Page 36 - NIB Annual Report 12-13 | 13-14

TURKS AND CAICOS ISLANDS NATIONAL INSURANCE BOARD
Statement of Changes in Reserves
Year ended March 31, 2013
with comparative figures for year ended March 31, 2012
March 31, 2011
Transfer from net income
March 31, 2012
Transfer from net income
March 31, 2013
See accompanying notes to financial statements.
T otal 27,311,498 160,727,278
US$
Long-term benefit branch
119,792,104
9,244,639 129,036,743
Short-term benefit branch
13,418,670
1,567,441 14,986,111
Employment injury benefit
205,006
212,913 417,919
3,932,717 4,350,636
Disablement and death benefit
US$
10,970,332 140,007,075
1,899,842 16,885,953
(2,521,166) 8,503,827 24,790,332 169,231,105
(3,643,798) 13,159,093 21,146,534 182,390,198
32 | The National Insurance Board of The Turks and Caicos Islands
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