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Building Sooieties (Fire Insurance)

Volume 237: debated on Thursday 3 April 1930

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asked the Home Secretary if he will take steps to ensure that in the case of building societies carrying all or part of the fire risks in respect of properties in mortgage to them, the extent of the risks covered, and the amount of premiums received, are clearly shown in the accounts of the societies?

I am advised by the Chief Registrar of Friendly Societies that the extent of the risks covered is not an item which could appear in the accounts. As regards premiums, he will consider whether any steps can be taken to have them shown separately in the accounts where this is not already done.