Ms Moyagh Murdock:

I will refer to recent comments from the Central Bank that it is very concerned about the risk that people are underinsured in their home insurance policies. Undoubtedly, construction costs are hitting everybody. We are seeing significant challenges in getting labour, whether it is for the hotel sector, the leisure industry or festivals. The actual impact on general commodities and resources is having a major impact. It is unquestionable that it feeds into everything that we do. Insurance has to cover the risk. If these costs go up, policyholders must ensure that they are properly insured. I cannot comment on rates.