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Mr. Cousins
To ask the Secretary of State for Trade and Industry how many regulatory inquiries have been carried out by his Department or its inspectors under the Insurance Act 1982 in each year; and, in each case, which section of the Act was involved.
Mr. Redwood
Taking regulatory inquiries to mean actuarial investigations—section 42 of the Insurance Companies Act 1982—or use of powers to obtain information—section 44—the information requested, drawn from the insurance annual reports is:
| Year | Section 42 | Section 44 |
| 1983 | 8 | 24 |
| 1984 | 11 | 29 |
| 1985 | 6 | 25 |
| 1986 | 4 | 21 |
| 1987 | 6 | 39 |
| 1988 | 1 | 24 |
| 1989 | 3 | 31 |