LIFE INSURANCE
ESSENTIAL DATA - Company Profiles
|
Company |
Ordinary Life Gross |
Group Life Gross |
||
|
1999 $'000 |
1998 $'000 |
1999 $'000 |
1998 $'000 |
|
|
ALGICO |
41,016 |
47,452 |
8,770 |
8,137 |
|
BANCASSURANCE |
8,388 |
NA |
1,990 |
2,002 |
|
CLICO |
56,058 |
57,850 |
14,091 |
12,865 |
|
CUNA |
1,244 |
1,239 |
17,393 |
14,956 |
|
GUARDIAN |
64,232 |
55,581 |
3,094 |
3,193 |
|
LIFE OF BARBADOS |
12,978 |
12,830 |
0 |
0 |
|
MARITIME |
44,539 |
42,176 |
6,212 |
2,773 |
|
MEGA |
16,627 |
16,003 |
0 |
0 |
|
NATIONWIDE |
5,261 |
5,537 |
0 |
0 |
|
TATIL |
32,388 |
35,840 |
2,870 |
2,641 |
|
mutual |
58,797 |
48,155 |
13,165 |
12,631 |
|
industry total/average |
341,528 |
322,663 |
67,585 |
59,198 |
|
Company |
Ordinary Annuities & Group Pensions |
Deposits & Contributions |
||
|
1999 $'000 |
1998 $'000 |
1999 $'000 |
1998 $'000 |
|
|
ALGICO |
28,284 |
18,394 |
0 |
0 |
|
BANCASSURANCE |
484 |
NA |
0 |
0 |
|
CLICO |
575,892 |
320,662 |
8,547 |
6,800 |
|
CUNA |
0 |
0 |
0 |
0 |
|
GUARDIAN |
37,013 |
29,999 |
128,850 |
133,484 |
|
LIFE OF BARBADOS |
4,858 |
7,997 |
0 |
0 |
|
MARITIME |
27,634 |
24,647 |
0 |
0 |
|
MEGA |
4,916 |
NA |
0 |
0 |
|
NATIONWIDE |
2,588 |
2,756 |
0 |
0 |
|
TATIL |
21,210 |
27,720 |
9,602 |
8,837 |
|
mutual |
62,236 |
43,702 |
0 |
0 |
|
industry total/average |
765,115 |
475,877 |
146,999 |
149,121 |
LIFE INSURANCE
ESSENTIAL DATA - Company Profiles
|
Company |
Total Gross Premiums, Deposits & Contributions |
Safety |
||
|
1999 $'000 |
1998 $'000 |
1999 % |
1998 % |
|
|
ALGICO |
78,070 |
73,983 |
100 |
100 |
|
BANCASSURANCE |
10,862 |
2,002 |
96 |
NA |
|
CLICO |
654,588 |
398,177 |
138 |
128 |
|
CUNA |
18,637 |
16,195 |
38 |
39 |
|
GUARDIAN |
233,189 |
222,257 |
73 |
70 |
|
LIFE OF BARBADOS |
17,836 |
20,827 |
N/A |
N/A |
|
MARITIME |
78,385 |
69,596 |
83 |
84 |
|
MEGA |
21,543 |
16,003 |
73 |
NA |
|
NATIONWIDE |
7,849 |
8,293 |
87 |
99 |
|
TATIL |
66,070 |
66,201 |
63 |
64 |
|
mutual |
134,198 |
104,488 |
N/A |
N/A |
|
industry total/average |
1,321,227 |
998,022 |
98 |
94 |
|
Company |
Solvency |
Investment Yield |
||
|
1999 % |
1998 % |
1999 % |
1998 % |
|
|
ALGICO |
119 |
119 |
12 |
13 |
|
BANCASSURANCE |
116 |
NA |
7 |
NA |
|
CLICO |
91 |
103 |
8 |
13 |
|
CUNA |
169 |
179 |
9 |
9 |
|
GUARDIAN |
106 |
111 |
10 |
11 |
|
LIFE OF BARBADOS |
151 |
142 |
13 |
14 |
|
MARITIME |
135 |
135 |
10 |
10 |
|
MEGA |
169 |
NA |
6 |
NA |
|
NATIONWIDE |
147 |
117 |
-4 |
14 |
|
TATIL |
104 |
104 |
3 |
22 |
|
mutual |
106 |
104 |
12 |
14 |
|
industry total/average |
105 |
110 |
9 |
13 |
LIFE INSURANCE
ESSENTIAL DATA - Company Profiles
|
Company |
Expense |
Commission |
||
|
1999 % |
1998 % |
1999 % |
1998 % |
|
|
ALGICO |
26 |
30 |
26 |
10 |
|
BANCASSURANCE |
42 |
NA |
0 |
NA |
|
CLICO |
17 |
28 |
7 |
6 |
|
CUNA |
37 |
35 |
0 |
1 |
|
GUARDIAN |
27 |
31 |
26 |
28 |
|
LIFE OF BARBADOS |
69 |
52 |
16 |
19 |
|
MARITIME |
38 |
40 |
9 |
11 |
|
MEGA |
55 |
NA |
10 |
NA |
|
NATIONWIDE |
75 |
59 |
9 |
13 |
|
TATIL |
29 |
24 |
17 |
18 |
|
mutual |
17 |
17 |
8 |
12 |
|
industry total/average |
23 |
29 |
9 |
11 |
NA - Information not available
N/A - Not Applicable
General Insurance
Essential Data – Company Profiles
|
Gross Premiums |
Net Premiums |
|||
|
Company |
1999 |
1998 |
1999 |
1998 |
|
$000 |
$000 |
$000 |
$000 |
|
|
ALGICO (T&T) |
188,069 |
178,108 |
47,491 |
40,277 |
|
ANCHORAGE (T&T)* |
10,173 |
12,507 |
6,242 |
7,557 |
|
CAPTIAL (T&T)* |
24,351 |
20,657 |
23,669 |
20,086 |
|
CAPTIAL (TOTAL)* |
24,976 |
21,199 |
24,230 |
20,576 |
|
CHIC (T&T) |
84,637 |
100,074 |
41,947 |
54,869 |
|
CHIC (TOTAL) |
181,911 |
222,074 |
95,318 |
119,573 |
|
CITIZEN (T&T)* |
10,600 |
9,000 |
10,663 |
8,903 |
|
COLFIRE (T&T) |
81,969 |
85,456 |
48,359 |
42,543 |
|
COLFIRE (TOTAL) |
92,782 |
86,452 |
58,679 |
42,705 |
|
GTM (T&T) |
26,233 |
23,461 |
8,611 |
6,893 |
|
GULF (T&T) |
11,034 |
10,545 |
7,445 |
6,946 |
|
GULF (TOTAL) |
40,948 |
34,548 |
28,618 |
21,911 |
|
MARITIME (T&T) |
62,706 |
57,985 |
28,042 |
25,669 |
|
MOTOR & GENERAL (T&T)* |
6,110 |
6,147 |
5647 |
5,630 |
|
MOTOR & GENERAL (T&T)* |
18,375 |
17,066 |
15,952 |
15,913 |
|
NATIONWIDE (T&T) |
15,988 |
13,558 |
12,235 |
9,696 |
|
NEMWIL (T&T) |
85,319 |
86,691 |
50,404 |
52,367 |
|
NEMWIL (TOTAL) |
290,701 |
279,861 |
120,830 |
114,019 |
|
ROYAL (T&T) |
21,057 |
20,070 |
14,906 |
13,397 |
|
NEW INDIA (T&T) |
8,891 |
8,371 |
5,943 |
6,427 |
|
NEW INDIA (T&T) |
24,844 |
27,149 |
15,654 |
18,376 |
|
PRESIDENTIAL (T&T) |
13,989 |
13,099 |
13,403 |
12,528 |
|
TATIL (T&T) |
73,962 |
68,892 |
57,377 |
52,301 |
|
TATIL (TOTAL) |
73,962 |
68,892 |
57,377 |
52,301 |
|
INDUSTRY AVERAGE (T&T) |
42,652 |
42,037 |
23,395 |
22,264 |
|
INDUSTRY AVERAGE (TOTAL) |
64,548 |
63,825 |
34,656 |
32,662 |
|
* COMPANY NOT A MEMBER OF ATTIC |
||||
|
Underwriting Profit |
Shareholder Funds |
|||
|
Company |
1999 |
1998 |
1999 |
1998 |
|
$000 |
$000 |
$000 |
$000 |
|
|
ALGICO (T&T) |
9,419 |
5,406 |
123,459 |
100499 |
|
ANCHORAGE (T&T)* |
(50) |
(56) |
3993 |
3757 |
|
CAPTIAL (T&T)* |
4,629 |
3,486 |
46,647 |
45,454 |
|
CAPTIAL (TOTAL)* |
4,608 |
3,461 |
47,121 |
45,950 |
|
CHIC (T&T) |
2,902 |
(3,214) |
44,812 |
41,122 |
|
CHIC (TOTAL) |
5,526 |
4,535 |
101,493 |
85,982 |
|
CITIZEN (T&T)* |
114 |
29 |
2,825 |
2,625 |
|
COLFIRE (T&T) |
3,569 |
1,416 |
15,124 |
12,310 |
|
COLFIRE (TOTAL) |
4,229 |
1,130 |
17,480 |
14,006 |
|
GTM (T&T) |
2,101 |
(3,482) |
8,596 |
10,384 |
|
GULF (T&T) |
956 |
281 |
18,960 |
17,294 |
|
GULF (TOTAL) |
2,192 |
928 |
18,960 |
17,294 |
|
MARITIME (T&T) |
6,902 |
4,309 |
38,768 |
33,075 |
|
MOTOR & GENERAL (T&T)* |
(1,619) |
(3,517) |
12,763 |
14,254 |
|
MOTOR & GENERAL (T&T)* |
(616) |
(2,528) |
21,555 |
18,285 |
|
NATIONWIDE (T&T) |
(11,053) |
(2,861) |
(11,225) |
(830) |
|
NEMWIL (T&T) |
(4,081) |
(11,492) |
126,239 |
88,286 |
|
NEMWIL (TOTAL) |
(7,344) |
(7,832) |
126,110 |
115,649 |
|
ROYAL (T&T) |
1,701 |
(3,188) |
8,246 |
12,575 |
|
NEW INDIA (T&T) |
(124) |
(1,998) |
33,998 |
30,735 |
|
NEW INDIA (T&T) |
(933) |
3,890 |
9,117 |
5,751 |
|
PRESIDENTIAL (T&T) |
666 |
1,644 |
8,540 |
8,176 |
|
TATIL (T&T) |
11,783 |
14,931 |
94,220 |
51,296 |
|
TATIL (TOTAL) |
12,034 |
15,179 |
90,468 |
47,219 |
|
INDUSTRY AVERAGE (T&T) |
1,307 |
96 |
34,225 |
27,849 |
|
INDUSTRY AVERAGE (TOTAL) |
1,451 |
1,174 |
36,551 |
30,754 |
|
* COMPANY NOT A MEMBER OF ATTIC |
||||
|
Total Assets |
Saftey |
|||
|
Company |
1999 |
1998 |
1999 |
1998 |
|
$000 |
$000 |
% |
% |
|
|
ALGICO (T&T) |
175,956 |
150595 |
12.8 |
14.8 |
|
ANCHORAGE (T&T)* |
11,284 |
12,003 |
88 |
83.4 |
|
CAPTIAL (T&T)* |
100,446 |
98,541 |
35.6 |
42 |
|
CAPTIAL (TOTAL)* |
102,830 |
100,030 |
36.4 |
42.7 |
|
CHIC (T&T) |
147,343 |
143,739 |
72.7 |
74 |
|
CHIC (TOTAL) |
250,705 |
236,555 |
63.4 |
73.2 |
|
CITIZEN (T&T)* |
8,437 |
7,297 |
47.7 |
44.5 |
|
COLFIRE (T&T) |
47,84 |
42,880 |
45.8 |
40.5 |
|
COLFIRE (TOTAL) |
50,384 |
45,161 |
40.1 |
37.8 |
|
GTM (T&T) |
17,192 |
23,851 |
53.9 |
45.5 |
|
GULF (T&T) |
35403 |
33,788 |
24.4 |
31 |
|
GULF (TOTAL) |
52,584 |
45,847 |
57.9 |
63.3 |
|
MARITIME (T&T) |
82,994 |
71,729 |
64.6 |
66.7 |
|
MOTOR & GENERAL (T&T)* |
23,588 |
23,293 |
6.6 |
5.6 |
|
MOTOR & GENERAL (T&T)* |
52,563 |
47,792 |
79.6 |
89.8 |
|
NATIONWIDE (T&T) |
8,201 |
8,352 |
(114.8) |
(534) |
|
NEMWIL (T&T) |
242,444 |
249,980 |
29.6 |
48.2 |
|
NEMWIL (TOTAL) |
366,621 |
420,401 |
66 |
79 |
|
ROYAL (T&T) |
30,674 |
32,113 |
70.5 |
48.9 |
|
NEW INDIA (T&T) |
39,652 |
37,161 |
21.1 |
21.5 |
|
NEW INDIA (T&T) |
61,773 |
61,377 |
406.6 |
638.3 |
|
PRESIDENTIAL (T&T) |
25,195 |
24,600 |
81.6 |
84.6 |
|
TATIL (T&T) |
158,138 |
103,252 |
24.6 |
40.1 |
|
TATIL (TOTAL) |
163,490 |
109,162 |
26.1 |
44.6 |
|
INDUSTRY AVERAGE (T&T) |
69,221 |
63,268 |
35.9 |
41.1 |
|
INDUSTRY AVERAGE (TOTAL) |
87,936 |
83,572 |
55.2 |
63.8 |
|
* COMPANY NOT A MEMBER OF ATTIC |
||||
|
Reserve |
Retention |
|||
|
Company |
1999 |
1998 |
1999 |
1998 |
|
% |
% |
% |
% |
|
|
ALGICO (T&T) |
323.8 |
316.9 |
25.3 |
22.6 |
|
ANCHORAGE (T&T)* |
163.5 |
141.2 |
61.4 |
60.4 |
|
CAPTIAL (T&T)* |
343.3 |
403.7 |
97.2 |
97.2 |
|
CAPTIAL (TOTAL)* |
340.6 |
400.3 |
97 |
97.1 |
|
CHIC (T&T) |
233.2 |
171.8 |
49.6 |
54.8 |
|
CHIC (TOTAL) |
226.6 |
166.4 |
52.4 |
53.8 |
|
CITIZEN (T&T)* |
76.5 |
80.1 |
100.6 |
98.9 |
|
COLFIRE (T&T) |
69 |
63.1 |
59 |
49.8 |
|
COLFIRE (TOTAL) |
61.1 |
68.5 |
63.2 |
49.4 |
|
GTM (T&T) |
192.6 |
292.5 |
32.8 |
29.4 |
|
GULF (T&T) |
369.4 |
385 |
67.5 |
65.9 |
|
GULF (TOTAL) |
156.1 |
177.1 |
69.9 |
63.4 |
|
MARITIME (T&T) |
273 |
261.4 |
44.7 |
44.3 |
|
MOTOR & GENERAL (T&T)* |
294.2 |
318.7 |
92.4 |
91.6 |
|
MOTOR & GENERAL (T&T)* |
292.7 |
267.3 |
86.8 |
93.2 |
|
NATIONWIDE (T&T) |
32.3 |
65.5 |
76.5 |
71.5 |
|
NEMWIL (T&T) |
386.9 |
309.4 |
59.1 |
60.4 |
|
NEMWIL (TOTAL) |
253.2 |
263 |
41.6 |
40.7 |
|
ROYAL (T&T) |
155.7 |
197.5 |
70.8 |
66.8 |
|
NEW INDIA (T&T) |
758.3 |
637.9 |
66.8 |
76.8 |
|
NEW INDIA (T&T) |
359.7 |
287.7 |
63 |
67.7 |
|
PRESIDENTIAL (T&T) |
156.9 |
162.2 |
95.8 |
95.6 |
|
TATIL (T&T) |
248.6 |
180.6 |
77.6 |
75.9 |
|
TATIL (TOTAL) |
242.9 |
173.7 |
77.6 |
75.9 |
|
INDUSTRY AVERAGE (T&T) |
244 |
222.3 |
54.9 |
53 |
|
INDUSTRY AVERAGE (TOTAL) |
215.3 |
205.7 |
53.7 |
51.2 |
|
* COMPANY NOT A MEMBER OF ATTIC |
||||
|
Solvency |
Combined** |
|||
|
Company |
1999 |
1998 |
1999 |
1998 |
|
% |
% |
% |
% |
|
|
ALGICO (T&T) |
260 |
249.5 |
83.2 |
93.9 |
|
ANCHORAGE (T&T)* |
62.5 |
49.7 |
116.9 |
113.6 |
|
CAPTIAL (T&T)* |
197.1 |
226.3 |
97.9 |
102.6 |
|
CAPTIAL (TOTAL)* |
194.5 |
223.3 |
98.4 |
110.2 |
|
CHIC (T&T) |
106.8 |
74.9 |
100.4 |
120 |
|
CHIC (TOTAL) |
106.5 |
71.9 |
98.6 |
106.6 |
|
CITIZEN (T&T)* |
26.5 |
29.5 |
104.6 |
104.7 |
|
COLFIRE (T&T) |
31.3 |
28.9 |
97.8 |
100.2 |
|
COLFIRE (TOTAL) |
29.8 |
32.8 |
97.5 |
101.2 |
|
GTM (T&T) |
99.8 |
150.6 |
120.4 |
163.8 |
|
GULF (T&T) |
254.7 |
249 |
102.3 |
109.6 |
|
GULF (TOTAL) |
66.3 |
78.9 |
97.7 |
98 |
|
MARITIME (T&T) |
138.2 |
128.9 |
96 |
102.5 |
|
MOTOR & GENERAL (T&T)* |
226 |
253.2 |
159.7 |
165.5 |
|
MOTOR & GENERAL (T&T)* |
135.1 |
114.9 |
121.4 |
115.2 |
|
NATIONWIDE (T&T) |
(91.7) |
(8.6) |
187.1 |
130.4 |
|
NEMWIL (T&T) |
250.5 |
168.8 |
115.9 |
129.6 |
|
NEMWIL (TOTAL) |
104.4 |
101.4 |
113.9 |
114.9 |
|
ROYAL (T&T) |
55.3 |
93.9 |
119.2 |
125.7 |
|
NEW INDIA (T&T) |
572.1 |
478.2 |
102.2 |
126.9 |
|
NEW INDIA (T&T) |
58.2 |
31.3 |
104 |
85.5 |
|
PRESIDENTIAL (T&T) |
63.7 |
65.3 |
105.7 |
105.3 |
|
TATIL (T&T) |
164.2 |
98.1 |
97.9 |
87.5 |
|
TATIL (TOTAL) |
157.7 |
90.3 |
97.9 |
87.5 |
|
INDUSTRY AVERAGE (T&T) |
146.3 |
125.1 |
105.3 |
110.2 |
|
INDUSTRY AVERAGE (TOTAL) |
105.5 |
94.2 |
104.7 |
105.7 |
|
* COMPANY NOT A MEMBER OF ATTIC |
||||