§ Mr. Douglas
asked the President of the Board of Trade what have been the totals since the commencement of the war to the end of the last financial year of the premiums received, the compensation paid and the expenses of administering the War Risks (Commodities) Insurance Fund.1498W
§ Mr. Lyttelton
Up to 31st March, 1945, £198,250,000 had been received in premiums, to which sum there should be added a further £3,250,000 representing interest' on investments, salvage receipts, etc. The compensation paid in the period amounted to £114,500,000, and there were outstanding liabilities of about £2,000,000. It is not possible, without an elaborate investigation, to state the precise cost of administering the Fund, but payments, to agents and assessors, and the expenses of the Board of Trade District Insurance Committees, which represent by far the greater part of the total cost of the administration, amounted up to 31st March last to £4,750,000.