Well, I have hung on to it for many years, despite the broker's...

Well, I have hung on to it for many years, despite the broker's view, and it has been a good earner.

But just looking at it lately, I wonder. Insurance I think is going to be a tough game when climate change effects get into full swing. They are the ones who are going to be paying for the increased floods, droughts, storms, bushfires, etc. They are the bellwethers of climate change - look at premiums for the last decade. But ofc, they do have the option of increased premiums, and most people will not forego insurance because it gets too expensive. But for shareholders, it could be a choppy ride....