I entirely agree with my hon. Friend that the industry cannot stand by and let individuals suffer as a result of the collapse of Chester Street. However, he will appreciate that his remarks contain assumptions with which I cannot directly agree.

We are considering complex issues with regard to individual claimants. The Government are working with the insurance industry on Chester Street and the position of employees whose claims relate to a non-compulsory insurance policy held by a former employer who no longer exists.

We are currently awaiting further information from the insurance industry, but as I said, we have made it clear, as has my right hon. Friend the Secretary of State for Scotland, that it cannot walk way from Chester Street. We expect the industry to take a constructive approach to the issue. The Government recognise that this is a difficult issue that has to be resolved within demanding time constraints, and I assure my hon. Friend the Member for Jarrow that all those involved are working very hard to resolve the issue as soon as possible.

I repeat that the Government understand the concerns expressed in the debate, especially of those who are suffering from asbestos-related diseases as a result of their exposure in the workplace, and of their families. We are monitoring the situation carefully, in the interests of all who are affected by the insurance company's insolvency. I thank my hon. Friends for their role in making sure that the issue is seriously considered and dealt with.