Mr. Kevin Thompson:

Regarding the data, we are doing a scoping exercise. Witnesses have appeared before the committee. We have engaged with the Society of Actuaries in Ireland and other stakeholders. We are trying to get to the UK standard and the level of data produced there. It will take time to get there and we are very clear about this. For the data to have any meaning it will have to be in track for a good number of years, but we have started the journey and are engaging with stakeholders on it. One difficulty we are cautious about regarding the UK data is that it projects future claims and premiums, and we must look at this from a proprietary point of view and a competition point of view. This is where we want to get with the data.