Governance, Risk and Compliance – The Trinidad and Tobagonian Insurance Industry

Date: 2015-11

“• The insurance industry in Trinidad and Tobago is regulated by the CBTT.

• Insurers are allowed to carry on both life and general insurance business.

• The FDI regime of Trinidad and Tobago allows up to 100% foreign participation in domestic insurance companies.

• Placement of non-admitted insurance contracts is not allowed in the country.

• Various classes of compulsory insurances include motor third-party liability insurance and workmen’s compensation insurance.”

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