§ Mr. P. OLIVER
asked the President of the Board of Trade, for each of the years 1928 and 1929, what is the amount
Year. Deposits. Guarantees given by Members of Lloyd's. Guarantees given by persons other than Members of Lloyd's. £ £ 1923 … … … 2,633,125 11,496,643 Nil. 1929 … … … 3,007,558 12,434,170 Nil.
No alteration has been made during the years 1928 and 1929 in the forms of underwriting members' non-marine guarantee agreement, or in the trust deed approved by the Board of Trade under heads (B) and (C) 2 (a) of the Eighth Schedule.
asked the President of the Board of Trade how many Lloyd's underwriters during the years 1928 and 1929, respectively, have complied with the requirements laid down in Schedule 8, paragraphs B and C (1) (b) of the Assurance Companies Act as regards the furnishing to the Board of Trade of a statement Showing the extent and character of the business effected by them; and how many Lloyd's underwriters during the same period, in lieu of complying with paragraph B (1) (a) and (b), have elected to comply with paragraphs B and C (2) of the Schedule and supply the 1114W of deposits, if any, furnished in accordance with Schedule 8 B and C 2 (3) of the Assurance Companies Act, 1909, by Lloyd's underwriters as security for the due fulfilment of their fire and accident insurance contracts; the amount of the security furnished in the form of guarantees; whether any of the guarantees which may be furnished as an alternative to a deposit are given by persons who are not members of Lloyd's Underwriters' Association; if so, to what extent; whether any alteration has been made in the terms of either the underwriters' agreement or trust deed during the years 1928 and 1929; and, if so, what is the alteration?
§ Mr. W. R. SMITH
The amounts of deposits and guarantees for the years 1928 and 1929 furnished by Lloyd's underwriters in accordance with the Eighth Schedule (B) and (C) 2 (b), as security for the due fulfilment of their fire and accident insurance contracts, were as follow:
Board of Trade with an auditor's certificate in lieu of a full statement showing the extent and character of the business transacted?
No Lloyd's underwriters during 1928 and 1929 complied with the requirements laid down in the Eighth Schedule, paragraphs (B) and (C) 1 (b).
In lieu of complying with paragraphs (B) and (C) 1 (a) and (b) the undermentioned numbers of Lloyd's underwriters elected during the years 1928 and 1929 to comply with paragraphs (B) and (C) 2 of the Eighth Schedule, namely:—
1928 1,284 1923 1,358