| FORM NL-26 - CLAIMS INFORMATION - KG Table I | ||||||||
| Insurer : General Insurance Corporation of India | ||||||||
| Solvency for the period ended 30th June 2012 | ||||||||
| Required solvency margin based on net premium and net incurred claims | . | . | (Rs in Lacs) | |||||
| Item No. | Description | PREMIUM | CLAIM | RSM-1 | RSM-2 | RSM | ||
| Gross Premium | Net Premium | Gross incurred claim | Net incurred Claim | |||||
| 1 | Fire | 4249 59.58 | 3615 46.23 | 3466 37.34 | 3205 90.66 | 723 09.25 | 961 77.20 | 961 77.20 |
| 2 | Marine Cargo | 552 23.44 | 531 98.16 | 362 82.48 | 362 27.14 | 106 39.63 | 108 68.14 | 108 68.14 |
| 3 | Marine Hull | 740 47.75 | 613 34.63 | 926 97.18 | 791 81.33 | 122 66.93 | 237 54.40 | 237 54.40 |
| 4 | Motor | 3325 90.77 | 3325 90.77 | 4018 13.04 | 4018 13.04 | 665 18.15 | 1205 43.91 | 1205 43.91 |
| 5 | Engineering | 870 65.97 | 745 83.53 | 580 93.67 | 558 42.55 | 149 16.71 | 167 52.76 | 167 52.76 |
| 6 | Aviation | 544 29.81 | 460 37.27 | 486 97.80 | 402 10.51 | 97 97.37 | 131 48.41 | 131 48.41 |
| 7 | Liabilities | - | - | - | - | - | - | - |
| 8 | Others | 3962 91.43 | 3867 23.55 | 3057 05.12 | 2971 92.66 | 773 44.71 | 910 31.80 | 910 31.80 |
| 9 | Health | - | - | - | - | - | - | - |
| 10 | Life | 64 45.18 | 59 06.58 | 66 57.86 | 63 10.29 | 11 81.32 | 18 93.09 | 18 93.09 |
| Total | 14310 53.93 | 13219 20.72 | 12965 84.49 | 12373 68.18 | 2649 74.07 | 3741 69.71 | 3741 69.71 | |
| - | RSM1 premium has been calculated based on 12 month figure i.e. from 01.07.11 to 30.06.12 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 01.04.12 to 30.06.12 has been multiplied by 4 for arriving at annual figure. | |||||||
| Solvency for the period ended 30th June 2011 | ||||||||
| Required solvency margin based on net premium and net incurred claims | . | . | (Rs 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 14.07 | 10859 85.30 | 8871 71.27 | 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 01.07.10 to 30.06.11 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. | |||||||
| . | 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 | . | . | |||||