FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA
CLAIMS INCURRED [NET]
- Particulars FOR THE QUARTER FOR THE PERIOD 31.03.2011 FOR THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS PERIOD 31.03.2010
- - (Rs '000) (Rs '000) (Rs '000) (Rs '000)
A FIRE INSURANCE - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 7582 698 16451 318 5186 861 13925 745
- Less :Re-insurance Ceded to claims paid 1257 166 1787 923 418 345 1681 719
- Net Claims Paid 6325 532 14663 395 4768 516 12244 026
- Add : Claims Outstanding at the end of the year 1268 627 34311 102 -295 402 26969 610
- Less: Claims Outstanding at the beginning of the year  0 26969 610  0 22849 850
- Total Claims Incurred 7594 159 22004 887 4473 114 16363 786
- - - - -
B MISCELLANEOUS INSURANCE - - - -
(1) MOTOR - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 6951 310 19500 511 6353 541 20499 411
- Less :Re-insurance Ceded to claims paid  0  0  123  123
- Net Claims Paid 6951 310 19500 511 6353 418 20499 288
- Add : Claims Outstanding at the end of the year 6275 339 40251 415 2146 836 31733 679
- Less: Claims Outstanding at the beginning of the year  1 31733 679  0 30597 952
- Total Claims Incurred 13226 648 28018 247 8500 254 21635 015
- - - - -
- - - - -
(2) AVIATION - - - -
- Claims paid - - - -
- Direct claims  876 8 705 85 277 88 265
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 944 395 4086 965 912 525 4151 914
- Less :Re-insurance Ceded to claims paid 133 373 371 679 44 644 670 131
- Net Claims Paid 811 898 3723 991 953 158 3570 048
- Add : Claims Outstanding at the end of the year -167 664 5305 467 -143 904 5077 680
- Less: Claims Outstanding at the beginning of the year  0 5077 680  0 5760 611
- Total Claims Incurred 644 234 3951 778 809 254 2887 117
- - - - -
- - - - -
(3) ENGINEERING - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 1382 345 3065 721 1021 336 2747 241
- Less :Re-insurance Ceded to claims paid 81 276 185 236 160 312 289 892
- Net Claims Paid 1301 069 2880 485 861 024 2457 349
- Add : Claims Outstanding at the end of the year -451 506 6620 777 146 937 6270 387
- Less: Claims Outstanding at the beginning of the year  0 6270 387  0 5647 953
- Total Claims Incurred 849 563 3230 875 1007 961 3079 783
- - - - -
- - - - -
(4) WC - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 5 849 40 645 23 790 73 671
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 5 849 40 645 23 790 73 671
- Add : Claims Outstanding at the end of the year 63 876 100 365 23 157 50 961
- Less: Claims Outstanding at the beginning of the year  0 50 961  0 26 026
- Total Claims Incurred 69 725 90 049 46 947 98 606
- - - - -
- - - - -
(5) Liability - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 79 298 245 771 87 542 227 204
- Less :Re-insurance Ceded to claims paid  0  0  24  24
- Net Claims Paid 79 298 245 771 87 518 227 180
- Add : Claims Outstanding at the end of the year -7 319 636 110 11 955 847 295
- Less: Claims Outstanding at the beginning of the year  0 847 295  0 422 978
- Total Claims Incurred 71 979 34 586 99 473 651 497
- - - - -
- - - - -
(6) PA - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 419 529 1621 560 526 192 1171 237
- Less :Re-insurance Ceded to claims paid 1 571 1 819 13 223 15 930
- Net Claims Paid 417 958 1619 741 512 969 1155 307
- Add : Claims Outstanding at the end of the year 69 863 651 469 129 545 575 808
- Less: Claims Outstanding at the beginning of the year  0 575 808  0 364 462
- Total Claims Incurred 487 821 1695 402 642 514 1366 653
- - - - -
- - - - -
(7) Health - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 3523 991 13468 800 2324 141 7658 755
- Less :Re-insurance Ceded to claims paid  0  7  35  383
- Net Claims Paid 3523 991 13468 793 2324 106 7658 372
- Add : Claims Outstanding at the end of the year 634 099 1968 987 1042 442 1858 525
- Less: Claims Outstanding at the beginning of the year  0 1858 525  0 508 025
- Total Claims Incurred 4158 090 13579 255 3366 548 9008 872
- - - - -
- - - - -
(8) Oth. Misc. - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 1976 931 3915 383 985 424 6909 533
- Less :Re-insurance Ceded to claims paid 9 557 36 892 -8 915 194 335
- Net Claims Paid 1967 374 3878 491 994 339 6715 198
- Add : Claims Outstanding at the end of the year 745 537 6537 537 -205 561 5314 695
- Less: Claims Outstanding at the beginning of the year  0 5314 695  0 5357 199
- Total Claims Incurred 2712 911 5101 333 788 778 6672 694
- - - - -
- - - - -
(9) FL/Credit - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 1086 281 1711 027 449 505 1088 732
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 1086 281 1711 027 449 505 1088 732
- Add : Claims Outstanding at the end of the year -136 792 2869 514 398 022 1645 970
- Less: Claims Outstanding at the beginning of the year  0 1645 970 - 1 652 598
- Total Claims Incurred 949 489 2934 571 847 528 2082 104
- - - - -
- - - - -
TOTAL  MISCELLANEOUS - - - -
- Claims paid - - - -
- Direct claims  876 8 705 85 277 88 265
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 16369 929 47656 383 12683 996 44527 698
- Less :Re-insurance Ceded to claims paid 225 777 595 633 209 446 1170 818
- Net Claims Paid 16145 028 47069 455 12559 827 43445 145
- Add : Claims Outstanding at the end of the year 7025 433 64941 641 3549 429 53375 000
- Less: Claims Outstanding at the beginning of the year  0 53375 000  0 49337 804
- Total Claims Incurred 23170 461 58636 096 16109 256 47482 341
C MARINE INSURANCE - - - -
(1) MARINE CARGO - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 818 738 2080 923 712 152 2159 333
- Less :Re-insurance Ceded to claims paid 5 529 123 189 24 562 48 001
- Net Claims Paid 813 209 1957 734 687 590 2111 332
- Add : Claims Outstanding at the end of the year 367 186 4006 594 -1060 413 2686 226
- Less: Claims Outstanding at the beginning of the year  0 2686 226  0 3014 794
- Total Claims Incurred 1180 395 3278 102 -372 823 1782 764
- - - - -
- - - - -
(2) MARINE HULL - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 1193 645 4786 246 1089 392 3664 243
- Less :Re-insurance Ceded to claims paid 156 280 1481 762 225 589 529 425
- Net Claims Paid 1037 365 3304 484 863 803 3134 818
- Add : Claims Outstanding at the end of the year -1882 475 4881 945 -363 793 6026 679
- Less: Claims Outstanding at the beginning of the year  0 6026 679  0 6294 772
- Total Claims Incurred -845 110 2159 750 500 010 2866 725
- - - - -
- - - - -
TOTAL MARINE  - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 2012 383 6867 169 1801 544 5823 576
- Less :Re-insurance Ceded to claims paid 161 809 1604 951 250 151 577 426
- Net Claims Paid 1850 574 5262 218 1551 393 5246 150
- Add : Claims Outstanding at the end of the year -1515 289 8888 539 -1424 206 8712 905
- Less: Claims Outstanding at the beginning of the year  0 8712 905  0 9309 566
- Total Claims Incurred 335 285 5437 852 127 187 4649 489
D LIFE INSURANCE - - - -
- Claims paid - - - -
- Direct claims  0  0  0  0
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 46 543 105 393 12 449 40 799
- Less :Re-insurance Ceded to claims paid  862  862  0  0
- Net Claims Paid 45 681 104 531 12 449 40 799
- Add : Claims Outstanding at the end of the year 65 599 158 475 2 435 84 062
- Less: Claims Outstanding at the beginning of the year  0 84 062  0 56 600
- Total Claims Incurred 111 280 178 944 14 884 68 261
- - - - -
- - - - -
E TOTAL ALL CLASSES - - - -
- Claims paid - - - -
- Direct claims  876 8 705 85 277 88 265
- Add Claims Outstanding at the end of the year - - - -
- Less Claims Outstanding at the beginning of the year - - - -
- Gross Incurred Claims - - - -
- Add---:Re-insurance accepted to direct claims 26011 553 71080 263 19684 850 64317 818
- Less :Re-insurance Ceded to claims paid 1645 614 3989 369 877 942 3429 963
- Net Claims Paid 24366 815 67099 599 18892 185 60976 120
- Add : Claims Outstanding at the end of the year 6844 370 108299 757 1832 256 89141 577
- Less: Claims Outstanding at the beginning of the year  0 89141 577  0 81553 820
- Total Claims Incurred 31211 185 86257 779 20724 441 68563 877