Your core business is dependent on global trade flows. How has it been affected by the present general uncertainties and specifically the terrorist attacks on the US
As for the general uncertainties, we have been affected in several ways. Firstly in an uncertain economic environment, as a credit insurer we see non-payment experience, or our policyholders declare over-due accounts to us. These transform into increased claims and payouts on our side. We've already seen this in a number of countries and quite dramatically in the UK, Germany and in the US - even before the attacks. We're starting to see the secondary impact of the collapse in demand from the US and UK start...