Total Shareholder Return
S&P 500 P&C Composite
* Data computed from June 30, 2003 to December 31, 2017
** Shown above is a graph comparing the yearly percentage change in the cumulative total shareholder return on our common shares (assuming reinvestment of dividends) from July 1, 2003, the date that our common shares began trading on the New York Stock Exchange, through December 31, 2017, as compared to the cumulative total return of the Standard & Poor’s 500 Stock Index and the cumulative total return of the Standard & Poor’s Property and Casualty Insurance Index. This graph assumes an investment of $100 in July 2003. The company’s total return is computed using the initial public offering price of $22.00 per share.