§ Mr. Morgan
To ask the Secretary of State for Trade and Industry if he will list the number of policyholders with the Export Credits Guarantee Department with an annual export turnover of under(a) £1 million and (b) £500,000 in each of the years 1985 to 1989.
§ Mr. Sainsbury
[holding answer 19 July 1990]: The ECGD insures contracts with buyers in specified countries and does not necessarily require policyholders to inform the ECGD of their annual export turnovers. In addition, some companies insure their business with ECGD through an intermediary rather than direct with the ECGD. Accordingly information is not held in the form required to answer the question. In the financial year 1989–90 a total of 4,720 policyholders each declared business of less than £1 million. This was not necessarily their total export turnover. These figures refer only to the Cardiff-based insurance services short-term business and not to project business.