Ms Patricia Callan:

-----facing into this now. Ideally, what one wants is to get the motor insurance industry data from those companies before the book of quantum is reviewed, because it was 70% of the market. Then one has a proper assessment. However, it will also be very important to attract new companies into the market. If I am deciding whether this is a good market for me, if I really understand all the variables, then I, as one of the other, newer entrants, is more likely to come in. Again, this is very much Central Bank regulatory territory, so that would be critical, but we need to revisit the Setanta decision. No company in its right mind - and I represent businesses and understand how business works - is going to come in with its risk assessment, cost base, marketing and everything else and then have this hurdle thrown at it from outside over which it has no control.