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 ...
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APPENDIX A<br />
SCOTIALIFE INSURANCE LIMTED<br />
INCORPORATED 2003<br />
Directors: R. YOUNG; T. FARRELL; O. ZIMMERMAN; H. MAZELY<br />
Secretary: B. JAMES<br />
Auditors: KPMG CHARTERED ACCOUNTANTS<br />
Actuary: RICHARD LABELLE<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 />
Fixed Deposits with Other Financial Instituti<strong>on</strong>s<br />
<strong>Trinidad</strong> <strong>and</strong> Tobago Government Securities<br />
Securities guaranteed by the Gov’t <strong>of</strong> T&T<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 />
Mortgage Loans<br />
Outst<strong>and</strong>ing Premiums:<br />
Amounts due from Policyholders<br />
Interest, dividends <strong>and</strong> rents accruing but not due<br />
Sundry Debtors<br />
TOTAL ASSETS<br />
3,590,000<br />
4,794,619<br />
28,765,363<br />
97,664,333<br />
1,754,047<br />
6,003,849<br />
142,572,211<br />
5,333,618<br />
140,430,413<br />
57,569<br />
4,735,566<br />
48,711<br />
293,178,088<br />
liabilities $ $<br />
<strong>Insurance</strong> Funds:<br />
L<strong>on</strong>g-Term<br />
Claims admitted or intimated but not paid<br />
Premiums paid in advance<br />
Deposits re: policies<br />
Other Liabilities<br />
204,518,573<br />
204,518,573<br />
161,537<br />
367,027<br />
59,739<br />
5,263,017<br />
NET LIABILITIES<br />
Paid-up Share Capital<br />
Retained Account<br />
TOTAL LIABILITIES<br />
210,369,893<br />
60,000,000<br />
22,808,195<br />
293,178,088<br />
104<br />
REPORT ON INSURANCE AND PENSIONS