Munich Re can't be satisfied with Ergo yet. What they've done in terms of a turnaround is good, but it's only half the battle.

The overall figures are good and roughly in line with the company's three- year plan.

If you are a mayor of Munich, you are supposed to be good at it. It's very important. So he promised that this year he will open the barrel with only two taps, and he did.

I'm not satisfied with the position, ... I don't think we're solid yet.

Munich.

We saw some good things, but we can't be satisfied,