§ Mr. Michael McNair-Wilsonasked the Secretary of State for Northern Ireland how much in total his Department will pay in insurance during the current financial year; and if he will publish a functional breakdown of the total amount.
§ Mr. AlisonThe Northern Ireland Office itself does not effect commercial insurance. However on the assumption of direct rule it was agreed by Her Majesty's Treasury that in the special circumstances in Northern Ireland there was an advantage in continuing the previous practice whereby Northern Ireland Departments took out commerical insurance against certain risks.
The net charge to public funds during the current financial year will amount to approximately £1,865,000.
A functional breakdown is as follows:
£ (thousands) (1) Employment and Public Liability Premiums 983 (2) Motor Insurance, Third Party 589 (3) Engineering Insurance 189 (4) Department of Commerce Factories (Fire and Special Perils) 776 (5) Miscellaneous 28 2,565 Less recoveries of premiums from DOC factory tenants 700 1,865