HC Deb 09 March 1937 vol 321 cc988-90W
Mr. Jenkins

asked the President of the Board Trade whether he can state the total premiums paid to insurance companies in respect of workmen's compensation; the total amount paid to injured workpeople; and the total costs of administration and profits for each year from 1926 to 1936?

Mr. Runciman

pursuant to his reply (OFFICIAL REPORT, 2nd March, 1937; col. 171, Vol. 321) supplied the following statement:

RETURNS confined to particulars of Workmen's Compensation business are not rendered to the Board of Trade, but the following particulars (extracted from the Returns made in accordance with the Assurance Companies Act, 1909) have been furnished in respect of the Employers' Liability Insurance business transacted within the United Kingdom by Insurance Companies during each of the years 1926–1935.
[NOTE.—Particulars for the year 1936 are not yet available.]
Year.
1926. 1927. 1928. 1929. 1930. 1931. 1932. 1933. 1934. 1935.
£ £ £ £ £ £ £ £ £ £
Premiums (less re-insurance). 5,689,228 5,861,556 5,796,240 5,826,521 5,790,236 5,373,600 5,054,935 4,965,327 5,354,000 5,861,879
Payments under policies, including medical and legal expenses in connection therewith. 3,166,648 3,147,928 3,297,532 3,291,750 3,302,211 3,156,853 2,975,505 2,905,636 3,205,075 3,354,156
Commission and Expenses of Management. 1,891,251 1,925,057 1,907,961 1,899,377 1,919,623 1,808,110 1,738,523 1,720,563 1,787,585 1,851,944
Net transfer to Profit and Loss Account excluding amounts provided out of interest and dividends on reserves. 502,030 556,184 587,860 533,483 512,741 616,055 431,861 164,604 93 90,817