| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 30.09.2012 | |||||
| A | FIRE INSURANCE | . | . | . | (Rs '000) |
| . | PARTICULARS | FOR THE QUARTER | SIX MONTH ENDING 30.09.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | SIX MONTH ENDING 30.09.2011 |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 11123 407 | 20681 916 | 9167 248 | 18237 534 |
| . | Less : Premium on reinsurance ceded | 2873 232 | 3799 013 | 1565 063 | 2673 983 |
| . | Net Premium | 8250 175 | 16882 903 | 7602 185 | 15563 551 |
| . | Adjustment for change in reserve for unexpired risks | 243 469 | 484 243 | -219 798 | -5 843 |
| . | Premium Earned (Net) | 8493 644 | 17367 146 | 7382 387 | 15557 708 |
| B | MISCELLANEOUS INSURANCE | . | . | . | . |
| (1) | MOTOR | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 9291 818 | 19290 133 | 7064 123 | 13516 635 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 9291 818 | 19290 133 | 7064 123 | 13516 635 |
| . | Adjustment for change in reserve for unexpired risks | -1050 228 | -2795 391 | -753 894 | -1531 817 |
| . | Premium Earned (Net) | 8241 590 | 16494 742 | 6310 229 | 11984 818 |
| (1) | AVIATION | . | . | . | . |
| . | Premium from direct business written | -2 552 | -2 552 | -2 552 | |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | ||
| . | Add: Premium on reinsurance accepted | 494 325 | 949 959 | 1720 241 | 2939 207 |
| . | Less : Premium on reinsurance ceded | 293 385 | 627 682 | 624 887 | 818 929 |
| . | Net Premium | 198 388 | 322 277 | 1092 802 | 2117 726 |
| . | Adjustment for change in reserve for unexpired risks | 498 578 | 1133 403 | 397 037 | 799 441 |
| . | Premium Earned (Net) | 696 966 | 1455 680 | 1489 839 | 2917 167 |
| (3) | ENGINEERING | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 1641 430 | 4100 155 | 1765 961 | 3599 903 |
| . | Less : Premium on reinsurance ceded | 79 729 | 353 991 | 237 153 | 435 238 |
| . | Net Premium | 1561 701 | 3746 164 | 1528 808 | 3164 665 |
| . | Adjustment for change in reserve for unexpired risks | 36 034 | -217 415 | -5 021 | -61 031 |
| . | Premium Earned (Net) | 1597 735 | 3528 749 | 1523 787 | 3103 634 |
| (4) | W.C. | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 108 511 | 170 898 | 86 590 | 206 922 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 108 511 | 170 898 | 86 590 | 206 922 |
| . | Adjustment for change in reserve for unexpired risks | -10 620 | 18 451 | -4 266 | -47 248 |
| . | Premium Earned (Net) | 97 891 | 189 349 | 82 324 | 159 674 |
| (5) | Liability | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 374 863 | 1053 791 | 415 995 | 1003 024 |
| . | Less : Premium on reinsurance ceded | 98 742 | 194 958 | 122 686 | 123 613 |
| . | Net Premium | 276 121 | 858 833 | 293 309 | 879 411 |
| . | Adjustment for change in reserve for unexpired risks | 8 360 | 16 596 | 185 057 | 40 194 |
| . | Premium Earned (Net) | 284 481 | 875 429 | 478 366 | 919 605 |
| (6) | PA | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 1283 069 | 2420 333 | 1514 538 | 2207 805 |
| . | Less : Premium on reinsurance ceded | 6 800 | 6 800 | 5 038 | 7 661 |
| . | Net Premium | 1276 269 | 2413 533 | 1509 500 | 2200 144 |
| . | Adjustment for change in reserve for unexpired risks | 117 093 | -106 152 | -145 616 | -294 003 |
| . | Premium Earned (Net) | 1393 362 | 2307 381 | 1363 884 | 1906 141 |
| (7) | Health | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 6879 288 | 9877 336 | 7551 980 | 8660 217 |
| . | Less : Premium on reinsurance ceded | -154 956 | 0 | -132 231 | 0 |
| . | Net Premium | 7034 244 | 9877 336 | 7684 211 | 8660 217 |
| . | Adjustment for change in reserve for unexpired risks | 419 356 | -514 054 | -1220 488 | -818 721 |
| . | Premium Earned (Net) | 7453 600 | 9363 282 | 6463 723 | 7841 496 |
| (8) | Oth. Misc. | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 4956 085 | 5764 279 | 3692 569 | 4671 818 |
| . | Less : Premium on reinsurance ceded | 158 869 | 158 869 | 289 393 | 289 393 |
| . | Net Premium | 4797 216 | 5605 410 | 3403 176 | 4382 425 |
| . | Adjustment for change in reserve for unexpired risks | -671 078 | -585 551 | 710 969 | 281 414 |
| . | Premium Earned (Net) | 4126 138 | 5019 859 | 4114 145 | 4663 839 |
| (9) | FL/Credit | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 526 655 | 1334 849 | 446 596 | 1425 845 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 526 655 | 1334 849 | 446 596 | 1425 845 |
| . | Adjustment for change in reserve for unexpired risks | -40 027 | 45 500 | 26 313 | -403 242 |
| . | Premium Earned (Net) | 486 628 | 1380 349 | 472 909 | 1022 603 |
| - | TOTAL MISCELLANEOUS | . | . | . | . |
| . | Premium from direct business written | -2 552 | 0 | -2 552 | -2 552 |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 25556 044 | 44961 733 | 24258 593 | 38231 376 |
| . | Less : Premium on reinsurance ceded | 482 569 | 1342 300 | 1146 926 | 1674 834 |
| . | Net Premium | 25070 923 | 43619 433 | 23109 115 | 36553 990 |
| . | Adjustment for change in reserve for unexpired risks | -692 532 | -3004 613 | -809 909 | -2035 013 |
| . | Premium Earned (Net) | 24378 391 | 40614 820 | 22299 206 | 34518 977 |
| C | MARINE INSURANCE | . | . | . | . |
| (1) | MARINE CARGO | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 1261 946 | 2660 952 | 1192 793 | 2294 317 |
| . | Less : Premium on reinsurance ceded | 123 533 | 173 765 | 95 300 | 138 099 |
| . | Net Premium | 1138 413 | 2487 187 | 1097 493 | 2156 218 |
| . | Adjustment for change in reserve for unexpired risks | 9 773 | -251 617 | -167 725 | -371 693 |
| . | Premium Earned (Net) | 1148 186 | 2235 570 | 929 768 | 1784 525 |
| (2) | MARINE HULL | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 2011 787 | 3663 186 | 1788 443 | 3777 860 |
| . | Less : Premium on reinsurance ceded | 494 348 | 777 287 | 262 339 | 411 401 |
| . | Net Premium | 1517 439 | 2885 899 | 1526 104 | 3366 459 |
| . | Adjustment for change in reserve for unexpired risks | 112 963 | 665 752 | -345 338 | -832 025 |
| . | Premium Earned (Net) | 1630 402 | 3551 651 | 1180 766 | 2534 434 |
| - | TOTAL MARINE | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 3273 733 | 6324 138 | 2981 236 | 6072 177 |
| . | Less : Premium on reinsurance ceded | 617 881 | 951 052 | 357 639 | 549 500 |
| . | Net Premium | 2655 852 | 5373 086 | 2623 597 | 5522 677 |
| . | Adjustment for change in reserve for unexpired risks | 122 736 | 414 135 | -513 063 | -1203 718 |
| . | Premium Earned (Net) | 2778 588 | 5787 221 | 2110 534 | 4318 959 |
| D | LIFE INSURANCE | . | . | . | . |
| . | Premium from direct business written | . | . | . | . |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 158 580 | 331 243 | 42 945 | 69 387 |
| . | Less : Premium on reinsurance ceded | 36 686 | 62 979 | 678 | 678 |
| . | Net Premium | 121 894 | 268 264 | 42 267 | 68 709 |
| . | Adjustment for change in reserve for unexpired risks | -39 813 | -99 777 | 19 132 | 19 060 |
| . | Premium Earned (Net) | 82 081 | 168 487 | 61 399 | 87 769 |
| E | TOTAL ALL CLASSES | . | . | . | . |
| . | Premium from direct business written | -2 552 | 0 | -2 552 | -2 552 |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 40111 764 | 72299 030 | 36450 022 | 62610 474 |
| . | Less : Premium on reinsurance ceded | 4010 368 | 6155 344 | 3070 306 | 4898 995 |
| . | Net Premium | 36098 844 | 66143 686 | 33377 164 | 57708 927 |
| . | Adjustment for change in reserve for unexpired risks | -366 140 | -2206 012 | -1523 638 | -3225 514 |
| . | Premium Earned (Net) | 35732 704 | 63937 674 | 31853 526 | 54483 413 |