Mr. Domhnall Cullinan:

There are an awful lot of different things involved when one looks at pricing. In terms of distribution channels alone, there are direct channels, intermediaries and bank insurance channels. There are different models for each of those depending on the channel being used. It is, therefore, a huge task and undertaking. As already mentioned, there are more than over 2 million motor policyholders and more than 1 million household policies. It is important that we take time to do this study thoroughly and properly to ensure we have an evidence base from which to draw conclusions and make recommendations.