Early Day Motion·EDM 1322
MUTUAL INSURANCE
15 May 200260 Signatures
Primary sponsor
Sir Mark Hendrick
Labour (Co-op) — Preston
Motion Text
That this House welcomes the results of an analysis of the Money Management annual with-profit returns from UK mutuals and plcs over the last four years, released by the International Cooperative and Mutual Insurance Federation; notes that the results clearly demonstrate that mutuals offer higher average returns of up to more than 20 per cent. than that of plcs; and urges the Government to recognise the important role that mutuals play in ensuring competition and value for money for the consumer.