Is There an Ease of Entry Into the Catastrophe Lines of Insurance?

Hugh Stevenson: I am a shareholder from Atlanta Georgia my question involves the companies catastrophe lines of insurance. It seems that there is a relative ease of entry into that business through Bermuda based companies and others. Given the importance of that business to the overall company, how does this affect its long term competitive position? We try to sell reinsurance to those people and usually we do but sometimes we don't turn them nothing dead. Zone five he is lighting himself he will be dynamite when it gets going.