asked the Minister for Industry and Commerce if he will state in respect of each of the last three years the total premium income received by insurance companies under the Workmen's Compensation Acts, and the amounts expended in (a) compensation, (b) administration, and (c) legal and medical fees.
Ceisteanna—Questions. Oral Answers. - Workmen's Compensation: Insurance Statistics.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to circulate it with the Official Report.
Following is the statement:—
The information furnished to my Department relates to employers' liability insurance business (including workmen's compensation) carried on by insurance companies. The particulars for the latest three years are as follows:—
|
1954 |
1955 |
1956 |
|
|
£ |
£ |
£ |
|
|
Premium Income |
1,569,463 |
1,770,817 |
2,127,427 |
|
Claims (including increase in outstanding liability) |
826,454 |
1,022,737 |
1,153,700 |
|
Administrative expenses (including commission) |
553,659 |
598,389 |
697,728 |
Medical and legal expenses are included in the claims paid and separate figures are not available.
The figures for the year 1956 are provisional.