§ Mr. StinchcombeTo ask the Secretary of State for Trade and Industry (1) what is the total sum of(a) premiums received by the Export Credits Guarantee Department and (b) claims paid out by the ECGD for each of the last 10 years in respect of defence exports; [124659]
464W(2) what was the net cast outflow from the Export Credits Guarantee Department attributable to defence exports, broken down by (a) cost of interest rate support, (b) claims paid, (c) interest paid and (d) operating expenses, for each of the last 10 years. [124661]
§ Mr. CabornThe following table details Claims Paid and Premium Earned in request of Defence related business in each of the last ten Financial Years. The cost of Interest Rate supported has been estimated on the proportion of ECGD credit business constituted by defence related business. For completeness the table also includes details of recoveries of claims on defence related business.
£ million Year Premium Earned Claims Paid Estimate of Interest Rate support Recoveries received 1990–91 16 79 81 3 1991–92 11 79 2 24 1992–93 44 94 26 21 1993–94 38 83 -7 9 1994–95 16 92 -1 17 1995–96 23 90 2 28 1996–97 8 50 1 2 1997–98 12 39 4 3 1998–99 18 31 3 6 1999–2000 27 152 1 9 Total 213 789 112 122 As for the further information my hon. Friend requests, I am afraid ECGD does not hold its records on a basis which would enable it to provide the level of details he has requested. It would involve disproportionate cost to produce it.