Report on Insurance and Pensions 2007 - Central Bank of Trinidad ...
Report on Insurance and Pensions 2007 - Central Bank of Trinidad ...
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GENERAL INSURANCE BUSINESS<br />
4.21 Details <strong>of</strong> the percentage <strong>of</strong> Gross Premium retained in respect <strong>of</strong> other categories <strong>of</strong> general<br />
insurance business (excluding Motor <strong>and</strong> Property) are as follows:<br />
REINSURANCE - OTHER THAN MOTOR, PROPERTY AND LONG-TERM BUSINESS <strong>2007</strong><br />
Companies<br />
LOCAL<br />
GROSS<br />
NET NET RETENTION<br />
PREMIUMS PREMIUMS<br />
RATIO<br />
$ $ %<br />
American Life <strong>and</strong> General<br />
<strong>Insurance</strong> Company (<strong>Trinidad</strong>)<br />
Limited<br />
93,025,295<br />
65,373,784<br />
70.28<br />
<strong>Bank</strong>ers <strong>Insurance</strong> Company <strong>of</strong> T&T<br />
Limited<br />
9,709,505<br />
9,276,068<br />
95.54<br />
British-American <strong>Insurance</strong><br />
Company (T’dad) Ltd<br />
2,035,313<br />
1,612,325<br />
79.22<br />
Col<strong>on</strong>ial Fire & General <strong>Insurance</strong><br />
Co. Limited.<br />
77,396,243<br />
69,327,979<br />
89.58<br />
Furness Anchorage General<br />
<strong>Insurance</strong> Limited<br />
18,336,298<br />
5,788,614<br />
31.57<br />
G.T.M. Fire <strong>Insurance</strong> Company<br />
Limited<br />
5,202,030<br />
4,143,231<br />
79.65<br />
Guardian General <strong>Insurance</strong><br />
Limited<br />
93,916,643<br />
52,185,863<br />
55.57<br />
Guardian Life <strong>of</strong> the Caribbean<br />
Limited<br />
198,039,211<br />
186,863,110<br />
94.36<br />
Gulf <strong>Insurance</strong> Limited<br />
4,331,449<br />
2,590,952<br />
59.82<br />
Maritime General <strong>Insurance</strong><br />
Company Limited<br />
8,545,888<br />
3,825,391<br />
44.76<br />
The Beac<strong>on</strong> <strong>Insurance</strong> Company<br />
Limited<br />
64,856,754<br />
26,852,890<br />
41.40<br />
The New India Assurance Company<br />
(T&T) Limited<br />
1,853,484<br />
1,824,388<br />
98.43<br />
The Reinsurance Company <strong>of</strong><br />
<strong>Trinidad</strong> & Tobago<br />
37,562,899<br />
7,825,660<br />
20.83<br />
<strong>Trinidad</strong> <strong>and</strong> Tobago Export Credit<br />
<strong>Insurance</strong> Company Limited<br />
2,124,504<br />
2,124,504<br />
100.00<br />
REPORT ON INSURANCE AND PENSIONS 49
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