Report on Insurance and Pensions 2007 - Central Bank of Trinidad ...
Report on Insurance and Pensions 2007 - Central Bank of Trinidad ... Report on Insurance and Pensions 2007 - Central Bank of Trinidad ...
APPENDIX A THE REINSURANCE COMPANY OF TRINIDAD AND TOBAGO LIMITED INCORPORATED - 1975 Directors: R. LAKHAN–NARACE; D. LALOR; P LALOR; D. MITCHELL; F. AL RAWI; R. TIM KEE Secretary: A. WEST SMITH Auditors: HYACINTH SIMMS Actuary: M. C. TAI-BELL Countries other than Trinidad and Tobago in which the company writes business: NIL. Summary of Balance Sheet in respect of Trinidad and Tobago business as at 31st December, 2007 assets $ $ Investments: Fixed Deposits with Other Financial Institutions Trinidad and Tobago Government Securities Other Foreign Government Securities Ordinary shares in T&T Companies Ordinary shares in non-T&T Companies Cash on Current Account and in hand Outstanding Premiums: Amounts due from Brokers Amounts due from other Insurance Companies Sundry Debtors Fixed Assets TOTAL ASSETS 811,999 11,186,500 8,381,397 6,738,036 3,455,108 30,573,040 7,635,328 5,811,445 9,729,211 1,498,471 1,187,392 56,434,887 liabilities $ $ Insurance Funds: Long Term Unearned Premiums Reserve Claims admitted or intimated but not paid Amount due to Reinsurers Other Liabilities 17,273,569 533,845 16,739,724 15,224,357 11,830,158 2,246,417 NET LIABILITIES Paid-up Share Capital Share Premium Account Non-Admissable Assets Adjustment Retained Account Other TOTAL LIABILITIES 46,574,501 20,333,333 1,929,166 (10,617,451) (4,978,967) 3,194,305 56,434,887 100 REPORT ON INSURANCE AND PENSIONS
SUMMARY OF BALANCE SHEETS OF INCORPORATED COMPANIES ROYAL CARIBBEAN INSURANCE LIMITED INCORPORATED – 1976 Directors: FE LOPEZ-COLLYMORE; RICHARD ESPINET Secretary: FE LOPEZ-COLLYMORE Auditors: PricewaterhouseCoopers Countries other than Trinidad and Tobago in which the company writes business: NIL. Summary of Balance Sheet in respect of Trinidad and Tobago business as at 31st December, 2007 assets $ $ Investments: Fixed Deposits with Bank Trinidad and Tobago Government Securities Ordinary shares in T&T Companies Bonds and Debentures in T&T Companies Cash on Current Account and in hand Outstanding Premiums Interest, dividends and rents accruing but not due Sundry Debtors 500,000 2,183,544 88,591 1,250,000 4,022,135 213,532 68,715 224,003 TOTAL ASSETS 4,528,384 liabilities $ $ Claims admitted or intimated but not paid Amount due to Reinsurers Other Liabilities 4,205,460 1,332,910 4,453 NET LIABILITIES Paid-up Share Capital Non-Admissable Assets Adjustment Retained Account Other TOTAL LIABILITIES 5,542,823 3,000,000 (14,620,132) 6,890,404 3,715,289 4,528,384 REPORT ON INSURANCE AND PENSIONS 101
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- Page 54 and 55: INSURANCE COMPANIES MARGIN OF SOLVE
- Page 56 and 57: INSURANCE COMPANIES 5. ASSOCIATION
- Page 58 and 59: INSURANCE INTERMEDIARIES Examinatio
- Page 60 and 61: PENSION FUND PLANS 7.09 The followi
- Page 62 and 63: PENSION FUND PLANS Balance Sheets 7
- Page 64 and 65: PENSION FUND PLANS FIGURE 12 PENSIO
- Page 66 and 67: ACTUARIAL INVESTIGATIONS SUMMARIES
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- Page 82 and 83: APPENDIX A Directors: Secretary: Au
- Page 84 and 85: APPENDIX A Directors: Secretary: Au
- Page 86 and 87: APPENDIX A CARIBBEAN INSURANCE COMP
- Page 88 and 89: APPENDIX A COLONIAL FIRE AND GENERA
- Page 90 and 91: APPENDIX A CUNA CARIBBEAN INSURANCE
- Page 92 and 93: APPENDIX A FURNESS ANCHORAGE GENERA
- Page 94 and 95: APPENDIX A GUARDIAN GENERAL INSURAN
- Page 96 and 97: APPENDIX A GULF INSURANCE LIMITED I
- Page 98 and 99: APPENDIX A MARITIME LIFE (CARIBBEAN
- Page 100 and 101: APPENDIX A MOTOR ONE INSURANCE COMP
- Page 104 and 105: APPENDIX A SAGICOR GENERAL INSURANC
- Page 106 and 107: APPENDIX A SCOTIALIFE INSURANCE LIM
- Page 108 and 109: APPENDIX A TATIL LIFE ASSURANCE LIM
- Page 110 and 111: APPENDIX A THE GREAT NORTHERN INSUR
- Page 112 and 113: APPENDIX A THE PRESIDENTIAL INSURAN
- Page 114 and 115: APPENDIX A UNITED INSURANCE COMPANY
- Page 116 and 117: APPENDIX B LIST OF REGISTERED AGENT
- Page 118 and 119: List of Registered Agents List of A
- Page 120 and 121: List of Registered Agents List of A
- Page 122 and 123: List of Registered Agents List of A
- Page 124 and 125: List of Registered Agents List of A
- Page 126 and 127: List of Registered Agents List of A
- Page 128 and 129: List of Registered Agents List of A
- Page 130 and 131: List of Registered Agents List of A
- Page 132 and 133: List of Registered Agents List of A
- Page 134 and 135: List of Registered Agents List of A
- Page 136 and 137: List of Registered Agents List of A
- Page 138 and 139: List of Registered Agents List of A
- Page 140 and 141: List of Registered Agents List of A
- Page 142 and 143: APPENDIX C LIST OF BROKERS REGISTER
- Page 144 and 145: APPENDIX D LIST OF REGISTERED ADJUS
- Page 146 and 147: Appendix e LIST OF PENSION PLANS RE
- Page 148 and 149: Appendix e LIST OF PENSION PLANS RE
- Page 150 and 151: Appendix e INSURED PENSION FUND PLA
SUMMARY OF BALANCE SHEETS OF INCORPORATED COMPANIES<br />
ROYAL CARIBBEAN INSURANCE LIMITED<br />
INCORPORATED – 1976<br />
Directors: FE LOPEZ-COLLYMORE; RICHARD ESPINET<br />
Secretary: FE LOPEZ-COLLYMORE<br />
Auditors: PricewaterhouseCoopers<br />
Countries other than <strong>Trinidad</strong> <strong>and</strong> Tobago in which the company writes business: NIL.<br />
Summary <strong>of</strong> Balance Sheet in respect <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> Tobago<br />
business as at 31st December, <strong>2007</strong><br />
assets $ $<br />
Investments:<br />
Fixed Deposits with <strong>Bank</strong><br />
<strong>Trinidad</strong> <strong>and</strong> Tobago Government Securities<br />
Ordinary shares in T&T Companies<br />
B<strong>on</strong>ds <strong>and</strong> Debentures in T&T Companies<br />
Cash <strong>on</strong> Current Account <strong>and</strong> in h<strong>and</strong><br />
Outst<strong>and</strong>ing Premiums<br />
Interest, dividends <strong>and</strong> rents accruing but not due<br />
Sundry Debtors<br />
500,000<br />
2,183,544<br />
88,591<br />
1,250,000<br />
4,022,135<br />
213,532<br />
68,715<br />
224,003<br />
TOTAL ASSETS<br />
4,528,384<br />
liabilities $ $<br />
Claims admitted or intimated but not paid<br />
Amount due to Reinsurers<br />
Other Liabilities<br />
4,205,460<br />
1,332,910<br />
4,453<br />
NET LIABILITIES<br />
Paid-up Share Capital<br />
N<strong>on</strong>-Admissable Assets Adjustment<br />
Retained Account<br />
Other<br />
TOTAL LIABILITIES<br />
5,542,823<br />
3,000,000<br />
(14,620,132)<br />
6,890,404<br />
3,715,289<br />
4,528,384<br />
REPORT ON INSURANCE AND PENSIONS 101
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