Trinidad and Tobago

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

The Association of Trinidad and Tobago Insurance Companies
Web: www.attic.org.tt

 

Population, 2011-2015 (1)

 

Year Population
2011 1,227,505
2012 1,226,383
2013 1,225,225
2014 1,223,916
2015 1,222,363

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $27.1
2012 26.8
2013 27.1
2014 42.2
2015 44.3

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $782
Life premiums 365
Total premiums $1,146
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

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Leading Nonlife Insurance Companies, 2014

 

  Gross written premiums
Company TTD Mn USD Mn
Guardian General  1,443.8 225.3
Guardian life  485.1 75.7
Sagicor  393.2 61.4
TATIL  368.5 57.5
Beacon  309.4 48.3
COLFIRE  293.7 45.8
United  198.1 30.9
Maritime  179.2 28.0
Trinre  147.8 23.1
New India  130.1 20.3

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2014

 

  Gross written premiums
Company TTD Mn USD Mn
Sagicor Life   519.1 81.0
Guardian Life 442.4 69.0
ScotiaLife  384.5 60.0
PALIG  290.0 45.3
Maritime Life  194.2 30.3
CUNA Caribbean 161.8 25.2
TATIL Life  118.9 18.6
Beacon  83.6 13.0

Source: Axco Insurance Information Services.

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