| FORM NL-5 - CLAIMS SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| CLAIMS INCURRED [NET] | |||||
| FOR THE PERIOD ENDED 30.06.2013 | |||||
| (` '000) | |||||
| PARTICULARS | FOR THE QUARTER | THREE MONTH ENDING 30.06.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | THREE MONTH ENDING 30.06.2012 | |
| 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 | 0 | 8150 358 | 0 | 6962 355 | |
| Less :Re-insurance Ceded to claims paid | 0 | 539 662 | 0 | 161 834 | |
| Net Claims Paid | 0 | 7610 696 | 0 | 6800 521 | |
| Add : Claims Outstanding at the end of the year | 0 | 70317 766 | 0 | 65827 223 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 68743 345 | 0 | 64612 978 | |
| Total Claims Incurred | 0 | 9185 117 | 0 | 8014 766 | |
| 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 | 0 | 8259 918 | 0 | 8471 756 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 0 | |
| Net Claims Paid | 0 | 8259 918 | 0 | 8471 756 | |
| Add : Claims Outstanding at the end of the year | 0 | 51656 624 | 0 | 50054 434 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 53975 419 | 0 | 48480 865 | |
| Total Claims Incurred | 0 | 5941 123 | 0 | 10045 325 | |
| (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 | 5 354 | 0 | 83 | |
| Add :Re-insurance accepted to direct claims | 0 | 785 132 | 0 | 689 840 | |
| Less :Re-insurance Ceded to claims paid | 0 | 26 524 | 0 | 161 143 | |
| Net Claims Paid | 0 | 763 962 | 0 | 528 780 | |
| Add : Claims Outstanding at the end of the year | 0 | 9520 351 | 0 | 7060 022 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 9253 362 | 0 | 6971 868 | |
| Total Claims Incurred | 0 | 1030 951 | 0 | 616 934 | |
| (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 | 0 | 1068 384 | 0 | 1050 772 | |
| Less :Re-insurance Ceded to claims paid | 0 | 13 311 | 0 | 56 278 | |
| Net Claims Paid | 0 | 1055 073 | 0 | 994 494 | |
| Add : Claims Outstanding at the end of the year | 0 | 11988 360 | 0 | 9472 700 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 10769 022 | 0 | 9071 131 | |
| Total Claims Incurred | 0 | 2274 411 | 0 | 1396 063 | |
| (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 | 0 | 34 166 | 0 | 20 074 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 0 | |
| Net Claims Paid | 0 | 34 166 | 0 | 20 074 | |
| Add : Claims Outstanding at the end of the year | 0 | 295 292 | 0 | 223 002 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 230 487 | 0 | 210 407 | |
| Total Claims Incurred | 0 | 98 971 | 0 | 32 669 | |
| (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 | 0 | 66 782 | 0 | 229 037 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 390 878 | |
| Net Claims Paid | 0 | 66 782 | 0 | -161 841 | |
| Add : Claims Outstanding at the end of the year | 0 | 1420 241 | 0 | 1078 771 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 1231 056 | 0 | 974 245 | |
| Total Claims Incurred | 0 | 255 967 | 0 | -57 315 | |
| (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 | 0 | 874 135 | 0 | 575 699 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 0 | |
| Net Claims Paid | 0 | 874 135 | 0 | 575 699 | |
| Add : Claims Outstanding at the end of the year | 0 | 2713 108 | 0 | 752 557 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 3452 075 | 0 | 514 464 | |
| Total Claims Incurred | 0 | 135 168 | 0 | 813 792 | |
| (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 | 0 | 3122 141 | 0 | 4002 619 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 0 | |
| Net Claims Paid | 0 | 3122 141 | 0 | 4002 619 | |
| Add : Claims Outstanding at the end of the year | 0 | 9854 333 | 0 | 5484 596 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 10014 824 | 0 | 6133 249 | |
| Total Claims Incurred | 0 | 2961 650 | 0 | 3353 966 | |
| (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 | 0 | 3125 317 | 0 | 2420 190 | |
| Less :Re-insurance Ceded to claims paid | 0 | 2 366 | 0 | 6 607 | |
| Net Claims Paid | 0 | 3122 951 | 0 | 2413 583 | |
| Add : Claims Outstanding at the end of the year | 0 | 8689 578 | 0 | 12712 970 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 10079 799 | 0 | 12546 077 | |
| Total Claims Incurred | 0 | 1732 730 | 0 | 2580 476 | |
| (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 | 0 | 80 329 | 0 | 208 848 | |
| Less :Re-insurance Ceded to claims paid | 0 | 0 | 0 | 0 | |
| Net Claims Paid | 0 | 80 329 | 0 | 208 848 | |
| Add : Claims Outstanding at the end of the year | 0 | 7108 277 | 0 | 2469 605 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 3479 268 | 0 | 2583 139 | |
| Total Claims Incurred | 0 | 3709 338 | 0 | 95 314 | |
| 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 | 5 354 | 0 | 83 | |
| Add :Re-insurance accepted to direct claims | 0 | 17416 304 | 0 | 17668 835 | |
| Less :Re-insurance Ceded to claims paid | 0 | 42 201 | 0 | 614 906 | |
| Net Claims Paid | 0 | 17379 457 | 0 | 17054 012 | |
| Add : Claims Outstanding at the end of the year | 0 | 103246 164 | 0 | 89308 657 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 102485 312 | 0 | 87485 445 | |
| Total Claims Incurred | 0 | 18140 309 | 0 | 18877 224 | |
| 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 | 0 | 667 703 | 0 | 770 018 | |
| Less :Re-insurance Ceded to claims paid | 0 | 326 | 0 | -1 653 | |
| Net Claims Paid | 0 | 667 377 | 0 | 771 671 | |
| Add : Claims Outstanding at the end of the year | 0 | 5863 964 | 0 | 5133 547 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 5891 192 | 0 | 4999 539 | |
| Total Claims Incurred | 0 | 640 149 | 0 | 905 679 | |
| (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 | 0 | 992 698 | 0 | 1352 418 | |
| Less :Re-insurance Ceded to claims paid | 0 | 349 936 | 0 | 350 157 | |
| Net Claims Paid | 0 | 642 762 | 0 | 1002 261 | |
| Add : Claims Outstanding at the end of the year | 0 | 8198 443 | 0 | 10438 171 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 7893 011 | 0 | 9460 899 | |
| Total Claims Incurred | 0 | 948 194 | 0 | 1979 533 | |
| 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 | 0 | 1660 401 | 0 | 2122 436 | |
| Less :Re-insurance Ceded to claims paid | 0 | 350 262 | 0 | 348 504 | |
| Net Claims Paid | 0 | 1310 139 | 0 | 1773 932 | |
| Add : Claims Outstanding at the end of the year | 0 | 14062 407 | 0 | 15571 718 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 13784 203 | 0 | 14460 438 | |
| Total Claims Incurred | 0 | 1588 343 | 0 | 2885 212 | |
| 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 | 0 | 207 355 | 0 | 80 626 | |
| Less :Re-insurance Ceded to claims paid | 0 | 38 635 | 0 | 0 | |
| Net Claims Paid | 0 | 168 720 | 0 | 80 626 | |
| Add : Claims Outstanding at the end of the year | 0 | 232 732 | 0 | 188 289 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 217 744 | 0 | 111 158 | |
| Total Claims Incurred | 0 | 183 708 | 0 | 157 757 | |
| 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 | 5 354 | 0 | 83 | |
| Add :Re-insurance accepted to direct claims | 0 | 27434 418 | 0 | 26834 252 | |
| Less :Re-insurance Ceded to claims paid | 0 | 970 760 | 0 | 1125 244 | |
| Net Claims Paid | 0 | 26469 012 | 0 | 25709 091 | |
| Add : Claims Outstanding at the end of the year | 0 | 187859 069 | 0 | 170895 887 | |
| Less: Claims Outstanding at the beginning of the year | 0 | 185230 604 | 0 | 166670 019 | |
| Total Claims Incurred | 0 | 29097 477 | 0 | 29934 959 | |