Life Annuities.

Part of Oral Answers to Questions — Scotland. – in the House of Commons on 14th March 1922.

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Photo of Viscount  Turnour Viscount Turnour , Horsham and Worthing

Are we to understand from that answer that the Govern-in doing this business, keeps no account as to whether profit or loss arises? Why are not accounts kept in a similar manner to that in which insurance companies have by Act of Parliament to keep their accounts?