HC Deb 08 February 1940 vol 357 c424W
Mr. Pethick-Lawrence

asked the Chancellor of the Exchequer whether the Treasury Finance Regulations impose any obstacle upon British insurance companies in the carrying on of their overseas business, and, in particular, in meeting admitted claims payable in foreign currencies?

Sir J. Simon

The fullest arrangements have been made to enable British insurance companies to carry on their overseas business without impediment, and to meet claims by Allied, neutral or British claimants under any policy in accordance with the terms of the policy, whether it be expresed in sterling or in foreign currency.

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