| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 30.06.2013 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | FOR THE QUARTER | THREE MONTH ENDING 30.06.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | THREE MONTH ENDING 30.06.2012 | |
| 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 | 0 | 12803 418 | 0 | 9558 509 | |
| Less : Premium on reinsurance ceded | 0 | 1555 953 | 0 | 925 781 | |
| Net Premium | 0 | 11247 465 | 0 | 8632 728 | |
| Adjustment for change in reserve for unexpired risks | 0 | -559 030 | 0 | 240 774 | |
| Premium Earned (Net) | 0 | 10688 435 | 0 | 8873 502 | |
| 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 | 0 | 5430 311 | 0 | 9998 315 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 0 | 5430 311 | 0 | 9998 315 | |
| Adjustment for change in reserve for unexpired risks | 0 | 2255 932 | 0 | -1745 163 | |
| Premium Earned (Net) | 0 | 7686 243 | 0 | 8253 152 | |
| (2) | AVIATION | ||||
| Premium from direct business written | 0 | 0 | 0 | ||
| Service Tax | |||||
| Adjustment for change in reserve for unexpired risks | |||||
| Gross Earned Premium | 0 | 0 | 0 | ||
| Add: Premium on reinsurance accepted | 0 | 857 310 | 0 | 455 634 | |
| Less : Premium on reinsurance ceded | 0 | 44 800 | 0 | 334 297 | |
| Net Premium | 0 | 812 510 | 0 | 121 337 | |
| Adjustment for change in reserve for unexpired risks | 0 | -199 624 | 0 | 634 825 | |
| Premium Earned (Net) | 0 | 612 886 | 0 | 756 162 | |
| (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 | 0 | 2352 979 | 0 | 2458 725 | |
| Less : Premium on reinsurance ceded | 0 | 64 426 | 0 | 274 262 | |
| Net Premium | 0 | 2288 553 | 0 | 2184 463 | |
| Adjustment for change in reserve for unexpired risks | 0 | -87 455 | 0 | -253 449 | |
| Premium Earned (Net) | 0 | 2201 098 | 0 | 1931 014 | |
| (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 | 0 | 63 550 | 0 | 62 387 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 0 | 63 550 | 0 | 62 387 | |
| Adjustment for change in reserve for unexpired risks | 0 | - 653 | 0 | 29 071 | |
| Premium Earned (Net) | 0 | 62 897 | 0 | 91 458 | |
| (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 | 0 | 225 905 | 0 | 678 928 | |
| Less : Premium on reinsurance ceded | 0 | 60 836 | 0 | 96 216 | |
| Net Premium | 0 | 165 069 | 0 | 582 712 | |
| Adjustment for change in reserve for unexpired risks | 0 | 208 321 | 0 | 8 236 | |
| Premium Earned (Net) | 0 | 373 390 | 0 | 590 948 | |
| (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 | 0 | 989 548 | 0 | 1137 264 | |
| Less : Premium on reinsurance ceded | 0 | 2 604 | 0 | 0 | |
| Net Premium | 0 | 986 944 | 0 | 1137 264 | |
| Adjustment for change in reserve for unexpired risks | 0 | 76 750 | 0 | -223 245 | |
| Premium Earned (Net) | 0 | 1063 694 | 0 | 914 019 | |
| (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 | 0 | 2833 659 | 0 | 4413 051 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 0 | 2833 659 | 0 | 4413 051 | |
| Adjustment for change in reserve for unexpired risks | 0 | 772 208 | 0 | -328 408 | |
| Premium Earned (Net) | 0 | 3605 867 | 0 | 4084 643 | |
| (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 | 0 | 3462 419 | 0 | 2998 048 | |
| Less : Premium on reinsurance ceded | 0 | 8 041 | 0 | 154 956 | |
| Net Premium | 0 | 3454 378 | 0 | 2843 092 | |
| Adjustment for change in reserve for unexpired risks | 0 | -311 191 | 0 | -933 410 | |
| Premium Earned (Net) | 0 | 3143 187 | 0 | 1909 682 | |
| (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 | 0 | 787 250 | 0 | 808 194 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 0 | 787 250 | 0 | 808 194 | |
| Adjustment for change in reserve for unexpired risks | 0 | 10 464 | 0 | 85 527 | |
| Premium Earned (Net) | 0 | 797 714 | 0 | 893 721 | |
| TOTAL MISCELLANEOUS | |||||
| Premium from direct business written | 0 | 0 | 0 | 0 | |
| Service Tax | |||||
| Adjustment for change in reserve for unexpired risks | |||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |
| Add: Premium on reinsurance accepted | 0 | 17002 931 | 0 | 23010 546 | |
| Less : Premium on reinsurance ceded | 0 | 180 707 | 0 | 859 731 | |
| Net Premium | 0 | 16822 224 | 0 | 22150 815 | |
| Adjustment for change in reserve for unexpired risks | 0 | 2724 752 | 0 | -2726 016 | |
| Premium Earned (Net) | 0 | 19546 976 | 0 | 19424 799 | |
| 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 | 0 | 1292 923 | 0 | 1399 006 | |
| Less : Premium on reinsurance ceded | 0 | 64 543 | 0 | 50 232 | |
| Net Premium | 0 | 1228 380 | 0 | 1348 774 | |
| Adjustment for change in reserve for unexpired risks | 0 | 96 649 | 0 | -261 390 | |
| Premium Earned (Net) | 0 | 1325 029 | 0 | 1087 384 | |
| (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 | 0 | 2145 878 | 0 | 1651 399 | |
| Less : Premium on reinsurance ceded | 0 | 132 714 | 0 | 282 939 | |
| Net Premium | 0 | 2013 164 | 0 | 1368 460 | |
| Adjustment for change in reserve for unexpired risks | 0 | -702 258 | 0 | 552 789 | |
| Premium Earned (Net) | 0 | 1310 906 | 0 | 1921 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 | 0 | 3438 801 | 0 | 3050 405 | |
| Less : Premium on reinsurance ceded | 0 | 197 257 | 0 | 333 171 | |
| Net Premium | 0 | 3241 544 | 0 | 2717 234 | |
| Adjustment for change in reserve for unexpired risks | 0 | -605 609 | 0 | 291 399 | |
| Premium Earned (Net) | 0 | 2635 935 | 0 | 3008 633 | |
| 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 | 0 | 297 547 | 0 | 172 663 | |
| Less : Premium on reinsurance ceded | 0 | 51 391 | 0 | 26 293 | |
| Net Premium | 0 | 246 156 | 0 | 146 370 | |
| Adjustment for change in reserve for unexpired risks | 0 | -87 352 | 0 | -59 964 | |
| Premium Earned (Net) | 0 | 158 804 | 0 | 86 406 | |
| E | TOTAL ALL CLASSES | ||||
| Premium from direct business written | 0 | 0 | 0 | 0 | |
| Service Tax | |||||
| Adjustment for change in reserve for unexpired risks | |||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |
| Add: Premium on reinsurance accepted | 0 | 33542 697 | 0 | 35792 123 | |
| Less : Premium on reinsurance ceded | 0 | 1985 308 | 0 | 2144 976 | |
| Net Premium | 0 | 31557 389 | 0 | 33647 147 | |
| Adjustment for change in reserve for unexpired risks | 0 | 1472 761 | 0 | -2253 807 | |
| Premium Earned (Net) | 0 | 33030 150 | 0 | 31393 340 | |