§ Mr. Gerald HowarthTo ask the President of the Board of Trade if she will list the premiums paid by United Kingdom defence companies in each of the last 10 years in respect of ECGD cover for defence exports from the United Kingdom. [10304]
§ Mrs. Roche[holding answer 24 July 1997]: Premium earned in the defence sector for capital good and projects in the last 10 years is as follows:
Year Premium earned £ million 1986–87 18.7 1987–88 8.9 1988–89 24.2 1989–90 13.1 1990–91 17.0 1991–92 10.7 1992–93 40.4 1993–94 37.7 1994–95 10.0 1995–96 23.7 Figures are not yet available for 1996–97.
Figures are not readily available for defence business on short terms of credit insured by ECGD prior to the privatisation of its Insurance Services Group in 1991.