giulio: good morning. thank you.shining in the insurance business right now is the corporate business. we are below the 90%. we have put a lot of effort and last years in order to improve our profitability. we have also launched a new sector. we are seeing good results coming out of that segment. also, the performance is very resilient so we are reacting to the inflation that we are seeing. we are pleased with the resilience we are seeing. i think it will continue to be very strong. we will include profitability on the products. i would say, generally, what is strong is our performance -- the performance of our corporate business. dani: you mentioned that you reacted to inflation, are you optimistic that we are near a peak, that the most inflationary gains we have seen are already in the past? giulio: yes. when you look at inflation, the index, a kind of reflects it. if you see year over year, there is an increase. from that point of view, the expectation might be that inflation will moderate. as far as europe, we ar