This is not a poor and vulnerable industry which was struggling along with marginal profits. It is the nature of the business to have good and bad years. That is why one puts reserves in place. Actuaries get paid so much because they are supposed to work out what reasonable level of reserve is necessary. The notion that exorbitant increases can be explained by the fact that the insurance industry had a bad year due to a great number of storms one winter is a nonsense in terms of the way in which a proper insurance business should run. I will come back to that point.