Regulatory Alerts2017-08-25 | 29536Added · Updated
Central Bank of Trinidad and Tobago Request for Form B4 Schedules on Adequate Reserving
The Central Bank of Trinidad and Tobago requires all general insurance companies to submit completed Form B4 Schedules to demonstrate adequate reserving under Section 172 of the Insurance Act. Insurers must provide data for at least the last three financial year ends by September 14, 2012, with an exemption for those who previously submitted reviewed schedules for the 2010 financial year. The Inspector of Financial Institutions mandates this submission to ensure consistency in assessment and establish appropriate benchmarks for reserve calculations.
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