| FORM NL-4-PREMIUM SCHEDULE | |||||||
|---|---|---|---|---|---|---|---|
| GENERAL INSURANCE CORPORATION OF INDIA | |||||||
| FOR THE YEAR ENDED 31ST MARCH, 2005 TO 31ST MARCH 2010 | |||||||
| A | Particulars | 31st March 2010 | 31st March 2009 | 31st March 2008 | 31st March 2007 | 31sr March 2006 | 31st March 2005 |
| (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) | ||
| FIRE INSURANCE | |||||||
| Premium from Direct Business written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 32195 362 | 22932 615 | 23630 175 | 21860 364 | 16404 940 | 15955 126 | |
| Less:Premium on Reinsurance ceded | 5228 877 | 2570 277 | 5423 487 | 5001 787 | 4135 918 | 2878 823 | |
| Net Premium | 26966 485 | 20362 338 | 18206 688 | 16858 577 | 12269 022 | 13076 303 | |
| Adjustment for change in reserve for unexpired risks | -3355 633 | -1237 330 | -669 745 | -2317 379 | 465 380 | 333 556 | |
| Total Premium Earned (Net) | 23610 852 | 19125 008 | 17536 943 | 14541 198 | 12734 402 | 13409 859 | |
| B | MISCELLANEOUS INSURANCE | ||||||
| (1) | MOTOR | - | |||||
| Premium from Direct Business written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 19767 753 | 19577 377 | 28571 453 | 21865 115 | 12811 746 | 15098 422 | |
| Less:Premium on Reinsurance ceded | 38 | 900 | 26 628 | 57 227 | 38 342 | 0 | |
| Net Premium | 19767 715 | 19576 477 | 28544 825 | 21807 888 | 12773 404 | 15098 422 | |
| Adjustment for change in reserve for unexpired risks | -72 653 | 4469 262 | -3368 394 | -4517 242 | 1162 509 | -1131 271 | |
| Total Premium Earned (Net) | 19695 062 | 24045 739 | 25176 431 | 17290 646 | 13935 913 | 13967 151 | |
| (2) | AVIATION | - | |||||
| Premium from Direct Business written | 0 | 0 | 0 | 2 951 | 0 | 1 064 | |
| Add: Premium on Reinsurance accepted | 6197 760 | 6003 543 | 4432 617 | 4579 048 | 3900 904 | 3244 534 | |
| Less:Premium on Reinsurance ceded | 1531 916 | 1003 011 | 1216 927 | 1434 671 | 370 445 | 241 886 | |
| Net Premium | 4665 844 | 5000 532 | 3215 690 | 3147 328 | 3530 459 | 3003 712 | |
| Adjustment for change in reserve for unexpired risks | 147 260 | -964 162 | -66 906 | 191 565 | -263 373 | -565 328 | |
| Total Premium Earned (Net) | 4813 104 | 4036 370 | 3148 784 | 3338 893 | 3267 086 | 2438 384 | |
| - | |||||||
| (3) | ENGINEERING | - | |||||
| Premium from Direct Business written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 7502 384 | 6705 668 | 6961 018 | 5438 340 | 2957 657 | 3126 312 | |
| Less:Premium on Reinsurance ceded | 1254 167 | 1154 268 | 1261 294 | 1246 544 | 720 724 | 759 206 | |
| Net Premium | 6248 217 | 5551 400 | 5699 724 | 4191 796 | 2236 933 | 2367 106 | |
| Adjustment for change in reserve for unexpired risks | -325 613 | 42 093 | -760 172 | -993 186 | 79 336 | -153 489 | |
| Total Premium Earned (Net) | 5922 604 | 5593 493 | 4939 552 | 3198 610 | 2316 269 | 2213 617 | |
| (4) | OTHER MISCELLANEOUS | - | |||||
| Premium from Direct Business written | - | 0 | 0 | 0 | 0 | ||
| Add: Premium on Reinsurance accepted | 2 30 69 596.00 | 16925 451 | 61467 674 | 15057 130 | 9361 878 | 9790 010 | |
| Less:Premium on Reinsurance ceded | 7 21 453.00 | 560 613 | 3424 519 | 886 699 | 647 511 | 557 944 | |
| Net Premium | 2 23 48 143.00 | 16364 838 | 58043 155 | 14170 431 | 8714 367 | 9232 066 | |
| Adjustment for change in reserve for unexpired risks | - 29 49 894.00 | 2092 589 | -7401710 | -2728 032 | 258 850 | -492 951 | |
| Total Premium Earned (Net) | 1 93 98 249.00 | 18457 427 | 50641 445 | 11442 399 | 8973 217 | 8739 115 | |
| - | |||||||
| (5) | TOTAL MISCELLANEOUS | - | |||||
| Premium from Direct Business written | 0 | 0 | 0 | 2 951 | 0 | 1 064 | |
| Add: Premium on Reinsurance accepted | 56537 493 | 49212 039 | 61467 674 | 46939 633 | 29032 185 | 31259 279 | |
| Less:Premium on Reinsurance ceded | 3507 574 | 2718 792 | 3424 519 | 3625 142 | 1777 022 | 1559 036 | |
| Net Premium | 53029 919 | 46493 247 | 58043 155 | 43317 442 | 27255 163 | 29701 307 | |
| Adjustment for change in reserve for unexpired risks | -3200 900 | 5639 782 | -7401 710 | -8046 895 | 1237 322 | -2343 040 | |
| Total Premium Earned (Net) | 49829 019 | 52133 029 | 50641 445 | 35270 547 | 28492 485 | 27358 267 | |
| - | |||||||
| C | MARINE INSURANCE | ||||||
| (1) | MARINE CARGO | - | |||||
| Premium from Direct Business Written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 3449 031 | 3286 733 | 3383 111 | 2680 581 | 1762 073 | 2177 411 | |
| Less:Premium on Reinsurance ceded | 336 080 | 318 585 | 215 475 | 347 989 | 213 907 | 245 969 | |
| Net Premium | 3112 951 | 2968 148 | 3167 636 | 2332 592 | 1548 166 | 1931 442 | |
| Adjustment for change in reserve for unexpired risks | -91 330 | 174 102 | -835 022 | -784 426 | 383 276 | -147 214 | |
| Total Premium Earned (Net) | 3021 621 | 3142 250 | 2332 614 | 1548 166 | 1931 442 | 1784 228 | |
| (2) | MARINE HULL | - | |||||
| Premium from Direct Business Written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 5047 019 | 5062 550 | 4501 171 | 2541 558 | 1595 040 | 1810 006 | |
| Less:Premium on Reinsurance ceded | 527 891 | 980 365 | 980 595 | 858 130 | 332 039 | 393 033 | |
| Net Premium | 4519 128 | 4082 185 | 3520 576 | 1683 428 | 1263 001 | 1416 973 | |
| Adjustment for change in reserve for unexpired risks | -345 086 | -566 158 | -1837 038 | -420 427 | 153 973 | -239 525 | |
| Total Premium Earned (Net) | 4174 042 | 3516 027 | 1683 538 | 1263 001 | 1416 974 | 1177 448 | |
| (3) | TOTAL MARINE | - | |||||
| Premium from Direct Business Written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 8496 050 | 8349 283 | 7884 282 | 5222 139 | 3357 113 | 3987 417 | |
| Less:Premium on Reinsurance ceded | 863 971 | 1298 950 | 1196 070 | 1206 119 | 545 946 | 639 002 | |
| Net Premium | 7632 079 | 7050 333 | 6688 212 | 4016 020 | 2811 167 | 3348 415 | |
| Adjustment for change in reserve for unexpired risks | -436 416 | -392 056 | -2672 060 | -1204 853 | 537 249 | -386 739 | |
| Total Premium Earned (Net) | 7195 663 | 6658 277 | 4016 152 | 2811 167 | 3348 416 | 2961 676 | |
| D | LIFE INSURANCE | ||||||
| Premium from Direct Business written | 0 | 0 | 0 | 0 | 0 | 0 | |
| Add: Premium on Reinsurance accepted | 140 250 | 117 350 | 173 377 | 16 654 | 13 474 | 12 662 | |
| Less:Premium on Reinsurance ceded | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Premium | 140 250 | 117 350 | 173 377 | 16 654 | 13 474 | 12 662 | |
| Adjustment for change in reserve for unexpired risks | -11 450 | 28 014 | -78 361 | -1 590 | - 406 | -5 673 | |
| Total Premium Earned (Net) | 128 800 | 145 364 | 95 016 | 15 064 | 13 068 | 6 989 | |
| E | TOTAL ALL CLASSES | ||||||
| Premium from Direct Business Written | 0 | 0 | 0 | 2 951 | 0 | 1 064 | |
| Add: Premium on Reinsurance accepted | 97369 155 | 80611 287 | 93155 507 | 74038 790 | 48807 713 | 51214 484 | |
| Less:Premium on Reinsurance ceded | 9600 422 | 6588 019 | 10044 077 | 9833 049 | 6458 887 | 5076 861 | |
| Net Premium | 87768 733 | 74023 268 | 83111 430 | 64208 692 | 42348 826 | 46138 687 | |
| Adjustment for change in reserve for unexpired risks | -7004 399 | 4038 410 | -10821 877 | -11570 716 | 2239 544 | -2401 896 | |
| Total Premium Earned (Net) | 80764 334 | 78061 678 | 72289 553 | 52637 976 | 44588 370 | 43736 791 | |