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 ...
INSURANCE COMPANIES SCHEDULE SHOWING CHANGE IN NET PREMIUM INCOME MOTOR INSURANCE BUSINESS (continued) Companies 2003 (000) $ 2004 (000) $ 2005 (000) $ 2006 (000) $ 2007 (000) $ LOCAL The Goodwill General Insurance Company Limited The Great Northern Insurance Company Limited NR 5,934 NR 6,379 NR 8,265 NR 9,778 IN COMPULSORY LIQUIDATION NR The New India Assurance Company (Trinidad and Tobago) Limited 8,272 10,556 13,726 21,078 29,050 The Presidential Insurance Company Limited 17,138 17,847 19,059 21,343 32,933 The Reinsurance Company of Trinidad and Tobago Limited 5,613 7,605 8,487 15,898 23,750 Trinidad and Tobago Insurance Limited 44,379 55,530 66,164 79,498 96,185 Grand Total 373,846 420,992 523,735 638,335 798,112 (See Figure 9) NR – Returns Not Received 38 REPORT ON INSURANCE AND PENSIONS
GENERAL INSURANCE BUSINESS FIGURE 9 Motor Insurance Business Net Premium Income MILLIONS 800 790 780 770 760 750 740 730 720 710 700 690 680 670 660 650 640 630 620 610 600 590 580 570 560 550 540 530 520 510 500 490 480 470 460 450 440 430 420 410 400 390 380 370 360 350 340 330 320 310 300 2003 2004 YEAR 2005 2006 2007 Year 2003 Net Premium ($M) 374 2004 421 2005 524 2006 638 2007 798 REPORT ON INSURANCE AND PENSIONS 39
- 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 10 and 11: 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 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
- Page 60 and 61: PENSION FUND PLANS 7.09 The followi
- Page 62 and 63: PENSION FUND PLANS Balance Sheets 7
- Page 64 and 65: PENSION FUND PLANS FIGURE 12 PENSIO
- Page 66 and 67: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 68 and 69: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 70 and 71: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 72 and 73: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 74 and 75: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 76 and 77: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 78 and 79: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 80 and 81: ACTUARIAL INVESTIGATIONS SUMMARIES
- Page 82 and 83: APPENDIX A Directors: Secretary: Au
- Page 84 and 85: APPENDIX A Directors: Secretary: Au
- Page 86 and 87: APPENDIX A CARIBBEAN INSURANCE COMP
- Page 88 and 89: APPENDIX A COLONIAL FIRE AND GENERA
INSURANCE COMPANIES<br />
SCHEDULE SHOWING CHANGE IN NET PREMIUM INCOME<br />
MOTOR INSURANCE BUSINESS (c<strong>on</strong>tinued)<br />
Companies<br />
2003<br />
(000)<br />
$<br />
2004<br />
(000)<br />
$<br />
2005<br />
(000)<br />
$<br />
2006<br />
(000)<br />
$<br />
<strong>2007</strong><br />
(000)<br />
$<br />
LOCAL<br />
The Goodwill General <strong>Insurance</strong><br />
Company Limited<br />
The Great Northern <strong>Insurance</strong><br />
Company Limited<br />
NR<br />
5,934<br />
NR<br />
6,379<br />
NR<br />
8,265<br />
NR<br />
9,778<br />
IN COMPULSORY<br />
LIQUIDATION<br />
NR<br />
The New India Assurance Company<br />
(<strong>Trinidad</strong> <strong>and</strong> Tobago) Limited<br />
8,272<br />
10,556<br />
13,726<br />
21,078<br />
29,050<br />
The Presidential <strong>Insurance</strong> Company<br />
Limited<br />
17,138<br />
17,847<br />
19,059<br />
21,343<br />
32,933<br />
The Reinsurance Company <strong>of</strong> <strong>Trinidad</strong><br />
<strong>and</strong> Tobago Limited<br />
5,613<br />
7,605<br />
8,487<br />
15,898<br />
23,750<br />
<strong>Trinidad</strong> <strong>and</strong> Tobago <strong>Insurance</strong><br />
Limited<br />
44,379<br />
55,530<br />
66,164<br />
79,498<br />
96,185<br />
Gr<strong>and</strong> Total<br />
373,846<br />
420,992<br />
523,735<br />
638,335<br />
798,112<br />
(See Figure 9)<br />
NR – Returns Not Received<br />
38<br />
REPORT ON INSURANCE AND PENSIONS
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