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 />
TATIL LIFE ASSURANCE LIMITED<br />
INCORPORATED - 1977<br />
Directors: A. N. SABGA; R. A. SUMAIRSINGH; G. BROOKS; V. HERDE; D. CLARKE; M. MOSES. N. EDWARDS;<br />
M.M IBRAHIM<br />
Secretary: R. LAI FANG<br />
Auditors: ERNST & YOUNG<br />
Actuary: APEX CONSULTING LIMITED<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 />
Other Caricom Government Securities<br />
Ordinary shares in T&T Companies<br />
Ordinary shares in n<strong>on</strong>-T&T Companies<br />
Preference shares in T&T Companies<br />
B<strong>on</strong>ds <strong>and</strong> Debentures in T&T Companies<br />
B<strong>on</strong>ds <strong>and</strong> Debentures in n<strong>on</strong>-T&T Companies<br />
Cash <strong>on</strong> Current Account <strong>and</strong> in h<strong>and</strong><br />
Mortgage Loans<br />
Policy Loans<br />
Policy Loan Interest Accrued<br />
Outst<strong>and</strong>ing Premiums:<br />
Amounts due from Policyholders<br />
Amounts due from other <strong>Insurance</strong> Companies<br />
Interest, dividends <strong>and</strong> rents accruing but not due<br />
Sundry Debtors<br />
Fixed Assets<br />
Other Assets<br />
TOTAL ASSETS<br />
114,161,034<br />
9,727,457<br />
53,497,871<br />
110,332,708<br />
10,412,661<br />
205,983,277<br />
220,567,607<br />
1,172,931<br />
187,597,205<br />
122,317,835<br />
liabilities $ $<br />
1,035,770,586<br />
6,381,258<br />
61,701,620<br />
12,038,717<br />
1,363,567<br />
588,777<br />
6,243,615<br />
40,564,671<br />
2,645,094<br />
22,000,000<br />
76,259,548<br />
1,265,557,453<br />
<strong>Insurance</strong> Funds:<br />
L<strong>on</strong>g-Term<br />
Life Surplus Account<br />
Claims admitted or intimated but not paid<br />
Premiums paid in advance<br />
Outst<strong>and</strong>ing Commissi<strong>on</strong>s<br />
Amount due to Reinsurers<br />
Deposits re policies<br />
Other Liabilities<br />
NET LIABILITIES<br />
Paid-up Share Capital<br />
N<strong>on</strong>-Admissable Assets Adjustment<br />
Unrealised Revaluati<strong>on</strong> Reserves<br />
TOTAL LIABILITIES<br />
1,084,963,886<br />
538,022,978<br />
546,940,908<br />
18,344,164<br />
3,193,307<br />
453,941<br />
2,383,481<br />
4,669,982<br />
82,086,719<br />
1,196,095,480<br />
3,000,000<br />
(249,027)<br />
66,711,000<br />
1,265,557,453<br />
106<br />
REPORT ON INSURANCE AND PENSIONS
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