PARLIAMENTARY WRITTEN QUESTION
Pool Re (15 January 2021)

Question Asked

To ask the Chancellor of the Exchequer, how much revenue is received by the Exchequer from underwriting the insurance of Pool Re.

Asked by:
Jamie Stone (Liberal Democrat)

Answer

HM Treasury received £270m in 2019 and £224m in 2020 from Pool Reinsurance Company Limited. This is compensation for taxpayers for the continued provision of the guarantee.


Answered by:
John Glen (Conservative)
20 January 2021

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