TABLESTABLE II continuedREVENUE ACCOUNT IN RESPECT OF ORDINARY LIFE, PENSION AND ANNUITY INSURANCE - <strong>2006</strong>EXPENDITURECOMPANIES CLAIMS Surrender(includingSurrender<strong>of</strong>Bonuses)AnnuitiesPolicyPaymentsOther EXPENSES OTHERCommissionsSalaries <strong>and</strong>otherExpenses <strong>of</strong>ManagementFunds attheend <strong>of</strong> theYearTransferstoPr<strong>of</strong>it<strong>and</strong> LossDEATH MATURITIES OtherLOCAL $ $ $ $ $ $ $ $$ $$$TOTAL1.American Life <strong>and</strong> General Insurance Company(T&T) Ltd5,361,3132,714,99312,163,29023,644,14543,883,74111,139,80430,972,36815,989,061732,133,781(14,946,709)819,172,0442. Bancassurance Caribbean Limited1,387,340 495,517 2,597,568 3,218,996 125,239 7,824,660 (40,392) 1,572,759 141,655 72,278,347 4,270,246 86,047,2753. British-American Insurance Company (<strong>Trinidad</strong>) Ltd. 2,114,680 474,971 348,550 7,040,352 45,857,332 55,835,885 13,726,731 17,972,438530,811,001 7,354,544 625,700,5994. Caribbean Atlantic Life Insurance Co. (T&T) Ltd.61,000 83,115288,98459,817 492,91626170,9316,570,637 429,113 7,663,6235. Colonial Life Insurance Company (<strong>Trinidad</strong>) Ltd. 13,539,675 11,181,855 1,304,052 12,283,13238,308,714 15,036,077 47,548,054846,969,307947,862,1526. Cuna Caribbean Insurance Society Ltd.74,64797,569 426,003598,219 26,708 1,335,016 89,225 8,092,447 358,810 10,500,4257.Demerara Life Assurance Company <strong>of</strong> T&T Ltd.N O A C C O U N T S U B M I T T E D8. Guardian Life <strong>of</strong> the Caribbean Ltd.17,073,510 1,638,716 1,604,097 8,576,866 59,165,811 88,059,000 82,041,437 117,081,666643,600,264 (60,746,148) 870,036,2199. Maritime Life (Caribbean) Ltd.5,580,130 13,799,740 6,708,453 13,252,104 11,119,956 50,460,383 13,842,517 56,301,282 1,346,091 768,118,205 772,930 890,841,40810. Mega Insurance Company Ltd.2,923,874 3,091,116 164,162 10,206,45516,385,607 1,832,781 13,607,899 759,347 139,857,992 (9,558,425) 162,885,20111. Nationwide Insurance Company Ltd.634,220 208,98364,163 1,502,975 2,702,286 5,112,627 13,282 1,213,17642,959,172 3,623,386 52,921,64312. Scotialife <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Ltd.242,48219,912 5,820,0466,082,4406,528,493130,845,955 (3,290,186) 140,166,70213. Tatil Life Assurance Ltd.3,542,620 9,942,679 1,522,388 16,476,500 1,938,930 33,423,117 6,717,145 12,152,936 1,071,470 350,429,523 40,237,474 444,031,66514. The Reinsurance Co. <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Ltd.27,26027,260 13,96661,600531,096 66,671 700,59315The Western General Insurance Company Ltd.R E G I S T R A T I O N B E I N G C A N C E L L E D16 United Security Life Insurance Company Ltd.439,316 24,054404 24,208487,98253,53115,559,00316,100,516TOTAL53,002,067 43,655,740 26,594,607 102,760,766 120,969,371 346,982,551 144,350,082 306,572,149 19,396,849 4,288,756,730 (31,428,295) 5,074,630,0651.2.CARIBBEANLife <strong>of</strong> Barbados Ltd.Sagicor Life Inc.10,079,032 13,906,870 2,258,882 64,485,600 33,511,840124,242,224 22,808,431 36,763,4251,402,667,130 35,340,408 1,621,821,618TOTAL10,079,032 13,906,870 2,258,882 64,485,600 33,511,840 124,242,224 22,808,431 36,763,4251,402,667,130 35,340,408 1,621,821,618OTHER1.2.3.Lincoln Assurance Ltd.Cuna Mutual Insurance SocietySun Life Assurance Company <strong>of</strong> CanadaTOTAL16,80116,80162,62962,62979,43079,43072,37172,371465,317465,317(43,788)(43,788)573,330573,330GRAND TOTAL63,097,900 57,562,610 28,916,118 167,246,366 154,481,211 471,304,205 167,158,513 231,977,002 19,396,849 5,691,889,177 3,868,325 6,697,025,014------------------------------------------170REPORT ON INSURANCE AND PENSIONS
1.2.3.4.1.2.3.4.TABLESTABLE IIIREVENUE ACCOUNT IN RESPECT OF INDUSTRIAL LIFE INSURANCE - <strong>2006</strong>INCOMECOMPANIES FUNDS AT THEBEGINNINGOF THE YEARPREMIUMS CONSIDERATION FORANNUITIESTOTALPREMIUMSCOMMISSIONRECEIVEDNET Interest Other TransfersfromReservesTOTALLOCALOther OtherSINGLE SINGLE$ $ $ $ $ $ $ $$ $ $British-American Insurance Company (<strong>Trinidad</strong>) Ltd. 3,559,347246,371246,371429,454(211,013)4,024,159Colonial Life Insurance Company (<strong>Trinidad</strong>) Ltd.The Goodwill General Insurance Company Ltd.U N D E R I N T E R V E N T I O NThe Western General Insurance Company Ltd.R E G I S T R A T I O N B E I N G C A N C E L L E DTOTAL3,559,347.00246,371.00246,371.00429,454 (211,013.00)4,024,159EXPENDITURECOMPANIES CLAIMS Surrender(includingSurrender<strong>of</strong>Bonuses)DEATH MATURITIES OTHERBonusespaid inCashAnnuities TotalPolicyPaymentsOTHER EXPENSESCommissionsSalaries <strong>and</strong>otherExpenses <strong>of</strong>ManagementOtherFunds atthe end<strong>of</strong> theYearTransferstoPr<strong>of</strong>it<strong>and</strong> LossTOTALLOCALBritish-American Insurance Company (<strong>Trinidad</strong>) Ltd. 42,237 23,9552961,15067,638 207,808 48,6553,701,930 (1,872) 4,024,159Colonial Life Insurance Company (<strong>Trinidad</strong>) Ltd.The Goodwill General Insurance Company Ltd.U N D E R I N T E R V E N T I O NThe Western General Insurance Company Ltd.R E G I S T R A T I O N B E I N G C A N C E L L E DTOTAL42,237 23,9552961,15067,638 207,808 48,6553,701,930 (1,872) 4,024,159------------------------------------------REPORT ON INSURANCE AND PENSIONS 171