| FORM NO NL-23: Reinsurance Risk Concentration |
| Insurer: |
GIC RE |
Date: |
- |
| GIC Marine & Energy Excess of Loss - 2010/11 |
(Rs in Lakhs) |
5445 |
| Reinsurance Risk Concentration |
- |
| - |
- |
| S. No. |
Reinsurance Placements |
No. of Reinsurers |
Premium ceded to reinsurers |
Premium ceded to reinsurers/Total reinsurance premium ceded(%) |
| - |
- |
- |
Proportional |
Non-Proportional |
Facultative |
| 1 |
No. of Reinsurers with rating of AAA and above |
0 |
- |
0 |
- |
- |
| 2 |
No. of Reinsurers with rating AA but less than AAA |
2 |
- |
1361 |
- |
25.00 |
| 3 |
No. of Reinsurers with rating of A but less than AA |
19 |
- |
2423 |
- |
44.50 |
| 4 |
No. of Reinsurers with rating BBB but less than A |
19 |
- |
1661 |
- |
30.51 |
| 5 |
No. of Reinsurers with rating of less than BBB |
0 |
- |
0 |
- |
- |
| 6 |
Total |
40 |
- |
5445 |
- |
100.00 |
| Note: Some government owned reinsurers are not rated by a recognised rating agency & have been included in Sr. No. 4 above |
| FORM NO NL-23: Reinsurance Risk Concentration |
| Insurer: |
- |
Date: |
- |
| GIC Aviation Excess of Loss 2010-11 |
(Rs in Lakhs) |
8873.75 |
| Reinsurance Risk Concentration |
- |
| S. No. |
Reinsurance Placements |
No. of Reinsurers |
Premium ceded to reinsurers |
Premium ceded to reinsurers/Total reinsurance premium ceded(%) |
| - |
- |
- |
Proportional |
Non-Proportional |
Facultative |
| 1 |
No. of Reinsurers with rating of AAA and above |
0 |
- |
- |
- |
0.00% |
| 2 |
No. of Reinsurers with rating AA but less than AAA |
4 |
- |
1,308.44 |
- |
14.75% |
| 3 |
No. of Reinsurers with rating of A but less than AA |
20 |
- |
6,154.78 |
- |
69.36% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
7 |
- |
1,304.66 |
- |
14.70% |
| 5 |
No. of Reinsurers with rating of less than BBB |
5 |
- |
105.87 |
- |
1.19% |
| 6 |
Total |
36 |
- |
8,873.75 |
- |
100.00% |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
02.09.2010 |
| USA CAT XL-06.07.2010 TO 05.07.2011 |
(Rs. In Lakhs) |
2106.67 |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
- |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
- |
- |
- |
- |
- |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
5 |
- |
2106.67 |
- |
100% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
- |
- |
- |
- |
- |
| 5 |
No. of Reinsurer's of rating less than BBB |
- |
- |
- |
- |
- |
| 6 |
Total |
5 |
- |
2106.67 |
- |
100% |
|
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
Note: 1 US$ = 46.8148 INR |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
US$ |
INR |
- |
- |
- |
- |
|
4,500,000 |
210,666,600 |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
- |
2106.67 |
- |
- |
- |
- |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
02.09.2010 |
| USA ILW PROGRAMME-01.07.2010 TO 30.06.2011 |
(Rs. In Lakhs) |
983.11 |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
- |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
- |
- |
- |
- |
- |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
5 |
- |
983.11 |
- |
100% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
- |
- |
- |
- |
- |
| 5 |
No. of Reinsurer's of rating less than BBB |
- |
- |
- |
- |
- |
| 6 |
Total |
5 |
- |
983.11 |
- |
100% |
|
Note: 1 US$ = 46.8148 INR |
- |
- |
- |
- |
- |
| - |
US$ |
INR |
- | - |
- |
- |
| - |
2,100,000 |
98,311,080 |
- |
- |
- |
- |
| PERIODIC DISCLOSURES |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
02.09.2010 |
| JAPAN CAT XL-19.7.2010 to 18.07.2011 |
(Rs. In Lakhs) |
468.14 |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
- |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
- |
- |
- |
- |
- |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
2 |
- |
468.14 |
- |
100% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
- |
- |
- |
- |
- |
| 5 |
No. of Reinsurer's of rating less than BBB |
- |
- |
- |
- |
- |
| 6 |
Total |
2 |
- |
468.14 |
- |
100% |
|
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
Note: 1 US$ = 46.8148 INR |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
US$ |
INR |
- |
- |
- |
- |
|
1,000,000 |
46,814,800 |
- |
- |
- |
- |
| PERIODIC DISCLOSURES |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
16.09.2010 |
| N-M Foreign Cat XL 2010-11 |
(Rs. In Lakhs) |
15273.08 |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
- |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
1 |
- |
111.04 |
- |
0.73% |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
18 |
- |
11,137.82 |
- |
72.92% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
8 |
- |
1,021.46 |
- |
6.69% |
| 5 |
No. of Reinsurer's of rating less than BBB |
5 |
- |
702.21 |
- |
4.60% |
| 6 |
Govt Companies |
10 |
- |
2,300.55 |
- |
15.06% |
| 7 |
Total |
42 |
- |
15,273.08 |
- |
100% |
| PERIODIC DISCLOSURES |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
16.09.2010 |
| Domestic Risk & Cat Xl Covers 2010-11 |
(Rs. In Lakhs) |
- |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
- |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
3 |
- |
626.69 |
- |
2.44% |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
39 |
- |
19,591.90 |
- |
76.15% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
22 |
- |
3,881.21 |
- |
15.08% |
| 5 |
No. of Reinsurer's of rating less than BBB* |
6 |
- |
667.95 |
- |
2.60% |
| 6 |
Govt Companies |
4 |
- |
541.84 |
- |
2.11% |
| 7 |
Pools |
2 |
- |
419.83 |
- |
1.63% |
| 8 |
Other Domestic Cos |
- |
- |
- |
- |
- |
| 9 |
Total |
76 |
- |
25,729.42 |
- |
100% |
| * GIC Re has strong and longstanding relationship with these companies |
|
|
|
| PERIODIC DISCLOSURES |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
16.09.2010 |
| Domestic Liability Risk XL Covers 2010-11 |
(Rs. In Lakhs) |
- |
| Reinsurance Risk Concentration |
- |
| S.No |
Reinsurance Placement |
No Of Reinsurers |
Premium Ceded to Reinsurers |
Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%) |
| - |
- |
Proportional |
Non-Proportional INR in Lakhs |
Facultative |
| 1 |
No. of Reinsurer's of rating of AAA and above |
0 |
- |
- |
- |
- |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
3 |
- |
377.89 |
0 |
31.00% |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
7 |
- |
658.26 |
0 |
54.00% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
4 |
- |
146.28 |
0 |
12.00% |
| 5 |
No. of Reinsurer's of rating less than BBB* |
0 |
- |
- |
- |
- |
| 6 |
Govt Companies |
1 |
- |
36.57 |
- |
3.00% |
| 7 |
Pools |
0 |
- |
- |
- |
- |
| 8 |
Other Domestic Cos |
0 |
- |
- |
0 |
0.00% |
| 9 |
Total |
15 |
- |
1,219.00 |
0 |
100% |
| PERIODIC DISCLOSURES |
| FORM NL-23: Reinsurance Risk Concentration |
| Insurer |
General Insurance Corporation Of India |
Date: |
16.09.2010 |
| Total |
(Rs. In Lakhs) |
- |
| 1 |
No. of Reinsurer's of rating of AAA and above |
0 |
- |
0.00 |
- |
0.00% |
| 2 |
No. of Reinsurer's with rating of AA but less than AAA |
13 |
- |
3,785.06 |
- |
6.30% |
| 3 |
No. of Reinsurer's with rating of A but less than AA |
115 |
- |
43,523.68 |
- |
72.42% |
| 4 |
No. of Reinsurers with rating BBB but less than A |
60 |
- |
8,014.61 |
- |
13.34% |
| 5 |
No. of Reinsurer's of rating less than BBB* |
16 |
- |
1,476.03 |
- |
2.46% |
| 6 |
Govt Companies |
15 |
- |
2,878.96 |
- |
4.79% |
| 7 |
Pools |
2 |
- |
419.83 |
- |
0.70% |
| 8 |
Other Domestic Cos |
0 |
- |
- |
- |
0.00% |
| 9 |
Total |
221 |
- |
60,098.17 |
- |
100% |