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101324
registered interest false more like this
date less than 2014-10-28more like thismore than 2014-10-28
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pool Reinsurance Company more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the adequacy of the Pool Reinsurance reserves in the event of a terrorist incident. more like this
tabling member constituency Ashford more like this
tabling member printed
Damian Green more like this
uin 212253 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-03more like thismore than 2014-11-03
answer text <p>Pool Re’s reserves stood at approximately £5.26 billion as at 31 December 2013. However, Pool Re is able to cover events that result in significantly greater claims than £5.26 billion due to its ability to increase premiums, call on additional funds from members, and call on an HMT guarantee to make funding available should those sources prove insufficient to meet its reinsurance liabilities.</p><p> </p> more like this
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
question first answered
remove filter
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
76
label Biography information for Damian Green more like this