| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 31.12.2012 | |||||
| A | FIRE INSURANCE | . | . | . | (Rs '000) |
| . | PARTICULARS | FOR THE QUARTER | NINE MONTH ENDING 31.12.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | NINE MONTH ENDING 31.12.2011 |
| . | 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 | 10224 842 | 30906 758 | 11250 554 | 29488 088 |
| . | Less : Premium on reinsurance ceded | 3628 871 | 7427 884 | 3201 510 | 5875 493 |
| . | Net Premium | 6595 971 | 23478 874 | 8049 044 | 23612 595 |
| . | Adjustment for change in reserve for unexpired risks | 908 957 | 1393 200 | -1753 069 | -1758 912 |
| . | Premium Earned (Net) | 7504 928 | 24872 074 | 6295 975 | 21853 683 |
| 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 | 8471 464 | 27761 597 | 8280 058 | 21796 693 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 8471 464 | 27761 597 | 8280 058 | 21796 693 |
| . | Adjustment for change in reserve for unexpired risks | -127 307 | -2922 698 | -1424 055 | -2955 872 |
| . | Premium Earned (Net) | 8344 157 | 24838 899 | 6856 003 | 18840 821 |
| (1) | AVIATION | . | . | . | . |
| . | Premium from direct business written | 0 | 2 552 | 0 | |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | ||
| . | Add: Premium on reinsurance accepted | 2143 236 | 3093 195 | 2396 297 | 5335 504 |
| . | Less : Premium on reinsurance ceded | 209 050 | 836 732 | 384 997 | 1203 926 |
| . | Net Premium | 1934 186 | 2256 463 | 2013 852 | 4131 578 |
| . | Adjustment for change in reserve for unexpired risks | -238 064 | 895 339 | -814 936 | -15 495 |
| . | Premium Earned (Net) | 1696 122 | 3151 802 | 1198 916 | 4116 083 |
| (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 | 1618 592 | 5718 747 | 2116 510 | 5716 413 |
| . | Less : Premium on reinsurance ceded | 488 647 | 842 638 | 492 166 | 927 404 |
| . | Net Premium | 1129 945 | 4876 109 | 1624 344 | 4789 009 |
| . | Adjustment for change in reserve for unexpired risks | 237 384 | 19 969 | -80 802 | -141 833 |
| . | Premium Earned (Net) | 1367 329 | 4896 078 | 1543 542 | 4647 176 |
| (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 | 126 591 | 297 489 | 51 278 | 258 200 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 126 591 | 297 489 | 51 278 | 258 200 |
| . | Adjustment for change in reserve for unexpired risks | -37 645 | -19 194 | 6 968 | -40 280 |
| . | Premium Earned (Net) | 88 946 | 278 295 | 58 246 | 217 920 |
| (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 | 523 190 | 1576 981 | 448 140 | 1451 164 |
| . | Less : Premium on reinsurance ceded | 70 870 | 265 828 | 1 888 | 125 501 |
| . | Net Premium | 452 320 | 1311 153 | 446 252 | 1325 663 |
| . | Adjustment for change in reserve for unexpired risks | -5 799 | 10 797 | -93 509 | -53 315 |
| . | Premium Earned (Net) | 446 521 | 1321 950 | 352 743 | 1272 348 |
| (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 | 1147 480 | 3567 813 | 823 657 | 3031 462 |
| . | Less : Premium on reinsurance ceded | 8 916 | 15 716 | 11 435 | 19 096 |
| . | Net Premium | 1138 564 | 3552 097 | 812 222 | 3012 366 |
| . | Adjustment for change in reserve for unexpired risks | -163 371 | -269 523 | -34 149 | -328 152 |
| . | Premium Earned (Net) | 975 193 | 3282 574 | 778 073 | 2684 214 |
| (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 | 9151 481 | 14915 760 | 6836 457 | 11508 275 |
| . | Less : Premium on reinsurance ceded | -158 869 | 0 | -289 393 | 0 |
| . | Net Premium | 9310 350 | 14915 760 | 7125 850 | 11508 275 |
| . | Adjustment for change in reserve for unexpired risks | -1034 947 | -1620 498 | -502 074 | -220 660 |
| . | Premium Earned (Net) | 8275 403 | 13295 262 | 6623 776 | 11287 615 |
| (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 | 7063 036 | 8397 885 | 6891 267 | 8317 112 |
| . | Less : Premium on reinsurance ceded | 473 054 | 473 054 | 686 817 | 686 817 |
| . | Net Premium | 6589 982 | 7924 831 | 6204 450 | 7630 295 |
| . | Adjustment for change in reserve for unexpired risks | -176 717 | -131 217 | -928 576 | -1331 818 |
| . | Premium Earned (Net) | 6413 265 | 7793 614 | 5275 874 | 6298 477 |
| (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 | 691 820 | 2026 669 | 469 503 | 1895 348 |
| . | Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 |
| . | Net Premium | 691 820 | 2026 669 | 469 503 | 1895 348 |
| . | Adjustment for change in reserve for unexpired risks | -111 171 | -65 671 | -59 616 | -462 858 |
| . | Premium Earned (Net) | 580 649 | 1960 998 | 409 887 | 1432 490 |
| - | TOTAL MISCELLANEOUS | . | . | . | . |
| . | Premium from direct business written | 0 | 0 | 2 552 | 0 |
| . | Service Tax | . | . | . | . |
| . | Adjustment for change in reserve for unexpired risks | . | . | . | . |
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 30936 890 | 67356 136 | 28313 167 | 59310 171 |
| . | Less : Premium on reinsurance ceded | 1091 668 | 2433 968 | 1287 910 | 2962 744 |
| . | Net Premium | 29845 222 | 64922 168 | 27027 809 | 56347 427 |
| . | Adjustment for change in reserve for unexpired risks | -1657 637 | -4102 696 | -3930 749 | -5550 283 |
| . | Premium Earned (Net) | 28187 585 | 60819 472 | 23097 060 | 50797 144 |
| 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 | 1303 779 | 3964 731 | 1584 086 | 3878 403 |
| . | Less : Premium on reinsurance ceded | 73 224 | 246 989 | 9 956 | 148 055 |
| . | Net Premium | 1230 555 | 3717 742 | 1574 130 | 3730 348 |
| . | Adjustment for change in reserve for unexpired risks | 319 430 | 67 813 | -607 639 | -979 332 |
| . | Premium Earned (Net) | 1549 985 | 3785 555 | 966 491 | 2751 016 |
| (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 | 1960 914 | 5624 100 | 1367 105 | 5144 965 |
| . | Less : Premium on reinsurance ceded | 436 690 | 1213 977 | 507 748 | 919 149 |
| . | Net Premium | 1524 224 | 4410 123 | 859 357 | 4225 816 |
| . | Adjustment for change in reserve for unexpired risks | -722 557 | -56 805 | 465 458 | -366 567 |
| . | Premium Earned (Net) | 801 667 | 4353 318 | 1324 815 | 3859 249 |
| - | 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 | 3264 693 | 9588 831 | 2951 191 | 9023 368 |
| . | Less : Premium on reinsurance ceded | 509 914 | 1460 966 | 517 704 | 1067 204 |
| . | Net Premium | 2754 779 | 8127 865 | 2433 487 | 7956 164 |
| . | Adjustment for change in reserve for unexpired risks | -403 127 | 11 008 | -142 181 | -1345 899 |
| . | Premium Earned (Net) | 2351 652 | 8138 873 | 2291 306 | 6610 265 |
| 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 | 245 988 | 577 231 | 279 639 | 349 026 |
| . | Less : Premium on reinsurance ceded | 56 245 | 119 224 | 5 209 | 5 887 |
| . | Net Premium | 189 743 | 458 007 | 274 430 | 343 139 |
| . | Adjustment for change in reserve for unexpired risks | 42 343 | -57 434 | -105 426 | -86 366 |
| . | Premium Earned (Net) | 232 086 | 400 573 | 169 004 | 256 773 |
| E | TOTAL ALL CLASSES | . | . | . | . |
| . | Premium from direct business written | 0 | 0 | 2 552 | 0 |
| . | Service Tax | ||||
| . | Adjustment for change in reserve for unexpired risks | ||||
| . | Gross Earned Premium | 0 | 0 | 0 | 0 |
| . | Add: Premium on reinsurance accepted | 44672 413 | 108428 956 | 42794 551 | 98170 653 |
| . | Less : Premium on reinsurance ceded | 5286 698 | 11442 042 | 5012 333 | 9911 328 |
| . | Net Premium | 39385 715 | 96986 914 | 37784 770 | 88259 325 |
| . | Adjustment for change in reserve for unexpired risks | -1109 464 | -2755 922 | -5931 425 | -8741 460 |
| . | Premium Earned (Net) | 38276 251 | 94230 992 | 31853 345 | 79517 865 |