PARLIAMENTARY WRITTEN QUESTION
Defence: Export Credit Guarantees (22 October 2018)

Question Asked

To ask the Secretary of State for International Trade, what the (a) premium income (b) claims paid and (c) monies at risk of UK Export Finance were relating to the defence sector for the financial years (i) 2015-16, (ii) 2016-17 and (iii) 2017-18.

Asked by:
Christine Jardine (Liberal Democrat)

Answer

The premium income for defence transactions is presented in the table below.

Financial Year

Gross Premium GBP

Net Premium GBP

2015/16

89,865.80

89,865.80

2016/17

64,818,167.46

46,858,612.39

2017/18

4,823,315.65

4,823,315.65

No claims were paid relating to defence sector contracts during this period.

The monies at risk for defence transactions are presented in the table below.

FY

Net Amount at Risk £m

2015-16

1,219.3

2016-17

2,749.8

2017-18

2,537.6

Where such information is not commercially sensitive, UKEF publishes details of the companies it has supported on an annual basis in its Annual Report and Accounts which are presented to Parliament and can be found on UKEF’s website.

https://www.gov.uk/government/collections/uk-export-finance-annual-reports-and-accounts


Answered by:
Graham Stuart (Conservative)
25 October 2018

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.