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Wilton Re was formed to fill a growing need in the life reinsurance market. With the continued consolidation that has taken place over the last few years, the life reinsurance landscape has changed significantly. The number of life reinsurers has decreased materially as some primary companies made the decision to eliminate their non-core life reinsurance activities. This consolidation has reduced the options for risk diversification and reinsurance. The industry needs fresh sources of capital and risk diversification. This is the opportunity seen by Wilton Re's executive management team and investors. In response, Wilton Re's parent, Wilton Re Holdings Limited, secured $628 million of equity capital commitments to fund our efforts in life reinsurance. That original funding effort was concluded in December 2004. On December 31, 2004, Wilton Re completed the acquisition of a widely licensed insurance company and, in February 2005, A.M. Best Company, Inc. assigned Wilton Re an A- financial strength rating. Since opening in January of 2005, we have had the opportunity, through our Traditional and Run Off Solutions, to invest the majority of that original $628 million. This success necessitated additional capital to continue our plan for growth. On March 20th, 2007, we closed on an additional $300 million investment from Lehman Brothers, bringing our total capital raise to $928 million. You can read more about our relationship with Lehman Brothers by clicking on the Lehman Brothers link at the top of this page. Wilton Re is located in Wilton, Connecticut. Wilton Re Holdings Limited and Wilton Re Bermuda are located in Hamilton, Bermuda.