HC Deb 25 February 1993 vol 219 cc695-6W
Mr. Salmond

To ask the President of the Board of Trade (1) how many companies, by sector, have been in receipt of export reinsurance from the Export Credits Guarantee Department since December 1991;

(2) how much of Export Credits Guarantee Department expenditure on export reinsurance, since December 1991, went to oil and gas and related companies; and if he will make a statement;

(3) if he will give details of Export Credits Guarantee Department expenditure on export reinsurance since December 1991; if he will break this information down by sector; and if he will make a statement;

(4) what assessment he has made of the impact of the discontinuation of the Export Credits Guarantee Department's reinsurance provision in 1994 for oil and gas and related industry; and if he will make a statement;

(5) what assessments he has made of the impact of Export Credits Guarantee Department export reinsurance expenditure on the volume and value of United Kingdom exports by sector; and if he will make a statement;

(6) what assessment he has made of the impact of the discontinuation of the Export Credits Guarantee Department's reinsurance provision in 1994 for United Kingdom exports and exporters, by sector; and if he will make a statement.

Mr. Needham

I refer the hon. Member to the answer I gave on 10 February,Official Report, column 672.

Reinsurance is provided only to the privatised successor of ECGD's insurance services group on a global basis and it is not possible to provide a breakdown between the risks, goods, trade, sector or geographical location of the exporters ultimately benefiting.

No expenditure in respect of reinsurance claims has been incurred to date.

Forward to