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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GENERAL INSURANCE BUSINESSMARGIN OF SOLVENCY GENERAL INSURANCE BUSINESS - <strong>2006</strong> (continued)CompaniesMINIMUMSOLVENCYREQUIREMENT INACCORDANCEWITH SECTION 77OF THE INSURANCEACT 1980EXCESS (DEFICIT)ADMISSIBLEASSETS OVERLIABILITIESMARGIN OFSOLVENCY/INSOLVENCY+ OR (-)$ $ $LOCALThe Presidential InsuranceCompany Limited4,268,6927,134,5222,865,830The Reinsurance Company <strong>of</strong><strong>Trinidad</strong> & <strong>Tobago</strong> Limited5,020,476864,956(4,155,520)<strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> InsuranceLimited28,779,592156,592,535127,812,943TOTAL294,724,324937,058,695642,334,371REGIONALUnited Insurance Company Limited36,377,67188,168,84451,791,173TOTAL36,377,67188,168,84451,791,173GRAND TOTAL331,101,9951,025,227,539694,125,544+ Caribbean Insurance Company Limited is running <strong>of</strong>f its portfolio.* Nationwide Insurance (Casualty & General) Company Limited, the Mountain General Insurance CompanyLimited <strong>and</strong> the Western General Insurance Company Limited, have stopped writing new business.NR – Returns Not ReceivedREPORT ON INSURANCE AND PENSIONS 53
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