Ms Fiona Muldoon:

Our underwriting risk appetite would not be nearly as wide as 90% of the market. It would definitely be the case that our acceptance criteria would be narrower than that. Likewise, we do not operate in the haulage area, which is the example the Senator has given. We operate in other difficult risk sectors where we believe we have expertise and something to bring in underwriting terms to the table. Our main criteria are that we want to support the markets we are in and we underwrite what we know. A very large part of that is the direct relationships we have with men and women throughout the country where the customer comes into us and we get to meet them and understand their business. My colleague, Ms Kate Tobin, might have something further to add.