2020-01-01
The Financial Services Commission of Trinidad and Tobago has proposed amendments to its early warning ratios to enhance the monitoring of registered insurance companies. The changes include revising the Net Investment Income Ratio to recognize accrued investment income and expanding the capital denominator for multiple ratios to include investment and capital reserves. Additionally, the maximum standard for the Test of Receivables is reduced to 25%, and the reporting template is modified to align with the Minimum Capital Test requirements.