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101322

registered interest
date	28/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pool Reinsurance Company
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the current size is of the Pool Re reserves.
tabling member constituency	Ashford
tabling member printed	Damian Green
uin	212169
answer	answer is ministerial correction date of answer 03/11/2014 answer text <p>Pool Re’s reserves stood at approximately £5.26 billion as at 31 December 2013, according to Pool RE’s annual report.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 03/11/2014 15:12:28 answering member 4117 label Biography information for Andrea Leadsom
tabling member	76 label Biography information for Damian Green

101324

registered interest
date	28/10/2014
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Pool Reinsurance Company
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Ashford
tabling member printed	Damian Green
uin	212253
answer	answer is ministerial correction date of answer 03/11/2014 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> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 03/11/2014 15:03:03 answering member 4117 label Biography information for Andrea Leadsom
tabling member	76 label Biography information for Damian Green