Regulatory Alerts2017-08-25 | 23910Added · Updated
Central Bank of Trinidad and Tobago Circular on Reinsurance Arrangements 2015
The Central Bank of Trinidad and Tobago requires all life insurance companies to submit a summary of existing reinsurance arrangements, including facultative treaties, by February 2, 2015. The submission must include detailed treaty information, volume statistics, and confirmation letters from reinsurers regarding premium settlement and claim disputes. Additionally, insurers are reminded to submit particulars of any changes to reinsurance arrangements within thirty days in accordance with Section 23 of the Insurance Act Chap 84:01.
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