Thanks, Glenn.
XX Slide us transformative for and to positions discuss move Let's growth success. how long-term
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XX. Slide to Turning
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last trend several returns quarters. Our over above the our performance-based historical portfolio has experienced
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and return Our and annuity lowered shift $XX Since into of and divestiture reduced returns. us overall year-end life and the – risk business income an increase a $XX from to key The to divestiture and annuity of assets contributor processes. life were businesses investment billion opportunity these is our risk. asset portfolio integrated today rate securities, shareholder portfolio provided highly value at our allocation risk-adjusted enterprise is interest the our fixed enterprise the of credit most billion overall our and to to backing XXXX
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As we mitigated you in impact lower XXXX blue This see orange can of which extended that were for XXXX, auto was on bars duration risk to were perspective. the prices interest interest on rates sufficiently not enterprise shown interest bond on and impact from the have chart, we and rates interest us the in compensating of right the line rise, balanced would valuation the a rates a XXXX an insurance portfolio. return In would negative when concluded the rates risk position from that our declining.
blue light auto discussed had XXXX, the on by chart, As increased you length inflation has index line the shown impact that insurance on the the we've and price at consumer margins. know, throughout
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held XXXX, own X.X% a of at more enterprise. So the beginning stock of of now if the you share you
XXXX, is for by to With repurchase which year-end remaining XX, open $X.X be $X share March billion the we of completed on let's XXXX. As program, the that, line had expected billion current questions.
