FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 30.09.2012
. . . . . (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 .
A FIRE INSURANCE . . . . .
  Claims paid . . . . .
  Direct claims . . . . .
  Add Claims Outstanding at the end of the year . . . . .
  Less Claims Outstanding at the beginning of the year . . . . .
  Gross Incurred Claims . . . . .
  Add   :Re-insurance accepted to direct claims 6436 132 13398 487 4569 999 8394 075 .
  Less :Re-insurance Ceded to claims paid 1426 932 1588 766 309 731 347 890 .
  Net Claims Paid 5009 200 11809 721 4260 268 8046 185 .
  Add : Claims Outstanding at the end of the year 3197 395 69024 618 6018 601 44128 587 .
  Less: Claims Outstanding at the beginning of the year  0 64612 978  0 34311 102 .
  Total Claims Incurred 8206 595 16221 361 10278 869 17863 670 .
Notes:           .
a)       Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the amount for outstanding claims. .
b)      Claims includes specific claims settlement cost but not expenses of management     .
c)       The surveyor fees, legal and other expenses shall also form part of claims cost.     .
d)       Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.   .
B MISCELLANEOUS INSURANCE . . . . .
(1) MOTOR         .
  Claims paid . . .   .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 3710 413 12182 169 5477 382 10189 243 .
  Less :Re-insurance Ceded to claims paid  0  0  0  0 .
  Net Claims Paid 3710 413 12182 169 5477 382 10189 243 .
  Add : Claims Outstanding at the end of the year 5524 832 55579 266 287 639 41476 756 .
  Less: Claims Outstanding at the beginning of the year  0 48480 865  0 40251 416 .
  Total Claims Incurred 9235 245 19280 570 5765 021 11414 583 .
(2) AVIATION . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims  0  83  217  217 .
  Add   :Re-insurance accepted to direct claims 878 228 1568 068 1369 632 1826 169 .
  Less :Re-insurance Ceded to claims paid 102 079 263 222 107 094 115 283 .
  Net Claims Paid 776 149 1304 929 1262 755 1711 103 .
  Add : Claims Outstanding at the end of the year -681 827 6378 195 -155 028 5988 972 .
  Less: Claims Outstanding at the beginning of the year  0 6971 868 -27 279 5305 468 .
  Total Claims Incurred 94 322 711 256 1135 006 2394 607 .
(3) ENGINEERING . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 774 378 1825 150 582 910 1019 483 .
  Less :Re-insurance Ceded to claims paid 2 556 58 834 1 547 - 964 .
  Net Claims Paid 771 822 1766 316 581 363 1020 447 .
  Add : Claims Outstanding at the end of the year 34 156 9506 856 338 732 7217 592 .
  Less: Claims Outstanding at the beginning of the year  0 9071 131  0 6620 777 .
  Total Claims Incurred 805 978 2202 041 920 095 1617 262 .
(4) WC . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 21 108 41 182 7 787 36 023 .
  Less :Re-insurance Ceded to claims paid  0  0  0  0 .
  Net Claims Paid 21 108 41 182 7 787 36 023 .
  Add : Claims Outstanding at the end of the year 1 109 224 111 -56 200 56 288 .
  Less: Claims Outstanding at the beginning of the year  0 210 407  0 100 366 .
  Total Claims Incurred 22 217 54 886 -48 413 -8 055 .
(5) Liability . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 63 634 292 671 188 498 216 497 .
  Less :Re-insurance Ceded to claims paid  665 391 543  0  0 .
  Net Claims Paid 62 969 -98 872 188 498 216 497 .
  Add : Claims Outstanding at the end of the year -86 473 992 298 91 252 648 459 .
  Less: Claims Outstanding at the beginning of the year  0 974 245  0 636 110 .
  Total Claims Incurred -23 504 -80 819 279 750 228 846 .
(6) PA . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 764 498 1340 197 772 205 1163 794 .
  Less :Re-insurance Ceded to claims paid  0  0  0  0 .
  Net Claims Paid 764 498 1340 197 772 205 1163 794 .
  Add : Claims Outstanding at the end of the year -141 098 611 459 -16 855 533 782 .
  Less: Claims Outstanding at the beginning of the year  0 514 464  0 651 469 .
  Total Claims Incurred 623 400 1437 192 755 350 1046 107 .
(7) Health . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 6574 390 10577 009 3736 707 6766 556 .
  Less :Re-insurance Ceded to claims paid  0  0  0  0 .
  Net Claims Paid 6574 390 10577 009 3736 707 6766 556 .
  Add : Claims Outstanding at the end of the year -3287 672 2196 924 14 964 1885 792 .
  Less: Claims Outstanding at the beginning of the year  0 6133 249  0 1968 987 .
  Total Claims Incurred 3286 718 6640 684 3751 671 6683 361 .
(8) Oth. Misc. . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 440 480 2860 670 584 442 1744 790 .
  Less :Re-insurance Ceded to claims paid 4 216 10 823  0 - 113 .
  Net Claims Paid 436 264 2849 847 584 442 1744 903 .
  Add : Claims Outstanding at the end of the year -122 396 12590 574 3323 488 9118 516 .
  Less: Claims Outstanding at the beginning of the year  0 12546 077  0 6537 537 .
  Total Claims Incurred 313 868 2894 344 3907 930 4325 882 .
(9) FL/Credit . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 128 790 337 638 -335 782 -55 834 .
  Less :Re-insurance Ceded to claims paid  0  0  0  0 .
  Net Claims Paid 128 790 337 638 -335 782 -55 834 .
  Add : Claims Outstanding at the end of the year 29 023 2498 628 -41 496 3139 038 .
  Less: Claims Outstanding at the beginning of the year  0 2583 139  0 2869 514 .
  Total Claims Incurred 157 813 253 127 -377 278 213 690 .
TOTAL  MISCELLANEOUS . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims  0  83  217  217 .
  Add   :Re-insurance accepted to direct claims 13355 919 31024 754 12383 781 22906 721 .
  Less :Re-insurance Ceded to claims paid 109 516 724 422 108 641 114 206 .
  Net Claims Paid 13246 403 30300 415 12275 357 22792 732 .
  Add : Claims Outstanding at the end of the year 1269 654 90578 311 3786 496 70065 195 .
  Less: Claims Outstanding at the beginning of the year  0 87485 445 -27 279 64941 644 .
  Total Claims Incurred 14516 057 33393 281 16089 132 27916 283 .
C MARINE INSURANCE . . . . .
(1) MARINE CARGO . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 1085 248 1855 266 629 923 1130 147 .
  Less :Re-insurance Ceded to claims paid  0 -1 653  0  0 .
  Net Claims Paid 1085 248 1856 919 629 923 1130 147 .
  Add : Claims Outstanding at the end of the year -143 335 4990 212 174 084 4438 333 .
  Less: Claims Outstanding at the beginning of the year  0 4999 539  0 4006 594 .
  Total Claims Incurred 941 913 1847 592 804 007 1561 886 .
(2) MARINE HULL . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 515 517 1867 935 852 902 1639 371 .
  Less :Re-insurance Ceded to claims paid 99 969 450 126 166 092 282 657 .
  Net Claims Paid 415 548 1417 809 686 810 1356 714 .
  Add : Claims Outstanding at the end of the year -1007 910 9430 261 435 405 5489 459 .
  Less: Claims Outstanding at the beginning of the year  0 9460 899  0 4881 945 .
  Total Claims Incurred -592 362 1387 171 1122 215 1964 228 .
TOTAL MARINE  . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 1600 765 3723 201 1482 825 2769 518 .
  Less :Re-insurance Ceded to claims paid 99 969 448 473 166 092 282 657 .
  Net Claims Paid 1500 796 3274 728 1316 733 2486 861 .
  Add : Claims Outstanding at the end of the year -1151 245 14420 473 609 489 9927 792 .
  Less: Claims Outstanding at the beginning of the year  0 14460 438  0 8888 539 .
  Total Claims Incurred 349 551 3234 763 1926 222 3526 114 .
D LIFE INSURANCE . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims . . .   .
  Add   :Re-insurance accepted to direct claims 92 882 173 508 39 529 89 275 .
  Less :Re-insurance Ceded to claims paid 7 199 7 199  0  0 .
  Net Claims Paid 85 683 166 309 39 529 89 275 .
  Add : Claims Outstanding at the end of the year 17 518 205 807 6 744 57 840 .
  Less: Claims Outstanding at the beginning of the year  0 111 158  0 158 475 .
  Total Claims Incurred 103 201 260 958 46 273 -11 360 .
E TOTAL ALL CLASSES . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims  0  83  217  217 .
  Add   :Re-insurance accepted to direct claims 21485 698 48319 950 18476 134 34159 589 .
  Less :Re-insurance Ceded to claims paid 1643 616 2768 860 584 464 744 753 .
  Net Claims Paid 19842 082 45551 173 17891 887 33415 053 .
  Add : Claims Outstanding at the end of the year 3333 322 174229 209 10421 330 124179 414 .
  Less: Claims Outstanding at the beginning of the year  0 166670 019 -27 279 108299 760 .
  Total Claims Incurred 23175 404 53110 363 28340 496 49294 707 .