FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 31.03.2011
- Particulars FOR THE PERIOD
31.03.2011
FOR THE PREVIOUS
PERIOD 31.03.2010
- - (Rs '000) (Rs '000)
A FIRE INSURANCE - -
- Claims paid - -
- Direct claims  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 16451 318 13925 745
- Less :Re-insurance Ceded to claims paid 1787 923 1681 719
- Net Claims Paid 14663 395 12244 026
- Add : Claims Outstanding at the end of the year 34311 102 26969 610
- Less: Claims Outstanding at the beginning of the year 26969 610 22849 850
- Total Claims Incurred 22004 887 16363 786
B MISCELLANEOUS INSURANCE - -
(1) MOTOR - -
- Claims paid - -
- Direct claims  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 19500 511 20499 411
- Less :Re-insurance Ceded to claims paid  0  123
- Net Claims Paid 19500 511 20499 288
- Add : Claims Outstanding at the end of the year 40251 415 31733 679
- Less: Claims Outstanding at the beginning of the year 31733 679 30597 952
- Total Claims Incurred 28018 247 21635 015
(2) AVIATION - -
- Claims paid - -
- Direct claims 8 705 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 4086 965 4151 914
- Less :Re-insurance Ceded to claims paid 371 679 670 131
- Net Claims Paid 3723 991 3570 048
- Add : Claims Outstanding at the end of the year 5305 467 5077 680
- Less: Claims Outstanding at the beginning of the year 5077 680 5760 611
- Total Claims Incurred 3951 778 2887 117
(3) ENGINEERING - -
- Claims paid - -
- Direct claims  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 3065 721 2747 241
- Less :Re-insurance Ceded to claims paid 185 236 289 892
- Net Claims Paid 2880 485 2457 349
- Add : Claims Outstanding at the end of the year 6620 777 6270 387
- Less: Claims Outstanding at the beginning of the year 6270 387 5647 953
- Total Claims Incurred 3230 875 3079 783
(4) WC - -
- Claims paid - -
- Direct claims  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 40 645 73 671
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 40 645 73 671
- Add : Claims Outstanding at the end of the year 100 365 50 961
- Less: Claims Outstanding at the beginning of the year 50 961 26 026
- Total Claims Incurred 90 049 98 606
(5) Liability - -
- Claims paid - -
- Direct claims  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 245 771 227 204
- Less :Re-insurance Ceded to claims paid  0  24
- Net Claims Paid 245 771 227 180
- Add : Claims Outstanding at the end of the year 636 110 847 295
- Less: Claims Outstanding at the beginning of the year 847 295 422 978
- Total Claims Incurred 34 586 651 497
(6) PA - -
- Claims paid - -
- Direct claims  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 1621 560 1171 237
- Less :Re-insurance Ceded to claims paid 1 819 15 930
- Net Claims Paid 1619 741 1155 307
- Add : Claims Outstanding at the end of the year 651 469 575 808
- Less: Claims Outstanding at the beginning of the year 575 808 364 462
- Total Claims Incurred 1695 402 1366 653
(7) Health - -
- Claims paid - -
- Direct claims  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 13468 800 7658 755
- Less :Re-insurance Ceded to claims paid  7  383
- Net Claims Paid 13468 793 7658 372
- Add : Claims Outstanding at the end of the year 1968 987 1858 525
- Less: Claims Outstanding at the beginning of the year 1858 525 508 025
- Total Claims Incurred 13579 255 9008 872
(8) Oth. Misc. - -
- Claims paid - -
- Direct claims  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 3915 383 6909 533
- Less :Re-insurance Ceded to claims paid 36 892 194 335
- Net Claims Paid 3878 491 6715 198
- Add : Claims Outstanding at the end of the year 6537 537 5314 695
- Less: Claims Outstanding at the beginning of the year 5314 695 5357 199
- Total Claims Incurred 5101 333 6672 694
(9) FL/Credit - -
- Claims paid - -
- Direct claims  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 1711 027 1088 732
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 1711 027 1088 732
- Add : Claims Outstanding at the end of the year 2869 514 1645 970
- Less: Claims Outstanding at the beginning of the year 1645 970 652 598
- Total Claims Incurred 2934 571 2082 104
- TOTAL  MISCELLANEOUS - -
- Claims paid - -
- Direct claims 8 705 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 47656 383 44527 698
- Less :Re-insurance Ceded to claims paid 595 633 1170 818
- Net Claims Paid 47069 455 43445 145
- Add : Claims Outstanding at the end of the year 64941 641 53375 000
- Less: Claims Outstanding at the beginning of the year 53375 000 49337 804
- Total Claims Incurred 58636 096 47482 341
C MARINE INSURANCE - -
(1) MARINE CARGO - -
- Claims paid - -
- Direct claims  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 2080 923 2159 333
- Less :Re-insurance Ceded to claims paid 123 189 48 001
- Net Claims Paid 1957 734 2111 332
- Add : Claims Outstanding at the end of the year 4006 594 2686 226
- Less: Claims Outstanding at the beginning of the year 2686 226 3014 794
- Total Claims Incurred 3278 102 1782 764
(2) MARINE HULL - -
- Claims paid - -
- Direct claims  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 4786 246 3664 243
- Less :Re-insurance Ceded to claims paid 1481 762 529 425
- Net Claims Paid 3304 484 3134 818
- Add : Claims Outstanding at the end of the year 4881 945 6026 679
- Less: Claims Outstanding at the beginning of the year 6026 679 6294 772
- Total Claims Incurred 2159 750 2866 725
- TOTAL MARINE  - -
- Claims paid - -
- Direct claims  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 6867 169 5823 576
- Less :Re-insurance Ceded to claims paid 1604 951 577 426
- Net Claims Paid 5262 218 5246 150
- Add : Claims Outstanding at the end of the year 8888 539 8712 905
- Less: Claims Outstanding at the beginning of the year 8712 905 9309 566
- Total Claims Incurred 5437 852 4649 489
D LIFE INSURANCE - -
- Claims paid - -
- Direct claims  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 105 393 40 799
- Less :Re-insurance Ceded to claims paid  862  0
- Net Claims Paid 104 531 40 799
- Add : Claims Outstanding at the end of the year 158 475 84 062
- Less: Claims Outstanding at the beginning of the year 84 062 56 600
- Total Claims Incurred 178 944 68 261
E TOTAL ALL CLASSES - -
- Claims paid - -
- Direct claims 8 705 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 71080 263 64317 818
- Less :Re-insurance Ceded to claims paid 3989 369 3429 963
- Net Claims Paid 67099 599 60976 120
- Add : Claims Outstanding at the end of the year 108299 757 89141 577
- Less: Claims Outstanding at the beginning of the year 89141 577 81553 820
- Total Claims Incurred 86257 779 68563 877