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 />
UNITED INSURANCE COMPANY LIMITED<br />
INCORPORATED 1976<br />
Directors: H.A. TOPPIN; R.G. CAVE; G. KING; D.A. BLACKMAN; D.W. BOYCE<br />
Secretary: N. BRACE<br />
Auditors: ERNST AND YOUNG<br />
Countries other than <strong>Trinidad</strong> <strong>and</strong> Tobago in which the company writes business: Antigua, Aruba <strong>and</strong><br />
the Netherl<strong>and</strong> Antilles, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, M<strong>on</strong>tserrat, St Lucia,<br />
St. Vincent <strong>and</strong> The Grenadines, Turks <strong>and</strong> Caicos.<br />
Summary <strong>of</strong> Balance Sheet in respect <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> Tobago<br />
business as at 30tH SEPTEMber, <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 Investments<br />
Cash Deposits with the Supervisor <strong>of</strong> <strong>Insurance</strong><br />
Cash <strong>on</strong> Current Account <strong>and</strong> in h<strong>and</strong><br />
Loans <strong>on</strong> Debentures <strong>of</strong> Shares<br />
Outst<strong>and</strong>ing Premiums:<br />
Amounts due from Brokers<br />
Amounts due from Policyholders<br />
Interest, dividends <strong>and</strong> rents accruing but not due<br />
Fixed Assets<br />
TOTAL ASSETS<br />
36,681,781<br />
2,000,000<br />
1,444,703<br />
1,000,000<br />
17,204,425<br />
58,330,909<br />
4,850,000<br />
12,429,099<br />
1,145,431<br />
17,532,718<br />
606,645<br />
2,452,133<br />
516,620<br />
97,863,555<br />
liabilities $ $<br />
<strong>Insurance</strong> Funds:<br />
Unearned Premiums Reserve<br />
Claims admitted or intimated but not paid<br />
Other Liabilities<br />
5,873,994<br />
5,873,994<br />
5,516,063<br />
51,052,484<br />
NET LIABILITIES<br />
N<strong>on</strong>-Admissable Assets Adjustment<br />
Retained Account<br />
Other<br />
TOTAL LIABILITIES<br />
62,442,541<br />
13,504,403<br />
19,231,070<br />
2,685,541<br />
97,863,555<br />
112<br />
REPORT ON INSURANCE AND PENSIONS
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