2006 - Central Bank of Trinidad and Tobago
2006 - Central Bank of Trinidad and Tobago
2006 - Central Bank of Trinidad and Tobago
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
1234567891011121314151TABLESTABLE XXREVENUE ACCOUNT IN RESPECT OF MARINE AVIATION AND TRANSPORT INSURANCE - <strong>2006</strong>COMPANIESREVENUE EXPENDITURELOCALFUND AT THEBEGINNING OF YEARUnearnedPremiumReserve$Outst<strong>and</strong>ingClaimsReservePremiumsCommissionsReceivedNETInterestOtherTransferfromPr<strong>of</strong>it & LossAccountTOTALPayment<strong>of</strong> ClaimsIncludungLegal <strong>and</strong>MedicalExpensesCommissions OtherTOTALExpenses<strong>of</strong>ManagementTransfer toPr<strong>of</strong>it &LossAccountFUND AT END OF YEARReserve forUnearnedPremium$ $ $ $ $ $ $$ $ $ $ $ $ $Reserve forOUTSTANDINGCLAIMS$American Life <strong>and</strong> General Insurance Company(T&T) Ltd.<strong>Bank</strong>ers Insurance Company (T&T) Ltd.63550 13582070650720Colonial Fire & General Insurance Company Ltd.122,872 172,001 422,843 167,901 15,474901,091 3,541 72,513 108,245414,534 120,257 182,001 901,091Furness Anchorage General Insurance Ltd15,061132,0321,955149,04810,876 17,18726,272 94,713149,048GTM Fire Insurance Co. Ltd.35,160 10,124 99,579 6,292 2,725 16,709170,589 16,237 14,098 23,32122,655 63,528 30,750 170,589Gulf Insurance Ltd.18,665 679,856 (122,757) 67,808 (22,447)621,125 840 12,557 (74,185)584,642 (66,673) 163,944 621,125Guardian General Insurance Limited(120,118) 699,830 724,210 1,489,376 7,417 1,361 485,748 3,287,825 112,428 1,086,966 1,152,208(102,010) 1,038,233 3,287,825Maritime General Insurance Company Ltd.29,493 725,670 632,731 193,093 67,4001,648,387 57,496 246,736 251,162341,178 34,633 717,183 1,648,388N.E.M. (West Indies) Insurance Ltd.Royal Caribbean Insurance Ltd.Sagicor General Insurance Inc.762,608 149,903 1,992,143 18,800637,365 3,560,819 851,881 407,4801,079,665 921,890 299,903 3,560,819The Beacon Insurance Company Limited1,791,560 1,043,402 4,602,619 2,843,656 355,41310,636,650 1,160,142 1,139,824 3,161,809 336,225 1,345,839 3,118,333 374,478 10,636,650The New India Assurance Company (T&T) Ltd.3,167 11,222 8,648 7,38919,340 49,766 20,707 3,006 6,8994,201 14,953 49,766The Reinsurance Company <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Ltd 18,32739 178,215 1,571,4711,768,05273,000 453,4831,179,305 45,725 16,539 1,768,052<strong>Trinidad</strong> & <strong>Tobago</strong> Insurance Ltd.454,363 1,086,260 4,014,622 750,543 991,6767,297,464 272,160 104,472 485,5044,823,620 408,120 1,203,588 7,297,464TOTAL3,131,793 4,578,307 12,684,935 7,116,464 1,419,613 18,070 1,142,453 30,091,636 2,495,432 3,171,528 5,585,633 336,225 9,817,780 4,643,367 4,041,572 30,091,537CARIBBEANUnited Insurance Company Ltd.106,613 30,024 283,10719,011438,755 14,985 30,241 8,406 6,191 166,893 113,306 98,733 438,755TOTALGRAND TOTAL106,6133,238,40630,0244,608,331283,10712,968,0427,116,46419,0111,438,62418,0701,142,453438,75530,530,39114,9852,510,41730,2413,201,7698,4065,594,0396,191-342,416166,8939,984,673113,3064,756,67398,7334,140,305438,75530,530,292-----------------------------------------------------------------------------------------------------REPORT ON INSURANCE AND PENSIONS 191
Change language