2017-08-24 | 29514

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Returns in Respect of Agents and Salesmen

The Central Bank of Trinidad and Tobago requires all insurance companies to submit returns detailing their registered agents and salespersons as of December 31, 2020. The submission must include particulars for individuals, partnerships, and companies categorized as agents or salespersons. Insurers must provide this information in both electronic and hard copy formats to the Inspector of Financial Institutions no later than January 15, 2021.

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December 22, 2020 CIRCULAR LETTER TO ALL INSURANCE COMPANIES & ATTIC REF: CB-OIFI-2609/2020 RETURNS IN RESPECT OF AGENTS AND SALESMEN The Central Bank of Trinidad and Tobago hereby draws your attention to the provisions of section 107(a) of the Insurance Act, Chapter 84:01 which requires every insurer to submit a return pertaining to its registered agents and salesmen. Consequently, please submit your return showing the names of all individuals, partnerships and companies duly authorized by your company as agents and salespersons in Trinidad and Tobago as at December 31, 2020. The returns should set out the particulars under each heading and sub-heading as follows: (a) Agents (i) Individuals (ii) Partnerships (iii) Companies (b) Salespersons You are requested to submit this information in both electronic worksheet format (MS Excel) and hard copy to the Inspector of Financial Institutions no later than January 15, 2021. Soft copies must be submitted electronically to fhardit-singh@central-bank.org.tt. Should you require any further clarification please contact Mr. Fareez Hardit Singh, Senior Examiner￾Intermediaries at 625-2601 ext. 2335. Your usual co-operation is anticipated. Yours sincerely Patrick Solomon INSPECTOR OF FINANCIAL INSTITUTIONS Cen t r al Ban k o f Tri n i d ad an d To bag o Eric Williams Plaza, Independence Square, Port-of-Spain, Trinidad, Trinidad and Tobago Postal Address: P.O. Box 1250 Telephone: (868) 621-CBTT (2288), 235-CBTT (2288); Fax: (868) 612-6396 E-Mail Address: info@central-bank.org.tt Website: www.central-bank.org.tt

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