It is not just about the accumulated profits to which my hon. Friend and my hon. Friend the Member for Blaydon (Mr Anderson) have referred: insurance companies are still making huge profits. Lloyd’s of London made £2.7 billion in 2012, Royal and Sun Alliance made £233 million between January and June 2012, and Aviva made £605 million between January and June 2013. These companies are not unprofitable, so their attitude to a levy costing £350 million is an insult to the victims.
Mesothelioma Bill [Lords]
Proceeding contribution from
Lord Beamish
(Labour)
in the House of Commons on Monday, 2 December 2013.
It occurred during Debate on bills on Mesothelioma Bill [Lords].
Type
Proceeding contribution
Reference
571 c667
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2020-04-16 09:41:31 +0100
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