Regulatory Alerts2024-07-22 | 29760Added · Updated
Regulatory Returns for Insurance Companies Registered in Trinidad and Tobago
The Central Bank of Trinidad and Tobago mandates that insurance companies submit Version 3.1 of their annual regulatory returns for general and long-term insurers, effective August 1, 2024. This update revises specific forms and instructions to align with IFRS 17, including clarifications on reinsurance contract treatment, policyholders' equity classification, and formulae. Insurers who previously submitted Version 3.0 for the financial year ended December 31, 2023, or intend to submit by July 31, 2024, are exempt from resubmitting under the new version.
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