Mr. Gerry Hassett:

Big data is an emerging area and there is a discussion in every industry about how it should be used and whether there should be limits, what is appropriate and what is ethical. That is not confined to just the insurance industry. My reading of the EIOPA report was that it stated this is an area that will require further evaluation and learning as the techniques become more refined. I also point to the conclusion that stated there was no evidence as yet that increasing granularity is causing exclusion. I see it as a risk that needs to be monitored but we do not yet have enough evidence to make a final conclusion.