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 ...
OVERVIEW OF THE INSURANCE INDUSTRY FIGURE 1 GROSS PREMIUM INCOME DISTRIBUTION OTHER 11% OTHER 8% PROPERTY 10% PROPERTY 9% MOTOR 11% MOTOR 10% LONG-TERM 68% LONG-TERM 73% 1 2 OTHER 770.2 735.9 PROPERTY 773.5 686.5 MOTOR 843.5 694.9 LONG-TERM 6,528.0 4,467.6 2007 2006 $M $M LONG-TERM 6,528.0 4,467.6 MOTOR 843.5 694.9 PROPERTY 773.5 686.5 OTHER 770.2 735.9 8,915.2 6,584.9 8 REPORT ON INSURANCE AND PENSIONS
OVERVIEW OF THE INSURANCE INDUSTRY FIGURE 2 POLICIES IN FORCE Long-Term Insurance Business Thousands 610 590 570 550 530 510 490 470 450 430 410 390 370 350 330 310 290 270 250 2003 2004 YEAR 2005 2006 2007 Year No. of policies (thousands) 2003 460 2004 478 2005 506 2006 539 2007 600 REPORT ON INSURANCE AND PENSIONS 9
- Page 1: ISSN 1995-7173
- Page 4 and 5: TABLE OF CONTENTS Paragraph Referen
- Page 6 and 7: TABLE OF CONTENTS LIST OF TABLES TA
- Page 8 and 9: OVERVIEW OF THE INSURANCE INDUSTRY
- Page 12 and 13: OVERVIEW OF THE INSURANCE INDUSTRY
- Page 14 and 15: PART I - INSURANCE COMPANIES 3. LON
- Page 16 and 17: INSURANCE COMPANIES New Business Wr
- Page 18 and 19: INSURANCE COMPANIES FIGURE 5 Long-T
- Page 20 and 21: INSURANCE COMPANIES 3.06 Policies d
- Page 22 and 23: INSURANCE COMPANIES 3.10 Assets pla
- Page 24 and 25: INSURANCE COMPANIES Local Assets Ra
- Page 26 and 27: INSURANCE COMPANIES 3.17 Net Premiu
- Page 28 and 29: INSURANCE COMPANIES FIGURE 7 Long-T
- Page 30 and 31: INSURANCE COMPANIES REINSURANCE 3.1
- Page 32 and 33: GENERAL INSURANCE BUSINESS 4. GENER
- Page 34 and 35: INSURANCE COMPANIES Statutory Depos
- Page 36 and 37: INSURANCE COMPANIES DEPOSITS RETAIN
- Page 38 and 39: INSURANCE COMPANIES GENERAL INSURAN
- Page 40 and 41: INSURANCE COMPANIES SCHEDULE SHOWIN
- Page 42 and 43: INSURANCE COMPANIES Underwriting Re
- Page 44 and 45: INSURANCE COMPANIES REINSURANCE - M
- Page 46 and 47: INSURANCE COMPANIES SCHEDULE SHOWIN
- Page 48 and 49: INSURANCE COMPANIES FIGURE 10 OTHER
- Page 50 and 51: INSURANCE COMPANIES REINSURANCE - P
- Page 52 and 53: INSURANCE COMPANIES REINSURANCE - O
- Page 54 and 55: INSURANCE COMPANIES MARGIN OF SOLVE
- Page 56 and 57: INSURANCE COMPANIES 5. ASSOCIATION
- Page 58 and 59: INSURANCE INTERMEDIARIES Examinatio
OVERVIEW OF THE INSURANCE INDUSTRY<br />
FIGURE 2<br />
POLICIES IN FORCE<br />
L<strong>on</strong>g-Term <strong>Insurance</strong> Business<br />
Thous<strong>and</strong>s<br />
610<br />
590<br />
570<br />
550<br />
530<br />
510<br />
490<br />
470<br />
450<br />
430<br />
410<br />
390<br />
370<br />
350<br />
330<br />
310<br />
290<br />
270<br />
250<br />
2003<br />
2004<br />
YEAR<br />
2005<br />
2006<br />
<strong>2007</strong><br />
Year<br />
No. <strong>of</strong> policies (thous<strong>and</strong>s)<br />
2003 460<br />
2004 478<br />
2005 506<br />
2006 539<br />
<strong>2007</strong> 600<br />
REPORT ON INSURANCE AND PENSIONS 9
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