§ Mr. LEES SMITHasked the President of the Board of Trade the names of the underwriters at Lloyd's who are entitled to transact employers' liability insurance by depositing securities with the committee of Lloyd's in compliance with the requirements of the Board of Trade under the Eighth Schedule (D) of the Assurance Companies Act, 1909?
§ Sir P. LLOYD-GREAMEI am forwarding to the hon. Member a list showing the names of the underwriters at Lloyd's for which he has asked.
Mr. SMITHasked 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, 1909, 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 916W to a deposit are given by persons who are not members of Lloyd's Underwriters' Association; and, if so, to what extent?
§ Sir P. LLOYD-GREAMEThe amount of the deposits furnished in accordance with Schedule 8, B and C (2) (b) by Lloyd's underwriters as security for claims in connection with fire, accident and other non-marine insurance business is £1,099,000. The amount of the guarantees furnished is £12,388,338, none of which was given by guarantors who are not members of Lloyd's.
Mr. SMITHasked the President of the Board of Trade how many Lloyd's undertakers 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 D (1) (a) and (6), 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?
§ Sir P. LLOYD-GREAMENo Lloyds' underwriters have furnished the Board of Trade with a statement showing the extent and character of the business effected by them under Schedule 8 (B) and (C) 1 (b). In lieu of providing this statement, 995 underwriters elected to comply with the alternative requirements contained in Schedule 8 (B) and (C) 2, and furnished the Board with auditor's certificates.