57 results:

2017 Chairman's Statement

Dear members  The good news to report for the 25th financial year of ITIC for 2016/17 is a strong combined surplus from both ITIC and its mutual reinsurer, TIMIA, of US$22.9m, largely due to an…

Finances

To view the information contained in the Financial Highlights pages of the Year Book please click here.

ITIC turns 25

To view the information contained in the "ITIC turns 25" pages of the Year Book please click here.

ITIC Facts and Figures at a Glance

2,200 MembersWorldwide insurance coverUS$ 52 million gross premiumUS$ 128 million free reservesUS$ 80 million continuity credits paid to Members over the last 18 years Annual premium from US$ 1,500 -…

ITIC facts and figures at a glance

2,600 Members Worldwide insurance cover US$ 52 million gross premium US$ 178 million free reserves US$ 122 million continuity credits paid to members since 1994 Annual premium from US$ 1,500 -…

2018 Chairman's statement

Dear members  I am pleased to report that the 26th financial year of ITIC has produced a strong surplus.  ITIC, combined with its mutual reinsurer TIMIA, returned US$18.2m for the year to…

Finances

To view the information contained in the Financial Highlights pages of the Year Book please click here.

Claims commentary

The number of indemnity claims reported during the 2017 policy year (1st June 2017 to 31st May 2018) is lower than in the previous year. This is the third consecutive reduction in the number of…

Business as usual after Brexit

In December 2017, a circular was sent to all members and brokers explaining that ITIC would need to make arrangements in order to continue to trade in Europe after Britain’s exit from the EU. ITIC…

Retirements

Julia Mavropoulos Many members and brokers will have come across Julia Mavropoulos during her 30 or so years working for TIM and ITIC. Julia was one of the first members of the TIM team when the…