Pool Re

(asked on 15th January 2021) - View Source

Question to the HM Treasury:

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


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 20th January 2021

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.

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