§ Mr. ELVERSTONasked (1) whether any statement is supplied to him of the number of Lloyds underwriters who are unable to meet their engagements; if so, how many were in this position last year; (2) how many Lloyds underwriters have complied with the requirement laid down in Schedule 8, paragraphs B and C (1) (b), of the Assurance Companies Act, as regards the furnishing to the Board of Trade of a statement showing the extent and character of the business effected by him; and how many Lloyds underwriters, in lieu of complying with paragraphs B (1) (a) and (b), have elected to comply with paragraphs B and C (2) of the schedule and supply to the Board of Trade an auditors' certificate in lieu of a full statement showing the extent and character of the business transacted?
§ Mr. TENNANTNo statement is supplied to the President of the Board of Trade of the number of Lloyds underwriters who are unable to meet their engagements. No Lloyds underwriters have elected to comply with the requirement laid down in Schedule 8, paragraphs B and C (1) (b) of the Assurance Companies Act, but 501 underwriters have elected to comply with paragraphs B and C (2) of the Schedule, and have supplied to the, Board of Trade an auditors' certificate duly signed and in the form prescribed by the Board of Trade.