This chart is from Chatswood Consulting’s quarterly life industry review for the last quarter of 2015. The green line shows how many companies announced price changes in the quarter, the purple line shows how many lines of business were changed. The blue line shows the rolling average of the number of lines of business re-priced. You can see it was a very busy final quarter to 2015. The first quarter of 2016 was very quiet, but we have just had an announcement of a general repricing of most on-sales lines of business by Partners Life. More details on that next week.