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Domestic

As a sole reinsurer in the domestic reinsurance market, GIC Re provides reinsurance to the direct general insurance companies in the Indian market. GIC Re receives statutory cession of 4% on each and every policy subject to certain limits. It leads many of domestic companies’ treaty programmes and facultative placements. GIC Re’s capacity for each class of business on Treaty and Facultative basis for domestic business is given in the following table

Class	Capacity
Property	INR 40,000 mln. any one risk i.e. INR 4000 cr any one risk on PML basis
Marine	Hull - USD 75 million any one vessel
	Cargo - USD 75 million any one policy/sending
	Energy - USD 75 million per risk
Engineering	INR 25,000 mln. Sum Insured i.e. INR 2500 cr Sum Insured on PML basis
Miscellaneous	INR 2500 million. Sum Insured
Liability	INR 5000 million per risk
Credit	INR 1350 million
Spares	INR 250 million..
Health	INR 2500 million.
Agriculture/Weather Insurance (Domestic)	INR 4,000 crores on Sum Insured/PML basis.
Motor & Workmen Compensation	INR 35 Crores (Facultative)
Motor & Workmen Compensation	INR 100 Crores (Treaty)

Capacity indicated above is per risk absolute maximum

Aviation

DOMESTIC
	HULL- MAV	Spares - MAV	LIABILITY- Occurence	HWR- MAV
AIRLINES	US$ 12.50 Mln	US$ 20.00 Mln	US$ 60.00 Mln
GENERAL AVIATION	US$ 15.00 Mln	US$ 15.00 Mln	US$ 75.00 Mln	US$ 15.00 Mln
TREATY- Proportional	US$ 7.50 Mln Any One Treaty
TREATY- NonProportional	US$ 07.50 Mln Any One Programme
Aerospace / Manufacturers			US$ 75.00 Mln
Aviation PA/LOL Covers (Per Pilot/Crew)	US$ 0.50 Mln

Life Re

Type	Capacity Offered
Proportional/Facultative	INR 60 crores per Life
Non-Proportional/Facultative	INR 135 crores

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