Regulatory Alerts2020-12-22 | 29668Added · Updated
Reinsurance Arrangements 2021: General Insurance
The Central Bank of Trinidad and Tobago requires all general insurance companies to submit a hard copy summary of reinsurance arrangements existing as of January 1, 2021, by February 1, 2021. The submission must include detailed treaty data, explanations for non-reinsured business, and confirmation letters from reinsurers verifying accuracy and payment status. Additionally, insurers must report any new or amended arrangements effective after January 1, 2021, within thirty days of the change.