| FORM NO NL-23 | Reinsurance Risk Concentration | |||||
|---|---|---|---|---|---|---|
| Insurer: | GIC RE | Date: | ||||
| GIC Marine & Energy Excess of Loss - 2010/11 | (` 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 | |||||
| 2 | No. of Reinsurers with rating AA but less than AAA | |||||
| 3 | No. of Reinsurers with rating of A but less than AA | |||||
| 4 | No. of Reinsurers with rating BBB but less than A | |||||
| 5 | No. of Reinsurers with rating of less than BBB | |||||
| 6 | Total | |||||
| Note: Some government owned reinsurers are not rated by a recognised rating agency & have been included in Sr. No. 4 above General insurance Corporation of India | ||||||
| PERIODIC DISCLOSURES | ||||||
| FORM NO NL-23 | Reinsurance Risk Concentration | |||||
| Insurer: | Date: | |||||
| GIC Aviation Excess of Loss 2010-11 | (` 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 | ||||
| 2 | No. of Reinsurers with rating AA but less than AAA | 4 | 1,308.44 | |||
| 3 | No. of Reinsurers with rating of A but less than AA | 20 | 6,154.78 | |||
| 4 | No. of Reinsurers with rating BBB but less than A | 7 | 1,304.66 | |||
| 5 | No. of Reinsurers with rating of less than BBB | 5 | 105.87 | |||
| 6 | Total | 36 | 8,873.75 | |||
| PERIODIC DISCLOSURES | ||||||
| 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 | |
| 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 | - | 11137.82 | - | 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 | 2300.55 | 15.06% | ||
| 7 | Total | 42 | - | 15273.08 | - | 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) | 25729.42 | ||||
| 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 | - | 19591.9 | - | 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 | |||||
| 6 | Total | 76 | - | 25729.42 | - | 100% |
| * GIC Re has strong and longstanding relationship with these companies | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | |||||
| Domestic Risk & Cat Xl Covers 2007-08 | (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 | 1 | - | 292.87 | 5.38% | |
| 3 | No. of Reinsurer's with rating of A but less than AA | 7 | - | 956.16 | 9.92 | 17.74% |
| 4 | No. of Reinsurers with rating BBB but less than A | 0 | - | - | ||
| 5 | No. of Reinsurer's of rating less than BBB* | 0 | - | - | ||
| 6 | Govt Companies | 0 | ||||
| 7 | Pools | 0 | ||||
| 8 | Other Domestic Cos | |||||
| 6 | Total | 8 | - | 1249.03 | 9.92 | 23% |
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | |||||
| Domestic Risk & Cat Xl Covers 2008-09 | (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 | 1 | - | 376.50 | 45.37 | 32.24% |
| 3 | No.of Reinsurer's with rating of A but less than AA | 7 | - | 195.63 | 14.95% | |
| 4 | No. of Reinsurers with rating BBB but less than A | 0 | - | - | - | |
| 5 | No. of Reinsurer's of rating less than BBB* | 0 | - | - | ||
| 6 | Govt Companies | 1 | 55.34 | 4.23% | ||
| 7 | Pools | 0 | ||||
| 8 | Other Domestic Cos | |||||
| 6 | Total | 9 | - | 627.47 | 45.37 | 51.42% |
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | |||||
| Domestic Risk & Cat Xl Covers 2009-10 | (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 | 1 | - | 59.56 | 8.77 | #VALUE! |
| 3 | No.of Reinsurer's with rating of A but less than AA | 10 | - | 712.60 | 3.57 | #VALUE! |
| 4 | No. of Reinsurers with rating BBB but less than A | 4 | - | 128.02 | - | #VALUE! |
| 5 | No. of Reinsurer's of rating less than BBB* | 0 | - | - | ||
| 6 | Govt Companies | 1 | 52.59 | #VALUE! | ||
| 7 | Pools | 0 | ||||
| 8 | Other Domestic Cos | 0 | ||||
| 9 | Total | 16 | - | 952.77 | 12.34 | #VALUE! |