Written Answers. - Employers' Liability Insurance.

58.

asked the Minister for Industry and Commerce if he will give details of employers' liability insurance for 1957 in the form of a reply of 6th June, 1961.

The particulars requested by the Deputy are set out in the following table.

EMPLOYERS' LIABILITY INSURANCE

(Business in Ireland)

1957

(a) Irish Companies

(b) Non-Irish Companies

Amount

Expressed per £ of Premium Income

Amount

Expressed per £ of Premium Income

£

s.

d.

£

s.

d.

(1) Expenses of Management

129,408

4

7

399,340

5

8

(2) Commission

35,972

1

3

106,717

1

6

(3) Medical and Legal Expences (assumed at 5% of premium income)

28,446

1

0

71,059

1

0

(4) Administrative expenses (1) & (2) & (3)

193,826

6

10

577,116

8

2

(5) Transfers to (+), or from (-):

Unexpired Risks Reserve

-13,136

-(0

5)

-47,169

-(0

8)

Additional Reserve

+1,702

(6) Underwriting Profit

97,140

3

5

165,892

2

4

(7) Claims (including increase in estimated liability for outstanding claims)

289,399

10

2

725,355

10

2

(8) Premium Income

568,931

1,421,194