§ MR. E. BOULNOIS (Marylebone, E.)I beg to ask the President of the Board of Trade whether the Board is obtaining Returns under the third, fourth, fifth, and sixth schedules of the Life Assurance Companies Act 1870, from those members of Lloyds and others who have issued policies of assurances upon human life within the United Kingdom; and whether such persons who have begun such business since the passing of the Act are required to make the deposit of £20,000 specified in the third section thereof?
§ MR. HANBURY (for Mr. RITCHIE)The Returns referred to by the hon. Member are obtained from all companies which, to the knowledge of the Board of Trade, issue or are liable under policies of assurance upon human life within the United Kingdom, and all companies which, to their knowledge, have begun such business since the Life Assurance Companies Act 1870 have been required to make the deposit of £20,000. The term "company" under the Act means "any person or persons," but the Board of Trade have no information that any member of Lloyds or other individual has issued or incurred any liability under such policies except as a member of a life assurance office.