This area deserves further study. There is widely published material in such left-wing journals as The Economist about the way in which banking in the past ten years has offloaded the risk of bad debts on to the insurance business. When Enron and others in America went belly up, no US bank suffered significantly because they had insured themselves against it. Some insurance company paid for that and this was ultimately paid by the customers of the insurance company. Could it be that this huge worldwide phenomenon of increased insurance charges, some of which is locally generated but most of which is not, is a consequence of the fact that the banking system offloaded its risk on to the insurance system? The insurance system got bitten and it is now charging its customers to re-establish its own financial equilibrium. It would be wrong if that happened. That is not the way a market should function and it is worthy of further investigation.