Mr. Colm Kincaid:

If one looks at the file and one sees the claims team is underestimating how much a claim is going to cost, one could take an implication from this that, when the firm comes to establish how many assets it needs to reserve to meet that claim, it is going to under-reserve. That was the concern we highlighted. I believe the Deputy is getting at a point in regard to the liquidator and the liquidation which perhaps I am not hitting. That is the point our inspectors looked at.