2025-07-25 | 36437

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Standardized Reporting of Unclaimed Monies Under Section 197(5) of The Insurance Act, 2018

The Central Bank of Trinidad and Tobago mandates that all insurers submit unclaimed monies under Section 197(5) of the Insurance Act, 2018, using a standardized reporting system effective immediately. Insurers must utilize the prescribed MS Excel format, submit documents via PGP-encrypted email to insurance_reports@central-bank.org.tt, and provide hard copies under the company’s cover letter. This directive applies to all insurers registered under the Insurance Act, 2018, and the Association of Trinidad and Tobago Insurance Companies.

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