What we've certainly been seeing in recent years is the number of severe weather events and forest fires.... It's not higher every year, but there has been a pretty clear trend. Obviously, these are, first and foremost, impacting people, but if you look at it from a financial point of view, what you can see is that the claims for P and C insurance keep going up. That's driving up the cost of insurance, so yes, it is having a financial impact.
Obviously, when you're doing a forecast, the one thing you can't predict is what the shocks are. We can't predict what the weather events are going to be, but yes, we know these weather events are impacting people. They are adding costs. We know the trend. We don't know the speed. We don't know what it's going to be from one year to the next.