As a private company, JRG Re enjoys the greatest latitude to size our capital base and writings to the available opportunity. JRG Re was capitalized with $250 million in Policy Holder’s surplus and has been awarded an initial, independent rating of A- by AM Best. With the formation of the company in 2008, the balance sheet is unencumbered by legacy issues. JRG Re will fully collateralize its obligations via Trust Agreement or LOC which will further enhance the credit worthiness of the organization.