| FORM NL-26 - CLAIMS INFORMATION - KG Table I | - | - | - | - | - | - | ||||
| Insurer : General Insurance Corporation of India | - | - | - | - | - | - | ||||
| Solvency for the quarter ended 30th June. 2011 | - | - | ||||||||
| Required solvency margin based on net premium and net incurred claims | - | - | (` in Lacs) | - | - | |||||
| Item No. | Description | PREMIUM | CLAIM | RSM-1 | RSM-2 | RSM | - | - | ||
| Gross Premium | Net Premium | Gross incurred claim | Net incurred Claim | - | ||||||
| - | - | |||||||||
| 1 | Fire | 3445 38.05 | 2858 56.40 | 3078 63.43 | 3025 30.13 | 571 71.28 | 907 59.04 | 907 59.04 | - | - |
| 2 | Marine Cargo | 437 08.91 | 412 17.77 | 302 84.33 | 303 15.14 | 82 43.55 | 90 94.54 | 90 94.54 | - | - |
| 3 | Marine Hull | 703 01.12 | 580 85.00 | 443 28.68 | 336 65.31 | 116 17.00 | 100 99.59 | 116 17.00 | - | - |
| 4 | Motor | 2440 58.90 | 2440 58.90 | 2259 82.24 | 2259 82.24 | 488 11.78 | 677 94.67 | 677 94.67 | - | - |
| 5 | Engineering | 813 70.55 | 718 09.35 | 357 36.84 | 303 83.95 | 143 61.87 | 91 15.19 | 143 61.87 | - | - |
| 6 | Aviation | 728 46.49 | 498 26.68 | 487 13.37 | 510 25.07 | 99 65.34 | 153 07.52 | 153 07.52 | - | - |
| 7 | Liabilities | - | - | - | - | - | - | - | - | - |
| 8 | Others | 3378 37.70 | 3316 94.95 | 1933 04.54 | 1922 21.05 | 663 38.99 | 576 66.32 | 663 38.99 | - | - |
| 9 | Health | - | - | - | - | - | - | - | - | - |
| 10 | Life | 34 52.35 | 34 36.25 | 9 57.84 | 9 54.97 | 6 87.25 | 2 86.49 | 6 87.25 | - | - |
| - | Total | 11981 14.08 | 10859 85.30 | 8871 71.28 | 8670 77.86 | 2171 97.06 | 2601 23.36 | 2759 60.88 | - | - |
| RSM1 premium has been calculated based on 12 month figure i.e. from 01.07.2010 to 30.06.2011 on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. | ||||||||||
| - | RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.11 to 30.06.11 has been multiplied by 4 for arriving at annual figure. | |||||||||
| - | - | - | - | - | - | - | - | - | - | |
| - | - | - | - | - | - | - | - | - | - | |
| Solvency for the quarter ended 30th June. 2010 | - | - | ||||||||
| Required solvency margin based on net premium and net incurred claims | - | - | (` in Lacs) | - | - | |||||
| Item No. | Description | PREMIUM | CLAIM | RSM-1 | RSM-2 | RSM | - | - | ||
| Gross Premium | Net Premium | Gross incurred claim | Net incurred Claim | - | - | |||||
| - | ||||||||||
| 1 | Fire | 3330 28.36 | 2753 84.53 | 1761 98.83 | 1649 67.42 | 550 76.91 | 494 90.23 | 550 76.91 | - | - |
| 2 | Marine Cargo | 344 46.33 | 309 97.25 | 309 27.95 | 268 57.06 | 61 99.45 | 80 57.12 | 80 57.12 | - | - |
| 3 | Marine Hull | 578 76.14 | 510 70.94 | 914 39.69 | 366 76.69 | 102 14.19 | 110 03.01 | 110 03.01 | - | - |
| 4 | Motor | 2031 61.15 | 2031 60.77 | 1906 80.92 | 1906 80.92 | 406 32.15 | 572 04.28 | 572 04.28 | - | - |
| 5 | Engineering | 760 75.37 | 643 14.47 | 365 83.20 | 302 31.17 | 128 62.89 | 90 69.35 | 128 62.89 | - | - |
| 6 | Aviation | 635 58.94 | 506 37.55 | 655 64.20 | 468 80.11 | 101 27.51 | 140 64.03 | 140 64.03 | - | - |
| 7 | Liabilities | - | 0 | 0 | - | - | - | - | - | - |
| 8 | Others | 2416 10.87 | 2340 25.97 | 1716 63.69 | 1715 04.91 | 468 05.19 | 514 51.47 | 514 51.47 | - | - |
| 9 | Health | - | - | - | - | - | - | - | - | - |
| 10 | Life | 13 25.46 | 13 25.46 | 4 17.60 | 4 17.60 | 2 65.09 | 1 25.28 | 2 65.09 | - | - |
| - | Total | 10110 82.62 | 9109 16.94 | 7634 76.07 | 6682 15.88 | 1821 83.39 | 2004 64.76 | 2099 84.80 | - | - |
| - | RSM1 premium has been calculated based on 12 month figure i.e. from 01.07.09 to 30.06.10 on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. | - | - | |||||||
| - | RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.10 to 30.06.10 has been multiplied by 4 for arriving at annual figure. | - | - | |||||||
| - | Note: | |||||||||
| - | 1. Claim and Premium is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous. | - | - | |||||||
| - | 2. Claim and Premium for Life Insurance has been separately disclosed under item 10 | |||||||||