HC Deb 27 February 1906 vol 152 c1027
MR. FIELD (Dublin, St. Patrick)

I beg to ask the President of the Board of Trade whether he will consider the advisability of arranging an annual official audit of the manner, and securities, in which the capital funds of British insurance companies are, invested; whether he will also enquire; into the expediency of establishing a Government guaranteed insurance company enabling a moderate system of premiums for fire, life and accident upon the lines of an institution carried on by the responsible Government in the New Zealand Colony.

THE PRESIDENT OF THE BOARD OF TRADE (Mr. LLOYD-GEORGE,) Carnarvon, Boroughs

I fear I am not at the moment in a position to advise the adoption of either of the very far-reaching proposals suggested by my hon. friend.

MR. FIELD

Will the right hon. Gentleman consider the point in the immediate future, seeing that this plan has been adopted in New Zealand?

MR. LLOYD-GEORGE

There is a good deal to be said for the first Question. I will consider it carefully.