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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INSURANCE COMPANIES FIGURE 5 Long-Term Insurance Business NEW BUSINESS WRITTEN 100% 80% 60% 40% 20% 0% 2003 2004 2005 2006 YEAR 2007 % of Sum Insured Other % of Sum Insured Regional % of Sum Insured Local Companies 16 REPORT ON INSURANCE AND PENSIONS

LONG-TERM INSURANCE BUSINESS FIGURE 6 Long-Term Insurance Business Policies discontinued/redeemed Thousands 50 45 40 35 30 2003 2004 YEAR 2005 2006 2007 Year 2003 No. of policies (thousands) 43 2004 47 2005 40 2006 37 2007 36 REPORT ON INSURANCE AND PENSIONS 17

LONG-TERM INSURANCE BUSINESS<br />

FIGURE 6<br />

L<strong>on</strong>g-Term <strong>Insurance</strong> Business<br />

Policies disc<strong>on</strong>tinued/redeemed<br />

Thous<strong>and</strong>s<br />

50<br />

45<br />

40<br />

35<br />

30<br />

2003<br />

2004<br />

YEAR<br />

2005<br />

2006<br />

<strong>2007</strong><br />

Year<br />

2003<br />

No. <strong>of</strong> policies (thous<strong>and</strong>s)<br />

43<br />

2004 47<br />

2005 40<br />

2006 37<br />

<strong>2007</strong> 36<br />

REPORT ON INSURANCE AND PENSIONS 17

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