Thank you.
Mr. Jacques, I recently saw an article in The Guardian about a University of Exeter study. It talked about climate shocks, the impact on gross domestic product, or GDP, and the fact that the governments weren't planning for this, or at least they weren't integrating it enough into their economic model.
Are you looking into climate shocks? For example, in the United Kingdom, the Institute and Faculty of Actuaries is talking about a potential loss of 50% of GDP between 2070 and 2090. These forecasts seem quite high to me.
Are you working on models that take greater account of climate shocks and truly major events, such as the melting of Arctic ice?