2020-12-03 | 24127

The Insurance (Caribbean Policy Premium Method) Regulations 2020

The Insurance Sector regulator issued these 2020 regulations to standardize premium calculations for cross-border Caribbean insurance policies. The rules mandate licensed insurers to apply a unified Caribbean Policy Premium Method when calculating, reporting, and adjusting policy premiums across designated jurisdictions. This framework ensures consistent risk assessment, reduces administrative discrepancies, and enhances market transparency for domestic carriers and international policyholders.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Insurance Sector The Insurance (Caribbean Policy Premium Method) Regulations, 2020 Share