HC Deb 06 July 1916 vol 83 c1657
36. Mr. WING

asked the President of the Board of Trade if it will be possible to reduce the premiums of air-raid reinsurance?

The FIRST COMMISSIONER of WORKS (Mr. Harcourt)

As stated, in answer to a question by the hon. Member for Blackburn on 24th May, the aircraft insurance scheme, which came into operation in July last, has at present money in hand, but that position may change at any moment. It is not proposed to increase the rates, but it would not be wise to reduce them.

Mr. HOGGE

Can the right hon. Gentleman say why the War Risks Insurance Committee do not allow those who are insured the usual month, which is allowed by other insurance companies, to renew their premiums?

Mr. SPEAKER

The hon. Member had better give notice of the question; it does not arise out of this.