HC Deb 14 February 1985 vol 73 cc231-2W
Mr. Teddy Taylor

asked the Secretary of State for Trade and Industry if the freedom provided to Common Market-based insurance companies to solicit and secure insurance business in the United Kingdom is in practice provided to United Kingdom insurance companies soliciting and securing insurance business from residents of other member states; and if he will make a statement.

Assistance Number assisted Amount £ million Period
Regional selective assistance (s.7) †465 27.1 *1984–85
Support for Innovation (General Facility) †417 23.1 1984
Small Firms Loan Guarantee Scheme ‡3,347 110 (loan value) 1984
Design Advisory Service Funded Consultancy Scheme (DASFCS)║ 790 3 1984–85
Manufacturing Advisory Service (MAS)║ 960 5.5 1984–85
Small Firms Technical Enquiry Service (SFTES) 3,000 (enquirers) 4.4 1984–85
Quality Assurance Support Scheme (QASS)¶ 24 0.2 1984–85
Small Engineering Firms Investment Scheme●

Mr. Fletcher

In most other Community countries, United Kingdom insurance companies cannot obtain direct insurance business unless they are established in the country concerned. It is because we want a real common market in insurance that we are continuing to press for a liberal non-life insurance services directive and are intervening in support of the Commission in the insurance cases they are bringing before the European Court.