13. Mr. TREVELYAN THOMSONasked the President of the Board of Trade the estimated number of lapsed industrial insurance policies which occur each year, and the average amount involved?
§ Viscount WOLMERThe information is not in the possession of the Board of Trade, but I would refer the hon. Member to paragraphs 10, 18 and 41 of the Report of Lord Parmoor's Committee on industrial Assurance (Cmd. 614) and Table IV which is appended to that Report, which give information as to the Industrial Assurance policies lapsed during the year 1913.
Mr. THOMSONIn view of the Importance of the question which is to come before a Committee of this House. can the Noble Lord get more recent information, seeing that information dealing with this matter has been given already in the other Chamber?
§ Viscount WOLMERThe Board of Trade have no power to obtain the information for which the hon. Member asks.
Mr. THOMSONis the Committee expected to deal with this matter without any official information or guidance as to the facts?
§ Viscount WOLMERIt is not in the power of the Board of Trade to obtain this information.
14. Mr. THOMSONasked the President of the Board of Trade the maximum and minimum percentage amounts incurred in expenses by industrial insurance companies in the last completed year for which these figures are available?
§ Viscount WOLMERAccording to the Returns made to the Board of Trade, under the Assurance Companies Act, 1909, for the year ending December, 1921. the maximum percentage of the annual premiums received in respect of industrial assurance business which was applied by any one company in management expenses was 60.5 and the minimum percentage was 36.9.