In global terms, T&T ranks as a small but well established market for insurance. According to figures from the Association of T&T Insurance Companies, general insurers wrote gross premiums of around $494.1m in 2013, while life and health insurers wrote gross premiums of about $524.3m. Over the previous five years, the general trends in profitability have been favourable. Life insurance...
Interviews & Viewpoints | Ravi Tewari, Group CEO, Guardian Holdings: Interview from The Report: Trinidad & Tobago 2015
What opportunities exist to boost development in industrial and specialty risk products?
Articles & Analysis | Trinidad and Tobago's insurers are focusing on building brands and efficiency from The Report: Trinidad & Tobago 2015
In global terms, Trinidad and Tobago ranks as a small, if well established, national market for insurance. General insurers wrote gross premiums of around TT$3.20bn ($494.1m) in 2013, while life and health insurers wrote gross premiums of about TT$3.4bn ($524.3m), according to figures published by the Association of T&T Insurance Companies (ATTIC), the industry trade...
Articles & Analysis | A green paper on minerals seeks to reorganise Trinidad and Tobago's mining sector from The Report: Trinidad & Tobago 2015
The small but relatively important mining and quarrying sector makes a significant contribution to the economy. In terms of estimated recoverable reserves the largest deposits are of sand and gravel, blue limestone, plastering sand, yellow limestone, clay, porcelanite and andesite (a form of volcanic rock). In 2013 reserves were estimated at 467.1m tonnes, distributed...
Articles & Analysis | Trinidad and Tobago holds notable benefits for industry, and manufacturers are increasingly looking abroad for expansion from The Report: Trinidad & Tobago 2015
Although an important part of the Trinidad and Tobago economy, the manufacturing sector’s performance has been disappointing in recent years. According to the T&T Manufacturers’ Association (TTMA), the value of manufacturing output declined at an average annual rate of 4.3% from 2010 to 2014.