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2006 - Central Bank of Trinidad and Tobago

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1.2.3.4.5.TABLESTABLE VIREVENUE ACCOUNT IN RESPECT OF GROUP PENSION INSURANCE - <strong>2006</strong>INCOMECOMPANIES FUNDS AT THEBEGINNINGOF THE YEARNETPREMIUMTOTALPREMIUMCOMMISSIONRECEIVEDNETINTERESTOther TOTALLOCAL$ $ $ $ $ $ $1.American Life <strong>and</strong> General Insurance Company(T&T) Ltd.204,118,44511,533,39611,533,39610,651,847226,303,6882. Colonial Life Insurance Company (<strong>Trinidad</strong>) Limited 6,702,607,490 3,120,456,979 3,120,456,97941,318,956 505,460,000 10,369,843,4253. Guardian Life <strong>of</strong> the Caribbean Ltd.89,468,2882,831,778 (2,805,073) 89,494,9934. Maritime Life (Caribbean) Ltd.46,825,2463,005,4603,005,4602,204,46252,035,1685. Tatil Life Assurance Ltd.19,915,025 2,801,742 2,801,74218,457,370 9,937,972 51,112,109TOTAL7,062,934,494 3,137,797,577 3,137,797,57775,464,413 512,592,899 10,788,789,383EXPENDITURECOMPANIES CLAIMS Surrender(includingSurrender<strong>of</strong>Bonuses)DEATH OTHERAnnuities TotalPolicyPaymentsOTHER EXPENSES Other TransferstoPr<strong>of</strong>itExpenses <strong>of</strong><strong>and</strong> LossCommissions ManagementFunds atthe end<strong>of</strong> theYearTOTALLOCAL$ $ $ $ $ $ $ $ $ $ $American Life <strong>and</strong> General Insurance Company (T&T)Ltd.4,819,4834,070,5338,890,01643,7613,231,691(5,808,698)219,946,918226,303,688Colonial Life Insurance Company (<strong>Trinidad</strong>) Ltd.54,439,800 62,221,342 1,791,746,636 304,546,050 2,212,953,828 104,922,753 110,694,0917,941,272,753 10,369,843,425Guardian Life <strong>of</strong> the Caribbean Ltd.761,299761,299952,890(258,516) 88,039,318 89,494,992Maritime Life (Caribbean) Ltd.1,046,4981,046,498234,59613,725 50,740,349 52,035,168Tatil Life Assurance Ltd.1,913,716 1,913,7161,209383,777537,142 26,435,257 21,841,008 51,112,109TOTAL55,201,099 63,267,840 1,796,566,119 310,530,299 2,225,565,357 - 104,967,723 115,497,045537,142 20,381,769 8,321,840,346 10,788,789,382----------------------------REPORT ON INSURANCE AND PENSIONS 175

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