W. Robert Berkley, Jr.
the our and was promised. Thanks, me, macro on comments great. touch That in the on as Okay. of industry more Rich. A from maybe within quarter starting couple
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territories In or that And legal addition jurisdictions it's legal sharper that certain that, very venues but to how environment we changing and something to talk from a time, about or and coming as sharper are are or climate there changing rapidly. is a far as that time into focus.
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a that's perspective. say that wouldn't evolving are change. from but of shade seeing are our purple something bright those I of certainly to they And We they're blue, more
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you we go and have, if the period, at look if you running you 'XX was which time in data, back somewhere And and XX-ish that of that between look XX% percent. to sort at 'XX at
look and 'XX between running at If to that's XX%. you 'XX, XX.X%
about be that strength perhaps would helpful think loss data of the people reserves, our point. So a
in it's new And strong to earlier, the with rates and and they're around the at come probably X. duration portfolio. rate this interest X.XX starts on X.X so book investment the with of over Rich yields and X.X AA-. forth, in would touched where I still spite flirting you, a on days. so all chatter these money tell The domestic Pivoting
the the Our remains quarter. $XXX billion strong of flow $X.X was the million, cash first half for It year. for
of a a a step half on taking back more little front. Maybe macro
people some note attention after reasonably we rising taken it the that, interest think turns have this we for quickly rate that well position played quick in think I of to. environment I how things acknowledgment
serious who White ends a and long view And regardless tomorrow? of has you the fundamentally the with a sitting Washington, and are issue that up serious this you deficit doing now? make what set in seat a doing a short, make regardless are of in you with we have story table House what in spending. who's appropriately So to to issue for D.C. What country sure
nothing is to that, curtailed believe So there anytime be that is to going leads soon. that us
there. buyers, what and not that that of that it's the of said compounds some foreign having largest specifically may That appetite China challenge along foreign is buyers being treasuries been they, U.S. and other the buyers, reasonably be the with Japan, apparent
House, put takes the in longer around perspective will are when innovation, lot add we find a doing yield So our White speculation observation where just provide will us to to around all see lead if commentary be administration is the leaders going a situation from I and to that a you do find likely curve ourselves uninverted. if ourselves inflation. Obviously, opportunity those out. there's that an will you are for election, short-term forward. that this the parts come likely the view of in that would of And an we situation market view further where in jobs, different the as even no certain to labor greater rates nudge and here our together, will our duration of to what a be down,
all products as raise it will is lead likely the frankly, idea does that to does of inflation quite cost Additionally, the tariffs well.
on the more, stage time, company little quarter, is from returning. that's and the or capital there think, of all as zone foreseeable, Absolutely, a our on a done, same When we high less? a the pretty be XX%. been where strike a sort the consistently, this quickly we've Could we're at low there's little perspective. we But day quarter pivoting be teens, at touched visibility Rich XX% see give do of we a XXs that and we is around growing capital. it. take, going generating for but Just lot returns do to to the the
the capital return is to robust. for foreseeable ability our So
layer that close an are any think done with. the the a on you I begin of, strong you to view, look take have place of at that the When top analysis, if agencies we exceptionally
to brings, but what stage. the there have at of this we'll organization see that So a is enjoys tomorrow lot flexibility
we you. open would So Krista, Thank up pleased for to it there. And I will pause questions. be
