Mr. Gerry Hassett:

It is a judgement call but it is a judgment call that is informed by known norms within the court system. If there is a known figure for a certain injury, why would a company try to prolong a process and add to its cost when the outcome is highly probable? From our point of view, the cost of personal injury awards is driving the cost of incurred claims up. That cost of incurred claims is up by 18% in the same period even though the number of claims is down. I understand that, logically, might not appear to make sense but it should be remembered that, from a monetary point of view, personal injuries account for 75% of all claims costs. That is the number that is really out of kilter. If we could have structural reform and reduce the average claims cost, the cost of claims could come down quite dramatically.