26.01.2015 Views

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 ...

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

1.<br />

2.<br />

3.<br />

1.<br />

2.<br />

3.<br />

TABLES<br />

TABLE IV<br />

REVENUE ACCOUNT IN RESPECT OF NON-CANCELLABLE, SICKNESS AND ACCIDENT INSURANCE - <strong>2007</strong><br />

INCOME<br />

COMPANIES FUNDS AT THE<br />

BEGINNING<br />

OF THE YEAR<br />

PREMIUMS TOTAL<br />

PREMIUMS<br />

COMMISSION<br />

RECEIVED<br />

NET Interest Other<br />

TOTAL<br />

LOCAL<br />

SINGLE<br />

Other<br />

$ $ $ $ $ $<br />

$ $<br />

American Life <strong>and</strong> General <strong>Insurance</strong> Company<br />

(T&T) Ltd.<br />

2,551,523<br />

30,997,665<br />

30,997,665<br />

14,905<br />

185,321<br />

33,749,414<br />

British-American <strong>Insurance</strong> Company<br />

(<strong>Trinidad</strong>) Ltd.<br />

47,683<br />

1,048,530<br />

1,048,530<br />

4,023<br />

365<br />

1,100,601<br />

Maritime Life (Caribbean) Ltd.<br />

5,666,522<br />

5,666,522<br />

5,666,522<br />

TOTAL<br />

2,599,206<br />

37,712,717<br />

37,712,717<br />

14,905<br />

189,344<br />

365<br />

40,516,537<br />

EXPENDITURE<br />

COMPANIES<br />

Total<br />

other expenses<br />

Policy<br />

Payments COMMISSIONS<br />

Expenses <strong>of</strong><br />

Management<br />

OTHER FUNDS AT<br />

THE END<br />

OF THE YEAR<br />

TRANSFERS TO<br />

PROFIT<br />

AND LOSS<br />

TOTAL<br />

LOCAL<br />

$ $ $ $ $ $<br />

$<br />

American Life <strong>and</strong> General <strong>Insurance</strong> Company<br />

(T&T) Ltd.<br />

8,084,802<br />

6,546,898<br />

11,147,264<br />

(918)<br />

2,975,643<br />

4,995,725<br />

33,749,414<br />

British-American <strong>Insurance</strong> Company<br />

(<strong>Trinidad</strong>) Ltd.<br />

50,732<br />

257,777<br />

37,728<br />

63,144<br />

691,220<br />

1,100,601<br />

Maritime Life (Caribbean) Ltd.<br />

4,166,430<br />

208,475<br />

457,165<br />

834,452<br />

5,666,522<br />

TOTAL<br />

12,301,964<br />

7,013,150<br />

11,642,157<br />

3,038,787<br />

6,521,397<br />

40,516,537<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

-<br />

REPORT ON INSURANCE AND PENSIONS 163

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!