Mr. John Quinlan:

I am happy to start, Senator. Let us consider a typical premium. Our premia is made up as follows: Claims would represent 65% out of €100 and of that 65% the legal fees would be 19% or 30%; levies, including for uninsured drivers, would be 11%; commissions to intermediaries would be 9%; our expenses would be 12%; and our profit would be 3% but that is a target. From 2012 to 2018, one can see from the facts that we achieved nothing like that.