§ Mr. McCrindleasked the Secretary of State for Trade (1) what percentage of the assets of insurance companies was invested in public sector securities on 31st March 1976;
(2) what percentage of the assets of insurance companies was invested in company securities such as ordinary shares, preference shares and debentures on 31st March 1976;
(3) what percentage of the assets of insurance companies was invested in industrial and commercial mortgages and loans on 31st March 1976.
§ Mr. Clinton DavisFigures of the book value or nominal value of assets held by insurance companies are collected only in respect of 31st December each year. At 31st December 1975 the percentages for United Kingdom public sector securities, company securities and mortgages and loans in the United Kingdom were 26, 34 and 6 respectively. The figure for company securities includes unit trust units and overseas securities; that for mortgages and loans covers all 589W United Kingdom mortgages and loans, except those for house purchase.