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

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APPENDIX A<br />

FURNESS ANCHORAGE GENERAL INSURANCE LIMITED<br />

INCORPORATED – 1979<br />

Directors: W. A. FERREIRA; J. G. FERREIRA; P. A. FERREIRA; J. MARTIN, R. OTWAY, V. PRAIM<br />

Secretary: P. A. FERREIRA<br />

Auditors: PricewaterhouseCoopers<br />

Countries other than <strong>Trinidad</strong> <strong>and</strong> Tobago in which the Company writes business: NIL.<br />

Summary <strong>of</strong> Balance Sheet in respect <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> Tobago<br />

Business as at 31st December, <strong>2007</strong><br />

assets $ $<br />

Investments:<br />

Fixed Deposits with Other Financial Instituti<strong>on</strong>s<br />

<strong>Trinidad</strong> <strong>and</strong> Tobago Government Securities<br />

Ordinary shares in T&T Companies<br />

B<strong>on</strong>ds <strong>and</strong> Debentures in T&T Companies<br />

Cash <strong>on</strong> Current Account <strong>and</strong> in h<strong>and</strong><br />

Outst<strong>and</strong>ing Premiums:<br />

Amounts due from Agents <strong>and</strong> sub-agents<br />

Amounts due from Brokers<br />

Amounts due from Policyholders<br />

Amounts due from other <strong>Insurance</strong> Companies<br />

Sundry Debtors<br />

Fixed Assets<br />

TOTAL ASSETS<br />

7,089,126<br />

1,371,289<br />

213,981<br />

3,464,553<br />

12,138,949<br />

6,333,315<br />

(3,078)<br />

1,841,697<br />

43,103<br />

82,014<br />

250,835<br />

76,462<br />

20,763,297<br />

liabilities $ $<br />

<strong>Insurance</strong> Funds:<br />

Unearned Premiums Reserve<br />

Unexpired Risk reserve<br />

Claims admitted or intimated but not paid<br />

Amount due to Reinsurers<br />

Other Liabilities<br />

4,634,929<br />

4,229,622<br />

405,307<br />

610,284<br />

4,219,064<br />

1,200,896<br />

NET LIABILITIES<br />

Paid-up Share Capital<br />

N<strong>on</strong>-Admissable Assets Adjustment<br />

Unrealised Revaluati<strong>on</strong> Reserves<br />

Retained Account<br />

Other<br />

TOTAL LIABILITIES<br />

10,665,173<br />

3,300,000<br />

(96,636)<br />

39,919<br />

4,671,023<br />

2,183,818<br />

20,763,297<br />

90<br />

REPORT ON INSURANCE AND PENSIONS

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