In my view, it has hurt competition. When you go into a financial institution for a loan, they use that occasion to say they'd like you to meet the person next door, who just happens to be selling insurance. Of course, you can always say no, but it's difficult to say no when you're sitting there asking for a loan or just having your loan approved. You want to keep a good relationship with the person who just approved a loan for you. It's very difficult to say you don't want to meet the person next door. So that's the kind of advantage they have.
Another advantage they have is that whenever you have a loan with the financial institution, they know exactly when that loan becomes renewable and which company you're doing business with at the moment, so they can approach you at the right time of the year with the right information about you and say, “Hey, when your insurance comes due, why don't you do business with us? We have to meet anyway about that loan you have.” So it gives them a tremendous advantage over the competition, and we don't want those financial institutions to have that advantage over us.
When you say it provides more competition, when we look at the banks and the profits they make, I doubt there is much competition among them. If there were that much competition you would see higher profits and lower profits in given years, but you don't see that; they're always very high. So in our view, the competition is not there.