Oral Answers to Questions — Industrial Assurance.

– in the House of Commons on 9th July 1942.

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Photo of Mr George Daggar Mr George Daggar , Abertillery

asked the Chancellor of the Exchequer the number of policy holders; the amount of the weekly collection of industrial assurance premiums; the expenses of management and commission; and the percentage of the latter to the premiums collected for each of the years 1920 to the latest available date?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

As the answer is long and detailed, I will, with my hon. Friend' permission, circulate a statement in the OFFICIAL REPORT.

Following is the Statement:

YearNo. of Policies in Force.Premiums Collected.Expenses of Management and Commission.Percentage of Expense etc., to Premiums Collected.
Paying.Free.Total.
££
1920Not available35,794,09916,538,71846.2
1921Not available37,801,05116,521,61043.7
192262,416,8852,620,83865,037,72338,668,40515,763,01440.8
192362,468,0342,735,61565,203,64940,802,17016,271,91039.9
192464,161,0972,845,57867,006,67542,262,73215,962,97937.8
192567,763,0692,976,75970,739,82845,182,35016,780,58937.1
192668,840,9993,126,83771,967,83645,435,25215,825,18934.8
192769,764,0813,411,56873,175,64948,050,74716,552,40734.4
192870,789,4553,654,11974,443,57450,519,05617,203,31834.1
192972,249,8903,891,18576,141,07552,027,58617,729,84134.1
193074,076,7235,646,64879,723,37154,219,46118,397,47433.9
193175,471,2177,257,92782,729,14456,077,13718,760,46333.5
193275,890,5098,729,58084,620,08957,332,23019,080,41833.3
193377,280,4889,742,24787,022,73558,937,56720,786,81535.3
193479,125,70710,766,29589,892,00261,890,89621,341,53834.5
193581,434,94412,196,20693,631,15063,725,88521,984,43534.5
193683,308,12012,917,21196,225,33166,389,90322,423,17433.8
193785,050,65313,636,13698,686,78969,234,71122,909,26433.1
193886,724,42714,455,117101,179,54471,826,16723,871,42533.2
193987,750,43915,242,691102,993,13074,170,14123,847,05332.2
194088,755,15315,964,572104,719,72576,750,57524,611,21132.1