HC Deb 27 January 1930 vol 234 cc644-5W
Mr. KELLY

asked the Financial Secretary to the Treasury what was the average dividend, free of tax, declared by the six largest industrial assurance companies for 1928?

Mr. PETHICK-LAWRENCE

The average dividend, free of tax, declared for 1928 by the six largest industrial assurance companies (other than mutual companies) is 54 per cent. on the total paid-up share capital. The dividend is derived from all classes of business undertaken, not solely from industrial assurance business.