§ 8. Mr. LEONARDasked the President of the Board of Trade whether he contemplates the introduction of legislation designed to protect the interests of British policy holders in insurance companies and corporations registered out-with this country?
§ Mr. RUNCIMANNo, Sir. Insurance companies registered abroad which do business in this country are already subject to the same general requirements in this country as insurance companies registered here.
§ Mr. LEONARDHas the right hon. Gentleman's attention been drawn to the references in regard to such companies in the "Economist" and the "Investors Chronicle," and also in the Canadian Press; is he aware that one such company has been precluded from doing business in an American city, for the protection of its citizens; and, if so, do the Government contemplate legislation in this country?
§ Mr. RUNCIMANI should require notice of a question of that nature.