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 />
THE PRESIDENTIAL INSURANCE COMPANY LIMITED<br />
INCORPORATED - 1970<br />
Directors: A. HALLIM; A. ALI; N. ALI; R. RAJCOOMAR; H. HOSPEDALES; J. FRANKLYN<br />
Secretary: R. RAJCOOMAR<br />
Auditors: KRISHNA SEEGOBIN & COMPANY<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 OCTOBER, <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 />
Cash <strong>on</strong> Current Account <strong>and</strong> in h<strong>and</strong><br />
Other Loans<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 />
TOTAL ASSETS<br />
2,086,344<br />
1,879,128<br />
5,322,443<br />
7,379,668<br />
64,624<br />
16,732,207<br />
2,006,726<br />
636,119<br />
6,998,197<br />
6,112,551<br />
131,835<br />
155,888<br />
26,440,530<br />
59,214,053<br />
LIABILITIES<br />
liabilities $ $<br />
<strong>Insurance</strong> Funds:<br />
Unearned Premiums Reserve<br />
Claims admitted or intimated but not paid<br />
Amount due to Reinsurers<br />
<strong>Bank</strong> Loans <strong>and</strong> Overdrafts<br />
Other Liabilities<br />
14,429,473<br />
14,429,473<br />
9,566,295<br />
1,470,344<br />
1,246,270<br />
6,506,912<br />
NET LIABILITIES<br />
Paid-up Share Capital<br />
Retained Account<br />
Other<br />
TOTAL LIABILITIES<br />
33,219,294<br />
15,000,000<br />
8,630,953<br />
2,363,807<br />
59,214,053<br />
110<br />
REPORT ON INSURANCE AND PENSIONS
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