§ Lord Marlesfordasked Her Majesty's Government:
On what date they most recently concluded that Lloyd's of London was solvent and by what date they expect to complete their next assessment of the solvency of Lloyd's.
§ Lord InglewoodLloyd's solvency returns, as required by the Insurance Companies Act 1982, for the year ended 31 December 1993, were delivered to the Department on 2 September 1994—in line with the normal timetable. Initial scrutiny of the key documents, particularly the main forms of the statement of business required by Section 86 of the Act, was completed satisfactorily very shortly afterwards. Complete scrutiny of the whole return, including the large volume of documents required by Section 83, was completed satisfactorily later in the autumn. It is expected that a similar timetable will be followed in relation to the year ended 31 December 1994.