HC Deb 08 August 1972 vol 842 cc401-2W
Mr. McCrindle

asked the Secretary of State for Trade and Industry when he expects to publish the Monopolies Commission's report on the supply of fire insurance.

Mr. Noble

The report is being published today. It applies to industrial and commercial, but not domestic, fire insurance. The majority of the Commission made three recommendations: that the agreements and arrangements among the members of the Fire Offices' Committee constituting the tariff system and the Co-Insurance Agreement among some of the members should be terminated; that the arrangements or understanding among all fire insurers as to the application of average to industrial and commercial fire insurance should be terminated; and that the provision of a collective statistical service by fire insurers, if they so wish, should not be regarded as

SCHEMES ADDED TO THE PREPARATION POOL
1967
(Including schemes being prepared at the pools inception)
A470 Glyntaff-Abercynon
A483 Wrexham By-pass
A40 Carmarthen Diversion—Section "C"
A465 Aberdulais—Llandarcy
A645 Glyn Neath By-pass
A48(M) Morriston By-pass
M4 Pyle By-pass
A4042 Llantamam By-pass
A55O Drome Corner to Cheshire County Boundary
A465 Abergavenny By-pass
A487 Caernarvon Inner Relief Road
A843 Welshpool By-pass
infringing the first of these recommendations.

I accept in principle the main recommendation of the majority of the Commission that the tariff system should be abolished. But implementation will need to be considered in the light of the review which is being undertaken of the Government's supervisory functions in relation to the whole field of insurance