Articles

Covering Climate Risk in the Caribbean

Covering Climate Risk in the Caribbean

By Jeanette G. Awai Over the last 30 years, flood and tropical storm damage in the Caribbean has affected 1.5 million persons directly and caused over US$5 billion in damage. Extreme weather events in the region are increasing in frequency and intensity. Therefore, there is a growing need to explore options for managing and transferring risks associated with climate change. […]

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January 13th, 2024

The Insurance Outlook for T&T

The Insurance Outlook for T&T

By Sheldon Waithe Edison RaphaelManaging DirectorAgostini Insurance Brokers Ltd, and Cardea Benefits Ltd Increased use of technology and the enactment of new legislation are expected to significantly impact the insurance industry over the next five years.  What are the key trends shaping the future of T&T’s insurance industry?  The industry is being shaped mainly by information technology (IT). After the […]

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January 13th, 2024

Social Insurance

Social Insurance

INTERVIEW Niala Persad-PoliahExecutive Director, The National Insurance Board of Trinidad and Tobago (NIB) Entrusted with the task of protecting insured persons against economic difficulty due to loss of earnings emanating from work-related contingencies, the National Insurance Board of Trinidad & Tobago (NIBTT) is an entity of massive importance for the citizens of T&T. Specifically, 634,381 citizens, or as NIBTT sees […]

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May 24th, 2023

Evolving the Insurance Industry

Evolving the Insurance Industry

INTERVIEW Ravi TewariCEO, Guardian Group Shared Services Battered by the pandemic like most sectors, but with sufficient strength in depth to navigate its way through the lockdown aftermath and the continuing effects of the global economic downturn. That is the synopsis for the insurance sector as it turns towards 2023. An industry that was directly impacted by the illness, medical […]

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May 22nd, 2023

Adaptable, Flexible, Stronger Than Ever

Adaptable, Flexible, Stronger Than Ever

As a dynamic industry, we are continuously managing varying and evolving challenges and risks. INTERVIEW – ASSOCIATION OF TRINIDAD AND TOBAGO INSURANCE COMPANIES (ATTIC) Increasing motor vehicle fraud, soft insurance rates, low-interest rates and adjusting to a new Insurance Act are just some of the challenges facing local insurance companies. In addition, the blows dealt by the pandemic and related […]

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March 8th, 2022

Adaptable, Flexible, Stronger Than Ever

Adaptable, Flexible, Stronger Than Ever

As a dynamic industry, we are continuously managing varying and evolving challenges and risks. INTERVIEW – ASSOCIATION OF TRINIDAD AND TOBAGO INSURANCE COMPANIES (ATTIC) Increasing motor vehicle fraud, soft insurance rates, low-interest rates and adjusting to a new Insurance Act are just some of the challenges facing local insurance companies. In addition, the blows dealt by the pandemic and related […]

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December 14th, 2021

The global spread of COVID-19 has had a profound impact on business

The global spread of COVID-19 has had a profound impact on business

The changing realities on a daily and weekly basis have demanded quick, proactive responses to ensure the wellbeing of our workforce, the sustainability of our business and the ability to continue to provide our policyholders outstanding service. Human Resilience The Pan-American Life* team has demonstrated remarkable commitment to the organization and each other during these challenging times, which for months […]

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March 24th, 2021

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