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Report on Insurance and Pensions 2007 - Central Bank of Trinidad ...

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INSURANCE COMPANIES<br />

5. ASSOCIATION OF UNDERWRITERS<br />

Registrati<strong>on</strong><br />

5.01 Lloyd’s Underwriters remained the <strong>on</strong>ly associati<strong>on</strong> <strong>of</strong> underwriters registered to transact<br />

insurance business in <strong>Trinidad</strong> <strong>and</strong> Tobago.<br />

Intermediaries<br />

5.02 The names <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> Tobago intermediaries through whom insurance or reinsurance<br />

was placed at Lloyd’s are listed hereunder:<br />

Charlett <strong>and</strong> Gatcliffe Limited<br />

<strong>Insurance</strong> Brokers West Indies Limited<br />

M & M <strong>Insurance</strong> Services Limited<br />

Miller <strong>Insurance</strong> Brokers Limited<br />

21st Century <strong>Insurance</strong> <strong>and</strong> Reinsurance Brokers Limited<br />

Volume <strong>of</strong> BusinesS<br />

5.03 <strong>Insurance</strong> business placed at Lloyd’s during the years <strong>2007</strong> <strong>and</strong> 2006 are detailed below:<br />

Premiums Received<br />

<strong>2007</strong> 2006<br />

Claims Paid<br />

<strong>2007</strong> 2006<br />

Direct <strong>Insurance</strong><br />

114,907,955<br />

104,019,247<br />

44,589,663<br />

7,592,050<br />

Reinsurance<br />

147,110,940<br />

140,996,606<br />

-<br />

-<br />

TOTAL<br />

262,018,895<br />

245,015,853<br />

44,589,663<br />

7,592,050<br />

54<br />

REPORT ON INSURANCE AND PENSIONS

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