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…reaches  $36.2BAt December 31, last,Cheap NFL Jerseys 2017, the Guyana and Trinidad Mutual Life Insurance Company had 11,Cheap Jerseys From China,029 policies in force to the value of $36.219 billion, which yielded annual premiums of $540.104 million.These figures show growth over the company’s position at the beginning of the financial year when there were 10,797 policies in force, for a value of $31.778 billion attracting premiums of $496.274 million.This information was revealed last Friday when GTM released its 2010 report during its annual general meeting at the Georgetown Club.At that meeting this insurance company, which has a history reaching back to 1925 and has branches and sub-offices throughout Guyana and the Eastern Caribbean, re-elected its entire board of directors led by Chairman, Harold B. Davis,Wholesale Jerseys, and approved emoluments for these nine persons at a total of $9.072 million.The company reported that at 2010 year-end there were 73 group life plans in force, insuring a total value of $7.107 billion,Nike Air Max 1 Ultra Flyknit Womens, and attracting premiums of $68.350 million.There were 1,Cheap Jerseys Paypal,572 health plans bringing in annual premiums of $358.181 million. The life assurance fund stood at $3.507 billion.Under ACCI Protect there were 777 policies insuring $1.874 billion attracting annual premiums of $5.997 billion. The life assurance fund was $3.507 billion.“The total claims paid and provided for during the year amounted to $339,353,094,” the company stated. “Death claims in respect of 59 policies totaled $78,241,130 net of reinsurance, endowments matured required $41,353,Cheap NFL Jerseys China,113, payments under annuity policies were $11,2230,846, disability benefits $517,318 and health insurance benefits$208,010,687.Since the inception of the company, the total net claims paid and provided for amounted to $3,059,502,542,Cheap Nike Shox,” according to the annual report.GTM stated that the ledger value of shares, debentures and other securities purchased last year amounted to $56.921 million while redemptions were $219.213 million.“Securities were revalued at market rate as at December 31, 2010 which resulted in a net increase of $221.228 million.”This insurance company’s chief source of revenue comes from premiums, representing 77.3  per cent of the total; investment income followed at $18.9 per cent; consideration for annuities was $3.0 per cent; and other income stood at 0.8 per cent.Some 47.5 per cent of that revenue went to policy holders benefits; management expenses stood at 31.3 per cent; 11.0 per cent went to commissions; 8.4 per cent was transferred to policy holder’s fund; and taxation took 1.8 per cent.