§ Mr. BOOTHasked the First Lord of the Admiralty how many marine insurance companies are on the approved list for underwriting Government risks; what is the date of the last addition to such list; whether amount of premium, income, strength of reserves, standing, and reputation of a company in the marine market are taken into account by the Admiralty in coming to a decision; would he say if any marine insurance companies not domiciled in London are on the approved list; and whether any memorandum has ever been issued stating the requirements to be complied with in order to obtain approval?
§ The PARLIAMENTARY SECRETARY to the ADMIRALTY (Dr. Macnamara)There are twenty-nine marine insurance companies and corporations whose policies are accepted by the Admiralty. The latest addition to the list was made in 1906. The position of a company is fully considered in coming to a decision. All the companies on the Admiralty List have offices in London. No such memorandum as that referred to in the last part of the question has been issued.