Mr. Gary Dunne:

I would be happy to do so. The more transparency there is, the easier it is for foreign or new entrants to assess whether they want to enter the market. In a market where there are reported losses, one is less likely to enter. If the market is profitable, one is more likely to enter. Reverting to an earlier point, eight major players would have a high market share. One could name many other players, but the eight in question comprise a large percentage of the industry. Of those eight, only one is a domestic insurer. The rest are parts of foreign groups. The availability of more data about profitability would make it much easier for companies to enter our market. It is the same in every sector. If one knows that something is profitable, one is more likely to make a good risk assessment of whether and when to enter. This is the society's position.