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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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