The property cat obviously is, um, o- one of the, y- you know, key lines that, that's renewed at one/one.

Yeah.

Thank you, Francis.

So as you say, yes, the abundance from capital was the, the big, uh, theme for this conference, and, um, so property catastrophe is always a big area of, uh, focus at the rendezvous.

You know, the rendezvous takes place sort of o- the, the, around the peak of the, the hurricane season, so that often, uh, has a bearing on, you know, how the industry's thinking about property catastrophe.

Although this year it's eerily quiet.

But yeah, so, you know, the amount of the excess capacity will invariably have an impact on, you know, the rating environment going into, into one/one.

How are the markets thinking about climate risk and, and how they kind of insure, um, these different perils?