§ Sir HAROLD ELVERSTONasked the President of the Board of Trade the names of the gentlemen who ceased to act as underwriters at Lloyd's during the years 1913 and 1912?
Mr. RUNCIMANThe Board of Trade have no record of the names of the gentlemen who ceased to act as underwriters at Lloyd's during the years 1913 and 1912, but I am informed by the Committee of Lloyd's that the numbers for those two years are twenty and twenty-four respectively.
§ Sir H. ELVERSTONasked the President of the Board of Trade how many Lloyd's underwriters 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, 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 to the Board of Trade an auditor's certificate in lieu of a full statement showing the extent and character of the business transacted?
Mr. RUNCIMANNo Lloyd's underwriters have furnished the Board of Trade with a statement showing the extent and character of the business effected by them in accordance with Schedule 8 (B) and (C), 1 (b), of the Assurance Companies Act, 1909. Five hundred and forty-four underwriters elected to comply with the alternative requirements contained in Schedule 8 (B) and (C) 2, and furnished the Board with auditor's certificates.
1515W
§ Sir H. ELVERSTONasked the President of the Board of Trade what is the amount of the deposits, if any, furnished in accordance with the Eighth Schedule (B) and (C), 2 (3), of the Assurance Companies Act, 1869, 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' Associations; and, if so, to what extent?
Mr. RUNCIMANThe amount of the deposits furnished in accordance with Schedule 8 (B) and (C), 2 (b), of the Assurance Companies Act, 1909, by Lloyd's underwriters as security for claims in connection with fire and accident and other non-marine business is £263,750. The amount of the security furnished in accordance with the provisions referred to in the form of guarantee is £4,436,000. No part of these guarantees has been given by persons other than Lloyd's members.