2006 - Central Bank of Trinidad and Tobago
2006 - Central Bank of Trinidad and Tobago
2006 - Central Bank of Trinidad and Tobago
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123456789101112131415161TABLESTABLE XIXREVENUE ACCOUNT IN RESPECT OF PERSONAL ACCIDENT INSURANCE - <strong>2006</strong>COMPANIESREVENUE EXPENDITURELOCALAmerican Life <strong>and</strong> General Insurance Company(T&T) Ltd.Brititsh-American Insurance Company (<strong>Trinidad</strong>) LtdCapital Insurance Ltd.Colonial Fire & General Insurance Company Ltd.Furness Anchorage General Insurance Ltd.GTM Fire Insurance Co. Ltd.Guardian General Insurance LimitedMaritime General Insurance Company Ltd.Mega Insurance Company Ltd.FUND AT THEBEGINNING OF YEARUnearnedPremiumReserve$15,396,178624127,8402,5299,100Outst<strong>and</strong>ingClaimsReservePremiumsTransferfromPr<strong>of</strong>it & LossAccount$ $ $ $ $ $ $$ $ $ $ $ $ $1,780,013 32,067,331 506,607(66,467)49,683,662 3,238,179 5,358,490 1,632,044 3,972,657 11,935,968 20,196,388 3,349,93617,474284,3958,2707,20113,799CommissionsReceived5,036130,497Interestdividends<strong>and</strong> rent16,1001521,470Other93377,427TOTAL624445,8098,27015,851232,293Payment<strong>of</strong> ClaimsIncludungLegal <strong>and</strong>MedicalExpenses11,292Commissions OtherReserve forTOTAL86,2928733,0744,867Expenses<strong>of</strong>Management112,6221,0486,146220,575Transfer toPr<strong>of</strong>it &LossAccount125,7606,3091,883FUND AT END OF YEARUnearnedPremium96,676404,7486,851Reserve forOUTSTANDINGCLAIMS13,16749,683,662445,8098,27015,851232,293Nationwide Insurance (Casualty & General) Co. Ltd.N O A C C O U N T S S U B M I T T T E DN.E.M. (West Indies) Insurance Ltd.Sagicor General Insurance Inc.24,04862,55586,60311,52945,691 29,38386,603The Beacon Insurance Company Ltd1,898,663 534,305 5,355,66512 103,8751,254,691 9,147,211 5,020,663 397,927 924,091 11,1782,153,260 640,092 9,147,211The New India Assurance Company (T&T) Ltd.223375 281121 1,0001506272231,000<strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Insurance Ltd.22,530 8,626 71,052 24,243 21,545147,9962,266 10,548106,939 21,0607,183 147,996The Western General Insurance Company Ltd.400400400400TOTAL17,481,735 2,340,818 37,870,643 666,676 143,142 (65,534) 1,332,239 59,769,719 8,270,134 5,865,468 2,907,701 3,983,835 12,222,551 22,508,628 4,010,778 59,769,095CARIBBEANUnited Insurance Company Ltd.8,251 653 19,5721,31929,7952,098583 430 17,548 8,229907 29,795TOTAL8,251 653 19,5721,31929,7952,098583 430 17,548 8,229907 29,795GRAND TOTAL17,489,986 2,341,471 37,890,215 666,676 144,461 (65,534) 1,332,239 59,799,514 8,270,134 5,867,566 2,908,284 3,984,265 12,240,099 22,516,857 4,011,685 59,798,890--------------------------------------------------------------------------------------------------------------------------------------------------REPORT ON INSURANCE AND PENSIONS 189
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