| FORM NL-6-COMMISSION SCHEDULE | |||||
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 31.03.2013 | |||||
| (` '000) | |||||
| PARTICULARS | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2012 | |
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2138 326 | 8405 506 | 1780 411 | 7433 866 | |
| Less: Commission on Re-insurance Ceded | 28 214 | 210 845 | 29 806 | 257 644 | |
| Net Commission | 2110 112 | 8194 661 | 1750 605 | 7176 222 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| B | MISCELLANEOUS INSURANCE | ||||
| (1) | MOTOR | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 3543 242 | 7935 522 | 467 605 | 3083 341 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 3543 242 | 7935 522 | 467 605 | 3083 341 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | AVIATION | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 5 531 | - 41 | |
| Add: Re-insurance Accepted | 247 656 | 647 994 | 162 469 | 1005 764 | |
| Less: Commission on Re-insurance Ceded | 69 318 | 64 046 | |||
| Net Commission | 247 656 | 578 676 | 168 000 | 941 677 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (3) | ENGINEERING | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 679 048 | 2094 982 | 414 507 | 1858 474 | |
| Less: Commission on Re-insurance Ceded | -11 253 | 10 349 | 31 300 | 33 986 | |
| Net Commission | 690 301 | 2084 633 | 383 207 | 1824 488 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (4) | W.C. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 32 232 | 73 223 | 13 616 | 58 724 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 32 232 | 73 223 | 13 616 | 58 724 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (5) | Liability | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | -28 957 | 216 804 | 34 767 | 296 704 | |
| Less: Commission on Re-insurance Ceded | 384 | 1 536 | 0 | 796 | |
| Net Commission | -29 341 | 215 268 | 34 767 | 295 908 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (6) | P.A. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 354 228 | 943 366 | 147 989 | 703 801 | |
| Less: Commission on Re-insurance Ceded | - 1 | 1 260 | 0 | 2 105 | |
| Net Commission | 354 229 | 942 106 | 147 989 | 701 696 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (7) | Health | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 1376 543 | 3287 546 | 299 336 | 1839 019 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 1376 543 | 3287 546 | 299 336 | 1839 019 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (8) | Oth. Misc. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 892 461 | 2871 127 | 160 053 | 1665 931 | |
| Less: Commission on Re-insurance Ceded | 469 | 459 | 336 | 337 | |
| Net Commission | 891 992 | 2870 668 | 159 717 | 1665 594 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (9) | FL/Cr | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 123 151 | 503 011 | 345 329 | 524 054 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 123 151 | 503 011 | 345 329 | 524 054 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MISCELLANEOUS | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 5 531 | - 41 | |
| Add: Re-insurance Accepted | 7219 604 | 18573 575 | 2045 671 | 11035 812 | |
| Less: Commission on Re-insurance Ceded | -10 401 | 82 922 | 31 636 | 101 270 | |
| Net Commission | 7230 005 | 18490 653 | 2019 566 | 10934 501 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| C | MARINE INSURANCE | ||||
| (1) | MARINE CARGO | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 282 794 | 1219 477 | 195 291 | 1069 659 | |
| Less: Commission on Re-insurance Ceded | 31 527 | 90 509 | - 247 | - 561 | |
| Net Commission | 251 267 | 1128 968 | 195 538 | 1070 220 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | MARINE HULL | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 373 621 | 1445 327 | 513 408 | 1606 543 | |
| Less: Commission on Re-insurance Ceded | 87 485 | 218 378 | 32 776 | 145 652 | |
| Net Commission | 286 136 | 1226 949 | 480 632 | 1460 891 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MARINE | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 656 415 | 2664 804 | 708 699 | 2676 202 | |
| Less: Commission on Re-insurance Ceded | 119 012 | 308 887 | 32 529 | 145 091 | |
| Net Commission | 537 403 | 2355 917 | 676 170 | 2531 111 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| D | LIFE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 6 451 | 16 378 | 6 673 | 24 484 | |
| Less: Commission on Re-insurance Ceded | - 1 | 107 | 0 | 0 | |
| Net Commission | 6 452 | 16 271 | 6 673 | 24 484 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| E | TOTAL ALL CLASSES | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 5 531 | - 41 | |
| Add: Re-insurance Accepted | 10020 796 | 29660 263 | 4541 454 | 21170 364 | |
| Less: Commission on Re-insurance Ceded | 136 824 | 602 761 | 93 971 | 504 005 | |
| Net Commission | 9883 972 | 29057 502 | 4453 014 | 20666 318 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||