§ Mr. WALLHEADasked the President of the Board of Trade what is the total income of the ordinary life assurance societies and companies; what is the total amount of their invested funds; what is the amount invested in Government and in local government funds; and in railways and transport, including shipping?
§ Mr. W. GRAHAMThe revenue accounts of the ordinary life assurance business of companies established in Great Britain show a total income of £107,471,619 for the year 1928, which is the latest year in respect of which complete figures are available. The balance sheets of these companies at the end of 1928 showed investments, including mortgages and loans, totalling £1,051,813,169. I cannot state particulars of the investments in the form asked for in the ques
— British Government Securities. British Municipal Securities. Indian and Colonial Government Municipal and Provincial. Foreign Government and Municipal. British and Foreign Railways. £ £ £ £ £ Five Companies … 31,544,487 16,219,912 9,069,840 9,354,764 53,529,141 Collecting Societies … 3,586,241 27,211,252 ‡ ‡ ‡ ° Excludes £564,409 income of Funds of collecting societies other than their Industrial Assurance Funds. † Includes Benefit Funds other than industrial £2 761,788. ‡ Not separated from Miscellaneous Investments (other than Mortgages and Land and House Property) amounting, to £2,326,293.