§ 62. Sir N. GRIFFITHSasked the President of the Board of Trade whether the Government will support any combination of insurance companies or other responsible groups in any effort they may make for reinsurance work by British-owned companies; and if legislation is possible, with a view to prevent enemy-owned companies from again making large annual sums out of reinsurance work connected with British reinsurance companies?
§ Sir A. GEDDESAny representations made to the Board of Trade by a combination of insurance companies or other responsible groups regarding reinsurance work by British-owned companies shall receive careful consideration.
The question of restricting reinsurance business with enemy-owned companies is part of the general question of our future commercial relations with the present enemy countries, in regard to which I am not in a position to make a statement.