HC Deb 03 August 1971 vol 822 cc277-8W
Mr. Carter

asked the Secretary of State for Trade and Industry if he will seek to discuss with motor insurance companies the question of their restricting premium increases to 5 per cent. per annum, in the light of the recent Confederation of British Industry policy.

Mr. Ridley

My right hon. Friend's responsibilities under the Insurance Companies Acts mean that insurers must be free to charge sufficient premiums to maintain their solvency margin.

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