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2006 - Central Bank of Trinidad and Tobago

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SUMMARY OF BALANCE SHEETS OF INCORPORATED COMPANIESTHE PRESIDENTIAL INSURANCE COMPANY LIMITEDINCORPORATED - 1970Directors: A. ALI; A. HALLIM; R. RAJCOOMAR; J. FRANKLYN; H.HOSPEDALES; N. ALISecretary: R. RAJCOOMARAuditors: KRISHNA SEEGOBIN AND COMPANYCountries other than <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> in which the Company writes business: NILSummary <strong>of</strong> Balance Sheet in respect <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong>business as at 31st October, <strong>2006</strong>assets $ $Investments:Fixed Deposits with <strong>Bank</strong>Fixed Deposits with Other Financial Institutions<strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Government SecuritiesSecurities guaranteed by the Gov’t <strong>of</strong> T&TOrdinary shares in T&T CompaniesCash on Current Account <strong>and</strong> in h<strong>and</strong>Other LoansAmounts due from PolicyholdersAmounts due from other Insurance CompaniesInterest, dividends <strong>and</strong> rents accruing but not dueSundry DebtorsFixed AssetsTOTAL ASSETS2,013,5691,982,704320,6856,829,97764,62411,211,5591,208,673514,2176,879,2176,520,204124,789164,90915,407,46542,031,033liabilities $ $Insurance FundsClaims admitted or intimated but not paidAmount due to Reinsurers<strong>Bank</strong> Loans <strong>and</strong> OverdraftsOther Liabilities8,385,4958,212,4201,893,9781,851,4917,138,741NET LIABILITIESPaid-up Share CapitalRetained AccountOtherTOTAL LIABILITIES27,482,12512,000,000185,0992,363,80742,031,033REPORT ON INSURANCE AND PENSIONS 111

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