj ET Q q 0 0 0 rg BT 283.01 443.25 Td (rental ) Tj ET Q q 0 0 0 rg BT 309.81 443.25 Td (income ) Tj ET Q q 0 0 0 rg BT 343.27 443.25 Td (from ) Tj ET Q q 0 0 0 rg BT 366.74 443.25 Td (one ) Tj ET Q q 0 0 0 rg BT 385.21 443.25 Td (tenant ) Tj ET Q q 0 0 0 rg BT 413.67 443.25 Td (occupying ) Tj ET Q q 0 0 0 rg BT 459.36 443.25 Td (space ) Tj ET Q q 0 0 0 rg BT 485.60 443.25 Td (in ) Tj ET Q q 0 0 0 rg BT 496.52 443.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 520.21 443.25 Td ( ) Tj ET Q q 0 0 0 rg BT 524.24 443.25 Td (corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 103.58 431.25 Td (building. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 84.16 414.25 Td (befor) Tj ET Q q 0 0 0 rg BT 106.75 414.25 Td (e ) Tj ET Q q 0 0 0 rg BT 113.69 414.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 147.67 414.25 Td (T) Tj ET Q q 0 0 0 rg BT 153.42 414.25 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.55 397.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 114.86 397.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 145.61 397.25 Td (income ) Tj ET Q q 0 0 0 rg BT 177.49 397.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.26 397.25 Td ($6.8 ) Tj ET Q q 0 0 0 rg BT 208.21 397.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.10 397.25 Td ( ) Tj ET Q q 0 0 0 rg BT 239.54 397.25 Td (for ) Tj ET Q q 0 0 0 rg BT 253.64 397.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 397.25 Td (three ) Tj ET Q q 0 0 0 rg BT 290.73 397.25 Td (month ) Tj ET Q q 0 0 0 rg BT 318.73 397.25 Td (period ) Tj ET Q q 0 0 0 rg BT 346.72 397.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 373.04 397.25 Td (March ) Tj ET Q q 0 0 0 rg BT 401.58 397.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 416.53 397.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.53 397.25 Td ( ) Tj ET Q q 0 0 0 rg BT 438.97 397.25 Td (compared ) Tj ET Q q 0 0 0 rg BT 480.84 397.25 Td (to ) Tj ET Q q 0 0 0 rg BT 491.06 397.25 Td (pre-tax ) Tj ET Q q 0 0 0 rg BT 521.81 397.25 Td (income ) Tj ET Q q 0 0 0 rg BT 553.69 397.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td ($7.5 ) Tj ET Q q 0 0 0 rg BT 69.85 385.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.74 385.25 Td ( ) Tj ET Q q 0 0 0 rg BT 101.09 385.25 Td (for ) Tj ET Q q 0 0 0 rg BT 115.10 385.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.67 385.25 Td (three ) Tj ET Q q 0 0 0 rg BT 152.00 385.25 Td (month ) Tj ET Q q 0 0 0 rg BT 179.91 385.25 Td (period ) Tj ET Q q 0 0 0 rg BT 207.81 385.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 234.04 385.25 Td (March ) Tj ET Q q 0 0 0 rg BT 262.48 385.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 277.33 385.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.33 385.25 Td (, ) Tj ET Q q 0 0 0 rg BT 302.18 385.25 Td (or ) Tj ET Q q 0 0 0 rg BT 312.86 385.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 385.25 Td (8.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.48 385.25 Td ( ) Tj ET Q q 0 0 0 rg BT 342.83 385.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 379.60 385.25 Td (over ) Tj ET Q q 0 0 0 rg BT 399.72 385.25 Td (the ) Tj ET Q q 0 0 0 rg BT 414.28 385.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 436.07 385.25 Td (year) Tj ET Q q 0 0 0 rg BT 453.65 385.25 Td () Tj ET Q q 0 0 0 rg BT 456.43 385.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.67 385.25 Td (first ) Tj ET Q q 0 0 0 rg BT 481.13 385.25 Td (quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.89 385.25 Td (. ) Tj ET Q q 0 0 0 rg BT 513.57 385.25 Td (This ) Tj ET Q q 0 0 0 rg BT 533.70 385.25 Td (change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (is ) Tj ET Q q 0 0 0 rg BT 58.81 373.25 Td (attributed ) Tj ET Q q 0 0 0 rg BT 99.27 373.25 Td (to ) Tj ET Q q 0 0 0 rg BT 109.19 373.25 Td (the ) Tj ET Q q 0 0 0 rg BT 123.55 373.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 165.12 373.25 Td (ef) Tj ET Q q 0 0 0 rg BT 172.71 373.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 193.72 373.25 Td (of ) Tj ET Q q 0 0 0 rg BT 204.19 373.25 Td (the ) Tj ET Q q 0 0 0 rg BT 218.55 373.25 Td (reasons ) Tj ET Q q 0 0 0 rg BT 250.68 373.25 Td (cited ) Tj ET Q q 0 0 0 rg BT 272.26 373.25 Td (in ) Tj ET Q q 0 0 0 rg BT 282.17 373.25 Td (the ) Tj ET Q q 0 0 0 rg BT 296.53 373.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 316.44 373.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 359.14 373.25 Td (Earned, ) Tj ET Q q 0 0 0 rg BT 395.42 373.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 415.33 373.25 Td (Claims ) Tj ET Q q 0 0 0 rg BT 445.81 373.25 Td (Incurred, ) Tj ET Q q 0 0 0 rg BT 487.64 373.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 539.78 373.25 Td (Costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (and ) Tj ET Q q 0 0 0 rg BT 67.73 361.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 93.79 361.25 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 150.96 361.25 Td (Expenses, ) Tj ET Q q 0 0 0 rg BT 197.85 361.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 218.91 361.25 Td (Investment ) Tj ET Q q 0 0 0 rg BT 266.63 361.25 Td (Income, ) Tj ET Q q 0 0 0 rg BT 305.74 361.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 342.34 361.25 Td (Expense, ) Tj ET Q q 0 0 0 rg BT 385.34 361.25 Td (Loss ) Tj ET Q q 0 0 0 rg BT 410.85 361.25 Td (from ) Tj ET Q q 0 0 0 rg BT 433.58 361.25 Td (Change ) Tj ET Q q 0 0 0 rg BT 467.42 361.25 Td (in ) Tj ET Q q 0 0 0 rg BT 478.49 361.25 Td (Fair ) Tj ET Q q 0 0 0 rg BT 497.65 361.25 Td (V) Tj ET Q q 0 0 0 rg BT 503.77 361.25 Td (alue ) Tj ET Q q 0 0 0 rg BT 523.71 361.25 Td (of ) Tj ET Q q 0 0 0 rg BT 535.33 361.25 Td (Equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (Securities, ) Tj ET Q q 0 0 0 rg BT 97.76 349.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 118.03 349.25 Td (Realized ) Tj ET Q q 0 0 0 rg BT 155.51 349.25 Td (Investment ) Tj ET Q q 0 0 0 rg BT 202.45 349.25 Td (Gains, ) Tj ET Q q 0 0 0 rg BT 234.11 349.25 Td (and ) Tj ET Q q 0 0 0 rg BT 251.04 349.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 279.64 349.25 Td (Income) Tj ET Q q 0 0 0 rg BT 312.22 349.25 Td ( ) Tj ET Q q 0 0 0 rg BT 314.72 349.25 Td (sections ) Tj ET Q q 0 0 0 rg BT 349.43 349.25 Td (above.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 332.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 83.98 332.25 Td (T) Tj ET Q q 0 0 0 rg BT 89.73 332.25 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (Due ) Tj ET Q q 0 0 0 rg BT 69.30 315.25 Td (to ) Tj ET Q q 0 0 0 rg BT 79.72 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 94.58 315.25 Td (enactment ) Tj ET Q q 0 0 0 rg BT 138.31 315.25 Td (of ) Tj ET Q q 0 0 0 rg BT 149.28 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 163.94 315.25 Td (T) Tj ET Q q 0 0 0 rg BT 169.35 315.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 181.43 315.25 Td (Cuts ) Tj ET Q q 0 0 0 rg BT 202.41 315.25 Td (and ) Tj ET Q q 0 0 0 rg BT 219.49 315.25 Td (Jobs ) Tj ET Q q 0 0 0 rg BT 239.33 315.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 256.41 315.25 Td (of ) Tj ET Q q 0 0 0 rg BT 267.38 315.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 290.02 315.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 308.21 315.25 Td (T) Tj ET Q q 0 0 0 rg BT 318.06 315.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 329.56 315.25 Td (Act\), ) Tj ET Q q 0 0 0 rg BT 356.90 315.25 Td (the ) Tj ET Q q 0 0 0 rg BT 371.76 315.25 Td (Company) Tj ET Q q 0 0 0 rg BT 413.43 315.25 Td (s ) Tj ET Q q 0 0 0 rg BT 419.96 315.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 455.90 315.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 470.76 315.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 496.73 315.25 Td (and ) Tj ET Q q 0 0 0 rg BT 513.81 315.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 553.67 315.25 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (of ) Tj ET Q q 0 0 0 rg BT 60.78 303.25 Td (December ) Tj ET Q q 0 0 0 rg BT 104.30 303.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 119.25 303.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 141.70 303.25 Td (were ) Tj ET Q q 0 0 0 rg BT 163.57 303.25 Td (re-measured ) Tj ET Q q 0 0 0 rg BT 215.43 303.25 Td (at ) Tj ET Q q 0 0 0 rg BT 225.09 303.25 Td (the ) Tj ET Q q 0 0 0 rg BT 239.75 303.25 Td (new ) Tj ET Q q 0 0 0 rg BT 258.86 303.25 Td (enacted ) Tj ET Q q 0 0 0 rg BT 291.84 303.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 306.50 303.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 323.93 303.25 Td (of ) Tj ET Q q 0 0 0 rg BT 334.70 303.25 Td (21%. ) Tj ET Q q 0 0 0 rg BT 359.94 303.25 Td (As ) Tj ET Q q 0 0 0 rg BT 373.50 303.25 Td (of ) Tj ET Q q 0 0 0 rg BT 384.27 303.25 Td (December ) Tj ET Q q 0 0 0 rg BT 427.80 303.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 442.75 303.25 Td (2016, ) Tj ET Q q 0 0 0 rg BT 467.69 303.25 Td (the ) Tj ET Q q 0 0 0 rg BT 482.36 303.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 523.69 303.25 Td (measured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.25 Td (its ) Tj ET Q q 0 0 0 rg BT 62.32 291.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 98.50 291.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 113.59 291.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 139.79 291.25 Td (and ) Tj ET Q q 0 0 0 rg BT 157.11 291.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 197.20 291.25 Td (at ) Tj ET Q q 0 0 0 rg BT 207.29 291.25 Td (the ) Tj ET Q q 0 0 0 rg BT 222.38 291.25 Td (enacted ) Tj ET Q q 0 0 0 rg BT 255.78 291.25 Td (rate ) Tj ET Q q 0 0 0 rg BT 273.64 291.25 Td (in ) Tj ET Q q 0 0 0 rg BT 284.29 291.25 Td (ef) Tj ET Q q 0 0 0 rg BT 291.88 291.25 Td (fect ) Tj ET Q q 0 0 0 rg BT 309.74 291.25 Td (of ) Tj ET Q q 0 0 0 rg BT 320.94 291.25 Td (35%. ) Tj ET Q q 0 0 0 rg BT 344.65 291.25 Td (For ) Tj ET Q q 0 0 0 rg BT 361.41 291.25 Td (the ) Tj ET Q q 0 0 0 rg BT 376.50 291.25 Td (year ) Tj ET Q q 0 0 0 rg BT 396.58 291.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 423.33 291.25 Td (December ) Tj ET Q q 0 0 0 rg BT 467.29 291.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 482.67 291.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 508.04 291.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.13 291.25 Td (Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (recognized ) Tj ET Q q 0 0 0 rg BT 95.77 279.25 Td (income ) Tj ET Q q 0 0 0 rg BT 127.10 279.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 141.22 279.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 175.33 279.25 Td (of ) Tj ET Q q 0 0 0 rg BT 185.57 279.25 Td ($10.5 ) Tj ET Q q 0 0 0 rg BT 209.97 279.25 Td (million ) Tj ET Q q 0 0 0 rg BT 240.76 279.25 Td (related ) Tj ET Q q 0 0 0 rg BT 269.87 279.25 Td (to ) Tj ET Q q 0 0 0 rg BT 279.55 279.25 Td (reduction ) Tj ET Q q 0 0 0 rg BT 319.22 279.25 Td (in ) Tj ET Q q 0 0 0 rg BT 328.90 279.25 Td (the ) Tj ET Q q 0 0 0 rg BT 343.02 279.25 Td (net ) Tj ET Q q 0 0 0 rg BT 357.14 279.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 392.35 279.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 406.47 279.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 427.81 279.25 Td (as ) Tj ET Q q 0 0 0 rg BT 438.04 279.25 Td (a ) Tj ET Q q 0 0 0 rg BT 444.39 279.25 Td (result ) Tj ET Q q 0 0 0 rg BT 468.51 279.25 Td (of ) Tj ET Q q 0 0 0 rg BT 478.74 279.25 Td (this ) Tj ET Q q 0 0 0 rg BT 495.09 279.25 Td (re-measurement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.25 Td (There ) Tj ET Q q 0 0 0 rg BT 75.30 267.25 Td (have ) Tj ET Q q 0 0 0 rg BT 96.15 267.25 Td (been ) Tj ET Q q 0 0 0 rg BT 117.01 267.25 Td (no ) Tj ET Q q 0 0 0 rg BT 128.99 267.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 163.18 267.25 Td (to ) Tj ET Q q 0 0 0 rg BT 172.93 267.25 Td (this ) Tj ET Q q 0 0 0 rg BT 189.36 267.25 Td (preliminary ) Tj ET Q q 0 0 0 rg BT 237.99 267.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 269.97 267.25 Td (in ) Tj ET Q q 0 0 0 rg BT 279.73 267.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.92 267.25 Td (three ) Tj ET Q q 0 0 0 rg BT 315.89 267.25 Td (month ) Tj ET Q q 0 0 0 rg BT 343.43 267.25 Td (period ) Tj ET Q q 0 0 0 rg BT 370.95 267.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.81 267.25 Td (March ) Tj ET Q q 0 0 0 rg BT 424.89 267.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 439.37 267.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.37 267.25 Td (. ) Tj ET Q q 0 0 0 rg BT 463.85 267.25 Td (Refer ) Tj ET Q q 0 0 0 rg BT 488.03 267.25 Td (to ) Tj ET Q q 0 0 0 rg BT 497.79 267.25 Td (Note ) Tj ET Q q 0 0 0 rg BT 522.54 267.25 Td (7, ) Tj ET Q q 0 0 0 rg BT 532.02 267.25 Td (Income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 255.25 Td (axes) Tj ET Q q 0 0 0 rg BT 75.77 255.25 Td ( ) Tj ET Q q 0 0 0 rg BT 78.27 255.25 Td (for ) Tj ET Q q 0 0 0 rg BT 92.43 255.25 Td (further ) Tj ET Q q 0 0 0 rg BT 122.13 255.25 Td (information ) Tj ET Q q 0 0 0 rg BT 171.85 255.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 212.66 255.25 Td (the ) Tj ET Q q 0 0 0 rg BT 227.20 255.25 Td (T) Tj ET Q q 0 0 0 rg BT 232.61 255.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 243.99 255.25 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (Upon ) Tj ET Q q 0 0 0 rg BT 75.33 238.25 Td (the ) Tj ET Q q 0 0 0 rg BT 90.66 238.25 Td (transaction ) Tj ET Q q 0 0 0 rg BT 137.65 238.25 Td (forming ) Tj ET Q q 0 0 0 rg BT 172.29 238.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 196.51 238.25 Td (on ) Tj ET Q q 0 0 0 rg BT 209.63 238.25 Td (December ) Tj ET Q q 0 0 0 rg BT 253.82 238.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 269.44 238.25 Td (2010, ) Tj ET Q q 0 0 0 rg BT 295.05 238.25 Td (a ) Tj ET Q q 0 0 0 rg BT 302.60 238.25 Td (yearly ) Tj ET Q q 0 0 0 rg BT 330.70 238.25 Td (limitation ) Tj ET Q q 0 0 0 rg BT 372.70 238.25 Td (as ) Tj ET Q q 0 0 0 rg BT 384.14 238.25 Td (required ) Tj ET Q q 0 0 0 rg BT 420.57 238.25 Td (by ) Tj ET Q q 0 0 0 rg BT 433.68 238.25 Td (IRC ) Tj ET Q q 0 0 0 rg BT 453.46 238.25 Td (Section ) Tj ET Q q 0 0 0 rg BT 486.57 238.25 Td (382 ) Tj ET Q q 0 0 0 rg BT 504.68 238.25 Td (that ) Tj ET Q q 0 0 0 rg BT 522.79 238.25 Td (applies ) Tj ET Q q 0 0 0 rg BT 554.23 238.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 83.58 226.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.72 226.25 Td (ownership ) Tj ET Q q 0 0 0 rg BT 135.75 226.25 Td (on ) Tj ET Q q 0 0 0 rg BT 147.12 226.25 Td (the ) Tj ET Q q 0 0 0 rg BT 160.71 226.25 Td (future ) Tj ET Q q 0 0 0 rg BT 185.95 226.25 Td (utilization ) Tj ET Q q 0 0 0 rg BT 227.87 226.25 Td (of ) Tj ET Q q 0 0 0 rg BT 237.26 226.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 260.96 226.25 Td ( ) Tj ET Q q 0 0 0 rg BT 262.33 226.25 Td (net ) Tj ET Q q 0 0 0 rg BT 275.91 226.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 315.05 226.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 331.98 226.25 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 389.42 226.25 Td (was ) Tj ET Q q 0 0 0 rg BT 406.34 226.25 Td (calculated. ) Tj ET Q q 0 0 0 rg BT 450.74 226.25 Td ( ) Tj ET Q q 0 0 0 rg BT 452.11 226.25 Td ( ) Tj ET Q q 0 0 0 rg BT 453.38 226.25 Td (The ) Tj ET Q q 0 0 0 rg BT 470.29 226.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 510.53 226.25 Td (Subsidiaries) Tj ET Q q 0 0 0 rg BT 562.00 226.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 72.33 214.25 Td (parent ) Tj ET Q q 0 0 0 rg BT 100.20 214.25 Td (retained ) Tj ET Q q 0 0 0 rg BT 135.29 214.25 Td (those ) Tj ET Q q 0 0 0 rg BT 159.29 214.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 174.40 214.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 200.62 214.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 245.73 214.25 Td (attributed ) Tj ET Q q 0 0 0 rg BT 286.94 214.25 Td (to ) Tj ET Q q 0 0 0 rg BT 297.60 214.25 Td (the ) Tj ET Q q 0 0 0 rg BT 312.71 214.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 354.47 214.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 406.24 214.25 Td (that ) Tj ET Q q 0 0 0 rg BT 424.13 214.25 Td (could ) Tj ET Q q 0 0 0 rg BT 449.23 214.25 Td (not ) Tj ET Q q 0 0 0 rg BT 464.90 214.25 Td (be ) Tj ET Q q 0 0 0 rg BT 477.23 214.25 Td (utilized ) Tj ET Q q 0 0 0 rg BT 510.11 214.25 Td (by ) Tj ET Q q 0 0 0 rg BT 522.36 214.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 546.36 214.25 Td (as ) Tj ET Q q 0 0 0 rg BT 557.58 214.25 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (result ) Tj ET Q q 0 0 0 rg BT 75.29 202.25 Td (of ) Tj ET Q q 0 0 0 rg BT 86.69 202.25 Td (this ) Tj ET Q q 0 0 0 rg BT 104.21 202.25 Td (limitation. ) Tj ET Q q 0 0 0 rg BT 148.67 202.25 Td ( ) Tj ET Q q 0 0 0 rg BT 151.06 202.25 Td (As ) Tj ET Q q 0 0 0 rg BT 165.25 202.25 Td (a ) Tj ET Q q 0 0 0 rg BT 172.75 202.25 Td (result, ) Tj ET Q q 0 0 0 rg BT 199.87 202.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 223.56 202.25 Td ( ) Tj ET Q q 0 0 0 rg BT 226.63 202.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 255.26 202.25 Td (to ) Tj ET Q q 0 0 0 rg BT 266.11 202.25 Td (recognize ) Tj ET Q q 0 0 0 rg BT 308.04 202.25 Td (future ) Tj ET Q q 0 0 0 rg BT 334.99 202.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 350.28 202.25 Td (benefits ) Tj ET Q q 0 0 0 rg BT 385.00 202.25 Td (associated ) Tj ET Q q 0 0 0 rg BT 429.17 202.25 Td (with ) Tj ET Q q 0 0 0 rg BT 450.02 202.25 Td (a ) Tj ET Q q 0 0 0 rg BT 457.53 202.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 489.48 202.25 Td (of ) Tj ET Q q 0 0 0 rg BT 500.89 202.25 Td (its ) Tj ET Q q 0 0 0 rg BT 513.41 202.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 549.78 202.25 Td (tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 75.98 190.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 117.49 190.25 Td (during ) Tj ET Q q 0 0 0 rg BT 146.24 190.25 Td (prior ) Tj ET Q q 0 0 0 rg BT 168.33 190.25 Td (years ) Tj ET Q q 0 0 0 rg BT 192.07 190.25 Td (have ) Tj ET Q q 0 0 0 rg BT 213.59 190.25 Td (been ) Tj ET Q q 0 0 0 rg BT 235.12 190.25 Td (permanently ) Tj ET Q q 0 0 0 rg BT 287.74 190.25 Td (limited ) Tj ET Q q 0 0 0 rg BT 318.72 190.25 Td (to ) Tj ET Q q 0 0 0 rg BT 329.15 190.25 Td (the ) Tj ET Q q 0 0 0 rg BT 344.01 190.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 376.65 190.25 Td (determined ) Tj ET Q q 0 0 0 rg BT 424.28 190.25 Td (under ) Tj ET Q q 0 0 0 rg BT 449.69 190.25 Td (IRC ) Tj ET Q q 0 0 0 rg BT 469.01 190.25 Td (Section ) Tj ET Q q 0 0 0 rg BT 501.65 190.25 Td (382. ) Tj ET Q q 0 0 0 rg BT 521.61 190.25 Td (The ) Tj ET Q q 0 0 0 rg BT 539.80 190.25 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (is ) Tj ET Q q 0 0 0 rg BT 58.94 178.25 Td (a ) Tj ET Q q 0 0 0 rg BT 65.65 178.25 Td (maximum ) Tj ET Q q 0 0 0 rg BT 108.48 178.25 Td (expected ) Tj ET Q q 0 0 0 rg BT 146.28 178.25 Td (net ) Tj ET Q q 0 0 0 rg BT 160.77 178.25 Td (deferred ) Tj ET Q q 0 0 0 rg BT 196.35 178.25 Td (tax ) Tj ET Q q 0 0 0 rg BT 210.84 178.25 Td (asset, ) Tj ET Q q 0 0 0 rg BT 235.05 178.25 Td (which ) Tj ET Q q 0 0 0 rg BT 261.25 178.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 284.64 178.25 Td (has ) Tj ET Q q 0 0 0 rg BT 300.24 178.25 Td (available ) Tj ET Q q 0 0 0 rg BT 338.60 178.25 Td (after ) Tj ET Q q 0 0 0 rg BT 359.19 178.25 Td (the ) Tj ET Q q 0 0 0 rg BT 373.67 178.25 Td (mer) Tj ET Q q 0 0 0 rg BT 389.04 178.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 404.08 178.25 Td (and ) Tj ET Q q 0 0 0 rg BT 420.79 178.25 Td (believed ) Tj ET Q q 0 0 0 rg BT 456.94 178.25 Td (more-likely-than-not ) Tj ET Q q 0 0 0 rg BT 542.51 178.25 Td (to ) Tj ET Q q 0 0 0 rg BT 552.56 178.25 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (utilized ) Tj ET Q q 0 0 0 rg BT 82.49 166.25 Td (in ) Tj ET Q q 0 0 0 rg BT 92.77 166.25 Td (the ) Tj ET Q q 0 0 0 rg BT 107.49 166.25 Td (future, ) Tj ET Q q 0 0 0 rg BT 136.36 166.25 Td (after ) Tj ET Q q 0 0 0 rg BT 157.18 166.25 Td (consideration ) Tj ET Q q 0 0 0 rg BT 213.55 166.25 Td (of ) Tj ET Q q 0 0 0 rg BT 224.38 166.25 Td (valuation ) Tj ET Q q 0 0 0 rg BT 264.09 166.25 Td (allowance. ) Tj ET Q endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (In ) Tj ET Q q 0 0 0 rg BT 61.03 742.10 Td (assessing ) Tj ET Q q 0 0 0 rg BT 100.96 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 115.88 742.10 Td (need ) Tj ET Q q 0 0 0 rg BT 137.46 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 151.83 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 158.97 742.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 198.88 742.10 Td (allowance, ) Tj ET Q q 0 0 0 rg BT 244.02 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 267.84 742.10 Td (considers ) Tj ET Q q 0 0 0 rg BT 308.31 742.10 Td (both ) Tj ET Q q 0 0 0 rg BT 328.79 742.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 363.16 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 380.30 742.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 416.88 742.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 455.12 742.10 Td (related ) Tj ET Q q 0 0 0 rg BT 485.02 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 495.50 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 510.43 742.10 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 553.68 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (realization ) Tj ET Q q 0 0 0 rg BT 94.70 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 105.53 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 120.24 730.10 Td (deferred ) Tj ET Q q 0 0 0 rg BT 156.05 730.10 Td (tax ) Tj ET Q q 0 0 0 rg BT 170.77 730.10 Td (assets. ) Tj ET Q q 0 0 0 rg BT 199.10 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.10 Td (Positive ) Tj ET Q q 0 0 0 rg BT 84.73 713.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 122.76 713.10 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 163.57 713.10 Td (when ) Tj ET Q q 0 0 0 rg BT 187.73 713.10 Td (considering ) Tj ET Q q 0 0 0 rg BT 236.88 713.10 Td (the ) Tj ET Q q 0 0 0 rg BT 251.60 713.10 Td (need ) Tj ET Q q 0 0 0 rg BT 272.98 713.10 Td (for ) Tj ET Q q 0 0 0 rg BT 287.14 713.10 Td (a ) Tj ET Q q 0 0 0 rg BT 294.08 713.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 333.79 713.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 376.82 713.10 Td (includes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 696.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 696.10 Td (management) Tj ET Q q 0 0 0 rg BT 139.87 696.10 Td (s ) Tj ET Q q 0 0 0 rg BT 146.96 696.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 200.14 696.10 Td (of ) Tj ET Q q 0 0 0 rg BT 211.66 696.10 Td (future ) Tj ET Q q 0 0 0 rg BT 238.74 696.10 Td (profit ) Tj ET Q q 0 0 0 rg BT 264.15 696.10 Td (with ) Tj ET Q q 0 0 0 rg BT 285.13 696.10 Td (vehicles ) Tj ET Q q 0 0 0 rg BT 321.09 696.10 Td (in-force ) Tj ET Q q 0 0 0 rg BT 355.94 696.10 Td (at ) Tj ET Q q 0 0 0 rg BT 366.35 696.10 Td (their ) Tj ET Q q 0 0 0 rg BT 387.88 696.10 Td (highest ) Tj ET Q q 0 0 0 rg BT 419.96 696.10 Td (levels ) Tj ET Q q 0 0 0 rg BT 446.48 696.10 Td (and ) Tj ET Q q 0 0 0 rg BT 464.12 696.10 Td (steady ) Tj ET Q q 0 0 0 rg BT 492.87 696.10 Td (new ) Tj ET Q q 0 0 0 rg BT 512.72 696.10 Td (and ) Tj ET Q q 0 0 0 rg BT 530.36 696.10 Td (renewal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 684.10 Td (business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 667.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 667.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 132.37 667.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 160.42 667.10 Td (to ) Tj ET Q q 0 0 0 rg BT 170.70 667.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 205.95 667.10 Td (prices ) Tj ET Q q 0 0 0 rg BT 232.33 667.10 Td (in ) Tj ET Q q 0 0 0 rg BT 242.61 667.10 Td (core ) Tj ET Q q 0 0 0 rg BT 262.31 667.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 283.70 667.10 Td (as ) Tj ET Q q 0 0 0 rg BT 294.53 667.10 Td (the ) Tj ET Q q 0 0 0 rg BT 309.25 667.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 358.94 667.10 Td (auto ) Tj ET Q q 0 0 0 rg BT 378.66 667.10 Td (market ) Tj ET Q q 0 0 0 rg BT 408.92 667.10 Td (is ) Tj ET Q q 0 0 0 rg BT 418.09 667.10 Td (firming;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 650.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 650.10 Td (predictive ) Tj ET Q q 0 0 0 rg BT 129.42 650.10 Td (modeling ) Tj ET Q q 0 0 0 rg BT 170.64 650.10 Td (in ) Tj ET Q q 0 0 0 rg BT 181.86 650.10 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 236.96 650.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.84 650.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 284.38 650.10 Td (are ) Tj ET Q q 0 0 0 rg BT 300.03 650.10 Td (generating ) Tj ET Q q 0 0 0 rg BT 345.68 650.10 Td (better ) Tj ET Q q 0 0 0 rg BT 371.88 650.10 Td (priced ) Tj ET Q q 0 0 0 rg BT 400.31 650.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 422.65 650.10 Td (that ) Tj ET Q q 0 0 0 rg BT 441.08 650.10 Td (are ) Tj ET Q q 0 0 0 rg BT 456.73 650.10 Td (expected ) Tj ET Q q 0 0 0 rg BT 495.71 650.10 Td (to ) Tj ET Q q 0 0 0 rg BT 506.93 650.10 Td (create ) Tj ET Q q 0 0 0 rg BT 534.23 650.10 Td (overall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 638.10 Td (profitability ) Tj ET Q q 0 0 0 rg BT 136.27 638.10 Td (over ) Tj ET Q q 0 0 0 rg BT 156.54 638.10 Td (time; ) Tj ET Q q 0 0 0 rg BT 179.59 638.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 621.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 621.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 120.17 621.10 Td (growth ) Tj ET Q q 0 0 0 rg BT 151.00 621.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 177.93 621.10 Td (in ) Tj ET Q q 0 0 0 rg BT 188.21 621.10 Td (gross ) Tj ET Q q 0 0 0 rg BT 211.83 621.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 254.32 621.10 Td (written ) Tj ET Q q 0 0 0 rg BT 285.15 621.10 Td (in ) Tj ET Q q 0 0 0 rg BT 295.42 621.10 Td (each ) Tj ET Q q 0 0 0 rg BT 316.24 621.10 Td (year ) Tj ET Q q 0 0 0 rg BT 335.95 621.10 Td (since ) Tj ET Q q 0 0 0 rg BT 358.99 621.10 Td (formation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Negative ) Tj ET Q q 0 0 0 rg BT 88.59 604.10 Td (evidence ) Tj ET Q q 0 0 0 rg BT 126.63 604.10 Td (evaluated ) Tj ET Q q 0 0 0 rg BT 167.44 604.10 Td (when ) Tj ET Q q 0 0 0 rg BT 191.60 604.10 Td (considering ) Tj ET Q q 0 0 0 rg BT 240.75 604.10 Td (the ) Tj ET Q q 0 0 0 rg BT 255.47 604.10 Td (need ) Tj ET Q q 0 0 0 rg BT 276.85 604.10 Td (for ) Tj ET Q q 0 0 0 rg BT 291.01 604.10 Td (a ) Tj ET Q q 0 0 0 rg BT 297.94 604.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 337.66 604.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 380.69 604.10 Td (includes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 587.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 587.10 Td (net ) Tj ET Q q 0 0 0 rg BT 100.72 587.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 127.11 587.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 168.47 587.10 Td (in ) Tj ET Q q 0 0 0 rg BT 178.75 587.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.47 587.10 Td (two ) Tj ET Q q 0 0 0 rg BT 210.97 587.10 Td (most ) Tj ET Q q 0 0 0 rg BT 232.91 587.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 259.84 587.10 Td (years; ) Tj ET Q q 0 0 0 rg BT 286.21 587.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 570.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 570.10 Td (yearly ) Tj ET Q q 0 0 0 rg BT 113.49 570.10 Td (limitation ) Tj ET Q q 0 0 0 rg BT 154.87 570.10 Td (as ) Tj ET Q q 0 0 0 rg BT 165.70 570.10 Td (required ) Tj ET Q q 0 0 0 rg BT 201.52 570.10 Td (by ) Tj ET Q q 0 0 0 rg BT 214.02 570.10 Td (IRC ) Tj ET Q q 0 0 0 rg BT 233.19 570.10 Td (Section ) Tj ET Q q 0 0 0 rg BT 265.68 570.10 Td (382 ) Tj ET Q q 0 0 0 rg BT 283.18 570.10 Td (on ) Tj ET Q q 0 0 0 rg BT 295.68 570.10 Td (net ) Tj ET Q q 0 0 0 rg BT 310.40 570.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 350.66 570.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 368.72 570.10 Td (carryforwards ) Tj ET Q q 0 0 0 rg BT 427.30 570.10 Td (generated ) Tj ET Q q 0 0 0 rg BT 468.67 570.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 490.60 570.10 Td (to ) Tj ET Q q 0 0 0 rg BT 500.88 570.10 Td (2013.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 536.10 Td (Net ) Tj ET Q q 0 0 0 rg BT 67.49 536.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 101.65 536.10 Td (and ) Tj ET Q q 0 0 0 rg BT 120.27 536.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 161.67 536.10 Td (per) Tj ET Q q 0 0 0 rg BT 175.93 536.10 Td ( ) Tj ET Q q 0 0 0 rg BT 178.43 536.10 Td (Common ) Tj ET Q q 0 0 0 rg BT 220.38 536.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 240.76 536.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.79 519.10 Td (had ) Tj ET Q q 0 0 0 rg BT 90.91 519.10 Td (net ) Tj ET Q q 0 0 0 rg BT 105.80 519.10 Td (income ) Tj ET Q q 0 0 0 rg BT 137.92 519.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.93 519.10 Td ($5.5 ) Tj ET Q q 0 0 0 rg BT 169.11 519.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.00 519.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.68 519.10 Td (during ) Tj ET Q q 0 0 0 rg BT 229.46 519.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.36 519.10 Td (three ) Tj ET Q q 0 0 0 rg BT 267.03 519.10 Td (month ) Tj ET Q q 0 0 0 rg BT 295.26 519.10 Td (period ) Tj ET Q q 0 0 0 rg BT 323.49 519.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 350.05 519.10 Td (March ) Tj ET Q q 0 0 0 rg BT 378.82 519.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 394.00 519.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.00 519.10 Td ( ) Tj ET Q q 0 0 0 rg BT 416.68 519.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 458.79 519.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.25 519.10 Td ($4.9 ) Tj ET Q q 0 0 0 rg BT 489.42 519.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.32 519.10 Td ( ) Tj ET Q q 0 0 0 rg BT 521.00 519.10 Td (during ) Tj ET Q q 0 0 0 rg BT 549.78 519.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.10 Td (three ) Tj ET Q q 0 0 0 rg BT 72.30 507.10 Td (month ) Tj ET Q q 0 0 0 rg BT 100.17 507.10 Td (period ) Tj ET Q q 0 0 0 rg BT 128.04 507.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 154.23 507.10 Td (March ) Tj ET Q q 0 0 0 rg BT 182.64 507.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 197.46 507.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.46 507.10 Td (. ) Tj ET Q q 0 0 0 rg BT 222.28 507.10 Td (Earnings ) Tj ET Q q 0 0 0 rg BT 260.14 507.10 Td (per ) Tj ET Q q 0 0 0 rg BT 275.22 507.10 Td (common ) Tj ET Q q 0 0 0 rg BT 312.53 507.10 Td (share ) Tj ET Q q 0 0 0 rg BT 335.95 507.10 Td (diluted ) Tj ET Q q 0 0 0 rg BT 366.04 507.10 Td (for ) Tj ET Q q 0 0 0 rg BT 380.01 507.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.55 507.10 Td (three ) Tj ET Q q 0 0 0 rg BT 416.85 507.10 Td (month ) Tj ET Q q 0 0 0 rg BT 444.72 507.10 Td (period ) Tj ET Q q 0 0 0 rg BT 472.58 507.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 498.78 507.10 Td (March ) Tj ET Q q 0 0 0 rg BT 527.19 507.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 542.01 507.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.22 495.10 Td ($0.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.72 495.10 Td ( ) Tj ET Q q 0 0 0 rg BT 91.38 495.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 132.47 495.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.91 495.10 Td ($0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.41 495.10 Td ( ) Tj ET Q q 0 0 0 rg BT 166.08 495.10 Td (for ) Tj ET Q q 0 0 0 rg BT 179.40 495.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.29 495.10 Td (three ) Tj ET Q q 0 0 0 rg BT 214.94 495.10 Td (month ) Tj ET Q q 0 0 0 rg BT 242.16 495.10 Td (period ) Tj ET Q q 0 0 0 rg BT 269.37 495.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 294.91 495.10 Td (March ) Tj ET Q q 0 0 0 rg BT 322.68 495.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 336.84 495.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.84 495.10 Td (, ) Tj ET Q q 0 0 0 rg BT 361.01 495.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 399.88 495.10 Td (due ) Tj ET Q q 0 0 0 rg BT 415.99 495.10 Td (to ) Tj ET Q q 0 0 0 rg BT 425.43 495.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 464.85 495.10 Td (income ) Tj ET Q q 0 0 0 rg BT 495.95 495.10 Td (and ) Tj ET Q q 0 0 0 rg BT 512.05 495.10 Td ( ) Tj ET Q q 0 0 0 rg BT 513.72 495.10 Td (the ) Tj ET Q q 0 0 0 rg BT 527.60 495.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.28 483.10 Td (potentially ) Tj ET Q q 0 0 0 rg BT 105.55 483.10 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 138.60 483.10 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 174.98 483.10 Td (shares.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.57 466.10 Td (following ) Tj ET Q q 0 0 0 rg BT 110.48 466.10 Td (chart ) Tj ET Q q 0 0 0 rg BT 133.48 466.10 Td (illustrates ) Tj ET Q q 0 0 0 rg BT 174.72 466.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 198.42 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 201.44 466.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 239.45 466.10 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 273.02 466.10 Td (common ) Tj ET Q q 0 0 0 rg BT 311.04 466.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 339.05 466.10 Td (for ) Tj ET Q q 0 0 0 rg BT 353.73 466.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.97 466.10 Td (three ) Tj ET Q q 0 0 0 rg BT 391.98 466.10 Td (month ) Tj ET Q q 0 0 0 rg BT 420.56 466.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 453.02 466.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 479.91 466.10 Td (March ) Tj ET Q q 0 0 0 rg BT 509.03 466.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 524.56 466.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 547.58 466.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 454.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 410.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 410.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 410.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 380.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 380.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 380.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 438.6 m 486.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 424.6 m 486.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 438.6 m 561.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 424.6 m 561.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 424.6 m 486.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 410.6 m 486.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 424.6 m 561.5 424.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 410.6 m 561.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 410.6 m 486.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 410.6 m 561.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 365.6 m 486.5 365.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 351.6 m 486.5 351.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 349.6 m 486.5 349.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 365.6 m 561.5 365.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 351.6 m 561.5 351.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 349.6 m 561.5 349.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.10 429.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 441.68 429.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.40 415.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 434.19 415.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.40 415.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 509.10 415.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 400.27 Td (W) Tj ET Q q 0 0 0 rg BT 60.64 400.27 Td (eighted average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 400.27 Td (12,140,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 400.27 Td (12,045,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 385.27 Td (Dilutive potential ordinary shares:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 370.27 Td (Dilutive stock options) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 370.27 Td (57,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 370.27 Td (155,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 355.27 Td (Dilutive average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 355.27 Td (12,198,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 355.27 Td (12,200,568) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (III. ) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 66.6748046875 740.68505859375 m 184.189453125 740.68505859375 l s q 0 0 0 rg BT 66.67 742.25 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 122.79 742.25 Td ( CONDITION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 708.25 Td (Overview ) Tj ET Q q 0 0 0 rg BT 93.59 708.25 Td (and ) Tj ET Q q 0 0 0 rg BT 112.22 708.25 Td (Strategy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 691.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 74.02 691.25 Td (aligns ) Tj ET Q q 0 0 0 rg BT 100.82 691.25 Td (its ) Tj ET Q q 0 0 0 rg BT 113.18 691.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 153.85 691.25 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 191.76 691.25 Td (to ) Tj ET Q q 0 0 0 rg BT 202.45 691.25 Td (support ) Tj ET Q q 0 0 0 rg BT 235.36 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 250.49 691.25 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 290.62 691.25 Td (and ) Tj ET Q q 0 0 0 rg BT 307.97 691.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 348.64 691.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 369.32 691.25 Td (needs ) Tj ET Q q 0 0 0 rg BT 395.00 691.25 Td (of ) Tj ET Q q 0 0 0 rg BT 406.25 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 421.37 691.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 463.15 691.25 Td (Subsidiaries, ) Tj ET Q q 0 0 0 rg BT 517.45 691.25 Td (to ) Tj ET Q q 0 0 0 rg BT 528.14 691.25 Td (preserve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 679.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 79.16 679.25 Td (and ) Tj ET Q q 0 0 0 rg BT 96.11 679.25 Td (to ) Tj ET Q q 0 0 0 rg BT 106.40 679.25 Td (generate ) Tj ET Q q 0 0 0 rg BT 142.77 679.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 189.17 679.25 Td (returns. ) Tj ET Q q 0 0 0 rg BT 221.39 679.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 245.01 679.25 Td (invests ) Tj ET Q q 0 0 0 rg BT 275.30 679.25 Td (predominantly ) Tj ET Q q 0 0 0 rg BT 336.13 679.25 Td (in ) Tj ET Q q 0 0 0 rg BT 346.42 679.25 Td (corporate ) Tj ET Q q 0 0 0 rg BT 386.69 679.25 Td (and ) Tj ET Q q 0 0 0 rg BT 403.64 679.25 Td (government ) Tj ET Q q 0 0 0 rg BT 453.91 679.25 Td (bonds ) Tj ET Q q 0 0 0 rg BT 480.32 679.25 Td (with ) Tj ET Q q 0 0 0 rg BT 500.61 679.25 Td (a ) Tj ET Q q 0 0 0 rg BT 507.56 679.25 Td (portion ) Tj ET Q q 0 0 0 rg BT 538.95 679.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 679.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 667.25 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 89.38 667.25 Td (in ) Tj ET Q q 0 0 0 rg BT 101.54 667.25 Td (relatively ) Tj ET Q q 0 0 0 rg BT 143.68 667.25 Td (short ) Tj ET Q q 0 0 0 rg BT 168.06 667.25 Td (durations ) Tj ET Q q 0 0 0 rg BT 209.66 667.25 Td (that ) Tj ET Q q 0 0 0 rg BT 229.04 667.25 Td (correlate ) Tj ET Q q 0 0 0 rg BT 268.39 667.25 Td (with ) Tj ET Q q 0 0 0 rg BT 290.56 667.25 Td (the ) Tj ET Q q 0 0 0 rg BT 307.16 667.25 Td (payout ) Tj ET Q q 0 0 0 rg BT 338.75 667.25 Td (patterns ) Tj ET Q q 0 0 0 rg BT 374.79 667.25 Td (of ) Tj ET Q q 0 0 0 rg BT 386.54 667.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 410.23 667.25 Td ( ) Tj ET Q q 0 0 0 rg BT 414.62 667.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 445.10 667.25 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 488.24 667.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 513.73 667.25 Td (also ) Tj ET Q q 0 0 0 rg BT 534.22 667.25 Td (invests ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 655.25 Td (opportunistically ) Tj ET Q q 0 0 0 rg BT 121.70 655.25 Td (in ) Tj ET Q q 0 0 0 rg BT 133.40 655.25 Td (selective ) Tj ET Q q 0 0 0 rg BT 172.31 655.25 Td (direct ) Tj ET Q q 0 0 0 rg BT 199.00 655.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 250.70 655.25 Td (with ) Tj ET Q q 0 0 0 rg BT 272.41 655.25 Td (favorable ) Tj ET Q q 0 0 0 rg BT 314.09 655.25 Td (return ) Tj ET Q q 0 0 0 rg BT 341.90 655.25 Td (attributes. ) Tj ET Q q 0 0 0 rg BT 384.67 655.25 Td (A) Tj ET Q q 0 0 0 rg BT 391.34 655.25 Td ( ) Tj ET Q q 0 0 0 rg BT 395.27 655.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 441.96 655.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 489.77 655.25 Td (management ) Tj ET Q q 0 0 0 rg BT 544.78 655.25 Td (firm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 643.25 Td (manages ) Tj ET Q q 0 0 0 rg BT 87.13 643.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 110.83 643.25 Td ( ) Tj ET Q q 0 0 0 rg BT 113.58 643.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 160.21 643.25 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 197.96 643.25 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 235.15 643.25 Td (to ) Tj ET Q q 0 0 0 rg BT 245.68 643.25 Td (the ) Tj ET Q q 0 0 0 rg BT 260.65 643.25 Td (Company) Tj ET Q q 0 0 0 rg BT 302.31 643.25 Td (s ) Tj ET Q q 0 0 0 rg BT 308.95 643.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 355.59 643.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 389.44 643.25 Td (and ) Tj ET Q q 0 0 0 rg BT 406.63 643.25 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 450.49 643.25 Td (as ) Tj ET Q q 0 0 0 rg BT 461.57 643.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 501.53 643.25 Td (by ) Tj ET Q q 0 0 0 rg BT 514.28 643.25 Td (its ) Tj ET Q q 0 0 0 rg BT 526.48 643.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 553.67 643.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 631.25 Td (Directors. ) Tj ET Q q 0 0 0 rg BT 91.99 631.25 Td ( ) Tj ET Q q 0 0 0 rg BT 93.77 631.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 117.16 631.25 Td (monitors ) Tj ET Q q 0 0 0 rg BT 155.00 631.25 Td (the ) Tj ET Q q 0 0 0 rg BT 169.50 631.25 Td (third-party ) Tj ET Q q 0 0 0 rg BT 214.54 631.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 260.71 631.25 Td (manager) Tj ET Q q 0 0 0 rg BT 295.50 631.25 Td () Tj ET Q q 0 0 0 rg BT 298.28 631.25 Td (s ) Tj ET Q q 0 0 0 rg BT 304.46 631.25 Td (performance ) Tj ET Q q 0 0 0 rg BT 357.26 631.25 Td (and ) Tj ET Q q 0 0 0 rg BT 373.98 631.25 Td (its ) Tj ET Q q 0 0 0 rg BT 385.71 631.25 Td (compliance ) Tj ET Q q 0 0 0 rg BT 434.09 631.25 Td (with ) Tj ET Q q 0 0 0 rg BT 454.15 631.25 Td (both ) Tj ET Q q 0 0 0 rg BT 474.21 631.25 Td (its ) Tj ET Q q 0 0 0 rg BT 485.94 631.25 Td (mandate ) Tj ET Q q 0 0 0 rg BT 522.09 631.25 Td (and ) Tj ET Q q 0 0 0 rg BT 538.31 631.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.01 631.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 96.38 619.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 129.99 619.25 Td (and ) Tj ET Q q 0 0 0 rg BT 146.92 619.25 Td (guidelines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 602.25 Td ( ) Tj ET Q q 0 0 0 rg BT 78.59 602.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 127.37 602.25 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 173.36 602.25 Td (stress ) Tj ET Q q 0 0 0 rg BT 200.48 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 217.59 602.25 Td (preservation ) Tj ET Q q 0 0 0 rg BT 271.91 602.25 Td (of ) Tj ET Q q 0 0 0 rg BT 285.13 602.25 Td (capital, ) Tj ET Q q 0 0 0 rg BT 319.17 602.25 Td (market ) Tj ET Q q 0 0 0 rg BT 351.83 602.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 390.62 602.25 Td (to ) Tj ET Q q 0 0 0 rg BT 403.29 602.25 Td (support ) Tj ET Q q 0 0 0 rg BT 438.18 602.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 477.51 602.25 Td (ofliabilities ) Tj ET Q q 0 0 0 rg BT 530.45 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 549.78 602.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (diversification ) Tj ET Q q 0 0 0 rg BT 109.68 590.25 Td (of ) Tj ET Q q 0 0 0 rg BT 119.92 590.25 Td (risk. ) Tj ET Q q 0 0 0 rg BT 139.20 590.25 Td (W) Tj ET Q q 0 0 0 rg BT 148.24 590.25 Td (ith ) Tj ET Q q 0 0 0 rg BT 160.71 590.25 Td (respect ) Tj ET Q q 0 0 0 rg BT 190.94 590.25 Td (to ) Tj ET Q q 0 0 0 rg BT 200.64 590.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 223.10 590.25 Td (income ) Tj ET Q q 0 0 0 rg BT 254.45 590.25 Td (securities, ) Tj ET Q q 0 0 0 rg BT 296.21 590.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 319.23 590.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 358.35 590.25 Td (purchases ) Tj ET Q q 0 0 0 rg BT 399.70 590.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 439.38 590.25 Td (with ) Tj ET Q q 0 0 0 rg BT 459.07 590.25 Td (the ) Tj ET Q q 0 0 0 rg BT 473.21 590.25 Td (expectation ) Tj ET Q q 0 0 0 rg BT 521.21 590.25 Td (of ) Tj ET Q q 0 0 0 rg BT 531.46 590.25 Td (holding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (them ) Tj ET Q q 0 0 0 rg BT 73.18 578.25 Td (to ) Tj ET Q q 0 0 0 rg BT 84.14 578.25 Td (their ) Tj ET Q q 0 0 0 rg BT 105.65 578.25 Td (maturities; ) Tj ET Q q 0 0 0 rg BT 151.60 578.25 Td (however) Tj ET Q q 0 0 0 rg BT 185.63 578.25 Td (, ) Tj ET Q q 0 0 0 rg BT 191.31 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 206.71 578.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 247.66 578.25 Td (are ) Tj ET Q q 0 0 0 rg BT 263.05 578.25 Td (available ) Tj ET Q q 0 0 0 rg BT 302.32 578.25 Td (for ) Tj ET Q q 0 0 0 rg BT 317.17 578.25 Td (sale ) Tj ET Q q 0 0 0 rg BT 335.90 578.25 Td (if ) Tj ET Q q 0 0 0 rg BT 345.19 578.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 382.27 578.25 Td (needs ) Tj ET Q q 0 0 0 rg BT 408.22 578.25 Td (arise. ) Tj ET Q q 0 0 0 rg BT 432.78 578.25 Td ( ) Tj ET Q q 0 0 0 rg BT 435.73 578.25 Td (T) Tj ET Q q 0 0 0 rg BT 441.14 578.25 Td (o ) Tj ET Q q 0 0 0 rg BT 449.33 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 464.73 578.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 492.34 578.25 Td (that ) Tj ET Q q 0 0 0 rg BT 510.52 578.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 543.14 578.25 Td (rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 84.84 566.25 Td (or ) Tj ET Q q 0 0 0 rg BT 95.26 566.25 Td (decrease, ) Tj ET Q q 0 0 0 rg BT 134.26 566.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 177.99 566.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 201.18 566.25 Td (or ) Tj ET Q q 0 0 0 rg BT 211.60 566.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 237.58 566.25 Td (may ) Tj ET Q q 0 0 0 rg BT 256.88 566.25 Td (result. ) Tj ET Q q 0 0 0 rg BT 283.69 566.25 Td ( ) Tj ET Q q 0 0 0 rg BT 285.63 566.25 Td (W) Tj ET Q q 0 0 0 rg BT 294.26 566.25 Td (e ) Tj ET Q q 0 0 0 rg BT 300.79 566.25 Td (believe ) Tj ET Q q 0 0 0 rg BT 331.75 566.25 Td (that ) Tj ET Q q 0 0 0 rg BT 348.83 566.25 Td (our ) Tj ET Q q 0 0 0 rg BT 364.25 566.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 410.22 566.25 Td (philosophy ) Tj ET Q q 0 0 0 rg BT 456.75 566.25 Td (and ) Tj ET Q q 0 0 0 rg BT 473.28 566.25 Td (approach ) Tj ET Q q 0 0 0 rg BT 512.01 566.25 Td (significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 85.27 554.25 Td (the ) Tj ET Q q 0 0 0 rg BT 99.99 554.25 Td (likelihood ) Tj ET Q q 0 0 0 rg BT 143.04 554.25 Td (of ) Tj ET Q q 0 0 0 rg BT 153.87 554.25 Td (such ) Tj ET Q q 0 0 0 rg BT 174.70 554.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 198.31 554.25 Td (or ) Tj ET Q q 0 0 0 rg BT 209.14 554.25 Td (losses ) Tj ET Q q 0 0 0 rg BT 235.53 554.25 Td (being ) Tj ET Q q 0 0 0 rg BT 260.24 554.25 Td (realized.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 537.25 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 90.26 537.25 Td (Composition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 74.89 520.25 Td (held ) Tj ET Q q 0 0 0 rg BT 95.89 520.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 137.43 520.25 Td (with ) Tj ET Q q 0 0 0 rg BT 158.99 520.25 Td (a ) Tj ET Q q 0 0 0 rg BT 167.21 520.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 184.86 520.25 Td (value ) Tj ET Q q 0 0 0 rg BT 210.30 520.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.41 520.25 Td ($156.6 ) Tj ET Q q 0 0 0 rg BT 253.69 520.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.58 520.25 Td ( ) Tj ET Q q 0 0 0 rg BT 286.36 520.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.58 520.25 Td ($166.4 ) Tj ET Q q 0 0 0 rg BT 335.86 520.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.75 520.25 Td ( ) Tj ET Q q 0 0 0 rg BT 368.53 520.25 Td (as ) Tj ET Q q 0 0 0 rg BT 380.64 520.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.75 520.25 Td (March31, ) Tj ET Q q 0 0 0 rg BT 437.63 520.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.63 520.25 Td ( ) Tj ET Q q 0 0 0 rg BT 461.41 520.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.63 520.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 539.50 520.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.50 520.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 508.25 Td (, ) Tj ET Q q 0 0 0 rg BT 102.56 508.25 Td (which ) Tj ET Q q 0 0 0 rg BT 129.39 508.25 Td (were ) Tj ET Q q 0 0 0 rg BT 151.22 508.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 190.83 508.25 Td (comprised ) Tj ET Q q 0 0 0 rg BT 234.88 508.25 Td (of ) Tj ET Q q 0 0 0 rg BT 245.61 508.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 268.55 508.25 Td (income ) Tj ET Q q 0 0 0 rg BT 300.39 508.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 343.05 508.25 Td ( ) Tj ET Q q 0 0 0 rg BT 345.27 508.25 Td (The ) Tj ET Q q 0 0 0 rg BT 363.22 508.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 403.38 508.25 Td (held ) Tj ET Q q 0 0 0 rg BT 422.99 508.25 Td (by ) Tj ET Q q 0 0 0 rg BT 435.39 508.25 Td (the ) Tj ET Q q 0 0 0 rg BT 450.00 508.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 491.27 508.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 542.55 508.25 Td (must ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.25 Td (comply ) Tj ET Q q 0 0 0 rg BT 81.90 496.25 Td (with ) Tj ET Q q 0 0 0 rg BT 101.58 496.25 Td (applicable ) Tj ET Q q 0 0 0 rg BT 144.56 496.25 Td (regulations ) Tj ET Q q 0 0 0 rg BT 190.90 496.25 Td (that ) Tj ET Q q 0 0 0 rg BT 207.80 496.25 Td (prescribe ) Tj ET Q q 0 0 0 rg BT 246.34 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 260.46 496.25 Td (type, ) Tj ET Q q 0 0 0 rg BT 282.08 496.25 Td (quality ) Tj ET Q q 0 0 0 rg BT 311.75 496.25 Td (and ) Tj ET Q q 0 0 0 rg BT 328.09 496.25 Td (concentration ) Tj ET Q q 0 0 0 rg BT 384.41 496.25 Td (of ) Tj ET Q q 0 0 0 rg BT 394.64 496.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 436.67 496.25 Td (These ) Tj ET Q q 0 0 0 rg BT 462.45 496.25 Td (regulations ) Tj ET Q q 0 0 0 rg BT 508.78 496.25 Td (in ) Tj ET Q q 0 0 0 rg BT 518.46 496.25 Td (the ) Tj ET Q q 0 0 0 rg BT 532.58 496.25 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.25 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 101.66 484.25 Td (in ) Tj ET Q q 0 0 0 rg BT 111.66 484.25 Td (which ) Tj ET Q q 0 0 0 rg BT 138.31 484.25 Td (the ) Tj ET Q q 0 0 0 rg BT 152.74 484.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 193.83 484.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 244.93 484.25 Td (are ) Tj ET Q q 0 0 0 rg BT 259.36 484.25 Td (domiciled ) Tj ET Q q 0 0 0 rg BT 301.56 484.25 Td (permit ) Tj ET Q q 0 0 0 rg BT 329.88 484.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 379.87 484.25 Td (in ) Tj ET Q q 0 0 0 rg BT 389.87 484.25 Td (government, ) Tj ET Q q 0 0 0 rg BT 442.35 484.25 Td (state, ) Tj ET Q q 0 0 0 rg BT 465.39 484.25 Td (municipal ) Tj ET Q q 0 0 0 rg BT 507.60 484.25 Td (and ) Tj ET Q q 0 0 0 rg BT 524.25 484.25 Td (corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (bonds, ) Tj ET Q q 0 0 0 rg BT 80.95 472.25 Td (preferred ) Tj ET Q q 0 0 0 rg BT 122.15 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 141.14 472.25 Td (common ) Tj ET Q q 0 0 0 rg BT 180.70 472.25 Td (equities, ) Tj ET Q q 0 0 0 rg BT 218.86 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 237.86 472.25 Td (other ) Tj ET Q q 0 0 0 rg BT 262.96 472.25 Td (high ) Tj ET Q q 0 0 0 rg BT 285.30 472.25 Td (quality ) Tj ET Q q 0 0 0 rg BT 317.63 472.25 Td (investments, ) Tj ET Q q 0 0 0 rg BT 372.47 472.25 Td (within ) Tj ET Q q 0 0 0 rg BT 402.58 472.25 Td (specified ) Tj ET Q q 0 0 0 rg BT 443.23 472.25 Td (limits ) Tj ET Q q 0 0 0 rg BT 470.58 472.25 Td (and ) Tj ET Q q 0 0 0 rg BT 489.57 472.25 Td (subject ) Tj ET Q q 0 0 0 rg BT 522.46 472.25 Td (to ) Tj ET Q q 0 0 0 rg BT 534.80 472.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (qualifications. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.05 443.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 84.42 443.25 Td (value ) Tj ET Q q 0 0 0 rg BT 108.58 443.25 Td (for ) Tj ET Q q 0 0 0 rg BT 122.19 443.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 145.88 443.25 Td ( ) Tj ET Q q 0 0 0 rg BT 148.38 443.25 Td (investments ) Tj ET Q q 0 0 0 rg BT 198.66 443.25 Td (in ) Tj ET Q q 0 0 0 rg BT 208.94 443.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 231.98 443.25 Td (income ) Tj ET Q q 0 0 0 rg BT 263.92 443.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 304.18 443.25 Td (and ) Tj ET Q q 0 0 0 rg BT 321.12 443.25 Td (equities ) Tj ET Q q 0 0 0 rg BT 354.72 443.25 Td (by ) Tj ET Q q 0 0 0 rg BT 367.22 443.25 Td (type ) Tj ET Q q 0 0 0 rg BT 386.94 443.25 Td (and ) Tj ET Q q 0 0 0 rg BT 403.88 443.25 Td (sector ) Tj ET Q q 0 0 0 rg BT 430.25 443.25 Td (are ) Tj ET Q q 0 0 0 rg BT 444.96 443.25 Td (as ) Tj ET Q q 0 0 0 rg BT 455.79 443.25 Td (follows:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 418.50 Td (Fair) Tj ET Q q 0 0 0 rg BT 68.14 418.50 Td ( value of securities portfolio \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 383.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 383.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 383.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 353.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 353.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 353.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 323.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 323.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 323.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 323.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 293.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 293.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 293.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 293.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 263.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 263.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 263.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 263.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 233.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 233.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 233.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 233.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 203.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 203.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 203.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 203.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 173.75 15.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 173.75 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 173.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 173.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 143.75 312.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 143.75 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 143.75 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 412.75 m 462.5 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 398.75 m 462.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 412.75 m 562.5 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 398.75 m 562.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 248.75 m 462.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 233.75 m 462.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 248.75 m 562.5 248.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 233.75 m 562.5 233.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 188.75 m 462.5 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 173.75 m 462.5 173.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 188.75 m 562.5 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 173.75 m 562.5 173.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 158.75 m 462.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 158.75 m 562.5 158.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 128.75 m 462.5 128.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 114.75 m 462.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 112.75 m 462.5 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 128.75 m 562.5 128.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 114.75 m 562.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 112.75 m 562.5 112.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 378.90 403.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 397.69 403.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.65 403.43 Td (December) Tj ET Q q 0 0 0 rg BT 514.77 403.43 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 388.42 Td (Fixed Income Securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 373.42 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 88.19 373.42 Td (T) Tj ET Q q 0 0 0 rg BT 94.04 373.42 Td (reasury and other U.S. government obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 373.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 373.42 Td (20,469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 373.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 373.42 Td (21,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 358.42 Td (States, municipalities and political subdivisions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 358.42 Td (1) Tj ET Q q 0 0 0 rg BT 436.15 358.42 Td (1,846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 358.42 Td (13,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 343.42 Td (Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 328.42 Td (Banking/financial services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 328.42 Td (17,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 328.42 Td (21,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 313.42 Td (Consumer goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 313.42 Td (12,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 313.42 Td (9,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 298.42 Td (Capital goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 298.42 Td (6,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 298.42 Td (7,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 283.42 Td (Ener) Tj ET Q q 0 0 0 rg BT 92.79 283.42 Td (gy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 283.42 Td (8,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 283.42 Td (7,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 268.42 Td (T) Tj ET Q q 0 0 0 rg BT 79.76 268.42 Td (elecommunications/utilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 268.42 Td (10,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 268.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 268.42 Td (1,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 253.42 Td (Health care) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 253.42 Td (754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 253.42 Td (1,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 238.42 Td (T) Tj ET Q q 0 0 0 rg BT 73.76 238.42 Td (otal Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 238.42 Td (55,1) Tj ET Q q 0 0 0 rg BT 448.65 238.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 238.42 Td (58,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 223.42 Td (Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 208.42 Td (Mortgage backed - agency) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 208.42 Td (26,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 208.42 Td (30,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 193.42 Td (Mortgage backed - commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 193.42 Td (22,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 193.42 Td (22,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 178.42 Td (T) Tj ET Q q 0 0 0 rg BT 73.76 178.42 Td (otal Mortgage Backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 178.42 Td (49,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 178.42 Td (53,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 163.42 Td (Other asset backed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 163.42 Td (12,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 163.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 163.42 Td (1,513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 148.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 148.42 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 148.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 148.42 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 148.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 148.42 Td (157,984) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 133.42 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 133.42 Td (7,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 133.42 Td (8,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 118.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 118.42 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 118.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 118.42 Td (156,566) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 118.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 118.42 Td (166,430) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (For ) Tj ET Q q 0 0 0 rg BT 66.31 97.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.95 97.25 Td (three ) Tj ET Q q 0 0 0 rg BT 103.36 97.25 Td (month ) Tj ET Q q 0 0 0 rg BT 131.33 97.25 Td (period ) Tj ET Q q 0 0 0 rg BT 159.30 97.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 185.60 97.25 Td (March ) Tj ET Q q 0 0 0 rg BT 214.12 97.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 229.04 97.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.04 97.25 Td (, ) Tj ET Q q 0 0 0 rg BT 253.96 97.25 Td (total ) Tj ET Q q 0 0 0 rg BT 274.16 97.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 320.46 97.25 Td (holdings ) Tj ET Q q 0 0 0 rg BT 357.33 97.25 Td (decreased ) Tj ET Q q 0 0 0 rg BT 399.16 97.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.36 97.25 Td ($186.6 ) Tj ET Q q 0 0 0 rg BT 439.28 97.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.17 97.25 Td ( ) Tj ET Q q 0 0 0 rg BT 470.59 97.25 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.45 97.25 Td ($197.9 ) Tj ET Q q 0 0 0 rg BT 522.38 97.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.27 97.25 Td ( ) Tj ET Q q 0 0 0 rg BT 553.69 97.25 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.03 85.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 117.82 85.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.82 85.25 Td ( ) Tj ET Q q 0 0 0 rg BT 139.52 85.25 Td (due ) Tj ET Q q 0 0 0 rg BT 155.67 85.25 Td (to ) Tj ET Q q 0 0 0 rg BT 165.15 85.25 Td (the ) Tj ET Q q 0 0 0 rg BT 179.07 85.25 Td (net ) Tj ET Q q 0 0 0 rg BT 192.99 85.25 Td (sales ) Tj ET Q q 0 0 0 rg BT 214.13 85.25 Td (of ) Tj ET Q q 0 0 0 rg BT 224.16 85.25 Td (fixed ) Tj ET Q q 0 0 0 rg BT 246.41 85.25 Td (income ) Tj ET Q q 0 0 0 rg BT 277.55 85.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 317.01 85.25 Td (and ) Tj ET Q q 0 0 0 rg BT 333.16 85.25 Td (equities, ) Tj ET Q q 0 0 0 rg BT 368.46 85.25 Td (the ) Tj ET Q q 0 0 0 rg BT 382.38 85.25 Td (repayment ) Tj ET Q q 0 0 0 rg BT 426.29 85.25 Td (of ) Tj ET Q q 0 0 0 rg BT 436.32 85.25 Td (one ) Tj ET Q q 0 0 0 rg BT 452.46 85.25 Td (collateral ) Tj ET Q q 0 0 0 rg BT 491.36 85.25 Td (loan ) Tj ET Q q 0 0 0 rg BT 510.28 85.25 Td ( ) Tj ET Q q 0 0 0 rg BT 511.99 85.25 Td (and ) Tj ET Q q 0 0 0 rg BT 528.13 85.25 Td (negative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 84.71 73.25 Td (in ) Tj ET Q q 0 0 0 rg BT 94.99 73.25 Td (market ) Tj ET Q q 0 0 0 rg BT 125.25 73.25 Td (values.) Tj ET Q endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Most ) Tj ET Q q 0 0 0 rg BT 73.03 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 83.83 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 98.52 742.10 Td (Company) Tj ET Q q 0 0 0 rg BT 140.19 742.10 Td (s ) Tj ET Q q 0 0 0 rg BT 146.55 742.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 183.47 742.10 Td (are ) Tj ET Q q 0 0 0 rg BT 198.14 742.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 237.27 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 249.74 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 264.42 742.10 Td (U.S ) Tj ET Q q 0 0 0 rg BT 282.18 742.10 Td (economy) Tj ET Q q 0 0 0 rg BT 318.18 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 323.15 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 340.06 742.10 Td (we ) Tj ET Q q 0 0 0 rg BT 354.19 742.10 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 395.53 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 402.44 742.10 Td (very ) Tj ET Q q 0 0 0 rg BT 422.68 742.10 Td (moderate ) Tj ET Q q 0 0 0 rg BT 462.35 742.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 492.04 742.10 Td (from ) Tj ET Q q 0 0 0 rg BT 513.95 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 528.63 742.10 Td (ef) Tj ET Q q 0 0 0 rg BT 536.22 742.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 553.68 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (global ) Tj ET Q q 0 0 0 rg BT 77.26 730.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 118.39 730.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 162.32 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 174.58 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 189.06 730.10 Td (domestic ) Tj ET Q q 0 0 0 rg BT 227.43 730.10 Td (economy) Tj ET Q q 0 0 0 rg BT 263.43 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 268.19 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 270.46 730.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 299.94 730.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 341.07 730.10 Td (conditions ) Tj ET Q q 0 0 0 rg BT 385.00 730.10 Td (may ) Tj ET Q q 0 0 0 rg BT 404.48 730.10 Td (create ) Tj ET Q q 0 0 0 rg BT 430.60 730.10 Td (brief ) Tj ET Q q 0 0 0 rg BT 451.74 730.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 483.44 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 494.03 730.10 Td (market ) Tj ET Q q 0 0 0 rg BT 524.06 730.10 Td (volatility) Tj ET Q q 0 0 0 rg BT 559.52 730.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (but ) Tj ET Q q 0 0 0 rg BT 65.28 718.10 Td (we ) Tj ET Q q 0 0 0 rg BT 79.44 718.10 Td (do ) Tj ET Q q 0 0 0 rg BT 91.94 718.10 Td (not ) Tj ET Q q 0 0 0 rg BT 107.22 718.10 Td (believe ) Tj ET Q q 0 0 0 rg BT 138.59 718.10 Td (they ) Tj ET Q q 0 0 0 rg BT 158.31 718.10 Td (will ) Tj ET Q q 0 0 0 rg BT 176.36 718.10 Td (alter ) Tj ET Q q 0 0 0 rg BT 196.63 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 211.34 718.10 Td (fundamental ) Tj ET Q q 0 0 0 rg BT 263.82 718.10 Td (outlook ) Tj ET Q q 0 0 0 rg BT 296.88 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 307.71 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 322.43 718.10 Td (Company) Tj ET Q q 0 0 0 rg BT 364.09 718.10 Td (s ) Tj ET Q q 0 0 0 rg BT 370.48 718.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 416.87 718.10 Td (holdings. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 701.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 701.10 Td ( ) Tj ET Q q 0 0 0 rg BT 77.87 701.10 Td (Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 684.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 684.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.41 684.10 Td (other ) Tj ET Q q 0 0 0 rg BT 99.68 684.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 150.17 684.10 Td (are ) Tj ET Q q 0 0 0 rg BT 165.09 684.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 209.46 684.10 Td (of ) Tj ET Q q 0 0 0 rg BT 220.51 684.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 260.42 684.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 284.25 684.10 Td (and ) Tj ET Q q 0 0 0 rg BT 301.40 684.10 Td (various ) Tj ET Q q 0 0 0 rg BT 333.55 684.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 364.60 684.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 416.19 684.10 Td (that ) Tj ET Q q 0 0 0 rg BT 433.91 684.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 460.51 684.10 Td (in ) Tj ET Q q 0 0 0 rg BT 471.00 684.10 Td (income-producing ) Tj ET Q q 0 0 0 rg BT 547.03 684.10 Td (real ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 672.10 Td (estate, ) Tj ET Q q 0 0 0 rg BT 77.99 672.10 Td (equities, ) Tj ET Q q 0 0 0 rg BT 114.31 672.10 Td (or ) Tj ET Q q 0 0 0 rg BT 125.37 672.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 166.41 672.10 Td (linked ) Tj ET Q q 0 0 0 rg BT 194.13 672.10 Td (securities. ) Tj ET Q q 0 0 0 rg BT 236.51 672.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 260.34 672.10 Td (accounts ) Tj ET Q q 0 0 0 rg BT 298.05 672.10 Td (for ) Tj ET Q q 0 0 0 rg BT 312.44 672.10 Td (these ) Tj ET Q q 0 0 0 rg BT 335.71 672.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 366.76 672.10 Td (partnership ) Tj ET Q q 0 0 0 rg BT 414.47 672.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 464.97 672.10 Td (using ) Tj ET Q q 0 0 0 rg BT 489.36 672.10 Td (the ) Tj ET Q q 0 0 0 rg BT 504.30 672.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 532.02 672.10 Td (method ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.10 Td (of ) Tj ET Q q 0 0 0 rg BT 61.85 660.10 Td (accounting. ) Tj ET Q q 0 0 0 rg BT 110.97 660.10 Td (As ) Tj ET Q q 0 0 0 rg BT 125.60 660.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.45 660.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 182.07 660.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.07 660.10 Td (, ) Tj ET Q q 0 0 0 rg BT 208.09 660.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.83 660.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 260.66 660.10 Td (value ) Tj ET Q q 0 0 0 rg BT 285.84 660.10 Td (of ) Tj ET Q q 0 0 0 rg BT 297.69 660.10 Td (the ) Tj ET Q q 0 0 0 rg BT 313.43 660.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 345.28 660.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 397.68 660.10 Td (was ) Tj ET Q q 0 0 0 rg BT 416.75 660.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.03 660.10 Td ($26.2 ) Tj ET Q q 0 0 0 rg BT 504.05 660.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.94 660.10 Td ( ) Tj ET Q q 0 0 0 rg BT 536.46 660.10 Td (versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.56 648.10 Td ($25.3 ) Tj ET Q q 0 0 0 rg BT 135.87 648.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.76 648.10 Td ( ) Tj ET Q q 0 0 0 rg BT 167.56 648.10 Td (as ) Tj ET Q q 0 0 0 rg BT 178.70 648.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.83 648.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 248.72 648.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.72 648.10 Td (. ) Tj ET Q q 0 0 0 rg BT 273.82 648.10 Td (The ) Tj ET Q q 0 0 0 rg BT 292.17 648.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 327.73 648.10 Td (in ) Tj ET Q q 0 0 0 rg BT 338.31 648.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 374.43 648.10 Td (value ) Tj ET Q q 0 0 0 rg BT 398.89 648.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 433.35 648.10 Td (from ) Tj ET Q q 0 0 0 rg BT 455.59 648.10 Td (one ) Tj ET Q q 0 0 0 rg BT 472.84 648.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 515.63 648.10 Td (investment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.10 Td (The ) Tj ET Q q 0 0 0 rg BT 69.53 636.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 106.82 636.10 Td (value ) Tj ET Q q 0 0 0 rg BT 132.46 636.10 Td (of ) Tj ET Q q 0 0 0 rg BT 144.77 636.10 Td (these ) Tj ET Q q 0 0 0 rg BT 169.30 636.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 221.05 636.10 Td (is ) Tj ET Q q 0 0 0 rg BT 230.82 636.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 254.52 636.10 Td ( ) Tj ET Q q 0 0 0 rg BT 258.50 636.10 Td (share ) Tj ET Q q 0 0 0 rg BT 283.58 636.10 Td (of ) Tj ET Q q 0 0 0 rg BT 295.89 636.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.09 636.10 Td (net ) Tj ET Q q 0 0 0 rg BT 328.28 636.10 Td (book ) Tj ET Q q 0 0 0 rg BT 352.26 636.10 Td (value ) Tj ET Q q 0 0 0 rg BT 377.90 636.10 Td (for ) Tj ET Q q 0 0 0 rg BT 393.54 636.10 Td (each ) Tj ET Q q 0 0 0 rg BT 415.84 636.10 Td (limited ) Tj ET Q q 0 0 0 rg BT 448.15 636.10 Td (partnership, ) Tj ET Q q 0 0 0 rg BT 499.61 636.10 Td (an ) Tj ET Q q 0 0 0 rg BT 513.03 636.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 547.01 636.10 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td (approximates ) Tj ET Q q 0 0 0 rg BT 106.99 624.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 123.99 624.10 Td (value. ) Tj ET Q q 0 0 0 rg BT 150.57 624.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 174.80 624.10 Td (receives ) Tj ET Q q 0 0 0 rg BT 210.67 624.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 252.12 624.10 Td (on ) Tj ET Q q 0 0 0 rg BT 265.24 624.10 Td (a ) Tj ET Q q 0 0 0 rg BT 272.79 624.10 Td (routine ) Tj ET Q q 0 0 0 rg BT 304.24 624.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 327.36 624.10 Td (that ) Tj ET Q q 0 0 0 rg BT 345.47 624.10 Td (approximate ) Tj ET Q q 0 0 0 rg BT 398.57 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 413.91 624.10 Td (income ) Tj ET Q q 0 0 0 rg BT 446.46 624.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 476.23 624.10 Td (on ) Tj ET Q q 0 0 0 rg BT 489.34 624.10 Td (one ) Tj ET Q q 0 0 0 rg BT 506.90 624.10 Td (of ) Tj ET Q q 0 0 0 rg BT 518.35 624.10 Td (the ) Tj ET Q q 0 0 0 rg BT 533.69 624.10 Td (limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 101.72 612.10 Td (that ) Tj ET Q q 0 0 0 rg BT 119.55 612.10 Td (invest ) Tj ET Q q 0 0 0 rg BT 146.28 612.10 Td (in ) Tj ET Q q 0 0 0 rg BT 156.90 612.10 Td (income-producing ) Tj ET Q q 0 0 0 rg BT 233.05 612.10 Td (real ) Tj ET Q q 0 0 0 rg BT 250.88 612.10 Td (estate. ) Tj ET Q q 0 0 0 rg BT 278.36 612.10 Td (As ) Tj ET Q q 0 0 0 rg BT 292.31 612.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.48 612.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 347.42 612.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.42 612.10 Td (, ) Tj ET Q q 0 0 0 rg BT 372.76 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.82 612.10 Td (carrying ) Tj ET Q q 0 0 0 rg BT 423.97 612.10 Td (values ) Tj ET Q q 0 0 0 rg BT 452.36 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 463.53 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 478.59 612.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 518.63 612.10 Td (loans ) Tj ET Q q 0 0 0 rg BT 542.58 612.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.58 600.10 Td ($3.9 ) Tj ET Q q 0 0 0 rg BT 130.91 600.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.80 600.10 Td ( ) Tj ET Q q 0 0 0 rg BT 162.62 600.10 Td (versus ) Tj ET Q q 0 0 0 rg BT 191.00 600.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.58 600.10 Td ($6.2 ) Tj ET Q q 0 0 0 rg BT 271.91 600.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.80 600.10 Td ( ) Tj ET Q q 0 0 0 rg BT 303.63 600.10 Td (as ) Tj ET Q q 0 0 0 rg BT 314.78 600.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.94 600.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 384.84 600.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.84 600.10 Td (. ) Tj ET Q q 0 0 0 rg BT 410.17 600.10 Td (One ) Tj ET Q q 0 0 0 rg BT 429.65 600.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 469.68 600.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 489.72 600.10 Td (was ) Tj ET Q q 0 0 0 rg BT 508.09 600.10 Td (repaid ) Tj ET Q q 0 0 0 rg BT 535.90 600.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (three ) Tj ET Q q 0 0 0 rg BT 72.49 588.10 Td (month ) Tj ET Q q 0 0 0 rg BT 100.54 588.10 Td (period ) Tj ET Q q 0 0 0 rg BT 128.59 588.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 154.97 588.10 Td (March ) Tj ET Q q 0 0 0 rg BT 183.56 588.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 198.56 588.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.56 588.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (The ) Tj ET Q q 0 0 0 rg BT 69.84 571.10 Td (following ) Tj ET Q q 0 0 0 rg BT 113.03 571.10 Td (table ) Tj ET Q q 0 0 0 rg BT 136.76 571.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 188.82 571.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 240.89 571.10 Td (in ) Tj ET Q q 0 0 0 rg BT 252.97 571.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 282.26 571.10 Td (method ) Tj ET Q q 0 0 0 rg BT 316.55 571.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 368.62 571.10 Td (by ) Tj ET Q q 0 0 0 rg BT 382.92 571.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 431.10 571.10 Td (type ) Tj ET Q q 0 0 0 rg BT 452.61 571.10 Td (as ) Tj ET Q q 0 0 0 rg BT 465.24 571.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.87 571.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 523.26 571.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.26 571.10 Td ( ) Tj ET Q q 0 0 0 rg BT 547.56 571.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 108.58 559.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 559.10 Td ( ) Tj ET Q q 0 0 0 rg BT 131.08 559.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 141.91 559.10 Td (in ) Tj ET Q q 0 0 0 rg BT 152.19 559.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 505.60 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 505.60 103.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 505.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 505.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 475.60 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 475.60 103.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 475.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 475.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 445.60 217.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 445.60 103.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 445.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 445.60 88.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 543.6 m 369.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 520.6 m 369.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 543.6 m 473.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 520.6 m 473.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 543.6 m 561.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 520.6 m 561.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 520.6 m 369.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 505.6 m 369.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 520.6 m 473.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 505.6 m 473.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 520.6 m 561.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 505.6 m 561.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 505.6 m 369.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 505.6 m 473.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 505.6 m 561.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 430.6 m 369.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 430.6 m 473.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 430.6 m 561.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 430.6 m 369.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 416.6 m 369.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 414.6 m 369.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 430.6 m 473.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 416.6 m 473.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 414.6 m 473.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 430.6 m 561.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 416.6 m 561.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 414.6 m 561.5 414.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 534.33 Td (Unfunded) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.20 524.33 Td (Commitments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.05 525.28 Td (Carrying ) Tj ET Q q 0 0 0 rg BT 473.90 525.28 Td (V) Tj ET Q q 0 0 0 rg BT 480.57 525.28 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.40 510.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 303.19 510.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.90 510.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 406.69 510.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.65 510.28 Td (December) Tj ET Q q 0 0 0 rg BT 519.77 510.28 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 495.27 Td (Real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.15 495.27 Td (2,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 495.27 Td (10,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 495.27 Td (10,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 480.27 Td (Insurance linked securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 480.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 480.27 Td (9,1) Tj ET Q q 0 0 0 rg BT 459.65 480.27 Td (1) Tj ET Q q 0 0 0 rg BT 464.65 480.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 480.27 Td (9,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 465.27 Td (Activist hedge funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 465.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 465.27 Td (4,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 465.27 Td (4,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 450.27 Td (V) Tj ET Q q 0 0 0 rg BT 58.67 450.27 Td (enture capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.15 450.27 Td (3,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 450.27 Td (1,802) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 450.27 Td (853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 435.27 Td (Other joint venture) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 435.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 435.27 Td (325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 435.27 Td (325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 420.27 Td (T) Tj ET Q q 0 0 0 rg BT 57.41 420.27 Td (otal Equity Method Investments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.15 420.27 Td (6,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 420.27 Td (26,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 420.27 Td (25,278) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 399.10 Td (Liquidity and Cash Flow Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.05 382.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.33 382.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 119.36 382.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.36 382.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.81 382.10 Td (26.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.64 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 173.58 382.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.85 382.10 Td (the ) Tj ET Q q 0 0 0 rg BT 200.01 382.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 223.49 382.10 Td (income ) Tj ET Q q 0 0 0 rg BT 255.87 382.10 Td (securities, ) Tj ET Q q 0 0 0 rg BT 299.07 382.10 Td (including ) Tj ET Q q 0 0 0 rg BT 339.79 382.10 Td (treasury ) Tj ET Q q 0 0 0 rg BT 374.93 382.10 Td (bills, ) Tj ET Q q 0 0 0 rg BT 397.60 382.10 Td (bankers) Tj ET Q q 0 0 0 rg BT 431.29 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.23 382.10 Td (acceptances, ) Tj ET Q q 0 0 0 rg BT 487.41 382.10 Td (government ) Tj ET Q q 0 0 0 rg BT 538.11 382.10 Td (bonds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.02 370.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 105.36 370.10 Td (bonds ) Tj ET Q q 0 0 0 rg BT 130.84 370.10 Td (had ) Tj ET Q q 0 0 0 rg BT 146.86 370.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 192.86 370.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 234.44 370.10 Td (of ) Tj ET Q q 0 0 0 rg BT 244.35 370.10 Td (five ) Tj ET Q q 0 0 0 rg BT 261.48 370.10 Td (years ) Tj ET Q q 0 0 0 rg BT 284.17 370.10 Td (or ) Tj ET Q q 0 0 0 rg BT 294.08 370.10 Td (less, ) Tj ET Q q 0 0 0 rg BT 313.17 370.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 354.17 370.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.54 370.10 Td (28.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.37 370.10 Td ( ) Tj ET Q q 0 0 0 rg BT 390.95 370.10 Td (as ) Tj ET Q q 0 0 0 rg BT 400.87 370.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.78 370.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 468.45 370.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.45 370.10 Td (. ) Tj ET Q q 0 0 0 rg BT 492.53 370.10 Td ( ) Tj ET Q q 0 0 0 rg BT 493.77 370.10 Td (Actual ) Tj ET Q q 0 0 0 rg BT 522.01 370.10 Td (maturities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.65 358.10 Td (dif) Tj ET Q q 0 0 0 rg BT 80.58 358.10 Td (fer ) Tj ET Q q 0 0 0 rg BT 94.12 358.10 Td (from ) Tj ET Q q 0 0 0 rg BT 116.00 358.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 162.85 358.10 Td (maturities, ) Tj ET Q q 0 0 0 rg BT 207.78 358.10 Td (because ) Tj ET Q q 0 0 0 rg BT 241.86 358.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 271.50 358.10 Td (issuers ) Tj ET Q q 0 0 0 rg BT 301.16 358.10 Td (have ) Tj ET Q q 0 0 0 rg BT 322.48 358.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.13 358.10 Td (right ) Tj ET Q q 0 0 0 rg BT 358.46 358.10 Td (to ) Tj ET Q q 0 0 0 rg BT 368.67 358.10 Td (call ) Tj ET Q q 0 0 0 rg BT 385.55 358.10 Td (or ) Tj ET Q q 0 0 0 rg BT 396.31 358.10 Td (prepay ) Tj ET Q q 0 0 0 rg BT 425.96 358.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 472.84 358.10 Td (with ) Tj ET Q q 0 0 0 rg BT 493.06 358.10 Td (or ) Tj ET Q q 0 0 0 rg BT 503.83 358.10 Td (without ) Tj ET Q q 0 0 0 rg BT 536.82 358.10 Td (call ) Tj ET Q q 0 0 0 rg BT 553.69 358.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (prepayment ) Tj ET Q q 0 0 0 rg BT 100.58 346.10 Td (penalties. ) Tj ET Q q 0 0 0 rg BT 141.25 346.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 165.73 346.10 Td (holds ) Tj ET Q q 0 0 0 rg BT 190.77 346.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 211.92 346.10 Td (and ) Tj ET Q q 0 0 0 rg BT 229.73 346.10 Td (high ) Tj ET Q q 0 0 0 rg BT 250.88 346.10 Td (grade ) Tj ET Q q 0 0 0 rg BT 276.46 346.10 Td (short-term ) Tj ET Q q 0 0 0 rg BT 321.49 346.10 Td (assets, ) Tj ET Q q 0 0 0 rg BT 350.70 346.10 Td (which, ) Tj ET Q q 0 0 0 rg BT 381.01 346.10 Td (along ) Tj ET Q q 0 0 0 rg BT 406.60 346.10 Td (with ) Tj ET Q q 0 0 0 rg BT 427.75 346.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 451.67 346.10 Td (income ) Tj ET Q q 0 0 0 rg BT 484.48 346.10 Td (security ) Tj ET Q q 0 0 0 rg BT 519.51 346.10 Td (maturities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (management ) Tj ET Q q 0 0 0 rg BT 103.97 334.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 139.61 334.10 Td (are ) Tj ET Q q 0 0 0 rg BT 154.69 334.10 Td (suf) Tj ET Q q 0 0 0 rg BT 166.73 334.10 Td (ficient ) Tj ET Q q 0 0 0 rg BT 195.15 334.10 Td (for ) Tj ET Q q 0 0 0 rg BT 209.69 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 224.78 334.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 262.10 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 273.30 334.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 302.28 334.10 Td (on ) Tj ET Q q 0 0 0 rg BT 315.16 334.10 Td (a ) Tj ET Q q 0 0 0 rg BT 322.48 334.10 Td (timely ) Tj ET Q q 0 0 0 rg BT 350.91 334.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 376.28 334.10 Td (In ) Tj ET Q q 0 0 0 rg BT 387.49 334.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.59 334.10 Td (event ) Tj ET Q q 0 0 0 rg BT 427.12 334.10 Td (that ) Tj ET Q q 0 0 0 rg BT 444.99 334.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 487.86 334.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 508.50 334.10 Td (is ) Tj ET Q q 0 0 0 rg BT 518.05 334.10 Td (required ) Tj ET Q q 0 0 0 rg BT 554.24 334.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 72.07 322.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 119.15 322.10 Td (to ) Tj ET Q q 0 0 0 rg BT 129.56 322.10 Td (policyholders, ) Tj ET Q q 0 0 0 rg BT 188.54 322.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 212.29 322.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 247.69 322.10 Td (that ) Tj ET Q q 0 0 0 rg BT 265.31 322.10 Td (a ) Tj ET Q q 0 0 0 rg BT 272.39 322.10 Td (high ) Tj ET Q q 0 0 0 rg BT 292.80 322.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 323.21 322.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 363.61 322.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 401.23 322.10 Td (provides ) Tj ET Q q 0 0 0 rg BT 438.31 322.10 Td (us ) Tj ET Q q 0 0 0 rg BT 449.83 322.10 Td (with ) Tj ET Q q 0 0 0 rg BT 470.25 322.10 Td (suf) Tj ET Q q 0 0 0 rg BT 482.29 322.10 Td (ficient ) Tj ET Q q 0 0 0 rg BT 510.46 322.10 Td (liquidity) Tj ET Q q 0 0 0 rg BT 543.71 322.10 Td (. ) Tj ET Q q 0 0 0 rg BT 548.84 322.10 Td ( ) Tj ET Q q 0 0 0 rg BT 550.89 322.10 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.80 310.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 104.38 310.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.38 310.10 Td (, ) Tj ET Q q 0 0 0 rg BT 129.35 310.10 Td (the ) Tj ET Q q 0 0 0 rg BT 144.04 310.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 167.06 310.10 Td (income ) Tj ET Q q 0 0 0 rg BT 198.96 310.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 239.20 310.10 Td (had ) Tj ET Q q 0 0 0 rg BT 256.11 310.10 Td (a ) Tj ET Q q 0 0 0 rg BT 263.02 310.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 302.15 310.10 Td (average ) Tj ET Q q 0 0 0 rg BT 335.71 310.10 Td (life ) Tj ET Q q 0 0 0 rg BT 351.51 310.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.31 310.10 Td (5.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.81 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 377.29 310.10 Td (years ) Tj ET Q q 0 0 0 rg BT 400.86 310.10 Td (and ) Tj ET Q q 0 0 0 rg BT 417.77 310.10 Td (a ) Tj ET Q q 0 0 0 rg BT 424.68 310.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 460.48 310.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.28 310.10 Td (4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.78 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 486.25 310.10 Td (years, ) Tj ET Q q 0 0 0 rg BT 512.33 310.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 554.22 310.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (a ) Tj ET Q q 0 0 0 rg BT 56.97 298.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 96.16 298.10 Td (average ) Tj ET Q q 0 0 0 rg BT 129.78 298.10 Td (life ) Tj ET Q q 0 0 0 rg BT 145.64 298.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.50 298.10 Td (4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.00 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 171.54 298.10 Td (years ) Tj ET Q q 0 0 0 rg BT 195.17 298.10 Td (and ) Tj ET Q q 0 0 0 rg BT 212.14 298.10 Td (a ) Tj ET Q q 0 0 0 rg BT 219.12 298.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 254.98 298.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.84 298.10 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.34 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 280.87 298.10 Td (years, ) Tj ET Q q 0 0 0 rg BT 307.01 298.10 Td (as ) Tj ET Q q 0 0 0 rg BT 317.87 298.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.74 298.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 387.35 298.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.35 298.10 Td (. ) Tj ET Q q 0 0 0 rg BT 412.20 298.10 Td (The ) Tj ET Q q 0 0 0 rg BT 430.29 298.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 465.57 298.10 Td (in ) Tj ET Q q 0 0 0 rg BT 475.89 298.10 Td (weighted ) Tj ET Q q 0 0 0 rg BT 515.08 298.10 Td (average ) Tj ET Q q 0 0 0 rg BT 548.69 298.10 Td (life ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.47 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.83 286.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 97.51 286.10 Td (income ) Tj ET Q q 0 0 0 rg BT 129.09 286.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 168.99 286.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 206.13 286.10 Td (was ) Tj ET Q q 0 0 0 rg BT 223.82 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 238.18 286.10 Td (result ) Tj ET Q q 0 0 0 rg BT 262.53 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 273.00 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 287.36 286.10 Td (reinvestment ) Tj ET Q q 0 0 0 rg BT 341.15 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.62 286.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 389.30 286.10 Td (from ) Tj ET Q q 0 0 0 rg BT 410.88 286.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.23 286.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 461.26 286.10 Td (and ) Tj ET Q q 0 0 0 rg BT 477.83 286.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 499.41 286.10 Td (of ) Tj ET Q q 0 0 0 rg BT 509.88 286.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 532.57 286.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 89.46 274.10 Td (with ) Tj ET Q q 0 0 0 rg BT 108.94 274.10 Td (longer ) Tj ET Q q 0 0 0 rg BT 136.18 274.10 Td (average ) Tj ET Q q 0 0 0 rg BT 168.96 274.10 Td (lives. ) Tj ET Q q 0 0 0 rg BT 192.04 274.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 228.18 274.10 Td (in ) Tj ET Q q 0 0 0 rg BT 237.65 274.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 268.78 274.10 Td (rates ) Tj ET Q q 0 0 0 rg BT 289.36 274.10 Td (may ) Tj ET Q q 0 0 0 rg BT 308.27 274.10 Td (have ) Tj ET Q q 0 0 0 rg BT 328.85 274.10 Td (a ) Tj ET Q q 0 0 0 rg BT 334.98 274.10 Td (modest ) Tj ET Q q 0 0 0 rg BT 365.56 274.10 Td (market ) Tj ET Q q 0 0 0 rg BT 395.02 274.10 Td (value ) Tj ET Q q 0 0 0 rg BT 418.38 274.10 Td (impact ) Tj ET Q q 0 0 0 rg BT 447.29 274.10 Td (on ) Tj ET Q q 0 0 0 rg BT 458.98 274.10 Td (the ) Tj ET Q q 0 0 0 rg BT 472.52 274.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 495.33 274.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 532.02 274.10 Td (relative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 59.35 262.10 Td (longer ) Tj ET Q q 0 0 0 rg BT 86.48 262.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 121.38 262.10 Td (portfolios. ) Tj ET Q q 0 0 0 rg BT 163.99 262.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 186.68 262.10 Td (can ) Tj ET Q q 0 0 0 rg BT 202.13 262.10 Td (and ) Tj ET Q q 0 0 0 rg BT 218.15 262.10 Td (typically ) Tj ET Q q 0 0 0 rg BT 254.71 262.10 Td (does ) Tj ET Q q 0 0 0 rg BT 274.62 262.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 293.97 262.10 Td (bonds ) Tj ET Q q 0 0 0 rg BT 319.44 262.10 Td (to ) Tj ET Q q 0 0 0 rg BT 328.80 262.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 364.25 262.10 Td (by ) Tj ET Q q 0 0 0 rg BT 375.83 262.10 Td (matching ) Tj ET Q q 0 0 0 rg BT 414.62 262.10 Td (duration ) Tj ET Q q 0 0 0 rg BT 449.52 262.10 Td (with ) Tj ET Q q 0 0 0 rg BT 468.87 262.10 Td (the ) Tj ET Q q 0 0 0 rg BT 482.67 262.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 528.11 262.10 Td (liquidity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (needs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.35 233.10 Td (debt-to-equity ) Tj ET Q q 0 0 0 rg BT 127.81 233.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 148.94 233.10 Td (is ) Tj ET Q q 0 0 0 rg BT 158.41 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 173.43 233.10 Td (sum ) Tj ET Q q 0 0 0 rg BT 192.90 233.10 Td (of ) Tj ET Q q 0 0 0 rg BT 204.04 233.10 Td (the ) Tj ET Q q 0 0 0 rg BT 219.06 233.10 Td (Company) Tj ET Q q 0 0 0 rg BT 260.72 233.10 Td (s ) Tj ET Q q 0 0 0 rg BT 267.42 233.10 Td (long-term ) Tj ET Q q 0 0 0 rg BT 309.66 233.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 329.68 233.10 Td (and ) Tj ET Q q 0 0 0 rg BT 346.92 233.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 379.16 233.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 413.06 233.10 Td (divided ) Tj ET Q q 0 0 0 rg BT 445.86 233.10 Td (by ) Tj ET Q q 0 0 0 rg BT 458.66 233.10 Td (total ) Tj ET Q q 0 0 0 rg BT 479.24 233.10 Td (shareholders) Tj ET Q q 0 0 0 rg BT 532.36 233.10 Td ( ) Tj ET Q q 0 0 0 rg BT 535.17 233.10 Td (equity) Tj ET Q q 0 0 0 rg BT 559.51 233.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.10 Td (The ) Tj ET Q q 0 0 0 rg BT 66.93 221.10 Td (Company) Tj ET Q q 0 0 0 rg BT 108.59 221.10 Td (s ) Tj ET Q q 0 0 0 rg BT 113.87 221.10 Td (debt-to-equity ) Tj ET Q q 0 0 0 rg BT 171.90 221.10 Td (ratio ) Tj ET Q q 0 0 0 rg BT 191.60 221.10 Td (as ) Tj ET Q q 0 0 0 rg BT 201.31 221.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.02 221.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 253.50 221.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.50 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 274.88 221.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.70 221.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 348.17 221.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.17 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 369.55 221.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.48 221.10 Td (26.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.31 221.10 Td ( ) Tj ET Q q 0 0 0 rg BT 413.69 221.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.51 221.10 Td (26.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.34 221.10 Td (, ) Tj ET Q q 0 0 0 rg BT 459.22 221.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 506.88 221.10 Td (. ) Tj ET Q q 0 0 0 rg BT 510.67 221.10 Td (The ) Tj ET Q q 0 0 0 rg BT 527.59 221.10 Td (decrease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.10 Td (is ) Tj ET Q q 0 0 0 rg BT 59.48 209.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 99.50 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 114.53 209.10 Td (result ) Tj ET Q q 0 0 0 rg BT 139.56 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 150.70 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 165.73 209.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 201.30 209.10 Td (in ) Tj ET Q q 0 0 0 rg BT 211.89 209.10 Td (shareholders) Tj ET Q q 0 0 0 rg BT 265.01 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 267.82 209.10 Td (equity) Tj ET Q q 0 0 0 rg BT 292.17 209.10 Td (. ) Tj ET Q q 0 0 0 rg BT 297.48 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 300.29 209.10 Td (Refer ) Tj ET Q q 0 0 0 rg BT 325.31 209.10 Td (to ) Tj ET Q q 0 0 0 rg BT 335.90 209.10 Td (the ) Tj ET Q q 0 0 0 rg BT 350.93 209.10 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 394.29 209.10 Td (and ) Tj ET Q q 0 0 0 rg BT 411.54 209.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 443.24 209.10 Td (Resources) Tj ET Q q 0 0 0 rg BT 486.92 209.10 Td ( ) Tj ET Q q 0 0 0 rg BT 489.73 209.10 Td (subsections ) Tj ET Q q 0 0 0 rg BT 538.65 209.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 209.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 93.04 197.10 Td (Condition) Tj ET Q q 0 0 0 rg BT 135.63 197.10 Td ( ) Tj ET Q q 0 0 0 rg BT 138.13 197.10 Td (section ) Tj ET Q q 0 0 0 rg BT 168.96 197.10 Td (for ) Tj ET Q q 0 0 0 rg BT 183.12 197.10 Td (further ) Tj ET Q q 0 0 0 rg BT 212.83 197.10 Td (information. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (Cr) Tj ET Q q 0 0 0 rg BT 61.48 180.10 Td (edit ) Tj ET Q q 0 0 0 rg BT 80.09 180.10 Td (Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 76.77 163.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 93.55 163.10 Td (is ) Tj ET Q q 0 0 0 rg BT 101.99 163.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 133.76 163.10 Td (as ) Tj ET Q q 0 0 0 rg BT 143.86 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.86 163.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 174.63 163.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.74 163.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 221.50 163.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 238.83 163.10 Td (due ) Tj ET Q q 0 0 0 rg BT 255.05 163.10 Td (to ) Tj ET Q q 0 0 0 rg BT 264.60 163.10 Td (failure ) Tj ET Q q 0 0 0 rg BT 292.47 163.10 Td (of ) Tj ET Q q 0 0 0 rg BT 302.58 163.10 Td (the ) Tj ET Q q 0 0 0 rg BT 316.57 163.10 Td (other ) Tj ET Q q 0 0 0 rg BT 338.90 163.10 Td (party ) Tj ET Q q 0 0 0 rg BT 361.22 163.10 Td (to ) Tj ET Q q 0 0 0 rg BT 370.77 163.10 Td (a ) Tj ET Q q 0 0 0 rg BT 376.99 163.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 413.75 163.10 Td (instrument ) Tj ET Q q 0 0 0 rg BT 458.29 163.10 Td (to ) Tj ET Q q 0 0 0 rg BT 467.85 163.10 Td (dischar) Tj ET Q q 0 0 0 rg BT 496.55 163.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 507.76 163.10 Td (an ) Tj ET Q q 0 0 0 rg BT 518.98 163.10 Td (obligation. ) Tj ET Q q 0 0 0 rg BT 564.53 163.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 72.64 151.10 Td (is ) Tj ET Q q 0 0 0 rg BT 80.84 151.10 Td (exposed ) Tj ET Q q 0 0 0 rg BT 115.14 151.10 Td (to ) Tj ET Q q 0 0 0 rg BT 124.45 151.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 148.75 151.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 165.28 151.10 Td (principally ) Tj ET Q q 0 0 0 rg BT 210.13 151.10 Td (through ) Tj ET Q q 0 0 0 rg BT 242.78 151.10 Td (its ) Tj ET Q q 0 0 0 rg BT 253.76 151.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 303.06 151.10 Td (and ) Tj ET Q q 0 0 0 rg BT 319.03 151.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 354.99 151.10 Td (receivable ) Tj ET Q q 0 0 0 rg BT 397.60 151.10 Td (from ) Tj ET Q q 0 0 0 rg BT 418.57 151.10 Td (policyholders, ) Tj ET Q q 0 0 0 rg BT 477.04 151.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 504.12 151.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.09 151.10 Td (reinsurers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (It ) Tj ET Q q 0 0 0 rg BT 58.57 139.10 Td (monitors ) Tj ET Q q 0 0 0 rg BT 96.59 139.10 Td (concentration ) Tj ET Q q 0 0 0 rg BT 153.47 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 170.37 139.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 195.60 139.10 Td (quality ) Tj ET Q q 0 0 0 rg BT 225.83 139.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 243.30 139.10 Td (through ) Tj ET Q q 0 0 0 rg BT 276.87 139.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 310.43 139.10 Td (designed ) Tj ET Q q 0 0 0 rg BT 348.44 139.10 Td (to ) Tj ET Q q 0 0 0 rg BT 358.68 139.10 Td (limit ) Tj ET Q q 0 0 0 rg BT 380.04 139.10 Td (and ) Tj ET Q q 0 0 0 rg BT 396.94 139.10 Td (monitor ) Tj ET Q q 0 0 0 rg BT 431.07 139.10 Td (its ) Tj ET Q q 0 0 0 rg BT 442.98 139.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 481.54 139.10 Td (to ) Tj ET Q q 0 0 0 rg BT 491.78 139.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 534.79 139.10 Td (issuers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (or ) Tj ET Q q 0 0 0 rg BT 60.47 127.10 Td (related ) Tj ET Q q 0 0 0 rg BT 89.81 127.10 Td (groups ) Tj ET Q q 0 0 0 rg BT 119.17 127.10 Td (\(with ) Tj ET Q q 0 0 0 rg BT 142.42 127.10 Td (the ) Tj ET Q q 0 0 0 rg BT 156.77 127.10 Td (exception ) Tj ET Q q 0 0 0 rg BT 197.78 127.10 Td (of ) Tj ET Q q 0 0 0 rg BT 208.25 127.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 228.17 127.10 Td (government ) Tj ET Q q 0 0 0 rg BT 278.08 127.10 Td (bonds\) ) Tj ET Q q 0 0 0 rg BT 307.44 127.10 Td (as ) Tj ET Q q 0 0 0 rg BT 317.91 127.10 Td (well ) Tj ET Q q 0 0 0 rg BT 337.26 127.10 Td (as ) Tj ET Q q 0 0 0 rg BT 347.73 127.10 Td (through ) Tj ET Q q 0 0 0 rg BT 380.98 127.10 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 415.89 127.10 Td (review ) Tj ET Q q 0 0 0 rg BT 445.24 127.10 Td (of ) Tj ET Q q 0 0 0 rg BT 455.71 127.10 Td (the ) Tj ET Q q 0 0 0 rg BT 470.06 127.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 494.97 127.10 Td (ratings ) Tj ET Q q 0 0 0 rg BT 524.32 127.10 Td (of ) Tj ET Q q 0 0 0 rg BT 534.79 127.10 Td (issuers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td (in ) Tj ET Q q 0 0 0 rg BT 60.15 115.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.74 115.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 114.88 115.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 154.75 115.10 Td (Credit ) Tj ET Q q 0 0 0 rg BT 182.11 115.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 220.59 115.10 Td (to ) Tj ET Q q 0 0 0 rg BT 230.74 115.10 Td (any ) Tj ET Q q 0 0 0 rg BT 247.55 115.10 Td (one ) Tj ET Q q 0 0 0 rg BT 264.36 115.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 307.29 115.10 Td (policyholder ) Tj ET Q q 0 0 0 rg BT 360.20 115.10 Td (is ) Tj ET Q q 0 0 0 rg BT 369.24 115.10 Td (not ) Tj ET Q q 0 0 0 rg BT 384.39 115.10 Td (material. ) Tj ET Q q 0 0 0 rg BT 421.85 115.10 Td (The ) Tj ET Q q 0 0 0 rg BT 439.77 115.10 Td (Company) Tj ET Q q 0 0 0 rg BT 481.44 115.10 Td (s ) Tj ET Q q 0 0 0 rg BT 487.70 115.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 528.39 115.10 Td (policies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.10 Td (however) Tj ET Q q 0 0 0 rg BT 84.03 103.10 Td (, ) Tj ET Q q 0 0 0 rg BT 88.63 103.10 Td (are ) Tj ET Q q 0 0 0 rg BT 102.94 103.10 Td (distributed ) Tj ET Q q 0 0 0 rg BT 147.81 103.10 Td (by ) Tj ET Q q 0 0 0 rg BT 159.91 103.10 Td (agents ) Tj ET Q q 0 0 0 rg BT 187.56 103.10 Td (who ) Tj ET Q q 0 0 0 rg BT 206.88 103.10 Td (may ) Tj ET Q q 0 0 0 rg BT 226.20 103.10 Td (manage ) Tj ET Q q 0 0 0 rg BT 259.40 103.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 279.27 103.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 320.80 103.10 Td (on ) Tj ET Q q 0 0 0 rg BT 332.90 103.10 Td (its ) Tj ET Q q 0 0 0 rg BT 344.45 103.10 Td (behalf ) Tj ET Q q 0 0 0 rg BT 371.53 103.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 408.07 103.10 Td (to ) Tj ET Q q 0 0 0 rg BT 417.95 103.10 Td (the ) Tj ET Q q 0 0 0 rg BT 432.27 103.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 456.59 103.10 Td (of ) Tj ET Q q 0 0 0 rg BT 467.02 103.10 Td (their ) Tj ET Q q 0 0 0 rg BT 487.44 103.10 Td (agency ) Tj ET Q q 0 0 0 rg BT 517.86 103.10 Td (agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 74.22 91.10 Td (has ) Tj ET Q q 0 0 0 rg BT 90.66 91.10 Td (protocols ) Tj ET Q q 0 0 0 rg BT 130.99 91.10 Td (to ) Tj ET Q q 0 0 0 rg BT 141.88 91.10 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 178.31 91.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.64 91.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 231.73 91.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 272.62 91.10 Td (of ) Tj ET Q q 0 0 0 rg BT 284.06 91.10 Td (its ) Tj ET Q q 0 0 0 rg BT 296.62 91.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 339.16 91.10 Td (and ) Tj ET Q q 0 0 0 rg BT 356.71 91.10 Td (monitors ) Tj ET Q q 0 0 0 rg BT 395.38 91.10 Td (concentrations ) Tj ET Q q 0 0 0 rg BT 456.81 91.10 Td (of ) Tj ET Q q 0 0 0 rg BT 468.25 91.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 494.13 91.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 512.24 91.10 Td (arising ) Tj ET Q q 0 0 0 rg BT 542.57 91.10 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.10 Td (similar ) Tj ET Q q 0 0 0 rg BT 80.27 79.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 127.19 79.10 Td (regions, ) Tj ET Q q 0 0 0 rg BT 161.62 79.10 Td (activities, ) Tj ET Q q 0 0 0 rg BT 202.71 79.10 Td (or ) Tj ET Q q 0 0 0 rg BT 213.54 79.10 Td (economic ) Tj ET Q q 0 0 0 rg BT 254.91 79.10 Td (characteristics ) Tj ET Q q 0 0 0 rg BT 314.59 79.10 Td (of ) Tj ET Q q 0 0 0 rg BT 325.42 79.10 Td (the ) Tj ET Q q 0 0 0 rg BT 340.13 79.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 382.05 79.10 Td (to ) Tj ET Q q 0 0 0 rg BT 392.32 79.10 Td (minimize ) Tj ET Q q 0 0 0 rg BT 432.59 79.10 Td (its ) Tj ET Q q 0 0 0 rg BT 444.53 79.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 483.13 79.10 Td (to ) Tj ET Q q 0 0 0 rg BT 493.40 79.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 538.11 79.10 Td (losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.10 Td (from ) Tj ET Q q 0 0 0 rg BT 71.94 67.10 Td (reinsurers) Tj ET Q q 0 0 0 rg BT 113.96 67.10 Td ( ) Tj ET Q q 0 0 0 rg BT 116.46 67.10 Td (insolvency) Tj ET Q q 0 0 0 rg BT 159.13 67.10 Td (. ) Tj ET Q endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (As ) Tj ET Q q 0 0 0 rg BT 63.65 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.52 742.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 118.16 742.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.16 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 142.64 742.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 166.34 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.88 742.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 211.95 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 226.15 742.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 243.13 742.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 262.89 742.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.98 742.10 Td ($3.7 ) Tj ET Q q 0 0 0 rg BT 301.02 742.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.91 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 334.95 742.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 376.92 742.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.24 742.10 Td ($3.4 ) Tj ET Q q 0 0 0 rg BT 407.28 742.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.17 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 438.71 742.10 Td (as ) Tj ET Q q 0 0 0 rg BT 449.58 742.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.45 742.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 519.08 742.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.08 742.10 Td (. ) Tj ET Q q 0 0 0 rg BT 544.12 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 546.47 742.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 85.59 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 96.20 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 111.25 730.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 154.61 730.10 Td (for ) Tj ET Q q 0 0 0 rg BT 169.10 730.10 Td (bad ) Tj ET Q q 0 0 0 rg BT 186.37 730.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 206.42 730.10 Td (was ) Tj ET Q q 0 0 0 rg BT 224.80 730.10 Td (related ) Tj ET Q q 0 0 0 rg BT 254.84 730.10 Td (to ) Tj ET Q q 0 0 0 rg BT 265.45 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 280.50 730.10 Td (re-estimation ) Tj ET Q q 0 0 0 rg BT 336.09 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 347.25 730.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.30 730.10 Td (allowance, ) Tj ET Q q 0 0 0 rg BT 408.16 730.10 Td (which ) Tj ET Q q 0 0 0 rg BT 435.43 730.10 Td (was ) Tj ET Q q 0 0 0 rg BT 453.82 730.10 Td (based ) Tj ET Q q 0 0 0 rg BT 479.42 730.10 Td (on ) Tj ET Q q 0 0 0 rg BT 492.25 730.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 531.19 730.10 Td (growth, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (during ) Tj ET Q q 0 0 0 rg BT 78.61 718.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.33 718.10 Td (three ) Tj ET Q q 0 0 0 rg BT 115.81 718.10 Td (month ) Tj ET Q q 0 0 0 rg BT 143.87 718.10 Td (period ) Tj ET Q q 0 0 0 rg BT 171.91 718.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 198.29 718.10 Td (March ) Tj ET Q q 0 0 0 rg BT 226.89 718.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 241.89 718.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.89 718.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.52 701.10 Td (following ) Tj ET Q q 0 0 0 rg BT 108.37 701.10 Td (table ) Tj ET Q q 0 0 0 rg BT 129.78 701.10 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 179.51 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.70 701.10 Td (composition ) Tj ET Q q 0 0 0 rg BT 245.11 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 255.41 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 269.60 701.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 285.45 701.10 Td (value ) Tj ET Q q 0 0 0 rg BT 309.07 701.10 Td (of ) Tj ET Q q 0 0 0 rg BT 319.37 701.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.56 701.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 356.08 701.10 Td (income ) Tj ET Q q 0 0 0 rg BT 387.48 701.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 427.21 701.10 Td (portfolio, ) Tj ET Q q 0 0 0 rg BT 466.68 701.10 Td (excluding ) Tj ET Q q 0 0 0 rg BT 508.08 701.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 527.82 701.10 Td (and ) Tj ET Q q 0 0 0 rg BT 544.23 701.10 Td (cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.10 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 99.93 689.10 Td (as ) Tj ET Q q 0 0 0 rg BT 110.16 689.10 Td (of ) Tj ET Q q 0 0 0 rg BT 120.38 689.10 Td (the ) Tj ET Q q 0 0 0 rg BT 134.49 689.10 Td (dates ) Tj ET Q q 0 0 0 rg BT 156.93 689.10 Td (indicated, ) Tj ET Q q 0 0 0 rg BT 197.97 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 209.86 689.10 Td (ratings ) Tj ET Q q 0 0 0 rg BT 238.97 689.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 275.30 689.10 Td (by ) Tj ET Q q 0 0 0 rg BT 287.19 689.10 Td (Fitch, ) Tj ET Q q 0 0 0 rg BT 312.14 689.10 Td (S&P) Tj ET Q q 0 0 0 rg BT 330.67 689.10 Td ( ) Tj ET Q q 0 0 0 rg BT 332.56 689.10 Td (or ) Tj ET Q q 0 0 0 rg BT 342.79 689.10 Td (Moody) Tj ET Q q 0 0 0 rg BT 374.46 689.10 Td (s ) Tj ET Q q 0 0 0 rg BT 380.24 689.10 Td (Investors ) Tj ET Q q 0 0 0 rg BT 418.79 689.10 Td (Service. ) Tj ET Q q 0 0 0 rg BT 453.03 689.10 Td (The ) Tj ET Q q 0 0 0 rg BT 470.47 689.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 492.91 689.10 Td (income ) Tj ET Q q 0 0 0 rg BT 524.24 689.10 Td (securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.10 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 87.83 677.10 Td (consists ) Tj ET Q q 0 0 0 rg BT 122.33 677.10 Td (of ) Tj ET Q q 0 0 0 rg BT 133.50 677.10 Td (predominantly ) Tj ET Q q 0 0 0 rg BT 194.65 677.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 241.37 677.10 Td (grade ) Tj ET Q q 0 0 0 rg BT 266.41 677.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 307.01 677.10 Td (in ) Tj ET Q q 0 0 0 rg BT 317.62 677.10 Td (corporate ) Tj ET Q q 0 0 0 rg BT 358.21 677.10 Td (and ) Tj ET Q q 0 0 0 rg BT 375.48 677.10 Td (government ) Tj ET Q q 0 0 0 rg BT 426.08 677.10 Td (bonds ) Tj ET Q q 0 0 0 rg BT 452.81 677.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.42 677.10 Td (99.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.25 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 502.08 677.10 Td (rated ) Tj ET Q q 0 0 0 rg BT 524.90 677.10 Td (BBB) Tj ET Q q 0 0 0 rg BT 550.83 677.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 677.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.10 Td (better ) Tj ET Q q 0 0 0 rg BT 75.26 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 86.09 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.92 665.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 140.52 665.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.52 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 163.02 665.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 204.95 665.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.22 665.10 Td (99.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.05 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 243.55 665.10 Td (as ) Tj ET Q q 0 0 0 rg BT 254.38 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.21 665.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 323.80 665.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.80 665.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 640.40 Td (Cr) Tj ET Q q 0 0 0 rg BT 61.48 640.40 Td (edit ratings of fixed income securities portfolio \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 606.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 606.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 606.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 606.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 606.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 576.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 576.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 576.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 576.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 576.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 546.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 546.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 546.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 546.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 546.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 516.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 516.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 516.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 516.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 516.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 634.6 m 382.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 620.6 m 382.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 634.6 m 442.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 620.6 m 442.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 634.6 m 502.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 620.6 m 502.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 634.6 m 562.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 620.6 m 562.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 606.6 m 382.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 606.6 m 442.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 606.6 m 502.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 606.6 m 562.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 606.6 m 382.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 606.6 m 442.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 606.6 m 502.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 606.6 m 562.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 516.6 m 382.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 516.6 m 502.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 516.6 m 382.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 502.6 m 382.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 500.6 m 382.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 516.6 m 442.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 502.6 m 442.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 500.6 m 442.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 516.6 m 502.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 502.6 m 502.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 500.6 m 502.5 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 516.6 m 562.5 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 502.6 m 562.5 502.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 500.6 m 562.5 500.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.90 625.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 367.69 625.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.65 625.28 Td (December) Tj ET Q q 0 0 0 rg BT 504.87 625.28 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.70 611.28 Td (Fair) Tj ET Q q 0 0 0 rg BT 347.93 611.28 Td ( ) Tj ET Q q 0 0 0 rg BT 350.25 611.28 Td (V) Tj ET Q q 0 0 0 rg BT 356.93 611.28 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.45 611.28 Td (% of ) Tj ET Q q 0 0 0 rg BT 412.69 611.28 Td (T) Tj ET Q q 0 0 0 rg BT 418.81 611.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.70 611.28 Td (Fair) Tj ET Q q 0 0 0 rg BT 467.93 611.28 Td ( ) Tj ET Q q 0 0 0 rg BT 470.25 611.28 Td (V) Tj ET Q q 0 0 0 rg BT 476.93 611.28 Td (alue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.45 611.28 Td (% of ) Tj ET Q q 0 0 0 rg BT 532.60 611.28 Td (T) Tj ET Q q 0 0 0 rg BT 538.35 611.28 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 596.27 Td (AAA/Aaa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 596.27 Td (42,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 596.27 Td (28.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 596.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 596.27 Td (42,978) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 596.27 Td (27.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 596.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 581.27 Td (AA/Aa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 581.27 Td (53,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 581.27 Td (35.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 581.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 581.27 Td (58,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 581.27 Td (36.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 581.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.27 Td (A/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 566.27 Td (25,879) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 566.27 Td (17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 566.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 566.27 Td (27,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 566.27 Td (17.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 566.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 551.27 Td (BBB/Baa) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 551.27 Td (26,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 551.27 Td (17.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 551.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 551.27 Td (28,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 551.27 Td (18.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 551.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 536.27 Td (BB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 536.27 Td (412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 536.27 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 536.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 536.27 Td (875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 536.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 536.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 521.27 Td (B) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 521.27 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 521.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 521.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 521.27 Td (226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 521.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 521.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 506.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 506.27 Td (otal Fixed Income Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.00 506.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 506.27 Td (149,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 506.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 506.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.00 506.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 506.27 Td (157,984) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 506.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 506.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 485.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.18 485.10 Td (-than-temporary impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.85 468.10 Td (recognizes ) Tj ET Q q 0 0 0 rg BT 119.35 468.10 Td (losses ) Tj ET Q q 0 0 0 rg BT 145.99 468.10 Td (on ) Tj ET Q q 0 0 0 rg BT 158.73 468.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 199.24 468.10 Td (for ) Tj ET Q q 0 0 0 rg BT 213.64 468.10 Td (which ) Tj ET Q q 0 0 0 rg BT 240.83 468.10 Td (a ) Tj ET Q q 0 0 0 rg BT 248.01 468.10 Td (decline ) Tj ET Q q 0 0 0 rg BT 279.62 468.10 Td (in ) Tj ET Q q 0 0 0 rg BT 290.15 468.10 Td (market ) Tj ET Q q 0 0 0 rg BT 320.65 468.10 Td (value ) Tj ET Q q 0 0 0 rg BT 345.05 468.10 Td (was ) Tj ET Q q 0 0 0 rg BT 363.35 468.10 Td (deemed ) Tj ET Q q 0 0 0 rg BT 397.19 468.10 Td (to ) Tj ET Q q 0 0 0 rg BT 407.71 468.10 Td (be ) Tj ET Q q 0 0 0 rg BT 419.89 468.10 Td (other) Tj ET Q q 0 0 0 rg BT 440.24 468.10 Td (-than-temporary) Tj ET Q q 0 0 0 rg BT 504.56 468.10 Td (. ) Tj ET Q q 0 0 0 rg BT 509.80 468.10 Td (Management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (performs ) Tj ET Q q 0 0 0 rg BT 88.85 456.10 Td (a ) Tj ET Q q 0 0 0 rg BT 96.03 456.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 134.87 456.10 Td (analysis ) Tj ET Q q 0 0 0 rg BT 169.83 456.10 Td (of ) Tj ET Q q 0 0 0 rg BT 180.91 456.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.87 456.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 236.38 456.10 Td (holdings ) Tj ET Q q 0 0 0 rg BT 273.58 456.10 Td (to ) Tj ET Q q 0 0 0 rg BT 284.10 456.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 326.83 456.10 Td (if ) Tj ET Q q 0 0 0 rg BT 335.69 456.10 Td (declines ) Tj ET Q q 0 0 0 rg BT 371.20 456.10 Td (in ) Tj ET Q q 0 0 0 rg BT 381.72 456.10 Td (market ) Tj ET Q q 0 0 0 rg BT 412.23 456.10 Td (value ) Tj ET Q q 0 0 0 rg BT 436.63 456.10 Td (are ) Tj ET Q q 0 0 0 rg BT 451.59 456.10 Td (other) Tj ET Q q 0 0 0 rg BT 471.93 456.10 Td (-than-temporary) Tj ET Q q 0 0 0 rg BT 536.25 456.10 Td (. ) Tj ET Q q 0 0 0 rg BT 540.90 456.10 Td (Atlas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (did ) Tj ET Q q 0 0 0 rg BT 65.37 444.10 Td (not ) Tj ET Q q 0 0 0 rg BT 80.74 444.10 Td (recognize ) Tj ET Q q 0 0 0 rg BT 122.19 444.10 Td (any ) Tj ET Q q 0 0 0 rg BT 139.22 444.10 Td (char) Tj ET Q q 0 0 0 rg BT 156.25 444.10 Td (ges ) Tj ET Q q 0 0 0 rg BT 172.17 444.10 Td (for ) Tj ET Q q 0 0 0 rg BT 186.42 444.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 226.78 444.10 Td (impairments ) Tj ET Q q 0 0 0 rg BT 279.36 444.10 Td (that ) Tj ET Q q 0 0 0 rg BT 296.95 444.10 Td (were ) Tj ET Q q 0 0 0 rg BT 318.97 444.10 Td (considered ) Tj ET Q q 0 0 0 rg BT 364.88 444.10 Td (other) Tj ET Q q 0 0 0 rg BT 385.22 444.10 Td (-than-temporary ) Tj ET Q q 0 0 0 rg BT 452.79 444.10 Td (for ) Tj ET Q q 0 0 0 rg BT 467.04 444.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.85 444.10 Td (three ) Tj ET Q q 0 0 0 rg BT 504.42 444.10 Td (month ) Tj ET Q q 0 0 0 rg BT 532.57 444.10 Td (periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 76.38 432.10 Td (March ) Tj ET Q q 0 0 0 rg BT 104.98 432.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 119.98 432.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 142.48 432.10 Td (and ) Tj ET Q q 0 0 0 rg BT 159.41 432.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.41 432.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.49 415.10 Td (length ) Tj ET Q q 0 0 0 rg BT 94.42 415.10 Td (of ) Tj ET Q q 0 0 0 rg BT 104.69 415.10 Td (time ) Tj ET Q q 0 0 0 rg BT 124.41 415.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 164.11 415.10 Td (may ) Tj ET Q q 0 0 0 rg BT 183.27 415.10 Td (be ) Tj ET Q q 0 0 0 rg BT 194.65 415.10 Td (held ) Tj ET Q q 0 0 0 rg BT 213.81 415.10 Td (in ) Tj ET Q q 0 0 0 rg BT 223.53 415.10 Td (an ) Tj ET Q q 0 0 0 rg BT 234.91 415.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 278.49 415.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 295.99 415.10 Td (position ) Tj ET Q q 0 0 0 rg BT 330.16 415.10 Td (may ) Tj ET Q q 0 0 0 rg BT 349.32 415.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 369.03 415.10 Td (based ) Tj ET Q q 0 0 0 rg BT 393.74 415.10 Td (on ) Tj ET Q q 0 0 0 rg BT 405.68 415.10 Td (the ) Tj ET Q q 0 0 0 rg BT 419.83 415.10 Td (opinion ) Tj ET Q q 0 0 0 rg BT 452.33 415.10 Td (of ) Tj ET Q q 0 0 0 rg BT 462.60 415.10 Td (the ) Tj ET Q q 0 0 0 rg BT 476.76 415.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 518.13 415.10 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (manager ) Tj ET Q q 0 0 0 rg BT 86.64 403.10 Td (and ) Tj ET Q q 0 0 0 rg BT 103.30 403.10 Td (their ) Tj ET Q q 0 0 0 rg BT 123.85 403.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 166.60 403.10 Td (analyses ) Tj ET Q q 0 0 0 rg BT 202.70 403.10 Td (related ) Tj ET Q q 0 0 0 rg BT 232.12 403.10 Td (to ) Tj ET Q q 0 0 0 rg BT 242.12 403.10 Td (valuation ) Tj ET Q q 0 0 0 rg BT 281.55 403.10 Td (and ) Tj ET Q q 0 0 0 rg BT 298.21 403.10 Td (to ) Tj ET Q q 0 0 0 rg BT 308.21 403.10 Td (the ) Tj ET Q q 0 0 0 rg BT 322.65 403.10 Td (various ) Tj ET Q q 0 0 0 rg BT 354.31 403.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 379.29 403.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 400.41 403.10 Td (that ) Tj ET Q q 0 0 0 rg BT 417.62 403.10 Td (may ) Tj ET Q q 0 0 0 rg BT 437.06 403.10 Td (prevent ) Tj ET Q q 0 0 0 rg BT 469.27 403.10 Td (us ) Tj ET Q q 0 0 0 rg BT 480.38 403.10 Td (from ) Tj ET Q q 0 0 0 rg BT 502.04 403.10 Td (recapturing ) Tj ET Q q 0 0 0 rg BT 549.79 403.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (principal ) Tj ET Q q 0 0 0 rg BT 87.87 391.10 Td (investment. ) Tj ET Q q 0 0 0 rg BT 136.58 391.10 Td (In ) Tj ET Q q 0 0 0 rg BT 147.24 391.10 Td (cases ) Tj ET Q q 0 0 0 rg BT 170.67 391.10 Td (of ) Tj ET Q q 0 0 0 rg BT 181.32 391.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 221.42 391.10 Td (with ) Tj ET Q q 0 0 0 rg BT 241.52 391.10 Td (a ) Tj ET Q q 0 0 0 rg BT 248.29 391.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 284.50 391.10 Td (date ) Tj ET Q q 0 0 0 rg BT 303.48 391.10 Td (where ) Tj ET Q q 0 0 0 rg BT 330.24 391.10 Td (the ) Tj ET Q q 0 0 0 rg BT 344.78 391.10 Td (appointed ) Tj ET Q q 0 0 0 rg BT 386.54 391.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 432.75 391.10 Td (manager ) Tj ET Q q 0 0 0 rg BT 469.51 391.10 Td (determines ) Tj ET Q q 0 0 0 rg BT 515.71 391.10 Td (that ) Tj ET Q q 0 0 0 rg BT 533.03 391.10 Td (there ) Tj ET Q q 0 0 0 rg BT 555.34 391.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (little ) Tj ET Q q 0 0 0 rg BT 71.02 379.10 Td (or ) Tj ET Q q 0 0 0 rg BT 82.05 379.10 Td (no ) Tj ET Q q 0 0 0 rg BT 94.74 379.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 112.44 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 123.46 379.10 Td (default ) Tj ET Q q 0 0 0 rg BT 153.92 379.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 176.05 379.10 Td (to ) Tj ET Q q 0 0 0 rg BT 186.53 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 201.44 379.10 Td (maturity ) Tj ET Q q 0 0 0 rg BT 238.01 379.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.04 379.10 Td (a ) Tj ET Q q 0 0 0 rg BT 256.17 379.10 Td (holding, ) Tj ET Q q 0 0 0 rg BT 291.33 379.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 315.13 379.10 Td (would ) Tj ET Q q 0 0 0 rg BT 342.82 379.10 Td (elect ) Tj ET Q q 0 0 0 rg BT 364.39 379.10 Td (to ) Tj ET Q q 0 0 0 rg BT 374.86 379.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 395.33 379.10 Td (the ) Tj ET Q q 0 0 0 rg BT 410.25 379.10 Td (security ) Tj ET Q q 0 0 0 rg BT 444.60 379.10 Td (in ) Tj ET Q q 0 0 0 rg BT 455.07 379.10 Td (an ) Tj ET Q q 0 0 0 rg BT 467.20 379.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 511.54 379.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 529.79 379.10 Td (position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (until ) Tj ET Q q 0 0 0 rg BT 71.75 367.10 Td (the ) Tj ET Q q 0 0 0 rg BT 87.38 367.10 Td (price ) Tj ET Q q 0 0 0 rg BT 110.78 367.10 Td (recovers ) Tj ET Q q 0 0 0 rg BT 148.06 367.10 Td (or ) Tj ET Q q 0 0 0 rg BT 159.80 367.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.43 367.10 Td (security ) Tj ET Q q 0 0 0 rg BT 210.50 367.10 Td (matures. ) Tj ET Q q 0 0 0 rg BT 248.07 367.10 Td (In ) Tj ET Q q 0 0 0 rg BT 259.81 367.10 Td (situations ) Tj ET Q q 0 0 0 rg BT 301.56 367.10 Td (where ) Tj ET Q q 0 0 0 rg BT 329.40 367.10 Td (facts ) Tj ET Q q 0 0 0 rg BT 351.69 367.10 Td (emer) Tj ET Q q 0 0 0 rg BT 371.49 367.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 384.35 367.10 Td (that ) Tj ET Q q 0 0 0 rg BT 402.75 367.10 Td (might ) Tj ET Q q 0 0 0 rg BT 429.50 367.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 465.67 367.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.30 367.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 499.71 367.10 Td (associated ) Tj ET Q q 0 0 0 rg BT 544.22 367.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (recapture ) Tj ET Q q 0 0 0 rg BT 89.69 355.10 Td (of ) Tj ET Q q 0 0 0 rg BT 100.52 355.10 Td (principal, ) Tj ET Q q 0 0 0 rg BT 140.51 355.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 164.12 355.10 Td (may ) Tj ET Q q 0 0 0 rg BT 183.84 355.10 Td (elect ) Tj ET Q q 0 0 0 rg BT 205.21 355.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.49 355.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 231.88 355.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 272.14 355.10 Td (at ) Tj ET Q q 0 0 0 rg BT 281.86 355.10 Td (a ) Tj ET Q q 0 0 0 rg BT 288.79 355.10 Td (loss. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.11 338.10 Td (total ) Tj ET Q q 0 0 0 rg BT 88.44 338.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 104.88 338.10 Td (value ) Tj ET Q q 0 0 0 rg BT 129.10 338.10 Td (of ) Tj ET Q q 0 0 0 rg BT 139.99 338.10 Td (the ) Tj ET Q q 0 0 0 rg BT 154.77 338.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 195.09 338.10 Td (in ) Tj ET Q q 0 0 0 rg BT 205.43 338.10 Td (an ) Tj ET Q q 0 0 0 rg BT 217.43 338.10 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 261.63 338.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 279.75 338.10 Td (position ) Tj ET Q q 0 0 0 rg BT 314.54 338.10 Td (as ) Tj ET Q q 0 0 0 rg BT 325.43 338.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.32 338.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 379.98 338.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.98 338.10 Td ( ) Tj ET Q q 0 0 0 rg BT 402.54 338.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.66 338.10 Td ($130.6 ) Tj ET Q q 0 0 0 rg BT 450.72 338.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.61 338.10 Td ( ) Tj ET Q q 0 0 0 rg BT 482.17 338.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 524.16 338.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.49 338.10 Td ($108.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 81.66 326.10 Td (as ) Tj ET Q q 0 0 0 rg BT 92.76 326.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.86 326.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 162.72 326.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.72 326.10 Td (. ) Tj ET Q q 0 0 0 rg BT 187.99 326.10 Td ( ) Tj ET Q q 0 0 0 rg BT 190.56 326.10 Td (This ) Tj ET Q q 0 0 0 rg BT 211.11 326.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 246.64 326.10 Td (was ) Tj ET Q q 0 0 0 rg BT 264.96 326.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 304.94 326.10 Td (driven ) Tj ET Q q 0 0 0 rg BT 333.26 326.10 Td (by ) Tj ET Q q 0 0 0 rg BT 346.03 326.10 Td (the ) Tj ET Q q 0 0 0 rg BT 361.02 326.10 Td (negative ) Tj ET Q q 0 0 0 rg BT 397.66 326.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 432.64 326.10 Td (in ) Tj ET Q q 0 0 0 rg BT 443.19 326.10 Td (market ) Tj ET Q q 0 0 0 rg BT 473.72 326.10 Td (values ) Tj ET Q q 0 0 0 rg BT 502.04 326.10 Td (during ) Tj ET Q q 0 0 0 rg BT 530.92 326.10 Td (the ) Tj ET Q q 0 0 0 rg BT 545.91 326.10 Td (first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (three ) Tj ET Q q 0 0 0 rg BT 72.65 314.10 Td (months ) Tj ET Q q 0 0 0 rg BT 104.77 314.10 Td (of ) Tj ET Q q 0 0 0 rg BT 115.77 314.10 Td (2018. ) Tj ET Q q 0 0 0 rg BT 140.35 314.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 164.13 314.10 Td (has ) Tj ET Q q 0 0 0 rg BT 180.12 314.10 Td (the ) Tj ET Q q 0 0 0 rg BT 195.01 314.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 223.23 314.10 Td (and ) Tj ET Q q 0 0 0 rg BT 240.34 314.10 Td (intent ) Tj ET Q q 0 0 0 rg BT 265.78 314.10 Td (to ) Tj ET Q q 0 0 0 rg BT 276.23 314.10 Td (hold ) Tj ET Q q 0 0 0 rg BT 296.67 314.10 Td (these ) Tj ET Q q 0 0 0 rg BT 319.89 314.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 360.32 314.10 Td (until ) Tj ET Q q 0 0 0 rg BT 381.32 314.10 Td (their ) Tj ET Q q 0 0 0 rg BT 402.32 314.10 Td (fair ) Tj ET Q q 0 0 0 rg BT 418.86 314.10 Td (value ) Tj ET Q q 0 0 0 rg BT 443.19 314.10 Td (is ) Tj ET Q q 0 0 0 rg BT 452.52 314.10 Td (recovered. ) Tj ET Q q 0 0 0 rg BT 496.91 314.10 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 540.91 314.10 Td (Atlas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.10 Td (does ) Tj ET Q q 0 0 0 rg BT 70.83 302.10 Td (not ) Tj ET Q q 0 0 0 rg BT 86.11 302.10 Td (expect ) Tj ET Q q 0 0 0 rg BT 114.70 302.10 Td (the ) Tj ET Q q 0 0 0 rg BT 129.42 302.10 Td (market ) Tj ET Q q 0 0 0 rg BT 159.68 302.10 Td (value ) Tj ET Q q 0 0 0 rg BT 183.84 302.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 201.90 302.10 Td (position ) Tj ET Q q 0 0 0 rg BT 236.63 302.10 Td (of ) Tj ET Q q 0 0 0 rg BT 247.46 302.10 Td (these ) Tj ET Q q 0 0 0 rg BT 270.50 302.10 Td (investments ) Tj ET Q q 0 0 0 rg BT 320.78 302.10 Td (to ) Tj ET Q q 0 0 0 rg BT 331.05 302.10 Td (be ) Tj ET Q q 0 0 0 rg BT 342.99 302.10 Td (realized ) Tj ET Q q 0 0 0 rg BT 377.13 302.10 Td (in ) Tj ET Q q 0 0 0 rg BT 387.41 302.10 Td (the ) Tj ET Q q 0 0 0 rg BT 402.13 302.10 Td (near ) Tj ET Q q 0 0 0 rg BT 421.84 302.10 Td (term.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 285.10 Td (Due ) Tj ET Q q 0 0 0 rg BT 69.72 285.10 Td (fr) Tj ET Q q 0 0 0 rg BT 77.31 285.10 Td (om ) Tj ET Q q 0 0 0 rg BT 93.14 285.10 Td (Reinsur) Tj ET Q q 0 0 0 rg BT 126.85 285.10 Td (ers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.65 268.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 115.63 268.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 164.26 268.10 Td (from ) Tj ET Q q 0 0 0 rg BT 186.25 268.10 Td (third ) Tj ET Q q 0 0 0 rg BT 207.68 268.10 Td (parties ) Tj ET Q q 0 0 0 rg BT 236.88 268.10 Td (in ) Tj ET Q q 0 0 0 rg BT 247.20 268.10 Td (order ) Tj ET Q q 0 0 0 rg BT 270.85 268.10 Td (to ) Tj ET Q q 0 0 0 rg BT 281.17 268.10 Td (reduce ) Tj ET Q q 0 0 0 rg BT 310.37 268.10 Td (its ) Tj ET Q q 0 0 0 rg BT 322.36 268.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 356.02 268.10 Td (on ) Tj ET Q q 0 0 0 rg BT 368.56 268.10 Td (individual ) Tj ET Q q 0 0 0 rg BT 411.66 268.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 433.10 268.10 Td (and ) Tj ET Q q 0 0 0 rg BT 450.08 268.10 Td (its ) Tj ET Q q 0 0 0 rg BT 462.08 268.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 500.72 268.10 Td (to ) Tj ET Q q 0 0 0 rg BT 511.05 268.10 Td (lar) Tj ET Q q 0 0 0 rg BT 521.41 268.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 533.40 268.10 Td (claims. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 102.51 256.10 Td (is ) Tj ET Q q 0 0 0 rg BT 112.26 256.10 Td (coverage ) Tj ET Q q 0 0 0 rg BT 151.43 256.10 Td (purchased ) Tj ET Q q 0 0 0 rg BT 195.05 256.10 Td (by ) Tj ET Q q 0 0 0 rg BT 208.13 256.10 Td (one ) Tj ET Q q 0 0 0 rg BT 225.65 256.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 267.05 256.10 Td (company ) Tj ET Q q 0 0 0 rg BT 306.79 256.10 Td (from ) Tj ET Q q 0 0 0 rg BT 329.31 256.10 Td (another ) Tj ET Q q 0 0 0 rg BT 362.38 256.10 Td (for ) Tj ET Q q 0 0 0 rg BT 377.13 256.10 Td (part ) Tj ET Q q 0 0 0 rg BT 395.76 256.10 Td (of ) Tj ET Q q 0 0 0 rg BT 407.17 256.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.47 256.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 440.55 256.10 Td (originally ) Tj ET Q q 0 0 0 rg BT 482.52 256.10 Td (underwritten ) Tj ET Q q 0 0 0 rg BT 536.70 256.10 Td (by ) Tj ET Q q 0 0 0 rg BT 549.78 256.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (purchasing ) Tj ET Q q 0 0 0 rg BT 96.73 244.10 Td (\(ceding\) ) Tj ET Q q 0 0 0 rg BT 132.89 244.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 174.05 244.10 Td (company) Tj ET Q q 0 0 0 rg BT 210.06 244.10 Td (. ) Tj ET Q q 0 0 0 rg BT 215.20 244.10 Td (The ) Tj ET Q q 0 0 0 rg BT 233.60 244.10 Td (practice ) Tj ET Q q 0 0 0 rg BT 268.08 244.10 Td (of ) Tj ET Q q 0 0 0 rg BT 279.26 244.10 Td (ceding ) Tj ET Q q 0 0 0 rg BT 308.77 244.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 349.93 244.10 Td (to ) Tj ET Q q 0 0 0 rg BT 360.56 244.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 402.83 244.10 Td (allows ) Tj ET Q q 0 0 0 rg BT 431.79 244.10 Td (an ) Tj ET Q q 0 0 0 rg BT 444.08 244.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 485.24 244.10 Td (company ) Tj ET Q q 0 0 0 rg BT 524.74 244.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.37 244.10 Td (reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.53 232.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 99.70 232.10 Td (to ) Tj ET Q q 0 0 0 rg BT 109.56 232.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 137.74 232.10 Td (by ) Tj ET Q q 0 0 0 rg BT 149.82 232.10 Td (size, ) Tj ET Q q 0 0 0 rg BT 169.94 232.10 Td (geographic ) Tj ET Q q 0 0 0 rg BT 216.44 232.10 Td (area, ) Tj ET Q q 0 0 0 rg BT 237.67 232.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.18 232.10 Td (type ) Tj ET Q q 0 0 0 rg BT 273.48 232.10 Td (of ) Tj ET Q q 0 0 0 rg BT 283.88 232.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 300.96 232.10 Td (or ) Tj ET Q q 0 0 0 rg BT 311.37 232.10 Td (on ) Tj ET Q q 0 0 0 rg BT 323.45 232.10 Td (a ) Tj ET Q q 0 0 0 rg BT 329.96 232.10 Td (particular ) Tj ET Q q 0 0 0 rg BT 370.35 232.10 Td (policy) Tj ET Q q 0 0 0 rg BT 394.70 232.10 Td (. ) Tj ET Q q 0 0 0 rg BT 398.82 232.10 Td (An ) Tj ET Q q 0 0 0 rg BT 413.12 232.10 Td (ef) Tj ET Q q 0 0 0 rg BT 420.70 232.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 437.77 232.10 Td (of ) Tj ET Q q 0 0 0 rg BT 448.17 232.10 Td (ceding ) Tj ET Q q 0 0 0 rg BT 476.91 232.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 517.30 232.10 Td (is ) Tj ET Q q 0 0 0 rg BT 526.05 232.10 Td (to ) Tj ET Q q 0 0 0 rg BT 535.90 232.10 Td (permit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (an ) Tj ET Q q 0 0 0 rg BT 61.25 220.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 101.38 220.10 Td (company ) Tj ET Q q 0 0 0 rg BT 139.84 220.10 Td (to ) Tj ET Q q 0 0 0 rg BT 149.43 220.10 Td (write ) Tj ET Q q 0 0 0 rg BT 171.79 220.10 Td (additional ) Tj ET Q q 0 0 0 rg BT 213.59 220.10 Td (insurance ) Tj ET Q q 0 0 0 rg BT 253.72 220.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.19 220.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 287.90 220.10 Td (in ) Tj ET Q q 0 0 0 rg BT 297.49 220.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 327.05 220.10 Td (numbers ) Tj ET Q q 0 0 0 rg BT 363.30 220.10 Td (or ) Tj ET Q q 0 0 0 rg BT 373.44 220.10 Td (in ) Tj ET Q q 0 0 0 rg BT 383.03 220.10 Td (lar) Tj ET Q q 0 0 0 rg BT 393.40 220.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 407.98 220.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 443.68 220.10 Td (than ) Tj ET Q q 0 0 0 rg BT 462.71 220.10 Td (it ) Tj ET Q q 0 0 0 rg BT 470.07 220.10 Td (would ) Tj ET Q q 0 0 0 rg BT 496.88 220.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 537.57 220.10 Td (insure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (independently) Tj ET Q q 0 0 0 rg BT 106.00 208.10 Td (, ) Tj ET Q q 0 0 0 rg BT 111.00 208.10 Td (based ) Tj ET Q q 0 0 0 rg BT 136.27 208.10 Td (on ) Tj ET Q q 0 0 0 rg BT 148.77 208.10 Td (its ) Tj ET Q q 0 0 0 rg BT 160.72 208.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 198.21 208.10 Td (capital, ) Tj ET Q q 0 0 0 rg BT 229.86 208.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 247.36 208.10 Td (tolerance ) Tj ET Q q 0 0 0 rg BT 286.50 208.10 Td (and ) Tj ET Q q 0 0 0 rg BT 303.44 208.10 Td (other ) Tj ET Q q 0 0 0 rg BT 326.49 208.10 Td (factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.92 191.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 113.94 191.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 156.18 191.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 205.08 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 215.68 191.10 Td (limit ) Tj ET Q q 0 0 0 rg BT 237.38 191.10 Td (net ) Tj ET Q q 0 0 0 rg BT 252.41 191.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 291.33 191.10 Td (to ) Tj ET Q q 0 0 0 rg BT 301.92 191.10 Td (a ) Tj ET Q q 0 0 0 rg BT 309.17 191.10 Td (maximum ) Tj ET Q q 0 0 0 rg BT 352.54 191.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 385.35 191.10 Td (on ) Tj ET Q q 0 0 0 rg BT 398.17 191.10 Td (any ) Tj ET Q q 0 0 0 rg BT 415.42 191.10 Td (one ) Tj ET Q q 0 0 0 rg BT 432.67 191.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 451.05 191.10 Td (of ) Tj ET Q q 0 0 0 rg BT 462.19 191.10 Td ($500,000 ) Tj ET Q q 0 0 0 rg BT 502.51 191.10 Td (with ) Tj ET Q q 0 0 0 rg BT 523.10 191.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 554.23 191.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 99.63 179.10 Td (automobile ) Tj ET Q q 0 0 0 rg BT 147.05 179.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 180.60 179.10 Td (claims. ) Tj ET Q q 0 0 0 rg BT 211.63 179.10 Td ( ) Tj ET Q q 0 0 0 rg BT 213.53 179.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 237.07 179.10 Td (also ) Tj ET Q q 0 0 0 rg BT 255.61 179.10 Td (purchases ) Tj ET Q q 0 0 0 rg BT 297.47 179.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 345.99 179.10 Td (to ) Tj ET Q q 0 0 0 rg BT 356.20 179.10 Td (protect ) Tj ET Q q 0 0 0 rg BT 386.40 179.10 Td (against ) Tj ET Q q 0 0 0 rg BT 417.16 179.10 Td (awards ) Tj ET Q q 0 0 0 rg BT 447.91 179.10 Td (in ) Tj ET Q q 0 0 0 rg BT 458.12 179.10 Td (excess ) Tj ET Q q 0 0 0 rg BT 486.65 179.10 Td (of ) Tj ET Q q 0 0 0 rg BT 497.42 179.10 Td (its ) Tj ET Q q 0 0 0 rg BT 509.30 179.10 Td (policy ) Tj ET Q q 0 0 0 rg BT 536.73 179.10 Td (limits. ) Tj ET Q q 0 0 0 rg BT 564.51 179.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.71 167.10 Td (continually ) Tj ET Q q 0 0 0 rg BT 121.31 167.10 Td (evaluates ) Tj ET Q q 0 0 0 rg BT 161.12 167.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.17 167.10 Td (adjusts ) Tj ET Q q 0 0 0 rg BT 208.55 167.10 Td (its ) Tj ET Q q 0 0 0 rg BT 220.60 167.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 269.29 167.10 Td (needs ) Tj ET Q q 0 0 0 rg BT 294.67 167.10 Td (based ) Tj ET Q q 0 0 0 rg BT 320.04 167.10 Td (on ) Tj ET Q q 0 0 0 rg BT 332.65 167.10 Td (business ) Tj ET Q q 0 0 0 rg BT 369.15 167.10 Td (volume, ) Tj ET Q q 0 0 0 rg BT 404.25 167.10 Td (mix, ) Tj ET Q q 0 0 0 rg BT 424.91 167.10 Td (and ) Tj ET Q q 0 0 0 rg BT 441.96 167.10 Td (supply ) Tj ET Q q 0 0 0 rg BT 471.24 167.10 Td (levels. ) Tj ET Q q 0 0 0 rg BT 499.67 167.10 Td ( ) Tj ET Q q 0 0 0 rg BT 501.70 167.10 Td (As ) Tj ET Q q 0 0 0 rg BT 515.42 167.10 Td (a ) Tj ET Q q 0 0 0 rg BT 522.46 167.10 Td (result, ) Tj ET Q q 0 0 0 rg BT 549.79 167.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 91.53 155.10 Td (has ) Tj ET Q q 0 0 0 rg BT 107.50 155.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 139.56 155.10 Td (into ) Tj ET Q q 0 0 0 rg BT 157.75 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 172.61 155.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 199.69 155.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 225.10 155.10 Td (with ) Tj ET Q q 0 0 0 rg BT 245.51 155.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 271.50 155.10 Td (Re ) Tj ET Q q 0 0 0 rg BT 285.24 155.10 Td (for ) Tj ET Q q 0 0 0 rg BT 298.96 155.10 Td (ASI ) Tj ET Q q 0 0 0 rg BT 317.71 155.10 Td (Pool ) Tj ET Q q 0 0 0 rg BT 338.69 155.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 390.22 155.10 Td (and ) Tj ET Q q 0 0 0 rg BT 407.30 155.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.15 155.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 452.01 155.10 Td (Quota ) Tj ET Q q 0 0 0 rg BT 479.09 155.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 504.49 155.10 Td (with ) Tj ET Q q 0 0 0 rg BT 524.91 155.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 550.89 155.10 Td (Re ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.10 Td (for ) Tj ET Q q 0 0 0 rg BT 64.77 143.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 95.09 143.10 Td (Liberty) Tj ET Q q 0 0 0 rg BT 123.88 143.10 Td (. ) Tj ET Q q 0 0 0 rg BT 129.48 143.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 157.58 143.10 Td (these ) Tj ET Q q 0 0 0 rg BT 181.24 143.10 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 222.94 143.10 Td (cessions ) Tj ET Q q 0 0 0 rg BT 259.38 143.10 Td (can ) Tj ET Q q 0 0 0 rg BT 276.36 143.10 Td (be ) Tj ET Q q 0 0 0 rg BT 288.91 143.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 329.77 143.10 Td (at ) Tj ET Q q 0 0 0 rg BT 340.10 143.10 Td (our ) Tj ET Q q 0 0 0 rg BT 356.53 143.10 Td (election ) Tj ET Q q 0 0 0 rg BT 391.29 143.10 Td (should ) Tj ET Q q 0 0 0 rg BT 421.07 143.10 Td (we ) Tj ET Q q 0 0 0 rg BT 435.84 143.10 Td (want ) Tj ET Q q 0 0 0 rg BT 458.38 143.10 Td (to ) Tj ET Q q 0 0 0 rg BT 469.27 143.10 Td (utilize ) Tj ET Q q 0 0 0 rg BT 497.37 143.10 Td (it ) Tj ET Q q 0 0 0 rg BT 506.03 143.10 Td (as ) Tj ET Q q 0 0 0 rg BT 517.47 143.10 Td (a ) Tj ET Q q 0 0 0 rg BT 525.02 143.10 Td (means ) Tj ET Q q 0 0 0 rg BT 553.67 143.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.10 Td (deleveraging. ) Tj ET Q q 0 0 0 rg BT 106.62 131.10 Td ( ) Tj ET Q q 0 0 0 rg BT 108.92 131.10 Td (This ) Tj ET Q q 0 0 0 rg BT 129.17 131.10 Td (gives ) Tj ET Q q 0 0 0 rg BT 152.76 131.10 Td (us ) Tj ET Q q 0 0 0 rg BT 164.13 131.10 Td (flexibility ) Tj ET Q q 0 0 0 rg BT 206.05 131.10 Td (in ) Tj ET Q q 0 0 0 rg BT 216.30 131.10 Td (terms ) Tj ET Q q 0 0 0 rg BT 241.00 131.10 Td (of ) Tj ET Q q 0 0 0 rg BT 251.81 131.10 Td (the ) Tj ET Q q 0 0 0 rg BT 266.50 131.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 295.09 131.10 Td (and ) Tj ET Q q 0 0 0 rg BT 312.01 131.10 Td (approach ) Tj ET Q q 0 0 0 rg BT 351.13 131.10 Td (to ) Tj ET Q q 0 0 0 rg BT 361.39 131.10 Td (potential ) Tj ET Q q 0 0 0 rg BT 398.86 131.10 Td (future ) Tj ET Q q 0 0 0 rg BT 425.21 131.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 454.34 131.10 Td (raising ) Tj ET Q q 0 0 0 rg BT 484.03 131.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 522.61 131.10 Td (in ) Tj ET Q q 0 0 0 rg BT 532.87 131.10 Td (light ) Tj ET Q q 0 0 0 rg BT 553.68 131.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.10 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 96.37 119.10 Td (increased ) Tj ET Q q 0 0 0 rg BT 136.62 119.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 176.88 119.10 Td (leverage.) Tj ET Q endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 102.20 742.10 Td (ceded ) Tj ET Q q 0 0 0 rg BT 128.29 742.10 Td (does ) Tj ET Q q 0 0 0 rg BT 149.40 742.10 Td (not ) Tj ET Q q 0 0 0 rg BT 164.96 742.10 Td (relieve ) Tj ET Q q 0 0 0 rg BT 194.32 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 218.21 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.32 742.10 Td (its ) Tj ET Q q 0 0 0 rg BT 241.54 742.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 277.09 742.10 Td (liability ) Tj ET Q q 0 0 0 rg BT 310.97 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 321.53 742.10 Td (its ) Tj ET Q q 0 0 0 rg BT 333.75 742.10 Td (insureds ) Tj ET Q q 0 0 0 rg BT 369.86 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 380.42 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 395.41 742.10 Td (event ) Tj ET Q q 0 0 0 rg BT 419.84 742.10 Td (that ) Tj ET Q q 0 0 0 rg BT 437.62 742.10 Td (any ) Tj ET Q q 0 0 0 rg BT 454.83 742.10 Td (reinsurer ) Tj ET Q q 0 0 0 rg BT 493.15 742.10 Td (is ) Tj ET Q q 0 0 0 rg BT 502.59 742.10 Td (unable ) Tj ET Q q 0 0 0 rg BT 532.03 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 542.58 742.10 Td (meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (their ) Tj ET Q q 0 0 0 rg BT 71.83 730.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 119.79 730.10 Td (under ) Tj ET Q q 0 0 0 rg BT 146.07 730.10 Td (its ) Tj ET Q q 0 0 0 rg BT 159.02 730.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 208.62 730.10 Td (contracts. ) Tj ET Q q 0 0 0 rg BT 250.47 730.10 Td (Therefore, ) Tj ET Q q 0 0 0 rg BT 295.12 730.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 319.73 730.10 Td (enters ) Tj ET Q q 0 0 0 rg BT 347.12 730.10 Td (into ) Tj ET Q q 0 0 0 rg BT 366.19 730.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 415.78 730.10 Td (contracts ) Tj ET Q q 0 0 0 rg BT 455.39 730.10 Td (with ) Tj ET Q q 0 0 0 rg BT 476.67 730.10 Td (only ) Tj ET Q q 0 0 0 rg BT 497.96 730.10 Td (those ) Tj ET Q q 0 0 0 rg BT 522.58 730.10 Td (reinsurers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (deemed ) Tj ET Q q 0 0 0 rg BT 84.39 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 95.46 718.10 Td (have ) Tj ET Q q 0 0 0 rg BT 117.63 718.10 Td (suf) Tj ET Q q 0 0 0 rg BT 129.67 718.10 Td (ficient ) Tj ET Q q 0 0 0 rg BT 158.50 718.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 196.77 718.10 Td (resources ) Tj ET Q q 0 0 0 rg BT 237.83 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 248.90 718.10 Td (provide ) Tj ET Q q 0 0 0 rg BT 282.74 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.25 718.10 Td (requested ) Tj ET Q q 0 0 0 rg BT 339.85 718.10 Td (coverage. ) Tj ET Q q 0 0 0 rg BT 381.73 718.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 434.45 718.10 Td (treaties ) Tj ET Q q 0 0 0 rg BT 466.61 718.10 Td (are ) Tj ET Q q 0 0 0 rg BT 482.11 718.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 522.60 718.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 554.22 718.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (cancellation ) Tj ET Q q 0 0 0 rg BT 100.63 706.10 Td (by ) Tj ET Q q 0 0 0 rg BT 112.96 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.51 706.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 169.27 706.10 Td (or ) Tj ET Q q 0 0 0 rg BT 179.41 706.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 202.85 706.10 Td (on ) Tj ET Q q 0 0 0 rg BT 215.18 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.73 706.10 Td (anniversary ) Tj ET Q q 0 0 0 rg BT 278.70 706.10 Td (date ) Tj ET Q q 0 0 0 rg BT 297.68 706.10 Td (and ) Tj ET Q q 0 0 0 rg BT 314.45 706.10 Td (are ) Tj ET Q q 0 0 0 rg BT 328.99 706.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 359.64 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 369.75 706.10 Td (renegotiation ) Tj ET Q q 0 0 0 rg BT 424.84 706.10 Td (annually) Tj ET Q q 0 0 0 rg BT 458.62 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 462.94 706.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 486.37 706.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 524.80 706.10 Td (evaluates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.11 694.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 100.99 694.10 Td (condition ) Tj ET Q q 0 0 0 rg BT 140.66 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 150.88 694.10 Td (its ) Tj ET Q q 0 0 0 rg BT 162.23 694.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 203.55 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 219.89 694.10 Td (monitors ) Tj ET Q q 0 0 0 rg BT 257.34 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.45 694.10 Td (concentrations ) Tj ET Q q 0 0 0 rg BT 331.66 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 341.89 694.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 366.55 694.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 383.44 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 393.12 694.10 Td (minimize ) Tj ET Q q 0 0 0 rg BT 432.78 694.10 Td (its ) Tj ET Q q 0 0 0 rg BT 444.13 694.10 Td (exposure ) Tj ET Q q 0 0 0 rg BT 482.12 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 491.79 694.10 Td (significant ) Tj ET Q q 0 0 0 rg BT 535.90 694.10 Td (claims ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (as ) Tj ET Q q 0 0 0 rg BT 62.22 682.10 Td (a ) Tj ET Q q 0 0 0 rg BT 70.55 682.10 Td (result ) Tj ET Q q 0 0 0 rg BT 96.65 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 108.87 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.98 682.10 Td (insolvency ) Tj ET Q q 0 0 0 rg BT 172.19 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 184.41 682.10 Td (a ) Tj ET Q q 0 0 0 rg BT 192.74 682.10 Td (reinsurer) Tj ET Q q 0 0 0 rg BT 227.72 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 233.25 682.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 258.25 682.10 Td (believes ) Tj ET Q q 0 0 0 rg BT 294.90 682.10 Td (that ) Tj ET Q q 0 0 0 rg BT 313.78 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 329.89 682.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 367.67 682.10 Td (it ) Tj ET Q q 0 0 0 rg BT 377.11 682.10 Td (has ) Tj ET Q q 0 0 0 rg BT 394.33 682.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 433.19 682.10 Td (as ) Tj ET Q q 0 0 0 rg BT 445.41 682.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 495.38 682.10 Td (recoverables ) Tj ET Q q 0 0 0 rg BT 549.80 682.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (appropriately ) Tj ET Q q 0 0 0 rg BT 106.03 670.10 Td (established. ) Tj ET Q q 0 0 0 rg BT 155.69 670.10 Td (Estimating ) Tj ET Q q 0 0 0 rg BT 201.75 670.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 238.36 670.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.41 670.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 298.22 670.10 Td (recoverables, ) Tj ET Q q 0 0 0 rg BT 353.96 670.10 Td (however) Tj ET Q q 0 0 0 rg BT 387.99 670.10 Td (, ) Tj ET Q q 0 0 0 rg BT 393.21 670.10 Td (is ) Tj ET Q q 0 0 0 rg BT 402.61 670.10 Td (subject ) Tj ET Q q 0 0 0 rg BT 433.66 670.10 Td (to ) Tj ET Q q 0 0 0 rg BT 444.16 670.10 Td (various ) Tj ET Q q 0 0 0 rg BT 476.32 670.10 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 532.63 670.10 Td (and ) Tj ET Q q 0 0 0 rg BT 549.80 670.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 86.07 658.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 128.80 658.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 177.61 658.10 Td (may ) Tj ET Q q 0 0 0 rg BT 197.01 658.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 216.96 658.10 Td (from ) Tj ET Q q 0 0 0 rg BT 238.58 658.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 274.65 658.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 312.93 658.10 Td (recorded. ) Tj ET Q q 0 0 0 rg BT 352.59 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 354.29 658.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 377.58 658.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.20 658.10 Td ($62.0 ) Tj ET Q q 0 0 0 rg BT 418.88 658.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.77 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 449.96 658.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 498.77 658.10 Td (from ) Tj ET Q q 0 0 0 rg BT 520.39 658.10 Td (third ) Tj ET Q q 0 0 0 rg BT 541.46 658.10 Td (party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 92.80 646.10 Td (\(exclusive ) Tj ET Q q 0 0 0 rg BT 137.27 646.10 Td (of ) Tj ET Q q 0 0 0 rg BT 148.97 646.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 186.23 646.10 Td (prepaid\) ) Tj ET Q q 0 0 0 rg BT 222.92 646.10 Td (as ) Tj ET Q q 0 0 0 rg BT 234.62 646.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.33 646.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 290.80 646.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.80 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 314.17 646.10 Td (as ) Tj ET Q q 0 0 0 rg BT 325.87 646.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 368.67 646.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.82 646.10 Td ($61.4 ) Tj ET Q q 0 0 0 rg BT 405.70 646.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.59 646.10 Td ( ) Tj ET Q q 0 0 0 rg BT 437.96 646.10 Td (as ) Tj ET Q q 0 0 0 rg BT 449.66 646.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.37 646.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 520.82 646.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.82 646.10 Td (. ) Tj ET Q q 0 0 0 rg BT 546.45 646.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 84.42 634.10 Td (in ) Tj ET Q q 0 0 0 rg BT 93.87 634.10 Td (the ) Tj ET Q q 0 0 0 rg BT 107.75 634.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 139.41 634.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 187.71 634.10 Td (from ) Tj ET Q q 0 0 0 rg BT 208.82 634.10 Td (third ) Tj ET Q q 0 0 0 rg BT 229.37 634.10 Td (party ) Tj ET Q q 0 0 0 rg BT 251.59 634.10 Td (reinsurers ) Tj ET Q q 0 0 0 rg BT 292.68 634.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 326.01 634.10 Td (from ) Tj ET Q q 0 0 0 rg BT 347.11 634.10 Td (a ) Tj ET Q q 0 0 0 rg BT 353.22 634.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 389.30 634.10 Td (in ) Tj ET Q q 0 0 0 rg BT 398.75 634.10 Td (ceded ) Tj ET Q q 0 0 0 rg BT 423.73 634.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 458.71 634.10 Td (but ) Tj ET Q q 0 0 0 rg BT 473.16 634.10 Td (not ) Tj ET Q q 0 0 0 rg BT 487.60 634.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 522.59 634.10 Td (\(IBNR\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 85.26 622.10 Td (and ) Tj ET Q q 0 0 0 rg BT 102.20 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 116.91 622.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 145.53 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 156.36 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 171.07 622.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 213.00 622.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.83 622.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 260.22 622.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 309.35 622.10 Td (on ) Tj ET Q q 0 0 0 rg BT 321.85 622.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 341.57 622.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 370.17 622.10 Td (of) Tj ET Q q 0 0 0 rg BT 378.32 622.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 395.26 622.10 Td (by ) Tj ET Q q 0 0 0 rg BT 407.76 622.10 Td (the ) Tj ET Q q 0 0 0 rg BT 422.48 622.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 457.73 622.10 Td (in ) Tj ET Q q 0 0 0 rg BT 468.01 622.10 Td (ceded ) Tj ET Q q 0 0 0 rg BT 493.82 622.10 Td (case ) Tj ET Q q 0 0 0 rg BT 513.53 622.10 Td (reserves.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (Estimating ) Tj ET Q q 0 0 0 rg BT 95.65 605.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 131.86 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 142.51 605.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 190.91 605.10 Td (recoverables ) Tj ET Q q 0 0 0 rg BT 243.76 605.10 Td (is ) Tj ET Q q 0 0 0 rg BT 252.75 605.10 Td (also ) Tj ET Q q 0 0 0 rg BT 271.18 605.10 Td (impacted ) Tj ET Q q 0 0 0 rg BT 310.15 605.10 Td (by ) Tj ET Q q 0 0 0 rg BT 322.47 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 337.01 605.10 Td (uncertainties ) Tj ET Q q 0 0 0 rg BT 390.42 605.10 Td (involved ) Tj ET Q q 0 0 0 rg BT 427.73 605.10 Td (in ) Tj ET Q q 0 0 0 rg BT 437.83 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 452.37 605.10 Td (establishment ) Tj ET Q q 0 0 0 rg BT 509.68 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.33 605.10 Td (provisions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.10 Td (for ) Tj ET Q q 0 0 0 rg BT 63.46 593.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 92.48 593.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 120.38 593.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.62 593.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 164.52 593.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 210.20 593.10 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 250.20 593.10 Td (As ) Tj ET Q q 0 0 0 rg BT 263.11 593.10 Td (underlying ) Tj ET Q q 0 0 0 rg BT 308.24 593.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 342.80 593.10 Td (potentially ) Tj ET Q q 0 0 0 rg BT 387.36 593.10 Td (develop, ) Tj ET Q q 0 0 0 rg BT 423.32 593.10 Td (the ) Tj ET Q q 0 0 0 rg BT 437.33 593.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 473.02 593.10 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 515.37 593.10 Td (recoverable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.52 581.10 Td (vary ) Tj ET Q q 0 0 0 rg BT 89.59 581.10 Td (from ) Tj ET Q q 0 0 0 rg BT 111.33 581.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 147.52 581.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 185.92 581.10 Td (recorded. ) Tj ET Q q 0 0 0 rg BT 225.19 581.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 248.88 581.10 Td ( ) Tj ET Q q 0 0 0 rg BT 251.18 581.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 299.57 581.10 Td (recoverables ) Tj ET Q q 0 0 0 rg BT 352.39 581.10 Td (are ) Tj ET Q q 0 0 0 rg BT 366.90 581.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 406.41 581.10 Td (unsecured. ) Tj ET Q q 0 0 0 rg BT 451.24 581.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 474.65 581.10 Td (regularly ) Tj ET Q q 0 0 0 rg BT 513.05 581.10 Td (evaluates ) Tj ET Q q 0 0 0 rg BT 552.55 581.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.10 Td (reinsurers, ) Tj ET Q q 0 0 0 rg BT 94.43 569.10 Td (and ) Tj ET Q q 0 0 0 rg BT 111.37 569.10 Td (the ) Tj ET Q q 0 0 0 rg BT 126.08 569.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 169.12 569.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 205.50 569.10 Td (recoverable, ) Tj ET Q q 0 0 0 rg BT 257.13 569.10 Td (and ) Tj ET Q q 0 0 0 rg BT 274.07 569.10 Td (an ) Tj ET Q q 0 0 0 rg BT 286.01 569.10 Td (allowance ) Tj ET Q q 0 0 0 rg BT 329.04 569.10 Td (for ) Tj ET Q q 0 0 0 rg BT 343.20 569.10 Td (uncollectible ) Tj ET Q q 0 0 0 rg BT 397.35 569.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 445.93 569.10 Td (is ) Tj ET Q q 0 0 0 rg BT 455.10 569.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 493.15 569.10 Td (for) Tj ET Q q 0 0 0 rg BT 504.41 569.10 Td (, ) Tj ET Q q 0 0 0 rg BT 509.41 569.10 Td (if ) Tj ET Q q 0 0 0 rg BT 518.02 569.10 Td (needed. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 73.70 552.10 Td ( ) Tj ET Q q 0 0 0 rg BT 75.21 552.10 Td (lar) Tj ET Q q 0 0 0 rg BT 85.58 552.10 Td (gest ) Tj ET Q q 0 0 0 rg BT 103.21 552.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 150.81 552.10 Td (partners ) Tj ET Q q 0 0 0 rg BT 184.54 552.10 Td (are ) Tj ET Q q 0 0 0 rg BT 198.26 552.10 Td (Great ) Tj ET Q q 0 0 0 rg BT 221.65 552.10 Td (American ) Tj ET Q q 0 0 0 rg BT 262.59 552.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 302.98 552.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 343.39 552.10 Td (\(Great ) Tj ET Q q 0 0 0 rg BT 374.54 552.10 Td (American\), ) Tj ET Q q 0 0 0 rg BT 425.76 552.10 Td (a ) Tj ET Q q 0 0 0 rg BT 431.71 552.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 474.34 552.10 Td (of ) Tj ET Q q 0 0 0 rg BT 483.85 552.10 Td (American ) Tj ET Q q 0 0 0 rg BT 524.80 552.10 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (Group, ) Tj ET Q q 0 0 0 rg BT 80.67 540.10 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 101.05 540.10 Td (General ) Tj ET Q q 0 0 0 rg BT 135.31 540.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 187.35 540.10 Td (Corporation ) Tj ET Q q 0 0 0 rg BT 238.30 540.10 Td (\(Gen ) Tj ET Q q 0 0 0 rg BT 265.34 540.10 Td (Re\), ) Tj ET Q q 0 0 0 rg BT 289.33 540.10 Td (a ) Tj ET Q q 0 0 0 rg BT 296.39 540.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 340.11 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 351.06 540.10 Td (Berkshire ) Tj ET Q q 0 0 0 rg BT 392.55 540.10 Td (Hathaway) Tj ET Q q 0 0 0 rg BT 432.44 540.10 Td (, ) Tj ET Q q 0 0 0 rg BT 437.56 540.10 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 457.94 540.10 Td (SCOR ) Tj ET Q q 0 0 0 rg BT 486.68 540.10 Td (Re, ) Tj ET Q q 0 0 0 rg BT 502.91 540.10 Td (a ) Tj ET Q q 0 0 0 rg BT 509.96 540.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 553.68 540.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (SCOR ) Tj ET Q q 0 0 0 rg BT 78.23 528.10 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 98.11 528.10 Td (Corporation, ) Tj ET Q q 0 0 0 rg BT 151.04 528.10 Td (and ) Tj ET Q q 0 0 0 rg BT 167.58 528.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 193.02 528.10 Td (Re, ) Tj ET Q q 0 0 0 rg BT 208.74 528.10 Td (a ) Tj ET Q q 0 0 0 rg BT 215.28 528.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 258.49 528.10 Td (of ) Tj ET Q q 0 0 0 rg BT 268.92 528.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 294.37 528.10 Td (Reinsurance ) Tj ET Q q 0 0 0 rg BT 345.89 528.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 386.88 528.10 Td (Ltd. ) Tj ET Q q 0 0 0 rg BT 405.37 528.10 Td (Great ) Tj ET Q q 0 0 0 rg BT 429.21 528.10 Td (American ) Tj ET Q q 0 0 0 rg BT 470.74 528.10 Td (has ) Tj ET Q q 0 0 0 rg BT 486.17 528.10 Td (a ) Tj ET Q q 0 0 0 rg BT 492.71 528.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 529.79 528.10 Td (strength ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.10 Td (rating ) Tj ET Q q 0 0 0 rg BT 76.02 516.10 Td (of ) Tj ET Q q 0 0 0 rg BT 86.45 516.10 Td (A1 ) Tj ET Q q 0 0 0 rg BT 101.37 516.10 Td (from ) Tj ET Q q 0 0 0 rg BT 123.51 516.10 Td (Moody) Tj ET Q q 0 0 0 rg BT 155.18 516.10 Td (s, ) Tj ET Q q 0 0 0 rg BT 164.27 516.10 Td (Gen ) Tj ET Q q 0 0 0 rg BT 183.62 516.10 Td (Re ) Tj ET Q q 0 0 0 rg BT 197.43 516.10 Td (has ) Tj ET Q q 0 0 0 rg BT 213.45 516.10 Td (a ) Tj ET Q q 0 0 0 rg BT 220.59 516.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 258.27 516.10 Td (strength ) Tj ET Q q 0 0 0 rg BT 293.18 516.10 Td (rating ) Tj ET Q q 0 0 0 rg BT 319.20 516.10 Td (of ) Tj ET Q q 0 0 0 rg BT 329.63 516.10 Td (AA+ ) Tj ET Q q 0 0 0 rg BT 352.41 516.10 Td (from ) Tj ET Q q 0 0 0 rg BT 374.55 516.10 Td (Fitch, ) Tj ET Q q 0 0 0 rg BT 400.30 516.10 Td (SCOR ) Tj ET Q q 0 0 0 rg BT 429.12 516.10 Td (Re ) Tj ET Q q 0 0 0 rg BT 442.93 516.10 Td (has ) Tj ET Q q 0 0 0 rg BT 458.95 516.10 Td (a ) Tj ET Q q 0 0 0 rg BT 466.09 516.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 503.77 516.10 Td (strength ) Tj ET Q q 0 0 0 rg BT 538.68 516.10 Td (rating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.28 504.10 Td (AA- ) Tj ET Q q 0 0 0 rg BT 80.55 504.10 Td (from ) Tj ET Q q 0 0 0 rg BT 102.49 504.10 Td (Fitch, ) Tj ET Q q 0 0 0 rg BT 128.05 504.10 Td (and ) Tj ET Q q 0 0 0 rg BT 144.99 504.10 Td (Swiss ) Tj ET Q q 0 0 0 rg BT 170.83 504.10 Td (Re ) Tj ET Q q 0 0 0 rg BT 184.44 504.10 Td (has ) Tj ET Q q 0 0 0 rg BT 200.27 504.10 Td (a ) Tj ET Q q 0 0 0 rg BT 207.21 504.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 244.69 504.10 Td (strength ) Tj ET Q q 0 0 0 rg BT 279.40 504.10 Td (rating ) Tj ET Q q 0 0 0 rg BT 305.23 504.10 Td (of ) Tj ET Q q 0 0 0 rg BT 315.51 504.10 Td (Aa3 ) Tj ET Q q 0 0 0 rg BT 334.67 504.10 Td (from ) Tj ET Q q 0 0 0 rg BT 356.61 504.10 Td (Moody) Tj ET Q q 0 0 0 rg BT 388.28 504.10 Td (s.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (Claims ) Tj ET Q q 0 0 0 rg BT 82.50 487.10 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.78 470.10 Td (table ) Tj ET Q q 0 0 0 rg BT 89.45 470.10 Td (below ) Tj ET Q q 0 0 0 rg BT 116.12 470.10 Td (shows ) Tj ET Q q 0 0 0 rg BT 143.36 470.10 Td (the ) Tj ET Q q 0 0 0 rg BT 157.81 470.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 193.92 470.10 Td (of ) Tj ET Q q 0 0 0 rg BT 204.49 470.10 Td (total ) Tj ET Q q 0 0 0 rg BT 224.49 470.10 Td (case ) Tj ET Q q 0 0 0 rg BT 243.93 470.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 278.93 470.10 Td (and ) Tj ET Q q 0 0 0 rg BT 295.60 470.10 Td (IBNR ) Tj ET Q q 0 0 0 rg BT 321.72 470.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 356.71 470.10 Td (as ) Tj ET Q q 0 0 0 rg BT 367.28 470.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.84 470.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 421.17 470.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.17 470.10 Td ( ) Tj ET Q q 0 0 0 rg BT 443.40 470.10 Td (and ) Tj ET Q q 0 0 0 rg BT 460.08 470.10 Td (as ) Tj ET Q q 0 0 0 rg BT 470.64 470.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.20 470.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 539.52 470.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.52 470.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.86 458.10 Td (other ) Tj ET Q q 0 0 0 rg BT 90.73 458.10 Td (line ) Tj ET Q q 0 0 0 rg BT 108.04 458.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.68 458.10 Td (business ) Tj ET Q q 0 0 0 rg BT 154.89 458.10 Td (is ) Tj ET Q q 0 0 0 rg BT 163.88 458.10 Td (comprised ) Tj ET Q q 0 0 0 rg BT 207.85 458.10 Td (of ) Tj ET Q q 0 0 0 rg BT 218.49 458.10 Td (our ) Tj ET Q q 0 0 0 rg BT 234.14 458.10 Td (surety ) Tj ET Q q 0 0 0 rg BT 260.89 458.10 Td (program ) Tj ET Q q 0 0 0 rg BT 297.09 458.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 338.83 458.10 Td (in ) Tj ET Q q 0 0 0 rg BT 348.92 458.10 Td (run-of) Tj ET Q q 0 0 0 rg BT 373.73 458.10 Td (f\), ) Tj ET Q q 0 0 0 rg BT 385.21 458.10 Td (Gateway) Tj ET Q q 0 0 0 rg BT 423.52 458.10 Td (s ) Tj ET Q q 0 0 0 rg BT 429.73 458.10 Td (truck ) Tj ET Q q 0 0 0 rg BT 452.59 458.10 Td (and ) Tj ET Q q 0 0 0 rg BT 469.35 458.10 Td (workers) Tj ET Q q 0 0 0 rg BT 504.15 458.10 Td ( ) Tj ET Q q 0 0 0 rg BT 506.46 458.10 Td (compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (programs ) Tj ET Q q 0 0 0 rg BT 90.67 446.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 132.99 446.10 Td (in ) Tj ET Q q 0 0 0 rg BT 143.67 446.10 Td (run ) Tj ET Q q 0 0 0 rg BT 159.90 446.10 Td (of) Tj ET Q q 0 0 0 rg BT 168.05 446.10 Td (f\), ) Tj ET Q q 0 0 0 rg BT 179.47 446.10 Td (American ) Tj ET Q q 0 0 0 rg BT 221.79 446.10 Td (Service) Tj ET Q q 0 0 0 rg BT 254.55 446.10 Td (s ) Tj ET Q q 0 0 0 rg BT 261.35 446.10 Td (non-standard ) Tj ET Q q 0 0 0 rg BT 316.45 446.10 Td (personal ) Tj ET Q q 0 0 0 rg BT 353.23 446.10 Td (lines ) Tj ET Q q 0 0 0 rg BT 375.01 446.10 Td (business ) Tj ET Q q 0 0 0 rg BT 411.81 446.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 454.13 446.10 Td (in ) Tj ET Q q 0 0 0 rg BT 464.81 446.10 Td (run ) Tj ET Q q 0 0 0 rg BT 481.04 446.10 Td (of) Tj ET Q q 0 0 0 rg BT 489.19 446.10 Td (f\), ) Tj ET Q q 0 0 0 rg BT 500.60 446.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 524.30 446.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.20 446.10 Td (workers) Tj ET Q q 0 0 0 rg BT 562.00 446.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.10 Td (compensation ) Tj ET Q q 0 0 0 rg BT 108.20 434.10 Td (related ) Tj ET Q q 0 0 0 rg BT 138.06 434.10 Td (to ) Tj ET Q q 0 0 0 rg BT 148.50 434.10 Td (taxi, ) Tj ET Q q 0 0 0 rg BT 168.65 434.10 Td (other ) Tj ET Q q 0 0 0 rg BT 191.86 434.10 Td (liability) Tj ET Q q 0 0 0 rg BT 222.32 434.10 Td (, ) Tj ET Q q 0 0 0 rg BT 227.48 434.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 257.35 434.10 Td (Liberty) Tj ET Q q 0 0 0 rg BT 289.56 434.10 Td (s ) Tj ET Q q 0 0 0 rg BT 296.11 434.10 Td (homeowners ) Tj ET Q q 0 0 0 rg BT 349.87 434.10 Td (program ) Tj ET Q q 0 0 0 rg BT 386.41 434.10 Td (\(currently ) Tj ET Q q 0 0 0 rg BT 428.49 434.10 Td (in ) Tj ET Q q 0 0 0 rg BT 438.93 434.10 Td (run ) Tj ET Q q 0 0 0 rg BT 454.91 434.10 Td (of) Tj ET Q q 0 0 0 rg BT 463.06 434.10 Td (f\) ) Tj ET Q q 0 0 0 rg BT 472.38 434.10 Td (and ) Tj ET Q q 0 0 0 rg BT 489.48 434.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 526.58 434.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 544.24 434.10 Td (pool ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (business. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.00 397.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 61.37 397.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 106.46 397.35 Td ( unpaid claims by type - gr) Tj ET Q q 0 0 0 rg BT 220.18 397.35 Td (oss of r) Tj ET Q q 0 0 0 rg BT 250.56 397.35 Td (einsurance \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 376.60 231.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 376.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 376.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 376.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 346.60 231.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 346.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 346.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 346.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 391.6 m 382.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 376.6 m 382.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 391.6 m 482.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 376.6 m 482.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 391.6 m 562.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 376.6 m 562.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 376.6 m 382.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 376.6 m 482.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 376.6 m 562.5 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 346.6 m 382.5 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 332.6 m 382.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 330.6 m 382.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 346.6 m 482.5 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 332.6 m 482.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 330.6 m 482.5 330.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 346.6 m 562.5 346.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 332.6 m 562.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 330.6 m 562.5 330.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.90 382.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 317.60 382.33 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 382.33 Td (December) Tj ET Q q 0 0 0 rg BT 434.87 382.33 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.80 382.33 Td (YTD% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 366.27 Td (Case reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 366.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 366.27 Td (67,1) Tj ET Q q 0 0 0 rg BT 368.65 366.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 366.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 366.27 Td (62,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 366.27 Td (6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 366.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 351.27 Td (IBNR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 351.27 Td (137,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 351.27 Td (148,879) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 351.27 Td (\(7.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 351.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 336.27 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 336.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 336.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 336.27 Td (204,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 336.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 336.27 Td (21) Tj ET Q q 0 0 0 rg BT 456.15 336.27 Td (1,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 336.27 Td (\(3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 336.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.00 307.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 61.37 307.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 106.46 307.35 Td ( unpaid claims by line of business gr) Tj ET Q q 0 0 0 rg BT 267.99 307.35 Td (oss of r) Tj ET Q q 0 0 0 rg BT 298.36 307.35 Td (einsurance \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 286.60 231.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 286.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 286.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 286.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 256.60 231.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 256.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 256.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 256.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 301.6 m 382.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 286.6 m 382.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 301.6 m 482.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 286.6 m 482.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 301.6 m 562.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 286.6 m 562.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 286.6 m 382.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 286.6 m 482.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 286.6 m 562.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 256.6 m 382.5 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 256.6 m 482.5 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 256.6 m 562.5 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 242.60000000000002 m 382.5 242.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 240.60000000000002 m 382.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 242.60000000000002 m 482.5 242.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 240.60000000000002 m 482.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 242.60000000000002 m 562.5 242.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 240.60000000000002 m 562.5 240.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.90 292.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 317.69 292.33 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 292.33 Td (December) Tj ET Q q 0 0 0 rg BT 434.87 292.33 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.80 292.33 Td (YTD% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 276.27 Td (Commercial automobile liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 276.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 276.27 Td (199,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 276.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 276.27 Td (204,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 276.27 Td (\(2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 276.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 261.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 261.27 Td (5,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 261.27 Td (6,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 261.27 Td (\(24.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 261.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.00 246.27 Td (T) Tj ET Q q 0 0 0 rg BT 59.41 246.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 246.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 246.27 Td (204,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 246.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 246.27 Td (21) Tj ET Q q 0 0 0 rg BT 456.15 246.27 Td (1,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 246.27 Td (\(3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 246.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 217.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 217.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 105.46 217.35 Td ( unpaid claims by line of business - net of r) Tj ET Q q 0 0 0 rg BT 286.98 217.35 Td (einsurance r) Tj ET Q q 0 0 0 rg BT 339.84 217.35 Td (ecoverables \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 196.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 196.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 196.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 196.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 166.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 166.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 166.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 166.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 211.60000000000002 m 382.5 211.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 196.60000000000002 m 382.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 211.60000000000002 m 482.5 211.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 196.60000000000002 m 482.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 211.60000000000002 m 562.5 211.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 196.60000000000002 m 562.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 196.60000000000002 m 382.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 196.60000000000002 m 482.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 196.60000000000002 m 562.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 166.60000000000002 m 382.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 166.60000000000002 m 482.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 152.60000000000002 m 382.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 150.60000000000002 m 382.5 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 166.60000000000002 m 482.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 152.60000000000002 m 482.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 150.60000000000002 m 482.5 150.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 166.60000000000002 m 562.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 152.60000000000002 m 562.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 150.60000000000002 m 562.5 150.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.90 202.33 Td (Mar) Tj ET Q q 0 0 0 rg BT 317.69 202.33 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 202.33 Td (December) Tj ET Q q 0 0 0 rg BT 434.87 202.33 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.80 202.33 Td (YTD% Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 186.27 Td (Commercial automobile liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 186.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 186.27 Td (148,532) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 186.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 186.27 Td (153,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 186.27 Td (\(3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 186.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 171.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 171.27 Td (3,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 171.27 Td (4,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 171.27 Td (\(21.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 171.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 156.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 156.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 156.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.15 156.27 Td (152,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.00 156.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 156.27 Td (158,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 156.27 Td (\(3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 156.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.10 Td (During ) Tj ET Q q 0 0 0 rg BT 81.48 135.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.84 135.10 Td (three ) Tj ET Q q 0 0 0 rg BT 119.97 135.10 Td (month ) Tj ET Q q 0 0 0 rg BT 148.67 135.10 Td (period ) Tj ET Q q 0 0 0 rg BT 177.37 135.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 204.39 135.10 Td (March ) Tj ET Q q 0 0 0 rg BT 233.63 135.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 249.28 135.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.28 135.10 Td (, ) Tj ET Q q 0 0 0 rg BT 274.93 135.10 Td (case ) Tj ET Q q 0 0 0 rg BT 295.28 135.10 Td (reserves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.18 135.10 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.94 135.10 Td ( ) Tj ET Q q 0 0 0 rg BT 372.08 135.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.23 135.10 Td (6.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.06 135.10 Td ( ) Tj ET Q q 0 0 0 rg BT 409.21 135.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 451.77 135.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.70 135.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 521.93 135.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.93 135.10 Td (, ) Tj ET Q q 0 0 0 rg BT 547.58 135.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.10 Td (IBNR ) Tj ET Q q 0 0 0 rg BT 76.32 123.10 Td (reserves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.51 123.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.93 123.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.36 123.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.79 123.10 Td (7.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.62 123.10 Td (. ) Tj ET Q q 0 0 0 rg BT 191.55 123.10 Td ( ) Tj ET Q q 0 0 0 rg BT 193.81 123.10 Td (The ) Tj ET Q q 0 0 0 rg BT 211.79 123.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 246.97 123.10 Td (in ) Tj ET Q q 0 0 0 rg BT 257.18 123.10 Td (case ) Tj ET Q q 0 0 0 rg BT 276.82 123.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 312.01 123.10 Td (was ) Tj ET Q q 0 0 0 rg BT 330.00 123.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 369.64 123.10 Td (due ) Tj ET Q q 0 0 0 rg BT 386.51 123.10 Td (to ) Tj ET Q q 0 0 0 rg BT 396.72 123.10 Td (an ) Tj ET Q q 0 0 0 rg BT 408.59 123.10 Td (increase ) Tj ET Q q 0 0 0 rg BT 443.77 123.10 Td (in ) Tj ET Q q 0 0 0 rg BT 453.98 123.10 Td (new ) Tj ET Q q 0 0 0 rg BT 473.08 123.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 501.61 123.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 537.36 123.10 Td (on ) Tj ET Q q 0 0 0 rg BT 549.79 123.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.10 Td (two ) Tj ET Q q 0 0 0 rg BT 67.61 111.10 Td (most ) Tj ET Q q 0 0 0 rg BT 89.68 111.10 Td (recent ) Tj ET Q q 0 0 0 rg BT 116.71 111.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 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Q q 0 0 0 rg BT 136.35 99.10 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 195.51 99.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 232.45 99.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 249.95 99.10 Td (programs.) 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Td (of ) Tj ET Q q 0 0 0 rg BT 347.93 742.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 396.68 742.10 Td (by ) Tj ET Q q 0 0 0 rg BT 409.36 742.10 Td (type ) Tj ET Q q 0 0 0 rg BT 429.24 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 446.35 742.10 Td (line ) Tj ET Q q 0 0 0 rg BT 464.02 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 475.02 742.10 Td (business ) Tj ET Q q 0 0 0 rg BT 511.58 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 528.69 742.10 Td (accident ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (year:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 705.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.37 705.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 104.46 705.35 Td ( Unpaid Claims, Gr) Tj ET Q q 0 0 0 rg BT 188.18 705.35 Td (oss of Reinsurance \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 699.60 138.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 699.60 183.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 699.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 699.60 183.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 651.60 138.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 651.60 8.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 651.60 61.00 -18.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 618.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 618.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 618.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 618.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 618.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 618.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 618.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 618.60 61.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 699.6 m 187.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 685.6 m 187.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 699.6 m 248.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 685.6 m 248.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 699.6 m 309.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 685.6 m 309.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 699.6 m 370.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 685.6 m 370.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 699.6 m 378.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 685.6 m 378.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 699.6 m 439.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 685.6 m 439.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 699.6 m 500.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 685.6 m 500.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 699.6 m 561.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 685.6 m 561.5 685.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 651.6 m 187.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 651.6 m 248.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 651.6 m 309.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 651.6 m 370.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 651.6 m 378.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 651.6 m 439.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 651.6 m 500.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 651.6 m 561.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 651.6 m 187.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 651.6 m 248.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 651.6 m 309.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 651.6 m 370.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 651.6 m 439.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 651.6 m 500.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 651.6 m 561.5 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 618.6 m 248.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 618.6 m 309.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 618.6 m 370.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 618.6 m 248.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 604.6 m 248.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 602.6 m 248.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 618.6 m 309.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 604.6 m 309.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 602.6 m 309.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 618.6 m 370.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 604.6 m 370.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 602.6 m 370.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 618.6 m 378.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 604.6 m 378.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 602.6 m 378.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 618.6 m 439.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 604.6 m 439.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 602.6 m 439.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 618.6 m 500.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 604.6 m 500.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 602.6 m 500.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 618.6 m 561.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 604.6 m 561.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 602.6 m 561.5 602.6 l s BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 697.05 90.64 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 690.28 Td (As of Mar) Tj ET Q q 0 0 0 rg BT 95.14 690.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.05 690.28 Td (Case Reserves) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.95 690.28 Td (IBNR) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.10 656.28 Td (Accident ) Tj ET Q q 0 0 0 rg BT 128.18 656.28 Td (Y) Tj ET Q q 0 0 0 rg BT 134.66 656.28 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.20 676.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 228.87 676.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.90 666.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.15 656.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.80 656.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.55 656.28 Td (T) Tj ET Q q 0 0 0 rg BT 334.76 656.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.20 676.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 419.87 676.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.90 666.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.15 656.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.80 656.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.55 656.28 Td (T) Tj ET Q q 0 0 0 rg BT 525.30 656.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 645.05 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 638.28 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.48 638.28 Td (ent ) Tj ET Q q 0 0 0 rg BT 88.94 638.28 Td (Y) Tj ET Q q 0 0 0 rg BT 95.05 638.28 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.15 638.27 Td (5,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 638.27 Td (269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 638.27 Td (5,595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 638.27 Td (27,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 638.27 Td (940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 638.27 Td (28,349) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 623.28 Td (Prior) Tj ET Q q 0 0 0 rg BT 74.58 623.28 Td ( ) Tj ET Q q 0 0 0 rg BT 76.71 623.28 Td (Y) Tj ET Q q 0 0 0 rg BT 82.83 623.28 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 623.27 Td (60,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 623.27 Td (1,241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 623.27 Td (61,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 623.27 Td (106,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 623.27 Td (2,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 623.27 Td (109,280) Tj ET Q BT /F2 11.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 615.95 30.88 -9.82 re f /GS0 gs q 0 0 0 rg BT 52.00 608.50 Td ( ) Tj ET Q q 0 0 0 rg BT 54.55 608.50 Td (T) Tj ET Q q 0 0 0 rg BT 60.88 608.50 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 608.27 Td (65,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 608.27 Td (1,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 608.27 Td (67,1) Tj ET Q q 0 0 0 rg BT 356.65 608.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 608.27 Td (133,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 608.27 Td (3,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 608.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 608.27 Td (137,629) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 579.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.37 579.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 104.46 579.35 Td ( Unpaid Claims, Gr) Tj ET Q q 0 0 0 rg BT 188.18 579.35 Td (oss of Reinsurance \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 573.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 573.60 183.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 573.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 573.60 183.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 524.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 524.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 524.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 494.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 494.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 494.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 494.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 494.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 494.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 494.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 494.60 61.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 573.6 m 187.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 558.6 m 187.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 573.6 m 248.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 558.6 m 248.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 573.6 m 309.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 558.6 m 309.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 573.6 m 370.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 558.6 m 370.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 573.6 m 378.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 558.6 m 378.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 573.6 m 439.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 558.6 m 439.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 573.6 m 500.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 558.6 m 500.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 573.6 m 561.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 558.6 m 561.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 524.6 m 187.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 524.6 m 248.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 524.6 m 309.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 524.6 m 370.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 524.6 m 378.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 524.6 m 439.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 524.6 m 500.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 524.6 m 561.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 524.6 m 187.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 524.6 m 248.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 524.6 m 309.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 524.6 m 370.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 524.6 m 439.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 524.6 m 500.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 524.6 m 561.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 494.6 m 248.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 494.6 m 309.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 494.6 m 248.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 480.6 m 248.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 478.6 m 248.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 494.6 m 309.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 480.6 m 309.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 478.6 m 309.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 494.6 m 370.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 480.6 m 370.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 478.6 m 370.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 494.6 m 378.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 480.6 m 378.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 478.6 m 378.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 494.6 m 439.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 480.6 m 439.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 478.6 m 439.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 494.6 m 500.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 480.6 m 500.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 478.6 m 500.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 494.6 m 561.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 480.6 m 561.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 478.6 m 561.5 478.6 l s BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 570.05 105.07 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 563.28 Td (As of December) Tj ET Q q 0 0 0 rg BT 119.57 563.28 Td ( 31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.05 563.28 Td (Case Reserves) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.95 563.28 Td (IBNR) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.10 529.28 Td (Accident ) Tj ET Q q 0 0 0 rg BT 128.18 529.28 Td (Y) Tj ET Q q 0 0 0 rg BT 134.66 529.28 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.20 549.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 228.87 549.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.90 539.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.15 529.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.80 529.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.55 529.28 Td (T) Tj ET Q q 0 0 0 rg BT 334.76 529.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.20 549.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 419.87 549.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.90 539.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.15 529.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.80 529.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.55 529.28 Td (T) Tj ET Q q 0 0 0 rg BT 525.30 529.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 521.05 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 514.28 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.48 514.28 Td (ent ) Tj ET Q q 0 0 0 rg BT 88.94 514.28 Td (Y) Tj ET Q q 0 0 0 rg BT 95.05 514.28 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 514.27 Td (30,619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.30 514.32 Td (\(462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 514.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 514.27 Td (30,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 514.27 Td (78,625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 514.27 Td (1,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 514.27 Td (79,805) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 499.28 Td (Prior) Tj ET Q q 0 0 0 rg BT 74.58 499.28 Td ( ) Tj ET Q q 0 0 0 rg BT 76.71 499.28 Td (Y) Tj ET Q q 0 0 0 rg BT 82.83 499.28 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 499.27 Td (30,393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 499.27 Td (2,219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 499.27 Td (32,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 499.27 Td (65,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 499.27 Td (4,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 499.27 Td (69,074) Tj ET Q BT /F2 11.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 491.95 30.88 -9.82 re f /GS0 gs q 0 0 0 rg BT 52.00 484.50 Td ( ) Tj ET Q q 0 0 0 rg BT 54.55 484.50 Td (T) Tj ET Q q 0 0 0 rg BT 60.88 484.50 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 484.27 Td (61,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 484.27 Td (1,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 484.27 Td (62,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 484.27 Td (143,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 484.27 Td (5,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 484.27 Td (148,879) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.53 463.10 Td (following ) Tj ET Q q 0 0 0 rg BT 108.40 463.10 Td (tables ) Tj ET Q q 0 0 0 rg BT 133.71 463.10 Td (summarize ) Tj ET Q q 0 0 0 rg BT 179.57 463.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.77 463.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 233.53 463.10 Td (for ) Tj ET Q q 0 0 0 rg BT 247.17 463.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 276.37 463.10 Td (claims, ) Tj ET Q q 0 0 0 rg BT 306.96 463.10 Td (net ) Tj ET Q q 0 0 0 rg BT 321.16 463.10 Td (of ) Tj ET Q q 0 0 0 rg BT 331.48 463.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 379.54 463.10 Td (by ) Tj ET Q q 0 0 0 rg BT 391.53 463.10 Td (type ) Tj ET Q q 0 0 0 rg BT 410.73 463.10 Td (and ) Tj ET Q q 0 0 0 rg BT 427.15 463.10 Td (line ) Tj ET Q q 0 0 0 rg BT 444.13 463.10 Td (of ) Tj ET Q q 0 0 0 rg BT 454.44 463.10 Td (business ) Tj ET Q q 0 0 0 rg BT 490.32 463.10 Td (and ) Tj ET Q q 0 0 0 rg BT 506.74 463.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 542.04 463.10 Td (year:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 438.35 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.37 438.35 Td (ovision for) Tj ET Q q 0 0 0 rg BT 104.46 438.35 Td ( Unpaid Claims, Net of Reinsurance Recoverables \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 432.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 432.60 183.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 432.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 432.60 183.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 383.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 383.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 383.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 353.60 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 353.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 353.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 353.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 353.60 8.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 353.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 353.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 353.60 61.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 432.6 m 187.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 417.6 m 187.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 432.6 m 248.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 417.6 m 248.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 432.6 m 309.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 417.6 m 309.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 432.6 m 370.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 417.6 m 370.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 432.6 m 378.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 417.6 m 378.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 432.6 m 439.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 417.6 m 439.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 432.6 m 500.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 417.6 m 500.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 432.6 m 561.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 417.6 m 561.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 383.6 m 187.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 383.6 m 248.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 383.6 m 309.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 383.6 m 370.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 383.6 m 378.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 383.6 m 439.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 383.6 m 500.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 383.6 m 561.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 383.6 m 187.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 383.6 m 248.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 383.6 m 309.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 383.6 m 370.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 383.6 m 439.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 383.6 m 500.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 383.6 m 561.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 353.6 m 248.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 353.6 m 309.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 353.6 m 370.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 353.6 m 248.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 339.6 m 248.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 337.6 m 248.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 353.6 m 309.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 339.6 m 309.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 337.6 m 309.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 353.6 m 370.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 339.6 m 370.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 337.6 m 370.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 353.6 m 378.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 339.6 m 378.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 337.6 m 378.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 353.6 m 439.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 339.6 m 439.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 337.6 m 439.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 353.6 m 500.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 339.6 m 500.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 337.6 m 500.5 337.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 353.6 m 561.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 339.6 m 561.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 337.6 m 561.5 337.6 l s BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 429.05 90.64 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 422.28 Td (As of Mar) Tj ET Q q 0 0 0 rg BT 95.14 422.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.05 422.28 Td (Case Reserves) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.95 422.28 Td (IBNR) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.10 388.28 Td (Accident ) Tj ET Q q 0 0 0 rg BT 128.18 388.28 Td (Y) Tj ET Q q 0 0 0 rg BT 134.66 388.28 Td (ear) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.20 408.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 228.87 408.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.90 398.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.15 388.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.80 388.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.55 388.28 Td (T) Tj ET Q q 0 0 0 rg BT 334.76 388.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.20 408.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 419.87 408.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.90 398.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.15 388.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.80 388.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.55 388.28 Td (T) Tj ET Q q 0 0 0 rg BT 525.30 388.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 380.05 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 373.28 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.48 373.28 Td (ent ) Tj ET Q q 0 0 0 rg BT 88.94 373.28 Td (Y) Tj ET Q q 0 0 0 rg BT 95.05 373.28 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.15 373.27 Td (4,732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 373.27 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 373.27 Td (4,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 373.27 Td (20,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 373.27 Td (817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 373.27 Td (21,385) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 358.28 Td (Prior) Tj ET Q q 0 0 0 rg BT 74.58 358.28 Td ( ) 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BT 328.55 264.28 Td (T) Tj ET Q q 0 0 0 rg BT 334.76 264.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.20 284.28 Td (Commer) Tj ET Q q 0 0 0 rg BT 419.87 284.28 Td (cial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.90 274.28 Td (Auto) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.15 264.28 Td (Liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.80 264.28 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.55 264.28 Td (T) Tj ET Q q 0 0 0 rg BT 525.30 264.28 Td (otal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 256.05 56.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 52.00 249.28 Td (Curr) Tj ET Q q 0 0 0 rg BT 73.48 249.28 Td (ent ) Tj ET Q q 0 0 0 rg BT 88.94 249.28 Td (Y) Tj ET Q q 0 0 0 rg BT 95.05 249.28 Td (ear) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 249.27 Td (27,421) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.30 249.32 Td (\(309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 249.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 249.27 Td (27,1) Tj ET Q q 0 0 0 rg BT 356.65 249.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 249.27 Td (49,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 249.27 Td (844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 249.27 Td (50,732) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 234.28 Td (Prior) Tj ET Q q 0 0 0 rg BT 74.58 234.28 Td ( ) Tj ET Q q 0 0 0 rg BT 76.71 234.28 Td (Y) Tj ET Q q 0 0 0 rg BT 82.83 234.28 Td (ears) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 234.27 Td (25,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 234.27 Td (1,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 234.27 Td (27,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 234.27 Td (50,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 234.27 Td (3,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 234.27 Td (53,398) Tj ET Q BT /F2 11.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 226.95 30.88 -9.82 re f /GS0 gs q 0 0 0 rg BT 52.00 219.50 Td ( ) Tj ET Q q 0 0 0 rg BT 54.55 219.50 Td (T) Tj ET Q q 0 0 0 rg BT 60.88 219.50 Td (otals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 219.27 Td (53,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 219.27 Td (994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 219.27 Td (54,1) Tj ET Q q 0 0 0 rg BT 356.65 219.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 219.27 Td (100,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 219.27 Td (3,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 219.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 219.27 Td (104,130) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.01 742.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 102.69 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 112.93 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 127.61 742.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 167.86 742.10 Td (for ) Tj ET Q q 0 0 0 rg BT 181.98 742.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 211.67 742.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 240.23 742.10 Td (and ) Tj ET Q q 0 0 0 rg BT 257.14 742.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 285.71 742.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 332.06 742.10 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 373.12 742.10 Td (net ) Tj ET Q q 0 0 0 rg BT 387.80 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 398.60 742.10 Td (amounts ) Tj ET Q q 0 0 0 rg BT 434.95 742.10 Td (recoverable ) Tj ET Q q 0 0 0 rg BT 484.05 742.10 Td (from ) Tj ET Q q 0 0 0 rg BT 505.95 742.10 Td (reinsurers, ) Tj ET Q q 0 0 0 rg BT 550.35 742.10 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 730.10 Td (three ) Tj ET Q q 0 0 0 rg BT 87.20 730.10 Td (month ) Tj ET Q q 0 0 0 rg BT 115.26 730.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 147.20 730.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 173.57 730.10 Td (March ) Tj ET Q q 0 0 0 rg BT 202.17 730.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 217.17 730.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 239.67 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 256.61 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.61 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 279.11 730.10 Td (were ) Tj ET Q q 0 0 0 rg BT 301.04 730.10 Td (as ) Tj ET Q q 0 0 0 rg BT 311.87 730.10 Td (follows ) Tj ET Q q 0 0 0 rg BT 344.37 730.10 Td (\($ ) Tj ET Q q 0 0 0 rg BT 355.20 730.10 Td (in ) Tj ET Q q 0 0 0 rg BT 365.48 730.10 Td (000s\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 686.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 686.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 686.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 656.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 656.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 656.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 629.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 629.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 629.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 602.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 602.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 572.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 572.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.60 362.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 542.60 75.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 542.60 75.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 515.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 515.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 515.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 485.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 485.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 485.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 458.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 458.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 458.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 428.60 362.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 428.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 428.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 714.6 m 487.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 700.6 m 487.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 714.6 m 562.5 714.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 700.6 m 562.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 700.6 m 487.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 686.6 m 487.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 700.6 m 562.5 700.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 686.6 m 562.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 686.6 m 487.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 686.6 m 562.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 656.6 m 487.5 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 656.6 m 562.5 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 656.6 m 562.5 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 557.6 m 487.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 557.6 m 562.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 557.6 m 487.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 557.6 m 562.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 485.6 m 487.5 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 485.6 m 562.5 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 428.6 m 487.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 414.6 m 487.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 412.6 m 487.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 428.6 m 562.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 414.6 m 562.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 412.6 m 562.5 412.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 426.10 705.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 442.68 705.28 Td (ee Month Periods Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.40 691.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 435.19 691.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.40 691.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 510.10 691.28 Td (ch 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 676.27 Td (Unpaid claims and claims adjustment expenses, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 676.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 676.27 Td (21) Tj ET Q q 0 0 0 rg BT 461.15 676.27 Td (1,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 676.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 676.27 Td (139,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.27 Td (Less: reinsurance recoverable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 661.27 Td (53,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 661.27 Td (35,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 646.27 Td (Net unpaid claims and claims adjustment expenses, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 646.27 Td (158,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 646.27 Td (103,634) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 619.27 Td (Change in retroactive reinsurance ceded) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 619.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 619.32 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 619.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 592.27 Td (Incurred related to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 577.27 Td (Current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 577.27 Td (33,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 577.27 Td (29,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 562.27 Td (Prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 562.27 Td (1,146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 562.27 Td (287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 547.27 Td (35,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 547.27 Td (29,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.27 Td (Paid related to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 505.27 Td (Current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 505.27 Td (7,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 505.27 Td (5,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 490.27 Td (Prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 490.27 Td (33,565) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 490.27 Td (32,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 475.27 Td (40,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 475.27 Td (38,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.27 Td (Net unpaid claims and claims adjustment expenses, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 448.27 Td (152,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 448.27 Td (94,748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 433.27 Td (Add: reinsurance recoverable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 433.27 Td (52,316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 433.27 Td (33,223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.27 Td (Unpaid claims and claims adjustment expenses, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 418.27 Td (204,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 418.27 Td (127,971) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.88 397.10 Td (process ) Tj ET Q q 0 0 0 rg BT 100.20 397.10 Td (of ) Tj ET Q q 0 0 0 rg BT 110.86 397.10 Td (establishing ) Tj ET Q q 0 0 0 rg BT 160.97 397.10 Td (the ) Tj ET Q q 0 0 0 rg BT 175.52 397.10 Td (estimated ) Tj ET Q q 0 0 0 rg BT 216.17 397.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 256.28 397.10 Td (for ) Tj ET Q q 0 0 0 rg BT 270.27 397.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 299.82 397.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 328.25 397.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.02 397.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 373.46 397.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 419.67 397.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 458.10 397.10 Td (is ) Tj ET Q q 0 0 0 rg BT 467.10 397.10 Td (complex ) Tj ET Q q 0 0 0 rg BT 503.87 397.10 Td (and ) Tj ET Q q 0 0 0 rg BT 520.64 397.10 Td (imprecise, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (as ) Tj ET Q q 0 0 0 rg BT 60.68 385.10 Td (it ) Tj ET Q q 0 0 0 rg BT 68.58 385.10 Td (relies ) Tj ET Q q 0 0 0 rg BT 92.58 385.10 Td (on ) Tj ET Q q 0 0 0 rg BT 104.93 385.10 Td (the ) Tj ET Q q 0 0 0 rg BT 119.49 385.10 Td (judgment ) Tj ET Q q 0 0 0 rg BT 159.61 385.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.39 385.10 Td (opinions ) Tj ET Q q 0 0 0 rg BT 213.19 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 223.86 385.10 Td (a ) Tj ET Q q 0 0 0 rg BT 230.65 385.10 Td (lar) Tj ET Q q 0 0 0 rg BT 241.02 385.10 Td (ge ) Tj ET Q q 0 0 0 rg BT 252.80 385.10 Td (number ) Tj ET Q q 0 0 0 rg BT 285.69 385.10 Td (of ) Tj ET Q q 0 0 0 rg BT 296.37 385.10 Td (individuals, ) Tj ET Q q 0 0 0 rg BT 345.66 385.10 Td (on ) Tj ET Q q 0 0 0 rg BT 358.01 385.10 Td (historical ) Tj ET Q q 0 0 0 rg BT 397.56 385.10 Td (precedent ) Tj ET Q q 0 0 0 rg BT 438.77 385.10 Td (and ) Tj ET Q q 0 0 0 rg BT 455.56 385.10 Td (trends, ) Tj ET Q q 0 0 0 rg BT 484.84 385.10 Td (on ) Tj ET Q q 0 0 0 rg BT 497.19 385.10 Td (prevailing ) Tj ET Q q 0 0 0 rg BT 540.08 385.10 Td (legal, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (economic, ) Tj ET Q q 0 0 0 rg BT 93.90 373.10 Td (social ) Tj ET Q q 0 0 0 rg BT 119.74 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 136.71 373.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 180.32 373.10 Td (trends ) Tj ET Q q 0 0 0 rg BT 207.29 373.10 Td (and ) Tj ET Q q 0 0 0 rg BT 224.25 373.10 Td (on ) Tj ET Q q 0 0 0 rg BT 236.77 373.10 Td (expectations ) Tj ET Q q 0 0 0 rg BT 289.27 373.10 Td (as ) Tj ET Q q 0 0 0 rg BT 300.13 373.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.43 373.10 Td (future ) Tj ET Q q 0 0 0 rg BT 336.83 373.10 Td (developments. ) Tj ET Q q 0 0 0 rg BT 397.21 373.10 Td (The ) Tj ET Q q 0 0 0 rg BT 415.28 373.10 Td (process ) Tj ET Q q 0 0 0 rg BT 447.80 373.10 Td (of ) Tj ET Q q 0 0 0 rg BT 458.65 373.10 Td (determining ) Tj ET Q q 0 0 0 rg BT 509.49 373.10 Td (the ) Tj ET Q q 0 0 0 rg BT 524.23 373.10 Td (provision ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (necessarily ) Tj ET Q q 0 0 0 rg BT 96.79 361.10 Td (involves ) Tj ET Q q 0 0 0 rg BT 133.04 361.10 Td (risks ) Tj ET Q q 0 0 0 rg BT 154.30 361.10 Td (that ) Tj ET Q q 0 0 0 rg BT 171.66 361.10 Td (the ) Tj ET Q q 0 0 0 rg BT 186.24 361.10 Td (actual ) Tj ET Q q 0 0 0 rg BT 212.47 361.10 Td (results ) Tj ET Q q 0 0 0 rg BT 240.95 361.10 Td (may ) Tj ET Q q 0 0 0 rg BT 260.53 361.10 Td (deviate, ) Tj ET Q q 0 0 0 rg BT 294.27 361.10 Td (perhaps ) Tj ET Q q 0 0 0 rg BT 327.73 361.10 Td (substantially) Tj ET Q q 0 0 0 rg BT 377.63 361.10 Td (, ) Tj ET Q q 0 0 0 rg BT 382.50 361.10 Td (from ) Tj ET Q q 0 0 0 rg BT 404.30 361.10 Td (the ) Tj ET Q q 0 0 0 rg BT 418.88 361.10 Td (best ) Tj ET Q q 0 0 0 rg BT 437.35 361.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 476.93 361.10 Td (made. ) Tj ET Q q 0 0 0 rg BT 503.45 361.10 Td ( ) Tj ET Q q 0 0 0 rg BT 505.65 361.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.56 361.10 Td (change ) Tj ET Q q 0 0 0 rg BT 554.24 361.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (the ) Tj ET Q q 0 0 0 rg BT 65.40 349.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 106.37 349.10 Td (for ) Tj ET Q q 0 0 0 rg BT 121.22 349.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 151.62 349.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 180.91 349.10 Td (and ) Tj ET Q q 0 0 0 rg BT 198.54 349.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 227.83 349.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 274.90 349.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 314.19 349.10 Td (is ) Tj ET Q q 0 0 0 rg BT 324.04 349.10 Td (consistent ) Tj ET Q q 0 0 0 rg BT 367.23 349.10 Td (with ) Tj ET Q q 0 0 0 rg BT 388.19 349.10 Td (the ) Tj ET Q q 0 0 0 rg BT 403.60 349.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 438.99 349.10 Td (in ) Tj ET Q q 0 0 0 rg BT 449.96 349.10 Td (written ) Tj ET Q q 0 0 0 rg BT 481.47 349.10 Td (premium. ) Tj ET Q q 0 0 0 rg BT 523.26 349.10 Td (However) Tj ET Q q 0 0 0 rg BT 559.51 349.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (because ) Tj ET Q q 0 0 0 rg BT 85.44 337.10 Td (the ) Tj ET Q q 0 0 0 rg BT 101.46 337.10 Td (establishment ) Tj ET Q q 0 0 0 rg BT 160.24 337.10 Td (of ) Tj ET Q q 0 0 0 rg BT 172.37 337.10 Td (reserves ) Tj ET Q q 0 0 0 rg BT 208.93 337.10 Td (is ) Tj ET Q q 0 0 0 rg BT 219.39 337.10 Td (an ) Tj ET Q q 0 0 0 rg BT 232.63 337.10 Td (inherently ) Tj ET Q q 0 0 0 rg BT 276.97 337.10 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 317.97 337.10 Td (process ) Tj ET Q q 0 0 0 rg BT 351.75 337.10 Td (involving ) Tj ET Q q 0 0 0 rg BT 393.88 337.10 Td (estimates, ) Tj ET Q q 0 0 0 rg BT 437.39 337.10 Td (current ) Tj ET Q q 0 0 0 rg BT 469.51 337.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 514.97 337.10 Td (may ) Tj ET Q q 0 0 0 rg BT 535.99 337.10 Td (not ) Tj ET Q q 0 0 0 rg BT 552.56 337.10 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (suf) Tj ET Q q 0 0 0 rg BT 62.04 325.10 Td (ficient. ) Tj ET Q q 0 0 0 rg BT 91.88 325.10 Td (Adjustments ) Tj ET Q q 0 0 0 rg BT 144.74 325.10 Td (to ) Tj ET Q q 0 0 0 rg BT 154.82 325.10 Td (reserves, ) Tj ET Q q 0 0 0 rg BT 192.39 325.10 Td (both ) Tj ET Q q 0 0 0 rg BT 212.47 325.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 246.44 325.10 Td (and ) Tj ET Q q 0 0 0 rg BT 263.18 325.10 Td (negative, ) Tj ET Q q 0 0 0 rg BT 301.86 325.10 Td (are ) Tj ET Q q 0 0 0 rg BT 316.37 325.10 Td (reflected ) Tj ET Q q 0 0 0 rg BT 353.65 325.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 392.04 325.10 Td (in ) Tj ET Q q 0 0 0 rg BT 402.13 325.10 Td (the ) Tj ET Q q 0 0 0 rg BT 416.65 325.10 Td (statement ) Tj ET Q q 0 0 0 rg BT 457.27 325.10 Td (of ) Tj ET Q q 0 0 0 rg BT 467.91 325.10 Td (income ) Tj ET Q q 0 0 0 rg BT 499.65 325.10 Td (as ) Tj ET Q q 0 0 0 rg BT 510.28 325.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 549.80 325.10 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (updated. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.16 296.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 105.75 296.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 150.57 296.10 Td (are ) Tj ET Q q 0 0 0 rg BT 165.38 296.10 Td (presented ) Tj ET Q q 0 0 0 rg BT 206.31 296.10 Td (on ) Tj ET Q q 0 0 0 rg BT 218.92 296.10 Td (a ) Tj ET Q q 0 0 0 rg BT 225.96 296.10 Td (calendar ) Tj ET Q q 0 0 0 rg BT 262.43 296.10 Td (year ) Tj ET Q q 0 0 0 rg BT 282.25 296.10 Td (basis ) Tj ET Q q 0 0 0 rg BT 304.86 296.10 Td (for ) Tj ET Q q 0 0 0 rg BT 319.13 296.10 Td (all ) Tj ET Q q 0 0 0 rg BT 331.73 296.10 Td (data. ) Tj ET Q q 0 0 0 rg BT 353.50 296.10 Td (Claims ) Tj ET Q q 0 0 0 rg BT 384.44 296.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 425.37 296.10 Td (and ) Tj ET Q q 0 0 0 rg BT 442.42 296.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 477.24 296.10 Td (in ) Tj ET Q q 0 0 0 rg BT 487.62 296.10 Td (reserves, ) Tj ET Q q 0 0 0 rg BT 525.49 296.10 Td (however) Tj ET Q q 0 0 0 rg BT 559.52 296.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.10 Td (may ) Tj ET Q q 0 0 0 rg BT 69.04 284.10 Td (be ) Tj ET Q q 0 0 0 rg BT 80.30 284.10 Td (made ) Tj ET Q q 0 0 0 rg BT 103.78 284.10 Td (on ) Tj ET Q q 0 0 0 rg BT 115.60 284.10 Td (accidents ) Tj ET Q q 0 0 0 rg BT 154.63 284.10 Td (that ) Tj ET Q q 0 0 0 rg BT 171.44 284.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 208.24 284.10 Td (in ) Tj ET Q q 0 0 0 rg BT 217.84 284.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 239.10 284.10 Td (years, ) Tj ET Q q 0 0 0 rg BT 264.53 284.10 Td (not ) Tj ET Q q 0 0 0 rg BT 279.13 284.10 Td (solely ) Tj ET Q q 0 0 0 rg BT 304.84 284.10 Td (on ) Tj ET Q q 0 0 0 rg BT 316.66 284.10 Td (business ) Tj ET Q q 0 0 0 rg BT 352.37 284.10 Td (that ) Tj ET Q q 0 0 0 rg BT 369.19 284.10 Td (is ) Tj ET Q q 0 0 0 rg BT 377.68 284.10 Td (currently ) Tj ET Q q 0 0 0 rg BT 415.60 284.10 Td (insured. ) Tj ET Q q 0 0 0 rg BT 449.36 284.10 Td (Calendar ) Tj ET Q q 0 0 0 rg BT 487.28 284.10 Td (year ) Tj ET Q q 0 0 0 rg BT 506.31 284.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 534.23 284.10 Td (consist ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.01 272.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 100.02 272.10 Td (and ) Tj ET Q q 0 0 0 rg BT 116.14 272.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 146.69 272.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 180.57 272.10 Td (that ) Tj ET Q q 0 0 0 rg BT 197.25 272.10 Td (have ) Tj ET Q q 0 0 0 rg BT 217.81 272.10 Td (been ) Tj ET Q q 0 0 0 rg BT 238.37 272.10 Td (recorded ) Tj ET Q q 0 0 0 rg BT 275.02 272.10 Td (in ) Tj ET Q q 0 0 0 rg BT 284.48 272.10 Td (the ) Tj ET Q q 0 0 0 rg BT 298.38 272.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 335.04 272.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 378.94 272.10 Td (during ) Tj ET Q q 0 0 0 rg BT 406.72 272.10 Td (the ) Tj ET Q q 0 0 0 rg BT 420.62 272.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 463.39 272.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 501.73 272.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 531.46 272.10 Td (without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (regard ) Tj ET Q q 0 0 0 rg BT 78.01 260.10 Td (to ) Tj ET Q q 0 0 0 rg BT 88.26 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 102.95 260.10 Td (period ) Tj ET Q q 0 0 0 rg BT 130.97 260.10 Td (in ) Tj ET Q q 0 0 0 rg BT 141.22 260.10 Td (which ) Tj ET Q q 0 0 0 rg BT 168.13 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 182.82 260.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 218.61 260.10 Td (occurred. ) Tj ET Q q 0 0 0 rg BT 258.56 260.10 Td (Calendar ) Tj ET Q q 0 0 0 rg BT 297.12 260.10 Td (year ) Tj ET Q q 0 0 0 rg BT 316.80 260.10 Td (results ) Tj ET Q q 0 0 0 rg BT 345.39 260.10 Td (do ) Tj ET Q q 0 0 0 rg BT 357.86 260.10 Td (not ) Tj ET Q q 0 0 0 rg BT 373.11 260.10 Td (change ) Tj ET Q q 0 0 0 rg BT 403.90 260.10 Td (after ) Tj ET Q q 0 0 0 rg BT 424.69 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 439.38 260.10 Td (end ) Tj ET Q q 0 0 0 rg BT 456.29 260.10 Td (of ) Tj ET Q q 0 0 0 rg BT 467.09 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 481.78 260.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 525.34 260.10 Td (reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (period, ) Tj ET Q q 0 0 0 rg BT 80.26 248.10 Td (even ) Tj ET Q q 0 0 0 rg BT 101.36 248.10 Td (as ) Tj ET Q q 0 0 0 rg BT 111.90 248.10 Td (new ) Tj ET Q q 0 0 0 rg BT 130.78 248.10 Td (claim ) Tj ET Q q 0 0 0 rg BT 155.21 248.10 Td (information ) Tj ET Q q 0 0 0 rg BT 204.64 248.10 Td (develops. ) Tj ET Q q 0 0 0 rg BT 244.90 248.10 Td ( ) Tj ET Q q 0 0 0 rg BT 246.63 248.10 Td (Accident ) Tj ET Q q 0 0 0 rg BT 284.94 248.10 Td (year ) Tj ET Q q 0 0 0 rg BT 304.36 248.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 332.68 248.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 362.68 248.10 Td (of ) Tj ET Q q 0 0 0 rg BT 373.23 248.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 413.77 248.10 Td (and ) Tj ET Q q 0 0 0 rg BT 430.42 248.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 461.51 248.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 495.93 248.10 Td (that ) Tj ET Q q 0 0 0 rg BT 513.14 248.10 Td (are ) Tj ET Q q 0 0 0 rg BT 527.57 248.10 Td (assigned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (to ) Tj ET Q q 0 0 0 rg BT 60.06 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 74.56 236.10 Td (period ) Tj ET Q q 0 0 0 rg BT 102.39 236.10 Td (in ) Tj ET Q q 0 0 0 rg BT 112.45 236.10 Td (which ) Tj ET Q q 0 0 0 rg BT 139.17 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 153.67 236.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 189.26 236.10 Td (occurred. ) Tj ET Q q 0 0 0 rg BT 228.51 236.10 Td (Accident ) Tj ET Q q 0 0 0 rg BT 266.89 236.10 Td (year ) Tj ET Q q 0 0 0 rg BT 286.38 236.10 Td (results ) Tj ET Q q 0 0 0 rg BT 314.77 236.10 Td (will ) Tj ET Q q 0 0 0 rg BT 332.60 236.10 Td (change ) Tj ET Q q 0 0 0 rg BT 363.20 236.10 Td (over ) Tj ET Q q 0 0 0 rg BT 383.25 236.10 Td (time ) Tj ET Q q 0 0 0 rg BT 403.31 236.10 Td (as ) Tj ET Q q 0 0 0 rg BT 413.92 236.10 Td (the ) Tj ET Q q 0 0 0 rg BT 428.42 236.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 467.91 236.10 Td (of ) Tj ET Q q 0 0 0 rg BT 478.52 236.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 506.91 236.10 Td (change ) Tj ET Q q 0 0 0 rg BT 537.51 236.10 Td (due ) Tj ET Q q 0 0 0 rg BT 554.23 236.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 90.83 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 107.76 224.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 139.13 224.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 173.84 224.10 Td (for ) Tj ET Q q 0 0 0 rg BT 188.00 224.10 Td (all ) Tj ET Q q 0 0 0 rg BT 200.49 224.10 Td (accidents ) Tj ET Q q 0 0 0 rg BT 240.20 224.10 Td (that ) Tj ET Q q 0 0 0 rg BT 257.69 224.10 Td (occurred ) Tj ET Q q 0 0 0 rg BT 295.17 224.10 Td (during ) Tj ET Q q 0 0 0 rg BT 323.77 224.10 Td (that ) Tj ET Q q 0 0 0 rg BT 341.27 224.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.57 207.10 Td (incurred ) Tj ET Q q 0 0 0 rg BT 104.92 207.10 Td (related ) Tj ET Q q 0 0 0 rg BT 135.14 207.10 Td (to ) Tj ET Q q 0 0 0 rg BT 145.95 207.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 168.41 207.10 Td (years ) Tj ET Q q 0 0 0 rg BT 192.54 207.10 Td (for ) Tj ET Q q 0 0 0 rg BT 207.22 207.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.47 207.10 Td (three ) Tj ET Q q 0 0 0 rg BT 245.48 207.10 Td (month ) Tj ET Q q 0 0 0 rg BT 274.06 207.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 306.53 207.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 333.43 207.10 Td (March ) Tj ET Q q 0 0 0 rg BT 362.56 207.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 378.08 207.10 Td (2018 ) Tj ET Q q 0 0 0 rg BT 401.11 207.10 Td (and ) Tj ET Q q 0 0 0 rg BT 418.57 207.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.57 207.10 Td ( ) Tj ET Q q 0 0 0 rg BT 441.60 207.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 481.84 207.10 Td (resulted ) Tj ET Q q 0 0 0 rg BT 516.52 207.10 Td (from ) Tj ET Q q 0 0 0 rg BT 538.32 207.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.01 207.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (participation ) Tj ET Q q 0 0 0 rg BT 104.15 195.10 Td (in ) Tj ET Q q 0 0 0 rg BT 115.55 195.10 Td (non-voluntary ) Tj ET Q q 0 0 0 rg BT 175.82 195.10 Td (assigned ) Tj ET Q q 0 0 0 rg BT 213.87 195.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 232.49 195.10 Td (pools ) Tj ET Q q 0 0 0 rg BT 257.77 195.10 Td (and ) Tj ET Q q 0 0 0 rg BT 275.83 195.10 Td (run-of) Tj ET Q q 0 0 0 rg BT 300.64 195.10 Td (f ) Tj ET Q q 0 0 0 rg BT 307.58 195.10 Td (commercial ) Tj ET Q q 0 0 0 rg BT 358.40 195.10 Td (auto. ) Tj ET Q q 0 0 0 rg BT 381.47 195.10 Td (The ) Tj ET Q q 0 0 0 rg BT 400.63 195.10 Td (provision ) Tj ET Q q 0 0 0 rg BT 442.02 195.10 Td (for ) Tj ET Q q 0 0 0 rg BT 457.30 195.10 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 488.13 195.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 517.85 195.10 Td (and ) Tj ET Q q 0 0 0 rg BT 535.91 195.10 Td (claims ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (adjustment ) Tj ET Q q 0 0 0 rg BT 96.32 183.10 Td (expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.86 183.10 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.27 183.10 Td ( ) Tj ET Q q 0 0 0 rg BT 176.71 183.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.15 183.10 Td (3.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.98 183.10 Td ( ) Tj ET Q q 0 0 0 rg BT 212.41 183.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.63 183.10 Td ($204.7 ) Tj ET Q q 0 0 0 rg BT 252.57 183.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.46 183.10 Td ( ) Tj ET Q q 0 0 0 rg BT 283.90 183.10 Td (as ) Tj ET Q q 0 0 0 rg BT 294.67 183.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.43 183.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 348.97 183.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.97 183.10 Td ( ) Tj ET Q q 0 0 0 rg BT 371.41 183.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 413.27 183.10 Td (to ) Tj ET Q q 0 0 0 rg BT 423.49 183.10 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.49 183.10 Td (21) Tj ET Q q 0 0 0 rg BT 438.12 183.10 Td (1.6 ) Tj ET Q q 0 0 0 rg BT 453.05 183.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.95 183.10 Td ( ) Tj ET Q q 0 0 0 rg BT 484.38 183.10 Td (as ) Tj ET Q q 0 0 0 rg BT 495.15 183.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.92 183.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 171.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.37 171.10 Td (as ) Tj ET Q q 0 0 0 rg BT 83.08 171.10 Td (a ) Tj ET Q q 0 0 0 rg BT 89.89 171.10 Td (result ) Tj ET Q q 0 0 0 rg BT 114.48 171.10 Td (of ) Tj ET Q q 0 0 0 rg BT 125.18 171.10 Td (claim ) Tj ET Q q 0 0 0 rg BT 149.77 171.10 Td (settlement ) Tj ET Q q 0 0 0 rg BT 193.24 171.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 231.71 171.10 Td (on ) Tj ET Q q 0 0 0 rg BT 244.08 171.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 265.89 171.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 301.58 171.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 327.55 171.10 Td (Open ) Tj ET Q q 0 0 0 rg BT 351.58 171.10 Td (inventory ) Tj ET Q q 0 0 0 rg BT 392.28 171.10 Td (for ) Tj ET Q q 0 0 0 rg BT 406.31 171.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 442.00 171.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 470.48 171.10 Td (on ) Tj ET Q q 0 0 0 rg BT 482.85 171.10 Td (accident ) Tj ET Q q 0 0 0 rg BT 518.54 171.10 Td (years ) Tj ET Q q 0 0 0 rg BT 542.01 171.10 Td (2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 159.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 88.88 159.10 Td (as ) Tj ET Q q 0 0 0 rg BT 99.71 159.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.54 159.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 154.14 159.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.14 159.10 Td ( ) Tj ET Q q 0 0 0 rg BT 176.64 159.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.81 159.10 Td (1) Tj ET Q q 0 0 0 rg BT 190.43 159.10 Td (1,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.93 159.10 Td ( ) Tj ET Q q 0 0 0 rg BT 215.43 159.10 Td (compared ) Tj ET Q q 0 0 0 rg BT 257.36 159.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.64 159.10 Td (13,872) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.14 159.10 Td ( ) Tj ET Q q 0 0 0 rg BT 297.64 159.10 Td (as ) Tj ET Q q 0 0 0 rg BT 308.47 159.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.30 159.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 377.88 159.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.88 159.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Contractual ) Tj ET Q q 0 0 0 rg BT 104.16 142.10 Td (Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 125.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.36 125.10 Td (have ) Tj ET Q q 0 0 0 rg BT 96.28 125.10 Td (been ) Tj ET Q q 0 0 0 rg BT 117.20 125.10 Td (no ) Tj ET Q q 0 0 0 rg BT 129.24 125.10 Td (material ) Tj ET Q q 0 0 0 rg BT 164.04 125.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 198.29 125.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.11 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 222.37 125.10 Td (contractual ) Tj ET Q q 0 0 0 rg BT 268.83 125.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 315.32 125.10 Td (that ) Tj ET Q q 0 0 0 rg BT 332.35 125.10 Td (were ) Tj ET Q q 0 0 0 rg BT 353.83 125.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 394.20 125.10 Td (in ) Tj ET Q q 0 0 0 rg BT 404.02 125.10 Td (Part ) Tj ET Q q 0 0 0 rg BT 422.17 125.10 Td (II, ) Tj ET Q q 0 0 0 rg BT 433.37 125.10 Td (Item ) Tj ET Q q 0 0 0 rg BT 453.74 125.10 Td (7 ) Tj ET Q q 0 0 0 rg BT 460.78 125.10 Td (of ) Tj ET Q q 0 0 0 rg BT 471.16 125.10 Td (the ) Tj ET Q q 0 0 0 rg BT 485.42 125.10 Td (Company) Tj ET Q q 0 0 0 rg BT 527.08 125.10 Td (s ) Tj ET Q q 0 0 0 rg BT 532.56 125.10 Td (Annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.10 Td (Report ) Tj ET Q q 0 0 0 rg BT 79.72 113.10 Td (on ) Tj ET Q q 0 0 0 rg BT 92.22 113.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 116.39 113.10 Td (10-K ) Tj ET Q q 0 0 0 rg BT 139.44 113.10 Td (for ) Tj ET Q q 0 0 0 rg BT 153.60 113.10 Td (the ) Tj ET Q q 0 0 0 rg BT 168.32 113.10 Td (year ) Tj ET Q q 0 0 0 rg BT 188.02 113.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.40 113.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 272.98 113.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.98 113.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (Off-balance ) Tj ET Q q 0 0 0 rg BT 103.05 96.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 127.21 96.10 Td (arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.10 Td (As ) Tj ET Q q 0 0 0 rg BT 63.61 79.10 Td (of) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.94 79.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 79.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 118.04 79.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.04 79.10 Td (, ) Tj ET Q q 0 0 0 rg BT 143.04 79.10 Td (we ) Tj ET Q q 0 0 0 rg BT 157.20 79.10 Td (did ) Tj ET Q q 0 0 0 rg BT 172.48 79.10 Td (not ) Tj ET Q q 0 0 0 rg BT 187.76 79.10 Td (have ) Tj ET Q q 0 0 0 rg BT 209.14 79.10 Td (any ) Tj ET Q q 0 0 0 rg BT 226.07 79.10 Td (material ) Tj ET Q q 0 0 0 rg BT 261.33 79.10 Td (of) Tj ET Q q 0 0 0 rg BT 269.48 79.10 Td (f-balance ) Tj ET Q q 0 0 0 rg BT 309.17 79.10 Td (sheet ) Tj ET Q q 0 0 0 rg BT 332.22 79.10 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 388.58 79.10 Td (as ) Tj ET Q q 0 0 0 rg BT 399.41 79.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 431.90 79.10 Td (by ) Tj ET Q q 0 0 0 rg BT 444.40 79.10 Td (SEC ) Tj ET Q q 0 0 0 rg BT 465.24 79.10 Td (rules.) 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604.75 m 461.5 604.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 604.75 m 561.5 604.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 699.43 Td (As of: \($ in 000s, except for) Tj ET Q q 0 0 0 rg BT 170.96 699.43 Td ( shar) Tj ET Q q 0 0 0 rg BT 192.17 699.43 Td (e and per) Tj ET Q q 0 0 0 rg BT 231.99 699.43 Td ( shar) Tj ET Q q 0 0 0 rg BT 253.20 699.43 Td (e data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.90 699.43 Td (Mar) Tj ET Q q 0 0 0 rg BT 396.69 699.43 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 699.43 Td (December) Tj ET Q q 0 0 0 rg BT 513.77 699.43 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 684.42 Td (Shareholders) Tj ET Q q 0 0 0 rg BT 107.17 684.42 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 684.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 684.42 Td (91,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 684.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 684.42 Td (90,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 669.42 Td (Less: ) Tj ET Q q 0 0 0 rg BT 75.33 669.42 Td (Accumulated dividends on preferred stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 669.42 Td (333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 669.42 Td (333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 654.42 Td (Common equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 654.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 654.42 Td (91,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 654.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 654.42 Td (90,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 639.42 Td (Common shares:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 624.42 Td (Common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 624.42 Td (1) Tj ET Q q 0 0 0 rg BT 417.65 624.42 Td (1,936,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 624.42 Td (12,164,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 609.42 Td (Restricted stock units \(RSUs\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 609.42 Td (7,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 609.42 Td (14,816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 594.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.76 594.42 Td (otal common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 594.42 Td (1) Tj ET Q q 0 0 0 rg BT 417.65 594.42 Td (1,944,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 594.42 Td (12,178,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 579.42 Td (Book value per common share outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 579.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 579.42 Td (7.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 579.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 579.42 Td (7.42) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (Y) Tj ET Q q 0 0 0 rg BT 56.22 558.25 Td (ear) Tj ET Q q 0 0 0 rg BT 68.23 558.25 Td (-to-date ) Tj ET Q q 0 0 0 rg BT 101.75 558.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.96 558.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.96 558.25 Td (, ) Tj ET Q q 0 0 0 rg BT 136.89 558.25 Td (book ) Tj ET Q q 0 0 0 rg BT 159.32 558.25 Td (value ) Tj ET Q q 0 0 0 rg BT 183.40 558.25 Td (per ) Tj ET Q q 0 0 0 rg BT 198.60 558.25 Td (common ) Tj ET Q q 0 0 0 rg BT 236.02 558.25 Td (share ) Tj ET Q q 0 0 0 rg BT 259.55 558.25 Td (increased ) Tj ET Q q 0 0 0 rg BT 299.73 558.25 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.16 558.25 Td ($0.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.66 558.25 Td ( ) Tj ET Q q 0 0 0 rg BT 337.09 558.25 Td (relative ) Tj ET Q q 0 0 0 rg BT 369.50 558.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.71 558.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 438.22 558.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.22 558.25 Td ( ) Tj ET Q q 0 0 0 rg BT 460.65 558.25 Td (as ) Tj ET Q q 0 0 0 rg BT 471.41 558.25 Td (follows: ) Tj ET Q q 0 0 0 rg BT 506.62 558.25 Td (an ) Tj ET Q q 0 0 0 rg BT 518.49 558.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 553.67 558.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td ($0.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 546.25 Td ( ) Tj ET Q q 0 0 0 rg BT 75.42 546.25 Td (related ) Tj ET Q q 0 0 0 rg BT 105.55 546.25 Td (to ) Tj ET Q q 0 0 0 rg BT 116.25 546.25 Td (net ) Tj ET Q q 0 0 0 rg BT 131.39 546.25 Td (income ) Tj ET Q q 0 0 0 rg BT 163.74 546.25 Td (after ) Tj ET Q q 0 0 0 rg BT 184.98 546.25 Td (tax, ) Tj ET Q q 0 0 0 rg BT 202.62 546.25 Td (a ) Tj ET Q q 0 0 0 rg BT 209.98 546.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 247.32 546.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.57 546.25 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.07 546.25 Td ( ) Tj ET Q q 0 0 0 rg BT 283.99 546.25 Td (related ) Tj ET Q q 0 0 0 rg BT 314.12 546.25 Td (to ) Tj ET Q q 0 0 0 rg BT 324.82 546.25 Td (the ) Tj ET Q q 0 0 0 rg BT 339.96 546.25 Td (change ) Tj ET Q q 0 0 0 rg BT 371.19 546.25 Td (in ) Tj ET Q q 0 0 0 rg BT 381.89 546.25 Td (fair ) Tj ET Q q 0 0 0 rg BT 398.69 546.25 Td (value ) Tj ET Q q 0 0 0 rg BT 423.27 546.25 Td (of ) Tj ET Q q 0 0 0 rg BT 434.52 546.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 462.44 546.25 Td (securities, ) Tj ET Q q 0 0 0 rg BT 505.63 546.25 Td (an ) Tj ET Q q 0 0 0 rg BT 517.99 546.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 553.66 546.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td ($0.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 534.25 Td ( ) Tj ET Q q 0 0 0 rg BT 74.97 534.25 Td (related ) Tj ET Q q 0 0 0 rg BT 104.65 534.25 Td (to ) Tj ET Q q 0 0 0 rg BT 114.90 534.25 Td (realized ) Tj ET Q q 0 0 0 rg BT 149.01 534.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 195.36 534.25 Td (gains ) Tj ET Q q 0 0 0 rg BT 218.94 534.25 Td (after ) Tj ET Q q 0 0 0 rg BT 239.73 534.25 Td (tax, ) Tj ET Q q 0 0 0 rg BT 256.92 534.25 Td (a ) Tj ET Q q 0 0 0 rg BT 263.83 534.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 300.72 534.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.52 534.25 Td ($0.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.02 534.25 Td ( ) Tj ET Q q 0 0 0 rg BT 336.49 534.25 Td (related ) Tj ET Q q 0 0 0 rg BT 366.17 534.25 Td (to ) Tj ET Q q 0 0 0 rg BT 376.42 534.25 Td (the ) Tj ET Q q 0 0 0 rg BT 391.11 534.25 Td (change ) Tj ET Q q 0 0 0 rg BT 421.89 534.25 Td (in ) Tj ET Q q 0 0 0 rg BT 432.14 534.25 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 476.26 534.25 Td (gains/losses ) Tj ET Q q 0 0 0 rg BT 526.51 534.25 Td (after ) Tj ET Q q 0 0 0 rg BT 547.29 534.25 Td (tax, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (a ) Tj ET Q q 0 0 0 rg BT 57.51 522.25 Td (net ) Tj ET Q q 0 0 0 rg BT 72.80 522.25 Td (decrease ) Tj ET Q q 0 0 0 rg BT 110.28 522.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.68 522.25 Td ($0.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.18 522.25 Td ( ) Tj ET Q q 0 0 0 rg BT 147.25 522.25 Td (related ) Tj ET Q q 0 0 0 rg BT 177.52 522.25 Td (to ) Tj ET Q q 0 0 0 rg BT 188.37 522.25 Td (share ) Tj ET Q q 0 0 0 rg BT 212.54 522.25 Td (repurchases, ) Tj ET Q q 0 0 0 rg BT 265.31 522.25 Td (and ) Tj ET Q q 0 0 0 rg BT 282.82 522.25 Td (a ) Tj ET Q q 0 0 0 rg BT 290.33 522.25 Td (net ) Tj ET Q q 0 0 0 rg BT 305.61 522.25 Td (increase ) Tj ET Q q 0 0 0 rg BT 341.44 522.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.84 522.25 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.34 522.25 Td ( ) Tj ET Q q 0 0 0 rg BT 378.41 522.25 Td (related ) Tj ET Q q 0 0 0 rg BT 408.68 522.25 Td (to ) Tj ET Q q 0 0 0 rg BT 419.53 522.25 Td (share-based ) Tj ET Q q 0 0 0 rg BT 469.80 522.25 Td (compensation ) Tj ET Q q 0 0 0 rg BT 528.41 522.25 Td (impacts. ) Tj ET Q q 0 0 0 rg BT 564.51 522.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (These ) Tj ET Q q 0 0 0 rg BT 76.57 510.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 111.48 510.25 Td (are ) Tj ET Q q 0 0 0 rg BT 126.38 510.25 Td (attributed ) Tj ET Q q 0 0 0 rg BT 167.40 510.25 Td (to ) Tj ET Q q 0 0 0 rg BT 177.88 510.25 Td (the ) Tj ET Q q 0 0 0 rg BT 192.79 510.25 Td (combined ) Tj ET Q q 0 0 0 rg BT 234.92 510.25 Td (ef) Tj ET Q q 0 0 0 rg BT 242.51 510.25 Td (fects ) Tj ET Q q 0 0 0 rg BT 264.09 510.25 Td (of ) Tj ET Q q 0 0 0 rg BT 275.11 510.25 Td (the ) Tj ET Q q 0 0 0 rg BT 290.03 510.25 Td (reasons ) Tj ET Q q 0 0 0 rg BT 322.72 510.25 Td (cited ) Tj ET Q q 0 0 0 rg BT 344.85 510.25 Td (in ) Tj ET Q q 0 0 0 rg BT 355.32 510.25 Td (the ) Tj ET Q q 0 0 0 rg BT 370.24 510.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 390.71 510.25 Td (Premiums ) Tj ET Q q 0 0 0 rg BT 433.96 510.25 Td (Earned, ) Tj ET Q q 0 0 0 rg BT 470.80 510.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 491.27 510.25 Td (Claims ) Tj ET Q q 0 0 0 rg BT 522.30 510.25 Td (Incurred, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 102.53 498.25 Td (Costs ) Tj ET Q q 0 0 0 rg BT 127.29 498.25 Td (and ) Tj ET Q q 0 0 0 rg BT 144.26 498.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 169.56 498.25 Td (Underwriting ) Tj ET Q q 0 0 0 rg BT 225.96 498.25 Td (Expenses, ) Tj ET Q q 0 0 0 rg BT 272.09 498.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 292.39 498.25 Td (Investment ) Tj ET Q q 0 0 0 rg BT 339.36 498.25 Td (Income, ) Tj ET Q q 0 0 0 rg BT 377.70 498.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 413.55 498.25 Td (Expense, ) Tj ET Q q 0 0 0 rg BT 455.79 498.25 Td (Loss ) Tj ET Q q 0 0 0 rg BT 480.54 498.25 Td (from ) Tj ET Q q 0 0 0 rg BT 502.51 498.25 Td (Change ) Tj ET Q q 0 0 0 rg BT 535.59 498.25 Td (in ) Tj ET Q q 0 0 0 rg BT 545.90 498.25 Td (Fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (V) Tj ET Q q 0 0 0 rg BT 56.11 486.25 Td (alue ) Tj ET Q q 0 0 0 rg BT 75.06 486.25 Td (of ) Tj ET Q q 0 0 0 rg BT 85.69 486.25 Td (Equity ) Tj ET Q q 0 0 0 rg BT 114.65 486.25 Td (Securities, ) Tj ET Q q 0 0 0 rg BT 162.20 486.25 Td (Net ) Tj ET Q q 0 0 0 rg BT 182.27 486.25 Td (Realized ) Tj ET Q q 0 0 0 rg BT 219.54 486.25 Td (Investment ) Tj ET Q q 0 0 0 rg BT 266.27 486.25 Td (Gains, ) Tj ET Q q 0 0 0 rg BT 297.72 486.25 Td (and ) Tj ET Q q 0 0 0 rg BT 314.45 486.25 Td (Other ) Tj ET Q q 0 0 0 rg BT 342.85 486.25 Td (Income) Tj ET Q q 0 0 0 rg BT 375.42 486.25 Td ( ) Tj ET Q q 0 0 0 rg BT 377.71 486.25 Td (subsections ) Tj ET Q q 0 0 0 rg BT 426.12 486.25 Td (of ) Tj ET Q q 0 0 0 rg BT 436.74 486.25 Td (the ) Tj ET Q q 0 0 0 rg BT 451.25 486.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 496.86 486.25 Td (Results) Tj ET Q q 0 0 0 rg BT 528.90 486.25 Td ( ) Tj ET Q q 0 0 0 rg BT 531.19 486.25 Td (section.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 469.25 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 92.52 469.25 Td (and ) Tj ET Q q 0 0 0 rg BT 111.14 469.25 Td (Capital ) Tj ET Q q 0 0 0 rg BT 145.31 469.25 Td (Resour) Tj ET Q q 0 0 0 rg BT 175.68 469.25 Td (ces) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 452.25 Td (Liquidity ) Tj ET Q q 0 0 0 rg BT 94.33 452.25 Td (Management) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.43 452.25 Td ( ) Tj ET Q q 0 0 0 rg BT 154.74 452.25 Td (- ) Tj ET Q q 0 0 0 rg BT 162.07 452.25 Td (The ) Tj ET Q q 0 0 0 rg BT 181.93 452.25 Td (purpose ) Tj ET Q q 0 0 0 rg BT 217.90 452.25 Td (of ) Tj ET Q q 0 0 0 rg BT 230.54 452.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 268.75 452.25 Td (management ) Tj ET Q q 0 0 0 rg BT 324.15 452.25 Td (is ) Tj ET Q q 0 0 0 rg BT 335.13 452.25 Td (to ) Tj ET Q q 0 0 0 rg BT 347.22 452.25 Td (ensure ) Tj ET Q q 0 0 0 rg BT 377.63 452.25 Td (there ) Tj ET Q q 0 0 0 rg BT 401.92 452.25 Td (is ) Tj ET Q q 0 0 0 rg BT 412.91 452.25 Td (suf) Tj ET Q q 0 0 0 rg BT 424.95 452.25 Td (ficient ) Tj ET Q q 0 0 0 rg BT 454.80 452.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 476.88 452.25 Td (to ) Tj ET Q q 0 0 0 rg BT 488.97 452.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 512.72 452.25 Td (all ) Tj ET Q q 0 0 0 rg BT 527.02 452.25 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.25 Td (commitments ) Tj ET Q q 0 0 0 rg BT 106.44 440.25 Td (and ) Tj ET Q q 0 0 0 rg BT 122.87 440.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 169.31 440.25 Td (as ) Tj ET Q q 0 0 0 rg BT 179.64 440.25 Td (they ) Tj ET Q q 0 0 0 rg BT 198.85 440.25 Td (become ) Tj ET Q q 0 0 0 rg BT 231.94 440.25 Td (due. ) Tj ET Q q 0 0 0 rg BT 250.73 440.25 Td (The ) Tj ET Q q 0 0 0 rg BT 268.28 440.25 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 304.17 440.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 358.37 440.25 Td (of ) Tj ET Q q 0 0 0 rg BT 368.25 440.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 391.95 440.25 Td ( ) Tj ET Q q 0 0 0 rg BT 393.95 440.25 Td (business ) Tj ET Q q 0 0 0 rg BT 429.83 440.25 Td (have ) Tj ET Q q 0 0 0 rg BT 450.71 440.25 Td (been ) Tj ET Q q 0 0 0 rg BT 471.58 440.25 Td (met ) Tj ET Q q 0 0 0 rg BT 488.57 440.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 527.78 440.25 Td (by ) Tj ET Q q 0 0 0 rg BT 539.78 440.25 Td (funds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.25 Td (generated ) Tj ET Q q 0 0 0 rg BT 90.85 428.25 Td (from ) Tj ET Q q 0 0 0 rg BT 112.28 428.25 Td (operations, ) Tj ET Q q 0 0 0 rg BT 158.43 428.25 Td (asset ) Tj ET Q q 0 0 0 rg BT 179.86 428.25 Td (maturities ) Tj ET Q q 0 0 0 rg BT 221.84 428.25 Td (and ) Tj ET Q q 0 0 0 rg BT 238.27 428.25 Td (income ) Tj ET Q q 0 0 0 rg BT 269.70 428.25 Td (and ) Tj ET Q q 0 0 0 rg BT 286.13 428.25 Td (other ) Tj ET Q q 0 0 0 rg BT 308.66 428.25 Td (returns ) Tj ET Q q 0 0 0 rg BT 338.42 428.25 Td (received ) Tj ET Q q 0 0 0 rg BT 374.28 428.25 Td (on ) Tj ET Q q 0 0 0 rg BT 386.27 428.25 Td (securities. ) Tj ET Q q 0 0 0 rg BT 428.52 428.25 Td (Cash ) Tj ET Q q 0 0 0 rg BT 450.51 428.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 488.05 428.25 Td (from ) Tj ET Q q 0 0 0 rg BT 509.48 428.25 Td (these ) Tj ET Q q 0 0 0 rg BT 532.02 428.25 Td (sources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.25 Td (is ) Tj ET Q q 0 0 0 rg BT 58.51 416.25 Td (used ) Tj ET Q q 0 0 0 rg BT 78.67 416.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 117.72 416.25 Td (for ) Tj ET Q q 0 0 0 rg BT 131.22 416.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 167.49 416.25 Td (of ) Tj ET Q q 0 0 0 rg BT 177.66 416.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 205.60 416.25 Td (and ) Tj ET Q q 0 0 0 rg BT 221.88 416.25 Td (operating ) Tj ET Q q 0 0 0 rg BT 261.48 416.25 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 301.51 416.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 324.45 416.25 Td (may ) Tj ET Q q 0 0 0 rg BT 343.51 416.25 Td (also ) Tj ET Q q 0 0 0 rg BT 361.45 416.25 Td (use ) Tj ET Q q 0 0 0 rg BT 376.62 416.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 396.23 416.25 Td (provided ) Tj ET Q q 0 0 0 rg BT 433.61 416.25 Td (from ) Tj ET Q q 0 0 0 rg BT 454.89 416.25 Td (these ) Tj ET Q q 0 0 0 rg BT 477.27 416.25 Td (sources ) Tj ET Q q 0 0 0 rg BT 509.10 416.25 Td (to ) Tj ET Q q 0 0 0 rg BT 518.72 416.25 Td (repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td (common ) Tj ET Q q 0 0 0 rg BT 87.50 404.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 114.99 404.25 Td (in ) Tj ET Q q 0 0 0 rg BT 125.26 404.25 Td (open ) Tj ET Q q 0 0 0 rg BT 147.20 404.25 Td (market ) Tj ET Q q 0 0 0 rg BT 177.47 404.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 227.73 404.25 Td (under ) Tj ET Q q 0 0 0 rg BT 253.00 404.25 Td (the ) Tj ET Q q 0 0 0 rg BT 267.71 404.25 Td (new ) Tj ET Q q 0 0 0 rg BT 286.88 404.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 312.14 404.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 361.29 404.25 Td (Program. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (As ) Tj ET Q q 0 0 0 rg BT 63.15 387.25 Td (a ) Tj ET Q q 0 0 0 rg BT 69.63 387.25 Td (holding ) Tj ET Q q 0 0 0 rg BT 102.22 387.25 Td (company) Tj ET Q q 0 0 0 rg BT 138.23 387.25 Td (, ) Tj ET Q q 0 0 0 rg BT 142.31 387.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 165.46 387.25 Td (may ) Tj ET Q q 0 0 0 rg BT 184.72 387.25 Td (derive ) Tj ET Q q 0 0 0 rg BT 211.74 387.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 231.54 387.25 Td (from ) Tj ET Q q 0 0 0 rg BT 253.02 387.25 Td (its ) Tj ET Q q 0 0 0 rg BT 264.51 387.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 313.76 387.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 353.00 387.25 Td (in ) Tj ET Q q 0 0 0 rg BT 362.82 387.25 Td (the ) Tj ET Q q 0 0 0 rg BT 377.07 387.25 Td (form ) Tj ET Q q 0 0 0 rg BT 398.55 387.25 Td (of ) Tj ET Q q 0 0 0 rg BT 408.91 387.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 449.84 387.25 Td (and ) Tj ET Q q 0 0 0 rg BT 466.31 387.25 Td (in ) Tj ET Q q 0 0 0 rg BT 476.13 387.25 Td (the ) Tj ET Q q 0 0 0 rg BT 490.39 387.25 Td (future ) Tj ET Q q 0 0 0 rg BT 516.30 387.25 Td (may ) Tj ET Q q 0 0 0 rg BT 535.55 387.25 Td (char) Tj ET Q q 0 0 0 rg BT 552.58 387.25 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.25 Td (management ) Tj ET Q q 0 0 0 rg BT 103.18 375.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 121.37 375.25 Td (to ) Tj ET Q q 0 0 0 rg BT 131.23 375.25 Td (the ) Tj ET Q q 0 0 0 rg BT 145.54 375.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 172.06 375.25 Td (allowed ) Tj ET Q q 0 0 0 rg BT 205.80 375.25 Td (by ) Tj ET Q q 0 0 0 rg BT 217.89 375.25 Td (statute ) Tj ET Q q 0 0 0 rg BT 246.09 375.25 Td (or ) Tj ET Q q 0 0 0 rg BT 256.50 375.25 Td (other ) Tj ET Q q 0 0 0 rg BT 279.14 375.25 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 322.32 375.25 Td (approval ) Tj ET Q q 0 0 0 rg BT 359.40 375.25 Td (requirements ) Tj ET Q q 0 0 0 rg BT 413.69 375.25 Td (to ) Tj ET Q q 0 0 0 rg BT 423.56 375.25 Td (meet ) Tj ET Q q 0 0 0 rg BT 445.08 375.25 Td (its ) Tj ET Q q 0 0 0 rg BT 456.62 375.25 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 505.50 375.25 Td (The ) Tj ET Q q 0 0 0 rg BT 523.13 375.25 Td (Insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 101.16 363.25 Td (fund ) Tj ET Q q 0 0 0 rg BT 121.76 363.25 Td (their ) Tj ET Q q 0 0 0 rg BT 142.35 363.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 189.07 363.25 Td (primarily ) Tj ET Q q 0 0 0 rg BT 228.55 363.25 Td (through ) Tj ET Q q 0 0 0 rg BT 261.93 363.25 Td (premium ) Tj ET Q q 0 0 0 rg BT 300.30 363.25 Td (and ) Tj ET Q q 0 0 0 rg BT 317.01 363.25 Td (investment ) Tj ET Q q 0 0 0 rg BT 363.16 363.25 Td (income ) Tj ET Q q 0 0 0 rg BT 394.87 363.25 Td (and ) Tj ET Q q 0 0 0 rg BT 411.58 363.25 Td (maturities ) Tj ET Q q 0 0 0 rg BT 453.84 363.25 Td (in ) Tj ET Q q 0 0 0 rg BT 463.89 363.25 Td (their ) Tj ET Q q 0 0 0 rg BT 484.48 363.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 524.52 363.25 Td (portfolio. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (Refer ) Tj ET Q q 0 0 0 rg BT 73.58 351.25 Td (also ) Tj ET Q q 0 0 0 rg BT 91.05 351.25 Td (to ) Tj ET Q q 0 0 0 rg BT 100.20 351.25 Td (the ) Tj ET Q q 0 0 0 rg BT 113.79 351.25 Td (discussion ) Tj ET Q q 0 0 0 rg BT 156.83 351.25 Td (above ) Tj ET Q q 0 0 0 rg BT 182.08 351.25 Td (in ) Tj ET Q q 0 0 0 rg BT 191.22 351.25 Td (the ) Tj ET Q q 0 0 0 rg BT 204.81 351.25 Td (Investments ) Tj ET Q q 0 0 0 rg BT 257.83 351.25 Td (Overview ) Tj ET Q q 0 0 0 rg BT 298.63 351.25 Td (and ) Tj ET Q q 0 0 0 rg BT 314.44 351.25 Td (Strategy) Tj ET Q q 0 0 0 rg BT 350.35 351.25 Td ( ) Tj ET Q q 0 0 0 rg BT 351.72 351.25 Td (section. ) Tj ET Q q 0 0 0 rg BT 383.82 351.25 Td (The ) Tj ET Q q 0 0 0 rg BT 400.74 351.25 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 440.97 351.25 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 491.23 351.25 Td (require ) Tj ET Q q 0 0 0 rg BT 520.91 351.25 Td (regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.25 Td (approval ) Tj ET Q q 0 0 0 rg BT 86.96 339.25 Td (for ) Tj ET Q q 0 0 0 rg BT 100.59 339.25 Td (the ) Tj ET Q q 0 0 0 rg BT 114.78 339.25 Td (return ) Tj ET Q q 0 0 0 rg BT 140.63 339.25 Td (of ) Tj ET Q q 0 0 0 rg BT 150.93 339.25 Td (capital ) Tj ET Q q 0 0 0 rg BT 179.55 339.25 Td (and, ) Tj ET Q q 0 0 0 rg BT 198.46 339.25 Td (in ) Tj ET Q q 0 0 0 rg BT 208.21 339.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 237.38 339.25 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 298.50 339.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 334.90 339.25 Td (of ) Tj ET Q q 0 0 0 rg BT 345.20 339.25 Td (dividends. ) Tj ET Q q 0 0 0 rg BT 388.56 339.25 Td (In ) Tj ET Q q 0 0 0 rg BT 398.86 339.25 Td (the ) Tj ET Q q 0 0 0 rg BT 413.05 339.25 Td (event ) Tj ET Q q 0 0 0 rg BT 436.68 339.25 Td (that ) Tj ET Q q 0 0 0 rg BT 453.65 339.25 Td (dividends ) Tj ET Q q 0 0 0 rg BT 494.50 339.25 Td (and ) Tj ET Q q 0 0 0 rg BT 510.91 339.25 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 68.49 327.25 Td (available ) Tj ET Q q 0 0 0 rg BT 106.98 327.25 Td (to ) Tj ET Q q 0 0 0 rg BT 117.15 327.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.76 327.25 Td (holding ) Tj ET Q q 0 0 0 rg BT 164.71 327.25 Td (company ) Tj ET Q q 0 0 0 rg BT 203.76 327.25 Td (are ) Tj ET Q q 0 0 0 rg BT 218.37 327.25 Td (inadequate ) Tj ET Q q 0 0 0 rg BT 264.07 327.25 Td (to ) Tj ET Q q 0 0 0 rg BT 274.25 327.25 Td (service ) Tj ET Q q 0 0 0 rg BT 304.96 327.25 Td (its ) Tj ET Q q 0 0 0 rg BT 316.80 327.25 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 366.14 327.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.75 327.25 Td (holding ) Tj ET Q q 0 0 0 rg BT 413.70 327.25 Td (company ) Tj ET Q q 0 0 0 rg BT 452.75 327.25 Td (would ) Tj ET Q q 0 0 0 rg BT 480.15 327.25 Td (need ) Tj ET Q q 0 0 0 rg BT 501.42 327.25 Td (to ) Tj ET Q q 0 0 0 rg BT 511.59 327.25 Td (raise ) Tj ET Q q 0 0 0 rg BT 532.86 327.25 Td (capital, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 66.39 315.25 Td (assets ) Tj ET Q q 0 0 0 rg BT 92.22 315.25 Td (or ) Tj ET Q q 0 0 0 rg BT 103.05 315.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 126.09 315.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 145.81 315.25 Td (obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (On ) Tj ET Q q 0 0 0 rg BT 63.49 298.25 Td (April ) Tj ET Q q 0 0 0 rg BT 86.23 298.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 100.35 298.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 124.12 298.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 146.86 298.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.48 298.25 Td ($25 ) Tj ET Q q 0 0 0 rg BT 190.11 298.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.00 298.25 Td ( ) Tj ET Q q 0 0 0 rg BT 220.63 298.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.59 298.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.14 298.25 Td (-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 298.25 Td (6.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.13 298.25 Td ( ) Tj ET Q q 0 0 0 rg BT 300.76 298.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 326.82 298.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 368.99 298.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 391.72 298.25 Td (and ) Tj ET Q q 0 0 0 rg BT 407.79 298.25 Td (received ) Tj ET Q q 0 0 0 rg BT 443.28 298.25 Td (net ) Tj ET Q q 0 0 0 rg BT 457.12 298.25 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 494.29 298.25 Td (of ) Tj ET Q q 0 0 0 rg BT 504.25 298.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td ($23.9 ) Tj ET Q q 0 0 0 rg BT 74.14 286.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.03 286.25 Td ( ) Tj ET Q q 0 0 0 rg BT 104.67 286.25 Td (after ) Tj ET Q q 0 0 0 rg BT 124.62 286.25 Td (deducting ) Tj ET Q q 0 0 0 rg BT 165.69 286.25 Td (underwriting ) Tj ET Q q 0 0 0 rg BT 218.98 286.25 Td (discounts ) Tj ET Q q 0 0 0 rg BT 258.40 286.25 Td (and ) Tj ET Q q 0 0 0 rg BT 274.47 286.25 Td (commissions ) Tj ET Q q 0 0 0 rg BT 328.34 286.25 Td (and ) Tj ET Q q 0 0 0 rg BT 344.41 286.25 Td (other ) Tj ET Q q 0 0 0 rg BT 366.60 286.25 Td (estimated ) Tj ET Q q 0 0 0 rg BT 406.55 286.25 Td (of) Tj ET Q q 0 0 0 rg BT 414.70 286.25 Td (fering ) Tj ET Q q 0 0 0 rg BT 440.22 286.25 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 480.45 286.25 Td (Interest ) Tj ET Q q 0 0 0 rg BT 512.08 286.25 Td (on ) Tj ET Q q 0 0 0 rg BT 523.71 286.25 Td (the ) Tj ET Q q 0 0 0 rg BT 537.57 286.25 Td (senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 93.47 274.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 117.51 274.25 Td (is ) Tj ET Q q 0 0 0 rg BT 127.11 274.25 Td (payable ) Tj ET Q q 0 0 0 rg BT 161.14 274.25 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 200.16 274.25 Td (on ) Tj ET Q q 0 0 0 rg BT 213.10 274.25 Td (each ) Tj ET Q q 0 0 0 rg BT 234.34 274.25 Td (January ) Tj ET Q q 0 0 0 rg BT 268.37 274.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 283.16 274.25 Td (April ) Tj ET Q q 0 0 0 rg BT 307.20 274.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 322.63 274.25 Td (July ) Tj ET Q q 0 0 0 rg BT 342.23 274.25 Td (26 ) Tj ET Q q 0 0 0 rg BT 355.17 274.25 Td (and ) Tj ET Q q 0 0 0 rg BT 372.54 274.25 Td (October ) Tj ET Q q 0 0 0 rg BT 407.68 274.25 Td (26. ) Tj ET Q q 0 0 0 rg BT 422.46 274.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 446.50 274.25 Td (may) Tj ET Q q 0 0 0 rg BT 463.07 274.25 Td (, ) Tj ET Q q 0 0 0 rg BT 468.50 274.25 Td (at ) Tj ET Q q 0 0 0 rg BT 478.65 274.25 Td (its ) Tj ET Q q 0 0 0 rg BT 491.03 274.25 Td (option, ) Tj ET Q q 0 0 0 rg BT 522.02 274.25 Td (beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (with ) Tj ET Q q 0 0 0 rg BT 69.33 262.25 Td (the ) Tj ET Q q 0 0 0 rg BT 83.09 262.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 114.08 262.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 150.06 262.25 Td (date ) Tj ET Q q 0 0 0 rg BT 168.26 262.25 Td (of ) Tj ET Q q 0 0 0 rg BT 177.80 262.25 Td (April ) Tj ET Q q 0 0 0 rg BT 200.46 262.25 Td (26, ) Tj ET Q q 0 0 0 rg BT 214.51 262.25 Td (2020, ) Tj ET Q q 0 0 0 rg BT 238.56 262.25 Td (and ) Tj ET Q q 0 0 0 rg BT 254.55 262.25 Td (on ) Tj ET Q q 0 0 0 rg BT 266.09 262.25 Td (any ) Tj ET Q q 0 0 0 rg BT 282.08 262.25 Td (scheduled ) Tj ET Q q 0 0 0 rg BT 323.62 262.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 354.60 262.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 390.58 262.25 Td (date ) Tj ET Q q 0 0 0 rg BT 408.79 262.25 Td (thereafter) Tj ET Q q 0 0 0 rg BT 446.69 262.25 Td (, ) Tj ET Q q 0 0 0 rg BT 450.74 262.25 Td (redeem ) Tj ET Q q 0 0 0 rg BT 481.71 262.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.48 262.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 521.46 262.25 Td (unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (notes, ) Tj ET Q q 0 0 0 rg BT 76.40 250.25 Td (in ) Tj ET Q q 0 0 0 rg BT 86.96 250.25 Td (whole ) Tj ET Q q 0 0 0 rg BT 114.19 250.25 Td (or ) Tj ET Q q 0 0 0 rg BT 125.30 250.25 Td (in ) Tj ET Q q 0 0 0 rg BT 135.87 250.25 Td (part, ) Tj ET Q q 0 0 0 rg BT 156.70 250.25 Td (at ) Tj ET Q q 0 0 0 rg BT 166.71 250.25 Td (a ) Tj ET Q q 0 0 0 rg BT 173.93 250.25 Td (redemption ) Tj ET Q q 0 0 0 rg BT 222.26 250.25 Td (price ) Tj ET Q q 0 0 0 rg BT 245.03 250.25 Td (equal ) Tj ET Q q 0 0 0 rg BT 269.48 250.25 Td (to ) Tj ET Q q 0 0 0 rg BT 280.04 250.25 Td (100% ) Tj ET Q q 0 0 0 rg BT 306.16 250.25 Td (of ) Tj ET Q q 0 0 0 rg BT 317.28 250.25 Td (the ) Tj ET Q q 0 0 0 rg BT 332.28 250.25 Td (principal ) Tj ET Q q 0 0 0 rg BT 370.61 250.25 Td (amount ) Tj ET Q q 0 0 0 rg BT 403.39 250.25 Td (plus ) Tj ET Q q 0 0 0 rg BT 422.85 250.25 Td (accrued ) Tj ET Q q 0 0 0 rg BT 456.72 250.25 Td (and ) Tj ET Q q 0 0 0 rg BT 473.95 250.25 Td (unpaid ) Tj ET Q q 0 0 0 rg BT 503.95 250.25 Td (interest ) Tj ET Q q 0 0 0 rg BT 536.17 250.25 Td (to, ) Tj ET Q q 0 0 0 rg BT 549.24 250.25 Td (but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (excluding, ) Tj ET Q q 0 0 0 rg BT 94.62 238.25 Td (the ) Tj ET Q q 0 0 0 rg BT 109.53 238.25 Td (date ) Tj ET Q q 0 0 0 rg BT 128.87 238.25 Td (of ) Tj ET Q q 0 0 0 rg BT 139.89 238.25 Td (redemption. ) Tj ET Q q 0 0 0 rg BT 190.42 238.25 Td (The ) Tj ET Q q 0 0 0 rg BT 208.66 238.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 235.78 238.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 279.01 238.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 302.81 238.25 Td (will ) Tj ET Q q 0 0 0 rg BT 321.05 238.25 Td (rank ) Tj ET Q q 0 0 0 rg BT 341.51 238.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 368.63 238.25 Td (in ) Tj ET Q q 0 0 0 rg BT 379.10 238.25 Td (right ) Tj ET Q q 0 0 0 rg BT 400.67 238.25 Td (of ) Tj ET Q q 0 0 0 rg BT 411.69 238.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 448.81 238.25 Td (to ) Tj ET Q q 0 0 0 rg BT 459.28 238.25 Td (any ) Tj ET Q q 0 0 0 rg BT 476.41 238.25 Td (of ) Tj ET Q q 0 0 0 rg BT 486.83 238.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 510.53 238.25 Td ( ) Tj ET Q q 0 0 0 rg BT 513.22 238.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 547.57 238.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (future ) Tj ET Q q 0 0 0 rg BT 76.78 226.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 131.35 226.25 Td (that ) Tj ET Q q 0 0 0 rg BT 149.25 226.25 Td (is ) Tj ET Q q 0 0 0 rg BT 158.83 226.25 Td (by ) Tj ET Q q 0 0 0 rg BT 171.74 226.25 Td (its ) Tj ET Q q 0 0 0 rg BT 184.09 226.25 Td (terms ) Tj ET Q q 0 0 0 rg BT 209.22 226.25 Td (expressly ) Tj ET Q q 0 0 0 rg BT 249.89 226.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 304.46 226.25 Td (or ) Tj ET Q q 0 0 0 rg BT 315.69 226.25 Td (junior ) Tj ET Q q 0 0 0 rg BT 342.49 226.25 Td (in ) Tj ET Q q 0 0 0 rg BT 353.17 226.25 Td (right ) Tj ET Q q 0 0 0 rg BT 374.97 226.25 Td (of ) Tj ET Q q 0 0 0 rg BT 386.21 226.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 423.55 226.25 Td (to ) Tj ET Q q 0 0 0 rg BT 434.23 226.25 Td (the ) Tj ET Q q 0 0 0 rg BT 449.36 226.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 476.70 226.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 520.15 226.25 Td (notes. ) Tj ET Q q 0 0 0 rg BT 546.46 226.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 77.21 214.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 120.52 214.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 144.40 214.25 Td (will ) Tj ET Q q 0 0 0 rg BT 162.72 214.25 Td (rank ) Tj ET Q q 0 0 0 rg BT 183.26 214.25 Td (equally ) Tj ET Q q 0 0 0 rg BT 215.47 214.25 Td (in ) Tj ET Q q 0 0 0 rg BT 226.02 214.25 Td (right ) Tj ET Q q 0 0 0 rg BT 247.68 214.25 Td (of ) Tj ET Q q 0 0 0 rg BT 258.78 214.25 Td (payment ) Tj ET Q q 0 0 0 rg BT 295.98 214.25 Td (to ) Tj ET Q q 0 0 0 rg BT 306.53 214.25 Td (all ) Tj ET Q q 0 0 0 rg BT 319.30 214.25 Td (of ) Tj ET Q q 0 0 0 rg BT 329.79 214.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 353.48 214.25 Td ( ) Tj ET Q q 0 0 0 rg BT 356.25 214.25 Td (existing ) Tj ET Q q 0 0 0 rg BT 390.69 214.25 Td (and ) Tj ET Q q 0 0 0 rg BT 407.90 214.25 Td (future ) Tj ET Q q 0 0 0 rg BT 434.55 214.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 461.76 214.25 Td (indebtedness, ) Tj ET Q q 0 0 0 rg BT 518.68 214.25 Td (but ) Tj ET Q q 0 0 0 rg BT 534.23 214.25 Td (will ) Tj ET Q q 0 0 0 rg BT 552.56 214.25 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 202.25 Td (fectively ) Tj ET Q q 0 0 0 rg BT 94.35 202.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 147.79 202.25 Td (to ) Tj ET Q q 0 0 0 rg BT 157.35 202.25 Td (any ) Tj ET Q q 0 0 0 rg BT 173.58 202.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 205.90 202.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 259.33 202.25 Td (to ) Tj ET Q q 0 0 0 rg BT 268.90 202.25 Td (the ) Tj ET Q q 0 0 0 rg BT 282.90 202.25 Td (extent ) Tj ET Q q 0 0 0 rg BT 309.11 202.25 Td (of ) Tj ET Q q 0 0 0 rg BT 319.23 202.25 Td (the ) Tj ET Q q 0 0 0 rg BT 333.23 202.25 Td (value ) Tj ET Q q 0 0 0 rg BT 356.67 202.25 Td (of ) Tj ET Q q 0 0 0 rg BT 366.78 202.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.78 202.25 Td (collateral ) Tj ET Q q 0 0 0 rg BT 419.76 202.25 Td (securing ) Tj ET Q q 0 0 0 rg BT 455.42 202.25 Td (such ) Tj ET Q q 0 0 0 rg BT 475.54 202.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 507.86 202.25 Td (indebtedness. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (In ) Tj ET Q q 0 0 0 rg BT 62.19 190.25 Td (addition, ) Tj ET Q q 0 0 0 rg BT 101.33 190.25 Td (the ) Tj ET Q q 0 0 0 rg BT 117.41 190.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 145.71 190.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 190.10 190.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 215.08 190.25 Td (will ) Tj ET Q q 0 0 0 rg BT 234.49 190.25 Td (be ) Tj ET Q q 0 0 0 rg BT 247.79 190.25 Td (structurally ) Tj ET Q q 0 0 0 rg BT 297.20 190.25 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 352.71 190.25 Td (to ) Tj ET Q q 0 0 0 rg BT 364.35 190.25 Td (the ) Tj ET Q q 0 0 0 rg BT 380.43 190.25 Td (indebtedness ) Tj ET Q q 0 0 0 rg BT 435.95 190.25 Td (and ) Tj ET Q q 0 0 0 rg BT 454.25 190.25 Td (other ) Tj ET Q q 0 0 0 rg BT 478.66 190.25 Td (obligations ) Tj ET Q q 0 0 0 rg BT 526.96 190.25 Td (of ) Tj ET Q q 0 0 0 rg BT 538.30 190.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 562.00 190.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.95 161.25 Td (senior ) Tj ET Q q 0 0 0 rg BT 94.78 161.25 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 137.72 161.25 Td (notes ) Tj ET Q q 0 0 0 rg BT 161.23 161.25 Td (were ) Tj ET Q q 0 0 0 rg BT 183.05 161.25 Td (issued ) Tj ET Q q 0 0 0 rg BT 210.45 161.25 Td (under ) Tj ET Q q 0 0 0 rg BT 235.62 161.25 Td (an ) Tj ET Q q 0 0 0 rg BT 247.46 161.25 Td (indenture ) Tj ET Q q 0 0 0 rg BT 287.62 161.25 Td (and ) Tj ET Q q 0 0 0 rg BT 304.46 161.25 Td (supplemental ) Tj ET Q q 0 0 0 rg BT 360.18 161.25 Td (indenture ) Tj ET Q q 0 0 0 rg BT 400.34 161.25 Td (that ) Tj ET Q q 0 0 0 rg BT 417.73 161.25 Td (contain ) Tj ET Q q 0 0 0 rg BT 449.57 161.25 Td (covenants ) Tj ET Q q 0 0 0 rg BT 491.95 161.25 Td (that, ) Tj ET Q q 0 0 0 rg BT 511.84 161.25 Td (among ) Tj ET Q q 0 0 0 rg BT 541.46 161.25 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.25 Td (things, ) Tj ET Q q 0 0 0 rg BT 79.76 149.25 Td (limit: ) Tj ET Q q 0 0 0 rg BT 104.23 149.25 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 116.48 149.25 Td (the ) Tj ET Q q 0 0 0 rg BT 131.50 149.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 159.86 149.25 Td (of ) Tj ET Q q 0 0 0 rg BT 170.38 149.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 194.30 149.25 Td (to ) Tj ET Q q 0 0 0 rg BT 204.88 149.25 Td (mer) Tj ET Q q 0 0 0 rg BT 220.25 149.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 232.50 149.25 Td (or ) Tj ET Q q 0 0 0 rg BT 243.63 149.25 Td (consolidate, ) Tj ET Q q 0 0 0 rg BT 294.48 149.25 Td (or ) Tj ET Q q 0 0 0 rg BT 305.62 149.25 Td (lease, ) Tj ET Q q 0 0 0 rg BT 330.91 149.25 Td (sell, ) Tj ET Q q 0 0 0 rg BT 350.11 149.25 Td (assign ) Tj ET Q q 0 0 0 rg BT 377.92 149.25 Td (or ) Tj ET Q q 0 0 0 rg BT 389.05 149.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 422.40 149.25 Td (all ) Tj ET Q q 0 0 0 rg BT 435.20 149.25 Td (or ) Tj ET Q q 0 0 0 rg BT 446.34 149.25 Td (substantially ) Tj ET Q q 0 0 0 rg BT 499.70 149.25 Td (all ) Tj ET Q q 0 0 0 rg BT 512.50 149.25 Td (of ) Tj ET Q q 0 0 0 rg BT 523.64 149.25 Td (its ) Tj ET Q q 0 0 0 rg BT 535.89 149.25 Td (assets; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.25 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 64.80 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 79.60 137.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 107.73 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 118.07 137.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 141.76 137.25 Td (to ) Tj ET Q q 0 0 0 rg BT 152.12 137.25 Td (sell ) Tj ET Q q 0 0 0 rg BT 168.59 137.25 Td (or ) Tj ET Q q 0 0 0 rg BT 179.51 137.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 220.96 137.25 Td (dispose ) Tj ET Q q 0 0 0 rg BT 253.55 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 264.46 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 279.26 137.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 306.83 137.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 347.18 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 358.09 137.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 387.88 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 398.79 137.25 Td (its ) Tj ET Q q 0 0 0 rg BT 410.82 137.25 Td (subsidiaries; ) Tj ET Q q 0 0 0 rg BT 463.40 137.25 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 480.97 137.25 Td (the ) Tj ET Q q 0 0 0 rg BT 495.77 137.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 523.91 137.25 Td (of ) Tj ET Q q 0 0 0 rg BT 534.82 137.25 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 125.25 Td (of ) Tj ET Q q 0 0 0 rg BT 59.95 125.25 Td (Atlas) Tj ET Q q 0 0 0 rg BT 83.65 125.25 Td ( ) Tj ET Q q 0 0 0 rg BT 85.73 125.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 135.02 125.25 Td (to ) Tj ET Q q 0 0 0 rg BT 144.88 125.25 Td (issue ) Tj ET Q q 0 0 0 rg BT 166.96 125.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 194.04 125.25 Td (securities; ) Tj ET Q q 0 0 0 rg BT 236.66 125.25 Td (\(iv\) ) Tj ET Q q 0 0 0 rg BT 253.18 125.25 Td (the ) Tj ET Q q 0 0 0 rg BT 267.48 125.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 295.11 125.25 Td (of ) Tj ET Q q 0 0 0 rg BT 305.06 125.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 328.25 125.25 Td (to ) Tj ET Q q 0 0 0 rg BT 338.11 125.25 Td (permit ) Tj ET Q q 0 0 0 rg BT 366.29 125.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 395.57 125.25 Td (of ) Tj ET Q q 0 0 0 rg BT 405.98 125.25 Td (its ) Tj ET Q q 0 0 0 rg BT 417.51 125.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 466.81 125.25 Td (to ) Tj ET Q q 0 0 0 rg BT 476.67 125.25 Td (mer) Tj ET Q q 0 0 0 rg BT 492.03 125.25 Td (ge ) Tj ET Q q 0 0 0 rg BT 503.55 125.25 Td (or ) Tj ET Q q 0 0 0 rg BT 513.96 125.25 Td (consolidate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.25 Td (or ) Tj ET Q q 0 0 0 rg BT 60.81 113.25 Td (lease, ) Tj ET Q q 0 0 0 rg BT 85.78 113.25 Td (sell, ) Tj ET Q q 0 0 0 rg BT 104.66 113.25 Td (assign ) Tj ET Q q 0 0 0 rg BT 132.14 113.25 Td (or ) Tj ET Q q 0 0 0 rg BT 142.95 113.25 Td (transfer ) Tj ET Q q 0 0 0 rg BT 175.98 113.25 Td (all ) Tj ET Q q 0 0 0 rg BT 188.46 113.25 Td (or ) Tj ET Q q 0 0 0 rg BT 199.27 113.25 Td (substantially ) Tj ET Q q 0 0 0 rg BT 252.31 113.25 Td (all ) Tj ET Q q 0 0 0 rg BT 264.79 113.25 Td (of ) Tj ET Q q 0 0 0 rg BT 275.60 113.25 Td (their ) Tj ET Q q 0 0 0 rg BT 296.41 113.25 Td (respective ) Tj ET Q q 0 0 0 rg BT 339.43 113.25 Td (assets; ) Tj ET Q q 0 0 0 rg BT 368.02 113.25 Td (and ) Tj ET Q q 0 0 0 rg BT 384.94 113.25 Td (\(v\) ) Tj ET Q q 0 0 0 rg BT 399.09 113.25 Td (the ) Tj ET Q q 0 0 0 rg BT 413.79 113.25 Td (ability ) Tj ET Q q 0 0 0 rg BT 441.82 113.25 Td (of ) Tj ET Q q 0 0 0 rg BT 452.09 113.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 475.68 113.25 Td (and ) Tj ET Q q 0 0 0 rg BT 492.60 113.25 Td (its ) Tj ET Q q 0 0 0 rg BT 504.54 113.25 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 554.24 113.25 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 73.05 101.25 Td (debt ) Tj ET Q q 0 0 0 rg BT 92.76 101.25 Td (secured ) Tj ET Q q 0 0 0 rg BT 125.80 101.25 Td (by ) Tj ET Q q 0 0 0 rg BT 138.30 101.25 Td (equity ) Tj ET Q q 0 0 0 rg BT 165.80 101.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 206.06 101.25 Td (of ) Tj ET Q q 0 0 0 rg BT 216.89 101.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 246.59 101.25 Td (of ) Tj ET Q q 0 0 0 rg BT 257.42 101.25 Td (its ) Tj ET Q q 0 0 0 rg BT 269.37 101.25 Td (subsidiaries.) Tj ET Q endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (On ) Tj ET Q q 0 0 0 rg BT 64.97 742.10 Td (March ) Tj ET Q q 0 0 0 rg BT 93.82 742.10 Td (9, ) Tj ET Q q 0 0 0 rg BT 104.07 742.10 Td (2015, ) Tj ET Q q 0 0 0 rg BT 128.71 742.10 Td (American ) Tj ET Q q 0 0 0 rg BT 170.88 742.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 211.89 742.10 Td (Acquisition, ) Tj ET Q q 0 0 0 rg BT 263.81 742.10 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 281.82 742.10 Td (\(American ) Tj ET Q q 0 0 0 rg BT 331.16 742.10 Td (Acquisition\), ) Tj ET Q q 0 0 0 rg BT 390.84 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 398.03 742.10 Td (wholly-owned ) Tj ET Q q 0 0 0 rg BT 458.55 742.10 Td (direct ) Tj ET Q q 0 0 0 rg BT 484.06 742.10 Td (subsidiary ) Tj ET Q q 0 0 0 rg BT 527.92 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 538.39 742.10 Td (Atlas, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 81.99 730.10 Td (into ) Tj ET Q q 0 0 0 rg BT 100.11 730.10 Td (a ) Tj ET Q q 0 0 0 rg BT 107.11 730.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 126.89 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 143.89 730.10 Td (security ) Tj ET Q q 0 0 0 rg BT 178.10 730.10 Td (agreement ) Tj ET Q q 0 0 0 rg BT 222.31 730.10 Td (\(Loan ) Tj ET Q q 0 0 0 rg BT 252.62 730.10 Td (Agreement\) ) Tj ET Q q 0 0 0 rg BT 307.37 730.10 Td (for ) Tj ET Q q 0 0 0 rg BT 321.60 730.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.60 730.10 Td ($35.0 ) Tj ET Q q 0 0 0 rg BT 353.66 730.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.55 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 385.11 730.10 Td (loan ) Tj ET Q q 0 0 0 rg BT 404.89 730.10 Td (facility ) Tj ET Q q 0 0 0 rg BT 435.78 730.10 Td (with ) Tj ET Q q 0 0 0 rg BT 456.12 730.10 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 477.94 730.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 502.72 730.10 Td (Bank. ) Tj ET Q q 0 0 0 rg BT 528.89 730.10 Td (On ) Tj ET Q q 0 0 0 rg BT 543.68 730.10 Td (May ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (7, ) Tj ET Q q 0 0 0 rg BT 59.03 718.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 82.72 718.10 Td (American ) Tj ET Q q 0 0 0 rg BT 123.34 718.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 171.54 718.10 Td (entered ) Tj ET Q q 0 0 0 rg BT 202.49 718.10 Td (into ) Tj ET Q q 0 0 0 rg BT 219.58 718.10 Td (a ) Tj ET Q q 0 0 0 rg BT 225.55 718.10 Td (Modification ) Tj ET Q q 0 0 0 rg BT 279.29 718.10 Td (of ) Tj ET Q q 0 0 0 rg BT 289.15 718.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 311.23 718.10 Td (Documents ) Tj ET Q q 0 0 0 rg BT 358.31 718.10 Td (with ) Tj ET Q q 0 0 0 rg BT 377.62 718.10 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 398.48 718.10 Td (Third ) Tj ET Q q 0 0 0 rg BT 422.23 718.10 Td (Bank ) Tj ET Q q 0 0 0 rg BT 444.87 718.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.18 718.10 Td (amend ) Tj ET Q q 0 0 0 rg BT 482.37 718.10 Td (its ) Tj ET Q q 0 0 0 rg BT 493.34 718.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 515.08 718.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.54 706.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 91.42 706.10 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 141.33 706.10 Td (as ) Tj ET Q q 0 0 0 rg BT 152.65 706.10 Td (modified, ) Tj ET Q q 0 0 0 rg BT 194.24 706.10 Td (included ) Tj ET Q q 0 0 0 rg BT 231.67 706.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.10 706.10 Td ($30.0 ) Tj ET Q q 0 0 0 rg BT 264.59 706.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.48 706.10 Td ( ) Tj ET Q q 0 0 0 rg BT 296.47 706.10 Td (line ) Tj ET Q q 0 0 0 rg BT 314.46 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 325.78 706.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 351.53 706.10 Td (\(Draw ) Tj ET Q q 0 0 0 rg BT 383.84 706.10 Td (Amount\), ) Tj ET Q q 0 0 0 rg BT 429.88 706.10 Td (which ) Tj ET Q q 0 0 0 rg BT 457.31 706.10 Td (could ) Tj ET Q q 0 0 0 rg BT 482.52 706.10 Td (have ) Tj ET Q q 0 0 0 rg BT 504.39 706.10 Td (been ) Tj ET Q q 0 0 0 rg BT 526.25 706.10 Td (drawn ) Tj ET Q q 0 0 0 rg BT 554.23 706.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (increments ) Tj ET Q q 0 0 0 rg BT 96.69 694.10 Td (at ) Tj ET Q q 0 0 0 rg BT 106.73 694.10 Td (any ) Tj ET Q q 0 0 0 rg BT 123.99 694.10 Td (time ) Tj ET Q q 0 0 0 rg BT 144.59 694.10 Td (until ) Tj ET Q q 0 0 0 rg BT 165.74 694.10 Td (December ) Tj ET Q q 0 0 0 rg BT 209.65 694.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 224.97 694.10 Td (2016. ) Tj ET Q q 0 0 0 rg BT 250.09 694.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.45 694.10 Td ($30.0 ) Tj ET Q q 0 0 0 rg BT 293.78 694.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.67 694.10 Td ( ) Tj ET Q q 0 0 0 rg BT 325.49 694.10 Td (line ) Tj ET Q q 0 0 0 rg BT 343.30 694.10 Td (of ) Tj ET Q q 0 0 0 rg BT 354.46 694.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 380.04 694.10 Td (had ) Tj ET Q q 0 0 0 rg BT 397.30 694.10 Td (a ) Tj ET Q q 0 0 0 rg BT 404.56 694.10 Td (five ) Tj ET Q q 0 0 0 rg BT 422.93 694.10 Td (year ) Tj ET Q q 0 0 0 rg BT 442.96 694.10 Td (term ) Tj ET Q q 0 0 0 rg BT 464.10 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 481.36 694.10 Td (bore ) Tj ET Q q 0 0 0 rg BT 501.95 694.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 534.21 694.10 Td (at ) Tj ET Q q 0 0 0 rg BT 544.25 694.10 Td (one-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (month ) Tj ET Q q 0 0 0 rg BT 78.31 682.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 111.07 682.10 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.50 682.10 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.33 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 156.38 682.10 Td (The ) Tj ET Q q 0 0 0 rg BT 174.69 682.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 197.38 682.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 244.56 682.10 Td (also ) Tj ET Q q 0 0 0 rg BT 263.43 682.10 Td (included ) Tj ET Q q 0 0 0 rg BT 300.62 682.10 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.81 682.10 Td ($5.0 ) Tj ET Q q 0 0 0 rg BT 328.07 682.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.96 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 359.71 682.10 Td (revolving ) Tj ET Q q 0 0 0 rg BT 400.80 682.10 Td (line ) Tj ET Q q 0 0 0 rg BT 418.55 682.10 Td (of ) Tj ET Q q 0 0 0 rg BT 429.63 682.10 Td (credit ) Tj ET Q q 0 0 0 rg BT 455.15 682.10 Td (\(Revolver\), ) Tj ET Q q 0 0 0 rg BT 512.60 682.10 Td (which ) Tj ET Q q 0 0 0 rg BT 539.80 682.10 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (have ) Tj ET Q q 0 0 0 rg BT 71.38 670.10 Td (been ) Tj ET Q q 0 0 0 rg BT 92.75 670.10 Td (drawn ) Tj ET Q q 0 0 0 rg BT 120.24 670.10 Td (upon ) Tj ET Q q 0 0 0 rg BT 142.74 670.10 Td (until ) Tj ET Q q 0 0 0 rg BT 163.58 670.10 Td (May ) Tj ET Q q 0 0 0 rg BT 184.41 670.10 Td (7, ) Tj ET Q q 0 0 0 rg BT 194.41 670.10 Td (2018, ) Tj ET Q q 0 0 0 rg BT 219.41 670.10 Td (that ) Tj ET Q q 0 0 0 rg BT 236.90 670.10 Td (bore ) Tj ET Q q 0 0 0 rg BT 257.17 670.10 Td (interest ) Tj ET Q q 0 0 0 rg BT 289.11 670.10 Td (at ) Tj ET Q q 0 0 0 rg BT 298.82 670.10 Td (one-month ) Tj ET Q q 0 0 0 rg BT 344.65 670.10 Td (LIBOR ) Tj ET Q q 0 0 0 rg BT 377.15 670.10 Td (plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.32 670.10 Td (2.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 670.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.49 653.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 89.56 653.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 135.93 653.10 Td (was ) Tj ET Q q 0 0 0 rg BT 153.42 653.10 Td (terminated ) Tj ET Q q 0 0 0 rg BT 198.13 653.10 Td (in ) Tj ET Q q 0 0 0 rg BT 207.42 653.10 Td (April ) Tj ET Q q 0 0 0 rg BT 230.48 653.10 Td (2017. ) Tj ET Q q 0 0 0 rg BT 254.49 653.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 277.55 653.10 Td (used ) Tj ET Q q 0 0 0 rg BT 297.82 653.10 Td (a ) Tj ET Q q 0 0 0 rg BT 304.21 653.10 Td (portion ) Tj ET Q q 0 0 0 rg BT 335.04 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 345.31 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 359.48 653.10 Td (net ) Tj ET Q q 0 0 0 rg BT 373.64 653.10 Td (proceeds ) Tj ET Q q 0 0 0 rg BT 411.12 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 421.40 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 435.56 653.10 Td (senior ) Tj ET Q q 0 0 0 rg BT 461.95 653.10 Td (unsecured ) Tj ET Q q 0 0 0 rg BT 504.43 653.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 527.48 653.10 Td (of) Tj ET Q q 0 0 0 rg BT 535.63 653.10 Td (fering, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (together ) Tj ET Q q 0 0 0 rg BT 85.52 641.10 Td (with ) Tj ET Q q 0 0 0 rg BT 106.05 641.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 126.57 641.10 Td (on ) Tj ET Q q 0 0 0 rg BT 139.32 641.10 Td (hand, ) Tj ET Q q 0 0 0 rg BT 164.01 641.10 Td (for ) Tj ET Q q 0 0 0 rg BT 178.43 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 193.40 641.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 238.35 641.10 Td (of ) Tj ET Q q 0 0 0 rg BT 249.43 641.10 Td (all ) Tj ET Q q 0 0 0 rg BT 262.18 641.10 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 311.60 641.10 Td (balances ) Tj ET Q q 0 0 0 rg BT 348.78 641.10 Td (under ) Tj ET Q q 0 0 0 rg BT 374.30 641.10 Td (the ) Tj ET Q q 0 0 0 rg BT 389.27 641.10 Td (Draw ) Tj ET Q q 0 0 0 rg BT 413.63 641.10 Td (Amount ) Tj ET Q q 0 0 0 rg BT 449.16 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 466.35 641.10 Td (Revolver) Tj ET Q q 0 0 0 rg BT 502.60 641.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.86 641.10 Td ($15.5 ) Tj ET Q q 0 0 0 rg BT 533.11 641.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 629.10 Td ($3.9 ) Tj ET Q q 0 0 0 rg BT 86.94 629.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.83 629.10 Td (, ) Tj ET Q q 0 0 0 rg BT 120.83 629.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 168.49 629.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (At ) Tj ET Q q 0 0 0 rg BT 62.48 612.10 Td (December ) Tj ET Q q 0 0 0 rg BT 106.04 612.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 121.02 612.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 145.45 612.10 Td (American ) Tj ET Q q 0 0 0 rg BT 186.81 612.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 235.96 612.10 Td (was ) Tj ET Q q 0 0 0 rg BT 253.99 612.10 Td (in ) Tj ET Q q 0 0 0 rg BT 264.24 612.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 312.81 612.10 Td (with ) Tj ET Q q 0 0 0 rg BT 333.07 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 347.77 612.10 Td (covenants ) Tj ET Q q 0 0 0 rg BT 390.23 612.10 Td (of ) Tj ET Q q 0 0 0 rg BT 401.04 612.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.74 612.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 438.22 612.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 490.12 612.10 Td (In ) Tj ET Q q 0 0 0 rg BT 500.93 612.10 Td (February ) Tj ET Q q 0 0 0 rg BT 539.51 612.10 Td (2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (American ) Tj ET Q q 0 0 0 rg BT 91.32 600.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 140.42 600.10 Td (filed ) Tj ET Q q 0 0 0 rg BT 161.18 600.10 Td (its ) Tj ET Q q 0 0 0 rg BT 173.06 600.10 Td (statutorily ) Tj ET Q q 0 0 0 rg BT 216.05 600.10 Td (required ) Tj ET Q q 0 0 0 rg BT 251.80 600.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 289.21 600.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 333.86 600.10 Td (for ) Tj ET Q q 0 0 0 rg BT 347.95 600.10 Td (the ) Tj ET Q q 0 0 0 rg BT 362.60 600.10 Td (year ) Tj ET Q q 0 0 0 rg BT 382.24 600.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 408.55 600.10 Td (December ) Tj ET Q q 0 0 0 rg BT 452.07 600.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 467.01 600.10 Td (2016, ) Tj ET Q q 0 0 0 rg BT 491.94 600.10 Td (which ) Tj ET Q q 0 0 0 rg BT 518.81 600.10 Td (are ) Tj ET Q q 0 0 0 rg BT 533.45 600.10 Td (used ) Tj ET Q q 0 0 0 rg BT 554.22 600.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (determine ) Tj ET Q q 0 0 0 rg BT 92.11 588.10 Td (on-going ) Tj ET Q q 0 0 0 rg BT 130.35 588.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 178.58 588.10 Td (with ) Tj ET Q q 0 0 0 rg BT 198.49 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 212.84 588.10 Td (covenants ) Tj ET Q q 0 0 0 rg BT 254.96 588.10 Td (contained ) Tj ET Q q 0 0 0 rg BT 295.96 588.10 Td (in ) Tj ET Q q 0 0 0 rg BT 305.87 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 320.22 588.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 342.43 588.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 391.02 588.10 Td (As ) Tj ET Q q 0 0 0 rg BT 404.26 588.10 Td (a ) Tj ET Q q 0 0 0 rg BT 410.83 588.10 Td (result ) Tj ET Q q 0 0 0 rg BT 435.18 588.10 Td (of ) Tj ET Q q 0 0 0 rg BT 445.65 588.10 Td (the ) Tj ET Q q 0 0 0 rg BT 460.00 588.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 491.00 588.10 Td (strengthening ) Tj ET Q q 0 0 0 rg BT 547.56 588.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.95 576.10 Td (ef) Tj ET Q q 0 0 0 rg BT 69.54 576.10 Td (fect ) Tj ET Q q 0 0 0 rg BT 87.03 576.10 Td (on ) Tj ET Q q 0 0 0 rg BT 98.99 576.10 Td (American ) Tj ET Q q 0 0 0 rg BT 140.36 576.10 Td (Acquisition) Tj ET Q q 0 0 0 rg BT 189.81 576.10 Td (s ) Tj ET Q q 0 0 0 rg BT 196.21 576.10 Td (December ) Tj ET Q q 0 0 0 rg BT 239.80 576.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 254.80 576.10 Td (2016 ) Tj ET Q q 0 0 0 rg BT 277.31 576.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 314.80 576.10 Td (statements, ) Tj ET Q q 0 0 0 rg BT 361.46 576.10 Td (American ) Tj ET Q q 0 0 0 rg BT 402.84 576.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 452.01 576.10 Td (was ) Tj ET Q q 0 0 0 rg BT 470.07 576.10 Td (not ) Tj ET Q q 0 0 0 rg BT 485.35 576.10 Td (in ) Tj ET Q q 0 0 0 rg BT 495.64 576.10 Td (compliance ) Tj ET Q q 0 0 0 rg BT 544.23 576.10 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.84 564.10 Td (Loan ) Tj ET Q q 0 0 0 rg BT 87.43 564.10 Td (Agreements) Tj ET Q q 0 0 0 rg BT 138.34 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 140.96 564.10 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 177.07 564.10 Td ( ) Tj ET Q q 0 0 0 rg BT 179.69 564.10 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 203.98 564.10 Td (covenant ) Tj ET Q q 0 0 0 rg BT 242.70 564.10 Td (as ) Tj ET Q q 0 0 0 rg BT 253.66 564.10 Td (of ) Tj ET Q q 0 0 0 rg BT 264.61 564.10 Td (March ) Tj ET Q q 0 0 0 rg BT 293.33 564.10 Td (13, ) Tj ET Q q 0 0 0 rg BT 308.46 564.10 Td (2017.) Tj ET Q q 0 0 0 rg BT 332.91 564.10 Td (American ) Tj ET Q q 0 0 0 rg BT 374.38 564.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 423.67 564.10 Td (had ) Tj ET Q q 0 0 0 rg BT 440.73 564.10 Td (a ) Tj ET Q q 0 0 0 rg BT 447.79 564.10 Td (thirty ) Tj ET Q q 0 0 0 rg BT 472.08 564.10 Td (day ) Tj ET Q q 0 0 0 rg BT 489.14 564.10 Td (period ) Tj ET Q q 0 0 0 rg BT 517.32 564.10 Td (to ) Tj ET Q q 0 0 0 rg BT 527.72 564.10 Td (cure ) Tj ET Q q 0 0 0 rg BT 547.55 564.10 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (covenant ) Tj ET Q q 0 0 0 rg BT 89.76 552.10 Td (non-compliance, ) Tj ET Q q 0 0 0 rg BT 160.35 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 178.46 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.35 552.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 236.90 552.10 Td (and ) Tj ET Q q 0 0 0 rg BT 254.20 552.10 Td (American ) Tj ET Q q 0 0 0 rg BT 296.48 552.10 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 346.82 552.10 Td (agreed ) Tj ET Q q 0 0 0 rg BT 377.13 552.10 Td (with ) Tj ET Q q 0 0 0 rg BT 398.58 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 414.47 552.10 Td (lender ) Tj ET Q q 0 0 0 rg BT 443.12 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 454.57 552.10 Td (a ) Tj ET Q q 0 0 0 rg BT 462.68 552.10 Td (modification ) Tj ET Q q 0 0 0 rg BT 517.44 552.10 Td (to ) Tj ET Q q 0 0 0 rg BT 528.89 552.10 Td (the ) Tj ET Q q 0 0 0 rg BT 544.78 552.10 Td (loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (covenants ) Tj ET Q q 0 0 0 rg BT 92.43 540.10 Td (to ) Tj ET Q q 0 0 0 rg BT 102.66 540.10 Td (more ) Tj ET Q q 0 0 0 rg BT 125.65 540.10 Td (specifically ) Tj ET Q q 0 0 0 rg BT 174.18 540.10 Td (address ) Tj ET Q q 0 0 0 rg BT 206.62 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 221.28 540.10 Td (ef) Tj ET Q q 0 0 0 rg BT 228.87 540.10 Td (fects ) Tj ET Q q 0 0 0 rg BT 250.20 540.10 Td (of ) Tj ET Q q 0 0 0 rg BT 260.97 540.10 Td (reserve ) Tj ET Q q 0 0 0 rg BT 292.29 540.10 Td (modifications ) Tj ET Q q 0 0 0 rg BT 349.72 540.10 Td (and/or ) Tj ET Q q 0 0 0 rg BT 377.71 540.10 Td (obtaining ) Tj ET Q q 0 0 0 rg BT 417.93 540.10 Td (a ) Tj ET Q q 0 0 0 rg BT 424.82 540.10 Td (waiver ) Tj ET Q q 0 0 0 rg BT 454.47 540.10 Td (with ) Tj ET Q q 0 0 0 rg BT 474.70 540.10 Td (respect ) Tj ET Q q 0 0 0 rg BT 505.46 540.10 Td (to ) Tj ET Q q 0 0 0 rg BT 515.68 540.10 Td (the ) Tj ET Q q 0 0 0 rg BT 530.35 540.10 Td (existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (non-compliance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (The following table summarizes consolidated cash flow activities:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.00 486.35 Td (Summary of Cash Flows \($ in 000s\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 442.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 442.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 442.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 412.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 412.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 412.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 480.6 m 471.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 456.6 m 471.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 480.6 m 561.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 456.6 m 561.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 442.6 m 471.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 456.6 m 561.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 442.6 m 561.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 442.6 m 471.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 442.6 m 561.5 442.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 397.6 m 471.5 397.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 383.6 m 471.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 381.6 m 471.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 397.6 m 561.5 397.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 383.6 m 561.5 383.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 381.6 m 561.5 381.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.60 471.28 Td (Thr) Tj ET Q q 0 0 0 rg BT 414.18 471.28 Td (ee Month) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 461.28 Td (Period Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.40 471.28 Td (T) Tj ET Q q 0 0 0 rg BT 491.70 471.28 Td (welve Month) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.65 461.28 Td (Period Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.90 447.28 Td (Mar) Tj ET Q q 0 0 0 rg BT 411.69 447.28 Td (ch 31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.65 447.28 Td (December) Tj ET Q q 0 0 0 rg BT 518.77 447.28 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 432.27 Td (Net cash flows provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 432.27 Td (4,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.00 432.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 432.27 Td (26,472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 417.27 Td (Net cash flows provided by \(used in\) investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 417.27 Td (5,420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 417.32 Td (\(15,909) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 417.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 402.27 Td (Net cash flows \(used in\) provided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 402.32 Td (\(3,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 402.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 402.27 Td (5,164) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 387.28 Td (Net incr) Tj ET Q q 0 0 0 rg BT 86.53 387.28 Td (ease in cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.00 387.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 387.27 Td (7,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.00 387.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 387.27 Td (15,727) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 72.45 366.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 110.45 366.10 Td (by ) Tj ET Q q 0 0 0 rg BT 122.90 366.10 Td (operations ) Tj ET Q q 0 0 0 rg BT 167.01 366.10 Td (during ) Tj ET Q q 0 0 0 rg BT 195.57 366.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.23 366.10 Td (three ) Tj ET Q q 0 0 0 rg BT 232.67 366.10 Td (month ) Tj ET Q q 0 0 0 rg BT 260.68 366.10 Td (period ) Tj ET Q q 0 0 0 rg BT 288.68 366.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 315.00 366.10 Td (March ) Tj ET Q q 0 0 0 rg BT 343.55 366.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 358.51 366.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.51 366.10 Td ( ) Tj ET Q q 0 0 0 rg BT 380.96 366.10 Td (was ) Tj ET Q q 0 0 0 rg BT 398.96 366.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 438.62 366.10 Td (due ) Tj ET Q q 0 0 0 rg BT 455.51 366.10 Td (to ) Tj ET Q q 0 0 0 rg BT 465.74 366.10 Td (net ) Tj ET Q q 0 0 0 rg BT 480.41 366.10 Td (income ) Tj ET Q q 0 0 0 rg BT 512.29 366.10 Td (of) Tj ET Q q 0 0 0 rg BT 520.44 366.10 Td (fset ) Tj ET Q q 0 0 0 rg BT 537.33 366.10 Td (by ) Tj ET Q q 0 0 0 rg BT 549.79 366.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (decrease ) Tj ET Q q 0 0 0 rg BT 87.60 354.10 Td (in ) Tj ET Q q 0 0 0 rg BT 98.57 354.10 Td (net ) Tj ET Q q 0 0 0 rg BT 113.97 354.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 154.93 354.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 181.45 354.10 Td (and ) Tj ET Q q 0 0 0 rg BT 199.07 354.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 241.75 354.10 Td (W) Tj ET Q q 0 0 0 rg BT 250.38 354.10 Td (e ) Tj ET Q q 0 0 0 rg BT 258.01 354.10 Td (receive ) Tj ET Q q 0 0 0 rg BT 290.06 354.10 Td (most ) Tj ET Q q 0 0 0 rg BT 312.70 354.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 351.99 354.10 Td (in ) Tj ET Q q 0 0 0 rg BT 362.96 354.10 Td (advance ) Tj ET Q q 0 0 0 rg BT 398.90 354.10 Td (of ) Tj ET Q q 0 0 0 rg BT 410.42 354.10 Td (the ) Tj ET Q q 0 0 0 rg BT 425.82 354.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 463.45 354.10 Td (of ) Tj ET Q q 0 0 0 rg BT 474.96 354.10 Td (claims. ) Tj ET Q q 0 0 0 rg BT 506.76 354.10 Td (Our ) Tj ET Q q 0 0 0 rg BT 525.50 354.10 Td (ability ) Tj ET Q q 0 0 0 rg BT 554.24 354.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.10 Td (generate ) Tj ET Q q 0 0 0 rg BT 86.02 342.10 Td (positive ) Tj ET Q q 0 0 0 rg BT 119.85 342.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 139.78 342.10 Td (flows ) Tj ET Q q 0 0 0 rg BT 164.17 342.10 Td (depends ) Tj ET Q q 0 0 0 rg BT 199.10 342.10 Td (on ) Tj ET Q q 0 0 0 rg BT 211.26 342.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.64 342.10 Td (frequency ) Tj ET Q q 0 0 0 rg BT 267.78 342.10 Td (and ) Tj ET Q q 0 0 0 rg BT 284.38 342.10 Td (severity ) Tj ET Q q 0 0 0 rg BT 318.19 342.10 Td (of ) Tj ET Q q 0 0 0 rg BT 328.69 342.10 Td (claims ) Tj ET Q q 0 0 0 rg BT 356.95 342.10 Td (and ) Tj ET Q q 0 0 0 rg BT 373.55 342.10 Td (the ) Tj ET Q q 0 0 0 rg BT 387.93 342.10 Td (timing ) Tj ET Q q 0 0 0 rg BT 416.21 342.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.70 342.10 Td (collection ) Tj ET Q q 0 0 0 rg BT 468.29 342.10 Td (of ) Tj ET Q q 0 0 0 rg BT 478.78 342.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 520.94 342.10 Td (receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 330.10 Td (reinsurance ) Tj ET Q q 0 0 0 rg BT 115.52 330.10 Td (recoverables ) Tj ET Q q 0 0 0 rg BT 168.54 330.10 Td (on ) Tj ET Q q 0 0 0 rg BT 181.04 330.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 200.76 330.10 Td (claims.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 72.39 313.10 Td (provided ) Tj ET Q q 0 0 0 rg BT 110.33 313.10 Td (by ) Tj ET Q q 0 0 0 rg BT 122.72 313.10 Td (investing ) Tj ET Q q 0 0 0 rg BT 161.77 313.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 200.26 313.10 Td (during ) Tj ET Q q 0 0 0 rg BT 228.76 313.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.37 313.10 Td (three ) Tj ET Q q 0 0 0 rg BT 265.74 313.10 Td (month ) Tj ET Q q 0 0 0 rg BT 293.69 313.10 Td (period ) Tj ET Q q 0 0 0 rg BT 321.63 313.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 347.89 313.10 Td (March ) Tj ET Q q 0 0 0 rg BT 376.38 313.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 391.27 313.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.27 313.10 Td ( ) Tj ET Q q 0 0 0 rg BT 413.66 313.10 Td (was ) Tj ET Q q 0 0 0 rg BT 431.60 313.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 471.21 313.10 Td (a ) Tj ET Q q 0 0 0 rg BT 478.03 313.10 Td (result ) Tj ET Q q 0 0 0 rg BT 502.64 313.10 Td (of ) Tj ET Q q 0 0 0 rg BT 513.36 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 527.97 313.10 Td (net ) Tj ET Q q 0 0 0 rg BT 542.58 313.10 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.42 301.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 108.39 301.10 Td (of ) Tj ET Q q 0 0 0 rg BT 118.70 301.10 Td (fixed ) Tj ET Q q 0 0 0 rg BT 141.23 301.10 Td (income ) Tj ET Q q 0 0 0 rg BT 172.64 301.10 Td (securities, ) Tj ET Q q 0 0 0 rg BT 214.88 301.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.08 301.10 Td (net ) Tj ET Q q 0 0 0 rg BT 243.28 301.10 Td (sales ) Tj ET Q q 0 0 0 rg BT 264.69 301.10 Td (of ) Tj ET Q q 0 0 0 rg BT 275.00 301.10 Td (equity ) Tj ET Q q 0 0 0 rg BT 301.98 301.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 341.72 301.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.14 301.10 Td (the ) Tj ET Q q 0 0 0 rg BT 372.34 301.10 Td (repayment ) Tj ET Q q 0 0 0 rg BT 416.52 301.10 Td (of ) Tj ET Q q 0 0 0 rg BT 426.83 301.10 Td (one ) Tj ET Q q 0 0 0 rg BT 443.25 301.10 Td (collateral ) Tj ET Q q 0 0 0 rg BT 482.43 301.10 Td (loan, ) Tj ET Q q 0 0 0 rg BT 504.12 301.10 Td (partially ) Tj ET Q q 0 0 0 rg BT 539.42 301.10 Td (of) Tj ET Q q 0 0 0 rg BT 547.57 301.10 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (by ) Tj ET Q q 0 0 0 rg BT 62.50 289.10 Td (property ) Tj ET Q q 0 0 0 rg BT 98.88 289.10 Td (and ) Tj ET Q q 0 0 0 rg BT 115.82 289.10 Td (equipment ) Tj ET Q q 0 0 0 rg BT 160.53 289.10 Td (purchases. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (Cash ) Tj ET Q q 0 0 0 rg BT 71.96 272.10 Td (used ) Tj ET Q q 0 0 0 rg BT 92.24 272.10 Td (in ) Tj ET Q q 0 0 0 rg BT 101.98 272.10 Td (financing ) Tj ET Q q 0 0 0 rg BT 141.69 272.10 Td (activities ) Tj ET Q q 0 0 0 rg BT 179.75 272.10 Td (during ) Tj ET Q q 0 0 0 rg BT 207.81 272.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.98 272.10 Td (three ) Tj ET Q q 0 0 0 rg BT 243.93 272.10 Td (month ) Tj ET Q q 0 0 0 rg BT 271.44 272.10 Td (period ) Tj ET Q q 0 0 0 rg BT 298.94 272.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 324.77 272.10 Td (March ) Tj ET Q q 0 0 0 rg BT 352.83 272.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 367.28 272.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.28 272.10 Td ( ) Tj ET Q q 0 0 0 rg BT 389.24 272.10 Td (was ) Tj ET Q q 0 0 0 rg BT 406.75 272.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 445.91 272.10 Td (a ) Tj ET Q q 0 0 0 rg BT 452.31 272.10 Td (result ) Tj ET Q q 0 0 0 rg BT 476.48 272.10 Td (of ) Tj ET Q q 0 0 0 rg BT 486.77 272.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 513.71 272.10 Td (repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (under ) Tj ET Q q 0 0 0 rg BT 75.27 260.10 Td (the ) Tj ET Q q 0 0 0 rg BT 89.99 260.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 115.25 260.10 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 164.40 260.10 Td (Program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (On ) Tj ET Q q 0 0 0 rg BT 64.15 243.10 Td (March ) Tj ET Q q 0 0 0 rg BT 92.17 243.10 Td (21, ) Tj ET Q q 0 0 0 rg BT 106.60 243.10 Td (2017, ) Tj ET Q q 0 0 0 rg BT 131.03 243.10 Td (the ) Tj ET Q q 0 0 0 rg BT 145.17 243.10 Td (Company) Tj ET Q q 0 0 0 rg BT 186.83 243.10 Td (s ) Tj ET Q q 0 0 0 rg BT 192.65 243.10 Td (Board ) Tj ET Q q 0 0 0 rg BT 219.02 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 229.27 243.10 Td (Directors ) Tj ET Q q 0 0 0 rg BT 268.41 243.10 Td (approved ) Tj ET Q q 0 0 0 rg BT 307.54 243.10 Td (a ) Tj ET Q q 0 0 0 rg BT 313.90 243.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 338.60 243.10 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 387.17 243.10 Td (Program ) Tj ET Q q 0 0 0 rg BT 423.54 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 433.79 243.10 Td (up ) Tj ET Q q 0 0 0 rg BT 445.72 243.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.42 243.10 Td (650,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.92 243.10 Td ( ) Tj ET Q q 0 0 0 rg BT 489.85 243.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 516.77 243.10 Td (of ) Tj ET Q q 0 0 0 rg BT 527.02 243.10 Td (common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (stock. ) Tj ET Q q 0 0 0 rg BT 76.60 231.10 Td (The ) Tj ET Q q 0 0 0 rg BT 95.37 231.10 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 145.79 231.10 Td (could ) Tj ET Q q 0 0 0 rg BT 171.23 231.10 Td (be ) Tj ET Q q 0 0 0 rg BT 183.89 231.10 Td (made ) Tj ET Q q 0 0 0 rg BT 208.77 231.10 Td (from ) Tj ET Q q 0 0 0 rg BT 231.43 231.10 Td (time ) Tj ET Q q 0 0 0 rg BT 252.42 231.10 Td (to ) Tj ET Q q 0 0 0 rg BT 263.42 231.10 Td (time ) Tj ET Q q 0 0 0 rg BT 284.42 231.10 Td (in ) Tj ET Q q 0 0 0 rg BT 295.42 231.10 Td (open ) Tj ET Q q 0 0 0 rg BT 318.08 231.10 Td (market ) Tj ET Q q 0 0 0 rg BT 349.07 231.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 402.56 231.10 Td (privately-negotiated ) Tj ET Q q 0 0 0 rg BT 486.30 231.10 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 539.79 231.10 Td (block ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 94.19 219.10 Td (or ) Tj ET Q q 0 0 0 rg BT 104.79 219.10 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 145.93 219.10 Td (in ) Tj ET Q q 0 0 0 rg BT 155.97 219.10 Td (accordance ) Tj ET Q q 0 0 0 rg BT 203.20 219.10 Td (with ) Tj ET Q q 0 0 0 rg BT 223.24 219.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 263.27 219.10 Td (laws ) Tj ET Q q 0 0 0 rg BT 283.86 219.10 Td (at ) Tj ET Q q 0 0 0 rg BT 293.35 219.10 Td (the ) Tj ET Q q 0 0 0 rg BT 307.83 219.10 Td (discretion ) Tj ET Q q 0 0 0 rg BT 349.53 219.10 Td (of ) Tj ET Q q 0 0 0 rg BT 360.12 219.10 Td (the ) Tj ET Q q 0 0 0 rg BT 374.60 219.10 Td (Company) Tj ET Q q 0 0 0 rg BT 416.27 219.10 Td (s ) Tj ET Q q 0 0 0 rg BT 422.42 219.10 Td (management ) Tj ET Q q 0 0 0 rg BT 475.78 219.10 Td (until ) Tj ET Q q 0 0 0 rg BT 496.38 219.10 Td (March ) Tj ET Q q 0 0 0 rg BT 524.74 219.10 Td (21, ) Tj ET Q q 0 0 0 rg BT 539.50 219.10 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.94 207.10 Td (Share ) Tj ET Q q 0 0 0 rg BT 95.10 207.10 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 145.14 207.10 Td (Program ) Tj ET Q q 0 0 0 rg BT 182.97 207.10 Td (was ) Tj ET Q q 0 0 0 rg BT 201.91 207.10 Td (not ) Tj ET Q q 0 0 0 rg BT 218.08 207.10 Td (extended. ) Tj ET Q q 0 0 0 rg BT 259.83 207.10 Td (The ) Tj ET Q q 0 0 0 rg BT 278.77 207.10 Td (Company) Tj ET Q q 0 0 0 rg BT 320.43 207.10 Td (s ) Tj ET Q q 0 0 0 rg BT 327.71 207.10 Td (decisions ) Tj ET Q q 0 0 0 rg BT 368.32 207.10 Td (around ) Tj ET Q q 0 0 0 rg BT 399.48 207.10 Td (the ) Tj ET Q q 0 0 0 rg BT 415.09 207.10 Td (timing, ) Tj ET Q q 0 0 0 rg BT 447.10 207.10 Td (volume, ) Tj ET Q q 0 0 0 rg BT 482.99 207.10 Td (and ) Tj ET Q q 0 0 0 rg BT 500.82 207.10 Td (nature ) Tj ET Q q 0 0 0 rg BT 529.20 207.10 Td (of ) Tj ET Q q 0 0 0 rg BT 540.92 207.10 Td (share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (repurchases, ) Tj ET Q q 0 0 0 rg BT 101.95 195.10 Td (and ) Tj ET Q q 0 0 0 rg BT 118.65 195.10 Td (the ) Tj ET Q q 0 0 0 rg BT 133.12 195.10 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 168.14 195.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 200.39 195.10 Td (of ) Tj ET Q q 0 0 0 rg BT 210.98 195.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 238.22 195.10 Td (repurchased, ) Tj ET Q q 0 0 0 rg BT 291.28 195.10 Td (was ) Tj ET Q q 0 0 0 rg BT 309.09 195.10 Td (dependent ) Tj ET Q q 0 0 0 rg BT 352.44 195.10 Td (on ) Tj ET Q q 0 0 0 rg BT 364.69 195.10 Td (market ) Tj ET Q q 0 0 0 rg BT 394.71 195.10 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 441.13 195.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 484.47 195.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 524.49 195.10 Td (laws, ) Tj ET Q q 0 0 0 rg BT 547.58 195.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (other ) Tj ET Q q 0 0 0 rg BT 74.40 183.10 Td (factors. ) Tj ET Q q 0 0 0 rg BT 107.68 183.10 Td (The ) Tj ET Q q 0 0 0 rg BT 127.08 183.10 Td (share ) Tj ET Q q 0 0 0 rg BT 152.03 183.10 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 199.19 183.10 Td (program ) Tj ET Q q 0 0 0 rg BT 236.92 183.10 Td (and ) Tj ET Q q 0 0 0 rg BT 255.21 183.10 Td (the ) Tj ET Q q 0 0 0 rg BT 271.28 183.10 Td (Board) Tj ET Q q 0 0 0 rg BT 298.50 183.10 Td (s ) Tj ET Q q 0 0 0 rg BT 306.24 183.10 Td (authorization ) Tj ET Q q 0 0 0 rg BT 362.86 183.10 Td (of ) Tj ET Q q 0 0 0 rg BT 375.04 183.10 Td (the ) Tj ET Q q 0 0 0 rg BT 391.11 183.10 Td (program ) Tj ET Q q 0 0 0 rg BT 428.84 183.10 Td (may ) Tj ET Q q 0 0 0 rg BT 449.91 183.10 Td (be ) Tj ET Q q 0 0 0 rg BT 463.20 183.10 Td (modified, ) Tj ET Q q 0 0 0 rg BT 505.66 183.10 Td (suspended, ) Tj ET Q q 0 0 0 rg BT 553.67 183.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.10 Td (discontinued ) Tj ET Q q 0 0 0 rg BT 103.06 171.10 Td (at ) Tj ET Q q 0 0 0 rg BT 112.23 171.10 Td (any ) Tj ET Q q 0 0 0 rg BT 128.63 171.10 Td (time. ) Tj ET Q q 0 0 0 rg BT 150.85 171.10 Td (During ) Tj ET Q q 0 0 0 rg BT 181.14 171.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.31 171.10 Td (three ) Tj ET Q q 0 0 0 rg BT 217.25 171.10 Td (month ) Tj ET Q q 0 0 0 rg BT 244.77 171.10 Td (period ) Tj ET Q q 0 0 0 rg BT 272.27 171.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 298.10 171.10 Td (March ) Tj ET Q q 0 0 0 rg BT 326.15 171.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 340.61 171.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.61 171.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.07 171.10 Td (255,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.57 171.10 Td ( ) Tj ET Q q 0 0 0 rg BT 399.52 171.10 Td (shares ) Tj ET Q q 0 0 0 rg BT 426.47 171.10 Td (were ) Tj ET Q q 0 0 0 rg BT 447.85 171.10 Td (repurchased ) Tj ET Q q 0 0 0 rg BT 498.11 171.10 Td (under ) Tj ET Q q 0 0 0 rg BT 522.84 171.10 Td (this ) Tj ET Q q 0 0 0 rg BT 539.24 171.10 Td (Share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 99.15 159.10 Td (Program.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Capital ) Tj ET Q q 0 0 0 rg BT 84.09 142.10 Td (r) Tj ET Q q 0 0 0 rg BT 88.35 142.10 Td (esour) Tj ET Q q 0 0 0 rg BT 111.50 142.10 Td (ces) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.26 142.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.68 142.10 Td (- ) Tj ET Q q 0 0 0 rg BT 132.26 142.10 Td (The ) Tj ET Q q 0 0 0 rg BT 150.22 142.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 191.53 142.10 Td (manages ) Tj ET Q q 0 0 0 rg BT 228.93 142.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 258.00 142.10 Td (using ) Tj ET Q q 0 0 0 rg BT 282.09 142.10 Td (both ) Tj ET Q q 0 0 0 rg BT 302.28 142.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 345.80 142.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 374.87 142.10 Td (measures ) Tj ET Q q 0 0 0 rg BT 414.49 142.10 Td (and ) Tj ET Q q 0 0 0 rg BT 431.35 142.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 464.31 142.10 Td (metrics. ) Tj ET Q q 0 0 0 rg BT 498.49 142.10 Td (The ) Tj ET Q q 0 0 0 rg BT 516.45 142.10 Td (Company) Tj ET Q q 0 0 0 rg BT 558.12 142.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 79.78 130.10 Td (is ) Tj ET Q q 0 0 0 rg BT 89.58 130.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 129.93 130.10 Td (derived ) Tj ET Q q 0 0 0 rg BT 163.05 130.10 Td (from ) Tj ET Q q 0 0 0 rg BT 185.62 130.10 Td (common ) Tj ET Q q 0 0 0 rg BT 223.75 130.10 Td (shareholders) Tj ET Q q 0 0 0 rg BT 276.87 130.10 Td ( ) Tj ET Q q 0 0 0 rg BT 280.00 130.10 Td (equity) Tj ET Q q 0 0 0 rg BT 304.35 130.10 Td (, ) Tj ET Q q 0 0 0 rg BT 309.98 130.10 Td (retained ) Tj ET Q q 0 0 0 rg BT 345.31 130.10 Td (deficit ) Tj ET Q q 0 0 0 rg BT 373.99 130.10 Td (and ) Tj ET Q q 0 0 0 rg BT 391.56 130.10 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 445.22 130.10 Td (other ) Tj ET Q q 0 0 0 rg BT 468.90 130.10 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 532.56 130.10 Td (income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (\(loss\). ) Tj ET Q endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.36 742.10 Td (a ) Tj ET Q q 0 0 0 rg BT 72.04 742.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 105.84 742.10 Td (company) Tj ET Q q 0 0 0 rg BT 141.85 742.10 Td (, ) Tj ET Q q 0 0 0 rg BT 146.87 742.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 171.22 742.10 Td (could ) Tj ET Q q 0 0 0 rg BT 196.69 742.10 Td (derive ) Tj ET Q q 0 0 0 rg BT 224.91 742.10 Td (cash ) Tj ET Q q 0 0 0 rg BT 245.93 742.10 Td (from ) Tj ET Q q 0 0 0 rg BT 268.61 742.10 Td (its ) Tj ET Q q 0 0 0 rg BT 281.30 742.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 323.41 742.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 375.54 742.10 Td (generally ) Tj ET Q q 0 0 0 rg BT 415.99 742.10 Td (in ) Tj ET Q q 0 0 0 rg BT 427.01 742.10 Td (the ) Tj ET Q q 0 0 0 rg BT 442.47 742.10 Td (form ) Tj ET Q q 0 0 0 rg BT 465.15 742.10 Td (of ) Tj ET Q q 0 0 0 rg BT 476.73 742.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 518.86 742.10 Td (to ) Tj ET Q q 0 0 0 rg BT 529.88 742.10 Td (meet ) Tj ET Q q 0 0 0 rg BT 552.56 742.10 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 99.73 730.10 Td (which ) Tj ET Q q 0 0 0 rg BT 126.96 730.10 Td (will ) Tj ET Q q 0 0 0 rg BT 145.30 730.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 185.30 730.10 Td (consist ) Tj ET Q q 0 0 0 rg BT 215.86 730.10 Td (of ) Tj ET Q q 0 0 0 rg BT 226.98 730.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 267.53 730.10 Td (expense ) Tj ET Q q 0 0 0 rg BT 302.53 730.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 343.64 730.10 Td (and ) Tj ET Q q 0 0 0 rg BT 360.86 730.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 380.87 730.10 Td (payments. ) Tj ET Q q 0 0 0 rg BT 423.87 730.10 Td (Atlas) Tj ET Q q 0 0 0 rg BT 447.56 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.35 730.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 492.00 730.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 543.68 730.10 Td (fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (their ) Tj ET Q q 0 0 0 rg BT 71.87 718.10 Td (obligations ) Tj ET Q q 0 0 0 rg BT 119.86 718.10 Td (primarily ) Tj ET Q q 0 0 0 rg BT 160.62 718.10 Td (through ) Tj ET Q q 0 0 0 rg BT 195.28 718.10 Td (premium ) Tj ET Q q 0 0 0 rg BT 234.93 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 252.92 718.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 300.34 718.10 Td (income ) Tj ET Q q 0 0 0 rg BT 333.33 718.10 Td (and ) Tj ET Q q 0 0 0 rg BT 351.31 718.10 Td (maturities ) Tj ET Q q 0 0 0 rg BT 394.85 718.10 Td (in ) Tj ET Q q 0 0 0 rg BT 406.17 718.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.94 718.10 Td (securities ) Tj ET Q q 0 0 0 rg BT 463.25 718.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 504.04 718.10 Td (The ) Tj ET Q q 0 0 0 rg BT 523.13 718.10 Td (Insurance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 101.18 706.10 Td (require ) Tj ET Q q 0 0 0 rg BT 131.80 706.10 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 175.19 706.10 Td (approval ) Tj ET Q q 0 0 0 rg BT 212.47 706.10 Td (for ) Tj ET Q q 0 0 0 rg BT 226.43 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 240.94 706.10 Td (return ) Tj ET Q q 0 0 0 rg BT 267.12 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 277.74 706.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 306.69 706.10 Td (and, ) Tj ET Q q 0 0 0 rg BT 325.93 706.10 Td (in ) Tj ET Q q 0 0 0 rg BT 336.00 706.10 Td (certain ) Tj ET Q q 0 0 0 rg BT 365.50 706.10 Td (circumstances, ) Tj ET Q q 0 0 0 rg BT 426.94 706.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 448.68 706.10 Td (to ) Tj ET Q q 0 0 0 rg BT 458.75 706.10 Td (the ) Tj ET Q q 0 0 0 rg BT 473.27 706.10 Td (payment ) Tj ET Q q 0 0 0 rg BT 510.00 706.10 Td (of ) Tj ET Q q 0 0 0 rg BT 520.63 706.10 Td (dividends. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (In ) Tj ET Q q 0 0 0 rg BT 61.03 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 75.95 694.10 Td (event ) Tj ET Q q 0 0 0 rg BT 100.31 694.10 Td (that ) Tj ET Q q 0 0 0 rg BT 118.00 694.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 159.59 694.10 Td (available ) Tj ET Q q 0 0 0 rg BT 198.38 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 208.86 694.10 Td (the ) Tj ET Q q 0 0 0 rg BT 223.78 694.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 257.04 694.10 Td (company ) Tj ET Q q 0 0 0 rg BT 296.40 694.10 Td (are ) Tj ET Q q 0 0 0 rg BT 311.31 694.10 Td (inadequate ) Tj ET Q q 0 0 0 rg BT 357.32 694.10 Td (to ) Tj ET Q q 0 0 0 rg BT 367.80 694.10 Td (cover ) Tj ET Q q 0 0 0 rg BT 392.71 694.10 Td (its ) Tj ET Q q 0 0 0 rg BT 404.86 694.10 Td (operating ) Tj ET Q q 0 0 0 rg BT 445.32 694.10 Td (expenses ) Tj ET Q q 0 0 0 rg BT 484.12 694.10 Td (and ) Tj ET Q q 0 0 0 rg BT 501.26 694.10 Td (debt ) Tj ET Q q 0 0 0 rg BT 521.18 694.10 Td (payments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.72 682.10 Td (holding ) Tj ET Q q 0 0 0 rg BT 97.77 682.10 Td (company ) Tj ET Q q 0 0 0 rg BT 136.93 682.10 Td (would ) Tj ET Q q 0 0 0 rg BT 164.43 682.10 Td (need ) Tj ET Q q 0 0 0 rg BT 185.81 682.10 Td (to ) Tj ET Q q 0 0 0 rg BT 196.08 682.10 Td (raise ) Tj ET Q q 0 0 0 rg BT 217.46 682.10 Td (capital, ) Tj ET Q q 0 0 0 rg BT 249.11 682.10 Td (sell ) Tj ET Q q 0 0 0 rg BT 265.50 682.10 Td (assets ) Tj ET Q q 0 0 0 rg BT 291.33 682.10 Td (or ) Tj ET Q q 0 0 0 rg BT 302.16 682.10 Td (incur ) Tj ET Q q 0 0 0 rg BT 325.21 682.10 Td (future ) Tj ET Q q 0 0 0 rg BT 351.58 682.10 Td (debt. ) Tj ET Q q 0 0 0 rg BT 373.80 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.10 Td (The ) Tj ET Q q 0 0 0 rg BT 68.44 665.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 110.20 665.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 161.98 665.10 Td (must ) Tj ET Q q 0 0 0 rg BT 184.33 665.10 Td (each ) Tj ET Q q 0 0 0 rg BT 205.54 665.10 Td (maintain ) Tj ET Q q 0 0 0 rg BT 243.42 665.10 Td (a ) Tj ET Q q 0 0 0 rg BT 250.75 665.10 Td (minimum ) Tj ET Q q 0 0 0 rg BT 292.54 665.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 330.43 665.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 359.98 665.10 Td (and ) Tj ET Q q 0 0 0 rg BT 377.31 665.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 409.09 665.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.32 665.10 Td ($1.5 ) Tj ET Q q 0 0 0 rg BT 440.71 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.61 665.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.00 665.10 Td ($2.4 ) Tj ET Q q 0 0 0 rg BT 495.39 665.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.29 665.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.18 665.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.51 665.10 Td ($3.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 653.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.24 653.10 Td (under ) Tj ET Q q 0 0 0 rg BT 108.36 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.92 653.10 Td (provisions ) Tj ET Q q 0 0 0 rg BT 168.94 653.10 Td (of ) Tj ET Q q 0 0 0 rg BT 180.62 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 196.19 653.10 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 227.87 653.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 270.08 653.10 Td (Code, ) Tj ET Q q 0 0 0 rg BT 297.04 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 312.61 653.10 Td (Missouri ) Tj ET Q q 0 0 0 rg BT 351.52 653.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 393.73 653.10 Td (Code ) Tj ET Q q 0 0 0 rg BT 418.19 653.10 Td (and ) Tj ET Q q 0 0 0 rg BT 435.98 653.10 Td (the ) Tj ET Q q 0 0 0 rg BT 451.54 653.10 Td (New ) Tj ET Q q 0 0 0 rg BT 473.28 653.10 Td (Y) Tj ET Q q 0 0 0 rg BT 479.50 653.10 Td (ork ) Tj ET Q q 0 0 0 rg BT 496.18 653.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 538.39 653.10 Td (Code, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 641.10 Td (. ) Tj ET Q q 0 0 0 rg BT 103.05 641.10 Td (Dividends ) Tj ET Q q 0 0 0 rg BT 147.06 641.10 Td (may ) Tj ET Q q 0 0 0 rg BT 167.17 641.10 Td (only ) Tj ET Q q 0 0 0 rg BT 187.84 641.10 Td (be ) Tj ET Q q 0 0 0 rg BT 200.17 641.10 Td (paid ) Tj ET Q q 0 0 0 rg BT 220.28 641.10 Td (from ) Tj ET Q q 0 0 0 rg BT 242.61 641.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 280.50 641.10 Td (unassigned ) Tj ET Q q 0 0 0 rg BT 327.83 641.10 Td (surplus, ) Tj ET Q q 0 0 0 rg BT 362.11 641.10 Td (and ) Tj ET Q q 0 0 0 rg BT 379.45 641.10 Td (payments ) Tj ET Q q 0 0 0 rg BT 420.66 641.10 Td (may ) Tj ET Q q 0 0 0 rg BT 440.77 641.10 Td (not ) Tj ET Q q 0 0 0 rg BT 456.45 641.10 Td (be ) Tj ET Q q 0 0 0 rg BT 468.78 641.10 Td (made ) Tj ET Q q 0 0 0 rg BT 493.33 641.10 Td (if ) Tj ET Q q 0 0 0 rg BT 502.33 641.10 Td (such ) Tj ET Q q 0 0 0 rg BT 523.55 641.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 555.33 641.10 Td (is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.10 Td (less ) Tj ET Q q 0 0 0 rg BT 67.29 629.10 Td (than ) Tj ET Q q 0 0 0 rg BT 86.79 629.10 Td (a ) Tj ET Q q 0 0 0 rg BT 93.52 629.10 Td (stipulated ) Tj ET Q q 0 0 0 rg BT 134.69 629.10 Td (amount. ) Tj ET Q q 0 0 0 rg BT 169.31 629.10 Td (The ) Tj ET Q q 0 0 0 rg BT 187.15 629.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 224.43 629.10 Td (restriction ) Tj ET Q q 0 0 0 rg BT 267.26 629.10 Td (for ) Tj ET Q q 0 0 0 rg BT 281.21 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 295.21 629.10 Td (ASI ) Tj ET Q q 0 0 0 rg BT 313.62 629.10 Td (Pool ) Tj ET Q q 0 0 0 rg BT 334.24 629.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 385.42 629.10 Td (is ) Tj ET Q q 0 0 0 rg BT 394.38 629.10 Td (the ) Tj ET Q q 0 0 0 rg BT 408.88 629.10 Td (greater ) Tj ET Q q 0 0 0 rg BT 438.93 629.10 Td (of ) Tj ET Q q 0 0 0 rg BT 449.55 629.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 486.83 629.10 Td (net ) Tj ET Q q 0 0 0 rg BT 501.34 629.10 Td (income ) Tj ET Q q 0 0 0 rg BT 533.06 629.10 Td (or ) Tj ET Q q 0 0 0 rg BT 543.68 629.10 Td (10% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.57 617.10 Td (total ) Tj ET Q q 0 0 0 rg BT 80.58 617.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 117.81 617.10 Td (capital ) Tj ET Q q 0 0 0 rg BT 146.70 617.10 Td (and ) Tj ET Q q 0 0 0 rg BT 163.38 617.10 Td (surplus. ) Tj ET Q q 0 0 0 rg BT 196.85 617.10 Td (The ) Tj ET Q q 0 0 0 rg BT 214.64 617.10 Td (dividend ) Tj ET Q q 0 0 0 rg BT 251.87 617.10 Td (restriction ) Tj ET Q q 0 0 0 rg BT 294.65 617.10 Td (for ) Tj ET Q q 0 0 0 rg BT 308.55 617.10 Td (Global ) Tj ET Q q 0 0 0 rg BT 338.00 617.10 Td (Liberty ) Tj ET Q q 0 0 0 rg BT 369.68 617.10 Td (is ) Tj ET Q q 0 0 0 rg BT 378.59 617.10 Td (the ) Tj ET Q q 0 0 0 rg BT 393.04 617.10 Td (lower ) Tj ET Q q 0 0 0 rg BT 418.05 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 428.62 617.10 Td (10% ) Tj ET Q q 0 0 0 rg BT 449.19 617.10 Td (of ) Tj ET Q q 0 0 0 rg BT 459.76 617.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 496.99 617.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 528.12 617.10 Td (or ) Tj ET Q q 0 0 0 rg BT 538.69 617.10 Td (100% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (of ) Tj ET Q q 0 0 0 rg BT 60.83 605.10 Td (adjusted ) Tj ET Q q 0 0 0 rg BT 96.66 605.10 Td (net ) Tj ET Q q 0 0 0 rg BT 111.37 605.10 Td (investment ) Tj ET Q q 0 0 0 rg BT 157.75 605.10 Td (income ) Tj ET Q q 0 0 0 rg BT 189.69 605.10 Td (for ) Tj ET Q q 0 0 0 rg BT 203.85 605.10 Td (the ) Tj ET Q q 0 0 0 rg BT 218.56 605.10 Td (preceding ) Tj ET Q q 0 0 0 rg BT 260.49 605.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 289.64 605.10 Td (month ) Tj ET Q q 0 0 0 rg BT 317.70 605.10 Td (period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (As ) Tj ET Q q 0 0 0 rg BT 64.75 588.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.71 588.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 121.45 588.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.45 588.10 Td (, ) Tj ET Q q 0 0 0 rg BT 147.58 588.10 Td (our ) Tj ET Q q 0 0 0 rg BT 164.55 588.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 207.05 588.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 259.57 588.10 Td (had ) Tj ET Q q 0 0 0 rg BT 277.65 588.10 Td (a ) Tj ET Q q 0 0 0 rg BT 285.72 588.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 328.79 588.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 367.42 588.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 399.95 588.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.91 588.10 Td ($91.0 ) Tj ET Q q 0 0 0 rg BT 438.05 588.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.94 588.10 Td ( ) Tj ET Q q 0 0 0 rg BT 470.57 588.10 Td (and ) Tj ET Q q 0 0 0 rg BT 488.65 588.10 Td (had ) Tj ET Q q 0 0 0 rg BT 506.72 588.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 549.79 588.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 92.20 576.10 Td (written ) Tj ET Q q 0 0 0 rg BT 122.73 576.10 Td (and ) Tj ET Q q 0 0 0 rg BT 139.37 576.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 181.01 576.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 218.21 576.10 Td (net ) Tj ET Q q 0 0 0 rg BT 232.63 576.10 Td (income ) Tj ET Q q 0 0 0 rg BT 264.26 576.10 Td (for ) Tj ET Q q 0 0 0 rg BT 278.13 576.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.55 576.10 Td (three ) Tj ET Q q 0 0 0 rg BT 314.74 576.10 Td (month ) Tj ET Q q 0 0 0 rg BT 342.50 576.10 Td (period ) Tj ET Q q 0 0 0 rg BT 370.25 576.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 396.33 576.10 Td (March ) Tj ET Q q 0 0 0 rg BT 424.63 576.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 439.33 576.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.33 576.10 Td ( ) Tj ET Q q 0 0 0 rg BT 461.54 576.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.07 576.10 Td ($82.2 ) Tj ET Q q 0 0 0 rg BT 496.77 576.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.67 576.10 Td ( ) Tj ET Q q 0 0 0 rg BT 527.87 576.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.51 576.10 Td ($3.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 564.10 Td (, ) Tj ET Q q 0 0 0 rg BT 83.89 564.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 131.55 564.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (As ) Tj ET Q q 0 0 0 rg BT 63.92 547.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.05 547.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 133.94 547.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.94 547.10 Td (, ) Tj ET Q q 0 0 0 rg BT 159.24 547.10 Td (our ) Tj ET Q q 0 0 0 rg BT 175.37 547.10 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 217.04 547.10 Td (Subsidiaries ) Tj ET Q q 0 0 0 rg BT 268.73 547.10 Td (had ) Tj ET Q q 0 0 0 rg BT 285.97 547.10 Td (a ) Tj ET Q q 0 0 0 rg BT 293.21 547.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 335.45 547.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 373.25 547.10 Td (surplus ) Tj ET Q q 0 0 0 rg BT 404.94 547.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.07 547.10 Td ($87.8 ) Tj ET Q q 0 0 0 rg BT 441.38 547.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.27 547.10 Td ( ) Tj ET Q q 0 0 0 rg BT 473.07 547.10 Td (and ) Tj ET Q q 0 0 0 rg BT 490.31 547.10 Td (had ) Tj ET Q q 0 0 0 rg BT 507.55 547.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 549.79 547.10 Td (net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (premiums ) Tj ET Q q 0 0 0 rg BT 92.57 535.10 Td (written ) Tj ET Q q 0 0 0 rg BT 123.46 535.10 Td (and ) Tj ET Q q 0 0 0 rg BT 140.47 535.10 Td (combined ) Tj ET Q q 0 0 0 rg BT 182.48 535.10 Td (statutory ) Tj ET Q q 0 0 0 rg BT 220.04 535.10 Td (net ) Tj ET Q q 0 0 0 rg BT 234.83 535.10 Td (loss ) Tj ET Q q 0 0 0 rg BT 252.96 535.10 Td (for ) Tj ET Q q 0 0 0 rg BT 267.19 535.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.98 535.10 Td (twelve ) Tj ET Q q 0 0 0 rg BT 311.21 535.10 Td (month ) Tj ET Q q 0 0 0 rg BT 339.33 535.10 Td (period ) Tj ET Q q 0 0 0 rg BT 367.45 535.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.90 535.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 452.55 535.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.55 535.10 Td ( ) Tj ET Q q 0 0 0 rg BT 475.12 535.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.03 535.10 Td ($231.1 ) Tj ET Q q 0 0 0 rg BT 516.10 535.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.99 535.10 Td ( ) Tj ET Q q 0 0 0 rg BT 547.56 535.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td ($35.2 ) Tj ET Q q 0 0 0 rg BT 75.00 523.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 523.10 Td (, ) Tj ET Q q 0 0 0 rg BT 108.89 523.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 156.55 523.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 73.84 506.10 Td (did ) Tj ET Q q 0 0 0 rg BT 89.35 506.10 Td (not ) Tj ET Q q 0 0 0 rg BT 104.87 506.10 Td (declare ) Tj ET Q q 0 0 0 rg BT 136.46 506.10 Td (or ) Tj ET Q q 0 0 0 rg BT 147.52 506.10 Td (pay ) Tj ET Q q 0 0 0 rg BT 164.70 506.10 Td (any ) Tj ET Q q 0 0 0 rg BT 181.87 506.10 Td (dividends ) Tj ET Q q 0 0 0 rg BT 223.49 506.10 Td (to ) Tj ET Q q 0 0 0 rg BT 234.00 506.10 Td (its ) Tj ET Q q 0 0 0 rg BT 246.18 506.10 Td (common ) Tj ET Q q 0 0 0 rg BT 283.91 506.10 Td (shareholders ) Tj ET Q q 0 0 0 rg BT 337.18 506.10 Td (during ) Tj ET Q q 0 0 0 rg BT 366.02 506.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.97 506.10 Td (three ) Tj ET Q q 0 0 0 rg BT 403.69 506.10 Td (month ) Tj ET Q q 0 0 0 rg BT 431.98 506.10 Td (period ) Tj ET Q q 0 0 0 rg BT 460.26 506.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 486.87 506.10 Td (March ) Tj ET Q q 0 0 0 rg BT 515.70 506.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 530.94 506.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.94 506.10 Td ( ) Tj ET Q q 0 0 0 rg BT 553.67 506.10 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (during ) Tj ET Q q 0 0 0 rg BT 78.61 494.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.33 494.10 Td (year ) Tj ET Q q 0 0 0 rg BT 113.03 494.10 Td (ended ) Tj ET Q q 0 0 0 rg BT 139.41 494.10 Td (December ) Tj ET Q q 0 0 0 rg BT 182.99 494.10 Td (31, ) Tj ET Q q 0 0 0 rg BT 197.99 494.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.99 494.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 477.10 Td (Application ) Tj ET Q q 0 0 0 rg BT 102.51 477.10 Td (of ) Tj ET Q q 0 0 0 rg BT 113.34 477.10 Td (Critical ) Tj ET Q q 0 0 0 rg BT 148.05 477.10 Td (Accounting ) Tj ET Q q 0 0 0 rg BT 199.44 477.10 Td (Policies ) Tj ET Q q 0 0 0 rg BT 234.16 477.10 Td (and ) Tj ET Q q 0 0 0 rg BT 252.78 477.10 Td (Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (There ) Tj ET Q q 0 0 0 rg BT 76.27 460.10 Td (have ) Tj ET Q q 0 0 0 rg BT 98.10 460.10 Td (been ) Tj ET Q q 0 0 0 rg BT 119.92 460.10 Td (no ) Tj ET Q q 0 0 0 rg BT 132.88 460.10 Td (material ) Tj ET Q q 0 0 0 rg BT 168.59 460.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 203.75 460.10 Td (to ) Tj ET Q q 0 0 0 rg BT 214.48 460.10 Td (the ) Tj ET Q q 0 0 0 rg BT 229.64 460.10 Td (application ) Tj ET Q q 0 0 0 rg BT 277.02 460.10 Td (of ) Tj ET Q q 0 0 0 rg BT 288.31 460.10 Td (critical ) Tj ET Q q 0 0 0 rg BT 319.02 460.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 365.84 460.10 Td (estimates ) Tj ET Q q 0 0 0 rg BT 406.00 460.10 Td (and ) Tj ET Q q 0 0 0 rg BT 423.39 460.10 Td (policies ) Tj ET Q q 0 0 0 rg BT 457.45 460.10 Td (that ) Tj ET Q q 0 0 0 rg BT 475.40 460.10 Td (were ) Tj ET Q q 0 0 0 rg BT 497.78 460.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 539.06 460.10 Td (in ) Tj ET Q q 0 0 0 rg BT 549.79 460.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 448.10 Td (s ) Tj ET Q q 0 0 0 rg BT 98.10 448.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 130.79 448.10 Td (Report ) Tj ET Q q 0 0 0 rg BT 161.27 448.10 Td (on ) Tj ET Q q 0 0 0 rg BT 174.53 448.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 199.46 448.10 Td (10-K ) Tj ET Q q 0 0 0 rg BT 223.27 448.10 Td (for ) Tj ET Q q 0 0 0 rg BT 238.19 448.10 Td (the ) Tj ET Q q 0 0 0 rg BT 253.67 448.10 Td (year ) Tj ET Q q 0 0 0 rg BT 274.13 448.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.27 448.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 360.61 448.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.61 448.10 Td (. ) Tj ET Q q 0 0 0 rg BT 386.37 448.10 Td (For ) Tj ET Q q 0 0 0 rg BT 403.52 448.10 Td (a ) Tj ET Q q 0 0 0 rg BT 411.22 448.10 Td (complete ) Tj ET Q q 0 0 0 rg BT 451.13 448.10 Td (summary ) Tj ET Q q 0 0 0 rg BT 491.60 448.10 Td (of ) Tj ET Q q 0 0 0 rg BT 503.19 448.10 Td (our ) Tj ET Q q 0 0 0 rg BT 519.78 448.10 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (accounting ) Tj ET Q q 0 0 0 rg BT 95.96 436.10 Td (policies, ) Tj ET Q q 0 0 0 rg BT 131.65 436.10 Td (see ) Tj ET Q q 0 0 0 rg BT 146.51 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 160.82 436.10 Td (notes ) Tj ET Q q 0 0 0 rg BT 184.01 436.10 Td (to ) Tj ET Q q 0 0 0 rg BT 193.88 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 208.19 436.10 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 260.82 436.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 297.89 436.10 Td (statements ) Tj ET Q q 0 0 0 rg BT 342.19 436.10 Td (and ) Tj ET Q q 0 0 0 rg BT 358.71 436.10 Td (our ) Tj ET Q q 0 0 0 rg BT 373.67 436.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 405.20 436.10 Td (Report ) Tj ET Q q 0 0 0 rg BT 434.51 436.10 Td (on ) Tj ET Q q 0 0 0 rg BT 446.59 436.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 470.35 436.10 Td (10-K ) Tj ET Q q 0 0 0 rg BT 492.99 436.10 Td (for ) Tj ET Q q 0 0 0 rg BT 506.74 436.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.05 436.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 544.79 436.10 Td (year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 424.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 134.96 424.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 424.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (Item 3. ) Tj ET Q q 0 0 0 rg BT 104.00 402.10 Td (Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 269.10 402.10 Td (es ) Tj ET Q q 0 0 0 rg BT 279.38 402.10 Td (About Market Risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.74 385.10 Td (have ) Tj ET Q q 0 0 0 rg BT 97.04 385.10 Td (been ) Tj ET Q q 0 0 0 rg BT 118.34 385.10 Td (no ) Tj ET Q q 0 0 0 rg BT 130.77 385.10 Td (material ) Tj ET Q q 0 0 0 rg BT 165.95 385.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 200.58 385.10 Td (to ) Tj ET Q q 0 0 0 rg BT 210.78 385.10 Td (the ) Tj ET Q q 0 0 0 rg BT 225.42 385.10 Td (quantitative ) Tj ET Q q 0 0 0 rg BT 275.06 385.10 Td (and ) Tj ET Q q 0 0 0 rg BT 291.92 385.10 Td (qualitative ) Tj ET Q q 0 0 0 rg BT 336.55 385.10 Td (disclosures ) Tj ET Q q 0 0 0 rg BT 383.41 385.10 Td (about ) Tj ET Q q 0 0 0 rg BT 408.05 385.10 Td (market ) Tj ET Q q 0 0 0 rg BT 438.24 385.10 Td (risk ) Tj ET Q q 0 0 0 rg BT 455.67 385.10 Td (that ) Tj ET Q q 0 0 0 rg BT 473.09 385.10 Td (were ) Tj ET Q q 0 0 0 rg BT 494.94 385.10 Td (discussed ) Tj ET Q q 0 0 0 rg BT 535.69 385.10 Td (in ) Tj ET Q q 0 0 0 rg BT 545.90 385.10 Td (Part ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (II, ) Tj ET Q q 0 0 0 rg BT 61.66 373.10 Td (Item ) Tj ET Q q 0 0 0 rg BT 82.49 373.10 Td (7A) Tj ET Q q 0 0 0 rg BT 94.16 373.10 Td ( ) Tj ET Q q 0 0 0 rg BT 96.66 373.10 Td (of ) Tj ET Q q 0 0 0 rg BT 107.49 373.10 Td (the ) Tj ET Q q 0 0 0 rg BT 122.20 373.10 Td (Company) Tj ET Q q 0 0 0 rg BT 163.87 373.10 Td (s ) Tj ET Q q 0 0 0 rg BT 169.71 373.10 Td (Annual ) Tj ET Q q 0 0 0 rg BT 201.65 373.10 Td (Report ) Tj ET Q q 0 0 0 rg BT 231.36 373.10 Td (on ) Tj ET Q q 0 0 0 rg BT 243.86 373.10 Td (Form ) Tj ET Q q 0 0 0 rg BT 268.03 373.10 Td (10-K ) Tj ET Q q 0 0 0 rg BT 291.08 373.10 Td (for ) Tj ET Q q 0 0 0 rg BT 305.24 373.10 Td (the ) Tj ET Q q 0 0 0 rg BT 319.96 373.10 Td (year ) Tj ET Q q 0 0 0 rg BT 339.67 373.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.04 373.10 Td (December31, ) Tj ET Q q 0 0 0 rg BT 424.63 373.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.63 373.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 351.10 Td (Item 4. ) Tj ET Q q 0 0 0 rg BT 104.00 351.10 Td (Contr) Tj ET Q q 0 0 0 rg BT 129.37 351.10 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 172.53 351.10 Td (ocedur) Tj ET Q q 0 0 0 rg BT 201.79 351.10 Td (es.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (Evaluation ) Tj ET Q q 0 0 0 rg BT 99.18 334.10 Td (of ) Tj ET Q q 0 0 0 rg BT 110.01 334.10 Td (Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 334.10 Td (e ) Tj ET Q q 0 0 0 rg BT 156.77 334.10 Td (Contr) Tj ET Q q 0 0 0 rg BT 182.14 334.10 Td (ols ) Tj ET Q q 0 0 0 rg BT 196.31 334.10 Td (and ) Tj ET Q q 0 0 0 rg BT 214.93 334.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 225.30 334.10 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 334.10 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.89 334.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.10 Td (Under ) Tj ET Q q 0 0 0 rg BT 77.50 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 92.22 317.10 Td (supervision ) Tj ET Q q 0 0 0 rg BT 140.84 317.10 Td (and ) Tj ET Q q 0 0 0 rg BT 157.78 317.10 Td (with ) Tj ET Q q 0 0 0 rg BT 178.07 317.10 Td (the ) Tj ET Q q 0 0 0 rg BT 192.79 317.10 Td (participation ) Tj ET Q q 0 0 0 rg BT 245.84 317.10 Td (of ) Tj ET Q q 0 0 0 rg BT 256.67 317.10 Td (our ) Tj ET Q q 0 0 0 rg BT 272.51 317.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 328.61 317.10 Td (including ) Tj ET Q q 0 0 0 rg BT 368.89 317.10 Td (our ) Tj ET Q q 0 0 0 rg BT 384.73 317.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 409.45 317.10 Td (Executive ) Tj ET Q q 0 0 0 rg BT 451.94 317.10 Td (Of) Tj ET Q q 0 0 0 rg BT 462.31 317.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 483.13 317.10 Td (and ) Tj ET Q q 0 0 0 rg BT 500.08 317.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 524.80 317.10 Td (Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 305.10 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 305.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 78.29 305.10 Td (, ) Tj ET Q q 0 0 0 rg BT 83.02 305.10 Td (we ) Tj ET Q q 0 0 0 rg BT 96.91 305.10 Td (conducted ) Tj ET Q q 0 0 0 rg BT 140.23 305.10 Td (an ) Tj ET Q q 0 0 0 rg BT 151.90 305.10 Td (evaluation ) Tj ET Q q 0 0 0 rg BT 195.79 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 206.35 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 220.80 305.10 Td (ef) Tj ET Q q 0 0 0 rg BT 228.38 305.10 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 275.04 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 285.60 305.10 Td (the ) Tj ET Q q 0 0 0 rg BT 300.05 305.10 Td (design ) Tj ET Q q 0 0 0 rg BT 328.39 305.10 Td (and ) Tj ET Q q 0 0 0 rg BT 345.06 305.10 Td (operation ) Tj ET Q q 0 0 0 rg BT 385.05 305.10 Td (of ) Tj ET Q q 0 0 0 rg BT 395.62 305.10 Td (our ) Tj ET Q q 0 0 0 rg BT 411.18 305.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 453.96 305.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 488.40 305.10 Td (and ) Tj ET Q q 0 0 0 rg BT 505.07 305.10 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 553.67 305.10 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.10 Td (defined ) Tj ET Q q 0 0 0 rg BT 82.63 293.10 Td (in ) Tj ET Q q 0 0 0 rg BT 93.04 293.10 Td (Rules13a-15\(e\) ) Tj ET Q q 0 0 0 rg BT 159.83 293.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.91 293.10 Td (15d-15\(e\) ) Tj ET Q q 0 0 0 rg BT 218.98 293.10 Td (under ) Tj ET Q q 0 0 0 rg BT 244.39 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 259.25 293.10 Td (Securities ) Tj ET Q q 0 0 0 rg BT 301.32 293.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 342.80 293.10 Td (Act ) Tj ET Q q 0 0 0 rg BT 359.88 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 370.85 293.10 Td (1934 ) Tj ET Q q 0 0 0 rg BT 393.49 293.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 411.68 293.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 457.60 293.10 Td (Act\), ) Tj ET Q q 0 0 0 rg BT 484.95 293.10 Td (as ) Tj ET Q q 0 0 0 rg BT 495.92 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 506.89 293.10 Td (the ) Tj ET Q q 0 0 0 rg BT 521.75 293.10 Td (end ) Tj ET Q q 0 0 0 rg BT 538.83 293.10 Td (of ) Tj ET Q q 0 0 0 rg BT 549.80 293.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 281.10 Td (period ) Tj ET Q q 0 0 0 rg BT 77.05 281.10 Td (covered ) Tj ET Q q 0 0 0 rg BT 110.19 281.10 Td (by ) Tj ET Q q 0 0 0 rg BT 121.69 281.10 Td (this ) Tj ET Q q 0 0 0 rg BT 137.64 281.10 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 175.24 281.10 Td (report. ) Tj ET Q q 0 0 0 rg BT 203.11 281.10 Td (Based ) Tj ET Q q 0 0 0 rg BT 229.05 281.10 Td (on ) Tj ET Q q 0 0 0 rg BT 240.55 281.10 Td (this ) Tj ET Q q 0 0 0 rg BT 256.50 281.10 Td (evaluation, ) Tj ET Q q 0 0 0 rg BT 302.15 281.10 Td (our ) Tj ET Q q 0 0 0 rg BT 316.98 281.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 340.70 281.10 Td (Executive ) Tj ET Q q 0 0 0 rg BT 382.18 281.10 Td (Of) Tj ET Q q 0 0 0 rg BT 392.55 281.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 412.37 281.10 Td (and ) Tj ET Q q 0 0 0 rg BT 428.31 281.10 Td (Chief ) Tj ET Q q 0 0 0 rg BT 452.03 281.10 Td (Financial ) Tj ET Q q 0 0 0 rg BT 490.74 281.10 Td (Of) Tj ET Q q 0 0 0 rg BT 501.11 281.10 Td (ficer ) Tj ET Q q 0 0 0 rg BT 520.92 281.10 Td (concluded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 269.10 Td (that ) Tj ET Q q 0 0 0 rg BT 67.18 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 82.69 269.10 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 125.42 269.10 Td (controls ) Tj ET Q q 0 0 0 rg BT 159.83 269.10 Td (and ) Tj ET Q q 0 0 0 rg BT 176.45 269.10 Td (procedures ) Tj ET Q q 0 0 0 rg BT 222.50 269.10 Td (were ) Tj ET Q q 0 0 0 rg BT 244.11 269.10 Td (ef) Tj ET Q q 0 0 0 rg BT 251.70 269.10 Td (fective ) Tj ET Q q 0 0 0 rg BT 281.09 269.10 Td (such ) Tj ET Q q 0 0 0 rg BT 301.60 269.10 Td (that ) Tj ET Q q 0 0 0 rg BT 318.78 269.10 Td (the ) Tj ET Q q 0 0 0 rg BT 333.18 269.10 Td (information ) Tj ET Q q 0 0 0 rg BT 382.58 269.10 Td (required ) Tj ET Q q 0 0 0 rg BT 418.08 269.10 Td (to ) Tj ET Q q 0 0 0 rg BT 428.04 269.10 Td (be ) Tj ET Q q 0 0 0 rg BT 439.66 269.10 Td (disclosed ) Tj ET Q q 0 0 0 rg BT 479.06 269.10 Td (in ) Tj ET Q q 0 0 0 rg BT 489.02 269.10 Td (our ) Tj ET Q q 0 0 0 rg BT 504.54 269.10 Td (SEC ) Tj ET Q q 0 0 0 rg BT 525.06 269.10 Td (reportsis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 257.10 Td (recorded, ) Tj ET Q q 0 0 0 rg BT 90.00 257.10 Td (processed, ) Tj ET Q q 0 0 0 rg BT 134.46 257.10 Td (summarized ) Tj ET Q q 0 0 0 rg BT 185.86 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 202.83 257.10 Td (reported ) Tj ET Q q 0 0 0 rg BT 238.67 257.10 Td (within ) Tj ET Q q 0 0 0 rg BT 266.76 257.10 Td (the ) Tj ET Q q 0 0 0 rg BT 281.50 257.10 Td (time ) Tj ET Q q 0 0 0 rg BT 301.80 257.10 Td (periods ) Tj ET Q q 0 0 0 rg BT 333.77 257.10 Td (specified ) Tj ET Q q 0 0 0 rg BT 372.39 257.10 Td (in ) Tj ET Q q 0 0 0 rg BT 382.70 257.10 Td (SEC ) Tj ET Q q 0 0 0 rg BT 403.57 257.10 Td (rules ) Tj ET Q q 0 0 0 rg BT 425.53 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 442.50 257.10 Td (forms ) Tj ET Q q 0 0 0 rg BT 468.36 257.10 Td (and ) Tj ET Q q 0 0 0 rg BT 485.33 257.10 Td (is ) Tj ET Q q 0 0 0 rg BT 494.52 257.10 Td (accumulated ) Tj ET Q q 0 0 0 rg BT 547.58 257.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 245.10 Td (communicated ) Tj ET Q q 0 0 0 rg BT 111.86 245.10 Td (to ) Tj ET Q q 0 0 0 rg BT 122.64 245.10 Td (our ) Tj ET Q q 0 0 0 rg BT 138.97 245.10 Td (management, ) Tj ET Q q 0 0 0 rg BT 195.55 245.10 Td (including ) Tj ET Q q 0 0 0 rg BT 236.32 245.10 Td (our ) Tj ET Q q 0 0 0 rg BT 252.65 245.10 Td (Chief 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (Changes ) Tj ET Q q 0 0 0 rg BT 89.17 216.10 Td (in ) Tj ET Q q 0 0 0 rg BT 100.01 216.10 Td (Internal ) Tj ET Q q 0 0 0 rg BT 137.51 216.10 Td (Contr) Tj ET Q q 0 0 0 rg BT 162.89 216.10 Td (ol) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 199.10 Td (There ) Tj ET Q q 0 0 0 rg BT 75.98 199.10 Td (were ) Tj ET Q q 0 0 0 rg BT 98.06 199.10 Td (no ) Tj ET Q q 0 0 0 rg BT 110.72 199.10 Td (changes ) Tj ET Q q 0 0 0 rg BT 145.59 199.10 Td (to ) Tj ET Q q 0 0 0 rg BT 156.03 199.10 Td (our ) Tj ET Q q 0 0 0 rg BT 172.02 199.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 205.22 199.10 Td (control ) Tj ET Q q 0 0 0 rg BT 236.21 199.10 Td (over ) Tj ET Q q 0 0 0 rg BT 256.64 199.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 294.28 199.10 Td (reporting ) Tj ET Q q 0 0 0 rg BT 333.59 199.10 Td (during ) Tj ET Q q 0 0 0 rg BT 362.36 199.10 Td (the ) Tj ET Q q 0 0 0 rg BT 377.24 199.10 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 401.55 199.10 Td (quarter ) Tj ET Q q 0 0 0 rg BT 432.53 199.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.07 199.10 Td (March31, ) Tj ET Q q 0 0 0 rg BT 502.83 199.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.83 199.10 Td ( ) Tj ET Q q 0 0 0 rg BT 525.49 199.10 Td (that ) Tj ET Q q 0 0 0 rg BT 543.14 199.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 93.04 187.10 Td (af) Tj ET Q q 0 0 0 rg BT 100.63 187.10 Td (fected, ) Tj ET Q q 0 0 0 rg BT 130.05 187.10 Td (or ) Tj ET Q q 0 0 0 rg BT 140.88 187.10 Td (are ) Tj ET Q q 0 0 0 rg BT 155.59 187.10 Td (reasonably ) Tj ET Q q 0 0 0 rg BT 201.40 187.10 Td (likely ) Tj ET Q q 0 0 0 rg BT 226.67 187.10 Td (to ) Tj ET Q q 0 0 0 rg BT 236.95 187.10 Td (materially ) Tj ET Q q 0 0 0 rg BT 279.99 187.10 Td (af) Tj ET Q q 0 0 0 rg BT 287.58 187.10 Td (fect, ) Tj ET Q q 0 0 0 rg BT 307.56 187.10 Td (our ) Tj ET Q q 0 0 0 rg BT 323.39 187.10 Td (internal ) Tj ET Q q 0 0 0 rg BT 356.44 187.10 Td (control ) Tj ET Q q 0 0 0 rg BT 387.26 187.10 Td (over ) Tj ET Q q 0 0 0 rg BT 407.53 187.10 Td (financial ) Tj ET Q q 0 0 0 rg BT 445.01 187.10 Td (reporting.) Tj ET Q endstream endobj 101 0 obj <>] /Rotate 0 /Contents 102 0 R>> endobj 102 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 50 772.10029296875 m 113.85693359375 772.10029296875 l s q 0 0 1 rg BT 50.00 773.30 Td (T) Tj ET Q q 0 0 1 rg BT 54.87 773.30 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Part II. OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 170.92 742.25 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 720.25 Td (Item 1. ) Tj ET Q q 0 0 0 rg BT 104.00 720.25 Td (Legal Pr) Tj ET Q q 0 0 0 rg BT 140.75 720.25 Td (oceedings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 703.25 Td (In ) Tj ET Q q 0 0 0 rg BT 61.37 703.25 Td (connection ) Tj ET Q q 0 0 0 rg BT 108.28 703.25 Td (with ) Tj ET Q q 0 0 0 rg BT 129.10 703.25 Td (our ) Tj ET Q q 0 0 0 rg BT 145.46 703.25 Td (operations, ) Tj ET Q q 0 0 0 rg BT 192.66 703.25 Td (we ) Tj ET Q q 0 0 0 rg BT 207.36 703.25 Td (are, ) Tj ET Q q 0 0 0 rg BT 225.10 703.25 Td (from ) Tj ET Q q 0 0 0 rg BT 247.58 703.25 Td (time ) Tj ET Q q 0 0 0 rg BT 268.39 703.25 Td (to ) Tj ET Q q 0 0 0 rg BT 279.21 703.25 Td (time, ) Tj ET Q q 0 0 0 rg BT 302.52 703.25 Td (named ) Tj ET Q q 0 0 0 rg BT 332.21 703.25 Td (as ) Tj ET Q q 0 0 0 rg BT 343.58 703.25 Td (defendants ) Tj ET Q q 0 0 0 rg BT 389.94 703.25 Td (in ) Tj ET Q q 0 0 0 rg BT 400.75 703.25 Td (actions ) Tj ET Q q 0 0 0 rg BT 432.12 703.25 Td (for ) Tj ET Q q 0 0 0 rg BT 446.82 703.25 Td (damages ) Tj ET Q q 0 0 0 rg BT 484.84 703.25 Td (and ) Tj ET Q q 0 0 0 rg BT 502.32 703.25 Td (costs ) Tj ET Q q 0 0 0 rg BT 525.36 703.25 Td (allegedly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 691.25 Td (sustained ) Tj ET Q q 0 0 0 rg BT 89.96 691.25 Td (by ) Tj ET Q q 0 0 0 rg BT 102.69 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 117.65 691.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 146.35 691.25 Td (fs. ) Tj ET Q q 0 0 0 rg BT 158.61 691.25 Td (While ) Tj ET Q q 0 0 0 rg BT 185.78 691.25 Td (it ) Tj ET Q q 0 0 0 rg BT 194.08 691.25 Td (is ) Tj ET Q q 0 0 0 rg BT 203.49 691.25 Td (not ) Tj ET Q q 0 0 0 rg BT 219.00 691.25 Td (possible ) Tj ET Q q 0 0 0 rg BT 254.52 691.25 Td (to ) Tj ET Q q 0 0 0 rg BT 265.04 691.25 Td (estimate ) Tj ET Q q 0 0 0 rg BT 301.09 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 316.05 691.25 Td (outcome ) Tj ET Q q 0 0 0 rg BT 353.22 691.25 Td (of ) Tj ET Q q 0 0 0 rg BT 364.29 691.25 Td (the ) Tj ET Q q 0 0 0 rg BT 379.25 691.25 Td (various ) Tj ET Q q 0 0 0 rg BT 411.42 691.25 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 462.48 691.25 Td (at ) Tj ET Q q 0 0 0 rg BT 472.43 691.25 Td (this ) Tj ET Q q 0 0 0 rg BT 489.62 691.25 Td (time, ) Tj ET Q q 0 0 0 rg BT 512.63 691.25 Td (such ) Tj ET Q q 0 0 0 rg BT 533.70 691.25 Td (actions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 679.25 Td (have ) Tj ET Q q 0 0 0 rg BT 70.88 679.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 110.08 679.25 Td (been ) Tj ET Q q 0 0 0 rg BT 130.95 679.25 Td (resolved ) Tj ET Q q 0 0 0 rg BT 166.83 679.25 Td (with ) Tj ET Q q 0 0 0 rg BT 186.61 679.25 Td (minimal ) Tj ET Q q 0 0 0 rg BT 221.94 679.25 Td (damages ) Tj ET Q q 0 0 0 rg BT 258.92 679.25 Td (or ) Tj ET Q q 0 0 0 rg BT 269.25 679.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 303.46 679.25 Td (in ) Tj ET Q q 0 0 0 rg BT 313.24 679.25 Td (excess ) Tj ET Q q 0 0 0 rg BT 341.34 679.25 Td (of ) Tj ET Q q 0 0 0 rg BT 351.67 679.25 Td (amounts ) Tj ET Q q 0 0 0 rg BT 387.55 679.25 Td (provided, ) Tj ET Q q 0 0 0 rg BT 427.60 679.25 Td (and ) Tj ET Q q 0 0 0 rg BT 444.04 679.25 Td (our ) Tj ET Q q 0 0 0 rg BT 459.37 679.25 Td (company ) Tj ET Q q 0 0 0 rg BT 498.02 679.25 Td (does ) Tj ET Q q 0 0 0 rg BT 518.35 679.25 Td (not ) Tj ET Q q 0 0 0 rg BT 533.13 679.25 Td (believe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 667.25 Td (that ) Tj ET Q q 0 0 0 rg BT 67.50 667.25 Td (it ) Tj ET Q q 0 0 0 rg BT 75.55 667.25 Td (will ) Tj ET Q q 0 0 0 rg BT 93.61 667.25 Td (incur ) Tj ET Q q 0 0 0 rg BT 116.66 667.25 Td (any ) Tj ET Q q 0 0 0 rg BT 133.59 667.25 Td (significant ) Tj ET Q q 0 0 0 rg BT 178.31 667.25 Td (additional ) Tj ET Q q 0 0 0 rg BT 220.80 667.25 Td (loss ) Tj ET Q q 0 0 0 rg BT 238.86 667.25 Td (or ) Tj ET Q q 0 0 0 rg BT 249.69 667.25 Td (expense ) Tj ET Q q 0 0 0 rg BT 284.39 667.25 Td (in ) Tj ET Q q 0 0 0 rg BT 294.67 667.25 Td (connection ) Tj ET Q q 0 0 0 rg BT 341.04 667.25 Td (with ) Tj ET Q q 0 0 0 rg BT 361.32 667.25 Td (such ) Tj ET Q q 0 0 0 rg BT 382.15 667.25 Td (actions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (On ) Tj ET Q q 0 0 0 rg BT 64.57 650.25 Td (March ) Tj ET Q q 0 0 0 rg BT 93.01 650.25 Td (5, ) Tj ET Q q 0 0 0 rg BT 102.85 650.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 127.70 650.25 Td (a ) Tj ET Q q 0 0 0 rg BT 134.48 650.25 Td (complaint ) Tj ET Q q 0 0 0 rg BT 176.81 650.25 Td (was ) Tj ET Q q 0 0 0 rg BT 194.71 650.25 Td (filed ) Tj ET Q q 0 0 0 rg BT 215.38 650.25 Td (in ) Tj ET Q q 0 0 0 rg BT 225.50 650.25 Td (the ) Tj ET Q q 0 0 0 rg BT 240.06 650.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 260.19 650.25 Td (District ) Tj ET Q q 0 0 0 rg BT 292.52 650.25 Td (Court ) Tj ET Q q 0 0 0 rg BT 317.65 650.25 Td (for ) Tj ET Q q 0 0 0 rg BT 331.65 650.25 Td (the ) Tj ET Q q 0 0 0 rg BT 346.21 650.25 Td (Northern ) Tj ET Q q 0 0 0 rg BT 384.65 650.25 Td (District ) Tj ET Q q 0 0 0 rg BT 416.99 650.25 Td (of ) Tj ET Q q 0 0 0 rg BT 427.67 650.25 Td (Illinois ) Tj ET Q q 0 0 0 rg BT 458.34 650.25 Td (asserting ) Tj ET Q q 0 0 0 rg BT 496.24 650.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 524.68 650.25 Td (under ) Tj ET Q q 0 0 0 rg BT 549.79 650.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (federal ) Tj ET Q q 0 0 0 rg BT 80.70 638.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 121.40 638.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 142.68 638.25 Td (against ) Tj ET Q q 0 0 0 rg BT 173.95 638.25 Td (the ) Tj ET Q q 0 0 0 rg BT 189.11 638.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 230.94 638.25 Td (and ) Tj ET Q q 0 0 0 rg BT 248.32 638.25 Td (two ) Tj ET Q q 0 0 0 rg BT 266.26 638.25 Td (of ) Tj ET Q q 0 0 0 rg BT 277.54 638.25 Td (its ) Tj ET Q q 0 0 0 rg BT 289.93 638.25 Td (executive ) Tj ET Q q 0 0 0 rg BT 331.18 638.25 Td (of) Tj ET Q q 0 0 0 rg BT 339.33 638.25 Td (ficers ) Tj ET Q q 0 0 0 rg BT 364.48 638.25 Td (on ) Tj ET Q q 0 0 0 rg BT 377.42 638.25 Td (behalf ) Tj ET Q q 0 0 0 rg BT 405.35 638.25 Td (of ) Tj ET Q q 0 0 0 rg BT 416.63 638.25 Td (a ) Tj ET Q q 0 0 0 rg BT 424.01 638.25 Td (putative ) Tj ET Q q 0 0 0 rg BT 459.16 638.25 Td (class ) Tj ET Q q 0 0 0 rg BT 481.54 638.25 Td (of ) Tj ET Q q 0 0 0 rg BT 492.82 638.25 Td (purchasers ) Tj ET Q q 0 0 0 rg BT 538.52 638.25 Td (of ) Tj ET Q q 0 0 0 rg BT 549.79 638.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 626.25 Td (s ) Tj ET Q q 0 0 0 rg BT 98.43 626.25 Td (securities, ) Tj ET Q q 0 0 0 rg BT 141.56 626.25 Td (styled) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 165.45 626.25 Td ( ) Tj ET Q q 0 0 0 rg BT 168.32 626.25 Td (Fryman ) Tj ET Q q 0 0 0 rg BT 202.85 626.25 Td (v) Tj ET Q q 0 0 0 rg BT 206.54 626.25 Td (. ) Tj ET Q q 0 0 0 rg BT 211.71 626.25 Td (Atlas ) Tj ET Q q 0 0 0 rg BT 235.13 626.25 Td (Financial ) Tj ET Q q 0 0 0 rg BT 276.89 626.25 Td (Holdings, ) Tj ET Q q 0 0 0 rg BT 318.93 626.25 Td (Inc., ) Tj ET Q q 0 0 0 rg BT 339.56 626.25 Td (et ) Tj ET Q q 0 0 0 rg BT 349.65 626.25 Td (al.,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.43 626.25 Td ( ) Tj ET Q q 0 0 0 rg BT 365.30 626.25 Td (No. ) Tj ET Q q 0 0 0 rg BT 382.89 626.25 Td (1:18-cv-01640 ) Tj ET Q q 0 0 0 rg BT 444.64 626.25 Td (\(N.D. ) Tj ET Q q 0 0 0 rg BT 470.28 626.25 Td (Ill.\). ) Tj ET Q q 0 0 0 rg BT 490.37 626.25 Td ( ) Tj ET Q q 0 0 0 rg BT 493.24 626.25 Td (In ) Tj ET Q q 0 0 0 rg BT 504.44 626.25 Td (the ) Tj ET Q q 0 0 0 rg BT 519.53 626.25 Td (complaint, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.75 614.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 93.45 614.25 Td (f ) Tj ET Q q 0 0 0 rg BT 99.32 614.25 Td (asserts ) Tj ET Q q 0 0 0 rg BT 128.52 614.25 Td (claims ) Tj ET Q q 0 0 0 rg BT 157.15 614.25 Td (on ) Tj ET Q q 0 0 0 rg BT 169.69 614.25 Td (behalf ) Tj ET Q q 0 0 0 rg BT 197.21 614.25 Td (of ) Tj ET Q q 0 0 0 rg BT 208.08 614.25 Td (a ) Tj ET Q q 0 0 0 rg BT 215.05 614.25 Td (putative ) Tj ET Q q 0 0 0 rg BT 249.80 614.25 Td (class ) Tj ET Q q 0 0 0 rg BT 271.77 614.25 Td (consisting ) Tj ET Q q 0 0 0 rg BT 314.86 614.25 Td (of ) Tj ET Q q 0 0 0 rg BT 325.73 614.25 Td (purchasers ) Tj ET Q q 0 0 0 rg BT 371.02 614.25 Td (of ) Tj ET Q q 0 0 0 rg BT 381.89 614.25 Td (the ) Tj ET Q q 0 0 0 rg BT 396.64 614.25 Td (Company) Tj ET Q q 0 0 0 rg BT 438.31 614.25 Td (s ) Tj ET Q q 0 0 0 rg BT 444.74 614.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 485.03 614.25 Td (between ) Tj ET Q q 0 0 0 rg BT 520.89 614.25 Td (March ) Tj ET Q q 0 0 0 rg BT 549.52 614.25 Td (13, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (2017 ) Tj ET Q q 0 0 0 rg BT 72.25 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 88.95 602.25 Td (March ) Tj ET Q q 0 0 0 rg BT 117.30 602.25 Td (2, ) Tj ET Q q 0 0 0 rg BT 127.06 602.25 Td (2018. ) Tj ET Q q 0 0 0 rg BT 151.81 602.25 Td ( ) Tj ET Q q 0 0 0 rg BT 153.90 602.25 Td (The ) Tj ET Q q 0 0 0 rg BT 171.71 602.25 Td (complaint ) Tj ET Q q 0 0 0 rg BT 213.95 602.25 Td (alleges ) Tj ET Q q 0 0 0 rg BT 243.97 602.25 Td (that ) Tj ET Q q 0 0 0 rg BT 261.22 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 275.69 602.25 Td (defendants ) Tj ET Q q 0 0 0 rg BT 321.26 602.25 Td (violated ) Tj ET Q q 0 0 0 rg BT 355.73 602.25 Td (Sections ) Tj ET Q q 0 0 0 rg BT 391.87 602.25 Td (10\(b\) ) Tj ET Q q 0 0 0 rg BT 415.78 602.25 Td (and ) Tj ET Q q 0 0 0 rg BT 432.48 602.25 Td (20\(a\) ) Tj ET Q q 0 0 0 rg BT 455.83 602.25 Td (of ) Tj ET Q q 0 0 0 rg BT 466.42 602.25 Td (the ) Tj ET Q q 0 0 0 rg BT 480.89 602.25 Td (Securities ) Tj ET Q q 0 0 0 rg BT 522.58 602.25 Td (Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (Act ) Tj ET Q q 0 0 0 rg BT 67.15 590.25 Td (of ) Tj ET Q q 0 0 0 rg BT 78.19 590.25 Td (1934 ) Tj ET Q q 0 0 0 rg BT 100.90 590.25 Td (and ) Tj ET Q q 0 0 0 rg BT 118.05 590.25 Td (Rule ) Tj ET Q q 0 0 0 rg BT 139.65 590.25 Td (10b-5 ) Tj ET Q q 0 0 0 rg BT 165.69 590.25 Td (promulgated ) Tj ET Q q 0 0 0 rg BT 218.95 590.25 Td (thereunder ) Tj ET Q q 0 0 0 rg BT 264.41 590.25 Td (by ) Tj ET Q q 0 0 0 rg BT 277.12 590.25 Td (making ) Tj ET Q q 0 0 0 rg BT 309.83 590.25 Td (allegedly ) Tj ET Q q 0 0 0 rg BT 349.19 590.25 Td (false ) Tj ET Q q 0 0 0 rg BT 370.78 590.25 Td (and ) Tj ET Q q 0 0 0 rg BT 387.93 590.25 Td (misleading ) Tj ET Q q 0 0 0 rg BT 434.52 590.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 479.45 590.25 Td (or ) Tj ET Q q 0 0 0 rg BT 490.49 590.25 Td (failing ) Tj ET Q q 0 0 0 rg BT 519.30 590.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.79 590.25 Td (disclose ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (certain ) Tj ET Q q 0 0 0 rg BT 79.45 578.25 Td (information ) Tj ET Q q 0 0 0 rg BT 128.91 578.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 169.47 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 183.94 578.25 Td (adequacy ) Tj ET Q q 0 0 0 rg BT 223.94 578.25 Td (of ) Tj ET Q q 0 0 0 rg BT 234.52 578.25 Td (the ) Tj ET Q q 0 0 0 rg BT 248.98 578.25 Td (Company) Tj ET Q q 0 0 0 rg BT 290.65 578.25 Td (s ) Tj ET Q q 0 0 0 rg BT 296.78 578.25 Td (reserves. ) Tj ET Q q 0 0 0 rg BT 334.29 578.25 Td ( ) Tj ET Q q 0 0 0 rg BT 336.38 578.25 Td (The ) Tj ET Q q 0 0 0 rg BT 354.17 578.25 Td (complaint ) Tj ET Q q 0 0 0 rg BT 396.41 578.25 Td (seeks, ) Tj ET Q q 0 0 0 rg BT 422.82 578.25 Td (among ) Tj ET Q q 0 0 0 rg BT 452.28 578.25 Td (other ) Tj ET Q q 0 0 0 rg BT 475.07 578.25 Td (remedies, ) Tj ET Q q 0 0 0 rg BT 515.92 578.25 Td (unspecified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (damages, ) Tj ET Q q 0 0 0 rg BT 90.40 566.25 Td (attorneys) Tj ET Q q 0 0 0 rg BT 129.64 566.25 Td ( ) Tj ET Q q 0 0 0 rg BT 132.55 566.25 Td (fees ) Tj ET Q q 0 0 0 rg BT 151.56 566.25 Td (and ) Tj ET Q q 0 0 0 rg BT 168.91 566.25 Td (other ) Tj ET Q q 0 0 0 rg BT 192.36 566.25 Td (costs, ) Tj ET Q q 0 0 0 rg BT 217.77 566.25 Td (equitable ) Tj ET Q q 0 0 0 rg BT 257.33 566.25 Td (and/or ) Tj ET Q q 0 0 0 rg BT 285.79 566.25 Td (injunctive ) Tj ET Q q 0 0 0 rg BT 328.69 566.25 Td (relief, ) Tj ET Q q 0 0 0 rg BT 355.20 566.25 Td (and ) Tj ET Q q 0 0 0 rg BT 372.54 566.25 Td (such ) Tj ET Q q 0 0 0 rg BT 393.78 566.25 Td (other ) Tj ET Q q 0 0 0 rg BT 417.24 566.25 Td (relief ) Tj ET Q q 0 0 0 rg BT 441.25 566.25 Td (as ) Tj ET Q q 0 0 0 rg BT 452.49 566.25 Td (the ) Tj ET Q q 0 0 0 rg BT 467.61 566.25 Td (court ) Tj ET Q q 0 0 0 rg BT 491.07 566.25 Td (may ) Tj ET Q q 0 0 0 rg BT 511.20 566.25 Td (find ) Tj ET Q q 0 0 0 rg BT 530.21 566.25 Td (just ) Tj ET Q q 0 0 0 rg BT 547.57 566.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (proper) Tj ET Q q 0 0 0 rg BT 75.55 554.25 Td (. ) Tj ET Q q 0 0 0 rg BT 80.25 554.25 Td ( ) Tj ET Q q 0 0 0 rg BT 82.44 554.25 Td (Under ) Tj ET Q q 0 0 0 rg BT 109.63 554.25 Td (applicable ) Tj ET Q q 0 0 0 rg BT 152.92 554.25 Td (provisions ) Tj ET Q q 0 0 0 rg BT 196.79 554.25 Td (of ) Tj ET Q q 0 0 0 rg BT 207.32 554.25 Td (the ) Tj ET Q q 0 0 0 rg BT 221.73 554.25 Td (federal ) Tj ET Q q 0 0 0 rg BT 251.69 554.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 291.65 554.25 Td (laws, ) Tj ET Q q 0 0 0 rg BT 314.68 554.25 Td (motions ) Tj ET Q q 0 0 0 rg BT 349.10 554.25 Td (for ) Tj ET Q q 0 0 0 rg BT 362.96 554.25 Td (appointment ) Tj ET Q q 0 0 0 rg BT 415.15 554.25 Td (as ) Tj ET Q q 0 0 0 rg BT 425.68 554.25 Td (lead ) Tj ET Q q 0 0 0 rg BT 444.53 554.25 Td (plaintif) Tj ET Q q 0 0 0 rg BT 473.23 554.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 482.66 554.25 Td (must ) Tj ET Q q 0 0 0 rg BT 504.30 554.25 Td (be ) Tj ET Q q 0 0 0 rg BT 515.94 554.25 Td (filed ) Tj ET Q q 0 0 0 rg BT 536.46 554.25 Td (within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (sixty ) Tj ET Q q 0 0 0 rg BT 72.11 542.25 Td (days ) Tj ET Q q 0 0 0 rg BT 93.10 542.25 Td (after ) Tj ET Q q 0 0 0 rg BT 114.07 542.25 Td (a ) Tj ET Q q 0 0 0 rg BT 121.17 542.25 Td (notice ) Tj ET Q q 0 0 0 rg BT 148.26 542.25 Td (announcing ) Tj ET Q q 0 0 0 rg BT 197.57 542.25 Td (the ) Tj ET Q q 0 0 0 rg BT 212.45 542.25 Td (filing ) Tj ET Q q 0 0 0 rg BT 236.77 542.25 Td (of ) Tj ET Q q 0 0 0 rg BT 247.76 542.25 Td (the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 262.64 542.25 Td (Fryman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.30 542.25 Td ( ) Tj ET Q q 0 0 0 rg BT 296.96 542.25 Td (complaint. ) Tj ET Q q 0 0 0 rg BT 342.10 542.25 Td ( ) Tj ET Q q 0 0 0 rg BT 344.57 542.25 Td (The ) Tj ET Q q 0 0 0 rg BT 362.78 542.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 404.32 542.25 Td (and ) Tj ET Q q 0 0 0 rg BT 421.42 542.25 Td (the ) Tj ET Q q 0 0 0 rg BT 436.29 542.25 Td (other ) Tj ET Q q 0 0 0 rg BT 459.50 542.25 Td (defendants ) Tj ET Q q 0 0 0 rg BT 505.47 542.25 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 547.00 542.25 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (they ) Tj ET Q q 0 0 0 rg BT 69.98 530.25 Td (will ) Tj ET Q q 0 0 0 rg BT 88.30 530.25 Td (file ) Tj ET Q q 0 0 0 rg BT 104.39 530.25 Td (a ) Tj ET Q q 0 0 0 rg BT 111.59 530.25 Td (motion ) Tj ET Q q 0 0 0 rg BT 142.69 530.25 Td (to ) Tj ET Q q 0 0 0 rg BT 153.23 530.25 Td (dismiss ) Tj ET Q q 0 0 0 rg BT 186.01 530.25 Td (the ) Tj ET Q q 0 0 0 rg BT 200.99 530.25 Td (complaint ) Tj ET Q q 0 0 0 rg BT 243.74 530.25 Td (for ) Tj ET Q q 0 0 0 rg BT 258.16 530.25 Td (failure ) Tj ET Q q 0 0 0 rg BT 287.02 530.25 Td (to ) Tj ET Q q 0 0 0 rg BT 297.56 530.25 Td (state ) Tj ET Q q 0 0 0 rg BT 318.65 530.25 Td (a ) Tj ET Q q 0 0 0 rg BT 325.85 530.25 Td (claim ) Tj ET Q q 0 0 0 rg BT 350.83 530.25 Td (upon ) Tj ET Q q 0 0 0 rg BT 373.59 530.25 Td (which ) Tj ET Q q 0 0 0 rg BT 400.80 530.25 Td (relief ) Tj ET Q q 0 0 0 rg BT 424.65 530.25 Td (can ) Tj ET Q q 0 0 0 rg BT 441.29 530.25 Td (be ) Tj ET Q q 0 0 0 rg BT 453.50 530.25 Td (granted. ) Tj ET Q q 0 0 0 rg BT 488.75 530.25 Td ( ) Tj ET Q q 0 0 0 rg BT 491.51 530.25 Td (Under ) Tj ET Q q 0 0 0 rg BT 519.26 530.25 Td (the ) Tj ET Q q 0 0 0 rg BT 534.24 530.25 Td (federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 89.98 518.25 Td (laws, ) Tj ET Q q 0 0 0 rg BT 113.03 518.25 Td (discovery ) Tj ET Q q 0 0 0 rg BT 154.12 518.25 Td (and ) Tj ET Q q 0 0 0 rg BT 170.78 518.25 Td (other ) Tj ET Q q 0 0 0 rg BT 193.54 518.25 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 244.07 518.25 Td (automatically ) Tj ET Q q 0 0 0 rg BT 300.71 518.25 Td (will ) Tj ET Q q 0 0 0 rg BT 318.49 518.25 Td (be ) Tj ET Q q 0 0 0 rg BT 330.14 518.25 Td (stayed ) Tj ET Q q 0 0 0 rg BT 357.91 518.25 Td (during ) Tj ET Q q 0 0 0 rg BT 386.23 518.25 Td (the ) Tj ET Q q 0 0 0 rg BT 400.66 518.25 Td (pendency ) Tj ET Q q 0 0 0 rg BT 441.20 518.25 Td (of ) Tj ET Q q 0 0 0 rg BT 451.74 518.25 Td (any ) Tj ET Q q 0 0 0 rg BT 468.40 518.25 Td (such ) Tj ET Q q 0 0 0 rg BT 488.95 518.25 Td (motion ) Tj ET Q q 0 0 0 rg BT 519.50 518.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.49 518.25 Td (dismiss.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 496.25 Td (Item 1A. ) Tj ET Q q 0 0 0 rg BT 104.00 496.25 Td (Risk Factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.25 Td (There ) Tj ET Q q 0 0 0 rg BT 76.00 479.25 Td (have ) Tj ET Q q 0 0 0 rg BT 97.57 479.25 Td (been ) Tj ET Q q 0 0 0 rg BT 119.13 479.25 Td (no ) Tj ET Q q 0 0 0 rg BT 131.82 479.25 Td (material ) Tj ET Q q 0 0 0 rg BT 167.27 479.25 Td (changes ) Tj ET Q q 0 0 0 rg BT 202.16 479.25 Td (to ) Tj ET Q q 0 0 0 rg BT 212.63 479.25 Td (the ) Tj ET Q q 0 0 0 rg BT 227.53 479.25 Td (risk ) Tj ET Q q 0 0 0 rg BT 245.22 479.25 Td (factors ) Tj ET Q q 0 0 0 rg BT 275.12 479.25 Td (that ) Tj ET Q q 0 0 0 rg BT 292.80 479.25 Td (were ) Tj ET Q q 0 0 0 rg BT 314.92 479.25 Td (discussed ) Tj ET Q q 0 0 0 rg BT 355.94 479.25 Td (in ) Tj ET Q q 0 0 0 rg BT 366.40 479.25 Td (Part ) Tj ET Q q 0 0 0 rg BT 385.20 479.25 Td (I, ) Tj ET Q q 0 0 0 rg BT 393.72 479.25 Td (Item ) Tj ET Q q 0 0 0 rg BT 414.73 479.25 Td (1A) Tj ET Q q 0 0 0 rg BT 426.40 479.25 Td ( ) Tj ET Q q 0 0 0 rg BT 429.09 479.25 Td (of ) Tj ET Q q 0 0 0 rg BT 440.10 479.25 Td (the ) Tj ET Q q 0 0 0 rg BT 455.01 479.25 Td (Company) Tj ET Q q 0 0 0 rg BT 496.67 479.25 Td (s ) Tj ET Q q 0 0 0 rg BT 502.66 479.25 Td (Annual ) Tj ET Q q 0 0 0 rg BT 534.79 479.25 Td (Report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.25 Td (on ) Tj ET Q q 0 0 0 rg BT 62.50 467.25 Td (Form ) Tj ET Q q 0 0 0 rg BT 86.67 467.25 Td (10-K ) Tj ET Q q 0 0 0 rg BT 109.72 467.25 Td (for ) Tj ET Q q 0 0 0 rg BT 123.88 467.25 Td (the ) Tj ET Q q 0 0 0 rg BT 138.60 467.25 Td (year ) Tj ET Q q 0 0 0 rg BT 158.31 467.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.68 467.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 243.27 467.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.27 467.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (Item 2. ) Tj ET Q q 0 0 0 rg BT 104.00 445.25 Td (Unr) Tj ET Q q 0 0 0 rg BT 121.04 445.25 Td (egister) Tj ET Q q 0 0 0 rg BT 149.18 445.25 Td (ed Sales of Equity Securities ) Tj ET Q q 0 0 0 rg BT 271.68 445.25 Td (And Use of Pr) Tj ET Q q 0 0 0 rg BT 331.77 445.25 Td (oceeds.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.25 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.25 Td (On ) Tj ET Q q 0 0 0 rg BT 64.80 411.25 Td (March ) Tj ET Q q 0 0 0 rg BT 93.49 411.25 Td (21, ) Tj ET Q q 0 0 0 rg BT 108.57 411.25 Td (2017, ) Tj ET Q q 0 0 0 rg BT 133.65 411.25 Td (the ) Tj ET Q q 0 0 0 rg BT 148.45 411.25 Td (Company) Tj ET Q q 0 0 0 rg BT 190.12 411.25 Td (s ) Tj ET Q q 0 0 0 rg BT 196.59 411.25 Td (Board ) Tj ET Q q 0 0 0 rg BT 223.61 411.25 Td (of ) Tj ET Q q 0 0 0 rg BT 234.53 411.25 Td (Directors ) Tj ET Q q 0 0 0 rg BT 274.32 411.25 Td (approved ) Tj ET Q q 0 0 0 rg BT 314.11 411.25 Td (and ) Tj ET Q q 0 0 0 rg BT 331.13 411.25 Td (announced ) Tj ET Q q 0 0 0 rg BT 377.03 411.25 Td (a ) Tj ET Q q 0 0 0 rg BT 384.05 411.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 409.40 411.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 458.63 411.25 Td (Program ) Tj ET Q q 0 0 0 rg BT 495.65 411.25 Td (of ) Tj ET Q q 0 0 0 rg BT 506.56 411.25 Td (up ) Tj ET Q q 0 0 0 rg BT 519.15 411.25 Td (to ) Tj ET Q q 0 0 0 rg BT 529.51 411.25 Td (650,000 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.25 Td (shares ) Tj ET Q q 0 0 0 rg BT 77.56 399.25 Td (of ) Tj ET Q q 0 0 0 rg BT 88.46 399.25 Td (ordinary ) Tj ET Q q 0 0 0 rg BT 124.91 399.25 Td (voting ) Tj ET Q q 0 0 0 rg BT 153.03 399.25 Td (common ) Tj ET Q q 0 0 0 rg BT 190.60 399.25 Td (shares. ) Tj ET Q q 0 0 0 rg BT 220.47 399.25 Td (The ) Tj ET Q q 0 0 0 rg BT 238.59 399.25 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 288.36 399.25 Td (were ) Tj ET Q q 0 0 0 rg BT 310.35 399.25 Td (made ) Tj ET Q q 0 0 0 rg BT 334.58 399.25 Td (from ) Tj ET Q q 0 0 0 rg BT 356.59 399.25 Td (time ) Tj ET Q q 0 0 0 rg BT 376.93 399.25 Td (to ) Tj ET Q q 0 0 0 rg BT 387.28 399.25 Td (time ) Tj ET Q q 0 0 0 rg BT 407.62 399.25 Td (in ) Tj ET Q q 0 0 0 rg BT 417.97 399.25 Td (open ) Tj ET Q q 0 0 0 rg BT 439.98 399.25 Td (market ) Tj ET Q q 0 0 0 rg BT 470.31 399.25 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 523.15 399.25 Td (privately-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (negotiated ) Tj ET Q q 0 0 0 rg BT 95.22 387.25 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 149.06 387.25 Td (block ) Tj ET Q q 0 0 0 rg BT 174.85 387.25 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 220.35 387.25 Td (or ) Tj ET Q q 0 0 0 rg BT 232.25 387.25 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 274.70 387.25 Td (in ) Tj ET Q q 0 0 0 rg BT 286.05 387.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 334.58 387.25 Td (with ) Tj ET Q q 0 0 0 rg BT 355.93 387.25 Td (securities ) Tj ET Q q 0 0 0 rg BT 397.27 387.25 Td (laws ) Tj ET Q q 0 0 0 rg BT 419.17 387.25 Td (at ) Tj ET Q q 0 0 0 rg BT 429.96 387.25 Td (the ) Tj ET Q q 0 0 0 rg BT 445.74 387.25 Td (discretion ) Tj ET Q q 0 0 0 rg BT 488.75 387.25 Td (of ) Tj ET Q q 0 0 0 rg BT 500.65 387.25 Td (the ) Tj ET Q q 0 0 0 rg BT 516.44 387.25 Td (Company) Tj ET Q q 0 0 0 rg BT 558.11 387.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.25 Td (management ) Tj ET Q q 0 0 0 rg BT 103.59 375.25 Td (until ) Tj ET Q q 0 0 0 rg BT 124.42 375.25 Td (March ) Tj ET Q q 0 0 0 rg BT 153.02 375.25 Td (21, ) Tj ET Q q 0 0 0 rg BT 168.02 375.25 Td (2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (The ) Tj ET Q q 0 0 0 rg BT 68.11 358.25 Td (following ) Tj ET Q q 0 0 0 rg BT 109.55 358.25 Td (table ) Tj ET Q q 0 0 0 rg BT 131.55 358.25 Td (summarizes ) Tj ET Q q 0 0 0 rg BT 181.87 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 196.65 358.25 Td (activities ) Tj ET Q q 0 0 0 rg BT 235.31 358.25 Td (related ) Tj ET Q q 0 0 0 rg BT 265.07 358.25 Td (to ) Tj ET Q q 0 0 0 rg BT 275.41 358.25 Td (the ) Tj ET Q q 0 0 0 rg BT 290.18 358.25 Td (Share ) Tj ET Q q 0 0 0 rg BT 315.51 358.25 Td (Repurchase ) Tj ET Q q 0 0 0 rg BT 364.72 358.25 Td (Program ) Tj ET Q q 0 0 0 rg BT 401.72 358.25 Td (for ) Tj ET Q q 0 0 0 rg BT 415.94 358.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.71 358.25 Td (three ) Tj ET Q q 0 0 0 rg BT 453.26 358.25 Td (month ) Tj ET Q q 0 0 0 rg BT 481.38 358.25 Td (period ) Tj ET Q q 0 0 0 rg BT 509.48 358.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 535.92 358.25 Td (March ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (31, ) Tj ET Q q 0 0 0 rg BT 65.00 346.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 346.25 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 55.5 245.75 m 155.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 245.75 m 255.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 245.75 m 355.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 245.75 m 455.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 245.75 m 555.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 200.75 m 255.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 200.75 m 255.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 186.75 m 255.5 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 184.75 m 255.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 200.75 m 455.5 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 186.75 m 455.5 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 184.75 m 455.5 184.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 250.42 Td (Period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.45 270.42 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 260.42 Td (T) Tj ET Q q 0 0 0 rg BT 164.51 260.42 Td (otal number of shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.35 250.42 Td (\(or units\) purchased) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 243.33 254.95 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 270.42 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.70 260.42 Td (A) Tj ET Q q 0 0 0 rg BT 266.18 260.42 Td (verage price paid per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.65 250.42 Td (share \(or unit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.45 300.42 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.10 290.42 Td (T) Tj ET Q q 0 0 0 rg BT 364.51 290.42 Td (otal number of shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.55 280.42 Td (\(or units\) purchased as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 270.42 Td (part of publicly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 260.42 Td (announced plans or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.10 250.42 Td (programs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 310.42 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.55 300.42 Td (Maximum number \(or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.05 290.42 Td (approximate dollar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.25 280.42 Td (value\) of shares \(or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 270.42 Td (units\) that may yet be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.70 260.42 Td (purchased under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.25 250.42 Td (plans or programs) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 539.46 254.95 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 235.42 Td (January 1-31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 235.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 235.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 235.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 235.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 235.42 Td (650,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 220.42 Td (February 1-28, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 220.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 220.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 220.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 220.42 Td (650,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 205.42 Td (March 1-31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.15 205.42 Td (255,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 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