HC Deb 09 July 1942 vol 381 cc936-7
42. Mr. Daggar

asked the Chancellor of the Exchequer the number of policy holders; the amount of the weekly collection of industrial assurance premiums; the expenses of management and commission; and the percentage of the latter to the premiums collected for each of the years 1920 to the latest available date?

Sir K. Wood

As the answer is long and detailed, I will, with my hon. Friend' permission, circulate a statement in the OFFICIAL REPORT.

Following is the Statement:

Year No. of Policies in Force. Premiums Collected. Expenses of Management and Commission. Percentage of Expense etc., to Premiums Collected.
Paying. Free. Total.
£ £
1920 … … Not available 35,794,099 16,538,718 46.2
1921 … … Not available 37,801,051 16,521,610 43.7
1922 … … 62,416,885 2,620,838 65,037,723 38,668,405 15,763,014 40.8
1923 … … 62,468,034 2,735,615 65,203,649 40,802,170 16,271,910 39.9
1924 … … 64,161,097 2,845,578 67,006,675 42,262,732 15,962,979 37.8
1925 … … 67,763,069 2,976,759 70,739,828 45,182,350 16,780,589 37.1
1926 … … 68,840,999 3,126,837 71,967,836 45,435,252 15,825,189 34.8
1927 … … 69,764,081 3,411,568 73,175,649 48,050,747 16,552,407 34.4
1928 … … 70,789,455 3,654,119 74,443,574 50,519,056 17,203,318 34.1
1929 … … 72,249,890 3,891,185 76,141,075 52,027,586 17,729,841 34.1
1930 … … 74,076,723 5,646,648 79,723,371 54,219,461 18,397,474 33.9
1931 … … 75,471,217 7,257,927 82,729,144 56,077,137 18,760,463 33.5
1932 … … 75,890,509 8,729,580 84,620,089 57,332,230 19,080,418 33.3
1933 … … 77,280,488 9,742,247 87,022,735 58,937,567 20,786,815 35.3
1934 … … 79,125,707 10,766,295 89,892,002 61,890,896 21,341,538 34.5
1935 … … 81,434,944 12,196,206 93,631,150 63,725,885 21,984,435 34.5
1936 … … 83,308,120 12,917,211 96,225,331 66,389,903 22,423,174 33.8
1937 … … 85,050,653 13,636,136 98,686,789 69,234,711 22,909,264 33.1
1938 … … 86,724,427 14,455,117 101,179,544 71,826,167 23,871,425 33.2
1939 … … 87,750,439 15,242,691 102,993,130 74,170,141 23,847,053 32.2
1940 … … 88,755,153 15,964,572 104,719,725 76,750,575 24,611,211 32.1